Scotts Miracle-Gro Co
NYSE:SMG
Scotts Miracle-Gro Co
NYSE:SMG
Price:
63.2 USD
-3.29%
Market Closed
Updated:
Jun 1, 2023
Section:
Relative Value
The Relative Value of one
SMG
stock under the Base Case scenario is
121.28
USD.
Compared to the current market price of 63.2 USD,
Scotts Miracle-Gro Co
is
Undervalued by 48%.
Relative valuation is one of two methods of placing a monetary value on a company; the other is Discounted Cash Flow valuation method. We use a combination of these two methods to calculate the Intrinsic Value of stock as accurately as possible.
Relative Valuation FAQ:
SMG
Relative Value
Base Case
121.28
USD
Undervaluation 48%
Valuation Multiples
Multiples Across Competitors
SMG Competitors Multiples
Scotts Miracle-Gro Co Competitors
Scotts Miracle-Gro Co Competitors
| Market Cap | P/S | P/E | EV/EBITDA | EV/EBIT | ||||
|---|---|---|---|---|---|---|---|---|
| US |
|
Scotts Miracle-Gro Co
NYSE:SMG
|
3.5B USD | 0.9 | -5.7 | 13.7 | 17.4 | |
| US |
|
Corteva Inc
NYSE:CTVA
|
38B USD | 2.1 | 32.3 | 12.3 | 19.2 | |
| CA |
|
Nutrien Ltd
TSX:NTR
|
35.5B CAD | 0.7 | 3.8 | 3.7 | 4.5 | |
| CL |
|
Sociedad Quimica y Minera de Chile SA
NYSE:SQM
|
18.3B USD | 1.7 | 4.7 | 3.3 | 3.3 | |
| SA |
S
|
SABIC Agri-Nutrients Company SJSC
SAU:2020
|
59.3B SAR | 3.5 | 7 | 4.7 | 5.2 | |
| RU |
|
PhosAgro PAO
OTC:PHOJY
|
14.7B USD | 2.1 | 6.4 | 4.8 | 5.4 | |
| CN |
Q
|
Qinghai Salt Lake Industry Co Ltd
SZSE:000792
|
101B CNY | 3.6 | 7 | 4.4 | 4.4 | |
| US |
|
FMC Corp
NYSE:FMC
|
13B USD | 2.2 | 18 | 11.9 | 13.6 | |
| US |
|
CF Industries Holdings Inc
NYSE:CF
|
12.1B USD | 1.2 | 4 | 2.2 | 2.6 | |
| US |
|
Mosaic Co
NYSE:MOS
|
10.6B USD | 0.6 | 3.7 | 2.7 | 3.3 | |
| NO |
|
Yara International ASA
OSE:YAR
|
106B NOK | 0.4 | 4.9 | 3.2 | 4.3 |
| P/S Multiple | Revenue Growth | |||
|---|---|---|---|---|
| US |
|
Scotts Miracle-Gro Co
NYSE:SMG
|
0.9
|
7%
|
| US |
|
Corteva Inc
NYSE:CTVA
|
2.1
|
18%
|
| CA |
|
Nutrien Ltd
TSX:NTR
|
0.7
|
-17%
|
| CL |
|
Sociedad Quimica y Minera de Chile SA
NYSE:SQM
|
1.7
|
-17%
|
| SA |
S
|
SABIC Agri-Nutrients Company SJSC
SAU:2020
|
3.5
|
-41%
|
| RU |
|
PhosAgro PAO
OTC:PHOJY
|
2.1
|
-34%
|
| CN |
Q
|
Qinghai Salt Lake Industry Co Ltd
SZSE:000792
|
3.6
|
-3%
|
| US |
|
FMC Corp
NYSE:FMC
|
2.2
