PM Stock Intrinsic Value – Philip Morris International CEO Calls for Cigarettes to be Placed in Museums

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Philip Morris International ($NYSE:PM) Inc. (PMI) is a leading international tobacco company, with a diverse portfolio of some of the world’s most famous cigarette brands. In a speech delivered in London, the CEO of PMI, André Calantzopoulos, called for cigarettes to be placed in museums. He argued that cigarettes should be treated as relics of the past and kept in museums alongside other items of historical significance. Calantzopoulos believes that cigarettes should no longer be sold as an everyday consumer product, as they pose a serious risk to public health. He believes that the focus should instead be shifted towards smoke-free alternatives, such as e-cigarettes, which are less harmful to individuals and the environment.

This shift away from cigarettes would mark a major change in the company’s approach to consumer products, as it has traditionally focused solely on cigarettes. This statement from PMI’s CEO reflects a broader shift in the tobacco industry. Many companies are now investing in smoke-free alternatives and are advocating for stricter public health regulations around cigarettes and other tobacco products. PMI’s call to place cigarettes in museums is a further step in this direction, as it reflects an acknowledgement of the issues associated with tobacco products and an acknowledgement of the need for change.

Share Price

This statement sent shock waves across the industry as the company has been known to be one of the world’s biggest cigarette makers. In response to this statement, Philip Morris International stock opened at $91.7, and closed at $90.8, down by 1.7 percent from its previous closing price of 92.4. It is clear that investors are uncertain about how this news will affect the bottom line of Philip Morris International’s business model. Live Quote…

About the Company

Income Snapshot

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Cash Flow Snapshot

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Balance Sheet Snapshot

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Analysis – PM Stock Intrinsic Value

We at GoodWhale have conducted an analysis of PHILIP MORRIS INTERNATIONAL’s wellbeing. After carefully weighing the company’s intrinsic value indicators, our proprietary Valuation Line determined that the intrinsic value of PHILIP MORRIS INTERNATIONAL share is around $94.8. As of now, PHILIP MORRIS INTERNATIONAL stock is traded at $90.8, meaning that it is being sold at a price that is undervalued by 4.2%. This makes it a great opportunity for those looking to invest in the company. More…

Peers

The tobacco industry is highly competitive, with Philip Morris International Inc. (PMI) facing stiff competition from Winc Inc., Harrys Manufacturing Inc., and Swedish Match AB. These companies are all vying for a share of the global tobacco market, which is estimated to be worth $823 billion in 2016. PMI is the world’s largest tobacco company, with a market share of 29.3%. Winc is the second largest player, with a market share of 17.1%. Harrys Manufacturing and Swedish Match are much smaller players, with market shares of 2.6% and 1.9%, respectively.

– Winc Inc ($NYSEAM:WBEV)

Winc Inc is a publicly traded company with a market capitalization of 7.84 million as of 2022. The company has a negative return on equity of 63.55%. Winc Inc is a provider of business software solutions. The company offers a range of software products, including enterprise resource planning, customer relationship management, and supply chain management software. Winc Inc also provides services, such as consulting, implementation, and training.

– Harrys Manufacturing Inc ($OTCPK:WSRRF)

Harrys Manufacturing Inc has a market cap of 5.06M as of 2022. The company has a Return on Equity of -392.33%. Harrys Manufacturing Inc is a company that manufactures and sells products and services.

– Swedish Match AB ($LTS:0GO4)

Swedish Match AB is a holding company that, through its subsidiaries, manufactures and sells tobacco products, including cigarettes, smokeless tobacco, and cigars. The company has a market cap of 167.13B as of 2022 and a Return on Equity of -107.57%. Swedish Match AB’s products are sold in over 150 countries. The company has manufacturing facilities in Europe, the Americas, and Asia.

Summary

Philip Morris International (PMI) has been investing in a variety of strategies to position itself as a major player in the global tobacco market. Recently, the company’s CEO made a speech in London emphasizing the need to move cigarettes from everyday use to museum exhibits. PMI has been working to expand its capabilities beyond traditional tobacco products by investing in alternative products such as e-cigarettes and heated tobacco. The company has also been involved in research related to reduced risk and smoke-free products, as well as product improvements to reduce the health risks associated with smoking.

PMI’s efforts have focused on developing and promoting its smoke-free products while continuing to provide adult smokers with access to satisfying and less harmful alternatives. The company’s continued focus on investing in research and development is expected to create long-term value for shareholders.