Stock · BATS.L · Consumer Defensive
United Kingdom · Large Cap · Revenue 12 mo. £25.8B
Price as of 11/06/2026
British American Tobacco p.l.c. provides tobacco and nicotine products to consumers in the United States, Europe, Latin America, Canada, the Asia-Pacific, the Middle East, Central Asia, Caucasus, and Africa.
British American Tobacco p.l.c. provides tobacco and nicotine products to consumers in the United States, Europe, Latin America, Canada, the Asia-Pacific, the Middle East, Central Asia, Caucasus, and Africa. The company offers vapour products; heated products, which consists of a battery-powered device and a plant-based substance consumable that is heated; modern oral products, such as nicotine pouches; combustibles, including cigarette sticks and other tobacco stick products; traditional oral products, such as snus and moist snuff; and fine cut/roll-your-own tobacco products. It sells its products under the Vuse, glo, Velo, Grizzly, Kodiak, Dunhill, Kent, Lucky Strike, Pall Mall, Rothmans, Newport, Natural American Spirit, and Camel Snus brands, as well as Vogue, Viceroy, Kool, Peter Stuyvesant, Craven A, and State Express 555 brands. The company distributes its products to retail outlets. British American Tobacco p.l.c. was founded in 1902 and is headquartered in London, the United Kingdom.
Original text from the data provider
Summary
58.2 of 100
Mean of the six area values. Each area value is the mean of the stock's ranks among the companies in its sector. 50 is the middle of the sector, not a share of companies beaten.
Analysis
What the price requires
If free cash flow stays at €5.2B (2025), it supports €58.1B. The remaining €60B of the market value assume it grows 9.9% a year for 10 years and not at all afterwards.
Required FCF growth per year
9.9%
no growth afterwards
with respect to the priced-in expectation
with respect to the priced-in expectation
Since the last quarter
Q1 → Q3 2026
3 more unchanged: Revenue, 12 mo., Net debt, Shares outstanding
Derivation
Each area value is the average of its metrics' ranks within the sector (0 to 100, 50 is the middle). For metrics where lower is better, the rank is mirrored. The overall value is the average of the area values.
Price as of 11/06/2026.
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Return on equity | 16.20% | 12.35% | Rank 63 |
| Return on capital (Greenblatt) | 223.00% | 20.14% | Rank 99 |
| EBIT margin | 39.04% | 9.44% | Rank 99 |
| FCF margin | 17.03% | 6.71% | Rank 90 |
| Gross margin | 83.50% | 35.78% | Rank 100 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Revenue growth, 1 year | −0.99% | 2.12% | Rank 27 |
| Earnings growth, 3 years per year | 6.25% | 5.20% | Rank 51 |
| Earnings growth, 5 years per year | 4.55% | 6.07% | Rank 47 |
| Sustainable growth (ROE × retained earnings) | 7.73% | 3.77% | Rank 91 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Earnings yield | 7.73% | 4.25% | Rank 93 |
| FCF yield | 4.43% | 5.05% | Rank 41 |
| EV/saleslower is better | 5.09 | 1.51 | Rank 8 |
| EV/EBITlower is better | 13.05 | 16.74 | Rank 77 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Share price, 1 year | 0.20% | 3.24% | Rank 43 |
| Share price, 6 months | 7.51% | 11.30% | Rank 37 |
| Share price, 3 months | 8.43% | 9.00% | Rank 48 |
| Distance from 52-week high | −7.96% | −7.96% | Rank 49 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Accruals (Sloan)lower is better | 0.03% | −0.99% | Rank 36 |
| Change in share countlower is better | −1.17% | −0.62% | Rank 61 |
| Dividend streak in years | 7 | 5 | Rank 64 |
| Price reaction to results, market-adjusted | 0.97% | 0.22% | Rank 64 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Equity ratio | 43.85% | 41.95% | Rank 54 |
| Net debt/EBITDAlower is better | 2.27 | 1.96 | Rank 41 |
| Debt to equitylower is better | 0.75 | 0.67 | Rank 47 |
| Volatility, 1 yearlower is better | 25.25% | 25.82% | Rank 58 |
Ten years in figures
| Year | Revenue, £B | EBIT margin | FCF, £B | Shares | Net debt, £B |
|---|---|---|---|---|---|
| 2016 | 14.1 | 32.9% | 4.0 | 2.26B | 17.3 |
| 2017 | 19.6 | 32.8% | 4.6 | 2.26B | 46.2 |
| 2018 | 24.5 | 38.0% | 9.5 | 2.26B | 44.9 |
| 2019 | 25.9 | 34.8% | 8.2 | 2.26B | 42.8 |
| 2020 | 25.8 | 38.7% | 9.0 | 2.26B | 40.8 |
| 2021 | 25.7 | 39.9% | 9.0 | 2.26B | 36.8 |
| 2022 | 27.7 | 38.1% | 9.7 | 2.26B | 39.7 |
| 2023 | 27.3 | −57.7% | 10.3 | 2.23B | 35.1 |
| 2024 | 25.9 | 10.6% | 9.5 | 2.23B | 31.7 |
| 2025 | 25.6 | 39.0% | 4.4 | 2.20B | 31.9 |
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Detail data
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Selected fundamental metrics for British American Tobacco PLC.
| Metric | Stock | Sector |
|---|---|---|
| P/E ratio | 12.9 | 22.8 |
| P/B ratio | 2.1 | 2.6 |
| Return on equity (ROE) | 16.2% | 12.3% |
| Equity ratio | 43.9% | 42.0% |
| Debt-to-equity (D/E) | 0.75 | 0.67 |
| Dividend yield | 5.3% | 2.6% |
How comparable stocks in the same sector score in the StockScorer model.
| Symbol | Company | Rating |
|---|---|---|
| BATS.L | British American Tobacco PLCthis page | |
| MO | Altria Group | locked |
| 2914.T | Japan Tobacco Inc | locked |
| ITC.NS | ITC Limited | locked |
| PM | Philip Morris International Inc | locked |
| IMB.L | Imperial Brands PLC | locked |
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