Unilever (ULVR) AI Stock Analysis

• Market Cap: £104.55B
• Dividend Yield: 3.83%
• Average Volume (3M): 3.51M
• Price to Earnings (P/E): 22.5
• Beta (1Y): 0.29
• Revenue Growth: -2.98%
• EPS Growth: -16.90%
• Country: UK
• Employees: 115,964
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Household & Personal Products
• EPS (TTM): 1.50
• Shares Outstanding: 2,181,005,100
• 10 Day Avg. Volume: 3,332,911
• 30 Day Avg. Volume: 3,509,998
• PEG Ratio: -2.36
• Price to Book (P/B): 6.89
• Price to Sales (P/S): 2.27
• P/FCF Ratio: 18.25
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: £5,130.55
• Price Target Upside: 7.03% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 14
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 72 Outperform
• Price Target: 4,946.00p ▲(3.18% Upside)

Unilever's overall stock score reflects strong financial performance and positive corporate events, which are somewhat offset by bearish technical indicators and a high valuation. The company's strategic initiatives, including the demerger, are expected to enhance its market position, but current market momentum remains a concern.

Positive Factors

Strong Developed Markets Performance

Unilever's strong sales growth in developed markets like North America and Europe indicates robust brand strength and market penetration, which are crucial for sustaining long-term revenue and profitability.

Power Brands Growth

The growth of Power Brands, which make up a significant portion of Unilever's turnover, underscores the company's ability to leverage its strong brand portfolio for sustained revenue growth.

Productivity Savings

Achieving significant productivity savings enhances Unilever's operational efficiency, allowing for reinvestment in growth initiatives and margin improvement, supporting long-term financial health.

Negative Factors

Challenges in Latin America

Volume declines in Latin America highlight vulnerability to economic fluctuations and currency impacts, which can hinder growth prospects in this key emerging market.

Higher Costs Impacting Margins

Rising costs and margin pressures could limit Unilever's ability to maintain profitability, affecting its capacity to invest in growth and innovation over the long term.

Currency Impact on Turnover

Currency fluctuations pose a risk to Unilever's revenue stability, especially given its global operations, potentially affecting financial performance and strategic planning.

Unilever Business Overview & Revenue Model

Company Description

Unilever PLC operates as a fast-moving consumer goods company. It operates through Beauty & Personal Care, Foods & Refreshment, and Home Care segments. The Beauty & Personal Care segment provides skin care and hair care products, deodorants, and skin cleansing products. The Foods & Refreshment segment offers ice cream, soups, bouillons, seasonings, mayonnaise, ketchups, and tea categories. The Home Care segment provides fabric solutions and various cleaning products. The company offers its products under the Domestos, OMO, Seventh Generation, Ben & Jerry's, Knorr, Magnum, Wall's, Bango, the Vegetarian Butcher, Axe, Cif, Comfort, Dove, Lifebuoy, Lux, Rexona, Sunsilk, Equilibra, OLLY, Liquid I.V., SmartyPants, Onnit, Hellmann's, and Vaseline brands. Unilever PLC was incorporated in 1894 and is headquartered in London, the United Kingdom.

How the Company Makes Money

Unilever generates revenue through the sale of a vast array of consumer products across its various segments. The company's revenue model is primarily based on the direct sales of its brands to retailers and distributors, which then sell to end consumers. Key revenue streams include personal care products (such as skincare and oral care), home care products (cleaning agents and detergents), food and refreshments (packaged foods and beverages), and beauty and wellness items. Unilever also benefits from strong brand loyalty and a broad distribution network, which includes both traditional retail and e-commerce channels. Additionally, strategic partnerships and collaborations with retailers enhance market reach and visibility, contributing to overall sales growth. The company places a strong emphasis on sustainability and innovation, which helps differentiate its products in a competitive market and supports premium pricing strategies.

Unilever Financial Statement Overview

Summary

Unilever's financials are solid with consistent revenue growth, strong profitability, and efficient cash flow management. The company maintains a stable financial position with strong operational efficiency and profitability, suitable for sustaining its market position in the consumer products industry.

