CHURCH & DWIGHT CO INC (CHD)
US1713401024 - Common Stock
CHD gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 12 industry peers in the Household Products industry. CHD has only an average score on both its financial health and profitability. CHD is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year CHD was profitable.
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 (5.02%) which is in line with its industry peers.
CHD has a Return On Equity (10.79%) which is in line with its industry peers.
With a Return On Invested Capital value of 11.17%, CHD perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for CHD is in line with the industry average of 12.90%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.02% | ||
| ROE | 10.79% | ||
| ROIC | 11.17% |
ROA(3y)8.64%
ROA(5y)8.91%
ROE(3y)21.16%
ROE(5y)21.95%
ROIC(3y)13.09%
ROIC(5y)12.83%
1.3 Margins
CHD has a Profit Margin (7.57%) which is in line with its industry peers.
In the last couple of years the Profit Margin of CHD has declined.
CHD has a Operating Margin of 18.25%. This is amongst the best in the industry. CHD outperforms 83.33% of its industry peers.
CHD's Operating Margin has been stable in the last couple of years.
CHD's Gross Margin of 43.45% is fine compared to the rest of the industry. CHD outperforms 75.00% of its industry peers.
In the last couple of years the Gross Margin of CHD has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.25% | ||
| PM (TTM) | 7.57% | ||
| GM | 43.45% |
OM growth 3Y-1.19%
OM growth 5Y-0.67%
PM growth 3Y-18.33%
PM growth 5Y-17.12%
GM growth 3Y-2.76%
GM growth 5Y-1.79%
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 less shares outstanding
CHD has about the same debt/assets ratio as last year.
2.2 Solvency
An Altman-Z score of 5.10 indicates that CHD is not in any danger for bankruptcy at the moment.
CHD has a Altman-Z score of 5.10. This is in the better half of the industry: CHD outperforms 66.67% of its industry peers.
The Debt to FCF ratio of CHD is 2.55, which is a good value as it means it would take CHD, 2.55 years of fcf income to pay off all of its debts.
CHD has a Debt to FCF ratio of 2.55. This is in the better half of the industry: CHD outperforms 75.00% of its industry peers.
CHD has a Debt/Equity ratio of 0.59. This is a neutral value indicating CHD is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.59, CHD is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.59 | ||
| Debt/FCF | 2.55 | ||
| Altman-Z | 5.1 |
ROIC/WACC1.35
WACC8.29%
2.3 Liquidity
CHD has a Current Ratio of 1.47. This is a normal value and indicates that CHD is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.47, CHD perfoms like the industry average, outperforming 41.67% of the companies in the same industry.
A Quick Ratio of 0.90 indicates that CHD may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.90, CHD is in line with its industry, outperforming 41.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.47 | ||
| Quick Ratio | 0.9 |
3. Growth
3.1 Past
The earnings per share for CHD have decreased strongly by -40.47% in the last year.
CHD shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -2.84% yearly.
CHD shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.81%.
CHD shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.32% yearly.
EPS 1Y (TTM)-40.47%
EPS 3Y-12.17%
EPS 5Y-2.84%
EPS growth Q2Q-2.63%
Revenue 1Y (TTM)8.81%
Revenue growth 3Y7.25%
Revenue growth 5Y7.32%
Revenue growth Q2Q10.52%
3.2 Future
Based on estimates for the next years, CHD will show a very strong growth in Earnings Per Share. The EPS will grow by 20.88% on average per year.
The Revenue is expected to grow by 4.29% on average over the next years.
EPS Next Y90.15%
EPS Next 2Y43.64%
EPS Next 3Y30.44%
EPS Next 5Y20.88%
Revenue Next Year9.28%
Revenue Next 2Y6.42%
Revenue Next 3Y5.48%
Revenue Next 5Y4.29%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 54.29, the valuation of CHD can be described as expensive.
83.33% of the companies in the same industry are cheaper than CHD, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of CHD to the average of the S&P500 Index (24.69), we can say CHD is valued expensively.
Based on the Price/Forward Earnings ratio of 27.88, the valuation of CHD can be described as expensive.
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 (19.79), we can say CHD is valued slightly more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 54.29 | ||
| Fwd PE | 27.88 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CHD is valued a bit more expensive than the industry average as 75.00% of the companies are valued more cheaply.
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 | 25.19 | ||
| EV/EBITDA | 19.64 |
4.3 Compensation for Growth
CHD's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
CHD's earnings are expected to grow with 30.44% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.6
PEG (5Y)N/A
EPS Next 2Y43.64%
EPS Next 3Y30.44%
5. Dividend
5.1 Amount
CHD has a Yearly Dividend Yield of 1.16%. Purely for dividend investing, there may be better candidates out there.
CHD's Dividend Yield is slightly below the industry average, which is at 2.68.
With a Dividend Yield of 1.16, CHD pays less dividend than the S&P500 average, which is at 2.63.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.16% |
5.2 History
On average, the dividend of CHD grows each year by 6.67%, which is quite nice.
CHD has paid a dividend for at least 10 years, which is a reliable track record.
CHD has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)6.67%
Div Incr Years10
Div Non Decr Years10
5.3 Sustainability
CHD pays out 60.32% of its income as dividend. This is not a sustainable payout ratio.
