Risk factor
Negligible price volatility
Profitability factor
Solid dividends
About
Jerónimo Martins, SGPS, S.A., a company established in Lisbon, Portugal, in 1792, is a prominent player in the food distribution and specialized retail industries, with significant operations across Portugal, Poland, and Colombia. The enterprise strategically organizes its activities into several key divisions: Portuguese Retail, Portuguese Cash & Carry, Polish Retail, Colombian Retail, and other consolidated and adjustment segments. In Poland, the group manages the popular Biedronka food store chain and the Hebe network of health and beauty outlets. Colombian consumers are served by its Ara food retail stores. Within its home country of Portugal, Jerónimo Martins operates supermarkets and associated restaurants under the Pingo Doce brand, in addition to the Recheio cash-and-carry warehouses. Its diverse Portuguese portfolio also extends to Bem-Estar pharmacies, petrol stations, and clothing lines under the Code brand. Further operations include Jeronymo kiosks and coffee shops, along with Hussel chocolate and confectionery stores. Beyond its core retail ventures, Jerónimo Martins diversifies into various support and related sectors. These encompass human resources and property management, training services, and aquaculture involving saline brackish waters. The company actively participates in the wholesale distribution of fresh produce, retail management consulting, logistics solutions, and real estate transactions. Its agricultural interests span crop cultivation and animal husbandry, while industrial ventures include the manufacturing of dairy products. Additionally, the services it provides range from economic, accounting, and financial management to business portfolio oversight, and even sea passenger transport. The group further engages in the trading and extensive distribution of consumer goods, operates in both non-food retail and wholesale markets, and delivers a spectrum of other business support and distribution services. Jerónimo Martins, SGPS, S.A. operates as a subsidiary of Sociedade Francisco Manuel dos Santos, SGPS, S.E.
Company Valuation
From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks. In particular, the stock is reasonably priced on P/E, of fair value
Target Price
The average target price of JMT.LS is 20.8 and suggests 16.8% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to in