The J.M. Smucker Company SJM

Competitive advantage analysis · consumer-defensive

Corporate Default
Overall moat score
54/100
Moderate

About The J.M. Smucker Company

The J. M. Smucker Company manufactures and markets branded food and beverage products worldwide. The company operates through four segments: U.S. Retail Coffee, U.S. Retail Frozen Handheld and Spreads, U.S. Retail Pet Foods, and Sweet Baked Snacks. It offers coffee, sweet baked goods, pet snacks, frozen handheld products, peanut butter, cat and dog food, fruit and specialty spreads, cookies, frozen … Full SJM analysis →

Competitive advantage assessment

Key strengths

  • Revenue Growth Consistent Revenue growth volatility is low (stability score 0.92), suggesting sticky customer base.
  • Cash Generation Consistent Cash generation is consistent (score 0.96), indicating reliable business model.

Key risks

  • Elevated Debt Risk Debt serviceability is weak (score 0.31), raising refinancing risk.
  • Liquidity Concerns Liquidity is concerning (score 0.23), raising questions about short-term obligations.

The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.

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Pricing Power

Developing
48

Where SJM ranks in Packaged Foods

The J.M. Smucker Company ranks #30 of 73 scored companies in Packaged Foods by moat score — the top 41%. The widest moat in the group is McCormick & Company, Incorporat (MKC-V) at 79/100.

Moat scores for companies ranked near SJM in Packaged Foods
# Company Moat score Rating
26 Above Food Ingredients Inc. ABVE 58/100 Moderate
27 USANA Health Sciences, Inc. USNA 57/100 Moderate
28 Wing Yip Food Holdings Group Li WYHG 55/100 Moderate
29 Darling Ingredients Inc. DAR 54/100 Moderate
30 The J.M. Smucker Company SJM 54/100 Moderate
31 General Mills, Inc. GIS 54/100 Moderate
32 Treehouse Foods, Inc. THS 52/100 Moderate
33 B&G Foods, Inc. BGS 52/100 Moderate
34 Coffee Holding Co., Inc. JVA 51/100 Moderate

See every General Corporate company ranked by moat score →

How SJM scores on the Corporate Default defenses

Pricing Power

Score 48 · 20% of the moat score

Pricing power is the ability to raise prices without losing volume.

Cost Advantage

Score 63 · 15% of the moat score

A cost advantage means delivering the same product for structurally less — better purchasing, denser distribution, a more automated process.

Customer Stickiness

Score 95 · 15% of the moat score

Stickiness is what makes revenue repeat without being re-won every year.

Capital Efficiency

Score 33 · 18% of the moat score

Capital efficiency asks what the company earns on the money tied up in the business.

Resilience

Score 42 · 17% of the moat score

Resilience is the capacity to get through a bad year on its own terms — enough liquidity, enough interest cover, and enough cash generation to avoid a rescue financing or a forced sale.

Scale & Market Position

Score 49 · 15% of the moat score

Scale matters only when it converts into economics.

How each Corporate Default defense is measured, in full →

Understanding SJM's moat

What is The J.M. Smucker Company's moat score?

The J.M. Smucker Company (SJM) scores 54 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as moderate. It ranks #30 of 73 scored companies in Packaged Foods, the top 41%. The score is a weighted composite of 6 competitive defenses, each measured against industry peers of 72 companies in Packaged Foods. Its strongest defense is Customer Stickiness (95/100) and its weakest is Capital Efficiency (33/100).

How does The J.M. Smucker Company compare with other Packaged Foods companies?

The J.M. Smucker Company ranks #30 of 73 scored companies in Packaged Foods by moat score. The widest moat in Packaged Foods is McCormick & Company, Incorporat (MKC-V) at 79/100. The companies ranked closest are Darling Ingredients Inc. (DAR) at 54 just above it and General Mills, Inc. (GIS) at 54 just below it.

How is the moat score calculated?

Each company is scored with an industry-specific template — Corporate Default in this case, chosen because the defenses that matter to a bank are not the ones that matter to a software company. Every defense combines several financial signals, and each signal is measured as a percentile against a peer group of 72 companies in Packaged Foods. The defenses are then weighted to produce the overall score out of 100.

Why is The J.M. Smucker Company scored with the Corporate Default template?

Most public companies sell a product or a service at a margin, so the moat question is whether that margin survives contact with competitors. The Corporate template scores the six defenses that show up in a general operating company's financial signature: whether it can hold price, produce more cheaply than rivals, keep its customers, earn a return above its cost of capital, withstand a downturn, and turn size into economics.

Which competitive defenses are measured for The J.M. Smucker Company?

The Corporate Default template measures 6 defenses, and SJM scores: Pricing Power (48), Cost Advantage (63), Customer Stickiness (95), Capital Efficiency (33), Resilience (42), Scale & Market Position (49). Each is scored independently as a percentile against peers, so a company can be strong on one and weak on another — the overall score reflects how those defenses are weighted for this industry.

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