JERONIMO MARTINS (JMT.LS) Stock Fundamental Analysis
Europe - Euronext Lisbon - ELI:JMT - PTJMT0AE0001 - Common Stock
20.55 EUR
+0.11 (+0.54%)
We assign a fundamental rating of 4 out of 10 to JMT. JMT was compared to 25 industry peers in the Consumer Staples Distribution & Retail industry. There are concerns on the financial health of JMT while its profitability can be described as average. JMT is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year JMT was profitable.
JMT had a positive operating cash flow in the past year.
JMT had positive earnings in each of the past 5 years.
In the past 5 years JMT always reported a positive cash flow from operatings.
1.2 Ratios
JMT has a Return On Assets (4.02%) which is comparable to the rest of the industry.
The Return On Equity of JMT (21.17%) is better than 76.00% of its industry peers.
Looking at the Return On Invested Capital, with a value of 12.51%, JMT belongs to the top of the industry, outperforming 84.00% of the companies in the same industry.
JMT had an Average Return On Invested Capital over the past 3 years of 13.72%. This is above the industry average of 9.36%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.02% | ||
| ROE | 21.17% | ||
| ROIC | 12.51% |
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 has a Profit Margin (1.78%) which is in line with its industry peers.
JMT's Profit Margin has declined in the last couple of years.
JMT's Operating Margin of 3.53% is in line compared to the rest of the industry. JMT outperforms 56.00% of its industry peers.
JMT's Operating Margin has declined in the last couple of years.
The Gross Margin of JMT (20.54%) is worse than 68.00% 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 | 3.53% | ||
| PM (TTM) | 1.78% | ||
| GM | 20.54% |
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
JMT has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
The number of shares outstanding for JMT remains at a similar level compared to 1 year ago.
Compared to 5 years ago, JMT has about the same amount of shares outstanding.
The debt/assets ratio for JMT is higher compared to a year ago.
2.2 Solvency
JMT has an Altman-Z score of 3.09. This indicates that JMT is financially healthy and has little risk of bankruptcy at the moment.
JMT has a Altman-Z score (3.09) which is in line with its industry peers.
The Debt to FCF ratio of JMT is 5.49, which is a neutral value as it means it would take JMT, 5.49 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of JMT (5.49) is comparable to the rest of the industry.
A Debt/Equity ratio of 1.36 is on the high side and indicates that JMT has dependencies on debt financing.
The Debt to Equity ratio of JMT (1.36) is worse than 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.36 | ||
| Debt/FCF | 5.49 | ||
| Altman-Z | 3.09 |
ROIC/WACC1.74
WACC7.17%
2.3 Liquidity
JMT has a Current Ratio of 0.57. This is a bad value and indicates that JMT is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.57, JMT is not doing good in the industry: 96.00% of the companies in the same industry are doing better.
JMT has a Quick Ratio of 0.57. This is a bad value and indicates that JMT is not financially healthy enough and could expect problems in meeting its short term obligations.
JMT has a Quick ratio of 0.31. This is in the lower half of the industry: JMT underperforms 72.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.57 | ||
| Quick Ratio | 0.31 |
3. Growth
3.1 Past
JMT shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by 0.00%.
Measured over the past years, JMT shows a quite strong growth in Earnings Per Share. The EPS has been growing by 9.40% on average per year.
The Revenue has grown by 9.33% in the past year. This is quite good.
The Revenue has been growing by 12.42% on average over the past years. This is quite good.
EPS 1Y (TTM)0%
EPS 3Y12.88%
EPS 5Y9.4%
EPS Q2Q%12.9%
Revenue 1Y (TTM)9.33%
Revenue growth 3Y17.01%
Revenue growth 5Y12.42%
Sales Q2Q%7.92%
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 10.65% on average per year.
The Revenue is expected to grow by 6.59% on average over the next years.
EPS Next Y4.67%
EPS Next 2Y10.49%
EPS Next 3Y12%
EPS Next 5Y10.65%
Revenue Next Year7.49%
Revenue Next 2Y7.2%
Revenue Next 3Y7.08%
Revenue Next 5Y6.59%
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
With a Price/Earnings ratio of 18.35, JMT is valued on the expensive side.
Based on the Price/Earnings ratio, JMT is valued a bit more expensive than 60.00% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.31. JMT is valued slightly cheaper when compared to this.
A Price/Forward Earnings ratio of 16.03 indicates a correct valuation of JMT.
Based on the Price/Forward Earnings ratio, JMT is valued a bit more expensive than the industry average as 68.00% of the companies are valued more cheaply.
When comparing the Price/Forward Earnings ratio of JMT to the average of the S&P500 Index (36.56), we can say JMT is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.35 | ||
| Fwd PE | 16.03 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of JMT indicates a somewhat cheap valuation: JMT is cheaper than 64.00% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of JMT is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.56 | ||
| EV/EBITDA | 7.2 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates JMT does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)3.93
PEG (5Y)1.95
EPS Next 2Y10.49%
EPS Next 3Y12%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.82%, JMT has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.80, JMT has a dividend in line with its industry peers.
JMT's Dividend Yield is a higher than the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.82% |
5.2 History
On average, the dividend of JMT grows each year by 16.00%, which is quite nice.
Dividend Growth(5Y)16%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
63.09% 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.
