<- Go home

Added to YB: 2026-02-11

Pitch date: 2026-02-10

NLM.F [bullish]

FRoSTA Aktiengesellschaft

-2.63%

current return

Author Info

Value and Opportunity focuses on slow investing, special situations & the occasional wild punts Sign up for their newsletter.

Company Info

FRoSTA Aktiengesellschaft, together with its subsidiaries, develops, produces, and markets frozen food products in Germany, Poland, Austria, Italy, and Eastern Europe.

Market Cap

EUR 662.2M

Pitch Price

EUR 98.80

Price Target

128.50 (+34%)

Dividend

2.47%

EV/EBITDA

7.18

P/E

N/A

EV/Sales

0.87

Sector

Food Products

Category

value

Show full summary:
Frosta AG - Defining their own Category the Hard Way

NLM.F: German family-owned frozen food co w/ unique 20yr 'additive-free' moat vs competitors like Nomad. Frosta brand growing mid-teens annually, expanding in neighboring countries. 12x 2025 P/E ex-cash vs peers at 17-20x. €128.5 target (+34% upside). Risks: energy costs, raw material prices, succession. Strong ROC, net cash position.

Read full article (11 min)