Has the U.S. Tobacco Industry valuation changed over the past few years?

Investors are more pessimistic on the industry, indicating that they anticipate long-term growth rates will be lower than they have historically. The industry is trading at a PE ratio of 8.7x which is lower than its 3-year average PE of 24.0x.

How does U.S. Tobacco compare with similar industries?

There is insufficient data on the sub-industries of this industry.

U.S. Tobacco Industry Analysis

Date	Market Cap	Revenue	Earnings	PE
Sun, 29 May 2022	US$5.7b	US$5.3b	US$374.9m	8.7x
Tue, 26 Apr 2022	US$5.4b	US$5.4b	US$234.3m	10.1x
Thu, 24 Mar 2022	US$5.3b	US$5.5b	US$247.0m	10.1x
Sat, 19 Feb 2022	US$7.2b	US$5.4b	US$139.2m	13.2x
Mon, 17 Jan 2022	US$7.6b	US$5.4b	US$158.6m	14.1x
Wed, 15 Dec 2021	US$7.8b	US$5.4b	US$158.2m	13.1x
Fri, 12 Nov 2021	US$8.7b	US$5.2b	US$114.6m	15.7x
Sun, 10 Oct 2021	US$95.6b	US$26.3b	US$4.6b	19.5x
Tue, 07 Sep 2021	US$106.1b	US$26.3b	US$4.6b	20.6x
Thu, 05 Aug 2021	US$97.7b	US$26.3b	US$4.6b	20.2x
Sun, 09 May 2021	US$109.4b	US$25.4b	US$4.2b	20.4x
Wed, 10 Feb 2021	US$111.3b	US$25.3b	US$4.4b	17.7x
Tue, 03 Nov 2020	US$69.0b	US$24.3b	US$596.1m	69.5x
Fri, 07 Aug 2020	US$78.3b	US$22.7b	-US$865,998,918.00	42.6x
Thu, 30 Apr 2020	US$74.7b	US$22.8b	-US$817,344,068.00	27.8x
Sun, 02 Feb 2020	US$90.2b	US$22.1b	-US$1,230,071,040.00	23.8x
Wed, 06 Nov 2019	US$85.7b	US$22.3b	US$1.8b	15.3x
Sat, 10 Aug 2019	US$90.4b	US$22.2b	US$6.4b	16x


US Market	5.92%
Consumer Staples	6.32%
Tobacco	7.58%
Tobacco	7.58%

Company	Last Price	7D	1Y	Valuation
PM Philip Morris International	US$106.97	5.8% +US$9.0b	10.9%	PS18.4x
MO Altria Group	US$54.43	6.5% +US$6.0b	10.6%	PS32.9x
RLX RLX Technology	US$2.03	8.6% +US$250.5m	-82.1%	PS7.1x
VGR Vector Group	US$12.45	8.3% +US$147.2m	-9.5%	PS12.7x
UVV Universal	US$63.47	6.5% +US$95.5m	13.3%	PS18x

May 12

Philip Morris International in Talks to Buy Swedish Match

Shares in Swedish Match AB (publ) (OM:SWMA) soared 25% in mid-morning trade on May 10, 2022 after Philip Morris International Inc. (NYSE:PM) said it was in talks to buy the Stockholm-based tobacco products company betting on a growing market for alternatives to cigarettes. The two companies in separate statements late on May 9, 2022 confirmed media reports of the talks, saying it was uncertain whether an offer would be made. Shares in Philip Morris, which is looking to expand its smoke-free options amid rising global scrutiny of the sale of traditional cigarettes, closed up 1% on May 9, 2022. “The acquisition of Swedish Match, if confirmed, would be extremely well aligned with PM’s strategic goals and would have a reasonably straightforward route to regulatory approval,” said Alastair Mankin, vice president at brokerage Cowen. “This wouldn’t be the case for Altria and BATS, the two companies with the scale to compete.” Swedish Match generates the bulk of its profit from Swedish-style snuff called “snus” but its relatively new tobacco-free nicotine pouch product Zyn is growing fast in Scandinavia and the United States. “Strategically, we think this makes a lot of sense,” analysts at Jefferies said in a note to clients.” It would give PMI a leading position in European smokeless, while critically, also giving distribution in the U.S. for its own broader RRP (reduced-risk products) roll-out.” The Jefferies analysts said they would not rule out a counter-bid for the Swedish group.

U.S. Tobacco Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

UVV

Full year 2022 earnings released: EPS: US$3.50 (vs US$3.55 in FY 2021)

RLX

Consensus forecasts updated

XXII

22nd Century Group, Inc. announced that it has received funding

MO

Altria Group, Inc. Approves Board Appointments

TPB

Independent Director recently sold US$812k worth of stock

PM

Philip Morris International in Talks to Buy Swedish Match

VGR

Vector Group Ltd., Annual General Meeting, Jun 28, 2022