Projected Income Statement: The JM Smucker Company

Forecast Balance Sheet: The JM Smucker Company

Fiscal Period: April 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 4,417 4,321 3,171 7,303 7,608 7,108 6,496 5,929
Change - -2.17% -26.61% 130.31% 4.18% -6.57% -8.61% -8.73%
Announcement Date 03/06/21 07/06/22 06/06/23 06/06/24 10/06/25 - - -
1USD in Million
Estimates

Cash Flow Forecast: The JM Smucker Company

Fiscal Period: April 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 306.7 417.5 471 586.5 393.8 323.1 385.9 386.2
Change - 36.13% 12.81% 24.52% -32.86% -17.96% 19.45% 0.09%
Free Cash Flow (FCF) 1 1,258 718.8 717 642.9 816.6 976.3 1,169 1,278
Change - -42.88% -0.25% -10.33% 27.02% 19.56% 19.77% 9.29%
Announcement Date 03/06/21 07/06/22 06/06/23 06/06/24 10/06/25 - - -
1USD in Million
Estimates

Forecast Financial Ratios: The JM Smucker Company

Fiscal Period: April 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) 22.56% 20.18% 18.73% 22.94% 24.16% 22.19% 23.09% 23.48%
EBIT Margin (%) 19.1% 18% 16.59% 20.01% 20.91% 18.28% 19.41% 19.81%
EBT Margin (%) 14.64% 10.55% -0.11% 12.18% -12% -1.36% 12.44% 13.26%
Net margin (%) 10.95% 7.9% -1.07% 9.1% -14.1% 0.19% 9.63% 9.88%
FCF margin (%) 15.72% 8.99% 8.41% 7.86% 9.36% 10.78% 12.71% 13.65%
FCF / Net Income (%) 143.59% 113.79% -785.32% 86.41% -66.35% 5,783.41% 131.95% 138.14%

Profitability

        
ROA 5.27% 5.95% 6.12% 5.89% 5.7% 5.24% 5.87% 6.07%
ROE 10.74% 11.83% 12.32% 13.85% 15.66% 16.87% 18.37% 17.7%

Financial Health

        
Leverage (Debt/EBITDA) 2.45x 2.68x 1.98x 3.89x 3.61x 3.54x 3.06x 2.7x
Debt / Free cash flow 3.51x 6.01x 4.42x 11.36x 9.32x 7.28x 5.55x 4.64x

Capital Intensity

        
CAPEX / Current Assets (%) 3.83% 5.22% 5.52% 7.17% 4.51% 3.57% 4.19% 4.13%
CAPEX / EBITDA (%) 16.99% 25.86% 29.48% 31.26% 18.68% 16.08% 18.17% 17.58%
CAPEX / FCF (%) 24.37% 58.08% 65.69% 91.23% 48.22% 33.09% 33% 30.22%

Items per share

        
Cash flow per share 1 13.92 10.48 11.19 11.78 11.35 12.25 13.83 14.51
Change - -24.71% 6.72% 5.27% -3.58% 7.9% 12.88% 4.92%
Dividend per Share 1 3.6 3.96 4.08 4.24 4.32 4.318 4.507 4.669
Change - 10% 3.03% 3.92% 1.89% -0.05% 4.38% 3.59%
Book Value Per Share 1 72.28 75.09 69.84 72.45 57.17 52.41 58.7 64.6
Change - 3.89% -7% 3.74% -21.09% -8.32% 12% 10.04%
EPS 1 7.79 5.83 -0.86 7.13 -11.57 0.5567 7.988 8.695
Change - -25.16% -114.75% 929.07% -262.27% 104.81% 1,335.02% 8.85%
Nbr of stocks (in thousands) 1,08,310 1,08,458 1,06,636 1,06,176 1,06,417 1,06,648 1,06,648 1,06,648
Announcement Date 03/06/21 07/06/22 06/06/23 06/06/24 10/06/25 - - -
1USD
Estimates
2026 *2027 *
P/E ratio 200x 13.9x
PBR 2.12x 1.89x
EV / Sales 2.09x 1.99x
Yield 3.88% 4.05%

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
A
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
18
Last Close Price
111.21USD
Average target price
125.00USD
Spread / Average Target
+12.40%

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Equities
  3. SJM Stock
  4. Financials The JM Smucker Company
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