Nomad Foods: Still Cheap At Around 9x Earnings

Company Performance - Shares of Nomad Foods Limited (NYSE: NOMD) have underperformed since mid-2023 despite growing earnings and a valuation of less than 10x EPS [1] Investment Approach - The investment approach favors a long-term, buy-and-hold strategy with a focus on stocks that can sustainably generate high-quality earnings [1] - The investment focus includes dividend and income stocks, primarily in the US, Canadian, and UK markets [1] Analyst Position - The analyst holds a beneficial long position in Nomad Foods Limited (NOMD) through stock ownership, options, or other derivatives [2]