Jumbo
Jumbo (BELA) closed at €27.24 on 26/10/2026, +0.67% on the day. Market cap €3.7bn, P/E 11.4, dividend yield 4.41%.
Announcements to the exchange
- 05/10/2026 17:34Sales momentum remains positive in the nine month period
- 30/09/2026 17:45ANNOUNCEMENT OF EXTRAORDINARY CASH DISTRIBUTION
Key statistics
12 months to Jun 2026 unless a figure says otherwise
Profile
At the 26 Oct close- Market value
- €3.7bn
- Enterprise valueJun 2026est.
- €3.2bn
- Shares outstandingOct 2026
- 134.4m
- Revenue12 months to Jun 2026
- €1.3bn
- Employees
- 6,026
- Free floatest.
- 0.0%
- Traded a day, 3-month average
- €10.5m
Valuation
12 months to Jun 2026- P/EFY2025
- 11.4×
- P/B
- 2.3×
- EV/Salesest.
- 2.5×
- EV/EBITDAest.
- 7.2×
- P/FCFFY2022
- 30.0×
- Dividend yield
- 4.4%
5 years, on reported full years: 4.2–10.1×, median 7.6×. Today 7.3×, lower than 58% of months.
Margins
12 months to Jun 2026- Gross
- 54.6%
- EBITDA
- 35.1%
- Operating (EBIT)FY2025
- 31.8%
- Pre-taxFY2025
- 32.0%
- Net
- 25.8%
- Free cash flowFY2022
- 12.8%
Net margin = the shareholders' profit ÷ group revenue.
Returns
FY2025- ROE12 months to Jun 2026
- 20.5%
- ROCE
- 24.2%
- ROICest.
- 19.6%
- ROA
- 17.1%
- ROE, 5-year averageFY2021–25
- 20.4%
- Tax rate
- 18.9%
Financial health
Jun 2026- CashDec 2025
- €536.7m
- Net debt
- −€485.7m
- Net debt ÷ EBITDA
- −1.1×
- Debt ÷ equityDec 2025
- 4.2%
- Interest coverFY2025
- —
leases included
not meaningful here
Growth
- Revenue, last yearFY2025
- +7.2%
- Revenue, last halfH1 2026
- +4.4%
- EPS, last yearFY2025
- +1.2%
- Revenue, 3 yearsFY2022–25, a year
- +9.1%
- Revenue, 5 yearsFY2020–25, a year
- +12.2%
- EPS, 3 yearsFY2022–25, a year
- +9.3%
Dividends
FY2025- Yield, last 12 months
- 4.4%
- Per share
- €0.967
- Payout
- 40.6%
- Years paid, last fiveFY2021–25
- 5
Trading and risk
From our closes, dividends reinvested- Total return, 1 year
- +6.4%
- 3 years, a year
- +9.0%
- 5 years, a year
- +24.6%
- 10 years, a year
- +13.8%
- Volatility, 1 year
- 23.1%
- Beta to the General Index
- 0.76×
- Deepest fall, 1 year / 5 years
- −23.4% / −32.7%
- 52-week range
- €21.38–€28.54
Where the figures come from: the company's reports, reviewed by us · annual accounts filed in ESEF format · results announcements on the exchange · our own closing prices. No forecasts or target prices are stored.
Financial charts
From the stored figures: the reviewed dossier first, then the annual reports (ESEF) and results announcements
Loading the charts…
Valuation
4 companies · all much smaller| Metric | BELA | Peer median | Peer range |
|---|---|---|---|
| P/E | 11.4 | 16.5 | 6.7 26.3 |
| P/B | 2.3 | 2.1 | 0.9 4.4 |
| P/S | 2.92 | 0.66 | 0.35 3.44 |
| EV/EBITDA | 7.2 | 8.5 | 4.5 12.5 |
| Dividend yield | 4.4% | 2.4% | 0.0% 8.4% |
| Payout ratio | 40.6% | 28.8% | 25.3% 32.3% |
| Gross margin | 54.6% | 47.3% | 44.4% 52.5% |
| Operating margin | 31.8% | 13.0% | 5.2% 18.7% |
| Net margin | 25.8% | 6.9% | 5.1% 13.1% |
| ROE | 20.5% | 16.7% | 14.5% 25.1% |
| Revenue growth (last full year) | 7.2% | 4.9% | 2.4% 12.1% |
| Net debt | −€485.7m | €20.0m | -€29.9m €93.2m |
Peers: Retailers
The company
AI-draftedA Greek retailer that imports direct and sells low-priced home goods, seasonal items, toys, stationery and baby products through 89 hyperstores in Greece, Cyprus, Bulgaria and Romania and four e-shops. Seventy percent of its goods come from Asia. Wholesale to independent partners supplies 48 JUMBO-branded stores in seven other countries.
