NOMAD FOODS LTD (NOMD) Stock Fundamental Analysis
USA - NYSE:NOMD - VGG6564A1057 - Common Stock
12.12 USD
+0.09 (+0.75%)
12.12 USD
0 (0%)
NOMD gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 87 industry peers in the Food Products industry. While NOMD has a great profitability rating, there are quite some concerns on its financial health. NOMD has a bad growth rate and is valued cheaply.
1. Profitability
1.1 Basic Checks
NOMD had positive earnings in the past year.
NOMD had a positive operating cash flow in the past year.
In the past 5 years NOMD has always been profitable.
Each year in the past 5 years NOMD had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 3.32%, NOMD perfoms like the industry average, outperforming 59.77% of the companies in the same industry.
NOMD has a better Return On Equity (8.25%) than 66.67% of its industry peers.
NOMD has a Return On Invested Capital of 6.67%. This is in the better half of the industry: NOMD outperforms 72.41% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for NOMD is significantly below the industry average of 28.25%.
The last Return On Invested Capital (6.67%) for NOMD is above the 3 year average (6.34%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.32% | ||
| ROE | 8.25% | ||
| ROIC | 6.67% |
ROA(3y)3.49%
ROA(5y)3.49%
ROE(3y)8.52%
ROE(5y)8.8%
ROIC(3y)6.34%
ROIC(5y)6.26%
1.3 Margins
Looking at the Profit Margin, with a value of 6.89%, NOMD is in the better half of the industry, outperforming 79.31% of the companies in the same industry.
NOMD's Profit Margin has improved in the last couple of years.
NOMD has a better Operating Margin (14.36%) than 82.76% of its industry peers.
In the last couple of years the Operating Margin of NOMD has remained more or less at the same level.
NOMD has a Gross Margin of 29.06%. This is in the better half of the industry: NOMD outperforms 65.52% of its industry peers.
In the last couple of years the Gross Margin of NOMD has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.36% | ||
| PM (TTM) | 6.89% | ||
| GM | 29.06% |
OM growth 3Y-0.36%
OM growth 5Y0.25%
PM growth 3Y1.8%
PM growth 5Y2.03%
GM growth 3Y1.22%
GM growth 5Y-0.28%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so NOMD is still creating some value.
Compared to 1 year ago, NOMD has less shares outstanding
Compared to 5 years ago, NOMD has less shares outstanding
NOMD has a worse debt/assets ratio than last year.
2.2 Solvency
NOMD has an Altman-Z score of 1.51. This is a bad value and indicates that NOMD is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 1.51, NOMD is not doing good in the industry: 60.92% of the companies in the same industry are doing better.
NOMD has a debt to FCF ratio of 5.73. This is a neutral value as NOMD would need 5.73 years to pay back of all of its debts.
NOMD's Debt to FCF ratio of 5.73 is fine compared to the rest of the industry. NOMD outperforms 74.71% of its industry peers.
NOMD has a Debt/Equity ratio of 0.81. This is a neutral value indicating NOMD is somewhat dependend on debt financing.
NOMD has a worse Debt to Equity ratio (0.81) than 63.22% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.81 | ||
| Debt/FCF | 5.73 | ||
| Altman-Z | 1.51 |
ROIC/WACC1.03
WACC6.49%
2.3 Liquidity
A Current Ratio of 1.02 indicates that NOMD should not have too much problems paying its short term obligations.
With a Current ratio value of 1.02, NOMD is not doing good in the industry: 79.31% of the companies in the same industry are doing better.
A Quick Ratio of 0.63 indicates that NOMD may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.63, NOMD is doing worse than 73.56% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.02 | ||
| Quick Ratio | 0.63 |
3. Growth
3.1 Past
The earnings per share for NOMD have decreased by -0.89% in the last year.
The Earnings Per Share has been growing slightly by 7.50% on average over the past years.
The Revenue has been growing slightly by 1.82% in the past year.
NOMD shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.93% yearly.
EPS 1Y (TTM)-0.89%
EPS 3Y4.72%
EPS 5Y7.5%
EPS Q2Q%-9.99%
Revenue 1Y (TTM)1.82%
Revenue growth 3Y5.95%
Revenue growth 5Y5.93%
Sales Q2Q%-0.75%
3.2 Future
Based on estimates for the next years, NOMD will show a small growth in Earnings Per Share. The EPS will grow by 2.89% on average per year.
