BRITISH AMERICAN TOBACCO PLC (BMT.DE) Stock Fundamental Analysis
Europe • Frankfurt Stock Exchange • FRA:BMT • GB0002875804
50.7 EUR
+0.7 (+1.4%)
Last: Jan 30, 2026, 07:00 PM
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 an average financial health and profitability rating. 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.
- Each year in the past 5 years BMT had a positive operating cash flow.
1.2 Ratios
- BMT has a Return On Assets of 2.80%. This is amonst the worse of the industry: BMT underperforms 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.
- BMT has a Return On Invested Capital of 2.67%. This is amonst the worse of the industry: BMT underperforms 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 22.36%.
- 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.
- 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.
- BMT's Gross Margin has been stable in the last couple of years.
| 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
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so BMT is destroying value.
- Compared to 1 year ago, BMT has less shares outstanding
- Compared to 5 years ago, BMT has less shares outstanding
- BMT has a better debt/assets ratio than last year.
2.2 Solvency
- BMT has an Altman-Z score of 1.43. This is a bad value and indicates that BMT is not financially healthy and even has some risk of bankruptcy.
- BMT has a Altman-Z score (1.43) which is in line with 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.
- Looking at the Debt to FCF ratio, with a value of 4.06, BMT is in line with its industry, outperforming 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.
- With an excellent Debt to Equity ratio value of 0.68, BMT belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.68 | ||
| Debt/FCF | 4.06 | ||
| Altman-Z | 1.43 |
ROIC/WACC0.34
WACC7.8%
2.3 Liquidity
- A Current Ratio of 0.87 indicates that BMT may have some problems paying its short term obligations.
- BMT has a better Current ratio (0.87) than 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 has a Quick ratio (0.55) which is comparable to the rest of the industry.
| 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%.
- Measured over the past years, BMT shows a decrease in Revenue. The Revenue has been decreasing by -0.01% on average per year.
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 4.75% yearly.
- The Revenue is expected to grow by 2.08% on average over the next years.
EPS Next Y-5.04%
EPS Next 2Y0.46%
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
- The Price/Earnings ratio is 12.37, which indicates a correct valuation of BMT.
- The rest of the industry has a similar Price/Earnings ratio as BMT.
- Compared to an average S&P500 Price/Earnings ratio of 28.30, BMT is valued rather cheaply.
- Based on the Price/Forward Earnings ratio of 12.00, the valuation of BMT can be described as correct.
- BMT's Price/Forward Earnings ratio is in line with the industry average.
- BMT's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.57.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.37 | ||
| Fwd PE | 12 |
4.2 Price Multiples
- 80.00% of the companies in the same industry are cheaper than BMT, based on the Enterprise Value to EBITDA ratio.
- 80.00% of the companies in the same industry are more expensive than BMT, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.01 | ||
| EV/EBITDA | 19.84 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)5.41
EPS Next 2Y0.46%
EPS Next 3Y2.73%
5. Dividend
5.1 Amount
- BMT has a Yearly Dividend Yield of 5.57%, which is a nice return.
- Compared to an average industry Dividend Yield of 5.00, BMT pays a bit more dividend than its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.82, BMT pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.57% |
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
- BMT pays out 168.94% of its income as dividend. 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 2Y0.46%
EPS Next 3Y2.73%
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 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 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.