PHILIP MORRIS INTERNATIONAL (4I1.DE) Stock Fundamental Analysis
FRA:4I1 - Deutsche Boerse Ag - US7181721090 - Common Stock - Currency: EUR
Taking everything into account, 4I1 scores 4 out of 10 in our fundamental rating. 4I1 was compared to 6 industry peers in the Tobacco industry. While 4I1 is still in line with the averages on profitability rating, there are concerns on its financial health. While showing a medium growth rate, 4I1 is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
4I1 had positive earnings in the past year.
4I1 had a positive operating cash flow in the past year.
In the past 5 years 4I1 has always been profitable.
4I1 had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of 11.64%, 4I1 perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
4I1's Return On Invested Capital of 25.67% is in line compared to the rest of the industry. 4I1 outperforms 50.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for 4I1 is in line with the industry average of 24.26%.
The last Return On Invested Capital (25.67%) for 4I1 is above the 3 year average (25.07%), which is a sign of increasing profitability.
| 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
Looking at the Profit Margin, with a value of 19.73%, 4I1 is in line with its industry, outperforming 50.00% of the companies in the same industry.
In the last couple of years the Profit Margin of 4I1 has declined.
The Operating Margin of 4I1 (36.24%) is comparable to the rest of the industry.
In the last couple of years the Operating Margin of 4I1 has remained more or less at the same level.
4I1 has a Gross Margin of 65.68%. This is in the better half of the industry: 4I1 outperforms 66.67% of its industry peers.
4I1's Gross Margin has been stable in the last couple of years.
| 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
4I1 has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
4I1 has about the same amout of shares outstanding than it did 1 year ago.
4I1 has about the same amout of shares outstanding than it did 5 years ago.
The debt/assets ratio for 4I1 is higher compared to a year ago.
2.2 Solvency
4I1 has an Altman-Z score of 4.13. This indicates that 4I1 is financially healthy and has little risk of bankruptcy at the moment.
4I1's Altman-Z score of 4.13 is fine compared to the rest of the industry. 4I1 outperforms 66.67% 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.
The Debt to FCF ratio of 4I1 (4.86) is worse than 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 4.86 | ||
| Altman-Z | 4.13 |
ROIC/WACC3.2
WACC8.01%
2.3 Liquidity
A Current Ratio of 0.79 indicates that 4I1 may have some problems paying its short term obligations.
With an excellent Current ratio value of 0.79, 4I1 belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
4I1 has a Quick 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.
The Quick ratio of 4I1 (0.43) is worse than 66.67% 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.
4I1 shows a small growth in Revenue. In the last year, the Revenue has grown by 6.78%.
4I1 shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.91% yearly.
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 11.07% on average per year.
4I1 is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 9.00% yearly.
EPS Next Y17.55%
EPS Next 2Y14.43%
EPS Next 3Y12.97%
EPS Next 5Y11.07%
Revenue Next Year9.41%
Revenue Next 2Y8.93%
Revenue Next 3Y8.17%
Revenue Next 5Y9%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
Based on the Price/Earnings ratio of 26.81, the valuation of 4I1 can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of 4I1 indicates a rather expensive valuation: 4I1 more expensive than 83.33% of the companies listed in the same industry.
4I1's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.18.
A Price/Forward Earnings ratio of 21.07 indicates a rather expensive valuation of 4I1.
Compared to the rest of the industry, the Price/Forward Earnings ratio of 4I1 indicates a rather expensive valuation: 4I1 more expensive than 83.33% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 35.34, 4I1 is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.81 | ||
| Fwd PE | 21.07 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of 4I1 indicates a rather expensive valuation: 4I1 more expensive than 83.33% of the companies listed in the same industry.
4I1's Price/Free Cash Flow ratio is rather expensive when compared to the industry. 4I1 is more expensive than 83.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.6 | ||
| EV/EBITDA | 20.37 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
A more expensive valuation may be justified as 4I1's earnings are expected to grow with 12.97% in the coming years.
PEG (NY)1.53
PEG (5Y)5.67
EPS Next 2Y14.43%
EPS Next 3Y12.97%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.98%, 4I1 has a reasonable but not impressive dividend return.
With a Dividend Yield of 2.98, 4I1 pays less dividend than the industry average, which is at 5.50. 83.33% 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 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.98% |
5.2 History
The dividend of 4I1 has a limited annual growth rate of 2.76%.
Dividend Growth(5Y)2.76%
Div Incr Years5
Div Non Decr Years5
5.3 Sustainability
109.27% of the earnings are spent on dividend by 4I1. This is not a sustainable payout ratio.
The dividend of 4I1 is growing, but earnings are growing more, so the dividend growth is sustainable.
DP109.27%
EPS Next 2Y14.43%
EPS Next 3Y12.97%
FRA:4I1 (7/15/2025, 7:00:00 PM)
154.96
-0.14 (-0.09%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryTobacco
Earnings (Last)
Earnings (Next)
Inst Owners81.41%
Inst Owner ChangeN/A
Ins Owners0.14%
Ins Owner ChangeN/A
Market Cap241.20B
Analysts80
Price Target159.68 (3.05%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.98% |
Yearly Dividend4.52
Dividend Growth(5Y)2.76%
DP109.27%
Div Incr Years5
Div Non Decr Years5
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)0.74%
PT rev (3m)14.1%
EPS NQ rev (1m)-0.06%
EPS NQ rev (3m)3.48%
EPS NY rev (1m)0.03%
EPS NY rev (3m)4.93%
Revenue NQ rev (1m)-0.06%
Revenue NQ rev (3m)2.89%
Revenue NY rev (1m)0.06%
Revenue NY rev (3m)2.68%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.81 | ||
| Fwd PE | 21.07 | ||
| P/S | 7.33 | ||
| P/FCF | 27.6 | ||
| P/OCF | 24.2 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 20.37 |
EPS(TTM)5.78
EY3.73%
EPS(NY)7.35
Fwd EY4.75%
FCF(TTM)5.61
FCFY3.62%
OCF(TTM)6.4
OCFY4.13%
SpS21.14
BVpS-6
TBVpS-21.54
PEG (NY)1.53
PEG (5Y)5.67
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 | 4.13 |
F-Score6
WACC8.01%
ROIC/WACC3.2
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 Y17.55%
EPS Next 2Y14.43%
EPS Next 3Y12.97%
EPS Next 5Y11.07%
Revenue 1Y (TTM)6.78%
Revenue growth 3Y6.45%
Revenue growth 5Y4.91%
Sales Q2Q%5.78%
Revenue Next Year9.41%
Revenue Next 2Y8.93%
Revenue Next 3Y8.17%
Revenue Next 5Y9%
EBIT growth 1Y1.8%
EBIT growth 3Y1.54%
EBIT growth 5Y3.93%
EBIT Next Year24.13%
EBIT Next 3Y13.89%
EBIT Next 5Y11.71%
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%