NYSE:CHD

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

Church & Dwight Co., Inc. develops, manufactures, and markets household, personal care, and specialty products in the United States and internationally. More Details


Snowflake Analysis

Solid track record with mediocre balance sheet.


Similar Companies

Share Price & News

How has Church & Dwight's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CHD has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-0.4%

CHD

-1.6%

US Household Products

-3.1%

US Market


1 Year Return

24.7%

CHD

11.3%

US Household Products

12.7%

US Market

Return vs Industry: CHD exceeded the US Household Products industry which returned 11.3% over the past year.

Return vs Market: CHD exceeded the US Market which returned 12.7% over the past year.


Shareholder returns

CHDIndustryMarket
7 Day-0.4%-1.6%-3.1%
30 Day-5.2%-2.1%-2.9%
90 Day19.4%13.4%8.2%
1 Year26.3%24.7%14.0%11.3%15.3%12.7%
3 Year98.9%90.7%50.9%39.0%37.8%28.5%
5 Year134.9%118.3%99.5%73.6%90.9%69.4%

Price Volatility Vs. Market

How volatile is Church & Dwight's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Church & Dwight undervalued compared to its fair value and its price relative to the market?

31.25x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: CHD ($91.59) is trading above our estimate of fair value ($82.23)

Significantly Below Fair Value: CHD is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: CHD is poor value based on its PE Ratio (31.2x) compared to the US Household Products industry average (23.2x).

PE vs Market: CHD is poor value based on its PE Ratio (31.2x) compared to the US market (17.8x).


Price to Earnings Growth Ratio

PEG Ratio: CHD is poor value based on its PEG Ratio (8.9x)


Price to Book Ratio

PB vs Industry: CHD is overvalued based on its PB Ratio (7.5x) compared to the US Household Products industry average (7x).


Next Steps

Future Growth

How is Church & Dwight forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?

3.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CHD's forecast earnings growth (3.5% per year) is above the savings rate (2.2%).

Earnings vs Market: CHD's earnings (3.5% per year) are forecast to grow slower than the US market (23.1% per year).

High Growth Earnings: CHD's earnings are forecast to grow, but not significantly.

Revenue vs Market: CHD's revenue (3% per year) is forecast to grow slower than the US market (9.9% per year).

High Growth Revenue: CHD's revenue (3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CHD's Return on Equity is forecast to be high in 3 years time (26.9%)


Next Steps

Past Performance

How has Church & Dwight performed over the past 5 years?

11.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CHD has high quality earnings.

Growing Profit Margin: CHD's current net profit margins (15.7%) are higher than last year (14.2%).


Past Earnings Growth Analysis

Earnings Trend: CHD's earnings have grown by 11.6% per year over the past 5 years.

Accelerating Growth: CHD's earnings growth over the past year (19.5%) exceeds its 5-year average (11.6% per year).

Earnings vs Industry: CHD earnings growth over the past year (19.5%) underperformed the Household Products industry 30.9%.


Return on Equity

High ROE: CHD's Return on Equity (24%) is considered high.


Next Steps

Financial Health

How is Church & Dwight's financial position?


Financial Position Analysis

Short Term Liabilities: CHD's short term assets ($1.3B) exceed its short term liabilities ($996.6M).

Long Term Liabilities: CHD's short term assets ($1.3B) do not cover its long term liabilities ($2.9B).


Debt to Equity History and Analysis

Debt Level: CHD's debt to equity ratio (62.6%) is considered high.

Reducing Debt: CHD's debt to equity ratio has increased from 54.3% to 62.6% over the past 5 years.

Debt Coverage: CHD's debt is well covered by operating cash flow (59.2%).

Interest Coverage: CHD's interest payments on its debt are well covered by EBIT (13.9x coverage).


Balance Sheet


Next Steps

Dividend

What is Church & Dwight current dividend yield, its reliability and sustainability?

1.05%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CHD's dividend (1.05%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.71%).

High Dividend: CHD's dividend (1.05%) is low compared to the top 25% of dividend payers in the US market (4.88%).


Stability and Growth of Payments

Stable Dividend: CHD's dividend payments have been volatile in the past 10 years.

Growing Dividend: CHD's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (32.1%), CHD's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: CHD's dividends in 3 years are forecast to be well covered by earnings (33.1% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.7yrs

Average management tenure


CEO

Matt Farrell (64 yo)

4.67yrs

Tenure

US$8,985,122

Compensation

Mr. Matthew Thomas Farrell, also known as Matt, is the Chief Executive Officer and President of Church & Dwight Co., Inc. He has held that position since 2015. He serves as Chairman of the Board at Church ...


