Japan Tobacco's momentum continued in the second quarter as core tobacco revenue grew 22% on the roughly equal impact of higher prices and favorable currency benefits. Tobacco-adjusted operating profit margin expanded by more than 2 percentage points to 36.5%.
By being a follower in next-generation products, JT can invest after the winning products become clearer, allowing it to increase the return on potential investments.
JT’s international exposure creates significant currency risk, with most of its net sales derived in foreign currencies. A strengthening Japanese yen can have a material negative impact on earnings growth.
|
Metric
|
2914
|
BTI
|
PM
|
|---|---|---|---|
Price/Earnings (Normalized) | 21.80 | 11.77 | 23.50 |
Price/Book Value | 2.88 | 2.00 | — |
Price/Sales | 3.36 | 3.60 | 6.98 |
Price/Cash Flow | 12.36 | 11.06 | 20.52 |
|
Metric
|
2914
|
BTI
|
PM
|
|---|---|---|---|
Quick Ratio | 0.95 | 0.48 | 0.47 |
Current Ratio | 2.04 | 0.84 | 0.98 |
Interest Coverage | 5.23 | 6.97 | 10.36 |
|
Metric
|
2914
|
BTI
|
PM
|
|---|---|---|---|
Return on Assets (Normalized) | 7.22% | 7.15% | 17.46% |
Return on Equity (Normalized) | 14.59% | 17.04% | — |
Return on Invested Capital (Normalized) | 11.77% | 10.48% | 30.13% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Philip Morris International Inc
PM
| LOCK|$%>&%%hM | LOCK|>h | $297B | |||
| British American Tobacco PLC
BTAFF
| — | LOCK|<S | $123B | |||
| British American Tobacco PLC ADR
BTI
| LOCK|Nq!!jV^ | LOCK|<&V | $123B | |||
| Altria Group Inc
MO
| LOCK|<l | LOCK|yH | $110B | |||
| Japan Tobacco Inc
JAPAF
| — | LOCK|?B^ | $79B | |||
| Japan Tobacco Inc ADR
JAPAY
| — | LOCK|J& | $79B | |||
| Imperial Brands PLC
IMBBF
| — | LOCK|?!K | $27B | |||
| Imperial Brands PLC ADR
IMBBY
| LOCK|&^sb>^ | LOCK|^$ | $27B | |||
| Smoore International Holdings Ltd Ordinary Shares
SMORF
| — | LOCK|Gsn<Z | $7B | |||
| PT Hanjaya Mandala Sampoerna Tbk
PHJMF
| — | LOCK|N? | $5B |
United States