JERONIMO MARTINS (JMT.LS) Stock Fundamental Analysis
Europe - Euronext Lisbon - ELI:JMT - PTJMT0AE0001 - Common Stock
20.36 EUR
-0.04 (-0.2%)
Overall JMT gets a fundamental rating of 4 out of 10. We evaluated JMT against 24 industry peers in the Consumer Staples Distribution & Retail industry. JMT has a medium profitability rating, but doesn't score so well on its financial health evaluation. JMT is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
- In the past year JMT was profitable.
- In the past year JMT had a positive cash flow from operations.
- In the past 5 years JMT has always been profitable.
- Each year in the past 5 years JMT had a positive operating cash flow.
1.2 Ratios
- JMT has a Return On Assets of 4.13%. This is comparable to the rest of the industry: JMT outperforms 58.33% of its industry peers.
- With an excellent Return On Equity value of 20.66%, JMT belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
- JMT has a Return On Invested Capital of 12.68%. This is amongst the best in the industry. JMT outperforms 87.50% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for JMT is above the industry average of 9.20%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.13% | ||
| ROE | 20.66% | ||
| ROIC | 12.68% |
ROA(3y)4.73%
ROA(5y)4.39%
ROE(3y)24.04%
ROE(5y)21.6%
ROIC(3y)13.72%
ROIC(5y)13%
1.3 Margins
- JMT's Profit Margin of 1.82% is in line compared to the rest of the industry. JMT outperforms 50.00% of its industry peers.
- JMT's Profit Margin has declined in the last couple of years.
- JMT has a Operating Margin (3.61%) which is comparable to the rest of the industry.
- JMT's Operating Margin has declined in the last couple of years.
- JMT has a Gross Margin of 20.56%. This is in the lower half of the industry: JMT underperforms 66.67% of its industry peers.
- In the last couple of years the Gross Margin of JMT has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.61% | ||
| PM (TTM) | 1.82% | ||
| GM | 20.56% |
OM growth 3Y-4.88%
OM growth 5Y-2.1%
PM growth 3Y-6.88%
PM growth 5Y-3.07%
GM growth 3Y-1.66%
GM growth 5Y-1.31%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), JMT is creating value.
- JMT has about the same amout of shares outstanding than it did 1 year ago.
- The number of shares outstanding for JMT remains at a similar level compared to 5 years ago.
- The debt/assets ratio for JMT is higher compared to a year ago.
2.2 Solvency
- JMT has an Altman-Z score of 3.13. This indicates that JMT is financially healthy and has little risk of bankruptcy at the moment.
- JMT has a Altman-Z score of 3.13. This is comparable to the rest of the industry: JMT outperforms 58.33% of its industry peers.
- JMT has a debt to FCF ratio of 4.26. This is a neutral value as JMT would need 4.26 years to pay back of all of its debts.
- With a decent Debt to FCF ratio value of 4.26, JMT is doing good in the industry, outperforming 75.00% of the companies in the same industry.
- JMT has a Debt/Equity ratio of 1.28. This is a high value indicating a heavy dependency on external financing.
- JMT's Debt to Equity ratio of 1.28 is on the low side compared to the rest of the industry. JMT is outperformed by 79.17% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.28 | ||
| Debt/FCF | 4.26 | ||
| Altman-Z | 3.13 |
ROIC/WACC1.77
WACC7.17%
2.3 Liquidity
- A Current Ratio of 0.58 indicates that JMT may have some problems paying its short term obligations.
- The Current ratio of JMT (0.58) is worse than 95.83% of its industry peers.
- A Quick Ratio of 0.33 indicates that JMT may have some problems paying its short term obligations.
- JMT's Quick ratio of 0.33 is on the low side compared to the rest of the industry. JMT is outperformed by 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.58 | ||
| Quick Ratio | 0.33 |
3. Growth
3.1 Past
- The earnings per share for JMT have decreased strongly by -15.32% in the last year.
- The Earnings Per Share has been growing by 9.40% on average over the past years. This is quite good.
- JMT shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 9.33%.
- The Revenue has been growing by 12.42% on average over the past years. This is quite good.
EPS 1Y (TTM)-15.32%
EPS 3Y12.88%
EPS 5Y9.4%
EPS Q2Q%N/A
Revenue 1Y (TTM)9.33%
Revenue growth 3Y17.01%
Revenue growth 5Y12.42%
Sales Q2Q%-24.25%
3.2 Future
- Based on estimates for the next years, JMT will show a quite strong growth in Earnings Per Share. The EPS will grow by 9.93% on average per year.
- The Revenue is expected to grow by 6.53% on average over the next years.
EPS Next Y6.86%
EPS Next 2Y11.08%
EPS Next 3Y12.19%
EPS Next 5Y9.93%
Revenue Next Year7.49%
Revenue Next 2Y7.07%
Revenue Next 3Y6.95%
Revenue Next 5Y6.53%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- JMT is valuated rather expensively with a Price/Earnings ratio of 19.39.
- Compared to the rest of the industry, the Price/Earnings ratio of JMT is on the same level as its industry peers.
- The average S&P500 Price/Earnings ratio is at 28.60. JMT is valued slightly cheaper when compared to this.
- The Price/Forward Earnings ratio is 15.71, which indicates a correct valuation of JMT.
- Based on the Price/Forward Earnings ratio, JMT is valued a bit more expensive than 62.50% of the companies in the same industry.
- When comparing the Price/Forward Earnings ratio of JMT to the average of the S&P500 Index (25.83), we can say JMT is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.39 | ||
| Fwd PE | 15.71 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of JMT is on the same level as its industry peers.
- Based on the Price/Free Cash Flow ratio, JMT is valued a bit cheaper than 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.36 | ||
| EV/EBITDA | 7.05 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- A more expensive valuation may be justified as JMT's earnings are expected to grow with 12.19% in the coming years.
PEG (NY)2.83
PEG (5Y)2.06
EPS Next 2Y11.08%
EPS Next 3Y12.19%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 2.86%, JMT has a reasonable but not impressive dividend return.
- JMT's Dividend Yield is comparable with the industry average which is at 2.82.
- Compared to an average S&P500 Dividend Yield of 1.82, JMT pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.86% |
5.2 History
- The dividend of JMT is nicely growing with an annual growth rate of 16.00%!
Dividend Growth(5Y)16%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
- 60.34% of the earnings are spent on dividend by JMT. This is not a sustainable payout ratio.
- The dividend of JMT is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP60.34%
EPS Next 2Y11.08%
EPS Next 3Y12.19%
JERONIMO MARTINS / JMT.LS FAQ
What is the fundamental rating for JMT stock?
ChartMill assigns a fundamental rating of 4 / 10 to JMT.LS.
Can you provide the valuation status for JERONIMO MARTINS?
ChartMill assigns a valuation rating of 3 / 10 to JERONIMO MARTINS (JMT.LS). This can be considered as Overvalued.
What is the profitability of JMT stock?
JERONIMO MARTINS (JMT.LS) has a profitability rating of 5 / 10.
Can you provide the PE and PB ratios for JMT stock?
The Price/Earnings (PE) ratio for JERONIMO MARTINS (JMT.LS) is 19.39 and the Price/Book (PB) ratio is 4.12.
How financially healthy is JERONIMO MARTINS?
The financial health rating of JERONIMO MARTINS (JMT.LS) is 3 / 10.