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BATB

British American Tobacco BangladeshDSE:BATBC Stock Report

Market Cap

৳352.0b

7D

-0.7%

1Y

74.4%

Updated

23 Sep, 2021

Data

Company Financials +
BATBC fundamental analysis
Snowflake Score
Valuation1/6
Future Growth2/6
Past Performance6/6
Financial Health6/6
Dividends4/6

BATBC Overview

British American Tobacco Bangladesh Company Limited manufactures and sells cigarettes in Bangladesh.

British American Tobacco Bangladesh Competitors

Imperial Brands

LSE:IMB

UK£14.5b

Scandinavian Tobacco Group

CPSE:STG

kr.12.8b

Price History & Performance

Summary of all time highs, changes and price drops for British American Tobacco Bangladesh
Historical stock prices
Current Share Price৳651.80
52 Week High৳340.00
52 Week Low৳675.00
Beta0.29
1 Month Change14.73%
3 Month Change20.88%
1 Year Change74.43%
3 Year Change73.04%
5 Year Change132.87%
Change since IPO5,766.21%

Recent News & Updates

Shareholder Returns

BATBCBD TobaccoBD Market
7D-0.7%2.9%0.3%
1Y74.4%6.8%44.9%

Return vs Industry: BATBC exceeded the BD Tobacco industry which returned 6.8% over the past year.

Return vs Market: BATBC exceeded the BD Market which returned 44.9% over the past year.

Price Volatility

Is BATBC's price volatile compared to industry and market?
BATBC volatility
BATBC Beta0.29
Industry Beta0.55
Market Beta1

Stable Share Price: BATBC is less volatile than 75% of BD stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: BATBC's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19101,445Shehzad Munimhttps://www.batbangladesh.com

British American Tobacco Bangladesh Company Limited manufactures and sells cigarettes in Bangladesh. The company markets its products under the Benson & Hedges, John Player Gold Leaf, Capstan, Star, Royals, Derby, Pilot, and Hollywood brands. It also exports its tobacco leaves internationally.

British American Tobacco Bangladesh Fundamentals Summary

How do British American Tobacco Bangladesh's earnings and revenue compare to its market cap?
BATBC fundamental statistics
Market Cap৳351.97b
Earnings (TTM)৳13.50b
Revenue (TTM)৳68.00b

26.1x

P/E Ratio

5.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BATBC income statement (TTM)
Revenue৳68.00b
Cost of Revenue৳32.93b
Gross Profit৳35.06b
Expenses৳21.56b
Earnings৳13.50b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)25.01
Gross Margin51.56%
Net Profit Margin19.86%
Debt/Equity Ratio13.4%

How did BATBC perform over the long term?

See historical performance and comparison

Dividends

2.0%

Current Dividend Yield

53%

Payout Ratio

Valuation

Is British American Tobacco Bangladesh undervalued compared to its fair value and its price relative to the market?

26.07x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: BATBC (BDT651.8) is trading above our estimate of fair value (BDT439.55)

Significantly Below Fair Value: BATBC is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: BATBC is poor value based on its PE Ratio (26.1x) compared to the Asian Tobacco industry average (14.5x).

PE vs Market: BATBC is good value based on its PE Ratio (26.1x) compared to the BD market (26.4x).


Price to Earnings Growth Ratio

PEG Ratio: BATBC is poor value based on its PEG Ratio (2.6x)


Price to Book Ratio

PB vs Industry: BATBC is overvalued based on its PB Ratio (9.5x) compared to the XA Tobacco industry average (2x).


Future Growth

How is British American Tobacco Bangladesh forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

10.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BATBC's forecast earnings growth (10.2% per year) is above the savings rate (3.6%).

Earnings vs Market: BATBC's earnings (10.2% per year) are forecast to grow slower than the BD market (13% per year).

High Growth Earnings: BATBC's earnings are forecast to grow, but not significantly.

Revenue vs Market: BATBC's revenue (8.4% per year) is forecast to grow slower than the BD market (9.9% per year).

High Growth Revenue: BATBC's revenue (8.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BATBC's Return on Equity is forecast to be high in 3 years time (39.7%)


Past Performance

How has British American Tobacco Bangladesh performed over the past 5 years?

10.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BATBC has high quality earnings.

Growing Profit Margin: BATBC's current net profit margins (19.9%) are higher than last year (18.4%).


Past Earnings Growth Analysis

Earnings Trend: BATBC's earnings have grown by 10.9% per year over the past 5 years.

Accelerating Growth: BATBC's earnings growth over the past year (18%) exceeds its 5-year average (10.9% per year).

Earnings vs Industry: BATBC earnings growth over the past year (18%) exceeded the Tobacco industry 8.2%.


Return on Equity

High ROE: BATBC's Return on Equity (36.3%) is considered high.


Financial Health

How is British American Tobacco Bangladesh's financial position?


Financial Position Analysis

Short Term Liabilities: BATBC's short term assets (BDT43.2B) exceed its short term liabilities (BDT30.6B).

Long Term Liabilities: BATBC's short term assets (BDT43.2B) exceed its long term liabilities (BDT6.8B).


Debt to Equity History and Analysis

Debt Level: BATBC's debt to equity ratio (13.4%) is considered satisfactory.

Reducing Debt: BATBC's debt to equity ratio has reduced from 25.4% to 13.4% over the past 5 years.

Debt Coverage: BATBC's debt is well covered by operating cash flow (229.4%).

Interest Coverage: BATBC's interest payments on its debt are well covered by EBIT (211.7x coverage).


Balance Sheet


Dividend

What is British American Tobacco Bangladesh current dividend yield, its reliability and sustainability?

2.05%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BATBC's dividend (2.05%) is higher than the bottom 25% of dividend payers in the BD market (0.83%).

High Dividend: BATBC's dividend (2.05%) is low compared to the top 25% of dividend payers in the BD market (2.45%).


Stability and Growth of Payments

Stable Dividend: BATBC's dividend payments have been volatile in the past 10 years.

Growing Dividend: BATBC's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (53.3%), BATBC's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: BATBC's dividends in 3 years are forecast to be covered by earnings (80.5% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.3yrs

Average management tenure


CEO

Shehzad Munim

7.92yrs

Tenure

Mr. Shehzad Munim has been the Managing Director of British American Tobacco Bangladesh Co., Ltd since October 01, 2013. Mr. Munim served as Territory Officer at BAT Bangladesh since 1997. Mr. Munim served...


Leadership Team

Experienced Management: BATBC's management team is considered experienced (2.3 years average tenure).


Board Members

Experienced Board: BATBC's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

British American Tobacco Bangladesh Company Limited's employee growth, exchange listings and data sources


Key Information

  • Name: British American Tobacco Bangladesh Company Limited
  • Ticker: BATBC
  • Exchange: DSE
  • Founded: 1910
  • Industry: Tobacco
  • Sector: Food, Beverage & Tobacco
  • Market Cap: ৳351.972b
  • Shares outstanding: 540.00m
  • Website: https://www.batbangladesh.com

Number of Employees


Location

  • British American Tobacco Bangladesh Company Limited
  • New DOHS Road
  • Mohakhali
  • Dhaka
  • 1206
  • Bangladesh

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/23 15:58
End of Day Share Price2021/09/23 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.