JERONIMO MARTINS (JMT.LS)
PTJMT0AE0001 - Common Stock
Overall JMT gets a fundamental rating of 5 out of 10. We evaluated JMT against 29 industry peers in the Consumer Staples Distribution & Retail industry. JMT has an excellent profitability rating, but there are concerns on its financial health. JMT has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
JMT had positive earnings in the past year.
In the past year JMT had a positive cash flow from operations.
In the past 5 years JMT has always been profitable.
In the past 5 years JMT always reported a positive cash flow from operatings.
1.2 Ratios
JMT's Return On Assets of 5.29% is fine compared to the rest of the industry. JMT outperforms 68.97% of its industry peers.
Looking at the Return On Equity, with a value of 26.91%, JMT belongs to the top of the industry, outperforming 82.76% of the companies in the same industry.
The Return On Invested Capital of JMT (14.37%) is better than 89.66% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for JMT is significantly above the industry average of 8.73%.
The 3 year average ROIC (13.87%) for JMT is below the current ROIC(14.37%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.29% | ||
| ROE | 26.91% | ||
| ROIC | 14.37% |
ROA(3y)4.91%
ROA(5y)4.41%
ROE(3y)24.17%
ROE(5y)21.56%
ROIC(3y)13.87%
ROIC(5y)12.8%
1.3 Margins
JMT has a Profit Margin of 2.47%. This is in the better half of the industry: JMT outperforms 75.86% of its industry peers.
In the last couple of years the Profit Margin of JMT has remained more or less at the same level.
The Operating Margin of JMT (4.03%) is better than 72.41% of its industry peers.
In the last couple of years the Operating Margin of JMT has grown nicely.
JMT's Gross Margin of 20.42% is in line compared to the rest of the industry. JMT outperforms 44.83% 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 | 4.03% | ||
| PM (TTM) | 2.47% | ||
| GM | 20.42% |
OM growth 3Y4.19%
OM growth 5Y3.2%
PM growth 3Y15.15%
PM growth 5Y1.32%
GM growth 3Y-2.31%
GM growth 5Y-1.19%
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.
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
An Altman-Z score of 3.02 indicates that JMT is not in any danger for bankruptcy at the moment.
JMT has a Altman-Z score of 3.02. This is comparable to the rest of the industry: JMT outperforms 58.62% of its industry peers.
JMT has a debt to FCF ratio of 4.39. This is a neutral value as JMT would need 4.39 years to pay back of all of its debts.
JMT's Debt to FCF ratio of 4.39 is fine compared to the rest of the industry. JMT outperforms 72.41% of its industry peers.
JMT has a Debt/Equity ratio of 1.11. This is a high value indicating a heavy dependency on external financing.
JMT has a Debt to Equity ratio of 1.11. This is in the lower half of the industry: JMT underperforms 65.52% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.11 | ||
| Debt/FCF | 4.39 | ||
| Altman-Z | 3.02 |
ROIC/WACC2.03
WACC7.08%
2.3 Liquidity
A Current Ratio of 0.60 indicates that JMT may have some problems paying its short term obligations.
The Current ratio of JMT (0.60) is worse than 89.66% of its industry peers.
A Quick Ratio of 0.37 indicates that JMT may have some problems paying its short term obligations.
The Quick ratio of JMT (0.37) is worse than 75.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.6 | ||
| Quick Ratio | 0.37 |
3. Growth
3.1 Past
JMT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 22.77%, which is quite impressive.
JMT shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 14.50% yearly.
Looking at the last year, JMT shows a very strong growth in Revenue. The Revenue has grown by 20.58%.
Measured over the past years, JMT shows a quite strong growth in Revenue. The Revenue has been growing by 12.04% on average per year.
EPS 1Y (TTM)22.77%
EPS 3Y35.36%
EPS 5Y14.5%
EPS growth Q2Q18.52%
Revenue 1Y (TTM)20.58%
Revenue growth 3Y16.63%
Revenue growth 5Y12.04%
Revenue growth Q2Q16.66%
3.2 Future
The Earnings Per Share is expected to grow by 9.24% on average over the next years. This is quite good.
JMT is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.92% yearly.
EPS Next Y3.09%
EPS Next 2Y6.89%
EPS Next 3Y7.56%
EPS Next 5Y9.24%
Revenue Next Year10.48%
Revenue Next 2Y8.85%
Revenue Next 3Y8.39%
Revenue Next 5Y6.92%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
The Price/Earnings ratio is 15.60, which indicates a correct valuation of JMT.
JMT's Price/Earnings ratio is a bit cheaper when compared to the industry. JMT is cheaper than 62.07% of the companies in the same industry.
JMT's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 24.67.
The Price/Forward Earnings ratio is 15.14, which indicates a correct valuation of JMT.
The rest of the industry has a similar Price/Forward Earnings ratio as JMT.
JMT is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 21.02, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.6 | ||
| Fwd PE | 15.14 |
4.2 Price Multiples
JMT's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. JMT is cheaper than 68.97% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, JMT is valued a bit cheaper than 62.07% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.89 | ||
| EV/EBITDA | 5.98 |
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.
The excellent profitability rating of JMT may justify a higher PE ratio.
PEG (NY)5.05
PEG (5Y)1.08
EPS Next 2Y6.89%
EPS Next 3Y7.56%
5. Dividend
5.1 Amount
JMT has a Yearly Dividend Yield of 3.52%.
Compared to an average industry Dividend Yield of 3.72, JMT has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.40, JMT pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.52% |
5.2 History
The dividend of JMT decreases each year by -1.18%.
Dividend Growth(5Y)-1.18%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
JMT pays out 47.95% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP47.95%
EPS Next 2Y6.89%
EPS Next 3Y7.56%
JERONIMO MARTINS
ELI:JMT (4/30/2024, 7:00:00 PM)
19.35
-0.14 (-0.72%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupConsumer Staples Distribution & Retail
GICS IndustryConsumer Staples Distribution & Retail
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap12.18B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.52% |
Dividend Growth(5Y)
DP
Div Incr Years
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Surprises & Revisions
EPS beat(2)
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PT rev (1m)
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EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
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Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.6 | ||
| Fwd PE | 15.14 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)5.05
PEG (5Y)1.08
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.29% | ||
| ROE | 26.91% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 4.03% | ||
| PM (TTM) | 2.47% | ||
| GM | 20.42% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover2.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.11 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.6 | ||
| Quick Ratio | 0.37 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)22.77%
EPS 3Y35.36%
EPS 5Y
EPS growth Q2Q
EPS Next Y3.09%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)20.58%
Revenue growth 3Y16.63%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
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OCF growth 1Y
OCF growth 3Y
OCF growth 5Y