0.22%
10.35%
17.92%
15.77%
35.90%
0.46%
-5.35%
AI Spotlight on BATS
Company Description
British American Tobacco p.l.c. provides tobacco and nicotine products to consumers worldwide.It offers vapour, tobacco heating, and modern oral nicotine products; combustible products; and traditional oral products, such as snus and moist snuff.The company offers its products under the Kent, Dunhill, Lucky Strike, Pall Mall, Rothmans, Camel, Newport, Natural American Spirit, being Vapour, THP, and Modern Oral brands.
It distributes its products to retail outlets.British American Tobacco p.l.c. was incorporated in 1902 and is headquartered in London, the United Kingdom.
Market Data
| Last Price | 3178 |
| Change Percentage | 0.22% |
| Open | 3150 |
| Previous Close | 3171 |
| Market Cap ( Millions) | 69953 |
| Volume | 2988219 |
| Year High | 3191 |
| Year Low | 2252 |
| M A 50 | 2961.36 |
| M A 200 | 2711.36 |
Financial Ratios
| FCF Yield | 14.35% |
| Dividend Yield | 7.41% |
| ROE | -25.94% |
| Debt / Equity | 74.63% |
| Net Debt / EBIDTA | 270.39% |
| Price To Book | 1.31 |
| Price Earnings Ratio | -5.13 |
| Price To FCF | 6.97 |
| Price To sales | 2.67 |
| EV / EBITDA | 8.19 |
News
- Jan -29 - Is British American Tobacco (BTI) Unstoppable Dividend Stock to Invest In?
- Jan -28 - Why British American Tobacco Plc (BTI) Surged on Monday
- Jan -23 - British American Tobacco: Is This Ultra-High-Yield Dividend Stock a Buy in 2025?
- Jan -21 - British American Tobacco p.l.c. (BTI): A Bull Case Theory
- Jan -18 - Best Stock to Buy Right Now: British American Tobacco vs. Kraft Heinz
- Jan -15 - Moderna price target drops, fintech Outperform, FDA hits tobacco
- Jan -14 - British American Tobacco holder sells £1.2 billion stake
- Jan -13 - British American Tobacco Holder Reinet Offers 2% Stake
- Jan -11 - 3 Reasons to Buy British American Tobacco Stock Like There's No Tomorrow
- Dec -30 - Is British American Tobacco p.l.c. (BTI) Among the U.K. Dividend Champions for 2024?
- Dec -28 - Where Will British American Tobacco Be in 1 Year?
- Dec -25 - Is British American Tobacco p.l.c. (BTI) the Best Dividend Stock to Buy Under $50?
- Dec -21 - Best Stock to Buy Right Now: Realty Income vs. British American Tobacco
- Dec -20 - Best paying FTSE 100 stocks of 2024
- Dec -19 - Could Buying British American Tobacco Stock Today Set You Up for Life?
- Dec -11 - Lucky Strike maker BAT sees stronger H2 revenue growth in new category, combustibles
- Dec -08 - 2 Reasons to Buy British American Tobacco Stock at the End of 2024 and 2 Reasons to Avoid It for Now
- Dec -02 - Is British American Tobacco a Buy, Sell, or Hold in 2025?
- Nov -30 - British American Tobacco p.l.c. (BTI): A Bull Case Theory
- Nov -25 - British American Tobacco, Altria Bid to Overturn FDA Packaging Rule Gets Rejected by US Supreme Court
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Combustibles
Expected Growth : 1.5 %
What the company do ?
Combustibles from British American Tobacco p.l.c. refers to traditional tobacco products, including cigarettes, cigars, and other combustible tobacco products.
Why we expect these perspectives ?
British American Tobacco's Combustibles segment growth of 1.5% is driven by increasing demand in emerging markets, particularly in Asia and Africa, where there is a large and growing middle class. Additionally, the company's focus on premium brands and innovative products, such as heated tobacco, is also contributing to growth.
Segment n°2 -> Vapour
Expected Growth : 2.5 %
What the company do ?
Vapour from British American Tobacco p.l.c. is a range of e-cigarettes and vaping products, offering a safer alternative to traditional smoking.
Why we expect these perspectives ?
Vapour from British American Tobacco p.l.c. growth driven by increasing demand for reduced-risk products, expanding distribution channels, and strategic marketing investments. Additionally, growing consumer awareness of health risks associated with traditional tobacco products and favorable regulatory environments contribute to the 2.5% growth rate.
Segment n°3 -> Traditional Oral
Expected Growth : 1.8 %
What the company do ?
Traditional Oral is a segment of British American Tobacco p.l.c. that includes products like snus, moist snuff, and other oral tobacco products.
Why we expect these perspectives ?
British American Tobacco's Traditional Oral segment growth of 1.8% is driven by increasing consumer preference for nicotine replacement therapy products, expansion in emerging markets, and strategic pricing initiatives. Additionally, the company's focus on innovation, such as the introduction of new oral nicotine products, has contributed to the segment's growth.
Segment n°4 -> Heated Products
Expected Growth : 2.2 %
What the company do ?
Heated Products from British American Tobacco p.l.c. refer to innovative, smoke-free alternatives to traditional cigarettes, offering a reduced-risk experience for adult smokers.
