NOMD vs HRL vs GIS Stock Comparison

Nomad Foods, Hormel Foods and General Mills Prices as of Oct 28, 2026 Peers: Industry group
NOMD Nomad Foods Ltd
$11.78 +10.6% 1M +0.3% 1Y
Market cap
$1.68B
P/E
12.2x
Revenue (TTM)
$3.46B
Div. yield
5.77%
Packaged Foods Consumer Staples
7 wins
HRL Hormel Foods Corp /De/
$20.62 +3.3% 1M -12.8% 1Y
Market cap
$11.35B
P/E
33.1x
Revenue (TTM)
$12.15B
Div. yield
5.64%
Packaged Foods Consumer Staples
2 wins
GIS General Mills Inc
$33.06 -1.6% 1M -31.2% 1Y
Market cap
$17.68B
P/E
–
Revenue (TTM)
$18.30B
Div. yield
7.38%
Packaged Foods Consumer Staples
3 wins

Head to Head

12 decided of 12

Nomad Foods leads on 7 of the 12 questions below (Nomad Foods 7, General Mills 3, Hormel Foods 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionNOMDHRLGISLeader
Larger companyMarket capitalisation $1.68B $11.35B $17.68B GIS
Cheaper on earningsLower P/E, profitable companies only 12.2x 33.1x -19.9x NOMD
Cheaper on forward earningsLower price / next fiscal year consensus EPS 7.1x 14.7x 10.4x NOMD
Faster revenue growthRevenue growth, trailing twelve months +3.6% +0.7% -4.5% NOMD
More profitableNet margin, trailing twelve months 4.2% 2.8% -4.9% NOMD
Better return on capitalReturn on invested capital 6.2% 3.5% -1.0% NOMD
Less leveragedLower net debt / EBITDA 4.8x 1.8x 37.7x HRL
Higher dividend yieldTrailing dividend yield 5.77% 5.64% 7.38% GIS
Better 1-year returnPrice return, last 12 months +0.3% -12.8% -31.2% NOMD
Better 5-year returnAnnualised price return, 5 years -15.4%/yr -13.4%/yr -11.8%/yr GIS
Less volatileAnnualised volatility, 1 year 32.5% 30.0% 30.2% HRL
Higher overall scoreMean of the five percentile scores vs peers 64/100 50/100 32/100 NOMD

Percentile Scorecard

NOMDHRLGIS

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

AxisNOMDHRLGIS
Valuation 91 #5 of 45 68 #15 of 45 41 #27 of 45
Growth 39 #26 of 42 27 #31 of 42 2 #41 of 42
Profitability 67 #14 of 40 49 #21 of 40 46 #22 of 40
Financial Health 50 #24 of 47 74 #13 of 47 17 #39 of 47
Shareholder Returns 73 #9 of 31 30 #22 of 31 53 #15 of 31
Overall 64 50 32
  • NOMD ranked among 48 companies in Branded Foods
  • HRL ranked among 48 companies in Branded Foods
  • GIS ranked among 48 companies in Branded Foods

Price Performance

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

Returns

PeriodNOMDHRLGISSPY
1 month +10.6%+3.3%-1.6% +0.9%
3 months -7.2%-20.1%-12.8% +5.9%
6 months +23.1%-1.2%-4.1% +8.5%
Year to date -5.8%-13.0%-28.9% +13.3%
1 year +0.3%-12.8%-31.2% +12.4%
3 years -13.4%-34.3%-49.4% +88.1%
3 years, per year -4.7%-13.1%-20.3% +23.5%
5 years -56.7%-51.3%-46.5% +68.2%
5 years, per year -15.4%-13.4%-11.8% +11.0%
10 years -4.2%-46.0%-46.4% +263.4%
10 years, per year -0.4%-6.0%-6.0% +13.8%

Risk

MeasureNOMDHRLGISSPY
Volatility, 1Y 32.5%30.0%30.2% 12.7%
Downside volatility, 1Y 31.5%29.8%31.0% 12.7%
Beta vs S&P 500, 1Y -0.03-0.18-0.38 1.00
Return / volatility, 1Y 0.01-0.43-1.03 0.98
Max drawdown, 5Y -67.4%-65.0%-65.1% -25.4%
From 52-week high -9.7%-22.2%-32.5% -0.9%
52-week high $13.04$26.51$49.01 $779.14
52-week low $9.09$19.20$31.66 $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.

