# British American Tobacco Industries p.l.c. ADR (BTI) fundamentals

Data as of 2026-11-04. NYSE, United States. Sector: Consumer Defensive / Tobacco. Price $60.90, market value $130.8 billion.

## Valuation
- **P/E (trailing): 15.6×** (5-yr avg 14.9×, 3-yr avg 20.1×). British American Tobacco Industries p.l.c. ADR trades at 15.6× trailing earnings, close to its own five-year average of 14.9×. The Consumer Defensive median in the September 2026 study was 20.1×. Forward P/E is 11.7×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.07**. A PEG of 0.07 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 3.8×**. Each dollar of revenue is priced at 3.8×.
- **Price / book: 10.6×**. The shares trade at 10.6× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **Free-cash-flow yield: 5.9%** (5-yr avg 13.2%). Free cash flow equals 5.9% of the market value, below its five-year average of 13.2%, so the shares are pricier on cash than usual. Above 5% is generally attractive.
- **Earnings yield: 6.4%**. The inverse of the P/E: 6.4% of the price is earned each year.

## Profitability
- **Operating margin: 39.0%**. 39.0% of revenue is left after running the business, an exceptional level.
- **Net margin: 30.3%**. 30.3% of each dollar of sales reaches the bottom line.
- **Return on equity: 16.1%**. 16.1% on shareholders' equity is solid.
- **Return on invested capital: 9.9%**. Return on all capital, debt included, is 9.9%.
- **Return on assets: 7.1%**. Each dollar of assets produces 7.1% of profit.

## Growth
- **Revenue growth (1 yr): -1.0%** (3-yr -2.5%/yr, 5-yr -0.1%/yr). Revenue fell 1.0% over the last year, against -0.1% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 156.6%** (3-yr 6.1%/yr, 5-yr 4.6%/yr). Earnings per share rose 156.6%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): -16.3%/yr**. Free cash flow has compounded at -16.3% a year over three years, lagging earnings: check whether profits are turning into cash.

## Financial health
- **Debt to equity: 0.73**. Debt is 0.73 times equity, moderate leverage.
- **Interest coverage: 6.0×**. Operating profit covers interest 6.0× over, a safe margin.
- **Current ratio: 0.87** (quick 0.87). Current liabilities exceed current assets, so the company depends on ongoing cash generation or refinancing to pay the next year's bills.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 5.48%** ($3.34 per share, trailing). British American Tobacco Industries p.l.c. ADR yields 5.48%, an income-level yield.
- **Consecutive years of increases: 2**. 2 straight years of increases.
- **Dividend growth (5 yr): 2.0%/yr** (1-yr 0.8%). The dividend has grown 2.0% a year over five years.
- **Shareholder yield: 5.5%**. Dividends plus net buybacks return 5.5% of the market value a year.

## Analyst view
- **Analyst consensus: strong_buy** (6 analysts). 6 analysts cover British American Tobacco Industries p.l.c. ADR; the consensus is strong_buy, with an average price target of $70.37 (+16% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 26.1%** (YTD 12.5%, 3-mo 3.9%). The shares are up 26.1% over twelve months including dividends.
- **From 52-week high: -9.5%** (17.0% above the low). Trading 10% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 70**. An RSI of 70 is in overbought territory; short-term pullbacks are common from here.
- **Beta (1 yr): 0.06** (volatility 26%). Beta of 0.06 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=BTI · Page: https://foliofundamentals.com/stocks/bti

Not investment advice.