Posted 4/14/2024, 7:45:00 AM
Unilever Streamlines to Focus on Core Brands, Offers Value for Long-Term Investors
- Unilever is a consumer goods company with many iconic brands trading at a discounted valuation
- The company is spinning off or selling its lower-margin ice cream business to focus on more profitable segments
- Unilever trades at 1.8x price-to-sales and 15x free cash flow, its cheapest valuation in a decade
- The company pays a 3.9% dividend yield that is easily covered by its free cash flow generation
- Unilever's shareholder returns, global scale, streamlining efforts, and valuation make it an attractive long-term investment