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Nomad Foods Limited
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Let's analyse Nomad Foods Limited together

PenkeI guess you are interested in Nomad Foods Limited. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Nomad Foods Limited. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Nomad Foods Limited (30 sec.)










What can you expect buying and holding a share of Nomad Foods Limited? (30 sec.)

How much money do you get?

How much money do you get?
€0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
€15.88
Expected worth in 1 year
€16.80
How sure are you?
66.7%

+ What do you gain per year?

Total Gains per Share
€0.91
Return On Investment
5.4%

For what price can you sell your share?

Current Price per Share
€16.90
Expected price per share
€16.60 - €17.40
How sure are you?
50%

1. Valuation of Nomad Foods Limited (5 min.)




Live pricePrice per Share (EOD)

€16.90

Intrinsic Value Per Share

€26.03 - €30.69

Total Value Per Share

€41.92 - €46.57

2. Growth of Nomad Foods Limited (5 min.)




Is Nomad Foods Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$2.7b$2.6b$128.4m4.6%

How much money is Nomad Foods Limited making?

Current yearPrevious yearGrowGrow %
Making money$51.2m$66.4m-$15.1m-29.6%
Net Profit Margin6.3%8.5%--

How much money comes from the company's main activities?

3. Financial Health of Nomad Foods Limited (5 min.)




4. Comparing to competitors in the Packaged Foods industry (5 min.)




  Industry Rankings (Packaged Foods)  


Richest
#49 / 489

Most Revenue
#130 / 489

Most Profit
#94 / 489

Most Efficient
#144 / 489

What can you expect buying and holding a share of Nomad Foods Limited? (5 min.)

Welcome investor! Nomad Foods Limited's management wants to use your money to grow the business. In return you get a share of Nomad Foods Limited.

What can you expect buying and holding a share of Nomad Foods Limited?

First you should know what it really means to hold a share of Nomad Foods Limited. And how you can make/lose money.

Speculation

The Price per Share of Nomad Foods Limited is €16.90. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Nomad Foods Limited.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Nomad Foods Limited, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is €15.88. Based on the TTM, the Book Value Change Per Share is €0.23 per quarter. Based on the YOY, the Book Value Change Per Share is €0.49 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is €0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Nomad Foods Limited.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps0.161.0%0.311.9%0.382.3%0.321.9%0.321.9%
Usd Book Value Change Per Share-0.05-0.3%0.241.4%0.523.1%0.945.6%0.945.6%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share-0.05-0.3%0.241.4%0.523.1%0.945.6%0.945.6%
Usd Price Per Share15.96-16.65-18.36-20.01-20.01-
Price to Earnings Ratio24.77-15.50-13.17-17.37-17.37-
Price-to-Total Gains Ratio-325.55-529.07-244.36-251.31-251.31-
Price to Book Ratio0.94-1.01-1.20-1.38-1.38-
Price-to-Total Gains Ratio-325.55-529.07-244.36-251.31-251.31-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share17.98498
Number of shares55
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.240.94
Usd Total Gains Per Share0.240.94
Gains per Quarter (55 shares)13.3351.65
Gains per Year (55 shares)53.33206.61
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1053430207197
20107960413404
301601490620611
402132020826818
50267255010331025
60320308012401232
70373361014461439
80427414016531646
90480467018601853
100533520020662060

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%18.00.00.0100.0%18.00.00.0100.0%18.00.00.0100.0%
Book Value Change Per Share3.01.00.075.0%10.02.00.083.3%12.06.00.066.7%12.06.00.066.7%12.06.00.066.7%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.018.00.0%0.00.018.00.0%0.00.018.00.0%
Total Gains per Share3.01.00.075.0%10.02.00.083.3%12.06.00.066.7%12.06.00.066.7%12.06.00.066.7%

Fundamentals of Nomad Foods Limited

About Nomad Foods Limited

Nomad Foods Limited, together with its subsidiaries, manufactures, markets, and distributes a range of frozen food products in the United Kingdom and internationally. The company offers frozen fish products, including fish fingers, coated fish, and natural fish; ready-to-cook vegetable products, such as peas and spinach; and frozen poultry and meat products comprising nuggets, grills, and burgers. It also provides meal products that include ready-to-cook noodles, pasta, lasagna, pancakes, and other ready-made meals; ice creams, such as in-home and out-of-home ice creams; and other products consisting of soups, pizzas, bakery goods, and meat substitutes. The company sells its products to supermarkets and food retail chains primarily under the Birds Eye, Green Cuisine, iglo, Findus, Aunt Bessie's, Goodfella's, Frikom, Ledo, La Cocinera, and Belviva brand names. Nomad Foods Limited was founded in 2014 and is headquartered in Feltham, the United Kingdom.

