Company Valuation: Unilever PLC

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 120,277 119,234 109,432 136,147 121,203 105,796 - -
Change - -0.87% -8.22% 24.41% -10.98% -12.71% - -
Enterprise Value (EV) 1 145,787 142,910 133,089 160,666 144,279 128,972 128,273 127,728
Change - -1.97% -6.87% 20.72% -10.2% -10.61% -0.54% -0.42%
P/E ratio 20.2x 15.8x 17.1x 24x 21.5x 16x 14.9x 15.6x
PBR 7.03x 6.27x 6.05x 6.81x 7.82x 6.57x 5.99x 5.59x
PEG - 0.5x -1.2x -2.3x 40.28x 0.9x 1.96x -3.5x
Capitalization / Revenue 2.29x 1.98x 1.84x 2.24x 2.4x 2.06x 1.99x 1.92x
EV / Revenue 2.78x 2.38x 2.23x 2.64x 2.86x 2.51x 2.41x 2.31x
EV / EBITDA 12.8x 12.5x 11.6x 12.5x 12.7x 11.1x 10.5x 10x
EV / EBIT 15.1x 14.8x 13.4x 14.4x 14.3x 12.4x 11.9x 11.3x
EV / FCF 22.8x 25.3x 18.8x 23.2x 24.4x 20.5x 18.6x 17.6x
FCF Yield 4.39% 3.96% 5.33% 4.31% 4.1% 4.88% 5.38% 5.67%
Dividend per Share 2 1.954 1.883 1.921 1.979 - 1.937 2.026 2.109
Rate of return 3.7% 3.55% 3.9% 3.2% - 4% 4.18% 4.35%
EPS 2 2.61 3.364 2.88 2.576 2.59 3.03 3.261 3.115
Distribution rate 74.8% 56% 66.7% 76.8% - 63.9% 62.1% 67.7%
Net sales 1 52,444 60,073 59,604 60,761 50,503 51,360 53,292 55,185
EBITDA 1 11,382 11,408 11,510 12,803 11,394 11,645 12,187 12,729
EBIT 1 9,636 9,683 9,931 11,179 10,084 10,368 10,805 11,307
Net income 1 6,049 7,642 6,487 5,744 9,469 6,544 6,743 7,211
Net Debt 1 25,510 23,676 23,657 24,519 23,076 23,176 22,476 21,932
Reference price 2 52.85 53.04 49.26 61.87 55.70 48.45 48.45 48.45
Nbr of stocks (in thousands) 2,275,903 2,247,919 2,221,344 2,200,509 2,175,828 2,183,682 - -
Announcement Date 10/02/22 09/02/23 08/02/24 13/02/25 12/02/26 - - -
1EUR in Million2EUR
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
16.33x2.56x11.27x3.91% 127B
21.62x4.19x15.36x2.91% 341B
23.4x3.58x15.01x2.41% 70.06B
51.47x9.1x39.19x2.08% 62.61B
18.4x2.64x11x4.84% 33.77B
82.35x2.5x15.24x1.63% 31.19B
13.93x1.44x8.07x3.72% 18.57B
16.8x1.17x7x1.41% 18.54B
50.79x7.07x34.66x1.26% 11.29B
30.55x5.81x21.85x0.95% 11.12B
Average 32.56x 4.01x 17.87x 2.51% 72.53B
Weighted average by Cap. 26.17x 4.05x 16.46x 2.93%

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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