Professional
Added to YB: 2026-01-14
Pitch date: 2026-01-09
BATS.L [neutral]
British American Tobacco p.l.c.
+12.87%
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 United States, Europe, Latin America, Canada, the Asia-Pacific, the Middle East, Central Asia, Caucasus, and Africa.
Market Cap
GBP 94.2B
Pitch Price
GBP 41.01
Price Target
N/A
Dividend
5.64%
EV/EBITDA
9.29
P/E
12.44
EV/Sales
4.91
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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