NYSE:CHD

Stock Analysis Report

Executive Summary

Church & Dwight Co., Inc. develops, manufactures, and markets household, personal care, and specialty products.

Snowflake

Fundamentals

Acceptable track record second-rate dividend payer.


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

0.6%

CHD

0.2%

US Household Products

0.3%

US Market


1 Year Return

2.3%

CHD

22.8%

US Household Products

12.5%

US Market

Return vs Industry: CHD underperformed the US Household Products industry which returned 22.8% over the past year.

Return vs Market: CHD underperformed the US Market which returned 12.5% over the past year.


Shareholder returns

CHDIndustryMarket
7 Day0.6%0.2%0.3%
30 Day-8.9%-1.7%4.1%
90 Day-13.9%0.6%5.6%
1 Year3.6%2.3%26.0%22.8%15.0%12.5%
3 Year60.3%53.8%54.1%41.2%49.1%39.4%
5 Year96.6%82.8%60.3%37.9%62.8%44.7%

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?

20.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CHD ($67.53) is trading below our estimate of fair value ($84.73)

Significantly Below Fair Value: CHD is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: CHD is poor value based on its PE Ratio (27.1x) compared to the Household Products industry average (25x).

PE vs Market: CHD is poor value based on its PE Ratio (27.1x) compared to the US market (18.3x).


Price to Earnings Growth Ratio

PEG Ratio: CHD is poor value based on its PEG Ratio (4.1x)


Price to Book Ratio

PB vs Industry: CHD is overvalued based on its PB Ratio (6.5x) compared to the US Household Products industry average (3.6x).


Next Steps

Future Growth

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

6.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CHD's forecast earnings growth (6.5% per year) is above the savings rate (2.7%).

Earnings vs Market: CHD's earnings (6.5% per year) are forecast to grow slower than the US market (14.2% per year).

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

Revenue vs Market: CHD's revenue (4.9% per year) is forecast to grow slower than the US market (7.2% per year).

High Growth Revenue: CHD's revenue (4.9% 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 (27.3%)


Next Steps

Past Performance

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

12.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CHD has high quality earnings.

Growing Profit Margin: CHD's current net profit margins (14.3%) are lower than last year (20.3%).


Past Earnings Growth Analysis

Earnings Trend: CHD's earnings have grown by 12.9% per year over the past 5 years.

Accelerating Growth: CHD's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: CHD had negative earnings growth (-26.1%) over the past year, making it difficult to compare to the Household Products industry average (-14.1%).


Return on Equity

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


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Church & Dwight's financial position?


Financial Position Analysis

Short Term Liabilities: CHD's short term assets ($908.8M) do not cover its short term liabilities ($1.1B)

Long Term Liabilities: CHD's short term assets (908.8M) do not cover its long term liabilities (2.9B)


Debt to Equity History and Analysis

Debt Level: CHD's debt to equity ratio (85.3%) is considered high

Reducing Debt: CHD's debt to equity ratio has increased from 50.5% to 85.3% over the past 5 years.

Debt Coverage: CHD's debt is well covered by operating cash flow (37.2%).

Interest Coverage: CHD's interest payments on its debt are well covered by EBIT (11.6x coverage).


Balance Sheet

Inventory Level: CHD has a low level of unsold assets or inventory.

Debt Coverage by Assets: CHD's debt is not covered by short term assets (assets are 0.4x debt).


Next Steps

Dividend

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

1.35%

Current Dividend Yield


Upcoming Dividend Payment

Purchase Church & Dwight before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield vs Market

company1.3%marketbottom25%1.4%markettop25%3.7%industryaverage2.5%forecastin3Years1.4%

Current dividend yield vs market & industry

Notable Dividend: CHD's dividend (1.35%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.42%).

High Dividend: CHD's dividend (1.35%) is low compared to the top 25% of dividend payers in the US market (3.67%).


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 (36.2%), 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 (36.2% payout ratio).


Next Steps

Management

What is the CEO of Church & Dwight's salary, the management and board of directors tenure and is there insider trading?

3.8yrs

Average management tenure


CEO

Matt Farrell (63yo)

3.8yrs

Tenure

US$7,267,713

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 ($USD7.27M) is below average for companies of similar size in the US market ($USD11.12M).

