Value Sense
PM

Philip Morris International Inc. (PM)

Last Price$158.82.3%
Market Cap$244.8B

PM Rating

PM Quality rating
7.1
How this score works?
PM Quality rating performance

PM Intrinsic Value

Key Highlights:
Relative Value vs Current Share Price
As of Mar 03, 2025 PM Relative Value is $92.4, which is overvalued by 41.8%, compared to current share price of $158.8.
DCF Value vs Current Share Price
As of Mar 03, 2025 PM DCF Value is $241.5, which is undervalued by 52.1%, compared to current share price of $158.8.
Methodology
Price per share, $
PM
Intrinsic value$170.7
Undervalued by7.5%
Current share price
158.8
Relative value
92.4
DCF value
241.5

PM Share Price History

1W 1.6%
1M 21.8%
6M 29.2%
YTD 74.5%
1Y 84.6%
3Y 81.1%
5Y 149.3%
10Y 220.1%
Share Price
Intrinsic Value
Drawdown
Total Return
vs SP500
vs NASDAQ
Crunching data... Almost there!

PM Stock Metrics

Key stats
Income statement
Balance sheet
Cash Flow Statement
Valuation
Ratios
Per share
Per employee
Dividends & Yields
Base
Market Cap
$244.8B
Enterprise Value
$286.3B
LTM Revenue
$37.8B
LTM Free Cash Flow
$10.8B
Shares Outstanding
1,542M
Employees
83K
Growth (CAGR)
Revenue 5Y
4.9%
Operating Income 5Y
3.8%
EPS 5Y
(0.39%)
Free Cash Flow 5Y
3.1%
Forward Revenue 2Y
4.8%
Forward EPS 2Y
53.53%
Profitability
Gross margin
64.2%
EBIT margin
34.7%
Net income margin
18.7%
OCF margin
32.3%
FCF margin
28.5%
FCF / Net Income
148.2%
Intrinsic Value
Intrinsic Value
$170.7 (7.5% undervalued)
DCF Value
$246.9
Relative Value
$94.5
Peter Lynch fair value
$153.0
Ben Graham fair value
$235.2
Reverse DCF (implied FCF growth)
(2.9%)
EPV, % of EV
69.0%
Valuation (LTM)
EV / Revenue
7.6x
EV / EBIT
21.8x
P / FCF
22.7x
P / E
34.7x
P / BV
(24.8x)
PEG
0.6x
FCF Yield
4.4%
Return on Capital
ROE
(82.7%)
ROA
11.3%
ROIC
21.7%
ROCE
24.5%
ROE 5Y avg
(104.2%)
ROIC 5Y avg
32.5%
ROCE 5Y avg
32.5%
Financial Health
Cash & Short-term Investments
$4,216.0M
Net Debt
$41.5B
Net Debt / FCF
3.9x
EBIT / Interest
7.4x
Total Debt / Equity
(463.0%)
Dividends
Dividends per share (DPS)
$5.2
DPS 5Y CAGR
8.5%
Dividend Yield
3.3%
FCF Payout ratio
76.1%
Ex-dividend date
Dec 26, 2024
Earnings
Next earnings date
Apr 21, 2025
Last Revenue surprise
BEAT by 2.4%
Last EPS surprise
BEAT by 4.7%
Next EPS YoY growth
28.2%
Last 10 earnings
9 Beat & 1 Miss

PM Stock Financials

PM Income Statement Metrics

Annual
Quarterly
LTM

Revenue

$37.9B +7.7% YoY

Operating Income

$13.4B +5.6% YoY

Net Income

$7.1B -9.4% YoY

PM Cash Flow Statement Metrics

Annual
Quarterly
LTM

Operating Cash Flow (OCF)

$12.2B +32.7% YoY

Capital Expenditure (CAPEX)

$0.0 +9.3% YoY

Free Cash Flow (FCF)

$12.2B +36.7% YoY

PM Income Statement Overview

Annual
Quarterly
LTM
Dec'15
Dec'16
Dec'17
Dec'18
Dec'19
Dec'20
Dec'21
Dec'22
Dec'23
Dec'24
Revenue
$37.9B 7.7% YoY
Gross profit
$24.5B 10.2% YoY
64.8% margin
Cost of revenue
$13.3B 3.4% YoY
Operating income
$13.4B 5.6% YoY
35.4% margin
Other: $60.0M
Net interest: $1,143.0M
Operating expenses
$11.1B 4.9% YoY
Pre-tax income
$12.2B 15.0% YoY
32.2% margin
Net income
$7,057.0M (9.4%) YoY
18.6% margin
Income tax
$2,380.0M
19.5% tax rate
SG&A
$11.1B 10.3% YoY
29.4% of revenue

