British American Tobacco (BATS)

Sector:

Tobacco

Index:

FTSE 100

2,433.00p
   
  • Change Today:
      32.00p
  • 52 Week High: 2,738.50
  • 52 Week Low: 2,267.00
  • Currency: UK Pounds
  • Shares Issued: 2,226.44m
  • Volume: 5,573,545
  • Market Cap: £54,169m
  • RiskGrade: 122

Income Statement - Normalised

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Continuing Operations          
Revenue 27,283.00 27,655.00 25,684.00 25,776.00 25,877.00
           
EBITDA 13,228.00 13,457.00 11,677.00 10,400.00 9,237.60
Depreciation & Amortisation (28,614.00) (1,305.00) (1,076.00) n/a n/a
           
Operating Profit/(Loss) (15,386.00) 12,152.00 10,601.00 10,400.00 9,237.60
Interest Payable (1,895.00) (1,641.00) (1,431.00) (1,795.00) (1.60)
Interest Receivable/Investment Income n/a n/a n/a 50.00 n/a
           
Group Profit after Interest (17,281.00) 10,511.00 9,170.00 8,655.00 9,236.00
Share of Assoc Cos/JV Profits 585.00 442.00 427.00 n/a n/a
           
Profit Before Tax (16,696.00) 10,953.00 9,597.00 8,655.00 9,236.00
Tax 2,896.00 (2,522.00) (2,289.00) (2,108.00) (2,063.00)
           
Profit After Tax (13,800.00) 8,431.00 7,308.00 6,547.00 7,173.00
           
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
           
PROFIT FOR PERIOD (13,800.00) 8,431.00 7,237.00 6,547.00 6,953.00
           
Attributable to:          
Equity Holders of Parent Company (13,978.00) 8,251.00 7,064.00 6,383.00 6,808.00
Minority Interests (178.00) (180.00) (173.00) (164.00) (145.00)
           
Equity Dividends cn/a cn/a cn/a cn/a cn/a
Retained Profit/(Loss) for the Financial Year c(13,978.00) c8,251.00 c7,064.00 c6,383.00 c6,808.00


Per Share Record - Normalised 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Continuing EPS          
Earnings per Share - Basic (627.10p) 365.74p 311.98p 279.22p 307.71p
Earnings per Share - Diluted (627.10p) 363.96p 310.62p 278.13p 306.77p
Earnings per Share - Adjusted 375.60p 373.20p 330.40p 333.00p 324.80p
Continuing and Discontinued EPS          
Earnings per Share - Basic (627.10p) 365.74p 3.12p 279.22p 298.07p
Earnings per Share - Diluted (627.10p) 363.96p 3.10p 278.13p 297.16p
Earnings per Share - Adjusted 375.60p 373.20p 330.40p 333.00p 324.80p
           
Dividend per Share 235.52p 218.80p 215.60p 210.40p 210.40p


Key Financals 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Shares in Issue (millions)          
Shares in Issue - Year End 2,456.62 2,456.87 2,456.62 2,286.00 2,456.52
Weighted Average 2,229.00 2,256.00 2,287.00 2,286.00 2,284.00
Diluted 2,229.00 2,267.00 2,297.00 2,295.00 2,291.00
           
Performance Ratios          
Continuing Operations          
Operating Margin (56.39%) 43.94% 41.27% 40.35% 35.70%
Return on Capital Employed n/a 145.83% 1.34% 125.59% 112.97%
Continuing Operations & Discontinued Operations          
Return on Equity (21.98%) 8.92% 0.09% 8.04% 8.37%
           
Financial Status          
Continuing Operations          
Interest Cover - Continuing (7.81) 7.67 7.71 5.82 n/a
Revenue per Share 1,224.00p 1,225.84p 11.34p 1,127.56p 1,132.97p
Pre-Tax Profit Per Share - Continuing (749.03p) 485.50p 4.24p 378.61p 404.38p
           
Market Data          
Continuing Operations          
Earnings Per Share Growth - Basic n/a 17% 12% -9% 3%
Earnings Per Share Growth - Diluted n/a 17% 12% -9% 3%
PE Ratio - Company Adjusted n/a 9.0 8.8 9.7 10.5
PEG - Company Adjusted n/a 0.5 0.7 n/a 3.5
Dividend Cover (2.66) 1.67 1.45 1.33 1.46
Continuing Operations & Discontinued Operations          
Earnings per Share - Company Adjusted n/a 11,631% -99% -6% 0%
Earnings per Share - Diluted n/a 11,625% -99% -6% 0%
PE Ratio - Company Adjusted n/a 9.0 876.7 9.7 10.8
PEG - Company Adjusted n/a 0.0 n/a n/a n/a
Dividend Cover (2.66) 1.67 0.01 1.33 1.42
           
Market Capitalisation £ (Millions) 56,391.66 80,622.10 67,151.64 61,904.88 79,382.46
Dividend per Share 235.52p 218.80p 215.60p 210.40p 210.40p
Dividend Yield 10.3% 6.7% 7.9% 7.8% 6.5%
Dividend per Share Growth 7.64% 1.48% 2.47% n/a 3.65%

Key

* GAAP

a. Includes discontinued activities

b. Includes preference dividends

c. Not disclosed under IFRS

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: Forecast figures based on normalised accounts.

 

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