Is Colgate-Palmolive (CL) Still A Bargain On Cash Flow?

Colgate-Palmolive has delivered a solid run over the past few years, which naturally raises a practical question for anyone looking at the stock today. Is the current share price of around US$89.95 still in line with the cash flows the business is expected to generate, or has sentiment pulled the market value away from what the underlying cash engine can support? Over the past 5 years, Colgate-Palmolive has returned 35.5%, which puts real money behind the question of how much of that...