BRITISH AMERICAN TOBACCO PLC (BMT.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:BMT - GB0002875804 - Common Stock
49.95 EUR
+0.2 (+0.4%)
BMT gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 4 industry peers in the Tobacco industry. Both the profitability and the financial health of BMT get a neutral evaluation. Nothing too spectacular is happening here. 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.
BMT had positive earnings in 4 of the past 5 years.
Each year in the past 5 years BMT had a positive operating cash flow.
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.
BMT's Return On Equity of 6.59% is fine compared to the rest of the industry. BMT outperforms 75.00% 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 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 20.94%.
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
With a Profit Margin value of 12.06%, BMT perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
In the last couple of years the Profit Margin of BMT has declined.
Looking at the Operating Margin, with a value of 13.95%, BMT is in line with its industry, outperforming 50.00% of the companies in the same industry.
In the last couple of years the Operating Margin of BMT has remained more or less at the same level.
With an excellent Gross Margin value of 83.38%, BMT belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
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
BMT has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, BMT has less shares outstanding
BMT has less shares outstanding than it did 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 1.44. 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 (1.44) which is comparable to the rest of the industry.
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.
The Debt to FCF ratio of BMT (4.06) is comparable to the rest of the 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 | 1.44 |
ROIC/WACC0.34
WACC7.78%
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.
Looking at the Current ratio, with a value of 0.87, BMT belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
A Quick Ratio of 0.55 indicates that BMT may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.55, BMT is in the better half of the industry, outperforming 75.00% of the companies in the same 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.
Measured over the past 5 years, BMT shows a small growth in Earnings Per Share. The EPS has been growing by 2.28% on average per year.
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
The Earnings Per Share is expected to grow by 4.75% 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 2.00% yearly.
EPS Next Y-5.06%
EPS Next 2Y0.68%
EPS Next 3Y2.72%
EPS Next 5Y4.75%
Revenue Next Year-1.95%
Revenue Next 2Y0.47%
Revenue Next 3Y1.48%
Revenue Next 5Y2%
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.
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.
4. Valuation
4.1 Price/Earnings Ratio
BMT is valuated correctly with a Price/Earnings ratio of 12.30.
BMT's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of BMT to the average of the S&P500 Index (26.41), we can say BMT is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 11.89, the valuation of BMT can be described as reasonable.
BMT's Price/Forward Earnings is on the same level as the industry average.
BMT's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 35.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.3 | ||
| Fwd PE | 11.89 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BMT is valued a bit more expensive than the industry average as 75.00% of the companies are valued more cheaply.
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 | 10.97 | ||
| EV/EBITDA | 19.87 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)5.39
EPS Next 2Y0.68%
EPS Next 3Y2.72%
5. Dividend
5.1 Amount
BMT has a Yearly Dividend Yield of 5.54%, which is a nice return.
BMT's Dividend Yield is a higher than the industry average which is at 5.38.
Compared to an average S&P500 Dividend Yield of 2.32, BMT pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.54% |
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.
BMT's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP168.94%
EPS Next 2Y0.68%
EPS Next 3Y2.72%
FRA:BMT (12/4/2025, 7:00:00 PM)
49.95
+0.2 (+0.4%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryTobacco
Earnings (Last)
Earnings (Next)
Inst Owners49.56%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap108.67B
Revenue(TTM)25.60B
Net Income(TTM)3.09B
Analysts75.79
Price Target50.67 (1.44%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.54% |
Yearly Dividend2.68
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)-0.64%
PT rev (3m)2.3%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.12%
EPS NY rev (3m)-0.57%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.06%
Revenue NY rev (3m)0.02%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.3 | ||
| Fwd PE | 11.89 | ||
| P/S | 3.71 | ||
| P/FCF | 10.97 | ||
| P/OCF | 10.25 | ||
| P/B | 2.03 | ||
| P/tB | N/A | ||
| EV/EBITDA | 19.87 |
EPS(TTM)4.06
EY8.13%
EPS(NY)4.2
Fwd EY8.41%
FCF(TTM)4.55
FCFY9.12%
OCF(TTM)4.87
OCFY9.75%
SpS13.45
BVpS24.64
TBVpS-20.68
PEG (NY)N/A
PEG (5Y)5.39
Graham Number47.44
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
WACC7.78%
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-5.06%
EPS Next 2Y0.68%
EPS Next 3Y2.72%
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-1.95%
Revenue Next 2Y0.47%
Revenue Next 3Y1.48%
Revenue Next 5Y2%
EBIT growth 1Y-67.36%
EBIT growth 3Y-2.28%
EBIT growth 5Y0.85%
EBIT Next Year4.1%
EBIT Next 3Y4.31%
EBIT Next 5Y5.25%
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 for BMT 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.
Can you provide the PE and PB ratios for BMT stock?
The Price/Earnings (PE) ratio for BRITISH AMERICAN TOBACCO PLC (BMT.DE) is 12.3 and the Price/Book (PB) ratio is 2.03.
How sustainable is the dividend of BRITISH AMERICAN TOBACCO PLC (BMT.DE) stock?
The dividend rating of BRITISH AMERICAN TOBACCO PLC (BMT.DE) is 6 / 10 and the dividend payout ratio is 168.94%.