Professional
Added to YB: 2024-03-11
Pitch date: 2024-03-09
BTI [bullish]
British American Tobacco p.l.c.
+127.62%
current return
Author Info
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 19.65
Price Target
34.09 (-24%)
Dividend
5.64%
EV/EBITDA
9.29
P/E
12.44
EV/Sales
4.91
Sector
Tobacco
Category
value
British American Tobacco: Left for Dead
BTI: Undervalued global nicotine co. shifting to reduced-risk products (50%+ rev by 2035). Despite cig volume decline, pricing power & new categories drive growth. 6x PE on menthol ban & vape risks, but $31.5B Reynolds write-off masks strong FCF & div yield. ITC stake adds value.
Read full article (13 min)