Unilever Indonesia Tbk (UNVR) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Unilever Indonesia Tbk stock IDR 1,777, price IDR 1,515, upside +17.3%, quality 79 out of 100. Rating: undervalued. Calculated from audited financials with 25 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 9, 2026.
How to read this chart
60‑month range 886.68 IDR – 4,284 IDR · fair‑value band 1,328 IDR – 2,313 IDR · the 1,515 IDR price screens below the 1,777 IDR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 9, 2026.
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PT Unilever Indonesia Tbk manufactures, markets, and distributes consumer goods in Indonesia. The company operates in two segments: Home and Personal Care; and Foods and Refreshment. It offers soaps, detergents, dairy based foods, ice creams, cosmetic products, tea-based beverages, and fruit juices.
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The company provides its products under the Axe, Bango, Buavita, Cif, Citra, Clear, Clear Men, Close Up, Cornetto, Dove, Feast, Feast, Glow & Lovely, Jawara, Knorr, Lifebuoy, Lipton, Love Beauty & Planet, Lux, Magnum, Molto, Paddle Pop, Pepsodent, Pond's, Pond's Men, Populaire, Rexona, Rinso, Royco, SariWangi, Seru, Simple, St. Ives, Suave, Sunlight, Sunsilk, Superpell, TRESemmé, The Vegetarian Butcher, Unilever Professional, Vaseline Men, Viennetta, Vixal, Wall's, Wipol, Zwitsalm, and other brands.
It also leases office space. PT Unilever Indonesia Tbk was founded in 1933 and is headquartered in Tangerang, Indonesia. PT Unilever Indonesia Tbk operates as a subsidiary of Unilever Indonesia Holding B.V.
Stock analysis
Unilever Indonesia Tbk (UNVR) currently trades at 1,515 IDR, while our model-based Fair Value estimate is 1,777 IDR, implying the stock looks roughly 15% undervalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of 3,358 IDR per share, and 16 of the 25 models we run sit above the 1,515 IDR price.
Bear case: the Economic Profit group reads lowest at 717.70 IDR, and 9 of the 25 models stay below the price. Data coverage for this calculation is low.
Scenario range: 1,328 IDR (bear) to 2,313 IDR (bull), the price of 1,515 IDR sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 79/100 (high quality), in the Consumer Defensive sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
Unilever Indonesia Tbk reported revenue of 31.9T IDR in FY2025 versus 39.5T IDR in FY2021, a compound −5.2%/yr. Reported net income was 7.6T IDR in FY2025, compounding +7.3%/yr from FY2021.
Key figures
Market cap 57.5T IDR (≈ $3.2B) Mid · P/E ratio 16.3 · P/S ratio 3.91 · EPS (TTM) 92.72 IDR · Dividend yield 8.8% · Net margin 23.9% · Return on equity 133% · Return on assets (EBIT) 33.4% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 79 out of 100 (low confidence).
What moves the price
The share trades about 41% below its 52-week high and 14% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Defensive peers we cover trades at −26% fair-value upside, at 17%, UNVR screens cheaper than that median.
Fair Value models
Bear1,328 IDRFair Value 1,777 IDRBull2,313 IDR
Price 1,515 IDR · Upside +17.3%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.40/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−9.1%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−8.1%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−5.8%
Start year 2020 (pandemic). Over 10 years: −1.3% a year
Revenue growth 25 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+7.8%
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What shareholders gained per year (last 5 years), in IDR ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Basis: EBIT basis. Measured in IDR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
≈ −4.6%
Earnings growth per share plus dividend.
Earnings per share, growth per year−13.4%
Dividend (yield on the price)8.8%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.base effect: 1.3% / −12.5%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.22% → 14%
Pace: the 5-year rate starts in 2020 (pandemic)
⚠ Revenue per share shrinking 14.7%/yr over ~10Y (margins eroding too) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
⚠ Rate on operating basis: 2025 sits 59% above its own trend.
Growth Forecast
Little optimism in the price
The price assumes more growth than the company has delivered so far and less than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−0.4%
The company could shrink this much every year for the next five years and today's price would still be justified.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+4.1%
Yearly sales growth analysts expect, extended to five years.
After inflation (Indonesia: IMF forecast 2.6% a year to 2030, 2.9% from 2016 to 2025) that is about −2.9% a year for the price and +1.5% for the forecasts.
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Household & Personal Products · 230 stocks
Beats the industry median on 10/15 measures
Overall it ranks above its industry peers.
