Revenue minus cost of goods sold. Graham's ≥40% threshold identifies businesses with durable pricing power. Note: software and financial companies naturally exceed this; retailers and manufacturers rarely reach it due to their cost structures.
Operating Margin45.5%
Profit after operating costs before interest and taxes. A consistent ≥15% operating margin signals a business with real competitive advantages. Capital-intensive industries (airlines, auto, commodities) rarely hit this threshold due to their structural cost base — compare within industry for context.
Net Income Margin30.3%
Bottom-line profit as a percentage of revenue. The ≥20% target reflects Buffett's preference for highly profitable businesses. Financial engineering (buybacks, tax optimisation) can inflate this temporarily — look for consistency across multiple years rather than a single strong result.
Financial Health
F
Years to Pay Off Debt4.5 yrs
Total Debt ÷ Net Income. Lower = stronger balance sheet. Important caveat: utilities, telecoms, REITs, and infrastructure companies carry large structural debt by design — their bond-like cash flows service it comfortably at ratios that would alarm Graham. Compare within sector.
Working Capital vs Long-Term Debt-$33.2B
Working Capital minus Long-Term Debt. Negative results are common and expected in capital-return-focused businesses like Apple, Domino's, and McDonald's — where aggressive buybacks and dividends intentionally reduce book equity. This does not indicate financial distress in high-FCF businesses.
Working Capital-$1.8B
Current Assets minus Current Liabilities. Negative working capital can be a deliberate efficiency strategy in businesses that collect cash before paying suppliers (retailers, fast food franchises, subscription businesses). Assess alongside free cash flow generation for full context.
Valuation
N/A
Cash Flow
A
Free Cash Flow$5.6B
Operating cash flow minus capital expenditures. Buffett's most important metric — cash a business actually generates for its owners after maintaining and growing its asset base. Consistently positive FCF is one of the strongest indicators of a durable, well-run business regardless of accounting profits.
CapEx % of Net Income9.1%
Capital expenditure as a share of net income. Low CapEx signals a capital-light business that doesn't need heavy reinvestment to sustain earnings — Buffett's ideal. High CapEx is structurally necessary in manufacturing, airlines, telecoms, and semiconductors. For these industries, a high reading reflects the business model, not poor management.
Owner Earnings$10.7B
Net Income + Depreciation & Amortisation − Capital Expenditures. Buffett's preferred measure of a company's true annual earning power — what could theoretically be distributed to owners without impairing the business. More reliable than reported EPS because it accounts for the capital cost of maintaining the business.
Metric Explanations
What each dimension measures and where the thresholds come from.
Gross Profit Margin
Revenue minus cost of goods sold. Graham's ≥40% threshold identifies businesses with durable pricing power. Note: software and financial companies naturally exceed this; retailers and manufacturers rarely reach it due to their cost structures.
Operating Margin
Profit after operating costs before interest and taxes. A consistent ≥15% operating margin signals a business with real competitive advantages. Capital-intensive industries (airlines, auto, commodities) rarely hit this threshold due to their structural cost base — compare within industry for context.
Net Income Margin
Bottom-line profit as a percentage of revenue. The ≥20% target reflects Buffett's preference for highly profitable businesses. Financial engineering (buybacks, tax optimisation) can inflate this temporarily — look for consistency across multiple years rather than a single strong result.
Years to Pay Off Debt
Total Debt ÷ Net Income. Lower = stronger balance sheet. Important caveat: utilities, telecoms, REITs, and infrastructure companies carry large structural debt by design — their bond-like cash flows service it comfortably at ratios that would alarm Graham. Compare within sector.
Working Capital vs Long-Term Debt
Working Capital minus Long-Term Debt. Negative results are common and expected in capital-return-focused businesses like Apple, Domino's, and McDonald's — where aggressive buybacks and dividends intentionally reduce book equity. This does not indicate financial distress in high-FCF businesses.
Working Capital
Current Assets minus Current Liabilities. Negative working capital can be a deliberate efficiency strategy in businesses that collect cash before paying suppliers (retailers, fast food franchises, subscription businesses). Assess alongside free cash flow generation for full context.
Free Cash Flow
Operating cash flow minus capital expenditures. Buffett's most important metric — cash a business actually generates for its owners after maintaining and growing its asset base. Consistently positive FCF is one of the strongest indicators of a durable, well-run business regardless of accounting profits.
