LSE:ULVR

Stock Analysis Report

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Executive Summary

Unilever PLC operates as a fast-moving consumer goods company in Asia, Africa, the Middle East, Turkey, Russia, Ukraine, Belarus, the Americas, and Europe. More Details


Snowflake Analysis

Average dividend payer with acceptable track record.


Similar Companies

Share Price & News

How has Unilever's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ULVR is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: ULVR's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

-0.7%

ULVR

-0.7%

GB Personal Products

0.3%

GB Market


1 Year Return

-14.5%

ULVR

-14.4%

GB Personal Products

0.8%

GB Market

Return vs Industry: ULVR underperformed the UK Personal Products industry which returned -12.9% over the past year.

Return vs Market: ULVR underperformed the UK Market which returned 1.1% over the past year.


Shareholder returns

ULVRIndustryMarket
7 Day-0.7%-0.7%0.3%
30 Day-10.8%-10.8%3.2%
90 Day-11.0%-10.9%4.5%
1 Year-11.5%-14.5%-11.4%-14.4%6.7%0.8%
3 Year10.9%0.6%10.9%0.6%11.5%-1.9%
5 Year43.6%22.2%43.6%22.2%41.8%14.5%

Long-Term Price Volatility Vs. Market

How volatile is Unilever's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Unilever undervalued compared to its fair value and its price relative to the market?

20.73x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: ULVR (£38.12) is trading above our estimate of fair value (£37.1)

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


Price To Earnings Ratio

PE vs Industry: ULVR is poor value based on its PE Ratio (20.7x) compared to the XE Personal Products industry average (20.6x).

PE vs Market: ULVR is good value based on its PE Ratio (20.7x) compared to the UK market (24.3x).


Price to Earnings Growth Ratio

PEG Ratio: ULVR is poor value based on its PEG Ratio (2.8x)


Price to Book Ratio

PB vs Industry: ULVR is overvalued based on its PB Ratio (7.6x) compared to the GB Personal Products industry average (1.9x).


Next Steps

Future Growth

How is Unilever forecast to perform in the next 1 to 3 years based on estimates from 21 analysts?

7.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ULVR's forecast earnings growth (7.4% per year) is above the savings rate (1%).

Earnings vs Market: ULVR's earnings (7.4% per year) are forecast to grow slower than the UK market (22.9% per year).

High Growth Earnings: ULVR's earnings are forecast to grow, but not significantly.

Revenue vs Market: ULVR's revenue (3% per year) is forecast to grow slower than the UK market (7.3% per year).

High Growth Revenue: ULVR's revenue (3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ULVR's Return on Equity is forecast to be very high in 3 years time (44.2%).


Next Steps

Past Performance

How has Unilever performed over the past 5 years?

6.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ULVR has high quality earnings.

Growing Profit Margin: ULVR's current net profit margins (11%) are higher than last year (10.8%).


Past Earnings Growth Analysis

Earnings Trend: ULVR's earnings have grown by 6% per year over the past 5 years.

Accelerating Growth: ULVR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ULVR had negative earnings growth (-0.8%) over the past year, making it difficult to compare to the Personal Products industry average (31.4%).


Return on Equity

High ROE: Whilst ULVR's Return on Equity (34.4%) is high, this metric is skewed due to their high level of debt.


Next Steps

Financial Health

How is Unilever's financial position?


Financial Position Analysis

Short Term Liabilities: ULVR's short term assets (€16.2B) do not cover its short term liabilities (€20.6B).

Long Term Liabilities: ULVR's short term assets (€16.2B) do not cover its long term liabilities (€29.4B).


Debt to Equity History and Analysis

Debt Level: ULVR's debt to equity ratio (142.5%) is considered high.

Reducing Debt: ULVR's debt to equity ratio has increased from 90.3% to 142.5% over the past 5 years.

Debt Coverage: ULVR's debt is well covered by operating cash flow (36%).

Interest Coverage: ULVR's interest payments on its debt are well covered by EBIT (19x coverage).


Balance Sheet


Next Steps

Dividend

What is Unilever current dividend yield, its reliability and sustainability?

3.82%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ULVR's dividend (3.82%) is higher than the bottom 25% of dividend payers in the UK market (1.47%).

High Dividend: ULVR's dividend (3.82%) is low compared to the top 25% of dividend payers in the UK market (4.48%).


Stability and Growth of Payments

Stable Dividend: ULVR's dividend payments have been volatile in the past 10 years.

Growing Dividend: ULVR's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (77.7%), ULVR's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: ULVR's dividends in 3 years are forecast to be covered by earnings (67.6% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.0yrs

Average management tenure


CEO

Alan Jope (56 yo)

2.17yrs

Tenure

€4,519,000

Compensation

Mr. Alan W. Jope is a Director at FCLT Global since 2020. Mr. Jope serves as an Executive Director at Unilever PLC and Unilever N.V. since May 02, 2019. He has been President of North Asia at Unilever Sout...


CEO Compensation Analysis

Compensation vs Market: Alan's total compensation ($USD5.46M) is above average for companies of similar size in the UK market ($USD4.01M).