Fundamental data was last updated by Penke on 2024-04-05 06:51:06.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is fair priced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Nomad Foods Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Nomad Foods Limited earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare Nomad Foods Limited to the Packaged Foods industry mean.
  • A Net Profit Margin of 3.2% means that €0.03 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Nomad Foods Limited:

  • The MRQ is 3.2%. The company is making a profit. +1
  • The TTM is 6.3%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ3.2%TTM6.3%-3.1%
TTM6.3%YOY8.5%-2.2%
TTM6.3%5Y7.7%-1.4%
5Y7.7%10Y7.7%0.0%
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ3.2%2.9%+0.3%
TTM6.3%2.8%+3.5%
YOY8.5%3.0%+5.5%
5Y7.7%3.4%+4.3%
10Y7.7%3.6%+4.1%
1.1.2. Return on Assets

Shows how efficient Nomad Foods Limited is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Nomad Foods Limited to the Packaged Foods industry mean.
  • 0.4% Return on Assets means that Nomad Foods Limited generated €0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Nomad Foods Limited:

  • The MRQ is 0.4%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.8%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.4%TTM0.8%-0.4%
TTM0.8%YOY1.0%-0.2%
TTM0.8%5Y0.9%-0.1%
5Y0.9%10Y0.9%0.0%
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4%1.5%-1.1%
TTM0.8%1.5%-0.7%
YOY1.0%1.5%-0.5%
5Y0.9%1.5%-0.6%
10Y0.9%1.8%-0.9%
1.1.3. Return on Equity

Shows how efficient Nomad Foods Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Nomad Foods Limited to the Packaged Foods industry mean.
  • 1.0% Return on Equity means Nomad Foods Limited generated €0.01 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Nomad Foods Limited:

  • The MRQ is 1.0%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 1.8%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.0%TTM1.8%-0.9%
TTM1.8%YOY2.5%-0.7%
TTM1.8%5Y2.1%-0.3%
5Y2.1%10Y2.1%0.0%
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0%3.2%-2.2%
TTM1.8%3.0%-1.2%
YOY2.5%3.1%-0.6%
5Y2.1%3.1%-1.0%
10Y2.1%3.4%-1.3%

1.2. Operating Efficiency of Nomad Foods Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Nomad Foods Limited is operating .

  • Measures how much profit Nomad Foods Limited makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Nomad Foods Limited to the Packaged Foods industry mean.
  • An Operating Margin of 0.0% means the company generated €0.00  for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Nomad Foods Limited:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM3.5%-3.5%
TTM3.5%YOY14.3%-10.8%
TTM3.5%5Y12.7%-9.2%
5Y12.7%10Y12.7%0.0%
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ-5.0%-5.0%
TTM3.5%3.6%-0.1%
YOY14.3%4.9%+9.4%
5Y12.7%5.2%+7.5%
10Y12.7%5.1%+7.6%
1.2.2. Operating Ratio

Measures how efficient Nomad Foods Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Packaged Foods industry mean).
  • An Operation Ratio of 1.62 means that the operating costs are €1.62 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of Nomad Foods Limited:

  • The MRQ is 1.615. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.582. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.615TTM1.582+0.033
TTM1.582YOY1.578+0.004
TTM1.5825Y1.567+0.015
5Y1.56710Y1.5670.000
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6151.551+0.064
TTM1.5821.511+0.071
YOY1.5781.453+0.125
5Y1.5671.394+0.173
10Y1.5671.257+0.310

1.3. Liquidity of Nomad Foods Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Nomad Foods Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Packaged Foods industry mean).
  • A Current Ratio of 1.13 means the company has €1.13 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of Nomad Foods Limited:

  • The MRQ is 1.133. The company is just able to pay all its short-term debts.
  • The TTM is 1.183. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.133TTM1.183-0.049
TTM1.183YOY1.101+0.082
TTM1.1835Y1.263-0.080
5Y1.26310Y1.2630.000
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1331.561-0.428
TTM1.1831.606-0.423
YOY1.1011.600-0.499
5Y1.2631.638-0.375
10Y1.2631.650-0.387
1.3.2. Quick Ratio

