Jerónimo Martins, SGPS, S.A. operates in the food distribution and specialized retail sectors in Portugal, Poland, and Colombia.
Adequate balance sheet average dividend payer.
Share Price & News
How has Jerónimo Martins SGPS's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: JEM has not had significant price volatility in the past 3 months.
7 Day Return
DE Consumer Retailing
1 Year Return
DE Consumer Retailing
Return vs Industry: JEM exceeded the German Consumer Retailing industry which returned -9.4% over the past year.
Return vs Market: JEM exceeded the German Market which returned -17.7% over the past year.
Price Volatility Vs. Market
How volatile is Jerónimo Martins SGPS's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Jerónimo Martins SGPS undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: JEM (€15.9) is trading below our estimate of fair value (€16.9)
Significantly Below Fair Value: JEM is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: JEM is poor value based on its PE Ratio (25.8x) compared to the Consumer Retailing industry average (17.3x).
PE vs Market: JEM is poor value based on its PE Ratio (25.8x) compared to the German market (16.4x).
Price to Earnings Growth Ratio
PEG Ratio: JEM is poor value based on its PEG Ratio (3.2x)
Price to Book Ratio
PB vs Industry: JEM is overvalued based on its PB Ratio (5.1x) compared to the XE Consumer Retailing industry average (1.3x).
How is Jerónimo Martins SGPS forecast to perform in the next 1 to 3 years based on estimates from 21 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: JEM's forecast earnings growth (8.1% per year) is above the savings rate (-0.4%).
Earnings vs Market: JEM's earnings (8.1% per year) are forecast to grow slower than the German market (14.3% per year).
High Growth Earnings: JEM's earnings are forecast to grow, but not significantly.
Revenue vs Market: JEM's revenue (4.5% per year) is forecast to grow faster than the German market (4.1% per year).
High Growth Revenue: JEM's revenue (4.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: JEM's Return on Equity is forecast to be high in 3 years time (20.2%)
How has Jerónimo Martins SGPS performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: JEM has high quality earnings.
Growing Profit Margin: JEM's current net profit margins (2.1%) are lower than last year (2.3%).
Past Earnings Growth Analysis
Earnings Trend: JEM's earnings have grown by 2.8% per year over the past 5 years.
Accelerating Growth: JEM's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: JEM had negative earnings growth (-2.8%) over the past year, making it difficult to compare to the Consumer Retailing industry average (2.2%).
Return on Equity
High ROE: JEM's Return on Equity (18.9%) is considered low.
How is Jerónimo Martins SGPS's financial position?
Financial Position Analysis
Short Term Liabilities: JEM's short term assets (€2.4B) do not cover its short term liabilities (€5.0B).
Long Term Liabilities: JEM's short term assets (€2.4B) do not cover its long term liabilities (€2.5B).
Debt to Equity History and Analysis
Debt Level: JEM's debt to equity ratio (32.9%) is considered satisfactory.
Reducing Debt: JEM's debt to equity ratio has reduced from 43.9% to 32.9% over the past 5 years.
Debt Coverage: JEM's debt is well covered by operating cash flow (203.7%).
Interest Coverage: JEM's interest payments on its debt are well covered by EBIT (4.6x coverage).
Inventory Level: JEM has a high level of physical assets or inventory.
Debt Coverage by Assets: JEM's debt is covered by short term assets (assets are 3.3x debt).
What is Jerónimo Martins SGPS's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: JEM's dividend (2.16%) is higher than the bottom 25% of dividend payers in the German market (1.7%).
High Dividend: JEM's dividend (2.16%) is low compared to the top 25% of dividend payers in the German market (4.97%).
Stability and Growth of Payments
Stable Dividend: JEM's dividend payments have been volatile in the past 10 years.
Growing Dividend: JEM's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (55.6%), JEM's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: JEM's dividends in 3 years are forecast to be covered by earnings (53.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Pedro de Castro Soares dos Santos (59yo)
Mr. Pedro Manuel de Castro Soares dos Santos serves as Manager of Friedman – Sociedade de Investimentos Mobiliários e Imobiliários, Lda, Hermes – Sociedade de Investimentos Mobiliários e Imobiliários,Lda. ...
CEO Compensation Analysis
Compensation vs Market: Pedro's total compensation ($USD1.02M) is below average for companies of similar size in the German market ($USD4.93M).
