BRITISH AMERICAN TOBACCO PLC (BMT.DE) Stock Fundamental Analysis

FRA:BMT • GB0002875804

50.7 EUR
-0.3 (-0.59%)
Last: Feb 12, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

4

Taking everything into account, BMT scores 4 out of 10 in our fundamental rating. BMT was compared to 4 industry peers in the Tobacco industry. BMT has only an average score on both its financial health and profitability. BMT is valued correctly, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

5

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.
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 0 10B -10B 20B 30B

1.2 Ratios

  • The Return On Assets of BMT (2.80%) is worse than 75.00% of its industry peers.
  • BMT has a better Return On Equity (6.59%) than 75.00% of its industry peers.
  • The Return On Invested Capital of BMT (2.67%) is worse than 75.00% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for BMT is significantly below the industry average of 21.18%.
  • 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 RankSector 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%
BMT.DE Yearly ROA, ROE, ROICBMT.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40 60

1.3 Margins

  • The Profit Margin of BMT (12.06%) is comparable to the rest of the 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.
  • BMT's Operating Margin has been stable in the last couple of years.
  • The Gross Margin of BMT (83.38%) is better than 100.00% of its industry peers.
  • BMT's Gross Margin has been stable in the last couple of years.
Industry RankSector 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%
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 0 50 -50 100 150

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ROAROEROICOperating and Profit MarginShow most profitable peers

4

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.
  • BMT has a better 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 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 50B 100B 150B

2.2 Solvency

  • BMT has an Altman-Z score of 1.45. This is a bad value and indicates that BMT is not financially healthy and even has some risk of bankruptcy.
  • The Altman-Z score of BMT (1.45) is comparable to the rest of the 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's Debt to FCF ratio of 4.06 is in line compared to the rest of the industry. BMT outperforms 50.00% of its industry peers.
  • A Debt/Equity ratio of 0.68 indicates that BMT is somewhat dependend on debt financing.
  • Looking at the Debt to Equity ratio, with a value of 0.68, BMT belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.68
Debt/FCF 4.06
Altman-Z 1.45
ROIC/WACC0.34
WACC7.8%
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 20B 40B 60B

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.
  • 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 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 5B 10B 15B

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

3

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

  • BMT is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.75% yearly.
  • 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 2Y0.46%
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.
  • 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 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 5B 10B 15B 20B 25B
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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Find the best growth stocksShow best growing peers

4

4. Valuation

4.1 Price/Earnings Ratio

  • BMT is valuated correctly with a Price/Earnings ratio of 12.43.
  • Compared to the rest of the industry, the Price/Earnings ratio of BMT is on the same level as its industry peers.
  • The average S&P500 Price/Earnings ratio is at 27.67. BMT is valued rather cheaply when compared to this.
  • A Price/Forward Earnings ratio of 12.07 indicates a correct valuation of BMT.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of BMT is on the same level as its industry peers.
  • BMT is valuated cheaply when we compare the Price/Forward Earnings ratio to 27.69, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 12.43
Fwd PE 12.07
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

  • 75.00% of the companies in the same industry are cheaper than BMT, based on the Enterprise Value to EBITDA ratio.
  • Based on the Price/Free Cash Flow ratio, BMT is valued a bit cheaper than the industry average as 75.00% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 11.07
EV/EBITDA 20.13
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

PEG (NY)N/A
PEG (5Y)5.44
EPS Next 2Y0.46%
EPS Next 3Y2.73%

More info and screens

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

6

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 5.27%, BMT is a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 4.96, BMT pays a bit more dividend than its industry peers.
  • BMT's Dividend Yield is rather good when compared to the S&P500 average which is at 1.80.
Industry RankSector Rank
Dividend Yield 5.27%

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
BMT.DE Yearly Dividends per shareBMT.DE Yearly Dividends per shareYearly Dividends per share 2018 2019 2020 2021 2022 2023 2024 2025 0.5 1 1.5 2 2.5

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%
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 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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Find the best dividend stocksShow peers with best dividend

BRITISH AMERICAN TOBACCO PLC

FRA:BMT (2/12/2026, 7:00:00 PM)

50.7

-0.3 (-0.59%)

Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryTobacco
Earnings (Last)N/A
Earnings (Next)02-12
Inst Owners42.85%
Inst Owner ChangeN/A
Ins Owners0.04%
Ins Owner ChangeN/A
Market Cap110.08B
Revenue(TTM)25.60B
Net Income(TTM)3.09B
Analysts77
Price Target54.01 (6.53%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 5.27%
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)1.7%
PT rev (3m)6.53%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0.02%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.26%
Valuation
Industry RankSector Rank
PE 12.43
Fwd PE 12.07
P/S 3.75
P/FCF 11.07
P/OCF 10.35
P/B 2.05
P/tB N/A
EV/EBITDA 20.13
EPS(TTM)4.08
EY8.05%
EPS(NY)4.2
Fwd EY8.28%
FCF(TTM)4.58
FCFY9.03%
OCF(TTM)4.9
OCFY9.67%
SpS13.53
BVpS24.78
TBVpS-20.8
PEG (NY)N/A
PEG (5Y)5.44
Graham Number47.7
Profitability
Industry RankSector 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 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 1.45
F-Score7
WACC7.8%
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 2Y0.46%
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 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 decline by -5.04% in the next year.