McCormick & Company, Incorporated (NYSE:MKC-V)

McCormick & Company, Incorporated MKC-V

Consumer Defensive - Packaged Foods - NYSE - US

Watchlist

$ 74.255

-1.07 %

$ 19.9 B

Market Cap

25.52

P/E

1. INTRINSIC VALUE

McCormick & Company, Incorporated manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry. It operates in two segments, Consumer and Flavor Solutions. The Consumer segment offers spices, herbs, and seasonings, as well as condiments and sauces, and desserts. This segment markets its products under the McCormick, French's, Frank's RedHot, Lawry's Cholula Hot Sauce, Gourmet Garden, Club House, and OLD BAY brands in the Americas; Ducros, Schwartz, Kamis, and Drogheria & Alimentari, and Vahiné brands in Europe, the Middle East, and Africa; McCormick and DaQiao brands in China; and McCormick, Aeroplane, and Gourmet Garden brands in Australia, as well as markets regional and ethnic brands, such as Zatarain's, Stubb's, Thai Kitchen, and Simply Asia.[ Read More ]

The intrinsic value of one MKC-V stock under the base case scenario is HIDDEN Compared to the current market price of 74.3 USD, McCormick & Company, Incorporated is HIDDEN

MKC-V Intrinsic Value
HIDDEN

SHOW

2. FUNDAMENTAL ANALYSIS

Price Chart MKC-V

FINANCIALS

Annual
Quarterly

6.66 B REVENUE

Growth Rates

1Year 4.91%

3Years 5.95%

5Years 4.67%

7Years 6.07%

10Years 4.91%

963 M OPERATING INCOME

Growth Rates

1Year 11.51%

3Years -1.23%

5Years 1.56%

7Years 5.99%

10Years 5.75%

681 M NET INCOME

Growth Rates

1Year -0.21%

3Years -3.07%

5Years -6.12%

7Years 5.36%

10Years 5.75%

1.24 B OPERATING CASH FLOW

Growth Rates

1Year 89.92%

3Years 5.92%

5Years 8.54%

7Years 9.44%

10Years 10.28%

-260 M INVESTING CASH FLOW

Growth Rates

1Year -77.94%

3Years 36.67%

5Years -10.45%

7Years 0.36%

10Years -0.84%

-1.18 B FINANCING CASH FLOW

Growth Rates

1Year -143.06%

3Years -85.28%

5Years -9.53%

7Years -18.01%

10Years -17.02%

1.68 B REVENUE

Growth Rates

1Year 4.91%

3Years 5.95%

5Years 4.67%

7Years 6.07%

10Years 4.91%

286 M OPERATING INCOME

Growth Rates

1Year 11.51%

3Years -1.23%

5Years 1.56%

7Years 5.99%

10Years 5.75%

223 M NET INCOME

Growth Rates

1Year -0.21%

3Years -3.07%

5Years -6.12%

7Years 5.36%

10Years 5.75%

162 M OPERATING CASH FLOW

Growth Rates

1Year 89.92%

3Years 5.92%

5Years 8.54%

7Years 9.44%

10Years 10.28%

-59 M INVESTING CASH FLOW

Growth Rates

1Year -77.94%

3Years 36.67%

5Years -10.45%

7Years 0.36%

10Years -0.84%

-33.7 M FINANCING CASH FLOW

Growth Rates

1Year -143.06%

3Years -85.28%

5Years -9.53%

7Years -18.01%

10Years -17.02%

Balance Sheet Decomposition McCormick & Company, Incorporated

12.9 B ASSETS
7.78 B LIABILITIES

Current Assets	2 B
Cash & Short-Term Investments	167 M
Receivables	588 M
Other Current Assets	1.25 B
Non-Current Assets	10.9 B
Long-Term Investments	264 M
PP&E	1.54 B
Other Non-Current Assets	9.05 B

Current Liabilities	3.1 B
Accounts Payable	1.12 B
Short-Term Debt	1.07 B
Other Current Liabilities	908 M
Non-Current Liabilities	4.68 B
Long-Term Debt	3.52 B
Other Non-Current Liabilities	1.16 B

EFFICIENCY

Earnings Waterfall McCormick & Company, Incorporated

Revenue	6.66 B
Cost Of Revenue	4.16 B
Gross Profit	2.5 B
Operating Expenses	1.48 B
Operating Income	963 M
Other Expenses	282 M
Net Income	681 M

RATIOS

37.56% GROSS MARGIN

Averages

1Year 37.56%

3Years 37.62%

5Years 38.81%

7Years 39.29%

10Years 39.78%

14.45% OPERATING MARGIN

Averages

1Year 14.45%

3Years 14.71%

5Years 15.97%

7Years 15.89%

10Years 15.27%

10.22% NET MARGIN

Averages

1Year 10.22%

3Years 10.97%

5Years 11.88%

7Years 12.41%

10Years 11.72%

13.45% ROE

Averages

1Year 13.45%

3Years 15.05%

5Years 16.92%

7Years 18.95%

10Years 21.02%

5.29% ROA

Averages

1Year 5.29%

3Years 5.45%

5Years 5.86%

7Years 6.14%

10Years 7.20%

7.95% ROIC

Averages

1Year 7.95%

3Years 7.71%

5Years 8.43%

7Years 8.97%

10Years 10.58%

FREE CASH FLOW ANALYSIS

Free Cash Flow Analysis McCormick & Company, Incorporated

Net Income	681 M
Depreciation & Amortization	199 M
Capital Expenditures	-264 M
Stock-Based Compensation	63.4 M
Change in Working Capital	269 M
Others	139 M
Free Cash Flow	973 M

3. WALL STREET ANALYSTS ESTIMATES

Wall Street Analysts Price Targets McCormick & Company, Incorporated

Wall Street analysts predict an average 1-year price target for MKC-V of $84.6 , with forecasts ranging from a low of $79 to a high of $94 .

MKC-V Lowest Price Target Wall Street Target

79 USD 6.39%

MKC-V Average Price Target Wall Street Target

84.6 USD 13.93%

MKC-V Highest Price Target Wall Street Target

94 USD 26.59%

4. DIVIDEND ANALYSIS

0.52% DIVIDEND YIELD

0.42 USD DIVIDEND PER SHARE

5. COMPETITION

Central Garden & Pet Company produces and distributes various products for the lawn and garden, and pet supplies markets in the United States.

100 USD

CENT

Undervalued 171.74%

Nature's Sunshine Products, Inc., a natural health and wellness company, primarily manufactures and sells nutritional and personal care products in Asia, Europe, North America, Latin America, and internationally.

22.2 USD

NATR

Undervalued 38.66%

Seneca Foods Corporation provides packaged fruits and vegetables in the United States and internationally. The company offers canned, frozen, and bottled produce; jarred fruit; and snack chips and other food products under the private label, as well as under various national and regional brands that the company owns or licenses, including Seneca, Libby's, Aunt Nellie's, Cherryman, Green Valley, and READ.

72.8 USD

SENEA

Undervalued 5.59%

Central Garden & Pet Company produces and distributes various products for the lawn and garden, and pet supplies markets in the United States.

100 USD

CENTA

Undervalued 217.18%

J&J Snack Foods Corp. manufactures, markets, and distributes nutritional snack foods and beverages to the food service and retail supermarket industries in the United States, Mexico, and Canada.

82.4 USD

JJSF

Overvalued 49.05%

Bridgford Foods Corporation, together with its subsidiaries, manufactures, markets, and distributes frozen, refrigerated, and snack food products in the United States.

11.3 USD

BRID

Undervalued 24.76%

Lancaster Colony Corporation manufactures and markets food products for the retail and foodservice markets in the United States. The company operates in two segments, Retail and Foodservice.