Measures if Nomad Foods Limited is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Nomad Foods Limited to the Packaged Foods industry mean.
  • A Quick Ratio of 0.20 means the company can pay off €0.20 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Nomad Foods Limited:

  • The MRQ is 0.203. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.292. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.203TTM0.292-0.089
TTM0.292YOY0.314-0.022
TTM0.2925Y0.272+0.020
5Y0.27210Y0.2720.000
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2030.554-0.351
TTM0.2920.567-0.275
YOY0.3140.608-0.294
5Y0.2720.704-0.432
10Y0.2720.733-0.461

1.4. Solvency of Nomad Foods Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Nomad Foods Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Nomad Foods Limited to Packaged Foods industry mean.
  • A Debt to Asset Ratio of 0.60 means that Nomad Foods Limited assets are financed with 59.6% credit (debt) and the remaining percentage (100% - 59.6%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Nomad Foods Limited:

  • The MRQ is 0.596. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.588. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.596TTM0.588+0.008
TTM0.588YOY0.604-0.017
TTM0.5885Y0.597-0.009
5Y0.59710Y0.5970.000
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5960.485+0.111
TTM0.5880.490+0.098
YOY0.6040.481+0.123
5Y0.5970.486+0.111
10Y0.5970.493+0.104
1.4.2. Debt to Equity Ratio

Measures if Nomad Foods Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Nomad Foods Limited to the Packaged Foods industry mean.
  • A Debt to Equity ratio of 147.6% means that company has €1.48 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Nomad Foods Limited:

  • The MRQ is 1.476. The company is able to pay all its debts with equity. +1
  • The TTM is 1.426. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.476TTM1.426+0.049
TTM1.426YOY1.531-0.104
TTM1.4265Y1.487-0.060
5Y1.48710Y1.4870.000
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4760.950+0.526
TTM1.4260.960+0.466
YOY1.5310.939+0.592
5Y1.4870.997+0.490
10Y1.4871.076+0.411

2. Market Valuation of Nomad Foods Limited

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every €1 in earnings Nomad Foods Limited generates.

  • Above 15 is considered overpriced but always compare Nomad Foods Limited to the Packaged Foods industry mean.
  • A PE ratio of 24.77 means the investor is paying €24.77 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Nomad Foods Limited:

  • The EOD is 27.910. Based on the earnings, the company is overpriced. -1
  • The MRQ is 24.772. Based on the earnings, the company is fair priced.
  • The TTM is 15.504. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD27.910MRQ24.772+3.138
MRQ24.772TTM15.504+9.269
TTM15.504YOY13.166+2.337
TTM15.5045Y17.366-1.862
5Y17.36610Y17.3660.000
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
EOD27.91013.414+14.496
MRQ24.77212.772+12.000
TTM15.50414.017+1.487
YOY13.16612.714+0.452
5Y17.36616.330+1.036
10Y17.36619.121-1.755
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Nomad Foods Limited:

  • The EOD is 4.347. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 3.858. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 10.615. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD4.347MRQ3.858+0.489
MRQ3.858TTM10.615-6.757
TTM10.615YOY1,602.365-1,591.750
TTM10.6155Y366.316-355.701
5Y366.31610Y366.3160.000
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
EOD4.3473.144+1.203
MRQ3.8582.852+1.006
TTM10.6151.711+8.904
YOY1,602.3650.425+1,601.940
5Y366.3161.378+364.938
10Y366.3161.375+364.941
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Nomad Foods Limited is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Packaged Foods industry mean).
  • A PB ratio of 0.94 means the investor is paying €0.94 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of Nomad Foods Limited:

  • The EOD is 1.064. Based on the equity, the company is underpriced. +1
  • The MRQ is 0.944. Based on the equity, the company is cheap. +2
  • The TTM is 1.010. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.064MRQ0.944+0.120
MRQ0.944TTM1.010-0.066
TTM1.010YOY1.202-0.192
TTM1.0105Y1.378-0.368
5Y1.37810Y1.3780.000
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
EOD1.0641.464-0.400
MRQ0.9441.462-0.518
TTM1.0101.462-0.452
YOY1.2021.760-0.558
5Y1.3781.856-0.478
10Y1.3782.419-1.041
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Nomad Foods Limited compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.0460.228-120%0.490-109%0.882-105%0.882-105%
Book Value Per Share--15.88515.532+2%14.444+10%13.903+14%13.903+14%
Current Ratio--1.1331.183-4%1.101+3%1.263-10%1.263-10%
Debt To Asset Ratio--0.5960.588+1%0.604-1%0.5970%0.5970%
Debt To Equity Ratio--1.4761.426+3%1.531-4%1.487-1%1.487-1%
Dividend Per Share----0%-0%-0%-0%
Eps--0.1510.295-49%0.359-58%0.296-49%0.296-49%
Free Cash Flow Per Share--0.9720.520+87%0.323+201%0.423+130%0.423+130%
Free Cash Flow To Equity Per Share--0.550-0.050+109%0.167+228%0.098+463%0.098+463%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--30.685--------
Intrinsic Value_10Y_min--26.033--------
Intrinsic Value_1Y_max--1.775--------
Intrinsic Value_1Y_min--1.743--------
Intrinsic Value_3Y_max--6.325--------
Intrinsic Value_3Y_min--6.018--------
Intrinsic Value_5Y_max--12.068--------
Intrinsic Value_5Y_min--11.116--------
Market Cap2749951235.200+11%2447507010.0002660943528.650-8%3002234566.475-18%3330286764.189-27%3330286764.189-27%
Net Profit Margin--0.0320.063-49%0.085-62%0.077-58%0.077-58%
Operating Margin---0.035-100%0.143-100%0.127-100%0.127-100%
Operating Ratio--1.6151.582+2%1.578+2%1.567+3%1.567+3%
Pb Ratio1.064+11%0.9441.010-6%1.202-21%1.378-31%1.378-31%
Pe Ratio27.910+11%24.77215.504+60%13.166+88%17.366+43%17.366+43%
Price Per Share16.900+11%15.00015.650-4%17.250-13%18.806-20%18.806-20%
Price To Free Cash Flow Ratio4.347+11%3.85810.615-64%1602.365-100%366.316-99%366.316-99%
Price To Total Gains Ratio-366.787-13%-325.550529.073-162%244.363-233%251.310-230%251.310-230%
Quick Ratio--0.2030.292-31%0.314-35%0.272-25%0.272-25%
Return On Assets--0.0040.008-49%0.010-61%0.009-55%0.009-55%
Return On Equity--0.0100.018-48%0.025-62%0.021-55%0.021-55%
Total Gains Per Share---0.0460.228-120%0.490-109%0.882-105%0.882-105%
Usd Book Value--2758299980.0002803714715.000-2%2675292380.000+3%2610405741.111+6%2610405741.111+6%
Usd Book Value Change Per Share---0.0490.242-120%0.521-109%0.939-105%0.939-105%
Usd Book Value Per Share--16.90516.529+2%15.371+10%14.796+14%14.796+14%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.1610.314-49%0.382-58%0.315-49%0.315-49%
Usd Free Cash Flow--168782120.00092691820.000+82%59781435.000+182%80299802.222+110%80299802.222+110%
Usd Free Cash Flow Per Share--1.0340.554+87%0.343+201%0.450+130%0.450+130%
Usd Free Cash Flow To Equity Per Share--0.585-0.053+109%0.178+228%0.104+463%0.104+463%
Usd Market Cap2926498104.500+11%2604636960.0422831776103.189-8%3194978025.643-18%3544091174.450-27%3544091174.450-27%
Usd Price Per Share17.985+11%15.96316.655-4%18.357-13%20.013-20%20.013-20%
Usd Profit--26285740.00051267835.000-49%66459290.000-60%55214243.333-52%55214243.333-52%
Usd Revenue--809643360.000809989225.0000%782107185.000+4%725748926.667+12%725748926.667+12%
Usd Total Gains Per Share---0.0490.242-120%0.521-109%0.939-105%0.939-105%
 EOD+3 -5MRQTTM+10 -23YOY+15 -185Y+14 -1910Y+14 -19

3.2. Fundamental Score

Let's check the fundamental score of Nomad Foods Limited based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1527.910
Price to Book Ratio (EOD)Between0-11.064
Net Profit Margin (MRQ)Greater than00.032
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.203
Current Ratio (MRQ)Greater than11.133
Debt to Asset Ratio (MRQ)Less than10.596
Debt to Equity Ratio (MRQ)Less than11.476
Return on Equity (MRQ)Greater than0.150.010
Return on Assets (MRQ)Greater than0.050.004
Total3/10 (30.0%)

3.3. Technical Score

Let's check the technical score of Nomad Foods Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5043.823
Ma 20Greater thanMa 5017.415
Ma 50Greater thanMa 10016.988
Ma 100Greater thanMa 20016.162
OpenGreater thanClose16.900
Total3/5 (60.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-12-312023-03-312023-06-302023-09-302023-12-31
Total Other Income Expense Net -23,500-6,600-30,10019,600-10,5002,500-8,00043,90035,900



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in EUR. All numbers in thousands.

