Clorox
Market Cap
US$25.2b
Last Updated
2020/11/24 23:35 UTC
Data Sources
Company Financials +
Executive Summary
The Clorox Company manufactures and markets consumer and professional products worldwide. More Details
Rewards
PE ratio (21.8x) is below the Household Products industry average (23.9x)
Risk Analysis
Earnings are forecast to decline by an average of 1.4% per year for the next 3 years
Snowflake Analysis
Established dividend payer with proven track record.
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 is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: CLX's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
-4.6%
CLX
-2.3%
US Household Products
1.8%
US Market
1 Year Return
34.7%
CLX
16.3%
US Household Products
20.4%
US Market
Return vs Industry: CLX exceeded the US Household Products industry which returned 18.4% over the past year.
Return vs Market: CLX exceeded the US Market which returned 19% over the past year.
Shareholder returns
| CLX | Industry | Market | |
|---|---|---|---|
| 7 Day | -4.6% | -2.3% | 1.8% |
| 30 Day | -5.5% | -1.7% | 6.0% |
| 90 Day | -9.4% | -0.02% | 6.8% |
| 1 Year | 37.7%34.7% | 19.1%16.3% | 23.2%20.4% |
| 3 Year | 57.2%45.7% | 58.8%46.5% | 47.4%37.6% |
| 5 Year | 78.8%57.6% | 94.4%69.5% | 91.9%70.8% |
Long-Term 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
1 week ago | Simply Wall St
With EPS Growth And More, Clorox (NYSE:CLX) Is Interesting2 weeks ago | Simply Wall St
The Executive VP of Corporate Affairs & General Counsel of The Clorox Company (NYSE:CLX), Laura Stein, Just Sold 41% Of Their Holding3 weeks ago | Simply Wall St
Results: The Clorox Company Exceeded Expectations And The Consensus Has Updated Its EstimatesValuation
Is Clorox undervalued compared to its fair value and its price relative to the market?
21.84x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: CLX ($199.54) is trading above our estimate of fair value ($173.33)
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 (21.8x) compared to the US Household Products industry average (23.9x).
PE vs Market: CLX is poor value based on its PE Ratio (21.8x) compared to the US market (19.5x).
Price to Earnings Growth Ratio
PEG Ratio: CLX's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: CLX is overvalued based on its PB Ratio (22.6x) compared to the US Household Products industry average (5.4x).
Next Steps
Future Growth
How is Clorox forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
-1.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CLX's earnings are forecast to decline over the next 3 years (-1.4% per year).
Earnings vs Market: CLX's earnings are forecast to decline over the next 3 years (-1.4% per year).
High Growth Earnings: CLX's earnings are forecast to decline over the next 3 years.
Revenue vs Market: CLX's revenue (1.5% per year) is forecast to grow slower than the US market (10.2% per year).
High Growth Revenue: CLX's revenue (1.5% 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 (93.8%).
Next Steps
Past Performance
How has Clorox performed over the past 5 years?
8.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CLX has high quality earnings.
Growing Profit Margin: CLX's current net profit margins (16.1%) are higher than last year (13.2%).
Past Earnings Growth Analysis
Earnings Trend: CLX's earnings have grown by 8.9% per year over the past 5 years.
Accelerating Growth: CLX's earnings growth over the past year (41.6%) exceeds its 5-year average (8.9% per year).
Earnings vs Industry: CLX earnings growth over the past year (41.6%) underperformed the Household Products industry 41.6%.
Return on Equity
High ROE: Whilst CLX's Return on Equity (87.95%) is outstanding, this metric is skewed due to their high level of debt.
Next Steps
Financial Health
How is Clorox's financial position?
Financial Position Analysis
Short Term Liabilities: CLX's short term assets ($2.1B) exceed its short term liabilities ($1.5B).
Long Term Liabilities: CLX's short term assets ($2.1B) do not cover its long term liabilities ($4.0B).
Debt to Equity History and Analysis
Debt Level: CLX's debt to equity ratio (212.1%) is considered high.
Reducing Debt: CLX's debt to equity ratio has reduced from 1846% to 212.1% over the past 5 years.
Debt Coverage: CLX's debt is well covered by operating cash flow (59.6%).
Interest Coverage: CLX's interest payments on its debt are well covered by EBIT (14.8x coverage).