Compensation vs Earnings: Matt's compensation has been consistent with company performance over the past year.


Management Age and Tenure

3.8yrs

Average Tenure

55.5yo

Average Age

Experienced Management: CHD's management team is considered experienced (3.8 years average tenure).


Board Age and Tenure

11.8yrs

Average Tenure

62.5yo

Average Age

Experienced Board: CHD's board of directors are seasoned and experienced ( 11.8 years average tenure).


Insider Trading

Insider Buying: CHD insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyUS$20,15806 Nov 19
Janet Vergis
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares300
Max PriceUS$67.19
BuyUS$72,07017 Sep 19
Rick Spann
EntityIndividual
Role
Chief Operating Officer
Executive Vice President of Global Operations
Shares1,000
Max PriceUS$72.07
BuyUS$107,71517 Sep 19
Ravichandra Saligram
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares1,500
Max PriceUS$71.81
BuyUS$499,26816 Sep 19
Matthew Farrell
EntityIndividual
Role
Chief Executive Officer
President
Shares7,000
Max PriceUS$71.32
BuyUS$49,98916 Sep 19
Penry Price
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares704
Max PriceUS$71.01
SellUS$321,24303 Sep 19
James Craigie
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares4,000
Max PriceUS$80.31
SellUS$3,513,28007 May 19
Arthur Winkleblack
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares48,000
Max PriceUS$73.80

Ownership Breakdown

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


Management Team

  • Steven Cugine (56yo)

    Executive Vice President of International & Global New Products Innovation

    • Tenure: 17.3yrs
    • Compensation: US$1.68m
  • Patrick de Maynadier (59yo)

    Executive VP

    • Tenure: 7.9yrs
    • Compensation: US$1.50m
  • Matt Farrell (63yo)

    President

    • Tenure: 3.8yrs
    • Compensation: US$7.27m
  • Steven Katz (61yo)

    Chief Accounting Officer

    • Tenure: 12.5yrs
  • Carlos Linares (55yo)

    Executive Vice President of Global Research & Development

    • Tenure: 2.4yrs
    • Compensation: US$1.71m
  • Rick Dierker (39yo)

    CFO & Executive VP

    • Tenure: 3.8yrs
    • Compensation: US$2.27m
  • Britta Bomhard (50yo)

    Executive VP & Chief Marketing Officer

    • Tenure: 3.8yrs
    • Compensation: US$1.34m
  • Judy Zagorski (55yo)

    Executive Vice President of Global Human Resources

    • Tenure: 2.8yrs
    • Compensation: US$1.69m
  • Paul Wood (46yo)

    Executive Vice President of U.S. Sales

    • Tenure: 1.1yrs
  • Rick Spann (57yo)

    Executive Vice President of Global Operations

    • Tenure: 2.5yrs

Board Members

  • Bob Shearer (67yo)

    Independent Director

    • Tenure: 11.8yrs
    • Compensation: US$258.00k
  • Robert LeBlanc (66yo)

    Lead Independent Director

    • Tenure: 9.8yrs
    • Compensation: US$272.00k
  • Dwight Minton (84yo)

    Chairman Emeritus

    • Tenure: 18.8yrs
    • Compensation: US$280.30k
  • Jim Craigie (65yo)

    Independent Director

    • Tenure: 15.3yrs
    • Compensation: US$412.00k
  • Art Winkleblack (62yo)

    Independent Director

    • Tenure: 11.8yrs
    • Compensation: US$255.00k
  • Matt Farrell (63yo)

    President

    • Tenure: 3.8yrs
    • Compensation: US$7.27m
  • Brad Irwin (57yo)

    Independent Director

    • Tenure: 13yrs
    • Compensation: US$240.00k
  • Ravi Saligram (62yo)

    Independent Director

    • Tenure: 13.3yrs
    • Compensation: US$240.00k
  • Penry Price (50yo)

    Independent Director

    • Tenure: 8yrs
    • Compensation: US$240.00k
  • Janet Vergis (54yo)

    Independent Director

    • Tenure: 5.8yrs
    • Compensation: US$240.00k

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$16.572b
  • Shares outstanding: 245.40m
  • 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
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. It operates in three segments: Consumer Domestic, Consumer International, and Specialty Produ ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/11 23:33
End of Day Share Price2019/11/11 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.