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Philip Morris International Inc (PHMO34) Fair Value & Analysis

Consumer Defensive · BR · Market cap R$1.5T

PM Philip Morris International Inc PHMO34 · SA
PriceR$489.51
Fair ValueR$56.33
Upside-88.5%
Quality74/100
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Evidence: High Range R$35.06 – R$73.94 📤 Share as image

Fair value as of: Jul 18, 2026

From 24 valuation models · updated 4 days ago

Share price +5.7% over the past month.

Price vs Fair Value (12 months)

R$492.16 R$382.23 Fair Value R$56.33 Jul 2025 Jul 2026

12‑month range R$382.23 – R$492.16 · fair‑value band R$35.06 – R$73.94 · the R$489.51 price screens above the R$56.33 fair value. As of Jul 18, 2026.

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Analysis

Philip Morris International Inc (PHMO34) currently trades at R$489.51, while our model-based Fair Value estimate is R$56.33, implying the stock looks roughly 88.5% overvalued today. We read business quality at 74/100 (solid quality), in the Consumer Defensive sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Philip Morris International Inc generated revenue of R$41.5B at a net margin of 26.7%. Revenue grew 9.1% year over year. Net debt stands at R$44.0B. The stock trades on a trailing P/E of 25.1. Fundamentals as of Jul 18, 2026

Our scenario range runs from R$35.06 (bear case) to R$73.94 (bull case); at R$489.51, the current price sits above that range. The share trades about 3% below its 52-week high and 26% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at 0% fair-value upside, at -88%, PHMO34 screens richer than that median.

Key figures & financial health

Revenue (TTM) R$41.5B
Revenue growth (YoY) +9.1%
Net margin 26.7%
Free cash flow R$10.7B FY2025
P/E ratio 26.6
Operating margin 36.0%
More key figures
EPS (TTM) R$18.40
Dividend yield 1.2%
EPS growth (YoY) -9.3%
Net debt R$44.0B FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 18, 2026. TTM = trailing twelve months.

About the company

Philip Morris International Inc. operates as a tobacco company. The company offers cigarettes and smoke-free products, including heat-not-burn, e-vapor, and oral nicotine products under the IQOS, VEEV, and ZYN brands; and consumer accessories, such as lighters and matches. It also offers wellness products. The company was incorporated in 1987 and is headquartered in Stamford, Connecticut.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Philip Morris International Inc reported revenue of R$40.6B in FY2025 versus R$31.4B in FY2021, a compound +6.7%/yr. Reported net income was R$11.3B in FY2025, compounding +5.6%/yr from FY2021.

Revenue +6.7%/yr
FY21 R$31.4B
FY22 R$31.8B
FY23 R$35.3B
FY24 R$37.9B
FY25 R$40.6B
Net income +5.6%/yr
FY21 R$9.1B
FY22 R$9.0B
FY23 R$7.8B
FY24 R$7.1B
FY25 R$11.3B

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Cite: Fair Value Calculator (2026). "Philip Morris International Inc Fair Value". https://www.fairvalue-calculator.com/stock/PHMO34

Recent news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection, not financial advice.

Similar stocks

10 more Tobacco stocks, each showing price versus our Fair Value estimate (as of Jul 18, 2026).

Stock Price Fair Value vs Fair Value
British American Tobacco p.l.c. BMT €51.60 €46.93 -9%
Altria Group MO 1,253 MXN 1,259 MXN +0%
Japan Tobacco Inc JAPAF $34.75 $26.18 -25%
ITC Limited ITC ₹291.25 ₹291.49 +0%
Imperial Brands PLC IMBBY $36.75 $56.53 +54%
KT&G Corporation 033780 174,900 KRW 106,289 KRW -39%
Smoore International Holdings SMORF $0.9833 $0.5200 -47%
PT Hanjaya Mandala Sampoerna Tbk, HMSP 620.00 IDR 874.33 IDR +41%
Godfrey Phillips India Limited GODFRYPHLP ₹2,171 ₹1,384 -36%
PT Gudang Garam Tbk, GGRM 15,000 IDR 23,406 IDR +56%

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Frequently asked questions

Is Philip Morris International Inc (PHMO34) undervalued?
As of Jul 18, 2026, our model estimates a fair value of R$56.33 versus a price of R$489.51, about −88% (overvalued). Model-based estimate, not financial advice.
What is the fair value of PHMO34?
Our model-based fair value for Philip Morris International Inc is R$56.33 (as of Jul 18, 2026), built from audited fundamentals. The current price is R$489.51.
What is the quality score of PHMO34?
Philip Morris International Inc has a Quality Score of 74/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Philip Morris International Inc (PHMO34)?
Philip Morris International Inc reported trailing-twelve-month revenue of about R$41.5B (latest available figure, as of Jul 18, 2026).
What is the net profit margin of PHMO34?
The net profit margin of Philip Morris International Inc is about 26.7%, meaning it keeps roughly 26.7% of revenue as net income. Based on the latest reported figures.
Does Philip Morris International Inc pay a dividend?
Philip Morris International Inc currently shows a dividend yield of about 1.33% relative to its recent price (as of Jul 18, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.