JM Smucker Co (FRA:JM2) Debt-to-EBITDA : 3.22 (As of Apr. 2026) — 10% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:JM2 JM Smucker Co FRA:JM2
69 GF Score
Price €98.44
GF Value €99.85
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is JM Smucker Co Debt-to-EBITDA?

JM Smucker Co FRA:JM2 +0.53% 69 Debt-to-EBITDA is 3.22 as of Apr. 2026, which is 10% below its 10-year median of 3.59. GuruFocus rates FRA:JM2 with a GF Score™ of 69/100 and a GF Value™ of €99.85 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,549 Consumer Packaged Goods companies, JM Smucker Co ranks worse than 88.25% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

JM Smucker Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2026 was €488 Mil. JM Smucker Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2026 was €5,573 Mil. JM Smucker Co's annualized EBITDA for the quarter that ended in Apr. 2026 was €1,881 Mil. JM Smucker Co's annualized Debt-to-EBITDA for the quarter that ended in Apr. 2026 was 3.22.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for JM Smucker Co's Debt-to-EBITDA or its related term are showing as below:

FRA:JM2' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -49.88   Med: 3.59   Max: 8.09
Current: 8.09

During the past 13 years, the highest Debt-to-EBITDA Ratio of JM Smucker Co was 8.09. The lowest was -49.88. And the median was 3.59.

FRA:JM2's Debt-to-EBITDA is ranked worse than
88.25% of 1549 companies
in the Consumer Packaged Goods industry
Industry Median: 2.08 vs FRA:JM2: 8.09

JM Smucker Co  (FRA:JM2) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


JM Smucker Co Debt-to-EBITDA Related Terms


JM Smucker Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for JM Smucker Co's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

JM Smucker Co Debt-to-EBITDA Chart

JM Smucker Co Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.15 7.71 5.03 -49.88 8.09

JM Smucker Co Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.05 11.29 3.53 -4.51 3.22

FRA:JM2 vs JBS, MKC, HRL: Debt-to-EBITDA Comparison

For the Packaged Foods subindustry, JM Smucker Co's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


JM Smucker Co Debt-to-EBITDA vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, JM Smucker Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where JM Smucker Co's Debt-to-EBITDA falls into.


FRA:JM2
69GF Score
JM Smucker Co FRA:JM2
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JM Smucker Co Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

JM Smucker Co's Debt-to-EBITDA for the fiscal year that ended in Apr. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(488.119 + 5572.975) / 748.809
=8.09

JM Smucker Co's annualized Debt-to-EBITDA for the quarter that ended in Apr. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(488.119 + 5572.975) / 1880.656
=3.22

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Apr. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 3.22 mean?
JM Smucker Co (FRA:JM2) has a Debt-to-EBITDA of 3.22 as of Apr. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on JM Smucker Co. This is 10% below median its historical median of 3.59. According to the industry distribution chart, JM Smucker Co ranks #1367 out of 1549 companies in the Consumer Packaged Goods industry, placing it in the top 88.3%.
Is JM Smucker Co's Debt-to-EBITDA too high?
JM Smucker Co's current Debt-to-EBITDA of 3.22 is 10% below median its 10-year median of 3.59. The Consumer Packaged Goods industry median Debt-to-EBITDA is 2.08. JM Smucker Co's value of 3.22 is 54.8% above this industry median. Based on the distribution chart, JM Smucker Co ranks #1367 out of 1549 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, JM Smucker Co has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does JM Smucker Co's Debt-to-EBITDA compare to JBS and MKC?
According to the Consumer Packaged Goods industry distribution chart, JM Smucker Co ranks #1367 out of 1549 companies for Debt-to-EBITDA. This places JM Smucker Co in the lower half of its industry. The industry median Debt-to-EBITDA is 2.08. JM Smucker Co's value of 3.22 is 54.8% above this benchmark. While the company's 10-year median is 3.59 vs. the industry median of 2.08, JM Smucker Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Consumer Packaged Goods company?
The median Debt-to-EBITDA among Consumer Packaged Goods companies is 2.08, based on 1,549 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. JM Smucker Co's current Debt-to-EBITDA of 3.22 is 54.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on JM Smucker Co. For the Consumer Packaged Goods industry, the median Debt-to-EBITDA is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JM Smucker Co's current Debt-to-EBITDA is 3.22, which is 10% below median its own 10-year median of 3.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JM Smucker Co stock overvalued right now?
Based on GuruFocus' analysis, JM Smucker Co (FRA:JM2) is currently considered Fairly Valued. The stock's GF Value™ is €99.85, compared to a current price of €98.44 — trading 1.4% below its estimated fair value. The current Debt-to-EBITDA is 3.22, which is 10% below median its 10-year median of 3.59 and 54.8% above the Consumer Packaged Goods industry median of 2.08. JM Smucker Co's overall GF Score™ is 69/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For JM Smucker Co (FRA:JM2), the current Debt-to-EBITDA is 3.22 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is JM Smucker Co (FRA:JM2) Overvalued in 2026?

Based on GuruFocus' analysis, JM Smucker Co stock appears to be undervalued. The current stock price of €98.44 is trading 1.4% below its estimated GF Value™ of €99.85. GuruFocus considers JM Smucker Co to be Fairly Valued.

Key valuation signals for FRA:JM2:

  • Debt-to-EBITDA: 3.22 (10% below median its 10-year median of 3.59)
  • GF Value™: €99.85 vs. price of €98.44 (1.4% below fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 54.8% above the Consumer Packaged Goods median (#1367 of 1549)

No single metric tells the full story. See the FRA:JM2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JM Smucker Co Business Description

Other Exchanges SJM:USA1SJM:Italy0L7F:UK
Address One Strawberry Lane, Orrville, OH, USA, 44667-0280
J.M. Smucker is a packaged food company that primarily sells through the US retail channel (73% of fiscal 2025 revenue came through its retail pet foods, coffee, and frozen handheld/spreads segments), with the remaining share consisting of sweet baked snacks (through the Hostess acquisition) and international (primarily Canada). Retail coffee is its largest category (32% of sales) with brands Folgers and Dunkin'. Pet foods (19% of sales) holds leading brands like Milk-Bone and Meow Mix. Of its remaining, approximately 22% comes from frozen handhelds and spreads, through brands Jif, Smucker's, and Uncrustables. The company acquired Hostess Brands in fiscal 2024 to boost its snack and convenience store presence.
69GF Score

Get the complete analysis for FRA:JM2

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€98.44
Price
€99.85
GF Value