Nomad Price To Sales Ratio vs Ptb Ratio Analysis
NOMD Stock | USD 17.77 0.18 1.02% |
Nomad Foods financial indicator trend analysis is infinitely more than just investigating Nomad Foods recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nomad Foods is a good investment. Please check the relationship between Nomad Foods Price To Sales Ratio and its Ptb Ratio accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nomad Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade Nomad Stock refer to our How to Trade Nomad Stock guide.
Price To Sales Ratio vs Ptb Ratio
Price To Sales Ratio vs Ptb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nomad Foods Price To Sales Ratio account and Ptb Ratio. At this time, the significance of the direction appears to have very week relationship.
The correlation between Nomad Foods' Price To Sales Ratio and Ptb Ratio is 0.27. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Nomad Foods, assuming nothing else is changed. The correlation between historical values of Nomad Foods' Price To Sales Ratio and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Nomad Foods are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Price To Sales Ratio i.e., Nomad Foods' Price To Sales Ratio and Ptb Ratio go up and down completely randomly.
Correlation Coefficient | 0.27 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Nomad Foods stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Nomad Foods sales, a figure that is much harder to manipulate than other Nomad Foods multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Most indicators from Nomad Foods' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nomad Foods current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nomad Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade Nomad Stock refer to our How to Trade Nomad Stock guide.At present, Nomad Foods' Enterprise Value Multiple is projected to increase significantly based on the last few years of reporting.
Nomad Foods fundamental ratios Correlations
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Nomad Foods Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nomad Foods fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.9B | 5.6B | 6.2B | 6.3B | 6.4B | 5.1B | |
Other Current Liab | 12.1M | 263.5M | 231.6M | 235.6M | 327.6M | 344.0M | |
Total Current Liabilities | 823.1M | 916.3M | 966.2M | 940.8M | 1.0B | 842.6M | |
Other Liab | 644.3M | 705.2M | 686.5M | 580.2M | 667.2M | 531.9M | |
Accounts Payable | 525.2M | 453.4M | 507M | 496.7M | 476.1M | 445.8M | |
Cash | 826.1M | 393.2M | 254.2M | 369.7M | 413.2M | 355.2M | |
Other Assets | 98.3M | 114.6M | 137.2M | 108.5M | (5.3M) | (5.6M) | |
Long Term Debt | 1.8B | 1.7B | 2.2B | 2.1B | 2.1B | 1.7B | |
Good Will | 1.9B | 1.9B | 2.1B | 2.1B | 2.1B | 1.9B | |
Common Stock Shares Outstanding | 198.4M | 197.9M | 178.1M | 174.3M | 171.2M | 180.4M | |
Inventory | 323.2M | 343.2M | 410.6M | 457.1M | 446.4M | 380.7M | |
Other Current Assets | 35.4M | 73.9M | 96.9M | 93.2M | 98.1M | 103.0M | |
Total Liab | 3.3B | 3.4B | 3.9B | 3.7B | 3.8B | 3.3B | |
Intangible Assets | 2.1B | 2.1B | 2.5B | 2.5B | 2.5B | 2.3B | |
Common Stock | 2.1B | 1.6B | 1.6B | 1.6B | 1.5B | 1.5B | |
Property Plant Equipment | 422.4M | 422.2M | 549.4M | 542.9M | 624.3M | 422.4M | |
Short Long Term Debt Total | 1.9B | 1.8B | 2.2B | 2.2B | 2.1B | 1.6B | |
Total Stockholder Equity | 2.6B | 2.1B | 2.3B | 2.6B | 2.6B | 2.1B | |
Property Plant And Equipment Net | 422.4M | 422.2M | 549.4M | 542.9M | 564.2M | 452.0M | |
Current Deferred Revenue | 258.1M | 211.9M | 237.8M | 189.7M | 218.1M | 123.8M | |
Net Debt | 1.0B | 1.4B | 2.0B | 1.8B | 1.7B | 1.3B | |
Retained Earnings | (11.8M) | 191.6M | 387.4M | 886.6M | 1.1B | 1.1B | |
Non Current Assets Total | 4.5B | 4.6B | 5.2B | 5.2B | 5.3B | 4.8B | |
Non Currrent Assets Other | (8.0) | 1.1M | (4.4K) | 23.3K | 110.8M | 116.3M | |
Cash And Short Term Investments | 851.1M | 418.2M | 254.2M | 369.7M | 413.2M | 343.2M | |
Net Receivables | 206.7M | 141.2M | 182.8M | 211.2M | 304.1M | 178.1M | |
Short Term Investments | 2.1M | 13.4M | 25M | 34M | 30.6M | 41.0M | |
Liabilities And Stockholders Equity | 5.9B | 5.6B | 6.2B | 6.3B | 6.4B | 5.6B | |
Non Current Liabilities Total | 2.5B | 2.5B | 2.9B | 2.8B | 2.8B | 2.4B | |
Other Stockholder Equity | (358.1M) | 1.7B | 1.7B | 1.7B | 1.3M | 1.3M | |
Property Plant And Equipment Gross | 574.3M | 422.2M | 790.8M | 817.8M | 896.8M | 490.0M | |
Total Current Assets | 1.4B | 967.3M | 929.1M | 1.1B | 1.2B | 992.9M | |
Accumulated Other Comprehensive Income | 451.7M | 305.7M | 281.6M | 109.1M | 80.5M | 76.5M | |
Short Term Debt | 27.7M | 33.2M | 29.1M | 25.5M | 34.6M | 32.9M | |
Net Tangible Assets | (1.8B) | (2.2B) | (2.4B) | (2.0B) | (1.8B) | (1.9B) | |
Short Long Term Debt | 10.1M | 16.5M | 29.1M | 3.2M | 13.2M | 12.5M | |
Capital Lease Obligations | 109M | 70.4M | 80.9M | 66.6M | 78.8M | 49.7M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Nomad Foods is a strong investment it is important to analyze Nomad Foods' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nomad Foods' future performance. For an informed investment choice regarding Nomad Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nomad Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade Nomad Stock refer to our How to Trade Nomad Stock guide.You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nomad Foods. If investors know Nomad will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nomad Foods listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.536 | Earnings Share 1.31 | Revenue Per Share 18.544 | Quarterly Revenue Growth 0.011 | Return On Assets 0.0392 |
The market value of Nomad Foods is measured differently than its book value, which is the value of Nomad that is recorded on the company's balance sheet. Investors also form their own opinion of Nomad Foods' value that differs from its market value or its book value, called intrinsic value, which is Nomad Foods' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nomad Foods' market value can be influenced by many factors that don't directly affect Nomad Foods' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nomad Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if Nomad Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. 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.