$Altria (MO.US)$There has been almost no change in revenue i...
$Altria(MO.US$There has been almost no change in revenue in the past 5 years, operating profit increased slightly, and net profit declined sharply due to fluctuations. There was a loss in 2019.
2023Q1 revenue fell 2.9%, operating profit fell 4.4%, and net profit fell 8.8%.
The income statement shows that interest expenses account for about 10% of operating profit, but equity income fluctuates greatly, and the scale of write-off is also huge. At one point in 2019, it reached 8.8 billion dollars, causing annual losses.
The current price-earnings ratio valuation of 14.6 times is not low, and it is not very attractive.
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王婧彤0722 : Dividends have also begun not to be paid to shareholders.