CapEx % of Net Income
Capital expenditure as a share of net income. Low CapEx signals a capital-light business that doesn't need heavy reinvestment to sustain earnings — Buffett's ideal. High CapEx is structurally necessary in manufacturing, airlines, telecoms, and semiconductors. For these industries, a high reading reflects the business model, not poor management.
Owner Earnings
Net Income + Depreciation & Amortisation − Capital Expenditures. Buffett's preferred measure of a company's true annual earning power — what could theoretically be distributed to owners without impairing the business. More reliable than reported EPS because it accounts for the capital cost of maintaining the business.
Market Data
Key Margins
Gross Profit83.5%
Operating Margin45.5%
Net Margin30.3%
Company Info
Showing Key Metrics
Income Highlights
Metric
2025
2024
2023
2022
2021
Gross Profit %
83.5%▲
82.9%▼
83.0%▼
83.5%•
N/A
Operating Margin %
45.5%▲
41.1%▲
-31.3%▼
51.6%•
N/A
Net Income %
30.3%▲
11.9%▲
-52.7%▼
24.1%•
N/A
Diluted EPS
3.49▲
1.36▲
-6.47▼
2.92•
N/A
Balance Sheet Highlights
Metric
2025
2024
2023
2022
2021
Total Assets
$109.3B
$118.9B
$118.7B
$153.5B
N/A
Total Debt
$35.1B▼
$37.0B▼
$39.7B▼
$43.1B•
N/A
Working Capital
-$1.8B▲
-$4.4B▼
-$1.5B▲
-$2.4B•
N/A
Years to Pay Debt
4.52
12.04
-2.77
6.47
N/A
Cash Flow Highlights
Metric
2025
2024
2023
2022
Free Cash Flow
$5.6B▼
$9.5B▼
$10.1B▲
$9.7B
Owner Earnings
$10.7B
$6.7B
$10.2B
$8.6B
CapEx % of Net Income
9.1%
19.8%
N/A
9.8%
Income Statement
2025
2024
2023
2022
2021
Tax Effect Of Unusual Items
-448,365
-747,198
-1,314,600
-848,274
Tax Rate For Calcs
0
0
0
0
Normalized EBITDA
15,890,000
15,788,000
12,037,000
15,481,000
Total Unusual Items
-1,834,000
-7,366,000
-3,211,000
-3,189,000
Total Unusual Items Excluding Goodwill
-2,111,000
-7,405,000
-7,825,000
-3,189,000
Net Income From Continuing Operation Net Minority Interest
7,764,000
3,068,000
-14,367,000
6,666,000
Reconciled Depreciation
2,270,000
3,062,000
24,000,000
1,305,000
Reconciled Cost Of Revenue
4,226,000
4,436,000
4,641,000
4,554,000
EBITDA
14,056,000
8,422,000
8,826,000
12,292,000
EBIT
11,786,000
5,360,000
-15,174,000
10,987,000
Net Interest Income
-1,730,000
-1,588,000
-1,720,000
-1,592,000
Interest Expense
1,927,000
1,822,000
1,887,000
1,663,000
Interest Income
214,000
251,000
186,000
92,000
Normalized Income
9,703,635
9,764,802
-3,242,600
9,006,726
Net Income From Continuing And Discontinued Operation
7,764,000
3,068,000
-14,367,000
6,666,000
Total Expenses
13,951,000
15,234,000
35,816,000
13,376,000
Rent Expense Supplemental
9,000
9,000
14,000
12,000
Total Operating Income As Reported
9,997,000
2,736,000
-15,751,000
10,523,000
Diluted Average Shares
2,199,000
2,225,000
2,229,000
2,267,000
Basic Average Shares
2,187,000
2,214,000
2,229,000
2,256,000
Diluted EPS
0
0
0
0
Basic EPS
0
0
0
0
Diluted NI Availto Com Stockholders
7,677,000
3,026,000
-14,412,000
6,617,000
Net Income Common Stockholders
7,677,000
3,026,000
-14,412,000
6,617,000
Otherunder Preferred Stock Dividend
87,000
42,000
45,000
49,000
Net Income
7,764,000
3,068,000
-14,367,000
6,666,000
Net Income Including Noncontrolling Interests
7,765,000
3,181,000
-14,189,000
6,846,000
Net Income Continuous Operations
7,765,000
3,181,000
-14,189,000
6,846,000
Tax Provision
2,094,000
357,000
-2,872,000
2,478,000
Pretax Income
9,859,000
3,538,000
-17,061,000
9,324,000
Other Non Operating Income Expenses
