CHURCH & DWIGHT CO INC (CHD) Stock Fundamental Analysis
USA - NYSE:CHD - US1713401024 - Common Stock
90.35 USD
-1.72 (-1.87%)
90.2143 USD
-0.14 (-0.15%)
CHD gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 12 industry peers in the Household Products industry. Both the profitability and the financial health of CHD get a neutral evaluation. Nothing too spectacular is happening here. CHD has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
CHD had positive earnings in the past year.
In the past year CHD had a positive cash flow from operations.
In the past 5 years CHD has always been profitable.
CHD had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 5.98%, CHD is in line with its industry, outperforming 41.67% of the companies in the same industry.
CHD has a worse Return On Equity (11.95%) than 66.67% of its industry peers.
The Return On Invested Capital of CHD (11.07%) is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for CHD is below the industry average of 15.56%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.98% | ||
| ROE | 11.95% | ||
| ROIC | 11.07% |
ROA(3y)6.79%
ROA(5y)8.26%
ROE(3y)14.96%
ROE(5y)19.3%
ROIC(3y)11.43%
ROIC(5y)12.36%
1.3 Margins
With a Profit Margin value of 8.66%, CHD perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
In the last couple of years the Profit Margin of CHD has declined.
With a decent Operating Margin value of 17.79%, CHD is doing good in the industry, outperforming 75.00% of the companies in the same industry.
CHD's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 44.47%, CHD is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
In the last couple of years the Gross Margin of CHD has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.79% | ||
| PM (TTM) | 8.66% | ||
| GM | 44.47% |
OM growth 3Y-5.93%
OM growth 5Y-0.41%
PM growth 3Y-15.6%
PM growth 5Y-7.48%
GM growth 3Y1.56%
GM growth 5Y0.07%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), CHD is creating some value.
The number of shares outstanding for CHD has been increased compared to 1 year ago.
The number of shares outstanding for CHD remains at a similar level compared to 5 years ago.
Compared to 1 year ago, CHD has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 5.29 indicates that CHD is not in any danger for bankruptcy at the moment.
CHD's Altman-Z score of 5.29 is fine compared to the rest of the industry. CHD outperforms 75.00% of its industry peers.
The Debt to FCF ratio of CHD is 2.37, which is a good value as it means it would take CHD, 2.37 years of fcf income to pay off all of its debts.
CHD has a Debt to FCF ratio of 2.37. This is amongst the best in the industry. CHD outperforms 83.33% of its industry peers.
A Debt/Equity ratio of 0.50 indicates that CHD is somewhat dependend on debt financing.
CHD has a better Debt to Equity ratio (0.50) than 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.5 | ||
| Debt/FCF | 2.37 | ||
| Altman-Z | 5.29 |
ROIC/WACC1.34
WACC8.25%
2.3 Liquidity
A Current Ratio of 1.84 indicates that CHD should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.84, CHD is in line with its industry, outperforming 50.00% of the companies in the same industry.
CHD has a Quick Ratio of 1.33. This is a normal value and indicates that CHD is financially healthy and should not expect problems in meeting its short term obligations.
CHD's Quick ratio of 1.33 is in line compared to the rest of the industry. CHD outperforms 58.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.84 | ||
| Quick Ratio | 1.33 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 3.96% over the past year.
The Earnings Per Share has been growing slightly by 6.83% on average over the past years.
CHD shows a small growth in Revenue. In the last year, the Revenue has grown by 1.13%.
Measured over the past years, CHD shows a small growth in Revenue. The Revenue has been growing by 6.98% on average per year.
EPS 1Y (TTM)3.96%
EPS 3Y4.42%
EPS 5Y6.83%
EPS Q2Q%1.08%
Revenue 1Y (TTM)1.13%
Revenue growth 3Y5.57%
Revenue growth 5Y6.98%
Sales Q2Q%-0.32%
3.2 Future
The Earnings Per Share is expected to grow by 6.39% on average over the next years.
Based on estimates for the next years, CHD will show a small growth in Revenue. The Revenue will grow by 3.61% on average per year.
EPS Next Y1.97%
EPS Next 2Y4.74%
EPS Next 3Y5.36%
EPS Next 5Y6.39%
Revenue Next Year0.98%
Revenue Next 2Y2.52%
Revenue Next 3Y3%
Revenue Next 5Y3.61%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
CHD is valuated quite expensively with a Price/Earnings ratio of 26.50.
Based on the Price/Earnings ratio, CHD is valued more expensive than 83.33% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.38, CHD is valued at the same level.
With a Price/Forward Earnings ratio of 23.87, CHD is valued on the expensive side.
Based on the Price/Forward Earnings ratio, CHD is valued a bit more expensive than the industry average as 75.00% of the companies are valued more cheaply.
When comparing the Price/Forward Earnings ratio of CHD to the average of the S&P500 Index (22.86), we can say CHD is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.5 | ||
| Fwd PE | 23.87 |
4.2 Price Multiples
CHD's Enterprise Value to EBITDA ratio is rather expensive when compared to the industry. CHD is more expensive than 83.33% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CHD indicates a slightly more expensive valuation: CHD is more expensive than 75.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.65 | ||
| EV/EBITDA | 17.66 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates CHD does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)13.44
PEG (5Y)3.88
EPS Next 2Y4.74%
EPS Next 3Y5.36%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.28%, CHD has a reasonable but not impressive dividend return.
CHD's Dividend Yield is slightly below the industry average, which is at 2.88.
Compared to an average S&P500 Dividend Yield of 2.38, CHD's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.28% |
5.2 History
The dividend of CHD has a limited annual growth rate of 4.47%.
CHD has paid a dividend for at least 10 years, which is a reliable track record.
