KVUE Kenvue
fair · 67
Owner-earnings value$14.52
Price$17.76
Margin of safety
-18.3%
Quality gate · 67/100
Median ROIC9.5%
Gross margin58.2%
Net debt / EBITDA2.4x
FCF conversion127%
Share count / yr+0.5%
Profitable years4/4
Moat & management
Owner-earnings inputs
| Owner earnings (TTM) | 1.81B |
| Owner-earnings yield | 5.3% |
| Free-cash-flow yield | 5.6% |
| Growth used (normalized) | 0.4% |
| Market-implied growth (reverse DCF) | 5.2% |
| Terminal growth | 3.0% |
| Discount rate (hurdle) | 9.0% |
Projected owner earnings
| Yr | Owner earnings | Growth | PV |
|---|---|---|---|
| 1 | 1.82B | 0.4% | 1.67B |
| 2 | 1.83B | 0.7% | 1.54B |
| 3 | 1.85B | 1.0% | 1.43B |
| 4 | 1.87B | 1.3% | 1.33B |
| 5 | 1.90B | 1.5% | 1.24B |
| 6 | 1.94B | 1.8% | 1.16B |
| 7 | 1.98B | 2.1% | 1.08B |
| 8 | 2.03B | 2.4% | 1.02B |
| 9 | 2.08B | 2.7% | 958.82M |
| 10 | 2.14B | 3.0% | 906.04M |
⚠ maintenance capex ≈ min(capex, D&A), capped at FCF · Price pays for ~5%/yr owner-earnings growth over 10y (reverse DCF); model credits 0%.