BRITISH AMERICAN TOBACCO PLC (BMT.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:BMT - GB0002875804 - Common Stock
50 EUR
+1.1 (+2.25%)
BMT gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 5 industry peers in the Tobacco industry. BMT has only an average score on both its financial health and profitability. BMT does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
- BMT had positive earnings in the past year.
- BMT had a positive operating cash flow in the past year.
- 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
- The Return On Assets of BMT (2.80%) is worse than 80.00% of its industry peers.
- BMT's Return On Equity of 6.59% is fine compared to the rest of the industry. BMT outperforms 80.00% of its industry peers.
- BMT's Return On Invested Capital of 2.67% is on the low side compared to the rest of the industry. BMT is outperformed by 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 23.90%.
- The last Return On Invested Capital (2.67%) for BMT is well below the 3 year average (7.24%), which needs to be investigated, but indicates that BMT had better years and this may not be a problem.
| 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 worse Profit Margin (12.06%) than 60.00% of its industry peers.
- BMT's Profit Margin has declined in the last couple of years.
- With a Operating Margin value of 13.95%, BMT is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
- 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.
- Compared to 5 years ago, BMT has less shares outstanding
- Compared to 1 year ago, BMT has an improved debt to assets ratio.
2.2 Solvency
- Based on the Altman-Z score of 1.44, we must say that BMT is in the distress zone and 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 60.00% of its industry peers.
- 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.
- BMT has a Debt/Equity ratio of 0.68. This is a neutral value indicating BMT is somewhat dependend on debt financing.
- BMT has a better Debt to Equity ratio (0.68) than 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.68 | ||
| Debt/FCF | 4.06 | ||
| Altman-Z | 1.44 |
ROIC/WACC0.34
WACC7.79%
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's Current ratio of 0.87 is amongst the best of the industry. BMT outperforms 100.00% 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.
- BMT's Quick ratio of 0.55 is fine compared to the rest 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.
- BMT shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 2.28% yearly.
- BMT shows a decrease in Revenue. In the last year, the revenue decreased by -2.24%.
- BMT shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -0.01% yearly.
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
- Based on estimates for the next years, BMT will show a small growth in Earnings Per Share. The EPS will grow by 4.75% on average per year.
- BMT is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.08% yearly.
EPS Next Y-5.04%
EPS Next 2Y0.53%
EPS Next 3Y2.73%
EPS Next 5Y4.75%
Revenue Next Year-1.7%
Revenue Next 2Y0.71%
Revenue Next 3Y1.65%
Revenue Next 5Y2.08%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- 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 12.22 indicates a correct valuation of BMT.
- Based on the Price/Earnings ratio, BMT is valued a bit more expensive than the industry average as 60.00% of the companies are valued more cheaply.
- BMT is valuated cheaply when we compare the Price/Earnings ratio to 27.47, which is the current average of the S&P500 Index.
- The Price/Forward Earnings ratio is 11.84, which indicates a very decent valuation of BMT.
- BMT's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. BMT is more expensive than 60.00% of the companies in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 24.26. BMT is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.22 | ||
| Fwd PE | 11.84 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, BMT is valued expensively inside the industry as 80.00% of the companies are valued cheaper.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of BMT is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.89 | ||
| EV/EBITDA | 19.89 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)5.35
EPS Next 2Y0.53%
EPS Next 3Y2.73%
5. Dividend
5.1 Amount
- BMT has a Yearly Dividend Yield of 5.99%, which is a nice return.
- BMT's Dividend Yield is comparable with the industry average which is at 5.96.
- BMT's Dividend Yield is rather good when compared to the S&P500 average which is at 1.89.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.99% |
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 2Y0.53%
EPS Next 3Y2.73%
FRA:BMT (1/15/2026, 7:00:00 PM)
50
+1.1 (+2.25%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryTobacco
Earnings (Last)07-31 2025-07-31/bmo
Earnings (Next)02-12 2026-02-12/amc
Inst Owners42.85%
Inst Owner ChangeN/A
Ins Owners0.04%
Ins Owner ChangeN/A
Market Cap108.77B
Revenue(TTM)25.60B
Net Income(TTM)3.09B
Analysts77
Price Target53.1 (6.2%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.99% |
Yearly Dividend2.7
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)1.82%
PT rev (3m)4.14%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.05%
EPS NY rev (3m)0.15%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.23%
Revenue NY rev (3m)0.32%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.22 | ||
| Fwd PE | 11.84 | ||
| P/S | 3.69 | ||
| P/FCF | 10.89 | ||
| P/OCF | 10.18 | ||
| P/B | 2.01 | ||
| P/tB | N/A | ||
| EV/EBITDA | 19.89 |
EPS(TTM)4.09
EY8.18%
EPS(NY)4.22
Fwd EY8.45%
FCF(TTM)4.59
FCFY9.18%
OCF(TTM)4.91
OCFY9.82%
SpS13.56
BVpS24.84
TBVpS-20.85
PEG (NY)N/A
PEG (5Y)5.35
Graham Number47.81
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%
ROICexgc growth 3Y160.63%
ROICexgc 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 | 1.44 |
F-Score7
WACC7.79%
ROIC/WACC0.34
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-5.04%
EPS Next 2Y0.53%
EPS Next 3Y2.73%
EPS Next 5Y4.75%
Revenue 1Y (TTM)-2.24%
Revenue growth 3Y0.24%
Revenue growth 5Y-0.01%
Sales Q2Q%-2.2%
Revenue Next Year-1.7%
Revenue Next 2Y0.71%
Revenue Next 3Y1.65%
Revenue Next 5Y2.08%
EBIT growth 1Y-67.36%
EBIT growth 3Y-2.28%
EBIT growth 5Y0.85%
EBIT Next Year4.34%
EBIT Next 3Y4.18%
EBIT Next 5Y5.8%
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%
BRITISH AMERICAN TOBACCO PLC / BMT.DE 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 3 / 10 to BRITISH AMERICAN TOBACCO PLC (BMT.DE). This can be considered as Overvalued.
What is the profitability of BMT stock?
BRITISH AMERICAN TOBACCO PLC (BMT.DE) has a profitability rating of 4 / 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 decline by -5.04% in the next year.