Japan Tobacco is the second-largest tobacco company by volume globally, excluding China, with a market share of about 20%, according to Euromonitor. Its competitive edge is greatest in its home market, where it holds a commanding 63% cigarette market share. Moreover, the popularity of its leading brands, especially Mevius, extends to other Asia-Pacific countries.
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
|
IMBBY
|
BTI
|
|---|---|---|---|
Price/Earnings (Normalized) | 20.96 | 9.60 | 10.97 |
Price/Book Value | 2.77 | 4.73 | 1.86 |
Price/Sales | 3.23 | 0.60 | 3.36 |
Price/Cash Flow | 11.88 | 6.40 | 10.31 |
|
Metric
|
2914
|
IMBBY
|
BTI
|
|---|---|---|---|
Quick Ratio | 0.95 | 0.31 | 0.48 |
Current Ratio | 2.04 | 0.70 | 0.84 |
Interest Coverage | 5.23 | 6.31 | 6.97 |
|
Metric
|
2914
|
IMBBY
|
BTI
|
|---|---|---|---|
Return on Assets (Normalized) | 7.22% | 9.12% | 7.15% |
Return on Equity (Normalized) | 14.59% | 55.92% | 17.04% |
Return on Invested Capital (Normalized) | 11.77% | 18.11% | 10.48% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Philip Morris International Inc
PM
| LOCK|$!LYf^c | LOCK|D^k | $293B | |||
| British American Tobacco PLC
BTAFF
| — | LOCK|?mk | $118B | |||
| British American Tobacco PLC ADR
BTI
| LOCK|ffF^^^W | LOCK|?s | $118B | |||
| Altria Group Inc
MO
| LOCK|tw | LOCK|v< | $112B | |||
| Japan Tobacco Inc ADR
JAPAY
| — | LOCK|R! | $77B | |||
| Japan Tobacco Inc
JAPAF
| — | LOCK|y#b | $77B | |||
| ITC Ltd DR
ITCTY
| — | LOCK|yVC% | $33B | |||
| Imperial Brands PLC
IMBBF
| — | LOCK|fy | $24B | |||
| Imperial Brands PLC ADR
IMBBY
| LOCK|DGFXQM | LOCK|^< | $24B | |||
| Smoore International Holdings Ltd Ordinary Shares
SMORF
| — | LOCK|X#z<B | $7B |
United States