Compensation vs Earnings: Insufficient data to compare Alan's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Alan Jope
CEO & Executive Director2.17yrs€4.52m0.0091%
€ 9.1m
Graeme Pitkethly
CFO & Executive Director4.92yrs€3.74m0.0070%
€ 7.0m
Nitin Paranjpe
Chief Operating Officer1.83yrsno datano data
Richard Williams
Head of Investor Relationsno datano datano data
Ritva Sotamaa
Chief Legal Officer & Group Secretary8.08yrsno datano data
Conny Braams
Chief Digital & Marketing Officer1.17yrsno datano data
Leena Nair
Chief Human Resources Officer5yrsno data0.0010%
€ 1.1m
Jan van der Bijl
Head of Group Taxation19.67yrsno datano data
Herald Belton
Head of Deodorants Businessno datano datano data
Julian Thurston
Head of Secretariat16.42yrsno datano data
Bruno Witvoët
President of Unilever Africano datano datano data
Sanjiv Mehta
President of South Asia1.83yrsno datano data

5.0yrs

Average Tenure

56yo

Average Age

Experienced Management: ULVR's management team is seasoned and experienced (5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Alan Jope
CEO & Executive Director2.17yrs€4.52m0.0091%
€ 9.1m
Graeme Pitkethly
CFO & Executive Director4.92yrs€3.74m0.0070%
€ 7.0m
Andrea Jung
Independent Non-Executive Director2.83yrs€121.00k0.00017%
€ 170.0k
Feike Sijbesma
Independent Non-Executive Director6.33yrs€139.00k0.00038%
€ 380.1k
Strive Masiyiwa
Independent Non-Executive Director4.92yrs€139.00k0.000040%
€ 40.0k
Susan Kilsby
Independent Non-Executive Director1.58yrs€53.00k0.000090%
€ 90.0k
John Rishton
Independent Non-Executive Director7.83yrs€167.00k0.00025%
€ 250.1k
Nils Andersen
Independent Non-Executive Chairman1.33yrs€221.00k0.00080%
€ 800.2k
May-Lung Cha
Independent Non-Executive Director7.83yrs€121.00k0.00013%
€ 130.0k
Jacobus Schraven
Chairman of Unilever NV Foundationno datano datano data
Youngme Moon
Vice Chairman & Senior Independent Director2.83yrs€169.00k0.00013%
€ 130.0k
Judith Hartmann
Independent Non-Executive Director5.92yrs€146.00k0.00010%
€ 100.0k

4.9yrs

Average Tenure

61.5yo

Average Age

Experienced Board: ULVR's board of directors are considered experienced (4.9 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: ULVR insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Unilever PLC's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Unilever PLC
  • Ticker: ULVR
  • Exchange: LSE
  • Founded: 1894
  • Industry: Personal Products
  • Sector: Household
  • Market Cap: UK£100.024b
  • Shares outstanding: 2.62b
  • Website: https://www.unilever.com

Number of Employees


Location

  • Unilever PLC
  • Unilever House
  • 100 Victoria Embankment
  • London
  • Greater London
  • EC4Y 0DY
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
UNOTCUS (Other "Grey Market" OTC)N Y SHS NEWUSUSDJan 1968
UNINXTRA (XETRA Trading Platform)N Y SHS NEWDEEURJan 1968
UNLY.FOTCPK (Pink Sheets LLC)YesPLC Ordinary SharesUSUSDJan 1975
ULVRLSE (London Stock Exchange)YesPLC Ordinary SharesGBGBPJan 1975
UNVBDB (Deutsche Boerse AG)YesPLC Ordinary SharesDEEURJan 1975
UNVBXTRA (XETRA Trading Platform)YesPLC Ordinary SharesDEEURJan 1975
ULVRLBATS-CHIXE (BATS 'Chi-X Europe')YesPLC Ordinary SharesGBGBPJan 1975
ULVRWBAG (Wiener Boerse AG)YesPLC Ordinary SharesATEURJan 1975
ULVRSEP (The Stock Exchange Prague Co. Ltd.)YesPLC Ordinary SharesCZCZKJan 1975
ULVR NBMV (Bolsa Mexicana de Valores)YesPLC Ordinary SharesMXMXNJan 1975
UNAENXTAM (Euronext Amsterdam)YesPLC Ordinary SharesNLEURJan 1975
ULNYSE (New York Stock Exchange)ADS-EA REPR 1 ORD GPB0.03111USUSDMay 1992
UL NBMV (Bolsa Mexicana de Valores)ADS-EA REPR 1 ORD GPB0.03111MXMXNMay 1992
UNVADB (Deutsche Boerse AG)ADS-EA REPR 1 ORD GPB0.03111DEEURMay 1992
ULBASE (Buenos Aires Stock Exchange)CEDEAR EACH 3 REP 1 ADR GPB0.03111ARARSAug 2003
UNI2DB (Deutsche Boerse AG)NV Ordinary SharesDEEURMay 2006
UNI2XTRA (XETRA Trading Platform)NV Ordinary SharesDEEURMay 2006
ULEV34BOVESPA (Bolsa de Valores de Sao Paulo)BDR EACH REPR 1 ADRBRBRLSep 2019

Biography

Unilever PLC operates as a fast-moving consumer goods company in Asia, Africa, the Middle East, Turkey, Russia, Ukraine, Belarus, the Americas, and Europe. It operates through Beauty & Personal Care, Foods...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/03 19:32
End of Day Share Price2021/03/03 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.