Valuation British American Tobacco p.l.c.

Equities

Market Closed - London S.E. Other stock markets 16:35:05 05/12/2025 GMT			5-day change	1st Jan Change
4,283.00 ^GBX	-1.36%		-3.12%	+48.72%

12-05	FTSE 100 Ends Week Lower as UK House Prices Stabilize	MT
12-05	European Equities Traded in the US as American Depositary Receipts Rise in Friday Trading	MT

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	93,134	-	-
Change	-	1.32%	16.64%	-30.02%	23.94%	46.76%	-	-
Enterprise Value (EV) ¹	101,357	99,118	112,445	85,841	94,714	123,687	122,366	120,797
Change	-	-2.21%	13.45%	-23.66%	10.34%	30.59%	-1.07%	-1.28%
P/E ratio	9.71x	9.25x	11.2x	-3.55x	21.2x	12.5x	12.4x	11.6x
PBR	0.99x	0.96x	1x	0.97x	1.29x	1.93x	1.92x	1.89x
PEG	-	1.54x	-8.95x	0x	-0x	0x	15.36x	1.85x
Capitalization / Revenue	2.4x	2.44x	2.65x	1.88x	2.45x	3.64x	3.53x	3.43x
EV / Revenue	3.93x	3.86x	4.07x	3.15x	3.66x	4.83x	4.64x	4.45x
EV / EBITDA	7.71x	8.35x	8.51x	6.49x	7.56x	10.1x	9.63x	9.18x
EV / EBIT	8.92x	8.89x	9.06x	6.89x	7.97x	10.8x	10.3x	9.83x
EV / FCF	10.9x	10.8x	11.4x	8.37x	9.83x	17.3x	14.2x	13.4x
FCF Yield	9.15%	9.27%	8.78%	11.9%	10.2%	5.79%	7.02%	7.47%
Dividend per Share ²	2.156	2.156	2.309	2.355	2.402	2.452	2.504	2.588
Rate of return	7.96%	7.89%	7.04%	10.3%	8.34%	5.72%	5.85%	6.04%
EPS ²	2.789	2.956	2.919	-6.466	1.36	3.439	3.467	3.684
Distribution rate	77.3%	72.9%	79.1%	-36.4%	177%	71.3%	72.2%	70.3%
Net sales ¹	25,776	25,684	27,655	27,283	25,867	25,617	26,374	27,135
EBITDA ¹	13,154	11,874	13,208	13,223	12,524	12,295	12,711	13,162
EBIT ¹	11,365	11,150	12,408	12,465	11,890	11,414	11,852	12,293
Net income ¹	6,400	6,801	6,666	-14,367	3,068	7,709	7,509	7,766
Net Debt ¹	39,451	36,393	39,281	34,640	31,253	30,553	29,232	27,663
Reference price ²	27.08	27.34	32.82	22.96	28.80	42.83	42.83	42.83
Nbr of stocks (in thousands)	2,286,035	2,294,686	2,229,591	2,230,487	2,203,490	2,174,501	-	-
Announcement Date	17/02/21	11/02/22	09/02/23	08/02/24	13/02/25	-	-	-

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.	12.45x	4.83x	10.06x	5.72%	124B
PHILIP MORRIS INTERNATIONAL, INC.	20.44x	6.66x	15.73x	4%	230B
IMPERIAL BRANDS PLC	11.68x	3.49x	8.02x	4.93%	34.32B
SMOORE INTERNATIONAL HOLDINGS LIMITED	65.84x	4.89x	34.74x	1.55%	10.3B
GODFREY PHILLIPS INDIA LIMITED	28.55x	-	-	1.21%	4.73B
PHILIP MORRIS CR	14.42x	1.93x	8.79x	6.92%	2.44B
TURNING POINT BRANDS, INC.	28.21x	-	-	0.3%	1.92B
UNIVERSAL CORPORATION	11.12x	-	-	-	1.3B
Average	24.09x	4.36x	15.47x	3.52%	51.15B
Weighted average by Cap.	18.49x	5.75x	13.76x	4.51%