GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nomad Foods Ltd (NYSE:NOMD) » Definitions » EV-to-EBIT

Nomad Foods (Nomad Foods) EV-to-EBIT

: 11.22 (As of Today)
View and export this data going back to 2016. Start your Free Trial

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Nomad Foods's Enterprise Value is $4,837 Mil. Nomad Foods's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $431 Mil. Therefore, Nomad Foods's EV-to-EBIT for today is 11.22.

The historical rank and industry rank for Nomad Foods's EV-to-EBIT or its related term are showing as below:

NOMD' s EV-to-EBIT Range Over the Past 10 Years
Min: -9.19   Med: 15.56   Max: 59.51
Current: 11.22

During the past 11 years, the highest EV-to-EBIT of Nomad Foods was 59.51. The lowest was -9.19. And the median was 15.56.

NOMD's EV-to-EBIT is ranked better than
60.59% of 1459 companies
in the Consumer Packaged Goods industry
Industry Median: 13.93 vs NOMD: 11.22

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Nomad Foods's Enterprise Value for the quarter that ended in Dec. 2023 was $4,658 Mil. Nomad Foods's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $431 Mil. Nomad Foods's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 9.25%.


Nomad Foods EV-to-EBIT Historical Data

The historical data trend for Nomad Foods's EV-to-EBIT 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.

* Premium members only.

Nomad Foods Annual Data
Trend Dec14 Mar15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.96 13.75 19.81 11.47 11.08

Nomad Foods Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT 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 Premium Member Only Premium Member Only Premium Member Only 11.47 12.50 12.48 11.05 11.08

Competitive Comparison

For the Packaged Foods subindustry, Nomad Foods's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nomad Foods's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Nomad Foods's EV-to-EBIT falls into.



Nomad Foods EV-to-EBIT Calculation

Nomad Foods's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=4837.043/430.954
=11.22

Nomad Foods's current Enterprise Value is $4,837 Mil.
Nomad Foods's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $431 Mil.

* 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  (NYSE:NOMD) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Nomad Foods's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=430.954/4658.37365
=9.25 %

Nomad Foods's Enterprise Value for the quarter that ended in Dec. 2023 was $4,658 Mil.
Nomad Foods's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $431 Mil.

* 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 EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Nomad Foods's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Nomad Foods (Nomad Foods) Business Description

Traded in Other Exchanges
Address
No. 1 New Square, Bedfont Lakes Business Park, Feltham, Middlesex, GBR, TW14 8HA
Nomad Foods Ltd is a packaged foods company that is involved in the business of manufacturing and distribution of branded frozen foods in Western Europe. The company manufactures and markets frozen food products such as fish, vegetables, poultry, and ready meals. It sells its products primarily through large grocery retailers under the brand Birds Eye in the United Kingdom and Ireland, Findus in Italy, France, Spain, and Scandinavia, 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.