Nomad Foods Stock Short Ratio
| NOMD Stock | USD 17.60 0.12 0.69% |
Nomad Foods fundamentals help investors to digest information that contributes to Nomad Foods' financial success or failures. It also enables traders to predict the movement of Nomad Stock. The fundamental analysis module provides a way to measure Nomad Foods' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Nomad Foods stock.
Nomad | Short Ratio |
Nomad Foods Company Short Ratio Analysis
Nomad Foods' Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Current Nomad Foods Short Ratio | 2.93 X |
Most of Nomad Foods' fundamental indicators, such as Short Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Nomad Foods is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Nomad Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Nomad Foods is extremely important. It helps to project a fair market value of Nomad Stock properly, considering its historical fundamentals such as Short Ratio. Since Nomad Foods' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Nomad Foods' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Nomad Foods' interrelated accounts and indicators.
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The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
| Competition |
Based on the latest financial disclosure, Nomad Foods has a Short Ratio of 2.93 times. This is 44.51% lower than that of the Food Products sector and 57.6% lower than that of the Consumer Staples industry. The short ratio for all United States stocks is 26.75% higher than that of the company.
Nomad Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nomad Foods' direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Nomad Foods could also be used in its relative valuation, which is a method of valuing Nomad Foods by comparing valuation metrics of similar companies.Nomad Foods is currently under evaluation in short ratio category among its peers.
Nomad Foods Current Valuation Drivers
We derive many important indicators used in calculating different scores of Nomad Foods from analyzing Nomad Foods' financial statements. These drivers represent accounts that assess Nomad Foods' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Nomad Foods' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 3.8B | 4.0B | 4.0B | 2.8B | 2.6B | 2.1B | |
| Enterprise Value | 4.9B | 5.4B | 6.0B | 4.6B | 4.4B | 3.4B |
Nomad Foods ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Nomad Foods' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Nomad Foods' managers, analysts, and investors.Environmental | Governance | Social |
Nomad Foods Institutional Holders
Institutional Holdings refers to the ownership stake in Nomad Foods that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Nomad Foods' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Nomad Foods' value.| Shares | River Road Asset Management, Llc | 2024-03-31 | 2.7 M | Victory Capital Management Inc. | 2024-03-31 | 2.3 M | Millennium Management Llc | 2024-03-31 | 2.2 M | Altravue Capital, Llc | 2024-03-31 | 2.1 M | Morgan Stanley - Brokerage Accounts | 2024-03-31 | 2 M | Wellington Management Company Llp | 2024-03-31 | 1.9 M | Hhg Plc | 2024-03-31 | 1.9 M | Mount Capital Ltd | 2024-03-31 | 1.7 M | Deutsche Bank Ag | 2024-03-31 | 1.7 M | Fmr Inc | 2024-03-31 | 16.3 M | Boston Partners Global Investors, Inc | 2024-03-31 | 8.6 M |
Nomad Fundamentals
| Return On Equity | 0.0707 | |||
| Return On Asset | 0.0382 | |||
| Profit Margin | 0.06 % | |||
| Operating Margin | 0.12 % | |||
| Current Valuation | 4.63 B | |||
| Shares Outstanding | 162.98 M | |||
| Shares Owned By Insiders | 17.62 % | |||
| Shares Owned By Institutions | 79.26 % | |||
| Number Of Shares Shorted | 1.98 M | |||
| Price To Earning | 12.39 X | |||
| Price To Book | 1.07 X | |||
| Price To Sales | 0.99 X | |||
| Revenue | 2.98 B | |||
| Gross Profit | 815.3 M | |||
| EBITDA | 511.4 M | |||
| Net Income | 188.75 M | |||
| Cash And Equivalents | 221 M | |||
| Cash Per Share | 1.28 X | |||
| Total Debt | 2.19 B | |||
| Debt To Equity | 0.92 % | |||
| Current Ratio | 1.07 X | |||
| Book Value Per Share | 16.10 X | |||
| Cash Flow From Operations | 335.19 M | |||
| Short Ratio | 2.93 X | |||
| Earnings Per Share | 1.20 X | |||
| Price To Earnings To Growth | 1.38 X | |||
| Target Price | 24.38 | |||
| Number Of Employees | 6.99 K | |||
| Beta | 0.79 | |||
| Market Capitalization | 2.89 B | |||
| Total Asset | 6.42 B | |||
| Retained Earnings | 1.06 B | |||
| Working Capital | 137.1 M | |||
| Current Asset | 817 M | |||
| Current Liabilities | 662 M | |||
| Annual Yield | 0.03 % | |||
| Net Asset | 6.42 B | |||
| Last Dividend Paid | 0.28 |
About Nomad Foods Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nomad Foods's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nomad Foods using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nomad Foods based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Information and Resources on Investing in Nomad Stock
When determining whether Nomad Foods is a strong investment it is important to analyze Nomad Foods' 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 Nomad Foods' future performance. For an informed investment choice regarding Nomad Stock, refer to the following important reports:Check out Nomad Foods Piotroski F Score and Nomad Foods Altman Z Score analysis. For information on how to trade Nomad Stock refer to our How to Trade Nomad Stock guide.You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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 (0.11) | Dividend Share 0.275 | Earnings Share 1.2 | Revenue Per Share 18.201 | Quarterly Revenue Growth 0.011 |
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.
Please note, there is a significant difference between Nomad Foods' value and its price as these two are different measures arrived at by different 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.