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Kimberly-Clark Corporation — Intrinsic Value & Fair Price

KMB
NASDAQConsumer DefensiveHousehold & Personal ProductsCIK 0000055785kimberly-clark.comAbout KMB
Last close · Oct 16, 2026105.57+1.50 (+1.44%)
Market cap$35.1B
Model value · DCF · Perpetuity growth · 5y
118.94
Kimberly-Clark closed at $105.57 — undervalued by 11% vs model.
64.47the model's range324.23

DCF · Perpetuity growth · 5y leads for a mature, steady company — positive operating income and three years of positive free cash flow. From a five-year discounted cash flow.

Other models
52.01 – 194.53
Wall St. target
117.00 10% below
Below model, 1y
20 of 20 days

Price and model value

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What the marks mean
Daily close

Dividends

Quarterly · as of Oct 16, 2026
Yield, trailing 12 months
4.83%
#27 · Highest dividend yield
Past 2 years
low 3.24%high 5.44%
Dividends per share, a year at a time
$4.49Sep ’21$4.62Sep ’22$4.70Sep ’23$4.84Sep ’24$5.00Sep ’25$5.10TTM
Dividends / free cash flow, FY2025
101.3%
Raised
40+ years in a row
Growth, 5 yrs
2.6% a year
Last change
+1.6% · Mar 2026
Every payment, with ex-dates · latest $1.28, paid Oct 2, 2026

Research on KMB

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How it is valued

Valued asMature & stable
Revenue declining (~-10% recent)Moderate margins (12% net margin)Strong dividend yieldHighly cyclical earningsHigh leverage (D/E 4.8x)
What growth the price implies: the reverse DCF

Key figures

FY2025 · chosen for mature companies
P/E
17.4×
EV / EBITDA
14.0×
FCF yield
4.7%
Dividend yield, TTM
4.83%
Beta
0.28
Cost of capital (WACC)
6.61%
Full financials

Analyst actions

third-party, quoted
09-25Guggenheim · target120.00
09-11Piper Sandler · target118.00
08-05UBS · target116.00
11-13Argus Research · “Buy” from “Hold”upgrade
Ratings, targets and estimates

Comparable companies

by business, not by industry label
Side by side:vs PG

The weekly

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About Kimberly-Clark

Kimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care products in the United States. It operates in two segments, North America and International Personal Care. The North America segment offers disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, reusable underwear, facial and bathroom tissue, paper towels, napkins, wipers, tissue, towels, soaps and sanitizers, and other related products under the Huggies, Pull-Ups, Goodnites, Kotex, Poise, Depend, Kleenex, Scott, Cottonelle, Viva, Wypall , and other brand names. Its International Personal Care segment provides baby and child care, adult care and feminine care, including disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, reusable underwear, and other related products under the Huggies, Kotex, Goodfeel, Intimus, Depend, and other brand names. The company sells its household use products directly to supermarkets, mass merchandisers, drugstores, warehouse clubs, variety and department stores, and other retail outlets, as well as through other distributors and e-commerce. It also sells its professional use products through distributors, directly to manufacturing, lodging, office building, food service, and high-volume public facilities, and through e-commerce. Kimberly-Clark Corporation was founded in 1872 and is headquartered in Dallas, Texas.

CEO
Michael D. Hsu
Headquarters
Dallas, TX
Employees
36,000
IPO
1980-03-17
Full company profile

Model estimates for research reference only, not investment advice. Every model rests on assumptions that may not match what happens; the formulas are in how we value a stock.