CL

CL

Colgate-Palmolive

Dividend / Cash flow

★ Quality 82/100
Discounted

Price today

$91.07

what the market pays

Worth

$108.41

calculated cycle value

Worth $108.41price today $91.07

Price is 16% below its value

charlieapp.co

🏆

A monopoly position

This company has a competitive advantage so strong that its rivals find it practically impossible to replicate.

Price vs Intrinsic Value

VI$70.3$85.7$101$117$132'21'22'23'24'25'26CLVI $108 · MdS +19%
UndervaluedDiscountedFair priceIV = current model value

The line is the price month by month; the green band marks when it's undervalued (−20% off value). When the price drops in there, the discount is real, not opinion.

Where does the value come from?

🏛️

Established business paying dividends

$116.49

per share

How it's calculated

💰

Free cash flow per share

normalized free cash flow

$4.48
×
📐

Multiplier

years of discounted cash flows

26.0x
=
🏢

Business value

without cash

$116.49

Colgate-Palmolive — assistant high-path (2026-06-07). Review note.

🏦

Net cash in the bank

cash minus financial debt, per share

$8.08

Total calculated value

business + cash

$108.41

How many times the cash flow

Dividend / Cash flow · vs 42 peers

You pay today
22.1x
Sector median
25.8x
Charlie: worth
26x

You pay 22.1x times this business's cash flow; its sector median is 25.8x.

18% below what Charlie thinks it's worth (26x) — that gap is your safety margin.

Why Discounted?

Its free cash flow is $4.48/share × 26.0x multiplier minus $8.08 in negative net cash = $108.41 in intrinsic value. Today's price of $91.07 is 19% below value — a moderate discount, a good spot to enter gradually.

🟡

The price is 16% off the calculated value. Close, but without the ideal discount.

It's fine to buy in pieces. Monthly DCA works well here.

💡

For a bigger safety margin, wait for $86.73 or less.

At what price would buying make sense?

Entry zones

🟢 Undervalued

$86.73

-20% off Value

🟡 Discounted

$102.99

-5% off Value

🟡 Today

$91.07

+19% Valor

🟡

Discounted

The price is close to value. There's no big discount, but it's reasonable to invest in pieces.

The market is a device for transferring money from the impatient to the patient.

— Warren Buffett

Model updated · July 2026

The business

The brand is the mirror: you ask for 'a Colgate,' not toothpaste.

Colgate-Palmolive sells toothpaste, soap, detergent, and pet food (Hill's) in more than 200 countries. It generates $20.4B in sales with items people rebuy every week without thinking. It charges pennies per unit, billions of times over.

It dominates the global oral care category with the leading toothpaste share for decades. The brand is etched into habit: asking for 'a Colgate' means asking for the product. Its mass distribution and 60% gross margins make the business hard to imitate without burning capital for a generation.

Revenue history

$17.4B
2021
$18.0B
2022
$19.5B
2023
$20.1B
2024
$20.4B
2025
CAGR 5 años: +4%

From $17.4B to $20.4B in 4 years. The business grows steadily.

Where each $100 of sales goes

Revenue $20.4B · FY2025

Cost of sales$8.1B · 40%
Operations$8.9B · 44%
Taxes and other$1.2B · 6%
Net profit$2.1B · 11%

Of every $100 in sales, $89 goes to costs and operations; $11 is left as net profit (11% margin).

Catalysts and risks

Hill's Pet Nutrition grows double digits and already makes up ~20% of sales; new U.S. production capacity adds volume in 2026.

Cumulative price hikes in emerging markets sustain gross margin expansion toward mid-2026.

Buybacks and a dividend raised 62 years straight: the $3.6B FCF funds direct return to shareholders.

⚠️

$7.8B in debt against only $1.3B in cash; leverage limits the margin for error if rates rise.

⚠️

Private-label and local brands gain ground in price-sensitive markets.

⚠️

Exposure to emerging-market currencies: the strong dollar erodes reported sales year after year.

Charlie's note

A boring business that prints cash while you sleep — I like it that way. At 26x FCF you pay full toll for the quality; buy when the market gets bored of the boring.

Analysis · June 2026

So when would be a good price for Colgate-Palmolive?

Today it trades below what we calculate. If you want us to tell you when that changes —or when the value itself moves because the company reported— we will email you.

🔔 Email me

Free · no card

Charlie informs, it doesn't advise. No information should be taken as a recommendation to buy or sell.