Summary
Total Assets6,416,700
Total Liabilities3,824,800
Total Stockholder Equity2,591,900
 As reported
Total Liabilities 3,824,800
Total Stockholder Equity+ 2,591,900
Total Assets = 6,416,700

Assets

Total Assets6,416,700
Total Current Assets1,165,100
Long-term Assets5,251,600
Total Current Assets
Cash And Cash Equivalents 412,700
Net Receivables 208,300
Inventory 446,400
Other Current Assets 500
Total Current Assets  (as reported)1,165,100
Total Current Assets  (calculated)1,067,900
+/- 97,200
Long-term Assets
Property Plant Equipment 563,700
Goodwill 2,105,000
Intangible Assets 2,468,200
Long-term Assets  (as reported)5,251,600
Long-term Assets  (calculated)5,136,900
+/- 114,700

Liabilities & Shareholders' Equity

Total Current Liabilities1,028,000
Long-term Liabilities2,796,800
Total Stockholder Equity2,591,900
Total Current Liabilities
Short Long Term Debt 13,200
Accounts payable 476,100
Other Current Liabilities 12,200
Total Current Liabilities  (as reported)1,028,000
Total Current Liabilities  (calculated)501,500
+/- 526,500
Long-term Liabilities
Long term Debt 2,056,300
Capital Lease Obligations Min Short Term Debt78,800
Long-term Liabilities  (as reported)2,796,800
Long-term Liabilities  (calculated)2,135,100
+/- 661,700
Total Stockholder Equity
Retained Earnings 1,058,000
Total Stockholder Equity (as reported)2,591,900
Total Stockholder Equity (calculated)1,058,000
+/- 1,533,900
Other
Capital Stock1,426,100
Common Stock Shares Outstanding 163,167
Net Debt 1,656,800
Net Invested Capital 4,661,400
Net Working Capital 137,100
Property Plant and Equipment Gross 896,800



