Colgate-Palmolive ($CL) filed a 10K annual report for 2010 recently so here's an update to the cash flow valuation I posted January 28. This update incorporates the firm's year-end 2010 data. I believe $CL is undervalued now at $78/share and fairly valued at $94/share on a cash flow valuation basis.
Colgate-Palmolive is one of the world's largest consumer product companies. In addition to its namesake toothpaste and detergents, the firm manufactures shampoos, shower gels, deodorants, and shaving products. It also owns specialty pet food maker Hill's, which sells its products through veterinarians and specialty pet retailers. Colgate products are sold around the world; about three fourths of sales come from outside the United States.