Unilever Pakistan Foods (KASE:UPFL) - Share price, News & Analysis

UPFL fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	5/6
Financial Health	5/6
Dividends	1/6

UPFL Stock Overview

Unilever Pakistan Foods Limited manufactures and sells consumer and commercial food products in Pakistan.

Rewards

Earnings grew by 45.8% over the past year

Risk Analysis

Shares are highly illiquid

High level of non-cash earnings

Latest financial reports are more than 6 months old

Unilever Pakistan Foods Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Unilever Pakistan Foods
Historical stock prices
Current Share Price	PK₨25,000.00
52 Week High	PK₨25,999.00
52 Week Low	PK₨15,401.01
Beta	0.49
1 Month Change	-1.96%
3 Month Change	16.28%
1 Year Change	59.52%
3 Year Change	318.06%
5 Year Change	309.17%
Change since IPO	33,233.33%

Shareholder Returns

	UPFL	PK Food	PK Market
7D	0%	0.3%	-0.5%
1Y	59.5%	-1.0%	-13.6%

Return vs Industry: UPFL exceeded the PK Food industry which returned -1% over the past year.

Return vs Market: UPFL exceeded the PK Market which returned -13.6% over the past year.

Price Volatility

Is UPFL's price volatile compared to industry and market?
UPFL volatility
UPFL Average Weekly Movement	n/a
Food Industry Average Movement	6.3%
Market Average Movement	5.7%
10% most volatile stocks in PK Market	8.9%
10% least volatile stocks in PK Market	3.4%

Stable Share Price: Insufficient data to determine UPFL's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine UPFL's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1948	249	Amir Paracha	https://www.unilever.pk

Unilever Pakistan Foods Limited manufactures and sells consumer and commercial food products in Pakistan. The company offers various products, including beauty bars, fabric conditioners, soups, stock cubes, bouillons, seasonings, sauces, soaps, tea, shower gels, bath additives, shampoos, hair conditioners, ice cream, skin care, hair care, fairness creams, detergents, frozen desserts, toilet bleach, dish washing soaps, glucose based energy drinks, corn oil, corn flour, and food products, as well as bars, liquids, tablets, and capsules. Unilever Pakistan Foods Limited markets and sells its products under Rafhan, Knorr, Energile, Glaxose-D, Food solutions, Best Foods, Lux, Lifebuoy, Lipton, Sunsilk, Surf Excel, Wall’s, Brookebond Supreme, Clear, Comfort, Cornetto, Domex, Dove, Fair & Lovely, Magnum, Pond’s, Vim, Sunlight, and Paddle Pop brand names.

Unilever Pakistan Foods Fundamentals Summary

How do Unilever Pakistan Foods's earnings and revenue compare to its market cap?
UPFL fundamental statistics
Market Cap	PK₨159.25b
Earnings (TTM)	PK₨4.96b
Revenue (TTM)	PK₨18.74b

32.1x

P/E Ratio

8.5x

P/S Ratio

Is UPFL overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
UPFL income statement (TTM)
Revenue	PK₨18.74b
Cost of Revenue	PK₨10.54b
Gross Profit	PK₨8.20b
Other Expenses	PK₨3.24b
Earnings	PK₨4.96b

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	778.09
Gross Margin	43.77%
Net Profit Margin	26.45%
Debt/Equity Ratio	7.6%

How did UPFL perform over the long term?

See historical performance and comparison

Dividends

3.2%

Current Dividend Yield

100%

Payout Ratio

Valuation

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

Valuation Score

0/6

Valuation Score 0/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

32.13x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: UPFL (PKR25000) is trading above our estimate of fair value (PKR9500.94)

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

Price To Earnings Ratio

PE vs Industry: UPFL is poor value based on its Price-To-Earnings Ratio (32.1x) compared to the PK Food industry average (10x).

PE vs Market: UPFL is poor value based on its Price-To-Earnings Ratio (32.1x) compared to the PK market (5.6x).

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate UPFL's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: UPFL is overvalued based on its Price-To-Book Ratio (61.2x) compared to the PK Food industry average (0.7x).

Future Growth

How is Unilever Pakistan Foods forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

23.2%

Forecasted Food, Beverage & Tobacco industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Unilever Pakistan Foods has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has Unilever Pakistan Foods performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

30.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: UPFL has a high level of non-cash earnings.

Growing Profit Margin: UPFL's current net profit margins (26.5%) are higher than last year (22.5%).

Past Earnings Growth Analysis

Earnings Trend: UPFL's earnings have grown significantly by 30.4% per year over the past 5 years.

Accelerating Growth: UPFL's earnings growth over the past year (45.8%) exceeds its 5-year average (30.4% per year).

Earnings vs Industry: UPFL earnings growth over the past year (45.8%) exceeded the Food industry 4.2%.

Return on Equity

High ROE: UPFL's Return on Equity (190.4%) is considered outstanding.

Financial Health

How is Unilever Pakistan Foods's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: UPFL's short term assets (PKR5.6B) do not cover its short term liabilities (PKR6.4B).

Long Term Liabilities: UPFL's short term assets (PKR5.6B) exceed its long term liabilities (PKR593.4M).

Debt to Equity History and Analysis

Debt Level: UPFL has more cash than its total debt.

Reducing Debt: UPFL's debt to equity ratio has reduced from 8.3% to 7.6% over the past 5 years.

Debt Coverage: UPFL's debt is well covered by operating cash flow (2399.8%).

Interest Coverage: UPFL earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

Dividend

What is Unilever Pakistan Foods's current dividend yield, its reliability and sustainability?

Dividend Score

1/6

Dividend Score 1/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

3.24%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: UPFL's dividend (3.24%) isn’t notable compared to the bottom 25% of dividend payers in the PK market (3.67%).

High Dividend: UPFL's dividend (3.24%) is low compared to the top 25% of dividend payers in the PK market (10.97%).

Stability and Growth of Payments

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

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

Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (99.8%), UPFL's dividend payments are not well covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (122.7%), UPFL's dividend payments are not well covered by cash flows.

Discover strong dividend paying companies

Management

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

2.8yrs

Average management tenure

CEO

Amir Paracha

2.25yrs

Tenure

Mr. Amir R. Paracha is the Chief Executive Officer and Executive Director of Unilever Pakistan Foods Limited since February 1, 2020. He has been an Executive Director of Unilever Pakistan Ltd. since Januar...

Leadership Team

Experienced Management: UPFL's management team is considered experienced (2.8 years average tenure).

Board Members

Experienced Board: UPFL's board of directors are considered experienced (4.6 years average tenure).

Ownership

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

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

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

Data	Last Updated (UTC time)
Company Analysis	2022/05/24 00:00
End of Day Share Price	2022/05/10 00:00
Earnings	2021/09/30
Annual Earnings	2020/12/31