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-30
> Total Assets 
5,828,200
5,904,500
5,895,100
5,986,300
5,636,600
5,573,400
5,567,000
5,897,600
6,074,600
6,170,800
6,231,600
6,388,100
6,468,000
6,326,100
6,421,800
6,395,500
6,333,200
6,416,700
6,416,7006,333,2006,395,5006,421,8006,326,1006,468,0006,388,1006,231,6006,170,8006,074,6005,897,6005,567,0005,573,4005,636,6005,986,3005,895,1005,904,5005,828,200
   > Total Current Assets 
1,342,300
1,420,300
1,405,400
1,486,100
1,142,200
967,300
980,100
1,292,400
904,400
929,100
998,100
1,081,500
1,102,100
1,115,300
1,197,600
1,159,800
1,100,700
1,165,100
1,165,1001,100,7001,159,8001,197,6001,115,3001,102,1001,081,500998,100929,100904,4001,292,400980,100967,3001,142,2001,486,1001,405,4001,420,3001,342,300
       Cash And Cash Equivalents 
721,500
826,000
802,600
935,300
552,300
393,100
453,600
772,100
211,600
254,200
255,800
220,700
194,300
369,700
370,900
354,700
305,500
412,700
412,700305,500354,700370,900369,700194,300220,700255,800254,200211,600772,100453,600393,100552,300935,300802,600826,000721,500
       Short-term Investments 
25,000
25,000
25,000
25,100
0
25,000
4,800
0
0
0
0
0
0
0
0
0
0
0
000000000004,80025,000025,10025,00025,00025,000
       Net Receivables 
154,000
198,700
277,800
199,700
203,100
175,800
196,400
166,000
242,200
219,200
288,300
348,300
342,400
250,900
319,000
307,200
301,700
208,300
208,300301,700307,200319,000250,900342,400348,300288,300219,200242,200166,000196,400175,800203,100199,700277,800198,700154,000
       Inventory 
392,300
323,200
263,100
295,000
358,400
343,200
310,500
334,100
427,500
410,600
428,100
472,200
504,500
457,100
493,200
485,500
480,000
446,400
446,400480,000485,500493,200457,100504,500472,200428,100410,600427,500334,100310,500343,200358,400295,000263,100323,200392,300
       Other Current Assets 
35,400
39,300
36,900
31,000
28,400
20,900
14,800
20,200
23,100
29,700
25,900
40,000
60,900
21,700
1,800
12,400
500
500
50050012,4001,80021,70060,90040,00025,90029,70023,10020,20014,80020,90028,40031,00036,90039,30035,400
   > Long-term Assets 
4,485,900
4,484,200
4,489,700
4,500,200
4,494,400
4,606,100
4,586,900
4,605,200
5,170,200
5,241,700
5,233,500
5,306,600
5,365,900
5,210,800
5,224,200
5,235,700
5,232,500
5,251,600
5,251,6005,232,5005,235,7005,224,2005,210,8005,365,9005,306,6005,233,5005,241,7005,170,2004,605,2004,586,9004,606,1004,494,4004,500,2004,489,7004,484,2004,485,900
       Property Plant Equipment 
416,600
422,400
414,300
415,000
415,300
422,200
422,500
424,700
506,300
549,400
543,000
541,500
536,700
542,900
553,300
553,200
552,200
563,700
563,700552,200553,200553,300542,900536,700541,500543,000549,400506,300424,700422,500422,200415,300415,000414,300422,400416,600
       Goodwill 
1,862,900
1,862,900
1,862,400
1,861,900
1,861,800
1,938,000
1,903,400
1,903,400
2,256,000
2,099,400
2,099,400
2,101,500
2,103,100
2,101,600
2,101,200
2,103,000
2,103,300
2,105,000
2,105,0002,103,3002,103,0002,101,2002,101,6002,103,1002,101,5002,099,4002,099,4002,256,0001,903,4001,903,4001,938,0001,861,8001,861,9001,862,4001,862,9001,862,900
       Intangible Assets 
2,082,600
2,083,100
2,087,400
2,086,100
2,085,400
2,114,100
2,150,100
2,150,800
2,274,200
2,455,700
2,457,000
2,460,000
2,464,000
2,457,600
2,457,100
2,459,100
2,461,700
2,468,200
2,468,2002,461,7002,459,1002,457,1002,457,6002,464,0002,460,0002,457,0002,455,7002,274,2002,150,8002,150,1002,114,1002,085,4002,086,1002,087,4002,083,1002,082,600
       Other Assets 
88,300
98,300
90,000
104,600
110,400
114,600
107,400
126,300
133,700
137,200
134,100
203,600
262,100
108,500
0
117,200
0
0
00117,2000108,500262,100203,600134,100137,200133,700126,300107,400114,600110,400104,60090,00098,30088,300
> Total Liabilities 
3,333,700
3,347,800
3,340,300
3,413,200
3,422,800
3,447,300
3,383,600
3,653,000
3,761,800
3,871,800
3,875,700
3,897,700
3,864,900