-10,000
-9,000
-5,000
-3,000
Special Income Charges
-1,599,000
-7,291,000
-7,242,000
-3,628,000
Other Special Charges
1,030,000
7,118,000
2,378,000
3,378,000
Write Off
217,000
134,000
250,000
250,000
Restructuring And Mergern Acquisition
75,000
612,000
0
Net Non Operating Interest Income Expense
-1,730,000
-1,588,000
-1,720,000
-1,592,000
Total Other Finance Cost
17,000
17,000
19,000
21,000
Interest Expense Non Operating
1,927,000
1,822,000
1,887,000
1,663,000
Interest Income Non Operating
214,000
251,000
186,000
92,000
Operating Income
11,659,000
10,633,000
-8,533,000
14,279,000
Operating Expense
9,725,000
10,798,000
31,175,000
8,822,000
Other Operating Expenses
3,265,000
3,727,000
3,467,000
3,863,000
Depreciation And Amortization In Income Statement
2,270,000
3,062,000
24,000,000
1,305,000
Amortization
1,726,000
2,427,000
23,357,000
459,000
Depreciation Income Statement
544,000
635,000
643,000
846,000
Research And Development
133,000
174,000
181,000
138,000
Selling General And Administration
1,123,000
1,141,000
1,181,000
1,189,000
Selling And Marketing Expense
1,092,000
1,111,000
1,152,000
1,160,000
General And Administrative Expense
31,000
30,000
29,000
29,000
Rent And Landing Fees
9,000
9,000
14,000
12,000
Gross Profit
21,384,000
21,431,000
22,642,000
23,101,000
Cost Of Revenue
4,226,000
4,436,000
4,641,000
4,554,000
Total Revenue
25,610,000
25,867,000
27,283,000
27,655,000
Operating Revenue
25,610,000
25,867,000
27,283,000
27,655,000
Balance Sheet
2025
2024
2023
2022
2021
Treasury Shares Number
139,121
140,380
226,486
226,921
Ordinary Shares Number
2,173,334
2,202,445
2,230,456
2,229,947
Share Issued
2,312,455
2,342,825
2,456,942
2,456,867
Net Debt
31,049,000
33,479,000
36,869,000
40,911,000
Total Debt
35,070,000
36,950,000
39,730,000
43,139,000
Tangible Book Value
-39,008,000
-44,633,000
-42,996,000
-53,707,000
Invested Capital
82,467,000
86,008,000
91,798,000
117,990,000
Working Capital
-1,840,000
-4,449,000
-1,487,000
-2,444,000
Net Tangible Assets
-39,008,000
-44,633,000
-42,996,000
-53,707,000
Capital Lease Obligations
529,000
585,000
498,000
517,000
Common Stock Equity
47,926,000
49,643,000
52,566,000
75,368,000
Total Capitalization
79,258,000
81,837,000
87,605,000
113,719,000
Total Equity Gross Minority Interest
48,145,000
49,995,000
52,934,000
75,710,000
Minority Interest
219,000
352,000
368,000
342,000
Stockholders Equity
47,926,000
49,643,000
52,566,000
75,368,000
Other Equity Interest
1,893,000
1,685,000
1,685,000
1,390,000
Fixed Assets Revaluation Reserve
179,000
179,000
179,000
179,000
Treasury Stock
4,383,000
4,408,000
7,096,000
7,116,000
Retained Earnings
27,312,000
26,018,000
31,627,000
51,197,000
Additional Paid In Capital
261,000
251,000
216,000
214,000
Capital Stock
577,000
585,000
614,000
614,000
Common Stock
577,000
585,000
614,000
614,000
Total Liabilities Net Minority Interest
61,145,000
68,904,000
65,782,000
77,836,000
Total Non Current Liabilities Net Minority Interest
46,621,000
50,161,000
50,109,000
59,983,000
Derivative Product Liabilities
124,000
268,000
206,000
502,000
Non Current Pension And Other Postretirement Benefit Plans
801,000
820,000
881,000
949,000
Tradeand Other Payables Non Current
484,000
685,000
893,000
944,000
Non Current Deferred Taxes Liabilities
10,343,000
11,679,000
12,192,000
18,428,000
Long Term Debt And Capital Lease Obligation
31,708,000
32,638,000
35,406,000
