EN DE

TABAK Fair Value & Analysis

Consumer Defensive · CZ · Market cap 50.8B CZK

T TABAK TABAK · PR
Price18,480 CZK
Fair Value23,215 CZK
Upside+25.6%
Quality85/100
Watch TABAK for free, get notified when fair value or trend changes. Watch for free
Healthy Growth
Solidly profitable · 14.0% net margin
generates free cash flow
Mixed vs. peers (6/13)
Wide moat 79/100
Evidence: High Range 17,411 CZK – 29,019 CZK Share as image

Fair value as of: Jul 21, 2026

From 23 valuation models · updated 20 days ago

Share price +2.0% over the past month.

A strong business, screening 26% undervalued on our models.

What matters now

  • The rarer combination: high quality (85/100) AND below fair value. That earns a closer look rather than a quick verdict.
  • Our model range runs from 17,411 CZK (bear) to 29,019 CZK (bull), base 23,215 CZK. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 85/100 (high quality) with high evidence: the data supports the verdict.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

19,122 CZK 9,704 CZK Fair Value 23,215 CZK Mar 2021 Jun 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 21, 2026.

How to read this chart

60‑month range 9,704 CZK – 19,122 CZK · fair‑value band 17,411 CZK – 29,019 CZK · the 18,480 CZK price screens below the 23,215 CZK fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 21, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

TABAK (TABAK) currently trades at 18,480 CZK, while our model-based Fair Value estimate is 23,215 CZK, implying the stock looks roughly 25.6% undervalued today. The Quality Score stands at 85/100 (high quality), in the Consumer Defensive sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, TABAK generated revenue of 21.7B CZK at a net margin of 14.0%. Revenue declined 2.0% year over year. It earns a return on equity of 36.3%. The stock trades on a trailing P/E of 16.7. Fundamentals as of Jul 21, 2026

Our scenario range runs from 17,411 CZK (bear case) to 29,019 CZK (bull case); at 18,480 CZK, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 3% below its 52-week high and 13% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at 2% fair-value upside, at 26%, TABAK screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Residual Income 8,046 CZK 11,703 CZK 117,055 CZK 76
Growth DCF 51,857 CZK 70,975 CZK 96,978 CZK 72
Growth-Adj P/E 13,076 CZK 18,680 CZK 24,284 CZK 68
All 23 models by family
DCF Models
FCF DCF 50,437 CZK 70,915 CZK 99,963 CZK 38
Owner Earnings 16,256 CZK 21,848 CZK 29,780 CZK 31
5Y Revenue Exit 25,476 CZK 30,720 CZK 36,613 CZK 39
5Y EBITDA Exit 29,249 CZK 37,403 CZK 46,099 CZK 41
5Y P/E Exit 30,215 CZK 39,115 CZK 47,707 CZK 38
10Y Revenue Exit 34,193 CZK 40,588 CZK 47,581 CZK 36
10Y EBITDA Exit 36,785 CZK 45,096 CZK 54,469 CZK 37
10Y P/E Exit 37,388 CZK 46,251 CZK 55,636 CZK 35
Earnings-Based
Graham-Dodd 7,517 CZK 17,187 CZK 22,035 CZK 54
PEG = 1.0 2,863 CZK 4,090 CZK 5,317 CZK 46
EPV 13,584 CZK 15,279 CZK 16,762 CZK 59
Multiples
P/E Multiple 17,411 CZK 23,215 CZK 29,019 CZK 63
P/S Multiple 9,478 CZK 12,638 CZK 15,797 CZK 58
P/B Multiple 12,339 CZK 16,452 CZK 20,565 CZK 55
EV/EBIT 20,647 CZK 26,390 CZK 32,133 CZK 53
EV/EBITDA 19,089 CZK 24,314 CZK 29,538 CZK 54
EV/Revenue 11,711 CZK 15,265 CZK 18,819 CZK 43
Asset-Based
NCAV (Graham) 1,496 CZK 2,004 CZK 2,991 CZK 50
Growth DCF
Growth DCF 51,857 CZK 70,975 CZK 96,978 CZK 72
Rev-Margin DCF 25,476 CZK 31,276 CZK 36,436 CZK 67
Economic Profit
Residual Income 8,046 CZK 11,703 CZK 117,055 CZK 76
ROIC Compounder 13,584 CZK 15,279 CZK 16,762 CZK 67
Growth Earnings
Growth-Adj P/E 13,076 CZK 18,680 CZK 24,284 CZK 68

Widest divergence: DCF Models (39,115 CZK) versus Asset-Based (2,004 CZK). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 21.7B CZK
Revenue growth (YoY) -2.0%
Net margin 14.0%
Return on equity 36.3%
Free cash flow 12.2B CZK FY2025
P/E ratio 16.7
More key figures
Operating margin 16.4%
EPS (TTM) 1,107 CZK
EPS growth (YoY) -4.2%

Figures from reported company fundamentals · as of Jul 21, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 85/100

