BRITISH AMERICAN TOB-SP ADR (BTI) Stock Fundamental Analysis

USA • New York Stock Exchange • NYSE:BTI • US1104481072

60.19 USD
-0.96 (-1.57%)
At close: Feb 10, 2026
60.51 USD
+0.32 (+0.53%)
Pre-Market: 2/11/2026, 7:07:47 AM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to BTI. BTI was compared to 8 industry peers in the Tobacco industry. Both the profitability and the financial health of BTI get a neutral evaluation. Nothing too spectacular is happening here. BTI has a valuation in line with the averages, but on the other hand it scores bad on growth.


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

  • In the past year BTI was profitable.
  • BTI had a positive operating cash flow in the past year.
  • Of the past 5 years BTI 4 years were profitable.
  • Each year in the past 5 years BTI had a positive operating cash flow.
BTI Yearly Net Income VS EBIT VS OCF VS FCFBTI 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 0 10B -10B 20B 30B

1.2 Ratios

  • BTI has a worse Return On Assets (2.80%) than 62.50% of its industry peers.
  • BTI has a better Return On Equity (6.59%) than 75.00% of its industry peers.
  • BTI has a Return On Invested Capital (3.41%) which is comparable to the rest of the industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for BTI is significantly below the industry average of 14.41%.
  • The 3 year average ROIC (9.25%) for BTI is well above the current ROIC(3.41%). The reason for the recent decline needs to be investigated.
Industry RankSector Rank
ROA 2.8%
ROE 6.59%
ROIC 3.41%
ROA(3y)-1.73%
ROA(5y)0.88%
ROE(3y)-4.1%
ROE(5y)1.61%
ROIC(3y)9.25%
ROIC(5y)8.7%
BTI Yearly ROA, ROE, ROICBTI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40 60

1.3 Margins

  • BTI has a Profit Margin of 12.06%. This is comparable to the rest of the industry: BTI outperforms 50.00% of its industry peers.
  • BTI's Profit Margin has declined in the last couple of years.
  • The Operating Margin of BTI (13.95%) is better than 62.50% of its industry peers.
  • In the last couple of years the Operating Margin of BTI has remained more or less at the same level.
  • The Gross Margin of BTI (83.38%) is better than 100.00% of its industry peers.
  • BTI's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 13.95%
PM (TTM) 12.06%
GM 83.38%
OM growth 3Y-2.51%
OM growth 5Y0.86%
PM growth 3Y-23.49%
PM growth 5Y-11.66%
GM growth 3Y0.09%
GM growth 5Y-0.13%
BTI Yearly Profit, Operating, Gross MarginsBTI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50 -50 100 150

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ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so BTI is still creating some value.
  • Compared to 1 year ago, BTI has less shares outstanding
  • Compared to 5 years ago, BTI has less shares outstanding
  • BTI has a better debt/assets ratio than last year.
BTI Yearly Shares OutstandingBTI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B
BTI Yearly Total Debt VS Total AssetsBTI 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

  • BTI has an Altman-Z score of 1.45. This is a bad value and indicates that BTI is not financially healthy and even has some risk of bankruptcy.
  • The Altman-Z score of BTI (1.45) is better than 62.50% of its industry peers.
  • BTI has a debt to FCF ratio of 4.06. This is a neutral value as BTI would need 4.06 years to pay back of all of its debts.
  • The Debt to FCF ratio of BTI (4.06) is better than 75.00% of its industry peers.
  • BTI has a Debt/Equity ratio of 0.68. This is a neutral value indicating BTI is somewhat dependend on debt financing.
  • With a decent Debt to Equity ratio value of 0.68, BTI is doing good in the industry, outperforming 75.00% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.68
Debt/FCF 4.06
Altman-Z 1.45
ROIC/WACC0.42
WACC8.19%
BTI Yearly LT Debt VS Equity VS FCFBTI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 20B 40B 60B

