Subject: Re: CLX
I just added it to my watch list, however its unlikely I would be an investor at current levels.

The thesis would be that it will return to a higher trading multiple (its currently at 15x TTM EPS). Revenue & Earnings have been flat for a while and there is nothing obvious that would change that trend. Could they earn $8.00 a share in the next few years? sure. Could they get a 18x multiple on that? possibly.

This implies an upside of about 40% - 50% from current levels (trading at just under $100).

If you like the safety of the dividend, its probably a decent entry point; but I am not looking for any income from my investments just yet. Downside certainly looks limited from here, so maybe a safe place to hide... (if you so inclined).

Historical TTM PE Ratio

Year	Q1      Q2	Q3 	Q4
2025	25.63	18.04	19.16	15.39*
2024	74.22	57.52	54.10	42.65
2023	244.08	121.48	175.39	207.77
2022	32.84	33.55	35.14	36.08
2021	23.06	27.84	41.11	75.17
2020	21.42	25.20	19.86	18.04

tecmo
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