Professional
Added to YB: 2024-03-11
Pitch date: 2024-03-09
BTI [bullish]
British American Tobacco p.l.c.
+117.73%
current return
Author Info
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 89.5B
Pitch Price
GBP 19.11
Price Target
34.09 (-17%)
Dividend
5.91%
EV/EBITDA
10.46
P/E
14.27
EV/Sales
4.74
Sector
Tobacco
Category
value
British American Tobacco: Left for Dead
BTI: Undervalued global nicotine co. shifting to reduced-risk products (50%+ rev by 2035). Despite cig volume decline, pricing power & new categories drive growth. 6x PE on menthol ban & vape risks, but $31.5B Reynolds write-off masks strong FCF & div yield. ITC stake adds value.
Read full article (13 min)