Obermatt

Philip Morris

NYQ:PM · US7181721090
TobaccoXX-Large

360

64
EV / EBIT21
Price / Owner Earnings43
Owner Earnings Yield63
Dividend Yield73
Price/Sales10
EV / Gross Profit14
Price/Book97
Return on Capital93
Cash Return on Capital92
EBIT Margin98
Gross Profitability82
Cash Conversion25
Accruals16
Owner Earnings Margin96
Sales growth38
Profit Growth100
Long-Term EPS Growth73
Owner Earnings Growth67
Reinvestment4
Price momentum26
Debt load3
Refinancing61
Debt Payback57
Liquidity80
Analyst ratings50
Opinion Changes30
Price Target Upside32
Market mood67
Value Creation16/20strong value creator
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Philip Morris generates returns well above its cost of capital, the foundation of durable shareholder value.

Profile

CountryUSA
IndustryTobacco
SizeXX-Large
TypePublic Company
ExchangeNYSE
Founded1987
Employees35,574
Websitepmi.com
ISINUS7181721090
Last UpdateApr 2, 2026
Themes
LifestyleFast-Moving Consumer GoodsConsumer GoodsManufacturingTobacco

Description

Philip Morris International Inc. (PMI) is primarily engaged in the manufacture and sale of cigarettes and smoke-free products. The company is an international consumer goods company, actively delivering a smoke-free future and evolving the company’s…

Analysis

Middle-of-the-road

Philip Morris International Inc. is a middle-of-the-road business: neither the economics nor the price stand out from the peer group. One caution: reported profits have recently run ahead of actual cash, which we track closely.

The price is fair. You pay 24.2× its owner earnings: the cash an owner could take out each year, which is in the historically fair zone. At today's price, the market is assuming roughly 9% yearly growth; analysts expect 10%. The price, in other words, assumes less than the experts do.

The trajectory is solid and the balance sheet is adequate. The company scores 16/20 on our value-creation score: strong value creator.

What to watch: The financial cushion is thinner than comfortable. Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
59
2023202420252026

All-time high

92

Mar 2026

All-time low

48

Feb 2026

Average rank

71

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
10
5
11
17
Price/Earnings
18
26
73
74
Price/Book
97
96
96
97
Dividend Yield
73
84
88
92
Value (overall)
50
58
59
83

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →