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Imperial Brands PLCLSE:IMB Stock Report

Market Cap UK£25.6b
Share Price
UK£32.24
My Fair Value
n/a
1Y27.3%
7D2.3%
Portfolio Value
​
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Imperial Brands PLC

LSE:IMB Stock Report

Market Cap: UK£25.6b

Imperial Brands (IMB) Stock Overview

Manufactures, imports, markets, and sells tobacco and tobacco-related products in Europe, the Americas, Africa, the Asia, Australasia, and internationally. More details

IMB fundamental analysis
Snowflake Score
Valuation5/6
Future Growth2/6
Past Performance2/6
Financial Health3/6
Dividends4/6

Rewards

Trading at 38.2% below our estimate of its fair value

Earnings are forecast to grow 3.97% per year

Trading at good value compared to peers and industry

Risk Analysis

Unstable dividend track record

Has a high level of debt


IMB Community Fair Values

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See what 101 others think this stock is worth. Follow their fair value or set your own to get alerts.

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Imperial Brands

Analysts Boost Imperial Brands Target on Strong Margins and Share Buyback Program

Key Takeaways Strategic focus and strong pricing in key markets enhance revenue growth and margins through brand and sales execution. Growth in NGP and share buybacks boost earnings, supporting long-term shareholder value and financial confidence.
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UK£33.19
FV
2.9% undervalued intrinsic discount
-18.00%
Revenue growth p.a.
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58users have followed this narrative
IMB logo
Imperial Brands

Emerging Urbanization And Next-Generation Tobacco Options Will Reshape The Industry

Key Takeaways Premium brand focus, resilient portfolio, and geographic expansion position Imperial to outperform peers in both revenue growth and market share, even in challenging environments. Enhanced capital efficiency through ongoing buybacks, dividends, and leverage reduction is expected to drive higher shareholder returns and possible valuation gains.
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UK£39
FV
17.3% undervalued intrinsic discount
-22.19%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
3users have followed this narrative
IMB logo
Imperial Brands

Rising Regulation And Illicit Trade Will Erode Tobacco Revenues

Key Takeaways Long-term decline in tobacco and regulatory pressures will steadily erode core revenues and compress margins, particularly in mature markets. Heavy reliance on pricing power and insufficient innovation in next-generation products threaten future growth and risk falling behind more adaptive competitors.
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UK£24.34
FV
32.4% overvalued intrinsic discount
-24.02%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
2users have followed this narrative
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Imperial Brands PLC Competitors

Price History & Performance

Summary of share price highs, lows and changes for Imperial Brands
Historical stock prices
Current Share PriceUK£32.24
52 Week HighUK£32.75
52 Week LowUK£25.15
Beta0.20
1 Month Change6.72%
3 Month Change3.23%
1 Year Change27.33%
3 Year Change51.65%
5 Year Change128.17%
Change since IPO698.02%

Recent News & Updates

If EPS Growth Is Important To You, Imperial Brands (LON:IMB) Presents An Opportunity

Oct 24
If EPS Growth Is Important To You, Imperial Brands (LON:IMB) Presents An Opportunity

Recent updates

If EPS Growth Is Important To You, Imperial Brands (LON:IMB) Presents An Opportunity

Oct 24
If EPS Growth Is Important To You, Imperial Brands (LON:IMB) Presents An Opportunity

Lacklustre Performance Is Driving Imperial Brands PLC's (LON:IMB) Low P/E

Oct 05
Lacklustre Performance Is Driving Imperial Brands PLC's (LON:IMB) Low P/E

Investors Shouldn't Overlook Imperial Brands' (LON:IMB) Impressive Returns On Capital

Sep 17
Investors Shouldn't Overlook Imperial Brands' (LON:IMB) Impressive Returns On Capital

Is Imperial Brands PLC (LON:IMB) Trading At A 44% Discount?

Jul 18
Is Imperial Brands PLC (LON:IMB) Trading At A 44% Discount?

Imperial Brands (LON:IMB) Seems To Use Debt Quite Sensibly

Jul 03
Imperial Brands (LON:IMB) Seems To Use Debt Quite Sensibly

Why Investors Shouldn't Be Surprised By Imperial Brands PLC's (LON:IMB) Low P/E

Jun 18
Why Investors Shouldn't Be Surprised By Imperial Brands PLC's (LON:IMB) Low P/E

Does Imperial Brands (LON:IMB) Deserve A Spot On Your Watchlist?

