Conclusion

As summarize the research, we looked at a lot of data about BATBC and ran a bunch of
computations. Our findings are based on secondary research and resources offered by our
illustrious faculty. To assess account proportions and evaluate their liquidity, profitability, and
performance, we constructed horizontal and vertical income statements and balance sheets. Then,
to measure the company's performance over the previous many years and compare it to the
industry, we calculated a range of ratios. In the vast majority of cases, we found that BAT
outperformed the industry. We used stock prices over the past five years to construct monthly
and yearly rates of return, which we then compared to the DSEX index. The results were
satisfactory. We also used three valuation approaches (non-constant dividend growth model,
corporate valuation methodology, and P/E multiple approach) to assess their intrinsic value.
When compared to the DSEX stock price, we determined that the DSEX market price is
undervalued in both the constant dividend growth and non-constant dividend growth models,
while it is overpriced in the P/E multiple techniques. In 2020, the weighted average cost of
capital, or WACC, will be 14.27%, according to our research. We also determined that BATBC
predominantly funded its activities with bank loans and ordinary stock. To conclusion, BATBC
is in a strong position in the business, and with the correct leadership, it has the ability to grow
even more.