Kenvue (KVUE) Stock Analysis
Here is a fundamental analysis of Kenvue (KVUE), benchmarking its profitability, financial strength, dividend and valuation against its industry group peers.
Performance
Cumulative Growth
Trailing Returns
Performance at a Glance
| Metric | Current stock: KVUE | Industry group median |
|---|---|---|
| 1-Year Return | -13.87% | -5.68% |
Risk
Drawdown
Risk at a Glance
| Metric | Current stock: KVUE | Industry group median |
|---|---|---|
| 1-Year Volatility | 32.37% | 36.58% |
| Beta | 0.48 | 0.61 |
Company Profile
| Profile Item | KVUE |
|---|---|
| Name | Kenvue Inc. |
| Country/Region | United States |
| GICS Sector | Consumer Staples |
| GICS Industry Group | Household & Personal Products |
| GICS Industry | Personal Care Products |
| GICS Sub-Industry | Personal Care Products |
| Market Capitalization | 34.83 billion USD |
| Currency | USD |
| Exchange | NYSE |
| Listing Date | May 4, 2023 |
| Security Type | Common Stock |
Valuation
Price-to-Earnings Ratio (TTM)
Kenvue (KVUE) trades at P/E ratio of 21.60, near the industry’s usual earnings multiple. The stock is not showing a clear peer discount or premium on trailing earnings.
KVUE
Household & Personal Products industry group
21.60
Group distribution
- Max
- 34.67
- Q3
- 24.01
- KVUE
- 21.60
- Median
- 18.98
- Q1
- 15.21
- Min
- 5.30
Largest peers
- CL
- 34.67
- PG
- 21.87
- KVUE
- 21.60
- KMB
- 19.79
- UL
- 19.71
- HLN
- 18.63
- EL
- --
Price-to-Sales Ratio (TTM)
Kenvue (KVUE) trades at 2.28 on P/S ratio, roughly in the peer group’s normal range. The market is not making a strong cheap-or-rich statement about its revenue base.
KVUE
Household & Personal Products industry group
2.28
Group distribution
- Max
- 4.71
- Q3
- 3.01
- KVUE
- 2.28
- Median
- 1.73
- Q1
- 0.71
- Min
- 0.24
Largest peers
- PG
- 4.02
- HLN
- 3.65
- CL
- 3.44
- UL
- 2.53
- KVUE
- 2.28
- EL
- 2.19
- KMB
- 2.05
Price-to-Book Ratio (MRQ)
Kenvue (KVUE) trades at 3.28 on P/B ratio, roughly in line with the industry’s normal price-to-book range. Its balance sheet is not being priced at a clear discount or premium versus peers.
KVUE
Household & Personal Products industry group
3.28
Group distribution
- Max
- 13.74
- Q3
- 6.82
- KVUE
- 3.28
- Median
- 2.19
- Q1
- 1.22
- Min
- -2.83
Largest peers
- CL
- 494.20
- KMB
- 18.90
- EL
- 8.13
- UL
- 7.17
- PG
- 6.48
- KVUE
- 3.28
- HLN
- 1.85
Valuation at a Glance
| Metric | Current stock: KVUE | Industry group median |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 21.60 | 18.98 |
| Price-to-Sales Ratio (TTM) | 2.28 | 1.73 |
| Price-to-Book Ratio (MRQ) | 3.28 | 2.19 |
| Free Cash Flow Yield | 5.33% | 5.33% |
Profitability
Return on Equity (TTM)
Kenvue (KVUE) posts ROE of 15.70%, roughly around the peer group’s normal range. Shareholders’ equity is producing a return that looks broadly typical for the industry.
KVUE
Household & Personal Products industry group
15.70%
Group distribution
- Max
- 31.30%
- Q3
- 30.96%
- KVUE
- 15.70%
- Median
- 15.00%
- Q1
- 1.55%
- Min
- -13.94%
Largest peers
- CL
- 363.58%
- KMB
- 111.73%
- PG
- 31.11%
- UL
- 30.96%
- KVUE
- 15.70%
- HLN
- 10.27%
- EL
- -5.95%
Net Profit Margin (TTM)
Kenvue (KVUE) keeps 10.61% of revenue as net profit, roughly in line with the peer group’s normal net margin range. Its full cost stack is taking a typical share of sales for the industry.
