BRITISH AMERICAN TOBACCO PLC (BMT.DE) Stock Fundamental Analysis

FRA:BMT • GB0002875804

53 EUR
-0.2 (-0.38%)
Last: Feb 27, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

4

BMT gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 5 industry peers in the Tobacco industry. While BMT is still in line with the averages on profitability rating, there are concerns on its financial health. BMT has a valuation in line with the averages, but on the other hand it scores bad on growth.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

  • BMT had positive earnings in the past year.
  • BMT had a positive operating cash flow in the past year.
  • BMT had positive earnings in 4 of the past 5 years.
  • Each year in the past 5 years BMT had a positive operating cash flow.
BMT.DE Yearly Net Income VS EBIT VS OCF VS FCFBMT.DE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10B -10B 20B 30B

1.2 Ratios

  • BMT has a worse Return On Assets (2.80%) than 75.00% of its industry peers.
  • BMT has a Return On Equity of 6.59%. This is in the better half of the industry: BMT outperforms 75.00% of its industry peers.
  • BMT's Return On Invested Capital of 3.20% is on the low side compared to the rest of the industry. BMT is outperformed by 75.00% of its industry peers.
Industry RankSector Rank
ROA 2.8%
ROE 6.59%
ROIC 3.2%
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
BMT.DE Yearly ROA, ROE, ROICBMT.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 40 60

1.3 Margins

  • BMT's Profit Margin of 12.06% is in line compared to the rest of the industry. BMT outperforms 50.00% of its industry peers.
  • BMT's Profit Margin has improved in the last couple of years.
  • BMT has a Operating Margin (13.95%) which is in line with its industry peers.
  • In the last couple of years the Operating Margin of BMT has declined.
  • BMT's Gross Margin of 83.38% is amongst the best of the industry. BMT outperforms 100.00% of its industry peers.
  • In the last couple of years the Gross Margin of BMT has remained more or less at the same level.
Industry RankSector Rank
OM 13.95%
PM (TTM) 12.06%
GM 83.38%
OM growth 3Y-3.12%
OM growth 5Y-1.63%
PM growth 3Y7.94%
PM growth 5Y4.07%
GM growth 3Y0.35%
GM growth 5Y-0.11%
BMT.DE Yearly Profit, Operating, Gross MarginsBMT.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 50 -50 100 150

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ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. Health

2.1 Basic Checks

  • BMT has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • There is no outstanding debt for BMT. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
BMT.DE Yearly Shares OutstandingBMT.DE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B
BMT.DE Yearly Total Debt VS Total AssetsBMT.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 50B 100B 150B

2.2 Solvency

  • Based on the Altman-Z score of 1.50, we must say that BMT is in the distress zone and has some risk of bankruptcy.
  • BMT has a worse Altman-Z score (1.50) than 75.00% of its industry peers.
  • The Debt to FCF ratio of BMT is 4.06, which is a neutral value as it means it would take BMT, 4.06 years of fcf income to pay off all of its debts.
  • The Debt to FCF ratio of BMT (4.06) is comparable to the rest of the industry.
  • BMT has a Debt/Equity ratio of 0.68. This is a neutral value indicating BMT is somewhat dependend on debt financing.
  • BMT has a Debt to Equity ratio of 0.68. This is amongst the best in the industry. BMT outperforms 100.00% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.68
Debt/FCF 4.06
Altman-Z 1.5
ROIC/WACC0.41
WACC7.85%
BMT.DE Yearly LT Debt VS Equity VS FCFBMT.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20B 40B 60B

2.3 Liquidity

  • BMT has a Current Ratio of 0.87. This is a bad value and indicates that BMT is not financially healthy enough and could expect problems in meeting its short term obligations.
  • Looking at the Current ratio, with a value of 0.87, BMT is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
  • A Quick Ratio of 0.55 indicates that BMT may have some problems paying its short term obligations.
  • Looking at the Quick ratio, with a value of 0.55, BMT belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.87
Quick Ratio 0.55
BMT.DE Yearly Current Assets VS Current LiabilitesBMT.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. Growth

