Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Imperial Brands's Enterprise Value is €37,966 Mil.
Imperial Brands's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €3,575 Mil. Therefore, Imperial Brands's EV-to-EBIT ratio for today is 10.62.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Imperial Brands's Enterprise Value is €37,966 Mil.
Imperial Brands's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was €4,471 Mil. Therefore, Imperial Brands's EV-to-EBITDA ratio for today is 8.49.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Imperial Brands's Enterprise Value is €37,966 Mil.
Imperial Brands's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was €37,202 Mil. Therefore, Imperial Brands's EV-to-Revenue ratio for today is 1.02.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Imperial Brands's Enterprise Value is €37,966 Mil.
Imperial Brands's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €3,601 Mil. Therefore, Imperial Brands's EV-to-FCF ratio for today is 10.54.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Imperial Brands (STU:ITBA) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Imperial Brands's current Enterprise Value is €37,966 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Imperial Brands's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €3,575 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Imperial Brands's current Enterprise Value is €37,966 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Imperial Brands's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was €4,471 Mil.
Imperial Brands's current Enterprise Value is €37,966 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Imperial Brands's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was €37,202 Mil.
Imperial Brands's current Enterprise Value is €37,966 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Imperial Brands's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was €4,059 Mil.
Imperial Brands's current Enterprise Value is €37,966 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Imperial Brands's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €3,601 Mil.
* 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.
Imperial Brands Enterprise Value Related Terms
Imperial Brands Enterprise Value Historical Data
* Premium members only.
The historical data trend for Imperial Brands's Enterprise Value 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.
STU:ITBA vs PM, MO, TPB: Enterprise Value Comparison
For the Tobacco subindustry, Imperial Brands's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.
Imperial Brands Enterprise Value vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, Imperial Brands's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Imperial Brands's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Imperial Brands's Enterprise Value for the fiscal year that ended in Sep. 2025 is calculated as
* 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.
Imperial Brands (STU:ITBA) has a Enterprise Value of €37,966 Mil as of Jun. 28, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Imperial Brands and its competitors.
Is Imperial Brands' Enterprise Value too high?
Imperial Brands' current Enterprise Value is €37,966 Mil. Overall, Imperial Brands has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Imperial Brands' Enterprise Value compare to PM and MO?
Imperial Brands' Enterprise Value of €37,966 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 Enterprise Value for a Tobacco Products company?
A good Enterprise Value depends on the Tobacco Products industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Imperial Brands and its competitors. Imperial Brands's current Enterprise Value is €37,966 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?
Imperial Brands (STU:ITBA) has a current Enterprise Value of €37,966 Mil. The stock's GF Value™ is €20.71, compared to a current price of €32.40 — trading 56.4% above its estimated fair value. The current Enterprise Value is €37,966 Mil. Imperial Brands' overall GF Score™ is 72/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Imperial Brands (STU:ITBA), the current Enterprise Value is €37,966 Mil as of Jun. 28, 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 €32.40 is trading 56.4% above its estimated GF Value™ of €20.71.
Key valuation signals for STU:ITBA:
Enterprise Value: €37,966 Mil
GF Value™: €20.71 vs. price of €32.40 (56.4% 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.
72GF Score
Get the complete analysis for STU:ITBA
Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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