Professional
Added to YB: 2023-12-06
Pitch date: 2023-12-06
BTI [neutral]
British American Tobacco p.l.c.
+135.33%
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 19.01
Price Target
3.9K (+8619%)
Dividend
5.64%
EV/EBITDA
9.29
P/E
12.44
EV/Sales
4.91
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)