Company Valuation: Unilever PLC

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,20,277 1,19,234 1,09,432 1,36,147 1,21,203 1,18,284 - -
Change - -0.87% -8.22% 24.41% -10.98% -2.41% - -
Enterprise Value (EV) 1 1,45,787 1,42,910 1,33,089 1,60,666 1,44,279 1,41,760 1,41,020 1,40,278
Change - -1.97% -6.87% 20.72% -10.2% -1.75% -0.52% -0.53%
P/E 20.2x 15.8x 17.1x 24x 21.5x 18.1x 16.8x 16x
PBR 7.03x 6.27x 6.05x 6.81x 7.82x 7.38x 6.76x 6.25x
PEG - 0.5x -1.2x -2.3x 40.28x 1.1x 2.19x 3.29x
Capitalization / Revenue 2.29x 1.98x 1.84x 2.24x 2.4x 2.29x 2.21x 2.13x
EV / Revenue 2.78x 2.38x 2.23x 2.64x 2.86x 2.74x 2.63x 2.53x
EV / EBITDA 12.8x 12.5x 11.6x 12.5x 12.7x 12.1x 11.5x 10.9x
EV / EBIT 15.1x 14.8x 13.4x 14.4x 14.3x 13.7x 13x 12.3x
EV / FCF 22.8x 25.3x 18.8x 23.2x 24.4x 22.9x 20.7x 19.2x
FCF Yield 4.39% 3.96% 5.33% 4.31% 4.1% 4.36% 4.82% 5.2%
Dividend per Share 2 1.954 1.883 1.921 1.979 1.82 1.895 1.977 2.074
Rate of return 3.7% 3.55% 3.9% 3.2% 3.27% 3.45% 3.6% 3.77%
EPS 2 2.61 3.364 2.88 2.576 2.59 3.033 3.266 3.424
Distribution rate 74.8% 56% 66.7% 76.8% 70.3% 62.5% 60.5% 60.6%
Net sales 1 52,444 60,073 59,604 60,761 50,503 51,753 53,574 55,533
EBITDA 1 11,382 11,408 11,510 12,803 11,394 11,684 12,258 12,818
EBIT 1 9,636 9,683 9,931 11,179 10,084 10,383 10,861 11,388
Net income 1 6,049 7,642 6,487 5,744 9,469 6,548 6,776 7,263
Net Debt 1 25,510 23,676 23,657 24,519 23,076 23,476 22,735 21,994
Reference price 2 52.85 53.04 49.26 61.87 55.70 54.94 54.94 54.94
Nbr of stocks (in thousands) 22,75,903 22,47,919 22,21,344 22,00,509 21,75,828 21,52,978 - -
Announcement Date 10/02/22 09/02/23 08/02/24 13/02/25 12/02/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
18.12x2.74x12.13x3.45% 14TCr
22.09x4.29x15.71x2.84% 35TCr
25.22x3.78x15.89x2.29% 7.44TCr
44.61x7.15x31.05x2.11% 5.23TCr
19.92x2.81x11.64x4.47% 3.64TCr
79.78x2.36x14.24x1.71% 2.97TCr
16.32x1.57x8.9x3.24% 1.99TCr
18.42x1.34x7.99x1.28% 1.99TCr
21.91x1.58x10.09x2.36% 1.84TCr
45.54x6.59x31.48x1.59% 1.14TCr
Average 31.19x 3.42x 15.91x 2.53% 7.47TCr
Weighted average by Cap. 25.55x 3.83x 15.61x 2.82%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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