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Philip Morris International Inc. (PM)

New York Stock Exchange Consumer Defensive TobaccoView data quality →
53.7Fair

ValueMarkers Composite Index

Top 49%#22,776 of 44,714
Undervalued

27% below intrinsic value ($223)

UndervaluedFair ValueOvervalued
Piotroski
7/9
Strong
Beneish
-2.40
Low Risk
Altman
3.97
Safe
DCF Value
$223
Undervalued
ROIC
25.6%
Strong
P/E
22.3
Fair
Updated: ·Source: Data sourced from SEC filings and institutional providers. Not financial advice.·Report data issue

Philip Morris International Inc. (PM) — VMCI valuation read

Headline read on PM: VMCI of 54/100 versus a Consumer Defensive sector median of 50. The 4-point above-median position is what makes Philip Morris International Inc. a relative-value candidate in the mid-cap cohort, before any pillar-level review.

Form 4 filings on PM: zero in the trailing 30 days. The absence of insider transactions is itself a data point, just a low-information one. The thesis runs on financials and price action until that changes.

**Investor frame.** Three reads on PM: value (PM trades at 19.0x earnings, 6% above the Consumer Defensive median of 18.0x), quality (ROIC of 11.0% sits 1.0pp above the Consumer Defensive median (10.0%)), and risk (net debt to EBITDA of 3.3x is the binding constraint on the bear case). The value read also implies an EV/EBITDA gap of +4.0x against the Consumer Defensive 12.0x baseline.

PM fell 2.7% over the trailing 7 days, with a -20.4% read on a 30-day basis.

Philip Morris International Inc. operates as a tobacco company working to delivers a smoke-free future and evolving portfolio for the long-term to include products outside of the tobacco and nicotine sector. The company's product portfolio primarily consists of cigarettes and smoke-free products, including heat-not-burn, vapor, and oral nicotine products that are sold in markets outside the United States. The company offers its smoke-free products under the HEETS, HEETS Creations, HEETS Dimensions, HEETS Marlboro, HEETS FROM MARLBORO, Marlboro Dimensions, Marlboro HeatSticks, Parliament HeatSticks, and TEREA brands, as well as the KT&G-licensed brands, Fiit, and Miix. It also sells its products under the Marlboro, Parliament, Bond Street, Chesterfield, L&M, Lark, and Philip Morris brands. In addition, the company owns various cigarette brands, such as Dji Sam Soe, Sampoerna A, and Sampoerna U in Indonesia; and Fortune and Jackpot in the Philippines. The company sells its smoke-free products in 71 markets. Philip Morris International Inc. was incorporated in 1987 and is headquartered in New York, New York.

CEO: Jacek Olczak83,100 employeesUSwww.pmi.com

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