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GuruFocus has detected 6 Warning Signs with The Scotts Miracle Gro Co $SMG.
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The Scotts Miracle Gro Co (NYSE:SMG)
EV-to-EBIT
18.65 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, The Scotts Miracle Gro Co's enterprise value is $7,262 Mil. The Scotts Miracle Gro Co's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2017 was $389 Mil. Therefore, The Scotts Miracle Gro Co's EV/EBIT ratio for today is 18.65.

SMG' s EV-to-EBIT Range Over the Past 10 Years
Min: 9.7   Max: 32.7
Current: 18.65

9.7
32.7

During the past 13 years, the highest EV/EBIT Ratio of The Scotts Miracle Gro Co was 32.70. The lowest was 9.70. And the median was 14.60.

SMG's EV-to-EBIT is ranked higher than
63% of the 228 Companies
in the Global Agricultural Inputs industry.

( Industry Median: 19.58 vs. SMG: 18.65 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). The Scotts Miracle Gro Co's enterprise value for the quarter that ended in Mar. 2017 was $7,614 Mil. The Scotts Miracle Gro Co's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2017 was $389 Mil. The Scotts Miracle Gro Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2017 was 5.11%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=7261.746/389.3
=18.65

The Scotts Miracle Gro Co's current Enterprise Value is $7,262 Mil.
The Scotts Miracle Gro Co's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2017 was 213.4 (Jun. 2016 ) + -17.8 (Sep. 2016 ) + -84.1 (Dec. 2016 ) + 277.8 (Mar. 2017 ) = $389 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

This is a more accurate valuation of companies' operation because it consider the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt).

The Scotts Miracle Gro Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2017 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Mar. 2017 )=EBIT (TTM)/Enterprise Value (Q: Mar. 2017 )
=389.3/7613.8576
=5.11 %

The Scotts Miracle Gro Co's Enterprise Value for the quarter that ended in Mar. 2017 was $7,614 Mil.
The Scotts Miracle Gro Co's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2017 was 213.4 (Jun. 2016 ) + -17.8 (Sep. 2016 ) + -84.1 (Dec. 2016 ) + 277.8 (Mar. 2017 ) = $389 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Enterprise Value, Earnings Yield (Joel Greenblatt), Earnings Before Interest and Taxes (EBIT)


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

The Scotts Miracle Gro Co Annual Data

Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14Sep15Sep16
ev2ebit 14.6525.0612.0411.0112.3413.7512.4114.8218.3813.76

The Scotts Miracle Gro Co Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
ev2ebit 18.9119.8216.9318.3820.8215.9813.5913.7615.350.00
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