British American Tobacco (FRA:BMTA) Debt-to-Revenue : 1.30 (As of Dec. 2025)


FRA:BMTA British American Tobacco PLC FRA:BMTA
71 GF Score
Price €52.00
GF Value €31.65
Valuation Significantly Overvalued
! 6 Warning Signs
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What is British American Tobacco Debt-to-Revenue?

British American Tobacco FRA:BMTA +2.97% 71 Debt-to-Revenue is 1.30 as of Dec. 2025. GuruFocus rates FRA:BMTA with a GF Score™ of 71/100 and a GF Value™ of €31.65 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Debt-to-Revenue measures a company's ability to pay off its debt.

British American Tobacco's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €3,844 Mil. British American Tobacco's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €36,250 Mil. British American Tobacco's annualized Revenue for the quarter that ended in Dec. 2025 was €30,961 Mil. British American Tobacco's annualized Debt-to-Revenue for the quarter that ended in Dec. 2025 was 1.29.

British American Tobacco Debt-to-Revenue Historical Data

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The historical data trend for British American Tobacco's Debt-to-Revenue 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.

British American Tobacco Debt-to-Revenue Chart

British American Tobacco Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.54 1.56 1.46 1.43 1.37

British American Tobacco Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.44 1.63 1.37 1.46 1.30

FRA:BMTA vs PM, MO, TPB: Debt-to-Revenue Comparison

For the Tobacco subindustry, British American Tobacco's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

British American Tobacco Debt-to-Revenue vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, British American Tobacco's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where British American Tobacco's Debt-to-Revenue falls into.


FRA:BMTA
71GF Score
British American Tobacco PLC FRA:BMTA
Debt-to-Revenue is just one metric. See GF Score™, valuation, warning signs, and more.
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British American Tobacco Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

British American Tobacco's Debt-to-Revenue for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(3843.572 + 36249.842) / 29278.367
=1.37

British American Tobacco's annualized Debt-to-Revenue for the quarter that ended in Dec. 2025 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(3843.572 + 36249.842) / 30961.216
=1.29

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is two times the quarterly (Dec. 2025) Revenue data.

Frequently Asked Questions Learn more about Debt-to-Revenue →
What does a Debt-to-Revenue of 1.30 mean?
British American Tobacco (FRA:BMTA) has a Debt-to-Revenue of 1.30 as of Dec. 2025.
Is British American Tobacco's Debt-to-Revenue too high?
British American Tobacco's current Debt-to-Revenue is 1.30. Overall, British American Tobacco has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does British American Tobacco's Debt-to-Revenue compare to PM and MO?
British American Tobacco's Debt-to-Revenue of 1.30 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 Debt-to-Revenue for a Tobacco Products company?
A good Debt-to-Revenue depends on the Tobacco Products industry context. However, Debt-to-Revenue 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 Debt-to-Revenue mean?
A high Debt-to-Revenue can signal that a stock is expensive relative to its fundamentals. British American Tobacco's current Debt-to-Revenue is 1.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is British American Tobacco stock overvalued right now?
Based on GuruFocus' analysis, British American Tobacco (FRA:BMTA) is currently considered Significantly Overvalued. The stock's GF Value™ is €31.65, compared to a current price of €52.00 — trading 64.3% above its estimated fair value. The current Debt-to-Revenue is 1.30. British American Tobacco's overall GF Score™ is 71/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Revenue calculated?
Debt-to-Revenue is calculated from a company's financial statements. For British American Tobacco (FRA:BMTA), the current Debt-to-Revenue is 1.30 as of Dec. 2025. 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 British American Tobacco (FRA:BMTA) Overvalued in 2026?

Based on GuruFocus' analysis, British American Tobacco stock appears to be overvalued. The current stock price of €52.00 is trading 64.3% above its estimated GF Value™ of €31.65. GuruFocus considers British American Tobacco to be Significantly Overvalued.

Key valuation signals for FRA:BMTA:

  • Debt-to-Revenue: 1.30
  • GF Value™: €31.65 vs. price of €52.00 (64.3% above fair value)
  • GF Score™: 71/100 with 6 warning signs

No single metric tells the full story. See the FRA:BMTA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

British American Tobacco Business Description

Address Globe House, 4 Temple Place, London, GBR, WC2R 2PG
The third-largest tobacco company by volume, British American Tobacco sold 465 billion cigarettes in 2025. Its leading brands are Dunhill, Kent, Pall Mall, Lucky Strike, and Rothmans in cigarettes. Its ownership of the Camel, Natural American Spirit, and Newport brands are limited to the US. In next-generation products, the company has the Vuse brand in vaping, Glo in heated tobacco, and Velo in modern oral tobacco. The company also owns a 22.9% stake in ITC limited, the largest Indian cigarette company.
71GF Score

Get the complete analysis for FRA:BMTA

Debt-to-Revenue is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€52.00
Price
€31.65
GF Value