3,719,900
3,778,200
3,750,700
3,675,200
3,824,800
3,824,8003,675,2003,750,7003,778,2003,719,9003,864,9003,897,7003,875,7003,871,8003,761,8003,653,0003,383,6003,447,3003,422,8003,413,2003,340,3003,347,8003,333,700
   > Total Current Liabilities 
787,800
823,100
839,200
885,100
896,700
916,300
868,100
923,000
909,200
966,200
1,000,200
1,014,700
955,400
940,800
990,400
961,000
932,200
1,028,000
1,028,000932,200961,000990,400940,800955,4001,014,7001,000,200966,200909,200923,000868,100916,300896,700885,100839,200823,100787,800
       Short Long Term Debt 
26,600
10,100
23,600
23,500
23,800
16,500
21,700
21,900
27,400
29,100
29,400
30,200
30,000
22,600
24,300
29,200
20,700
13,200
13,20020,70029,20024,30022,60030,00030,20029,40029,10027,40021,90021,70016,50023,80023,50023,60010,10026,600
       Accounts payable 
502,000
306,500
543,700
569,500
564,800
363,700
628,600
546,500
608,400
413,200
718,900
731,100
667,500
433,300
726,000
712,600
696,000
476,100
476,100696,000712,600726,000433,300667,500731,100718,900413,200608,400546,500628,600363,700564,800569,500543,700306,500502,000
       Other Current Liabilities 
1,500
352,500
271,900
292,100
308,100
361,600
217,800
354,600
273,400
378,900
251,900
253,400
257,900
330,600
4,700
219,200
4,400
12,200
12,2004,400219,2004,700330,600257,900253,400251,900378,900273,400354,600217,800361,600308,100292,100271,900352,5001,500
   > Long-term Liabilities 
2,545,900
2,524,700
2,501,100
2,528,100
2,526,100
2,531,000
2,515,500
2,730,000
2,852,600
2,905,600
2,875,500
2,883,000
2,909,500
2,779,100
2,787,800
2,789,700
2,743,000
2,796,800
2,796,8002,743,0002,789,7002,787,8002,779,1002,909,5002,883,0002,875,5002,905,6002,852,6002,730,0002,515,5002,531,0002,526,1002,528,1002,501,1002,524,7002,545,900
       Long term Debt 
1,870,400
1,757,500
1,863,300
1,840,900
1,807,100
1,682,600
1,770,600
2,100,000
2,179,600
2,198,300
2,212,600
2,254,500
2,310,000
2,142,300
2,138,300
2,141,000
2,140,600
2,056,300
2,056,3002,140,6002,141,0002,138,3002,142,3002,310,0002,254,5002,212,6002,198,3002,179,6002,100,0001,770,6001,682,6001,807,1001,840,9001,863,3001,757,5001,870,400
       Capital Lease Obligations Min Short Term Debt
0
109,000
0
0
0
70,400
0
0
0
80,900
0
0
0
66,600
0
0
0
78,800
78,80000066,60000080,90000070,400000109,0000
       Other Liabilities 
654,700
644,300
617,800
654,900
665,400
705,200
687,500
630,000
628,400
686,700
662,900
628,300
599,500
580,200
0
579,800
0
0
00579,8000580,200599,500628,300662,900686,700628,400630,000687,500705,200665,400654,900617,800644,300654,700
       Long-term Liabilities Other 
0
0
2,400
2,200
2,100
0
2,100
2,100
1,900
1,800
1,600
1,500
1,300
1,100
1,000
800
700
0
07008001,0001,1001,3001,5001,6001,8001,9002,1002,10002,1002,2002,40000
> Total Stockholder Equity
2,495,600
2,557,900
2,554,800
2,573,100
2,213,800
2,126,100
2,183,400
2,244,600
2,312,800
2,299,000
2,355,900
2,490,400
2,603,100
2,606,200
2,643,600
2,644,800
2,658,000
2,591,900
2,591,9002,658,0002,644,8002,643,6002,606,2002,603,1002,490,4002,355,9002,299,0002,312,8002,244,6002,183,4002,126,1002,213,8002,573,1002,554,8002,557,9002,495,600
   Common Stock
2,109,400
2,109,700
2,170,900
2,159,900
1,765,400
1,636,900
1,679,000
1,679,000
1,679,600
1,639,600
1,612,800
1,614,600
1,613,200
1,613,200
0
1,566,800
0
0
001,566,80001,613,2001,613,2001,614,6001,612,8001,639,6001,679,6001,679,0001,679,0001,636,9001,765,4002,159,9002,170,9002,109,7002,109,400
   Retained Earnings Total Equity000000000000000000
   Accumulated Other Comprehensive Income 000000000000000000
   Capital Surplus 000000000000000000
   Treasury Stock000000000000000000
   Other Stockholders Equity 
78,600
79,300
75,700
66,900
54,900
41,500
79,200
88,800
101,800
95,400
104,100
122,200
134,800
95,800
0
105,000
0
0
00105,000095,800134,800122,200104,10095,400101,80088,80079,20041,50054,90066,90075,70079,30078,600



