UNLRF (PT Unilever Indonesia Tbk) Owner Earnings per Share (TTM): 0.01 (As of Mar. 2026) — 100% Below Median

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UNLRF PT Unilever Indonesia Tbk UNLRF
86 GF Score
Price $0.05
GF Value $0.12
Valuation Possible Value Trap
! 6 Warning Signs
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What is PT Unilever Indonesia Tbk Owner Earnings per Share (TTM)?

PT Unilever Indonesia Tbk UNLRF 86 Owner Earnings per Share (TTM) is 0.01 as of Mar. 2026, which is 100% below its 10-year median of 37.35. GuruFocus rates UNLRF with a GF Score™ of 86/100 and a GF Value™ of $0.12 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 990 Consumer Packaged Goods companies, PT Unilever Indonesia Tbk ranks better than 74.04% on this metric.

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

PT Unilever Indonesia Tbk's Owner Earnings per Share (TTM) ended in Mar. 2026 was $0.01. It's Price-to-Owner-Earnings ratio for today is 5.49.


The historical rank and industry rank for PT Unilever Indonesia Tbk's Owner Earnings per Share (TTM) or its related term are showing as below:

UNLRF' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 7.32   Med: 37.35   Max: 72.31
Current: 8.11


During the past 13 years, the highest Price-to-Owner-Earnings ratio of PT Unilever Indonesia Tbk was 72.31. The lowest was 7.32. And the median was 37.35.


UNLRF's Price-to-Owner-Earnings is ranked better than
74.04% of 990 companies
in the Consumer Packaged Goods industry
Industry Median: 14.695 vs UNLRF: 8.11

PT Unilever Indonesia Tbk's Earnings per Share (Diluted) for the three months ended in Mar. 2026 was $0.00. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $0.01. It's PE Ratio (TTM) ratio for today is 4.22.

PT Unilever Indonesia Tbk's EPS without NRI for the three months ended in Mar. 2026 was $0.00. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was $0.01. It's PE Ratio without NRI ratio for today is 10.98.


Be Aware

Assumption: Companies usually do not report maintenance capital expenditures and growth capital expenditures separately. Here we use estimated numbers and average them over 5 years. The method to estimate maintenance capital expenditures can be found in above part 4.

Note: GuruFocus' Change In Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And it includes non-current parts of assets and liabilities.


PT Unilever Indonesia Tbk Owner Earnings per Share (TTM) Related Terms


PT Unilever Indonesia Tbk Owner Earnings per Share (TTM) Historical Data

* Premium members only.

The historical data trend for PT Unilever Indonesia Tbk's Owner Earnings per Share (TTM) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

PT Unilever Indonesia Tbk Owner Earnings per Share (TTM) Chart

PT Unilever Indonesia Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Owner Earnings per Share (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.01 0.00 0.01

PT Unilever Indonesia Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Owner Earnings per Share (TTM) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.01 0.01

UNLRF vs PG, CL, KVUE: Owner Earnings per Share (TTM) Comparison

For the Household & Personal Products subindustry, PT Unilever Indonesia Tbk's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PT Unilever Indonesia Tbk Price-to-Owner-Earnings vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Unilever Indonesia Tbk's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where PT Unilever Indonesia Tbk's Price-to-Owner-Earnings falls into.


UNLRF
86GF Score
PT Unilever Indonesia Tbk UNLRF
Owner Earnings per Share (TTM) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Unilever Indonesia Tbk Owner Earnings per Share (TTM) Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

To make it simple, then you will have:

Owner Earnings per Share (TTM) = (Net Income + Depreciation, Depletion and Amortization + Change In Deferred Tax - 5Y Average of Maintenance Capital Expenditure + Change In Working Capital) / Shares Outstanding (Diluted Average)

PT Unilever Indonesia Tbk's Owner Earnings per Share (TTM) Calculation:

TTM / Last Quarter Average of Last 20 Quarters
Net Income 512
Depreciation, Depletion and Amortization 15
Change In Deferred Tax 0
5Y Average of Maintenance Capital Expenditure 54
Change In Working Capital 0
Shares Outstanding (Diluted Average) 37,981

1. Start with "Net Income" from income statement. PT Unilever Indonesia Tbk's Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was $512 Mil.

