Thomson Reuters Stock Report - Hindustan Unilever LTD PDF

STOCKREPORTS+
HINDUSTAN UNILEVER (HINDUNILVR-IN)

Personal Goods & Services / Personal Goods & Services / Personal Products
DETAILED STOCK REPORT
Report Date: 2020 January 12
Last Close Avg Daily Vol 52-Week High Trailing PE Annual Div ROE LTG Forecast 1-Mo Return
1,954.00 (INR) 1.3M 2,190.00 63.6 24.00 79.9% -- -3.5%
2020 January 10 Market Cap 52-Week Low Forward PE Dividend Yield Annual Rev Inst Own 3-Mo Return
NSE Exchange
4.2T 1,650.00 55.5 1.2% 405.1B 9.8% -0.8%
AVERAGE SCORE
POSITIVE OUTLOOK: HINDUNILVR's current Score Averages
score of 8 places it among the top quartile of Personal Goods & Services Group: 5.9 Large Market Cap: 7.0
stocks scored. Personal Goods & Services Sector: 5.9 BSE Sensex Index: 7.5
Average Score Trend (4-Week Moving Avg) Peers -6M -3M -1M -1W Current 1Y Trend
Positive DABUR 7 7 8 7 8
HINDUNILVR 7 9 8 7 8
Neutral COLPAL 6 8 7 7 6
GODREJCP 6 7 6 6 6
Negative
MARICO 9 7 5 6 6
2017-01 2018-01 2019-01 2020-01
HIGHLIGHTS THOMSON REUTERS I/B/E/S MEAN

- The score for Hindustan Unilever improved slightly this week
from 7 to 8. Buy Mean recommendation from all analysts covering
37 Analysts the company on a standardized 5-point scale.
- The recent change in the Average Score was primarily due to
an improvement in the Price Momentum component score.
Strong
Sell Reduce Hold Buy
Buy
PRICE AND VOLUME CHARTS

1-Year Return: 9.4% 5-Year Return: 126.0%
BUSINESS SUMMARY
Hindustan Unilever Limited is engaged in fast-moving consumer goods business comprising home and personal care, foods and refreshments. The
Company's segments are Soaps and Detergents, which includes soaps, detergent bars, detergent powders, detergent liquids and scourers; Personal
Products, which includes products in categories of oral care, skin care (excluding soaps), hair care, deodorants, talcum powder, color cosmetics and
salon services; Beverages, which includes tea and coffee; Packaged Foods, which includes branded staples (atta, salt and bread), culinary products
(tomato-based products, fruit-based products and soups) and frozen desserts, and Others that includes exports, chemicals, water business and infant
care products. The Others segment also includes export sale of marine and leather products. Its brands include Lux, Surf excel, Rin, Wheel, Fair &
Lovely, Pond's, Vaseline, Lakme, Dove, Clinic Plus, Sunsilk, Axe, Brooke Bond, Bru, Knorr, Kissan, Kwality Wall's and Pureit.
The Financial and

Risk business of
Thomson Reuters Page 1 of 11
is now Refinitiv. © 2020 Thomson Reuters. All rights reserved.
STOCKREPORTS+
INDICATOR COMPONENTS
The AVERAGE SCORE combines the quantitative analysis of five widely-used investment decision making tools: Earnings,
Fundamental, Relative Valuation, Risk, and Price Momentum. A simple average of the underlying component ratings is normally
distributed to rank stocks on a 1-10 scale (10 being awarded to the most favorable). These factors may be evaluated differently using
alternative methodologies and the importance of individual factors varies across industries, market capitalization and investment styles.
Additional criteria should always by used to evaluate a stock.
Earnings Fundamental Relative Valuation Risk Price Momentum
PEER ANALYSIS Currency in INR
PRICE MOMENTUM VALUATION FUNDAMENTAL ANALYSTS

