GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Church & Dwight Co Inc (NYSE:CHD) » Definitions » Cyclically Adjusted FCF per Share

Church & Dwight Co (Church & Dwight Co) Cyclically Adjusted FCF per Share : $3.25 (As of Dec. 2023)


View and export this data going back to 1990. Start your Free Trial

What is Church & Dwight Co Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Church & Dwight Co's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.540. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $3.25 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Church & Dwight Co's average Cyclically Adjusted FCF Growth Rate was 7.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 10.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 11.60% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 12.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Church & Dwight Co was 135.10% per year. The lowest was -41.50% per year. And the median was 13.05% per year.

As of today (2024-04-27), Church & Dwight Co's current stock price is $106.32. Church & Dwight Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $3.25. Church & Dwight Co's Cyclically Adjusted Price-to-FCF of today is 32.71.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Church & Dwight Co was 41.24. The lowest was 23.65. And the median was 32.77.


Church & Dwight Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Church & Dwight Co's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Church & Dwight Co Cyclically Adjusted FCF per Share Chart

Church & Dwight Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.15 2.38 2.75 3.02 3.25

Church & Dwight Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.02 3.14 3.22 3.24 3.25

Competitive Comparison of Church & Dwight Co's Cyclically Adjusted FCF per Share

For the Household & Personal Products subindustry, Church & Dwight Co's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Church & Dwight Co's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Church & Dwight Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Church & Dwight Co's Cyclically Adjusted Price-to-FCF falls into.



Church & Dwight Co Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Church & Dwight Co's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.54/129.4194*129.4194
=0.540

Current CPI (Dec. 2023) = 129.4194.

Church & Dwight Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.342 99.695 0.444
201406 0.341 100.560 0.439
201409 0.672 100.428 0.866
201412 0.357 99.070 0.466
201503 0.454 99.621 0.590
201506 0.345 100.684 0.443
201509 0.560 100.392 0.722
201512 0.677 99.792 0.878
201603 0.642 100.470 0.827
201606 0.418 101.688 0.532
201609 0.716 101.861 0.910
201612 0.532 101.863 0.676
201703 0.496 102.862 0.624
201706 0.431 103.349 0.540
201709 0.644 104.136 0.800
201712 0.920 104.011 1.145
201803 0.582 105.290 0.715
201806 0.632 106.317 0.769
201809 0.934 106.507 1.135
201812 0.656 105.998 0.801
201903 0.501 107.251 0.605
201906 0.797 108.070 0.954
201909 0.989 108.329 1.182
201912 0.849 108.420 1.013
202003 0.875 108.902 1.040
202006 1.385 108.767 1.648
202009 0.694 109.815 0.818
202012 0.585 109.897 0.689
202103 0.296 111.754 0.343
202106 0.908 114.631 1.025
202109 1.155 115.734 1.292
202112 1.148 117.630 1.263
202203 0.556 121.301 0.593
202206 0.545 125.017 0.564
202209 0.668 125.227 0.690
202212 1.099 125.222 1.136
202303 1.005 127.348 1.021
202306 0.798 128.729 0.802
202309 0.915 129.860 0.912
202312 0.540 129.419 0.540

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Church & Dwight Co  (NYSE:CHD) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Church & Dwight Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=106.32/3.25
=32.71

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Church & Dwight Co was 41.24. The lowest was 23.65. And the median was 32.77.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Church & Dwight Co Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Church & Dwight Co's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Church & Dwight Co (Church & Dwight Co) Business Description

Traded in Other Exchanges
Address
500 Charles Ewing Boulevard, Ewing, NJ, USA, 08628
Church & Dwight is the leading global producer of baking soda. Beyond baking soda, the products in its portfolio have vast category reach, including laundry products, cat litter, oral care, deodorant, and nasal care, all sold under the Arm & Hammer brand. Its mix also includes Xtra, Trojan, OxiClean, First Response, Nair, L'il Critters/Vitafusion, Orajel, and WaterPik, which together with Arm & Hammer constitute more than 80% of its annual sales and profits. In early 2019, the firm announced the addition of Flawless, which manufactures electric shaving products for women. At the end of 2020, the firm acquired Zicam, a leading brand in the cough/cold-shortening category. Church & Dwight derives more than 80% of its sales from its home market in the U.S.
Executives
Michael Read officer: EVP, International 500 CHARLES EWING BLVD, EWING NJ 08628
Matthew Farrell officer: Vice President Finance and CFO
Richard A Dierker officer: E.V.P. Finance & C.F.O. 500 CHARLES EWING BLVD, EWING NJ 08628
Rene Hemsey officer: E.V.P. HR 500 CHARLES EWING BLVD, EWING NJ 08628
Bradley C Irwin director 469 NORTH HARRISON STREET, PRINCETON NJ 08543
De Maynadier Patrick D officer: EVP, Gen. Counsel & Secretary
Carlen Hooker officer: EVP, Chief Commercial Officer 500 CHARLES EWING BLVD, EWING NJ 08628
Ravichandra Krishnamurty Saligram director C/O NEWELL BRANDS INC., 6655 PEACHTREE DUNWOODY ROAD, ATLANTA GA 30328
Paul Richard Wood officer: EVP, Sales 500 CHARLES EWING BLVD, EWING NJ 08628
Brian D Buchert officer: EVP of Strategy, M&A, and BP 500 CHARLES EWING BLVD, EWING NJ 08628
Barry A. Bruno officer: EVP, International 500 CHARLES EWING BLVD, EWING NJ 08628
James Craigie director, officer: President, Chief Executive Off 500 CHARLES EWING BLVD, EWING NJ 08628
Arthur B Winkleblack director
Brad Cashaw director 2711 NORTH HASKELL AVENUE, SUITE 3400, DALLAS TX 75204
Robert K Shearer director 400 NORTH ELM STREET, GREENSBORO NC 27403