NOMAD FOODS LTD (NOMD) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:NOMD - VGG6564A1057 - Common Stock
12.04 USD
+0.03 (+0.25%)
12.05 USD
+0.01 (+0.08%)
NOMD gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 87 industry peers in the Food Products industry. There are concerns on the financial health of NOMD while its profitability can be described as average. NOMD is cheap, but on the other hand it scores bad on growth.
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.
Each year in the past 5 years NOMD has been profitable.
NOMD had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of NOMD (3.15%) is comparable to the rest of the industry.
Looking at the Return On Equity, with a value of 7.78%, NOMD is in the better half of the industry, outperforming 68.97% of the companies in the same industry.
NOMD has a Return On Invested Capital of 6.29%. This is in the better half of the industry: NOMD outperforms 70.11% of its industry peers.
The Average Return On Invested Capital over the past 3 years for NOMD is significantly below the industry average of 28.02%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.15% | ||
| ROE | 7.78% | ||
| ROIC | 6.29% |
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 has a better Profit Margin (6.51%) than 79.31% of its industry peers.
In the last couple of years the Profit Margin of NOMD has grown nicely.
Looking at the Operating Margin, with a value of 13.58%, NOMD belongs to the top of the industry, outperforming 86.21% of the companies in the same industry.
NOMD's Operating Margin has been stable in the last couple of years.
NOMD has a Gross Margin of 27.88%. 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 | 13.58% | ||
| PM (TTM) | 6.51% | ||
| GM | 27.88% |
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 below the Cost of Capital (WACC), which means it is destroying value.
NOMD has less shares outstanding than it did 1 year ago.
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 1.50, we must say that NOMD is in the distress zone and has some risk of bankruptcy.
NOMD has a Altman-Z score (1.50) which is in line with its industry peers.
NOMD has a debt to FCF ratio of 6.65. This is a slightly negative value and a sign of low solvency as NOMD would need 6.65 years to pay back of all of its debts.
NOMD has a better Debt to FCF ratio (6.65) than 73.56% of its industry peers.
A Debt/Equity ratio of 0.81 indicates that NOMD is somewhat dependend on debt financing.
The Debt to Equity ratio of NOMD (0.81) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.81 | ||
| Debt/FCF | 6.65 | ||
| Altman-Z | 1.5 |
ROIC/WACC0.97
WACC6.48%
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: 73.56% of the companies in the same industry are doing better.
A Quick Ratio of 0.59 indicates that NOMD may have some problems paying its short term obligations.
The Quick ratio of NOMD (0.59) is worse than 68.97% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.02 | ||
| Quick Ratio | 0.59 |
3. Growth
3.1 Past
NOMD shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -1.19%.
Measured over the past 5 years, NOMD shows a small growth in Earnings Per Share. The EPS has been growing by 7.50% on average per year.
The Revenue has decreased by -0.47% 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)-1.19%
EPS 3Y4.72%
EPS 5Y7.5%
EPS Q2Q%-10.91%
Revenue 1Y (TTM)-0.47%
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 2.32% on average per year.
NOMD is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -0.43% yearly.
EPS Next Y-4.89%
EPS Next 2Y-0.59%
EPS Next 3Y2.01%
EPS Next 5Y2.32%
Revenue Next Year-2.18%
Revenue Next 2Y-0.44%
Revenue Next 3Y0.09%
Revenue Next 5Y-0.43%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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
With a Price/Earnings ratio of 6.21, the valuation of NOMD can be described as very cheap.
96.55% of the companies in the same industry are more expensive than NOMD, based on the Price/Earnings ratio.
NOMD is valuated cheaply when we compare the Price/Earnings ratio to 27.19, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 5.86, which indicates a rather cheap valuation of NOMD.
Based on the Price/Forward Earnings ratio, NOMD is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of NOMD to the average of the S&P500 Index (23.88), we can say NOMD is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.21 | ||
| Fwd PE | 5.86 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NOMD is valued cheaply inside the industry as 80.46% 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 | 4.89 | ||
| EV/EBITDA | 6.65 |
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)0.83
EPS Next 2Y-0.59%
EPS Next 3Y2.01%
5. Dividend
5.1 Amount
NOMD has a Yearly Dividend Yield of 5.66%, which is a nice return.
NOMD's Dividend Yield is rather good when compared to the industry average which is at 2.46. NOMD pays more dividend than 85.06% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 1.90, NOMD pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.66% |
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
46.03% of the earnings are spent on dividend by NOMD. This is a bit on the high side, but may be sustainable.
