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Jerónimo Martins, SGPS, S.A. JMT.LS

PT · Euronext Lisbon · XLIS · stock · Consumer Defensive · website

Jerónimo Martins, SGPS, S.A. statistics & valuation

Market cap€10.8B
P / E16.7×
P / S0.3×
P / B3.3×
P / FCF7.9×
Net margin1.8%
FCF margin3.8%
Net debt€3.3B
Enterprise value USD$16.3B
Earnings yield EBIT/EV8.7%
Return on capital15.3%
Graham number -36%€11.01

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (€11.01); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
2.30% 2.50% 1.80% 1.80% 2022202320242025
Gross margin (%)
21.00% 20.40% 20.50% 20.70% 2022202320242025
Operating margin (%)
3.90% 4.00% 3.30% 3.40% 2022202320242025
Return on equity (%)
25.30% 26.90% 19.90% 19.60% 2022202320242025
Shares outstanding
628.4M 628.4M 628.4M 628.4M 2022202320242025
Net debt (€)
€1.37B €2.21B €3.11B €3.30B 2022202320242025
Share buybacks (€)
2022202320242025
Return on assets (%)
5.00% 5.30% 3.90% 3.80% 2022202320242025
Free cash flow margin (%)
4.80% 3.10% 1.90% 3.80% 2022202320242025
Debt / equity (×)
1.35× 1.47× 1.64× 1.69× 2022202320242025
EPS (€)
€0.94 €1.20 €0.95 €1.03 2022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Jerónimo Martins, SGPS, S.A. trades at about 16.7× earnings — below its 10-year norm (10-year range 17.6×–21.2×, median 20.1×).

16.7× 21.2×

Shaded band = 10-year range (17.6×–21.2×); dot = today's 16.7×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022
Gross margin20.7%20.5%20.4%21.0%
Operating margin3.4%3.3%4.0%3.9%
Net margin1.8%1.8%2.5%2.3%
FCF margin3.8%1.9%3.1%4.8%
Return on assets3.8%3.9%5.3%5.0%
Return on equity19.6%19.9%26.9%25.3%
Debt / equity0.16×0.17×0.10×0.10×
Current ratio0.620.610.600.60

Computed from company filings · PT · as of 2025-12-31. Figures in EUR. Facts plus Stocktoria's own computed scores — not investment advice.