Nomad Foods Limited (NOMD): A Bull Case Theory

We came across a bullish thesis on Nomad Foods Limited (NOMD) on Value Investing Subreddit Pafe by Weak-Command-6576. In this article, we will summarize the bulls’ thesis on NOMD. Nomad Foods Limited (NOMD)'s share was trading at $19.62 as of April 17^th. NOMD’s trailing and forward P/E were 12.41 and 11.14 respectively according to Yahoo Finance.

[caption id="attachment_1208688" align="aligncenter" width="768"] An aisle lined with shelves of fresh and frozen foods in a supermarket store.[/caption]

Nomad Foods appears significantly undervalued relative to its historical...