CHD has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)4.47%
Div Incr Years21
Div Non Decr Years21
5.3 Sustainability
54.04% of the earnings are spent on dividend by CHD. This is a bit on the high side, but may be sustainable.
The dividend of CHD is growing, but earnings are growing more, so the dividend growth is sustainable.
DP54.04%
EPS Next 2Y4.74%
EPS Next 3Y5.36%
90.35
-1.72 (-1.87%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupHousehold & Personal Products
GICS IndustryHousehold Products
Earnings (Last)
Earnings (Next)
Inst Owners92.11%
Inst Owner Change1.44%
Ins Owners0.12%
Ins Owner Change14.32%
Market Cap22.01B
Analysts67.14
Price Target103.13 (14.14%)
Short Float %3.73%
Short Ratio4.34
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.28% |
Yearly Dividend1.13
Dividend Growth(5Y)4.47%
DP54.04%
Div Incr Years21
Div Non Decr Years21
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)4.49%
Min EPS beat(2)0.38%
Max EPS beat(2)8.61%
EPS beat(4)3
Avg EPS beat(4)5.79%
Min EPS beat(4)-0.49%
Max EPS beat(4)14.65%
EPS beat(8)6
Avg EPS beat(8)5.95%
EPS beat(12)9
Avg EPS beat(12)-11.09%
EPS beat(16)13
Avg EPS beat(16)-6.5%
Revenue beat(2)1
Avg Revenue beat(2)-1.82%
Min Revenue beat(2)-3.99%
Max Revenue beat(2)0.35%
Revenue beat(4)3
Avg Revenue beat(4)-0.87%
Min Revenue beat(4)-3.99%
Max Revenue beat(4)0.35%
Revenue beat(8)5
Avg Revenue beat(8)-0.53%
Revenue beat(12)8
Avg Revenue beat(12)0.18%
Revenue beat(16)10
Avg Revenue beat(16)0.13%
PT rev (1m)-0.26%
PT rev (3m)-1.03%
EPS NQ rev (1m)-1.3%
EPS NQ rev (3m)-14.13%
EPS NY rev (1m)0%
EPS NY rev (3m)0.01%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.06%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.84%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.5 | ||
| Fwd PE | 23.87 | ||
| P/S | 3.63 | ||
| P/FCF | 23.65 | ||
| P/OCF | 20.52 | ||
| P/B | 5.01 | ||
| P/tB | N/A | ||
| EV/EBITDA | 17.66 |
EPS(TTM)3.41
EY3.77%
EPS(NY)3.78
Fwd EY4.19%
FCF(TTM)3.82
FCFY4.23%
OCF(TTM)4.4
OCFY4.87%
SpS24.9
BVpS18.04
TBVpS-3.51
PEG (NY)13.44
PEG (5Y)3.88
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.98% | ||
| ROE | 11.95% | ||
| ROCE | 14.24% | ||
| ROIC | 11.07% | ||
| ROICexc | 12.61% | ||
| ROICexgc | 59.64% | ||
| OM | 17.79% | ||
| PM (TTM) | 8.66% | ||
| GM | 44.47% | ||
| FCFM | 15.34% |
ROA(3y)6.79%
ROA(5y)8.26%
ROE(3y)14.96%
ROE(5y)19.3%
ROIC(3y)11.43%
ROIC(5y)12.36%
ROICexc(3y)12.35%
ROICexc(5y)13.1%
ROICexgc(3y)72.7%
ROICexgc(5y)174.51%
ROCE(3y)14.76%
ROCE(5y)16.27%
ROICexcg growth 3Y-49.88%
ROICexcg growth 5Y-2.25%
ROICexc growth 3Y-4.16%
ROICexc growth 5Y3.32%
OM growth 3Y-5.93%
OM growth 5Y-0.41%
PM growth 3Y-15.6%
PM growth 5Y-7.48%
GM growth 3Y1.56%
GM growth 5Y0.07%
F-Score7
Asset Turnover0.69
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.5 | ||
| Debt/FCF | 2.37 | ||
| Debt/EBITDA | 1.67 | ||
| Cap/Depr | 59.4% | ||
| Cap/Sales | 2.34% | ||
| Interest Coverage | 11.63 | ||
| Cash Conversion | 81.35% | ||
| Profit Quality | 177.19% | ||
| Current Ratio | 1.84 | ||
| Quick Ratio | 1.33 | ||
| Altman-Z | 5.29 |
F-Score7
WACC8.25%
ROIC/WACC1.34
Cap/Depr(3y)85.36%
Cap/Depr(5y)72.49%
Cap/Sales(3y)3.36%
Cap/Sales(5y)2.88%
Profit Quality(3y)148.1%
Profit Quality(5y)132.69%
High Growth Momentum
Growth
EPS 1Y (TTM)3.96%
EPS 3Y4.42%
EPS 5Y6.83%
EPS Q2Q%1.08%
EPS Next Y1.97%
EPS Next 2Y4.74%
EPS Next 3Y5.36%
EPS Next 5Y6.39%
Revenue 1Y (TTM)1.13%
Revenue growth 3Y5.57%
Revenue growth 5Y6.98%
Sales Q2Q%-0.32%
Revenue Next Year0.98%
Revenue Next 2Y2.52%
Revenue Next 3Y3%
Revenue Next 5Y3.61%
EBIT growth 1Y-3.1%
EBIT growth 3Y-0.68%
EBIT growth 5Y6.55%
EBIT Next Year22.73%
EBIT Next 3Y10.78%
EBIT Next 5Y8.38%
FCF growth 1Y5.65%
FCF growth 3Y3.72%
FCF growth 5Y4.31%
OCF growth 1Y-1.03%
OCF growth 3Y5.17%
OCF growth 5Y5.99%