38,726,000
Long Term Capital Lease Obligation
376,000
444,000
367,000
375,000
Long Term Debt
31,332,000
32,194,000
35,039,000
38,351,000
Long Term Provisions
3,161,000
4,071,000
531,000
434,000
Current Liabilities
14,524,000
18,743,000
15,673,000
17,853,000
Current Debt And Capital Lease Obligation
3,362,000
4,312,000
4,324,000
4,413,000
Current Capital Lease Obligation
153,000
141,000
131,000
142,000
Current Debt
3,209,000
4,171,000
4,193,000
4,271,000
Current Provisions
608,000
3,044,000
468,000
1,087,000
Payables
10,457,000
11,231,000
10,692,000
11,498,000
Total Tax Payable
1,129,000
1,681,000
992,000
1,049,000
Accounts Payable
9,328,000
9,550,000
9,700,000
10,449,000
Total Assets
109,290,000
118,899,000
118,716,000
153,546,000
Total Non Current Assets
96,606,000
104,605,000
104,530,000
138,137,000
Defined Pension Benefit
880,000
937,000
956,000
1,000,000
Non Current Deferred Taxes Assets
2,032,000
2,573,000
911,000
682,000
Financial Assets
135,000
110,000
109,000
131,000
Other Investments
333,000
146,000
Investmentin Financial Assets
333,000
146,000
118,000
121,000
Available For Sale Securities
277,000
65,000
67,000
60,000
Financial Assets Designatedas Fair Value Through Profitor Loss Total
56,000
81,000
51,000
61,000
Long Term Equity Investment
1,521,000
1,902,000
1,970,000
2,020,000
Goodwill And Other Intangible Assets
86,934,000
94,276,000
95,562,000
129,075,000
Other Intangible Assets
48,017,000
53,147,000
54,471,000
81,119,000
Goodwill
38,917,000
41,129,000
41,091,000
47,956,000
Net PPE
4,483,000
4,379,000
4,583,000
4,867,000
Accumulated Depreciation
-4,793,000
-4,473,000
-4,461,000
-4,639,000
Gross PPE
9,276,000
8,852,000
9,044,000
9,506,000
Construction In Progress
650,000
601,000
654,000
767,000
Other Properties
1,834,000
1,797,000
1,793,000
1,837,000
Machinery Furniture Equipment
5,909,000
5,566,000
5,702,000
5,962,000
Buildings And Improvements
883,000
888,000
895,000
940,000
Current Assets
12,684,000
14,294,000
14,186,000
15,409,000
Hedging Assets Current
162,000
186,000
181,000
430,000
Assets Held For Sale Current
25,000
11,000
14,000
767,000
Restricted Cash
335,000
2,411,000
2,296,000
1,735,000
Inventory
4,382,000
4,616,000
4,938,000
5,671,000
Finished Goods
2,360,000
2,560,000
2,740,000
3,301,000
Raw Materials
2,022,000
2,056,000
2,198,000
2,370,000
Taxes Receivable
470,000
67,000
172,000
149,000
Accounts Receivable
3,802,000
3,604,000
3,621,000
4,367,000
Cash Cash Equivalents And Short Term Investments
3,508,000
3,399,000
2,964,000
2,290,000
Other Short Term Investments
16,000
513,000
601,000
579,000
Cash And Cash Equivalents
3,492,000
2,886,000
2,363,000
1,711,000
Cash Equivalents
330,000
280,000
Cash Financial
3,116,000
2,529,000
Cash Flow
2025
2024
2023
2022
Free Cash Flow
5,638,000
9,517,000
10,113,000
9,738,000
Repurchase Of Capital Stock
-1,173,000
-792,000
-110,000
-2,092,000
Repayment Of Debt
-3,932,000
-4,826,000
-6,769,000
-3,044,000
Issuance Of Debt
3,814,000
2,404,000
5,134,000
3,267,000
Capital Expenditure
-704,000
-608,000
-601,000
-656,000
End Cash Position
3,787,000
5,104,000
4,517,000
3,337,000
Other Cash Adjustment Outside Changein Cash
-208,000
368,000
-368,000
Beginning Cash Position
5,104,000
4,517,000
3,337,000
2,463,000
Effect Of Exchange Rate Changes
-76,000
-281,000
-292,000
431,000
Changes In Cash
-1,033,000
868,000
1,104,000
811,000
Financing Cash Flow
-8,762,000
-10,632,000
-9,314,000
