PHILIP MORRIS INTERNATIONAL (4I1.DE) Fundamental Analysis & Valuation
FRA:4I1 • US7181721090
144.16 EUR
-5 (-3.35%)
Last: Mar 6, 2026, 07:00 PM
This 4I1.DE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
We assign a fundamental rating of 5 out of 10 to 4I1. 4I1 was compared to 5 industry peers in the Tobacco industry. Both the profitability and the financial health of 4I1 get a neutral evaluation. Nothing too spectacular is happening here. 4I1 is valied quite expensively at the moment, while it does show a decent growth rate.
1. 4I1.DE Profitability Analysis
1.1 Basic Checks
- 4I1 had positive earnings in the past year.
- In the past year 4I1 had a positive cash flow from operations.
- In the past 5 years 4I1 has always been profitable.
- In the past 5 years 4I1 always reported a positive cash flow from operatings.
1.2 Ratios
- 4I1 has a better Return On Assets (16.36%) than 80.00% of its industry peers.
- 4I1 has a Return On Invested Capital of 27.75%. This is comparable to the rest of the industry: 4I1 outperforms 60.00% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for 4I1 is above the industry average of 22.59%.
- The 3 year average ROIC (26.43%) for 4I1 is below the current ROIC(27.75%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.36% | ||
| ROE | N/A | ||
| ROIC | 27.75% |
ROA(3y)13.22%
ROA(5y)15.26%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)26.43%
ROIC(5y)29.99%
1.3 Margins
- 4I1 has a better Profit Margin (27.84%) than 80.00% of its industry peers.
- 4I1's Profit Margin has been stable in the last couple of years.
- 4I1 has a Operating Margin of 38.56%. This is comparable to the rest of the industry: 4I1 outperforms 60.00% of its industry peers.
- 4I1's Operating Margin has declined in the last couple of years.
- 4I1 has a Gross Margin of 67.13%. This is in the better half 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 | 38.56% | ||
| PM (TTM) | 27.84% | ||
| GM | 67.13% |
OM growth 3Y-1.49%
OM growth 5Y-1.6%
PM growth 3Y-0.68%
PM growth 5Y-0.12%
GM growth 3Y1.26%
GM growth 5Y0.14%
2. 4I1.DE Health Analysis
2.1 Basic Checks
- 4I1 has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
- Compared to 1 year ago, 4I1 has about the same amount of shares outstanding.
- Compared to 5 years ago, 4I1 has about the same amount of shares outstanding.
- 4I1 has a better debt/assets ratio than last year.
2.2 Solvency
- 4I1 has an Altman-Z score of 4.08. This indicates that 4I1 is financially healthy and has little risk of bankruptcy at the moment.
- 4I1 has a Altman-Z score of 4.08. This is in the better half of the industry: 4I1 outperforms 80.00% of its industry peers.
- The Debt to FCF ratio of 4I1 is 4.58, which is a neutral value as it means it would take 4I1, 4.58 years of fcf income to pay off all of its debts.
- 4I1 has a worse Debt to FCF ratio (4.58) than 60.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 4.58 | ||
| Altman-Z | 4.08 |
ROIC/WACC3.17
WACC8.76%
2.3 Liquidity
- 4I1 has a Current Ratio of 0.96. This is a bad value and indicates that 4I1 is not financially healthy enough and could expect problems in meeting its short term obligations.
- With an excellent Current ratio value of 0.96, 4I1 belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
- A Quick Ratio of 0.51 indicates that 4I1 may have some problems paying its short term obligations.
- The Quick ratio of 4I1 (0.51) is worse than 60.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.96 | ||
| Quick Ratio | 0.51 |
3. 4I1.DE Growth Analysis
3.1 Past
- 4I1 shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 14.96%, which is quite good.
- Measured over the past 5 years, 4I1 shows a small growth in Earnings Per Share. The EPS has been growing by 7.77% on average per year.
- 4I1 shows a small growth in Revenue. In the last year, the Revenue has grown by 7.31%.
- 4I1 shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.21% yearly.
EPS 1Y (TTM)14.96%
EPS 3Y8.11%
EPS 5Y7.77%
EPS Q2Q%9.03%
Revenue 1Y (TTM)7.31%
Revenue growth 3Y8.57%
Revenue growth 5Y7.21%
Sales Q2Q%6.76%
3.2 Future
- The Earnings Per Share is expected to grow by 10.25% on average over the next years. This is quite good.
