MCCORMICK & CO INC VTG COM (MKC.V) Stock Fundamental Analysis
USA - NYSE:MKC.V - US5797801074 - Common Stock
65.84 USD
-2.95 (-4.29%)
Overall MKC.V gets a fundamental rating of 5 out of 10. We evaluated MKC.V against 89 industry peers in the Food Products industry. While MKC.V belongs to the best of the industry regarding profitability, there are concerns on its financial health. MKC.V is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year MKC.V was profitable.
MKC.V had a positive operating cash flow in the past year.
Each year in the past 5 years MKC.V has been profitable.
MKC.V had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 5.88%, MKC.V is doing good in the industry, outperforming 78.65% of the companies in the same industry.
The Return On Equity of MKC.V (13.85%) is better than 79.78% of its industry peers.
MKC.V's Return On Invested Capital of 8.03% is fine compared to the rest of the industry. MKC.V outperforms 76.40% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for MKC.V is significantly below the industry average of 28.32%.
The last Return On Invested Capital (8.03%) for MKC.V is above the 3 year average (7.52%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.88% | ||
| ROE | 13.85% | ||
| ROIC | 8.03% |
ROA(3y)5.51%
ROA(5y)5.71%
ROE(3y)14.31%
ROE(5y)15.82%
ROIC(3y)7.52%
ROIC(5y)7.83%
1.3 Margins
MKC.V has a better Profit Margin (11.50%) than 91.01% of its industry peers.
MKC.V's Profit Margin has declined in the last couple of years.
The Operating Margin of MKC.V (16.02%) is better than 91.01% of its industry peers.
In the last couple of years the Operating Margin of MKC.V has declined.
The Gross Margin of MKC.V (38.54%) is better than 89.89% of its industry peers.
In the last couple of years the Gross Margin of MKC.V has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.02% | ||
| PM (TTM) | 11.5% | ||
| GM | 38.54% |
OM growth 3Y-3%
OM growth 5Y-2.76%
PM growth 3Y-0.64%
PM growth 5Y-2.25%
GM growth 3Y-0.95%
GM growth 5Y-0.8%
2. Health
2.1 Basic Checks
MKC.V has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
MKC.V has about the same amout of shares outstanding than it did 1 year ago.
MKC.V has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, MKC.V has an improved debt to assets ratio.
2.2 Solvency
MKC.V has an Altman-Z score of 2.55. This is not the best score and indicates that MKC.V is in the grey zone with still only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 2.55, MKC.V perfoms like the industry average, outperforming 59.55% of the companies in the same industry.
MKC.V has a debt to FCF ratio of 8.07. This is a slightly negative value and a sign of low solvency as MKC.V would need 8.07 years to pay back of all of its debts.
MKC.V's Debt to FCF ratio of 8.07 is fine compared to the rest of the industry. MKC.V outperforms 64.04% of its industry peers.
MKC.V has a Debt/Equity ratio of 0.66. This is a neutral value indicating MKC.V is somewhat dependend on debt financing.
MKC.V has a Debt to Equity ratio (0.66) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.66 | ||
| Debt/FCF | 8.07 | ||
| Altman-Z | 2.55 |
ROIC/WACC1.03
WACC7.76%
2.3 Liquidity
MKC.V has a Current Ratio of 0.68. This is a bad value and indicates that MKC.V is not financially healthy enough and could expect problems in meeting its short term obligations.
MKC.V has a Current ratio of 0.68. This is amonst the worse of the industry: MKC.V underperforms 85.39% of its industry peers.
A Quick Ratio of 0.27 indicates that MKC.V may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.27, MKC.V is doing worse than 89.89% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.68 | ||
| Quick Ratio | 0.27 |
3. Growth
3.1 Past
MKC.V shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 3.55%.
MKC.V shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.98% yearly.
The Revenue has been growing slightly by 0.89% in the past year.
Measured over the past years, MKC.V shows a small growth in Revenue. The Revenue has been growing by 4.69% on average per year.
EPS 1Y (TTM)3.55%
EPS 3Y-1.11%
EPS 5Y1.98%
EPS Q2Q%0%
Revenue 1Y (TTM)0.89%
Revenue growth 3Y2.1%
Revenue growth 5Y4.69%
Sales Q2Q%0.99%
3.2 Future
Based on estimates for the next years, MKC.V will show a small growth in Earnings Per Share. The EPS will grow by 6.36% on average per year.
The Revenue is expected to grow by 4.20% on average over the next years.
EPS Next Y4.15%
EPS Next 2Y6.39%
EPS Next 3Y7.34%
EPS Next 5Y6.36%
Revenue Next Year1.79%
Revenue Next 2Y3.57%
Revenue Next 3Y3.72%
Revenue Next 5Y4.2%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 22.55, which indicates a rather expensive current valuation of MKC.V.
MKC.V's Price/Earnings is on the same level as the industry average.
When comparing the Price/Earnings ratio of MKC.V to the average of the S&P500 Index (27.30), we can say MKC.V is valued inline with the index average.
Based on the Price/Forward Earnings ratio of 19.72, the valuation of MKC.V can be described as rather expensive.
Based on the Price/Forward Earnings ratio, MKC.V is valued a bit cheaper than the industry average as 64.04% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of MKC.V to the average of the S&P500 Index (22.73), we can say MKC.V is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.55 | ||
| Fwd PE | 19.72 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MKC.V is on the same level as its industry peers.
The rest of the industry has a similar Price/Free Cash Flow ratio as MKC.V.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 32.02 | ||
| EV/EBITDA | 17.11 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates MKC.V does not grow enough to justify the current Price/Earnings ratio.
