British Z Score
BTI  Stock  USD 41.95 0.24 0.57% 
British  Z Score 
British Z Score Analysis
British Amer's ZScore is a simple linear, multifactor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..2019  2020  2021  2022 (projected)  
Consolidated Income  5.85 B  6.56 B  6.97 B  8.55 B 
Direct Expenses  4.44 B  4.14 B  4.38 B  3.92 B 
Z Score  =  Sum Of   5 Factors 
Current British Amer Z Score  2.6 
Most of British Amer's fundamental indicators, such as Z Score, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, British American Tobacco is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
 
 
 
 

British Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for British Amer is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since British Amer's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of British Amer's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of British Amer's interrelated accounts and indicators.
Click cells to compare fundamentals
To calculate ZScore one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. ZScore can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with ZScores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a socalled 'grey area' with scores of less than 1, indicating the high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
Compare to competition 
In accordance with the company's disclosures, British American Tobacco has a Z Score of 2.6. This is 71.3% lower than that of the Tobacco sector and 19.25% lower than that of the Consumer Staples industry. The z score for all United States stocks is 70.18% higher than that of the company.
British Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses British Amer's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of British Amer could also be used in its relative valuation, which is a method of valuing British Amer by comparing valuation metrics of similar companies.British Amer is currently under evaluation in z score category among related companies.
British Amer Current Valuation Drivers
We derive many important indicators used in calculating different scores of British Amer from analyzing British Amer's financial statements. These drivers represent accounts that assess British Amer's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of British Amer's important valuation drivers and their relationship over time.
2017  2018  2019  2020  2021  2022 (projected)  
Net Income Per Employee  410.64 K  63.34 K  60.14 K  71.57 K  82.07 K  77.56 K  
Revenue Per Employee  222.01 K  257.16 K  272.83 K  288.24 K  309.94 K  251.09 K  
Average Assets  90.41 B  143.7 B  143.67 B  139.35 B  137.53 B  133.2 B  
Earnings Before Interest Taxes and Depreciation Amortization EBITDA  6.85 B  9.89 B  9.03 B  10.03 B  10.25 B  8.28 B  
Earnings Before Interest Taxes and Depreciation Amortization USD  42.36 B  13.44 B  14.32 B  16.03 B  13.97 B  15.54 B  
Earnings before Tax  29.36 B  8.17 B  7.77 B  8.51 B  8.99 B  9.85 B  
Average Equity  34.47 B  63.1 B  64.67 B  63.29 B  64.04 B  59.69 B  
Free Cash Flow  5.24 B  11.07 B  10.17 B  10.86 B  9 B  8.48 B  
Invested Capital  53.82 B  50.91 B  46.23 B  47.7 B  43.45 B  44.42 B  
Invested Capital Average  43.46 B  52.37 B  48.57 B  46.97 B  45.57 B  46.6 B  
Market Capitalization  164.55 B  78.26 B  104.3 B  92.09 B  91.9 B  96.8 B  
Tangible Asset Value  23.27 B  22.33 B  22.22 B  22.35 B  21.74 B  22.45 B  
Working Capital  (1.64 B)  (3.67 B)  (5.55 B)  (1.87 B)  (2.34 B)  (2.52 B) 
British Fundamentals
Return On Equity  0.08 %  
Return On Asset  0.0472 %  
Profit Margin  0.21 %  
Operating Margin  0.41 %  
Current Valuation  143.43 B  
Shares Outstanding  2.24 B  
Shares Owned by Insiders  0.26 %  
Shares Owned by Institutions  7.56 %  
Number of Shares Shorted  3.19 M  
Price to Earning  10.41 X  
Price to Book  1.02 X  
Price to Sales  3.59 X  
Revenue  25.68 B  
Gross Profit  21.09 B  
EBITDA  11.59 B  
Net Income  6.8 B  
Cash and Equivalents  280 M  
Cash per Share  1.83 X  
Total Debt  35.67 B  
Debt to Equity  0.60 %  
Current Ratio  0.88 X  
Book Value Per Share  32.61 X  
Cash Flow from Operations  9.72 B  
Short Ratio  1.20 X  
Earnings Per Share  2.88 X  
Price to Earnings To Growth  8.87 X  
Target Price  52.1  
Number of Employees  54.37 K  
Beta  0.44  
Market Capitalization  94.7 B  
Total Asset  137.37 B  
Retained Earnings  38.41 B  
Working Capital  (1.1 B)  
Current Asset  10.69 B  
Current Liabilities  11.79 B  
Z Score  2.6  
Annual Yield  0.07 %  
Five Year Return  6.48 %  
Net Asset  137.37 B  
Last Dividend Paid  2.18 
About British Amer Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze British American Tobacco's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of British Amer using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of British American Tobacco based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.British American Tobacco p.l.c. provides tobacco and nicotine products to consumers worldwide. British American Tobacco p.l.c. was incorporated in 1902 and is headquartered in London, the United Kingdom. British Amer operates under Tobacco classification in the United States and is traded on New York Stock Exchange. It employs 54365 people.
British Amer Investors Sentiment
The influence of British Amer's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decisionmaking process regarding taking a position in British. The overall investor sentiment generally increases the direction of a stock movement in a oneyear investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to British Amer's public news can be used to forecast risks associated with investment in British. The trend in average sentiment can be used to explain how an investor holding British can time the market purely based on public headlines and social activities around British American Tobacco. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
British Amer's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for British Amer's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average British Amer's news discussions. The higher the estimated score, the more favorable is the investor's outlook on British Amer.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards British Amer in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, British Amer's short interest history, or implied volatility extrapolated from British Amer options trading.
Pair Trading with British Amer
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if British Amer position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in British Amer will appreciate offsetting losses from the drop in the long position's value.Moving together with British Amer
+  0.66  CPB  Campbell Soup  Earnings Call Tomorrow  PairCorr 
The ability to find closely correlated positions to British Amer could be a great tool in your taxloss harvesting strategies, allowing investors a quick way to find a similarenough asset to replace British Amer when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back British Amer  that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling British American Tobacco to buy it.
The correlation of British Amer is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between 1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as British Amer moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if British American Tobacco moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for British Amer can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better riskadjusted return on your portfolios.Continue to British Amer Piotroski F Score and British Amer Valuation analysis. You can also try Commodity Channel Index module to use Commodity Channel Index to analyze current equity momentum.
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When running British American Tobacco price analysis, check to measure British Amer's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy British Amer is operating at the current time. Most of British Amer's value examination focuses on studying past and present price action to predict the probability of British Amer's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move British Amer's price. Additionally, you may evaluate how the addition of British Amer to your portfolios can decrease your overall portfolio volatility.
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Is British Amer's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of British Amer. If investors know British will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about British Amer listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY (0.43)  Market Capitalization 94.7 B  Quarterly Revenue Growth YOY 0.057  Return On Assets 0.0472  Return On Equity 0.0814 
The market value of British American Tobacco is measured differently than its book value, which is the value of British that is recorded on the company's balance sheet. Investors also form their own opinion of British Amer's value that differs from its market value or its book value, called intrinsic value, which is British Amer's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because British Amer's market value can be influenced by many factors that don't directly affect British Amer's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between British Amer's value and its price as these two are different measures arrived at by different means. Investors typically determine British Amer value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, British Amer's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.