MultipleNOMDHRLGIS
P/E now vs peer median 12.2xmedian 22.2x 33.1xmedian 22.2x -19.9xmedian 22.2x
P/S now vs peer median 0.5xmedian 0.7x 0.9xmedian 0.7x 1.0xmedian 0.7x
EV/EBITDA now vs peer median 8.2xmedian 12.2x 12.4xmedian 12.2x 88.2xmedian 12.2x
P/FCF now vs peer median 5.7xmedian 13.4x 14.5xmedian 13.4x 11.4xmedian 13.4x
P/B now vs peer median 0.6xmedian 1.6x 1.4xmedian 1.6x 2.4xmedian 1.6x
PEG now vs peer median -1.14median 0.56 -1.23median 0.56 0.59median 0.56

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 monthsNOMDHRLGIS
Revenue $3.46B $12.15B $18.30B
Gross profit $930.71M $1.90B $6.15B
Operating income $360.86M $573.89M -$206.40M
Net income $145.09M $342.71M -$893.70M
Free cash flow $292.81M $780.87M $1.55B
EPS (diluted) $0.89 $0.62 $-1.66
Cash & equivalents $312.28M $839.64M $433.10M
Total debt $10.21B $2.86B $55.73B
Shares (diluted) 162.22M 551.07M 537.90M
Enterprise value $433.09M $8.03B $15.33B

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
MetricNOMDHRLGIS
P/E 12.2x 33.1x -19.9x
P/FCF 5.7x 14.5x 11.4x
P/Operating cash flow 4.4x 10.4x 8.6x
P/S 0.5x 0.9x 1.0x
P/B 0.6x 1.4x 2.4x
P/Tangible book 26.1x 1.8x 23.5x
EV/EBITDA 8.2x 12.4x 88.2x
EV/EBIT 11.1x 23.2x -149.5x
EV/Revenue 1.2x 1.1x 1.7x
EV/FCF 13.7x 17.1x 20.0x
EV/Operating cash flow 10.4x 12.2x 14.9x
PEG (3Y EPS CAGR) -1.14 -1.23 0.59

Growth

14 metrics
MetricNOMDHRLGIS
Revenue growth (1Y) 3.6% 0.7% -4.5%
Revenue CAGR (3Y) 2.9% -0.1% -3.4%
Gross profit growth (1Y) -4.1% -3.2% -6.5%
Gross profit CAGR (3Y) 1.5% -2.5% -3.6%
Operating income growth (1Y) -11.7% -43.2% -104.9%
Operating income CAGR (3Y) -0.5% -21.1% -27.3%
Net income growth (1Y) -37.2% -54.6% -130.6%
Net income CAGR (3Y) -12.7% -26.9% -33.2%
EPS growth (1Y) -37.2% -54.6% -130.9%
EPS CAGR (3Y) -10.6% -27.0% -33.9%
Operating cash flow growth (1Y) -20.0% 17.3% -23.2%
Operating cash flow CAGR (3Y) -0.8% -0.3% -9.3%
Free cash flow growth (1Y) -26.3% 24.4% -26.3%
Free cash flow CAGR (3Y) -1.3% -2.5% -8.6%

Profitability

14 metrics
MetricNOMDHRLGIS
Gross margin 26.9% 15.7% 33.6%
EBITDA margin 14.1% 8.9% 1.9%
Operating margin 10.4% 4.7% -1.1%
Pretax margin 4.4% 4.3% -3.8%
Net margin 4.2% 2.8% -4.9%
FCF margin 8.5% 6.4% 8.5%
Operating cash flow margin 11.1% 9.0% 11.3%
Return on equity 5.1% 4.3% -12.0%
Return on assets 2.0% 2.6% -3.0%
Return on invested capital 6.2% 3.5% -1.0%
Return on capital employed 6.0% 5.0% -0.9%
Asset turnover 0.5x 0.9x 0.6x
Cash conversion (OCF / net income) 2.7x 3.2x -2.3x
Stock comp / revenue 0.0% 0.2% 0.5%

