Clorox
Market Cap
US$19.1b
Last Updated
2019/12/13 23:34 UTC
Data Sources
Company Financials +
Executive Summary
The Clorox Company manufactures and markets consumer and professional products worldwide.
Snowflake Analysis
Established dividend payer with mediocre balance sheet.
Similar Companies
Share Price & News
How has Clorox's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CLX has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-0.1%
CLX
0.8%
US Household Products
0.6%
US Market
1 Year Return
-7.8%
CLX
24.7%
US Household Products
20.8%
US Market
Return vs Industry: CLX underperformed the US Household Products industry which returned 24.7% over the past year.
Return vs Market: CLX underperformed the US Market which returned 20.8% over the past year.
Shareholder returns
| CLX | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.1% | 0.8% | 0.6% |
| 30 Day | 3.0% | 3.8% | 2.5% |
| 90 Day | -4.6% | 2.1% | 4.9% |
| 1 Year | -5.4%-7.8% | 28.1%24.7% | 23.5%20.8% |
| 3 Year | 38.0%27.4% | 58.2%44.9% | 46.5%37.0% |
| 5 Year | 65.6%45.3% | 60.4%38.0% | 64.6%46.5% |
Price Volatility Vs. Market
How volatile is Clorox's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall St
What Type Of Shareholder Owns The Clorox Company's (NYSE:CLX)?2 weeks ago | Simply Wall St
What Can We Make Of The Clorox Company’s (NYSE:CLX) High Return On Capital?4 weeks ago | Simply Wall St
Have Insiders Been Selling The Clorox Company (NYSE:CLX) Shares?Valuation
Is Clorox undervalued compared to its fair value and its price relative to the market?
23.74x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: CLX ($151.7) is trading above our estimate of fair value ($150.62)
Significantly Below Fair Value: CLX is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CLX is good value based on its PE Ratio (23.7x) compared to the Household Products industry average (25.9x).
PE vs Market: CLX is poor value based on its PE Ratio (23.7x) compared to the US market (18.6x).
Price to Earnings Growth Ratio
PEG Ratio: CLX is poor value based on its PEG Ratio (7x)
Price to Book Ratio
PB vs Industry: CLX is overvalued based on its PB Ratio (34.6x) compared to the US Household Products industry average (4.2x).
Next Steps
Future Growth
How is Clorox forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
3.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CLX's forecast earnings growth (3.4% per year) is above the savings rate (1.7%).
Earnings vs Market: CLX's earnings (3.4% per year) are forecast to grow slower than the US market (14.4% per year).
High Growth Earnings: CLX's earnings are forecast to grow, but not significantly.
Revenue vs Market: CLX's revenue (2.5% per year) is forecast to grow slower than the US market (7.4% per year).
High Growth Revenue: CLX's revenue (2.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CLX's Return on Equity is forecast to be very high in 3 years time (192.8%).
Next Steps
Past Performance
How has Clorox performed over the past 5 years?
7.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CLX has high quality earnings.
Growing Profit Margin: CLX's current net profit margins (13.2%) are lower than last year (13.6%).
Past Earnings Growth Analysis
Earnings Trend: CLX's earnings have grown by 7.7% per year over the past 5 years.
Accelerating Growth: CLX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CLX had negative earnings growth (-3.3%) over the past year, making it difficult to compare to the Household Products industry average (-20%).
Return on Equity
High ROE: Whilst CLX's Return on Equity (147.82%) is outstanding, this metric is skewed due to their high level of debt.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Clorox's financial position?
Financial Position Analysis
Short Term Liabilities: CLX's short term assets ($1.3B) do not cover its short term liabilities ($1.5B).
Long Term Liabilities: CLX's short term assets ($1.3B) do not cover its long term liabilities ($3.4B).
Debt to Equity History and Analysis
Debt Level: CLX's debt to equity ratio (497.5%) is considered high.
Reducing Debt: CLX's debt to equity ratio has reduced from 1318.7% to 497.5% over the past 5 years.
Debt Coverage: CLX's debt is well covered by operating cash flow (36.7%).
Interest Coverage: CLX's interest payments on its debt are well covered by EBIT (11.6x coverage).
Balance Sheet
Inventory Level: CLX has a high level of physical assets or inventory.
Debt Coverage by Assets: CLX's debt is not covered by short term assets (assets are 0.5x debt).
Next Steps
Dividend
What is Clorox's current dividend yield, its reliability and sustainability?
2.79%
Current Dividend Yield
Upcoming Dividend Payment
Purchase Clorox before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: CLX's dividend (2.79%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: CLX's dividend (2.79%) is low compared to the top 25% of dividend payers in the US market (3.71%).
Stability and Growth of Payments
Stable Dividend: CLX's dividends per share have been stable in the past 10 years.
Growing Dividend: CLX's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (63.2%), CLX's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CLX's dividends in 3 years are forecast to be covered by earnings (62.7% payout ratio).
