NOMAD FOODS LTD (NOMD) Stock Fundamental Analysis
USA - NYSE:NOMD - VGG6564A1057 - Common Stock
11.3 USD
-0.01 (-0.09%)
11.31 USD
+0.01 (+0.09%)
Taking everything into account, NOMD scores 5 out of 10 in our fundamental rating. NOMD was compared to 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
In the past year NOMD was profitable.
NOMD had a positive operating cash flow in the past year.
In the past 5 years NOMD has always been profitable.
NOMD had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
NOMD has a better Return On Assets (3.32%) than 60.92% of its industry peers.
Looking at the Return On Equity, with a value of 8.25%, NOMD is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
With a decent Return On Invested Capital value of 6.67%, NOMD is doing good in the industry, outperforming 72.41% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for NOMD is significantly below the industry average of 28.32%.
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
With a decent Profit Margin value of 6.89%, NOMD is doing good in the industry, outperforming 79.31% of the companies in the same industry.
In the last couple of years the Profit Margin of NOMD has grown nicely.
NOMD has a better Operating Margin (14.36%) than 82.76% of its industry peers.
NOMD's Operating Margin has been stable in the last couple of years.
With a decent Gross Margin value of 29.06%, NOMD is doing good in the industry, outperforming 65.52% of the companies in the same industry.
NOMD's Gross Margin has been stable in the last couple of years.
| 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
NOMD has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for NOMD has been reduced compared to 1 year ago.
Compared to 5 years ago, NOMD has less shares outstanding
NOMD has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.49, we must say that NOMD is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 1.49, NOMD is not doing good in the industry: 60.92% of the companies in the same industry are doing better.
The Debt to FCF ratio of NOMD is 5.73, which is a neutral value as it means it would take NOMD, 5.73 years of fcf income to pay off all of its debts.
NOMD has a better Debt to FCF ratio (5.73) than 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.
Looking at the Debt to Equity ratio, with a value of 0.81, NOMD is doing worse than 63.22% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.81 | ||
| Debt/FCF | 5.73 | ||
| Altman-Z | 1.49 |
ROIC/WACC1.04
WACC6.39%
2.3 Liquidity
A Current Ratio of 1.02 indicates that NOMD should not have too much problems paying its short term obligations.
NOMD's Current ratio of 1.02 is on the low side compared to the rest of the industry. NOMD is outperformed by 79.31% of its industry peers.
NOMD has a Quick Ratio of 1.02. This is a bad value and indicates that NOMD is not financially healthy enough and could expect problems in meeting 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
NOMD shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 10.26%, which is quite good.
NOMD shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 7.50% yearly.
NOMD shows a small growth in Revenue. In the last year, the Revenue has grown by 0.29%.
The Revenue has been growing slightly by 5.93% on average over the past years.
EPS 1Y (TTM)10.26%
EPS 3Y4.72%
EPS 5Y7.5%
EPS Q2Q%-9.09%
Revenue 1Y (TTM)0.29%
Revenue growth 3Y5.95%
Revenue growth 5Y5.93%
Sales Q2Q%-0.82%
3.2 Future
The Earnings Per Share is expected to grow by 2.88% on average over the next years.
Based on estimates for the next years, NOMD will show a decrease in Revenue. The Revenue will decrease by -0.18% on average per year.
EPS Next Y-4.92%
EPS Next 2Y0.66%
EPS Next 3Y2.15%
EPS Next 5Y2.88%
Revenue Next Year-1.45%
Revenue Next 2Y0.38%
Revenue Next 3Y0.48%
Revenue Next 5Y-0.18%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 5.68 indicates a rather cheap valuation of NOMD.
Based on the Price/Earnings ratio, NOMD is valued cheaply inside the industry as 95.40% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of NOMD to the average of the S&P500 Index (26.11), we can say NOMD is valued rather cheaply.
A Price/Forward Earnings ratio of 5.42 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.
NOMD's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.55.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.68 | ||
| Fwd PE | 5.42 |
4.2 Price Multiples
NOMD's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. NOMD is cheaper than 81.61% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of NOMD indicates a rather cheap valuation: NOMD is cheaper than 93.10% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.01 | ||
| EV/EBITDA | 6.1 |
4.3 Compensation for Growth
The decent profitability rating of NOMD may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.76
EPS Next 2Y0.66%
EPS Next 3Y2.15%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.01%, NOMD is a good candidate for dividend investing.
The stock price of NOMD dropped by -33.41% 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.
NOMD's Dividend Yield is rather good when compared to the industry average which is at 5.23. NOMD pays more dividend than 86.21% of the companies in the same industry.
NOMD's Dividend Yield is rather good when compared to the S&P500 average which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.01% |
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 2Y0.66%
EPS Next 3Y2.15%
11.3
-0.01 (-0.09%)
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 Cap1.70B
Revenue(TTM)3.07B
Net Income(TTM)211.50M
Analysts85
Price Target19.04 (68.5%)
Short Float %0.9%
Short Ratio0.63
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.01% |
Yearly Dividend0.65
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 | 5.68 | ||
| Fwd PE | 5.42 | ||
| P/S | 0.48 | ||
| P/FCF | 4.01 | ||
| P/OCF | 3.31 | ||
| P/B | 0.57 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.1 |
EPS(TTM)1.99
EY17.61%
EPS(NY)2.08
Fwd EY18.44%
FCF(TTM)2.82
FCFY24.96%
OCF(TTM)3.42
OCFY30.24%
SpS23.61
BVpS19.72
TBVpS-15.5
PEG (NY)N/A
PEG (5Y)0.76
Graham Number29.71
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 | 1.49 |
F-Score8
WACC6.39%
ROIC/WACC1.04
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)10.26%
EPS 3Y4.72%
EPS 5Y7.5%
EPS Q2Q%-9.09%
EPS Next Y-4.92%
EPS Next 2Y0.66%
EPS Next 3Y2.15%
EPS Next 5Y2.88%
Revenue 1Y (TTM)0.29%
Revenue growth 3Y5.95%
Revenue growth 5Y5.93%
Sales Q2Q%-0.82%
Revenue Next Year-1.45%
Revenue Next 2Y0.38%
Revenue Next 3Y0.48%
Revenue Next 5Y-0.18%
EBIT growth 1Y8.57%
EBIT growth 3Y5.57%
EBIT growth 5Y6.2%
EBIT Next Year15.44%
EBIT Next 3Y6.07%
EBIT Next 5Y3.13%
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 5.68 and the Price/Book (PB) ratio is 0.57.
How financially healthy is NOMAD FOODS LTD?
The financial health rating of NOMAD FOODS LTD (NOMD) is 3 / 10.