DP46.03%
EPS Next 2Y-0.59%
EPS Next 3Y2.01%
12.04
+0.03 (+0.25%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners76.93%
Inst Owner Change0%
Ins Owners18.99%
Ins Owner ChangeN/A
Market Cap1.81B
Revenue(TTM)3.05B
Net Income(TTM)198.80M
Analysts85
Price Target17.17 (42.61%)
Short Float %1.62%
Short Ratio1.04
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.66% |
Yearly Dividend0.65
Dividend Growth(5Y)N/A
DP46.03%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.19%
Min EPS beat(2)2.93%
Max EPS beat(2)3.46%
EPS beat(4)3
Avg EPS beat(4)3.81%
Min EPS beat(4)-0.88%
Max EPS beat(4)9.72%
EPS beat(8)6
Avg EPS beat(8)2.94%
EPS beat(12)9
Avg EPS beat(12)4.47%
EPS beat(16)12
Avg EPS beat(16)4.94%
Revenue beat(2)0
Avg Revenue beat(2)-3.28%
Min Revenue beat(2)-3.85%
Max Revenue beat(2)-2.72%
Revenue beat(4)0
Avg Revenue beat(4)-2.68%
Min Revenue beat(4)-3.85%
Max Revenue beat(4)-1.31%
Revenue beat(8)0
Avg Revenue beat(8)-2.82%
Revenue beat(12)1
Avg Revenue beat(12)-2.15%
Revenue beat(16)3
Avg Revenue beat(16)-1.67%
PT rev (1m)-8.18%
PT rev (3m)-17.21%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-2.78%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.21%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.33%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.86%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.21 | ||
| Fwd PE | 5.86 | ||
| P/S | 0.51 | ||
| P/FCF | 4.89 | ||
| P/OCF | 3.87 | ||
| P/B | 0.61 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.65 |
EPS(TTM)1.94
EY16.11%
EPS(NY)2.05
Fwd EY17.06%
FCF(TTM)2.46
FCFY20.44%
OCF(TTM)3.11
OCFY25.86%
SpS23.72
BVpS19.85
TBVpS-15.73
PEG (NY)N/A
PEG (5Y)0.83
Graham Number29.44
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.15% | ||
| ROE | 7.78% | ||
| ROCE | 7.98% | ||
| ROIC | 6.29% | ||
| ROICexc | 6.53% | ||
| ROICexgc | 76.85% | ||
| OM | 13.58% | ||
| PM (TTM) | 6.51% | ||
| GM | 27.88% | ||
| FCFM | 10.37% |
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-Score6
Asset Turnover0.48
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.81 | ||
| Debt/FCF | 6.65 | ||
| Debt/EBITDA | 4 | ||
| Cap/Depr | 79.7% | ||
| Cap/Sales | 2.75% | ||
| Interest Coverage | 4.12 | ||
| Cash Conversion | 77.06% | ||
| Profit Quality | 159.31% | ||
| Current Ratio | 1.02 | ||
| Quick Ratio | 0.59 | ||
| Altman-Z | 1.5 |
F-Score6
WACC6.48%
ROIC/WACC0.97
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-4.89%
EPS Next 2Y-0.59%
EPS Next 3Y2.01%
EPS Next 5Y2.32%
Revenue 1Y (TTM)-0.47%
Revenue growth 3Y5.95%
Revenue growth 5Y5.93%
Sales Q2Q%-2.23%
Revenue Next Year-2.18%
Revenue Next 2Y-0.44%
Revenue Next 3Y0.09%
Revenue Next 5Y-0.43%
EBIT growth 1Y-3.76%
EBIT growth 3Y5.57%
EBIT growth 5Y6.2%
EBIT Next Year13.97%
EBIT Next 3Y4.21%
EBIT Next 5Y2.38%
FCF growth 1Y-15.09%
FCF growth 3Y16.07%
FCF growth 5Y5.78%
OCF growth 1Y-12.09%
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 4 / 10 to NOMD.
What is the valuation status for 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 6 / 10.
Can you provide the PE and PB ratios for NOMD stock?
The Price/Earnings (PE) ratio for NOMAD FOODS LTD (NOMD) is 6.21 and the Price/Book (PB) ratio is 0.61.
Is the dividend of NOMAD FOODS LTD sustainable?
The dividend rating of NOMAD FOODS LTD (NOMD) is 5 / 10 and the dividend payout ratio is 46.03%.