Balance Sheet

Currency in EUR. All numbers in thousands.




Cash Flow

Currency in EUR. All numbers in thousands.




Income Statement

Currency in EUR. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue3,044,500
Cost of Revenue-2,185,800
Gross Profit858,700858,700
 
Operating Income (+$)
Gross Profit858,700
Operating Expense-2,631,600
Operating Income412,900-1,772,900
 
Operating Expense (+$)
Research Development0
Selling General Administrative0
Selling And Marketing Expenses0
Operating Expense2,631,6000
 
Net Interest Income (+$)
Interest Income5,800
Interest Expense-131,900
Other Finance Cost-6,400
Net Interest Income-132,500
 
Pretax Income (+$)
Operating Income412,900
Net Interest Income-132,500
Other Non-Operating Income Expenses0
Income Before Tax (EBT)253,600439,700
EBIT - interestExpense = -131,900
192,700
324,600
Interest Expense131,900
Earnings Before Interest and Taxes (EBIT)0385,500
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax253,600
Tax Provision-60,900
Net Income From Continuing Ops192,700192,700
Net Income192,700
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net-26,800132,500
 

Technical Analysis of Nomad Foods Limited
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Nomad Foods Limited. The general trend of Nomad Foods Limited is BULLISH with 57.1% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Nomad Foods Limited's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (57.1%) Bearish trend (-57.1%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Nomad Foods Limited.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 17.34 < 17.40 < 17.40.

The bearish price targets are: 16.80 > 16.80 > 16.60.

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Nomad Foods Limited Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Nomad Foods Limited. The current mas is .

The long score for the Moving Averages is 11/14.
The longshort score for the Moving Averages is 8/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Nomad Foods Limited Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Nomad Foods Limited. The current macd is -0.03651449.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Nomad Foods Limited price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Nomad Foods Limited. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Nomad Foods Limited price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Nomad Foods Limited Daily Moving Average Convergence/Divergence (MACD) ChartNomad Foods Limited Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Nomad Foods Limited. The current adx is 21.39.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Nomad Foods Limited shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Nomad Foods Limited Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Nomad Foods Limited. The current sar is 17.62.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Nomad Foods Limited Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Nomad Foods Limited. The current rsi is 43.82. The current phase is Correction in bull market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Trending down: The RSI is trending down. -1
Nomad Foods Limited Daily Relative Strength Index (RSI) ChartNomad Foods Limited Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Nomad Foods Limited. The current phase is Oversold in bull market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -6/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Nomad Foods Limited price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Nomad Foods Limited Daily Stochastic Oscillator ChartNomad Foods Limited Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Nomad Foods Limited. The current cci is -105.64102564.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Nomad Foods Limited Daily Commodity Channel Index (CCI) ChartNomad Foods Limited Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Nomad Foods Limited. The current cmo is -22.45581831.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Nomad Foods Limited Daily Chande Momentum Oscillator (CMO) ChartNomad Foods Limited Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Nomad Foods Limited. The current willr is -100.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Nomad Foods Limited Daily Williams %R ChartNomad Foods Limited Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Nomad Foods Limited.

Nomad Foods Limited Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Nomad Foods Limited. The current atr is 0.19889266.

Nomad Foods Limited Daily Average True Range (ATR) ChartNomad Foods Limited Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Nomad Foods Limited. The current obv is -39.

Nomad Foods Limited Daily On-Balance Volume (OBV) ChartNomad Foods Limited Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Nomad Foods Limited. The current mfi is 50.41.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Nomad Foods Limited Daily Money Flow Index (MFI) ChartNomad Foods Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Nomad Foods Limited.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-22 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-23 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-29 00:00:00WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-30 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-01 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-04 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-07 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-08 00:00:00CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-11 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-12 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-14 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-18 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-20 00:00:00SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-21 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-22 00:00:00CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-27 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-28 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-02 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-03 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-04 00:00:00WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-05 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-08 00:00:00ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-09 00:00:00RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-12 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-16 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-17 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-18 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-19 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-23 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-24 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-25 00:00:00SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-26 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-29 00:00:00MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-30 00:00:00CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-31 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-01 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-02 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-05 00:00:00MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-06 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-07 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-09 00:00:00SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-13 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-14 00:00:00CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-15 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-19 00:00:00SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-20 00:00:00ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-21 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-22 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-23 00:00:00MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-26 00:00:00CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-27 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-01 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-04 00:00:00CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-06 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-07 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-08 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-12 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-15 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-19 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-20 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-22 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-26 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-27 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-28 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-02 00:00:00CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-04-03 00:00:00SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-04 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-04-10 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-11 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-12 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-04-15 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).

6.3. Candlestick Patterns

Nomad Foods Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Nomad Foods Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5043.823
Ma 20Greater thanMa 5017.415
Ma 50Greater thanMa 10016.988
Ma 100Greater thanMa 20016.162
OpenGreater thanClose16.900
Total3/5 (60.0%)
Penke

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