- A retailer that imports on its own account and sells through its own 89 hyperstores in Greece, Cyprus, Bulgaria and Romania, plus four e-shops.1
- No bank borrowing and €485.65m net cash at 30 June 2026 after leases and restricted deposits.4
- Chairman Apostolos-Evangelos Vakakis indirectly controls 16.42% through Tanocerian Maritime, the largest holder; FMR (Fidelity) reported 5.10% on 14 October 2026.1,12
- Toys were 19.21% of H1 2026 sales versus 45.10% home products and 18.50% seasonal.4
- Not a franchise operation in its four core markets: all 89 stores are group-owned, while the 48 JUMBO-branded stores in seven other countries belong to independent partners.4,5
- Not confined to Greece: 37.64% of H1 2026 sales came from Romania, Cyprus and Bulgaria.4
- Oct 2026Nine-month update (5 October): January–September sales up about 6%, September about 8%; Romania down about 5% over nine months.10
- Oct 2026Executive board member Sofia Vakaki disclosed five share purchases between 28 September and 8 October: 228,494 shares worth €5.69m in all.7,8,9,11
- Sep 2026On 23 September the board approved an extraordinary €1.00-per-share distribution: ex-date 16 November, record date 17 November, payment from 20 November; not yet paid.6
- Sep 2026H1 2026 results: €519.26m sales, €170.00m EBITDA, €120.65m profit and €485.65m net cash.4,5
- Jul 2026The AGM approved a dividend of €0.70 per share, €94.06m, from 2025 profits.2
- May 2026Agreement with the BALFIN Group to develop the JUMBO brand in Ukraine, Georgia, Armenia, Azerbaijan, Kazakhstan and Uzbekistan.3
- On 24 September, FY2026 guidance stayed at about 5% sales growth and €310–320m net profit. Nine-month sales rose about 6%.5,10
- €1.20 per share has been paid in 2026. The board approved a further €1.00 per share, ex-date 16 November and payment from 20 November; not yet paid.4,5,6
- Seventy percent of products come from Asia, mainly China, and no supplier exceeds 3% of sales.1
- Sales to independent partners were €43.20m in H1 2026 and are booked in the Greece segment.4
- The roughly 60,000 sq.m. Romanian logistics purchase and Thessaloniki centre progress; the Oinofyta project is being reassessed.5
- 1.Annual Report for the financial year 2025JUMBO S.A. · 28/04/2026official
- 2.JUMBO maintains its 2026 outlook and the AGM approves a dividend of 0,70 EUR per shareEuronext Athens · 15/07/2026official
- 3.Expansion of the Jumbo brand into new marketsEuronext Athens · 26/05/2026official
- 4.H1 2026 financial reportJUMBO S.A. / Euronext Athens · 24/09/2026official
- 5.H1 2026 results and distribution decisionJUMBO S.A. / Euronext Athens · 24/09/2026official
- 6.Announcement of extraordinary cash distributionEuronext Athens · 30/09/2026official
- 7.Transactions notification, 28–29 September 2026Euronext Athens · 30/09/2026official
- 8.Transactions notification, 30 September 2026Euronext Athens · 02/10/2026official
- 9.Transactions notification, 2 October 2026Euronext Athens · 05/10/2026official
- 10.Sales momentum remains positive in the nine month periodEuronext Athens · 05/10/2026official
- 11.Transactions notification, 8 October 2026Euronext Athens · 12/10/2026official
- 12.Notification of percentage change in voting rights above 5 percentEuronext Athens · 16/10/2026official