Valuation British American Tobacco p.l.c.

Stocks

Market Closed - London S.E. Other stock markets 11:35:17 2026-07-10 EDT			5-day change	1st Jan Change
4,462.00 ^GBX	-0.78%		-3.44%	+5.89%

07-09	FTSE 100 held back by AstraZeneca trial setback	AN
07-09	FTSE 100 misses out on rebound as Astra drops	AN

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	62,725	73,164	51,201	63,430	91,543	96,419	-	-
Change	-	16.64%	-30.02%	23.89%	44.32%	5.33%	-	-
Enterprise Value (EV) ¹	99,118	112,445	85,841	94,683	122,758	126,442	125,207	124,097
Change	-	13.45%	-23.66%	10.3%	29.65%	3%	-0.98%	-0.89%
P/E	9.25x	11.2x	-3.55x	21.2x	12.1x	13.1x	12.1x	11.2x
PBR	0.96x	1x	0.97x	1.29x	2.04x	2.05x	2.01x	1.99x
PEG	-	-8.95x	0x	-0x	0x	-5.51x	1.4x	1.43x
Capitalization / Revenue	2.44x	2.65x	1.88x	2.45x	3.57x	3.68x	3.56x	3.43x
EV / Revenue	3.86x	4.07x	3.15x	3.66x	4.79x	4.83x	4.62x	4.42x
EV / EBITDA	8.35x	8.51x	6.49x	7.56x	10x	10x	9.46x	9.06x
EV / EBIT	8.89x	9.06x	6.89x	7.96x	10.6x	10.8x	10.2x	9.63x
EV / FCF	10.8x	11.4x	8.37x	9.82x	21.2x	16.9x	15.9x	15.4x
FCF Yield	9.27%	8.78%	11.9%	10.2%	4.72%	5.91%	6.28%	6.51%
Dividend per Share ²	2.156	2.309	2.355	2.402	2.45	2.513	2.594	2.703
Rate of return	7.89%	7.04%	10.3%	8.34%	5.81%	5.63%	5.81%	6.06%
EPS ²	2.956	2.919	-6.466	1.36	3.491	3.408	3.702	3.992
Distribution rate	72.9%	79.1%	-36.4%	177%	70.2%	73.7%	70.1%	67.7%
Net sales ¹	25,684	27,655	27,283	25,867	25,610	26,197	27,111	28,074
EBITDA ¹	11,874	13,208	13,223	12,524	12,240	12,621	13,229	13,704
EBIT ¹	11,150	12,408	12,465	11,890	11,572	11,758	12,315	12,887
Net income ¹	6,801	6,666	-14,367	3,068	7,677	7,524	7,951	8,360
Net Debt ¹	36,393	39,281	34,640	31,253	31,215	30,023	28,788	27,678
Reference price ²	27.34	32.82	22.96	28.80	42.14	44.62	44.62	44.62
Nbr of stocks (in thousands)	2,294,686	2,229,591	2,230,487	2,202,445	2,172,351	2,160,886	-	-
Announcement Date	2/11/22	2/9/23	2/8/24	2/13/25	2/12/26	-	-	-

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.	13.09x	4.83x	10.02x	5.63%	129B
PHILIP MORRIS INTERNATIONAL, INC.	23.07x	7.46x	17.02x	3.34%	283B
IMPERIAL BRANDS PLC	10.06x	2.95x	6.77x	6.16%	27.86B
SMOORE INTERNATIONAL HOLDINGS LIMITED	30.33x	2.04x	18.57x	2%	6.03B
TURNING POINT BRANDS, INC.	60.45x	-	-	0.37%	1.7B
UNIVERSAL CORPORATION	12x	-	-	-	1.29B
Average	24.83x	4.32x	13.09x	3.5%	74.89B
Weighted average by Cap.	19.60x	6.34x	14.37x	4.15%