Philip Morris International Seeks Rebranding as an ESG Leader
May 31, 2023
🌥️Trending News
PHILIP ($NYSE:PM): Recently, PMI has embarked on an ambitious plan to rebrand itself as an ESG (Environmental, Social and Governance) leader. This plan includes various initiatives such as reducing single-use plastic packaging, eliminating coal from its supply chain, and investing in renewable energy sources. Furthermore, the company has launched several philanthropic initiatives aimed at improving the lives of people in the communities where it operates. PMI’s goal of becoming an ESG leader is a bold one, given its history as a tobacco company.
However, if successful, this move could change public perception of the company and open up new opportunities for revenue growth and sustainability. Ultimately, it remains to be seen how successful this rebranding will be, but PMI is certainly taking major steps in the right direction.
Market Price
Philip Morris International (PMI) is seeking to rebrand itself as an ESG (Environmental, Social and Governance) leader, as evidenced by their Tuesday stock performance. On the day, PMI’s stock opened at $90.3 and closed at $90.2, down 0.7% from its prior closing price of $90.8. This indicates that the company’s efforts to revamp its brand have not yet been reflected in the stock market.
However, if PMI can successfully reinvent itself as a leader in ESG initiatives, it may be able to attract more investors and boost its stock price. It remains to be seen whether PMI will be successful in its endeavor, but the company’s current efforts indicate that it is taking the necessary steps to become a leader in ESG initiatives. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for PM. More…
| Total Revenues | Net Income | Net Margin |
| 32.03k | 8.69k | 27.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for PM. More…
| Operations | Investing | Financing |
| 10.8k | -15.68k | 3.81k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for PM. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 62.06k | 69.11k | -5.75 |
Key Ratios Snapshot
Some of the financial key ratios for PM are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 2.0% | 1.3% | 36.9% |
| FCF Margin | ROE | ROA |
| 30.4% | -82.6% | 11.9% |
Analysis
GoodWhale’s analysis of PHILIP MORRIS INTERNATIONAL’s wellbeing shows that the company is classified as a ‘cow’, signifying a track record of paying out consistent and sustainable dividends. Investors who are looking for a steady source of income may be particularly interested in a company like this. PHILIP MORRIS INTERNATIONAL has a high health score of 8/10 when it comes to cashflows and debt, indicating that it is capable of covering its debt obligations and funding future operations. PHILIP MORRIS INTERNATIONAL is strong in dividend and profitability, and weak in asset and growth. This suggests that while the company may not be well-positioned for long-term growth prospects, it is a stable option for those seeking short-term returns. 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 become increasingly focused on Environmental, Social and Governance (ESG) initiatives and is now considered a leader in sustainable investing. Its approach to ESG is multi-faceted, ranging from initiatives to reduce its own carbon footprint to positively impacting the communities in which it operates. PMI also places a strong emphasis on advancing the health of its consumers through smoke-free products and responsible marketing of traditional products.
Investing in PMI allows investors to benefit from the company’s solid business fundamentals while supporting meaningful sustainability goals. As such, PMI is an attractive investment option for those looking to make a positive social and environmental impact through their investments.
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