Average Price 1-Mo 3-Mo 1-Yr Market Trailing Forward Dividend Net LTG I/B/E/S # of
Score Ticker (2020-01-10) Return Return Return Cap PE PE Yield Margin Forecast Mean Analysts
8 HINDUNILVR 1,954.00 -3.5% -0.8% 9.4% 4.2T 63.6 55.5 1.2% 16.3% -- Buy 37
8 DABUR 466.85 2.2% 6.3% 10.9% 825.0B 55.1 47.0 0.6% 17.1% 13.8% Buy 36
6 GODREJCP 738.25 14.2% 8.6% -5.3% 754.7B 34.6 45.4 1.1% 21.5% 18.0% Hold 32
6 MARICO 338.10 -0.5% -12.1% -12.7% 436.1B 36.2 36.9 1.6% 16.1% 14.4% Hold 36
6 COLPAL 1,458.35 0.3% -2.5% 10.0% 396.7B 49.4 44.2 1.9% 17.6% 13.4% Hold 34
6 PGHH 11,128.90 -0.9% -1.2% 11.3% 361.3B 87.7 73.7 0.8% 13.7% -- Hold 1
6 EMAMILTD 303.40 -2.3% 1.1% -28.4% 137.7B 41.9 36.4 1.3% 11.9% 23.8% Buy 27
6 BAJAJCON 240.45 2.6% 0.0% -37.4% 35.5B 16.5 14.5 8.3% 24.6% -- Strong Buy 17
9 JLMORI 1,525.00 5.9% 5.2% -0.4% 2.1B 35.7 -- 0.1% 6.5% -- -- --
6 RADIXIND 81.75 18.2% 35.2% 119.0% 1.2B 78.2 -- 0.8% 13.7% -- -- --
4 LYKISLTD 21.90 32.7% 14.1% -10.3% 424M -- -- -- -1.9% -- -- --
6.5 Average 1,659.72 6.3% 4.9% 6.0% 652.8B 49.9 44.2 1.8% 14.3% 16.7% Buy 27.5
PEER COMPANIES
DABUR Dabur India EMAMILTD Emami
GODREJCP Godrej Consumer Products BAJAJCON Bajaj Consumer Care
MARICO Marico JLMORI J L Morison (India)
COLPAL Colgate-Palmolive (India) RADIXIND Radix Industries India
PGHH Procter & Gamble Hygiene LYKISLTD Lykis
The Financial and

Risk business of
STOCKREPORTS+
EARNINGS Currency in INR
POSITIVE OUTLOOK: Strong earnings with Earnings Score Averages

recent analyst upgrades or a history of Personal Goods & Services Group: 5.0 Large Market Cap: 5.7
surpassing consensus estimates. Personal Goods & Services Sector: 5.0 BSE Sensex Index: 7.0
Earnings Score Trend (4-Week Moving Avg) Peers -6M -3M -1M -1W Current 1Y Trend
Positive HINDUNILVR 7 10 8 9 9
MARICO 10 7 6 8 7
Neutral DABUR 6 4 5 5 6
GODREJCP 9 8 7 8 6
Negative
COLPAL 5 8 5 5 3
2017-01 2018-01 2019-01 2020-01
EARNINGS INDICATORS
Earnings Surprises Estimate Revisions Recommendation Changes
(33.3% weight) (33.3% weight) (33.3% weight)
GODREJC…
HINDUNIL…
MARICO
DABUR
DABUR HINDUNIL…
GODREJC…
HINDUNIL… MARICO
COLPAL
COLPAL COLPAL
GODREJC…
DABUR
MARICO
Last 4 Years Last 4 Weeks Last 120 Days

# Positive Surprises (> 2%) 0 # Up Revisions 1 # Broker Upgrades 2
# Negative Surprises (< -2%) 0 # Down Revisions 0 # Broker Downgrades 1
# In-Line Surprises (within 2%) 4 Avg Up Revisions 2.6%
Avg Surprise -0.2% Avg Down Revisions 0.0%
HIGHLIGHTS PRICE TARGET

- Hindustan Unilever currently has an Earnings Rating of 9, which is The chart indicates where analysts predict the stock price will be within
significantly more bullish than the Personal Products industry average the next 12 months, as compared to the current price.
of 4.8. HINDUNILVR scores a bullish 7 or greater for all three
component ratings. 2,600 12-Month Price Target
HIGH Mean (INR) 2,130.00
- HINDUNILVR's current quarter consensus estimate has remained 2,400
High 2,430.00
relatively unchanged over the past 90 days at 34.04. Estimates within 2,200
its industry have moved an average of -2.0% during the same time 1,954
MEAN Low 1,720.00
period. 2,000 Target vs. Current 9.0%
1,800 # of Analysts 35
- There have been 2 upward and 1 downward broker recommendation LOW
changes for Hindustan Unilever over the past 120 days. 1,600
Current Price Price Target
(INR)
The Financial and

