Is Nomad Foods Ltd (NOMD) Halal?

NYSE Consumer Defensive United Kingdom $1.4B
✗ NOT HALAL
Confidence: 90/100
Nomad Foods Ltd (NOMD) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 152.3% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. Nomad Foods Ltd operates in the Consumer Defensive sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 152.3%
/ 30%
21.5%
/ 30%
25.1%
/ 30%
0.2%
/ 5%
✗ NOT HALAL
DJIM 152.3%
/ 33%
21.5%
/ 33%
25.1%
/ 33%
0.2%
/ 5%
✗ NOT HALAL
MSCI 36.2%
/ 33%
5.1%
/ 33%
5.9%
/ 33%
0.2%
/ 5%
✗ NOT HALAL
S&P 152.3%
/ 33%
21.5%
/ 33%
25.1%
/ 33%
0.2%
/ 5%
✗ NOT HALAL
FTSE 36.2%
/ 33%
5.1%
/ 33%
5.9%
/ 50%
0.2%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
9.3
Forward: 5.2
EPS
$1.05
Dividend Yield
698.0%
Payout: 66.5%
P/B Ratio
0.5
EV/EBITDA
6.9
EV: $3.4B
Revenue
$3.0B
Growth: -2.6%
Beta
0.7
Low volatility
Current Ratio
1.1

Profitability

Gross Margin 27.5%
Operating Margin 14.0%
Net Margin 4.5%
Return on Equity (ROE) 5.3%
Return on Assets (ROA) 4.0%

Cash Flow & Balance Sheet

Operating Cash Flow$331M
Free Cash Flow$252M
Total Debt$2.3B
Debt-to-Equity91.8
Current Ratio1.1
Total Assets$6.3B

Price & Trading

Last Close$9.70
50-Day MA$11.46
200-Day MA$13.44
Avg Volume1.9M
Beta0.7
52-Week Range
$9.46
$20.29

About Nomad Foods Ltd (NOMD)

CEO
Mr. Dominic James Brisby
Employees
7,024
Sector
Consumer Defensive
Industry
Packaged Foods
Country
United Kingdom
Exchange
NYSE
Market Cap
$1.4B
Currency
USD

Nomad Foods Limited, together with its subsidiaries, manufactures, markets, and distributes a range of frozen food products in the United Kingdom and internationally. The company 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. It also provides meal products that contain ready-to-cook noodles, pasta, lasagna, pancakes, and other ready-made meals; ice creams, such as in-home and out-of-home ice creams; and other products comprising soups, pizzas, bakery goods, and meat substitutes. The company sells its products to supermarkets and food retail chains primarily under the Birds Eye, Green Cuisine, iglo, Findus, Aunt Bessie's, Goodfella's, Frikom, Ledo, La Cocinera, and Belviva brand names. Nomad Foods Limited was founded in 2014 and is headquartered in Woking, the United Kingdom.

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Frequently Asked Questions

Is Nomad Foods Ltd (NOMD) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Nomad Foods Ltd is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Nomad Foods Ltd's debt ratio?

Nomad Foods Ltd's debt ratio is 152.3% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 36.2%.

What are Nomad Foods Ltd's key financial metrics?

Nomad Foods Ltd has a market capitalization of $1.4B, trailing P/E ratio of 9.3, and revenue of $3.0B. The company maintains a gross margin of 27.5% and a net margin of 4.5%. Return on equity stands at 5.3%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.