2.3 Liquidity

  • A Current Ratio of 0.87 indicates that BTI may have some problems paying its short term obligations.
  • BTI has a Current ratio of 0.87. This is in the lower half of the industry: BTI underperforms 62.50% of its industry peers.
  • A Quick Ratio of 0.55 indicates that BTI may have some problems paying its short term obligations.
  • The Quick ratio of BTI (0.55) is worse than 75.00% of its industry peers.
Industry RankSector Rank
Current Ratio 0.87
Quick Ratio 0.55
BTI Yearly Current Assets VS Current LiabilitesBTI 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 BTI have decreased by -2.23% in the last year.
  • BTI shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 2.28% yearly.
  • The Revenue has decreased by -2.24% in the past year.
  • Measured over the past years, BTI shows a decrease in Revenue. The Revenue has been decreasing by -0.01% on average per year.
EPS 1Y (TTM)-2.23%
EPS 3Y3.29%
EPS 5Y2.28%
EPS Q2Q%-4.31%
Revenue 1Y (TTM)-2.24%
Revenue growth 3Y0.24%
Revenue growth 5Y-0.01%
Sales Q2Q%-2.2%

3.2 Future

  • Based on estimates for the next years, BTI will show a small growth in Earnings Per Share. The EPS will grow by 4.71% on average per year.
  • Based on estimates for the next years, BTI will show a small growth in Revenue. The Revenue will grow by 2.08% on average per year.
EPS Next Y-5.04%
EPS Next 2Y0.46%
EPS Next 3Y2.73%
EPS Next 5Y4.71%
Revenue Next Year-1.7%
Revenue Next 2Y0.71%
Revenue Next 3Y1.65%
Revenue Next 5Y2.08%

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.
BTI Yearly Revenue VS EstimatesBTI 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
BTI Yearly EPS VS EstimatesBTI 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

6

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 12.21, the valuation of BTI can be described as correct.
  • BTI's Price/Earnings ratio is a bit cheaper when compared to the industry. BTI is cheaper than 75.00% of the companies in the same industry.
  • The average S&P500 Price/Earnings ratio is at 28.03. BTI is valued rather cheaply when compared to this.
  • Based on the Price/Forward Earnings ratio of 11.84, the valuation of BTI can be described as reasonable.
  • 75.00% of the companies in the same industry are more expensive than BTI, based on the Price/Forward Earnings ratio.
  • BTI is valuated cheaply when we compare the Price/Forward Earnings ratio to 27.97, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 12.21
Fwd PE 11.84
BTI Price Earnings VS Forward Price EarningsBTI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, BTI is valued a bit cheaper than 62.50% of the companies in the same industry.
  • 87.50% of the companies in the same industry are more expensive than BTI, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 11.03
EV/EBITDA 20.08
BTI Per share dataBTI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 -10 20 -20

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)5.35
EPS Next 2Y0.46%
EPS Next 3Y2.73%

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

6

5. Dividend

5.1 Amount

  • BTI has a Yearly Dividend Yield of 5.27%, which is a nice return.
  • BTI's Dividend Yield is a higher than the industry average which is at 3.27.
  • Compared to an average S&P500 Dividend Yield of 1.80, BTI pays a better dividend.
Industry RankSector Rank
Dividend Yield 5.27%

5.2 History

  • The dividend of BTI has a limited annual growth rate of 3.19%.
  • BTI has paid a dividend for at least 10 years, which is a reliable track record.
  • BTI has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)3.19%
Div Incr Years3
Div Non Decr Years3
BTI Yearly Dividends per shareBTI Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1 2 3

5.3 Sustainability

  • BTI pays out 168.94% of its income as dividend. This is not a sustainable payout ratio.
  • BTI's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP168.94%
EPS Next 2Y0.46%
EPS Next 3Y2.73%
BTI Yearly Income VS Free CF VS DividendBTI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10B -10B 20B 30B
BTI Dividend Payout.BTI Dividend Payout, showing the Payout Ratio.BTI Dividend Payout.PayoutRetained Earnings

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Find the best dividend stocksShow peers with best dividend

BRITISH AMERICAN TOB-SP ADR

NYSE:BTI (2/10/2026, 8:04:00 PM)

Premarket: 60.51 +0.32 (+0.53%)

60.19

-0.96 (-1.57%)

Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryTobacco
Earnings (Last)N/A
Earnings (Next)02-12
Inst Owners42.85%
Inst Owner Change0.64%
Ins Owners0.04%
Ins Owner ChangeN/A
Market Cap130.68B
Revenue(TTM)25.60B
Net Income(TTM)3.09B
Analysts77
Price Target64.08 (6.46%)
Short Float %0.26%
Short Ratio1.51
Dividend
Industry RankSector Rank
Dividend Yield 5.27%
Yearly Dividend3.24
Dividend Growth(5Y)3.19%
DP168.94%
Div Incr Years3
Div Non Decr Years3
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)3.79%
PT rev (3m)7.83%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.2%
EPS NY rev (3m)0.27%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.26%
Valuation
Industry RankSector Rank
PE 12.21
Fwd PE 11.84
P/S 3.73
P/FCF 11.03
P/OCF 10.31
P/B 2.04
P/tB N/A
EV/EBITDA 20.08
EPS(TTM)4.93
EY8.19%
EPS(NY)5.08
Fwd EY8.44%
FCF(TTM)5.46
FCFY9.07%
OCF(TTM)5.84
OCFY9.7%
SpS16.13
BVpS29.53
TBVpS-24.79
PEG (NY)N/A
PEG (5Y)5.35
Graham Number57.24
Profitability
Industry RankSector Rank
ROA 2.8%
ROE 6.59%
ROCE 3.79%
ROIC 3.41%
ROICexc 3.59%
ROICexgc 103.1%
OM 13.95%
PM (TTM) 12.06%
GM 83.38%
FCFM 33.85%
ROA(3y)-1.73%
ROA(5y)0.88%
ROE(3y)-4.1%
ROE(5y)1.61%
ROIC(3y)9.25%
ROIC(5y)8.7%
ROICexc(3y)9.71%
ROICexc(5y)9.07%
ROICexgc(3y)1761.14%
ROICexgc(5y)1157.35%
ROCE(3y)10.3%
ROCE(5y)9.7%
ROICexgc growth 3Y160.63%
ROICexgc growth 5Y62.99%
ROICexc growth 3Y5.7%
ROICexc growth 5Y5.98%
OM growth 3Y-2.51%
OM growth 5Y0.86%
PM growth 3Y-23.49%
PM growth 5Y-11.66%
GM growth 3Y0.09%
GM growth 5Y-0.13%
F-Score7
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 1.45
F-Score7
WACC8.19%
ROIC/WACC0.42
Cap/Depr(3y)23.99%
Cap/Depr(5y)39.87%
Cap/Sales(3y)2.31%
Cap/Sales(5y)2.55%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-2.23%
EPS 3Y3.29%
EPS 5Y2.28%
EPS Q2Q%-4.31%
EPS Next Y-5.04%
EPS Next 2Y0.46%
EPS Next 3Y2.73%
EPS Next 5Y4.71%
Revenue 1Y (TTM)-2.24%
Revenue growth 3Y0.24%
Revenue growth 5Y-0.01%
Sales Q2Q%-2.2%
Revenue Next Year-1.7%
Revenue Next 2Y0.71%
Revenue Next 3Y1.65%
Revenue Next 5Y2.08%
EBIT growth 1Y-67.36%
EBIT growth 3Y-2.28%
EBIT growth 5Y0.85%
EBIT Next Year4.34%
EBIT Next 3Y4.18%
EBIT Next 5Y5.8%
FCF growth 1Y-11.49%
FCF growth 3Y1.99%
FCF growth 5Y3.07%
OCF growth 1Y-11.08%
OCF growth 3Y1.38%
OCF growth 5Y2.39%

BRITISH AMERICAN TOB-SP ADR / BTI FAQ

What is the fundamental rating for BTI stock?

ChartMill assigns a fundamental rating of 5 / 10 to BTI.


What is the valuation status of BRITISH AMERICAN TOB-SP ADR (BTI) stock?

ChartMill assigns a valuation rating of 6 / 10 to BRITISH AMERICAN TOB-SP ADR (BTI). This can be considered as Fairly Valued.


How profitable is BRITISH AMERICAN TOB-SP ADR (BTI) stock?

BRITISH AMERICAN TOB-SP ADR (BTI) has a profitability rating of 5 / 10.


What is the valuation of BRITISH AMERICAN TOB-SP ADR based on its PE and PB ratios?

The Price/Earnings (PE) ratio for BRITISH AMERICAN TOB-SP ADR (BTI) is 12.21 and the Price/Book (PB) ratio is 2.04.


What is the earnings growth outlook for BRITISH AMERICAN TOB-SP ADR?

The Earnings per Share (EPS) of BRITISH AMERICAN TOB-SP ADR (BTI) is expected to decline by -5.04% in the next year.