US · BTI
British American Tobacco p.l.c.
- Sector
- Consumer Defensive · Tobacco
- Headquarters
- London WC2R 2PG
- Website
- bat.com
Price · as of 2025-12-31
$58.71
Market cap 135.9B
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $91.80 | +56.36% |
| Intrinsic Value(DCF) | $32.79 | -44.15% |
| Graham-Dodd Method(GD) | — | — |
| Graham Formula(GF) | $34.10 | -41.92% |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2011 | $21.46 | $41.50 | $17.23 | $0.00 | $20.90 |
| 2012 | $23.86 | $45.56 | $11.49 | $0.00 | $15.50 |
| 2013 | $25.79 | $48.27 | $9.61 | $0.00 | $19.80 |
| 2014 | $26.22 | $45.43 | $4.80 | $0.00 | $0.20 |
| 2015 | $29.70 | $48.49 | $3.69 | $0.00 | $0.00 |
| 2016 | $33.03 | $53.02 | $12.06 | $0.00 | $56.30 |
| 2017 | $32.51 | $104.15 | $25.09 | $90.60 | $1,001.00 |
| 2018 | $23.40 | $64.86 | $2.22 | $0.00 | $115.60 |
| 2019 | $25.68 | $57.89 | $3.34 | $0.00 | $45.70 |
| 2020 | $25.37 | $58.73 | $9.32 | $0.00 | $29.50 |
| 2021 | $29.20 | $59.92 | $10.07 | $0.00 | $31.30 |
| 2022 | $29.70 | $63.84 | $11.91 | $0.00 | $61.00 |
| 2023 | $25.51 | $67.65 | $0.00 | $0.00 | $0.00 |
| 2024 | $38.45 | $51.57 | $9.61 | $0.00 | $5.90 |
| 2025 | $62.12 | $68.53 | $12.42 | $0.00 | $34.10 |
AI valuation
Our deep-learning model estimates British American Tobacco p.l.c.'s (BTI) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $91.80
- Current price
- $58.71
- AI upside
- +56.36%
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$32.79
-44.15% upside
Graham-Dodd
—
— upside
Graham Formula
$34.10
-41.92% upside
Peer comparison
Same-industry comparables, ranked by market cap.
| Basic Info | Model Valuation | Core Valuation | Profitability | Leverage & Liquidity | Growth | Cash Flow | Dividends | Enterprise Value | Risk | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | Company Name | Price | Market Cap | AI Upside | DCF Upside | GD Upside | GF Upside | P/E | P/B | P/S | EV/EBITDA | PEG | P/TBV | Gross Margin | Operating Margin | Net Margin | ROE | ROIC | ROA | Debt/Equity | Interest Coverage | Current Ratio | Quick Ratio | Net Debt/EBITDA | EPS Growth | Sales Growth | FCF Growth | FCF Yield | Op Cash Flow Ratio | Cash ROIC | Dividend Yield | Dividend Payout | Shareholder Yield | EV/EBIT | EV/FCF | EV/Sales | Altman Z-Score |
| BTI | British American Tobacco … | $58.71 | 135.9B | +17% | -44% | — | -42% | 13.06 | 2.12 | 3.96 | 11.28 | 8.34 | -2.60 | 83.50% | 39.04% | 30.32% | 15.92% | 9.85% | 6.81% | 0.73 | 5.50 | 0.87 | 0.53 | 2.66 | 15662.00% | -99.00% | -3915.00% | 5.71% | 0.44 | 7.24% | 5.05% | 66.00% | 6.59% | 13.27 | 22.90 | 5.18 | 1.86 |
| BUD | Anheuser-Busch InBev SA/N… | $80.95 | 157.27B | +43% | -46% | — | -67% | 22.77 | 1.79 | 2.62 | 10.46 | 108.54 | -2.15 | 55.93% | 25.36% | 11.53% | 8.29% | 7.86% | 3.22% | 0.84 | 4.44 | 0.72 | 0.55 | 2.96 | 2098.00% | -44.00% | 80.00% | 7.21% | 0.43 | 7.84% | 2.92% | 66.40% | 4.40% | 14.39 | 19.29 | 3.65 | 1.54 |
| CL | Colgate-Palmolive Company | $99.14 | 79.91B | -17% | -55% | — | -75% | 36.91 | 1457.16 | 3.86 | 21.58 | — | -17.09 | 60.11% | 21.33% | 10.46% | 1603.01% | 45.19% | 13.17% | 147.93 | 16.28 | 1.00 | 0.52 | 1.69 | -2507.00% | 140.00% | 248.00% | 4.62% | 0.73 | 51.10% | 2.32% | 85.50% | 4.76% | 19.64 | 23.50 | 4.19 | 5.08 |
