CHURCH & DWIGHT CO INC (CHD) Stock Fundamental Analysis
NYSE:CHD - New York Stock Exchange, Inc. - US1713401024 - Common Stock - Currency: USD
Overall CHD gets a fundamental rating of 5 out of 10. We evaluated CHD against 12 industry peers in the Household Products industry. CHD has an average financial health and profitability rating. While showing a medium growth rate, CHD is valued expensive at the moment.
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.
Each year in the past 5 years CHD has 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 of 6.59%. This is comparable to the rest of the industry: CHD outperforms 41.67% of its industry peers.
With a Return On Equity value of 13.42%, CHD perfoms like the industry average, outperforming 41.67% of the companies in the same industry.
CHD has a Return On Invested Capital (11.96%) which is in line with its industry peers.
CHD had an Average Return On Invested Capital over the past 3 years of 11.43%. This is below the industry average of 15.44%.
The 3 year average ROIC (11.43%) for CHD is below the current ROIC(11.96%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.59% | ||
| ROE | 13.42% | ||
| ROIC | 11.96% |
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
Looking at the Profit Margin, with a value of 9.58%, CHD is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
CHD's Profit Margin has declined in the last couple of years.
CHD has a better Operating Margin (19.06%) than 83.33% of its industry peers.
In the last couple of years the Operating Margin of CHD has remained more or less at the same level.
The Gross Margin of CHD (45.69%) is better than 75.00% of its industry peers.
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 | 19.06% | ||
| PM (TTM) | 9.58% | ||
| GM | 45.69% |
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.
The debt/assets ratio for CHD has been reduced compared to a year ago.
2.2 Solvency
CHD has an Altman-Z score of 5.68. This indicates that CHD is financially healthy and has little risk of bankruptcy at the moment.
CHD has a Altman-Z score of 5.68. 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 2.26, which is a good value as it means it would take CHD, 2.26 years of fcf income to pay off all of its debts.
CHD has a better Debt to FCF ratio (2.26) than 66.67% of its industry peers.
A Debt/Equity ratio of 0.51 indicates that CHD is somewhat dependend on debt financing.
The Debt to Equity ratio of CHD (0.51) is better than 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.51 | ||
| Debt/FCF | 2.26 | ||
| Altman-Z | 5.68 |
ROIC/WACC1.41
WACC8.51%
2.3 Liquidity
A Current Ratio of 1.70 indicates that CHD should not have too much problems paying its short term obligations.
CHD's Current ratio of 1.70 is in line compared to the rest of the industry. CHD outperforms 41.67% of its industry peers.
CHD has a Quick Ratio of 1.24. This is a normal value and indicates that CHD is financially healthy and should not expect problems in meeting its short term obligations.
CHD has a Quick ratio (1.24) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.7 | ||
| Quick Ratio | 1.24 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 11.29% over the past year.
CHD shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 6.83% yearly.
Looking at the last year, CHD shows a small growth in Revenue. The Revenue has grown by 4.08% in the last year.
The Revenue has been growing slightly by 6.98% on average over the past years.
EPS 1Y (TTM)11.29%
EPS 3Y4.42%
EPS 5Y6.83%
EPS Q2Q%18.46%
Revenue 1Y (TTM)4.08%
Revenue growth 3Y5.57%
Revenue growth 5Y6.98%
Sales Q2Q%3.53%
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 6.88% on average per year.
Based on estimates for the next years, CHD will show a small growth in Revenue. The Revenue will grow by 3.39% on average per year.
EPS Next Y8.13%
EPS Next 2Y7.62%
EPS Next 3Y7.51%
EPS Next 5Y6.88%
Revenue Next Year3.15%
Revenue Next 2Y3.45%
Revenue Next 3Y3.58%
Revenue Next 5Y3.39%
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
Based on the Price/Earnings ratio of 30.54, the valuation of CHD can be described as expensive.
Based on the Price/Earnings ratio, CHD is valued expensively inside the industry as 83.33% of the companies are valued cheaper.
The average S&P500 Price/Earnings ratio is at 28.29. CHD is around the same levels.
With a Price/Forward Earnings ratio of 28.25, CHD can be considered very expensive at the moment.
Based on the Price/Forward Earnings ratio, CHD is valued a bit more expensive than 75.00% of the companies in the same industry.
CHD is valuated rather expensively when we compare the Price/Forward Earnings ratio to 21.32, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.54 | ||
| Fwd PE | 28.25 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CHD is valued more expensive than 83.33% of the companies in the same industry.
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 | 26.56 | ||
| EV/EBITDA | 19.36 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of CHD may justify a higher PE ratio.
PEG (NY)3.76
PEG (5Y)4.47
EPS Next 2Y7.62%
EPS Next 3Y7.51%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.12%, CHD has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.74, CHD is paying slightly less dividend.
