Company Valuation: Unilever

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 120,277 119,234 109,432 136,147 121,203 121,945 - -
Change - -0.87% -8.22% 24.41% -10.98% 0.61% - -
Enterprise Value (EV) 1 145,787 142,910 133,089 160,666 144,279 145,753 144,931 144,085
Change - -1.97% -6.87% 20.72% -10.2% 1.02% -0.56% -0.58%
P/E 20.2x 15.8x 17.1x 24x 21.5x 18.6x 17.3x 16.5x
PBR 7.03x 6.27x 6.05x 6.81x 7.82x 7.58x 7.05x 6.53x
PEG - 0.5x -1.2x -2.3x 40.28x 1.1x 2.21x 3.51x
Capitalization / Revenue 2.29x 1.98x 1.84x 2.24x 2.4x 2.36x 2.27x 2.19x
EV / Revenue 2.78x 2.38x 2.23x 2.64x 2.86x 2.82x 2.7x 2.59x
EV / EBITDA 12.8x 12.5x 11.6x 12.5x 12.7x 12.5x 11.8x 11.2x
EV / EBIT 15.1x 14.8x 13.4x 14.4x 14.3x 14x 13.3x 12.6x
EV / FCF 22.8x 25.3x 18.8x 23.2x 24.4x 21.3x 20.8x 19.7x
FCF Yield 4.39% 3.96% 5.33% 4.31% 4.1% 4.69% 4.81% 5.09%
Dividend per Share 2 1.954 1.883 1.921 1.979 1.82 1.916 1.997 2.093
Rate of return 3.7% 3.55% 3.9% 3.2% 3.27% 3.38% 3.53% 3.7%
EPS 2 2.61 3.364 2.88 2.576 2.59 3.04 3.278 3.432
Distribution rate 74.8% 56% 66.7% 76.8% 70.3% 63% 60.9% 61%
Net sales 1 52,444 60,073 59,604 60,761 50,503 51,692 53,751 55,647
EBITDA 1 11,382 11,408 11,510 12,803 11,394 11,699 12,280 12,846
EBIT 1 9,636 9,683 9,931 11,179 10,084 10,401 10,890 11,414
Net income 1 6,049 7,642 6,487 5,744 9,469 6,582 6,794 7,279
Net Debt 1 25,510 23,676 23,657 24,519 23,076 23,809 22,986 22,140
Reference price 2 52.85 53.04 49.26 61.87 55.70 56.63 56.63 56.63
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 10/02/22 09/02/23 08/02/24 13/02/25 12/02/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
21.21x4.13x15.13x2.96% 335B
24.85x3.73x15.68x2.3% 73.3B
43.78x7.05x30.59x2.11% 51.88B
20.26x2.85x11.81x4.39% 37.08B
82.09x2.43x14.64x1.66% 30.71B
18.74x1.37x8.18x1.26% 20.32B
16.01x1.54x8.77x3.3% 19.7B
22.41x1.62x10.33x2.31% 19.2B
45.51x6.59x31.48x1.59% 11.49B
Average 32.76x 3.48x 16.29x 2.43% 66.54B
Weighted average by Cap. 26.92x 3.95x 16.02x 2.74%

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