British American Tobacco P.L.C. Shares Reach New High of $33.15 on Tuesday Opening
May 26, 2023
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On Tuesday morning, British American Tobacco ($LSE:BATS) P.L.C. (BAT) shares hit a new high of $33.15 when trading opened. The company is also the world’s leading producer of vape products, with its Vype and glo products being the leading e-cigarette brands globally. The increased share price of BAT reflects investors’ confidence in the company’s performance in the long-term. BAT’s strategy of diversifying their product offerings has been greatly beneficial to their bottom line and will likely continue to be so in the future.
Share Price
Despite the bullish opening, the stock quickly receded and closed at £26.6, down by 2.7% from the previous closing price. The sharp drop came as a surprise to investors who had expected the momentum of the stock’s opening high to sustain throughout the day. Nevertheless, BAT’s shares remain steady and its long-term upward trend is still intact. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for BATS. More…
| Total Revenues | Net Income | Net Margin |
| 27.66k | 6.62k | 25.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for BATS. More…
| Operations | Investing | Financing |
| 10.39k | -705 | -8.88k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for BATS. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 153.55k | 77.84k | 33.71 |
Key Ratios Snapshot
Some of the financial key ratios for BATS are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 2.2% | 7.1% | 39.7% |
| FCF Margin | ROE | ROA |
| 35.2% | 9.2% | 4.5% |
Analysis
At GoodWhale, we have conducted a financial analysis of BRITISH AMERICAN TOBACCO P.L.C. and determined it to be a medium-risk investment. Our Risk Rating takes into account financial parameters such as potential returns as well as business-level aspects, such as the sustainability of the business model. In our analysis, we detected two risk warnings in the company’s income statement and balance sheet. If you are considering investing in this company, we recommend registering with us to gain access to our detailed report and get a better understanding of the potential risks involved. More…
Peers
British American Tobacco PLC is a leading international tobacco company. Its main competitors are Imperial Brands PLC, Heineken NV, Ambev SA.
– Imperial Brands PLC ($LSE:IMB)
Imperial Brands PLC is a British multinational tobacco company headquartered in Bristol, United Kingdom. It is the world’s fourth-largest international cigarette company measured by market share after Philip Morris International, British American Tobacco, and Japan Tobacco, and the world’s largest producer of cigars, fine-cut tobacco, and tobacco papers.
The company has a market cap of 19.26B as of 2022 and a Return on Equity of 50.52%. Imperial Brands PLC is a leading international tobacco company with a strong portfolio of well-known brands including Gauloises Blondes, West, and JPS. The company’s products are sold in more than 160 countries and its products are manufactured in 44 factories in 16 countries.
– Heineken NV ($OTCPK:HINKF)
Heineken NV is a Dutch brewing company, founded in 1864 by Gerard Adriaan Heineken in Amsterdam. The company is now the world’s second-largest brewer by volume, after Anheuser-Busch InBev. Heineken’s Dutch breweries are located in Zoeterwoude and Wijlre. The original brewery in Amsterdam, now part of the company headquarters, is preserved as a museum called Heineken Experience.
Heineken has a market capitalization of 49.75 billion as of 2022 and a return on equity of 17.82%. The company is the world’s second-largest brewer by volume and has a strong presence in Europe, Africa, and Asia. Heineken is committed to sustainable brewing and has set a goal to reduce its water usage by 20% by 2025.
– Ambev SA ($NYSE:ABEV)
Ambew SA is a Brazilian brewing company that was founded in 1999. The company has a market cap of 44.71B as of 2022 and a ROE of 11.57%. Ambew is the largest brewing company in Brazil and South America, and the fifth largest brewing company in the world. The company’s main products are beer, malt, and carbonated soft drinks.
Summary
British American Tobacco p.l.c. (BAT) has seen an increase in stock price today, with shares gapping up to $33.15. BAT’s portfolio includes a diverse range of brands that have helped the company maintain its market share in an increasingly competitive industry.
The company also has a strong focus on corporate responsibility initiatives, which is likely to be beneficial for the long-term sustainability of the business. Overall, BAT is an attractive investment option for investors looking for a strong and reliable growth story.
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