DP63.09%
EPS Next 2Y10.49%
EPS Next 3Y12%
ELI:JMT (12/1/2025, 9:14:07 AM)
20.55
+0.11 (+0.54%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupConsumer Staples Distribution & Retail
GICS IndustryConsumer Staples Distribution & Retail
Earnings (Last)
Earnings (Next)
Inst Owners23.49%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap12.93B
Revenue(TTM)33.46B
Net Income(TTM)615.00M
Analysts77.69
Price Target25.31 (23.16%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.82% |
Yearly Dividend0.68
Dividend Growth(5Y)16%
DP63.09%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)24.36%
Min EPS beat(2)22.31%
Max EPS beat(2)26.41%
EPS beat(4)4
Avg EPS beat(4)17.54%
Min EPS beat(4)0.7%
Max EPS beat(4)26.41%
EPS beat(8)6
Avg EPS beat(8)7.28%
EPS beat(12)8
Avg EPS beat(12)6.46%
EPS beat(16)11
Avg EPS beat(16)5.39%
Revenue beat(2)0
Avg Revenue beat(2)-0.72%
Min Revenue beat(2)-1.07%
Max Revenue beat(2)-0.36%
Revenue beat(4)0
Avg Revenue beat(4)-0.85%
Min Revenue beat(4)-1.07%
Max Revenue beat(4)-0.36%
Revenue beat(8)2
Avg Revenue beat(8)-0.65%
Revenue beat(12)5
Avg Revenue beat(12)-0.03%
Revenue beat(16)8
Avg Revenue beat(16)0.22%
PT rev (1m)0.07%
PT rev (3m)1.6%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-3.69%
EPS NY rev (1m)0.45%
EPS NY rev (3m)0.09%
Revenue NQ rev (1m)0.01%
Revenue NQ rev (3m)-0.93%
Revenue NY rev (1m)-0.23%
Revenue NY rev (3m)-0.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.35 | ||
| Fwd PE | 16.03 | ||
| P/S | 0.37 | ||
| P/FCF | 13.56 | ||
| P/OCF | 6.52 | ||
| P/B | 4.45 | ||
| P/tB | 6.15 | ||
| EV/EBITDA | 7.2 |
EPS(TTM)1.12
EY5.45%
EPS(NY)1.28
Fwd EY6.24%
FCF(TTM)1.52
FCFY7.38%
OCF(TTM)3.15
OCFY15.34%
SpS54.92
BVpS4.62
TBVpS3.34
PEG (NY)3.93
PEG (5Y)1.95
Graham Number10.79
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.02% | ||
| ROE | 21.17% | ||
| ROCE | 16.46% | ||
| ROIC | 12.51% | ||
| ROICexc | 15.56% | ||
| ROICexgc | 17.98% | ||
| OM | 3.53% | ||
| PM (TTM) | 1.78% | ||
| GM | 20.54% | ||
| FCFM | 2.76% |
ROA(3y)4.73%
ROA(5y)4.39%
ROE(3y)24.04%
ROE(5y)21.6%
ROIC(3y)13.72%
ROIC(5y)13%
ROICexc(3y)19.89%
ROICexc(5y)18.44%
ROICexgc(3y)24.39%
ROICexgc(5y)22.89%
ROCE(3y)18.05%
ROCE(5y)17.1%
ROICexgc growth 3Y-6.83%
ROICexgc growth 5Y1.01%
ROICexc growth 3Y-4.11%
ROICexc growth 5Y2.52%
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%
F-Score5
Asset Turnover2.26
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.36 | ||
| Debt/FCF | 5.49 | ||
| Debt/EBITDA | 1.71 | ||
| Cap/Depr | 94.32% | ||
| Cap/Sales | 2.98% | ||
| Interest Coverage | 3.49 | ||
| Cash Conversion | 85.81% | ||
| Profit Quality | 155.12% | ||
| Current Ratio | 0.57 | ||
| Quick Ratio | 0.31 | ||
| Altman-Z | 3.09 |
F-Score5
WACC7.17%
ROIC/WACC1.74
Cap/Depr(3y)109.84%
Cap/Depr(5y)95.58%
Cap/Sales(3y)3.34%
Cap/Sales(5y)3.1%
Profit Quality(3y)146.03%
Profit Quality(5y)198.17%
High Growth Momentum
Growth
EPS 1Y (TTM)0%
EPS 3Y12.88%
EPS 5Y9.4%
EPS Q2Q%12.9%
EPS Next Y4.67%
EPS Next 2Y10.49%
EPS Next 3Y12%
EPS Next 5Y10.65%
Revenue 1Y (TTM)9.33%
Revenue growth 3Y17.01%
Revenue growth 5Y12.42%
Sales Q2Q%7.92%
Revenue Next Year7.49%
Revenue Next 2Y7.2%
Revenue Next 3Y7.08%
Revenue Next 5Y6.59%
EBIT growth 1Y2.95%
EBIT growth 3Y11.3%
EBIT growth 5Y10.06%
EBIT Next Year113.4%
EBIT Next 3Y37.1%
EBIT Next 5Y24.05%
FCF growth 1Y-4.02%
FCF growth 3Y-17.88%
FCF growth 5Y-6.67%
OCF growth 1Y-0.2%
OCF growth 3Y-1.97%
OCF growth 5Y2.08%
JERONIMO MARTINS / JMT.LS FAQ
What is the fundamental rating for JMT stock?
ChartMill assigns a fundamental rating of 4 / 10 to JMT.LS.
What is the valuation status for JMT stock?
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.
What is the earnings growth outlook for JERONIMO MARTINS?
The Earnings per Share (EPS) of JERONIMO MARTINS (JMT.LS) is expected to grow by 4.67% in the next year.
Is the dividend of JERONIMO MARTINS sustainable?
The dividend rating of JERONIMO MARTINS (JMT.LS) is 4 / 10 and the dividend payout ratio is 63.09%.