Nomad Foods Limited, together with its subsidiaries, manufactures, markets, and distributes a range of frozen food products in the United Kingdom and internationally. It offers frozen fish products, including fish fingers, coated fish, and natural fish; ready-to-cook vegetable products, such as peas and spinach; and frozen poultry and meat products comprising nuggets, grills, and burgers. The company also provides meal products that include ready-to-cook noodles, pasta, lasagna, pancakes, and other ready-made meals; ice creams, such as in-home and out-of-home ice creams; and other products consisting of soups, pizzas, bakery goods, and meat substitutes. It sells its products to supermarkets and food retail chains primarily under the Birds Eye, Green Cuisine, iglo, Findus, Aunt Bessie's, Goodfella's, Frikom, Ledo, La Cocinera, and Belviva brand names. Nomad Foods Limited was founded in 2014 and is headquartered in Woking, the United Kingdom.
Frozen Food Titan | Nomad Foods, a $2.79B market cap company, dominates Europe's frozen food market with $3.42B annual revenue, facing growth challenges and opportunities |
Financial Forecast | Analysts project EPS growth from $1.80 in FY2024 to $1.97 in FY2025, with a P/E ratio of 13.57 suggesting attractive valuation |
Strategic Inflection | Explore Nomad Foods' anticipated top-line growth in H2 2024, a potential turning point for revenue trajectory and stock performance |
Leadership Transition | New CFO appointment sparks interest in potential strategic shifts and financial management improvements, crucial for navigating market challenges |
Metrics to compare | NOMD | Sector Sector - Average of metrics from a broad group of related Consumer Non-Cyclicals sector companies | Relationship RelationshipNOMDPeersSector | |
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P/E Ratio | 10.0x | 15.8x | 12.2x | |
PEG Ratio | 0.36 | 0.49 | 0.03 | |
Price/Book | 0.9x | 1.3x | 1.5x | |
Price / LTM Sales | 0.7x | 1.2x | 0.9x | |
Upside (Analyst Target) | 45.4% | −17.2% | 17.8% | |
Fair Value Upside | Unlock | 14.1% | 10.8% | Unlock |