Central Garden & Pet Co. (CENTA) intrinsic value & 10-year financials

Central Garden & Pet Co. (CENTA) has a Graham intrinsic value of $74.54 per share. At $36.21 on Oct 17, 2026, the stock trades 51% below that value. Over the last 10 fiscal years revenue grew 6.2% a year to $3.1B, with an average return on invested capital of 10.1%.

Graham intrinsic value
$74.54
Share price (Oct 17, 2026)
$36.21
Price vs Graham value
51% below
Market cap
$2.3B
Revenue (FY2025)
$3.1B
Revenue growth (10-yr CAGR)
6.2%
ROIC (10-yr avg)
10.1%
Free cash flow (FY2025)
$291.1M

CENTA 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $3.1B $162.8M $2.55 $291.1M 8.0% 8.9%
FY2024 $3.2B $108.0M $1.62 $351.8M 5.8% 6.4%
FY2023 $3.3B $125.6M $2.35 $327.7M 6.4% 6.8%
FY2022 $3.3B $152.2M $2.80 -$149.2M 7.8% 8.7%
FY2021 $3.3B $151.7M $2.75 $170.5M 7.7% 12.0%
FY2020 $2.7B $120.7M $2.20 $221.2M 7.3% 13.0%
FY2019 $2.4B $92.8M $1.61 $173.4M 6.4% 10.0%
FY2018 $2.2B $123.6M $2.32 $76.3M 7.6% 15.1%
FY2017 $2.1B $78.8M $1.52 $69.7M 7.6% 10.6%
FY2016 $1.8B $44.5M $0.87 $123.8M 7.1% 9.8%

Source: annual 10-K filings on SEC EDGAR. Figures in USD.

Executive summary

CENTRAL GARDEN & PET CO has demonstrated mature, steady growth, with revenue compounding at 6.1% annually over the past decade.

CENTRAL GARDEN & PET CO returns on capital have been average, hovering around 10.1% ROIC over the decade.

Over the decade, CENTRAL GARDEN & PET CO shows that the company has leveraged its balance sheet to sustain operations.

Benjamin Graham lens

Under Benjamin Graham's formula using SEC EDGAR fundamentals, CENTRAL GARDEN & PET CO is modeled at 12.7% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $74.54 per share.

CENTA stock: frequently asked questions

What is the intrinsic value of Central Garden & Pet Co. (CENTA) stock?

Using Benjamin Graham's revised formula, V = EPS × (8.5 + 2g) × 4.4 / Y, with reported diluted earnings per share, a 12.7% normalized growth rate (capped at 15%) and a 5.1% AAA corporate bond yield, CENTA's intrinsic value is about $74.54 per share.

Is CENTA stock undervalued?

At $36.21 (close on Oct 17, 2026), CENTA trades 51% below its Graham value of $74.54. On Graham's terms that leaves a margin of safety. A formula is a starting point for research, not a recommendation.

How fast has Central Garden & Pet Co. grown?

Revenue went from $1.8B in fiscal 2016 to $3.1B in fiscal 2025, a compound annual growth rate of 6.2%. Net income was $162.8M in fiscal 2025.

Does Central Garden & Pet Co. generate free cash flow?

Central Garden & Pet Co. generated $291.1M of free cash flow (operating cash flow minus capital expenditures) in fiscal 2025. Free cash flow was positive in 9 of the last 10 reported years.

What is CENTA's return on invested capital?

Average ROIC over the last 10 fiscal years was 10.1%, and average return on equity was 11.0%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this CENTA data come from?

From Central Garden & Pet Co.'s annual 10-K filings on SEC EDGAR, most recently filed Aug 6, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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