Is Nomad Foods Stock a Good Investment?
Nomad Foods Investment Advice | NOMD |
- Examine Nomad Foods' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Nomad Foods' leadership team and their track record. Good management can help Nomad Foods navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Packaged Foods & Meats space and any emerging trends that could impact Nomad Foods' business and its evolving consumer preferences.
- Compare Nomad Foods' performance and market position to its competitors. Analyze how Nomad Foods is positioned in terms of product offerings, innovation, and market share.
- Check if Nomad Foods pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Nomad Foods' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Nomad Foods stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Nomad Foods is a good investment.
Sell | Buy |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Nomad Foods Stock
Researching Nomad Foods' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 18.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.04. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Nomad Foods has Price/Earnings To Growth (PEG) ratio of 1.38. The entity last dividend was issued on the 8th of November 2024.
To determine if Nomad Foods is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Nomad Foods' research are outlined below:
| Nomad Foods generated a negative expected return over the last 90 days | |
| Nomad Foods has a strong financial position based on the latest SEC filings | |
| Over 78.0% of the company shares are owned by institutional investors | |
| On 26th of November 2024 Nomad Foods paid $ 0.15 per share dividend to its current shareholders | |
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Nomad Foods Quarterly Accounts Payable |
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Nomad Foods uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Nomad Foods. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Nomad Foods' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 8th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Nomad Foods' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Nomad Foods' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2016-11-29 | 2016-09-30 | 0.2 | 0.22 | 0.02 | 10 | ||
2016-08-25 | 2016-06-30 | 0.17 | 0.19 | 0.02 | 11 | ||
2020-05-07 | 2020-03-31 | 0.3 | 0.33 | 0.03 | 10 | ||
2017-03-30 | 2016-12-31 | 0.16 | 0.13 | -0.03 | 18 | ||
2021-11-04 | 2021-09-30 | 0.31 | 0.35 | 0.04 | 12 | ||
2020-08-06 | 2020-06-30 | 0.3 | 0.34 | 0.04 | 13 | ||
2019-08-08 | 2019-06-30 | 0.23 | 0.27 | 0.04 | 17 | ||
2018-11-08 | 2018-09-30 | 0.22 | 0.26 | 0.04 | 18 |
Know Nomad Foods' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Nomad Foods is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Nomad Foods backward and forwards among themselves. Nomad Foods' institutional investor refers to the entity that pools money to purchase Nomad Foods' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Polaris Capital Management, Llc | 30230-09-30 | 3.1 M | Victory Capital Management Inc. | 2024-09-30 | 2.1 M | Wellington Management Company Llp | 2024-06-30 | 1.9 M | Amundi | 2024-06-30 | 1.9 M | Mount Capital Ltd | 2024-09-30 | 1.8 M | Deutsche Bank Ag | 2024-06-30 | 1.7 M | Norges Bank | 1.6 M | Townsend & Associates Inc | 2024-09-30 | 1.5 M | Bank Of America Corp | 2024-06-30 | 1.5 M | Fmr Inc | 2024-09-30 | 16.3 M | Boston Partners Global Investors, Inc | 2024-09-30 | 10.2 M |
Nomad Foods' market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.94 B.Market Cap |
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Nomad Foods' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.10 | 0.11 | |
| Return On Capital Employed | 0.08 | 0.08 | |
| Return On Assets | 0.03 | 0.03 | |
| Return On Equity | 0.07 | 0.08 |
Determining Nomad Foods' profitability involves analyzing its financial statements and using various financial metrics to determine if Nomad Foods is a good buy. For example, gross profit margin measures Nomad Foods' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Nomad Foods' profitability and make more informed investment decisions.
Nomad Foods' Earnings Breakdown by Geography
Please note, the presentation of Nomad Foods' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Nomad Foods' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Nomad Foods' management manipulating its earnings.
