LearnGlossaryMarketStocksSuperinvestorsSign in

PM

Philip Morris International Inc.

Consumer Defensive · $301.1B market cap

Verdict

Share price

$187.46

close of Oct 3, 2026

Fair value

$133.72

Sticker Price

Payback Price

$53.49

buy price

Overpriced

PM is Overpriced: at $187.46 it trades 40% above its fair value of $133.72. Its buy price (Payback Price) is $53.49, 71% below today's price. Business quality is limited: only 1 of 5 key numbers clears the 10% bar.

How we valued it

Dividend Discount Model. It has paid a dividend for 10+ years in a row, raised it most years, and yields over 2%. For a steady payer like this, the dividend is the best guide to value.

Business quality

1 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth1.1% a year✗
Equity per share growth-78.8% a year✗
Sales growth2.3% a year✗
Free cash flow growth2.9% a year✗
Return on invested capital23.6%✓

Follow PM

Get notified when it reaches its buy price of $53.49. Free.

Create a free account

Superinvestors

10 of the investors we track hold PM. In Q2 2026, 2 added and 2 trimmed. Who we track

First Eagle Investment Management

First Eagle Investment Management · as of Q2 2026

$1.1B

5,925,468 shares

Thomas Russo

Gardner Russo & Quinn · as of Q2 2026

$819.7M

4,530,846 shares

Terry Smith

Fundsmith · as of Q2 2026

$527.1M

2,913,693 shares

Lee Ainslie

Maverick Capital · as of Q2 2026

$263.6M

1,457,059 shares

Thomas Gayner

Markel Group · as of Q2 2026

$20.7M

114,500 shares

Show all 10 holders

Dodge & Cox Funds

Dodge & Cox Funds · as of Q2 2026

$3.0M

16,500 shares

Bill Nygren

Oakmark Funds · as of Q2 2026

$1.1M

6,093 shares

Yacktman Asset Management

Yacktman Asset Management · as of Q2 2026

$905K

5,000 shares

Mairs & Power Funds

Mairs & Power Funds · as of Q2 2026

$459K

2,537 shares

Christopher Bloomstran

Semper Augustus · as of Q2 2026

$319K

1,762 shares

Moves in Q2 2026

Added: Bill Nygren, Lee Ainslie

Trimmed: Terry Smith, Yacktman Asset Management

About Philip Morris International Inc.

Philip Morris International Inc. functions as a prominent tobacco enterprise, actively working toward a smoke-free future. The company is strategically diversifying its long-term product range to incorporate items beyond traditional tobacco and nicotine. Its primary business involves both conventional cigarettes and an expanding array of smoke-free alternatives, such as innovative heat-not-burn devices, vapor…

Tobacco

Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works