Nomad Foods (STU:0NH) Interest Coverage: 2.30 (As of Mar. 2026) — 45% Below Median


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 Interest Coverage?

Nomad Foods STU:0NH +4.86% 60 Interest Coverage is 2.30 as of Mar. 2026, which is 45% below its 10-year median of 4.21. 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. Among 1,507 Consumer Packaged Goods companies, Nomad Foods ranks worse than 72.59% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Nomad Foods's Operating Income for the three months ended in Mar. 2026 was €67 Mil. Nomad Foods's Interest Expense for the three months ended in Mar. 2026 was €-29 Mil. Nomad Foods's interest coverage for the quarter that ended in Mar. 2026 was 2.30. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Nomad Foods's Interest Coverage or its related term are showing as below:

STU:0NH' s Interest Coverage Range Over the Past 10 Years
Min: 3.13   Med: 4.21   Max: 6.31
Current: 3.4


STU:0NH's Interest Coverage is ranked worse than
72.59% of 1507 companies
in the Consumer Packaged Goods industry
Industry Median: 8.6 vs STU:0NH: 3.40

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Nomad Foods  (STU:0NH) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Nomad Foods Interest Coverage Related Terms


Nomad Foods Interest Coverage Historical Data

* Premium members only.

The historical data trend for Nomad Foods's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Nomad Foods Interest Coverage Chart

Nomad Foods Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.31 5.13 3.13 3.50 3.54

Nomad Foods Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage 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 2.55 3.36 3.71 4.41 2.30

STU:0NH vs JJSF, FLO, BRBR: Interest Coverage Comparison

For the Packaged Foods subindustry, Nomad Foods's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Nomad Foods's Interest Coverage falls into.


STU:0NH
60GF Score
Nomad Foods Ltd STU:0NH
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Nomad Foods Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Nomad Foods's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Nomad Foods's Interest Expense was €-114 Mil. Its Operating Income was €404 Mil. And its Long-Term Debt & Capital Lease Obligation was €2,259 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*403.8/-114
=3.54

Nomad Foods's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Nomad Foods's Interest Expense was €-29 Mil. Its Operating Income was €67 Mil. And its Long-Term Debt & Capital Lease Obligation was €2,266 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*66.6/-28.9
=2.30

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 2.30 mean?
Nomad Foods (STU:0NH) has a Interest Coverage of 2.30 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Nomad Foods and its competitors. This is 45% below median its historical median of 4.21. Over the past decade, Nomad Foods' Interest Coverage has ranged from 3.13 to 6.31. According to the industry distribution chart, Nomad Foods ranks #1094 out of 1507 companies in the Consumer Packaged Goods industry, placing it in the top 72.6%.
Is Nomad Foods' Interest Coverage too high?
Nomad Foods' current Interest Coverage of 2.30 is 45% below median its 10-year median of 4.21. Over the past 10 years, this metric has ranged from a low of 3.13 to a high of 6.31. The Consumer Packaged Goods industry median Interest Coverage is 8.60. Nomad Foods' value of 2.30 is 73.3% below this industry median. Based on the distribution chart, Nomad Foods ranks #1094 out of 1507 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. 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' Interest Coverage compare to JJSF and FLO?
According to the Consumer Packaged Goods industry distribution chart, Nomad Foods ranks #1094 out of 1507 companies for Interest Coverage. This places Nomad Foods in the lower half of its industry. The industry median Interest Coverage is 8.60. Nomad Foods' value of 2.30 is 73.3% below this benchmark. Historically, Nomad Foods' own Interest Coverage has ranged from 3.13 to 6.31 over the past decade. While the company's 10-year median is 4.21 vs. the industry median of 8.60, Nomad Foods has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Consumer Packaged Goods company?
The median Interest Coverage among Consumer Packaged Goods companies is 8.60, based on 1,507 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nomad Foods's current Interest Coverage of 2.30 is 73.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Nomad Foods and its competitors. For the Consumer Packaged Goods industry, the median Interest Coverage is 8.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nomad Foods's current Interest Coverage is 2.30, which is 45% below median its own 10-year median of 4.21. 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 Interest Coverage is 2.30, which is 45% below median its 10-year median of 4.21 and 73.3% below the Consumer Packaged Goods industry median of 8.60. 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Nomad Foods (STU:0NH), the current Interest Coverage is 2.30 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:

  • Interest Coverage: 2.30 (45% below median its 10-year median of 4.21)
  • GF Value™: €18.05 vs. price of €9.70 (46.3% below fair value)
  • GF Score™: 60/100 with 4 warning signs
  • Industry Position: 73.3% below the Consumer Packaged Goods median (#1094 of 1507)

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

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

€9.70
Price
€18.05
GF Value