| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 94 | 9.9x | 17.8x | Top tier | |
Growth | 12 | — | 7.1% | Bottom tier | |
Quality | 93 | — | 4.5% | Top tier | |
Safety | 41 | 4.7x | 2.6x | Around median | |
Capital Return | 54 | 7.07% | 2.12% | Around median | |
Momentum | 27 | -23.7% | 2.9% | Bottom tier | |
Sentiment | 90 | 4 | 3 | Top tier |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Nomad Foods Limited operates in frozen foods, generating revenue by selling its branded products through retailers in European markets including the United Kingdom, France, and Germany. The company competes with retailers’ private-label products, and management’s commentary indicates that fish and chicken represent a significant portion of cost of goods, with additional inflationary pressures concentrated in fish products. Its ability to improve sales and profitability depends on brand strength, pricing, innovation, marketing, and the efficiency of its sales and production operations.
In fiscal year 2025, Nomad Foods recorded revenue of $3.0 billion and gross profit of $823.0 million, equivalent to a gross margin of approximately 27.4%, as well as net income of $136.7 million and earnings per share of $0.91. In Q4 of fiscal year 2025, revenue reached $773.1 million and gross profit was $197.7 million, with a gross margin of approximately 25.6%, but the company recorded a net loss of $10.7 million. This compares with net income of $57.6 million in Q3 of fiscal year 2025 and $57.1 million in Q2 of fiscal year 2025.
In Q2 of fiscal year 2026, management said that retail disruptions in Germany and France had been resolved except for minor cases, and that improved pricing had restored gross margin growth. However, market share remained below the targeted level, and management expects sales and share to improve during Q3 and Q4 of fiscal year 2026 without specifying when market share neutrality will be restored. The cost mix remains sensitive to fish, while the company is using its productivity program to reduce the need for larger price increases and maintain its competitiveness against private-label products.
Automated analysis for informational purposes only — not investment advice.
The analyst consensus is Buy, with an average price target of $12.5 and a target range between $11 and $14; the average is approximately 19.8% below the 52-week range high of $15.58 and approximately 39.0% above the low of $8.99. The average target equals about 13.7 times fiscal year 2025 earnings per share of $0.91, but the wide target range and Q4 of fiscal year 2025 turning to a loss make market share recovery and margin improvement decisive factors in the revaluation.
Figures in the text are as of 2026-09-01; the live price is shown at the top of the page.
The main drivers are the end of retail disruptions in Germany and France, the return of gross margin growth supported by pricing, and the continuation of the €200 million productivity program. Management expects sales and market share to improve in Q3 and Q4 of fiscal year 2026, but it did not specify when share neutrality would be restored. The market is also awaiting details of the value creation plan for innovation, marketing, sales, and productivity at the analyst day in October 2026.
The company had not restored market share neutrality as of the August 13, 2026 call. Management said retailer disruptions had been a material obstacle and that the main issues in Germany and France had been resolved except for minor cases. It expects better performance in Q3 and Q4 of fiscal year 2026, but believes achieving share neutrality will take longer and did not provide a specific date.
Management said that the improvement in gross margin in Q2 of fiscal year 2026 came primarily from the pricing impact beginning to emerge, rather than from timing differences. Private-label brands also raised prices on certain products by between 20% and 30% in the United Kingdom, by 32% at Carrefour in France, and by approximately 20% across most fish categories at Aldi, Edeka, and Rewe in Germany. However, the company had not determined the impact of demand elasticity as of August 13, 2026 because sell-through data was still being analyzed.
Management confirmed during the Q2 fiscal year 2026 call that the program is proceeding according to plan. Announced measures included restructuring some marketing functions and closing a factory, while nonrecurring spending declined and the remainder was concentrated in productivity programs. The company is using these savings to limit increases in its product price index and address fish inflation with more competitive pricing.
In fiscal year 2025, the company generated revenue of $3.0 billion, gross profit of $823.0 million, and net income of $136.7 million. Earnings per share were $0.91, and the calculated gross margin reached approximately 27.4%. However, Q4 of fiscal year 2025 recorded a net loss of $10.7 million, following a profit of $57.6 million in Q3 of fiscal year 2025.
The main risks are continued market share losses, uncertainty regarding the timing of a return to share neutrality, and the exposure of cost of goods to fish inflation. The impact of price increases on sales volumes was also unclear as of August 13, 2026, while Q4 of fiscal year 2025 recorded a net loss of $10.7 million. In addition, share repurchases were suspended to focus on reducing debt, without the announcement of a target leverage ratio or a specific timeline.
