Professional
Added to YB: 2026-01-14
Pitch date: 2026-01-09
BATS.L [neutral]
British American Tobacco p.l.c.
+2.54%
current return
Author Info
No bio for this author
Company Info
British American Tobacco p.l.c. provides tobacco and nicotine products to consumers in the Americas, Europe, the Asia-Pacific, the Middle East, Africa, and the United States.
Market Cap
GBP 89.5B
Pitch Price
GBP 41.01
Price Target
N/A
Dividend
5.83%
EV/EBITDA
8.54
P/E
29.92
EV/Sales
4.70
Sector
Tobacco
Category
N/A
Castlebay Investments Portfolio Holding: British American Tobacco p.l.c.
BATS.L (holding update): BAT's cornered resource stems from brands, regulation & distribution in tightly controlled tobacco market. Regulatory barriers, licensing & ad restrictions block new entrants while incumbents retain pricing/innovation rights. Brand equity becomes scarce economic asset, share defended by structural exclusion not spend, supporting cash generation beyond volume peak.
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