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CHD

Is Church & Dwight (CHD) a Good Investment Opportunity?

It's been a great evening session for Church & Dwight investors, who saw their shares rise 3.1% to a price of $93.51 per share. At these higher prices, is the company still fairly valued? If you are thinking about investing, make sure to check the company's fundamentals before making a decision.

Church & Dwight's Valuation Is in Line With Its Sector Averages:

Church & Dwight Co., Inc. develops, manufactures, and markets household, personal care, and specialty products. The company belongs to the Consumer Discretionary sector, which has an average price to earnings (P/E) ratio of 20.93 and an average price to book (P/B) ratio of 2.93. In contrast, Church & Dwight has a trailing 12 month P/E ratio of 30.8 and a P/B ratio of 5.29.

Church & Dwight's PEG ratio is 2.92, which shows that the stock is probably overvalued in terms of its estimated growth. For reference, a PEG ratio near or below 1 is a potential signal that a company is undervalued.

Growing Revenues but Slimmer Gross Margins than the Industry Average of 59.94%:

2020 2021 2022 2023 2024 2025
Revenue (M) $4,896 $5,190 $5,376 $5,868 $6,107 $6,203
Gross Margins 45% 44% 42% 44% 46% 45%
Net Margins 16% 16% 8% 13% 10% 12%
Net Income (M) $786 $828 $414 $756 $585 $737
Net Interest Expense (M) $61 $54 $90 $111 $95 $95
Depreciation & Amort. (M) $66 $68 $67 $73 $83 $90
Diluted Shares (M) 252 250 246 248 247 244
Earnings Per Share $3.12 $3.32 $1.68 $3.05 $2.37 $3.02
EPS Growth n/a 6.41% -49.4% 81.55% -22.3% 27.43%
Avg. Price $78.12 $84.38 $95.49 $94.56 $104.47 $90.72
P/E Ratio 24.41 24.96 55.84 30.5 43.53 30.24
Free Cash Flow (M) $891 $875 $706 $807 $976 $907
CAPEX (M) $99 $119 $179 $224 $180 $122
EV / EBITDA 19.0 20.43 38.36 22.42 30.0 20.65
Total Debt (M) $1,812 $3,010 $2,600 $2,602 $2,205 $2,205
Net Debt / EBITDA 1.49 2.41 3.5 2.0 1.39 1.54
Current Ratio 0.8 0.59 1.18 1.08 1.7 1.07

Church & Dwight has growing revenues and a flat capital expenditure trend, generally positive cash flows, and healthy leverage levels. However, the firm has slimmer gross margins than its peers. Finally, we note that Church & Dwight has flat EPS growth and just enough current assets to cover current liabilities, as shown by its current ratio of 1.07.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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