Company Valuation: Unilever PLC

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 120,277 119,234 109,432 136,147 121,203 108,809 - -
Change - -0.87% -8.22% 24.41% -10.98% -10.23% - -
Enterprise Value (EV) 1 145,787 142,910 133,089 160,666 144,279 132,282 131,686 131,118
Change - -1.97% -6.87% 20.72% -10.2% -8.32% -0.45% -0.43%
P/E 20.2x 15.8x 17.1x 24x 21.5x 16.6x 15.4x 14.8x
PBR 7.03x 6.27x 6.05x 6.81x 7.82x 6.83x 6.23x 5.72x
PEG - 0.5x -1.2x -2.3x 40.28x 1x 2.03x 3.16x
Capitalization / Revenue 2.29x 1.98x 1.84x 2.24x 2.4x 2.11x 2.04x 1.97x
EV / Revenue 2.78x 2.38x 2.23x 2.64x 2.86x 2.57x 2.47x 2.37x
EV / EBITDA 12.8x 12.5x 11.6x 12.5x 12.7x 11.3x 10.8x 10.3x
EV / EBIT 15.1x 14.8x 13.4x 14.4x 14.3x 12.8x 12.2x 11.6x
EV / FCF 22.8x 25.3x 18.8x 23.2x 24.4x 21.4x 19.4x 18.3x
FCF Yield 4.39% 3.96% 5.33% 4.31% 4.1% 4.67% 5.16% 5.45%
Dividend per Share 2 1.954 1.883 1.921 1.979 - 1.895 1.978 2.065
Rate of return 3.7% 3.55% 3.9% 3.2% - 3.76% 3.93% 4.1%
EPS 2 2.61 3.364 2.88 2.576 2.59 3.029 3.259 3.412
Distribution rate 74.8% 56% 66.7% 76.8% - 62.5% 60.7% 60.5%
Net sales 1 52,444 60,073 59,604 60,761 50,503 51,545 53,366 55,292
EBITDA 1 11,382 11,408 11,510 12,803 11,394 11,659 12,204 12,754
EBIT 1 9,636 9,683 9,931 11,179 10,084 10,366 10,820 11,329
Net income 1 6,049 7,642 6,487 5,744 9,469 6,543 6,776 7,263
Net Debt 1 25,510 23,676 23,657 24,519 23,076 23,473 22,877 22,309
Reference price 2 52.85 53.04 49.26 61.87 55.70 50.33 50.33 50.33
Nbr of stocks (in thousands) 2,275,903 2,247,919 2,221,344 2,200,509 2,175,828 2,161,969 - -
Announcement Date 2/10/22 2/9/23 2/8/24 2/13/25 2/12/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
22.22x4.3x15.72x2.84% 350B
24.25x3.65x15.35x2.34% 71.6B
45.64x7.31x31.74x2.08% 54.65B
19.01x2.7x11.19x4.68% 34.79B
82.19x2.48x15.05x1.66% 30.68B
15.03x1.51x8.44x3.43% 18.97B
16.49x1.16x6.92x1.42% 17.95B
20.6x1.47x9.44x2.52% 17.39B
48.75x6.8x33.3x1.32% 10.85B
Average 32.69x 3.48x 16.35x 2.48% 67.45B
Weighted average by Cap. 27.45x 4.09x 16.47x 2.7%

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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