-8,878,000
Net Other Financing Charges
-231,000
-123,000
-476,000
-112,000
Interest Paid Cff
-1,725,000
-1,796,000
-1,771,000
-1,663,000
Cash Dividends Paid
-5,238,000
-5,213,000
-5,055,000
-4,915,000
Common Stock Dividend Paid
-5,238,000
-5,213,000
-5,055,000
-4,915,000
Net Common Stock Issuance
-1,173,000
-792,000
-110,000
-2,092,000
Common Stock Payments
-1,173,000
-792,000
-110,000
-2,092,000
Net Issuance Payments Of Debt
-118,000
-2,422,000
-1,635,000
223,000
Net Long Term Debt Issuance
-118,000
-2,422,000
-1,635,000
223,000
Long Term Debt Payments
-3,932,000
-4,826,000
-6,769,000
-3,044,000
Long Term Debt Issuance
3,814,000
2,404,000
5,134,000
3,267,000
Investing Cash Flow
1,387,000
1,375,000
-296,000
-705,000
Net Other Investing Changes
1,000
Interest Received Cfi
201,000
187,000
145,000
85,000
Dividends Received Cfi
1,000
0
0
Net Investment Purchase And Sale
794,000
83,000
-43,000
-129,000
Sale Of Investment
848,000
299,000
405,000
128,000
Purchase Of Investment
-54,000
-216,000
-448,000
-257,000
Net Business Purchase And Sale
1,027,000
1,529,000
122,000
-39,000
Sale Of Business
1,056,000
1,577,000
159,000
0
Purchase Of Business
-29,000
-48,000
-37,000
-39,000
Net Intangibles Purchase And Sale
-122,000
-83,000
-114,000
-130,000
Sale Of Intangibles
31,000
39,000
27,000
3,000
Purchase Of Intangibles
-153,000
-122,000
-141,000
-133,000
Net PPE Purchase And Sale
-514,000
-341,000
-406,000
-492,000
Sale Of PPE
37,000
145,000
54,000
31,000
Purchase Of PPE
-551,000
-486,000
-460,000
-523,000
Operating Cash Flow
6,342,000
10,125,000
10,714,000
10,394,000
Taxes Refund Paid
-2,926,000
-1,854,000
-2,622,000
-2,537,000
Dividend Received Cfo
369,000
406,000
506,000
394,000
Change In Working Capital
-3,909,000
5,776,000
-469,000
103,000
Change In Payable
-286,000
-236,000
353,000
-142,000
Change In Inventory
112,000
35,000
265,000
-246,000
Change In Receivables
-295,000
-269,000
-487,000
-42,000
Other Non Cash Items
1,931,000
958,000
2,185,000
2,198,000
Deferred Tax
2,094,000
357,000
-2,872,000
2,478,000
Depreciation And Amortization
2,270,000
3,062,000
24,000,000
1,305,000
Amortization Cash Flow
1,726,000
2,427,000
23,357,000
459,000
Depreciation
544,000
635,000
643,000
846,000
Gain Loss On Investment Securities
525,000
109,000
595,000
-475,000
Net Foreign Currency Exchange Gain Loss
-373,000
-9,000
-449,000
524,000
Net Income From Continuing Operations
7,765,000
3,181,000
-14,189,000
6,846,000
1/5
Graham Score
Speculative Investor
Fails most of Graham's safety criteria. Treat with caution.
Graham's Fair Value
N/A
N/A — requires
positive EPS and positive book value per share. Check the Financials tab for earnings history.
Margin of Safety
—
Market Cap / Net Assets
N/A
Net Assets: $48.1B
Warren's Owner Earnings
$10.7B
Latest fiscal year
Graham's 7 Criteria
Defensive Investor Checklist
1/5 — Speculative Investor
✅
Adequate Size
Graham required companies large enough to withstand economic downturns. This threshold ($1.5B) is inflation-adjusted from Graham's original $100M — virtually all S&P 500 companies pass this today.
$25.6B
vs > $1.5B revenue
❌
Strong Financial Condition
Current assets must be at least twice current liabilities. Note: highly profitable companies (Apple, Domino's) often run negative or low working capital deliberately — they collect cash fast and stretch payables. A failing score here is not always a warning sign.