|
16%
|
| US |
|
CF Industries Holdings Inc
NYSE:CF
|
1.2
|
-41%
|
| US |
|
Mosaic Co
NYSE:MOS
|
0.6
|
-34%
|
| NO |
|
Yara International ASA
OSE:YAR
|
0.4
|
-24%
|
| P/E Multiple | Earnings Growth | |||
|---|---|---|---|---|
| US |
|
Scotts Miracle-Gro Co
NYSE:SMG
|
Negative Multiple: -5.7 | N/A |
| US |
|
Corteva Inc
NYSE:CTVA
|
32.3
|
152%
|
| CA |
|
Nutrien Ltd
TSX:NTR
|
3.8
|
-53%
|
| CL |
|
Sociedad Quimica y Minera de Chile SA
NYSE:SQM
|
4.7
|
-30%
|
| SA |
S
|
SABIC Agri-Nutrients Company SJSC
SAU:2020
|
7
|
-57%
|
| RU |
|
PhosAgro PAO
OTC:PHOJY
|
6.4
|
-33%
|
| CN |
Q
|
Qinghai Salt Lake Industry Co Ltd
SZSE:000792
|
7
|
-7%
|
| US |
|
FMC Corp
NYSE:FMC
|
18
|
69%
|
| US |
|
CF Industries Holdings Inc
NYSE:CF
|
4
|
-60%
|
| US |
|
Mosaic Co
NYSE:MOS
|
3.7
|
-59%
|
| NO |
|
Yara International ASA
OSE:YAR
|
4.9
|
-56%
|
| EV/EBITDA Multiple | EBITDA Growth | |||
|---|---|---|---|---|
| US |
|
Scotts Miracle-Gro Co
NYSE:SMG
|
13.7
|
38%
|
| US |
|
Corteva Inc
NYSE:CTVA
|
12.3
|
43%
|
| CA |
|
Nutrien Ltd
TSX:NTR
|
3.7
|
-39%
|
| CL |
|
Sociedad Quimica y Minera de Chile SA
NYSE:SQM
|
3.3
|
N/A |
| SA |
S
|
SABIC Agri-Nutrients Company SJSC
SAU:2020
|
4.7
|
-54%
|
| RU |
|
PhosAgro PAO
OTC:PHOJY
|
4.8
|
-38%
|
| CN |
Q
|
Qinghai Salt Lake Industry Co Ltd
SZSE:000792
|
4.4
|
-8%
|
| US |
|
FMC Corp
NYSE:FMC
|
11.9
|
32%
|
| US |
|
CF Industries Holdings Inc
NYSE:CF
|
2.2
|
-59%
|
| US |
|
Mosaic Co
NYSE:MOS
|
2.7
|
-56%
|
| NO |
|
Yara International ASA
OSE:YAR
|
3.2
|
-43%
|
| EV/EBIT Multiple | EBIT Growth | |||
|---|---|---|---|---|
| US |
|
Scotts Miracle-Gro Co
NYSE:SMG
|
17.4
|
38%
|
| US |
|
Corteva Inc
NYSE:CTVA
|
19.2
|
78%
|
| CA |
|
Nutrien Ltd
TSX:NTR
|
4.5
|
-48%
|
| CL |
|
Sociedad Quimica y Minera de Chile SA
NYSE:SQM
|
3.3
|
N/A |
| SA |
S
|
SABIC Agri-Nutrients Company SJSC
SAU:2020
|
5.2
|
-59%
|
| RU |
|
PhosAgro PAO
OTC:PHOJY
|
5.4
|
-37%
|
| CN |
Q
|
Qinghai Salt Lake Industry Co Ltd
SZSE:000792
|
4.4
|
-9%
|
| US |
|
FMC Corp
NYSE:FMC
|
13.6
|
35%
|
| US |
|
CF Industries Holdings Inc
NYSE:CF
|
2.6
|
-66%
|
| US |
|
Mosaic Co
NYSE:MOS
|
3.3
|
-65%
|
| NO |
|
Yara International ASA
OSE:YAR
|
4.3
|
-58%
|
Sensibly Priced Quality
Significantly Undervalued
Magic Formula
High Growth
