Kimberly-Clark: An Interesting Dividend Growth Play, But At A High Premium
Kimberly-Clark(KMB) Seeking Alpha·2024-07-12 12:47
Kimberly-Clark: Company of Brands Cash and Equivalents $853 million Total Current Assets $5.6 billion Total Assets $17.1 billion Total Current Liabilities $6.9 billion Long-Term Debt $7.1 billion Total Shareholder Equity $1.18 billion (Source: Most recent 10-Q from SEC) Here we see that the premium to book value this company is trading at is very dear, with the price/book ratio standing at over 40. The brands of the company are hugely valuable, of course, but it is difficult to justify a premium quite this ...