Evaluate Nomad Foods' management efficiency
Nomad Foods has return on total asset (ROA) of 0.0392 % which means that it generated a profit of $0.0392 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0782 %, meaning that it created $0.0782 on every $100 dollars invested by stockholders. Nomad Foods' management efficiency ratios could be used to measure how well Nomad Foods manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.11. The current year's Return On Capital Employed is expected to grow to 0.08. At present, Nomad Foods' Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Return On Tangible Assets is expected to grow to 0.11, whereas Other Assets are forecasted to decline to (5.6 M).| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 15.20 | 9.23 | |
| Tangible Book Value Per Share | (11.62) | (12.20) | |
| Enterprise Value Over EBITDA | 9.06 | 9.51 | |
| Price Book Value Ratio | 1.01 | 1.06 | |
| Enterprise Value Multiple | 9.06 | 9.51 | |
| Price Fair Value | 1.01 | 1.06 | |
| Enterprise Value | 4.4 B | 3.4 B |
Nomad Foods has shown resilience through effective management strategies. Our analysis examines how these strategies influence financial outcomes and investor returns which helps in understanding the stock's long-term potential.
Dividend Yield 0.0358 | Forward Dividend Yield 0.0358 | Forward Dividend Rate 0.6 | Beta 0.783 |
Basic technical analysis of Nomad Stock
As of the 1st of December, Nomad Foods secures the insignificant Risk Adjusted Performance, mean deviation of 1.13, and Standard Deviation of 1.47. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nomad Foods, as well as the relationship between them. Please verify Nomad Foods information ratio and potential upside to decide if Nomad Foods is priced some-what accurately, providing market reflects its recent price of 18.31 per share. Given that Nomad Foods has information ratio of (0.10), we recommend you to check Nomad Foods's last-minute market performance to make sure the company can sustain itself at a future point.Nomad Foods' Outstanding Corporate Bonds
Nomad Foods issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Nomad Foods uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Nomad bonds can be classified according to their maturity, which is the date when Nomad Foods has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
Understand Nomad Foods' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Nomad Foods' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0) | |||
| Market Risk Adjusted Performance | (0.14) | |||
| Mean Deviation | 1.13 | |||
| Coefficient Of Variation | (11,893) | |||
| Standard Deviation | 1.47 | |||
| Variance | 2.15 | |||
| Information Ratio | (0.10) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | (0.15) | |||
| Maximum Drawdown | 5.91 | |||
| Value At Risk | (2.59) | |||
| Potential Upside | 1.86 | |||
| Skewness | (0.51) | |||
| Kurtosis | 0.3244 |
| Risk Adjusted Performance | (0) | |||
| Market Risk Adjusted Performance | (0.14) | |||
| Mean Deviation | 1.13 | |||
| Coefficient Of Variation | (11,893) | |||
| Standard Deviation | 1.47 | |||
| Variance | 2.15 | |||
| Information Ratio | (0.10) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | (0.15) | |||
| Maximum Drawdown | 5.91 | |||
| Value At Risk | (2.59) | |||
| Potential Upside | 1.86 | |||
| Skewness | (0.51) | |||
| Kurtosis | 0.3244 |
Consider Nomad Foods' intraday indicators
Nomad Foods intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Nomad Foods stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Nomad Foods Corporate Filings
6K | 14th of November 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
13A | 13th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
| 29th of February 2024 Other Reports | ViewVerify | |
13A | 14th of February 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
Nomad Stock media impact
Far too much social signal, news, headlines, and media speculation about Nomad Foods that are available to investors today. That information is available publicly through Nomad media outlets and privately through word of mouth or via Nomad internal channels. However, regardless of the origin, that massive amount of Nomad data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Nomad Foods news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Nomad Foods relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Nomad Foods' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Nomad Foods alpha.
Nomad Foods Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Nomad Foods can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Nomad Foods Corporate Directors
| Samy Zekhout | Chief Financial Officer, Director | Profile | |
| Victoria Parry | Director | Profile | |
| Lord Myners | Lead Independent Director | Profile | |
| James Lillie | Independent Director | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nomad Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade Nomad Stock refer to our How to Trade Nomad Stock guide.You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
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 Nomad Foods. If investors know Nomad 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 Nomad Foods 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 0.536 | Earnings Share 1.31 | Revenue Per Share 18.544 | Quarterly Revenue Growth 0.011 | Return On Assets 0.0392 |
The market value of Nomad Foods is measured differently than its book value, which is the value of Nomad that is recorded on the company's balance sheet. Investors also form their own opinion of Nomad Foods' value that differs from its market value or its book value, called intrinsic value, which is Nomad Foods' 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 Nomad Foods' market value can be influenced by many factors that don't directly affect Nomad Foods' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Nomad Foods' value and its price, as these two are different measures arrived at by various means. Investors typically determine if Nomad Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nomad Foods' 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.