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The Scotts Miracle Gro CoSMG -1.02%66 Return-on-Tangible-Asset is 16.65% as of Jun. 2026, which is 65% above its 10-year median of 10.09. GuruFocus rates SMG with a GF Scoreâ„¢ of 66/100 and a GF Valueâ„¢ of $60.97 (Fairly Valued). The stock has 5 warning signs investors should review. Among 260 Agriculture companies, The Scotts Miracle Gro Co ranks worse than 53.85% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. The Scotts Miracle Gro Co's annualizedNet Income for the quarter that ended in Jun. 2026 was $449 Mil. The Scotts Miracle Gro Co's average total tangible assets for the quarter that ended in Jun. 2026 was $2,695 Mil. Therefore, The Scotts Miracle Gro Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 16.65%.
The historical rank and industry rank for The Scotts Miracle Gro Co's Return-on-Tangible-Asset or its related term are showing as below:
SMG'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -12.59 Med: 10.09 Max: 26.81
Current: 2.99
During the past 13 years, The Scotts Miracle Gro Co's highest Return-on-Tangible-Asset was 26.81%. The lowest was -12.59%. And the median was 10.09%.
SMG's Return-on-Tangible-Asset is ranked worse than 53.85% of 260
companies
in the Agriculture industry
Industry Median: 3.47
vs SMG: 2.99
The Scotts Miracle Gro Co (NYSE:SMG) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companyÂ’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companyÂ’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
The Scotts Miracle Gro Co Return-on-Tangible-Asset Related Terms
The Scotts Miracle Gro Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for The Scotts Miracle Gro Co's Return-on-Tangible-Asset can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
The Scotts Miracle Gro Co Return-on-Tangible-Asset Chart
SMG vs FMC, UAN, MOS: Return-on-Tangible-Asset Comparison
For the Agricultural Inputs subindustry, The Scotts Miracle Gro Co's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
The Scotts Miracle Gro Co Return-on-Tangible-Asset vs Agriculture Industry
For the Agriculture industry and Basic Materials sector, The Scotts Miracle Gro Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where The Scotts Miracle Gro Co's Return-on-Tangible-Asset falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 16.65% mean?
The Scotts Miracle Gro Co (SMG) has a Return-on-Tangible-Asset of 16.65% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on The Scotts Miracle Gro Co and its competitors. This is 65% above median its historical median of 10.09. According to the industry distribution chart, The Scotts Miracle Gro Co ranks #140 out of 260 companies in the Agriculture industry, placing it in the top 53.8%.
Is The Scotts Miracle Gro Co's Return-on-Tangible-Asset too high?
The Scotts Miracle Gro Co's current Return-on-Tangible-Asset of 16.65% is 65% above median its 10-year median of 10.09. The Agriculture industry median Return-on-Tangible-Asset is 3.47. The Scotts Miracle Gro Co's value of 16.65% is 379.8% above this industry median. Based on the distribution chart, The Scotts Miracle Gro Co ranks #140 out of 260 companies in the Agriculture industry, which is below the industry midpoint. Overall, The Scotts Miracle Gro Co has a GF Scoreâ„¢ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does The Scotts Miracle Gro Co's Return-on-Tangible-Asset compare to FMC and UAN?
According to the Agriculture industry distribution chart, The Scotts Miracle Gro Co ranks #140 out of 260 companies for Return-on-Tangible-Asset. This places The Scotts Miracle Gro Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.47. The Scotts Miracle Gro Co's value of 16.65% is 379.8% above this benchmark. While the company's 10-year median is 10.09 vs. the industry median of 3.47, The Scotts Miracle Gro Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for an Agriculture company?
The median Return-on-Tangible-Asset among Agriculture companies is 3.47, based on 260 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. The Scotts Miracle Gro Co's current Return-on-Tangible-Asset of 16.65% is 379.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on The Scotts Miracle Gro Co and its competitors. For the Agriculture industry, the median Return-on-Tangible-Asset is 3.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Scotts Miracle Gro Co's current Return-on-Tangible-Asset is 16.65%, which is 65% above median its own 10-year median of 10.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Scotts Miracle Gro Co stock overvalued right now?
Based on GuruFocus' analysis, The Scotts Miracle Gro Co (SMG) is currently considered Fairly Valued. The stock's GF Value™ is $60.97, compared to a current price of $62.27 — trading 2.1% above its estimated fair value. The current Return-on-Tangible-Asset is 16.65%, which is 65% above median its 10-year median of 10.09 and 379.8% above the Agriculture industry median of 3.47. The Scotts Miracle Gro Co's overall GF Score™ is 66/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For The Scotts Miracle Gro Co (SMG), the current Return-on-Tangible-Asset is 16.65% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is The Scotts Miracle Gro Co (SMG) Overvalued in 2026?
Based on GuruFocus' analysis, The Scotts Miracle Gro Co stock appears to be overvalued.
The current stock price of $62.27 is trading 2.1% above its estimated GF Value™ of $60.97.
GuruFocus considers The Scotts Miracle Gro Co to be Fairly Valued.
Key valuation signals for SMG:
Return-on-Tangible-Asset: 16.65% (65% above median its 10-year median of 10.09)
GF Value™: $60.97 vs. price of $62.27 (2.1% above fair value)
Industry Position: 379.8% above the Agriculture median (#140 of 260)
No single metric tells the full story. See the SMG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Scotts Miracle-Gro is the largest purveyor of home lawn and gardening products in the US. The company sells a broad range of lawncare products, including grass seed, fertilizer, and lawn-related weed, animal, and disease control. US consumer typically generates the vast majority of companywide revenue and profits. Its lawncare and gardening products are well-recognized brands in the US, including Scotts, Miracle-Gro, Roundup, Ortho, and Tomcat. Over half of revenue typically comes from Home Depot and Lowe's, as Scotts' products are featured at both home improvement retailers.
66GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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