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 5 industry peers in the Tobacco industry. 4I1 has only an average score on both its financial health and profitability. 4I1 is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
4I1 had positive earnings in the past year.
In the past year 4I1 had a positive cash flow from operations.
4I1 had positive earnings in each of the past 5 years.
In the past 5 years 4I1 always reported a positive cash flow from operatings.
1.2 Ratios
4I1 has a Return On Assets of 11.64%. This is in the better half of the industry: 4I1 outperforms 75.00% of its industry peers.
The Return On Invested Capital of 4I1 (25.67%) is better than 75.00% of its industry peers.
4I1 had an Average Return On Invested Capital over the past 3 years of 25.07%. This is above the industry average of 21.52%.
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 has a better Profit Margin (19.73%) than 75.00% of its industry peers.
In the last couple of years the Profit Margin of 4I1 has declined.
The Operating Margin of 4I1 (36.24%) is better than 75.00% of its industry peers.
4I1's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 65.68%, 4I1 is in the better half of the industry, outperforming 75.00% 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.
4I1 has about the same amout of shares outstanding than it did 5 years ago.
The debt/assets ratio for 4I1 is higher compared to a year ago.
2.2 Solvency
4I1 has an Altman-Z score of 4.00. This indicates that 4I1 is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 4.00, 4I1 is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
4I1 has a debt to FCF ratio of 4.86. This is a neutral value as 4I1 would need 4.86 years to pay back of all of its debts.
With a Debt to FCF ratio value of 4.86, 4I1 is not doing good in the industry: 75.00% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 4.86 | ||
| Altman-Z | 4 |
ROIC/WACC3.22
WACC7.97%
2.3 Liquidity
A Current Ratio of 0.79 indicates that 4I1 may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.79, 4I1 belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
A Quick Ratio of 0.43 indicates that 4I1 may have some problems paying its short term obligations.
With a decent Quick ratio value of 0.43, 4I1 is doing good in the industry, outperforming 75.00% of the companies in the same industry.
| 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.
The Earnings Per Share has been growing slightly by 4.72% on average over the past years.
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
The Earnings Per Share is expected to grow by 10.38% on average over the next years. This is quite good.
Based on estimates for the next years, 4I1 will show a small growth in Revenue. The Revenue will grow by 7.64% on average per year.
EPS Next Y13.8%
EPS Next 2Y12.12%
EPS Next 3Y11.39%
EPS Next 5Y10.38%
Revenue Next Year7.6%
Revenue Next 2Y7.89%
Revenue Next 3Y7.52%
Revenue Next 5Y7.64%
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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 25.24, which means the current valuation is very expensive for 4I1.
Based on the Price/Earnings ratio, 4I1 is valued a bit more expensive than 75.00% of the companies in the same industry.
When comparing the Price/Earnings ratio of 4I1 to the average of the S&P500 Index (28.79), we can say 4I1 is valued inline with the index average.
A Price/Forward Earnings ratio of 20.65 indicates a rather expensive valuation of 4I1.
Based on the Price/Forward Earnings ratio, 4I1 is valued a bit more expensive than 75.00% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.38, 4I1 is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.24 | ||
| Fwd PE | 20.65 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, 4I1 is valued a bit more expensive than 75.00% of the companies in the same industry.
4I1's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. 4I1 is more expensive than 75.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.95 | ||
| EV/EBITDA | 19.31 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of 4I1 may justify a higher PE ratio.
PEG (NY)1.83
PEG (5Y)5.34
EPS Next 2Y12.12%
EPS Next 3Y11.39%
5. Dividend
5.1 Amount
4I1 has a Yearly Dividend Yield of 3.18%.
Compared to an average industry Dividend Yield of 5.38, 4I1 is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.47, 4I1 pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.18% |
5.2 History
The dividend of 4I1 has a limited annual growth rate of 2.76%.
Dividend Growth(5Y)2.76%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
4I1 pays out 109.27% 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.
DP109.27%
EPS Next 2Y12.12%
EPS Next 3Y11.39%
FRA:4I1 (4/25/2025, 7:00:00 PM)
149.68
+1.32 (+0.89%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryTobacco
Earnings (Last)
Earnings (Next)
Inst Owners80.71%
Inst Owner ChangeN/A
Ins Owners0.13%
Ins Owner ChangeN/A
Market Cap232.98B
Analysts83.48
Price Target138.81 (-7.26%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.18% |
Yearly Dividend4.65
Dividend Growth(5Y)2.76%
DP109.27%
Div Incr Years4
Div Non Decr Years4
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)-3.76%
PT rev (3m)3.12%
EPS NQ rev (1m)1.21%
EPS NQ rev (3m)0.08%
EPS NY rev (1m)1.58%
EPS NY rev (3m)0.81%
Revenue NQ rev (1m)1.08%
Revenue NQ rev (3m)-0.84%
Revenue NY rev (1m)1.84%
Revenue NY rev (3m)1.51%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.24 | ||
| Fwd PE | 20.65 | ||
| P/S | 6.89 | ||
| P/FCF | 25.95 | ||
| P/OCF | 22.76 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 19.31 |
EPS(TTM)5.93
EY3.96%
EPS(NY)7.25
Fwd EY4.84%
FCF(TTM)5.77
FCFY3.85%
OCF(TTM)6.58
OCFY4.39%
SpS21.72
BVpS-6.17
TBVpS-22.12
PEG (NY)1.83
PEG (5Y)5.34
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 |
F-Score6
WACC7.97%
ROIC/WACC3.22
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 Y13.8%
EPS Next 2Y12.12%
EPS Next 3Y11.39%
EPS Next 5Y10.38%
Revenue 1Y (TTM)6.78%
Revenue growth 3Y6.45%
Revenue growth 5Y4.91%
Sales Q2Q%5.78%
Revenue Next Year7.6%
Revenue Next 2Y7.89%
Revenue Next 3Y7.52%
Revenue Next 5Y7.64%
EBIT growth 1Y1.8%
EBIT growth 3Y1.54%
EBIT growth 5Y3.93%
EBIT Next Year19.22%
EBIT Next 3Y11.82%
EBIT Next 5Y10.29%
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%