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The Scotts Miracle Gro Co (The Scotts Miracle Gro Co) Cyclically Adjusted FCF per Share : $3.18 (As of Dec. 2023)


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What is The Scotts Miracle Gro Co Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

The Scotts Miracle Gro Co's adjusted free cash flow per share for the three months ended in Dec. 2023 was $-6.721. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $3.18 for the trailing ten years ended in Dec. 2023.

During the past 12 months, The Scotts Miracle Gro Co's average Cyclically Adjusted FCF Growth Rate was 18.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 1.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 5.10% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 4.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of The Scotts Miracle Gro Co was 183.60% per year. The lowest was -5.70% per year. And the median was 5.00% per year.

As of today (2024-04-27), The Scotts Miracle Gro Co's current stock price is $67.75. The Scotts Miracle Gro Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $3.18. The Scotts Miracle Gro Co's Cyclically Adjusted Price-to-FCF of today is 21.31.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of The Scotts Miracle Gro Co was 88.28. The lowest was 13.20. And the median was 34.02.


The Scotts Miracle Gro Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for The Scotts Miracle Gro Co's Cyclically Adjusted FCF per Share 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.

* Premium members only.

The Scotts Miracle Gro Co Cyclically Adjusted FCF per Share Chart

The Scotts Miracle Gro Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.69 3.22 3.52 3.11 3.39

The Scotts Miracle Gro Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.69 3.26 2.83 3.39 3.18

Competitive Comparison of The Scotts Miracle Gro Co's Cyclically Adjusted FCF per Share

For the Agricultural Inputs subindustry, The Scotts Miracle Gro Co's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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's Cyclically Adjusted Price-to-FCF Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, The Scotts Miracle Gro Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where The Scotts Miracle Gro Co's Cyclically Adjusted Price-to-FCF falls into.



The Scotts Miracle Gro Co Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, The Scotts Miracle Gro Co's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-6.721/129.4194*129.4194
=-6.721

Current CPI (Dec. 2023) = 129.4194.

The Scotts Miracle Gro Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -7.059 99.695 -9.164
201406 10.151 100.560 13.064
201409 3.005 100.428 3.872
201412 -4.630 99.070 -6.048
201503 -6.364 99.621 -8.268
201506 10.589 100.684 13.611
201509 -1.565 100.392 -2.018
201512 -5.767 99.792 -7.479
201603 -4.783 100.470 -6.161
201606 9.493 101.688 12.082
201609 4.077 101.861 5.180
201612 -3.759 101.863 -4.776
201703 -4.883 102.862 -6.144
201706 9.523 103.349 11.925
201709 4.136 104.136 5.140
201712 -3.991 104.011 -4.966
201803 -4.983 105.290 -6.125
201806 8.380 106.317 10.201
201809 5.665 106.507 6.884
201812 -4.450 105.998 -5.433
201903 -5.741 107.251 -6.928
201906 8.136 108.070 9.743
201909 5.213 108.329 6.228
201912 -6.095 108.420 -7.276
202003 -5.255 108.902 -6.245
202006 11.161 108.767 13.280
202009 8.600 109.815 10.135
202012 -7.974 109.897 -9.391
202103 -5.224 111.754 -6.050
202106 8.164 114.631 9.217
202109 7.819 115.734 8.744
202112 -14.643 117.630 -16.111
202203 -7.096 121.301 -7.571
202206 7.762 125.017 8.035
202209 9.712 125.227 10.037
202212 -8.310 125.222 -8.589
202303 -2.788 127.348 -2.833
202306 9.551 128.729 9.602
202309 9.171 129.860 9.140
202312 -6.721 129.419 -6.721

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


The Scotts Miracle Gro Co  (NYSE:SMG) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

The Scotts Miracle Gro Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=67.75/3.18
=21.31

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of The Scotts Miracle Gro Co was 88.28. The lowest was 13.20. And the median was 34.02.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


The Scotts Miracle Gro Co Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of The Scotts Miracle Gro Co's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


The Scotts Miracle Gro Co (The Scotts Miracle Gro Co) Business Description

Traded in Other Exchanges
Address
14111 Scottslawn Road, Marysville, OH, USA, 43041
Scotts Miracle-Gro is the largest provider of gardening and lawncare products in the United States. The majority of the company's sales are to large retailers that include Home Depot, Lowe's, and Walmart. Scotts Miracle-Gro can sell its products at a higher price point than its competition because of a well-recognized portfolio of brands that include Miracle-Gro, Roundup, Ortho, Tomcat, and Scotts. Scotts is also the leading supplier of cannabis-growing equipment in North America through its Hawthorne business.
Executives
Nancy G. Mistretta director 14111 SCOTTSLAWN ROAD, MARYSVILLE OH 43041
Kelly Thomas N Jr director C/O THE SCOTTS MIRACLE-GRO COMPANY, 14111 SCOTTSLAWN ROAD, MARYSVILLE OH 43041
Hagedorn Partnerships L P 10 percent owner SCOTTS MIRACLE-GRO PRODUCTS INC, 800 PORT WASHINGTON BLVD, PORT WASHINGTON NY 11050
James Hagedorn director, 10 percent owner, officer: President and CEO C/O SCOTTS CO, 14111 SCOTTSLAWN ROAD, MARYSVILLE OH 43041
Julie Demuesy officer: SVP, CHIEF HUMAN RESOURCES 14111 SCOTTSLAWN RD, MARYSVILLE OH 43041
Mark D Kingdon director 14111 SCOTTSLAWN RD, MARYSVILLE OH 43041
Stephen L Johnson director 14111 SCOTTSLAWN ROAD, MARYSVILLE OH 43041
Edith Aviles director 14111 SCOTTSLAWN ROAD, MARYSVILLE OH 43041
Dimiter Todorov officer: EVP, GC & CORPORATE SECRETARY 14111 SCOTTSLAWN RD, MARYSVILLE OH 43041
Matthew E Garth officer: EVP & CFO 622 THIRD AVENUE, 38TH FLOOR, NEW YORK NY 10017
David C Evans officer: EVP and CFO C/O THE SCOTTS MIRACLE-GRO COMPANY, 14111 SCOTTSLAWN ROAD, MARYSVILLE OH 43041
Peter E Shumlin director 14111 SCOTTSLAWN ROAD, MARYSVILLE OH 43041
Brian E Sandoval director 14111 SCOTTSLAWN ROAD, MARYSVILLE OH 43041
James D King officer: EVP and CCO 14111 SCOTTSLAWN RD, MARYSVILLE OH 43041
Gerald Volas director C/O TREX COMPANY INC., 160 EXETER DRIVE, WINCHESTER VA 22603