LON/BATS (LON/BATS)

London Stock Exchange: LON/BATS · GBX

GBX 4,509

+3.15 (+0.1%)· Recorded snapshot

Market cap	97.3B
Revenue (ttm)	25.8B
Net income (ttm)	6.3B
EPS (ttm)	GBX 2.91
Shares out	2.2B
P/E (trailing)	15.5x
P/E (forward)	12.0x
Dividend	GBX 2.45 (5.43%)
Volume	1,650,741
Beta	0.10

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 25.8B
Net income (ttm): 6.3B
EPS (ttm): GBX 2.91
P/E (trailing): 15.5x
P/E (forward): 12.0x
Market cap: 97.3B

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E12

P25 n/aP50 n/aP75 n/a

Trailing P/E15.5

P25 n/aP50 n/aP75 n/a

ROE13.4

P25 n/aP50 n/aP75 n/a

ROIC8.5

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All LON/BATS indicators

Market & fundamental data

Available fields

257

Groups with data

Currency

GBP

Showing 257 of 257 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	GBP
Country	United Kingdom
Country code	UK
Earnings date	2027-02-11
Employees	47,797
Employees change	-1,192
Employees growth	-2.43%
Enterprise value	GBX 130B
Exchange	London Stock Exchange
Financial currency	GBP
Financial report date	2026-06-30
First seen	2026-05-10
Fiscal year end	December
Founded	1902
Industry	Tobacco
Is primary listing	Yes
ISIN number	GB0002875804
Last earnings date	2026-07-30
Last refreshed	2026-10-28
Market cap	GBX 97.3B
Next earnings date	2027-02-11
Price	GBX 4,509.00
Price currency	GBX
Sector	Consumer Staples
SIC code	2111
Stock price date	2026-10-28
Symbol	lon/BATS
Website	https://www.bat.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Adjusted P/E ratio	12.6x
Average P/E ratio (10Y)	12.23x
Average P/E ratio (5Y)	13.96x
Earnings yield	6.45%
EV/Earnings	20.47x
EV/EBIT	13.9x
EV/EBITDA	11.12x
EV/FCF	18.96x
EV/Sales	5.04x
FCF / EV yield	5.27%
FCF yield	7.05%
Forward P/E	12.05x
Graham number	3747.157
Graham upside	-16.69%
Lynch fair value	GBX 1,453.21
Lynch upside	-67.69%
P/B ratio	2x
P/E ratio	15.51x
P/FCF ratio	14.19x
P/OCF ratio	13.08x
P/S ratio	3.77x
PEG ratio	1.96x
Price/EBITDA ratio	8.68x
Sector forward P/E	14.22x
Sector P/E	15.82x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	34.73%
EBITDA margin	43.45%
Effective tax rate	22.9%
FCF margin	26.59%
Gross margin	82.72%
Operating margin	34.73%
Pretax margin	32.34%
Profit margin	24.99%
Profit per employee	GBX 132,833
Profitable quarters	3
Profitable years	2
Revenue per employee	GBX 539,281
ROA	5.12%
ROA (5Y)	3.11%
ROCE	9.51%
ROE	13.42%
ROE (5Y)	4.04%
ROIC	8.51%
ROIC (5Y)	5.06%
Tax / revenue	7.41%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	111.11%
EPS growth (Q)	-28.64%
EPS growth (QoQ)	-0.03%
EPS growth 10Y	2.3%
EPS growth 3Y	-9.15%
EPS growth 5Y	1.5%
EPS growth years	2
FCF growth	-22.09%
FCF growth (Q)	48.14%
FCF growth (QoQ)	-8.84%
FCF growth 3Y	-11.88%
FCF growth 5Y	-3.1%
Gross profit growth	0.53%
Gross profit growth (Q)	1.53%
Gross profit growth 3Y	-2.96%
Gross profit growth 5Y	0.2%
Net income growth	108.61%
Net income growth (Q)	-29.3%
Net income growth (QoQ)	-0.78%
Net income growth 3Y	-10.03%
Net income growth 5Y	0.5%
Net income growth years	2
OCF growth	-19.79%
OCF growth (Q)	47.34%
OCF growth (QoQ)	-15.65%
OCF growth 10Y	5.34%
OCF growth 3Y	-11%
OCF growth 5Y	-2.77%
Operating income growth	-12.81%
Operating income growth (Q)	-15.83%
Operating income growth 3Y	-12.96%
Operating income growth 5Y	-3.92%
Revenue growth	0.7%
Revenue growth (Q)	1.38%
Revenue growth (QoQ)	-9.64%
Revenue growth 10Y	6.78%
Revenue growth 3Y	-2.98%
Revenue growth 5Y	0.07%
Revenue growth quarters	2
Revenue growth years	0

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	GBX -582M
Depreciation and amortization	GBX 2.2B
EBIT	GBX 9B
EBITDA	GBX 11.2B
EPS	GBX 2.91
FCF per share	GBX 3.18
Financing cash flow	GBX -9.3B
Free cash flow	GBX 6.9B
Gross profit	GBX 21.3B
Income taxes	GBX 1.9B
Investing cash flow	GBX 75M
Net borrowing	GBX -947M
Net cash flow	GBX -1.7B
Net income	GBX 6.3B
Operating income	GBX 9B
Revenue	GBX 25.8B

