What is Philip Morris International Inc?
The company offers cigarettes and smoke-free products, including heat-not-burn, e-vapor, and oral nicotine products under the IQOS, VEEV, and ZYN brands; and consumer accessories, such as lighters and matches.
The story behind the price, the case for and against, and what could go wrong. Open a part to read it.
The company offers cigarettes and smoke-free products, including heat-not-burn, e-vapor, and oral nicotine products under the IQOS, VEEV, and ZYN brands; and consumer accessories, such as lighters and matches. The company was incorporated in 1987 and is headquartered in Stamford, Connecticut. The company is listed on the LSE in UK, operating in the Consumer Defensive sector, with a market capitalisation of 310.97B, and a P/E ratio of 31.5x.
A short list of Tobacco names that are close enough in size to make side-by-side comparison useful.