Financials Nomad Foods Limited

Equities

NOMD

VGG6564A1057

Food Processing

Market Closed - Nyse 01:30:02 04/05/2024 am IST 5-day change 1st Jan Change
18.09 USD +0.06% Intraday chart for Nomad Foods Limited -3.21% +6.73%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 3,881 3,713 3,945 2,780 2,562 2,733 - -
Enterprise Value (EV) 1 4,930 5,079 5,918 4,575 2,562 4,387 4,282 4,184
P/E ratio 25.6 x 18.3 x 21.9 x 11.3 x 13.6 x 10.3 x 8.98 x -
Yield - - - - - 3.31% 2.24% 3.54%
Capitalization / Revenue 1.67 x 1.48 x 1.51 x 0.95 x 0.84 x 0.87 x 0.84 x 0.82 x
EV / Revenue 2.12 x 2.02 x 2.27 x 1.56 x 0.84 x 1.39 x 1.32 x 1.26 x
EV / EBITDA 11.4 x 10.9 x 12.2 x 8.72 x 4.79 x 7.82 x 7.27 x 6.95 x
EV / FCF 18.4 x 12.8 x 26.1 x 20.4 x - 16.4 x 13.5 x -
FCF Yield 5.44% 7.84% 3.84% 4.91% - 6.11% 7.39% -
Price to Book 1.53 x 1.79 x 1.73 x - - 1.01 x 0.94 x 0.87 x
Nbr of stocks (in thousands) 1,94,505 1,78,422 1,76,649 1,72,550 1,66,844 1,62,719 - -
Reference price 2 19.95 20.81 22.33 16.11 15.36 16.79 16.79 16.79
Announcement Date 27/02/20 25/02/21 24/02/22 23/02/23 29/02/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,324 2,516 2,607 2,940 3,044 3,146 3,245 3,326
EBITDA 1 432 466.8 486.7 524.4 535 561.2 588.5 602
EBIT 1 363.7 399.2 415.1 435.8 440 444.1 481.2 502.8
Operating Margin 15.65% 15.87% 15.92% 14.82% 14.45% 14.11% 14.83% 15.12%
Earnings before Tax (EBT) 1 210.3 295.5 236.7 321 253.6 338.4 386 -
Net income 1 154 225.2 181 249.8 192.7 267.2 300.4 316
Net margin 6.63% 8.95% 6.94% 8.5% 6.33% 8.49% 9.26% 9.5%
EPS 2 0.7800 1.140 1.020 1.430 1.130 1.630 1.870 -
Free Cash Flow 1 268.1 398.3 227.1 224.7 - 268 316.2 -
FCF margin 11.53% 15.83% 8.71% 7.64% - 8.52% 9.74% -
FCF Conversion (EBITDA) 62.06% 85.33% 46.66% 42.85% - 47.76% 53.73% -
FCF Conversion (Net income) 174.09% 176.87% 125.47% 89.95% - 100.32% 105.25% -
Dividend per Share 2 - - - - - 0.5554 0.3759 0.5949
Announcement Date 27/02/20 25/02/21 24/02/22 23/02/23 29/02/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 599.4 704 732.9 697 759.6 750.2 775.1 745.1 763.5 760.8 794.6 762.1 799.9 788.5 822.5
EBITDA 1 113.2 112.9 131.5 126.7 153.2 113 146.3 132.4 139.7 116.6 131.1 135.1 156 137.9 138.9
EBIT 1 96.1 92 110.3 104.7 130.6 90.2 124 109.1 116.5 90.4 101.9 104.9 123.7 105.1 106.4
Operating Margin 16.03% 13.07% 15.05% 15.02% 17.19% 12.02% 16% 14.64% 15.26% 11.88% 12.83% 13.77% 15.47% 13.33% 12.94%
Earnings before Tax (EBT) 1 65.6 42.3 73 97.3 104.4 46.3 50.6 60.4 96.4 46.2 67.55 69.15 96.6 87.15 90.67
Net income 1 51.7 28.8 56 74.6 82.1 37.1 41.2 49.2 77.6 24.7 58.1 59.3 75.67 64.63 71.33
Net margin 8.63% 4.09% 7.64% 10.7% 10.81% 4.95% 5.32% 6.6% 10.16% 3.25% 7.31% 7.78% 9.46% 8.2% 8.67%
EPS 2 0.2900 0.1600 0.3200 0.4300 0.4700 0.2100 0.2400 0.2800 0.4600 0.1500 0.3467 0.3567 0.5067 0.4233 0.4367
Dividend per Share 2 - - - - - - - - - - 0.1401 0.1401 0.1401 0.1401 0.1444
Announcement Date 04/11/21 24/02/22 11/05/22 10/08/22 31/10/22 23/02/23 10/05/23 09/08/23 09/11/23 29/02/24 - - - - -
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 1,049 1,366 1,973 1,795 - 1,654 1,549 1,452
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.429 x 2.925 x 4.054 x 3.423 x - 2.948 x 2.632 x 2.412 x
Free Cash Flow 1 268 398 227 225 - 268 316 -
ROE (net income / shareholders' equity) 10.2% 11.2% 12.5% 12% - 10.8% 10.9% 10.9%
ROA (Net income/ Total Assets) 4.19% 4.58% 4.71% 4.7% - 4.39% 4.59% 4.64%
Assets 1 3,677 4,920 3,845 5,319 - 6,088 6,549 6,814
Book Value Per Share 2 13.00 11.60 12.90 - - 16.60 17.90 19.40
Cash Flow per Share 2 1.560 2.310 1.720 1.740 - 2.230 2.600 2.690
Capex 1 47.3 58.7 79.2 79.1 - 100 93.3 115
Capex / Sales 2.04% 2.33% 3.04% 2.69% - 3.19% 2.87% 3.45%
Announcement Date 27/02/20 25/02/21 24/02/22 23/02/23 29/02/24 - - -
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
8
Last Close Price
16.79 EUR
Average target price
22.37 EUR
Spread / Average Target
+33.21%
Consensus
  1. Stock Market
  2. Equities
  3. NOMD Stock
  4. Financials Nomad Foods Limited