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The Scotts Miracle Gro Co (NYSE:SMG)
Enterprise Value
$6,069 Mil (As of Today)

Think of enterprise value as the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents.

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, The Scotts Miracle Gro Co's enterprise value is $6,069 Mil. The Scotts Miracle Gro Co's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2016 was $452 Mil. Therefore, The Scotts Miracle Gro Co's EV/EBIT ratio for today is 13.44.

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, The Scotts Miracle Gro Co's enterprise value is $6,069 Mil. The Scotts Miracle Gro Co's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Mar. 2016 was $525 Mil. Therefore, The Scotts Miracle Gro Co's EV/EBITDA ratio for today is 11.55.

EV/Revenue ratio is calculated as enterprise value divided by its Revenue. As of today, The Scotts Miracle Gro Co's enterprise value is $6,069 Mil. The Scotts Miracle Gro Co's revenue for the trailing twelve months (TTM) ended in Mar. 2016 was $3,189 Mil. Therefore, The Scotts Miracle Gro Co's EV/Revenue ratio for today is 1.90.


Definition

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents.

The Scotts Miracle Gro Co's Enterprise Value for the fiscal year that ended in Sep. 2015 is calculated as

Enterprise Value (A: Sep. 2015 )
=Market Cap+Preferred Stock+Long-Term Debt
=3734.348+0+1028.5
+Short-Term Debt Without Lease+Minority Interest-Cash and Cash Equivalents
+134.8+12.4-71.4
=4,839

The Scotts Miracle Gro Co's Enterprise Value for the quarter that ended in Mar. 2016 is calculated as

Enterprise Value (Q: Mar. 2016 )
=Market Cap+Preferred Stock+Long-Term Debt
=4468.8057+0+1764.8
+Short-Term Debt Without Lease+Minority Interest-Cash and Cash Equivalents
+202.9+12.5-57.3
=6,392

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of enterprise value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV/EBIT ratio is calculated as enterprise value divided by its EBIT.

The Scotts Miracle Gro Co's EV/EBIT for today is

The Scotts Miracle Gro Co's current Enterprise Value is $6,069 Mil.
The Scotts Miracle Gro Co's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2016 was 217.7 (Jun. 2015 ) + -26.4 (Sep. 2015 ) + -109 (Dec. 2015 ) + 369.2 (Mar. 2016 ) = $452 Mil.

2. EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA.

The Scotts Miracle Gro Co's EV/EBITDA for today is:

The Scotts Miracle Gro Co's current Enterprise Value is $6,069 Mil.
The Scotts Miracle Gro Co's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Mar. 2016 was 236.2 (Jun. 2015 ) + -7.9 (Sep. 2015 ) + -90.9 (Dec. 2015 ) + 387.9 (Mar. 2016 ) = $525 Mil.

3. EV/Revenue ratio is calculated as enterprise value divided by its Revenue.

The Scotts Miracle Gro Co's EV/Revenue for today is:

EV/Revenue ratio=Enterprise Value (Today)/Revenue (TTM)
=6068.570/3188.9
=1.90

The Scotts Miracle Gro Co's current Enterprise Value is $6,069 Mil.
The Scotts Miracle Gro Co's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Mar. 2016 was 1214.8 (Jun. 2015 ) + 483.2 (Sep. 2015 ) + 245.7 (Dec. 2015 ) + 1245.2 (Mar. 2016 ) = $3,189 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Market Cap, Preferred Stock, Long-Term Debt, Cash and Cash Equivalents


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

The Scotts Miracle Gro Co Annual Data

Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14Sep15
ev 3,3963,7902,4563,5823,9983,3763,3153,8534,0474,839

The Scotts Miracle Gro Co Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
ev 4,6235,0404,1624,0474,8375,5864,6184,8395,4646,392
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