UN - Henkel: Good Relative Value At 17.2x Forward P/E In This European Giant
- At 17.2x forward P/E and with growth rates above competitors Unilever and Proctor & Gamble, Henkel looks like a great relative value investment in today's expensive market environment.
- Henkel's strong product offerings and global footprint have allowed the company to achieve an average ROE and ROIC of 14.6% and 11.7%, respectively, over the past decade.
- Over the past 10 years, annual revenue and EPS growth have averaged 4.0% and 13.25%, respectively.
- The company is very conservatively financed, which leaves the opportunity for shareholder equity to be leveraged further in order to drive EPS growth.
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Henkel: Good Relative Value At 17.2x Forward P/E In This European Giant