Philip Morris reported 7.1% organic revenue growth in the third quarter and 5.8% growth in adjusted earnings per share, excluding currency impacts. At the segment level, international smoke-free grew 3.4% organically, international combustibles grew 7.8%, and the US grew 22.7%.
PMI’s international operations give it exposure to countries where cigarette consumption is either declining slower than the global rate or even growing.
PMI’s international exposure creates significant currency risk, with most of its net sales derived in foreign currencies and about one-fourth of its input costs in dollars. A strengthening US dollar can have a material negative impact on earnings growth.
|
Metric
|
PM
|
IMBBY
|
MO
|
|---|---|---|---|
Price/Earnings (Normalized) | 24.38 | 11.34 | 13.30 |
Price/Book Value | — | 5.59 | — |
Price/Sales | 7.14 | 0.71 | 6.05 |
Price/Cash Flow | 21.28 | 7.56 | 13.28 |
|
Metric
|
PM
|
IMBBY
|
MO
|
|---|---|---|---|
Quick Ratio | 0.47 | 0.31 | 0.34 |
Current Ratio | 0.98 | 0.70 | 0.52 |
Interest Coverage | 10.36 | 6.31 | 9.62 |
|
Metric
|
PM
|
IMBBY
|
MO
|
|---|---|---|---|
Return on Assets (Normalized) | 17.46% | 9.12% | 27.37% |
Return on Equity (Normalized) | — | 55.92% | — |
Return on Invested Capital (Normalized) | 30.13% | 18.11% | 46.09% |
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1-Day Chart
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Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| British American Tobacco PLC
BTAFF
| — | LOCK|W$F | $126B | |||
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BTI
| LOCK|?$<S@F | LOCK|@p | $126B | |||
| Altria Group Inc
MO
| LOCK|$TG | LOCK|dBp | $123B | |||
| Japan Tobacco Inc ADR
JAPAY
| — | LOCK|zk | $84B | |||
| Japan Tobacco Inc
JAPAF
| — | LOCK|W$ | $84B | |||
| ITC Ltd DR
ITCTY
| — | LOCK|HvyH | $35B | |||
| Imperial Brands PLC
IMBBF
| — | LOCK|t^j | $28B | |||
| Imperial Brands PLC ADR
IMBBY
| LOCK|sn^%?jC | LOCK|Ts | $28B | |||
| Smoore International Holdings Ltd Ordinary Shares
SMORF
| — | LOCK|Xt^@& | $7B |
United States