176 USD

LANC

Overvalued 2.66%

6. Ownership

Insider Ownership McCormick & Company, Incorporated

Summary
Transactions

Sold

0-3 MONTHS

0 USD 0

3-6 MONTHS

0 USD 0

6-9 MONTHS

0 USD 0

9-12 MONTHS

0 USD 0

Bought

0 USD 0

0-3 MONTHS

0 USD 0

3-6 MONTHS

0 USD 0

6-9 MONTHS

0 USD 0

9-12 MONTHS

Date	Value	Insider	Amount	Avg Price
1 year ago Oct 25, 2023	Sell 129 K USD	Schwartz Jeffery D Vice President, Gen Counsel	- 2000	64.369 USD
1 year ago Aug 21, 2023	Sell 418 K USD	MANGAN MICHAEL D Director	- 5000	83.6284 USD
1 year ago Jul 28, 2023	Sell 234 K USD	Schwartz Jeffery D Vice President, Gen Counsel	- 2600	90.0177 USD
1 year ago Jul 28, 2023	Sell 234 K USD	Schwartz Jeffery D Vice President, Gen Counsel	- 2600	90.0177 USD
1 year ago Jul 26, 2023	Sell 449 K USD	Tapiero Jacques Director	- 5000	89.8844 USD
1 year ago Jul 21, 2023	Sell 315 K USD	Schwartz Jeffery D Vice President, Gen Counsel	- 3600	87.4775 USD
1 year ago May 12, 2023	Sell 3.59 M USD	Kurzius Lawrence Erik Chairman & CEO	- 39906	90.021 USD
1 year ago Feb 17, 2023	Sell 375 K USD	MANGAN MICHAEL D Director	- 5000	75 USD
2 years ago Nov 10, 2022	Sell 410 K USD	MANGAN MICHAEL D Director	- 5000	82 USD
2 years ago Oct 24, 2022	Sell 186 K USD	Kurzius Lawrence Erik Chairman, President & CEO	- 2500	74.3 USD
2 years ago Oct 24, 2022	Sell 186 K USD	Kurzius Lawrence Erik Chairman, President & CEO	- 2500	74.5297 USD
2 years ago Oct 19, 2022	Sell 241 K USD	Foley Brendan M President & COO	- 3200	75.466 USD

7. News

8. Profile Summary

McCormick & Company, Incorporated MKC-V

COUNTRY US

INDUSTRY Packaged Foods

MARKET CAP $ 19.9 B

Dividend Yield 0.52%

Description McCormick & Company, Incorporated manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry. It operates in two segments, Consumer and Flavor Solutions. The Consumer segment offers spices, herbs, and seasonings, as well as condiments and sauces, and desserts. This segment markets its products under the McCormick, French's, Frank's RedHot, Lawry's Cholula Hot Sauce, Gourmet Garden, Club House, and OLD BAY brands in the Americas; Ducros, Schwartz, Kamis, and Drogheria & Alimentari, and Vahiné brands in Europe, the Middle East, and Africa; McCormick and DaQiao brands in China; and McCormick, Aeroplane, and Gourmet Garden brands in Australia, as well as markets regional and ethnic brands, such as Zatarain's, Stubb's, Thai Kitchen, and Simply Asia. It also supplies its products under the private labels. This segment serves retailers comprising grocery, mass merchandise, warehouse clubs, discount and drug stores, and e-commerce retailers directly and indirectly through distributors and wholesale foodservice suppliers. The Flavor Solutions segment offers seasoning blends, spices and herbs, condiments, coating systems, and compound flavors to multinational food manufacturers and foodservice customers. It serves foodservice customers directly and indirectly through distributors. The company was founded in 1889 and is headquartered in Hunt Valley, Maryland.

Contact 24 Schilling Road, Hunt Valley, MD, 21031 https://www.mccormickcorporation.com

IPO Date Oct. 7, 2003

Employees 13800

Officers Mr. Jeffery D. Schwartz Vice President, General Counsel & Corporate Secretary Ms. Sarah J. Piper Chief Human Relations Officer Ms. Ana Sanchez President of Europe & Middle East and Africa (EMEA) Ms. Anju Rao Chief Science Officer Ms. Lori Amos Robinson Vice President of Corporate Communications, Corporate Branding and Culinary Marketing Ms. Tabata L. Gomez Chief Marketing Officer Ms. Kasey A. Jenkins Chief Growth Officer Ms. Faten Freiha Vice President of Investor Relations Mr. Lawrence E. Kurzius Executive Chairman of the Board Mr. Brendan M. Foley President, Chief Executive Officer & Director

Price Chart MKC-V

McCormick & Company, Incorporated MKC-V

Premium Plan

Unlimited Plan