0.87x
vs Current Ratio > 2.0x
❌
Earnings Stability
Graham required uninterrupted positive earnings. Any loss year is a red flag for defensive investors. Growth companies and cyclicals may show occasional losses during investment cycles or downturns without being fundamentally unsound.
1 loss years (4 yrs data)
vs No negative EPS years
❌
Dividend Record
Graham valued dividends as evidence of financial discipline and shareholder alignment. Many excellent modern businesses (Alphabet, Amazon, Berkshire Hathaway) pay no dividend, preferring to reinvest cash at high rates of return. Failing this criterion does not indicate a poor business — it may indicate a high-growth one.
No dividend
vs Uninterrupted dividends
❌
Earnings Growth
EPS grew from $2.92 to $3.49 over 2 years. Graham's 33% threshold was set over a 10-year period. Measured over fewer years (as here), the bar is proportionally lower. Share buybacks can also inflate EPS growth without reflecting underlying business improvement.
+19.6% EPS growth
vs > 33% EPS growth
Graham's 7 Criteria — Explained
What each criterion measures and why it matters.
✅ Adequate Size — $25.6Bvs > $1.5B revenue
Graham required companies large enough to withstand economic downturns. This threshold ($1.5B) is inflation-adjusted from Graham's original $100M — virtually all S&P 500 companies pass this today.
"The minimum size of an enterprise should be not less than $100 million of annual sales."
❌ Strong Financial Condition — 0.87xvs Current Ratio > 2.0x
Current assets must be at least twice current liabilities. Note: highly profitable companies (Apple, Domino's) often run negative or low working capital deliberately — they collect cash fast and stretch payables. A failing score here is not always a warning sign.
"For industrial companies, current assets should be at least twice current liabilities."
❌ Earnings Stability — 1 loss years (4 yrs data)vs No negative EPS years
Graham required uninterrupted positive earnings. Any loss year is a red flag for defensive investors. Growth companies and cyclicals may show occasional losses during investment cycles or downturns without being fundamentally unsound.
"The company should have shown no deficit in the past ten years."
❌ Dividend Record — No dividendvs Uninterrupted dividends
Graham valued dividends as evidence of financial discipline and shareholder alignment. Many excellent modern businesses (Alphabet, Amazon, Berkshire Hathaway) pay no dividend, preferring to reinvest cash at high rates of return. Failing this criterion does not indicate a poor business — it may indicate a high-growth one.
"Some current dividend payments — for at least the past 20 years."
EPS grew from $2.92 to $3.49 over 2 years. Graham's 33% threshold was set over a 10-year period. Measured over fewer years (as here), the bar is proportionally lower. Share buybacks can also inflate EPS growth without reflecting underlying business improvement.
"A minimum increase of at least one-third in per-share earnings over ten years."
These metrics estimate what BTI is worth based on fundamentals — independent of what the market prices it at.
Graham's Fair Value and NCAV are conservative floors.
EPV assumes zero growth. These are reference points, not price targets.
Net Current Asset Value
N/A
"Buy at two-thirds of net current assets." — Graham
Earnings Power Value
N/A
Per share, no-growth floor. Compare to current price.
ROIC — Return on Invested Capital
9.7%
Return on Invested Capital — Buffett's preferred measure for asset-light businesses. ROIC > 15% consistently signals a durable competitive advantage (moat). More meaningful than P/B for software, pharma, and consumer brand companies where most value is intangible and off-balance-sheet.
Cash Flow Analysis
Metric
2025
2024
2023
2022
Capital Expenditure % of Net Income
9.1%
19.8%
N/A
9.8%
Repurchase of Capital Stock
-$1.2B
-$792M
-$110M
-$2.1B
Free Cash Flow
$5.6B▼
$9.5B▼
$10.1B▲
$9.7B•
Warren's Owner Earnings
$10.7B
$6.7B
$10.2B
$8.6B
Peers & Industry
No auto-detected peers for this industry. You can manually compare BTI against any stock using the Compare tool.
"The management of a business is its most important single factor — more important than market position, patents, or financial structure."
— Benjamin Graham
No management data available.
Risk Analysis
BTI (BTI) fundamental analysis — Overall grade B based on profitability, financial health, valuation and cash flow. Graham's
Fair Value: N/A. Gross profit margin: 83.5%. Operating margin: 45.5%. Net margin: 30.3%. Analysis powered by 360investing — free fundamental stock analysis based on Benjamin Graham and Warren Buffett
principles.
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