Imperial Brands (XTER:ITB) OCF Yield %: 16.63 (As of Jun. 24, 2026) — 14% Above Median


XTER:ITB Imperial Brands PLC XTER:ITB
71 GF Score
Price €32.37
GF Value €20.89
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Imperial Brands OCF Yield %?

Imperial Brands XTER:ITB +0.81% 71 OCF Yield % is 16.63 as of Jun. 24, 2026, which is 14% above its 10-year median of 14.62. GuruFocus rates XTER:ITB with a GF Score™ of 71/100 and a GF Value™ of €20.89 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 48 Tobacco Products companies, Imperial Brands ranks better than 89.58% on this metric.

OCF Yield % is calculated as Cash Flow from Operations divided by Market Capitalization. It is a financial solvency ratio that compares the operating cash flow a company is expected to earn against its market value.

As of today, Imperial Brands's Trailing 12-Month Cash Flow from Operations is €4,059 Mil, and Market Cap is €24,571 Mil. Therefore, Imperial Brands's OCF Yield % for today is 16.63%.

The historical rank and industry rank for Imperial Brands's OCF Yield % or its related term are showing as below:

XTER:ITB' s OCF Yield % Range Over the Past 10 Years
Min: 6.96   Med: 14.62   Max: 34.95
Current: 16.63


During the past 13 years, the highest OCF Yield % of Imperial Brands was 34.95%. The lowest was 6.96%. And the median was 14.62%.

XTER:ITB's OCF Yield % is ranked better than
89.58% of 48 companies
in the Tobacco Products industry
Industry Median: 4.55 vs XTER:ITB: 16.63

Imperial Brands's OCF Margin % for the quarter that ended in Mar. 2026 was %.


Imperial Brands OCF Yield % Explanation

Similar to Earnings Yield %, OCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high operating cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


Imperial Brands OCF Yield % Related Terms


Imperial Brands OCF Yield % Historical Data

* Premium members only.

The historical data trend for Imperial Brands's OCF Yield % 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.

Imperial Brands OCF Yield % Chart

Imperial Brands Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
OCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.48 18.10 20.75 17.91 14.33

Imperial Brands Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
OCF Yield % 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 -0.76 36.46 -0.27 28.92 -1.11

XTER:ITB vs PM, MO, TPB: OCF Yield % Comparison

For the Tobacco subindustry, Imperial Brands's OCF Yield %, along with its competitors' market caps and OCF Yield % 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 OCF Yield % vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Imperial Brands's OCF Yield % distribution charts can be found below:

* The bar in red indicates where Imperial Brands's OCF Yield % falls into.


XTER:ITB
71GF Score
Imperial Brands PLC XTER:ITB
OCF Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
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Imperial Brands OCF Yield % Calculation

OCF Yield % is a financial solvency ratio that compares the operating cash flow a company is expected to earn against its market value.

Imperial Brands's OCF Yield % for the fiscal year that ended in Sep. 2025 is calculated as

OCF Yield %=Cash Flow from Operations / Market Cap
=4175.951 / 29136.70239
=14.33%

Imperial Brands's annualized OCF Yield % for the quarter that ended in Mar. 2026 is calculated as

OCF Yield %=Cash Flow from Operations * Annualized Factor / Market Cap
=-153.393 * 2 / 27660.27648
=-1.11%

* 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.

Frequently Asked Questions Learn more about OCF Yield % →
What does a OCF Yield % of 16.63 mean?
Imperial Brands (XTER:ITB) has a OCF Yield % of 16.63 as of Jun. 24, 2026. OCF Yield is calculated as Cash Flow from Operations divided by Market Capitalization. View historical data on Imperial Brands and its competitors. This is 14% above median its historical median of 14.62. Over the past decade, Imperial Brands' OCF Yield % has ranged from 6.96 to 34.95. According to the industry distribution chart, Imperial Brands ranks #5 out of 48 companies in the Tobacco Products industry, placing it in the top 10.4%.
Is Imperial Brands' OCF Yield % too high?
Imperial Brands' current OCF Yield % of 16.63 is 14% above median its 10-year median of 14.62. Over the past 10 years, this metric has ranged from a low of 6.96 to a high of 34.95. The Tobacco Products industry median OCF Yield % is 4.55. Imperial Brands' value of 16.63 is 265.5% above this industry median. Based on the distribution chart, Imperial Brands ranks #5 out of 48 companies in the Tobacco Products industry, which is in the top quartile — a strong position relative to peers. Overall, Imperial Brands has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Imperial Brands' OCF Yield % compare to PM and MO?
According to the Tobacco Products industry distribution chart, Imperial Brands ranks #5 out of 48 companies for OCF Yield %. This places Imperial Brands in the top 10% of its industry — outperforming the majority of peers. The industry median OCF Yield % is 4.55. Imperial Brands' value of 16.63 is 265.5% above this benchmark. Historically, Imperial Brands' own OCF Yield % has ranged from 6.96 to 34.95 over the past decade. While the company's 10-year median is 14.62 vs. the industry median of 4.55, Imperial Brands has consistently been above 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 OCF Yield % for a Tobacco Products company?
The median OCF Yield % among Tobacco Products companies is 4.55, based on 48 companies in the industry. Companies in the top quartile (top 25%) have a OCF Yield % significantly above this median, while those in the bottom quartile fall well below. However, OCF Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Imperial Brands's current OCF Yield % of 16.63 is 265.5% above 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 OCF Yield % mean?
A high OCF Yield % can signal that a stock is expensive relative to its fundamentals. OCF Yield is calculated as Cash Flow from Operations divided by Market Capitalization. View historical data on Imperial Brands and its competitors. For the Tobacco Products industry, the median OCF Yield % is 4.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Imperial Brands's current OCF Yield % is 16.63, which is 14% above median its own 10-year median of 14.62. 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 (XTER:ITB) is currently considered Significantly Overvalued. The stock's GF Value™ is €20.89, compared to a current price of €32.37 — trading 55% above its estimated fair value. The current OCF Yield % is 16.63, which is 14% above median its 10-year median of 14.62 and 265.5% above the Tobacco Products industry median of 4.55. Imperial Brands' overall GF Score™ is 71/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Yield % calculated?
OCF Yield % is calculated from a company's financial statements. For Imperial Brands (XTER:ITB), the current OCF Yield % is 16.63 as of Jun. 24, 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 (XTER:ITB) Overvalued in 2026?

Based on GuruFocus' analysis, Imperial Brands stock appears to be overvalued. The current stock price of €32.37 is trading 55% above its estimated GF Value™ of €20.89. GuruFocus considers Imperial Brands to be Significantly Overvalued.

Key valuation signals for XTER:ITB:

  • OCF Yield %: 16.63 (14% above median its 10-year median of 14.62)
  • GF Value™: €20.89 vs. price of €32.37 (55% above fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 265.5% above the Tobacco Products median (#5 of 48)

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


Imperial Brands Business Description

Address 121 Winterstoke Road, Bristol, GBR, BS3 2LL
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.
71GF Score

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OCF Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€32.37
Price
€20.89
GF Value