Imperial Brands Valuation
Is IMB undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
5/6Valuation Score 5/6
Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast
Share Price vs Fair Value
What is the Fair Price of IMB when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: IMB (CHF23.2) is trading below our estimate of fair value (CHF69.59)
Significantly Below Fair Value: IMB is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for IMB?
Other financial metrics that can be useful for relative valuation.
What is IMB's n/a Ratio? | |
---|---|
n/a | 0x |
n/a | n/a |
Market Cap | UK£18.34b |
Key Statistics | |
---|---|
Enterprise Value/Revenue | 1.6x |
Enterprise Value/EBITDA | 7.9x |
PEG Ratio | 16x |
Price to Earnings Ratio vs Peers
How does IMB's PE Ratio compare to its peers?
Company | Forward PE | Estimated Growth | Market Cap |
---|---|---|---|
Peer Average | 27.3x | ||
LISN Chocoladefabriken Lindt & Sprüngli | 37.4x | 6.4% | CHF 25.8b |
BARN Barry Callebaut | 26.3x | 25.0% | CHF 7.5b |
EMMN Emmi | 24.5x | 15.3% | CHF 4.7b |
NESN Nestlé | 20.9x | 6.5% | CHF 234.0b |
IMB Imperial Brands | 8.8x | 0.6% | CHF 18.3b |
Price-To-Earnings vs Peers: IMB is good value based on its Price-To-Earnings Ratio (8.8x) compared to the peer average (27.3x).
Price to Earnings Ratio vs Industry
How does IMB's PE Ratio compare vs other companies in the Global Tobacco Industry?
Price-To-Earnings vs Industry: IMB is good value based on its Price-To-Earnings Ratio (8.8x) compared to the Global Tobacco industry average (11.4x).
Price to Earnings Ratio vs Fair Ratio
What is IMB's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
Fair Ratio | |
---|---|
Current PE Ratio | 8.8x |
Fair PE Ratio | 18x |
Price-To-Earnings vs Fair Ratio: IMB is good value based on its Price-To-Earnings Ratio (8.8x) compared to the estimated Fair Price-To-Earnings Ratio (18x).
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
---|---|---|---|---|---|---|---|
Current | CHF 23.20 | CHF 26.55 +14.4% | 19.4% | CHF 41.35 | CHF 21.25 | n/a | 12 |
Aug ’25 | CHF 23.20 | CHF 26.55 +14.4% | 19.4% | CHF 41.35 | CHF 21.25 | n/a | 12 |
Jul ’25 | CHF 23.20 | CHF 26.39 +13.7% | 19.4% | CHF 41.10 | CHF 21.12 | n/a | 12 |
Jun ’25 | CHF 23.20 | CHF 27.31 +17.7% | 20.2% | CHF 41.69 | CHF 21.42 | n/a | 12 |
May ’25 | CHF 23.20 | CHF 25.66 +10.6% | 22.6% | CHF 40.54 | CHF 19.26 | n/a | 12 |
Apr ’25 | CHF 23.20 | CHF 25.91 +11.7% | 21.5% | CHF 40.68 | CHF 20.34 | n/a | 12 |
Mar ’25 | CHF 23.20 | CHF 25.13 +8.3% | 20.7% | CHF 39.51 | CHF 19.76 | n/a | 13 |
Feb ’25 | CHF 23.20 | CHF 25.13 +8.3% | 20.7% | CHF 39.51 | CHF 19.76 | n/a | 13 |
Jan ’25 | CHF 23.20 | CHF 24.78 +6.8% | 20.3% | CHF 38.03 | CHF 17.93 | n/a | 15 |
Dec ’24 | CHF 23.20 | CHF 25.64 +10.5% | 19.4% | CHF 38.92 | CHF 18.35 | n/a | 15 |
Nov ’24 | CHF 23.20 | CHF 25.31 +9.1% | 19.3% | CHF 38.20 | CHF 18.01 | n/a | 15 |
Oct ’24 | CHF 23.20 | CHF 26.06 +12.3% | 18.0% | CHF 38.95 | CHF 18.70 | n/a | 15 |
Sep ’24 | CHF 23.20 | CHF 26.56 +14.5% | 17.3% | CHF 39.15 | CHF 18.79 | CHF 23.20 | 16 |
Aug ’24 | CHF 23.20 | CHF 26.56 +14.5% | 17.3% | CHF 39.15 | CHF 18.79 | CHF 23.20 | 16 |
Jul ’24 | CHF 23.20 | CHF 26.98 +16.3% | 17.2% | CHF 39.72 | CHF 19.07 | CHF 23.20 | 16 |
Jun ’24 | CHF 23.20 | CHF 27.60 +19.0% | 14.4% | CHF 39.65 | CHF 22.58 | CHF 23.20 | 17 |
May ’24 | CHF 23.20 | CHF 27.15 +17.0% | 14.1% | CHF 38.86 | CHF 22.13 | CHF 23.20 | 17 |
Apr ’24 | CHF 23.20 | CHF 27.40 +18.1% | 14.1% | CHF 39.33 | CHF 22.40 | CHF 23.20 | 17 |
Mar ’24 | CHF 23.20 | CHF 27.40 +18.1% | 14.1% | CHF 39.33 | CHF 22.40 | CHF 23.20 | 17 |
Feb ’24 | CHF 23.20 | CHF 27.43 +18.2% | 14.1% | CHF 39.36 | CHF 22.57 | CHF 23.20 | 17 |
Jan ’24 | CHF 23.20 | CHF 27.89 +20.2% | 12.7% | CHF 37.90 | CHF 23.06 | CHF 23.20 | 17 |
Dec ’23 | CHF 23.20 | CHF 27.91 +20.3% | 12.8% | CHF 37.86 | CHF 23.04 | CHF 23.20 | 17 |
Nov ’23 | CHF 23.20 | CHF 26.54 +14.4% | 15.1% | CHF 36.43 | CHF 18.37 | CHF 23.20 | 18 |
Oct ’23 | CHF 23.20 | CHF 24.79 +6.9% | 15.8% | CHF 34.23 | CHF 17.26 | CHF 23.20 | 17 |
Sep ’23 | CHF 23.20 | CHF 26.08 +12.4% | 16.2% | CHF 36.51 | CHF 18.41 | CHF 23.20 | 17 |
Analyst Forecast: Target price is less than 20% higher than the current share price.