With a Dividend Yield of 1.12, CHD pays less dividend than the S&P500 average, which is at 2.51.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.12% |
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 their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)4.47%
Div Incr Years21
Div Non Decr Years21
5.3 Sustainability
47.33% 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.
DP47.33%
EPS Next 2Y7.62%
EPS Next 3Y7.51%
105.37
+2.41 (+2.34%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupHousehold & Personal Products
GICS IndustryHousehold Products
Earnings (Last)
Earnings (Next)
Inst Owners88.74%
Inst Owner Change0.68%
Ins Owners0.18%
Ins Owner Change10.5%
Market Cap25.93B
Analysts66.67
Price Target110.6 (4.96%)
Short Float %2.06%
Short Ratio3.15
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.12% |
Yearly Dividend1.13
Dividend Growth(5Y)4.47%
DP47.33%
Div Incr Years21
Div Non Decr Years21
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)7.08%
Min EPS beat(2)-0.49%
Max EPS beat(2)14.65%
EPS beat(4)3
Avg EPS beat(4)8.16%
Min EPS beat(4)-0.49%
Max EPS beat(4)14.65%
EPS beat(8)6
Avg EPS beat(8)6.64%
EPS beat(12)9
Avg EPS beat(12)-10.85%
EPS beat(16)13
Avg EPS beat(16)-6.49%
Revenue beat(2)2
Avg Revenue beat(2)0.08%
Min Revenue beat(2)0.04%
Max Revenue beat(2)0.13%
Revenue beat(4)2
Avg Revenue beat(4)-0.3%
Min Revenue beat(4)-0.97%
Max Revenue beat(4)0.13%
Revenue beat(8)6
Avg Revenue beat(8)0.52%
Revenue beat(12)7
Avg Revenue beat(12)0.31%
Revenue beat(16)10
Avg Revenue beat(16)0.48%
PT rev (1m)0.13%
PT rev (3m)0.74%
EPS NQ rev (1m)-0.39%
EPS NQ rev (3m)-7.97%
EPS NY rev (1m)-0.39%
EPS NY rev (3m)-0.98%
Revenue NQ rev (1m)-0.33%
Revenue NQ rev (3m)-2.74%
Revenue NY rev (1m)-0.09%
Revenue NY rev (3m)-0.72%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.54 | ||
| Fwd PE | 28.25 | ||
| P/S | 4.25 | ||
| P/FCF | 26.56 | ||
| P/OCF | 22.43 | ||
| P/B | 5.95 | ||
| P/tB | N/A | ||
| EV/EBITDA | 19.36 |
EPS(TTM)3.45
EY3.27%
EPS(NY)3.73
Fwd EY3.54%
FCF(TTM)3.97
FCFY3.77%
OCF(TTM)4.7
OCFY4.46%
SpS24.81
BVpS17.72
TBVpS-3.9
PEG (NY)3.76
PEG (5Y)4.47
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.59% | ||
| ROE | 13.42% | ||
| ROCE | 15.38% | ||
| ROIC | 11.96% | ||
| ROICexc | 13.71% | ||
| ROICexgc | 70.64% | ||
| OM | 19.06% | ||
| PM (TTM) | 9.58% | ||
| GM | 45.69% | ||
| FCFM | 15.99% |
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 | 0.51 | ||
| Debt/FCF | 2.26 | ||
| Debt/EBITDA | 1.57 | ||
| Cap/Depr | 75.2% | ||
| Cap/Sales | 2.94% | ||
| Interest Coverage | 12.33 | ||
| Cash Conversion | 82.39% | ||
| Profit Quality | 166.82% | ||
| Current Ratio | 1.7 | ||
| Quick Ratio | 1.24 | ||
| Altman-Z | 5.68 |
F-Score7
WACC8.51%
ROIC/WACC1.41
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)11.29%
EPS 3Y4.42%
EPS 5Y6.83%
EPS Q2Q%18.46%
EPS Next Y8.13%
EPS Next 2Y7.62%
EPS Next 3Y7.51%
EPS Next 5Y6.88%
Revenue 1Y (TTM)4.08%
Revenue growth 3Y5.57%
Revenue growth 5Y6.98%
Sales Q2Q%3.53%
Revenue Next Year3.15%
Revenue Next 2Y3.45%
Revenue Next 3Y3.58%
Revenue Next 5Y3.39%
EBIT growth 1Y10.1%
EBIT growth 3Y-0.68%
EBIT growth 5Y6.55%
EBIT Next Year28.26%
EBIT Next 3Y12.26%
EBIT Next 5Y8.7%
FCF growth 1Y20.98%
FCF growth 3Y3.72%
FCF growth 5Y4.31%
OCF growth 1Y12.19%
OCF growth 3Y5.17%
OCF growth 5Y5.99%