Fundamentals · 2026-09-09S&P 500ANNUAL BASIS

J.M. Smucker Company (The)

SJM stock analysis · Consumer Staples · Packaged Foods & Meats

FY 2026-04-30ANNUAL FILINGS
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These are research estimates based on annual filings. Valuation uses a cash-flow proxy and explicit assumptions; prices are not live. Published valuations use annual periods first filed by the price date, with later restatements retained.
Reference share price · USD
$112.50HISTORICAL SNAPSHOT

As of · fund-implied per-share value

Fund holding value ÷ shares held. Not a live quote; not adjusted for later stock splits.

View SEC fund filing ↗
Estimated issuer market cap
$12B

Price × SEC outstanding shares. Shares measured 2026-06-02. Approximate; share and price dates can differ.

View share-count filing ↗
Valuation

DCF value

$164.64

Equity cash-flow scenario · SEC outstanding shares at 2026-06-02 · 46.3% versus input cap

How this is calculated ↗
Valuation

Reverse DCF

-3.8%

Annual basis · read assumptions below

How this is calculated ↗
Valuation

Relative valuation

Requires market caps for at least five comparable profitable issuers.

Requires market caps for at least five comparable profitable issuers.

How this is calculated ↗
Valuation

Historical multiples

16.9×

4 annual observations

How this is calculated ↗
Valuation

Free cash flow yield

9.6%

Annual basis · read assumptions below

How this is calculated ↗
Quality

ROIC / quality

2.2%

Normalized tax · financing-capital proxy · parent-equity fallback (scope limitation)

How this is calculated ↗
Valuation

Value composite

Requires three valuation yields and at least five covered sector peers.

Requires three valuation yields and at least five covered sector peers.

How this is calculated ↗
Momentum

12–1 price momentum

Split and corporate-action verification is incomplete for these fund observations. Verified adjusted endpoints are required for 12–1 momentum.

Split and corporate-action verification is incomplete for these fund observations. Verified adjusted endpoints are required for 12–1 momentum.

How this is calculated ↗
Investment

Asset growth

-7.7%

Annual basis · read assumptions below

How this is calculated ↗
Investment

Net payout yield

Requires reported dividends, repurchases and issuance; missing values are not zero.

Requires reported dividends, repurchases and issuance; missing values are not zero.

How this is calculated ↗
Quality

Accrual quality

-9.5%

Parent-earnings fallback versus consolidated cash flow · scope limitation

How this is calculated ↗
Momentum

Fundamental momentum

5.9%

Annual basis · read assumptions below

How this is calculated ↗

Follow the cash

ANNUAL · USD

Operating cash flow and reinvestment over time

USD · bar maximum 1.6B2021-04-30: cfo $1,565,000,000.002021-04-30: capex $306,700,000.0020212022-04-30: cfo $1,136,300,000.002022-04-30: capex $417,500,000.0020222023-04-30: cfo $1,194,400,000.002023-04-30: capex $477,400,000.0020232024-04-30: cfo $1,229,400,000.002024-04-30: capex $586,500,000.0020242025-04-30: cfo $1,210,400,000.002025-04-30: capex $393,800,000.0020252026-04-30: cfo $1,473,600,000.002026-04-30: capex $317,400,000.002026
Operating cash flowCapital expenditure

Annual USD. Negative bars use a compressed lower scale. Hover or inspect the financial history table for exact values.

Make the assumptions yours

Personal inputs stay in this browser. Blank fields retain published inputs. Five-year forecast; zero net borrowing. Required return must exceed terminal growth.

How sensitive is the valuation?

DCF per-share sensitivity · includes reviewed preferred and minority-owner claims · rows: required return · columns: growth
Return / Growth3.0%5.0%7.0%
8.0%$206.51$225.32$245.55
10.0%$151.33$164.64$178.94
12.0%$119.39$129.54$140.44

Annual financial history

Open SEC filings ↗
Fiscal year-endRevenueNet incomeOperating cash flowCapital expenditureAssets
2026-04-309.1B-138.7M1.5B317.4M16.2B
2025-04-308.7B-1.2B1.2B393.8M17.6B
2024-04-308.2B744M1.2B586.5M20.3B
2023-04-308.5B-91.3M1.2B477.4M15B
2022-04-308B631.7M1.1B417.5M16.1B
2021-04-308B876.3M1.6B306.7M16.3B
2020-04-307.8B779.5M1.3B269.3M17B
2019-04-307.8B514.4M1.1B359.8M16.7B
2018-04-307.4B1.3B1.2B321.9M15.3B

USD, abbreviated. Restated annual history; not a point-in-time backtest. Missing values appear as dashes.

Trace the inputs

MODEL ANNUAL PERIOD
InputValueSEC tag / sourceFiled
revenue9.1BRevenueFromContractWithCustomerIncludingAssessedTax2026-06-09
netIncome-138.7MNetIncomeLoss
Parent-attributable fallback: a verified consolidated total is unavailable in the supported tags. Noncontrolling interests have not been assumed to be zero; this may differ in scope from consolidated cash flow or operating income.
2026-06-09
Parent/common earnings proxy-138.7MNetIncomeLoss2026-06-09
cfo1.5BNetCashProvidedByUsedInOperatingActivities2026-06-09
capex317.4MPaymentsToAcquirePropertyPlantAndEquipment2026-06-09
operatingIncome360.2MOperatingIncomeLoss2026-06-09
assets16.2BAssets2026-06-09
equity5.5BStockholdersEquity
Parent-attributable fallback: a verified consolidated total is unavailable in the supported tags. Noncontrolling interests have not been assumed to be zero; this may differ in scope from consolidated cash flow or operating income.
2026-06-09
Parent book equity proxy5.5BStockholdersEquity2026-06-09
debt6.5BLongTermDebt2026-06-09
shortDebt420.9MShortTermBorrowings2026-06-09
cash58.6MCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents2026-06-09
sharesNot reported under a supported tag
dividends464.7MPaymentsOfDividendsCommonStock2026-06-09
buybacks5.6MPaymentsForRepurchaseOfCommonStock2026-06-09
issuanceNot reported under a supported tag