On June 30 2023, NOMAD FOODS ($NYSE:NOMD) reported total revenue of EUR 745.1 million for FY2023 Q2, an increase of 6.9% year-over-year. However, their net income was EUR 49.2 million, a decrease of 34.0% from the prior year.
Analysis – Nomad Foods Intrinsic Value Calculator
GoodWhale recently conducted an analysis of NOMAD FOODS‘s fundamentals and the results are now available. According to GoodWhale’s proprietary Valuation Line, the intrinsic value of NOMAD FOODS shares is estimated to be around $25.5. The current share price is $18.1, which is 28.9% lower than its intrinsic value, making NOMAD FOODS stock an attractive investment opportunity right now. Investors should take a closer look at the company and consider investing in it if they’re looking for strong returns on their investments. More…
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About the Company
Ownership (Institutional/ Fund Holdings)
Below shows the total revenue, net income and net margin for Nomad Foods. More…
Income Statement Reports (Yearly/ Quarterly/ LTM)
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Nomad Foods. More…
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Cash Flow Supplement
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Nomad Foods. More…
Balance Sheet (Yearly/ Quarterly)
Balance Sheet Supplement
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Key Ratios Snapshot
Some of the financial key ratios for Nomad Foods are shown below. More…
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The company has a strong presence in Europe and the United States. Nomad Foods Ltd is a publicly traded company listed on the London Stock Exchange. The company’s market capitalization is over £2 billion. Nomad Foods Ltd is a food company that is engaged in the manufacture and supply of frozen foods. The company operates in two segments: Europe and United States. The company has a strong presence in both the European and American markets.
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NOMAD FOODS released their earnings for FY2023 Q2, with total revenue of EUR 745.1 million, an increase of 6.9% from the same period last year.
However, their net income decreased by 34%, coming to EUR 49.2 million. Investors can take this as an opportunity to review their portfolios and consider if NOMAD FOODS is an ideal stock to invest in. Although there has been some slight growth in revenue, the dip in profit could be concerning. It is important to look at the current market and competitor’s data to make informed decisions on investing in NOMAD FOODS.