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Unilever PLC (ULN) Fair Value & Analysis

Consumer Defensive · MX · Market cap 2.3T MXN

UP Unilever PLC ULN · MX
Price1,080 MXN
Fair Value973.58 MXN
Upside-9.9%
Quality74/100
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Weak Growth
Solidly profitable · 18.8% net margin
High debt · generates free cash flow
0.18% dividend yield
Wide moat 73/100
Evidence: High Range 645.41 MXN – 1,693 MXN Share as image

Fair value as of: Aug 13, 2026

From 24 valuation models · updated yesterday

Fair value updated Aug 13, 2026, revised from 1,273 MXN to 973.58 MXN (−23.5%) since Jul 18, 2026. Share price +6.9% over the past month.

A solid business, currently priced close to our fair value.

What matters now

  • The model range is unusually wide (645.41 MXN to 1,693 MXN). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
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Price vs Fair Value (5 years)

1,417 MXN 859.83 MXN Fair Value 973.58 MXN Apr 2021 Jul 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range 859.83 MXN – 1,417 MXN · fair‑value band 645.41 MXN – 1,693 MXN · the 1,080 MXN price screens above the 973.58 MXN fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Unilever PLC (ULN) currently trades at 1,080 MXN, while our model-based Fair Value estimate is 973.58 MXN, implying the stock looks roughly 9.9% fairly valued today. The Quality Score stands at 74/100 (solid quality), in the Consumer Defensive sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Unilever PLC generated revenue of 50.5B MXN at a net margin of 18.8%. Revenue declined 3.2% year over year. It earns a return on equity of 31.0%. Net debt stands at 22.3B MXN. Fundamentals as of Aug 13, 2026

Our scenario range runs from 645.41 MXN (bear case) to 1,693 MXN (bull case); at 1,080 MXN, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 19% below its 52-week high and 14% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at -53% fair-value upside, at -10%, ULN screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Note: the current price implies far more future growth than the conservative anchors of our models allow (base growth is deliberately capped, we do not regard such extreme rates as sustainable). Our models are not designed for expectations this high; that is why the individual models scatter extremely (4.83 MXN to 92.35 MXN). Read the values as a conservative anchor, not as a price target.
Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF 24.55 MXN 37.69 MXN 61.39 MXN 80
Residual Income 36.65 MXN 55.66 MXN 905.53 MXN 76
Rev-Margin DCF 16.82 MXN 28.69 MXN 43.42 MXN 74
All 24 models by family
DCF Models
FCF DCF 22.93 MXN 36.33 MXN 62.49 MXN 38
Owner Earnings 34.74 MXN 53.04 MXN 88.77 MXN 31
5Y Revenue Exit 16.82 MXN 27.96 MXN 44.25 MXN 39
5Y EBITDA Exit 30.65 MXN 51.81 MXN 80.03 MXN 41
5Y P/E Exit 39.99 MXN 67.92 MXN 101.42 MXN 38
10Y Revenue Exit 18.18 MXN 27.12 MXN 36.73 MXN 36
10Y EBITDA Exit 27.46 MXN 42.39 MXN 58.61 MXN 37
10Y P/E Exit 33.27 MXN 52.70 MXN 71.69 MXN 35
Earnings-Based
Graham-Dodd 29.90 MXN 38.79 MXN 44.39 MXN 54
EPV 28.07 MXN 34.67 MXN 40.55 MXN 59
Dividend Discount
Gordon GGM 19.89 MXN 21.88 MXN 24.93 MXN 70
DDM Multi-Stage 19.89 MXN 25.68 MXN 33.85 MXN 61
Multiples
P/E Multiple 69.26 MXN 92.35 MXN 115.44 MXN 63
P/S Multiple 28.15 MXN 37.53 MXN 46.91 MXN 58
P/B Multiple 29.75 MXN 39.67 MXN 49.59 MXN 55
EV/EBIT 50.61 MXN 70.60 MXN 90.59 MXN 53
EV/EBITDA 42.62 MXN 59.95 MXN 77.28 MXN 54
EV/Revenue 15.27 MXN 25.82 MXN 36.38 MXN 43
Asset-Based
NCAV (Graham) 3.61 MXN 4.83 MXN 7.21 MXN 50
Growth DCF
Growth DCF 24.55 MXN 37.69 MXN 61.39 MXN 80
Rev-Margin DCF 16.82 MXN 28.69 MXN 43.42 MXN 74
Economic Profit
Residual Income 36.65 MXN 55.66 MXN 905.53 MXN 76
ROIC Compounder 28.18 MXN 36.40 MXN 44.97 MXN 72
Growth Earnings
Growth-Adj P/E 48.91 MXN 69.87 MXN 90.83 MXN 68

