Professional
Added to YB: 2023-12-06
Pitch date: 2023-12-06
BTI [neutral]
British American Tobacco p.l.c.
+119.79%
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 89.8B
Pitch Price
GBP 19.28
Price Target
3.9K (+9102%)
Dividend
5.82%
EV/EBITDA
8.56
P/E
29.98
EV/Sales
4.71
Sector
Tobacco
Category
value
British American Tobacco: Impairment Charge Sharpens Focus on New Product Development Strategies
BTI hit by £25B impairment amid US cigarette sales drop & menthol ban risk; 9% stock dip, but £3,900 fair value steady. Focus shift to NGPs targeting £5B by 2025, slow uptake. Strength in brand loyalty, market protection, scale helps maintain 20yr profit, ROIC. Watch for price sensitivity, regulation, NP uncertainty. Morningstar Medium Uncertainty & Standard Capital Allocation with strong diversification, brand investment, careful buybacks.
Read full article (11 min)