Income Statement

Unilever demonstrates strong profitability with a consistent gross profit margin around 45% over recent years. Despite a slight decline in EBIT and EBITDA margins from 2022 to 2023, the company maintains solid net profit margins and shows an impressive revenue growth rate of 1.92% in the latest period.

Balance Sheet

The balance sheet reflects moderate leverage with a debt-to-equity ratio of 1.53. Return on Equity is robust at 28.75%, indicating effective use of equity. However, the equity ratio stands at 25.06%, which suggests a reliance on debt financing but remains within manageable levels for the industry.

Cash Flow

Unilever's cash flow is strong with a high operating cash flow to net income ratio of 1.66, indicating efficient cash generation. Although free cash flow growth shows a slight decline, the company maintains a healthy free cash flow to net income ratio of 1.31, ensuring liquidity for operations and investments.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	44.71B	60.76B	59.60B	60.07B	52.44B	50.72B
Gross Profit	11.32B	27.37B	25.18B	24.17B	22.18B	22.04B
EBITDA	8.60B	11.74B	11.99B	13.07B	10.82B	10.72B
Net Income	3.80B	5.74B	6.49B	7.64B	6.05B	5.58B
Balance Sheet
Total Assets	76.00B	79.75B	75.27B	77.82B	75.09B	67.66B
Cash, Cash Equivalents and Short-Term Investments	5.31B	7.63B	6.11B	5.52B	4.50B	6.30B
Total Debt	32.02B	30.66B	28.59B	28.44B	29.67B	26.77B
Total Liabilities	56.07B	57.20B	54.50B	56.12B	55.35B	50.00B
Stockholders Equity	17.80B	19.99B	18.10B	19.02B	17.11B	15.27B
Cash Flow
Free Cash Flow	5.83B	7.55B	7.68B	5.66B	6.73B	8.13B
Operating Cash Flow	7.30B	9.52B	9.43B	7.28B	7.97B	9.06B
Investing Cash Flow	-557.00M	-625.00M	-2.29B	2.45B	-3.25B	-1.48B
Financing Cash Flow	-6.26B	-6.94B	-7.19B	-8.89B	-7.10B	-5.80B

Unilever Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 4793.50
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:ULVR, the sentiment is Negative. The current price of 4793.5 is below the 20-day moving average (MA) of 4821.47, below the 50-day MA of 4854.17, and below the 200-day MA of 4828.90, indicating a bearish trend. The MACD of -11.17 indicates Negative momentum. The RSI at 46.71 is Neutral, neither overbought nor oversold. The STOCH value of 42.92 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:ULVR.

Unilever Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ABF	77 Outperform	£15.03B	14.96	9.22%	2.97%	-3.06%	-26.93%
RKT	76 Outperform	£40.05B	32.79	17.41%	3.43%	-2.41%	-16.41%
ULVR	72 Outperform	£104.55B	22.52	28.78%	3.83%	-2.98%	-16.90%
BATS	71 Outperform	£92.97B	30.77	6.03%	5.59%	-2.24%	―
DGE	68 Neutral	£37.41B	20.55	22.29%	4.72%	-2.83%	-40.42%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
PZC	54 Neutral	£314.20M	-54.20	-2.51%	4.81%	-2.67%	89.86%

Unilever Corporate Events

Unilever Completes Demerger of Ice Cream Business

Unilever has announced the completion of the demerger of its ice cream business, now named The Magnum Ice Cream Company N.V. (TMICC), set to be effective on December 6, 2025. TMICC shares will be listed and traded in Amsterdam, London, and New York starting December 8, 2025. This strategic move is accompanied by a share consolidation to maintain share price comparability, reflecting Unilever’s efforts to optimize its business structure and enhance shareholder value.

Unilever Cancels Over 13 Million Treasury Shares

Unilever PLC announced the cancellation of 13,288,138 ordinary shares held in treasury, reducing the total number of shares in issue to 2,511,709,200. This move is part of Unilever’s ongoing efforts to manage its capital structure effectively, potentially impacting shareholder value and market perception.

