Added to YB: 2026-02-06
Pitch date: 2026-02-04
NOMD [bullish]
Nomad Foods Limited
-18.97%
current return
Author Info
@ArmsGarrett is a a research analyst and portfolio manager whoe stock pitches on Twitter. Follow on Twitter
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
$1.3B
Pitch Price
$12.60
Price Target
30.00 (+194%)
Dividend
6.52%
EV/EBITDA
6.72
P/E
9.99
EV/Sales
N/A
Sector
Food Products
Category
value
Nomad Foods is a long @ $12.50.
NOMD: Frozen food leader in W.Europe trading at 6.5x EV/EBITDA (vs 14x peak), 60% below 2021 highs after 3Qs negative organic growth. Mgmt sees growth recovery in 2026, taking pricing early-year. FCF yield high-teens, can generate 55% of market cap in cash by 2029. Aggressive buybacks planned (14% historical precedent). $30 price target.
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