QualityDipStocks / Consumer Staples · Household & personal products
Kenvue KVUE
Not in a dip: trading near its 52-week high.
A quality company trading near our fair value estimate.
- Fair value est.
- $19.24at the price
- Market Value
- forming
- Off 52-wk high
- −3%
- Risk vs market
- Lowbeta 0.07
5 bullish · 4 bearish See why
Key levels
Every level vs today’s $19.31
- 52-wk lowlowest close, 1 year$14.24−26.3%
- Fair value est.base case$19.24−0.4%
- PriceFri Oct 30 close$19.31you are here
- 52-wk highhighest close, 1 year$19.88+3.0%
Fair value estimate
How the range is computed
Ten-year free-cash-flow DCF. Same 10-year free-cash-flow model as the base: discount rate 9.5% ±1 point and growth 3.0% ±2 points. Bear = 10.5% and 1.0%; bull = 8.5% and 5.0% (both fade to 3%). A model estimate from public filings, not a forecast of where the price will go.
Price sits inside the range.
What the price implies To be worth today’s price, KVUE’s free cash flow would need to grow about 3% a year for five years; our estimate uses 3%.
Risk vs market
How risk vs market is measured
One year of daily returns (Oct 30 to Oct 30, 252 sessions). Beta = how much KVUE moved for each 1% move in the S&P 500 (SPY); 1.0 moves with the market. Volatility is the yearly standard deviation of daily returns. Past behavior, not a forecast.
Has moved mostly independently of the market, but its own price swings are 1.9× the S&P 500’s (it moves on its own news).
- Beta vs S&P 500
- 0.07
- Volatility
- 24% vs 13% SPY
- Correlation SPY
- 0.04
- Correlation QQQ
- −0.11
Bull vs bear
Rule-based from the data on this page, strongest first. Not advice.
Top bullish points 5 of 5
ValuationP/E of 22.0× is 24% below its own average of 28.8× at the last 3 fiscal year-ends.
Balance sheetPaid down debt: $1.4B at FY2025, 83% less than at FY2023.
GrowthDiluted EPS grew 41% to $0.76 in FY2025.
ValuationFree-cash-flow yield of 6.3% (price / FCF 15.9×): $2.3B of free cash in the last 12 months.
QualityPasses all four of our quality checks: cash generation, returns on capital, growth and balance sheet.
Top bearish points 4 of 5
GrowthSales grew only 0.4% a year from FY2023 to FY2025.
Cash returnsDividends take 94% of earnings ($1.6B paid over 12 months), leaving little to reinvest or raise the payout.
Cash returnsShare count up 0.2% over 12 months, above the −0.6% median for the 27 Consumer Staples companies we cover.
ValuationPrice / book of 3.7×, above the 2.7× median for the 35 Consumer Staples companies we cover.
Who’s talking about it
Notable investors, executives, analysts and public figures on Kenvue in the last 48 hours. Headlines as published, each linked. Their words, not ours.
No notable mentions in the last 48 hours. Checked Nov 1, 9:09 PM ET.
Compare with peers
Closest in size in Household & personal products
All fundamentals
P/E 22.0 · FCF yield 6.3% · ROE 16%
Valuation
- P/E
- 22.0×3-yr-end avg 28.8× · Consumer Staples median 21.7×
- Price / FCF
- 15.9×
- FCF yield
- 6.3%
- EV / EBITDA
- 11.7×
- Price / sales
- 2.39×
- Price / book
- 3.66×
- Market cap
- $37.2Bprice × diluted shares
- Enterprise value
- $38.4B
Growth
- Revenue, 12 months
- $15.5B
- Sales growth, 12 months
- +3.5%vs the 12 months before
- Sales growth, 3 yrs
- +0.4%/yrfrom FY2023
- Diluted EPS, 12 months
- $0.88
- EPS growth, last FY
- +40.7%
- Net income, 12 months
- $1.7B
- Net income growth
- +18%12 months vs before
Profitability
- Gross margin
- 58.3%
- Operating margin
- 17.4%
- Net margin
- 10.9%
- FCF margin
- 15.1%
- Return on equity
- 16%
- Return on invested capital
- 17%
Balance sheet
- Cash & short-term inv.
- $1.0B
- Total debt
- $2.2B
- Net cash
- −$1.2B
- Debt / equity
- 0.22×
- Interest coverage
- 6.4×operating income / interest
Cash flow & returns
- Free cash flow, 12 months
- $2.3B
- FCF growth, 12 months
- +43%
- Dividend yield
- 4.29%$1.6B paid
- Payout ratio
- 94%
- Buybacks, 12 months
- $0
- Share count, 1 year
- +0.2%diluted shares vs a year ago
- Stock-based comp
- $120M
Trailing 12 months to Sep 27, 2026; balance sheet at Sep 27, 2026. From Kenvue’s SEC filings. Sparklines show up to six fiscal years. n/a means we don’t hold that number, with the reason. How each is computed.
Valuation details
DCF $19.24 · FCF value $24.52
Assumes 3.0% growth for 5 years (revenue grew 0.4% a year FY23–FY25; floored at 3%), fading to 3%; 9.5% discount rate, 3% terminal growth. FCF base $1.21 a share (trailing 12 months to Sep 27, 2026), from the 10-Q filed Oct 30, 2026. Net debt $81M, not deducted.
Setup & signals
No setup armed
No setup armed, so there’s no trigger or stop to track yet. Reversal signal rules only arm once a company is in a dip.
Momentum & 52-week range
RSI 60 · 5 days −1.3%
The business
FCF $1.9B · Sales +3%
- Free cash flow, 12 months$1.9B
- Free-cash-flow yield5.1%
- Free-cash-flow margin12%
- Gross margin58%
- Operating margin19%
- Return on invested capital12%
- Return on equity16%
- Sales growth (latest quarter vs year-ago quarter)+3%
- Net debt / EBITDA2.3×
Information only, not investment advice. Fair value estimates and talking points are rule-based model output from public data and can be wrong; stop levels are reference points, not orders. How every number is computed.
Get a text when KVUE fires a reversal signal
One text when a published rule fires on KVUE or any of the 333 quality companies we track: the ticker, the price, the stop and a link to the numbers. Nothing else.