Nomad Foods Return On Equity vs. Number Of Shares Shorted
| NOMD Stock | USD 18.09 0.13 0.72% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.07428576 | Current Value 0.078 | Quarterly Volatility 0.31642238 |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.32 | 0.282 |
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For Nomad Foods profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nomad Foods to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nomad Foods utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nomad Foods's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nomad Foods over time as well as its relative position and ranking within its peers.
Nomad |
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 1.3 | 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.
Nomad Foods Number Of Shares Shorted vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Nomad Foods's current stock value. Our valuation model uses many indicators to compare Nomad Foods value to that of its competitors to determine the firm's financial worth. Nomad Foods is rated below average in return on equity category among its peers. It is regarded third in number of shares shorted category among its peers making about 21,803,312 of Number Of Shares Shorted per Return On Equity. At present, Nomad Foods' Return On Equity is projected to increase slightly based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value Nomad Foods by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Nomad Number Of Shares Shorted vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Nomad Foods |
| = | 0.0782 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
Nomad Foods |
| = | 1.71 M |
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
Nomad Number Of Shares Shorted Comparison
Nomad Foods is currently under evaluation in number of shares shorted category among its peers.
Nomad Foods Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Nomad Foods, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nomad Foods will eventually generate negative long term returns. The profitability progress is the general direction of Nomad Foods' change in net profit over the period of time. It can combine multiple indicators of Nomad Foods, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 80.5 M | 76.5 M | |
| Operating Income | 408.3 M | 208.5 M | |
| Income Before Tax | 253.6 M | 266.3 M | |
| Total Other Income Expense Net | -154.7 M | -147 M | |
| Net Income | 188.8 M | 198.2 M | |
| Income Tax Expense | 60.9 M | 36.9 M | |
| Net Income From Continuing Ops | 192.7 M | 202.3 M | |
| Net Income Applicable To Common Shares | 287.3 M | 301.6 M | |
| Interest Income | 5.8 M | 4.4 M | |
| Net Interest Income | -132.5 M | -139.1 M | |
| Change To Netincome | 53.5 M | 50.9 M | |
| Net Income Per Share | 1.13 | 1.19 | |
| Income Quality | 2.28 | 2.40 | |
| Net Income Per E B T | 0.76 | 0.85 |
Nomad Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Nomad Foods. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Nomad Foods position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Nomad Foods' important profitability drivers and their relationship over time.
Use Nomad Foods in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nomad Foods position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nomad Foods will appreciate offsetting losses from the drop in the long position's value.Nomad Foods Pair Trading
Nomad Foods Pair Trading Analysis
The ability to find closely correlated positions to Nomad Foods could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nomad Foods when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nomad Foods - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nomad Foods to buy it.
The correlation of Nomad Foods is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nomad Foods moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nomad Foods moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Nomad Foods can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Nomad Foods position
In addition to having Nomad Foods in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Global Macro ETFs theme has 26 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Global Macro ETFs Theme or any other thematic opportunities.
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Check out Correlation Analysis. For information on how to trade Nomad Stock refer to our How to Trade Nomad Stock guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
To fully project Nomad Foods' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Nomad Foods at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Nomad Foods' income statement, its balance sheet, and the statement of cash flows.