Tobacco Leader’s ESG Transformation
Valutico
JUNE 9, 2023
billion to USD 108 billion by applying the observed trading multiples EV/Sales, EV/EBITDA, EV/EBIT and P/E. Those reduced-risk products currently represent about 35% of PM’s sales. The Discounted Cash Flow analysis produced a value of USD 212 billion using a WACC of 6.8%. Scandinavian Tobacco Group A/S and Vector Group Ltd.
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