Philip Morris International manufactures and sells cigarettes, other tobacco products, and other nicotine-containing products. It sells its products in approximately 180 countries in the European Union, Eastern Europe, the Middle East, Africa, Asia, Latin America, and Canada. The company was founded in 1987 and is based in New York, New York.
PM Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for PM, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Philip Morris International Inc ranked in the 46th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. The most interesting components of our discounted cash flow analysis for Philip Morris International Inc ended up being:
The company has produced more trailing twelve month cash flow than 92.48% of its sector Consumer Defensive.
Philip Morris International Inc's weighted average cost of capital (WACC) is 8%; for context, that number is higher than merely 17.31% of tickers in our DCF set.
PM's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than merely 17.31% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Philip Morris International Inc? See CPB, TPB, ACU, ANDE, and MENB.
Altria’s (MO) share price has fallen in sympathy with the rest of the market this month. As seen below, it appears that the investment community is pricing more risk into Altria, as the shares have fallen by a much wider margin than the S&P 500 (SPY). (Source: YCharts) I believe...
Philip Morris International (PM) is one out of three excellent tobacco companies, which include Altria (MO) and British American Tobacco (BTI) as well. Together, they represent an exposure of almost 3% of my portfolio, and together with international tobacco companies, I have a 3.8% exposure to tobacco overall. I'm perfectly...
Philip Morris International Inc (PM) manufactures and sells cigarettes, other nicotine-containing products, smoke-free products, and related electronic devices and accessories. In 2008 Altria spun-off its international tobacco operations, and thus creating Philip Morris International Inc (PM). Q2 2020 hedge fund letters, conferences and more Philip Morris International Inc Increases Dividends Philip Morris International Inc has […] The post Philip Morris International Inc (PM) Dividend Stock Analysis appeared first on ValueWalk .
NEW YORK--(BUSINESS WIRE)--Regulatory News: Philip Morris International Inc.’s (NYSE:PM) Chief Financial Officer, Emmanuel Babeau, addresses investors today at the Barclays Global Consumer Staples Conference. The presentation and Q&A session will be conducted in a virtual format, beginning at approximately 2:40 p.m. Eastern Time. A live video webcast of the entire PMI session will be available, in a listen-only mode, at www.pmi.com/2020barclays. Presentation slides will be available on the
The first four stores of IQOS from Philip Morris International (PMI) opened Friday, making available a smoke-free alternative to cigarettes for Filipino adult smokers -- 21 years old and above -- who would otherwise wish to continue to smoke or use nicotine-containing products. PMFTC Inc., an affiliate of PMI, opened its first four IQOS stores in Metro Manila located at the Eastwood Mall in Libis, Quezon City, SM Mall of Asia in Pasay City, SM Southmall in Las Pias City, and Estancia Mall in Pasig City. The stores carry PMI's line of smoke-free products, the devices, heat sticks, and a full range of accessories. "Opening the first IQOS stores in the Philippines is a significant… Keep on reading: PMFTC opens IQOS stores in Metro Manila