3.1 Past

  • The earnings per share for BMT have decreased by -2.87% in the last year.
  • BMT shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.20% yearly.
  • The Revenue has decreased by -0.99% in the past year.
  • The Revenue has been decreasing by -0.13% on average over the past years.
EPS 1Y (TTM)-2.87%
EPS 3Y-1.76%
EPS 5Y1.2%
EPS Q2Q%-1.6%
Revenue 1Y (TTM)-0.99%
Revenue growth 3Y-2.53%
Revenue growth 5Y-0.13%
Sales Q2Q%0.1%

3.2 Future

  • The Earnings Per Share is expected to grow by 6.74% on average over the next years.
  • The Revenue is expected to grow by 1.14% on average over the next years.
EPS Next Y3.9%
EPS Next 2Y5.64%
EPS Next 3Y5.8%
EPS Next 5Y6.74%
Revenue Next Year2.59%
Revenue Next 2Y3.05%
Revenue Next 3Y3.72%
Revenue Next 5Y1.14%

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.
BMT.DE Yearly Revenue VS EstimatesBMT.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 5B 10B 15B 20B 25B
BMT.DE Yearly EPS VS EstimatesBMT.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 1 2 3 4

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Find the best growth stocksShow best growing peers

4

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 13.18, which indicates a correct valuation of BMT.
  • BMT's Price/Earnings ratio is in line with the industry average.
  • BMT is valuated cheaply when we compare the Price/Earnings ratio to 27.07, which is the current average of the S&P500 Index.
  • Based on the Price/Forward Earnings ratio of 12.69, the valuation of BMT can be described as correct.
  • The rest of the industry has a similar Price/Forward Earnings ratio as BMT.
  • BMT is valuated cheaply when we compare the Price/Forward Earnings ratio to 28.05, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 13.18
Fwd PE 12.69
BMT.DE Price Earnings VS Forward Price EarningsBMT.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • 75.00% of the companies in the same industry are cheaper than BMT, based on the Enterprise Value to EBITDA ratio.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of BMT indicates a somewhat cheap valuation: BMT is cheaper than 75.00% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 11.63
EV/EBITDA 20.91
BMT.DE Per share dataBMT.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 -10 20 -20

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)3.38
PEG (5Y)10.98
EPS Next 2Y5.64%
EPS Next 3Y5.8%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

6

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 5.19%, BMT is a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 4.52, BMT pays a bit more dividend than its industry peers.
  • Compared to an average S&P500 Dividend Yield of 1.82, BMT pays a better dividend.
Industry RankSector Rank
Dividend Yield 5.19%

5.2 History

  • The dividend of BMT has a limited annual growth rate of 2.91%.
Dividend Growth(5Y)2.91%
Div Incr Years7
Div Non Decr Years7
BMT.DE Yearly Dividends per shareBMT.DE Yearly Dividends per shareYearly Dividends per share 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1 1.5 2 2.5

5.3 Sustainability

  • 168.94% of the earnings are spent on dividend by BMT. This is not a sustainable payout ratio.
  • The dividend of BMT is growing, but earnings are growing more, so the dividend growth is sustainable.
DP168.94%
EPS Next 2Y5.64%
EPS Next 3Y5.8%
BMT.DE Yearly Income VS Free CF VS DividendBMT.DE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10B -10B 20B 30B
BMT.DE Dividend Payout.BMT.DE Dividend Payout, showing the Payout Ratio.BMT.DE Dividend Payout.PayoutRetained Earnings

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BRITISH AMERICAN TOBACCO PLC

FRA:BMT (2/27/2026, 7:00:00 PM)

53

-0.2 (-0.38%)

Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryTobacco
Earnings (Last)02-12
Earnings (Next)07-29
Inst Owners42.85%
Inst Owner ChangeN/A
Ins Owners0.04%
Ins Owner ChangeN/A
Market Cap114.97B
Revenue(TTM)25.61B
Net Income(TTM)3.09B
Analysts77
Price Target54.25 (2.36%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 5.19%
Yearly Dividend2.72
Dividend Growth(5Y)2.91%
DP168.94%
Div Incr Years7
Div Non Decr Years7
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)1.54%
PT rev (3m)7.08%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-0.43%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.63%
Revenue NY rev (3m)-0.15%
Valuation
Industry RankSector Rank
PE 13.18
Fwd PE 12.69
P/S 3.94
P/FCF 11.63
P/OCF 10.87
P/B 2.15
P/tB N/A
EV/EBITDA 20.91
EPS(TTM)4.02
EY7.58%
EPS(NY)4.17
Fwd EY7.88%
FCF(TTM)4.56
FCFY8.6%
OCF(TTM)4.88
OCFY9.2%
SpS13.47
BVpS24.66
TBVpS-20.7
PEG (NY)3.38
PEG (5Y)10.98
Graham Number47.23
Profitability
Industry RankSector Rank
ROA 2.8%
ROE 6.59%
ROCE 3.79%
ROIC 3.2%
ROICexc 3.37%
ROICexgc 96.71%
OM 13.95%
PM (TTM) 12.06%
GM 83.38%
FCFM 33.85%
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-3.12%
OM growth 5Y-1.63%
PM growth 3Y7.94%
PM growth 5Y4.07%
GM growth 3Y0.35%
GM growth 5Y-0.11%
F-Score8
Asset Turnover0.23
Health
Industry RankSector Rank
Debt/Equity 0.68
Debt/FCF 4.06
Debt/EBITDA 5.11
Cap/Depr 22.67%
Cap/Sales 2.37%
Interest Coverage 2
Cash Conversion 148.45%
Profit Quality 280.54%
Current Ratio 0.87
Quick Ratio 0.55
Altman-Z 1.5
F-Score8
WACC7.85%
ROIC/WACC0.41
Cap/Depr(3y)16.45%
Cap/Depr(5y)33.77%
Cap/Sales(3y)2.43%
Cap/Sales(5y)2.51%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-2.87%
EPS 3Y-1.76%
EPS 5Y1.2%
EPS Q2Q%-1.6%
EPS Next Y3.9%
EPS Next 2Y5.64%
EPS Next 3Y5.8%
EPS Next 5Y6.74%
Revenue 1Y (TTM)-0.99%
Revenue growth 3Y-2.53%
Revenue growth 5Y-0.13%
Sales Q2Q%0.1%
Revenue Next Year2.59%
Revenue Next 2Y3.05%
Revenue Next 3Y3.72%
Revenue Next 5Y1.14%
EBIT growth 1Y-67.36%
EBIT growth 3Y-5.57%
EBIT growth 5Y-1.76%
EBIT Next Year12.45%
EBIT Next 3Y7.18%
EBIT Next 5Y7.85%
FCF growth 1Y-15.49%
FCF growth 3Y-18.7%
FCF growth 5Y-9.67%
OCF growth 1Y-14.71%
OCF growth 3Y-17.09%
OCF growth 5Y-8.92%

BRITISH AMERICAN TOBACCO PLC / BMT.DE FAQ

What is the ChartMill fundamental rating of BRITISH AMERICAN TOBACCO PLC (BMT.DE) stock?

ChartMill assigns a fundamental rating of 4 / 10 to BMT.DE.


What is the valuation status of BRITISH AMERICAN TOBACCO PLC (BMT.DE) stock?

ChartMill assigns a valuation rating of 4 / 10 to BRITISH AMERICAN TOBACCO PLC (BMT.DE). This can be considered as Fairly Valued.


What is the profitability of BMT stock?

BRITISH AMERICAN TOBACCO PLC (BMT.DE) has a profitability rating of 5 / 10.


How financially healthy is BRITISH AMERICAN TOBACCO PLC?

The financial health rating of BRITISH AMERICAN TOBACCO PLC (BMT.DE) is 4 / 10.


What is the earnings growth outlook for BRITISH AMERICAN TOBACCO PLC?

The Earnings per Share (EPS) of BRITISH AMERICAN TOBACCO PLC (BMT.DE) is expected to grow by 3.9% in the next year.