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 |
Strong Buy
Market Performance | Insignificant | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Reporting Quality (M-Score) | Unavailable | 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 1.07. 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 May 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:
| Over 81.0% of the company shares are owned by institutional investors | |
| Latest headline from simplywall.st: Nomad Foods Has A Somewhat Strained Balance Sheet |
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 | River Road Asset Management, Llc | 2024-03-31 | 2.7 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 2.7 M | Millennium Management Llc | 2023-12-31 | 2.3 M | Deutsche Bank Ag | 2023-12-31 | 2.2 M | Altravue Capital, Llc | 2023-12-31 | 2.1 M | Hhg Plc | 2023-12-31 | 2 M | Wellington Management Company Llp | 2023-12-31 | 2 M | Victory Capital Management Inc. | 2023-12-31 | 1.7 M | Paradice Investment Management Llc | 2023-12-31 | 1.7 M | Fmr Inc | 2023-12-31 | 16.7 M | Boston Partners Global Investors, Inc | 2023-12-31 | 7.2 M |
Nomad Foods' market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.97 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Nomad Foods's market, we take the total number of its shares issued and multiply it by Nomad Foods's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Market Cap |
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Nomad Foods' profitablity analysis
Nomad Foods' profitability indicators refer to fundamental financial ratios that showcase Nomad Foods' ability to generate income relative to its revenue or operating costs. If, let's say, Nomad Foods is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Nomad Foods' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Nomad Foods' profitability requires more research than a typical breakdown of Nomad Foods' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
| 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.
The data published in Nomad Foods' official financial statements usually reflect Nomad Foods' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Nomad Foods. For example, before you start analyzing numbers published by Nomad accountants, it's critical to develop an understanding of what Nomad Foods' liquidity, profitability, and earnings quality are in the context of the Food Products space in which it operates.
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. Whatever the case, the imprecision that can be found in Nomad Foods' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Nomad Foods. 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 0.0401 % which means that it generated a profit of $0.0401 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0741 %, meaning that it created $0.0741 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 Current Assets are forecasted to decline to about 1.6 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 15.21 | 9.23 | |
| Net Current Asset Value | 0.00 | 0.00 | |
| Tangible Asset Value | 0.00 | 0.00 | |
| Tangible Book Value Per Share | (11.61) | (12.19) | |
| Enterprise Value Over EBITDA | 8.60 | 9.03 | |
| Price Book Value Ratio | 1.01 | 1.06 | |
| Enterprise Value Multiple | 8.60 | 9.03 | |
| Price Fair Value | 1.01 | 1.06 | |
| Enterprise Value | 4.4 B | 3.4 B |
The analysis of Nomad Foods' management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Nomad Foods' future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Nomad Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield 0.0332 | Forward Dividend Yield 0.0332 | Forward Dividend Rate 0.6 | Beta 0.749 |
Basic technical analysis of Nomad Stock
As of the 5th of May, Nomad Foods secures the Mean Deviation of 1.01, downside deviation of 1.38, and Risk Adjusted Performance of 0.0193. 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. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We have collected data for nineteen technical drivers for Nomad Foods, which can be compared to its peers in the industry. Please verify Nomad Foods treynor ratio, as well as the relationship between the downside variance and kurtosis to decide if Nomad Foods is priced some-what accurately, providing market reflects its recent price of 18.09 per share. Given that Nomad Foods has jensen alpha of (0.05), we recommend you to check Nomad Foods's last-minute market performance to make sure the company can sustain itself at a future point.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 | 0.0193 | |||
| Market Risk Adjusted Performance | 0.0305 | |||
| Mean Deviation | 1.01 | |||
| Semi Deviation | 1.28 | |||
| Downside Deviation | 1.38 | |||
| Coefficient Of Variation | 4629.93 | |||
| Standard Deviation | 1.45 | |||
| Variance | 2.11 | |||
| Information Ratio | (0.03) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0205 | |||
| Maximum Drawdown | 8.87 | |||
| Value At Risk | (2.06) | |||
| Potential Upside | 2.63 | |||
| Downside Variance | 1.91 | |||
| Semi Variance | 1.64 | |||
| Expected Short fall | (1.04) | |||
| Skewness | 0.997 | |||
| Kurtosis | 3.19 |
| Risk Adjusted Performance | 0.0193 | |||
| Market Risk Adjusted Performance | 0.0305 | |||
| Mean Deviation | 1.01 | |||
| Semi Deviation | 1.28 | |||
| Downside Deviation | 1.38 | |||
| Coefficient Of Variation | 4629.93 | |||
| Standard Deviation | 1.45 | |||
| Variance | 2.11 | |||
| Information Ratio | (0.03) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0205 | |||
| Maximum Drawdown | 8.87 | |||
| Value At Risk | (2.06) | |||
| Potential Upside | 2.63 | |||
| Downside Variance | 1.91 | |||
| Semi Variance | 1.64 | |||
| Expected Short fall | (1.04) | |||
| Skewness | 0.997 | |||
| Kurtosis | 3.19 |
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 time-series forecasting models is one of many Nomad Foods' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Nomad Foods' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
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 Historical Investor Sentiment
Investor biases related to Nomad Foods' public news can be used to forecast risks associated with an investment in Nomad. The trend in average sentiment can be used to explain how an investor holding Nomad can time the market purely based on public headlines and social activities around Nomad Foods. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Nomad Foods' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Nomad Foods and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Nomad Foods news discussions. The higher the estimate score, the more favorable the investor's outlook on Nomad Foods.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Nomad Foods without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Nomad Foods Corporate Directors
Nomad Foods corporate directors refer to members of a Nomad Foods board of directors. The board of directors generally takes responsibility for the Nomad Foods' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Nomad Foods' board members must vote for the resolution. The Nomad Foods board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Samy Zekhout | Chief Financial Officer, Director | Profile | |
| James Lillie | Independent Director | Profile | |
| Victoria Parry | Director | Profile | |
| Simon White | Director | Profile |
How to buy Nomad Stock?
To provide specific investment advice or recommendations on Nomad Foods stock, we recommend investors consider the following general factors when evaluating Nomad Foods. This will help you to make an informed decision on whether to include Nomad Foods in one of your diversified portfolios:- 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.
Already Invested in Nomad Foods?
The danger of trading Nomad Foods is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Nomad Foods is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Nomad Foods. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Nomad Foods is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 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 tightly coupled 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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Complementary Tools for Nomad Stock analysis
When running Nomad Foods' price analysis, check to measure Nomad Foods' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nomad Foods is operating at the current time. Most of Nomad Foods' value examination focuses on studying past and present price action to predict the probability of Nomad Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nomad Foods' price. Additionally, you may evaluate how the addition of Nomad Foods to your portfolios can decrease your overall portfolio volatility.
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Is Nomad Foods' industry 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 (0.28) | Earnings Share 1.21 | Revenue Per Share 17.849 | Quarterly Revenue Growth 0.014 | Return On Assets 0.0401 |
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.