Why we expect these perspectives ?
British American Tobacco's heated products segment growth of 2.2% is driven by increasing adoption of reduced-risk products, particularly in Japan and South Korea. Strong marketing efforts, innovative product launches, and expanding distribution channels also contribute to growth. Furthermore, the company's heat-not-burn technology and e-vapor products are gaining traction, attracting a new customer base and driving sales.
Segment n°5 -> Other
Expected Growth : 1.2 %
What the company do ?
Other from British American Tobacco p.l.c. refers to the revenue generated from the sale of e-cigarettes, cigars, and other nicotine products.
Why we expect these perspectives ?
British American Tobacco's 1.2% growth in 'Other' segment is driven by increasing popularity of e-vapor products, particularly in the US, and growth in oral tobacco products in Asia. Additionally, the company's focus on innovation and expansion into new markets, such as cannabis, contributes to the segment's growth.
Segment n°6 -> Modern Oral
Expected Growth : 2.8 %
What the company do ?
Modern Oral is a nicotine products segment from British American Tobacco p.l.c., offering a range of modern oral nicotine products, including tobacco-free nicotine pouches and other innovative products.
Why we expect these perspectives ?
Modern Oral from British American Tobacco p.l.c. growth of 2.8% driven by increasing consumer adoption of reduced-risk products, expanding distribution channels, and innovative product launches. Additionally, growing demand for nicotine replacement therapy and oral care products, particularly in emerging markets, contributes to the segment's growth.
British American Tobacco P.L.C. Products
| Product Range | What is it ? |
|---|---|
| Dunhill | A premium cigarette brand offering a range of blends and flavors |
| Lucky Strike | A heritage cigarette brand known for its distinctive red packaging and bold flavor |
| Kent | A premium cigarette brand offering a range of blends and flavors, known for its innovative filter technology |
| Rothmans | A premium cigarette brand offering a range of blends and flavors, known for its high-quality tobacco |
| Vype | A range of e-liquids and vaping devices offering a convenient, smoke-free alternative to cigarettes |
| Vuse | A range of e-liquids and vaping devices offering a convenient, smoke-free alternative to cigarettes |
| glo | A heated tobacco product offering a convenient, smoke-free alternative to cigarettes |
| Neocore | A range of nicotine replacement therapy (NRT) products, including gum, lozenges, and patches |
British American Tobacco p.l.c.'s Porter Forces
Threat Of Substitutes
British American Tobacco p.l.c. faces moderate threat from substitutes, as consumers have limited alternatives to traditional tobacco products. However, the growing popularity of e-cigarettes and heat-not-burn products poses a moderate threat to the company's market share.
Bargaining Power Of Customers
British American Tobacco p.l.c. has a diverse customer base, which reduces the bargaining power of individual customers. Additionally, the company's strong brand portfolio and wide distribution network limit customers' ability to negotiate prices.
Bargaining Power Of Suppliers
British American Tobacco p.l.c. has a diversified supply chain, which reduces its dependence on individual suppliers. The company's large scale of operations and strong relationships with suppliers also limit their bargaining power.
Threat Of New Entrants
The tobacco industry has high barriers to entry, including significant regulatory hurdles and large capital requirements. This limits the threat of new entrants and allows British American Tobacco p.l.c. to maintain its market position.
Intensity Of Rivalry
The tobacco industry is highly competitive, with several large players competing for market share. British American Tobacco p.l.c. faces intense rivalry from companies like Altria Group, Inc. and Japan Tobacco Inc., which can lead to pricing pressures and advertising wars.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 43.05% |
| Debt Cost | 5.24% |
| Equity Weight | 56.95% |
| Equity Cost | 5.24% |
| WACC | 5.24% |
| Leverage | 75.58% |
British American Tobacco p.l.c. : Quality Control
British American Tobacco p.l.c. passed 4 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| MO | Altria Group, Inc., through its subsidiaries, manufactures and sells smokeable and oral tobacco products in the United States. The company provides cigarettes primarily under the Marlboro brand; cigars and pipe … |
| IMB.L | Imperial Brands PLC, together with its subsidiaries, manufactures, imports, markets, and sells tobacco and tobacco-related products in Europe, Americas, Africa, Asia, and Australasia. It offers a range of cigarettes, fine … |
| STG.CO | Scandinavian Tobacco Group A/S manufactures and sells cigars and pipe tobacco in the United States, Europe, and internationally. The company offers fine-cut tobacco, and machine-rolled and handmade cigars. It markets … |
| CCEP.L | Coca-Cola Europacific Partners PLC, together with its subsidiaries, produces, distributes, and sells a range of non-alcoholic ready to drink beverages. The company offers flavours, mixers, and energy drinks; soft drinks, … |
| HEN3.DE | Henkel AG & Co. KGaA, together with its subsidiaries, engages in the adhesive technologies, beauty care, and laundry and home care businesses worldwide. The company's Adhesive Technologies segment offers adhesives, … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Altria
A-Score
1-Year Total Return ->
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BAT
A-Score
1-Year Total Return ->
🥉
Imperial Brands
A-Score
1-Year Total Return ->
4
Scandinavian Tobacco Group
A-Score
1-Year Total Return ->
5
Henkel
A-Score
1-Year Total Return ->
6
