JRONY (Jeronimo Martins SGPS) Interest Coverage: 2.68 (As of Mar. 2026) — 50% Below Median


JRONY Jeronimo Martins SGPS SA JRONY
91 GF Score
Price $39.42
GF Value $52.86
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Jeronimo Martins SGPS Interest Coverage?

Jeronimo Martins SGPS JRONY -0.76% 91 Interest Coverage is 2.68 as of Mar. 2026, which is 50% below its 10-year median of 5.37. GuruFocus rates JRONY with a GF Score™ of 91/100 and a GF Value™ of $52.86 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 255 Retail - Defensive companies, Jeronimo Martins SGPS ranks worse than 77.25% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Jeronimo Martins SGPS's Operating Income for the three months ended in Mar. 2026 was $306 Mil. Jeronimo Martins SGPS's Interest Expense for the three months ended in Mar. 2026 was $-114 Mil. Jeronimo Martins SGPS's interest coverage for the quarter that ended in Mar. 2026 was 2.68. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Jeronimo Martins SGPS's Interest Coverage or its related term are showing as below:

JRONY' s Interest Coverage Range Over the Past 10 Years
Min: 3.38   Med: 5.37   Max: 44.08
Current: 3.38


JRONY's Interest Coverage is ranked worse than
77.25% of 255 companies
in the Retail - Defensive industry
Industry Median: 8.8 vs JRONY: 3.38

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Jeronimo Martins SGPS  (OTCPK:JRONY) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Jeronimo Martins SGPS Interest Coverage Related Terms


Jeronimo Martins SGPS Interest Coverage Historical Data

* Premium members only.

The historical data trend for Jeronimo Martins SGPS's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Jeronimo Martins SGPS Interest Coverage Chart

Jeronimo Martins SGPS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.58 6.07 5.15 3.50 3.38

Jeronimo Martins SGPS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage 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 2.86 3.29 4.36 3.32 2.68

JRONY vs SYY, USFD, PFGC: Interest Coverage Comparison

For the Food Distribution subindustry, Jeronimo Martins SGPS's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Jeronimo Martins SGPS's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Jeronimo Martins SGPS's Interest Coverage falls into.


JRONY
91GF Score
Jeronimo Martins SGPS SA JRONY
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Jeronimo Martins SGPS Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Jeronimo Martins SGPS's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Jeronimo Martins SGPS's Interest Expense was $-426 Mil. Its Operating Income was $1,439 Mil. And its Long-Term Debt & Capital Lease Obligation was $4,884 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*1439.11/-426.23
=3.38

Jeronimo Martins SGPS's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Jeronimo Martins SGPS's Interest Expense was $-114 Mil. Its Operating Income was $306 Mil. And its Long-Term Debt & Capital Lease Obligation was $5,200 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*306.358/-114.451
=2.68

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 2.68 mean?
Jeronimo Martins SGPS (JRONY) has a Interest Coverage of 2.68 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Jeronimo Martins SGPS and its competitors. This is 50% below median its historical median of 5.37. Over the past decade, Jeronimo Martins SGPS's Interest Coverage has ranged from 3.38 to 44.08. According to the industry distribution chart, Jeronimo Martins SGPS ranks #197 out of 255 companies in the Retail - Defensive industry, placing it in the top 77.3%.
Is Jeronimo Martins SGPS's Interest Coverage too high?
Jeronimo Martins SGPS's current Interest Coverage of 2.68 is 50% below median its 10-year median of 5.37. Over the past 10 years, this metric has ranged from a low of 3.38 to a high of 44.08. The Retail - Defensive industry median Interest Coverage is 8.80. Jeronimo Martins SGPS's value of 2.68 is 69.5% below this industry median. Based on the distribution chart, Jeronimo Martins SGPS ranks #197 out of 255 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, Jeronimo Martins SGPS has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jeronimo Martins SGPS's Interest Coverage compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Jeronimo Martins SGPS ranks #197 out of 255 companies for Interest Coverage. This places Jeronimo Martins SGPS in the lower half of its industry. The industry median Interest Coverage is 8.80. Jeronimo Martins SGPS's value of 2.68 is 69.5% below this benchmark. Historically, Jeronimo Martins SGPS's own Interest Coverage has ranged from 3.38 to 44.08 over the past decade. While the company's 10-year median is 5.37 vs. the industry median of 8.80, Jeronimo Martins SGPS has consistently been below 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 Interest Coverage for a Retail - Defensive company?
The median Interest Coverage among Retail - Defensive companies is 8.80, based on 255 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Jeronimo Martins SGPS's current Interest Coverage of 2.68 is 69.5% below 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Jeronimo Martins SGPS and its competitors. For the Retail - Defensive industry, the median Interest Coverage is 8.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jeronimo Martins SGPS's current Interest Coverage is 2.68, which is 50% below median its own 10-year median of 5.37. 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 $52.86, compared to a current price of $39.42 — trading 25.4% below its estimated fair value. The current Interest Coverage is 2.68, which is 50% below median its 10-year median of 5.37 and 69.5% below the Retail - Defensive industry median of 8.80. Jeronimo Martins SGPS's overall GF Score™ is 91/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Jeronimo Martins SGPS (JRONY), the current Interest Coverage is 2.68 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 $39.42 is trading 25.4% below its estimated GF Value™ of $52.86. GuruFocus considers Jeronimo Martins SGPS to be Modestly Undervalued.

Key valuation signals for JRONY:

  • Interest Coverage: 2.68 (50% below median its 10-year median of 5.37)
  • GF Value™: $52.86 vs. price of $39.42 (25.4% below fair value)
  • GF Score™: 91/100 with 5 warning signs
  • Industry Position: 69.5% below the Retail - Defensive median (#197 of 255)

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 Business Description

Address Rua Actor Antonio Silva, No. 7, Lisboa, PRT, 1649-033
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.
91GF Score

Get the complete analysis for JRONY

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

$39.42
Price
$52.86
GF Value