PHILIP MORRIS INTERNATIONAL (4I1.DE) Stock Fundamental Analysis
Europe - FRA:4I1 - US7181721090 - Common Stock
137.94 EUR
-1.64 (-1.17%)
4I1 gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 5 industry peers in the Tobacco industry. While 4I1 is still in line with the averages on profitability rating, there are concerns on its financial health. 4I1 is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year 4I1 was profitable.
4I1 had a positive operating cash flow in the past year.
In the past 5 years 4I1 has always been profitable.
4I1 had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
4I1's Return On Assets of 11.98% is in line compared to the rest of the industry. 4I1 outperforms 60.00% of its industry peers.
4I1's Return On Invested Capital of 26.29% is in line compared to the rest of the industry. 4I1 outperforms 60.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for 4I1 is in line with the industry average of 24.39%.
The last Return On Invested Capital (26.29%) for 4I1 is above the 3 year average (25.07%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.98% | ||
| ROE | N/A | ||
| ROIC | 26.29% |
ROA(3y)12.65%
ROA(5y)15.58%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)25.07%
ROIC(5y)31.2%
1.3 Margins
Looking at the Profit Margin, with a value of 21.01%, 4I1 is in line with its industry, outperforming 60.00% of the companies in the same industry.
In the last couple of years the Profit Margin of 4I1 has declined.
The Operating Margin of 4I1 (37.78%) is comparable to the rest of the industry.
In the last couple of years the Operating Margin of 4I1 has remained more or less at the same level.
4I1's Gross Margin of 66.45% is fine compared to the rest of the industry. 4I1 outperforms 80.00% of its industry peers.
4I1's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 37.78% | ||
| PM (TTM) | 21.01% | ||
| GM | 66.46% |
OM growth 3Y-4.61%
OM growth 5Y-0.93%
PM growth 3Y-13.73%
PM growth 5Y-5.04%
GM growth 3Y-1.62%
GM growth 5Y0.03%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), 4I1 is creating value.
Compared to 1 year ago, 4I1 has about the same amount of shares outstanding.
4I1 has about the same amout of shares outstanding than it did 5 years ago.
4I1 has a worse debt/assets ratio than last year.
2.2 Solvency
4I1 has a debt to FCF ratio of 5.72. This is a neutral value as 4I1 would need 5.72 years to pay back of all of its debts.
4I1's Debt to FCF ratio of 5.72 is on the low side compared to the rest of the industry. 4I1 is outperformed by 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 5.73 | ||
| Altman-Z | N/A |
ROIC/WACC3.46
WACC7.59%
2.3 Liquidity
4I1 has a Current Ratio of 0.83. This is a bad value and indicates that 4I1 is not financially healthy enough and could expect problems in meeting its short term obligations.
4I1's Current ratio of 0.83 is fine compared to the rest of the industry. 4I1 outperforms 80.00% of its industry peers.
A Quick Ratio of 0.83 indicates that 4I1 may have some problems paying its short term obligations.
With an excellent Quick ratio value of 0.83, 4I1 belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.83 | ||
| Quick Ratio | 0.83 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 15.36% over the past year.
4I1 shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 4.72% yearly.
The Revenue has been growing slightly by 7.16% in the past year.
4I1 shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.91% yearly.
EPS 1Y (TTM)15.36%
EPS 3Y2.57%
EPS 5Y4.72%
EPS Q2Q%20.13%
Revenue 1Y (TTM)7.16%
Revenue growth 3Y6.45%
Revenue growth 5Y4.91%
Sales Q2Q%7.1%
3.2 Future
The Earnings Per Share is expected to grow by 11.93% on average over the next years. This is quite good.
Based on estimates for the next years, 4I1 will show a quite strong growth in Revenue. The Revenue will grow by 8.73% on average per year.
EPS Next Y18.63%
EPS Next 2Y14.86%
EPS Next 3Y13.09%
EPS Next 5Y11.93%
Revenue Next Year8.93%
Revenue Next 2Y8.66%
Revenue Next 3Y8.03%
Revenue Next 5Y8.73%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 23.14, 4I1 is valued on the expensive side.
80.00% of the companies in the same industry are cheaper than 4I1, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 27.20. 4I1 is around the same levels.
4I1 is valuated rather expensively with a Price/Forward Earnings ratio of 18.90.
Based on the Price/Forward Earnings ratio, 4I1 is valued expensively inside the industry as 80.00% of the companies are valued cheaper.
The average S&P500 Price/Forward Earnings ratio is at 22.70. 4I1 is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.14 | ||
| Fwd PE | 18.9 |
4.2 Price Multiples
60.00% of the companies in the same industry are cheaper than 4I1, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of 4I1 indicates a rather expensive valuation: 4I1 more expensive than 80.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 28.27 | ||
| EV/EBITDA | 18.08 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
4I1's earnings are expected to grow with 13.09% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.24
PEG (5Y)4.9
EPS Next 2Y14.86%
EPS Next 3Y13.09%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.22%, 4I1 has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 5.53, 4I1's dividend is way lower than its industry peers. On top of this 80.00% of the companies listed in the same industry pay a better dividend than 4I1!
Compared to an average S&P500 Dividend Yield of 2.38, 4I1 pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.22% |
5.2 History
The dividend of 4I1 has a limited annual growth rate of 2.76%.
Dividend Growth(5Y)2.76%
Div Incr Years5
Div Non Decr Years5
5.3 Sustainability
4I1 pays out 101.82% of its income as dividend. This is not a sustainable payout ratio.
