Unilever (ULVR)

Sector:

Personal Goods

Index:

FTSE 100

4,429.00p
   
  • Change Today:
    -5.00p
  • 52 Week High: 4,460.00
  • 52 Week Low: 3,694.00
  • Currency: UK Pounds
  • Shares Issued: 2,498.93m
  • Volume: 599,036
  • Market Cap: £110,677m
  • RiskGrade: 121

Key Financials

    (Millions)   (Millions)   (Millions)   (Millions)   (Millions)
Growth Metrics 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Annualisation Factor 1.0 1.0 n/a 1.0 1.0
Dividend Yield 3.3% 3.0% 3.1% 3.2% 2.8%
           
Continuing Operations          
PE Ratio - Adjusted 17.3 19.2 17.8 20.9 20.1
PE Ratio - Diluted 17.5
18.3		 16.5
19.8		 20.1
18.0		 24.5
24.4		 24.0
20.2
PEG - Adjusted 17.3 n/a 3.0 n/a 2.5
PEG - Diluted n/a
n/a		 0.6
n/a		 2.2
0.8		 n/a
n/a		 n/a
2.5
Return on Capital Employed 64.19%
63.74%		 69.59%
62.41%		 0.55%
0.60%		 61.68%
56.50%		 62.13%
65.17%
Operating Margin 16.28%
16.17%		 17.76%
15.89%		 16.61%
18.39%		 15.32%
15.34%		 15.95%
17.99%
           
Continuing & Discontinued Operations          
PE Ratio - Adjusted 17.3 19.2 1,761.0 20.9 20.1
PE Ratio - Diluted 17.5
18.3		 16.5
19.8		 1,988.7
1,777.3		 24.5
24.4		 24.0
20.2
PEG - Adjusted 17.3 0.0 n/a n/a 0.1
PEG - Diluted n/a
n/a		 0.0
0.0		 n/a
n/a		 n/a
n/a		 0.2
0.1

    (Millions)   (Millions)   (Millions)   (Millions)   (Millions)
Gearing 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Net Gearing 140.66% 132.29% 156.18% 142.52% 182.47%

    (Millions)   (Millions)   (Millions)   (Millions)   (Millions)
Value Metrics 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Price/Book Value n/a n/a n/a n/a n/a
Price/Tangible Book Value n/a n/a n/a n/a n/a
Price/ Cash Flow n/a n/a n/a n/a n/a
Price/Revenue n/a n/a n/a n/a n/a
Price/R&D n/a n/a n/a n/a n/a
Net Asset Value per Share (exc. Intangibles) (743.35¢) (737.30¢) (724.84¢) (659.70¢) (655.19¢)
Net Cash per Share n/a n/a n/a n/a n/a

    (Millions)   (Millions)   (Millions)   (Millions)   (Millions)
Annualised Fundamentals 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Continuing Operations          
Revenue 59,604.00 60,073.00 529.37 50,724.00 51,980.00
EBITDA 11,283.00
11,214.00		 12,612.00
11,490.00		 105.53
114.96		 7,773.00
7,779.04		 8,289.00
9,352.00
Depreciation (1,579.00)
(1,579.00)		 (1,946.00)
(1,946.00)		 (17.62)
(17.62)		 n/a
n/a		 n/a
n/a
Net Interest (596.00)
(596.00)		 (537.00)
(537.00)		 (3.47)
(3.47)		 223.00
223.00		 n/a
n/a
Profit Before Tax 9,339.00
9,270.00		 10,337.00
9,215.00		 86.36
95.79		 7,996.00
8,002.04		 8,289.00
9,352.00
           
Revenue per Share 2,369.09¢ 2,357.47¢ 20.36¢ 1,935.81¢ 1,986.62¢
Pre-Tax Profit per Share 371.20¢
368.46¢		 405.66¢
361.63¢		 3.32¢
3.68¢		 305.16¢
305.39¢		 316.80¢
357.42¢
Market Capitalisation   (Millions) 95,630.68 109,954.97 103,736.81 115,476.38 50,836.93
Enterprise Value (EV)   (Millions) 123,094.68 137,626.97 129,988.81 141,573.38 77,707.93
EBITDA/EV 9.17%
9.11%		 9.16%
8.35%		 0.08%
0.09%		 5.49%
5.49%		 10.67%
12.03%
Operating Margin 16.28%
16.17%		 17.76%
15.89%		 16.61%
18.39%		 15.32%
15.34%		 15.95%
17.99%
Capital Employed   (Millions) 15,478.00 15,625.00 16,429.00 13,768.00 14,351.00
Return on Capital Employed 64.19%
63.74%		 69.59%
62.41%		 0.55%
0.60%		 61.68%
56.50%		 62.13%
65.17%
Invested Equity Capital   (Millions) 22,660.00 23,946.00 22,248.00 19,015.00 16,429.00
           
Earnings per Share - Basic 258.00¢
246.39¢		 300.00¢
249.90¢		 233.00¢
260.14¢		 213.00¢
213.22¢		 215.00¢
255.61¢
Earnings per Share - Diluted 256.00¢
244.79¢		 299.00¢
248.77¢		 232.00¢
259.18¢		 212.00¢
212.45¢		 214.00¢
254.62¢
Earnings per Share - Adjusted 260.00¢ 257.00¢ 262.00¢ 248.00¢ 255.00¢
Earnings per Share Growth - Basic -14%
-1%		 29%
-4%		 9%
22%		 -1%
-17%		 -38%
8%
Earnings per Share Growth - Diluted -14%
-2%		 29%
-4%		 9%
22%		 -1%
-17%		 -38%
8%
Earnings per Share Growth - Adjusted 1% -2% 6% -3% 8%
PE Ratio - Diluted 17.5
18.3		 16.5
19.8		 20.1
18.0		 24.5
24.4		 24.0
20.2
PEG - Diluted n/a
n/a		 0.6
n/a		 2.2
0.8		 n/a
n/a		 n/a
2.5
Tax Rate 24.14% 20.42% 23.13% 24.05% 27.30%
Dividend Cover 1.75
1.66		 1.74
1.69		 1.79
1.78		 1.50
1.29		 1.79
1.79
Interest Cover 10.00
9.93		 13.64
12.27		 18.43
20.33		 889.44
890.12		 n/a
n/a
           
Continuing & Discontinued Operations          
Earnings per Share - Basic 258.00¢
246.39¢		 300.00¢
249.90¢		 2.35¢
2.63¢		 213.00¢
213.22¢		 215.00¢
255.61¢
Earnings per Share - Diluted 256.00¢
244.79¢		 299.00¢
248.77¢		 2.34¢
2.62¢		 212.00¢
212.45¢		 214.00¢
254.62¢
Earnings per Share - Adjusted 260.00¢ 257.00¢ 2.65¢ 248.00¢ 255.00¢
Earnings per Share Growth - Basic -14%
-1%		 12,656%
9,401%		 -99%
-99%		 -1%
-17%		 147%
333%
Earnings per Share Growth - Diluted -14%
-2%		 12,668%
9,394%		 -99%
-99%		 -1%
-17%		 146%
333%
Earnings per Share Growth - Adjusted 1% 9,618% -99% -3% 334%
PE Ratio - Diluted 17.5
18.3		 16.5
19.8		 1,988.7
1,777.3		 24.5
24.4		 24.0
20.2
PEG - Diluted n/a
n/a		 0.0
0.0		 n/a
n/a		 n/a
n/a		 0.2
0.1
Dividend Cover 1.75
1.66		 1.74
1.69		 0.02
0.02		 1.50
1.29		 1.79
1.79
Return on Equity (ROE) 28.63%
27.36%		 31.91%
26.59%		 0.27%
0.31%		 29.35%
29.38%		 34.24%
40.71%
Operating Cash Flow per Share 374.66¢ 285.77¢ 306.63¢ 345.69¢ 309.92¢
Gross Cash Flow per Share cn/a cn/a cn/a cn/a cn/a
Cash Incr/Decr per Share (2.42¢) 33.16¢ (0.92¢) 67.66¢ 46.05¢
Capital Expenditure per Share n/a n/a n/a n/a n/a
Dividend per Share 148.45¢ 147.57¢ 146.03¢ 164.80¢ 142.76¢
Dividend per Share Growth 0.60% 1.05% (11.39%) 15.44% (7.83%)
Dividend Yield 3.3% 3.0% 3.1% 3.2% 2.8%
Shareholders Funds 18,102.00 19,021.00 17,107.00 15,266.00 13,192.00
Net Borrowings   (Millions) 25,463.00 25,162.00 26,718.00 21,757.00 24,072.00
Net Asset Value per Share (inc. Intangibles) (849.16¢) (842.48¢) (826.34¢) (750.87¢) (681.71¢)

    (Millions)   (Millions)   (Millions)   (Millions)   (Millions)
Gearing - inc Intangibles 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Shareholders' Funds inc Intangibles 18,102.00 19,021.00 17,107.00 15,266.00 13,192.00
Net Borrowings   (Millions) 25,463.00 25,162.00 26,718.00 21,757.00 24,072.00
Net Gearing 140.66% 132.29% 156.18% 142.52% 182.47%
Cash & Near Cash 4,159.00 4,326.00 3,415.00 5,548.00 4,185.00
Cash 22.98% 22.74% 19.96% 36.34% 31.72%
Gross Borrowings 29,622.00 29,488.00 30,133.00 27,305.00 28,257.00
Gross Gearing 163.64% 155.03% 176.14% 178.86% 214.20%
Borrowings Under 5 years 29,622.00 29,488.00 30,133.00 27,305.00 28,257.00
Under 5 years 163.64% 155.03% 176.14% 178.86% 214.20%
Borrowings Under 1 year n/a n/a n/a n/a n/a
Under 1 year n/a n/a n/a n/a n/a

    (Millions)   (Millions)   (Millions)   (Millions)   (Millions)
Gearing - exc Intangibles 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Shareholders' Funds exc Intangibles (21,364.00) (21,468.00) (21,484.00) (19,675.00) (17,837.00)
Net Borrowings   (Millions) 25,463.00 25,162.00 26,718.00 21,757.00 24,072.00
Net Gearing n/a n/a n/a n/a n/a
Cash & Near Cash 4,159.00 4,326.00 3,415.00 5,548.00 4,185.00
Cash (19.47%) (20.15%) (15.90%) (28.20%) (23.46%)
Gross Borrowings 29,622.00 29,488.00 30,133.00 27,305.00 28,257.00
Gross Gearing 138.65% 137.36% 140.26% 138.78% 158.42%
Borrowings Under 5 years 29,622.00 29,488.00 30,133.00 27,305.00 28,257.00
Under 5 years (138.65%) (137.36%) (140.26%) (138.78%) (158.42%)
Borrowings Under 1 year n/a n/a n/a n/a n/a
Under 1 year n/a n/a n/a n/a n/a

    (Millions)   (Millions)   (Millions)   (Millions)   (Millions)
Cover 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Quick Ratio 0.51 0.52 0.51 0.57 0.58
Current Ratio 0.73 0.75 0.70 0.78 0.78

Key

* GAAP

a. Includes discontinued activities

b. Based on operating cash flow before tax

c. Not disclosed under IFRS

d. Includes non-current assets

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: Normalised ratios are shown in blue text

Note 6: Forecast figures based on normalised accounts.

 

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