May 09
Does Imperial Brands (LON:IMB) Deserve A Spot On Your Watchlist?

Imperial Brands (LON:IMB) Will Pay A Dividend Of £0.4008

Apr 04
Imperial Brands (LON:IMB) Will Pay A Dividend Of £0.4008

These 4 Measures Indicate That Imperial Brands (LON:IMB) Is Using Debt Reasonably Well

Mar 26
These 4 Measures Indicate That Imperial Brands (LON:IMB) Is Using Debt Reasonably Well

Imperial Brands (LON:IMB) Has Announced A Dividend Of £0.5426

Feb 03
Imperial Brands (LON:IMB) Has Announced A Dividend Of £0.5426

Increases to CEO Compensation Might Be Put On Hold For Now at Imperial Brands PLC (LON:IMB)

Jan 22
Increases to CEO Compensation Might Be Put On Hold For Now at Imperial Brands PLC (LON:IMB)

Why Investors Shouldn't Be Surprised By Imperial Brands PLC's (LON:IMB) Low P/E

Jan 17
Why Investors Shouldn't Be Surprised By Imperial Brands PLC's (LON:IMB) Low P/E

Imperial Brands (LON:IMB) Will Pay A Dividend Of £0.5426

Jan 02
Imperial Brands (LON:IMB) Will Pay A Dividend Of £0.5426
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Calculated Moves In NGP And Buybacks Propel Expanding Profit Margins And Shareholder Value

Strategic focus and strong pricing in key markets enhance revenue growth and margins through brand and sales execution.

Shareholder Returns

IMBGB TobaccoGB Market
7D2.3%3.3%-1.7%
1Y27.3%37.4%14.3%

Return vs Industry: IMB underperformed the UK Tobacco industry which returned 37.4% over the past year.

Return vs Market: IMB exceeded the UK Market which returned 14.3% over the past year.

Price Volatility

Is IMB's price volatile compared to industry and market?
IMB volatility
IMB Average Weekly Movement2.4%
Tobacco Industry Average Movement2.4%
Market Average Movement4.9%
10% most volatile stocks in GB Market10.5%
10% least volatile stocks in GB Market2.6%

Stable Share Price: IMB has not had significant price volatility in the past 3 months compared to the UK market.

Volatility Over Time: IMB's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
163625,100Lukas Paraviciniwww.imperialbrandsplc.com

Imperial Brands PLC, together with its subsidiaries, manufactures, imports, markets, and sells tobacco and tobacco-related products in Europe, the Americas, Africa, the Asia, Australasia, and internationally. It offers a range of cigarettes, tobacco accessories, vapour, heated tobacco, and oral nicotine. The company sells its products under various brands, including JPS, Davidoff, Gauloises, West, Winston, Kool, Lambert & Butler, P&S, Fortuna, Nobel, News, Backwoods, Champion, Golden Virginia, FINE, Rizla, Blu, Pulze, Skruf, and Zone.

Imperial Brands PLC Fundamentals Summary

How do Imperial Brands's earnings and revenue compare to its market cap?
IMB fundamental statistics
Market capUK£25.57b
Earnings (TTM)UK£2.07b
Revenue (TTM)UK£18.98b
12.3x
P/E Ratio
1.3x
P/S Ratio

Is IMB overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IMB income statement (TTM)
RevenueUK£18.98b
Cost of RevenueUK£11.98b
Gross ProfitUK£7.00b
Other ExpensesUK£4.93b
EarningsUK£2.07b

Last Reported Earnings

Sep 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)2.61
Gross Margin36.88%
Net Profit Margin10.91%
Debt/Equity Ratio181.6%

How did IMB perform over the long term?

See historical performance and comparison

Dividends

5.0%
Current Dividend Yield
64%
Payout Ratio

Does IMB pay a reliable dividends?

See IMB dividend history and benchmarks
When do you need to buy IMB by to receive an upcoming dividend?
Imperial Brands dividend dates
Ex Dividend DateNov 27 2025
Dividend Pay DateDec 31 2025
Days until Ex dividend4 days
Days until Dividend pay date38 days

Does IMB pay a reliable dividends?

See IMB dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/22 06:18
End of Day Share Price 2025/11/21 00:00
Earnings2025/09/30
Annual Earnings2025/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Imperial Brands PLC is covered by 27 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Simon HalesBarclays
Gaurav JainBarclays
David HayesBarclays