The Revenue is expected to decrease by -0.09% on average over the next years.
EPS Next Y-5.4%
EPS Next 2Y0.14%
EPS Next 3Y2.03%
EPS Next 5Y2.89%
Revenue Next Year-1.67%
Revenue Next 2Y0.21%
Revenue Next 3Y0.44%
Revenue Next 5Y-0.09%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 6.31, the valuation of NOMD can be described as very cheap.
93.10% of the companies in the same industry are more expensive than NOMD, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 25.83, NOMD is valued rather cheaply.
A Price/Forward Earnings ratio of 5.89 indicates a rather cheap valuation of NOMD.
Compared to the rest of the industry, the Price/Forward Earnings ratio of NOMD indicates a rather cheap valuation: NOMD is cheaper than 100.00% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 32.68. NOMD is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.31 | ||
| Fwd PE | 5.89 |
4.2 Price Multiples
80.46% of the companies in the same industry are more expensive than NOMD, based on the Enterprise Value to EBITDA ratio.
93.10% of the companies in the same industry are more expensive than NOMD, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.3 | ||
| EV/EBITDA | 6.28 |
4.3 Compensation for Growth
The decent profitability rating of NOMD may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.84
EPS Next 2Y0.14%
EPS Next 3Y2.03%
5. Dividend
5.1 Amount
NOMD has a Yearly Dividend Yield of 5.65%, which is a nice return.
The stock price of NOMD dropped by -24.95% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
Compared to an average industry Dividend Yield of 5.19, NOMD pays a better dividend. On top of this NOMD pays more dividend than 86.21% of the companies listed in the same industry.
NOMD's Dividend Yield is rather good when compared to the S&P500 average which is at 2.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.65% |
5.2 History
NOMD does not have a reliable dividend history as it only pays dividend since a couple or years.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
43.74% of the earnings are spent on dividend by NOMD. This is a bit on the high side, but may be sustainable.
DP43.74%
EPS Next 2Y0.14%
EPS Next 3Y2.03%
12.12
+0.09 (+0.75%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners79.19%
Inst Owner Change-0.85%
Ins Owners18.99%
Ins Owner ChangeN/A
Market Cap1.82B
Revenue(TTM)3.10B
Net Income(TTM)211.50M
Analysts85
Price Target19.04 (57.1%)
Short Float %0.9%
Short Ratio0.63
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.65% |
Yearly Dividend0.64
Dividend Growth(5Y)N/A
DP43.74%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)1.03%
Min EPS beat(2)-0.88%
Max EPS beat(2)2.93%
EPS beat(4)3
Avg EPS beat(4)4.46%
Min EPS beat(4)-0.88%
Max EPS beat(4)9.72%
EPS beat(8)6
Avg EPS beat(8)3.79%
EPS beat(12)9
Avg EPS beat(12)5.81%
EPS beat(16)12
Avg EPS beat(16)5.47%
Revenue beat(2)0
Avg Revenue beat(2)-3.36%
Min Revenue beat(2)-3.85%
Max Revenue beat(2)-2.86%
Revenue beat(4)0
Avg Revenue beat(4)-2.86%
Min Revenue beat(4)-3.85%
Max Revenue beat(4)-1.31%
Revenue beat(8)0
Avg Revenue beat(8)-2.56%
Revenue beat(12)2