2. "Depreciation, Depletion and Amortization" is from cashflow statement. PT Unilever Indonesia Tbk's Depreciation, Depletion and Amortization for the trailing twelve months (TTM) ended in Mar. 2026 was $15 Mil. This needs to be added back because company does not actually need to pay cash for it. It is a non-cash item.

3. Other non-cash charges usually include "Stock Based Compensation" and "Change In Deferred Tax":
However, to be conservative, GuruFocus will not add Stock Based Compensation back to net income. PT Unilever Indonesia Tbk's Change In Deferred Tax for the trailing twelve months (TTM) ended in Mar. 2026 was $0 Mil.

4. Average maintenance capital expenditure over a business/industry cycle: 5-Year Average Maintenance Capital Expenditure = $54 Mil

It is usually best to take a long-term average of maintenance capital expenditure. Ideally this would be as long as 10 years and include at least one economic downturn. However, since many companies do not have as long as 10-year history, here GuruFocus uses the latest 5 years data to do the calculation. To smooth out unusual years but reflect recent developments, we take an average of the 5 year maintenance capital expenditure.

The following shows how to get maintenance capital expenditure.

First, calculate the revenue change regarding to the previous quarter. If the revenue decreased from the previous quarter, then the Maintenance Capital Expenditure = Capital Expenditure (positive).
Second, if the revenue increased from the previous quarter, then calculate the percentage of Net PPE as of corresponding Revenue.
Growth Capital Expenditure = Percentage of Property, Plant and Equipment as of corresponding Revenue * Revenue Increase
Third, calculate Capital Expenditure (positive) - Growth Capital Expenditure.
If [Capital Expenditure (positive) - Growth Capital Expenditure] was negative, then the Maintenance Capital Expenditure = Capital Expenditure (positive).
If [Capital Expenditure (positive) - Growth Capital Expenditure] was positive, then the Maintenance Capital Expenditure = Capital Expenditure (positive) - Growth Capital Expenditure.
Fourth, get the average of the 5 years maintenance capital expenditure.

PT Unilever Indonesia Tbk's 5-Year Average Maintenance Capital Expenditure = $54 Mil

5. "Change In Working Capital" is from cashflow statement. PT Unilever Indonesia Tbk's Change In Working Capital for the trailing twelve months (TTM) ended in Mar. 2026 was $0 Mil.
Note: GuruFocus' Change in Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And sometimes it includes non-current parts of assets and liabilities.

6. PT Unilever Indonesia Tbk's Shares Outstanding (Diluted Average) for the months ended in Mar. 2026 was 37981.000 Mil.

PT Unilever Indonesia Tbk's Onwer Earnings Per Share for Mar. 2026 is calculated as:

Owner Earnings per Share (TTM)
=( Net Income+Depreciation, Depletion and Amortization+Change In Deferred Tax
=( 511.933 +15.391+0
-5Y Avg of Maintenance CAPEX+Change In Working Capital )/Shares Outstanding (Diluted Average)
-53.724030921528+0)/37981.000
=0.01

Price-to-Owner-Earnings=Current Price/Owner Earnings per Share (TTM)
=0.0549/0.01
=5.49