Valuation
Quality Score79 · Top 25%
Fair Value upside+17.3% · Above median
Profitability
Return on equity (12 months)133.4% · Top 25%
Return on assets38.2% · Top 25%
Net margin (12 months)25.6% · Top 25%
Operating margin (12 months)12.1% · Above median
Growth and dividend
Revenue growth (quarter YoY)11.6% · Above median
Dividend yield (12 months)8.8% · Top 25%
Balance sheet
Debt / equity0.11× · Above median
Valuation Multiplesvs Household & Personal Products median · lower = cheaper
P/E (12 months)16.3× · Cheaper than median
P/B12.86× · Priciest 25%
P/S (12 months)1.74× · Pricier than median
Price / free cash flow (fiscal year)11.7× · Cheaper than median
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Unilever Indonesia Tbk Fair Value". https://www.fairvalue-calculator.com/stock/UNVR
Frequently asked questions
Is Unilever Indonesia Tbk (UNVR) overvalued or undervalued?
As of Nov 9, 2026, our model estimates a fair value of 1,777 IDR versus a price of 1,515 IDR, about +17% upside (undervalued).
What is the fair value of UNVR?
Our model-based fair value for Unilever Indonesia Tbk is 1,777 IDR (as of Nov 9, 2026), built from audited fundamentals. The current price: 1,515 IDR.
What is the quality score of UNVR?
Unilever Indonesia Tbk has a Quality Score of 79/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Unilever Indonesia Tbk (UNVR)?
Our model-based price target is the fair value of 1,777 IDR (as of Nov 9, 2026) from 25 valuation models. Cautious scenario 1,328 IDR, optimistic scenario 2,313 IDR. It is a calculation from audited fundamentals, not an analyst target.
What is the Unilever Indonesia Tbk stock forecast for 2026?
Our models put fair value at 1,777 IDR, about +17% upside versus a price of 1,515 IDR (undervalued). Cautious scenario 1,328 IDR, optimistic scenario 2,313 IDR. The calculation is refreshed regularly with new filings.
What is the revenue of Unilever Indonesia Tbk (UNVR)?
Unilever Indonesia Tbk reported trailing-twelve-month revenue of about 33.1T IDR (latest available figure, as of Nov 9, 2026).
Does Unilever Indonesia Tbk pay a dividend?
Unilever Indonesia Tbk currently shows a dividend yield of 8.84% relative to its recent price (as of Nov 9, 2026).
How much is the dividend of Unilever Indonesia Tbk (UNVR)?
Unilever Indonesia Tbk pays a dividend of 134.00 IDR per share a year, a dividend yield of 8.8%. A dividend has been paid every year since at least 2003. Free cash flow covers the dividend 0.97 times. Our assessment: Payout strained. The dividend exceeds reported earnings (though reported profit is often depressed by one-off charges), and free cash flow only just covers it (or coverage is unknown). Not an emergency, but little room for error.
What growth is priced into Unilever Indonesia Tbk (UNVR)?
For today's price to be fair in a discounted-cash-flow model, Unilever Indonesia Tbk would have to grow free cash flow by -0.4 % per year for five years (discount rate 10.5 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew -5.8 % per year. As of Nov 9, 2026.
What discount rate (WACC) does the fair value of UNVR use?
Our models discount Unilever Indonesia Tbk at 10.5 %: a base by market capitalisation (mid), damped by beta 0.20, country premium for Indonesia. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Unilever Indonesia Tbk that is -0.4 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (10.5 %) and the same formula as our fair value.
How much growth has Unilever Indonesia Tbk (UNVR) delivered so far?
Over the past 5 years revenue at Unilever Indonesia Tbk grew -5.8 % a year. The price currently implies free-cash-flow growth of -0.4 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Unilever Indonesia Tbk (UNVR) growing?
The median revenue growth in the sector is +3.6 % a year. That is the yardstick for the growth priced into Unilever Indonesia Tbk (-0.4 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Unilever Indonesia Tbk (UNVR)?
The free-cash-flow yield on the price is 8.58 %: that much free cash flow Unilever Indonesia Tbk produces per unit of market value. When it exceeds the discount rate of our models (10.5 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Unilever Indonesia Tbk (UNVR)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Unilever Indonesia Tbk it is 1,777 IDR per share (as of Nov 9, 2026), against a price of 1,515 IDR. It is the blended result of 25 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Unilever Indonesia Tbk stock overvalued or undervalued in 2026?
As of Nov 9, 2026, UNVR trades below its calculated fair value: price 1,515 IDR, fair value 1,777 IDR, a gap of about +17% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of UNVR?
No. The price is what the market pays today (1,515 IDR); the fair value is what the company's own numbers justify (1,777 IDR). For Unilever Indonesia Tbk the two are 262.33 IDR per share apart. That gap is exactly why we show both numbers side by side.