Of which business quality 84 · Market factors (momentum, volatility) 67

Profitability 90
Margins and returns on capital today
Quality Growth 32
Are margins and returns improving?
Cashflow 100
Earnings quality: real cash, not paper profit
Fin. Strength 93
Balance sheet, leverage, solvency risk
Investment 96
Disciplined investing over empire-building
Low Volatility 100
Calm price path (market factor)
Momentum 47
Price trend over the last 3–12 months (market factor)
52W Momentum 62
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Philip Morris CR a.s., through its subsidiary, Philip Morris Slovakia s.r.o., manufactures and markets tobacco products under the Marlboro, L&M, Philip Morris, Petra Klasik, and Sparta brands in the Czech Republic, the Slovak Republic, and internationally.

Full company description

Philip Morris CR a.s., through its subsidiary, Philip Morris Slovakia s.r.o., manufactures and markets tobacco products under the Marlboro, L&M, Philip Morris, Petra Klasik, and Sparta brands in the Czech Republic, the Slovak Republic, and internationally. It offers cigarettes and smoke-free products, including heated tobacco, e-vapor, and oral smokeless products. The company was founded in 1812 and is based in Prague, the Czech Republic. Philip Morris CR a.s. operates as a subsidiary of Philip Morris Holland Holdings B.V.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

TABAK reported revenue of 21.7B CZK in FY2025 versus 18.9B CZK in FY2021, a compound +3.5%/yr. Reported net income was 3.0B CZK in FY2025, compounding −3.6%/yr from FY2021.

Growth Quality 76/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
21.7B CZK
Latest YoY
+0.4%
Avg. growth/yr (3Y)
+1.2%
Avg. growth/yr (5Y)
+3.9%
Avg. growth/yr (6Y)
+4.0%
Revenue +3.5%/yr
FY21 18.9B CZK
FY22 20.9B CZK
FY23 20.6B CZK
FY24 21.6B CZK
FY25 21.7B CZK
Net income −3.6%/yr
FY21 3.5B CZK
FY22 3.6B CZK
FY23 3.3B CZK
FY24 3.3B CZK
FY25 3.0B CZK

Watch TABAK: get an alert when its fair value changes →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "TABAK Fair Value". https://www.fairvalue-calculator.com/stock/TABAK

Peer Group

Tobacco · 34 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 85 · Top 25%
Fair Value upside +26% · Above median
Return on equity (TTM) 36% · Top 25%
Return on assets 13% · Top 25%
Net margin (TTM) 14% · Below median
Operating margin (TTM) 16% · Above median
Revenue growth -2% · Below median
Dividend yield (TTM) 0.0% · Below median

Valuation Multiples vs Tobacco median · lower = cheaper

P/E (TTM) 16.7× · Pricier than median
P/B 6.18× · Pricier than 75% of peers
P/S (TTM) 2.34× · Pricier than median
P/FCF 0.2× · Cheaper than median
EV/EBITDA 9.8× · Pricier than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 67 · sector 35
FUTURE 0 · sector 17
PAST 100 · sector 44
HEALTH 0 · sector 99
DIVIDEND 0 · sector 74

Insider activity: 45/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

Tobacco

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Tobacco stocks, each showing price versus our Fair Value estimate (as of Jul 21, 2026).

Stock Price Fair Value vs Fair Value
Philip Morris International Inc PM $188.93 $103.71 -45%
British American Tobacco p.l.c. BTI $60.02 $61.14 +2%
Altria Group MO $68.44 $81.81 +20%
ITC Limited ITC ₹281.75 ₹282.04 +0%
KT&G Corporation 033780 179,900 KRW 119,073 KRW -34%
PT Hanjaya Mandala Sampoerna Tbk, HMSP 695.00 IDR 1,193 IDR +72%
Godfrey Phillips India Limited GODFRYPHLP ₹2,337 ₹1,194 -49%
PT Gudang Garam Tbk, GGRM 16,375 IDR 16,988 IDR +4%
China Tobacco International (HK) Company 6055 HK$23.00 HK$24.09 +5%
Universal Corporation UVV $53.14 $27.50 -48%

Compare TABAK with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Consumer Defensive stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is TABAK overvalued or undervalued?
As of Jul 21, 2026, our model estimates a fair value of 23,215 CZK versus a price of 18,480 CZK, about +26% (undervalued).
What is the fair value of TABAK?
Our model-based fair value for TABAK is 23,215 CZK (as of Jul 21, 2026), built from audited fundamentals. The current price is 18,480 CZK.
What is the quality score of TABAK?
TABAK has a Quality Score of 85/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of TABAK?
TABAK reported trailing-twelve-month revenue of about 21.7B CZK (latest available figure, as of Jul 21, 2026).
What is the net profit margin of TABAK?
The net profit margin of TABAK is about 14.0%, meaning it keeps roughly 14.0% of revenue as net income. Based on the latest reported figures.

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.

14 days Pro free · no card

Track TABAK and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.