Unilever Updates Shareholders on Voting Rights and Capital Structure

Unilever PLC announced an update on its voting rights and capital structure as of November 28, 2025. The company’s issued share capital consists of over 2.5 billion ordinary shares, with a portion held as treasury shares and by companies within the Unilever group, which do not carry voting rights. This update provides shareholders with the necessary information to assess their interests in Unilever PLC under the UK Financial Conduct Authority’s rules, impacting how they calculate and report changes in their shareholdings.

Unilever Director Acquires Company Shares

Unilever PLC has announced a transaction involving Zoe Yujnovich, a Non-Executive Director of the company, who has purchased 1,610 ordinary shares of Unilever PLC. The transaction, valued at £72,274.11, took place on November 18, 2025, on the London Stock Exchange, reflecting continued confidence in the company’s market position and potential for growth.

Unilever Executive Sells Shares in Significant Transaction

Unilever PLC announced a transaction involving Fabian Garcia, the Business Group President of Personal Care, who sold 33,500 Unilever PLC ordinary shares at $61.00 each, totaling $2,043,500. This transaction, conducted on the New York Stock Exchange, reflects internal financial activities and may impact perceptions of Unilever’s stock value among stakeholders.

Unilever Updates Demerger and Share Consolidation Timetable

Unilever has announced an updated timetable for the demerger of its subsidiary, The Magnum Ice Cream Company N.V., and the associated consolidation of its share capital, following delays due to a US federal government shutdown. The demerger is expected to be completed by December 6, 2025, with the Magnum Ice Cream Company shares commencing trading on major stock exchanges by December 8, 2025. This strategic move is anticipated to streamline Unilever’s operations and enhance its market positioning, potentially impacting stakeholders by offering clearer investment opportunities and focusing on core business areas.

Unilever PLC Updates Voting Rights and Capital Structure

Unilever PLC announced an update on its voting rights and capital structure as of October 31, 2025. The company reported a total of 2,524,997,338 ordinary shares, with 71,366,436 held as treasury shares and 1,743,681 held by Unilever Group, leaving 2,451,887,221 shares with voting rights. This update is crucial for shareholders to determine their notification obligations under the UK Financial Conduct Authority’s rules.

Unilever Publishes Final Terms for EUR 1.65 Billion Notes

Unilever PLC has announced the publication of final terms for two series of notes under its $25 billion Debt Issuance Programme. The notes, valued at EUR 850 million and EUR 800 million, are due in 2032 and 2037 respectively, and are guaranteed by Unilever PLC and Unilever United States, Inc. This move is part of Unilever’s strategic financial management, aiming to strengthen its capital structure and support its long-term growth objectives.

Unilever Addresses Shareholder Concerns on Directors’ Remuneration

Unilever PLC announced the results of its Annual General Meeting, revealing that 72.29% of votes supported the Directors’ Remuneration Report. Despite the majority support, Unilever engaged with shareholders who opposed the report to understand their concerns, which included the handling of long-term incentive awards for former executives and the approach to setting pay for new appointments. The company acknowledged these concerns and committed to aligning future practices with market standards, indicating a shift in its remuneration policy to address shareholder feedback and enhance transparency.

Unilever Executive Sells Shares on Amsterdam Stock Exchange

Unilever PLC announced a transaction involving Heiko Schipper, the Business Group President for Foods, who sold 4,173.37167 of the company’s ordinary shares on the Amsterdam Stock Exchange. The sale, valued at €223,212.53, reflects internal managerial transactions and may have implications for the company’s stock performance and stakeholder perceptions.

Unilever Announces Executive Share Transactions

Unilever PLC announced a transaction involving Fabian Garcia, the Business Group President for Personal Care and a member of the Unilever Leadership Executive. The transaction included the cancellation of 24,461.862 PLC ADR shares and the granting of 26,576.808 PLC ADR shares, valued at $1,656,266.67, both conducted outside a trading venue. These transactions reflect internal adjustments in share awards for managerial responsibilities, potentially impacting the company’s executive compensation structure and shareholder interests.

Unilever Publishes Supplement for $25 Billion Debt Programme

Unilever PLC has announced the publication of a supplement related to its $25 billion Debt Issuance Programme, approved by the Financial Conduct Authority. This development is part of Unilever’s strategic financial management, potentially impacting its market positioning by enhancing its capital structure and providing flexibility for future investments.