Risk business of
STOCKREPORTS+
EARNINGS PER SHARE

Actuals Estimates
10.000 HIGH
MEAN
LOW
Earnings per share (EPS) is calculated 8.000 Quarterly 19-12 20-03
by dividing a company's earnings by the Mean 7.826 9.194
number of shares outstanding. Analysts 6.000
tend to interpret a pattern of increasing High 7.998 9.678
4.000
earnings as a sign of strength and flat Low 7.580 8.710
or falling earnings as a sign of 2.000 # of Analysts 3 2
weakness.
0.000
The charts provide a comparison 18-12 19-03 19-06 19-09 19-12 20-03
between a company's actual and
estimated EPS, including the high and Actuals Estimates
low forecasts. 54.00
48.00 Annual 2020 2021

HIGH
Mean 34.040 40.860
42.00 MEAN
High 40.600 45.200
36.00 LOW Low 29.160 34.920
29.01
30.00 # of Analysts 14 14
24.23
24.00
2018 2019 2020 2021
MEAN ESTIMATE TREND ANALYST RECOMMENDATIONS

Q Q Y Y Price Thomson Reuters I/B/E/S Mean: Buy (37 Analysts)
19-12 20-03 2020 2021 Target
Current 7.826 9.194 34.040 40.860 2,130.00
Strong Buy 4
30 Days Ago 7.614 9.615 34.150 41.140 2,140.00 Buy 15
90 Days Ago 7.729 10.840 34.440 41.130 1,970.00 Hold 15
% Change (90 Days) 1.3% -15.2% -1.2% -0.7% 8.1%
Reduce 2
Current Fiscal Year End: 20-03
Next Expected Report Date: 2020-01-13 Sell 1
EARNINGS SURPRISES
Comparing a company's actual earnings to the mean expectation of Surprise Detail (Last 6 Periods)
analysts results in a difference referred to as a 'positive' or 'negative'
surprise. Research has shown that when a company reports a Surprise Announce Period End Actual Mean Surprise
surprise, it is often followed by more of the same surprise type. Type Date Date EPS EPS (%)
Surprise Summary (Last 6 Years) In-Line 2019-05-03 2019-03-31 29.010 28.670 1.2%
In-Line 2018-05-14 2018-03-31 24.230 23.850 1.6%
Surprise Type Amount Percent
In-Line 2017-05-17 2017-03-31 19.590 19.900 -1.6%
Positive Years (> 2%) 0 --
In-Line 2016-05-09 2016-03-31 19.040 19.420 -2.0%
Negative Years (< -2%) 1 16.7%
Negative 2015-05-08 2015-03-31 17.030 18.750 -9.2%
In-Line Years (within 2%) 5 83.3%
In-Line 2014-04-28 2014-03-31 17.130 16.840 1.7%
ANNUAL REVENUE
A pattern of increasing sales in Actuals Estimates
conjunction with a rising EPS may
influence a buy recommendation, while 600B
2020 2021
flat or falling sales and faltering 540B
HIGH
earnings may explain a sell Mean 418.5B 493.0B
recommendation. A rising EPS with flat 480B
MEAN
High 429.2B 552.1B
or falling sales may result from LOW
increased cost efficiency and margins, 420B 393.1B Low 402.4B 441.1B
rather than market expansion. This 347.8B Forecasted Growth 6.5% 25.4%
chart shows the sales forecast trend of 360B
# of Analysts 13 14
all analysts and the highest and lowest
projections for the current and next 300B
2018 2019 2020 2021
fiscal year.
The Financial and

Risk business of
STOCKREPORTS+
FUNDAMENTAL
NEUTRAL OUTLOOK: Fundamentals relatively Fundamental Score Averages
in-line with the market. Personal Goods & Services Group: 5.7 Large Market Cap: 6.0
Personal Goods & Services Sector: 5.7 BSE Sensex Index: 5.9
Q1 Q2 Q3 Q4
Fundamental Score Trend Peers 2019 2019 2019 2019 Current 3Y Trend
COLPAL 10 10 10 9 9
Positive
DABUR 6 6 6 7 8
Neutral HINDUNILVR 8 8 9 8 7
Negative MARICO 5 5 5 5 5
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 GODREJCP 4 6 6 5 3
2017 2018 2019
FUNDAMENTAL INDICATORS
Profitability Debt Earnings Quality Dividend
(25% weight) (25% weight) (25% weight) (25% weight)
COLPA…
HINDUN… DABUR
COLPA…
DABUR HINDUN…
DABUR
GODRE… MARIC…
MARIC…
HINDUN…
COLPA…
GODRE…
COLPA…
HINDUN…
GODRE… MARIC… MARIC…
DABUR
GODRE…
Revenue Growth 10.6% Current Ratio 1.3 Oper. Cash Yield -8.1% Dividend Growth 14.3%
For year over year For interim period For latest 12 months For year over year
ending 2019-03 ending 2019-09 ending 2019-03 ending 2019-09
Gross Margin 26.0% Debt-to-Capital 0.0% Accruals 59.5% Dividend Payout 78.5%
For latest 12 months For annual period For latest 12 months For latest 12 months
Return On Equity 79.9% Interest Funding 0.1% Days Sales In Inv. 32.1 Dividend Coverage 1.4
For interim period For interim period For annual period For annual period
Net Margin 16.3% Interest Coverage 68.4 Days Sales In Rec. 24.3 Current Div. Yield 1.2%
For latest 12 months For interim period For annual period For latest 12 months
HIGHLIGHTS
- Hindustan Unilever currently has a Fundamental Rating of 7. The - The company's days sales in inventory has been lower than its
average Fundamental Rating for its Personal Goods & Services industry group average for each of the past five years.
industry group is 5.7 and the S&P BSE SENSEX index average is 5.9. - Of the 37 firms within the Personal Goods & Services industry group,
- The return on equity of 79.9% for HINDUNILVR is the highest within Hindustan Unilever is among 19 companies that pay a dividend. The
its Personal Goods & Services industry group. stock's dividend yield is currently 1.2%.
- Of the 27 firms within the Personal Goods & Services industry group
that have reported debt-to-capital, Hindustan Unilever is among 13
firms whose balance sheet is free of long-term debt.
The Financial and

