I'm not confused about hot pockets being the same as honest meat pies. Insofar as they're even in the same category, hot pockets are a pretty sad alternative.

My point was that their nutritional value rests on the same qualities as any other food. Overabundance or lack of certain nutrients. Say lack of fibre, or too much saturated fat.

Excepting certain unequivocally harmful ingredients like partially hydrogenated vegetable oils (which could just as easily be added to homemade meat pies in the form of shortening), I don't think the number of ingredients or processing steps will materially affects the nutritional value of a food independent of its nutrient quantities.