Added to YB: 2025-08-01
Pitch date: 2025-07-31
BTI [bullish]
British American Tobacco p.l.c.
+13.26%
current return
Author Info
No bio for this author
Company Info
British American Tobacco p.l.c. provides tobacco and nicotine products to consumers in the United States, Europe, Latin America, Canada, the Asia-Pacific, the Middle East, Central Asia, Caucasus, and Africa.
Market Cap
GBP 94.2B
Pitch Price
GBP 39.49
Price Target
N/A
Dividend
5.64%
EV/EBITDA
9.29
P/E
12.44
EV/Sales
4.91
Sector
Tobacco
Category
growth
Bullish on BTI: How Velo Pouches Are Igniting British American Tobacco’s Growth
BTI: Trading at 15-16x P/E vs Philip Morris ~20x. Upgraded 2025 revenue growth to 1-2%. Velo nicotine pouches growing 47% to £800M revenue (3% of total), volumes +55%. Velo Plus captured 5.4% US Modern Oral share in 12 weeks. New Categories profitable at 7% margin. Could add £500M+ revenue by FY26 with 25% EBITDA margin.
Read full article (2 min)