Risk business of
STOCKREPORTS+
RELATIVE VALUATION
NEGATIVE OUTLOOK: Multiples significantly Relative Valuation Score Averages
above the market or the stock's historic norms. Personal Goods & Services Group: 3.7 Large Market Cap: 3.2
Relative Valuation Score Trend (4-Week Moving Avg) Peers -6M -3M -1M -1W Current 1Y Trend
Positive COLPAL 1 1 1 1 1
DABUR 1 1 1 1 1
Neutral GODREJCP 1 1 1 1 1
Negative
MARICO 1 1 1 1 1
2017-01 2018-01 2019-01 2020-01
RELATIVE VALUATION INDICATORS

Price to Sales Trailing PE Forward PE
(50% weight) (25% weight) (25% weight)
MARICO GODREJC… COLPAL

COLPAL MARICO MARICO
DABUR COLPAL DABUR
GODREJC… DABUR GODREJC…
HINDUNIL… HINDUNIL… HINDUNIL…
Price to Sales 10.6 Trailing PE 63.6 Forward PE 55.5

5-Yr Average 7.9 5-Yr Average 56.0 5-Yr Average 49.1
Rel. to 5-Yr Avg. 34% Premium Rel. to 5-Yr Avg. 14% Premium Rel. to 5-Yr Avg. 13% Premium
BSE Sensex Index 2.7 BSE Sensex Index 26.7 BSE Sensex Index 21.4
Rel. to BSE Sensex >100% Premium Rel. to BSE Sensex >100% Premium Rel. to BSE Sensex >100% Premium
HIGHLIGHTS
- There is no significant relative valuation data for this company.
The Financial and

Risk business of
STOCKREPORTS+
PRICE TO SALES TRAILING PE

The most recent week's close price divided by the revenue per share. The most recent week's close price divided by the sum of the four most
recently reported quarterly earnings.
Price to Sales: 10.6 Trailing PE: 63.6
5-Year Average: 7.9 5-Year Average: 56.0
BSE Sensex Index Average: 2.7 BSE Sensex Index Average: 26.7
Personal Goods & Services Group Average: 9.1 Personal Goods & Services Group Average: 53.7
15 >50
14 45
13 40
12 35
11 30
10 25
9 20
8 5-Yr Average 15
7 10
6 5
5 0
2015 2016 2017 2018 2019 2015 2016 2017 2018 2019
FORWARD PE FORWARD PEG

The most recent week's close price divided by the sum of the four The Forward P/E divided by the five-year forecasted growth rate.
upcoming quarterly consensus estimates.
Forward PE: 55.5 Forward PEG: --
5-Year Average: 49.1 5-Year Average: 2.9
BSE Sensex Index Average: 21.4 BSE Sensex Index Average: 1.2
Personal Goods & Services Group Average: 50.2 Personal Goods & Services Group Average: 3.0
>50 5-Yr Average 4.2
45 4.0
40 3.8
35 3.6
30 3.4
25 3.2
20 3.0
5-Yr Average
15 2.8
10 2.6
5 2.4
0 2.2
2015 2016 2017 2018 2019 2015 2016 2017 2018 2019
The Financial and

