Clorox
Market Cap
US$22.8b
Last Updated
2021/05/09 22:51 UTC
Data Sources
Company Financials +
Executive Summary
The Clorox Company manufactures and markets consumer and professional products worldwide. More Details
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 0.8% per year for the next 3 years
Snowflake Analysis
Established dividend payer with adequate 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 is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: CLX's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
0.3%
CLX
1.4%
US Household Products
0.2%
US Market
1 Year Return
-10.3%
CLX
15.2%
US Household Products
49.9%
US Market
Return vs Industry: CLX underperformed the US Household Products industry which returned 15.2% over the past year.
Return vs Market: CLX underperformed the US Market which returned 49.9% over the past year.
Shareholder returns
| CLX | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.3% | 1.4% | 0.2% |
| 30 Day | -3.7% | -1.0% | 1.5% |
| 90 Day | -3.7% | 4.0% | 3.3% |
| 1 Year | -8.4%-10.3% | 17.8%15.2% | 52.4%49.9% |
| 3 Year | 63.3%51.8% | 95.3%80.7% | 63.7%53.4% |
| 5 Year | 57.2%38.7% | 89.6%65.2% | 130.6%104.9% |
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
Are Institutions Heavily Invested In The Clorox Company's (NYSE:CLX) Shares?3 weeks ago | Simply Wall St
The Clorox Company's (NYSE:CLX) 2.4% Dividend Yield Looks Pretty Interesting1 month ago | Simply Wall St
Clorox (NYSE:CLX) Has A Rock Solid Balance SheetValuation
Is Clorox undervalued compared to its fair value and its price relative to the market?
25.9%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CLX ($183.01) is trading below our estimate of fair value ($247.02)
Significantly Below Fair Value: CLX is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CLX is poor value based on its PE Ratio (25x) compared to the US Household Products industry average (21.1x).
PE vs Market: CLX is poor value based on its PE Ratio (25x) compared to the US market (20.2x).
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 (30.6x) compared to the US Household Products industry average (3.9x).
Future Growth
How is Clorox forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
-0.8%
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 (-0.8% per year).
Earnings vs Market: CLX's earnings are forecast to decline over the next 3 years (-0.8% per year).
High Growth Earnings: CLX's earnings are forecast to decline over the next 3 years.
Revenue vs Market: CLX's revenue (2.5% per year) is forecast to grow slower than the US market (9.1% 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 (109.4%).
Past Performance
How has Clorox performed over the past 5 years?
10.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CLX has high quality earnings.
Growing Profit Margin: CLX's current net profit margins (12.3%) are lower than last year (13.7%).
Past Earnings Growth Analysis
Earnings Trend: CLX's earnings have grown by 10.1% per year over the past 5 years.
Accelerating Growth: CLX's earnings growth over the past year (6.1%) is below its 5-year average (10.1% per year).
Earnings vs Industry: CLX earnings growth over the past year (6.1%) underperformed the Household Products industry 58.3%.
Return on Equity
High ROE: Whilst CLX's Return on Equity (99.04%) is outstanding, this metric is skewed due to their high level of debt.
Financial Health
How is Clorox's financial position?
Financial Position Analysis
Short Term Liabilities: CLX's short term assets ($2.0B) exceed its short term liabilities ($1.8B).
Long Term Liabilities: CLX's short term assets ($2.0B) do not cover its long term liabilities ($3.7B).
Debt to Equity History and Analysis
Debt Level: CLX's debt to equity ratio (296.7%) is considered high.
Reducing Debt: CLX's debt to equity ratio has reduced from 859.2% to 296.7% over the past 5 years.
Debt Coverage: CLX's debt is well covered by operating cash flow (58.7%).
Interest Coverage: CLX's interest payments on its debt are well covered by EBIT (15.6x coverage).
Balance Sheet
Dividend
What is Clorox current dividend yield, its reliability and sustainability?
2.43%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CLX's dividend (2.43%) is higher than the bottom 25% of dividend payers in the US market (1.24%).
High Dividend: CLX's dividend (2.43%) is low compared to the top 25% of dividend payers in the US market (3.4%).
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 (60.7%), 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 (60.3% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.7yrs
Average management tenure
CEO
Linda Rendle (42 yo)
0.67
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 ($USD11.15M).
Compensation vs Earnings: Linda's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: CLX's management team is considered experienced (2.7 years average tenure).
Board Members
Experienced Board: CLX's board of directors are considered experienced (4.7 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
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$22.761b
- Shares outstanding: 124.37m
- Website: https://www.thecloroxcompany.com
Number of Employees
Location
- The Clorox Company
- 1221 Broadway
- Oakland
- California
- 94612-1888
- United States
Listings
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 | 2021/05/09 22:51 |
| End of Day Share Price | 2021/05/07 00:00 |
| Earnings | 2021/03/31 |
| 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.