PHILIP MORRIS INTERNATIONAL (4I1.DE) Stock Fundamental Analysis
FRA:4I1 - Deutsche Boerse Ag - US7181721090 - Common Stock - Currency: EUR
Overall 4I1 gets a fundamental rating of 4 out of 10. We evaluated 4I1 against 5 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. 4I1 is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
4I1 had positive earnings in the past year.
In the past year 4I1 had a positive cash flow from operations.
4I1 had positive earnings in each of the past 5 years.
Each year in the past 5 years 4I1 had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 11.64%, 4I1 is in line with its industry, outperforming 60.00% 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 60.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for 4I1 is above the industry average of 21.83%.
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
4I1 has a Profit Margin (19.73%) which is in line with its industry peers.
In the last couple of years the Profit Margin of 4I1 has declined.
With a Operating Margin value of 36.24%, 4I1 perfoms like the industry average, outperforming 60.00% of the companies in the same industry.
4I1's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 65.68%, 4I1 is in line with its industry, outperforming 60.00% of the companies in the same industry.
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
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so 4I1 is creating value.
Compared to 1 year ago, 4I1 has about the same amount of shares outstanding.
The number of shares outstanding for 4I1 remains at a similar level compared to 5 years ago.
Compared to 1 year ago, 4I1 has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.96 indicates that 4I1 is not in any danger for bankruptcy at the moment.
With a decent Altman-Z score value of 3.96, 4I1 is doing good in the industry, outperforming 80.00% of the companies in the same industry.
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 has a worse Debt to FCF ratio (4.86) than 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 4.86 | ||
| Altman-Z | 3.96 |
ROIC/WACC3.31
WACC7.76%
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.
4I1 has a Current ratio of 0.79. This is in the better half of the industry: 4I1 outperforms 80.00% of its industry peers.
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.
4I1 has a Quick ratio (0.43) which is in line with 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 15.36%, 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 7.16% in the past year.
Measured over the past years, 4I1 shows a small growth in Revenue. The Revenue has been growing by 4.91% on average per year.
EPS 1Y (TTM)15.36%
EPS 3Y2.57%
EPS 5Y4.72%
EPS Q2Q%20.13%
Revenue 1Y (TTM)7.16%
Revenue growth 3Y6.45%
Revenue growth 5Y4.91%
Sales Q2Q%7.1%
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.
The Revenue is expected to grow by 9.00% on average over the next years. This is quite good.
EPS Next Y17.55%
EPS Next 2Y14.43%
EPS Next 3Y12.97%
EPS Next 5Y11.07%
Revenue Next Year9.12%
Revenue Next 2Y8.77%
Revenue Next 3Y7.96%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 23.57, 4I1 is valued on the expensive side.
80.00% of the companies in the same industry are cheaper than 4I1, based on the Price/Earnings ratio.
4I1's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.54.
The Price/Forward Earnings ratio is 19.38, which indicates a rather expensive current valuation of 4I1.
Based on the Price/Forward Earnings ratio, 4I1 is valued more expensive than 80.00% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of 4I1 to the average of the S&P500 Index (35.28), we can say 4I1 is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.57 | ||
| Fwd PE | 19.38 |
4.2 Price Multiples
4I1's Enterprise Value to EBITDA 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.
Based on the Price/Free Cash Flow ratio, 4I1 is valued more expensive than 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.39 | ||
| EV/EBITDA | 19.05 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
4I1's earnings are expected to grow with 12.97% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.34
PEG (5Y)4.99
EPS Next 2Y14.43%
EPS Next 3Y12.97%
5. Dividend
5.1 Amount
4I1 has a Yearly Dividend Yield of 3.29%.
4I1's Dividend Yield is slightly below the industry average, which is at 5.10.
Compared to an average S&P500 Dividend Yield of 2.40, 4I1 pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.29% |
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
4I1 pays out 109.27% of its income as dividend. 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 (8/7/2025, 7:00:00 PM)
143.28
-0.92 (-0.64%)
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 Cap223.03B
Analysts80
Price Target161.42 (12.66%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.29% |
Yearly Dividend4.63
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)1.09%
PT rev (3m)16.29%
EPS NQ rev (1m)-0.01%
EPS NQ rev (3m)0.09%
EPS NY rev (1m)0.18%
EPS NY rev (3m)3.3%
Revenue NQ rev (1m)0.1%
Revenue NQ rev (3m)0.17%
Revenue NY rev (1m)-0.15%
Revenue NY rev (3m)1.41%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.57 | ||
| Fwd PE | 19.38 | ||
| P/S | 6.74 | ||
| P/FCF | 25.39 | ||
| P/OCF | 22.26 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 19.05 |
EPS(TTM)6.08
EY4.24%
EPS(NY)7.39
Fwd EY5.16%
FCF(TTM)5.64
FCFY3.94%
OCF(TTM)6.44
OCFY4.49%
SpS21.25
BVpS-6.04
TBVpS-21.65
PEG (NY)1.34
PEG (5Y)4.99
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 | 3.96 |
F-Score6
WACC7.76%
ROIC/WACC3.31
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)15.36%
EPS 3Y2.57%
EPS 5Y4.72%
EPS Q2Q%20.13%
EPS Next Y17.55%
EPS Next 2Y14.43%
EPS Next 3Y12.97%
EPS Next 5Y11.07%
Revenue 1Y (TTM)7.16%
Revenue growth 3Y6.45%
Revenue growth 5Y4.91%
Sales Q2Q%7.1%
Revenue Next Year9.12%
Revenue Next 2Y8.77%
Revenue Next 3Y7.96%
Revenue Next 5Y9%
EBIT growth 1Y1.21%
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%