Risk business of
STOCKREPORTS+
RISK
POSITIVE OUTLOOK: Consistent return Risk Score Averages
patterns (low volatility). Personal Goods & Services Group: 7.4 Large Market Cap: 9.1
Risk Score Trend (4-Week Moving Avg) Peers -6M -3M -1M -1W Current 1Y Trend
Positive DABUR 10 10 10 10 10
GODREJCP 10 10 10 10 10
Neutral HINDUNILVR 10 10 10 10 10
MARICO 10 10 10 10 10
Negative
COLPAL 10 9 9 10 9
2017-01 2018-01 2019-01 2020-01
RISK INDICATORS
Magnitude of Returns Volatility Beta (1-year) Correlation
(25% weight) (25% weight) (25% weight) (25% weight)
COLPA… COLPA…
DABUR
DABUR DABUR
MARIC… GODRE…
GODRE… GODRE…
DABUR HINDUN…
HINDUN… HINDUN…
COLPA…
MARIC… MARIC…
GODRE… MARIC…
COLPA…
HINDUN…
Daily Returns (Last 90 Days) Standard Deviation Beta vs. BSE Sensex 0.66 Correlation vs. BSE Sensex
Best 2.5% Last 90 Days 0.97 Positive Days Only 1.12 Last 90 Days 36%
Worst -2.5% Last 60 Months 5.64 Negative Days Only 0.22 Last 60 Months 53%
Monthly Returns (Last 60 Months) Intra-Day Swing (Last 90 Days) Beta vs. Group 0.34 Correlation vs. Group
Best 22.8% Average 1.6% Positive Days Only 0.42 Last 90 Days 17%
Worst -9.2% Largest 3.1% Negative Days Only 0.20 Last 60 Months 25%
HIGHLIGHTS RISK ANALYSIS

- Hindustan Unilever currently has a Risk Rating of 10 while the Last 90 Days Last 60 Months
S&P BSE SENSEX index has an average rating of 9.8. Best Worst # # Largest Best Worst
- On days when the market is up, HINDUNILVR tends to Daily Daily Days Days Intra-Day Monthly Monthly
outperform the S&P BSE SENSEX index. However, on days Peers Return Return Up Down Swing Return Return
when the market is down, the shares generally decrease by HINDUNILVR 2.5% -2.5% 32 31 3.1% 22.8% -9.2%
less than the index.
- In the short term, HINDUNILVR has shown average correlation COLPAL 3.5% -2.9% 32 31 5.1% 18.0% -11.7%
(>= 0.2 and < 0.4) with the S&P BSE SENSEX index. The DABUR 4.6% -2.8% 31 32 5.9% 13.6% -12.1%
stock has, however, shown high correlation (>= 0.4) with the
market in the long term. GODREJCP 3.8% -3.4% 35 28 5.2% 17.8% -20.0%
- Over the last 90 days, HINDUNILVR shares have been less MARICO 2.8% -6.3% 30 33 7.3% 11.0% -10.4%
volatile than the overall market, as the stock's daily price has
fluctuated less than 99% of S&P BSE SENSEX index firms. BSE Sensex 2.0% -1.9% 37 22 1.9% 10.2% -7.5%
The Financial and

Risk business of
STOCKREPORTS+
PRICE MOMENTUM Currency in INR
NEUTRAL OUTLOOK: Performance relatively Price Momentum Score Averages

in-line with the market. Personal Goods & Services Group: 5.9 Large Market Cap: 7.7
Price Momentum Score Trend (4-Week Moving Avg) Peers -6M -3M -1M -1W Current 1Y Trend
Positive GODREJCP 5 9 7 8 10
DABUR 10 9 10 8 9
Neutral COLPAL 7 10 9 8 8
Negative
MARICO 10 8 4 4 4
2017-01 2018-01 2019-01 2020-01
PRICE MOMENTUM INDICATORS

Relative Strength Seasonality
(70% weight) (30% weight)
DABUR
GODREJC…
GODREJC…
MARICO
DABUR
HINDUNIL…
COLPAL
COLPAL
HINDUNIL…
MARICO
Relative Strength Indicator (Scale from 1 to 100) Average Monthly Return (Last 10 Years)
HINDUNILVR Industry Avg JAN FEB MAR
Last 1 Month 45 47 Company Avg -1.9% -3.3% 3.5%
Last 3 Months 51 49 Industry Avg 0.8% -0.7% 0.6%
Last 6 Months 52 50 Industry Rank 52 of 92 5 of 89 34 of 94
PRICE PERFORMANCE
Daily close prices are used to calculate the HINDUNILVR HINDUNILVR BSE Sensex
performance of the stock as compared to a
BSE Sensex Close Price (2020-01-10) 1,954.00 41,600
relevant index over five time periods.
52-Week High 2,190.00 41,682
1.4%
1-Week 52-Week Low 1,650.00 35,353
0.3%
-3.5% - On 2020-01-10, HINDUNILVR closed at 1,954.00, 10.8%