How much is Unilever Indonesia Tbk worth?
The market values Unilever Indonesia Tbk at about 57.5T IDR (market capitalisation, as of Nov 9, 2026). Per share that is 1,515 IDR; our models calculate a fair value of 1,777 IDR per share.
What do the bullish and bearish scenarios say about UNVR?
Our models span a range for Unilever Indonesia Tbk: cautious scenario 1,328 IDR, base 1,777 IDR, optimistic 2,313 IDR per share (as of Nov 9, 2026, price 1,515 IDR). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of UNVR?
Unilever Indonesia Tbk trades at a price-to-earnings ratio of 16.3 (as of Nov 9, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 1,777 IDR is built from several models across several years. Excluding one-off items of fiscal year 2025 it is 16.3 (reported for FY2025: 7.5). Median P/E at fiscal year-end, 6 fiscal years (2020 to 2025), reported earnings, FY2025 ex one-offs: 28.0. Other multiples: PEG 2.0, P/B 12.9, P/S 1.7, EV/EBITDA 10.5.
What is the PEG ratio of UNVR?
The PEG ratio of Unilever Indonesia Tbk is 2.02 (P/E divided by earnings growth, as of Nov 9, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Unilever Indonesia Tbk (UNVR)?
Balance-sheet figures for Unilever Indonesia Tbk (as of Nov 9, 2026): return on equity 133.4%, debt of 0.11 per unit of equity. They feed the Quality Score of 79/100, which measures business quality independently of the share price.
How far is UNVR from its 52-week high?
Unilever Indonesia Tbk trades at 1,515 IDR, about 41% below its 52-week high of 2,580 IDR and 14% above the low of 1,325 IDR (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 1,777 IDR is for.
Which stocks are comparable to Unilever Indonesia Tbk?
From the same area (Consumer Defensive) we also value Colgate-Palmolive Company, Hindustan Unilever Limited, The Estée Lauder Companies Inc, Henkel AG, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Unilever Indonesia Tbk stock attractive at the current price?
The data as of Nov 9, 2026: price 1,515 IDR, calculated fair value 1,777 IDR (+17%), Quality Score 79/100, from 25 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of UNVR calculated?
We run Unilever Indonesia Tbk through 25 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 1,777 IDR builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Unilever Indonesia Tbk currently trades 15% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Unilever Indonesia Tbk (UNVR)?
The closing price on Nov 6, 2026 was 1,515 IDR. Our model-based fair value is 1,777 IDR, about +17% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Unilever Indonesia Tbk right now?
Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual. The price sits in the lower half of our model range, the side with the larger margin of safety. Read the verdict with care: some models are missing inputs, so the estimate scatters more than usual.
Where does the earnings growth of Unilever Indonesia Tbk (UNVR) come from?
Earnings per share at Unilever Indonesia Tbk grew −17.6 % a year from 2014 to 2025. Broken into its drivers: revenue per share −16.8 %, EBIT margin −4.5 %, tax rate +1.1 %, residual (interest, one-offs) +2.7 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Unilever Indonesia Tbk
How large is the market capitalisation of Unilever Indonesia Tbk (UNVR)?
The market capitalisation of Unilever Indonesia Tbk is 57.5T IDR (≈ $3.2B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Unilever Indonesia Tbk (UNVR)?
The price-to-sales ratio of Unilever Indonesia Tbk is 3.91 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Unilever Indonesia Tbk (UNVR)?
Earnings per share at Unilever Indonesia Tbk are 92.72 IDR (price ÷ EPS = P/E 16.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Unilever Indonesia Tbk (UNVR)?
The dividend yield of Unilever Indonesia Tbk is 8.8% (payout 145%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Unilever Indonesia Tbk (UNVR)?
The net margin of Unilever Indonesia Tbk is 23.9% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Unilever Indonesia Tbk (UNVR)?
The return on equity (ROE) of Unilever Indonesia Tbk is 133% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Unilever Indonesia Tbk (UNVR)?
On an EBIT basis the return on assets of Unilever Indonesia Tbk is 33.4% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Unilever Indonesia Tbk (UNVR)?
The operating margin of Unilever Indonesia Tbk is 12.1% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Unilever Indonesia Tbk (UNVR)?
Revenue at Unilever Indonesia Tbk is growing +11.6% versus a year earlier (3y avg −8.1%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Unilever Indonesia Tbk (UNVR)?
Earnings per share at Unilever Indonesia Tbk are growing −9.3% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Unilever Indonesia Tbk (UNVR) hold?
Unilever Indonesia Tbk holds more cash than debt, 5.1T IDR net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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Thin data
Nov 9, 2026