Nomad Foods (STU:0NH) E10: €1.12 (As of Mar. 2026)


STU:0NH Nomad Foods Ltd STU:0NH
60 GF Score
Price €9.70
GF Value €18.05
Valuation Possible Value Trap
! 4 Warning Signs
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What is Nomad Foods E10?

Nomad Foods STU:0NH +4.86% 60 E10 is €1.12 as of Mar. 2026. GuruFocus rates STU:0NH with a GF Score™ of 60/100 and a GF Value™ of €18.05 (Possible Value Trap). The stock has 4 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Nomad Foods's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.200. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.12 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Nomad Foods's average E10 Growth Rate was 62.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

As of today (2026-06-28), Nomad Foods's current stock price is €9.70. Nomad Foods's E10 for the quarter that ended in Mar. 2026 was €1.12. Nomad Foods's Shiller PE Ratio of today is 8.66.

During the past 13 years, the highest Shiller PE Ratio of Nomad Foods was 26.31. The lowest was 7.26. And the median was 20.95.


Nomad Foods  (STU:0NH) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Nomad Foods's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=9.70/1.12
=8.66

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Shiller P/E Ratio of Nomad Foods was 26.31. The lowest was 7.26. And the median was 20.95.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Nomad Foods E10 Related Terms


Nomad Foods E10 Historical Data

* Premium members only.

The historical data trend for Nomad Foods's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nomad Foods E10 Chart

Nomad Foods Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.73 1.08

Nomad Foods Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.74 0.70 0.75 1.08 1.12

STU:0NH vs JJSF, HLF, FLO: E10 Comparison

For the Packaged Foods subindustry, Nomad Foods's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nomad Foods Shiller PE Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nomad Foods's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Nomad Foods's Shiller PE Ratio falls into.


STU:0NH
60GF Score
Nomad Foods Ltd STU:0NH
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nomad Foods E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Nomad Foods's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.2/140.8000*140.8000
=0.200

Current CPI (Mar. 2026) = 140.8000.

Nomad Foods Quarterly Data

per share eps CPI Adj_EPS
201606 -0.040 101.000 -0.056
201609 0.020 101.500 0.028
201612 -0.010 102.200 -0.014
201703 0.260 102.700 0.356
201706 0.110 103.500 0.150
201709 0.240 104.300 0.324
201712 0.160 105.000 0.215
201803 0.360 105.100 0.482
201806 0.180 105.900 0.239
201809 0.210 106.600 0.277
201812 0.230 107.100 0.302
201903 0.130 107.000 0.171
201906 0.240 107.900 0.313
201909 0.200 108.400 0.260
201912 0.210 108.500 0.273
202003 0.230 108.600 0.298
202006 0.320 108.800 0.414
202009 0.290 109.200 0.374
202012 0.300 109.400 0.386
202103 0.280 109.700 0.359
202106 0.290 111.400 0.367
202109 0.290 112.400 0.363
202112 0.160 114.700 0.196
202203 0.320 116.500 0.387
202206 0.430 120.500 0.502
202209 0.470 122.300 0.541
202212 0.210 125.300 0.236
202303 0.240 126.800 0.266
202306 0.280 129.400 0.305
202309 0.460 130.100 0.498
202312 0.160 130.500 0.173
202403 0.210 131.600 0.225
202406 0.430 133.000 0.455
202409 0.440 133.500 0.464
202412 0.320 135.100 0.334
202503 0.210 136.100 0.217
202506 0.370 138.400 0.376
202509 0.390 138.900 0.395
202512 -0.070 139.900 -0.070
202603 0.200 140.800 0.200

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of €1.12 mean?
Nomad Foods (STU:0NH) has a E10 of €1.12 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Nomad Foods and its competitors.
Is Nomad Foods' E10 too high?
Nomad Foods' current E10 is €1.12. Overall, Nomad Foods has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nomad Foods' E10 compare to JJSF and HLF?
Nomad Foods' E10 of €1.12 can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Consumer Packaged Goods company?
A good E10 depends on the Consumer Packaged Goods industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Nomad Foods and its competitors. Nomad Foods's current E10 is €1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nomad Foods stock overvalued right now?
Based on GuruFocus' analysis, Nomad Foods (STU:0NH) is currently considered Possible Value Trap. The stock's GF Value™ is €18.05, compared to a current price of €9.70 — trading 46.3% below its estimated fair value. The current E10 is €1.12. Nomad Foods' overall GF Score™ is 60/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Nomad Foods (STU:0NH), the current E10 is €1.12 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nomad Foods (STU:0NH) Overvalued in 2026?

Based on GuruFocus' analysis, Nomad Foods stock appears to be undervalued. The current stock price of €9.70 is trading 46.3% below its estimated GF Value™ of €18.05. GuruFocus considers Nomad Foods to be Possible Value Trap.

Key valuation signals for STU:0NH:

  • E10: €1.12
  • GF Value™: €18.05 vs. price of €9.70 (46.3% below fair value)
  • GF Score™: 60/100 with 4 warning signs

No single metric tells the full story. See the STU:0NH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nomad Foods Business Description

Address 43 Church Street West, Woking, GBR, GU21 6HT
Nomad Foods Ltd is a packaged foods company that is involved in the business of manufacturing and distributing branded frozen foods in Western Europe. The company manufactures and markets frozen food products such as fish, vegetables, poultry, Ice Cream, and ready meals like pizza. It sells its products through large grocery retailers under the brand Birds Eye in the United Kingdom and Ireland, Findus in Italy, France, Spain, and Iglo in Germany and other continental markets. The company operates through a single segment being Frozen. The majority of the revenue is generated from the United Kingdom.
60GF Score

Get the complete analysis for STU:0NH

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€9.70
Price
€18.05
GF Value