Company Overview
Philip Morris International Inc is a global tobacco company listed on the New York Stock Exchange. It develops, manufactures, and sells cigarettes and smoke-free products across multiple regions. The company’s portfolio includes traditional tobacco brands and newer reduced-risk offerings. Its market capitalization is about USD 272 billion, supported by roughly 1.56 billion shares outstanding.
Analysis of recent data
FundamentalsReported USD figures show revenue of about 40.65 billion and EBIT of 14.89 billion for the latest year, representing 7.31% growth year over year. Depreciation and amortization totaled 1.99 billion, while capital expenditure reached 1.57 billion, producing a free‑cash‑flow proxy of roughly 12.58 billion.
Gross margin of 67.13% and operating margin of 36.64% highlight strong pricing power and cost discipline. The exceptionally high ROE of 575.44% reflects efficient capital use, though the absence of net income data limits full profitability assessment.
Cash of 4.87 billion exceeds total debt of 3.70 billion, indicating a net cash position. Interest coverage was not provided, leaving leverage comfort less visible.
Valuation
DCF / MultiplesAt a share price of USD 174.66, the stock trades below the DCF base and bull scenarios but slightly above the bear case. This positioning suggests the market expects steady rather than accelerating returns.
Given the strong free‑cash‑flow proxy and wide margins, the valuation implies investors are cautious about long‑term growth despite robust cash generation.
Conclusion
TakeawayThe company continues to generate strong cash flows from its established brands. Margins remain wide, supporting consistent returns on capital. Market expectations appear moderate relative to its cash strength. Long‑term holders may find stability appealing if reinvestment efficiency endures.