I’m researching UL right now, and while it looks attractive on the surface (since it owns a crap-ton of well-known brands across both food and consumer product industries), it’s more concerning after a deeper dive.
For starters, it only holds 6.7 billion in free cash flow while its net debt is 19 billion. Then there’s the competitive edge: how much does it have over brands like Nestle in food or PG in household products? The stock’s been beat up lately, and Gurufocus has it listed as undervalued, but Yahoo Finance forecasts a -9% return for the year.
Anyone have any thoughts on UL?
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