Unilever PLC (NYSE:UL) 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.
Since Unilever shares have fallen nearly 20% year to date, this consumer staples company turns into a value play, as shares now sell for just 15 times forward earnings. That’s quite a discount historically for the multinational producer of deodorants, hair care products, ice cream, sauces, seasonings, teas and so forth. Usually, these types of company trade at a higher valuation due to their recession-resistant characteristics and admirably steady cash flows. Its stable of brands is too attractive to sell at a bargain-bin valuation forever. In the meantime, shares offer a 4.49% dividend yield.
Therefore, this consumer goods powerhouse Unilever, has a portfolio of 400 brands, is a good a value stock to hold for long term.