Financial Health

11 metrics
MetricNOMDHRLGIS
Debt / assets 36.2% 21.5% 45.0%
Debt / equity 0.9x 0.4x 1.8x
Net debt / EBITDA 4.8x 1.8x 37.7x
Debt / FCF 9.0x 3.7x 8.8x
Liabilities / assets 60.5% 40.9% 75.3%
Equity / assets 39.5% 59.1% 24.7%
Interest coverage 1.6x 7.3x –
Current ratio 1.1x 1.9x 0.7x
Quick ratio 0.6x 0.9x 0.3x
Cash ratio 0.3x 0.5x 0.1x
Altman Z-score 1.17 3.24 1.92

Shareholder Returns

7 metrics
MetricNOMDHRLGIS
Dividend yield 5.8% 5.6% 7.4%
Net buyback yield 8.3% – –
Shareholder yield 14.0% 5.6% 7.4%
Payout ratio (earnings) 67.4% 187.0% -147.1%
Payout ratio (FCF) 33.4% 82.1% 85.0%
Dividend growth (1Y) -2.8% 1.9% –
Dividend CAGR (3Y) – 3.1% –

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.

ConsensusNOMDHRLGIS
Forward P/E 7.1xFY2026 14.7xFY2026 10.4xFY2026
EPS, next fiscal year $1.65FY2026 $1.40FY2026 $3.19FY2026
EPS growth, next FY -15.4%FY2026 +2.2%FY2026 -10.1%FY2026
EPS growth, the year after -4.2% +17.9% -4.7%
Revenue, next fiscal year $3.24BFY2026 $11.68BFY2026 $18.94BFY2026
Revenue growth, next FY -9.0%FY2026 -3.5%FY2026 +2.8%FY2026
Revenue growth, the year after +1.5% +2.2% -11.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersNOMDHRLGIS
Held by institutions 57.7% 43.8% 87.2%
Institutions holding 187 622 1,332
Change in shares held, QoQ -2.1% -4.0% +3.7%
Institutions buying 99 323 725
Institutions selling 70 230 427
Buyers to sellers 1.41 1.40 1.70

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.

NOMDHRLGIS
NOMD 1.00 0.29 0.41
HRL 0.29 1.00 0.44
GIS 0.41 0.44 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, NOMD, HRL and GIS?

General Mills (GIS) is the largest by market capitalisation: Nomad Foods (NOMD) $1.68B, Hormel Foods (HRL) $11.35B, General Mills (GIS) $17.68B.

Which stock is cheaper, NOMD, HRL and GIS?

Nomad Foods (NOMD) trades on the lowest price-to-earnings ratio (Nomad Foods (NOMD) 12.2x, Hormel Foods (HRL) 33.1x, General Mills (GIS) -19.9x). On next year's consensus earnings, Nomad Foods (NOMD) is cheapest (Nomad Foods (NOMD) 7.1x, Hormel Foods (HRL) 14.7x, General Mills (GIS) 10.4x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Nomad Foods (NOMD) grew revenue fastest over the trailing twelve months: Nomad Foods (NOMD) +3.6%, Hormel Foods (HRL) +0.7%, General Mills (GIS) -4.5%.

Which company is more profitable?

Nomad Foods (NOMD) has the highest net margin (Nomad Foods (NOMD) 4.2%, Hormel Foods (HRL) 2.8%, General Mills (GIS) -4.9%). On return on invested capital, Nomad Foods (NOMD) leads (Nomad Foods (NOMD) 6.2%, Hormel Foods (HRL) 3.5%, General Mills (GIS) -1.0%).

Which stock has performed better?

Over the past year Nomad Foods (NOMD) returned the most: Nomad Foods (NOMD) +0.3%, Hormel Foods (HRL) -12.8%, General Mills (GIS) -31.2%. Over five years, General Mills (GIS) compounded fastest (Nomad Foods (NOMD) -15.4%/yr, Hormel Foods (HRL) -13.4%/yr, General Mills (GIS) -11.8%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

General Mills (GIS) has the highest dividend yield: Nomad Foods (NOMD) 5.77%, Hormel Foods (HRL) 5.64%, General Mills (GIS) 7.38%.

Which stock is riskier?

By one-year price volatility, Hormel Foods (HRL) has been the steadiest (Nomad Foods (NOMD) 32.5%, Hormel Foods (HRL) 30.0%, General Mills (GIS) 30.2%). Volatility measures how widely the price swings, not the risk of the business.

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

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 7. 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.