| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 1/6 |
| Past Performance | 4/6 |
| Financial Health | 3/6 |
| Dividends | 5/6 |
BATS Stock Overview
British American Tobacco p.l.c. provides tobacco and nicotine products to consumers worldwide.
British American Tobacco Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | UK£34.31 |
| 52 Week High | UK£35.23 |
| 52 Week Low | UK£25.08 |
| Beta | 0.51 |
| 1 Month Change | 3.52% |
| 3 Month Change | 0.63% |
| 1 Year Change | 22.43% |
| 3 Year Change | 14.94% |
| 5 Year Change | -38.64% |
| Change since IPO | 721.68% |
Recent News & Updates
British American Tobacco's (LON:BATS) Upcoming Dividend Will Be Larger Than Last Year's
British American Tobacco p.l.c. ( LON:BATS ) will increase its dividend on the 17th of August to UK£0.54. This takes...
British American Tobacco (LON:BATS) Is Increasing Its Dividend To UK£0.54
British American Tobacco p.l.c. ( LON:BATS ) will increase its dividend on the 17th of August to UK£0.54. This makes...
British American Tobacco (LON:BATS) Has A Pretty Healthy Balance Sheet
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
British American Tobacco's (LON:BATS) Shareholders Will Receive A Bigger Dividend Than Last Year
The board of British American Tobacco p.l.c. ( LON:BATS ) has announced that it will be increasing its dividend on the...
Shareholder Returns
| BATS | GB Tobacco | GB Market | |
|---|---|---|---|
| 7D | 0.04% | 0.8% | -0.4% |
| 1Y | 22.4% | 19.1% | -3.9% |
Return vs Industry: BATS exceeded the UK Tobacco industry which returned 20.5% over the past year.
Return vs Market: BATS exceeded the UK Market which returned -5% over the past year.
Price Volatility
| BATS volatility | |
|---|---|
| BATS Average Weekly Movement | 3.6% |
| Tobacco Industry Average Movement | 4.0% |
| Market Average Movement | 6.2% |
| 10% most volatile stocks in GB Market | 11.6% |
| 10% least volatile stocks in GB Market | 3.2% |
Stable Share Price: BATS is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: BATS's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1902 | 54,365 | Jack Marie Henry Bowles | https://www.bat.com |
British American Tobacco p.l.c. provides tobacco and nicotine products to consumers worldwide. It offers vapour, tobacco heating, and modern oral nicotine products; combustible products; and traditional oral products, such as snus and moist snuff. The company offers its products under the Kent, Dunhill, Lucky Strike, Pall Mall, Rothmans, Camel, Newport, Natural American Spirit, being Vapour, THP, and Modern Oral brands.
British American Tobacco Fundamentals Summary
| BATS fundamental statistics | |
|---|---|
| Market Cap | UK£77.67b |
| Earnings (TTM) | UK£6.79b |
| Revenue (TTM) | UK£25.68b |
11.4x
P/E Ratio3.0x
P/S RatioIs BATS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BATS income statement (TTM) | |
|---|---|
| Revenue | UK£25.68b |
| Cost of Revenue | UK£4.60b |
| Gross Profit | UK£21.09b |
| Other Expenses | UK£14.30b |
| Earnings | UK£6.79b |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
Jul 27, 2022
| Earnings per share (EPS) | 3.00 |
| Gross Margin | 82.10% |
| Net Profit Margin | 26.43% |
| Debt/Equity Ratio | 58.2% |
How did BATS perform over the long term?
See historical performance and comparisonDividends
6.3%
Current Dividend Yield73%
Payout RatioDoes BATS pay a reliable dividends?
See BATS dividend history and benchmarks| British American Tobacco dividend dates | |
|---|---|
| Ex Dividend Date | Jul 07 2022 |
| Dividend Pay Date | Aug 17 2022 |
| Days until Ex dividend | 46 days |
| Days until Dividend pay date | 87 days |
Does BATS pay a reliable dividends?
See BATS dividend history and benchmarksValuation
Is British American Tobacco undervalued compared to its fair value and its price relative to the market?
Valuation Score
4/6Valuation Score 4/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BATS (£34.31) is trading below our estimate of fair value (£113.12)
Significantly Below Fair Value: BATS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BATS is poor value based on its PE Ratio (11.4x) compared to the European Tobacco industry average (10.7x).
PE vs Market: BATS is good value based on its PE Ratio (11.4x) compared to the UK market (15.3x).
