Discounted Cash Flow

Church & Dwight Co. Inc. /De/

CHD · Based on 10 years of SEC filings

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2016 $3.5b $459.0m $605.5m 13.1% $1.78
2017 $3.8b (8.1%) $743.4m (62.0%) $636.5m (5.1%) 19.7% (49.8%) $2.97 (66.9%)
2018 $4.1b (9.8%) $568.6m (-23.5%) $703.2m (10.5%) 13.7% (-30.3%) $2.32 (-21.9%)
2019 $4.4b (5.1%) $615.9m (8.3%) $790.8m (12.5%) 14.1% (3.1%) $2.50 (7.8%)
2020 $4.9b (12.3%) $785.9m (27.6%) $891.4m (12.7%) 16.1% (13.6%) $3.18 (27.2%)
2021 $5.2b (6.0%) $827.5m (5.3%) $875.0m (-1.8%) 15.9% (-0.7%) $3.38 (6.3%)
2022 $5.4b (3.6%) $413.9m (-50.0%) $706.4m (-19.3%) 7.7% (-51.7%) $1.70 (-49.7%)
2023 $5.9b (9.2%) $755.6m (82.6%) $807.1m (14.3%) 12.9% (67.2%) $3.09 (81.8%)
2024 $6.1b (4.1%) $585.3m (-22.5%) $976.4m (21.0%) 9.6% (-25.6%) $2.39 (-22.7%)
2025 $6.2b (1.6%) $736.8m (25.9%) $1.1b (11.9%) 11.9% (23.9%) $3.04 (27.2%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

Values abbreviated: b = billions, m = millions, k = thousands.

Projected cash flows

Year Projected cash flow Discount Factor Present Value

PV of projected FCF:

Terminal FCF:

Terminal value:

PV of terminal value:

Enterprise value (DCF):

DCF price per share:

Current price:

Alternative DCF Models

Model Fair Value Upside PV(FCFs) PV(Terminal) Total Years
Standard (10yr→TV) 10 + TV
Alt A (Gradual Decline)
Alt B (30yr Hard Stop) N/A

This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model