Unilever PLC

SEP:ULVR Stock Report

Market Cap: Kč3.5t

Unilever Valuation

Is ULVR undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of ULVR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ULVR (CZK1480) is trading above our estimate of fair value (CZK1420.6)

Significantly Below Fair Value: ULVR is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ULVR?

Key metric: As ULVR is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for ULVR. This is calculated by dividing ULVR's market cap by their current earnings.
What is ULVR's PE Ratio?
PE Ratio20.8x
Earnings€6.64b
Market Cap€138.32b

Price to Earnings Ratio vs Peers

How does ULVR's PE Ratio compare to its peers?

The above table shows the PE ratio for ULVR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average37.4x
OR L'Oréal
28.2x7.5%€183.0b
500696 Hindustan Unilever
54x9.6%₹5.5t
HLN Haleon
28.8x10.6%UK£34.8b
KVUE Kenvue
38.8x20.8%US$42.3b
ULVR Unilever
20.8x5.7%Kč114.1b

Price-To-Earnings vs Peers: ULVR is good value based on its Price-To-Earnings Ratio (20.8x) compared to the peer average (37.7x).

Price to Earnings Ratio vs Industry

How does ULVR's PE Ratio compare vs other companies in the European Personal Products Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
ULVR 20.8xIndustry Avg. 24.2xNo. of Companies4PE01224364860+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ULVR is good value based on its Price-To-Earnings Ratio (20.8x) compared to the European Personal Products industry average (24.2x).

Price to Earnings Ratio vs Fair Ratio

What is ULVR's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ULVR PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio20.8x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate ULVR's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst ULVR forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentKč1,480.00
Kč1,486.52
+0.4%
11.5%Kč1,693.94Kč1,176.64n/a17
Dec ’25n/a
Kč1,492.96
0%
11.7%Kč1,698.32Kč1,186.22n/a17
Nov ’25n/a
Kč1,494.97
0%
11.8%Kč1,732.06Kč1,185.09n/a17
Oct ’25Kč1,490.00
Kč1,477.50
-0.8%
11.5%Kč1,707.37Kč1,180.78n/a17
Sep ’25Kč1,390.00
Kč1,455.57
+4.7%
11.5%Kč1,692.38Kč1,161.44n/a17
Aug ’25Kč1,370.00
Kč1,438.48
+5.0%
12.3%Kč1,715.08Kč1,140.79n/a17
Jul ’25n/a
Kč1,325.79
0%
11.1%Kč1,541.66Kč1,086.94n/a16
Jun ’25Kč1,200.00
Kč1,269.00
+5.7%
11.1%Kč1,491.38Kč1,065.63n/a16
May ’25Kč1,190.00
Kč1,252.70
+5.3%
11.5%Kč1,463.51Kč1,053.72n/a16
Apr ’25n/a
Kč1,244.58
0%
12.6%Kč1,481.86Kč1,007.58n/a16
Mar ’25n/a
Kč1,233.21
0%
12.7%Kč1,483.35Kč1,008.79n/a18
Feb ’25Kč1,100.00
Kč1,190.04
+8.2%
12.2%Kč1,457.91Kč948.92n/a18
Jan ’25Kč1,170.00
Kč1,188.66
+1.6%
12.8%Kč1,447.13Kč927.19n/a19
Dec ’24n/a
Kč1,198.43
0%
12.0%Kč1,422.48Kč915.38n/a19
Nov ’24n/a
Kč1,219.19
0%
11.4%Kč1,440.01Kč926.66n/a19
Oct ’24n/a
Kč1,235.55
0%
11.1%Kč1,449.36Kč909.07Kč1,490.0018
Sep ’24n/a
Kč1,243.41
0%
11.9%Kč1,497.34Kč902.10Kč1,390.0019
Aug ’24n/a
Kč1,229.36
0%
11.9%Kč1,479.66Kč891.45Kč1,370.0019
Jul ’24n/a
Kč1,199.56
0%
12.3%Kč1,413.43Kč853.84n/a18
Jun ’24Kč1,300.00
Kč1,187.20
-8.7%
12.4%Kč1,408.42Kč850.82Kč1,200.0018
May ’24n/a
Kč1,163.30
0%
12.6%Kč1,404.21Kč848.28Kč1,190.0018
Apr ’24Kč1,195.00
Kč1,129.11
-5.5%
12.1%Kč1,360.73Kč801.69n/a18
Mar ’24Kč1,070.00
Kč1,136.64
+6.2%
12.1%Kč1,371.16Kč807.83n/a18
Feb ’24n/a
Kč1,146.94
0%
12.4%Kč1,413.04Kč818.88Kč1,100.0018
Jan ’24n/a
Kč1,174.53
0%
10.9%Kč1,355.79Kč881.31Kč1,170.0018
Dec ’23n/a
Kč1,197.14
0%
9.3%Kč1,364.35Kč888.23n/a19

Analyst Forecast: Target price is less than 20% higher than the current share price.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 12:38
End of Day Share Price 2024/12/18 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Unilever PLC is covered by 75 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Robert Jan VosABN AMRO Bank N.V.
Pierre-Yves GauthierAlphaValue
null nullArgus Research Company