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Owner Earnings per Share (TTM) of 0.01 mean?
PT Unilever Indonesia Tbk (UNLRF) has a Owner Earnings per Share (TTM) of 0.01 as of Mar. 2026. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on PT Unilever Indonesia Tbk. This is 100% below median its historical median of 37.35. Over the past decade, PT Unilever Indonesia Tbk's Owner Earnings per Share (TTM) has ranged from 7.32 to 72.31. According to the industry distribution chart, PT Unilever Indonesia Tbk ranks #257 out of 990 companies in the Consumer Packaged Goods industry, placing it in the top 26%.
Is PT Unilever Indonesia Tbk's Owner Earnings per Share (TTM) too high?
PT Unilever Indonesia Tbk's current Owner Earnings per Share (TTM) of 0.01 is 100% below median its 10-year median of 37.35. Over the past 10 years, this metric has ranged from a low of 7.32 to a high of 72.31. The Consumer Packaged Goods industry median Owner Earnings per Share (TTM) is 14.70. PT Unilever Indonesia Tbk's value of 0.01 is 99.9% below this industry median. Based on the distribution chart, PT Unilever Indonesia Tbk ranks #257 out of 990 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, PT Unilever Indonesia Tbk has a GF Score™ of 86/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Unilever Indonesia Tbk's Owner Earnings per Share (TTM) compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, PT Unilever Indonesia Tbk ranks #257 out of 990 companies for Owner Earnings per Share (TTM). This puts PT Unilever Indonesia Tbk in the upper half of its industry. The industry median Owner Earnings per Share (TTM) is 14.70. PT Unilever Indonesia Tbk's value of 0.01 is 99.9% below this benchmark. Historically, PT Unilever Indonesia Tbk's own Owner Earnings per Share (TTM) has ranged from 7.32 to 72.31 over the past decade. While the company's 10-year median is 37.35 vs. the industry median of 14.70, PT Unilever Indonesia Tbk has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Owner Earnings per Share (TTM) for a Consumer Packaged Goods company?
The median Owner Earnings per Share (TTM) among Consumer Packaged Goods companies is 14.70, based on 990 companies in the industry. Companies in the top quartile (top 25%) have a Owner Earnings per Share (TTM) significantly above this median, while those in the bottom quartile fall well below. However, Owner Earnings per Share (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PT Unilever Indonesia Tbk's current Owner Earnings per Share (TTM) of 0.01 is 99.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Owner Earnings per Share (TTM) mean?
A high Owner Earnings per Share (TTM) can signal that a stock is expensive relative to its fundamentals. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on PT Unilever Indonesia Tbk. For the Consumer Packaged Goods industry, the median Owner Earnings per Share (TTM) is 14.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Unilever Indonesia Tbk's current Owner Earnings per Share (TTM) is 0.01, which is 100% below median its own 10-year median of 37.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Unilever Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Unilever Indonesia Tbk (UNLRF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.12, compared to a current price of $0.05 — trading 54.3% below its estimated fair value. The current Owner Earnings per Share (TTM) is 0.01, which is 100% below median its 10-year median of 37.35 and 99.9% below the Consumer Packaged Goods industry median of 14.70. PT Unilever Indonesia Tbk's overall GF Score™ is 86/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Owner Earnings per Share (TTM) calculated?
Owner Earnings per Share (TTM) is calculated from a company's financial statements. For PT Unilever Indonesia Tbk (UNLRF), the current Owner Earnings per Share (TTM) is 0.01 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is PT Unilever Indonesia Tbk (UNLRF) Overvalued in 2026?

Based on GuruFocus' analysis, PT Unilever Indonesia Tbk stock appears to be undervalued. The current stock price of $0.05 is trading 54.3% below its estimated GF Value™ of $0.12. GuruFocus considers PT Unilever Indonesia Tbk to be Possible Value Trap.

Key valuation signals for UNLRF:

  • Owner Earnings per Share (TTM): 0.01 (100% below median its 10-year median of 37.35)
  • GF Value™: $0.12 vs. price of $0.05 (54.3% below fair value)
  • GF Score™: 86/100 with 6 warning signs
  • Industry Position: 99.9% below the Consumer Packaged Goods median (#257 of 990)

No single metric tells the full story. See the UNLRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PT Unilever Indonesia Tbk Business Description

Address Jl. BSD Boulevard Barat, Green Office Park Kavling 3, Grha Unilever, BSD City, Tangerang, IDN, 15345
PT Unilever Indonesia Tbk is an Indonesian company engaged in Manufacturing, marketing, and distributing consumer goods. It offers diverse, ranging from cosmetics and hygienic items (detergents, soaps, shampoos, skin care, toothpastes, and deodorants) to food and beverages (tea, coffee, and packaged foods). Its product portfolio contains products such as Pepsodent, Lux, Lifebuoy, Dove, Sunsilk, Clear, Rexona, Vaseline, Rinso, Molto, Sunlight, Royco, Bango, and more. The segments of the company are: the Home and Personal Care, which relates to the cleaning products that are used in the household and cosmetic products; and the Foods and Refreshment, which offers food and beverage products including ice cream. It derives maximum revenue from the Home and Personal Care segment.
86GF Score

Get the complete analysis for UNLRF

Owner Earnings per Share (TTM) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.05
Price
$0.12
GF Value