BRITISH AMERICAN TOBACCO PLC (BMT.DE) Fundamental Analysis & Valuation

FRA:BMT • GB0002875804

Current stock price

49.7 EUR
-0.8 (-1.58%)
Last:

This BMT.DE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

5

1. BMT.DE Profitability Analysis

1.1 Basic Checks

  • In the past year BMT was profitable.
  • BMT had a positive operating cash flow in the past year.
  • Of the past 5 years BMT 4 years were profitable.
  • Each year in the past 5 years BMT had a positive operating cash flow.
BMT.DE Yearly Net Income VS EBIT VS OCF VS FCFBMT.DE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10B -10B 20B 30B

1.2 Ratios

  • Looking at the Return On Assets, with a value of 2.80%, BMT is doing worse than 75.00% of the companies in the same industry.
  • The Return On Equity of BMT (6.59%) is better than 75.00% of its industry peers.
  • BMT has a worse Return On Invested Capital (3.20%) than 75.00% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for BMT is significantly below the industry average of 21.24%.
  • The last Return On Invested Capital (3.20%) for BMT is well below the 3 year average (9.26%), which needs to be investigated, but indicates that BMT had better years and this may not be a problem.
Industry RankSector Rank
ROA 2.8%
ROE 6.59%
ROIC 3.2%
ROA(3y)-0.81%
ROA(5y)1.37%
ROE(3y)-1.65%
ROE(5y)2.81%
ROIC(3y)9.26%
ROIC(5y)8.49%
BMT.DE Yearly ROA, ROE, ROICBMT.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 40 60

1.3 Margins

  • BMT has a Profit Margin (12.06%) which is comparable to the rest of the industry.
  • BMT's Profit Margin has improved in the last couple of years.
  • BMT has a Operating Margin of 13.95%. This is comparable to the rest of the industry: BMT outperforms 50.00% of its industry peers.
  • In the last couple of years the Operating Margin of BMT has remained more or less at the same level.
  • BMT has a Gross Margin of 83.38%. This is amongst the best in 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 RankSector Rank
OM 13.95%
PM (TTM) 12.06%
GM 83.38%
OM growth 3Y-2.03%
OM growth 5Y-0.97%
PM growth 3Y7.94%
PM growth 5Y4.07%
GM growth 3Y0.01%
GM growth 5Y-0.31%
BMT.DE Yearly Profit, Operating, Gross MarginsBMT.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 50 -50 100 150

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ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. BMT.DE Health Analysis

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.
  • Compared to 1 year ago, BMT has less shares outstanding
  • Compared to 5 years ago, BMT has less shares outstanding
  • BMT has a worse debt/assets ratio than last year.
BMT.DE Yearly Shares OutstandingBMT.DE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B
BMT.DE Yearly Total Debt VS Total AssetsBMT.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50B 100B 150B

2.2 Solvency

  • BMT has an Altman-Z score of 1.44. 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 1.44 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 4.06, which is a neutral value as it means it would take BMT, 4.06 years of fcf income to pay off all of its debts.
  • BMT has a Debt to FCF ratio of 4.06. This is comparable to the rest of the industry: BMT outperforms 50.00% of its industry peers.
  • BMT has a Debt/Equity ratio of 0.68. This is a neutral value indicating BMT is somewhat dependend on debt financing.
  • The Debt to Equity ratio of BMT (0.68) is better than 100.00% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.68
Debt/FCF 4.06
Altman-Z 1.44
ROIC/WACC0.4
WACC8.04%
BMT.DE Yearly LT Debt VS Equity VS FCFBMT.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20B 40B 60B

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 in the better half of the industry: BMT outperforms 75.00% of its industry peers.
  • BMT has a Quick 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.
  • Looking at the Quick ratio, with a value of 0.55, BMT belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.87
Quick Ratio 0.55
BMT.DE Yearly Current Assets VS Current LiabilitesBMT.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. BMT.DE Growth Analysis

