Company Valuation: Unilever PLC

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 120,277 119,234 109,432 136,147 121,203 117,384 - -
Change - -0.87% -8.22% 24.41% -10.98% -3.15% - -
Enterprise Value (EV) 1 145,787 142,910 133,089 160,666 144,279 141,210 140,304 139,442
Change - -1.97% -6.87% 20.72% -10.2% -2.13% -0.64% -0.61%
P/E 20.2x 15.8x 17.1x 24x 21.5x 18x 16.6x 15.8x
PBR 7.03x 6.27x 6.05x 6.81x 7.82x 7.3x 6.78x 6.28x
PEG - 0.5x -1.2x -2.3x 40.28x 1x 2.02x 3.28x
Capitalization / Revenue 2.29x 1.98x 1.84x 2.24x 2.4x 2.27x 2.18x 2.11x
EV / Revenue 2.78x 2.38x 2.23x 2.64x 2.86x 2.73x 2.61x 2.5x
EV / EBITDA 12.8x 12.5x 11.6x 12.5x 12.7x 12.1x 11.4x 10.8x
EV / EBIT 15.1x 14.8x 13.4x 14.4x 14.3x 13.6x 12.9x 12.2x
EV / FCF 22.8x 25.3x 18.8x 23.2x 24.4x 21.9x 20.1x 19x
FCF Yield 4.39% 3.96% 5.33% 4.31% 4.1% 4.56% 4.98% 5.27%
Dividend per Share 2 1.954 1.883 1.921 1.979 1.82 1.912 1.999 2.097
Rate of return 3.7% 3.55% 3.9% 3.2% 3.27% 3.51% 3.67% 3.85%
EPS 2 2.61 3.364 2.88 2.576 2.59 3.036 3.286 3.444
Distribution rate 74.8% 56% 66.7% 76.8% 70.3% 63% 60.8% 60.9%
Net sales 1 52,444 60,073 59,604 60,761 50,503 51,655 53,796 55,708
EBITDA 1 11,382 11,408 11,510 12,803 11,394 11,710 12,285 12,852
EBIT 1 9,636 9,683 9,931 11,179 10,084 10,371 10,894 11,419
Net income 1 6,049 7,642 6,487 5,744 9,469 6,574 6,806 7,302
Net Debt 1 25,510 23,676 23,657 24,519 23,076 23,827 22,921 22,058
Reference price 2 52.85 53.04 49.26 61.87 55.70 54.51 54.51 54.51
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.($)
17.95x2.73x12.06x3.51% 136B
21.15x4.09x14.92x3.04% 339B
25.37x3.79x15.92x2.28% 74.35B
43.47x7.01x30.4x2.12% 51.75B
20.23x2.82x11.83x4.39% 36.94B
85.45x2.51x15.15x1.59% 31.96B
23.85x1.75x11.16x2.14% 20.96B
21.5x1.4x8.94x1.21% 20.47B
16.29x1.56x8.89x3.25% 20.18B
44.67x6.37x31.01x1.54% 11.29B
Average 31.99x 3.40x 16.03x 2.51% 74.25B
Weighted average by Cap. 25.58x 3.71x 15.24x 2.9%

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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