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. Both the profitability and the financial health of BMT get a neutral evaluation. Nothing too spectacular is happening here. BMT has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
- In the past year BMT was profitable.
- 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
- 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 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.
- BMT had an Average Return On Invested Capital over the past 3 years of 7.24%. This is significantly below the industry average of 23.90%.
- The 3 year average ROIC (7.24%) for BMT is well above the current ROIC(2.67%). The reason for the recent decline needs to be investigated.
| 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
- Looking at the Profit Margin, with a value of 12.06%, BMT is doing worse than 60.00% of the companies in the same industry.
- In the last couple of years the Profit Margin of BMT has declined.
- 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.
- 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
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so BMT is destroying value.
- BMT has less shares outstanding than it did 1 year ago.
- 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.
- Looking at the Altman-Z score, with a value of 1.44, BMT is doing worse than 60.00% of the companies in the same industry.
- 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 worse Debt to FCF ratio (4.06) than 60.00% of its industry peers.
- 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
WACC7.79%
2.3 Liquidity
- A Current Ratio of 0.87 indicates that BMT may have some problems paying 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 80.00% 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.
- 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%.
- The Revenue has been decreasing by -0.01% on average over the past years.
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 2.08% 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.
- 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
- The Price/Earnings ratio is 12.22, which indicates a correct valuation of BMT.
- BMT's Price/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.
- Compared to an average S&P500 Price/Earnings ratio of 27.54, BMT is valued rather cheaply.
- Based on the Price/Forward Earnings ratio of 11.84, the valuation of BMT can be described as reasonable.
- Based on the Price/Forward 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/Forward Earnings ratio to 24.31, which is the current average of the S&P500 Index.
| 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 more expensive than 80.00% of the companies in the same industry.
- BMT's Price/Free Cash Flow ratio is in line with the industry average.
| 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.
- Compared to an average S&P500 Dividend Yield of 1.92, BMT pays a better dividend.
| 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.
- BMT's earnings are growing more than its dividend. This makes the dividend growth 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.