NOMAD FOODS LTD (NOMD) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:NOMD - VGG6564A1057 - Common Stock
12.23 USD
+0.06 (+0.49%)
12.2 USD
-0.03 (-0.25%)
Overall NOMD gets a fundamental rating of 5 out of 10. We evaluated NOMD against 87 industry peers in the Food Products industry. While NOMD belongs to the best of the industry regarding profitability, there are 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 Return On Assets of 3.32%. This is comparable to the rest of the industry: NOMD outperforms 59.77% of its industry peers.
With a decent Return On Equity value of 8.25%, NOMD is doing good in the industry, outperforming 65.52% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 6.67%, NOMD is in the better half of the industry, outperforming 71.26% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for NOMD is significantly below the industry average of 28.38%.
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
NOMD's Profit Margin of 6.89% is fine compared to the rest of the industry. NOMD outperforms 78.16% of its industry peers.
In the last couple of years the Profit Margin of NOMD has grown nicely.
NOMD has a Operating Margin of 14.36%. This is amongst the best in the industry. NOMD outperforms 83.91% of its industry peers.
NOMD's Operating Margin has been stable in the last couple of years.
NOMD has a better Gross Margin (29.06%) than 66.67% of its industry peers.
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
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
Compared to 1 year ago, NOMD has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.51, we must say that NOMD is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 1.51, NOMD perfoms like the industry average, outperforming 40.23% of the companies in the same industry.
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 has a better Debt to FCF ratio (5.73) than 77.01% 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 64.37% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.81 | ||
| Debt/FCF | 5.73 | ||
| Altman-Z | 1.51 |
ROIC/WACC1.03
WACC6.5%
2.3 Liquidity
NOMD has a Current Ratio of 1.02. This is a normal value and indicates that NOMD is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.02, NOMD is not doing good in the industry: 78.16% of the companies in the same industry are doing better.
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 70.11% 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 -1.19% in the last year.
NOMD shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 7.50% yearly.
Looking at the last year, NOMD shows a small growth in Revenue. The Revenue has grown by 1.82% in the last year.
The Revenue has been growing slightly by 5.93% on average over the past years.
EPS 1Y (TTM)-1.19%
EPS 3Y4.72%
EPS 5Y7.5%
EPS Q2Q%-10.91%
Revenue 1Y (TTM)1.82%
Revenue growth 3Y5.95%
Revenue growth 5Y5.93%
Sales Q2Q%-2.23%
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.
Based on estimates for the next years, NOMD will show a decrease in Revenue. The Revenue will decrease by -0.09% on average per year.
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
The Price/Earnings ratio is 6.37, which indicates a rather cheap valuation of NOMD.
Compared to the rest of the industry, the Price/Earnings ratio of NOMD indicates a rather cheap valuation: NOMD is cheaper than 95.40% of the companies listed in the same industry.
NOMD's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.31.
The Price/Forward Earnings ratio is 5.91, which 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 98.85% of the companies listed in the same industry.
NOMD is valuated cheaply when we compare the Price/Forward Earnings ratio to 36.59, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.37 | ||
| Fwd PE | 5.91 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NOMD is valued cheaply inside the industry as 81.61% of the companies are valued more expensively.
94.25% 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 | 4.32 | ||
| EV/EBITDA | 6.3 |
4.3 Compensation for Growth
NOMD has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.85
EPS Next 2Y0.14%
EPS Next 3Y2.03%
5. Dividend
5.1 Amount
NOMD has a Yearly Dividend Yield of 5.59%, which is a nice return.
The stock price of NOMD dropped by -21.30% 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 5.21. 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 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.59% |
5.2 History
NOMD is new to the dividend game and has less than 3 years of track record.
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%
12.23
+0.06 (+0.49%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners79.19%
Inst Owner Change-4.93%
Ins Owners18.99%
Ins Owner ChangeN/A
Market Cap1.84B
Revenue(TTM)3.10B
Net Income(TTM)211.50M
Analysts85
Price Target18.7 (52.9%)
Short Float %1.04%
Short Ratio0.6
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.59% |
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)-9.84%
PT rev (3m)-12.7%
EPS NQ rev (1m)-1.42%
EPS NQ rev (3m)-8.67%
EPS NY rev (1m)-0.5%
EPS NY rev (3m)-2.72%
Revenue NQ rev (1m)-0.33%
Revenue NQ rev (3m)-1.17%
Revenue NY rev (1m)-0.22%
Revenue NY rev (3m)-0.57%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.37 | ||
| Fwd PE | 5.91 | ||
| P/S | 0.52 | ||
| P/FCF | 4.32 | ||
| P/OCF | 3.57 | ||
| P/B | 0.62 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.3 |
EPS(TTM)1.92
EY15.7%
EPS(NY)2.07
Fwd EY16.91%
FCF(TTM)2.83
FCFY23.13%
OCF(TTM)3.43
OCFY28.02%
SpS23.67
BVpS19.77
TBVpS-15.55
PEG (NY)N/A
PEG (5Y)0.85
Graham Number29.22
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
WACC6.5%
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)-1.19%
EPS 3Y4.72%
EPS 5Y7.5%
EPS Q2Q%-10.91%
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%-2.23%
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 6.37 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.