Financials The JM Smucker Company

Equities

SJM

US8326964058

Food Processing

Market Closed - Nyse 04:00:02 2024-04-26 pm EDT 5-day change 1st Jan Change
113.6 USD -1.37% Intraday chart for The JM Smucker Company -1.01% -10.11%

Valuation

Fiscal Period: April 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 13,949 13,104 14,188 14,851 16,466 12,062 - -
Enterprise Value (EV) 1 18,960 18,334 18,605 19,172 19,636 20,227 19,651 19,095
P/E ratio 27.1 x 16.8 x 16.8 x 23.5 x -180 x 16.2 x 12.3 x 12 x
Yield 2.77% 3.06% 2.75% 2.89% 2.64% 3.71% 3.88% 4.03%
Capitalization / Revenue 1.78 x 1.68 x 1.77 x 1.86 x 1.93 x 1.47 x 1.33 x 1.31 x
EV / Revenue 2.42 x 2.35 x 2.32 x 2.4 x 2.3 x 2.46 x 2.17 x 2.07 x
EV / EBITDA 11.2 x 10.7 x 10.3 x 11.9 x 12.3 x 10.9 x 9.32 x 8.81 x
EV / FCF 24.3 x 18.6 x 14.8 x 26.7 x 27.4 x 35.6 x 19.8 x 16.6 x
FCF Yield 4.12% 5.38% 6.76% 3.75% 3.65% 2.81% 5.04% 6.01%
Price to Book 1.75 x 1.6 x 1.81 x 1.82 x 2.21 x 1.54 x 1.41 x 1.3 x
Nbr of stocks (in thousands) 113,747 114,038 108,310 108,458 106,636 106,176 - -
Reference price 2 122.6 114.9 131.0 136.9 154.4 113.6 113.6 113.6
Announcement Date 6/6/19 6/4/20 6/3/21 6/7/22 6/6/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: April 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 7,838 7,801 8,003 7,999 8,529 8,229 9,046 9,227
EBITDA 1 1,698 1,715 1,805 1,614 1,598 1,847 2,109 2,168
EBIT 1 1,492 1,509 1,529 1,440 1,415 1,607 1,829 1,886
Operating Margin 19.04% 19.34% 19.1% 18% 16.59% 19.53% 20.22% 20.44%
Earnings before Tax (EBT) 1 701.6 1,027 1,172 843.8 -9.2 1,194 1,358 1,412
Net income 1 514.4 779.5 876.3 631.7 -91.3 734.5 990.7 1,004
Net margin 6.56% 9.99% 10.95% 7.9% -1.07% 8.93% 10.95% 10.88%
EPS 2 4.520 6.840 7.790 5.830 -0.8600 7.007 9.245 9.468
Free Cash Flow 1 781.4 985.5 1,258 718.8 717 568.5 990.4 1,147
FCF margin 9.97% 12.63% 15.72% 8.99% 8.41% 6.91% 10.95% 12.43%
FCF Conversion (EBITDA) 46.01% 57.47% 69.7% 44.53% 44.87% 30.77% 46.96% 52.92%
FCF Conversion (Net income) 151.91% 126.43% 143.59% 113.79% - 77.39% 99.97% 114.25%
Dividend per Share 2 3.400 3.520 3.600 3.960 4.080 4.217 4.406 4.573
Announcement Date 6/6/19 6/4/20 6/3/21 6/7/22 6/6/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: April 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2 2025 Q3 2025 Q4
Net sales 1 2,050 2,057 2,034 1,873 2,205 2,216 2,235 1,805 1,939 2,229 2,256 2,149 2,306 2,277 2,299
EBITDA 1 425 414.7 412.3 325.1 405.3 428.7 474.5 381.9 438.4 525 505.4 468.4 560.8 542 534.7
EBIT 1 387.9 377.9 350.9 270 379.6 357.6 408.2 331.7 385.4 457.5 434.6 401.8 488.8 479.5 462.9
Operating Margin 18.92% 18.37% 17.25% 14.42% 17.21% 16.13% 18.27% 18.37% 19.88% 20.52% 19.27% 18.7% 21.2% 21.06% 20.13%
Earnings before Tax (EBT) 1 268.8 109.6 260.2 - 252.9 275.4 -678.6 - 249.4 195.5 326.2 292.1 367.9 402.3 357.1
Net income 1 206 69.7 202.1 109.8 191.1 208.5 -600.7 183.6 194.9 120.4 227.5 214.7 275.5 275.3 254.4
Net margin 10.05% 3.39% 9.94% 5.86% 8.67% 9.41% -26.88% 10.17% 10.05% 5.4% 10.09% 9.99% 11.95% 12.09% 11.06%
EPS 2 1.900 0.6400 1.870 1.030 1.790 1.960 -5.690 1.790 1.900 1.130 2.168 1.935 2.480 2.585 2.400
Dividend per Share 2 0.9900 0.9900 0.9900 1.020 1.020 1.020 1.020 1.060 1.060 1.060 1.068 1.070 1.097 1.097 1.096
Announcement Date 11/23/21 3/1/22 6/7/22 8/23/22 11/21/22 2/28/23 6/6/23 8/29/23 12/5/23 2/27/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: April 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 5,011 5,230 4,417 4,321 3,171 8,166 7,590 7,034
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.951 x 3.05 x 2.447 x 2.677 x 1.984 x 4.42 x 3.599 x 3.245 x
Free Cash Flow 1 781 986 1,258 719 717 568 990 1,147
ROE (net income / shareholders' equity) 6.49% 12.4% 10.7% 11.8% 12.3% 13.3% 13.3% 13.2%
ROA (Net income/ Total Assets) 3.21% 5.93% 5.27% 5.95% 6.13% 5.2% 4.97% 5.3%
Assets 1 16,005 13,138 16,627 10,616 -1,491 14,138 19,920 18,929
Book Value Per Share 2 70.10 71.90 72.30 75.10 69.80 74.00 80.40 87.10
Cash Flow per Share 2 10.00 11.00 13.90 10.50 11.20 11.00 14.30 14.00
Capex 1 360 269 307 418 471 612 486 437
Capex / Sales 4.59% 3.45% 3.83% 5.22% 5.52% 7.44% 5.38% 4.74%
Announcement Date 6/6/19 6/4/20 6/3/21 6/7/22 6/6/23 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
20
Last Close Price
113.6 USD
Average target price
132 USD
Spread / Average Target
+16.16%
Consensus
  1. Stock Market
  2. Equities
  3. SJM Stock
  4. Financials The JM Smucker Company