WallStSmart

British American Tobacco p.l.c. (BTI)vsPhilip Morris International Inc (PM)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Philip Morris International Inc generates 65% more annual revenue ($42.55B vs $25.78B). PM leads profitability with a 25.6% profit margin vs 25.0%. BTI appears more attractively valued with a PEG of 1.35. BTI earns a higher WallStSmart Score of 60/100 (C).

BTI

Buy

60

out of 100

Grade: C

Growth: 2.7Profit: 8.5Value: 7.3Quality: 5.0
Piotroski: 7/9Altman Z: 1.33

PM

Buy

54

out of 100

Grade: C-

Growth: 4.7Profit: 8.0Value: 4.0Quality: 6.5
Piotroski: 4/9Altman Z: 2.02
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

BTIUndervalued (+27.2%)

Margin of Safety

+27.2%

Fair Value

$75.86

Current Price

$55.83

$20.03 discount

UndervaluedFair: $75.86Overvalued
PMSignificantly Overvalued (-67.5%)

Margin of Safety

-67.5%

Fair Value

$114.04

Current Price

$190.48

$76.44 premium

UndervaluedFair: $114.04Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

BTI5 strengths · Avg: 8.8/10
Operating MarginProfitability
34.9%10/10

Strong operational efficiency at 34.9%

Market CapQuality
$118.95B9/10

Large-cap with strong market position

Profit MarginProfitability
25.0%9/10

Keeps 25 of every $100 in revenue as profit

P/E RatioValuation
13.9x8/10

Attractively priced relative to earnings

Free Cash FlowQuality
$2.47B8/10

Generating 2.5B in free cash flow

PM5 strengths · Avg: 9.4/10
Market CapQuality
$297.79B10/10

Mega-cap, among the largest globally

Operating MarginProfitability
40.0%10/10

Strong operational efficiency at 40.0%

Debt/EquityHealth
-5.7210/10

Conservative balance sheet, low leverage

Profit MarginProfitability
25.6%9/10

Keeps 26 of every $100 in revenue as profit

Free Cash FlowQuality
$5.11B8/10

Generating 5.1B in free cash flow

Areas to Watch

BTI4 concerns · Avg: 3.0/10
Price/BookValuation
9.6x4/10

Trading at 9.6x book value

Revenue GrowthGrowth
1.4%4/10

1.4% revenue growth

EPS GrowthGrowth
-28.6%2/10

Earnings declined 28.6%

Altman Z-ScoreHealth
1.332/10

Distress zone — elevated risk

PM4 concerns · Avg: 3.3/10
PEG RatioValuation
2.284/10

Expensive relative to growth rate

P/E RatioValuation
26.0x4/10

Moderate valuation

Return on EquityProfitability
0.0%3/10

ROE of 0.0% — below average capital efficiency

EPS GrowthGrowth
-7.5%2/10

Earnings declined 7.5%

Comparative Analysis Report

WallStSmart Research

Bull Case : BTI

The strongest argument for BTI centers on Operating Margin, Market Cap, Profit Margin. Profitability is solid with margins at 25.0% and operating margin at 34.9%. PEG of 1.35 suggests the stock is reasonably priced for its growth.

Bull Case : PM

The strongest argument for PM centers on Market Cap, Operating Margin, Debt/Equity. Profitability is solid with margins at 25.6% and operating margin at 40.0%. Revenue growth of 10.4% demonstrates continued momentum.

Bear Case : BTI

The primary concerns for BTI are Price/Book, Revenue Growth, EPS Growth.

Bear Case : PM

The primary concerns for PM are PEG Ratio, P/E Ratio, Return on Equity.

Key Dynamics to Monitor

BTI profiles as a value stock while PM is a mature play — different risk/reward profiles.

PM carries more volatility with a beta of 0.40 — expect wider price swings.

PM is growing revenue faster at 10.4% — sustainability is the question.

PM generates stronger free cash flow (5.1B), providing more financial flexibility.

Bottom Line

BTI scores higher overall (60/100 vs 54/100), backed by strong 25.0% margins. Both earn "Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

British American Tobacco p.l.c.

CONSUMER DEFENSIVE · TOBACCO · USA

British American Tobacco plc offers tobacco and nicotine products to consumers around the world. The company is headquartered in London, the United Kingdom.

Philip Morris International Inc

CONSUMER DEFENSIVE · TOBACCO · USA

Philip Morris International Inc. (PMI) is a Swiss-American multinational cigarette and tobacco manufacturing company, with products sold in over 180 countries. The most recognized and best selling product of the company is Marlboro.

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