JERONIMO MARTINS (JMT.LS) Stock Fundamental Analysis
ELI:JMT - Euronext Lisbon - PTJMT0AE0001 - Common Stock - Currency: EUR
JMT gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 24 industry peers in the Consumer Staples Distribution & Retail industry. While JMT is still in line with the averages on profitability rating, there are concerns on its financial health. JMT is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
JMT had positive earnings in the past year.
JMT had a positive operating cash flow in the past year.
JMT had positive earnings in each of the past 5 years.
Of the past 5 years JMT 4 years had a positive operating cash flow.
1.2 Ratios
The Return On Assets of JMT (4.48%) is better than 66.67% of its industry peers.
JMT has a Return On Equity of 22.39%. This is amongst the best in the industry. JMT outperforms 83.33% of its industry peers.
JMT has a Return On Invested Capital of 12.83%. This is amongst the best in the industry. JMT outperforms 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.48% | ||
| ROE | 22.39% | ||
| ROIC | 12.83% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of JMT (1.94%) is comparable to the rest of the industry.
JMT's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 3.53%, JMT is in the better half of the industry, outperforming 62.50% of the companies in the same industry.
In the last couple of years the Operating Margin of JMT has declined.
Looking at the Gross Margin, with a value of 20.40%, JMT is in line with its industry, outperforming 45.83% of the companies in the same industry.
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) | 1.94% | ||
| GM | 20.4% |
OM growth 3Y-7.43%
OM growth 5Y-3.68%
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) just above the Cost of Capital (WACC), JMT is creating some value.
There is no outstanding debt for JMT. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
JMT has an Altman-Z score of 3.25. This indicates that JMT is financially healthy and has little risk of bankruptcy at the moment.
With a Altman-Z score value of 3.25, JMT perfoms like the industry average, outperforming 58.33% of the companies in the same industry.
The Debt to FCF ratio of JMT is 9.78, which is on the high side as it means it would take JMT, 9.78 years of fcf income to pay off all of its debts.
JMT's Debt to FCF ratio of 9.78 is in line compared to the rest of the industry. JMT outperforms 45.83% of its industry peers.
A Debt/Equity ratio of 1.23 is on the high side and indicates that JMT has dependencies on debt financing.
The Debt to Equity ratio of JMT (1.23) is worse than 70.83% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.23 | ||
| Debt/FCF | 9.78 | ||
| Altman-Z | 3.25 |
ROIC/WACC1.76
WACC7.3%
2.3 Liquidity
JMT has a Current Ratio of 0.56. 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 0.56, JMT is not doing good in the industry: 95.83% of the companies in the same industry are doing better.
JMT has a Quick Ratio of 0.56. 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 worse Quick ratio (0.31) than 87.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.56 | ||
| Quick Ratio | 0.31 |
3. Growth
3.1 Past
JMT shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -15.32%.
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.
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%-21.88%
Revenue 1Y (TTM)9.33%
Revenue growth 3Y17.01%
Revenue growth 5Y12.42%
Sales Q2Q%6.66%
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 14.35% on average per year.
Based on estimates for the next years, JMT will show a small growth in Revenue. The Revenue will grow by 4.03% on average per year.
EPS Next Y5.78%
EPS Next 2Y12.15%
EPS Next 3Y12.49%
EPS Next 5Y14.35%
Revenue Next Year6.77%
Revenue Next 2Y6.55%
Revenue Next 3Y6.19%
Revenue Next 5Y4.03%
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 accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
JMT is valuated rather expensively with a Price/Earnings ratio of 20.29.
JMT's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 28.79, JMT is valued a bit cheaper.
A Price/Forward Earnings ratio of 19.18 indicates a rather expensive valuation of JMT.
Compared to the rest of the industry, the Price/Forward Earnings ratio of JMT indicates a slightly more expensive valuation: JMT is more expensive than 75.00% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.38, JMT is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.29 | ||
| Fwd PE | 19.18 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as JMT.
70.83% of the companies in the same industry are cheaper than JMT, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 28.52 | ||
| EV/EBITDA | 7.63 |
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.
A more expensive valuation may be justified as JMT's earnings are expected to grow with 12.49% in the coming years.
PEG (NY)3.51
PEG (5Y)2.16
EPS Next 2Y12.15%
EPS Next 3Y12.49%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.13%, JMT has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 4.40, 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 2.51.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.13% |
5.2 History
The dividend of JMT decreases each year by -1.18%.
