Jeronimo Martins SGPS SA (JMT) - Net Assets
Based on the latest financial reports, Jeronimo Martins SGPS SA (JMT) has net assets worth €3.35 Billion EUR as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€15.57 Billion) and total liabilities (€12.22 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €3.35 Billion |
| % of Total Assets | 21.53% |
| Annual Growth Rate | -12.41% |
| 5-Year Change | 44.12% |
| 10-Year Change | 104.18% |
| Growth Volatility | 30.19 |
Jeronimo Martins SGPS SA - Net Assets Trend (2000–2024)
This chart illustrates how Jeronimo Martins SGPS SA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Jeronimo Martins SGPS SA (2000–2024)
The table below shows the annual net assets of Jeronimo Martins SGPS SA from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €3.25 Billion | +6.06% |
| 2023-12-31 | €3.07 Billion | +18.65% |
| 2022-12-31 | €2.58 Billion | +2.09% |
| 2021-12-31 | €2.53 Billion | +12.17% |
| 2020-12-31 | €2.26 Billion | +1.27% |
| 2019-12-31 | €2.23 Billion | +10.55% |
| 2018-12-31 | €2.02 Billion | +0.15% |
| 2017-12-31 | €2.01 Billion | +1.14% |
| 2016-12-31 | €1.99 Billion | +24.94% |
| 2015-12-31 | €1.59 Billion | -2.77% |
| 2014-12-31 | €1.64 Billion | -0.64% |
| 2013-12-31 | €1.65 Billion | +9.81% |
| 2012-12-31 | €1.50 Billion | +5.64% |
| 2011-12-31 | €1.42 Billion | +25.61% |
| 2010-12-31 | €1.13 Billion | +6.20% |
| 2009-12-31 | €1.07 Billion | +14.45% |
| 2008-12-31 | €931.12 Million | +7.74% |
| 2007-12-31 | €864.21 Million | +12.63% |
| 2006-12-31 | €767.28 Million | +14.42% |
| 2005-12-31 | €670.57 Million | +17.81% |
| 2004-12-31 | €569.21 Million | +102.02% |
| 2003-12-31 | €281.76 Million | +2.35% |
| 2002-12-31 | €275.28 Million | -1.55% |
| 2001-12-31 | €279.62 Million | -99.64% |
| 2000-12-31 | €78.15 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jeronimo Martins SGPS SA's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 76.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €2.46 Billion | 81.84% |
| Other Components | €546.00 Million | 18.16% |
| Total Equity | €3.01 Billion | 100.00% |
Jeronimo Martins SGPS SA Competitors by Market Cap
The table below lists competitors of Jeronimo Martins SGPS SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wilmar International Limited
F:RTHA
|
$13.42 Billion |
|
Galp Energia SGPS S.A.
LS:GALP
|
$13.45 Billion |
|
Pilbara Minerals Ltd
AU:PLS
|
$13.46 Billion |
|
HMM Co Ltd
KO:011200
|
$13.49 Billion |
|
COSCO Shipping Energy Transportation Co Ltd
SHG:600026
|
$13.39 Billion |
|
Hasbro Inc
NASDAQ:HAS
|
$13.38 Billion |
|
Sumitomo Realty & Development Co. Ltd
F:RL2
|
$13.38 Billion |
|
LIFCO AB B
F:1L30
|
$13.36 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jeronimo Martins SGPS SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,814,000,000 to 3,006,000,000, a change of 192,000,000 (6.8%).
- Net income of 599,000,000 contributed positively to equity growth.
- Dividend payments of 429,000,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €599.00 Million | +19.93% |
| Dividends Paid | €429.00 Million | -14.27% |
| Other Changes | €22.00 Million | +0.73% |
| Total Change | €- | 6.82% |
Book Value vs Market Value Analysis
This analysis compares Jeronimo Martins SGPS SA's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 4.44x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 7.47x to 4.44x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €2.84 | €21.24 | x |
| 2018-12-31 | €2.83 | €21.24 | x |
| 2019-12-31 | €3.14 | €21.24 | x |
| 2020-12-31 | €3.20 | €21.24 | x |
| 2021-12-31 | €3.62 | €21.24 | x |
| 2022-12-31 | €3.71 | €21.24 | x |
| 2023-12-31 | €4.48 | €21.24 | x |
| 2024-12-31 | €4.78 | €21.24 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jeronimo Martins SGPS SA utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 19.93%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.79%
- • Asset Turnover: 2.19x
- • Equity Multiplier: 5.09x
- Recent ROE (19.93%) is below the historical average (27.27%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 75.95% | 1.70% | 1.62x | 27.45x | €50.58 Million |
| 2004 | 27.08% | 2.65% | 1.56x | 6.54x | €58.35 Million |
| 2005 | 26.29% | 2.88% | 1.61x | 5.65x | €68.40 Million |
| 2006 | 23.61% | 2.64% | 1.69x | 5.30x | €66.96 Million |
| 2007 | 22.75% | 2.45% | 1.71x | 5.42x | €73.57 Million |
| 2008 | 25.12% | 2.37% | 1.85x | 5.73x | €98.23 Million |
| 2009 | 25.75% | 2.74% | 1.91x | 4.92x | €122.54 Million |
| 2010 | 33.25% | 3.23% | 2.09x | 4.92x | €196.50 Million |
| 2011 | 30.36% | 3.46% | 2.20x | 4.00x | €228.18 Million |
| 2012 | 29.75% | 3.31% | 2.22x | 4.04x | €239.24 Million |
| 2013 | 27.65% | 3.23% | 2.32x | 3.69x | €243.99 Million |
| 2014 | 21.62% | 2.38% | 2.45x | 3.71x | €162.13 Million |
| 2015 | 24.84% | 2.43% | 2.57x | 3.97x | €199.17 Million |
| 2016 | 34.13% | 4.06% | 2.57x | 3.27x | €419.42 Million |
| 2017 | 21.55% | 2.37% | 2.53x | 3.60x | €206.57 Million |
| 2018 | 22.56% | 2.31% | 2.60x | 3.75x | €223.25 Million |
| 2019 | 19.74% | 2.09% | 1.91x | 4.94x | €192.37 Million |
| 2020 | 15.54% | 1.62% | 2.05x | 4.69x | €111.32 Million |
| 2021 | 20.32% | 2.22% | 2.01x | 4.55x | €235.20 Million |
| 2022 | 25.31% | 2.32% | 2.14x | 5.08x | €356.90 Million |
| 2023 | 26.87% | 2.47% | 2.14x | 5.08x | €474.60 Million |
| 2024 | 19.93% | 1.79% | 2.19x | 5.09x | €298.40 Million |
Industry Comparison
This section compares Jeronimo Martins SGPS SA's net assets metrics with peer companies in the Food Distribution industry.
No peer company data available for comparison.
About Jeronimo Martins SGPS SA
Jerónimo Martins, SGPS, S.A. operates in the food distribution and specialized retail sectors in Portugal, Poland, Colombia, and internationally. It operates through Portugal Retail, Portugal Cash & Carry, Poland Retail, Poland Health and Beauty, and Colombia Retail segments. The company operates a chain of food stores under the Biedronka name; and a chain of health and beauty stores under the He… Read more