1-Month
3.4% below its 52-week high and 18.4% above its 52-week low.
- HINDUNILVR shares are currently trading 3.0% below their 50-
-0.8%
3-Month day moving average of 2,014.06, and 4.1% above their 200-
9.8% day moving average of 1,877.39.
1.6% - The S&P BSE SENSEX index is currently 0.2% below its 52-
YTD week high and 17.7% above its 52-week low.
0.8%
9.4%
1-Year
15.2%
The Financial and

Risk business of
STOCKREPORTS+
Mean Estimate Trend

DETAILED STOCK REPORT TIPS The mean estimates show how the consensus has changed over the past 30 days
and 90 days for the upcoming two quarters (when available) and two years. The
The Thomson Reuters Stock Report is a comprehensive, company-specific analysis percentage change is calculated for the company as a means for comparison by
that includes a proprietary Stock Rating along with underlying component indicators measuring the difference between the current consensus estimate and that of 90
and supportive data elements. The report is updated daily, although some of the days ago.
data elements and the ratings are updated weekly.
Analyst Recommendations
Average Score The I/B/E/S Mean is the average recommendation of all analysts covering the stock,
The Average Score combines a quantitative analysis of five widely-used investment as provided by Thomson Reuters I/B/E/S (Institutional Brokers Estimate System).
decision making tools - Earnings, Fundamental, Relative Valuation, Risk, and Price The recommendations are presented on a five-point standardized scale: strong buy,
Momentum. First, a simple average of the five underlying component ratings is buy, hold, reduce, and sell.
calculated. Then, a normal distribution is used to rank each stock across the market
on a scale of 1 to 10, with 10 being most favorable. A score of 8 to 10 is considered Earnings Surprises
positive, 4 to 7 is neutral, and 1 to 3 is negative. These five factors may be ● The surprise summary includes the total number of time periods (and
evaluated differently using alternative methodologies, and the importance of percentage) in the last 12 quarters (quarterly) or last 4 years (annual) in which
individual factors varies across industry groups, market capitalization and earnings surprises were positive, negative, or in-line. In order to be recognized
investment styles. Additional criteria should always be used to evaluate a stock. as a positive or negative surprise, the percent must be greater than 2% above or
2% below the consensus, respectively.
A company must have sufficient data available for at least three of the five ● The surprise detail section includes a listing of the company's quarterly earnings
component indicators in order to receive an overall Average Score. Approximately reported for the most recent 6 periods (quarters or years). The consensus
85% of the stocks within the coverage universe meet the criteria to generate a analyst estimate is provided to determine if the actual earnings report
score. represented a positive surprise, negative surprise, or in-line result.
Indicator Components Fundamental
The five indicators that comprise the stock rating are displayed. Like the stock The Fundamental Rating is based on a combination of four fundamental component
rating, the component rating scale is 1 to 10, with 10 being best. A company will factors: profitability, debt, earnings quality, and dividend. Companies that do not
receive an ‘NR’ for No Rating if the required data elements or criteria are not met. A pay a dividend are not penalized. Each factor is equally weighted. Then, equal
detailed section for each component is included in the report. deciles are used to rank each stock across the market on a scale of 1 to 10, with 10
being most favorable. A stock needs to have at least two of the four fundamental
Indicator Trends factors present in order to receive a score.
Within each component section, historical score trends are displayed, typically using
a 4-week moving average over a timeframe of the past three years. The dotted ● Profitability is comprised of four data elements.
orange line indicates the average of the scores over those three years. The most - Revenue Growth: (Net Sales – Previous Net Sales) / Previous Net Sales
recent occurrences of the best and worst scores are also displayed on the chart in - Gross Margin: Gross Profit / Net Sales
grey boxes to put the current score into historical context. - Return on Equity: Net Income / Total Equity
- Net Margin: Net Profit / Net Sales
Next to the trend chart for the company, current score averages are included, along ● Debt is comprised of four data elements.
with peer company comparisons of values from 6 months ago, 3 months ago, 1 - Current Ratio: Current Assets / Current Liabilities
month ago, the most recent value from 1 week ago, and the current score. The four - Debt-to-Capital: Total Debt / Total Capital
closest industry peers are presented based on similar market capitalization. - Interest Funding: (Interest Expense on Debt + Preferred Cash Dividends) /
Funds from Operations
Peer Analysis - Interest Coverage: Earnings before Interest and Taxes / (Interest Expense on
● The Thomson Reuters Business Classification (TRBC) system is used for Debt + Preferred Cash Dividends)
industry comparisons. It is designed to track and display the primary business of ● Earnings Quality is comprised of four data elements.
a corporation by grouping together correlated companies that offer products and - Operating Cash Yield: (Operating Cash Flow – Net Income) / Net Income
services into similar end markets. The system includes 10 Economic Sectors, 28 - Accruals: (Net Income – Operating Cash Flow – Investing Cash Flow) /
Business Sectors, 54 Industry Groups, and 136 Industries. Average Net Operating Assets
● The Peer Analysis section of the report compares the company to its ten closest - Days Sales in Inventory: 365 / (Cost of Goods Sold / Inventory)
peers. The peers are selected from the industry based on similar market - Days Sales in Receivables: 365 / (Net Sales / Receivables)
capitalization. The peer listing may have fewer than ten companies if there are ● Dividend is comprised of four data elements. The company must have a current
fewer than ten companies within that industry classification. dividend yield.
- Dividend Growth Rate: (Dividends per Share – Previous Dividends per Share)
Highlights / Previous Dividends per Share
The Thomson Reuters proprietary automated text-generation system creates - Dividend Payout: Dividends per Share / Earnings per Share
highlights summarizing the most noteworthy data. The bullets will vary by company - Dividend Coverage: Funds from Operations / Cash Dividends
and will change from week to week as different criteria are met. - Dividend Yield: Annual Dividends per Share / Current Market Price per Share
Earnings Indicator Trend

