Is Nomad Foods Ltd. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Nomad Foods Ltd. moved from fair to attractive, indicating a more favorable assessment of its worth. The company is currently considered undervalued, supported by a P/E ratio of 10, an EV to EBITDA of 7.58, and a PEG ratio of 0.45, all of which suggest that the stock is trading at a discount relative to its earnings growth potential. In comparison to peers, Nomad Foods Ltd. has a lower P/E ratio than Ingredion, Inc. at 12.88 and Post Holdings, Inc. at 20.40, reinforcing its attractive valuation.
Despite the positive valuation indicators, Nomad Foods Ltd. has faced significant challenges in its stock performance, with a year-to-date return of -27.18% compared to the S&P 500's 13.30%. This stark contrast highlights the potential for recovery given its attractive valuation metrics amidst a broader market uptrend.