Scotts Miracle Gro Stock Return On Asset

SMG Stock  USD 66.74  1.22  1.80%   
Scotts Miracle Gro fundamentals help investors to digest information that contributes to Scotts Miracle's financial success or failures. It also enables traders to predict the movement of Scotts Stock. The fundamental analysis module provides a way to measure Scotts Miracle's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Scotts Miracle stock.
The Scotts Miracle's current Return On Assets is estimated to increase to -0.1.
  
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Scotts Miracle Gro Company Return On Asset Analysis

Scotts Miracle's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Scotts Miracle Return On Asset

    
  0.0398  
Most of Scotts Miracle's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Scotts Miracle Gro is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Scotts Return On Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Scotts Miracle is extremely important. It helps to project a fair market value of Scotts Stock properly, considering its historical fundamentals such as Return On Asset. Since Scotts Miracle's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Scotts Miracle's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Scotts Miracle's interrelated accounts and indicators.
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Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition

Scotts Total Assets

Total Assets

2.19 Billion

At this time, Scotts Miracle's Total Assets are most likely to increase significantly in the upcoming years.
Based on the latest financial disclosure, Scotts Miracle Gro has a Return On Asset of 0.0398. This is 94.62% lower than that of the Chemicals sector and 96.02% lower than that of the Materials industry. The return on asset for all United States stocks is 128.43% lower than that of the firm.

Scotts Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Scotts Miracle's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Scotts Miracle could also be used in its relative valuation, which is a method of valuing Scotts Miracle by comparing valuation metrics of similar companies.
Scotts Miracle is currently under evaluation in return on asset category among related companies.

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.
Environment Score
Governance Score
Social Score

Scotts Fundamentals

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 Piotroski F Score and Scotts Miracle Altman Z Score analysis.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Scotts Miracle's price analysis, check to measure Scotts Miracle's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Scotts Miracle is operating at the current time. Most of Scotts Miracle's value examination focuses on studying past and present price action to predict the probability of Scotts Miracle's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Scotts Miracle's price. Additionally, you may evaluate how the addition of Scotts Miracle to your portfolios can decrease your overall portfolio volatility.
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Is Scotts Miracle's industry 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
(0.61)
Dividend Share
2.64
Earnings Share
(7.04)
Revenue Per Share
61.014
Quarterly Revenue Growth
(0.22)
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.