Nomad Foods Limited (0NH) - Net Assets
Based on the latest financial reports, Nomad Foods Limited (0NH) has net assets worth €2.55 Billion EUR (≈ $2.99 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€6.31 Billion ≈ $7.38 Billion USD) and total liabilities (€3.76 Billion ≈ $4.39 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore 0NH asset base for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €2.55 Billion |
| % of Total Assets | 40.46% |
| Annual Growth Rate | 4.29% |
| 5-Year Change | 25.23% |
| 10-Year Change | N/A |
| Growth Volatility | 11.49 |
Nomad Foods Limited - Net Assets Trend (2016–2024)
This chart illustrates how Nomad Foods Limited's net assets have evolved over time, based on quarterly financial data. For live valuation and market cap data, see Nomad Foods Limited (0NH) total market value.
Annual Net Assets for Nomad Foods Limited (2016–2024)
The table below shows the annual net assets of Nomad Foods Limited from 2016 to 2024. Explore Nomad Foods Limited cash flow conversion to assess how effectively this company generates cash.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €2.66 Billion ≈ $3.11 Billion |
+2.72% |
| 2023-12-31 | €2.59 Billion ≈ $3.03 Billion |
-0.55% |
| 2022-12-31 | €2.61 Billion ≈ $3.05 Billion |
+13.36% |
| 2021-12-31 | €2.30 Billion ≈ $2.69 Billion |
+8.13% |
| 2020-12-31 | €2.13 Billion ≈ $2.49 Billion |
-16.84% |
| 2019-12-31 | €2.56 Billion ≈ $2.99 Billion |
+24.17% |
| 2018-12-31 | €2.06 Billion ≈ $2.41 Billion |
+11.15% |
| 2017-12-31 | €1.85 Billion ≈ $2.17 Billion |
-2.62% |
| 2016-12-31 | €1.90 Billion ≈ $2.22 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Nomad Foods Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 168450000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €1.20 Billion | 45.05% |
| Other Components | €1.46 Billion | 54.95% |
| Total Equity | €2.66 Billion | 100.00% |
Nomad Foods Limited Competitors by Market Cap
The table below lists competitors of Nomad Foods Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhejiang Dayuan Pumps Ind Co
SHG:603757
|
$1.38 Billion |
|
Nomad Foods Ltd
NYSE:NOMD
|
$1.38 Billion |
|
Thai Union Group PCL
BK:TU
|
$1.38 Billion |
|
Newag S.A.
WAR:NWG
|
$1.38 Billion |
|
361 Degrees International Limited
F:36L
|
$1.38 Billion |
|
Shenzhen Changhong Tech
SHE:300151
|
$1.38 Billion |
|
Faraday Technology Corp
TW:3035
|
$1.38 Billion |
|
Beijing Shunxin Agriculture Co Ltd
SHE:000860
|
$1.38 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nomad Foods Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,591,900,000 to 2,662,500,000, a change of 70,600,000 (2.7%).
- Net income of 227,100,000 contributed positively to equity growth.
- Dividend payments of 89,200,000 reduced retained earnings.
- Share repurchases of 124,500,000 reduced equity.
- Other factors increased equity by 57,200,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €227.10 Million | +8.53% |
| Dividends Paid | €89.20 Million | -3.35% |
| Share Repurchases | €124.50 Million | -4.68% |
| Other Changes | €57.20 Million | +2.15% |
| Total Change | €- | 2.72% |
Book Value vs Market Value Analysis
This analysis compares Nomad Foods Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.47x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.72x to 0.47x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €11.21 | €8.05 | x |
| 2018-12-31 | €11.82 | €8.05 | x |
| 2019-12-31 | €13.15 | €8.05 | x |
| 2020-12-31 | €12.35 | €8.05 | x |
| 2021-12-31 | €13.01 | €8.05 | x |
| 2022-12-31 | €14.97 | €8.05 | x |
| 2023-12-31 | €15.88 | €8.05 | x |
| 2024-12-31 | €17.06 | €8.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nomad Foods Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.53%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.33%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 2.42x
- Recent ROE (8.53%) is above the historical average (7.51%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 1.91% | 1.89% | 0.41x | 2.48x | €-153.85 Million |
| 2017 | 7.37% | 6.98% | 0.43x | 2.48x | €-48.76 Million |
| 2018 | 8.31% | 7.88% | 0.41x | 2.59x | €-34.79 Million |
| 2019 | 6.02% | 6.63% | 0.39x | 2.31x | €-101.79 Million |
| 2020 | 10.59% | 8.95% | 0.45x | 2.62x | €12.59 Million |
| 2021 | 7.87% | 6.94% | 0.42x | 2.68x | €-48.90 Million |
| 2022 | 9.58% | 8.50% | 0.46x | 2.43x | €-10.82 Million |
| 2023 | 7.43% | 6.33% | 0.47x | 2.48x | €-66.49 Million |
| 2024 | 8.53% | 7.33% | 0.48x | 2.42x | €-39.15 Million |
Industry Comparison
This section compares Nomad Foods Limited's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $3,026,048,496
- Average return on equity (ROE) among peers: -36.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nomad Foods Limited (0NH) | €2.55 Billion | 1.91% | 1.47x | $1.38 Billion |
| COFCO Joycome Foods Limited (0M7) | $4.95 Billion | 8.99% | 0.80x | $749.96 Million |
| DaChan Food (Asia) Limited (3DS) | $2.01 Billion | 6.64% | 1.01x | $67.72 Million |
| JATCORP LTD. (3J2) | $8.15 Million | -85.51% | 2.68x | $8.34 Million |
| PSYCHED WELLNESS LTD (5U9) | $7.03 Million | -48.81% | 0.04x | $2.29 Million |
| BOOSH PLANT-BASED BRANDS (77I) | $-3.96 Million | 0.00% | 0.00x | $118.63K |
| ELEMENT NUTR.SCIENCES (93X) | $-4.87 Million | 0.00% | 0.00x | $2.73 Million |
| Danone SA (BSND) | $17.38 Billion | 11.10% | 1.61x | $42.57 Billion |
| China Yurun Food Group Limited (C7Y) | $2.82 Billion | -168.46% | 3.84x | $19.18 Million |
| DAVIDsTEA Inc (DAT) | $67.46 Million | -49.72% | 0.82x | $17.53 Million |
About Nomad Foods Limited
Nomad Foods Limited, together with its subsidiaries, manufactures, markets, and distributes a range of frozen food products in the United Kingdom and internationally. It offers frozen fish products, including fish fingers, coated fish, and natural fish; ready-to-cook vegetable products, such as peas and spinach; and frozen poultry and meat products comprising nuggets, grills, and burgers. The com… Read more