PHILIP MORRIS INTERNATIONAL (4I1.DE) Stock Fundamental Analysis
FRA:4I1 - Deutsche Boerse Ag - US7181721090 - Common Stock - Currency: EUR
We assign a fundamental rating of 4 out of 10 to 4I1. 4I1 was compared to 5 industry peers in the Tobacco industry. Both the profitability and the financial health of 4I1 get a neutral evaluation. Nothing too spectacular is happening here. 4I1 is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year 4I1 was profitable.
4I1 had a positive operating cash flow in the past year.
4I1 had positive earnings in each of the past 5 years.
4I1 had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of 4I1 (11.64%) is better than 80.00% of its industry peers.
The Return On Invested Capital of 4I1 (25.67%) is better than 80.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for 4I1 is above the industry average of 21.32%.
The 3 year average ROIC (25.07%) for 4I1 is below the current ROIC(25.67%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.64% | ||
| ROE | N/A | ||
| ROIC | 25.67% |
ROA(3y)12.65%
ROA(5y)15.58%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)25.07%
ROIC(5y)31.2%
1.3 Margins
4I1 has a Profit Margin of 19.73%. This is in the better half of the industry: 4I1 outperforms 80.00% of its industry peers.
4I1's Profit Margin has declined in the last couple of years.
4I1's Operating Margin of 36.24% is fine compared to the rest of the industry. 4I1 outperforms 80.00% of its industry peers.
4I1's Operating Margin has been stable in the last couple of years.
The Gross Margin of 4I1 (65.68%) is better than 80.00% of its industry peers.
In the last couple of years the Gross Margin of 4I1 has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 36.24% | ||
| PM (TTM) | 19.73% | ||
| GM | 65.68% |
OM growth 3Y-4.61%
OM growth 5Y-0.93%
PM growth 3Y-13.73%
PM growth 5Y-5.04%
GM growth 3Y-1.62%
GM growth 5Y0.03%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), 4I1 is creating value.
The number of shares outstanding for 4I1 remains at a similar level compared to 1 year ago.
The number of shares outstanding for 4I1 remains at a similar level compared to 5 years ago.
4I1 has a worse debt/assets ratio than last year.
2.2 Solvency
4I1 has an Altman-Z score of 4.00. This indicates that 4I1 is financially healthy and has little risk of bankruptcy at the moment.
4I1's Altman-Z score of 4.00 is in line compared to the rest of the industry. 4I1 outperforms 60.00% of its industry peers.
The Debt to FCF ratio of 4I1 is 4.86, which is a neutral value as it means it would take 4I1, 4.86 years of fcf income to pay off all of its debts.
4I1's Debt to FCF ratio of 4.86 is on the low side compared to the rest of the industry. 4I1 is outperformed by 60.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 4.86 | ||
| Altman-Z | 4 |
ROIC/WACC3.19
WACC8.04%
2.3 Liquidity
4I1 has a Current Ratio of 0.79. This is a bad value and indicates that 4I1 is not financially healthy enough and could expect problems in meeting its short term obligations.
With an excellent Current ratio value of 0.79, 4I1 belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
A Quick Ratio of 0.43 indicates that 4I1 may have some problems paying its short term obligations.
4I1 has a Quick ratio of 0.43. This is in the better half of the industry: 4I1 outperforms 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.79 | ||
| Quick Ratio | 0.43 |
3. Growth
3.1 Past
4I1 shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 9.95%, which is quite good.
4I1 shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 4.72% yearly.
The Revenue has been growing slightly by 6.78% in the past year.
The Revenue has been growing slightly by 4.91% on average over the past years.
EPS 1Y (TTM)9.95%
EPS 3Y2.57%
EPS 5Y4.72%
EPS Q2Q%12.67%
Revenue 1Y (TTM)6.78%
Revenue growth 3Y6.45%
Revenue growth 5Y4.91%
Sales Q2Q%5.78%
3.2 Future
Based on estimates for the next years, 4I1 will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.38% on average per year.
4I1 is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.64% yearly.
EPS Next Y13.8%
EPS Next 2Y12.12%
EPS Next 3Y11.39%
EPS Next 5Y10.38%
Revenue Next Year9.4%
Revenue Next 2Y8.85%
Revenue Next 3Y7.97%
Revenue Next 5Y7.64%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 25.27, which means the current valuation is very expensive for 4I1.
4I1's Price/Earnings ratio is a bit more expensive when compared to the industry. 4I1 is more expensive than 60.00% of the companies in the same industry.
4I1's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 24.21.
4I1 is valuated rather expensively with a Price/Forward Earnings ratio of 20.68.
Based on the Price/Forward Earnings ratio, 4I1 is valued a bit more expensive than 60.00% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of 4I1 to the average of the S&P500 Index (20.44), we can say 4I1 is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.27 | ||
| Fwd PE | 20.68 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of 4I1 indicates a slightly more expensive valuation: 4I1 is more expensive than 60.00% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, 4I1 is valued a bit more expensive than 60.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26 | ||
| EV/EBITDA | 19.34 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of 4I1 may justify a higher PE ratio.
PEG (NY)1.83
PEG (5Y)5.35
EPS Next 2Y12.12%
EPS Next 3Y11.39%
5. Dividend
5.1 Amount
4I1 has a Yearly Dividend Yield of 3.14%.
Compared to an average industry Dividend Yield of 5.32, 4I1's dividend is way lower than its industry peers. On top of this 80.00% of the companies listed in the same industry pay a better dividend than 4I1!
