SJM Fixed Asset Turnover from 2010 to 2024

SJM Stock  USD 118.00  2.09  1.74%   
JM Smucker Fixed Asset Turnover yearly trend continues to be very stable with very little volatility. Fixed Asset Turnover is likely to grow to 4.98 this year. During the period from 2010 to 2024, JM Smucker Fixed Asset Turnover quarterly data regression pattern had sample variance of  0.74 and median of  4.25. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
2.51861547
Current Value
4.98
Quarterly Volatility
0.85814951
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check JM Smucker financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among JM Smucker's main balance sheet or income statement drivers, such as Depreciation And Amortization of 452.3 M, Total Revenue of 8.6 B or Gross Profit of 3.3 B, as well as many indicators such as Price To Sales Ratio of 1.09, Dividend Yield of 0.0341 or PTB Ratio of 2.2. SJM financial statements analysis is a perfect complement when working with JM Smucker Valuation or Volatility modules.
  
Check out the analysis of JM Smucker Correlation against competitors.
To learn how to invest in SJM Stock, please use our How to Invest in JM Smucker guide.

Latest JM Smucker's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of JM Smucker over the last few years. It is JM Smucker's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in JM Smucker's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Slightly volatile
   Fixed Asset Turnover   
       Timeline  

SJM Fixed Asset Turnover Regression Statistics

Arithmetic Mean4.33
Geometric Mean4.24
Coefficient Of Variation19.83
Mean Deviation0.65
Median4.25
Standard Deviation0.86
Sample Variance0.74
Range3.636
R-Value(0.62)
Mean Square Error0.49
R-Squared0.38
Significance0.01
Slope(0.12)
Total Sum of Squares10.31

SJM Fixed Asset Turnover History

2024 4.98
2023 2.52
2022 3.81
2021 3.75
2020 4.0
2019 3.96
2018 4.1

About JM Smucker Financial Statements

JM Smucker investors utilize fundamental indicators, such as Fixed Asset Turnover, to predict how SJM Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Fixed Asset Turnover 2.52  4.98 

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When determining whether JM Smucker is a strong investment it is important to analyze JM Smucker's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact JM Smucker's future performance. For an informed investment choice regarding SJM Stock, refer to the following important reports:
Check out the analysis of JM Smucker Correlation against competitors.
To learn how to invest in SJM Stock, please use our How to Invest in JM Smucker guide.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of JM Smucker. If investors know SJM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about JM Smucker listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.03)
Earnings Share
4.94
Revenue Per Share
80.881
Quarterly Revenue Growth
0.177
Return On Assets
0.0538
The market value of JM Smucker is measured differently than its book value, which is the value of SJM that is recorded on the company's balance sheet. Investors also form their own opinion of JM Smucker's value that differs from its market value or its book value, called intrinsic value, which is JM Smucker's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because JM Smucker's market value can be influenced by many factors that don't directly affect JM Smucker's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between JM Smucker's value and its price as these two are different measures arrived at by different means. Investors typically determine if JM Smucker is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JM Smucker's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.