Scotts Miracle Revenue vs. Operating Margin
| SMG Stock | USD 73.74 0.70 0.94% |
Total Revenue | First Reported 1989-12-31 | Previous Quarter 1.2 B | Current Value 414.7 M | Quarterly Volatility 437.6 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.41 | 0.2394 |
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For Scotts Miracle profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Scotts Miracle to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Scotts Miracle Gro utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Scotts Miracle's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Scotts Miracle Gro over time as well as its relative position and ranking within its peers.
Scotts |
Is Fertilizers & Agricultural Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Scotts Miracle. If investors know Scotts will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Scotts Miracle listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.961 | Dividend Share 2.64 | Earnings Share (0.61) | Revenue Per Share 62.548 | Quarterly Revenue Growth 0.107 |
The market value of Scotts Miracle Gro is measured differently than its book value, which is the value of Scotts that is recorded on the company's balance sheet. Investors also form their own opinion of Scotts Miracle's value that differs from its market value or its book value, called intrinsic value, which is Scotts Miracle's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Scotts Miracle's market value can be influenced by many factors that don't directly affect Scotts Miracle's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Scotts Miracle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Scotts Miracle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Scotts Miracle's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Scotts Miracle Gro Operating Margin vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Scotts Miracle's current stock value. Our valuation model uses many indicators to compare Scotts Miracle value to that of its competitors to determine the firm's financial worth. Scotts Miracle Gro is rated below average in revenue category among its peers. It is rated below average in operating margin category among its peers . At this time, Scotts Miracle's Total Revenue is most likely to increase significantly in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value Scotts Miracle by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Scotts Revenue vs. Competition
Scotts Miracle Gro is rated below average in revenue category among its peers. Market size based on revenue of Materials industry is at this time estimated at about 82.07 Billion. Scotts Miracle holds roughly 3.55 Billion in revenue claiming about 4% of all equities under Materials industry.
Scotts Operating Margin vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Scotts Miracle |
| = | 3.55 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Scotts Miracle |
| = | (0.31) % |
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
Scotts Operating Margin Comparison
Scotts Miracle is currently under evaluation in operating margin category among its peers.
Scotts Miracle Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Scotts Miracle, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Scotts Miracle will eventually generate negative long term returns. The profitability progress is the general direction of Scotts Miracle's change in net profit over the period of time. It can combine multiple indicators of Scotts Miracle, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -101.5 M | -106.6 M | |
| Operating Income | 208.8 M | 252.3 M | |
| Income Before Tax | -23.6 M | -22.4 M | |
| Total Other Income Expense Net | -232.4 M | -220.8 M | |
| Net Loss | -34.9 M | -33.2 M | |
| Income Tax Expense | 11.3 M | 10.7 M | |
| Net Loss | -437.1 M | -415.3 M | |
| Net Loss | -342.1 M | -325 M | |
| Non Operating Income Net Other | -6.9 M | -6.6 M | |
| Interest Income | 321.1 M | 337.1 M | |
| Net Interest Income | -160.3 M | -152.3 M | |
| Change To Netincome | 461.4 M | 484.4 M | |
| Net Loss | (0.61) | (0.58) | |
| Income Quality | (19.13) | (18.17) | |
| Net Income Per E B T | 1.48 | 1.55 |
Scotts Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Scotts Miracle. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Scotts Miracle position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Scotts Miracle's important profitability drivers and their relationship over time.
Use Scotts Miracle in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Scotts Miracle position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Scotts Miracle will appreciate offsetting losses from the drop in the long position's value.Scotts Miracle Pair Trading
Scotts Miracle Gro Pair Trading Analysis
The ability to find closely correlated positions to Scotts Miracle could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Scotts Miracle when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Scotts Miracle - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Scotts Miracle Gro to buy it.
The correlation of Scotts Miracle is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Scotts Miracle moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Scotts Miracle Gro moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Scotts Miracle can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Scotts Miracle position
In addition to having Scotts Miracle in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Convertibles Funds
Funds or Etfs that invest in debt that is expected to be converted into a predetermined amount of the company equity at some future date. The Convertibles Funds theme has 12 constituents at this time.
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To fully project Scotts Miracle's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Scotts Miracle Gro at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Scotts Miracle's income statement, its balance sheet, and the statement of cash flows.