Price to Earnings Growth Ratio
PEG Ratio: BATS is poor value based on its PEG Ratio (1.7x)
Price to Book Ratio
PB vs Industry: BATS is good value based on its PB Ratio (1.2x) compared to the XE Tobacco industry average (1.5x).
Future Growth
How is British American Tobacco forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
Future Growth Score
1/6Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
6.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BATS's forecast earnings growth (6.7% per year) is above the savings rate (0.9%).
Earnings vs Market: BATS's earnings (6.7% per year) are forecast to grow slower than the UK market (11.3% per year).
High Growth Earnings: BATS's earnings are forecast to grow, but not significantly.
Revenue vs Market: BATS's revenue (3.5% per year) is forecast to grow slower than the UK market (4.2% per year).
High Growth Revenue: BATS's revenue (3.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BATS's Return on Equity is forecast to be low in 3 years time (13.5%).
Past Performance
How has British American Tobacco performed over the past 5 years?
Past Performance Score
4/6Past Performance Score 4/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-24.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BATS has high quality earnings.
Growing Profit Margin: BATS's current net profit margins (26.4%) are higher than last year (24.8%).
Past Earnings Growth Analysis
Earnings Trend: BATS's earnings have declined by 24.6% per year over the past 5 years.
Accelerating Growth: BATS's earnings growth over the past year (6.1%) exceeds its 5-year average (-24.6% per year).
Earnings vs Industry: BATS earnings growth over the past year (6.1%) exceeded the Tobacco industry 2.9%.
Return on Equity
High ROE: BATS's Return on Equity (10.3%) is considered low.
Financial Health
How is British American Tobacco's financial position?
Financial Health Score
3/6Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: BATS's short term assets (£12.8B) do not cover its short term liabilities (£15.1B).
Long Term Liabilities: BATS's short term assets (£12.8B) do not cover its long term liabilities (£54.8B).
Debt to Equity History and Analysis
Debt Level: BATS's net debt to equity ratio (53.3%) is considered high.
Reducing Debt: BATS's debt to equity ratio has reduced from 231.9% to 58.2% over the past 5 years.
Debt Coverage: BATS's debt is well covered by operating cash flow (24.8%).
Interest Coverage: BATS's interest payments on its debt are well covered by EBIT (7.5x coverage).
Balance Sheet
Dividend
What is British American Tobacco current dividend yield, its reliability and sustainability?
Dividend Score
5/6Dividend Score 5/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
6.35%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: BATS's dividend (6.35%) is higher than the bottom 25% of dividend payers in the UK market (1.83%).
High Dividend: BATS's dividend (6.35%) is in the top 25% of dividend payers in the UK market (4.91%)
Stability and Growth of Payments
Stable Dividend: BATS's dividend payments have been volatile in the past 10 years.
Growing Dividend: BATS's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (72.6%), BATS's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (55%), BATS's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
5.3yrs
Average management tenure
CEO
Jack Marie Henry Bowles (57 yo)
12.58yrs
Tenure
UK£7,471,000
Compensation
Mr. Jack Marie Henry David Bowles has been Chief Operating Officer for International Business (Excluding US) at British American Tobacco Plc since October 1, 2017 and has been its Member of the Management...
CEO Compensation Analysis
Compensation vs Market: Jack Marie Henry's total compensation ($USD9.31M) is above average for companies of similar size in the UK market ($USD5.33M).
Compensation vs Earnings: Jack Marie Henry's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: BATS's management team is seasoned and experienced (5.3 years average tenure).
Board Members
Experienced Board: BATS's board of directors are considered experienced (4.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BATS insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
British American Tobacco p.l.c.'s employee growth, exchange listings and data sources
Key Information
- Name: British American Tobacco p.l.c.
- Ticker: BATS
- Exchange: LSE
- Founded: 1902
- Industry: Tobacco
- Sector: Food, Beverage & Tobacco
- Implied Market Cap: UK£77.668b
- Shares outstanding: 2.26b
- Website: https://www.bat.com
Number of Employees
Location
- British American Tobacco p.l.c.
- Globe House
- 4 Temple Place
- London
- Greater London
- WC2R 2PG
- United Kingdom
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/05/20 00:00 |
| End of Day Share Price | 2022/05/20 00:00 |
| Earnings | 2021/12/31 |
| Annual Earnings | 2021/12/31 |
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.