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Altman Z-Score	1.7
Book value per share	GBX 21.47
Debt / EBITDA	3.11
Debt / equity	0.72
Debt / FCF	5.12
Interest coverage	5.2
Long-term assets	GBX 96.5B
Long-term liabilities	GBX 45.5B
Net cash (debt)	GBX -32.5B
Net cash / market cap	-33.46%
Net debt / EBITDA	2.9
Net debt / equity	0.67
Net debt / FCF	4.75
Piotroski F-Score	6
Property, plant and equipment	GBX 4.2B
Shareholders' equity	GBX 48.6B
Tangible book value	GBX -38.7B
Tangible book value per share	GBX -18.75
Total assets	GBX 108.4B
Total cash	GBX 2.5B
Total debt	GBX 35.1B
Total liabilities	GBX 59.8B
WACC	4.53%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.24
Current assets	GBX 11.9B
Current liabilities	GBX 14.3B
Current ratio	0.84
Inventory turnover	0.9
Net working capital	GBX -870M
Quick ratio	0.48
Working capital	GBX -2.4B
Working capital turnover	-11.52

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	1.22%
Dividend growth	2%
Dividend growth (10Y)	3.76%
Dividend growth (3Y)	2%
Dividend growth (5Y)	2.59%
Dividend growth years	7
Dividend payment date	2026-11-06
Dividend payment years	29
Dividend payout frequency	Quarterly
Dividend per share	GBX 2.45
Dividend yield	5.43%
Ex-dividend date	2026-12-24
FCF payout ratio	77.15%
Last dividend	GBX 0.61
Payout ratio	82.63%
Shareholder yield	6.67%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	-2.21%
10Y return CAGR	6.76%
10Y total return	92.36%
150-day SMA	GBX 4,386.29
15Y price change	55.83%
15Y return CAGR	9.2%
15Y total return	274.15%
1D price change	0.07%
1M price change	7.87%
1M total return	9.5%
1W price change	2.04%
1W total return	2.04%
1Y price change	15.29%
1Y return CAGR	22.05%
1Y total return	22.03%
20-day SMA	GBX 4,277.05
200-day SMA	GBX 4,394.77
20Y price change	213.13%
20Y return CAGR	11.82%
20Y total return	833.75%
3M price change	-1.27%
3M total return	0.22%
3Y price change	87.64%
3Y return CAGR	32.87%
3Y total return	134.64%
50-day SMA	GBX 4,204.92
50-day SMA vs 200-day SMA	50under200
52-week high	GBX 5,326.00
52-week high date	2026-05-19
52-week low	GBX 3,744.00
52-week low date	2026-06-08
5Y price change	73.46%
5Y return CAGR	20.29%
5Y total return	151.8%
6M price change	6.45%
6M total return	9.5%
All-time high	GBX 5,643.60
All-time high date	2017-06-06
All-time low	GBX 234.80
All-time low date	2000-03-13
Average true range (ATR)	GBX 87.00
Average volume	3M
Beta (1Y)	-0.12
Beta (2Y)	-0.12
Beta (5Y)	0.1
Change from 52-week high	-15.34%
Change from 52-week low	20.43%
Change from all-time high	-20.1%
Change from all-time low	1,820.36%
Change from open	0.36%
Day's gap	-0.29%
Dollar volume	GBX 7.4B
High price	GBX 4,525.00
Low price	GBX 4,476.00
Monthly RSI	61.82
Open price	GBX 4,493.00
Position in 52-week range	67.35%
Previous close	GBX 4,506.00
Price vs 150-day SMA	2.8%
Price vs 20-day SMA	5.42%
Price vs 200-day SMA	2.6%
Price vs 50-day SMA	7.23%
Relative volume	0.56
RSI	66.96
Sharpe ratio	0.75
Sharpe ratio (3Y)	1.18
Sharpe ratio (5Y)	0.81
Sortino ratio	1.36
Sortino ratio (3Y)	2.01
Sortino ratio (5Y)	1.41
Volume	1.7M
Weekly RSI	55.19
YTD price change	7%
YTD total return	11.64%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	2B
Shares change (QoQ)	-0.78%
Shares change (YoY)	-1.22%
Shares held by insiders	0.51%
Shares held by institutions	88.83%
Shares outstanding	2.2B

Deeper analysis on LON/BATS

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

→

Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

→

Risks

Kill scenarios, soft-pass flags, and downside catalysts.

→

Earnings

Next earnings setup and beat / inline / miss thresholds.

→

Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

→

Financials

Revenue, margins, cash flow, and balance-sheet context.

→

Peers

Relative valuation and profitability against the cohort.

→

Moat

Economic-profit evidence and competitive advantage risk.

→

Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Frequently asked questions

About this LON/BATS report

Is a complete LON/BATS research report available?

No complete published report is available for lon/BATS (LON/BATS) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

LON/BATS (LON/BATS)

Price

Financial snapshot

Fair-value bridge

Latest news · LON/BATS

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All LON/BATS indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on LON/BATS

Frequently asked questions