Fundamental analysis JMT.LS (Jerónimo Martins, SGPS, S.A.)

Updated on 07/20/2026

We analyzed Jerónimo Martins, SGPS stock against the 10 quality criteria of Lubin Investment. The company gets a quality score of 6/10, meaning medium quality, and a P/FCF valuation multiple of 7.7×.

Sector: Food Distribution. Listing: LS. Current price: 16.84 EUR.

Lubin scoring methodology

Jerónimo Martins, SGPS, S.A. (JMT.LS)'s score is calculated automatically from 10 objective financial criteria, with no human intervention or opinion. Each criterion is validated (YES / PARTIAL / NO) based on thresholds drawn from the financial literature (Warren Buffett, Bettin-Mauboussin, Aswath Damodaran). The final score is the sum of validations.

The 10 quantitative criteria analyzed

1. Profitable: positive net margin
2. Growing revenue: revenue growing > 10%/year over 5 years
3. Growing earnings per share: FCF per share adjusted for stock-based compensation, > 10%/year over 5 years
4. Share count under control: stable or declining (net buybacks = value creation for shareholders)
5. Cash profitability: free cash flow margin > 10% of revenue
6. Expanding margins: operating margin widens over 5 years (operating leverage)
7. Return on invested capital: Bettin-Mauboussin Cash ROCE > 15% per year
8. Debt under control: net debt repayable in less than 3 years of free cash flow
9. Earnings converted to cash: free cash flow exceeds accounting net income
10. Net collection period: short or negative cash conversion cycle

Frequently asked questions

Is Jerónimo Martins, SGPS a quality stock?

Jerónimo Martins, SGPS gets a quality score of 6/10 (medium quality), calculated over the 10 Lubin Investment criteria: profitability, revenue and free cash flow growth, share buybacks, margins, debt and return on capital.

How is Jerónimo Martins, SGPS's score calculated?

The score is the total of validated criteria (YES / PARTIAL / NO) using thresholds drawn from the financial literature (Warren Buffett, Mauboussin, Aswath Damodaran), automatically and with no human opinion.

What is Jerónimo Martins, SGPS's P/FCF?

The price-to-free-cash-flow (P/FCF) multiple of Jerónimo Martins, SGPS stock is 7.7×. At Lubin Investment, valuation is judged separately from quality.

Where to see Jerónimo Martins, SGPS's full analysis?

The full interactive analysis (10-criteria detail, history, P/FCF valuation, sector comparisons) is available at https://lubin-investment.com/analyse/JMT.LS?lng=en.

Other stocks in the Food Distribution sector

• US Foods Holding (USFD) — score 7/10, P/FCF 24.4×
• Bunzl (BNZL.L) — score 6/10, P/FCF 1083.2×
• Mission Produce (AVO) — score 6/10, P/FCF 45.1×
• Sysco (SYY) — score 6/10, P/FCF 21.4×
• G. Willi-Food International (WILC) — score 6/10, P/FCF 18.8×

Go further

👉 See the full interactive analysis of JMT.LS

Other resources : Detailed methodology · All stocks in the Food Distribution sector · Stocks rated 10 out of 10 · Top quality companies · Lubin Investment pricing.