CHD's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP60.32%
EPS Next 2Y43.64%
EPS Next 3Y30.44%
CHURCH & DWIGHT CO INC
NYSE:CHD (11/30/2023, 5:40:00 PM)
After market: 96.6334 0 (0%)96.63
+1.97 (+2.08%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupHousehold & Personal Products
GICS IndustryHousehold Products
Earnings (Last)11-03 2023-11-03/bmo
Earnings (Next)02-01 2024-02-01/amc
Inst Owners85.4%
Inst Owner Change-15.06%
Ins Owners0.09%
Ins Owner Change2.46%
Market Cap23.78B
Analysts67.2
Price Target99.72 (3.2%)
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.16% |
Dividend Growth(5Y)6.67%
DP60.32%
Div Incr Years10
Div Non Decr Years10
Ex-Date11-14 2023-11-14 (0.2725)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)8.79%
Min EPS beat(2)6.37%
Max EPS beat(2)11.21%
EPS beat(4)3
Avg EPS beat(4)-47.41%
Min EPS beat(4)-210.5%
Max EPS beat(4)11.21%
Revenue beat(2)2
Avg Revenue beat(2)0.91%
Min Revenue beat(2)0.55%
Max Revenue beat(2)1.27%
Revenue beat(4)4
Avg Revenue beat(4)1.74%
Min Revenue beat(4)0.55%
Max Revenue beat(4)3.46%
PT rev (1m)-2.9%
PT rev (3m)-1.07%
EPS NQ rev (1m)-9.77%
EPS NQ rev (3m)-9.71%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.11%
Revenue NQ rev (1m)-0.46%
Revenue NQ rev (3m)-0.46%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 54.29 | ||
| Fwd PE | 27.88 | ||
| P/S | 4.12 | ||
| P/FCF | 25.19 | ||
| P/OCF | 20.74 | ||
| P/B | 5.87 | ||
| P/tB | N/A | ||
| EV/EBITDA | 19.64 |
EPS(TTM)1.78
EY1.84%
EPS(NY)3.47
Fwd EY3.59%
FCF(TTM)3.84
FCFY3.97%
OCF(TTM)4.66
OCFY4.82%
SpS23.47
BVpS16.46
TBVpS-6.99
PEG (NY)0.6
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.02% | ||
| ROE | 10.79% | ||
| ROCE | 14.03% | ||
| ROIC | 11.17% | ||
| ROICexc | 12.09% | ||
| ROICexgc | 71.47% | ||
| OM | 18.25% | ||
| PM (TTM) | 7.57% | ||
| GM | 43.45% | ||
| FCFM | 16.34% |
ROA(3y)8.64%
ROA(5y)8.91%
ROE(3y)21.16%
ROE(5y)21.95%
ROIC(3y)13.09%
ROIC(5y)12.83%
ROICexc(3y)13.56%
ROICexc(5y)13.37%
ROICexgc(3y)247.67%
ROICexgc(5y)243.11%
ROCE(3y)17.06%
ROCE(5y)16.62%
ROICexcg growth 3Y-3.63%
ROICexcg growth 5Y-0.29%
ROICexc growth 3Y-1.1%
ROICexc growth 5Y0.05%
OM growth 3Y-1.19%
OM growth 5Y-0.67%
PM growth 3Y-18.33%
PM growth 5Y-17.12%
GM growth 3Y-2.76%
GM growth 5Y-1.79%
F-Score6
Asset Turnover0.66
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.59 | ||
| Debt/FCF | 2.55 | ||
| Debt/EBITDA | 1.88 | ||
| Cap/Depr | 89.75% | ||
| Cap/Sales | 3.5% | ||
| Interest Coverage | 9.67 | ||
| Cash Conversion | 89.6% | ||
| Profit Quality | 215.92% | ||
| Current Ratio | 1.47 | ||
| Quick Ratio | 0.9 | ||
| Altman-Z | 5.1 |
F-Score6
WACC8.29%
ROIC/WACC1.35
Cap/Depr(3y)62.67%
Cap/Depr(5y)54.52%
Cap/Sales(3y)2.55%
Cap/Sales(5y)2.16%
Profit Quality(3y)129.95%
Profit Quality(5y)128.38%
Growth
EPS 1Y (TTM)-40.47%
EPS 3Y-12.17%
EPS 5Y-2.84%
EPS growth Q2Q-2.63%
EPS Next Y90.15%
EPS Next 2Y43.64%
EPS Next 3Y30.44%
EPS Next 5Y20.88%
Revenue 1Y (TTM)8.81%
Revenue growth 3Y7.25%
Revenue growth 5Y7.32%
Revenue growth Q2Q10.52%
Revenue Next Year9.28%
Revenue Next 2Y6.42%
Revenue Next 3Y5.48%
Revenue Next 5Y4.29%
EBIT growth 1Y7.11%
EBIT growth 3Y5.97%
EBIT growth 5Y6.6%
EBIT Next Year29.79%
EBIT Next 3Y13.22%
EBIT Next 5Y9.49%
FCF growth 1Y28.03%
FCF growth 3Y-3.69%
FCF growth 5Y2.11%
OCF growth 1Y35.53%
OCF growth 3Y0.79%
OCF growth 5Y5.37%