Professional
Added to YB: 2024-09-11
Pitch date: 2024-08-30
PM [bullish]
Philip Morris International Inc.
+34.48%
current return
Author Info
No bio for this author
Company Info
Philip Morris International Inc. operates as a tobacco company. The company offers cigarettes and smoke-free products, including heat-not-burn, vapor, and oral nicotine products under the IQOS and ZYN brands; and consumer accessories, such as lighters and matches.
Market Cap
$239.2B
Pitch Price
$117.80
Price Target
N/A
Dividend
3.83%
EV/EBITDA
15.08
P/E
27.82
EV/Sales
7.18
Sector
Tobacco
Category
value
Broyhill Asset Management Portfolio Holding: Philip Morris International Inc.
PM: Smoke-free products now 40% of revenue, driving upward guidance revisions. Zyn volume guidance up to 560-580M units for FY24. Stock rallied 26% in Q2-Q3, outperforming S&P/Nasdaq over 3 years. At 14.5x FY25 est., valuation still underestimates smoke-free transition potential.
Read full article (1 min)