British American Tobacco p.l.c. (BTAFF)

Consumer · PNK

$54.01-2.54% today

Price as at 30 Sept 2026, 16:43 UTC. Quotes are delayed.

Fundamentals

Market cap$129.26B
P/E ratio12.8
Dividend yield5.61%
Revenue growth (YoY)+0.1%
Profit margin30.3%
Return on equity15.8%
52-week range$49.75 to $69.57

Valuation and ratings

Fair value estimate$40.40
Upside to fair value-25.2%
Moat score78/100
Overall rating54/100, moderate quality

Fair value: $40.40 (-25.2%), see how we got there

British American Tobacco p.l.c. trades at $54.01, which is 25% above the $40.40 our fair value estimate puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.

Our moat model scores it 78 out of 100, which is a wide moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.

It changes hands at 12.8 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.

BTAFF dividend history

Dividend yield5.61%
Paid, trailing 12 months$3.26 per share
Most recent payment$0.820, ex 9 Jul 2026
5-year growth (p.a.)+3.7%
Consecutive years of growth3
Consecutive years paid7

Dividends per share by year

YearTotal per sharePayments
2026 (year to date)$1.642
2025$3.214
2024$3.024
2023$2.894
2022$2.624
2021$2.924
2020$2.684
2019$3.254
2017$1.312
2016$1.491
2015$2.542

Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.

About British American Tobacco p.l.c.

British American Tobacco p.l.c. provides tobacco and nicotine products to consumers in the United States, Europe, Latin America, Canada, the Asia-Pacific, the Middle East, Central Asia, Caucasus, and Africa. The company offers vapour products; heated products, which consists of a battery-powered device and a plant-based substance consumable that is heated; modern oral products, such as nicotine pouches; combustibles, including cigarette sticks and other tobacco stick products; traditional oral products, such as snus and moist snuff; and fine cut/roll-your-own tobacco products. It sells its products under the Vuse, glo, Velo, Grizzly, Kodiak, Dunhill, Kent, Lucky Strike, Pall Mall, Rothmans, Newport, Natural American Spirit, and Camel Snus brands, as well as Vogue, Viceroy, Kool, Peter Stuyvesant, Craven A, and State Express 555 brands. The company distributes its products to retail outlets. British American Tobacco p.l.c. was founded in 1902 and is headquartered in London, the United Kingdom.

Industry: TobaccoEmployees: 47,797HQ: United Kingdom

Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.

BTAFF passes 6 of our 30 screens today

Each screen prints the exact criteria it used, and the circumstances in which it is wrong.

BTAFF peers

The largest companies in the same industry (Tobacco), then in the same sector.

Every consumer company we cover is on the Consumer hub.

Common questions

Is British American Tobacco p.l.c. (BTAFF) undervalued?

Against our fair value estimate of $40.40, BTAFF at $54.01 is 25% above fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.

What is BTAFF's P/E ratio?

BTAFF trades at 12.8 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.

Does British American Tobacco p.l.c. (BTAFF) pay a dividend?

Yes. British American Tobacco p.l.c. yields 5.61% at the current share price. It has paid $3.26 per share over the trailing twelve months. It has paid a dividend in each of the last 7 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.

Where does SteadyShares get its BTAFF data?

Fundamentals for BTAFF come from company filings and exchange data, as listed on PNK; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 30 Sept 2026, 16:43 UTC and is delayed. Our data quality score for this company is 96/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.

The full research page for BTAFF, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.

Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.