# Unilever PLC (ULVR.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Consumer Defensive / Household Products. Price 4746p, market value 102.2 billionp.

## Valuation
- **P/E (trailing): 21.7×** (5-yr avg 1766.8×, 3-yr avg 1829.6×). Unilever PLC trades at 21.7× trailing earnings, well below its own five-year average of 1766.8×: cheap by its own standards. The Consumer Defensive median in the September 2026 study was 20.1×. Forward P/E is 16.0×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.83**. A PEG of 0.83 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 1.2×**. Each dollar of revenue is priced at 1.2×.
- **Price / book: 7.4×**. The shares trade at 7.4× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 7.1×**. Enterprise value is 7.1× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 11.8%** (5-yr avg 0.1%). Free cash flow equals 11.8% of the market value, above its five-year average of 0.1%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 4.6%**. The inverse of the P/E: 4.6% of the price is earned each year.

## Profitability
- **Gross margin: 64.8%**. Unilever PLC keeps 64.8% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 20.1%**. 20.1% of revenue is left after running the business, a healthy level in most sectors.
- **Net margin: 11.9%**. 11.9% of each dollar of sales reaches the bottom line.
- **Return on equity: 38.5%**. 38.5% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on invested capital: 36.1%**. Return on all capital, debt included, is 36.1%: comfortably above what that capital costs.
- **Return on assets: 14.3%**. Each dollar of assets produces 14.3% of profit.

## Growth
- **Revenue growth (1 yr): -16.9%** (3-yr -5.6%/yr, 5-yr -0.1%/yr). Revenue fell 16.9% over the last year, against -0.1% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 19.2%** (3-yr -2.2%/yr, 5-yr 5.2%/yr). Earnings per share rose 19.2%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): 4.2%/yr**. Free cash flow has compounded at 4.2% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 1.91**. Debt is 1.91 times equity, a leveraged balance sheet that needs steady cash flow to service.
- **Net debt / EBITDA: 1.2×**. It would take 1.2 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: 29.4×**. Operating profit covers interest 29.4× over, a safe margin.
- **Current ratio: 0.79** (quick 0.60). Current liabilities exceed current assets, so the company depends on ongoing cash generation or refinancing to pay the next year's bills.
- **Altman Z-score: 2.55**. A Z-score of 2.55 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 7/9**. 7 of 9 fundamental checks pass: strong and improving financials.

## Dividends
- **Dividend yield: 3.46%** (2p per share, trailing). Unilever PLC yields 3.46%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 73%** (55% of free cash flow). 73% of earnings goes out as dividends, leaving a thin cushion.
- **Consecutive years of increases: 1**. 1 straight year of increases.
- **Dividend growth (5 yr): 1.3%/yr** (1-yr 5.6%). The dividend has grown 1.3% a year over five years.
- **Shareholder yield: 5.4%**. Dividends plus net buybacks return 5.4% of the market value a year.

## Analyst view
- **Analyst consensus: hold** (15 analysts). 15 analysts cover Unilever PLC; the consensus is hold, with an average price target of 5276p (+11% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): -7.8%** (YTD -3.2%, 3-mo 12.2%). The shares are down 7.8% over twelve months including dividends.
- **From 52-week high: -14.4%** (30.2% above the low). Trading 14% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 50**. An RSI of 50 is neutral.
- **Beta (1 yr): 0.67** (volatility 22%). Beta of 0.67 against the FTSE All-Share: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=ULVR.L · Page: https://foliofundamentals.com/stocks/ulvr.l

Not investment advice.