Balance Sheet
Next Steps
Dividend
What is Clorox current dividend yield, its reliability and sustainability?
2.23%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: CLX's dividend (2.23%) is higher than the bottom 25% of dividend payers in the US market (1.5%).
High Dividend: CLX's dividend (2.23%) is low compared to the top 25% of dividend payers in the US market (4.15%).
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 reasonably low payout ratio (47.5%), CLX's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CLX's dividends in 3 years are forecast to be covered by earnings (53.8% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.6yrs
Average management tenure
CEO
Linda Rendle (42 yo)
0.17
Tenure
US$4,198,409
Compensation
Ms. Linda Rendle serves as Chief Executive Officer and Director of The Clorox Company since September 14 2020. Ms. Rendle served as President of The Clorox Company from May 4, 2020 to September 14, 2020. S...
CEO Compensation Analysis
Compensation vs Market: Linda's total compensation ($USD4.20M) is below average for companies of similar size in the US market ($USD10.98M).
Compensation vs Earnings: Linda's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 4.25yrs | US$12.42m | 0.096% $ 24.0m | |
| CEO & Director | 0.17yr | US$4.20m | 0.013% $ 3.2m | |
| Executive VP & CFO | 2.58yrs | US$3.19m | 0.015% $ 3.6m | |
| Executive VP & COO | 0.17yr | US$3.08m | 0.016% $ 4.0m | |
| Executive VP of Corporate Affairs & General Counsel | 15.83yrs | US$4.14m | 0.032% $ 8.0m | |
| VP, Chief Accounting Officer & Corporate Controller | 3.83yrs | no data | 0.0044% $ 1.1m | |
| Senior VP and Chief Information & Enterprise Analytics Officer | 0.42yr | no data | no data | |
| Vice President of Investor Relations | no data | no data | no data | |
| Senior Vice President of Corporate & Business Development | 4.83yrs | no data | 0.0074% $ 1.9m | |
| Senior VP and Chief Marketing & Strategy Officer | 1.83yrs | no data | 0.00077% $ 193.7k | |
| Executive VP & Chief People Officer | 4.67yrs | no data | 0.0064% $ 1.6m | |
| Chief Diversity Officer | 14.42yrs | no data | no data |
2.6yrs
Average Tenure
52.5yo
Average Age
Experienced Management: CLX's management team is considered experienced (2.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 4.25yrs | US$12.42m | 0.096% $ 24.0m | |
| CEO & Director | 0.17yr | US$4.20m | 0.013% $ 3.2m | |
| Independent Director | 5.33yrs | US$278.13k | 0.00037% $ 93.1k | |
| Independent Director | 4.25yrs | US$258.13k | 0.0013% $ 319.4k | |
| Independent Director | 21.83yrs | US$258.13k | 0.0010% $ 264.1k | |
| Independent Director | 5.33yrs | US$273.48k | no data | |
| Lead Independent Director | 4.25yrs | US$308.13k | 0.0014% $ 354.6k | |
| Independent Director | 4.17yrs | US$258.13k | no data | |
| Independent Director | 7.25yrs | US$258.13k | no data | |
| Independent Director | 2.25yrs | US$258.13k | no data | |
| Independent Director | 13.75yrs | US$273.13k | no data | |
| Independent Director | 3.75yrs | US$258.13k | no data |
4.3yrs
Average Tenure
61.5yo
Average Age
Experienced Board: CLX's board of directors are considered experienced (4.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CLX insiders have only sold shares 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
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$25.152b
- Shares outstanding: 126.05m
- Website: https://www.thecloroxcompany.com
Number of Employees
Location
- The Clorox Company
- 1221 Broadway
- Oakland
- California
- 94612-1888
- 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 |
| CXX | ETLX (Eurotlx) | Yes | Common Stock | IT | EUR | Aug 1968 |
| CLX * | BMV (Bolsa Mexicana de Valores) | Yes | Common Stock | MX | MXN | Aug 1968 |
| CLX | BVL (Bolsa de Valores de Lima) | Yes | Common Stock | PE | 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: Health and Wellness, Household, Lifestyle, and International. The company offers...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/24 23:35 |
| End of Day Share Price | 2020/11/24 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/06/30 |
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.