Nomad Foods Limited (NOMD) AI Stock Analysis

Nomad Foods Limited manufactures, markets, and distributes frozen food products across Europe, operating in markets such as the UK, Italy, Germany, France, Sweden, Austria, Norway, and Spain. Its portfolio includes brands like Birds Eye, Iglo, Findus, Goodfella's, La Cocinera, Ledo, Frikom, San Marco, and Aunt Bessie's. The company provides frozen fish, vegetables, poultry, meat items, and ready-made meals, including fish fingers, coated fish, peas, spinach, nuggets, burgers, noodles, pasta, lasagna, and pancakes. Nomad Foods also offers desserts such as ice creams, alongside soups, pizzas, bakery products, and meat substitutes, distributed directly to supermarkets and food retail chains.

Nomad Foods delivered a 5-year revenue CAGR of 3.8% from FY2020 to FY2025. Annual revenue expanded from $2.61B in FY2021 to a peak of $3.10B in FY2024 before dropping 2.2% to $3.03B in FY2025. Over that period, gross margin narrowed from 28.6% in FY2021 to 27.1% in FY2025, while operating margin declined from 13.1% to 10.7%. Annual net income peaked at $249.8M in FY2022 and landed at $136.7M in FY2025, with EPS at $1.74. For the latest quarter ended June 30, 2026, quarterly revenue fell 3.1% year-over-year and quarterly earnings dropped 6.2% year-over-year, bringing trailing twelve month EPS to $1.03 on $2.96B in revenue.

As of June 30, 2026, Nomad Foods held $273.4M in cash and short-term investments against $2.31B in total debt, resulting in net debt of $2.04B. The current ratio stood at 1.10 and debt-to-equity was 0.92, supported by $2.52B in shareholders' equity and $6.38B in total assets. In FY2025, operating cash flow reached $330.7M and free cash flow was $252.2M. Capital expenditures used $78.5M in FY2025, while the company returned capital through $202.5M in share buybacks and $91.3M in dividends paid, contributing to a 5-year share count reduction of 21.3%.

Nomad Foods trades at a trailing P/E of 11.4x and a forward P/E of 11.1x, both below the median of its US-listed Consumer Defensive peers, which stand at 18.6x and 14.3x, respectively. Its enterprise value to EBITDA is 9.5x, compared to the peer median of 11.7x, while its price-to-sales multiple is 0.6x versus the peer median of 0.7x. The company has an enterprise value of $3.84B and a market cap of $1.64B. Over the past year, the stock returned 3.5%, trailing the S&P 500 (SPY) return of 16.8%, and its 5-year return is -51.4% compared to an 83.0% gain for the index.

Nomad Foods pays a quarterly dividend with an annualized forward payout of $0.68 per share, representing a 5.78% dividend yield. The payout ratio is 40.7%, and the company has paid dividends for 3 consecutive years. Its last ex-dividend date was August 11, 2026.

Wall Street coverage includes 2 Strong Buy, 2 Buy, and 1 Hold ratings, with no Sell or Strong Sell ratings. The mean price target of $13.81 represents a 17.4% upside compared to the last close of $11.76. For the current fiscal year ending December 31, 2026, analysts estimate EPS of $1.44 (down 13.3%) on revenue of $2.97B. For the next fiscal year, 5 analysts project EPS of $1.46 and revenue of $3.01B. Nomad Foods has beaten EPS estimates in 3 of the last 4 quarters, with next earnings scheduled for November 5, 2026.

This page is an AI-written research summary of Nomad Foods Limited (NOMD). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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