Nomad Competitors
| NOMD Stock | USD 12.90 0.04 0.31% |
Nomad Foods vs Universal Technical Correlation
Good diversification
The correlation between Nomad Foods and UTI is -0.2 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Nomad Foods and UTI in the same portfolio, assuming nothing else is changed.
Moving together with Nomad Stock
Moving against Nomad Stock
| 0.54 | HFG | Hilton Food Group | PairCorr |
| 0.39 | FRM | Farm Pride Foods | PairCorr |
| 0.38 | 0M7 | COFCO Joycome Foods | PairCorr |
Nomad Foods Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Nomad Foods and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Nomad and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Nomad Foods does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Nomad Stock performing well and Nomad Foods Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Nomad Foods' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| JJSF | 1.42 | 0.01 | (0.03) | 0.04 | 3.33 | 3.08 | 22.01 | |||
| CENT | 1.29 | 0.24 | 0.17 | 0.32 | 1.10 | 3.80 | 11.94 | |||
| SMPL | 1.65 | (0.19) | 0.00 | 42.49 | 0.00 | 3.63 | 12.40 | |||
| FDP | 1.22 | 0.10 | 0.02 | 0.50 | 1.56 | 2.19 | 8.48 | |||
| TPB | 1.48 | 0.47 | 0.24 | 1.03 | 1.33 | 3.95 | 10.86 | |||
| STRA | 1.29 | 0.07 | 0.03 | 0.14 | 2.13 | 2.32 | 14.59 | |||
| WMK | 1.07 | 0.20 | 0.12 | 0.63 | 0.98 | 2.23 | 7.02 | |||
| ANDE | 1.48 | 0.53 | 0.32 | 1.66 | 1.08 | 4.37 | 7.65 | |||
| UTI | 2.40 | (0.26) | 0.00 | (0.05) | 0.00 | 4.73 | 25.18 |
Cross Equities Net Income Analysis
Compare Nomad Foods and related stocks such as J J Snack, Central Garden Pet, and Simply Good Foods Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JJSF | 1.3 M | 54.1 M | 64.4 M | 71.8 M | 70.2 M | 76 M | 79.2 M | 103.6 M | 94.8 M | 18.3 M | 55.6 M | 47.2 M | 78.9 M | 86.6 M | 65.6 M | 75.4 M | 79.2 M |
| CENT | 2.1 M | 21.2 M | (1.9 M) | 8.8 M | 32 M | 44.5 M | 78.8 M | 123.6 M | 92.8 M | 120.7 M | 151.7 M | 152.2 M | 125.6 M | 108 M | 162.8 M | 187.3 M | 196.6 M |
| SMPL | 7.2 M | 7.2 M | 6.2 M | 14 M | (7.9 M) | (192.5 K) | (288.8 K) | 70.5 M | (25.2 M) | 65.6 M | 40.9 M | 108.6 M | 133.6 M | 139.3 M | 103.6 M | (288.8 K) | (274.3 K) |
| FDP | 43.8 M | 92.5 M | 143.2 M | (37.3 M) | 142.4 M | 62.4 M | 225.1 M | 120.8 M | (21.9 M) | 66.5 M | 49.2 M | 80 M | 98.6 M | (11.4 M) | 142.2 M | 128 M | 71.6 M |
| TPB | (34.9 M) | 8.4 M | 400 K | (1.6 M) | (29.4 M) | 16.7 M | 26.9 M | 20.2 M | 25.3 M | 16.2 M | 38.2 M | 52.1 M | 11.6 M | 38.5 M | 39.8 M | 45.8 M | 48.1 M |
| STRA | 14.3 M | 106 M | 65.9 M | 16.4 M | 46.4 M | 40 M | 34.8 M | 20.6 M | (15.7 M) | 81.1 M | 86.3 M | 55.1 M | 46.7 M | 69.8 M | 112.7 M | 129.6 M | 136.1 M |
| WMK | 60.1 M | 75.6 M | 82.5 M | 73.2 M | 54.4 M | 59.3 M | 87.2 M | 98.4 M | 62.7 M | 68 M | 118.9 M | 108.8 M | 125.2 M | 103.8 M | 109.9 M | 126.4 M | 83.4 M |
| ANDE | 9.1 K | 95.1 M | 79.5 M | 89.9 M | 109.7 M | (13.1 M) | 11.6 M | 41.2 M | 41.5 M | 18.3 M | 7.7 M | 104 M | 131.1 M | 101.2 M | 114 M | 131.1 M | 137.7 M |
| UTI | (36.2 M) | 9 M | 3.8 M | 2 M | (9.1 M) | (47.7 M) | (8.1 M) | (32.7 M) | (7.9 M) | 8 M | 14.6 M | 25.8 M | 12.3 M | 42 M | 63 M | 72.5 M | 76.1 M |
Nomad Foods and related stocks such as J J Snack, Central Garden Pet, and Simply Good Foods Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Nomad Foods financial statement analysis. It represents the amount of money remaining after all of Nomad Foods operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Nomad Foods Competitive Analysis
The better you understand Nomad Foods competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Nomad Foods' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Nomad Foods' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Nomad Foods Competition Performance Charts
Five steps to successful analysis of Nomad Foods Competition
Nomad Foods' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Nomad Foods in relation to its competition. Nomad Foods' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Nomad Foods in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Nomad Foods' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Nomad Foods, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out Nomad Foods Correlation with its peers. For information on how to trade Nomad Stock refer to our How to Trade Nomad Stock guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Will Packaged Foods & Meats sector continue expanding? Could Nomad diversify its offerings? Factors like these will boost the valuation of Nomad Foods. Anticipated expansion of Nomad directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Nomad Foods data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.10) | Dividend Share 0.63 | Earnings Share 1.52 | Revenue Per Share | Quarterly Revenue Growth (0.02) |
Nomad Foods's market price often diverges from its book value, the accounting figure shown on Nomad's balance sheet. Smart investors calculate Nomad Foods' intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Nomad Foods' trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
It's important to distinguish between Nomad Foods' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Nomad Foods should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. However, Nomad Foods' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.