PHILIP MORRIS INTERNATIONAL (PM) Stock Fundamental Analysis
USA - NYSE:PM - US7181721090 - Common Stock
144.33 USD
0 (0%)
Overall PM gets a fundamental rating of 6 out of 10. We evaluated PM against 8 industry peers in the Tobacco industry. PM has an excellent profitability rating, but there are concerns on its financial health. PM is not valued too expensively and it also shows a decent growth rate. PM also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year PM was profitable.
In the past year PM had a positive cash flow from operations.
Each year in the past 5 years PM has been profitable.
In the past 5 years PM always reported a positive cash flow from operatings.
1.2 Ratios
PM has a Return On Assets of 11.98%. This is amongst the best in the industry. PM outperforms 87.50% of its industry peers.
PM has a better Return On Invested Capital (25.78%) than 87.50% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for PM is significantly above the industry average of 14.43%.
The last Return On Invested Capital (25.78%) for PM is above the 3 year average (25.07%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.98% | ||
| ROE | N/A | ||
| ROIC | 25.78% |
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 21.01%, PM is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
PM's Profit Margin has declined in the last couple of years.
The Operating Margin of PM (37.03%) is better than 87.50% of its industry peers.
In the last couple of years the Operating Margin of PM has remained more or less at the same level.
With an excellent Gross Margin value of 66.44%, PM belongs to the best of the industry, outperforming 87.50% of the companies in the same industry.
In the last couple of years the Gross Margin of PM has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 37.03% | ||
| PM (TTM) | 21.01% | ||
| GM | 66.44% |
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 PM is creating value.
PM has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for PM remains at a similar level compared to 5 years ago.
Compared to 1 year ago, PM has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.56 indicates that PM is not in any danger for bankruptcy at the moment.
PM has a Altman-Z score of 3.56. This is in the better half of the industry: PM outperforms 75.00% of its industry peers.
The Debt to FCF ratio of PM is 5.72, which is a neutral value as it means it would take PM, 5.72 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of PM (5.72) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 5.73 | ||
| Altman-Z | 3.56 |
ROIC/WACC2.93
WACC8.8%
2.3 Liquidity
A Current Ratio of 0.83 indicates that PM may have some problems paying its short term obligations.
PM has a worse Current ratio (0.83) than 62.50% of its industry peers.
A Quick Ratio of 0.45 indicates that PM may have some problems paying its short term obligations.
With a Quick ratio value of 0.45, PM is not doing good in the industry: 75.00% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.83 | ||
| Quick Ratio | 0.45 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 16.19% over the past year.
Measured over the past 5 years, PM shows a small growth in Earnings Per Share. The EPS has been growing by 4.72% on average per year.
The Revenue has been growing slightly by 7.45% in the past year.
Measured over the past years, PM shows a small growth in Revenue. The Revenue has been growing by 4.91% on average per year.
EPS 1Y (TTM)16.19%
EPS 3Y2.57%
EPS 5Y4.72%
EPS Q2Q%17.28%
Revenue 1Y (TTM)7.45%
Revenue growth 3Y6.45%
Revenue growth 5Y4.91%
Sales Q2Q%9.42%
3.2 Future
PM is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 11.93% yearly.
PM is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.73% yearly.
EPS Next Y18.43%
EPS Next 2Y14.67%
EPS Next 3Y12.92%
EPS Next 5Y11.93%
Revenue Next Year8.82%
Revenue Next 2Y8.56%
Revenue Next 3Y7.98%
Revenue Next 5Y8.73%
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
Based on the Price/Earnings ratio of 19.53, the valuation of PM can be described as rather expensive.
Based on the Price/Earnings ratio, PM is valued a bit cheaper than 62.50% of the companies in the same industry.
PM's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.11.
With a Price/Forward Earnings ratio of 16.76, PM is valued correctly.
PM's Price/Forward Earnings is on the same level as the industry average.
PM is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.55, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.53 | ||
| Fwd PE | 16.76 |
4.2 Price Multiples
75.00% of the companies in the same industry are more expensive than PM, based on the Enterprise Value to EBITDA ratio.
The rest of the industry has a similar Price/Free Cash Flow ratio as PM.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.99 | ||
| EV/EBITDA | 16.42 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The excellent profitability rating of PM may justify a higher PE ratio.
A more expensive valuation may be justified as PM's earnings are expected to grow with 12.92% in the coming years.
PEG (NY)1.06
PEG (5Y)4.13
EPS Next 2Y14.67%
EPS Next 3Y12.92%
5. Dividend
5.1 Amount
PM has a Yearly Dividend Yield of 4.03%, which is a nice return.
Compared to an average industry Dividend Yield of 4.19, PM pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.37, PM pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.03% |
5.2 History
The dividend of PM has a limited annual growth rate of 2.76%.
PM has been paying a dividend for at least 10 years, so it has a reliable track record.
PM has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)2.76%
Div Incr Years16
Div Non Decr Years16
5.3 Sustainability
PM pays out 101.82% of its income as dividend. This is not a sustainable payout ratio.
