BRITISH AMERICAN TOBACCO PLC (BMT.DE)
GB0002875804 - Common Stock
We assign a fundamental rating of 5 out of 10 to BMT. BMT was compared to 4 industry peers in the Tobacco industry. BMT has only an average score on both its financial health and profitability. BMT is valued quite cheap, but it does not seem to be growing. BMT also has an excellent dividend rating.
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.
BMT had positive earnings in 4 of the past 5 years.
BMT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of -11.59%, BMT is not doing good in the industry: 75.00% of the companies in the same industry are doing better.
Looking at the Return On Equity, with a value of -25.57%, BMT is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
The Return On Invested Capital of BMT (7.93%) is worse than 75.00% of its industry peers.
BMT had an Average Return On Invested Capital over the past 3 years of 7.24%. This is significantly below the industry average of 20.45%.
The last Return On Invested Capital (7.93%) for BMT is above the 3 year average (7.24%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -11.59% | ||
| ROE | -25.57% | ||
| ROIC | 7.93% |
ROA(3y)-0.94%
ROA(5y)1.18%
ROE(3y)-2.78%
ROE(5y)2.16%
ROIC(3y)7.24%
ROIC(5y)6.77%
1.3 Margins
The Operating Margin of BMT (41.79%) is better than 75.00% of its industry peers.
BMT's Operating Margin has improved in the last couple of years.
The Gross Margin of BMT (82.58%) is better than 100.00% of its industry peers.
BMT's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 41.79% | ||
| PM (TTM) | N/A | ||
| GM | 82.58% |
OM growth 3Y4.15%
OM growth 5Y3.24%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.75%
GM growth 5Y0.16%
2. Health
2.1 Basic Checks
BMT has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for BMT remains at a similar level compared to 1 year ago.
BMT has less shares outstanding than it did 5 years ago.
BMT has a worse debt/assets ratio than last year.
2.2 Solvency
BMT has an Altman-Z score of 1.35. This is a bad value and indicates that BMT is not financially healthy and even has some risk of bankruptcy.
BMT's Altman-Z score of 1.35 is on the low side compared to the rest of the industry. BMT is outperformed by 75.00% of its industry peers.
The Debt to FCF ratio of BMT is 3.92, which is a good value as it means it would take BMT, 3.92 years of fcf income to pay off all of its debts.
BMT has a Debt to FCF ratio of 3.92. This is in the better half of the industry: BMT outperforms 75.00% of its industry peers.
BMT has a Debt/Equity ratio of 0.61. This is a neutral value indicating BMT is somewhat dependend on debt financing.
BMT has a Debt to Equity ratio of 0.61. This is amongst the best in the industry. BMT outperforms 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.61 | ||
| Debt/FCF | 3.92 | ||
| Altman-Z | 1.35 |
ROIC/WACC1.24
WACC6.4%
2.3 Liquidity
A Current Ratio of 0.88 indicates that BMT may have some problems paying its short term obligations.
With a decent Current ratio value of 0.88, BMT is doing good in the industry, outperforming 75.00% of the companies in the same industry.
BMT has a Quick Ratio of 0.88. This is a bad value and indicates that BMT is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of BMT (0.58) is better than 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.88 | ||
| Quick Ratio | 0.58 |
3. Growth
3.1 Past
The earnings per share for BMT have decreased by -5.77% in the last year.
The Earnings Per Share has been growing slightly by 4.83% on average over the past years.
BMT shows a decrease in Revenue. In the last year, the revenue decreased by -7.24%.
The Revenue has been growing slightly by 2.18% on average over the past years.
EPS 1Y (TTM)-5.77%
EPS 3Y4.23%
EPS 5Y4.83%
EPS Q2Q%-6.77%
Revenue 1Y (TTM)-7.24%
Revenue growth 3Y1.91%
Revenue growth 5Y2.18%
Sales Q2Q%-8.19%
3.2 Future
The Earnings Per Share is expected to grow by 4.54% on average over the next years.
BMT is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.20% yearly.
EPS Next Y-2.98%
EPS Next 2Y0.65%
EPS Next 3Y2.51%
EPS Next 5Y4.54%
Revenue Next Year-5.35%
Revenue Next 2Y-1.86%
Revenue Next 3Y-0.44%
Revenue Next 5Y1.2%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 7.54, the valuation of BMT can be described as very cheap.
BMT's Price/Earnings ratio is rather cheap when compared to the industry. BMT is cheaper than 100.00% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 31.77, BMT is valued rather cheaply.
BMT is valuated cheaply with a Price/Forward Earnings ratio of 7.21.
75.00% of the companies in the same industry are more expensive than BMT, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.70, BMT is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.54 | ||
| Fwd PE | 7.21 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BMT is valued cheaper than 100.00% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, BMT is valued cheaper than 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.91 | ||
| EV/EBITDA | 2.28 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)1.56
EPS Next 2Y0.65%
EPS Next 3Y2.51%
5. Dividend
5.1 Amount
BMT has a Yearly Dividend Yield of 8.72%, which is a nice return.
Compared to an average industry Dividend Yield of 7.03, BMT pays a better dividend. On top of this BMT pays more dividend than 100.00% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.21, BMT pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.72% |
5.2 History
The dividend of BMT has a limited annual growth rate of 3.59%.
Dividend Growth(5Y)3.59%
Div Incr Years6
Div Non Decr Years6
5.3 Sustainability
BMT has negative earnings and hence a negative payout ratio. The dividend may be in danger.
The dividend of BMT is growing, but earnings are growing more, so the dividend growth is sustainable.
DP-37.45%
EPS Next 2Y0.65%
EPS Next 3Y2.51%
BRITISH AMERICAN TOBACCO PLC
FRA:BMT (10/17/2024, 7:00:00 PM)
32.82
-0.12 (-0.36%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryTobacco
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap72.47B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.72% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.54 | ||
| Fwd PE | 7.21 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)1.56
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -11.59% | ||
| ROE | -25.57% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 41.79% | ||
| PM (TTM) | N/A | ||
| GM | 82.58% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.22
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.61 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.88 | ||
| Quick Ratio | 0.58 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-5.77%
EPS 3Y4.23%
EPS 5Y
EPS Q2Q%
EPS Next Y-2.98%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-7.24%
Revenue growth 3Y1.91%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y