MCCORMICK & CO INC VTG COM (MKC.V) Stock Fundamental Analysis
USA - NYSE:MKC.V - US5797801074 - Common Stock
65.9 USD
-2.27 (-3.33%)
Taking everything into account, MKC.V scores 5 out of 10 in our fundamental rating. MKC.V was compared to 87 industry peers in the Food Products industry. MKC.V scores excellent on profitability, but there are concerns on its financial health. MKC.V is quite expensive at the moment. 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.
In the past 5 years MKC.V has always been profitable.
In the past 5 years MKC.V always reported a positive cash flow from operatings.
1.2 Ratios
MKC.V has a better Return On Assets (5.88%) than 79.31% of its industry peers.
MKC.V has a Return On Equity of 13.85%. This is amongst the best in the industry. MKC.V outperforms 80.46% of its industry peers.
The Return On Invested Capital of MKC.V (8.03%) is better than 79.31% of its industry peers.
The Average Return On Invested Capital over the past 3 years for MKC.V is significantly below the industry average of 28.37%.
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
Looking at the Profit Margin, with a value of 11.50%, MKC.V belongs to the top of the industry, outperforming 90.80% of the companies in the same industry.
In the last couple of years the Profit Margin of MKC.V has declined.
With an excellent Operating Margin value of 16.02%, MKC.V belongs to the best of the industry, outperforming 90.80% of the companies in the same industry.
In the last couple of years the Operating Margin of MKC.V has declined.
Looking at the Gross Margin, with a value of 38.54%, MKC.V belongs to the top of the industry, outperforming 89.66% of the companies in the same industry.
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.
Compared to 1 year ago, MKC.V has about the same amount of shares outstanding.
MKC.V has more shares outstanding than it did 5 years ago.
The debt/assets ratio for MKC.V has been reduced compared to a year ago.
2.2 Solvency
MKC.V has an Altman-Z score of 2.53. 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.
MKC.V's Altman-Z score of 2.53 is in line compared to the rest of the industry. MKC.V outperforms 59.77% of its industry peers.
The Debt to FCF ratio of MKC.V is 8.07, which is on the high side as it means it would take MKC.V, 8.07 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 8.07, MKC.V is doing good in the industry, outperforming 65.52% of the companies in the same industry.
A Debt/Equity ratio of 0.66 indicates that MKC.V is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.66, MKC.V perfoms like the industry average, outperforming 45.98% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.66 | ||
| Debt/FCF | 8.07 | ||
| Altman-Z | 2.53 |
ROIC/WACC1.03
WACC7.81%
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 85.06% of its industry peers.
A Quick Ratio of 0.27 indicates that MKC.V may have some problems paying its short term obligations.
The Quick ratio of MKC.V (0.27) is worse than 89.66% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.68 | ||
| Quick Ratio | 0.27 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 3.55% over the past year.
The Earnings Per Share has been growing slightly by 1.98% on average over the past years.
The Revenue has been growing slightly by 0.89% in the past year.
The Revenue has been growing slightly by 4.69% on average over the past years.
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
MKC.V is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.30% yearly.
The Revenue is expected to grow by 4.18% on average over the next years.
EPS Next Y4.11%
EPS Next 2Y6.46%
EPS Next 3Y7.36%
EPS Next 5Y6.3%
Revenue Next Year1.85%
Revenue Next 2Y3.94%
Revenue Next 3Y4.07%
Revenue Next 5Y4.18%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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 22.57, which indicates a rather expensive current valuation of MKC.V.
The rest of the industry has a similar Price/Earnings ratio as MKC.V.
Compared to an average S&P500 Price/Earnings ratio of 27.90, MKC.V is valued at the same level.
The Price/Forward Earnings ratio is 19.71, which indicates a rather expensive current valuation of MKC.V.
Based on the Price/Forward Earnings ratio, MKC.V is valued a bit cheaper than the industry average as 65.52% 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 (23.36), we can say MKC.V is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.57 | ||
| Fwd PE | 19.71 |
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.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of MKC.V indicates a somewhat cheap valuation: MKC.V is cheaper than 60.92% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 32.05 | ||
| EV/EBITDA | 16.99 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of MKC.V may justify a higher PE ratio.
PEG (NY)5.49
PEG (5Y)11.42
EPS Next 2Y6.46%
EPS Next 3Y7.36%
5. Dividend
5.1 Amount
MKC.V has a Yearly Dividend Yield of 2.61%.
Compared to an average industry Dividend Yield of 4.91, MKC.V pays a bit more dividend than its industry peers.
MKC.V's Dividend Yield is comparable with the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.61% |
5.2 History
The dividend of MKC.V is nicely growing with an annual growth rate of 8.09%!
MKC.V has been paying a dividend for at least 10 years, so it has 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
MKC.V pays out 60.21% of its income as dividend. This is not a sustainable payout ratio.
The dividend of MKC.V is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP60.21%
EPS Next 2Y6.46%
EPS Next 3Y7.36%
NYSE:MKC.V (10/7/2025, 10:52:15 AM)
65.9
-2.27 (-3.33%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners89.6%
Inst Owner Change0%
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap17.69B
Analysts72
Price Target84.73 (28.57%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.61% |
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)-0.64%
PT rev (3m)-0.23%
EPS NQ rev (1m)-0.62%
EPS NQ rev (3m)-0.72%
EPS NY rev (1m)-0.04%
EPS NY rev (3m)-0.07%
Revenue NQ rev (1m)0.12%
Revenue NQ rev (3m)0.17%
Revenue NY rev (1m)0.06%
Revenue NY rev (3m)0.1%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.57 | ||
| Fwd PE | 19.71 | ||
| P/S | 2.62 | ||
| P/FCF | 32.05 | ||
| P/OCF | 22.62 | ||
| P/B | 3.16 | ||
| P/tB | N/A | ||
| EV/EBITDA | 16.99 |
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)5.49
PEG (5Y)11.42
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 | 2.53 |
F-Score7
WACC7.81%
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 Y4.11%
EPS Next 2Y6.46%
EPS Next 3Y7.36%
EPS Next 5Y6.3%
Revenue 1Y (TTM)0.89%
Revenue growth 3Y2.1%
Revenue growth 5Y4.69%
Sales Q2Q%0.99%
Revenue Next Year1.85%
Revenue Next 2Y3.94%
Revenue Next 3Y4.07%
Revenue Next 5Y4.18%
EBIT growth 1Y4.25%
EBIT growth 3Y-0.97%
EBIT growth 5Y1.8%
EBIT Next Year23.76%
EBIT Next 3Y12.62%
EBIT Next 5Y9.13%
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%