Financials The J. M. Smucker Company Sao Paulo

Equities

S1JM34

BRS1JMBDR009

Food Processing

Market Closed - Sao Paulo 14:38:56 2024-06-03 EDT 5-day change 1st Jan Change
290.5 BRL -0.71% Intraday chart for The J. M. Smucker Company -.--% -4.12%

Valuation

Fiscal Period: April 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 13,104 14,188 14,851 16,466 12,194 12,506 - -
Enterprise Value (EV) 1 18,334 18,605 19,172 19,636 19,497 20,241 19,587 19,899
P/E ratio 16.8 x 16.8 x 23.5 x -180 x 16.1 x 13.4 x 12.1 x 11 x
Yield 3.06% 2.75% 2.89% 2.64% 3.69% 3.71% 3.85% 4.06%
Capitalization / Revenue 1.68 x 1.77 x 1.86 x 1.93 x 1.49 x 1.39 x 1.36 x 1.34 x
EV / Revenue 2.35 x 2.32 x 2.4 x 2.3 x 2.38 x 2.25 x 2.14 x 2.13 x
EV / EBITDA 10.7 x 10.3 x 11.9 x 12.3 x 10.4 x 9.62 x 8.89 x 8.66 x
EV / FCF 18.6 x 14.8 x 26.7 x 27.4 x 30.3 x 19.5 x 17.4 x 17.6 x
FCF Yield 5.38% 6.76% 3.75% 3.65% 3.3% 5.12% 5.75% 5.68%
Price to Book 1.6 x 1.81 x 1.82 x 2.21 x 1.59 x 1.46 x 1.33 x 1.37 x
Nbr of stocks (in thousands) 114,038 108,310 108,458 106,636 106,176 106,433 - -
Reference price 2 114.9 131.0 136.9 154.4 114.8 117.5 117.5 117.5
Announcement Date 6/4/20 6/3/21 6/7/22 6/6/23 6/6/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: April 2020 2021 2022 2023 2024 2025 2026 2027
Net sales 1 7,801 8,003 7,999 8,529 8,179 8,987 9,171 9,325
EBITDA 1 1,715 1,805 1,614 1,598 1,876 2,104 2,204 2,299
EBIT 1 1,509 1,529 1,440 1,415 1,636 1,813 1,918 1,960
Operating Margin 19.34% 19.1% 18% 16.59% 20.01% 20.18% 20.91% 21.02%
Earnings before Tax (EBT) 1 1,027 1,172 843.8 -9.2 996.4 1,331 1,372 1,510
Net income 1 779.5 876.3 631.7 -91.3 744 959.2 1,035 1,138
Net margin 9.99% 10.95% 7.9% -1.07% 9.1% 10.67% 11.29% 12.21%
EPS 2 6.840 7.790 5.830 -0.8600 7.130 8.798 9.706 10.72
Free Cash Flow 1 985.5 1,258 718.8 717 642.9 1,036 1,126 1,130
FCF margin 12.63% 15.72% 8.99% 8.41% 7.86% 11.52% 12.28% 12.12%
FCF Conversion (EBITDA) 57.47% 69.7% 44.53% 44.87% 34.27% 49.22% 51.1% 49.16%
FCF Conversion (Net income) 126.43% 143.59% 113.79% - 86.41% 107.97% 108.79% 99.27%
Dividend per Share 2 3.520 3.600 3.960 4.080 4.240 4.359 4.521 4.767
Announcement Date 6/4/20 6/3/21 6/7/22 6/6/23 6/6/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: April 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 2026 Q1
Net sales 1 2,057 2,034 1,873 2,205 2,216 2,235 1,805 1,939 2,229 2,206 2,144 2,301 2,286 2,255 2,182
EBITDA 1 414.7 412.3 325.1 405.3 428.7 474.5 381.9 438.4 525 530.6 478.6 547.4 539.4 544.3 505.6
EBIT 1 377.9 350.9 270 379.6 357.6 408.2 331.7 385.4 457.5 461.6 407.8 474.6 465.1 464.7 426.8
Operating Margin 18.37% 17.25% 14.42% 17.21% 16.13% 18.27% 18.37% 19.88% 20.52% 20.93% 19.02% 20.63% 20.34% 20.61% 19.56%
Earnings before Tax (EBT) 1 109.6 260.2 - 252.9 275.4 -678.6 - 249.4 195.5 313.1 306 375.4 361.2 361.4 325
Net income 1 69.7 202.1 109.8 191.1 208.5 -600.7 183.6 194.9 120.4 245.1 211.3 256 251 252.3 232.4
Net margin 3.39% 9.94% 5.86% 8.67% 9.41% -26.88% 10.17% 10.05% 5.4% 11.11% 9.86% 11.13% 10.98% 11.19% 10.65%
EPS 2 0.6400 1.870 1.030 1.790 1.960 -5.690 1.790 1.900 1.130 2.300 1.978 2.408 2.346 2.515 2.280
Dividend per Share 2 0.9900 0.9900 1.020 1.020 1.020 1.020 1.060 1.060 1.060 1.060 1.074 1.096 1.096 1.096 1.112
Announcement Date 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 6/6/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: April 2020 2021 2022 2023 2024 2025 2026 2027
Net Debt 1 5,230 4,417 4,321 3,171 7,303 7,735 7,081 7,393
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 3.05 x 2.447 x 2.677 x 1.984 x 3.893 x 3.676 x 3.213 x 3.216 x
Free Cash Flow 1 986 1,258 719 717 643 1,036 1,126 1,130
ROE (net income / shareholders' equity) 12.4% 10.7% 11.8% 12.3% 13.9% 13.2% 13.1% 13.7%
ROA (Net income/ Total Assets) 5.93% 5.27% 5.95% 6.13% 5.89% 4.86% 5.2% 5.45%
Assets 1 13,138 16,627 10,616 -1,491 12,638 19,725 19,894 20,898
Book Value Per Share 2 71.90 72.30 75.10 69.80 72.40 80.20 88.30 85.80
Cash Flow per Share 2 11.00 13.90 10.50 11.20 11.80 13.20 15.00 14.60
Capex 1 269 307 418 471 587 454 438 411
Capex / Sales 3.45% 3.83% 5.22% 5.52% 7.17% 5.05% 4.77% 4.41%
Announcement Date 6/4/20 6/3/21 6/7/22 6/6/23 6/6/24 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
18
Last Close Price
117.5 USD
Average target price
127.3 USD
Spread / Average Target
+8.34%
Consensus
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