PM's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP101.82%
EPS Next 2Y14.67%
EPS Next 3Y12.92%
NYSE:PM (11/3/2025, 2:56:05 PM)
144.33
0 (0%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryTobacco
Earnings (Last)
Earnings (Next)
Inst Owners81.82%
Inst Owner Change-0.53%
Ins Owners0.14%
Ins Owner Change0.19%
Market Cap224.66B
Revenue(TTM)39.99B
Net Income(TTM)8.21B
Analysts81.54
Price Target187.33 (29.79%)
Short Float %0.93%
Short Ratio2.24
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.03% |
Yearly Dividend5.28
Dividend Growth(5Y)2.76%
DP101.82%
Div Incr Years16
Div Non Decr Years16
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.77%
Min EPS beat(2)-0.19%
Max EPS beat(2)1.72%
EPS beat(4)3
Avg EPS beat(4)0.94%
Min EPS beat(4)-0.19%
Max EPS beat(4)1.78%
EPS beat(8)5
Avg EPS beat(8)-0.35%
EPS beat(12)8
Avg EPS beat(12)1.72%
EPS beat(16)10
Avg EPS beat(16)2.13%
Revenue beat(2)0
Avg Revenue beat(2)-2.88%
Min Revenue beat(2)-4.73%
Max Revenue beat(2)-1.03%
Revenue beat(4)0
Avg Revenue beat(4)-1.65%
Min Revenue beat(4)-4.73%
Max Revenue beat(4)-0.13%
Revenue beat(8)2
Avg Revenue beat(8)-1.43%
Revenue beat(12)5
Avg Revenue beat(12)-0.23%
Revenue beat(16)8
Avg Revenue beat(16)0.78%
PT rev (1m)-1.44%
PT rev (3m)-0.6%
EPS NQ rev (1m)-0.14%
EPS NQ rev (3m)-1.82%
EPS NY rev (1m)-0.02%
EPS NY rev (3m)0.75%
Revenue NQ rev (1m)0.05%
Revenue NQ rev (3m)-0.64%
Revenue NY rev (1m)-0.1%
Revenue NY rev (3m)-0.53%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.53 | ||
| Fwd PE | 16.76 | ||
| P/S | 5.75 | ||
| P/FCF | 24.99 | ||
| P/OCF | 21.59 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 16.42 |
EPS(TTM)7.39
EY5.12%
EPS(NY)8.61
Fwd EY5.97%
FCF(TTM)5.77
FCFY4%
OCF(TTM)6.69
OCFY4.63%
SpS25.09
BVpS-7.69
TBVpS-26.07
PEG (NY)1.06
PEG (5Y)4.13
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.98% | ||
| ROE | N/A | ||
| ROCE | 35.84% | ||
| ROIC | 25.78% | ||
| ROICexc | 28.53% | ||
| ROICexgc | 108.91% | ||
| OM | 37.03% | ||
| PM (TTM) | 21.01% | ||
| GM | 66.44% | ||
| FCFM | 23.01% |
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%
ROICexgc growth 3Y8.03%
ROICexgc 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 Turnover0.57
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 5.73 | ||
| Debt/EBITDA | 2.74 | ||
| Cap/Depr | 72.85% | ||
| Cap/Sales | 3.63% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 63.41% | ||
| Profit Quality | 109.54% | ||
| Current Ratio | 0.83 | ||
| Quick Ratio | 0.45 | ||
| Altman-Z | 3.56 |
F-Score6
WACC8.8%
ROIC/WACC2.93
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)16.19%
EPS 3Y2.57%
EPS 5Y4.72%
EPS Q2Q%17.28%
EPS Next Y18.43%
EPS Next 2Y14.67%
EPS Next 3Y12.92%
EPS Next 5Y11.93%
Revenue 1Y (TTM)7.45%
Revenue growth 3Y6.45%
Revenue growth 5Y4.91%
Sales Q2Q%9.42%
Revenue Next Year8.82%
Revenue Next 2Y8.56%
Revenue Next 3Y7.98%
Revenue Next 5Y8.73%
EBIT growth 1Y5.89%
EBIT growth 3Y1.54%
EBIT growth 5Y3.93%
EBIT Next Year23.23%
EBIT Next 3Y13.83%
EBIT Next 5Y11.91%
FCF growth 1Y21.31%
FCF growth 3Y-1.34%
FCF growth 5Y3.12%
OCF growth 1Y20.33%
OCF growth 3Y0.69%
OCF growth 5Y3.9%
PHILIP MORRIS INTERNATIONAL / PM FAQ
What is the fundamental rating for PM stock?
ChartMill assigns a fundamental rating of 6 / 10 to PM.
What is the valuation status for PM stock?
ChartMill assigns a valuation rating of 5 / 10 to PHILIP MORRIS INTERNATIONAL (PM). This can be considered as Fairly Valued.
What is the profitability of PM stock?
PHILIP MORRIS INTERNATIONAL (PM) has a profitability rating of 8 / 10.
What is the earnings growth outlook for PHILIP MORRIS INTERNATIONAL?
The Earnings per Share (EPS) of PHILIP MORRIS INTERNATIONAL (PM) is expected to grow by 18.43% in the next year.
Can you provide the dividend sustainability for PM stock?
The dividend rating of PHILIP MORRIS INTERNATIONAL (PM) is 7 / 10 and the dividend payout ratio is 101.82%.