Kenvue Inc. (KVUE) vs Unilever PLC (UL)

Kenvue Inc. and Unilever PLC are both Household & Personal Products companies. Unilever PLC is the larger, with a market value of $134.2B against $33.8B — 4.0× the size. Unilever PLC trades at the lower P/E: 10.5× against 20.5×. Unilever PLC grew revenue faster over the last twelve months: 5.30% against 1.76%. Unilever PLC has the higher net margin (12.0% vs 10.8%) and the lower return on invested capital (0.00% vs 9.95%). Both pay a dividend; Unilever PLC yields more (3.86% vs 1.65%). Across the 20 metrics below, Unilever PLC leads on 11 and Kenvue Inc. on 9.

Valuation

Metric KVUE UL Household & Personal Products median
P/E 20.46 10.55 22.55
P/S 2.22 n/m 1.13
P/B 3.24 n/m 3.02
Price to free cash flow 17.63 n/m 17.73
EV/EBITDA 12.56 0.76 12.27
EV/Sales 2.61 0.15 1.26
Earnings yield 4.89% 9.48% 0.27%
Free cash flow yield 5.67% 0.00% 4.03%

Profitability

Metric KVUE UL Household & Personal Products median
Gross margin 58.19% 0.00% 46.28%
Operating margin 17.07% 0.00% 0.79%
Net margin 10.76% 12.03% 0.61%
Free cash flow margin 12.58% 0.00% 2.89%
Return on equity 15.58% 0.00% 2.12%
Return on assets 6.16% 0.00% 0.00%
Return on invested capital 9.95% 0.00% 0.00%

Growth

Metric KVUE UL Household & Personal Products median
Revenue growth (TTM) 1.76% 5.30% 2.93%
EPS growth (last fiscal year) 40.74% 75.13% —
Revenue growth, 5-year CAGR 0.89% (0.28%) 2.03%
Net income growth, 5-year CAGR 0.00% 10.94% 0.00%

Health

Metric KVUE UL Household & Personal Products median
Debt to equity 0.67 0.00 0.46
Current ratio 1.01 0.74 1.64
Net debt to EBITDA 2.02 (0.49) 1.37

Dividend

Metric KVUE UL Household & Personal Products median
Dividend yield 1.65% 3.86% 1.96%
Payout ratio — 0.52 0.49

Size

Metric KVUE UL Household & Personal Products median
Market cap 33.82b 134.15b 625.04m

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