| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 1/6 |
| Past Performance | 1/6 |
| Financial Health | 3/6 |
| Dividends | 2/6 |
BAT Overview
British American Tobacco (Malaysia) Berhad, together with its subsidiaries, manufactures, imports, and sells cigarettes, pipe tobaccos, cigars, and other tobacco products primarily in Malaysia.
British American Tobacco (Malaysia) Berhad Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | RM14.40 |
| 52 Week High | RM9.90 |
| 52 Week Low | RM16.20 |
| Beta | 0.75 |
| 1 Month Change | 1.98% |
| 3 Month Change | -0.14% |
| 1 Year Change | 44.58% |
| 3 Year Change | -54.49% |
| 5 Year Change | -70.42% |
| Change since IPO | 2.86% |
Recent News & Updates
Shareholder Returns
| BAT | MY Tobacco | MY Market | |
|---|---|---|---|
| 7D | -0.6% | -2.0% | -0.4% |
| 1Y | 44.6% | 10.9% | 9.2% |
Return vs Industry: BAT exceeded the MY Tobacco industry which returned 10.9% over the past year.
Return vs Market: BAT exceeded the MY Market which returned 9.2% over the past year.
Price Volatility
| BAT volatility | |
|---|---|
| BAT Beta | 0.75 |
| Industry Beta | 0.52 |
| Market Beta | 1 |
Stable Share Price: BAT is less volatile than 75% of MY stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: BAT's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1912 | 2,205 | Nadel Salem | https://www.batmalaysia.com |
British American Tobacco (Malaysia) Berhad, together with its subsidiaries, manufactures, imports, and sells cigarettes, pipe tobaccos, cigars, and other tobacco products primarily in Malaysia. It markets its products under the Dunhill, Peter Stuyvesant, Rothmans, KYO, Pall Mall, Kent, and, Benson & Hedges brand names. The company was founded in 1912 and is headquartered in Kuala Lumpur, Malaysia.
British American Tobacco (Malaysia) Berhad Fundamentals Summary
| BAT fundamental statistics | |
|---|---|
| Market Cap | RM4.11b |
| Earnings (TTM) | RM271.19m |
| Revenue (TTM) | RM1.15b |
15.2x
P/E Ratio3.6x
P/S RatioIs BAT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BAT income statement (TTM) | |
|---|---|
| Revenue | RM1.15b |
| Cost of Revenue | RM524.80m |
| Gross Profit | RM626.48m |
| Expenses | RM355.29m |
| Earnings | RM271.19m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.95 |
| Gross Margin | 54.42% |
| Net Profit Margin | 23.56% |
| Debt/Equity Ratio | 178.5% |
How did BAT perform over the long term?
See historical performance and comparisonDividends
5.8%
Current Dividend Yield98%
Payout RatioValuation
Is British American Tobacco (Malaysia) Berhad undervalued compared to its fair value and its price relative to the market?
32.1%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BAT (MYR14.4) is trading below our estimate of fair value (MYR21.21)
Significantly Below Fair Value: BAT is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BAT is good value based on its PE Ratio (15.2x) compared to the Asian Tobacco industry average (16.1x).
PE vs Market: BAT is good value based on its PE Ratio (15.2x) compared to the MY market (16.3x).
Price to Earnings Growth Ratio
PEG Ratio: BAT is poor value based on its PEG Ratio (5.6x)
Price to Book Ratio
PB vs Industry: BAT is overvalued based on its PB Ratio (11x) compared to the XA Tobacco industry average (2.1x).
Future Growth
How is British American Tobacco (Malaysia) Berhad forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
2.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BAT's forecast earnings growth (2.7% per year) is below the savings rate (3.6%).
Earnings vs Market: BAT's earnings (2.7% per year) are forecast to grow slower than the MY market (10.9% per year).
High Growth Earnings: BAT's earnings are forecast to grow, but not significantly.
Revenue vs Market: BAT's revenue (5.1% per year) is forecast to grow slower than the MY market (6.5% per year).
High Growth Revenue: BAT's revenue (5.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BAT's Return on Equity is forecast to be very high in 3 years time (74.6%).
Past Performance
How has British American Tobacco (Malaysia) Berhad performed over the past 5 years?
-22.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BAT has high quality earnings.
Growing Profit Margin: BAT's current net profit margins (23.6%) are lower than last year (30.9%).
Past Earnings Growth Analysis
Earnings Trend: BAT's earnings have declined by 22.2% per year over the past 5 years.
Accelerating Growth: BAT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BAT had negative earnings growth (-5.2%) over the past year, making it difficult to compare to the Tobacco industry average (8.2%).
Return on Equity
High ROE: Whilst BAT's Return on Equity (72.27%) is outstanding, this metric is skewed due to their high level of debt.
Financial Health
How is British American Tobacco (Malaysia) Berhad's financial position?
Financial Position Analysis
Short Term Liabilities: BAT's short term assets (MYR766.3M) do not cover its short term liabilities (MYR840.4M).
Long Term Liabilities: BAT's short term assets (MYR766.3M) exceed its long term liabilities (MYR16.1M).
Debt to Equity History and Analysis
Debt Level: BAT's debt to equity ratio (178.5%) is considered high.
Reducing Debt: BAT's debt to equity ratio has increased from 70.2% to 178.5% over the past 5 years.
Debt Coverage: BAT's debt is well covered by operating cash flow (21.2%).
Interest Coverage: BAT's interest payments on its debt are well covered by EBIT (26.2x coverage).
Balance Sheet
Dividend
What is British American Tobacco (Malaysia) Berhad current dividend yield, its reliability and sustainability?
5.76%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BAT's dividend (5.76%) is higher than the bottom 25% of dividend payers in the MY market (1.5%).
High Dividend: BAT's dividend (5.76%) is in the top 25% of dividend payers in the MY market (4.21%)
Stability and Growth of Payments
Stable Dividend: BAT's dividend payments have been volatile in the past 10 years.
Growing Dividend: BAT's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (97.9%), BAT's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BAT's dividends in 3 years are not forecast to be well covered by earnings (97.1% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.8yrs
Average management tenure
CEO
Nadel Salem (50 yo)
0.083
Tenure
Mr. Nadel Louay Salem has been a Managing Director & Non-Independent Executive Director at British American Tobacco (Malaysia) Berhad since September 01, 2021. He is the Managing Director and CEO of Ceylon...
Leadership Team
Experienced Management: BAT's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
Experienced Board: BAT's board of directors are not considered experienced ( 1.8 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 (Malaysia) Berhad's employee growth, exchange listings and data sources
Key Information
- Name: British American Tobacco (Malaysia) Berhad
- Ticker: BAT
- Exchange: KLSE
- Founded: 1912
- Industry: Tobacco
- Sector: Food, Beverage & Tobacco
- Market Cap: RM4.112b
- Shares outstanding: 285.53m
- Website: https://www.batmalaysia.com
Number of Employees
Location
- British American Tobacco (Malaysia) Berhad
- Guoco Tower
- Level 19
- Kuala Lumpur
- Wilayah Persekutuan
- 50490
- Malaysia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/23 11:03 |
| End of Day Share Price | 2021/10/22 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.