MKC.V has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)5.43
PEG (5Y)11.41
EPS Next 2Y6.39%
EPS Next 3Y7.34%
5. Dividend
5.1 Amount
MKC.V has a Yearly Dividend Yield of 2.58%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 5.03, MKC.V pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.38, MKC.V has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.58% |
5.2 History
On average, the dividend of MKC.V grows each year by 8.09%, which is quite nice.
MKC.V has paid a dividend for at least 10 years, which is a reliable track record.
MKC.V has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)8.09%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
60.21% of the earnings are spent on dividend by MKC.V. This is not a sustainable payout ratio.
MKC.V's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP60.21%
EPS Next 2Y6.39%
EPS Next 3Y7.34%
NYSE:MKC.V (9/15/2025, 4:10:03 PM)
65.84
-2.95 (-4.29%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners90.26%
Inst Owner Change3.28%
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap17.67B
Analysts74
Price Target85.51 (29.88%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.58% |
Yearly Dividend1.68
Dividend Growth(5Y)8.09%
DP60.21%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-1.83%
Min EPS beat(2)-7.59%
Max EPS beat(2)3.93%
EPS beat(4)3
Avg EPS beat(4)5.18%
Min EPS beat(4)-7.59%
Max EPS beat(4)21.3%
EPS beat(8)6
Avg EPS beat(8)6.22%
EPS beat(12)8
Avg EPS beat(12)3.45%
EPS beat(16)11
Avg EPS beat(16)1.85%
Revenue beat(2)0
Avg Revenue beat(2)-1.15%
Min Revenue beat(2)-1.38%
Max Revenue beat(2)-0.93%
Revenue beat(4)1
Avg Revenue beat(4)-0.54%
Min Revenue beat(4)-1.38%
Max Revenue beat(4)0.39%
Revenue beat(8)2
Avg Revenue beat(8)-0.69%
Revenue beat(12)3
Avg Revenue beat(12)-1.08%
Revenue beat(16)4
Avg Revenue beat(16)-0.99%
PT rev (1m)-1.32%
PT rev (3m)-0.64%
EPS NQ rev (1m)-0.12%
EPS NQ rev (3m)-3.09%
EPS NY rev (1m)0.02%
EPS NY rev (3m)-0.15%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0.01%
Revenue NY rev (3m)0.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.55 | ||
| Fwd PE | 19.72 | ||
| P/S | 2.62 | ||
| P/FCF | 32.02 | ||
| P/OCF | 22.6 | ||
| P/B | 3.15 | ||
| P/tB | N/A | ||
| EV/EBITDA | 17.11 |
EPS(TTM)2.92
EY4.43%
EPS(NY)3.34
Fwd EY5.07%
FCF(TTM)2.06
FCFY3.12%
OCF(TTM)2.91
OCFY4.42%
SpS25.13
BVpS20.87
TBVpS-11.17
PEG (NY)5.43
PEG (5Y)11.41
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.88% | ||
| ROE | 13.85% | ||
| ROCE | 10.79% | ||
| ROIC | 8.03% | ||
| ROICexc | 8.12% | ||
| ROICexgc | 45.31% | ||
| OM | 16.02% | ||
| PM (TTM) | 11.5% | ||
| GM | 38.54% | ||
| FCFM | 8.18% |
ROA(3y)5.51%
ROA(5y)5.71%
ROE(3y)14.31%
ROE(5y)15.82%
ROIC(3y)7.52%
ROIC(5y)7.83%
ROICexc(3y)7.68%
ROICexc(5y)8.06%
ROICexgc(3y)53.77%
ROICexgc(5y)64.53%
ROCE(3y)10.15%
ROCE(5y)10.62%
ROICexcg growth 3Y-19.64%
ROICexcg growth 5Y-5.32%
ROICexc growth 3Y-2.94%
ROICexc growth 5Y-2.03%
OM growth 3Y-3%
OM growth 5Y-2.76%
PM growth 3Y-0.64%
PM growth 5Y-2.25%
GM growth 3Y-0.95%
GM growth 5Y-0.8%
F-Score7
Asset Turnover0.51
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.66 | ||
| Debt/FCF | 8.07 | ||
| Debt/EBITDA | 2.85 | ||
| Cap/Depr | 106.09% | ||
| Cap/Sales | 3.41% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 60.29% | ||
| Profit Quality | 71.14% | ||
| Current Ratio | 0.68 | ||
| Quick Ratio | 0.27 | ||
| Altman-Z | 2.55 |
F-Score7
WACC7.76%
ROIC/WACC1.03
Cap/Depr(3y)131.56%
Cap/Depr(5y)136.09%
Cap/Sales(3y)4.06%
Cap/Sales(5y)4.12%
Profit Quality(3y)94.06%
Profit Quality(5y)92.84%
High Growth Momentum
Growth
EPS 1Y (TTM)3.55%
EPS 3Y-1.11%
EPS 5Y1.98%
EPS Q2Q%0%
EPS Next Y4.15%
EPS Next 2Y6.39%
EPS Next 3Y7.34%
EPS Next 5Y6.36%
Revenue 1Y (TTM)0.89%
Revenue growth 3Y2.1%
Revenue growth 5Y4.69%
Sales Q2Q%0.99%
Revenue Next Year1.79%
Revenue Next 2Y3.57%
Revenue Next 3Y3.72%
Revenue Next 5Y4.2%
EBIT growth 1Y4.25%
EBIT growth 3Y-0.97%
EBIT growth 5Y1.8%
EBIT Next Year23.85%
EBIT Next 3Y11.75%
EBIT Next 5Y9.18%
FCF growth 1Y-9.88%
FCF growth 3Y5.54%
FCF growth 5Y-3.5%
OCF growth 1Y-12.29%
OCF growth 3Y3.63%
OCF growth 5Y-0.53%