Company Valuation: Unilever PLC

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 120,277 119,234 109,432 136,147 121,203 120,406 - -
Change - -0.87% -8.22% 24.41% -10.98% -0.66% - -
Enterprise Value (EV) 1 145,787 142,910 133,089 160,666 144,279 144,240 143,180 142,315
Change - -1.97% -6.87% 20.72% -10.2% -0.03% -0.73% -0.6%
P/E 20.2x 15.8x 17.1x 24x 21.5x 18.7x 17.3x 16.2x
PBR 7.03x 6.27x 6.05x 6.81x 7.82x 7.49x 6.96x 6.45x
PEG - 0.5x -1.2x -2.3x 40.28x 1.2x 2.13x 2.56x
Capitalization / Revenue 2.29x 1.98x 1.84x 2.24x 2.4x 2.33x 2.24x 2.16x
EV / Revenue 2.78x 2.38x 2.23x 2.64x 2.86x 2.79x 2.66x 2.55x
EV / EBITDA 12.8x 12.5x 11.6x 12.5x 12.7x 12.3x 11.6x 11.1x
EV / EBIT 15.1x 14.8x 13.4x 14.4x 14.3x 13.9x 13.1x 12.5x
EV / FCF 22.8x 25.3x 18.8x 23.2x 24.4x 22.5x 20.4x 19.4x
FCF Yield 4.39% 3.96% 5.33% 4.31% 4.1% 4.45% 4.89% 5.16%
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% 3.42% 3.58% 3.74%
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 55.92 55.92 55.92
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
18.24x2.74x12.09x3.5% 137B
21.04x4.06x14.83x3.04% 336B
24.77x3.71x15.57x2.33% 72.61B
41.79x6.73x29.21x2.21% 49.48B
34.36x2.62x14.35x1.55% 36.88B
20.05x2.8x11.7x4.44% 36.61B
23.25x1.7x10.89x2.2% 20.24B
15.78x1.52x8.7x3.35% 19.58B
39.98x5.64x27.62x1.79% 9.98B
33.77x4.36x23.21x2.06% 7.43B
Average 27.30x 3.59x 16.82x 2.65% 72.65B
Weighted average by Cap. 23.24x 3.71x 15.17x 2.95%

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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