Valuation British American Tobacco p.l.c.

Equities

Market Closed - London S.E. Other stock markets 11:35:22 2026-01-19 EST			5-day change	1st Jan Change
4,373.00 ^GBX	+1.09%		+7.71%	+3.77%

01-15	Sector Update: Consumer Stocks Mixed Premarket Thursday	MT
01-15	British American Tobacco to End South African Manufacturing	DJ

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	94,941	94,941	-
Change	-	1.32%	16.64%	-30.02%	23.94%	49.61%	0%	-
Enterprise Value (EV) ¹	101,357	99,118	112,445	85,841	94,714	125,706	124,762	123,347
Change	-	-2.21%	13.45%	-23.66%	10.34%	32.72%	-0.75%	-1.13%
P/E ratio	9.71x	9.25x	11.2x	-3.55x	21.2x	12.7x	12.8x	11.8x
PBR	0.99x	0.96x	1x	0.97x	1.29x	1.96x	1.95x	1.92x
PEG	-	1.54x	-8.95x	0x	-0x	0x	-16.52x	1.44x
Capitalization / Revenue	2.4x	2.44x	2.65x	1.88x	2.45x	3.7x	3.6x	3.49x
EV / Revenue	3.93x	3.86x	4.07x	3.15x	3.66x	4.9x	4.73x	4.53x
EV / EBITDA	7.71x	8.35x	8.51x	6.49x	7.56x	10.2x	9.71x	9.35x
EV / EBIT	8.92x	8.89x	9.06x	6.89x	7.97x	11x	10.5x	9.97x
EV / FCF	10.9x	10.8x	11.4x	8.37x	9.83x	17.9x	14.4x	13.6x
FCF Yield	9.15%	9.27%	8.78%	11.9%	10.2%	5.6%	6.92%	7.34%
Dividend per Share ²	2.156	2.156	2.309	2.355	2.402	2.452	2.509	2.591
Rate of return	7.96%	7.89%	7.04%	10.3%	8.34%	5.61%	5.74%	5.92%
EPS ²	2.789	2.956	2.919	-6.466	1.36	3.454	3.427	3.708
Distribution rate	77.3%	72.9%	79.1%	-36.4%	177%	71%	73.2%	69.9%
Net sales ¹	25,776	25,684	27,655	27,283	25,867	25,636	26,372	27,242
EBITDA ¹	13,154	11,874	13,208	13,223	12,524	12,360	12,845	13,188
EBIT ¹	11,365	11,150	12,408	12,465	11,890	11,442	11,863	12,371
Net income ¹	6,400	6,801	6,666	-14,367	3,068	7,704	7,482	7,817
Net Debt ¹	39,451	36,393	39,281	34,640	31,253	30,765	29,821	28,406
Reference price ²	27.08	27.34	32.82	22.96	28.80	43.73	43.73	43.73
Nbr of stocks (in thousands)	2,286,035	2,294,686	2,229,591	2,230,487	2,203,490	2,171,079	2,171,079	-
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 (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
BRITISH AMERICAN TOBACCO P.L.C.	12.52x	4.86x	10.09x	5.67%	126B
PHILIP MORRIS INTERNATIONAL, INC.	24.01x	7.65x	18.17x	3.41%	270B
IMPERIAL BRANDS PLC	10.59x	3.2x	7.36x	5.54%	32.19B
SMOORE INTERNATIONAL HOLDINGS LIMITED	56.88x	3.94x	28.22x	2%	8.68B
PHILIP MORRIS CR	15x	2.02x	9.21x	6.65%	2.52B
TURNING POINT BRANDS, INC.	33.27x	-	-	0.25%	2.27B
UNIVERSAL CORPORATION	11.56x	-	-	-	1.35B
Average	23.40x	4.34x	14.61x	3.92%	63.28B
Weighted average by Cap.	20.38x	6.42x	15.21x	4.18%