Valuation British American Tobacco p.l.c.

Equities

Market Closed - London S.E. Other stock markets 11:35:04 2025-07-11 am EDT			5-day change	1st Jan Change
3,788.00 ^GBX	+2.19%		+6.92%	+31.53%

Jul. 11	FTSE 100 eases from record levels amid soft GDP	AN
Jul. 10	Miners help propel FTSE 100 to new record high	AN

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	61,906	62,725	73,164	51,201	63,461	82,864	-	-
Change	-	1.32%	16.64%	-30.02%	23.94%	30.58%	-	-
Enterprise Value (EV) ¹	101,357	99,118	112,445	85,841	94,714	114,223	112,764	111,181
Change	-	-2.21%	13.45%	-23.66%	10.34%	20.6%	-1.28%	-1.4%
P/E ratio	9.71x	9.25x	11.2x	-3.55x	21.2x	11.5x	10.9x	10.3x
PBR	0.99x	0.96x	1x	0.97x	1.29x	1.71x	1.7x	1.66x
PEG	-	1.54x	-8.95x	0x	-0x	0x	1.99x	1.63x
Capitalization / Revenue	2.4x	2.44x	2.65x	1.88x	2.45x	3.23x	3.17x	3.07x
EV / Revenue	3.93x	3.86x	4.07x	3.15x	3.66x	4.45x	4.31x	4.12x
EV / EBITDA	7.71x	8.35x	8.51x	6.49x	7.56x	9.26x	8.93x	8.55x
EV / EBIT	8.92x	8.89x	9.06x	6.89x	7.97x	9.98x	9.62x	9.17x
EV / FCF	10.9x	10.8x	11.4x	8.37x	9.83x	15.4x	13.1x	12.5x
FCF Yield	9.15%	9.27%	8.78%	11.9%	10.2%	6.51%	7.61%	8%
Dividend per Share ²	2.156	2.156	2.309	2.355	2.402	2.445	2.483	2.577
Rate of return	7.96%	7.89%	7.04%	10.3%	8.34%	6.45%	6.56%	6.8%
EPS ²	2.789	2.956	2.919	-6.466	1.36	3.293	3.474	3.694
Distribution rate	77.3%	72.9%	79.1%	-36.4%	177%	74.2%	71.5%	69.8%
Net sales ¹	25,776	25,684	27,655	27,283	25,867	25,664	26,172	26,968
EBITDA ¹	13,154	11,874	13,208	13,223	12,524	12,333	12,625	13,004
EBIT ¹	11,365	11,150	12,408	12,465	11,890	11,447	11,718	12,118
Net income ¹	6,400	6,801	6,666	-14,367	3,068	7,480	7,696	7,989
Net Debt ¹	39,451	36,393	39,281	34,640	31,253	31,358	29,899	28,317
Reference price ²	27.08	27.34	32.82	22.96	28.80	37.88	37.88	37.88
Nbr of stocks (in thousands)	2,286,035	2,294,686	2,229,591	2,230,487	2,203,490	2,187,553	-	-
Announcement Date	2/17/21	2/11/22	2/9/23	2/8/24	2/13/25	-	-	-

¹GBP in Million²GBP

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
BRITISH AMERICAN TOBACCO P.L.C.	11.5x	4.45x	9.26x	6.45%	112B
PHILIP MORRIS INTERNATIONAL, INC.	24.89x	7.78x	17.75x	3.1%	280B
IMPERIAL BRANDS PLC	10.45x	3.25x	7.48x	5.59%	31.62B
SMOORE INTERNATIONAL HOLDINGS LIMITED	74.83x	8.08x	49.68x	0.53%	15.92B
GODFREY PHILLIPS INDIA LIMITED	37.15x	-	-	-	5.09B
TURNING POINT BRANDS, INC.	23.44x	-	-	-	1.29B
Average	30.38x	5.89x	21.04x	3.92%	74.3B
Weighted average by Cap.	22.42x	6.62x	16.00x	4.04%