JBS N.V. (JBS) vs Smithfield Foods, Inc. (SFD)

JBS N.V. and Smithfield Foods, Inc. are both Packaged Foods companies. JBS N.V. is the larger, with a market value of $12.2B against $7.5B — 1.6× the size. Smithfield Foods, Inc. trades at the lower P/E: 7.1× against 11.3×. JBS N.V. grew revenue faster over the last twelve months: 14.3% against 4.25%. Smithfield Foods, Inc. has the higher net margin (6.84% vs 1.22%) and the higher return on invested capital (10.9% vs 6.89%). Across the 20 metrics below, Smithfield Foods, Inc. leads on 16 and JBS N.V. on 4.

Valuation

Metric JBS SFD Packaged Foods median
P/E 11.34 7.05 12.69
P/S 0.13 0.48 0.61
P/B 1.30 1.07 1.47
Price to free cash flow 21.57 9.13 8.50
EV/EBITDA 5.64 4.88 8.20
EV/Sales 0.35 0.53 0.85
Earnings yield 8.82% 14.18% 0.00%
Free cash flow yield 4.64% 10.96% 6.05%

Profitability

Metric JBS SFD Packaged Foods median
Gross margin 11.80% 13.39% 27.54%
Operating margin 3.57% 8.62% 0.00%
Net margin 1.22% 6.84% 0.00%
Free cash flow margin 0.60% 5.31% 2.56%
Return on equity 12.18% 15.92% 0.00%
Return on assets 2.54% 9.13% 0.00%
Return on invested capital 6.89% 10.89% 0.00%

Growth

Metric JBS SFD Packaged Foods median
Revenue growth (TTM) 14.34% 4.25% 5.69%
EPS growth (last fiscal year) 2.63% 0.00% —
Revenue growth, 5-year CAGR — — 3.81%
Net income growth, 5-year CAGR — — 0.00%

Health

Metric JBS SFD Packaged Foods median
Debt to equity 2.66 0.29 0.26
Current ratio 1.53 2.56 1.64
Net debt to EBITDA 2.75 0.29 0.87

Dividend

Metric JBS SFD Packaged Foods median
Dividend yield — — 3.21%
Payout ratio — — 0.00

Size

Metric JBS SFD Packaged Foods median
Market cap 12.17b 7.52b 245.45m

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