PM Intrinsic Stock Value – Summit Trail Advisors LLC significantly increases stake in Philip Morris International during 2nd quarter

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Summit Trail Advisors LLC, a New York-based investment advisory firm, has recently made a significant move in its investment portfolio by increasing its stake in Philip Morris International ($NYSE:PM) Inc. by 273.4% during the second quarter of the year. This news has caught the attention of many investors and analysts, as it signals a strong belief in the potential of the tobacco giant’s stock. Philip Morris International Inc. is a leading multinational tobacco company, with a diverse portfolio of well-known brands such as Marlboro, L&M, and Chesterfield. It has a long history of providing stable returns to its shareholders and has consistently delivered strong financial performance over the years. This increase in stake shows that the investment firm is bullish on the company and believes that it has strong growth potential. Despite facing challenges in the global tobacco industry, Philip Morris International has continued to deliver impressive results.

Moreover, Philip Morris International has been focused on developing and commercializing innovative smoke-free products, such as its flagship product IQOS, which is gaining popularity among smokers looking for less harmful alternatives. This shift towards reduced-risk products has positioned the company as a leader in the industry and has attracted investors who are looking for sustainable and socially responsible investments. With a strong portfolio of brands and a commitment to innovation, Philip Morris International is well-positioned to continue its growth trajectory and deliver value to its shareholders. This news may also attract other investors to consider adding the company’s stock to their portfolios, further strengthening its position in the market.

Market Price

This move indicates a strong vote of confidence in the tobacco giant and its potential for growth in the future. On Friday, the day this news broke, PHILIP MORRIS INTERNATIONAL’s stock opened at $119.5 and closed at $120.79, showing an increase of 0.88% from the prior closing price of $119.74. This surge in stock value can be attributed to Summit Trail’s decision to increase their investment in the company, as well as positive market sentiment towards Philip Morris International. This significant stake increase by Summit Trail Advisors LLC is a statement of their faith in the company’s performance and prospects. It also speaks to their belief in the long-term viability of the tobacco industry, despite ongoing challenges and regulations in many countries. This move by a reputable investment firm like Summit Trail is likely to generate interest and confidence in Philip Morris International among other investors as well. Philip Morris International’s strong financial performance and strategic initiatives could also be key factors behind Summit Trail’s decision to increase their stake in the company.

This growth can be attributed to the company’s focus on reduced-risk products and its robust brand portfolio. Furthermore, Philip Morris International has been taking proactive measures to adapt to changing consumer preferences and regulatory landscape. The company has been making significant investments in developing and marketing smoke-free products, such as its flagship IQOS device, which have been gaining popularity globally. It showcases confidence in the company’s financial performance, strategic direction, and potential for future growth. As the tobacco industry continues to evolve, it will be interesting to see how Philip Morris International navigates these changes and if other investors follow Summit Trail’s lead in increasing their stake in the company. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for PM. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for PM. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for PM. More…

Key Ratios Snapshot

Some of the financial key ratios for PM are shown below. More…

Analysis – PM Intrinsic Stock Value

I have thoroughly examined the wellness of PHILIP MORRIS INTERNATIONAL, a leading international tobacco company, and I am pleased to report that it is in good shape. Our team at GoodWhale has conducted extensive analyses on the company and we have found it to be a strong and stable player in its industry. One key factor that contributes to the overall wellness of PHILIP MORRIS INTERNATIONAL is its financial health. The company has consistently shown strong financial performance, with a steady increase in revenue and profits over the years. This is reflected in its recent financial reports, which show a healthy balance sheet and positive cash flow. In terms of stock valuation, our proprietary Valuation Line indicates that the current intrinsic value of PHILIP MORRIS INTERNATIONAL’s share is around $105.5. This means that the stock is currently undervalued and has potential for growth. However, it is worth noting that the current market price for PHILIP MORRIS INTERNATIONAL stock is $120.79, which is a fair price but also reflects a slight overvaluation of 14.5%. This could be attributed to market trends and investors’ confidence in the company’s future prospects. In conclusion, based on our thorough analysis, PHILIP MORRIS INTERNATIONAL appears to be a sound investment opportunity. With a strong financial standing and potential for growth, it is well-positioned to continue its success in the tobacco industry. However, investors should carefully consider the current market price and make informed decisions before investing in this stock. 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

Summit Trail Advisors LLC significantly increased its stake in Philip Morris International Inc. during the second quarter, according to their recent SEC filing. The firm’s position grew by 273.4%, indicating a strong belief in the company’s potential for growth and profitability. This move demonstrates confidence in Philip Morris International’s financial performance and strategic direction.

It also suggests that Summit Trail Advisors, a leading investment management firm, sees strong potential for the company’s stock to outperform the market in the coming months. This development could be seen as a positive sign for investors looking to capitalize on the current market conditions and potentially earn higher returns.