Nomad Foods Limited logo NOMD - Nomad Foods Limited

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 10
HOLD 3
SELL 0
STRONG
SELL
0
| PRICE TARGET: $12.50 DETAILS
HIGH: $14.00
LOW: $11.00
MEDIAN: $12.50
CONSENSUS: $12.50
UPSIDE: 18.65%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Stable Earnings Power 80% confidence

Primary model: P/Adj-EPS × Normalized Multiple

Valuation Signal Undervalued Strong
Trading 44.9% below fair value
Current Price $10.54
Bear Case $15.75 49.5% upside ($15.75 - $10.54) / $10.54 = 49.5% $1.04 × 15x P/E
Fair Value $19.13 81.6% upside ($19.13 - $10.54) / $10.54 = 81.6% $1.04 × 18x P/E
Bull Case $22.50 113.6% upside ($22.50 - $10.54) / $10.54 = 113.6% $1.04 × 22x P/E

Adjust Assumptions

18.4x
1.04$

Key Value Driver

Normalized P/E multiple (18x base case)

Implied Market Multiple 10.1x

Plain-Language Summary

Applying a 18x P/E to adjusted EPS of $1.04, the base-case value is $19.13 per share.

Analyst Consensus (External Reference)

Never blended into the bear/base/bull estimates above -- shown only as an outside comparison.

Average Target (13 analysts) $12.50
Analyst Range $11.00 – $14.00
Divergence from AlphaVal 53%

Warnings

Wall Street's average price target is $12.50 (from 13 analysts). Our estimate is 53% above the consensus -- consider that gap carefully.
Financial statements were converted from EUR into USD using EURUSD at 1.1453 USD per EUR.

Key Risks

  • Growth DCF inappropriate — terminal value assumptions dominate
  • EV/EBITDA misleading for regulated businesses where capex is mandated
  • Regulatory risk is a fat tail not visible in normal multiples