| MDLZ | Mondelez International, I… | $61.58 | 79.46B | -22% | -51% | — | -58% | 31.72 | 3.03 | 2.03 | 21.16 | — | -4.31 | 28.01% | 9.39% | 6.36% | 9.35% | 6.10% | 3.52% | 0.87 | 12.84 | 0.59 | 0.32 | 4.36 | -4474.00% | 575.00% | -817.00% | 4.14% | 0.21 | 7.18% | 3.18% | 100.90% | 6.23% | 27.21 | 30.44 | 2.56 | 2.30 |
| MNST | Monster Beverage Corporat… | $85.30 | 83.34B | -24% | -30% | -80% | -59% | — | 9.66 | 9.61 | 31.00 | — | 14.38 | 55.85% | 29.17% | 22.97% | 0.00% | 36.10% | 0.00% | 0.00 | — | 3.70 | 3.03 | -0.84 | 2953.00% | 1070.00% | 2119.00% | 2.47% | 1.45 | 38.22% | 0.00% | — | 1.29% | 31.81 | 39.15 | 9.28 | 30.98 |
| MO | Altria Group, Inc. | $69.04 | 115.9B | 0% | -60% | — | -59% | 16.63 | -32.89 | 5.72 | 12.59 | — | -5.44 | 86.59% | 74.80% | 34.50% | -241.36% | 59.78% | 19.74% | -7.34 | 12.80 | 0.61 | 0.52 | 1.96 | -3716.00% | -149.00% | 538.00% | 7.88% | 1.01 | 48.67% | 6.04% | 100.50% | 7.41% | 9.06 | 15.03 | 6.77 | 3.67 |
| PM | Philip Morris Internation… | $186.83 | 290.83B | -22% | -52% | — | -39% | 24.44 | -27.67 | 6.81 | 18.76 | 36.94 | -7.25 | 66.42% | 37.47% | 28.34% | -104.08% | 38.91% | 17.28% | -4.89 | 11.72 | 0.96 | 0.42 | 2.57 | 6615.00% | 718.00% | -101.00% | 3.86% | 0.48 | 33.48% | 3.12% | 76.20% | 3.12% | 21.07 | 30.05 | 7.89 | 4.16 |
| RLX | RLX Technology Inc. | $2.42 | 2.96B | +244% | -41% | -17% | +160% | 36.75 | 1.30 | 8.48 | -202.95 | 490.00 | 1.31 | 29.72% | -4.38% | 22.57% | 3.57% | -1.21% | 3.40% | 0.00 | — | 10.84 | 10.56 | 91.29 | 750.00% | 9650.00% | 40640.00% | 4.06% | 1.00 | 11.12% | 0.43% | 15.70% | 18.89% | -114.85 | 14.61 | 5.03 | 15.20 |
| TPB | Turning Point Brands, Inc… | $136.99 | 2.61B | -33% | -59% | -93% | -69% | 22.54 | 5.76 | 3.00 | 13.80 | 348.56 | -81.99 | 55.89% | 24.04% | 11.04% | 28.34% | 15.75% | 9.04% | 1.39 | 6.20 | 4.42 | 1.58 | 2.29 | 647.00% | 1095.00% | 207.00% | 5.77% | 1.50 | 15.34% | 0.45% | 10.20% | 5.19% | 14.97 | 20.79 | 3.60 | 4.25 |
| UL | Unilever PLC | $73.75 | 161.26B | -10% | -58% | — | — | 24.49 | 8.59 | 2.64 | 14.53 | 151.56 | -6.94 | 100.00% | 18.94% | 11.59% | 30.68% | 16.46% | 7.25% | 1.91 | 9.73 | 0.79 | 0.59 | 2.36 | 1616.00% | -1688.00% | -1964.00% | 4.69% | 0.35 | 15.05% | 3.21% | 78.50% | 4.29% | 16.51 | 25.26 | 3.13 | 3.48 |
| UVV | Universal Corporation | $53.73 | 1.34B | +485% | -57% | -61% | +6% | 15.21 | 0.99 | 0.49 | 7.61 | — | 1.22 | 18.62% | 8.28% | 3.22% | 6.56% | 7.55% | 3.21% | 0.76 | 2.80 | 2.87 | 1.19 | 2.80 | -2092.00% | 723.00% | -28797.00% | 18.29% | 0.44 | 11.13% | 5.51% | 83.80% | 16.89% | 9.38 | 8.66 | 0.78 | 2.96 |
About British American Tobacco p.l.c.
British American Tobacco p.l.c. provides tobacco and nicotine products to consumers in the Americas, Europe, the Asia-Pacific, the Middle East, Africa, and the United States. It offers vapour, heated, and modern oral nicotine products; combustible cigarettes; and traditional oral products, such as snus and moist snuff. The company provides its products under the Vuse, glo, Velo, Grizzly, Kodiak, Dunhill, Kent, Lucky Strike, Pall Mall, Rothmans, Newport, Natural American Spirit, and Camel brands. The company distributes its products to retail outlets. British American Tobacco p.l.c. was founded in 1902 and is based in London, the United Kingdom.
- CEO
- Tadeu Luiz Marroco
- Employees
- 48.99K
- Beta
- 0.06
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($32.79 ÷ $58.71) − 1 = -44.15% (DCF, example).