BRITISH AMERICAN TOBACCO PLC (BMT.DE) Stock Fundamental Analysis
Europe - FRA:BMT - GB0002875804 - Common Stock
47.3 EUR
+0.2 (+0.42%)
Taking everything into account, BMT scores 4 out of 10 in our fundamental rating. BMT was compared to 5 industry peers in the Tobacco industry. BMT has only an average score on both its financial health and profitability. BMT is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
BMT had positive earnings in the past year.
In the past year BMT had a positive cash flow from operations.
Of the past 5 years BMT 4 years were profitable.
BMT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
BMT's Return On Assets of 2.80% is on the low side compared to the rest of the industry. BMT is outperformed by 80.00% of its industry peers.
BMT has a Return On Equity of 6.59%. This is in the better half of the industry: BMT outperforms 80.00% of its industry peers.
The Return On Invested Capital of BMT (2.67%) is worse than 80.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for BMT is significantly below the industry average of 24.39%.
The 3 year average ROIC (7.24%) for BMT is well above the current ROIC(2.67%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.8% | ||
| ROE | 6.59% | ||
| ROIC | 2.67% |
ROA(3y)-1.73%
ROA(5y)0.88%
ROE(3y)-4.1%
ROE(5y)1.61%
ROIC(3y)7.24%
ROIC(5y)6.81%
1.3 Margins
BMT has a Profit Margin of 12.06%. This is in the lower half of the industry: BMT underperforms 60.00% of its industry peers.
In the last couple of years the Profit Margin of BMT has declined.
The Operating Margin of BMT (13.95%) is worse than 60.00% of its industry peers.
BMT's Operating Margin has been stable in the last couple of years.
BMT's Gross Margin of 83.38% is amongst the best of the industry. BMT outperforms 100.00% of its industry peers.
In the last couple of years the Gross Margin of BMT has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.95% | ||
| PM (TTM) | 12.06% | ||
| GM | 83.38% |
OM growth 3Y-2.51%
OM growth 5Y0.86%
PM growth 3Y-23.49%
PM growth 5Y-11.66%
GM growth 3Y0.09%
GM growth 5Y-0.13%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), BMT is destroying value.
The number of shares outstanding for BMT has been reduced compared to 1 year ago.
The number of shares outstanding for BMT has been reduced compared to 5 years ago.
The debt/assets ratio for BMT has been reduced compared to a year ago.
2.2 Solvency
BMT has an Altman-Z score of 1.39. This is a bad value and indicates that BMT is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 1.39, BMT is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
BMT has a debt to FCF ratio of 4.06. This is a neutral value as BMT would need 4.06 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 4.06, BMT is doing worse than 60.00% of the companies in the same industry.
A Debt/Equity ratio of 0.68 indicates that BMT is somewhat dependend on debt financing.
BMT's Debt to Equity ratio of 0.68 is amongst the best of the industry. BMT outperforms 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.68 | ||
| Debt/FCF | 4.06 | ||
| Altman-Z | 1.39 |
ROIC/WACC0.35
WACC7.66%
2.3 Liquidity
BMT has a Current Ratio of 0.87. This is a bad value and indicates that BMT is not financially healthy enough and could expect problems in meeting its short term obligations.
BMT has a Current ratio of 0.87. This is amongst the best in the industry. BMT outperforms 100.00% of its industry peers.
A Quick Ratio of 0.55 indicates that BMT may have some problems paying its short term obligations.
BMT has a Quick ratio of 0.55. This is in the better half of the industry: BMT outperforms 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.87 | ||
| Quick Ratio | 0.55 |
3. Growth
3.1 Past
The earnings per share for BMT have decreased by -2.23% in the last year.
The Earnings Per Share has been growing slightly by 2.28% on average over the past years.
BMT shows a decrease in Revenue. In the last year, the revenue decreased by -2.24%.
The Revenue has been decreasing by -0.01% on average over the past years.
EPS 1Y (TTM)-2.23%
EPS 3Y3.29%
EPS 5Y2.28%
EPS Q2Q%-4.31%
Revenue 1Y (TTM)-2.24%
Revenue growth 3Y0.24%
Revenue growth 5Y-0.01%
Sales Q2Q%-2.2%
3.2 Future
BMT is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.11% yearly.
Based on estimates for the next years, BMT will show a small growth in Revenue. The Revenue will grow by 1.05% on average per year.
EPS Next Y-4.52%
EPS Next 2Y1.09%
EPS Next 3Y2.96%
EPS Next 5Y4.11%
Revenue Next Year-2.01%
Revenue Next 2Y0.51%
Revenue Next 3Y1.64%
Revenue Next 5Y1.05%
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
A Price/Earnings ratio of 11.54 indicates a reasonable valuation of BMT.
Based on the Price/Earnings ratio, BMT is valued a bit cheaper than 80.00% of the companies in the same industry.
When comparing the Price/Earnings ratio of BMT to the average of the S&P500 Index (27.20), we can say BMT is valued rather cheaply.
