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Jerónimo Martins SGPS S.A

Company price
20.63 USD 0.00(0%)
Last update at 2026-11-02T14:30:00Z
Market Cap
14893.89M
P/E
20.43

Momentum Score

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Jerónimo Martins, SGPS, S.A. operates in the food distribution sector in Portugal, Poland, Colombia, Slovakia, and internationally. The company operates through Portugal Retail, Portugal Cash & Carry, Poland Retail, Poland Health and Beauty, and Colombia Retail segments. It engages in the operation of chain of food stores under the Biedronka brand; online sales offerings, such as deliveries under the Biek brand, alternative ordering and delivery solutions with e-commerce players, and non-food products through a website; supermarket chains under the Pingo Doce brand; cash and carry stores under the Recheio brand; Bem-Estar parapharmacies and petrol stations; and coffee shops and kiosks under the Jeronymo brand. The company is also involved in the provision of specialized retail of health and beauty products, as well as in-store consultation services under the Hebe brand; operation of a chain of proximity food stores under the Ara brand; and production of dairy, livestock farming, aquaculture, and fruit and vegetables. In addition, it engages in the real estate purchase and sale; sea passenger water transport; renting of air transport equipment; growing of crops and animal farming; saline brackish waters aquaculture; and retail management, consultancy, and logistics. 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 B.V.

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Day Price Range
20.63
Low
20.63
High
52 Week Price Range
23.57
Low
23.70
High

Momentum Score

…
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Jerónimo Martins SGPS is a Portugal-based food retailer operating Pingo Doce in Portugal, Biedronka in Poland and the Ara discount chain in Colombia. Long-term growth drivers include Biedronka's market-leading position and ongoing store expansion, Ara's rollout, private-label margin growth and omnichannel development, which may support resilient cash generation.
Key risks are significant exposure to Poland and Colombia macro and currency swings, intense competition and margin pressure from food inflation and supply-chain volatility.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
20.63
Dividend Yield
2.74%
Revenue TTM
36877.00M
Revenue Per Share
58.68
Gross Profit TTM
7683.00M
Debt / Equity
1.69
ROE
19.98%
Net Debt
3302.76M
ROCE
16.28%
Diluted EPS TTM
1.16

