PHILIP MORRIS INTERNATIONAL (4I1.DE) Stock Fundamental Analysis
FRA:4I1 - Deutsche Boerse Ag - US7181721090 - Common Stock - Currency: EUR
Taking everything into account, 4I1 scores 4 out of 10 in our fundamental rating. 4I1 was compared to 6 industry peers in the Tobacco industry. There are concerns on the financial health of 4I1 while its profitability can be described as average. 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.
Each year in the past 5 years 4I1 has been profitable.
Each year in the past 5 years 4I1 had a positive operating cash flow.
1.2 Ratios
The Return On Assets of 4I1 (11.64%) is comparable to the rest of the industry.
With a Return On Invested Capital value of 25.67%, 4I1 perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
4I1 had an Average Return On Invested Capital over the past 3 years of 25.07%. This is in line with the industry average of 24.26%.
The last Return On Invested Capital (25.67%) for 4I1 is above the 3 year average (25.07%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.64% | ||
| ROE | N/A | ||
| ROIC | 25.67% |
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
4I1's Profit Margin of 19.73% is in line compared to the rest of the industry. 4I1 outperforms 50.00% of its industry peers.
In the last couple of years the Profit Margin of 4I1 has declined.
With a Operating Margin value of 36.24%, 4I1 perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
In the last couple of years the Operating Margin of 4I1 has remained more or less at the same level.
With a decent Gross Margin value of 65.68%, 4I1 is doing good in the industry, outperforming 66.67% of the companies in the same industry.
In the last couple of years the Gross Margin of 4I1 has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 36.24% | ||
| PM (TTM) | 19.73% | ||
| GM | 65.68% |
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.
The number of shares outstanding for 4I1 remains at a similar level compared to 1 year ago.
The number of shares outstanding for 4I1 remains at a similar level compared to 5 years ago.
4I1 has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 4.13 indicates that 4I1 is not in any danger for bankruptcy at the moment.
4I1 has a better Altman-Z score (4.13) than 66.67% of its industry peers.
The Debt to FCF ratio of 4I1 is 4.86, which is a neutral value as it means it would take 4I1, 4.86 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of 4I1 (4.86) is worse than 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 4.86 | ||
| Altman-Z | 4.13 |
ROIC/WACC3.2
WACC8.01%
2.3 Liquidity
4I1 has a Current Ratio of 0.79. This is a bad value and indicates that 4I1 is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.79, 4I1 belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
4I1 has a Quick Ratio of 0.79. This is a bad value and indicates that 4I1 is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of 4I1 (0.43) is worse than 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.79 | ||
| Quick Ratio | 0.43 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 9.95% 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 6.78% 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)9.95%
EPS 3Y2.57%
EPS 5Y4.72%
EPS Q2Q%12.67%
Revenue 1Y (TTM)6.78%
Revenue growth 3Y6.45%
Revenue growth 5Y4.91%
Sales Q2Q%5.78%
3.2 Future
4I1 is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 11.07% yearly.
4I1 is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 9.00% yearly.
EPS Next Y17.55%
EPS Next 2Y14.43%
EPS Next 3Y12.97%
EPS Next 5Y11.07%
Revenue Next Year9.41%
Revenue Next 2Y8.93%
Revenue Next 3Y8.17%
Revenue Next 5Y9%
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
Based on the Price/Earnings ratio of 26.88, the valuation of 4I1 can be described as expensive.
Based on the Price/Earnings ratio, 4I1 is valued more expensive than 83.33% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.19. 4I1 is around the same levels.
A Price/Forward Earnings ratio of 21.14 indicates a rather expensive valuation of 4I1.
Based on the Price/Forward Earnings ratio, 4I1 is valued expensively inside the industry as 83.33% of the companies are valued cheaper.
4I1 is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 35.33, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.88 | ||
| Fwd PE | 21.14 |
4.2 Price Multiples
83.33% of the companies in the same industry are cheaper than 4I1, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, 4I1 is valued expensively inside the industry as 83.33% of the companies are valued cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.68 | ||
| EV/EBITDA | 20.42 |
4.3 Compensation for Growth
4I1's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
A more expensive valuation may be justified as 4I1's earnings are expected to grow with 12.97% in the coming years.
PEG (NY)1.53
PEG (5Y)5.69
EPS Next 2Y14.43%
EPS Next 3Y12.97%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.98%, 4I1 has a reasonable but not impressive dividend return.
With a Dividend Yield of 2.98, 4I1 pays less dividend than the industry average, which is at 5.50. 83.33% of the companies listed in the same industry pay a better dividend than 4I1!
