Company Valuation: Unilever PLC

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 120,277 119,234 109,432 136,147 121,203 116,586 - -
Change - -0.87% -8.22% 24.41% -10.98% -3.81% - -
Enterprise Value (EV) 1 145,787 142,910 133,089 160,666 144,279 140,420 139,360 138,495
Change - -1.97% -6.87% 20.72% -10.2% -2.67% -0.75% -0.62%
P/E 20.2x 15.8x 17.1x 24x 21.5x 18.1x 16.7x 15.7x
PBR 7.03x 6.27x 6.05x 6.81x 7.82x 7.25x 6.74x 6.24x
PEG - 0.5x -1.2x -2.3x 40.28x 1.2x 2.05x 2.48x
Capitalization / Revenue 2.29x 1.98x 1.84x 2.24x 2.4x 2.26x 2.17x 2.09x
EV / Revenue 2.78x 2.38x 2.23x 2.64x 2.86x 2.72x 2.59x 2.48x
EV / EBITDA 12.8x 12.5x 11.6x 12.5x 12.7x 12x 11.3x 10.8x
EV / EBIT 15.1x 14.8x 13.4x 14.4x 14.3x 13.5x 12.8x 12.1x
EV / FCF 22.8x 25.3x 18.8x 23.2x 24.4x 21.9x 19.9x 18.8x
FCF Yield 4.39% 3.96% 5.33% 4.31% 4.1% 4.57% 5.03% 5.31%
Dividend per Share 2 1.954 1.883 1.921 1.979 1.82 1.912 2.001 2.093
Rate of return 3.7% 3.55% 3.9% 3.2% 3.27% 3.53% 3.7% 3.87%
EPS 2 2.61 3.364 2.88 2.576 2.59 2.996 3.24 3.444
Distribution rate 74.8% 56% 66.7% 76.8% 70.3% 63.8% 61.8% 60.8%
Net sales 1 52,444 60,073 59,604 60,761 50,503 51,666 53,820 55,741
EBITDA 1 11,382 11,408 11,510 12,803 11,394 11,710 12,300 12,855
EBIT 1 9,636 9,683 9,931 11,179 10,084 10,371 10,909 11,421
Net income 1 6,049 7,642 6,487 5,744 9,469 6,482 6,679 7,302
Net Debt 1 25,510 23,676 23,657 24,519 23,076 23,834 22,774 21,909
Reference price 2 52.85 53.04 49.26 61.87 55.70 54.14 54.14 54.14
Nbr of stocks (in thousands) 2,275,903 2,247,919 2,221,344 2,200,509 2,175,828 2,153,300 - -
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.($)
18.07x2.72x11.99x3.53% 136B
21x4.06x14.8x3.05% 336B
24.71x3.7x15.54x2.34% 72.44B
41.91x6.75x29.3x2.2% 49.67B
20.12x2.81x11.76x4.42% 36.74B
94.79x2.75x16.55x1.44% 35.46B
22.78x1.66x10.66x2.24% 19.88B
20.53x1.32x8.59x1.28% 19.79B
15.65x1.51x8.64x3.38% 19.44B
39.85x5.62x27.53x1.8% 9.96B
Average 31.94x 3.29x 15.53x 2.57% 73.49B
Weighted average by Cap. 25.90x 3.65x 15.00x 2.92%

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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