Colgate-Palmolive Co vs Unilever plc ADR

Colgate-Palmolive Co (CL) is overvalued and Unilever plc ADR (UL) is overvalued.

Both trade above our estimate of their intrinsic value. UL is the closer of the two: -34%, against -64% for CL.

Values as of the 22 Sept 2026 close.

Colgate-Palmolive Co (CL)

Discounting its cash flows at 7.4% (average of 3 methods) values the shares at $53.05; the price of $87.05 is 64% above that value, and 81% of that value comes from beyond year five.

Leak Score 55/100 on 10 of 12 signals

Unilever plc ADR (UL)

Discounting its cash flows at 7.3% (average of 3 methods) values the shares at $47.06; the price of $62.93 is 34% above that value, and 81% of that value comes from beyond year five.

Leak Score 59/100 on 3 of 12 signals

MetricCLUL
VerdictOvervaluedOvervalued
Price$87.05$62.93
Intrinsic value$53.05$47.06
Margin of safety-64%-34%
Leak Score55/100 (10/12)59/100 (3/12)
Market cap$69.4B$135.6B
Revenue growth, 5 years4.3%-0.3%
Operating margin21.8%20.3%
Net margin9.7%12.2%
Return on equity434.3%30.8%
Debt to equity33.291.98
P/E34.4x21.0x
Forward P/E21.2x16.0x
P/B294.0x7.3x
Dividend yield2.4%3.5%

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