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Added to YB: 2026-06-08

Pitch date: 2026-06-04

NOMD [bullish]

Nomad Foods Limited

+20.67%

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

$1.4B

Pitch Price

$9.82

Price Target

N/A

Dividend

5.90%

EV/EBITDA

7.03

P/E

11.18

EV/Sales

1.15

Sector

Food Products

Category

value

Show full summary:
NCP is adding to food stocks - Nomad Foods Limited

NOMD (added to position): European frozen food leader, 1 market share via leading brands. Insiders bought 2.3% recently (already 20%+ owned). Trades <6x P/E, 20%+ implied FCF yield, deep discount to peers (Nestle, Unilever, Frosta). Elevated debt but maturities pushed 4yrs. New CEO; founders (Franklin, Gottesman, Ashken) have M&A track record—takeover candidate.

Read full article (1 min)