Kimberly-Clark ($KMB) filed a 10K annual report for 2010 recently so here's an update to the cash flow valuation I posted February 1. This update incorporates the firm's year-end 2010 data. I believe $KMB is undervalued now at $66/share and fairly valued at $82/share on a cash flow valuation basis.
Kimberly-Clark is a leading player in the global health and hygiene category selling bathroom tissues, diapers, feminine products, and paper towels. Its brands include Kleenex, Scott, Huggies, Pull-Ups, and Kotex. Kimberly sells its products directly and distributes them through supermarkets, mass merchandisers, and drugstores, among other outlets. Sales generated outside of North America account for about 45% of the firm's consolidated sales base.