Imperial Brands PLC (IMB) is a leading tobacco business based in the UK. It opened the day at 1581p after a previous close of 1571p. During the day the price has varied from a low of 1565p to a high of 1588.5p. The latest price was 1573p (25 minute delay). Imperial Brands is listed on the London Stock Exchange (LSE) and employs 32,500 staff. All prices are listed in pence sterling.
Since the stock market crash in March caused by coronavirus, Imperial Brands's share price has had significant negative movement.
Its last market close was 1288p, which is 25.51% down on its pre-crash value of 1729p and 2.37% up on the lowest point reached during the March crash when the shares fell as low as 1258.2p.
If you had bought £1,000 worth of Imperial Brands shares at the start of February 2020, those shares would have been worth £657.60 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth £663.58.
|52-week range||1164.2717p - 1946.0015p|
|50-day moving average||1477.4412p|
|200-day moving average||1389.8978p|
|Wall St. target price||3018.82p|
|Dividend yield||1.92p (12.44%)|
|Earnings per share (TTM)||158.1p|
|1 week (2021-01-15)||-3.76%|
|1 month (2020-12-22)||2.08%|
|3 months (2020-10-22)||23.47%|
|6 months (2020-07-22)||14.61%|
|1 year (2020-01-22)||-19.44%|
|2 years (2019-01-22)||-36.29%|
|3 years (2018-01-22)||-47.12%|
|5 years (2016-01-22)||-55.77%|
Valuing Imperial Brands stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Imperial Brands's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Imperial Brands's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 10x. In other words, Imperial Brands shares trade at around 10x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the FTSE 250 at the end of September 2019 (19.71). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Imperial Brands's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.4812. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Imperial Brands's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Imperial Brands's EBITDA (earnings before interest, taxes, depreciation and amortisation) is a whopping £3.7 billion.
The EBITDA is a measure of a Imperial Brands's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||£16.6 billion|
|Operating margin TTM||17.85%|
|Gross profit TTM||£6.2 billion|
|Return on assets TTM||5.66%|
|Return on equity TTM||28.07%|
|Market capitalisation||£14.6 billion|
TTM: trailing 12 months
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Imperial Brands.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Total ESG risk: 31.19
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Imperial Brands's overall score of 31.19 (as at 01/01/2019) is nothing to write home about – landing it in it in the 54th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Imperial Brands is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Environmental score: 10.39/100
Imperial Brands's environmental score of 10.39 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that Imperial Brands is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Social score: 21.2/100
Imperial Brands's social score of 21.2 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that Imperial Brands is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Governance score: 11.6/100
Imperial Brands's governance score puts it squarely in the 8th percentile of companies rated in the same sector. That could suggest that Imperial Brands is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Controversy score: 3/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. A high-profile company, Imperial Brands scored a 3 out of 5 for controversy – a middle-of-the-table result reflecting that Imperial Brands hasn't always managed to keep its nose clean.
|Total ESG score||31.19|
|Total ESG percentile||54.3|
|Environmental score percentile||8|
|Social score percentile||8|
|Governance score percentile||8|
|Level of controversy||3|
Dividend payout ratio: 5677.22% of net profits
Recently Imperial Brands has paid out, on average, around 5677.22% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 12.44% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Imperial Brands shareholders could enjoy a 12.44% return on their shares, in the form of dividend payments. In Imperial Brands's case, that would currently equate to about 1.92p per share.
Imperial Brands's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
The latest dividend was paid out to all shareholders who bought their shares by 18 February 2021 (the "ex-dividend date").
Over the last 12 months, Imperial Brands's shares have ranged in value from as little as 1164.2717p up to 1946.0015p. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (LSE average) beta is 1, while Imperial Brands's is 0.4398. This would suggest that Imperial Brands's shares are less volatile than average (for this exchange).
Imperial Brands PLC, together with its subsidiaries, manufactures, imports, markets, and sells tobacco and tobacco-related products. It offers a range of cigarettes, fine cut and smokeless tobacco, papers, and cigars; and next generation product (NGP) portfolio, such as e-vapour products, as well as oral nicotine and heated tobacco products. The company sells its products under various brands, including Davidoff, Gauloises, JPS, West, L&B, Bastos, Fine, Winston, News, Parker & Simpson, blu, Kool, Horizon, Jade, Cohiba, Montecristo, Romeo Y Julieta, Backwoods, Skruf, Golden Virginia, Rizla, and Knox in approximately 160 countries worldwide. It also provides logistics services that include the distribution of tobacco and NGP products for tobacco and NGP product manufacturers; and various non-tobacco and NGP products and services. In addition, the company is involved in the management of a golf course; marketing of papers; restaurant business; distribution of pharmaceuticals, POS software, and published materials and other products; printing and publishing activities; and provision of long haul transportation, industrial parcel and express delivery, advertising, and support management services. Further, it owns the trademarks; and retails its products. The company was formerly known as Imperial Tobacco Group PLC and changed its name to Imperial Brands PLC in February 2016. Imperial Brands PLC was founded in 1901 and is headquartered in Bristol, the United Kingdom.