Avg Revenue beat(12)-1.63%
Revenue beat(16)3
Avg Revenue beat(16)-1.59%
PT rev (1m)-11.11%
PT rev (3m)-23.81%
EPS NQ rev (1m)-0.28%
EPS NQ rev (3m)-23.54%
EPS NY rev (1m)-0.25%
EPS NY rev (3m)-9.66%
Revenue NQ rev (1m)-0.19%
Revenue NQ rev (3m)-4.09%
Revenue NY rev (1m)-0.13%
Revenue NY rev (3m)-1.98%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.31 | ||
| Fwd PE | 5.89 | ||
| P/S | 0.51 | ||
| P/FCF | 4.3 | ||
| P/OCF | 3.55 | ||
| P/B | 0.62 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.28 |
EPS(TTM)1.92
EY15.84%
EPS(NY)2.06
Fwd EY16.99%
FCF(TTM)2.82
FCFY23.23%
OCF(TTM)3.41
OCFY28.14%
SpS23.57
BVpS19.68
TBVpS-15.47
PEG (NY)N/A
PEG (5Y)0.84
Graham Number29.16
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.32% | ||
| ROE | 8.25% | ||
| ROCE | 8.46% | ||
| ROIC | 6.67% | ||
| ROICexc | 7.03% | ||
| ROICexgc | 94.63% | ||
| OM | 14.36% | ||
| PM (TTM) | 6.89% | ||
| GM | 29.06% | ||
| FCFM | 11.95% |
ROA(3y)3.49%
ROA(5y)3.49%
ROE(3y)8.52%
ROE(5y)8.8%
ROIC(3y)6.34%
ROIC(5y)6.26%
ROICexc(3y)6.84%
ROICexc(5y)6.75%
ROICexgc(3y)87.11%
ROICexgc(5y)98.01%
ROCE(3y)8.05%
ROCE(5y)7.95%
ROICexgc growth 3Y12.56%
ROICexgc growth 5Y3.41%
ROICexc growth 3Y5.89%
ROICexc growth 5Y3.1%
OM growth 3Y-0.36%
OM growth 5Y0.25%
PM growth 3Y1.8%
PM growth 5Y2.03%
GM growth 3Y1.22%
GM growth 5Y-0.28%
F-Score8
Asset Turnover0.48
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.81 | ||
| Debt/FCF | 5.73 | ||
| Debt/EBITDA | 3.83 | ||
| Cap/Depr | 76.81% | ||
| Cap/Sales | 2.52% | ||
| Interest Coverage | 4.28 | ||
| Cash Conversion | 82.02% | ||
| Profit Quality | 173.43% | ||
| Current Ratio | 1.02 | ||
| Quick Ratio | 0.63 | ||
| Altman-Z | 1.51 |
F-Score8
WACC6.49%
ROIC/WACC1.03
Cap/Depr(3y)86.29%
Cap/Depr(5y)91.27%
Cap/Sales(3y)2.66%
Cap/Sales(5y)2.67%
Profit Quality(3y)142.37%
Profit Quality(5y)145.89%
High Growth Momentum
Growth
EPS 1Y (TTM)-0.89%
EPS 3Y4.72%
EPS 5Y7.5%
EPS Q2Q%-9.99%
EPS Next Y-5.4%
EPS Next 2Y0.14%
EPS Next 3Y2.03%
EPS Next 5Y2.89%
Revenue 1Y (TTM)1.82%
Revenue growth 3Y5.95%
Revenue growth 5Y5.93%
Sales Q2Q%-0.75%
Revenue Next Year-1.67%
Revenue Next 2Y0.21%
Revenue Next 3Y0.44%
Revenue Next 5Y-0.09%
EBIT growth 1Y8.57%
EBIT growth 3Y5.57%
EBIT growth 5Y6.2%
EBIT Next Year15.44%
EBIT Next 3Y6.07%
EBIT Next 5Y3.19%
FCF growth 1Y25.57%
FCF growth 3Y16.07%
FCF growth 5Y5.78%
OCF growth 1Y17.76%
OCF growth 3Y12.44%
OCF growth 5Y6.66%
NOMAD FOODS LTD / NOMD FAQ
Can you provide the ChartMill fundamental rating for NOMAD FOODS LTD?
ChartMill assigns a fundamental rating of 5 / 10 to NOMD.
What is the valuation status of NOMAD FOODS LTD (NOMD) stock?
ChartMill assigns a valuation rating of 8 / 10 to NOMAD FOODS LTD (NOMD). This can be considered as Undervalued.
Can you provide the profitability details for NOMAD FOODS LTD?
NOMAD FOODS LTD (NOMD) has a profitability rating of 7 / 10.
Can you provide the PE and PB ratios for NOMD stock?
The Price/Earnings (PE) ratio for NOMAD FOODS LTD (NOMD) is 6.31 and the Price/Book (PB) ratio is 0.62.
How financially healthy is NOMAD FOODS LTD?
The financial health rating of NOMAD FOODS LTD (NOMD) is 3 / 10.