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Jeronimo Martins SGPSJRONY +1.37%87 Earnings Yield (Joel Greenblatt) % is 7.29% as of Mar. 2026, which is 12% above its 10-year median of 6.50. GuruFocus rates JRONY with a GF Score™ of 87/100 and a GF Value™ of $52.62 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 317 Retail - Defensive companies, Jeronimo Martins SGPS ranks better than 64.04% on this metric.
Jeronimo Martins SGPS's Enterprise Value for the quarter that ended in Mar. 2026 was $19,725 Mil.
Jeronimo Martins SGPS's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $1,445 Mil. Jeronimo Martins SGPS's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 7.29%.
The historical rank and industry rank for Jeronimo Martins SGPS's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
JRONY'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.94 Med: 6.5 Max: 8.67
Current: 8.32
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Jeronimo Martins SGPS was 8.67%. The lowest was 4.94%. And the median was 6.50%.
JRONY's Earnings Yield (Joel Greenblatt) % is ranked better than 64.04% of 317
companies
in the Retail - Defensive industry
Industry Median: 6.32
vs JRONY: 8.32
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Jeronimo Martins SGPS's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 19.08%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
Jeronimo Martins SGPS Earnings Yield (Joel Greenblatt) % Related Terms
Jeronimo Martins SGPS Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Jeronimo Martins SGPS's Earnings Yield (Joel Greenblatt) % 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.
For the Food Distribution subindustry, Jeronimo Martins SGPS's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % 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.
Jeronimo Martins SGPS Earnings Yield (Joel Greenblatt) % vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Jeronimo Martins SGPS's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Jeronimo Martins SGPS's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Jeronimo Martins SGPSs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Jeronimo Martins SGPS's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,445 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 7.29% mean?
Jeronimo Martins SGPS (JRONY) has a Earnings Yield (Joel Greenblatt) % of 7.29% as of Mar. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Jeronimo Martins SGPS and its competitors. This is 12% above median its historical median of 6.50. Over the past decade, Jeronimo Martins SGPS's Earnings Yield (Joel Greenblatt) % has ranged from 4.94 to 8.67. According to the industry distribution chart, Jeronimo Martins SGPS ranks #114 out of 317 companies in the Retail - Defensive industry, placing it in the top 36%.
Is Jeronimo Martins SGPS's Earnings Yield (Joel Greenblatt) % too high?
Jeronimo Martins SGPS's current Earnings Yield (Joel Greenblatt) % of 7.29% is 12% above median its 10-year median of 6.50. Over the past 10 years, this metric has ranged from a low of 4.94 to a high of 8.67. The Retail - Defensive industry median Earnings Yield (Joel Greenblatt) % is 6.32. Jeronimo Martins SGPS's value of 7.29% is 15.3% above this industry median. Based on the distribution chart, Jeronimo Martins SGPS ranks #114 out of 317 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, Jeronimo Martins SGPS has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jeronimo Martins SGPS's Earnings Yield (Joel Greenblatt) % compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Jeronimo Martins SGPS ranks #114 out of 317 companies for Earnings Yield (Joel Greenblatt) %. This puts Jeronimo Martins SGPS in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.32. Jeronimo Martins SGPS's value of 7.29% is 15.3% above this benchmark. Historically, Jeronimo Martins SGPS's own Earnings Yield (Joel Greenblatt) % has ranged from 4.94 to 8.67 over the past decade. While the company's 10-year median is 6.50 vs. the industry median of 6.32, Jeronimo Martins SGPS 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 Earnings Yield (Joel Greenblatt) % for a Retail - Defensive company?
The median Earnings Yield (Joel Greenblatt) % among Retail - Defensive companies is 6.32, based on 317 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Jeronimo Martins SGPS's current Earnings Yield (Joel Greenblatt) % of 7.29% is 15.3% 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 Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Jeronimo Martins SGPS and its competitors. For the Retail - Defensive industry, the median Earnings Yield (Joel Greenblatt) % is 6.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jeronimo Martins SGPS's current Earnings Yield (Joel Greenblatt) % is 7.29%, which is 12% above median its own 10-year median of 6.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jeronimo Martins SGPS stock overvalued right now?
Based on GuruFocus' analysis, Jeronimo Martins SGPS (JRONY) is currently considered Modestly Undervalued. The stock's GF Value™ is $52.62, compared to a current price of $40.47 — trading 23.1% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 7.29%, which is 12% above median its 10-year median of 6.50 and 15.3% above the Retail - Defensive industry median of 6.32. Jeronimo Martins SGPS's overall GF Score™ is 87/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Jeronimo Martins SGPS (JRONY), the current Earnings Yield (Joel Greenblatt) % is 7.29% as of Mar. 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 Jeronimo Martins SGPS (JRONY) Overvalued in 2026?
Based on GuruFocus' analysis, Jeronimo Martins SGPS stock appears to be undervalued.
The current stock price of $40.47 is trading 23.1% below its estimated GF Value™ of $52.62.
GuruFocus considers Jeronimo Martins SGPS to be Modestly Undervalued.
Key valuation signals for JRONY:
Earnings Yield (Joel Greenblatt) %: 7.29% (12% above median its 10-year median of 6.50)
GF Value™: $52.62 vs. price of $40.47 (23.1% below fair value)
Industry Position: 15.3% above the Retail - Defensive median (#114 of 317)
No single metric tells the full story. See the JRONY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jeronimo Martins SGPS SA is engaged in food distribution business. It operates food retail business in Poland, Portugal, and Colombia. Its business areas include food distribution, Agribusiness, and Specialised retail. Its segments include Portugal Retail: comprises the business unit of JMR (Pingo Doce supermarkets); Portugal Cash & Carry: includes the business unit Recheio; Poland Retail: the business unit which operates under Biedronka banner in this country; Poland Health and Beauty: includes the Hebe banner business unit in Poland, also includes the operations of its subsidiaries in Czechia and Slovakia; Colombia Retail: the business unit which operates under Ara banner; and Others. It derives the majority of the revenue from Poland Retail business segment.
87GF Score
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Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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