The Earnings Rating is based on a combination of three factors: earnings surprise, The fundamental indicator trend displays either quarterly scores over the past three
estimate revision, and recommendation changes. Each factor is equally weighted. years or annual scores over the past six years, depending on the reporting periods
Then, equal deciles are used to rank each stock across the market on a scale of 1 for the country. The best and worst scores can be easily determined from the
to 10, with 10 being most favorable. A stock needs to have at least two of the three values shown on the chart for each quarter or year.
earnings factors in order to receive a score.
Relative Valuation
● Earnings Surprises - The number of positive and negative surprises within the The Relative Valuation Rating is based on a combination of three component
last 4 periods (quarters or years). factors: Price to Sales (50% weight), Trailing P/E (25% weight), and Forward P/E
● Estimate Revisions - The number of up and down revisions and the average (25% weight). After the weightings are considered to combine individual factors,
percentage change of those revisions within a 4 week period. equal deciles are used to rank each stock across the market on a scale of 1 to 10,
● Recommendation Changes - The number of broker upgrades and downgrades in with 10 being most favorable. These common valuation metrics are evaluated
the last 120 days. against the overall market, the index, and the company's own historic 5-year
averages. A stock needs to have at least one of the three relative valuation factors
Price Target in order to receive a score.
The price target is based on the predictions of analysts covering the stock and
shows the high, low and mean price expected within the next 12 months. ● Price to Sales: Close Price / (Sales for 4 Quarters or 1 Year / Shares
Outstanding)
Earnings Per Share ● Trailing P/E: Close Price / Most Recent 4 Quarters or 1 Year of Earnings
The quarterly and annual earnings per share are presented when available, along ● Forward P/E: Close Price / Upcoming 4 Quarters or 1 Year of Earnings
with the mean, high and low. Quarterly data is displayed for the past 4 quarters
(actual) and the next 2 quarters (estimated). Annual data is displayed for the past 2
years (actual) and the next 2 years (estimated).
The Financial and
Risk business of
STOCKREPORTS+
Valuation Averages
Negative values are excluded when calculating the averages. A maximum value of
100 is placed on Trailing P/E and Forward P/E, a maximum value of 5 is placed on
Forward PEG, and a maximum value of 20 is placed on Price to Sales when
calculating the averages. Higher values are rounded down to the maximum for the
averages.
Valuation Multiples
The valuation multiples provide the Trailing P/E, Forward P/E, Forward PEG, and
Price to Sales for the company and the S&P 500 index average. In addition, a
comparison of the current company’s values to its 5-year average and an industry
average are presented. A discount occurs when the company’s ratio is valued more
favorably (lower) than that to which it is compared.
Risk
The Risk Rating displays stocks on a scale of 1 to 10 with 10 being awarded to the
least risky stocks. It is derived by looking at a series of long-term (5-year) and
short-term (90-day) stock performance measures including volatility, magnitude of
returns, beta, and correlation. Each factor is equally weighted. Then, equal deciles
are used to rank each stock across the market. A stock needs to have at least two
of the four risk factors in order to receive a score.
● Magnitude of Returns – The best / worst daily returns in the past 90 days and the
best / worst monthly returns in the past 60 months.
● Volatility – The standard deviation of the stock price over the last 90 days and
last 60 months, along with the average and largest intra-day stock swing.
● Beta – Measures the tendency of a security’s returns to respond to swings in the
market, based on the beta of the company versus the relevant index.
● Correlation – Determines how closely the returns of the stock and the relevant
index move together, measured over the last 90 days and last 60 months.
Risk Analysis
Price analysis for the company and the relevant index is provided over two time
periods. Daily analysis is provided for the last 90 days, whereas monthly statistics
are used for the last 60 months.
Price Momentum
The Price Momentum Rating is based on a combination of two technical
performance factors: relative strength (70% weight) and seasonality (30% weight).
After the weightings are considered to combine individual factors, equal deciles are
used to rank each stock across the market on a scale of 1 to 10, with 10 being most
favorable. A stock needs to have data for the relative strength factor in order to
receive a score.
● Relative Strength – The relative strength of the company for the last 1 month, 3
months, and 6 months on a scale of 1 to 100.
● Seasonality – The average monthly return (price performance) for the current
month and next 2 months for the company and industry, over the past 10 years.
A lower industry rank indicates a higher return.
Price Performance
Daily close prices are used to calculate the price performance of the stock. The
performance of the relevant index is also displayed as a means of comparison.
DISCLAIMER
Republication or redistribution of Thomson Reuters content, including by framing
or similar means, is prohibited without the prior written consent of Thomson
Reuters. All information in this report is assumed to be accurate to the best of our
ability. Thomson Reuters is not liable for any errors or delays in Thomson
Reuters content, or for any actions taken in reliance on such content.
Any forward-looking statements included in the Thomson Reuters content are based
on certain assumptions and are subject to a number of risks and uncertainties that
could cause actual results to differ materially from current expectations. There is no
assurance that any forward-looking statements will materialize.
The content in this Thomson Reuters report does not constitute investment advice
or a recommendation to buy or sell securities of any kind. Past performance is not a
guarantee of future results. Investors should consider this report as only a single
factor when making an investment decision.
The Financial and

