PT UNILEVER INDONESIA TBK |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 2,590 IDR | -1.89% |
|
+8.82% | -26.63% |
| Apr. 24 | PT Unilever Indonesia Tbk Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
| Mar. 28 | LVMH-backed L Catterton to form consumer-focused JV in India with former HUL CEO | RE |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 320,460,000 | 280,402,500 | 156,796,500 | 179,305,000 | 134,669,500 | 98,808,500 | - | - |
| Enterprise Value (EV) 2 | 322,751 | 283,533 | 158,321 | 179,402 | 133,649 | 97,758 | 97,176 | 96,615 |
| P/E ratio | 43.3 x | 39.1 x | 27.2 x | 33.3 x | 28 x | 19.5 x | 18.5 x | 17.4 x |
| Yield | 2.3% | 2.64% | 3.65% | 2.98% | - | 4.87% | 5.09% | 5.36% |
| Capitalization / Revenue | 7.47 x | 6.53 x | 3.96 x | 4.35 x | 3.49 x | 2.51 x | 2.42 x | 2.32 x |
| EV / Revenue | 7.52 x | 6.6 x | 4 x | 4.35 x | 3.46 x | 2.48 x | 2.38 x | 2.27 x |
| EV / EBITDA | 28.7 x | 26.9 x | 18.1 x | 22.1 x | 18.5 x | 13.2 x | 12.5 x | 11.9 x |
| EV / FCF | 44.7 x | 36.8 x | 21.6 x | 24.2 x | 21.3 x | 21.8 x | 18.5 x | 17.2 x |
| FCF Yield | 2.24% | 2.72% | 4.62% | 4.14% | 4.7% | 4.58% | 5.42% | 5.8% |
| Price to Book | 60.7 x | 56.8 x | 36.3 x | 44.9 x | 39.8 x | 26.4 x | 23.4 x | 21.6 x |
| Nbr of stocks (in thousands) | 38,150,000 | 38,150,000 | 38,150,000 | 38,150,000 | 38,150,000 | 38,150,000 | - | - |
| Reference price 3 | 8,400 | 7,350 | 4,110 | 4,700 | 3,530 | 2,590 | 2,590 | 2,590 |
| Announcement Date | 1/29/20 | 2/3/21 | 2/10/22 | 2/9/23 | 2/7/24 | - | - | - |
1IDR in Million2IDR in Billions3IDR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 42,923 | 42,972 | 39,546 | 41,219 | 38,611 | 39,414 | 40,892 | 42,540 |
| EBITDA 1 | 11,250 | 10,554 | 8,756 | 8,123 | 7,233 | 7,417 | 7,774 | 8,126 |
| EBIT 1 | 10,118 | 9,471 | 7,678 | 7,070 | 6,279 | 6,542 | 6,897 | 7,266 |
| Operating Margin | 23.57% | 22.04% | 19.42% | 17.15% | 16.26% | 16.6% | 16.87% | 17.08% |
| Earnings before Tax (EBT) 1 | 9,902 | 9,207 | 7,497 | 6,994 | 6,202 | 6,547 | 6,816 | 7,154 |
| Net income 1 | 7,393 | 7,164 | 5,758 | 5,365 | 4,801 | 5,053 | 5,314 | 5,599 |
| Net margin | 17.22% | 16.67% | 14.56% | 13.02% | 12.43% | 12.82% | 12.99% | 13.16% |
| EPS 2 | 193.8 | 188.0 | 151.0 | 141.0 | 126.0 | 132.8 | 140.1 | 148.7 |
| Free Cash Flow 3 | 7,220,224 | 7,714,250 | 7,316,928 | 7,422,951 | 6,283,060 | 4,476,829 | 5,266,257 | 5,604,486 |
| FCF margin | 16,821.51% | 17,951.61% | 18,502.34% | 18,008.62% | 16,272.55% | 11,358.41% | 12,878.43% | 13,174.52% |
| FCF Conversion (EBITDA) | 64,178.34% | 73,090.04% | 83,561.31% | 91,384.22% | 86,868.63% | 60,360.89% | 67,741.01% | 68,966.66% |
| FCF Conversion (Net income) | 97,665.13% | 107,687.74% | 127,070.86% | 138,364.99% | 130,871.45% | 88,597.98% | 99,106.56% | 100,099.48% |
| Dividend per Share 2 | 193.0 | 194.0 | 150.0 | 140.0 | - | 126.1 | 131.9 | 138.7 |
| Announcement Date | 1/29/20 | 2/3/21 | 2/10/22 | 2/9/23 | 2/7/24 | - | - | - |
1IDR in Billions2IDR3IDR in Million
