Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Imperial Brands's Beginning Cash Position for the quarter that ended in Mar. 2026 was €1,660 Mil.
Imperial Brands's quarterly Beginning Cash Position
declined
from Mar. 2025 (€1,288 Mil) to Sep. 2025 (€690 Mil) but then
increased
from Sep. 2025 (€690 Mil) to Mar. 2026 (€1,660 Mil).
Imperial Brands's annual Beginning Cash Position
declined
from Sep. 2023 (€2,145 Mil) to Sep. 2024 (€1,603 Mil) and
declined
from Sep. 2024 (€1,603 Mil) to Sep. 2025 (€1,241 Mil).
Imperial Brands Beginning Cash Position Related Terms
Imperial Brands Beginning Cash Position Historical Data
* Premium members only.
The historical data trend for Imperial Brands's Beginning Cash Position can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Beginning Cash Position of €1,660 Mil mean?
Imperial Brands (STU:ITBA) has a Beginning Cash Position of €1,660 Mil as of Mar. 2026. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Imperial Brands and its competitors.
Is Imperial Brands' Beginning Cash Position too high?
Imperial Brands' current Beginning Cash Position is €1,660 Mil. Overall, Imperial Brands has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Imperial Brands' Beginning Cash Position compare to PM and MO?
Imperial Brands' Beginning Cash Position of €1,660 Mil can be compared against companies in the Tobacco Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Tobacco Products company?
A good Beginning Cash Position depends on the Tobacco Products industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Imperial Brands and its competitors. Imperial Brands's current Beginning Cash Position is €1,660 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Imperial Brands stock overvalued right now?
Based on GuruFocus' analysis, Imperial Brands (STU:ITBA) is currently considered Significantly Overvalued. The stock's GF Value™ is €17.83, compared to a current price of €32.80 — trading 84% above its estimated fair value. The current Beginning Cash Position is €1,660 Mil. Imperial Brands' overall GF Score™ is 66/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Imperial Brands (STU:ITBA), the current Beginning Cash Position is €1,660 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Imperial Brands (STU:ITBA) Overvalued in 2026?
Based on GuruFocus' analysis, Imperial Brands stock appears to be overvalued.
The current stock price of €32.80 is trading 84% above its estimated GF Value™ of €17.83.
GuruFocus considers Imperial Brands to be Significantly Overvalued.
Key valuation signals for STU:ITBA:
Beginning Cash Position: €1,660 Mil
GF Value™: €17.83 vs. price of €32.80 (84% above fair value)
No single metric tells the full story. See the STU:ITBA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Imperial Brands is the world's fourth-largest international tobacco company (excluding China National Tobacco), with total fiscal 2025 volume of 187 billion cigarettes sold in more than 120 countries. Its largest and most important markets are the US (where it sits as the third-largest manufacturer, following its acquisition of the Winston and Blu brands), Germany, the UK, Spain, and Australia. The firm also holds a leading global position in the fine-cut tobacco and hand-rolling paper categories. It has a logistics platform in Western Europe, Altadis.
66GF Score
Get the complete analysis for STU:ITBA
Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
STU:ITBA has been successfully added to your 
