Valuation British American Tobacco p.l.c.

Equities

Market Closed - London S.E. Other stock markets 16:35:07 12/06/2025 BST			5-day change	1st Jan Change
3,554.00 ^GBX	-0.48%		+4.81%	+23.40%

06-11	Stocks close higher as US-China deal digested	AN
06-10	BRITISH AMERICAN TOBACCO : Deutsche Bank reiterates its Buy rating	ZD

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	77,816	-	-
Change	-	1.32%	16.64%	-30.02%	23.94%	22.62%	-	-
Enterprise Value (EV) ¹	101,357	99,118	112,445	85,841	94,714	109,581	108,152	106,571
Change	-	-2.21%	13.45%	-23.66%	10.34%	15.7%	-1.3%	-1.46%
P/E ratio	9.71x	9.25x	11.2x	-3.55x	21.2x	11x	10.3x	9.74x
PBR	0.99x	0.96x	1x	0.97x	1.29x	1.6x	1.59x	1.56x
PEG	-	1.54x	-8.95x	0x	-0x	0x	1.56x	1.62x
Capitalization / Revenue	2.4x	2.44x	2.65x	1.88x	2.45x	3.03x	2.97x	2.88x
EV / Revenue	3.93x	3.86x	4.07x	3.15x	3.66x	4.27x	4.12x	3.94x
EV / EBITDA	7.71x	8.35x	8.51x	6.49x	7.56x	8.89x	8.55x	8.19x
EV / EBIT	8.92x	8.89x	9.06x	6.89x	7.97x	9.6x	9.23x	8.81x
EV / FCF	10.9x	10.8x	11.4x	8.37x	9.83x	15.4x	12.8x	12.1x
FCF Yield	9.15%	9.27%	8.78%	11.9%	10.2%	6.48%	7.82%	8.24%
Dividend per Share ²	2.156	2.156	2.309	2.355	2.402	2.456	2.492	2.584
Rate of return	7.96%	7.89%	7.04%	10.3%	8.34%	6.91%	7.01%	7.27%
EPS ²	2.789	2.956	2.919	-6.466	1.36	3.23	3.443	3.649
Distribution rate	77.3%	72.9%	79.1%	-36.4%	177%	76%	72.4%	70.8%
Net sales ¹	25,776	25,684	27,655	27,283	25,867	25,679	26,233	27,023
EBITDA ¹	13,154	11,874	13,208	13,223	12,524	12,329	12,649	13,018
EBIT ¹	11,365	11,150	12,408	12,465	11,890	11,419	11,713	12,098
Net income ¹	6,400	6,801	6,666	-14,367	3,068	7,436	7,677	7,941
Net Debt ¹	39,451	36,393	39,281	34,640	31,253	31,765	30,336	28,755
Reference price ²	27.08	27.34	32.82	22.96	28.80	35.54	35.54	35.54
Nbr of stocks (in thousands)	2,286,035	2,294,686	2,229,591	2,230,487	2,203,490	2,189,537	-	-
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 (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
BRITISH AMERICAN TOBACCO P.L.C.	11.06x	4.28x	8.92x	6.88%	106B
PHILIP MORRIS INTERNATIONAL, INC.	25.44x	7.93x	18.09x	3.05%	285B
IMPERIAL BRANDS PLC	10.31x	3.22x	7.45x	5.69%	31.47B
SMOORE INTERNATIONAL HOLDINGS LIMITED	72.56x	7.81x	48.02x	0.55%	15.38B
GODFREY PHILLIPS INDIA LIMITED	36.45x	-	-	-	5.01B
TURNING POINT BRANDS, INC.	24.24x	-	-	-	1.34B
Average	30.01x	5.81x	20.62x	4.04%	74.09B
Weighted average by Cap.	22.69x	6.70x	16.16x	4.08%