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Scotts Miracle Gro Co (NYSE:SMG)
Market Cap
$3,726 Mil (As of Today)

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding. Scotts Miracle Gro Co's share price for the quarter that ended in Sep. 2014 was $54.95. Scotts Miracle Gro Co's shares outstanding for the quarter that ended in Sep. 2014 was 61 Mil. Therefore, Scotts Miracle Gro Co's market cap for the quarter that ended in Sep. 2014 was $3,726 Mil.

Scotts Miracle Gro Co's quarterly market cap declined from Mar. 2014 ($3,769 Mil) to Jun. 2014 ($3,483 Mil) and declined from Jun. 2014 ($3,483 Mil) to Sep. 2014 ($3,363 Mil).

Scotts Miracle Gro Co's annual market cap increased from Sep. 2012 ($2,665 Mil) to Sep. 2013 ($3,412 Mil) but then declined from Sep. 2013 ($3,412 Mil) to Sep. 2014 ($3,363 Mil).

Enterprise value is 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. Scotts Miracle Gro Co's enterprise value for Today is $4,435 Mil.


Definition

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Scotts Miracle Gro Co's Market Cap for the fiscal year that ended in Sep. 2014 is calculated as

Market Cap (A: Sep. 2014 )=Share Price (A: Sep. 2014 )*Shares Outstanding (A: Sep. 2014 )
=54.95*61.21
=3,363

Scotts Miracle Gro Co's Market Cap for the quarter that ended in Sep. 2014 is calculated as

Market Cap (Q: Sep. 2014 )=Share Price (Q: Sep. 2014 )*Shares Outstanding (Q: Sep. 2014 )
=54.95*61.21
=3,363

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


Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Related Terms

Shares Outstanding


Historical Data

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

Scotts Miracle Gro Co Annual Data

Sep05Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14
mktcap 2,9612,9732,7231,5282,8433,4562,7122,6653,4123,363

Scotts Miracle Gro Co Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
mktcap 2,5172,6652,7092,6682,9863,4123,8703,7693,4833,363
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