CHURCH & DWIGHT CO INC (CHD) Stock Fundamental Analysis
NYSE:CHD - US1713401024 - Common Stock
93.16 USD
+1.07 (+1.16%)
93.16 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to CHD. CHD was compared to 12 industry peers in the Household Products industry. CHD has an average financial health and profitability rating. 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.
In the past 5 years CHD always reported a positive cash flow from operatings.
1.2 Ratios
CHD has a Return On Assets (5.98%) which is comparable to the rest of the industry.
CHD has a Return On Equity of 11.95%. This is in the lower half of the industry: CHD underperforms 66.67% of its industry peers.
CHD has a Return On Invested Capital of 11.07%. This is comparable to the rest of the industry: CHD outperforms 50.00% of its industry peers.
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
CHD has a Profit Margin (8.66%) which is in line with its industry peers.
CHD's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 17.79%, CHD is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
In the last couple of years the Operating Margin of CHD has remained more or less at the same level.
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.
CHD's Gross Margin has been stable in the last couple of years.
| 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
CHD has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
CHD has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, CHD has about the same amount of shares outstanding.
Compared to 1 year ago, CHD has an improved debt to assets ratio.
2.2 Solvency
CHD has an Altman-Z score of 5.38. This indicates that CHD is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of CHD (5.38) is better than 75.00% of its industry peers.
CHD has a debt to FCF ratio of 2.37. This is a good value and a sign of high solvency as CHD would need 2.37 years to pay back of all of its debts.
The Debt to FCF ratio of CHD (2.37) is better than 83.33% of its industry peers.
A Debt/Equity ratio of 0.50 indicates that CHD is somewhat dependend on debt financing.
CHD's Debt to Equity ratio of 0.50 is fine compared to the rest of the industry. CHD outperforms 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.5 | ||
| Debt/FCF | 2.37 | ||
| Altman-Z | 5.38 |
ROIC/WACC1.33
WACC8.35%
2.3 Liquidity
A Current Ratio of 1.84 indicates that CHD should not have too much problems paying its short term obligations.
CHD has a Current ratio (1.84) which is comparable to the rest of the industry.
A Quick Ratio of 1.33 indicates that CHD should not have too much problems paying its short term obligations.
CHD has a Quick ratio (1.33) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.84 | ||
| Quick Ratio | 1.33 |
3. Growth
3.1 Past
CHD shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 3.96%.
The Earnings Per Share has been growing slightly by 6.83% on average over the past years.
Looking at the last year, CHD shows a small growth in Revenue. The Revenue has grown by 1.13% in the last year.
CHD shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.98% yearly.
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
Based on estimates for the next years, CHD will show a small growth in Earnings Per Share. The EPS will grow by 6.39% on average per year.
CHD is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.61% yearly.
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
With a Price/Earnings ratio of 27.32, CHD can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Earnings ratio of CHD indicates a rather expensive valuation: CHD more expensive than 83.33% of the companies listed in the same industry.
CHD is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.08, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 24.62 indicates a rather expensive valuation of CHD.
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.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.72, CHD is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.32 | ||
| Fwd PE | 24.62 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CHD is valued expensively inside the industry as 83.33% of the companies are valued cheaper.
CHD's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. CHD is more expensive than 75.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.39 | ||
| EV/EBITDA | 18.18 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)13.85
PEG (5Y)4
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 2.91.
With a Dividend Yield of 1.28, CHD pays less dividend than the S&P500 average, which is at 2.35.
| 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.
CHD's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP54.04%
EPS Next 2Y4.74%
EPS Next 3Y5.36%
93.16
+1.07 (+1.16%)
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 Change16.02%
Market Cap22.69B
Analysts67.14
Price Target103.13 (10.7%)
Short Float %2.95%
Short Ratio3.22
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)-0.57%
PT rev (3m)-1.31%
EPS NQ rev (1m)-14.45%
EPS NQ rev (3m)-19.59%
EPS NY rev (1m)0.01%
EPS NY rev (3m)-0.05%
Revenue NQ rev (1m)-0.45%
Revenue NQ rev (3m)-1.9%
Revenue NY rev (1m)0.47%
Revenue NY rev (3m)0.99%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.32 | ||
| Fwd PE | 24.62 | ||
| P/S | 3.74 | ||
| P/FCF | 24.39 | ||
| P/OCF | 21.15 | ||
| P/B | 5.17 | ||
| P/tB | N/A | ||
| EV/EBITDA | 18.18 |
EPS(TTM)3.41
EY3.66%
EPS(NY)3.78
Fwd EY4.06%
FCF(TTM)3.82
FCFY4.1%
OCF(TTM)4.4
OCFY4.73%
SpS24.9
BVpS18.04
TBVpS-3.51
PEG (NY)13.85
PEG (5Y)4
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 | 5.38 |
F-Score7
WACC8.35%
ROIC/WACC1.33
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%