4I1's Dividend Yield is a higher than the S&P500 average which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.98% |
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
109.27% of the earnings are spent on dividend by 4I1. This is not a sustainable payout ratio.
The dividend of 4I1 is growing, but earnings are growing more, so the dividend growth is sustainable.
DP109.27%
EPS Next 2Y14.43%
EPS Next 3Y12.97%
FRA:4I1 (7/14/2025, 7:00:00 PM)
155.1
+2.06 (+1.35%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryTobacco
Earnings (Last)
Earnings (Next)
Inst Owners81.41%
Inst Owner ChangeN/A
Ins Owners0.14%
Ins Owner ChangeN/A
Market Cap241.42B
Analysts80
Price Target159.68 (2.95%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.98% |
Yearly Dividend4.52
Dividend Growth(5Y)2.76%
DP109.27%
Div Incr Years5
Div Non Decr Years5
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)1.08%
Min EPS beat(2)0.44%
Max EPS beat(2)1.72%
EPS beat(4)3
Avg EPS beat(4)0.59%
Min EPS beat(4)-1.59%
Max EPS beat(4)1.78%
EPS beat(8)6
Avg EPS beat(8)0.36%
EPS beat(12)9
Avg EPS beat(12)2.9%
EPS beat(16)10
Avg EPS beat(16)2.04%
Revenue beat(2)0
Avg Revenue beat(2)-0.58%
Min Revenue beat(2)-1.03%
Max Revenue beat(2)-0.13%
Revenue beat(4)1
Avg Revenue beat(4)-0.44%
Min Revenue beat(4)-1.03%
Max Revenue beat(4)0.11%
Revenue beat(8)3
Avg Revenue beat(8)-0.76%
Revenue beat(12)6
Avg Revenue beat(12)1.23%
Revenue beat(16)8
Avg Revenue beat(16)0.82%
PT rev (1m)0.74%
PT rev (3m)14.1%
EPS NQ rev (1m)-0.06%
EPS NQ rev (3m)3.48%
EPS NY rev (1m)0.03%
EPS NY rev (3m)4.93%
Revenue NQ rev (1m)-0.06%
Revenue NQ rev (3m)2.89%
Revenue NY rev (1m)0.06%
Revenue NY rev (3m)2.68%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.88 | ||
| Fwd PE | 21.14 | ||
| P/S | 7.35 | ||
| P/FCF | 27.68 | ||
| P/OCF | 24.27 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 20.42 |
EPS(TTM)5.77
EY3.72%
EPS(NY)7.34
Fwd EY4.73%
FCF(TTM)5.6
FCFY3.61%
OCF(TTM)6.39
OCFY4.12%
SpS21.1
BVpS-5.99
TBVpS-21.49
PEG (NY)1.53
PEG (5Y)5.69
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.64% | ||
| ROE | N/A | ||
| ROCE | 37.61% | ||
| ROIC | 25.67% | ||
| ROICexc | 28.75% | ||
| ROICexgc | 121.16% | ||
| OM | 36.24% | ||
| PM (TTM) | 19.73% | ||
| GM | 65.68% | ||
| FCFM | 26.56% |
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 Turnover0.59
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 4.86 | ||
| Debt/EBITDA | 2.73 | ||
| Cap/Depr | 75.32% | ||
| Cap/Sales | 3.73% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 73.52% | ||
| Profit Quality | 134.6% | ||
| Current Ratio | 0.79 | ||
| Quick Ratio | 0.43 | ||
| Altman-Z | 4.13 |
F-Score6
WACC8.01%
ROIC/WACC3.2
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)9.95%
EPS 3Y2.57%
EPS 5Y4.72%
EPS Q2Q%12.67%
EPS Next Y17.55%
EPS Next 2Y14.43%
EPS Next 3Y12.97%
EPS Next 5Y11.07%
Revenue 1Y (TTM)6.78%
Revenue growth 3Y6.45%
Revenue growth 5Y4.91%
Sales Q2Q%5.78%
Revenue Next Year9.41%
Revenue Next 2Y8.93%
Revenue Next 3Y8.17%
Revenue Next 5Y9%
EBIT growth 1Y1.8%
EBIT growth 3Y1.54%
EBIT growth 5Y3.93%
EBIT Next Year24.13%
EBIT Next 3Y13.89%
EBIT Next 5Y11.71%
FCF growth 1Y34.09%
FCF growth 3Y-1.34%
FCF growth 5Y3.12%
OCF growth 1Y33.17%
OCF growth 3Y0.69%
OCF growth 5Y3.9%