Nomad Foods Limited Ordinary Shares (NOMD)

FairStock Score: 52/100 — MIXED

Key Financials

Current Price$12
Market Cap$1.3B
P/E Ratio12
ROE4.89%
Dividend Yield6.38%
SectorConsumer Defensive

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for understandable businesses selling at a discount to intrinsic value, and Nomad Foods fits the first part: it sells frozen fish, vegetables, poultry and meals in the UK and abroad. At the 2026-10-13 close of $11.47, the market cap is $1.3B; FairStock calculations show a P/E of 11.47, P/B of 0.55, and a Graham Number of $20.13, implying a 43.02% margin of safety. TTM free cash flow is $251.4M, an 18.6% FCF yield, and the dividend yield is 6.38%. The Piotroski F-Score is 9/9. Those are attractive value signs. But the business quality is not obviously wonderful: FairStock-calculated ROE is 4.89% and ROCE is 3.76%, while debt/equity is 0.92 and the Altman Z-Score is 0.68, which points to balance-sheet risk. Growth is also weak: the supplied figures show revenue growth of -3.11% and profit growth of -15.06%. In the latest reported quarter, fiscal Q2 2026, revenue was $723.7M and net income was $48.5M, a 6.70% margin. So this looks like a cheap, cash-generative but low-return, leveraged frozen-food company. The 0.67 beta and defensive category may steady demand, but I would want evidence that revenue and profit trends are stabilizing before trusting the apparent discount. The FairStock Score of 52/100 and no Lynch category—only 0 years of filed annual results, need 3—reinforce caution.

In plain English: Nomad Foods makes frozen foods such as fish fingers, vegetables, and poultry, mostly in the UK and other markets. The business is not growing right now: sales and profits are shrinking, the company earns little on its money, and it carries meaningful debt, though it generates strong cash and pays a large dividend. At $11.47, the shares look cheap compared with profits and asset value, but the low price may reflect those operating troubles.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer