Philip Morris International's (NYSE:PM) Returns On Capital Not Reflecting Well On The Business [Yahoo! Finance]
Philip Morris International Inc (PM)
Last philip morris international inc earnings: 4/21 06:59 am
Check Earnings Report
US:NYSE Investor Relations:
pmi.com/investor-relations/overview
Company Research
Source: Yahoo! Finance
Firstly, we'd want to identify a growing return on capital employed (ROCE) and then alongside that, an ever-increasing base of capital employed. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. So when we looked at Philip Morris International NYSE:PM ), they do have a high ROCE, but we weren't exactly elated from how returns are trending. If you haven't worked with ROCE before, it measures the 'return' (pre-tax profit) a company generates from capital employed in its business. Analysts use this formula to calculate it for Philip Morris International: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.31 = US$14b ÷ (US$67b - US$23b) (Based on the trailing twelve months to September 2024) Thus, Philip Morris International has an ROCE of 31%. In absolute terms that's a great return and it's even better than the Tobacco industry average of 22%. Check out our la
Show less
Read more
Impact Snapshot
Event Time:
PM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PM alerts
High impacting Philip Morris International Inc news events
Weekly update
A roundup of the hottest topics
PM
News
- Global Public Health Advocates from 10 Countries Demand Hearst and Conde Nast Stop Promoting Tobacco and Nicotine to Kids [Yahoo! Finance]Yahoo! Finance
- What Makes Philip Morris International (PM) a Favorite Stock for Billionaire Stanley Druckenmiller? [Yahoo! Finance]Yahoo! Finance
- Historic Tobacco Compensation Plans Move Forward [Yahoo! Finance]Yahoo! Finance
- Historic Tobacco Compensation Plans Move Forward [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Is Philip Morris International (NYSE:PM) a Long Term Investment? Examining Its Growth and Valuation [Yahoo! Finance]Yahoo! Finance
PM
Earnings
- 10/22/24 - Beat
PM
Sec Filings
- 12/17/24 - Form 8-K
- 12/12/24 - Form 8-K
- 11/21/24 - Form 8-K
- PM's page on the SEC website