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British American Tobacco p.l.c. stock

BTINYSE

Consumer DefensiveISIN US1104481072

$61.05▲ $0.23 (+0.4%)Closing price of 11 Nov 2026

62Score 62 out of 100, Neutral

Turn on early warning

Price and trend

62 / 100

Price history

+9.5% in one year

The chart shows daily closes over 20 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.

Long-term trend

Above the 200-day line: the price is 3.0% above it.

Trend change

Since September 2026 the 50-day line has been below the 200-day line; the trend has turned down.

Momentum

Normal: the price is neither overheated nor sold off (RSI 53).

Distance to the high

The price is 8.5% below its 52-week high. Largest decline in 20 years: 62% (June 2017 to March 2020).

Chart figures for advanced users
SMA 50$57.31
Average price of the last 50 trading days, shows the short-term trend.
SMA 200$59.27
Average price of the last 200 trading days, shows the long-term trend.
RSI (14)53
Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
MACDbelow the signal line
Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
Support$52.64
The lowest closing price of the last twelve months.
Resistance$66.70
The highest closing price of the last twelve months.
Market cap
$131.35B
Div. yield
5.44%
12 months
15.7
12.0
on earnings for the next twelve months ($5.10 per share)
Fair value
$77.92

Snapshot

Computed from the data by fixed rules, no AI

  • British American Tobacco p.l.c. belongs to the Tobacco industry (United Kingdom) and, with a market value of $131.35B, is number 2 of 15 companies in its industry on MEQIRI.
  • American depositary receipt (ADR): 1 ADR = 1 share.
  • In fiscal 2025 it reported revenue of $34.08B (down 1% year on year) and earnings of $10.33B (up 153.1%).
Show more
  • MEQIRI Score 62 out of 100 (Neutral): rank 152 of 295 in Consumer Defensive, median 62.
  • The P/E is 15.7 (Tobacco median 15.7, own median of recent years 11.3).
  • Our model puts fair value at $77.92, with the price 22% below it.

In plain words

The numbers on this page in plain words, written by an AI

Strengths

  • High marginNet margin 25% over the last 12 months, Tobacco median 11.7%.Profitability 77
  • Reliable dividendNo dividend cut for 11 years.Capital allocation 62

Weaknesses

None of our weakness checks flags anything. Crash risk is measured separately.

62/ 100
MEQIRI Score
Neutral

Its standout strengths are fundamentals and profitability, while growth holds the score back.

Daily figure as of 12 Nov 2026

How the score is calculated

Score overview

Score since yesterday from 63 to 62.

Fundamentals are strong, with stable profits and strong cash generation.

Profit consistency90% of years
Cash conversion (free cash flow to earnings, 12 months)94%
ROIC (12 months)9.9%
Positive free cash flow100% of years
How this category is measured

Score history

The full history of up to 20 years comes with MEQIRI Pro.

See plans

Crash risk low

How well MEQIRI warns

One of the 30% with the lowest crash risk among stocks ranked 101 to 1,000.

From 2016 to 2025, 9 in 100 such stocks fell 30% or more within a year, against a group average of 15 in 100.

What lowers it

  • calm price action
  • solid fundamentals
  • price near its 52-week high

Valuation

Valuation signal

Modestly undervalued
Price
$61.05
Fair value
$77.92
Gap to fair value
−22%

In our model the price counts as cheap below $59.94 and expensive above $111.31 (uncertainty medium, based on the price swings of the past year).

The two parts of the fair value come to $94.61 (cash-flow model) and $61.22 (industry comparison), and the gap between them shows how uncertain the estimate is. The price is below both.

Calculated with a cost of equity of 8.8%. At 9.8% the fair value would be $70.46, at 7.8% it would be $89.08.

Valuation metrics

1.5
10.6
Fair value (model)
$77.92
Earnings part $61.22 (earnings per share $3.90 × 15.7)

Half from the cash-flow model, half from earnings times the industry P/E (15.7).

Calculate with your own assumptions

Company performance

This shows several years of history with an automatic assessment.

Revenue

20 years

In the twelve months to 30 Jun 2026, revenue rose 1.1% on the twelve months before. Revenue has grown solidly since 2006, at about 5% per year.

Margins

20 years
  • Gross margin
  • Operating margin
  • Net margin

In fiscal 2025: gross 83%, operating 39%, net 30%. Last 12 months: net 25%.

Debt & balance sheet

latest quarter
0.72
5.1x
0.84
Cash & equivalents
$3.37B

Moderate debt, and interest is adequately covered.

Earnings

Next earnings
11 Feb 2027in 91 days
Last reported
30 Jul 2026in line with expectations

Analyst estimates

Earnings estimates have barely changed since 15 Oct 2026.

Fiscal 20269 analysts
Earnings per share
3.6−0.8%
Revenue
$34.93B−0.2%
Fiscal 20279 analysts
Earnings per share
3.87−0.8%
Revenue
$36.19B−0.3%

MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.

Company outlook raised

Share price after the results: −3.8%

EPS guidance upgraded, with growth now toward the middle of the 5% to 8% range; revenue and operating profit still expected at the lower end of their range.

Supporting passage from the call, verbatim
“And finally, we now expect full year EPS growth to be towards the middle of our 5% to 8% range.”

The outlook is not part of the score and not a recommendation to buy or sell.

From the earnings call on 30 Jul 2026 (fiscal Q2 2026), read by AI.

Insiders

Open-market purchases and sales by executives, board members and major holders

All insider purchases

No open-market purchases or sales in the last 6 months.

Source: Form 4 filings with the US Securities and Exchange Commission. Grants, option exercises, gifts and tax withholdings are hidden. Not a recommendation to buy.

What happened at British American Tobacco p.l.c.

The key events of the last six months from our own data. A click takes you to the matching card.

Sector comparison

295 rated companies in Consumer Defensive

Rank 152 of 295
152/ 295
This company
62
Sector median
62

Categories against the sector median

ProfitabilityMedian of 295 companies77 (median 54)23 above the median
GrowthMedian of 295 companies26 (median 50)24 below the median
FundamentalsMedian of 295 companies78 (median 79)1 below the median
ValuationMedian of 290 companies with a value76 (median 65)11 above the median
StabilityMedian of 295 companies62 (median 68)6 below the median
Capital allocationMedian of 295 companies62 (median 62)0 at the median
Technical analysisMedian of 295 companies62 (median 65)3 below the median
MomentumMedian of 295 companies62 (median 60)2 above the median

The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.

Competitors in Tobacco

The next larger and next smaller companies by market value

All 15 Tobacco stocks

Data status and sources

Score
Daily value of 12 Nov 2026, recalculated nightly
Price
Closing price of 11 Nov 2026
Latest annual report
Fiscal year 2025, period end 31 Dec 2025
Currency
Amounts in US dollars, converted at the ECB reference rate of 11 Nov 2026 ($1 = £0.7515)
Source
Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.

Mandatory disclosures for this rating

  • ; time horizon around 12 months
  • Rated Neutral, published since 7 Nov 2026 (in the score history since 31 May 2024)
  • Valuation signal Fairly valued since 7 Nov 2026
  • End-of-day prices, metrics cached for up to 24 hours
  • Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
  • Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
  • Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.

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