- 4I1 is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.81% yearly.
EPS Next Y13.99%
EPS Next 2Y11.47%
EPS Next 3Y11.03%
EPS Next 5Y10.25%
Revenue Next Year7.69%
Revenue Next 2Y7.07%
Revenue Next 3Y6.88%
Revenue Next 5Y6.81%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. 4I1.DE Valuation Analysis
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 22.25, 4I1 is valued on the expensive side.
- 60.00% of the companies in the same industry are cheaper than 4I1, based on the Price/Earnings ratio.
- 4I1 is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.29, which is the current average of the S&P500 Index.
- 4I1 is valuated rather expensively with a Price/Forward Earnings ratio of 19.51.
- Based on the Price/Forward Earnings ratio, 4I1 is valued a bit more expensive than 60.00% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.57, 4I1 is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.25 | ||
| Fwd PE | 19.51 |
4.2 Price Multiples
- 4I1's Enterprise Value to EBITDA is on the same level as the industry average.
- Based on the Price/Free Cash Flow ratio, 4I1 is valued a bit more expensive than the industry average as 60.00% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.45 | ||
| EV/EBITDA | 17.74 |
4.3 Compensation for Growth
- 4I1's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- The decent profitability rating of 4I1 may justify a higher PE ratio.
PEG (NY)1.59
PEG (5Y)2.86
EPS Next 2Y11.47%
EPS Next 3Y11.03%
5. 4I1.DE Dividend Analysis
5.1 Amount
- 4I1 has a Yearly Dividend Yield of 3.46%.
- With a Dividend Yield of 3.46, 4I1 pays less dividend than the industry average, which is at 4.62. 80.00% of the companies listed in the same industry pay a better dividend than 4I1!
- 4I1's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.46% |
5.2 History
- The dividend of 4I1 has a limited annual growth rate of 3.22%.
Dividend Growth(5Y)3.22%
Div Incr Years5
Div Non Decr Years5
5.3 Sustainability
- 76.21% of the earnings are spent on dividend by 4I1. This is not a sustainable payout ratio.
- 4I1's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP76.21%
EPS Next 2Y11.47%
EPS Next 3Y11.03%
4I1.DE Fundamentals: All Metrics, Ratios and Statistics
FRA:4I1 (3/6/2026, 7:00:00 PM)
144.16
-5 (-3.35%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryTobacco
Earnings (Last)02-06 2026-02-06/bmo
Earnings (Next)04-22 2026-04-22/bmo
Inst Owners83.11%
Inst Owner ChangeN/A
Ins Owners0.15%
Ins Owner ChangeN/A
Market Cap224.41B
Revenue(TTM)40.65B
Net Income(TTM)11.32B
Analysts79.26
Price Target163.64 (13.51%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.46% |
Yearly Dividend4.79
Dividend Growth(5Y)3.22%
DP76.21%
Div Incr Years5
Div Non Decr Years5
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.2%
Min EPS beat(2)-3.43%
Max EPS beat(2)3.83%
EPS beat(4)2
Avg EPS beat(4)0.48%
Min EPS beat(4)-3.43%
Max EPS beat(4)3.83%
EPS beat(8)5
Avg EPS beat(8)0.71%
EPS beat(12)7
Avg EPS beat(12)0.23%
EPS beat(16)11
Avg EPS beat(16)2.29%
Revenue beat(2)0
Avg Revenue beat(2)-2.55%
Min Revenue beat(2)-3.64%
Max Revenue beat(2)-1.46%
Revenue beat(4)0
Avg Revenue beat(4)-2.71%
Min Revenue beat(4)-4.73%
Max Revenue beat(4)-1.03%
Revenue beat(8)2
Avg Revenue beat(8)-1.35%
Revenue beat(12)3