Compensation vs Earnings: Pedro's compensation has been consistent with company performance over the past year.
|Chairman of the Board & CEO||9.92yrs||€924.15k||0.044% €4.4m|
|Chief Financial Officer||0.92yr||no data||no data|
|Head of Investor Relations||no data||no data||no data|
|Chief Legal Officer||no data||no data||no data|
|Chief Communications & Corporate Responsibility Officer||no data||no data||no data|
|Chief Marketing & Consumer Officer||4.75yrs||no data||no data|
|Head of Human Resources||no data||no data||no data|
|Head of Fiscal Affairs||no data||no data||no data|
|Head of Risk Management||no data||no data||no data|
|Head of International Expansion and Strategy & Information Technology||no data||no data||no data|
Experienced Management: JEM's management team is considered experienced (4.8 years average tenure).
|Chairman of the Board & CEO||9.92yrs||€924.15k||0.044% €4.4m|
|Non-Executive Director||4.92yrs||€80.00k||no data|
|Independent Non-Executive Director||9.92yrs||€80.00k||no data|
|Independent Non-Executive Director||0.92yr||€90.00k||no data|
|Independent Non-Executive Director||4.92yrs||€80.00k||0.00013% €13.1k|
|Independent Non-Executive Director||6.92yrs||€120.00k||no data|
|Non-Executive Director||6.92yrs||€83.00k||no data|
|Independent Non-Executive Director||6.92yrs||€80.00k||no data|
|Independent Non-Executive Director||0.92yr||€80.00k||no data|
|Non-Executive Director||0.92yr||no data||no data|
Experienced Board: JEM's board of directors are considered experienced (5.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Jerónimo Martins, SGPS, S.A.'s company bio, employee growth, exchange listings and data sources
- Name: Jerónimo Martins, SGPS, S.A.
- Ticker: JEM
- Exchange: DB
- Founded: 1792
- Industry: Food Retail
- Sector: Consumer Retailing
- Market Cap: €10.055b
- Shares outstanding: 628.43m
- Website: https://www.jeronimomartins.com
Number of Employees
- Jerónimo Martins, SGPS, S.A.
- Rua Actor António Silva, No. 7
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|JMT||ENXTLS (Euronext Lisbon)||Yes||Ordinary Shares||PT||EUR||Nov 1989|
|0EXG||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Nov 1989|
|JRON.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Nov 1989|
|JEM||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Nov 1989|
|JMTU||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Nov 1989|
|JMT N||BMV (Bolsa Mexicana de Valores)||Yes||Ordinary Shares||MX||MXN||Nov 1989|
|JEM||ETLX (Eurotlx)||Yes||Ordinary Shares||IT||EUR||Nov 1989|
|JRON.Y||OTCPK (Pink Sheets LLC)||ADR||US||USD||Oct 2008|
Jerónimo Martins, SGPS, S.A. operates in the food distribution and specialized retail sectors in Portugal, Poland, and Colombia. The company operates through Portugal Retail; Portugal Cash & Carry; Poland Retail; and Others, Eliminations and Adjustments segments. It operates 2,900 food stores under the Biedronka name; and a chain of 30 pharmacies and 200 drugstores under the Hebe banner in Poland, as well as 532 food stores under the Ara name in Colombia. The company also operates 432 supermarkets under the Pingo Doce banner, including 12 Pingo Doce & Go supermarkets; and 38 cash and carry stores and 4 platforms under the Recheio name in Portugal. In addition, it operates restaurants under the Refeições no Sítio do Costume name; Bem-Estar stores; and petrol stations, as well as offers New Code branded adults' and children's clothing, and Spot branded shoes and accessories. Further, the company operates 22 kiosks and coffee shops under the Jeronymo name; and 24 chocolates and confectionary retail stores under Hussel name. Additionally, the company engages in human resources top management, real estate management and administration, training, and saline brackish waters aquaculture; retail management, consultancy, and logistics activities; the purchase and sale of real estate; growing of crops and farming of animals; retail sale of pharmaceutical, orthopedic, and health and beauty products; manufacture of milk and dairy products; and provision of economic and accounting, business portfolio management, investment management, and financial services. It is also involved in the trading and distribution of consumer goods; retail and wholesale of non-food products; other business support service activities; and provision of services in the area of wholesale and retail distribution. The company was founded in 1792 and is headquartered in Lisbon, Portugal. Jerónimo Martins, SGPS, S.A. is a subsidiary of Sociedade Francisco Manuel dos Santos, SGPS, S.E.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/30 22:37|
|End of Day Share Price||2020/03/30 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.