Risk business of

Thomson Reuters Stock Report - Hindustan Unilever LTD PDF

Hochgeladen von

Dokumentinformationen

Originaltitel

Copyright

Verfügbare Formate

Dieses Dokument teilen

Dokument teilen oder einbetten

Freigabeoptionen

Stufen Sie dieses Dokument als nützlich ein?

Sind diese Inhalte unangemessen?

Copyright:

Verfügbare Formate

Thomson Reuters Stock Report - Hindustan Unilever LTD PDF

Hochgeladen von

Copyright:

Verfügbare Formate

STOCKREPORTS+

HINDUSTAN UNILEVER (HINDUNILVR-IN)

HIGHLIGHTS THOMSON REUTERS I/B/E/S MEAN

PRICE AND VOLUME CHARTS

The Financial and

Earnings Fundamental Relative Valuation Risk Price Momentum

PEER ANALYSIS Currency in INR

PRICE MOMENTUM VALUATION FUNDAMENTAL ANALYSTS

The Financial and

EARNINGS Currency in INR

POSITIVE OUTLOOK: Strong earnings with Earnings Score Averages

Last 4 Years Last 4 Weeks Last 120 Days

HIGHLIGHTS PRICE TARGET

The Financial and

EARNINGS PER SHARE

48.00 Annual 2020 2021

MEAN ESTIMATE TREND ANALYST RECOMMENDATIONS

The Financial and

The Financial and

RELATIVE VALUATION INDICATORS

MARICO GODREJC… COLPAL

Price to Sales 10.6 Trailing PE 63.6 Forward PE 55.5

The Financial and

PRICE TO SALES TRAILING PE

FORWARD PE FORWARD PEG

The Financial and

HIGHLIGHTS RISK ANALYSIS

The Financial and

PRICE MOMENTUM Currency in INR

NEUTRAL OUTLOOK: Performance relatively Price Momentum Score Averages

PRICE MOMENTUM INDICATORS

-3.5% - On 2020-01-10, HINDUNILVR closed at 1,954.00, 10.8%

The Financial and

Mean Estimate Trend

Earnings Indicator Trend

The Financial and

Das könnte Ihnen auch gefallen