Avg Revenue beat(12)-1.58%
Revenue beat(16)7
Avg Revenue beat(16)0.38%
PT rev (1m)4.94%
PT rev (3m)2.62%
EPS NQ rev (1m)-3.72%
EPS NQ rev (3m)-3.89%
EPS NY rev (1m)-0.09%
EPS NY rev (3m)-0.33%
Revenue NQ rev (1m)-2.48%
Revenue NQ rev (3m)-2.73%
Revenue NY rev (1m)0.06%
Revenue NY rev (3m)0.05%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.25 | ||
| Fwd PE | 19.51 | ||
| P/S | 6.41 | ||
| P/FCF | 24.45 | ||
| P/OCF | 21.31 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 17.74 |
EPS(TTM)6.48
EY4.5%
EPS(NY)7.39
Fwd EY5.12%
FCF(TTM)5.9
FCFY4.09%
OCF(TTM)6.76
OCFY4.69%
SpS22.48
BVpS-5.53
TBVpS-21.09
PEG (NY)1.59
PEG (5Y)2.86
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.36% | ||
| ROE | N/A | ||
| ROCE | 35.82% | ||
| ROIC | 27.75% | ||
| ROICexc | 31.22% | ||
| ROICexgc | 111.78% | ||
| OM | 38.56% | ||
| PM (TTM) | 27.84% | ||
| GM | 67.13% | ||
| FCFM | 26.24% |
ROA(3y)13.22%
ROA(5y)15.26%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)26.43%
ROIC(5y)29.99%
ROICexc(3y)29.34%
ROICexc(5y)34.49%
ROICexgc(3y)118.63%
ROICexgc(5y)114.9%
ROCE(3y)34.6%
ROCE(5y)40.09%
ROICexgc growth 3Y5.23%
ROICexgc growth 5Y4.06%
ROICexc growth 3Y4.83%
ROICexc growth 5Y-9.48%
OM growth 3Y-1.49%
OM growth 5Y-1.6%
PM growth 3Y-0.68%
PM growth 5Y-0.12%
GM growth 3Y1.26%
GM growth 5Y0.14%
F-Score7
Asset Turnover0.59
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 4.58 | ||
| Debt/EBITDA | 2.56 | ||
| Cap/Depr | 78.61% | ||
| Cap/Sales | 3.86% | ||
| Interest Coverage | 9.29 | ||
| Cash Conversion | 69.23% | ||
| Profit Quality | 94.24% | ||
| Current Ratio | 0.96 | ||
| Quick Ratio | 0.51 | ||
| Altman-Z | 4.08 |
F-Score7
WACC8.76%
ROIC/WACC3.17
Cap/Depr(3y)84.64%
Cap/Depr(5y)83.89%
Cap/Sales(3y)3.81%
Cap/Sales(5y)3.44%
Profit Quality(3y)116.19%
Profit Quality(5y)115.97%
High Growth Momentum
Growth
EPS 1Y (TTM)14.96%
EPS 3Y8.11%
EPS 5Y7.77%
EPS Q2Q%9.03%
EPS Next Y13.99%
EPS Next 2Y11.47%
EPS Next 3Y11.03%
EPS Next 5Y10.25%
Revenue 1Y (TTM)7.31%
Revenue growth 3Y8.57%
Revenue growth 5Y7.21%
Sales Q2Q%6.76%
Revenue Next Year7.69%
Revenue Next 2Y7.07%
Revenue Next 3Y6.88%
Revenue Next 5Y6.81%
EBIT growth 1Y15.18%
EBIT growth 3Y6.95%
EBIT growth 5Y5.5%
EBIT Next Year17.31%
EBIT Next 3Y11.06%
EBIT Next 5Y11.12%
FCF growth 1Y-1.01%
FCF growth 3Y3.12%
FCF growth 5Y2.98%
OCF growth 1Y0.13%
OCF growth 3Y4.23%
OCF growth 5Y4.51%
PHILIP MORRIS INTERNATIONAL / 4I1.DE FAQ
What is the ChartMill fundamental rating of PHILIP MORRIS INTERNATIONAL (4I1.DE) stock?
ChartMill assigns a fundamental rating of 5 / 10 to 4I1.DE.
What is the valuation status of PHILIP MORRIS INTERNATIONAL (4I1.DE) stock?
ChartMill assigns a valuation rating of 2 / 10 to PHILIP MORRIS INTERNATIONAL (4I1.DE). This can be considered as Overvalued.
What is the profitability of 4I1 stock?
PHILIP MORRIS INTERNATIONAL (4I1.DE) has a profitability rating of 6 / 10.
What are the PE and PB ratios of PHILIP MORRIS INTERNATIONAL (4I1.DE) stock?
The Price/Earnings (PE) ratio for PHILIP MORRIS INTERNATIONAL (4I1.DE) is 22.25 and the Price/Book (PB) ratio is -26.09.
How sustainable is the dividend of PHILIP MORRIS INTERNATIONAL (4I1.DE) stock?
The dividend rating of PHILIP MORRIS INTERNATIONAL (4I1.DE) is 4 / 10 and the dividend payout ratio is 76.21%.