The dividend of 4I1 is growing, but earnings are growing more, so the dividend growth is sustainable.
DP101.82%
EPS Next 2Y14.86%
EPS Next 3Y13.09%
FRA:4I1 (9/18/2025, 4:41:23 PM)
137.94
-1.64 (-1.17%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryTobacco
Earnings (Last)
Earnings (Next)
Inst Owners82.07%
Inst Owner ChangeN/A
Ins Owners0.14%
Ins Owner ChangeN/A
Market Cap214.72B
Analysts81.48
Price Target159.77 (15.83%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.22% |
Yearly Dividend4.5
Dividend Growth(5Y)2.76%
DP101.82%
Div Incr Years5
Div Non Decr Years5
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.77%
Min EPS beat(2)-0.19%
Max EPS beat(2)1.72%
EPS beat(4)3
Avg EPS beat(4)0.94%
Min EPS beat(4)-0.19%
Max EPS beat(4)1.78%
EPS beat(8)5
Avg EPS beat(8)-0.35%
EPS beat(12)8
Avg EPS beat(12)1.72%
EPS beat(16)10
Avg EPS beat(16)2.13%
Revenue beat(2)0
Avg Revenue beat(2)-2.88%
Min Revenue beat(2)-4.73%
Max Revenue beat(2)-1.03%
Revenue beat(4)0
Avg Revenue beat(4)-1.65%
Min Revenue beat(4)-4.73%
Max Revenue beat(4)-0.13%
Revenue beat(8)2
Avg Revenue beat(8)-1.43%
Revenue beat(12)5
Avg Revenue beat(12)-0.23%
Revenue beat(16)8
Avg Revenue beat(16)0.78%
PT rev (1m)-2.29%
PT rev (3m)0.8%
EPS NQ rev (1m)2.33%
EPS NQ rev (3m)-1.25%
EPS NY rev (1m)0.92%
EPS NY rev (3m)0.95%
Revenue NQ rev (1m)-0.26%
Revenue NQ rev (3m)-0.39%
Revenue NY rev (1m)-0.17%
Revenue NY rev (3m)-0.38%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.14 | ||
| Fwd PE | 18.9 | ||
| P/S | 6.51 | ||
| P/FCF | 28.27 | ||
| P/OCF | 24.42 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 18.08 |
EPS(TTM)5.96
EY4.32%
EPS(NY)7.3
Fwd EY5.29%
FCF(TTM)4.88
FCFY3.54%
OCF(TTM)5.65
OCFY4.09%
SpS21.2
BVpS-6.49
TBVpS-22.02
PEG (NY)1.24
PEG (5Y)4.9
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.98% | ||
| ROE | N/A | ||
| ROCE | 36.56% | ||
| ROIC | 26.29% | ||
| ROICexc | 29.1% | ||
| ROICexgc | 111.1% | ||
| OM | 37.78% | ||
| PM (TTM) | 21.01% | ||
| GM | 66.46% | ||
| FCFM | 23.01% |
ROA(3y)12.65%
ROA(5y)15.58%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)25.07%
ROIC(5y)31.2%
ROICexc(3y)27.51%
ROICexc(5y)37.8%
ROICexgc(3y)111.48%
ROICexgc(5y)109.03%
ROCE(3y)35.09%
ROCE(5y)42.41%
ROICexcg growth 3Y8.03%
ROICexcg growth 5Y11.03%
ROICexc growth 3Y-18.85%
ROICexc growth 5Y-9.39%
OM growth 3Y-4.61%
OM growth 5Y-0.93%
PM growth 3Y-13.73%
PM growth 5Y-5.04%
GM growth 3Y-1.62%
GM growth 5Y0.03%
F-Score6
Asset Turnover0.57
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 5.73 | ||
| Debt/EBITDA | 2.69 | ||
| Cap/Depr | 72.85% | ||
| Cap/Sales | 3.63% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 62.31% | ||
| Profit Quality | 109.54% | ||
| Current Ratio | 0.83 | ||
| Quick Ratio | 0.83 | ||
| Altman-Z | N/A |
F-Score6
WACC7.59%
ROIC/WACC3.46
Cap/Depr(3y)88.63%
Cap/Depr(5y)80.44%
Cap/Sales(3y)3.65%
Cap/Sales(5y)3.09%
Profit Quality(3y)120.71%
Profit Quality(5y)120.05%
High Growth Momentum
Growth
EPS 1Y (TTM)15.36%
EPS 3Y2.57%
EPS 5Y4.72%
EPS Q2Q%20.13%
EPS Next Y18.63%
EPS Next 2Y14.86%
EPS Next 3Y13.09%
EPS Next 5Y11.93%
Revenue 1Y (TTM)7.16%
Revenue growth 3Y6.45%
Revenue growth 5Y4.91%
Sales Q2Q%7.1%
Revenue Next Year8.93%
Revenue Next 2Y8.66%
Revenue Next 3Y8.03%
Revenue Next 5Y8.73%
EBIT growth 1Y8.02%
EBIT growth 3Y1.54%
EBIT growth 5Y3.93%
EBIT Next Year24.58%
EBIT Next 3Y14.17%
EBIT Next 5Y11.91%
FCF growth 1Y21.31%
FCF growth 3Y-1.34%
FCF growth 5Y3.12%
OCF growth 1Y20.33%
OCF growth 3Y0.69%
OCF growth 5Y3.9%