Next Steps
Management
What is the CEO of Clorox's salary, the management and board of directors tenure and is there insider trading?
2.9yrs
Average management tenure
CEO
Benno Dorer (55yo)
5.1yrs
Tenure
US$9,362,715
Compensation
Mr. Benno O. Dorer has been the Chairman of The Clorox Company since August 15, 2016 and has been its Chief Executive Officer since November 20, 2014. Mr. Dorer served as an Executive Vice President and Ch ...
CEO Compensation Analysis
Compensation vs Market: Benno's total compensation ($USD9.36M) is about average for companies of similar size in the US market ($USD10.94M).
Compensation vs Earnings: Benno's compensation has been consistent with company performance over the past year.
Management Age and Tenure
2.9yrs
Average Tenure
53yo
Average Age
Experienced Management: CLX's management team is considered experienced (2.9 years average tenure).
Board Age and Tenure
3.9yrs
Average Tenure
61yo
Average Age
Experienced Board: CLX's board of directors are considered experienced (3.9 years average tenure).
Insider Trading
Insider Buying: CLX insiders have only sold shares in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Shares | 4,051 |
| Max Price | US$146.34 |
| Entity | Individual |
| Shares | 1,002 |
| Max Price | US$161.85 |
| Entity | Individual |
| Shares | 1,925 |
| Max Price | US$162.24 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 3,400 |
| Max Price | US$154.87 |
| Entity | Individual |
| Shares | 1,987 |
| Max Price | US$157.59 |
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Bill Bailey (53yo)
Senior Vice President of Corporate & Business Development
- Tenure: 3.9yrs
Laura Stein (57yo)
Executive VP of Corporate Affairs & General Counsel
- Tenure: 14.9yrs
- Compensation: US$2.97m
Benno Dorer (55yo)
Chairman & CEO
- Tenure: 5.1yrs
- Compensation: US$9.36m
Kirsten Marriner (46yo)
Executive VP & Chief People Officer
- Tenure: 3.8yrs
Eric Reynolds (49yo)
Executive Vice President of Household & Lifestyle
- Tenure: 0.9yrs
- Compensation: US$1.72m
Linda Rendle (41yo)
Executive Vice President of Cleaning
- Tenure: 0.9yrs
- Compensation: US$2.16m
Jeff Baker (50yo)
VP, Chief Accounting Officer & Corporate Controller
- Tenure: 2.9yrs
Kevin Jacobsen (53yo)
Executive VP & CFO
- Tenure: 1.7yrs
- Compensation: US$2.29m
Lisah Burhan
Vice President of Investor Relations
- Tenure: 0yrs
Stacey Grier (56yo)
Senior VP & Chief Marketing Officer
- Tenure: 0.9yrs
Board Members
Spencer Fleischer (65yo)
Independent Director
- Tenure: 4.4yrs
- Compensation: US$265.11k
David MacKay (63yo)
Independent Director
- Tenure: 3.3yrs
- Compensation: US$252.50k
Bob Matschullat (72yo)
Independent Director
- Tenure: 20.9yrs
- Compensation: US$252.50k
Chris Williams (61yo)
Independent Director
- Tenure: 4.4yrs
- Compensation: US$252.50k
Pamela Thomas-Graham (56yo)
Lead Director
- Tenure: 3.3yrs
- Compensation: US$302.50k
Amy Banse (61yo)
Independent Director
- Tenure: 3.3yrs
- Compensation: US$252.50k
Esther Lee (60yo)
Independent Director
- Tenure: 6.3yrs
- Compensation: US$252.50k
Benno Dorer (55yo)
Chairman & CEO
- Tenure: 5.1yrs
- Compensation: US$9.36m
Rich Carmona (69yo)
Independent Director
- Tenure: 12.8yrs
- Compensation: US$267.50k
Russell Weiner (51yo)
Independent Director
- Tenure: 2.8yrs
- Compensation: US$252.50k
Company Information
The Clorox Company's company bio, employee growth, exchange listings and data sources
Key Information
- Name: The Clorox Company
- Ticker: CLX
- Exchange: NYSE
- Founded: 1913
- Industry: Household Products
- Sector: Household
- Market Cap: US$19.109b
- Shares outstanding: 125.50m
- Website: https://www.thecloroxcompany.com
Number of Employees
Location
- The Clorox Company
- 1221 Broadway
- Oakland
- California
- 94612
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CLX | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Aug 1968 |
| CXX | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Aug 1968 |
| 0I0J | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Aug 1968 |
| CLXC34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR EACH REP 0.25 COM USD1.00 | BR | BRL | May 2019 |
Biography
The Clorox Company manufactures and markets consumer and professional products worldwide. It operates through four segments: Cleaning, Household, Lifestyle, and International. The company offers laundry ad ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/12/13 23:34 |
| End of Day Share Price | 2019/12/13 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2019/06/30 |
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.