GIS vs NOMD vs AFRI Stock Comparison

General Mills, Nomad Foods and Forafric Global Prices as of Oct 27, 2026 Peers: Industry group
GIS General Mills Inc
$33.47 -0.5% 1M -30.7% 1Y
Market cap
$17.79B
P/E
–
Revenue (TTM)
$18.30B
Div. yield
0.07%
Packaged Foods Consumer Staples
2 wins
NOMD Nomad Foods Ltd
$11.80 +11.1% 1M -0.4% 1Y
Market cap
$1.76B
P/E
12.1x
Revenue (TTM)
$3.46B
Div. yield
0.06%
Packaged Foods Consumer Staples
6 wins
AFRI Forafric Global PLC
$12.51 +14.0% 1M +41.2% 1Y
Market cap
$340.86M
P/E
–
Revenue (TTM)
—
Div. yield
–
Packaged Foods Consumer Staples
3 wins

Head to Head

11 decided of 12

Nomad Foods leads on 6 of the 12 questions below (Nomad Foods 6, Forafric Global 3, General Mills 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionGISNOMDAFRILeader
Larger companyMarket capitalisation $17.79B $1.76B $340.86M GIS
Cheaper on earningsLower P/E, profitable companies only -19.9x 12.1x -22.6x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 10.5x 7.2x — NOMD
Faster revenue growthRevenue growth, trailing twelve months -4.5% +3.6% — NOMD
More profitableNet margin, trailing twelve months -4.9% 4.2% — NOMD
Better return on capitalReturn on invested capital -1.0% 6.2% — NOMD
Less leveragedLower net debt / EBITDA 37.7x 4.8x — NOMD
Higher dividend yieldTrailing dividend yield 0.07% 0.06% 0.00% GIS
Better 1-year returnPrice return, last 12 months -30.7% -0.4% +41.2% AFRI
Better 5-year returnAnnualised price return, 5 years -11.6%/yr -15.4%/yr +4.4%/yr AFRI
Less volatileAnnualised volatility, 1 year 30.2% 32.5% 28.7% AFRI
Higher overall scoreMean of the five percentile scores vs peers 32/100 63/100 — NOMD

Percentile Scorecard

GISNOMDAFRI

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisGISNOMDAFRI
Valuation 40 #27 of 44 91 #5 of 44 7 #41 of 44
Growth 3 #39 of 40 33 #27 of 40 –
Profitability 43 #22 of 38 65 #14 of 38 –
Financial Health 18 #38 of 46 51 #23 of 46 9 #42 of 46
Shareholder Returns 55 #14 of 30 76 #8 of 30 –
Overall 32 63 –
  • GIS ranked among 47 companies in Branded Foods
  • NOMD ranked among 47 companies in Branded Foods
  • AFRI ranked among 47 companies in Branded Foods

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodGISNOMDAFRISPY
1 month -0.5%+11.1%+14.0% -0.2%
3 months -11.1%-3.3%+19.6% +3.9%
6 months -3.7%+21.3%+24.1% +8.2%
Year to date -28.0%-5.7%+13.4% +12.9%
1 year -30.7%-0.4%+41.2% +12.3%
3 years -48.7%-13.2%+16.7% +87.4%
3 years, per year -20.0%-4.6%+5.3% +23.3%
5 years -46.1%-56.6%+23.9% +67.9%
5 years, per year -11.6%-15.4%+4.4% +10.9%
10 years -44.9%-5.4%— +261.1%
10 years, per year -5.8%-0.6%— +13.7%

Risk

MeasureGISNOMDAFRISPY
Volatility, 1Y 30.2%32.5%28.7% 12.7%
Downside volatility, 1Y 30.9%31.6%25.7% 12.7%
Beta vs S&P 500, 1Y -0.38-0.030.34 1.00
Return / volatility, 1Y -1.02-0.011.43 0.97
Max drawdown, 5Y -65.1%-67.4%-41.9% -25.4%
From 52-week high -31.7%-9.5%-2.0% -1.2%
52-week high $49.01$13.04$12.76 $779.14
52-week low $31.66$9.09$8.86 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleGISNOMDAFRI
P/E now vs peer median -20.1xmedian 22.3x 12.2xmedian 22.3x -22.6xmedian 22.3x
P/S now vs peer median 1.0xmedian 0.7x 0.5xmedian 0.7x 1.9xmedian 0.7x
EV/EBITDA now vs peer median 88.8xmedian 12.3x 8.2xmedian 12.3x —median 12.3x
P/FCF now vs peer median 11.6xmedian 13.8x 5.7xmedian 13.8x 758.4xmedian 13.8x
P/B now vs peer median 2.4xmedian 1.5x 0.6xmedian 1.5x 50.6xmedian 1.5x
PEG now vs peer median 0.59median 0.57 -1.15median 0.57 —median 0.57

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsGISNOMDAFRI
Revenue $18.30B $3.46B –
Gross profit $6.15B $930.71M –
Operating income -$206.40M $360.86M –
Net income -$893.70M $145.09M –
Free cash flow $1.55B $292.81M –
EPS (diluted) $-1.66 $0.89 –
Cash & equivalents $433.10M $312.28M $14.31M
Total debt $55.73B $10.21B $298.43M
Shares (diluted) 537.90M 162.22M 26.90M
Enterprise value $15.43B $516.69M $288.47M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricGISNOMDAFRI
P/E -20.1x 12.2x -22.6x
P/FCF 11.6x 5.7x 758.4x
P/Operating cash flow 8.7x 4.4x –
P/S 1.0x 0.5x 1.9x
P/B 2.4x 0.6x 50.6x
P/Tangible book 23.7x 26.2x 224.5x
EV/EBITDA 88.8x 8.2x –
EV/EBIT -150.6x 11.1x –
EV/Revenue 1.7x 1.2x –
EV/FCF 20.1x 13.7x –
EV/Operating cash flow 15.0x 10.4x –
PEG (3Y EPS CAGR) 0.59 -1.15 –

