Nomad Foods Ltd logo

Nomad Foods Ltd(NOMD)

upturn advisory logo
EXPLORE ADVISORIES AND THEIR HISTORY
QUALITY SIGNAL RECENCY
1-STAR RATING
Consider higher Upturn Star rating
BUY for 4 days
PROFIT SINCE LAST BUY
+0.08% ▲
LAST CLOSE
$12
10/23/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
  • ALL
  • 1Y
  • 1M
  • 1W
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • PASS (Skip)
Upturn Stock price based on last close iconStock price based on last close
Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Advisory Performance History (Simulated)Advisory Performance History info

Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Upturn Advisory & Investor View for NOMD

10/23/2026: NOMD (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Nomad Foods is a leading European frozen food company known for well-recognized brands like Birds Eye and Findus. The company has a stable position in the consumer staples sector, benefiting from scale and established relationships with major grocery retailers. Its primary growth opportunity lies in operational improvements and selective expansion into healthy or plant-based categories, while its main risks include exposure to volatile commodity costs and intense competition from lower-priced private labels. Currently not paying a dividend, the stock may best suit growth or value-oriented investors who monitor the company's ability to navigate European market trends and maintain margins.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorMixed fitGrowth is moderate and heavily reliant on successful M&A integration.
Momentum investorMixed fitMomentum is conditional on positive price trends and specific market catalysts.
Value investorStrong fitThe stock often trades at a valuation that reflects its steady but slow-growth profile.
Dividend investorWeak fitThe company does not currently pay a dividend, making it unsuitable for income seekers.
Low-risk investorMixed fitWhile consumer staples are generally defensive, the company's leverage and regional concentration add risk.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityMediumThe stock can experience swings based on broader market sentiment toward consumer staples.
Valuation riskLowCurrent valuations generally track historical norms for food packaging companies.
Competition risk (Private label)HighAggressive pricing from grocery-store brands remains a constant threat to market share.
Business qualityMediumThe business has established brand equity but faces persistent cost pressures.
Dividend incomeLow / noneThe absence of a dividend removes this as a source of total return.
Execution riskMediumSuccessfully managing large acquisitions and regional supply chains is critical for profitability.

Price Behavior

Steady Uptrend
PRICE PATH

Steady Uptrend

The stock demonstrates consistent and steady upward price momentum.

Moderately Choppy
PRICE STABILITY

Moderately Choppy

The stock has experienced noticeable price swings while retaining some directional structure.

Analysis of Past Performance

Type Stock
Historic Profit -2.42%
Avg. Invested days 37
Today’s Advisory Consider higher Upturn Star rating
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 4.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 10/23/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
NOMD receives a 3-star rating, supported by solid analyst coverage. The rating is constrained by weak price momentum.

Company Fundamentals

★★★★★
NOMD has moderate overall fundamentals (3 stars), with moderate financial health, soft growth momentum, and strong ownership. In FY2025 versus FY2024, solid cash generation (FCF margin 8.3%) is partially offset by negative earnings growth (-39.8%), slightly negative revenue growth (-2.2%), soft profitability (net margin 4.5%).

Financial Health Rating

★★★★★
NOMD's financial health is supported by solid cash strength, including free-cash-flow generation (8.3% of revenue). Profitability is moderate (3 stars), which helps explain the 3-star overall score.

Growth Momentum Score

★★★★★
NOMD's growth profile is soft, with the least-weak measure being revenue growth at -2.2% FY2025 versus FY2024. By comparison, while earnings growth (-39.8%, negative) and free-cash-flow growth (-29.0%, negative) hold the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 66.2% and approximately 81.3% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 19.27% supports management-shareholder alignment.

Top 5 Institutional Investors

Allspring Global Investments Holdings, LLC 3.79%
Boston Partners Global Investors, Inc 3.75%
Brown Advisory Holdings Inc 2.91%
Massachusetts Financial Services Company 2.86%
Doma Perpetual Capital Management LLC 2.74%

Unit Economics (Per $1K Revenue)

★★★★★
NOMD generates approximately $271 of gross profit, $107 of operating income, and $83 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Soft margins and solid cash conversion support a 3-star rating, while capital efficiency is soft.

Economic Dimensions

★★★★★
Effective Tax Rate: 5.92%

Quantitative Style Profile

★★★★★
NOMD has a liquid, relatively low-volatility profile. Weak momentum is the primary drawback.

Style Classification

Quality Focused

Value-OrientedLow VolatilitySmall / Mid Cap RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.68B USD
Price to earnings Ratio 11.65
1Y Target Price 13.77
Price to earnings Ratio 11.65
1Y Target Price 13.77
Volume (30-day avg) 1.3M shares
Beta 0.73
52 Weeks Range 8.86 - 12.66
Updated Date 10/25/2026
52 Weeks Range 8.86 - 12.66
Updated Date 10/25/2026
Dividends yield (FY) 5.67%
Basic EPS (TTM) 1.03

How Company Makes Money

Business areaWhat it includesRetail investor read
Frozen Food SalesRevenue from Birds Eye, Findus, Goodfella's, and other portfolio brands across Europe.The company makes money by selling essential frozen foods through supermarkets, relying on high-volume consumer demand.
Geographic MarketsOperations spanning primarily the UK, Italy, Germany, and other European nations.Profitability is heavily dependent on consumer economic health in specific European countries.

Analyzing Revenue: Products, Geography and Growth

Revenue by Geography

Geography revenue - Year on Year

Advertisement

Valuation

Trailing PE 11.65
Forward PE 11.14
Enterprise Value 3.84B
Price to Sales(TTM) 0.57
Enterprise Value 3.84B
Price to Sales(TTM) 0.57
Enterprise Value to Revenue 1.13
Enterprise Value to EBITDA 9.45
Shares Outstanding 139.79M
Shares Floating 113.62M
Shares Outstanding 139.79M
Shares Floating 113.62M
Percent Insiders 19.27
Percent Institutions 66.17

Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

Form CRS provides a relationship summary of our automated advisory services, flat subscription fees, and conflicts of interest. Form ADV Part 2A brochure contains complete details on services, billing, and disclosures. If any summary differs from our current regulatory filings, the filed Form ADV controls.