Valuation Jerónimo Martins, SGPS, S.A.

Equities

Market Closed - Euronext Lisbonne Other stock markets 16:55:00 06/03/2026 GMT			After hours 20:48:59
21.28 ^EUR	-0.09%		21.31	+0.14%

02-20	Food retail – from price wars to platform wars
02-18	PKO BP Securities Downgrades Jerónimo Martins to Hold, Lowers PT	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	8,685	12,632	12,682	14,479	11,595	13,373	13,373	-
Change	-	45.44%	0.4%	14.17%	-19.92%	15.34%	0%	-
Enterprise Value (EV) ¹	10,437	13,952	14,042	16,576	14,659	16,697	16,584	16,423
Change	-	33.67%	0.65%	18.05%	-11.57%	13.9%	-0.68%	-0.97%
P/E ratio	27.6x	27.2x	21.5x	19.2x	19.4x	19.9x	17.2x	15x
PBR	4.33x	5.54x	-	5.15x	3.86x	4.03x	3.67x	3.33x
PEG	-	0.6x	0.8x	0.7x	-0.9x	1.6x	1.1x	1.1x
Capitalization / Revenue	0.45x	0.6x	0.5x	0.47x	0.35x	0.37x	0.35x	0.33x
EV / Revenue	0.54x	0.67x	0.55x	0.54x	0.44x	0.46x	0.43x	0.4x
EV / EBITDA	7.33x	8.8x	7.57x	7.65x	6.57x	6.84x	6.25x	5.72x
EV / EBIT	15.1x	16.6x	13.1x	13.1x	12.3x	12.9x	11.6x	10.4x
EV / FCF	11.2x	11.9x	-	48x	-236x	34.9x	26.2x	20.5x
FCF Yield	8.96%	8.4%	-	2.08%	-0.42%	2.87%	3.82%	4.88%
Dividend per Share ²	0.288	0.785	-	0.655	0.66	0.6182	0.6874	0.7753
Rate of return	2.08%	3.91%	-	2.84%	3.58%	2.9%	3.23%	3.64%
EPS ²	0.5	0.74	0.94	1.2	0.95	1.068	1.24	1.415
Distribution rate	57.6%	106%	-	54.6%	69.5%	57.9%	55.4%	54.8%
Net sales ¹	19,293	20,889	25,385	30,608	33,464	35,948	38,448	40,975
EBITDA ¹	1,423	1,585	1,854	2,168	2,232	2,442	2,652	2,871
EBIT ¹	689	840	1,071	1,266	1,189	1,289	1,429	1,581
Net income ¹	312	463	590	756	599	669.3	777.1	887.1
Net Debt ¹	1,752	1,320	1,360	2,097	3,064	3,324	3,211	3,050
Reference price ²	13.82	20.10	20.18	23.04	18.45	21.28	21.28	21.28
Nbr of stocks (in thousands)	628,434	628,434	628,434	628,434	628,434	628,434	628,434	-
Announcement Date	03/03/21	09/03/22	22/03/23	06/03/24	20/03/25	-	-	-

¹EUR in Million²EUR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
JERÓNIMO MARTINS, SGPS, S.A.	19.95x	0.46x	6.84x	2.9%	15.48B
FOMENTO ECONÓMICO MEXICANO, S.A.B. DE C.V.	27.43x	0.89x	6.22x	6.92%	35.18B
SEVEN & I HOLDINGS CO., LTD.	18.16x	0.63x	7.08x	2.51%	29.39B
AVENUE SUPERMARTS LIMITED	82.14x	3.64x	48.27x	-.--%	27.18B
CASEY'S GENERAL STORES, INC.	38.47x	1.57x	19.02x	0.34%	24.87B
COLES GROUP LIMITED	25.1x	0.83x	8.89x	3.67%	19.87B
SM INVESTMENTS CORPORATION	8.68x	1.76x	5.86x	2%	14.25B
CARREFOUR	10.28x	0.24x	4.29x	6.54%	12.44B
DINO POLSKA S.A.	23.52x	1.15x	14.54x	-.--%	10.49B
J SAINSBURY PLC	18.72x	0.4x	6.09x	5.94%	10.29B
Average	27.24x	1.16x	12.71x	3.08%	19.94B
Weighted average by Cap.	31.02x	1.28x	14.27x	3.08%