Central Garden & Pet Company (CENT) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+21.4%

$57.12

vs $47.07 price

Levered DCF

$54.06

After debt service

Piotroski score

7 / 9

Strong

Altman Z-score

2.74

Grey zone

Rating

Overall 3 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	12.88×	22.35×	18.39×	12.87×	16.24×	13.27×	14.21×	11.81×
P/B	1.32×	1.55×	1.27×	1.18×	1.61×	1.48×	1.32×	1.53×
P/S	0.67×	0.75×	0.56×	0.47×	0.6×	0.59×	0.55×	0.66×
EV / EBITDA	7.39×	10.58×	8.9×	8.2×	8.91×	6.95×	7.1×	7.78×
Gross margin	31.1%	29.5%	28.6%	29.7%	29.4%	29.0%	29.5%	30.5%
Operating margin	8.5%	5.8%	6.4%	7.8%	7.8%	7.3%	6.4%	7.6%
Net margin	5.2%	3.4%	3.8%	4.6%	4.6%	4.5%	3.9%	5.6%
Current ratio	3.67×	3.66×	3.73×	3.34×	2.96×	3.46×	4.69×	5.72×
Debt / equity	0.91×	0.91×	0.95×	1.04×	1.11×	0.76×	0.7×	0.73×
Interest coverage	4.59×	3.22×	3.69×	4.46×	4.39×	4.5×	3.55×	4.27×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	10.3%	6.9%	8.7%	11.4%	12.4%	11.2%	9.3%	13.0%
Return on invested capital	6.4%	4.6%	5.5%	7.0%	7.6%	8.1%	6.7%	9.6%
Return on assets	4.5%	3.0%	3.7%	4.6%	4.9%	5.2%	4.6%	6.5%
Free cash flow yield	13.9%	14.6%	17.7%	-9.5%	8.7%	13.8%	13.2%	5.2%
Earnings yield	7.8%	4.5%	6.8%	9.7%	7.7%	7.5%	7.1%	8.5%
Enterprise value	$2.7B	$3.1B	$2.7B	$2.8B	$2.9B	$1.8B	$1.5B	$1.7B
Net debt / EBITDA	1.55×	2.29×	2.88×	3.56×	2.86×	0.64×	0.92×	0.98×
Cash conversion cycle (days)	120	125	137	154	111	98	115	121