NOMD Stock Analysis
NO
Avoid
Based on Eyestock quantitative analysis, NOMD`s fundamental data and valuation indicate an investment grade of Avoid at the current time.
Rating
To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.
Low score
Upside
To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.
Undervalued
Nomad Foods Ltd. operates as a holding company, which manufactures and sells frozen foods for human consumption. The company is headquartered in Feltham, Middlesex and currently employs 7,535 full-time employees. The company went IPO on 2015-11-26. The Company’s portfolio of food brands within the frozen category includes fish, vegetables, poultry, meats, pizza and ice cream. Its products are sold primarily through grocery retailers under the Birds Eye brand in the United Kingdom and Ireland; Findus in Italy, France, Spain, Sweden, Switzerland and Norway; Iglo in Germany and other continental markets; La Cocinera in Spain, Ledo in south-eastern Europe, and Frikom in Serbia and North Macedonia. Its product offerings include frozen fish products, such as fish fingers, coated fish, natural fish; ready to cook vegetable products, such as peas and spinach, and frozen poultry and meat products, such as nuggets, grills, and burgers. The company also includes a variety of other offerings, such as soups, pizza, bakery goods and meat substitutes. The firm manufactures, sells and distributes a range of branded frozen food products across over 13 European countries.