PM Balance Sheet Overview

Annual
Quarterly
LTM
Dec'15
Dec'16
Dec'17
Dec'18
Dec'19
Dec'20
Dec'21
Dec'22
Dec'23
Dec'24
Assets
Liabilities
Total assets
$61.8B
Current assets ($20.2B, 32.6% of total)
Cash & ST investments
$4,216.0M (6.8%)
Accounts receivables
$4,675.0M (7.6%)
Other current assets
$11.3B (18.3%)
Non-current assets ($41.6B, 67.4% of total)
Long-term investments
$2,654.0M (4.3%)
Intangible assets
$11.3B (18.3%)
Other non-current assets
$20.3B (32.9%)
Financial position
Net Debt
$41.5B
$4,216.0M$45.7B
Cash & Short-term Investments
Total Debt
Quick ratio
0.4x
Net Debt to Free Cash Flow
3.4x
Debt to Equity ratio
(463.0%)

PM Stock Ratios

Annual
Quarterly
LTM
Industry Median
5Y Historical Average
Benchmark
Revenue growth
EPS growth
Gross margin
Free Cash Flow margin
Net Debt to FCF
FCF to Interest
ROIC
Shareholder yield

PM Earnings Surprises

Crunching data... Almost there!

PM Dividends

PM Dividend Yield

Crunching data... Almost there!

PM Dividend Per Share

3Y
10Y
30Y
Annual
Quarterly
LTM
1Y Growth
8.0%
3Y CAGR
8.2%
5Y CAGR
8.5%
10Y CAGR
8.5%

Competing with PM

Overview
Ratings
Intrinsic Value
Valuation
Growth
Profitability
Health
Capital allocation
Momentum
Earnings
Dividends
Company name
Market Cap
Quality rating
Intrinsic value
1Y Return
Revenue
Free Cash Flow
Revenue growth
FCF margin
Gross margin
ROIC
Total Debt to Equity
PM
$244.8B
7.1
$170.7
7.5% undervalued
84.6%
$37.8B
$10.8B
7.5%
28.5%
64.2%
21.7%
(463.0%)
MO
$96.2B
7.1
$89.0
55.3% undervalued
56.6%
$20.4B
$5,318.0M
(4.9%)
26.0%
70.3%
70.1%
(2,208.6%)
BTI
$88.4B
5.2
$81.0
103.7% undervalued
47.8%
£26.2B
£10.0B
(52.1%)
38.3%
81.6%
(45.9%)
0.0%
RLX
$2,867.5M
5.9
$1.3
44.7% overvalued
20.4%
CN¥2,229.9M
CN¥649.7M
80.6%
29.1%
28.9%
(101.8%)
0.2%
VGR
$2,304.6M
6.5
$29.1
94.4% undervalued
44.8%
$1,420.9M
$210.9M
(1.4%)
14.8%
33.4%
96.1%
(194.9%)
UVV
$1,340.7M
5.4
$107.5
99.2% undervalued
20.0%
$2,827.9M
($104.0M)
6.4%
(3.7%)
19.2%
7.6%
84.9%
TPB
$1,261.4M
7.3
$39.8
43.4% overvalued
168.6%
$460.2M
$71.0M
11.8%
15.4%
45.6%
15.4%
139.3%
ISPR
$262.9M
5.3
$750.9
16,512.2% undervalued
(55.9%)
$81.2B
$106.0M
57,383.9%
0.1%
19.0%
(0.0%)
5.1%
XXII
$25.9M
4.5
$895.5
49,925.2% undervalued
(99.5%)
$27.7M
($16.1M)
(61.7%)
(58.2%)
(33.2%)
(364.7%)
276.7%
KAVL
$3,572.8K
4.8
$3.4
333.7% undervalued
(59.9%)
$6,886.7K
($672.6K)
(47.4%)
(9.8%)
32.1%
(74.7%)
7.8%
GNLN
$1,091.5K
4.4
$222.8
34,178.1% undervalued
(86.6%)
$21.6M
($8,764.0K)
(72.1%)
(40.6%)
7.5%
(93.2%)
115.1%

FAQ

What is Philip Morris International Inc. (PM) stock rating?

As of today, Philip Morris International Inc. has a stock rating of 7 (out of 10), which is considered Great.

is Philip Morris International Inc. (PM) a good stock to buy?

As of today, Philip Morris International Inc. has a Great stock rating, which is 7.5% undervalued. According to Value Sense backtesting, stocks with similar profile tend to outperform the market by 12.8%.