Professional
Added to YB: 2026-01-22
Pitch date: 2026-01-20
NOMD [bullish]
Nomad Foods Limited
-16.2%
current return
Author Info
Nugget Capital Partners is a research analyst specializing in resources w/ focus on energy. Sign up for the newsletter.
Company Info
Nomad Foods Limited, together with its subsidiaries, manufactures, markets, and distributes a range of frozen food products in the United Kingdom and internationally.
Market Cap
$1.2B
Pitch Price
$11.75
Price Target
N/A
Dividend
6.96%
EV/EBITDA
6.19
P/E
9.27
EV/Sales
1.04
Sector
Food Products
Category
value
Why I am adding more Nomad Foods
NOMD (added to position): European frozen food leader trading at 6.4x P/E (50% discount to 5yr avg) & 3.5x EV/EBITDA vs peers at 10x. Aggressive $150M buyback program, 10%+ insider ownership, refinanced debt to 2032. Expects positive EBITDA growth 2026-2028. Ozempic fears overblown in Europe.
Read full article (7 min)