Growth

14 metrics
MetricGISNOMDAFRI
Revenue growth (1Y) -4.5% 3.6% –
Revenue CAGR (3Y) -3.4% 2.9% –
Gross profit growth (1Y) -6.5% -4.1% –
Gross profit CAGR (3Y) -3.6% 1.5% –
Operating income growth (1Y) -104.9% -11.7% –
Operating income CAGR (3Y) -27.3% -0.5% –
Net income growth (1Y) -130.6% -37.2% –
Net income CAGR (3Y) -33.2% -12.7% –
EPS growth (1Y) -130.9% -37.2% –
EPS CAGR (3Y) -33.9% -10.6% –
Operating cash flow growth (1Y) -23.2% -20.0% –
Operating cash flow CAGR (3Y) -9.3% -0.8% –
Free cash flow growth (1Y) -26.3% -26.3% –
Free cash flow CAGR (3Y) -8.6% -1.3% –

Profitability

14 metrics
MetricGISNOMDAFRI
Gross margin 33.6% 26.9% –
EBITDA margin 1.9% 14.1% –
Operating margin -1.1% 10.4% –
Pretax margin -3.8% 4.4% –
Net margin -4.9% 4.2% –
FCF margin 8.5% 8.5% –
Operating cash flow margin 11.3% 11.1% –
Return on equity -12.0% 5.1% –
Return on assets -3.0% 2.0% –
Return on invested capital -1.0% 6.2% –
Return on capital employed -0.9% 6.0% –
Asset turnover 0.6x 0.5x –
Cash conversion (OCF / net income) -2.3x 2.7x –
Stock comp / revenue 0.5% 0.0% –

Financial Health

11 metrics
MetricGISNOMDAFRI
Debt / assets 45.0% 36.2% 30.9%
Debt / equity 1.8x 0.9x 11.5x
Net debt / EBITDA 37.7x 4.8x –
Debt / FCF 8.8x 9.0x –
Liabilities / assets 75.3% 60.5% 97.3%
Equity / assets 24.7% 39.5% 2.7%
Interest coverage – 1.6x –
Current ratio 0.7x 1.1x 0.3x
Quick ratio 0.3x 0.6x 0.2x
Cash ratio 0.1x 0.3x 0.1x
Altman Z-score 1.92 1.17 –

Shareholder Returns

7 metrics
MetricGISNOMDAFRI
Dividend yield 7.3% 5.8% –
Net buyback yield – 8.3% –
Shareholder yield 7.3% 14.0% –
Payout ratio (earnings) -147.1% 67.4% –
Payout ratio (FCF) 85.0% 33.4% –
Dividend growth (1Y) – -2.8% –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusGISNOMDAFRI
Forward P/E 10.5xFY2026 7.2xFY2026 –
EPS, next fiscal year $3.19FY2026 $1.65FY2026 –
EPS growth, next FY -10.1%FY2026 -15.4%FY2026 –
EPS growth, the year after -4.7% -4.2% –
Revenue, next fiscal year $18.94BFY2026 $3.24BFY2026 –
Revenue growth, next FY +2.8%FY2026 -9.0%FY2026 –
Revenue growth, the year after -11.0% +1.5% –

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersGISNOMDAFRI
Held by institutions 87.2% 57.7% 3.5%
Institutions holding 1,331 187 52
Change in shares held, QoQ +3.7% -2.1% +54.3%
Institutions buying 724 99 25
Institutions selling 427 70 16
Buyers to sellers 1.70 1.41 1.56

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

GISNOMDAFRI
GIS 1.00 0.41 0.02
NOMD 0.41 1.00 0.00
AFRI 0.02 0.00 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, GIS, NOMD and AFRI?

General Mills (GIS) is the largest by market capitalisation: General Mills (GIS) $17.79B, Nomad Foods (NOMD) $1.76B, Forafric Global (AFRI) $340.86M.

Which company is growing faster?

Nomad Foods (NOMD) grew revenue fastest over the trailing twelve months: General Mills (GIS) -4.5%, Nomad Foods (NOMD) +3.6%.

Which company is more profitable?

Nomad Foods (NOMD) has the highest net margin (General Mills (GIS) -4.9%, Nomad Foods (NOMD) 4.2%). On return on invested capital, Nomad Foods (NOMD) leads (General Mills (GIS) -1.0%, Nomad Foods (NOMD) 6.2%).

Which stock has performed better?

Over the past year Forafric Global (AFRI) returned the most: General Mills (GIS) -30.7%, Nomad Foods (NOMD) -0.4%, Forafric Global (AFRI) +41.2%. Over five years, Forafric Global (AFRI) compounded fastest (General Mills (GIS) -11.6%/yr, Nomad Foods (NOMD) -15.4%/yr, Forafric Global (AFRI) +4.4%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

General Mills (GIS) has the highest dividend yield: General Mills (GIS) 0.07%, Nomad Foods (NOMD) 0.06%, Forafric Global (AFRI) 0.00%. Forafric Global (AFRI) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Forafric Global (AFRI) has been the steadiest (General Mills (GIS) 30.2%, Nomad Foods (NOMD) 32.5%, Forafric Global (AFRI) 28.7%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, GIS, NOMD and AFRI?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Nomad Foods (NOMD) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.