4I1's Dividend Yield is a higher than the S&P500 average which is at 2.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.14% |
5.2 History
The dividend of 4I1 has a limited annual growth rate of 2.76%.
Dividend Growth(5Y)2.76%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
4I1 pays out 109.27% of its income as dividend. This is not a sustainable payout ratio.
4I1's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP109.27%
EPS Next 2Y12.12%
EPS Next 3Y11.39%
FRA:4I1 (5/9/2025, 7:00:00 PM)
151.36
-0.9 (-0.59%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryTobacco
Earnings (Last)
Earnings (Next)
Inst Owners80.71%
Inst Owner ChangeN/A
Ins Owners0.13%
Ins Owner ChangeN/A
Market Cap235.59B
Analysts81.67
Price Target155.4 (2.67%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.14% |
Yearly Dividend4.69
Dividend Growth(5Y)2.76%
DP109.27%
Div Incr Years4
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)1.08%
Min EPS beat(2)0.44%
Max EPS beat(2)1.72%
EPS beat(4)3
Avg EPS beat(4)0.59%
Min EPS beat(4)-1.59%
Max EPS beat(4)1.78%
EPS beat(8)6
Avg EPS beat(8)0.36%
EPS beat(12)9
Avg EPS beat(12)2.9%
EPS beat(16)10
Avg EPS beat(16)2.04%
Revenue beat(2)0
Avg Revenue beat(2)-0.58%
Min Revenue beat(2)-1.03%
Max Revenue beat(2)-0.13%
Revenue beat(4)1
Avg Revenue beat(4)-0.44%
Min Revenue beat(4)-1.03%
Max Revenue beat(4)0.11%
Revenue beat(8)3
Avg Revenue beat(8)-0.76%
Revenue beat(12)6
Avg Revenue beat(12)1.23%
Revenue beat(16)8
Avg Revenue beat(16)0.82%
PT rev (1m)11.04%
PT rev (3m)17.68%
EPS NQ rev (1m)3.58%
EPS NQ rev (3m)6.02%
EPS NY rev (1m)1.58%
EPS NY rev (3m)2.71%
Revenue NQ rev (1m)2.87%
Revenue NQ rev (3m)3.8%
Revenue NY rev (1m)2.68%
Revenue NY rev (3m)3.86%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.27 | ||
| Fwd PE | 20.68 | ||
| P/S | 6.91 | ||
| P/FCF | 26 | ||
| P/OCF | 22.8 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 19.34 |
EPS(TTM)5.99
EY3.96%
EPS(NY)7.32
Fwd EY4.83%
FCF(TTM)5.82
FCFY3.85%
OCF(TTM)6.64
OCFY4.39%
SpS21.92
BVpS-6.22
TBVpS-22.33
PEG (NY)1.83
PEG (5Y)5.35
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.64% | ||
| ROE | N/A | ||
| ROCE | 37.61% | ||
| ROIC | 25.67% | ||
| ROICexc | 28.75% | ||
| ROICexgc | 121.16% | ||
| OM | 36.24% | ||
| PM (TTM) | 19.73% | ||
| GM | 65.68% | ||
| FCFM | 26.56% |
ROA(3y)12.65%
ROA(5y)15.58%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)25.07%
ROIC(5y)31.2%
ROICexc(3y)27.51%
ROICexc(5y)37.8%
ROICexgc(3y)111.48%
ROICexgc(5y)109.03%
ROCE(3y)35.09%
ROCE(5y)42.41%
ROICexcg growth 3Y8.03%
ROICexcg growth 5Y11.03%
ROICexc growth 3Y-18.85%
ROICexc growth 5Y-9.39%
OM growth 3Y-4.61%
OM growth 5Y-0.93%
PM growth 3Y-13.73%
PM growth 5Y-5.04%
GM growth 3Y-1.62%
GM growth 5Y0.03%
F-Score6
Asset Turnover0.59
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 4.86 | ||
| Debt/EBITDA | 2.73 | ||
| Cap/Depr | 75.32% | ||
| Cap/Sales | 3.73% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 73.52% | ||
| Profit Quality | 134.6% | ||
| Current Ratio | 0.79 | ||
| Quick Ratio | 0.43 | ||
| Altman-Z | 4 |
F-Score6
WACC8.04%
ROIC/WACC3.19
Cap/Depr(3y)88.63%
Cap/Depr(5y)80.44%
Cap/Sales(3y)3.65%
Cap/Sales(5y)3.09%
Profit Quality(3y)120.71%
Profit Quality(5y)120.05%
High Growth Momentum
Growth
EPS 1Y (TTM)9.95%
EPS 3Y2.57%
EPS 5Y4.72%
EPS Q2Q%12.67%
EPS Next Y13.8%
EPS Next 2Y12.12%
EPS Next 3Y11.39%
EPS Next 5Y10.38%
Revenue 1Y (TTM)6.78%
Revenue growth 3Y6.45%
Revenue growth 5Y4.91%
Sales Q2Q%5.78%
Revenue Next Year9.4%
Revenue Next 2Y8.85%
Revenue Next 3Y7.97%
Revenue Next 5Y7.64%
EBIT growth 1Y1.8%
EBIT growth 3Y1.54%
EBIT growth 5Y3.93%
EBIT Next Year19.22%
EBIT Next 3Y11.82%
EBIT Next 5Y10.29%
FCF growth 1Y34.09%
FCF growth 3Y-1.34%
FCF growth 5Y3.12%
OCF growth 1Y33.17%
OCF growth 3Y0.69%
OCF growth 5Y3.9%