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax 882.67M 801.00M 1012.00M 814.00M 652.00M
Minority interest -11.00M -7.00M -10.00M -17.00M -21.00M
Net income 646.76M 599.00M 756.00M 590.00M 463.00M
Selling general administrative 568.00M 514.00M 495.00M 411.00M 351.00M
Selling and marketing expenses 5529.00M 5148.00M 4490.00M 3850.00M 3306.00M
Gross profit 6289.64M 6851.00M 6251.00M 5332.00M 4497.00M
Reconciled depreciation 1143.00M 1043.00M 861.00M 782.00M 745.00M
Ebit 1309.51M 1117.00M 1249.00M 1006.00M 816.00M
Ebitda 2451.08M 2160.00M 2151.00M 1788.00M 1561.00M
Depreciation and amortization 1141.57M 1043.00M 902.00M 782.00M 745.00M
Operating income 1309.51M 1070.00M 1187.00M 976.00M 806.00M
Other operating expenses 34641.02M 32394.00M 29421.00M 24381.00M 20069.00M
Interest expense 364.00M 316.00M 237.00M 165.00M 147.00M
Tax provision 225.00M 195.00M 250.00M 207.00M 168.00M
Interest income 45.00M 47.00M 42.00M 15.00M 1.00M
Net interest income -328.00M -281.00M -183.00M -158.00M -152.00M
Income tax expense 224.92M 195.00M 239.00M 207.00M 168.00M
Total revenue 35977.52M 33464.00M 30608.00M 25385.00M 20889.00M
Total operating expenses 4953.14M 5781.00M 5064.00M 4328.00M 3677.00M
Cost of revenue 29687.88M 26613.00M 24357.00M 20053.00M 16392.00M
Total other income expense net -426.84M -269.00M -175.00M -162.00M -154.00M
Net income from continuing ops 658.00M 606.00M 741.00M 607.00M 484.00M
Net income applicable to common shares - - - - 463.00M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 17051.61M 15297.00M 14297.00M 11845.00M 10368.00M
Intangible assets 163.94M 156.00M 155.00M 142.00M 139.00M
Other current assets 562.79M 112.00M 728.00M 1.00M 1.00M
Total liab 13523.93M 12044.00M 11230.00M 9260.00M 7836.00M
Total stockholder equity 3289.77M 3006.00M 2814.00M 2331.00M 2278.00M
Deferred long term liab - - - 3.00M 10.00M
Other current liab 1679.85M 1626.03M 1328.00M 1284.00M -1.00M
Common stock 628.76M 629.00M 629.00M 629.00M 629.00M
Capital stock 629.00M 629.00M 629.00M 629.00M 629.00M
Retained earnings 2732.98M 2460.00M 2278.00M 1869.00M 1773.00M
Other liab - - - 249.00M 171.00M
Good will 648.76M 639.00M 635.00M 613.00M 618.00M
Other assets - - - - 250.00M
Cash 2267.15M 1823.00M 1938.00M 1781.00M 1494.00M
Total current liabilities 9005.63M 7917.00M 7827.00M 6525.00M 5325.00M
Current deferred revenue 35.99M 30.02M 17.66M - 1164.00M
Net debt 3302.76M 3098.00M 2210.00M 1367.00M 1353.00M
Short term debt 1387.00M 1103.00M 1015.00M 662.00M 507.00M
Short long term debt 717.00M 496.00M 485.00M 232.00M 113.00M
Short long term debt total 5569.91M 4921.00M 4148.00M 3148.00M 2847.00M
Other stockholder equity 15.99M -83.00M -93.00M -167.00M -124.00M
Property plant equipment - - - - 6241.00M
Total current assets 5603.90M 4834.00M 4668.00M 3917.00M 3112.00M
Net tangible assets - - - 1576.00M 1528.00M
Short term investments - 58.00M 135.00M 21.00M 33.00M
Net receivables 499.81M 825.00M 71.00M 609.00M 470.00M
Long term debt 520.00M 507.00M 280.00M 238.00M 347.00M
Inventory 2274.15M 2016.00M 1790.00M 1505.00M 1114.00M
Accounts payable 5938.77M 5350.00M 5224.00M 4579.00M 3655.00M
Accumulated other comprehensive income -87.97M -102.49M -121.41M - -
Non currrent assets other 3.00M 130.00M 441.00M 93.00M 101.00M
Non current assets total 11447.71M 10463.00M 9629.00M 7928.00M 7256.00M
Capital lease obligations 4322.00M 3918.00M 3383.00M 2678.00M 2387.00M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments 59.00M -896.00M -1051.00M -825.00M -33.00M
Change to liabilities - - - 0.00M 527.00M
Total cashflows from investing activities -1067.60M -896.00M -1184.00M - -617.00M
Net borrowings 203.00M 283.00M 198.00M - -326.00M
Total cash from financing activities -873.67M -866.00M -752.00M -950.00M -676.00M
Change to operating activities - - - - 1.00M
Net income 645.76M 599.00M 756.00M 590.00M 463.00M
Change in cash 660.95M -115.00M 157.00M 287.00M 453.00M
Begin period cash flow 1606.20M 1938.00M 1781.00M 1494.00M 1041.00M
End period cash flow 2267.15M 1823.00M 1938.00M 1781.00M 1494.00M
Total cash from operating activities 2374.11M 1654.00M 2025.00M 2095.00M 1756.00M
Depreciation 1141.57M 1043.00M 902.00M 782.00M 745.00M
Other cashflows from investing activities - 53.00M -56.00M - -
Dividends paid 370.86M 429.00M 363.00M -511.00M -198.00M
Change to inventory -237.91M -206.00M -190.00M -421.00M -148.00M
Change to account receivables 5.00M 10.00M -16.00M -11.00M -4.00M
Other cashflows from financing activities -705.74M -328.00M -239.00M -439.00M -478.00M
Change to netincome - - - 188.00M 172.00M
Capital expenditures 1055.60M 1005.00M 1188.00M 887.00M 584.00M
Change in working capital 365.86M -202.00M 176.00M 535.00M 376.00M
Stock based compensation - - 8.00M - -
Other non cash items 240.91M 214.00M 191.00M 188.00M 172.00M
Free cash flow 1318.51M 649.00M 837.00M 1208.00M 1172.00M

Peer Comparison*

Sector: Consumer Defensive Industry: Food Distribution

Stock Name
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
-
-%
20.63 20.43 16.39 0.40 3.86 0.39 5.87
SYY
Sysco Corporation
-7.47
9.14%
74.27 22.81 16.47 0.45 15.01 0.63 12.91
JRONY
Jeronimo Martins SGPS SA ADR
-0.05
0.12%
41.35 19.98 23.09 0.54 5.70 0.62 8.86
USFD
US Foods Holding Corp
-4.44
4.20%
101.36 25.21 13.79 0.31 2.33 0.44 11.80
PFGC
Performance Food Group Co
-4.31
4.27%
96.53 25.71 15.08 0.20 2.77 0.27 12.02

Profile*

Jerónimo Martins SGPS S.A

Jerónimo Martins, SGPS, S.A. operates in the food distribution sector in Portugal, Poland, Colombia, Slovakia, and internationally. The company operates through Portugal Retail, Portugal Cash & Carry, Poland Retail, Poland Health and Beauty, and Colombia Retail segments. It engages in the operation of chain of food stores under the Biedronka brand; online sales offerings, such as deliveries under the Biek brand, alternative ordering and delivery solutions with e-commerce players, and non-food products through a website; supermarket chains under the Pingo Doce brand; cash and carry stores under the Recheio brand; Bem-Estar parapharmacies and petrol stations; and coffee shops and kiosks under the Jeronymo brand. The company is also involved in the provision of specialized retail of health and beauty products, as well as in-store consultation services under the Hebe brand; operation of a chain of proximity food stores under the Ara brand; and production of dairy, livestock farming, aquaculture, and fruit and vegetables. In addition, it engages in the real estate purchase and sale; sea passenger water transport; renting of air transport equipment; growing of crops and animal farming; saline brackish waters aquaculture; and retail management, consultancy, and logistics. 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 B.V.

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

351 21 753 2000

124800

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

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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