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Philip Morris CR AS's quarterly net PPE
declined
from Dec. 2024 (Kč2,785 Mil) to Jun. 2025 (Kč2,633 Mil) but then
increased
from Jun. 2025 (Kč2,633 Mil) to Dec. 2025 (Kč2,951 Mil).
Philip Morris CR AS's annual net PPE
declined
from Dec. 2023 (Kč3,158 Mil) to Dec. 2024 (Kč2,785 Mil) but then
increased
from Dec. 2024 (Kč2,785 Mil) to Dec. 2025 (Kč2,951 Mil).
Philip Morris CR AS (XPRA:TABAK) Property, Plant and Equipment Explanation
A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.
Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.
Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.
Philip Morris CR AS Property, Plant and Equipment Related Terms
Philip Morris CR AS Property, Plant and Equipment Historical Data
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The historical data trend for Philip Morris CR AS's Property, Plant and Equipment 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.
Philip Morris CR AS Property, Plant and Equipment Chart
Philip Morris CR AS Property, Plant and Equipment Calculation
Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed assets are also known as non-current assets.
Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.
Some of the most common parts of property, plant, and equipment are:
Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:
Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars
There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.
The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.
For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.
All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.
The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.
What does a Property, Plant and Equipment of Kč2,951 Mil mean?
Philip Morris CR AS (XPRA:TABAK) has a Property, Plant and Equipment of Kč2,951 Mil as of Dec. 2025. The total property, plant and equipment recorded on a company's balance sheet less accumulated depreciation. View historical data on Philip Morris CR AS and its competitors.
Is Philip Morris CR AS's Property, Plant and Equipment too high?
Philip Morris CR AS's current Property, Plant and Equipment is Kč2,951 Mil. Overall, Philip Morris CR AS has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Philip Morris CR AS's Property, Plant and Equipment compare to PM and MO?
Philip Morris CR AS's Property, Plant and Equipment of Kč2,951 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 Property, Plant and Equipment for a Tobacco Products company?
A good Property, Plant and Equipment depends on the Tobacco Products industry context. However, Property, Plant and Equipment 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 Property, Plant and Equipment mean?
A high Property, Plant and Equipment can signal that a stock is expensive relative to its fundamentals. The total property, plant and equipment recorded on a company's balance sheet less accumulated depreciation. View historical data on Philip Morris CR AS and its competitors. Philip Morris CR AS's current Property, Plant and Equipment is Kč2,951 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Philip Morris CR AS stock overvalued right now?
Based on GuruFocus' analysis, Philip Morris CR AS (XPRA:TABAK) is currently considered Fairly Valued. The stock's GF Value™ is Kč17,569.77, compared to a current price of Kč18,300.00 — trading 4.2% above its estimated fair value. The current Property, Plant and Equipment is Kč2,951 Mil. Philip Morris CR AS's overall GF Score™ is 83/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Property, Plant and Equipment calculated?
Property, Plant and Equipment is calculated from a company's financial statements. For Philip Morris CR AS (XPRA:TABAK), the current Property, Plant and Equipment is Kč2,951 Mil 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 Philip Morris CR AS (XPRA:TABAK) Overvalued in 2026?
Based on GuruFocus' analysis, Philip Morris CR AS stock appears to be overvalued.
The current stock price of Kč18,300.00 is trading 4.2% above its estimated GF Value™ of Kč17,569.77.
GuruFocus considers Philip Morris CR AS to be Fairly Valued.
Key valuation signals for XPRA:TABAK:
Property, Plant and Equipment: Kč2,951 Mil
GF Value™: Kč17,569.77 vs. price of Kč18,300.00 (4.2% above fair value)
No single metric tells the full story. See the XPRA:TABAK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Philip Morris CR AS is a Czech Republic-based company active in the tobacco industry. The company is engaged in the production, sale, distribution, and marketing of tobacco products. The company also distributes smoke-free tobacco products under the HEETS name; and IQOS tobacco heating systems and related accessories, as well as cigarettes. The company provides its tobacco products under the Marlboro, L&M, Philip Morris, Petra Klasik, Sparta, and Chesterfield brands.
83GF Score
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Property, Plant and Equipment is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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