Jerónimo Martins SGPS S.A

Consumer Defensive US JRONF

19.23USD
-(-%)

Last update at 2024-12-18T20:00:00Z

Day Range

18.5218.52
LowHigh

52 Week Range

19.9223.17
LowHigh

Fundamentals

  • Previous Close 19.23
  • Market Cap16036.73M
  • Volume1
  • P/E Ratio18.10
  • Dividend Yield2.60%
  • EBITDA1707.00M
  • Revenue TTM29444.00M
  • Revenue Per Share TTM46.85
  • Gross Profit TTM 4497.00M
  • Diluted EPS TTM1.27

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 814.00M 652.00M 458.66M 549.23M 561.79M
Minority interest -17.00000M -21.00000M 249.06M 253.94M 238.36M
Net income 590.00M 463.00M 312.13M 389.87M 401.04M
Selling general administrative 411.00M 351.00M 334.48M 322.29M 3163.79M
Selling and marketing expenses 3850.00M 3306.00M 3203.06M 3031.34M -
Gross profit 5332.00M 4497.00M 4226.71M 4075.51M 3759.88M
Reconciled depreciation 782.00M 745.00M 733.79M 715.37M 363.74M
Ebit 1006.00M 816.00M 634.35M 718.53M 598.21M
Ebitda 1788.00M 1561.00M 1368.14M 1433.90M 947.27M
Depreciation and amortization 782.00M 745.00M 733.79M 715.37M -
Non operating income net other - - - - 0.00000M
Operating income 976.00M 806.00M 638.89M 706.03M 596.09M
Other operating expenses 24381.00M 20069.00M 18625.14M 17917.59M 2.12M
Interest expense 165.00M 147.00M 148.30M 159.13M 21.75M
Tax provision 207.00M 168.00M 135.94M 128.46M 131.93M
Interest income 15.00M 1.00M 2.21M 3.60M 2.11M
Net interest income -158.00000M -152.00000M -152.72200M -160.77000M -24.03900M
Extraordinary items - - - - 0.00000M
Non recurring - - - - 0.00000M
Other items - - - - 0.00000M
Income tax expense 207.00M 168.00M 135.94M 128.46M 131.93M
Total revenue 25385.00M 20889.00M 19293.50M 18638.22M 17336.71M
Total operating expenses 4328.00M 3677.00M 3558.35M 3354.88M 16740.62M
Cost of revenue 20053.00M 16392.00M 15066.79M 14562.71M 13576.83M
Total other income expense net -162.00000M -154.00000M -180.23100M -156.80500M -36.42200M
Discontinued operations - - - - 0.00000M
Net income from continuing ops 607.00M 484.00M 322.72M 420.77M 429.86M
Net income applicable to common shares - 463.00M 312.00M 389.87M 401.04M
Preferred stock and other adjustments - - - - 0.00000M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 11845.00M 10368.00M 9427.91M 9751.87M 6659.93M
Intangible assets 142.00M 139.00M 137.28M 153.31M 155.03M
Earning assets - - - - -
Other current assets 1.00M 1.00M 7.00M 5.56M 3.82M
Total liab 9260.00M 7836.00M 7170.72M 7522.96M 4643.67M
Total stockholder equity 2331.00M 2278.00M 2008.13M 1974.97M 1777.90M
Deferred long term liab 3.00M 10.00M 12.00M 9.49M 9.39M
Other current liab 1284.00M -1.00000M 948.70M 916.39M 279.96M
Common stock 629.00M 629.00M 629.29M 629.29M 629.29M
Capital stock 629.00M 629.00M 629.29M 629.29M 629.29M
Retained earnings 1869.00M 1773.00M 1491.10M 1396.29M 1209.26M
Other liab 249.00M 171.00M 169.00M 168.89M 168.03M
Good will 613.00M 618.00M 620.09M 640.70M 637.49M
Other assets - 250.00M 255.00M 244.27M 222.19M
Cash 1781.00M 1494.00M 1041.39M 929.31M 545.99M
Cash and equivalents - - - - -
Total current liabilities 6525.00M 5325.00M 4740.88M 5046.02M 4187.19M
Current deferred revenue - 1164.00M - - -
Net debt 1367.00M 1353.00M 1755.38M 2187.41M 78.07M
Short term debt 662.00M 507.00M 536.42M 808.66M 0.00000M
Short long term debt 232.00M 113.00M 159.73M 423.69M 346.53M
Short long term debt total 3148.00M 2847.00M 2796.77M 3116.72M -
Other stockholder equity -167.00000M -124.00000M -112.26200M -50.61900M -77.04600M
Property plant equipment - 6241.00M 5984.00M 6304.89M 3687.05M
Total current assets 3917.00M 3112.00M 2434.20M 2409.66M 1961.17M
Long term investments - - - 6.52M 4.57M
Net tangible assets 1576.00M 1528.00M 1260.00M 1188.43M 992.95M
Short term investments 21.00M 33.00M - 945.00M 250.57M
Net receivables 609.00M 470.00M 410.00M 430.60M 440.68M
Long term debt 238.00M 347.00M 363.80M 308.76M 277.52M
Inventory 1505.00M 1114.00M 978.71M 1044.19M 970.65M
Accounts payable 4579.00M 3655.00M 3255.76M 3320.96M 3039.81M
Total permanent equity - - - - 0.00000M
Noncontrolling interest in consolidated entity - - - - 0.00000M
Temporary equity redeemable noncontrolling interests - - - - 0.00000M
Accumulated other comprehensive income - - - - 0.00000M
Additional paid in capital - - - - 0.00000M
Common stock total equity - - - - 0.00000M
Preferred stock total equity - - - - 0.00000M
Retained earnings total equity - - - - 0.00000M
Treasury stock - - - - 0.00000M
Accumulated amortization - - - - 0.00000M
Non currrent assets other 93.00M 101.00M 89.12M 105.19M 4698.76M
Deferred long term asset charges - - - - 0.00000M
Non current assets total 7928.00M 7256.00M 6993.71M 7342.21M 4698.76M
Capital lease obligations 2678.00M 2387.00M 2273.24M 2384.27M 15.15M
Long term debt total - - - - 0.00000M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -825.00000M -33.00000M -33.00000M 2.99M 0.60M
Change to liabilities 0.00000M 527.00M 205.00M 276.38M 210.46M
Total cashflows from investing activities - -617.00000M -488.00000M -566.99700M -700.08500M
Net borrowings - -326.00000M -420.00000M -164.26000M 128.32M
Total cash from financing activities -950.00000M -676.00000M -807.39200M -549.46000M -299.16000M
Change to operating activities - 1.00M 4.00M 4.00M 4.00M
Net income 590.00M 463.00M 312.13M 389.87M 401.04M
Change in cash 287.00M 453.00M 112.08M 383.32M -135.34500M
Begin period cash flow 1494.00M 1041.00M 929.31M 545.99M 681.33M
End period cash flow 1781.00M 1494.00M 1041.39M 929.31M 545.99M
Total cash from operating activities 2095.00M 1756.00M 1448.88M 1492.09M 875.03M
Issuance of capital stock - - - - -
Depreciation 782.00M 745.00M 733.79M 715.37M 358.44M
Other cashflows from investing activities - - 22.00M 3.71M 17.15M
Dividends paid -511.00000M -198.00000M -232.27400M -219.50100M 385.23M
Change to inventory -421.00000M -148.00000M -30.95500M -84.77700M -160.15000M
Change to account receivables -11.00000M -4.00000M 23.00M -5.77000M 1.90M
Sale purchase of stock - - - - 0.00000M
Other cashflows from financing activities -439.00000M -478.00000M -575.11800M -329.95900M -42.25200M
Change to netincome 188.00M 172.00M 157.00M 201.02M 58.05M
Capital expenditures 887.00M 584.00M 513.70M 575.53M 719.76M
Change receivables - - - - 0.00000M
Cash flows other operating - - - - 0.00000M
Exchange rate changes - - - - 0.00000M
Cash and cash equivalents changes - - - - 0.00000M
Change in working capital 535.00M 376.00M 189.05M 185.83M 52.21M
Stock based compensation - - - - -
Other non cash items 188.00M 172.00M 213.91M 201.02M 25.11M
Free cash flow 1208.00M 1172.00M 935.17M 916.56M 128.83M

