Jerónimo Martins, SGPS stock
JMT.LSLISJerónimo Martins, SGPS, S.A., Consumer DefensiveISIN PTJMT0AE0001
67Score 67 out of 100, Neutral
Price and trend
64 / 100
Price history
−12% in one yearThe chart shows daily closes over 20 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Above the 200-day line: the price is 3.8% above it.
Since May 2026 the 50-day line has been below the 200-day line; the trend has turned down.
Overheated: the price has risen very quickly lately (RSI 72).
The price is 13% below its 52-week high. Largest decline in 20 years: 62% (April 2013 to October 2014).
Chart figures for advanced users
- SMA 50$20.06
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$20.82
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)72
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$17.93
- The lowest closing price of the last twelve months.
- Resistance$24.89
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Jerónimo Martins, SGPS, S.A. belongs to the Grocery Stores industry (Portugal) and, with a market value of $13.58B, is number 8 of 27 companies in its industry on MEQIRI.
- In fiscal 2025 it reported revenue of $39.88B (up 7.6% year on year) and earnings of $716.94M (up 8%).
- For fiscal 2026, analysts expect on average revenue of $41.88B (up 5%) and adjusted earnings per share of $1.23 (down 2%).
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- MEQIRI Score 67 out of 100 (Neutral): rank 99 of 296 in Consumer Defensive, median 62.
- The P/E is 21.7 (Grocery Stores median 19.7, own median of recent years 20.6).
- Our model puts fair value at $28.76, with the price 25% below it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- Earnings turn into cashFree cash flow 229% of earnings over the last 12 months.Fundamentals 95
- Consistently profitableProfit in all 10 fiscal years from 2016 to 2025.Fundamentals 95
- Below fair valuePrice 25% below the fair value of $28.76.Valuation 78
Weaknesses
None of our weakness checks flags anything. Crash risk is measured separately.
Its standout strengths are fundamentals and valuation, while stability holds the score back.
Daily figure as of 13 Nov 2026
How the score is calculatedScore overview
Fundamentals are strong, with stable profits and strong cash generation.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk medium
How well MEQIRI warnsIn the middle among stocks ranked 101 to 1,000.
From 2016 to 2025, 13 in 100 such stocks fell 30% or more within a year, against a group average of 15 in 100.
What lowers it
- solid fundamentals
Valuation
Valuation signal
Significantly undervaluedIn our model the price counts as cheap below $23.97 and expensive above $35.96 (uncertainty low, based on the price swings of the past year).
The two parts of the fair value come to $37.86 (cash-flow model) and $19.67 (industry comparison), and the gap between them shows how uncertain the estimate is.
Calculated with a cost of equity of 7.8%. At 8.8% the fair value would be $25.79, at 6.8% it would be $33.21.
Valuation metrics
Half from the cash-flow model, half from earnings times the industry P/E (19.7).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Sep 2026, revenue rose 5.8% on the twelve months before. Revenue has grown solidly since 2006, at about 12% per year.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2025: gross 17%, operating 4%, net 2%.
Debt & balance sheet
latest quarterDebt is elevated. Keep an eye on the interest burden and refinancing.
Earnings
- Next earnings
- 24 Mar 2027in 131 days
- Last reported
- 28 Oct 2026EPS reported $0.38 (expected $0.36)above expectations
Analyst estimates
Earnings estimates have barely changed since 15 Oct 2026.
- Earnings per share
- $1.23+0.8%
- Revenue
- $41.88B−0.3%
- Earnings per share
- $1.42+2.4%
- Revenue
- $44.44B−0.1%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook confirmed
Share price after the results: +3.5%Jerónimo Martins confirms the outlook from July 29 unchanged, with no adjustment to the full-year guidance for Biedronka or Ara.
“The outlook, as presented on July 29, remains unchanged.”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 29 Oct 2026 (fiscal Q3 2026), read by AI.
What happened at Jerónimo Martins, SGPS
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
296 rated companies in Consumer Defensive
- This company
- 67
- Sector median
- 62
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Grocery Stores
The next larger and next smaller companies by market value
- Koninklijke Ahold DelhaizeAD.AS $34.15B69
- Seven & i Holdings3382.T $30.92B67
- George WestonWN.TO $29.23B63
- MetroMRU.TO $14.5B67
- CarrefourCA.PA $10.98B56
- KeskoKESKOA.HE $10.85B57
- Dino PolskaDNP.WA $9.33B68
- EmpireEMP-A.TO $8.03B58
ETFs that hold Jerónimo Martins, SGPS
Held by 123 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| Deka EURO iSTOXX ex Fin Dividend+ UCITS ETFELFC | 1.58% | 0.31% | €386.85M |
| Invesco EURO STOXX High Dividend Low Volatility UCITS ETFEHDV | 1.53% | 0.30% | €592.28M |
| Xtrackers Euro Stoxx Quality Dividend UCITS ETF 1DDXSA | 0.93% | 0.30% | €793.89M |
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| WisdomTree Eurozone Quality Dividend Growth UCITS ETF EUR AccWTIM | 0.91% | 0.29% | €49.19M |
| UBS Factor MSCI EMU Prime Value Screened UCITS ETF EUR disUIMZ | 0.72% | 0.25% | €67.92M |
| iShares EURO STOXX Mid UCITS ETFIQQM | 0.65% | 0.40% | €560.15M |
| State Street SPDR MSCI Europe Consumer Staples UCITS ETFSPYC | 0.48% | 0.18% | €204.03M |
| iShares MSCI Europe Consumer Staples Sector UCITS ETFESIS | 0.48% | 0.18% | €292.4M |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = €0.9024)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 19 Sep 2025)
- Valuation signal Undervalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.