Imperial BrandsMEX:IMB N 72 EV-to-FCF is 9.73 as of Jul. 04, 2026, which is 9% below its 10-year median of 10.74. GuruFocus rates MEX:IMB N with a GF Score™ of 72/100 and a GF Value™ of MXN394.75 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 32 Tobacco Products companies, Imperial Brands ranks better than 59.37% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Imperial Brands's Enterprise Value is MXN756,467 Mil.
Imperial Brands's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was MXN77,776 Mil. Therefore, Imperial Brands's EV-to-FCF for today is 9.73.
The historical rank and industry rank for Imperial Brands's EV-to-FCF or its related term are showing as below:
MEX:IMB N'
s EV-to-FCF Range Over the Past 10 Years
Min: -24.53 Med: 10.74 Max: 17.57
Current: 10.46
During the past 13 years, the highest EV-to-FCF of Imperial Brands was 17.57. The lowest was -24.53. And the median was 10.74.
MEX:IMB N's EV-to-FCF is ranked better than 59.37% of 32
companies
in the Tobacco Products industry
Industry Median: 14.16
vs MEX:IMB N: 10.46
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Imperial Brands's PE Ratio (TTM) for today is calculated as:
Imperial Brands's share price for today is MXN649.47.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Imperial Brands's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was MXN52.329.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Imperial Brands EV-to-FCF Related Terms
Imperial Brands EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Imperial Brands's EV-to-FCF 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.
For the Tobacco subindustry, Imperial Brands's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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 EV-to-FCF vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, Imperial Brands's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Imperial Brands's EV-to-FCF falls into.
Imperial Brands's current Enterprise Value is MXN756,467 Mil.
For company reported semi-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 MXN77,776 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 (MEX:IMB N) has a EV-to-FCF of 9.73 as of Jul. 04, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Imperial Brands and its competitors. This is near median its historical median of 10.74. According to the industry distribution chart, Imperial Brands ranks #13 out of 32 companies in the Tobacco Products industry, placing it in the top 40.6%.
Is Imperial Brands' EV-to-FCF too high?
Imperial Brands' current EV-to-FCF of 9.73 is near median its 10-year median of 10.74. The Tobacco Products industry median EV-to-FCF is 14.16. Imperial Brands' value of 9.73 is 31.3% below this industry median. Based on the distribution chart, Imperial Brands ranks #13 out of 32 companies in the Tobacco Products industry, which is above the industry midpoint. Overall, Imperial Brands has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Imperial Brands' EV-to-FCF compare to PM and MO?
According to the Tobacco Products industry distribution chart, Imperial Brands ranks #13 out of 32 companies for EV-to-FCF. This puts Imperial Brands in the upper half of its industry. The industry median EV-to-FCF is 14.16. Imperial Brands' value of 9.73 is 31.3% below this benchmark. While the company's 10-year median is 10.74 vs. the industry median of 14.16, Imperial Brands has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Tobacco Products company?
The median EV-to-FCF among Tobacco Products companies is 14.16, based on 32 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Imperial Brands's current EV-to-FCF of 9.73 is 31.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Imperial Brands and its competitors. For the Tobacco Products industry, the median EV-to-FCF is 14.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Imperial Brands's current EV-to-FCF is 9.73, which is near median its own 10-year median of 10.74. 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 (MEX:IMB N) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN394.75, compared to a current price of MXN649.47 — trading 64.5% above its estimated fair value. The current EV-to-FCF is 9.73, which is near median its 10-year median of 10.74 and 31.3% below the Tobacco Products industry median of 14.16. 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 EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Imperial Brands (MEX:IMB N), the current EV-to-FCF is 9.73 as of Jul. 04, 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 (MEX:IMB N) Overvalued in 2026?
Based on GuruFocus' analysis, Imperial Brands stock appears to be overvalued.
The current stock price of MXN649.47 is trading 64.5% above its estimated GF Value™ of MXN394.75.
GuruFocus considers Imperial Brands to be Significantly Overvalued.
Key valuation signals for MEX:IMB N:
EV-to-FCF: 9.73 (near median its 10-year median of 10.74)
GF Value™: MXN394.75 vs. price of MXN649.47 (64.5% above fair value)
Industry Position: 31.3% below the Tobacco Products median (#13 of 32)
No single metric tells the full story. See the MEX:IMB N 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
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