TPB vs PFGC vs BTI Stock Comparison

Turning Point Brands, Performance Food and British American Tobacco p.l.c Prices as of Oct 26, 2026 Peers: Industry group
PFGC Performance Food Group Co
$95.63 +4.4% 1M -4.6% 1Y
Market cap
$15.00B
P/E
41.8x
Revenue (TTM)
$67.84B
Div. yield
–
Food Distribution Consumer Staples
1 win

Head to Head

10 decided of 12

Turning Point Brands leads on 5 of the 12 questions below (Turning Point Brands 5, British American Tobacco p.l.c 4, Performance Food 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionTPBPFGCBTILeader
Larger companyMarket capitalisation $1.34B $15.00B $130.85B BTI
Cheaper on earningsLower P/E, profitable companies only 30.1x 41.8x — TPB
Cheaper on forward earningsLower price / next fiscal year consensus EPS 55.8x 16.4x 13.2x BTI
Faster revenue growthRevenue growth, trailing twelve months +24.5% +7.2% — TPB
More profitableNet margin, trailing twelve months 8.8% 0.5% — TPB
Better return on capitalReturn on invested capital 9.1% 6.6% — TPB
Less leveragedLower net debt / EBITDA — 2.9x — –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -28.4% -4.6% +15.5% BTI
Better 5-year returnAnnualised price return, 5 years +11.6%/yr +15.9%/yr +10.9%/yr PFGC
Less volatileAnnualised volatility, 1 year 56.5% 29.2% 26.0% BTI
Higher overall scoreMean of the five percentile scores vs peers 53/100 42/100 — TPB

Percentile Scorecard

TPBPFGCBTI

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisTPBPFGCBTI
Valuation 32 #26 of 38 59 #17 of 40 –
Growth 50 #18 of 35 60 #16 of 38 –
Profitability 89 #5 of 36 43 #21 of 36 –
Financial Health 79 #9 of 39 44 #23 of 40 24 #30 of 39
Shareholder Returns 17 #11 of 13 4 #27 of 28 –
Overall 53 42 –
  • TPB ranked among 40 companies in Tobacco and Cannabis
  • PFGC ranked among 41 companies in Staples Retail
  • BTI ranked among 40 companies in Tobacco and Cannabis

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodTPBPFGCBTISPY
1 month +5.3%+4.4%+8.1% -0.8%
3 months -17.0%-16.3%-1.2% +3.5%
6 months -18.2%+7.8%+4.9% +7.0%
Year to date -39.8%+6.4%+6.2% +12.2%
1 year -28.4%-4.6%+15.5% +13.0%
3 years +229.2%+73.8%+107.5% +86.3%
3 years, per year +48.8%+20.2%+27.6% +23.1%
5 years +72.8%+109.2%+67.9% +68.6%
5 years, per year +11.6%+15.9%+10.9% +11.0%
10 years +423.7%+294.4%+7.8% +258.0%
10 years, per year +18.0%+14.7%+0.7% +13.6%

Risk

MeasureTPBPFGCBTISPY
Volatility, 1Y 56.5%29.2%26.0% 12.7%
Downside volatility, 1Y 66.2%29.1%24.8% 12.7%
Beta vs S&P 500, 1Y 0.610.400.13 1.00
Return / volatility, 1Y -0.50-0.160.59 1.02
Max drawdown, 5Y -61.4%-32.3%-39.8% -25.4%
From 52-week high -54.3%-18.1%-9.9% -1.8%
52-week high $142.98$116.71$66.70 $779.14
52-week low $55.23$81.03$51.19 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleTPBPFGCBTI
P/E now vs peer median 29.2xmedian 16.5x 41.5xmedian 22.0x —median 16.5x
P/S now vs peer median 2.6xmedian 0.9x 0.2xmedian 0.5x —median 0.9x
EV/EBITDA now vs peer median —median 12.3x 11.6xmedian 9.8x —median 12.3x
P/FCF now vs peer median 66.7xmedian 23.1x 14.5xmedian 17.8x —median 23.1x
P/B now vs peer median 2.9xmedian 1.0x 3.0xmedian 3.0x 2.3xmedian 1.0x
PEG now vs peer median 0.56median 0.56 -11.95median 1.18 —median 0.56

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsTPBPFGCBTI
Revenue $507.23M $67.84B –
Gross profit $300.08M $8.09B –
Operating income $75.01M $887.50M –
Net income $59.64M $359.30M –
Free cash flow $19.63M $1.03B –
EPS (diluted) $2.21 $2.29 –
Cash & equivalents $270.20M $92.40M $3.34B
Total debt $1.18B $5.01B $198.75B
Shares (diluted) 20.16M 157.00M 2.20B
Enterprise value $449.49M $14.79B $107.22B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricTPBPFGCBTI
P/E 29.2x 41.5x –
P/FCF 66.7x 14.5x –
P/Operating cash flow 40.6x 10.6x –
P/S 2.6x 0.2x –
P/B 2.9x 3.0x 2.3x
P/Tangible book 3.4x 4.4x 2.3x
EV/EBITDA – 11.6x –
EV/EBIT 17.8x 22.4x –
EV/Revenue 2.6x 0.3x –
EV/FCF 67.9x 19.3x –
EV/Operating cash flow 41.4x 14.0x –
PEG (3Y EPS CAGR) 0.56 -11.95 –

