Nomad Foods Limited
—- Market cap
- —
- Debt
- +$3.58B
- Cash
- −$369.40M
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
Decision snapshot: NOMD stock price vs AIR: inconclusive Relative valuation is incomplete for this pair. Review the available filing metrics before drawing a conclusion.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at AIR's multiple
Needs AIR P/E.
Implied fair value · at NOMD's multiple
Needs NOMD P/E.
Metric by metric
Live quote
Price unavailable
Where each company leads, and how wide the gap is.
Growth lag
Pricing power
Operating leverage
Lower is better
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: NOMD FY 2025 (ended Dec 31, 2025) · AIR FY 2026 (ended May 31, 2026). Fiscal years are not aligned.
Trendline
Six fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Price framework
Discounted free cash flow, then bridged to a per-share price. Same assumptions applied to both companies.
Nomad Foods Limited · implied price per share
Bear
-$20.15
Base
-$23.70
Bull
-$27.26
AAR CORP. · implied price per share
Bear
$28.39
Base
$33.41
Bull
$38.42
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Not enough data to score either balance sheet.
Debt / equity
Total debt against shareholders' equity
—
0.52x
Net debt / EBITDA
Leverage against operating earnings
23.48x
2.09x
Cash and equivalents
Liquid reserves on the balance sheet
$369.40M
$84.00M
Total debt
Interest-bearing obligations outstanding
$3.58B
Comparable set
Where the pair sits against the wider comparable set.
Keep comparing
Open adjacent comparisons from the same industry to pressure-test the read across multiple pairs.
MCCORMICK & CO INC
NOMD vs MKC
TYSON FOODS, INC.
NOMD vs TSN
Post Holdings, Inc.
NOMD vs POST
Kraft Heinz Co
NOMD vs KHC
GENERAL MILLS INC
NOMD vs GIS
HORMEL FOODS CORP /DE/
NOMD vs HRL
TransDigm Group INC
NOMD vs TDG
Spirit AeroSystems Holdings, Inc.
NOMD vs SPR
Howmet Aerospace Inc.
NOMD vs HWM
HEXCEL CORP /DE/
NOMD vs HXL
$894.00M
Live quote
LLM-powered synthesis
An on-demand narrative read of the same deterministic data.
Based on an earlier data snapshot. Review the filing dates below or refresh after signing in.
If you believe NOMD can stabilize growth and gradually de-lever while maintaining its stronger margins versus AIR, then the current valuation discount supports owning NOMD; otherwise, the very high net debt/EBITDA and weak Piotroski score argue for caution despite the low P/E and P/S.
On a P/E basis, NOMD at 10.9x looks far cheaper than AIR at 400.3x, which is why the model produces a very large implied price gap. However, AIR-implied range is extremely wide, and NOMD also trades at a lower P/S than AIR, so the discount is broad-based rather than driven by one metric alone.
Supporting Metrics