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2020 S1 | 2021 S1 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 S1 | 2022 Q3 | 2022 Q4 | 2022 S2 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 21,772 | 20,177 | - | - | 10,625 | 21,463 | - | 9,680 | 19,755 | 10,605 | 9,687 | 10,214 | 8,106 | 10,080 | 9,978 | 10,520 | 9,970 | - | - |
| EBITDA 1 | - | - | - | - | - | - | - | - | - | 2,095 | 2,008 | 2,061 | 1,068 | 2,148 | 1,995 | 2,092 | 1,994 | - | - |
| EBIT 1 | - | - | - | - | 1,836 | 4,477 | - | - | - | 1,858 | 1,769 | 1,828 | 823.9 | 1,882 | 1,777 | 1,874 | 1,776 | - | - |
| Operating Margin | - | - | - | - | 17.28% | 20.86% | - | - | - | 17.52% | 18.27% | 17.9% | 10.16% | 18.67% | 17.81% | 17.81% | 17.81% | - | - |
| Earnings before Tax (EBT) 1 | - | - | - | - | - | - | - | - | - | 1,817 | 1,756 | 1,817 | 810.8 | 1,859 | 1,767 | 1,863 | 1,765 | - | - |
| Net income 1 | - | - | 1,379 | 2,021 | 1,409 | 3,430 | 1,182 | 753.3 | 1,935 | 1,405 | 1,354 | 1,430 | 612.1 | 1,449 | 1,387 | 1,484 | 1,386 | - | - |
| Net margin | - | - | - | - | 13.26% | 15.98% | - | 7.78% | 9.79% | 13.25% | 13.98% | 14% | 7.55% | 14.37% | 13.9% | 14.1% | 13.9% | - | - |
| EPS 2 | - | - | 36.00 | 53.00 | 37.00 | - | 31.00 | 20.00 | - | 37.00 | 35.00 | 38.00 | 16.00 | 38.00 | 36.36 | 38.89 | 36.32 | - | - |
| Dividend per Share 2 | - | - | - | - | 69.00 | - | - | - | - | - | - | - | - | - | 119.8 | - | - | - | 134.4 |
| Announcement Date | 7/30/20 | 7/21/21 | 2/10/22 | 4/28/22 | 7/26/22 | 7/26/22 | 10/27/22 | 2/9/23 | 2/9/23 | 4/19/23 | 7/25/23 | 10/25/23 | 2/7/24 | 4/24/24 | - | - | - | - | - |
1IDR in Billions2IDR
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 2,291 | 3,131 | 1,525 | 97.1 | - | - | - | - |
| Net Cash position 1 | - | - | - | - | 1,021 | 1,050 | 1,633 | 2,193 |
| Leverage (Debt/EBITDA) | 0.2037 x | 0.2966 x | 0.1741 x | 0.012 x | - | - | - | - |
| Free Cash Flow 2 | 7,220,224 | 7,714,250 | 7,316,928 | 7,422,951 | 6,283,060 | 4,476,829 | 5,266,257 | 5,604,486 |
| ROE (net income / shareholders' equity) | 117% | 140% | 124% | 129% | 130% | 143% | 138% | 141% |
| ROA (Net income/ Total Assets) | 36.1% | 34.8% | 29.1% | 28.7% | 27.4% | 29.6% | 29.8% | 30% |
| Assets 1 | 20,488 | 20,592 | 19,802 | 18,693 | 17,491 | 17,074 | 17,825 | 18,678 |
| Book Value Per Share 3 | 138.0 | 129.0 | 113.0 | 105.0 | 88.60 | 98.10 | 111.0 | 120.0 |
| Cash Flow per Share 3 | 227.0 | 219.0 | 207.0 | 211.0 | 187.0 | 129.0 | 163.0 | 170.0 |
| Capex 1 | 1,449 | 650 | 585 | 638 | 835 | 784 | 843 | 809 |
| Capex / Sales | 3.38% | 1.51% | 1.48% | 1.55% | 2.16% | 1.99% | 2.06% | 1.9% |
| Announcement Date | 1/29/20 | 2/3/21 | 2/10/22 | 2/9/23 | 2/7/24 | - | - | - |
1IDR in Billions2IDR in Million3IDR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
A-
Sell
Buy
Mean consensus
HOLD
Number of Analysts
22
Last Close Price
2,590
IDR
Average target price
2,838
IDR
Spread / Average Target
+9.59%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -26.63% | 6.09B | |
| -18.39% | 38.86B | |
| +12.44% | 25.93B | |
| +6.04% | 5.98B | |
| -5.67% | 3.06B | |
| +5.20% | 2.42B | |
| -12.14% | 1.85B | |
| +27.19% | 936M | |
| -4.16% | 618M | |
| -24.51% | 463M |
- Stock Market
- Equities
- UNVR Stock
- Financials PT Unilever Indonesia Tbk