CEO Compensation Analysis

Compensation vs Market: Matt's total compensation ($USD8.99M) is about average for companies of similar size in the US market ($USD11.33M).

Compensation vs Earnings: Matt's compensation has increased by more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Matthew Farrell
President4.67yrsUS$8.99m0.060%
$ 13.6m
Richard Dierker
CFO & Executive VP4.67yrsUS$2.77m0.0034%
$ 765.6k
Patrick de Maynadier
Executive VP8.75yrsUS$1.65m0.0058%
$ 1.3m
Britta Bomhard
Executive VP & Chief Marketing Officer4.67yrsUS$1.45m0.0022%
$ 498.3k
Steven Cugine
Executive Vice President of International & Global New Products Innovation18.08yrsUS$1.39m0.013%
$ 2.8m
Rick Spann
Executive Vice President of Global Operations3.33yrsno data0.0020%
$ 457.6k
Joseph Longo
VP, Chief Accounting Officer & Corporate Controllerno datano datano data
Paul Wood
Executive Vice President of U.S. Sales1.92yrsno datano data
Rene Hemsey
Executive Vice President of Global Human Resources0.58yrno data0.0042%
$ 960.4k
Steven Katz
Executive Officerno datano data0.00051%
$ 115.5k
Carlos Linares
Executive Vice President of Global Research & Development3.25yrsUS$1.71m0.0011%
$ 244.6k

4.7yrs

Average Tenure

56yo

Average Age

Experienced Management: CHD's management team is considered experienced (4.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Matthew Farrell
President4.67yrsUS$8.99m0.060%
$ 13.6m
Robert Shearer
Independent Director12.58yrsUS$258.00k0.012%
$ 2.7m
Dwight Minton
Chairman Emeritus19.58yrsUS$280.30kno data
James Craigie
Independent Director16.17yrsUS$304.00k0.014%
$ 3.1m
Arthur Winkleblack
Independent Director12.67yrsUS$255.00k0.0077%
$ 1.8m
Bradley Irwin
Lead Independent Director0.67yrUS$240.00k0.019%
$ 4.3m
Ravichandra Saligram
Independent Director14.08yrsUS$246.67k0.018%
$ 4.1m
Penry Price
Independent Director8.83yrsUS$240.00k0.0087%
$ 2.0m
Laurie Yoler
Independent Director2.33yrsUS$240.00k0.0018%
$ 405.5k
Janet Vergis
Independent Director6.67yrsUS$240.00k0.0052%
$ 1.2m
Susan Saideman
Independent Director0.25yrno data0.00037%
$ 83.8k

8.8yrs

Average Tenure

62yo

Average Age

Experienced Board: CHD's board of directors are considered experienced (8.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Church & Dwight Co., Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Church & Dwight Co., Inc.
  • Ticker: CHD
  • Exchange: NYSE
  • Founded: 1846
  • Industry: Household Products
  • Sector: Household
  • Market Cap: US$22.651b
  • Shares outstanding: 247.31m
  • Website: https://www.churchdwight.com

Number of Employees


Location

  • Church & Dwight Co., Inc.
  • Princeton South Corporate Center
  • 500 Charles Ewing Boulevard
  • Ewing
  • New Jersey
  • 8628
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CHDNYSE (New York Stock Exchange)YesCommon StockUSUSDJan 1975
CXUDB (Deutsche Boerse AG)YesCommon StockDEEURJan 1975
CXUXTRA (XETRA Trading Platform)YesCommon StockDEEURJan 1975
CHDSWX (SIX Swiss Exchange)YesCommon StockCHCHFJan 1975
0R13LSE (London Stock Exchange)YesCommon StockGBUSDJan 1975
CHD *BMV (Bolsa Mexicana de Valores)YesCommon StockMXMXNJan 1975
CHDWBAG (Wiener Boerse AG)YesCommon StockATEURJan 1975
CHDC34BOVESPA (Bolsa de Valores de Sao Paulo)BDR EACH REP 1 COM USD1.00BRBRLMay 2019

Biography

Church & Dwight Co., Inc. develops, manufactures, and markets household, personal care, and specialty products in the United States and internationally. It operates in three segments: Consumer Domestic, Co ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/23 05:48
End of Day Share Price2020/09/22 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.