KVUE
Household & Personal Products industry group
10.61%
Group distribution
- Max
- 19.16%
- Q3
- 11.34%
- KVUE
- 10.61%
- Median
- 6.79%
- Q1
- 2.51%
- Min
- -9.20%
Largest peers
- PG
- 19.16%
- UL
- 18.75%
- HLN
- 15.11%
- KMB
- 12.80%
- KVUE
- 10.61%
- CL
- 10.04%
- EL
- -1.67%
Operating Profit Margin (TTM)
Kenvue (KVUE) turns 21.62% of revenue into operating profit, putting operating margin in the upper peer quartile. Before financing and taxes enter the picture, the day-to-day business keeps more of each sales dollar than most industry peers.
KVUE
Household & Personal Products industry group
21.62%
Group distribution
- Max
- 23.17%
- KVUE
- 21.62%
- Q3
- 19.85%
- Median
- 12.60%
- Q1
- 7.57%
- Min
- -5.14%
Largest peers
- HLN
- 23.17%
- PG
- 23.05%
- KVUE
- 21.62%
- CL
- 20.92%
- UL
- 20.05%
- KMB
- 19.65%
- EL
- 14.93%
Profitability at a Glance
| Metric | Current stock: KVUE | Industry group median |
|---|---|---|
| Return on Equity (TTM) | 15.70% | 15.00% |
| Return on Assets (TTM) | 7.07% | 6.97% |
| Net Profit Margin (TTM) | 10.61% | 6.79% |
| Operating Profit Margin (TTM) | 21.62% | 12.60% |
| Gross Profit Margin (TTM) | 58.60% | 50.98% |
Financial Strength
Current Ratio (MRQ)
Kenvue (KVUE) has current ratio of 0.98, in the tighter-liquidity quartile for its industry. The short-term cushion is thinner than most peers carry, even if the absolute comfort level still depends on the business model.
KVUE
Household & Personal Products industry group
0.98
Group distribution
- Max
- 6.27
- Q3
- 3.17
- Median
- 2.05
- Q1
- 1.00
- KVUE
- 0.98
- Min
- 0.73
Largest peers
- EL
- 1.27
- CL
- 1.03
- KVUE
- 0.98
- HLN
- 0.92
- UL
- 0.79
- KMB
- 0.77
- PG
- 0.73
Debt-to-Equity Ratio (MRQ)
Kenvue (KVUE) has debt-to-equity ratio of 0.83, roughly in line with the peer group’s normal leverage range. Its mix of debt and equity looks typical for the industry.
KVUE
Household & Personal Products industry group
0.83
Group distribution
- Max
- 2.33
- Q3
- 1.61
- KVUE
- 0.83
- Median
- 0.81
- Q1
- 0.40
- Min
- 0.02
Largest peers
- CL
- 16.41
- KMB
- 3.71
- EL
- 2.33
- UL
- 1.61
- KVUE
- 0.83
- PG
- 0.68
- HLN
- 0.52
Financial Strength at a Glance
| Metric | Current stock: KVUE | Industry group median |
|---|---|---|
| Current Ratio (MRQ) | 0.98 | 2.05 |
| Debt-to-Equity Ratio (MRQ) | 0.83 | 0.81 |
| Net Debt / EBITDA | 2.23 | 2.14 |
Dividends
Dividend Yield (TTM)
Kenvue (KVUE) has dividend yield of 4.58%, in the upper peer-yield quartile while still inside the industry range. The dividend offers more cash income per dollar of share price than most peers, though payout coverage still matters.
KVUE
Household & Personal Products industry group
4.58%
Group distribution
- Max
- 5.93%
- KVUE
- 4.58%
- Q3
- 2.99%
- Median
- 1.56%
- Q1
- 0.00%
- Min
- 0.00%
Largest peers
- KMB
- 5.01%
- KVUE
- 4.58%
- UL
- 3.87%
- PG
- 2.85%
- CL
- 2.37%
- HLN
- 2.11%
- EL
- 1.56%
Dividend Payout Ratio (TTM)
Kenvue (KVUE) has payout ratio of 98.51%, above the industry’s usual payout band. A larger share of earnings is going to dividends, so the cushion narrows if profit weakens.
KVUE
Household & Personal Products industry group
98.51%
Group distribution
- KVUE
- 98.51%
- Max
- 98.51%
- Q3
- 71.90%
- Median
- 37.08%
- Q1
- 0.00%
- Min
- 0.00%
Largest peers
- EL
- 471.43%
- KVUE
- 98.51%
- KMB
- 97.87%
- CL
- 80.62%
- UL
- 78.60%
- PG
- 61.80%
- HLN
- 37.08%
Dividends at a Glance
| Metric | Current stock: KVUE | Industry group median |
|---|---|---|
| Dividend Yield (TTM) | 4.58% | 1.56% |
| Dividend Payout Ratio (TTM) | 98.51% | 37.08% |