Scotts Miracle Gro Stock Piotroski F Score

SMG Stock  USD 77.09  1.29  1.70%   
This module uses fundamental data of Scotts Miracle to approximate its Piotroski F score. Scotts Miracle F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Scotts Miracle Gro. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Scotts Miracle financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Scotts Miracle Altman Z Score, Scotts Miracle Correlation, Scotts Miracle Valuation, as well as analyze Scotts Miracle Alpha and Beta and Scotts Miracle Hype Analysis.
  
At this time, Scotts Miracle's Short Term Debt is most likely to increase significantly in the upcoming years. The Scotts Miracle's current Long Term Debt is estimated to increase to about 3.1 B, while Debt To Equity is forecasted to increase to (5.42). At this time, Scotts Miracle's Stock Based Compensation To Revenue is most likely to increase slightly in the upcoming years. The Scotts Miracle's current Capex To Depreciation is estimated to increase to 1.76, while Dividend Yield is projected to decrease to 0.03.
At this time, it appears that Scotts Miracle's Piotroski F Score is Unavailable. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
6.0
Piotroski F Score - Unavailable
Current Return On Assets

Negative

Focus
Change in Return on Assets

Increased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Increase

Focus
Current Ratio Change

Increase

Focus
Long Term Debt Over Assets Change

Higher Leverage

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

Increase

Focus

Scotts Miracle Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Scotts Miracle is to make sure Scotts is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Scotts Miracle's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Scotts Miracle's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.281.2371
Sufficiently Up
Slightly volatile
Gross Profit Margin0.410.2394
Way Up
Slightly volatile
Net Debt2.3 B2.2 B
Sufficiently Up
Slightly volatile
Total Current Liabilities528.5 M750.3 M
Way Down
Slightly volatile
Non Current Liabilities Total2.6 B2.5 B
Sufficiently Up
Slightly volatile
Total Assets2.2 B2.9 B
Significantly Down
Slightly volatile
Total Current Assets893 M980.4 M
Significantly Down
Slightly volatile

Scotts Miracle Gro F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Scotts Miracle's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Scotts Miracle in a much-optimized way.

About Scotts Miracle Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Common Stock Shares Outstanding

62.84 Million

At this time, Scotts Miracle's Common Stock Shares Outstanding is most likely to increase significantly in the upcoming years.

Scotts Miracle ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Scotts Miracle's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Scotts Miracle's managers, analysts, and investors.
Environmental
Governance
Social

About Scotts Miracle Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Scotts Miracle Gro's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Scotts Miracle using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Scotts Miracle Gro based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Currently Active Assets on Macroaxis

When determining whether Scotts Miracle Gro is a strong investment it is important to analyze Scotts Miracle's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Scotts Miracle's future performance. For an informed investment choice regarding Scotts Stock, refer to the following important reports:
Check out Scotts Miracle Altman Z Score, Scotts Miracle Correlation, Scotts Miracle Valuation, as well as analyze Scotts Miracle Alpha and Beta and Scotts Miracle Hype Analysis.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
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.