Home Compare AXFO.ST vs JMT.LS
Stock Comparison · Structural lead, mixed market

Axfood AB (publ) vs Jerónimo Martins, SGPS: Which Stock Looks Stronger in 2026?

Axfood AB (publ) holds the cleaner structural position, with the lead spread across stability and profitability. Jerónimo Martins, SGPS, still has the edge on valuation, which keeps the comparison from looking entirely one-sided. Both sides have seen trend damage — neither carries a clear market edge right now. With both trends damaged, the structural comparison carries most of the weight here.

The comparison is based on similar long-term financial trajectories, not sector labels. Both peer scores are relative to the STOXX 600 universe, making them directly comparable.

Updated 2026-08-16

The lead is spread across stability and profitability, rather than sitting in one isolated gap.

Trajectory Similarity
0.81
Similar
Peer-set rank: #11
within Axfood AB (publ)'s functional peer set

This pair is matched through long-term financial trajectory similarity within the selected peer universe.

This level of similarity signals a strong structural match, even though some dimensions still separate the two companies.

The strongest overlap appears in margin consistency and capital structure.

Similarity drivers
margin consistencycapital structure
How to read the score
0.85–1.00 · Very similar0.70–0.84 · Similar0.55–0.69 · Moderately similarbelow 0.55 · Loose match
Peer-Relative Score
AXFO.ST
Axfood AB (publ)
51
Peer-Score
Signal qualitylow
Peer basis: STOXX 600
vs
JMT.LS
Jerónimo Martins, SGPS, S.A.
44
Peer-Score
Signal qualitylow
Peer basis: STOXX 600

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

The largest gaps do not all point in the same direction.

Dimension spread: AXFO.ST vs JMT.LS Profitability 62 37 Stability 59 30 Valuation 58 74 Growth 18 24 AXFO.ST JMT.LS
Gap Ranking
#1 Stability +29
#2 Profitability +25
#3 Valuation +16
#4 Growth +6
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for AXFO.ST and JMT.LS Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer AXFO.STJMT.LS Relative valuation Structural strength

Axfood AB (publ) still looks stronger overall, though current pricing looks more supportive for Jerónimo Martins, SGPS, S.A..

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Entry today — historical context

Where AXFO.ST and JMT.LS each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY AXFO.ST Neutral · below norm 0th 50th 100th 11 pct gap JMT.LS Lower · below norm 0th 50th 100th 36th 25th
AXFO.ST (36th percentile) and JMT.LS (25th percentile) both sit in the lower-middle of their own 5-year ranges. The historical entry context is broadly similar for both. This reflects entry timing, not which company is structurally stronger.

Describes historical entry positioning only. Descriptive — not investment advice.

Relative Position vs Comparable Companies
Stability
Axfood AB (publ) sits in the stronger part of the group on stability, while Jerónimo Martins, SGPS, S.A. is closer to mid-pack.
Profitability
Axfood AB (publ) sits in the stronger part of the group on profitability, while Jerónimo Martins, SGPS, S.A. is closer to mid-pack.
Stability — Dominant Gap
AXFO.ST
59
JMT.LS
30
Gap+29in favour of AXFO.ST

The clearest distance comes from a steadier profile over time.

What keeps the gap from being one-sided

Absolute pricing still looks more supportive for Jerónimo Martins, SGPS,, with a forward P/E that is 6.1 turns lower there.

What this means for the comparison

The lead is built on both stability and profitability — though valuation still provides a counterweight.

Explore full peer positioning in AssetNext

Break down the AXFO.ST vs JMT.LS comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Similar stability-and-profitability comparisons

Explore how AXFO.ST and JMT.LS each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.