Growth

14 metrics
MetricTPBPFGCBTI
Revenue growth (1Y) 24.5% 7.2% –
Revenue CAGR (3Y) 11.1% 5.8% –
Gross profit growth (1Y) 31.0% 9.1% –
Gross profit CAGR (3Y) 16.3% 9.0% –
Operating income growth (1Y) -15.0% 8.7% –
Operating income CAGR (3Y) 0.3% 5.0% –
Net income growth (1Y) 23.8% 5.6% –
Net income CAGR (3Y) 69.6% -3.3% –
EPS growth (1Y) -7.6% 5.2% –
EPS CAGR (3Y) 52.4% -3.5% –
Operating cash flow growth (1Y) -46.5% 16.8% –
Operating cash flow CAGR (3Y) -14.0% 19.3% –
Free cash flow growth (1Y) -62.4% 46.2% –
Free cash flow CAGR (3Y) -24.4% 22.3% –

Profitability

14 metrics
MetricTPBPFGCBTI
Gross margin 59.2% 11.9% –
EBITDA margin – 2.5% –
Operating margin 14.8% 1.3% –
Pretax margin 13.6% 0.7% –
Net margin 8.8% 0.5% –
FCF margin 3.9% 1.5% –
Operating cash flow margin 6.4% 2.1% –
Return on equity 14.2% 7.5% –
Return on assets 7.3% 1.9% –
Return on invested capital 9.1% 6.6% –
Return on capital employed 10.3% 6.6% –
Asset turnover 0.6x 3.6x –
Cash conversion (OCF / net income) 0.5x 3.9x –
Stock comp / revenue 1.8% 0.1% –

Financial Health

11 metrics
MetricTPBPFGCBTI
Debt / assets 34.4% 26.6% 32.3%
Debt / equity 0.6x 1.0x 0.8x
Net debt / EBITDA – 2.9x –
Debt / FCF 15.0x 4.9x –
Liabilities / assets 46.9% 74.0% 57.1%
Equity / assets 53.1% 26.0% 42.9%
Interest coverage 2.7x 2.1x –
Current ratio 5.7x 1.5x 0.8x
Quick ratio 3.5x 0.6x 0.5x
Cash ratio 3.1x 0.0x 0.2x
Altman Z-score 3.77 4.71 –

Shareholder Returns

7 metrics
MetricTPBPFGCBTI
Dividend yield 0.5% – 5.4%
Net buyback yield -12.2% -0.3% –
Shareholder yield -11.7% -0.3% 5.4%
Payout ratio (earnings) 10.2% – –
Payout ratio (FCF) 30.9% – –
Dividend growth (1Y) 15.9% – –
Dividend CAGR (3Y) 11.9% – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusTPBPFGCBTI
Forward P/E 55.8xFY2026 16.4xFY2027 13.2xFY2026
EPS, next fiscal year $1.17FY2026 $5.82FY2027 $4.56FY2026
EPS growth, next FY -62.4%FY2026 +27.9%FY2027 -5.2%FY2026
EPS growth, the year after +59.0% +19.8% +18.4%
Revenue, next fiscal year $597.82MFY2026 $75.58BFY2027 $32.92BFY2026
Revenue growth, next FY +29.1%FY2026 +11.4%FY2027 -8.7%FY2026
Revenue growth, the year after +4.7% +5.8% +12.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersTPBPFGCBTI
Held by institutions 99.9% 100.0% 15.0%
Institutions holding 231 529 906
Change in shares held, QoQ +8.1% -0.9% +2.7%
Institutions buying 138 303 488
Institutions selling 66 152 264
Buyers to sellers 2.09 1.99 1.85

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

TPBPFGCBTI
TPB 1.00 0.24 0.30
PFGC 0.24 1.00 0.35
BTI 0.30 0.35 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, TPB, PFGC and BTI?

British American Tobacco p.l.c (BTI) is the largest by market capitalisation: Turning Point Brands (TPB) $1.34B, Performance Food (PFGC) $15.00B, British American Tobacco p.l.c (BTI) $130.85B.

Which stock is cheaper, TPB, PFGC and BTI?

Turning Point Brands (TPB) trades on the lowest price-to-earnings ratio (Turning Point Brands (TPB) 30.1x, Performance Food (PFGC) 41.8x). On next year's consensus earnings, British American Tobacco p.l.c (BTI) is cheapest (Turning Point Brands (TPB) 55.8x, Performance Food (PFGC) 16.4x, British American Tobacco p.l.c (BTI) 13.2x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Turning Point Brands (TPB) grew revenue fastest over the trailing twelve months: Turning Point Brands (TPB) +24.5%, Performance Food (PFGC) +7.2%.

Which company is more profitable?

Turning Point Brands (TPB) has the highest net margin (Turning Point Brands (TPB) 8.8%, Performance Food (PFGC) 0.5%). On return on invested capital, Turning Point Brands (TPB) leads (Turning Point Brands (TPB) 9.1%, Performance Food (PFGC) 6.6%).

Which stock has performed better?

Over the past year British American Tobacco p.l.c (BTI) returned the most: Turning Point Brands (TPB) -28.4%, Performance Food (PFGC) -4.6%, British American Tobacco p.l.c (BTI) +15.5%. Over five years, Performance Food (PFGC) compounded fastest (Turning Point Brands (TPB) +11.6%/yr, Performance Food (PFGC) +15.9%/yr, British American Tobacco p.l.c (BTI) +10.9%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Turning Point Brands (TPB) 0.00%, Performance Food (PFGC) 0.00%, British American Tobacco p.l.c (BTI) 0.00%. Performance Food (PFGC) and British American Tobacco p.l.c (BTI) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, British American Tobacco p.l.c (BTI) has been the steadiest (Turning Point Brands (TPB) 56.5%, Performance Food (PFGC) 29.2%, British American Tobacco p.l.c (BTI) 26.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, TPB, PFGC and BTI?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Turning Point Brands (TPB) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.