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Stock Comparison · Structural lead, mixed market

British American Tobacco p.l.c. vs 3M Company: Which Stock Looks Stronger in 2026?

British American Tobacco p.l.c holds the cleaner structural position, with the lead spread across growth and stability. 3M Company still has the edge on profitability, which keeps the comparison from looking entirely one-sided. On the market side, British American Tobacco p.l.c is in better shape — its trend is intact while 3M Company's trend has broken down. That puts structure and market broadly in agreement — British American Tobacco p.l.c's lead looks more confirmed than conflicted.

The comparison is based on similar long-term financial trajectories, not sector labels. Peer scores are normalised within each company's primary universe (BATS.L: STOXX 600, MMM: Russell 1000).

Updated 2026-05-17

This is not just a one-metric split: both growth and stability materially support the lead. British American Tobacco p.l.c. leads by 18 points on the overall comparison score.

Trajectory Similarity
0.60
Moderately similar
Peer-set rank: #2
within British American Tobacco p.l.c.'s functional peer set

This pair is matched through long-term financial trajectory similarity within the selected peer universe.

The pair shares a valid long-term profile match, but the trajectories are not especially close.

The strongest overlap appears in revenue growth trajectory and investment intensity.

Similarity drivers
revenue growth trajectoryinvestment intensity
How to read the score
0.85–1.00 · Very similar0.70–0.84 · Similar0.55–0.69 · Moderately similarbelow 0.55 · Loose match
Peer-Relative Score
BATS.L
British American Tobacco p.l.c.
76
Peer-Score
Signal qualityMedium
Peer basis: STOXX 600
vs
MMM
3M Company
58
Peer-Score
Signal qualityMedium
Peer basis: Russell 1000

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

The largest gaps do not all point in the same direction.

Dimension spread: BATS.L vs MMM Profitability 75 94 Stability 71 37 Valuation 82 67 Growth 74 10 BATS.L MMM
Gap Ranking
#1 Growth +64
#2 Stability +34
#3 Profitability +19
#4 Valuation +15
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for BATS.L and MMM Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer BATS.LMMM Relative valuation Structural strength

British American Tobacco p.l.c. looks stronger both structurally and on relative valuation.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Relative Position vs Comparable Companies
Growth
British American Tobacco p.l.c. ranks near the top of the group on growth; 3M Company sits in the weaker half.
Stability
The same broad pattern appears on stability: British American Tobacco p.l.c. ranks near the top of the group, while 3M Company stays in the weaker half.
Growth — Dominant Gap
BATS.L
74
MMM
10
Gap+64in favour of BATS.L

Earnings growth is one contributing factor within the growth lead.

What keeps the gap from being one-sided

Capital efficiency also runs the other way, with a 25-point ROIC edge acting as a real counterforce.

What this means for the comparison

The lead is built on both growth and stability — though profitability still provides a counterweight.

Explore full peer positioning in AssetNext

Break down the BATS.L vs MMM comparison across all dimensions with the full interactive tool.

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Similar growth-driven comparisons

Explore how BATS.L and MMM each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.