Scotts Miracle-Gro Company
NYSE: SMG · BASIC MATERIALS · AGRICULTURAL INPUTS
Updated 2026-04-29
Scotts Miracle-Gro Company (SMG) Stock Valuation Analysis
Fair value estimate, historical valuation range, and quality signals for SMG.
Current price exceeds what fundamentals support. Risk/reward skewed unfavorably.
SMG historical valuation range
Where current P/E sits in SMG's own 5Y range.
SMG intrinsic value (DCF)
DCF-based fair value estimate vs current market price.
Intrinsic value calculated using discounted cash flow (DCF) model based on projected free cash flows, discount rate, and terminal growth assumptions. A positive margin of safety indicates the current price is below estimated fair value, providing a cushion against estimation error.
SMG valuation signals
Quick-read green flags, caution flags, and risks based on current metrics.
P/E Ratio — History
Current: 17.39x
P/S Ratio — History
Current: 1.06x
Is SMG overvalued in 2026?
Scotts Miracle-Gro Company (SMG) currently trades at $62.42 per share with a market capitalization of $3,622,841,000.00. Based on our multi-factor framework, the stock appears richly valued with a Smart Value Score of 43/100. This score blends growth quality, financial health, and price attractiveness into a single institutional-grade read.
The stock trades at a P/E ratio of 17.4x, below its 5-year median of 22.6x. The PEG ratio of 0.77 suggests earnings growth is outpacing the multiple, a classic sign of undervaluation.
Looking at its own history, SMG is currently trading cheaper than 86% of the last 5Y on P/E. This places it in the 14th percentile of its historical range, a level that has historically coincided with attractive entry points.
Our discounted cash flow model estimates SMG's intrinsic value at $78.94 per share, against the current market price of $62.42. This implies a margin of safety of +14.87%. The stock is priced close to its estimated fair value, offering limited upside without further operational improvement.
The Piotroski F-Score of 5/9 puts financial quality in a middling range, neither a standout strength nor an obvious red flag.
Bottom line: SMG appears richly valued on our framework, with a Smart Value Score of 43/100. At current levels the risk/reward is skewed against the buyer. A materially lower price or significant operational improvement would be needed to change the picture.
Frequently asked questions
Is SMG overvalued in 2026?
Based on a Smart Value Score of 43/100, SMG appears overvalued. Current price exceeds what fundamentals currently justify.
What is SMG's fair value?
Our DCF model estimates SMG's intrinsic value at $78.94 per share, versus the current price of $62.42. This produces a margin of safety of +14.87%.
What P/E ratio does SMG trade at?
SMG trades at a P/E of 17.4x on trailing twelve-month earnings, compared to its 5-year median of 22.6x.
Is SMG a buy based on valuation?
WallStSmart does not issue buy or sell recommendations. Our Smart Value Score of 43/100 reflects the combined read on growth, quality, and price. The profile skews cautious. Consider waiting for a better price or clearer operational improvement.
How does SMG's valuation compare to its history?
On P/E, SMG currently sits in the 14th percentile of its own 5Y range. That is historically cheap relative to where it has traded over the period.
What is SMG's Smart Value Score?
SMG's Smart Value Score is 43/100. The Smart Value Score is a proprietary WallStSmart metric blending growth quality, financial health, and valuation attractiveness into a single 0-100 read. Scores above 75 are rare and indicate strong multi-factor alignment.