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Jeronimo Martins SGPS SA (DE:JEM0)
FRANKFURT:JEM0

Jeronimo Martins SGPS SA (JEM0) Price & Analysis

2 Followers

JEM0 Stock Chart & Stats

€36.20
-€0.80(-2.35%)
At close: 4:00 PM EDT
€36.20
-€0.80(-2.35%)

Bulls Say, Bears Say

Bulls Say
Revenue And EBITDA GrowthH1 sales grew 5.1% and EBITDA 7.6%, while margin expanded 16 basis points, indicating the group is converting scale into improved operating profit. Continued volume-led growth across banners can reinforce purchasing leverage and support earnings resilience over the coming quarters.
Strong Ara GrowthAra is delivering rapid expansion alongside positive like-for-like growth, demonstrating strong consumer uptake in an important operating market. Sustained store rollout and volume gains can broaden the group’s revenue base and create longer-term scale benefits in procurement and logistics.
Improving Operating MarginsMargin improvement across every business indicates that profitability gains are broad-based rather than dependent on one banner. Better mix, scale and cost control can provide a durable offset to grocery retail’s structurally thin margins and strengthen earnings quality over the next several quarters.
Bears Say
Rising LeverageThe higher debt-to-equity ratio leaves the group more exposed to earnings volatility and funding costs, particularly while grocery net margins remain thin. Greater leverage can constrain financial flexibility and reduce the capacity to absorb weaker trading or fund expansion without added balance-sheet pressure.
Declining Cash ConversionPositive cash generation remains substantial, but the decline in free cash flow and moderate conversion point to higher reinvestment or working-capital demands. If this trajectory persists, it could limit flexibility for expansion, dividends and debt management despite continued accounting profitability.
Biedronka Deflation PressurePronounced deflation at Biedronka is reducing reported sales and cash generation even as customer volumes grow. Persistent price pressure can weaken revenue productivity, make margin protection harder and require continued efficiency or promotional investment to preserve the banner’s earnings contribution.

Jeronimo Martins SGPS SA News

JEM0 FAQ

What was Jeronimo Martins SGPS SA’s price range in the past 12 months?
Jeronimo Martins SGPS SA lowest stock price was €32.20 and its highest was €45.20 in the past 12 months.
    What is Jeronimo Martins SGPS SA’s market cap?
    Jeronimo Martins SGPS SA’s market cap is €11.59B.
      When is Jeronimo Martins SGPS SA’s upcoming earnings report date?
      Jeronimo Martins SGPS SA’s upcoming earnings report date is Oct 28, 2026 which is in 47 days.
        How were Jeronimo Martins SGPS SA’s earnings last quarter?
        Jeronimo Martins SGPS SA released its earnings results on Jul 29, 2026. The company reported €0.613 earnings per share for the quarter, beating the consensus estimate of €0.543 by €0.071.
          Is Jeronimo Martins SGPS SA overvalued?
          According to Wall Street analysts Jeronimo Martins SGPS SA’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Jeronimo Martins SGPS SA pay dividends?
            Jeronimo Martins SGPS SA does not currently pay dividends.
            What is Jeronimo Martins SGPS SA’s EPS estimate?
            Jeronimo Martins SGPS SA’s EPS estimate is 0.71.
              How many shares outstanding does Jeronimo Martins SGPS SA have?
              Jeronimo Martins SGPS SA has 314,646,500 shares outstanding.
                What happened to Jeronimo Martins SGPS SA’s price movement after its last earnings report?
                Jeronimo Martins SGPS SA reported an EPS of €0.613 in its last earnings report, beating expectations of €0.543. Following the earnings report the stock price went up 1.17%.
                  Which hedge fund is a major shareholder of Jeronimo Martins SGPS SA?
                  Currently, no hedge funds are holding shares in DE:JEM0
                  What is the TipRanks Smart Score and how is it calculated?
                  Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                    Jeronimo Martins SGPS SA Stock Smart Score

                    3
                    Underperform
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                    Learn more about TipRanks Smart Score

                    Company Description

                    Jeronimo Martins SGPS SA

                    Jerónimo Martins SGPS SA engages in the production, distribution, and sale of food and other fast moving consumer goods product. It operates through the following segments: Portugal Retail, Portugal Cash and Carry, Poland Retail, Colombia Retail, and Others. The Portugal Retail segment covers the unit of JMR Pingo Doce supermarkets. The Portugal Cash & Carry segment focuses on Recheio. The Poland Retail segment involves the operation under Biedronka banner. The Colombia Retail segment includes operation under Ara banner. The Others segment involves business units with reduced materiality, the holding companies, and the consolidated adjustments of the group. The company was founded by Jerónimo Martins in 1792 and is headquartered in Lisbon, Portugal.

                    Jeronimo Martins SGPS SA (JEM0) Earnings & Revenues

                    JEM0 Company Deck

                    JEM0 Earnings Call

                    Q2 2026
                    0:00 / 0:00
                    Earnings Call Sentiment|Neutral
                    The call describes a solid operational performance: group sales and EBITDA grew, margins improved across all banners, Ara delivered standout growth, and the company continued network expansion and targeted CapEx. However, this positive operational momentum is tempered by meaningful headwinds: pronounced deflation in Poland (pressuring like-for-like sales and cash), negative cash flow before dividends, higher financial costs from expansion, and non-recurring charges. Management remains cautious on H2 macro and competitive dynamics. On balance, positives in execution and profitability are offset by near-term cash/deflation risks and an uncertain outlook.View all DE:JEM0 earnings summaries
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