Unilever Reports Strong Q3 Growth and Prepares for Ice Cream Demerger

Unilever reported a 3.9% underlying sales growth in the third quarter of 2025, driven by strong performances across its business groups, particularly in beauty and wellbeing. The company is on track to meet its full-year outlook, despite a decline in turnover due to currency impacts and net disposals. Unilever is set to complete the demerger of its ice cream business, which will simplify its operations and enhance its focus on higher-margin segments. The demerger is expected to create a world-leading ice cream business, The Magnum Ice Cream Company, and improve Unilever’s structural margin profile. The company continues to see growth in developed markets, with a notable performance in North America, and is making strides in emerging markets, particularly in Indonesia and China.

Unilever Shareholders Approve Key Resolutions Amidst Demerger Plans

Unilever PLC announced the successful passage of two special resolutions at its general meeting, which were related to the consolidation of its share capital following the demerger of The Magnum Ice Cream Company N.V. The resolutions, which include amendments to the company’s articles of association and authority to purchase its own shares, were overwhelmingly approved by shareholders. This strategic move is part of Unilever’s broader efforts to streamline its operations and enhance shareholder value, although the timeline for the demerger will be adjusted due to the ongoing US federal government shutdown.

Unilever Revises Demerger Timetable Amid US Government Shutdown

Unilever PLC has announced a revision to the timetable for the demerger of The Magnum Ice Cream Company N.V. due to the ongoing US federal government shutdown, which has delayed the US Securities and Exchange Commission’s ability to approve necessary registration statements. Despite this delay, Unilever remains committed to completing the demerger within 2025 and will provide further updates on the revised schedule. The shareholder meeting to vote on the proposed share consolidation related to the demerger will proceed as planned, although its implementation timeline will also be adjusted. This development could impact Unilever’s strategic operations and market positioning, particularly in the ice cream sector, and stakeholders should be aware of potential changes in the company’s structural and financial dynamics.

Unilever Appoints Belén Garijo López as Independent Non-Executive Director

Unilever PLC has appointed Belén Garijo López as an independent Non-Executive Director, effective from May 13, 2026. Belén, who brings extensive experience from the FMCG and healthcare sectors, is expected to enhance the board’s capabilities with her proven leadership in diversity and international collaboration. This strategic appointment is anticipated to strengthen Unilever’s board, potentially impacting its operations and market positioning positively.

Unilever to Demerge Ice Cream Business, Creating New Listed Entity

Unilever PLC has announced the separation of its ice cream business, which will be executed through a demerger, resulting in the creation of The Magnum Ice Cream Company N.V. as a separate listed entity. This strategic move is accompanied by a proposed share consolidation to maintain share price comparability, requiring shareholder approval at a general meeting. The demerger is expected to complete by November 2025, with the new company’s shares commencing trading shortly thereafter. This separation is part of Unilever’s broader strategy to streamline operations and focus on its core business areas, potentially impacting its market positioning and stakeholder interests.

Unilever Updates Voting Rights and Capital Structure

Unilever PLC announced an update on its voting rights and capital structure as of September 30, 2025. The company reported an issued share capital of 2,524,997,338 ordinary shares, with 2,451,885,256 shares having voting rights. This update is in accordance with the UK Financial Conduct Authority’s rules and is crucial for shareholders to determine their notification requirements regarding their interest in the company.

Unilever Issues Corrective Statement on Director Shareholding

Unilever PLC issued a corrective statement regarding a previous announcement about Director/PDMR shareholding, specifically updating the number of shares for Peter Ter Kulve, Business Group President of Ice Cream. The amendment reflects changes in the aggregated volume of EUR shares due to reinvestment of dividends, highlighting transparency in Unilever’s managerial disclosures.

Unilever Executives Reinvest Dividends in Company Shares

Unilever PLC has disclosed transactions involving its senior executives reinvesting dividends into company shares during an open trading period. This move, involving key figures such as the CFO and other leadership executives, underscores confidence in the company’s financial health and strategic direction, potentially boosting stakeholder trust and market perception.