The Price/Forward Earnings ratio is 11.05, which indicates a very decent valuation of BMT.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BMT indicates a somewhat cheap valuation: BMT is cheaper than 80.00% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of BMT to the average of the S&P500 Index (22.70), we can say BMT is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.54 | ||
| Fwd PE | 11.05 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BMT is valued more expensive than 80.00% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, BMT is valued a bit cheaper than 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.32 | ||
| EV/EBITDA | 19.03 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)5.05
EPS Next 2Y1.09%
EPS Next 3Y2.96%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.72%, BMT is a good candidate for dividend investing.
BMT's Dividend Yield is slightly below the industry average, which is at 5.53.
BMT's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.72% |
5.2 History
The dividend of BMT has a limited annual growth rate of 3.19%.
Dividend Growth(5Y)3.19%
Div Incr Years7
Div Non Decr Years7
5.3 Sustainability
168.94% of the earnings are spent on dividend by BMT. This is not a sustainable payout ratio.
The dividend of BMT is growing, but earnings are growing more, so the dividend growth is sustainable.
DP168.94%
EPS Next 2Y1.09%
EPS Next 3Y2.96%
FRA:BMT (9/17/2025, 7:00:00 PM)
47.3
+0.2 (+0.42%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryTobacco
Earnings (Last)
Earnings (Next)
Inst Owners53.42%
Inst Owner ChangeN/A
Ins Owners0.08%
Ins Owner ChangeN/A
Market Cap103.28B
Analysts76.84
Price Target51.45 (8.77%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.72% |
Yearly Dividend2.71
Dividend Growth(5Y)3.19%
DP168.94%
Div Incr Years7
Div Non Decr Years7
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)6.48%
PT rev (3m)20.87%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-3.38%
EPS NY rev (3m)-3.38%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.16%
Revenue NY rev (3m)-1.7%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.54 | ||
| Fwd PE | 11.05 | ||
| P/S | 3.49 | ||
| P/FCF | 10.32 | ||
| P/OCF | 9.65 | ||
| P/B | 1.91 | ||
| P/tB | N/A | ||
| EV/EBITDA | 19.03 |
EPS(TTM)4.1
EY8.67%
EPS(NY)4.28
Fwd EY9.05%
FCF(TTM)4.58
FCFY9.69%
OCF(TTM)4.9
OCFY10.37%
SpS13.54
BVpS24.8
TBVpS-20.82
PEG (NY)N/A
PEG (5Y)5.05
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.8% | ||
| ROE | 6.59% | ||
| ROCE | 3.79% | ||
| ROIC | 2.67% | ||
| ROICexc | 2.81% | ||
| ROICexgc | 80.73% | ||
| OM | 13.95% | ||
| PM (TTM) | 12.06% | ||
| GM | 83.38% | ||
| FCFM | 33.85% |
ROA(3y)-1.73%
ROA(5y)0.88%
ROE(3y)-4.1%
ROE(5y)1.61%
ROIC(3y)7.24%
ROIC(5y)6.81%
ROICexc(3y)7.6%
ROICexc(5y)7.1%
ROICexgc(3y)1378.99%
ROICexgc(5y)906.22%
ROCE(3y)10.3%
ROCE(5y)9.7%
ROICexcg growth 3Y160.63%
ROICexcg growth 5Y62.99%
ROICexc growth 3Y5.7%
ROICexc growth 5Y5.98%
OM growth 3Y-2.51%
OM growth 5Y0.86%
PM growth 3Y-23.49%
PM growth 5Y-11.66%
GM growth 3Y0.09%
GM growth 5Y-0.13%
F-Score7
Asset Turnover0.23
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.68 | ||
| Debt/FCF | 4.06 | ||
| Debt/EBITDA | 5.11 | ||
| Cap/Depr | 22.67% | ||
| Cap/Sales | 2.37% | ||
| Interest Coverage | 2 | ||
| Cash Conversion | 148.45% | ||
| Profit Quality | 280.54% | ||
| Current Ratio | 0.87 | ||
| Quick Ratio | 0.55 | ||
| Altman-Z | 1.39 |
F-Score7
WACC7.66%
ROIC/WACC0.35
Cap/Depr(3y)23.99%
Cap/Depr(5y)39.87%
Cap/Sales(3y)2.31%
Cap/Sales(5y)2.55%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-2.23%
EPS 3Y3.29%
EPS 5Y2.28%
EPS Q2Q%-4.31%
EPS Next Y-4.52%
EPS Next 2Y1.09%
EPS Next 3Y2.96%
EPS Next 5Y4.11%
Revenue 1Y (TTM)-2.24%
Revenue growth 3Y0.24%
Revenue growth 5Y-0.01%
Sales Q2Q%-2.2%
Revenue Next Year-2.01%
Revenue Next 2Y0.51%
Revenue Next 3Y1.64%
Revenue Next 5Y1.05%
EBIT growth 1Y-67.36%
EBIT growth 3Y-2.28%
EBIT growth 5Y0.85%
EBIT Next Year6.23%
EBIT Next 3Y4.5%
EBIT Next 5Y4.61%
FCF growth 1Y-11.49%
FCF growth 3Y1.99%
FCF growth 5Y3.07%
OCF growth 1Y-11.08%
OCF growth 3Y1.38%
OCF growth 5Y2.39%