Widest divergence: Growth Earnings (69.87 MXN) versus Asset-Based (4.83 MXN). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 50.5B MXN
Revenue growth (YoY) -3.2%
Net margin 18.8%
Return on equity 31.0%
Free cash flow 6.8B MXN FY2025
P/E ratio 20.9
More key figures
Operating margin 20.1%
EPS (TTM) 51.62 MXN
Dividend yield 0.2%
EPS growth (YoY) -3.4%
Net debt 22.3B MXN FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 74/100

Of which business quality 70 · Market factors (momentum, volatility) 49

Profitability 74
Margins and returns on capital today
Quality Growth 67
Are margins and returns improving?
Cashflow 56
Earnings quality: real cash, not paper profit
Fin. Strength 45
Balance sheet, leverage, solvency risk
Investment 98
Disciplined investing over empire-building
Low Volatility 91
Calm price path (market factor)
Momentum 34
Price trend over the last 3–12 months (market factor)
52W Momentum 27
Distance to the 52-week high (market factor)
Net Issuance 100
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Unilever PLC operates as a fast-moving consumer goods company in the Asia Pacific, Africa, the Americas, and Europe. It operates through four segments: Beauty & Wellbeing, Personal Care, Home Care, and Foods.

Full company description

Unilever PLC operates as a fast-moving consumer goods company in the Asia Pacific, Africa, the Americas, and Europe. It operates through four segments: Beauty & Wellbeing, Personal Care, Home Care, and Foods. The Beauty & Wellbeing segment offers hair care, such as shampoo, conditioner, and styling; face, hand, and body moisturizer skin care products; and Prestige Beauty and Wellbeing products. The Personal Care segment provides soap and shower skin cleansing products; and deodorant and oral care, including toothpaste, toothbrush, and mouthwash products. The Home Care segment offers washing powders and liquids, and rinse conditioner fabric care products; and a range of home and hygiene cleaning products. The Foods segment provides cooking aids and mini meals comprising soups, bouillons, and seasonings, as well as mayonnaise and ketchup condiments; and Unilever food solutions. The company provides its products under the AXE, Clear, Cif, Closeup, Comfort, Dermalogica, Domestos, Dove, Dove Men+Care, Hellmann's, Horlicks, Knorr, LUX, Lifebuoy, Liquid I.V., Nexxus, Nutrafol, OMO, Pond's, Paula's Choice, Pepsodent, Radiant, Rexona, Sunlight, Sunsilk, Surf, TRESemmé, and Vaseline brand names. Unilever PLC was founded in 1860 and is headquartered in London, the United Kingdom.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Unilever PLC reported revenue of 50.5B MXN in FY2025 versus 52.4B MXN in FY2021, a compound −0.9%/yr. Reported net income was 9.5B MXN in FY2025, compounding +11.9%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
50.5B MXN
Latest YoY
−3.8%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−5.6%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−0.1%
Avg. growth/yr (12Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+0.1%
Revenue −0.9%/yr
FY21 52.4B MXN
FY22 60.1B MXN
FY23 51.7B MXN
FY24 52.5B MXN
FY25 50.5B MXN
Net income +11.9%/yr
FY21 6.0B MXN
FY22 7.6B MXN
FY23 6.5B MXN
FY24 5.7B MXN
FY25 9.5B MXN

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Cite: Fair Value Calculator (2026). "Unilever PLC Fair Value". https://www.fairvalue-calculator.com/stock/ULN

Recent news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Household & Personal Products stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
The Procter & Gamble Company PG $146.80 $108.16 -26%
Hindustan Unilever Limited HINDUNILVR ₹2,063 ₹789.46 -62%
Essity AB ESSITYA kr 276.50 kr 250.02 -10%
Godrej Consumer Products Limited GODREJCP ₹936.90 ₹367.64 -61%
Marico Limited MARICO ₹855.00 ₹233.05 -73%
APR Co 278470 397,000 KRW 137,521 KRW -65%
Dabur India Limited DABUR ₹411.25 ₹175.59 -57%
PT Unilever Indonesia Tbk UNVR 1,760 IDR 1,928 IDR +10%
Amorepacific Corporation 090430 135,700 KRW 84,785 KRW -38%
Colgate-Palmolive (India) Limited COLPAL ₹2,005 ₹945.90 -53%

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Frequently asked questions

Is Unilever PLC (ULN) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 973.58 MXN versus a price of 1,080 MXN, about −10% (fairly valued).
What is the fair value of ULN?
Our model-based fair value for Unilever PLC is 973.58 MXN (as of Aug 13, 2026), built from audited fundamentals. The current price is 1,080 MXN.
What is the quality score of ULN?
Unilever PLC has a Quality Score of 74/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Unilever PLC (ULN)?
Unilever PLC reported trailing-twelve-month revenue of about 50.5B MXN (latest available figure, as of Aug 13, 2026).
What is the net profit margin of ULN?
The net profit margin of Unilever PLC is about 18.8%, meaning it keeps roughly 18.8% of revenue as net income. Based on the latest reported figures.
Does Unilever PLC pay a dividend?
Unilever PLC currently shows a dividend yield of about 0.21% relative to its recent price (as of Aug 13, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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