Added to YB: 2026-09-03
Pitch date: 2026-08-29
JMT.LS [bullish]
Jerónimo Martins, SGPS, S.A.
Author Info
No bio for this author
Company Info
Jerónimo Martins, SGPS, S.A. operates in the food distribution sector in Portugal, Poland, Colombia, Slovakia, and internationally.
Market Cap
EUR 11.3B
Pitch Price
N/A
Price Target
N/A
Dividend
3.61%
EV/EBITDA
7.97
P/E
17.88
EV/Sales
0.43
Sector
Consumer Staples Distribution and Retail
Category
value
August Buy & Hold Purchases; Bonds, Jeronimo Martins - $JMT.LS
JMT.LS: Jerónimo Martins offers a 13x-earnings entry into a grocer still taking share through Poland’s downturn, with underappreciated long-term growth from Colombia’s Ara. Biedronka, nearly 80% of EBITDA, grew sales 5.9% despite falling Polish food volumes, while Ara can open 200+ stores annually and potentially double its 5% EBITDA margin as it matures. Persistent wage inflation, weak Polish pricing and long-term demographic pressure are the key risks.
Read full article (4 min)