Dividend Growth(5Y)-1.18%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
67.24% of the earnings are spent on dividend by JMT. This is not a sustainable payout ratio.
DP67.24%
EPS Next 2Y12.15%
EPS Next 3Y12.49%
ELI:JMT (4/25/2025, 7:00:00 PM)
21.3
-0.1 (-0.47%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupConsumer Staples Distribution & Retail
GICS IndustryConsumer Staples Distribution & Retail
Earnings (Last)
Earnings (Next)
Inst Owners23.67%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap13.40B
Analysts76.3
Price Target22.05 (3.52%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.13% |
Yearly Dividend0.58
Dividend Growth(5Y)-1.18%
DP67.24%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)6.06%
Min EPS beat(2)-8.63%
Max EPS beat(2)20.74%
EPS beat(4)2
Avg EPS beat(4)1.39%
Min EPS beat(4)-8.63%
Max EPS beat(4)20.74%
EPS beat(8)5
Avg EPS beat(8)3.64%
EPS beat(12)7
Avg EPS beat(12)2.76%
EPS beat(16)10
Avg EPS beat(16)2.92%
Revenue beat(2)0
Avg Revenue beat(2)-1.76%
Min Revenue beat(2)-2.56%
Max Revenue beat(2)-0.97%
Revenue beat(4)1
Avg Revenue beat(4)-0.83%
Min Revenue beat(4)-2.56%
Max Revenue beat(4)1.09%
Revenue beat(8)4
Avg Revenue beat(8)-0.09%
Revenue beat(12)7
Avg Revenue beat(12)0.39%
Revenue beat(16)10
Avg Revenue beat(16)0.41%
PT rev (1m)1.03%
PT rev (3m)3.84%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.47%
EPS NY rev (1m)-1.87%
EPS NY rev (3m)-5.46%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.66%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.46%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.29 | ||
| Fwd PE | 19.18 | ||
| P/S | 0.41 | ||
| P/FCF | 28.52 | ||
| P/OCF | 8.9 | ||
| P/B | 4.7 | ||
| P/tB | 6.53 | ||
| EV/EBITDA | 7.63 |
EPS(TTM)1.05
EY4.93%
EPS(NY)1.11
Fwd EY5.21%
FCF(TTM)0.75
FCFY3.51%
OCF(TTM)2.39
OCFY11.24%
SpS52.32
BVpS4.53
TBVpS3.26
PEG (NY)3.51
PEG (5Y)2.16
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.48% | ||
| ROE | 22.39% | ||
| ROCE | 16.88% | ||
| ROIC | 12.83% | ||
| ROICexc | 16.13% | ||
| ROICexgc | 18.87% | ||
| OM | 3.53% | ||
| PM (TTM) | 1.94% | ||
| GM | 20.4% | ||
| FCFM | 1.43% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-7.43%
OM growth 5Y-3.68%
PM growth 3Y-6.88%
PM growth 5Y-3.07%
GM growth 3Y-1.66%
GM growth 5Y-1.31%
F-Score4
Asset Turnover2.31
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.23 | ||
| Debt/FCF | 9.78 | ||
| Debt/EBITDA | 1.61 | ||
| Cap/Depr | 101.47% | ||
| Cap/Sales | 3.15% | ||
| Interest Coverage | 3.77 | ||
| Cash Conversion | 69.02% | ||
| Profit Quality | 73.67% | ||
| Current Ratio | 0.56 | ||
| Quick Ratio | 0.31 | ||
| Altman-Z | 3.25 |
F-Score4
WACC7.3%
ROIC/WACC1.76
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-15.32%
EPS 3Y12.88%
EPS 5Y9.4%
EPS Q2Q%-21.88%
EPS Next Y5.78%
EPS Next 2Y12.15%
EPS Next 3Y12.49%
EPS Next 5Y14.35%
Revenue 1Y (TTM)9.33%
Revenue growth 3Y17.01%
Revenue growth 5Y12.42%
Sales Q2Q%6.66%
Revenue Next Year6.77%
Revenue Next 2Y6.55%
Revenue Next 3Y6.19%
Revenue Next 5Y4.03%
EBIT growth 1Y-4.13%
EBIT growth 3Y8.32%
EBIT growth 5Y8.28%
EBIT Next Year111.56%
EBIT Next 3Y36.12%
EBIT Next 5Y29.95%
FCF growth 1Y-60.27%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-32.77%
OCF growth 3YN/A
OCF growth 5YN/A