3.1 Past

  • The earnings per share for BMT have decreased by -2.87% in the last year.
  • Measured over the past 5 years, BMT shows a small growth in Earnings Per Share. The EPS has been growing by 1.20% on average per year.
  • Looking at the last year, BMT shows a decrease in Revenue. The Revenue has decreased by -0.99% in the last year.
  • Measured over the past years, BMT shows a decrease in Revenue. The Revenue has been decreasing by -0.13% on average per year.
EPS 1Y (TTM)-2.87%
EPS 3Y-1.76%
EPS 5Y1.2%
EPS Q2Q%-1.6%
Revenue 1Y (TTM)-0.99%
Revenue growth 3Y-2.53%
Revenue growth 5Y-0.13%
Sales Q2Q%0.1%

3.2 Future

  • Based on estimates for the next years, BMT will show a small growth in Earnings Per Share. The EPS will grow by 6.74% on average per year.
  • The Revenue is expected to grow by 2.65% on average over the next years.
EPS Next Y3.36%
EPS Next 2Y5.41%
EPS Next 3Y5.69%
EPS Next 5Y6.74%
Revenue Next Year2.7%
Revenue Next 2Y3.12%
Revenue Next 3Y3.47%
Revenue Next 5Y2.65%

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.
BMT.DE Yearly Revenue VS EstimatesBMT.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 10B 20B 30B
BMT.DE Yearly EPS VS EstimatesBMT.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 1 2 3 4

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4

4. BMT.DE Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 12.18, the valuation of BMT can be described as correct.
  • BMT's Price/Earnings is on the same level as the industry average.
  • BMT's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.23.
  • The Price/Forward Earnings ratio is 11.80, which indicates a very decent valuation of BMT.
  • The rest of the industry has a similar Price/Forward Earnings ratio as BMT.
  • The average S&P500 Price/Forward Earnings ratio is at 23.28. BMT is valued slightly cheaper when compared to this.
Industry RankSector Rank
PE 12.18
Fwd PE 11.8
BMT.DE Price Earnings VS Forward Price EarningsBMT.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BMT indicates a slightly more expensive valuation: BMT is more expensive than 75.00% of the companies listed in the same industry.
  • Based on the Price/Free Cash Flow ratio, BMT is valued a bit cheaper than 75.00% of the companies in the same industry.
Industry RankSector Rank
P/FCF 10.75
EV/EBITDA 19.93
BMT.DE Per share dataBMT.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 -10 20 -20

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates BMT does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)3.63
PEG (5Y)10.14
EPS Next 2Y5.41%
EPS Next 3Y5.69%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

6

5. BMT.DE Dividend Analysis

5.1 Amount

  • BMT has a Yearly Dividend Yield of 5.40%, which is a nice return.
  • BMT's Dividend Yield is a higher than the industry average which is at 5.05.
  • Compared to an average S&P500 Dividend Yield of 1.91, BMT pays a better dividend.
Industry RankSector Rank
Dividend Yield 5.4%

5.2 History

  • The dividend of BMT has a limited annual growth rate of 2.91%.
Dividend Growth(5Y)2.91%
Div Incr Years7
Div Non Decr Years7
BMT.DE Yearly Dividends per shareBMT.DE Yearly Dividends per shareYearly Dividends per share 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1 1.5 2 2.5

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 2Y5.41%
EPS Next 3Y5.69%
BMT.DE Yearly Income VS Free CF VS DividendBMT.DE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10B -10B 20B 30B
BMT.DE Dividend Payout.BMT.DE Dividend Payout, showing the Payout Ratio.BMT.DE Dividend Payout.PayoutRetained Earnings

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BMT.DE Fundamentals: All Metrics, Ratios and Statistics

BRITISH AMERICAN TOBACCO PLC

FRA:BMT (3/20/2026, 7:00:00 PM)

49.7

-0.8 (-1.58%)

Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryTobacco
Earnings (Last)02-12
Earnings (Next)07-29
Inst Owners51.94%
Inst Owner ChangeN/A
Ins Owners0.04%
Ins Owner ChangeN/A
Market Cap107.81B
Revenue(TTM)25.61B
Net Income(TTM)3.09B
Analysts77
Price Target54.25 (9.15%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 5.4%
Yearly Dividend2.76
Dividend Growth(5Y)2.91%
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)0.46%
PT rev (3m)4.02%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.53%
EPS NY rev (3m)-1.19%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.52%
Revenue NY rev (3m)-0.37%
Valuation
Industry RankSector Rank
PE 12.18
Fwd PE 11.8
P/S 3.64
P/FCF 10.75
P/OCF 10.05
P/B 1.99
P/tB N/A
EV/EBITDA 19.93
EPS(TTM)4.08
EY8.21%
EPS(NY)4.21
Fwd EY8.48%
FCF(TTM)4.62
FCFY9.3%
OCF(TTM)4.95
OCFY9.95%
SpS13.66
BVpS25.01
TBVpS-21
PEG (NY)3.63
PEG (5Y)10.14
Graham Number47.92
Profitability
Industry RankSector Rank
ROA 2.8%
ROE 6.59%
ROCE 3.79%
ROIC 3.2%
ROICexc 3.37%
ROICexgc 96.71%
OM 13.95%
PM (TTM) 12.06%
GM 83.38%
FCFM 33.85%
ROA(3y)-0.81%
ROA(5y)1.37%
ROE(3y)-1.65%
ROE(5y)2.81%
ROIC(3y)9.26%
ROIC(5y)8.49%
ROICexc(3y)9.75%
ROICexc(5y)8.86%
ROICexgc(3y)1603.43%
ROICexgc(5y)1079.81%
ROCE(3y)10.99%
ROCE(5y)10.08%
ROICexgc growth 3Y-16.15%
ROICexgc growth 5Y-2.56%
ROICexc growth 3Y8.06%
ROICexc growth 5Y4.38%
OM growth 3Y-2.03%
OM growth 5Y-0.97%
PM growth 3Y7.94%
PM growth 5Y4.07%
GM growth 3Y0.01%
GM growth 5Y-0.31%
F-Score8
Asset Turnover0.23
Health
Industry RankSector 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 1.44
F-Score8
WACC8.04%
ROIC/WACC0.4
Cap/Depr(3y)16.45%
Cap/Depr(5y)33.77%
Cap/Sales(3y)2.43%
Cap/Sales(5y)2.51%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-2.87%
EPS 3Y-1.76%
EPS 5Y1.2%
EPS Q2Q%-1.6%
EPS Next Y3.36%
EPS Next 2Y5.41%
EPS Next 3Y5.69%
EPS Next 5Y6.74%
Revenue 1Y (TTM)-0.99%
Revenue growth 3Y-2.53%
Revenue growth 5Y-0.13%
Sales Q2Q%0.1%
Revenue Next Year2.7%
Revenue Next 2Y3.12%
Revenue Next 3Y3.47%
Revenue Next 5Y2.65%
EBIT growth 1Y-67.36%
EBIT growth 3Y-4.51%
EBIT growth 5Y-1.1%
EBIT Next Year12.56%
EBIT Next 3Y7%
EBIT Next 5Y6.55%
FCF growth 1Y-15.49%
FCF growth 3Y-18.7%
FCF growth 5Y-9.67%
OCF growth 1Y-14.71%
OCF growth 3Y-17.09%
OCF growth 5Y-8.92%

BRITISH AMERICAN TOBACCO PLC / BMT.DE Fundamental Analysis FAQ

What is the ChartMill fundamental rating of BRITISH AMERICAN TOBACCO PLC (BMT.DE) stock?

ChartMill assigns a fundamental rating of 4 / 10 to BMT.DE.


What is the valuation status of BRITISH AMERICAN TOBACCO PLC (BMT.DE) stock?

ChartMill assigns a valuation rating of 4 / 10 to BRITISH AMERICAN TOBACCO PLC (BMT.DE). This can be considered as Fairly Valued.


What is the profitability of BMT stock?

BRITISH AMERICAN TOBACCO PLC (BMT.DE) has a profitability rating of 5 / 10.


How financially healthy is BRITISH AMERICAN TOBACCO PLC?

The financial health rating of BRITISH AMERICAN TOBACCO PLC (BMT.DE) is 4 / 10.


What is the earnings growth outlook for BRITISH AMERICAN TOBACCO PLC?

The Earnings per Share (EPS) of BRITISH AMERICAN TOBACCO PLC (BMT.DE) is expected to grow by 3.36% in the next year.