Peer Comparison

Sector: Consumer Defensive Industry: Food Distribution

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
JRONF
Jerónimo Martins SGPS S.A
- -% 19.23 18.10 22.22 0.53 5.17 0.62 8.78
SYY
Sysco Corporation
- -% 77.08 20.66 16.72 0.48 17.38 0.63 12.66
JRONY
Jeronimo Martins SGPS SA ADR
0.35 0.93% 37.87 19.98 23.09 0.54 5.70 0.62 8.86
BZLFY
Bunzl plc
-0.65 3.06% 20.57 12.45 17.09 1.31 2.10 1.20 11.87
BZLFF
Bunzl plc
- -% 44.51 24.19 16.64 1.31 4.08 1.20 11.88

Reports Covered

Stock Research & News

Profile

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; Colombia Retail; and Others, Eliminations and Adjustments segments. It operates food stores under the Biedronka name; and a chain of health and beauty stores under the Hebe banner in Poland, as well as food stores under the Ara name in Colombia. The company also operates supermarkets under the Pingo Doce banner; and cash and carry stores under the Recheio name in Portugal. In addition, it operates restaurants under the Pingo Doce name; Bem-Estar pharmacies; petrol stations; and clothing under Code brand. Further, the company operates kiosks and coffee shops under the Jeronymo name; and 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; wholesale of fruit and vegetables; retail management, consultancy, and logistics activities; the purchase and sale of real estate; growing of crops and farming of animals; retail sale of health and beauty products; manufacture of milk and dairy products; and provision of economic and accounting, business portfolio management, financial, and sea passenger water transport 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. operates as a subsidiary of Sociedade Francisco Manuel Dos Santos, S.G.P.S., S.A.

Jerónimo Martins SGPS S.A

Rua Actor AntOnio Silva n. o 7, Lisbon, Portugal, 1649-033

Key Executives

Name Title Year Born
Mr. Pedro Manuel de Castro Soares dos Santos Chairman & CEO 1960
Ms. Ana Luísa Abreu Coelho Virgínia Chief Financial Officer NA
Ms. Cláudia Falcão Head of Investor Relations NA
Mr. Carlos Miguel Martins Ferreira Chief Legal Officer, Director of Legal Affairs & Substitute Sec. NA
Ms. Sara Miranda Chief Communications & Corp. Responsibility Officer NA
Ms. Marta Lopes Maia Head of HR NA
Mr. Jose A. Luis Nogueira de Brito Head of Institutional Relations and Commercial & Global Sourcing 1939
Ms. Rita Marques Head of Fiscal Affairs NA
Ms. Conceicao Carrapeta Head of Financial Operations & Insurance NA
Ms. Madalena Mena Head of Data Privacy NA

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