MCCORMICK & CO INC VTG COM (MKC.V) Stock Fundamental Analysis
NYSE:MKC.V - US5797801074 - Common Stock
72.2595 USD
+1.26 (+1.77%)
Taking everything into account, MKC.V scores 5 out of 10 in our fundamental rating. MKC.V was compared to 89 industry peers in the Food Products industry. MKC.V scores excellent on profitability, but there are concerns on its financial health. While showing a medium growth rate, MKC.V is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
MKC.V had positive earnings in the past year.
MKC.V had a positive operating cash flow in the past year.
Each year in the past 5 years MKC.V has been profitable.
In the past 5 years MKC.V always reported a positive cash flow from operatings.
1.2 Ratios
MKC.V's Return On Assets of 5.88% is fine compared to the rest of the industry. MKC.V outperforms 75.28% of its industry peers.
MKC.V's Return On Equity of 13.85% is fine compared to the rest of the industry. MKC.V outperforms 77.53% of its industry peers.
Looking at the Return On Invested Capital, with a value of 8.03%, MKC.V is in the better half of the industry, outperforming 76.40% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for MKC.V is significantly below the industry average of 29.14%.
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's Profit Margin of 11.50% is amongst the best of the industry. MKC.V outperforms 91.01% of its industry peers.
In the last couple of years the Profit Margin of MKC.V has declined.
MKC.V has a Operating Margin of 16.02%. This is amongst the best in the industry. MKC.V outperforms 89.89% of its industry peers.
MKC.V's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 38.54%, MKC.V belongs to the top of the industry, outperforming 87.64% of the companies in the same industry.
MKC.V's Gross Margin has been stable in the last couple of years.
| 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so MKC.V is still 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.
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 2.59. 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 has a Altman-Z score of 2.59. This is in the better half of the industry: MKC.V outperforms 61.80% 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.
The Debt to FCF ratio of MKC.V (8.07) is better than 66.29% 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.
Looking at the Debt to Equity ratio, with a value of 0.66, MKC.V is in line with its industry, outperforming 44.94% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.66 | ||
| Debt/FCF | 8.07 | ||
| Altman-Z | 2.59 |
ROIC/WACC1.01
WACC7.96%
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.
With a Current ratio value of 0.68, MKC.V is not doing good in the industry: 84.27% of the companies in the same industry are doing better.
MKC.V has a Quick 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 worse Quick ratio (0.27) than 91.01% of its industry peers.
| 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%.
Measured over the past 5 years, MKC.V shows a small growth in Earnings Per Share. The EPS has been growing by 1.98% on average per year.
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
The Earnings Per Share is expected to grow by 6.60% on average over the next years.
The Revenue is expected to grow by 3.02% on average over the next years.
EPS Next Y4.13%
EPS Next 2Y6.19%
EPS Next 3Y6.93%
EPS Next 5Y6.6%
Revenue Next Year1.77%
Revenue Next 2Y2.73%
Revenue Next 3Y3.07%
Revenue Next 5Y3.02%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
MKC.V is valuated rather expensively with a Price/Earnings ratio of 24.75.
Compared to the rest of the industry, the Price/Earnings ratio of MKC.V is on the same level as its industry peers.
Compared to an average S&P500 Price/Earnings ratio of 27.24, MKC.V is valued at the same level.
Based on the Price/Forward Earnings ratio of 21.72, the valuation of MKC.V can be described as rather expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MKC.V indicates a somewhat cheap valuation: MKC.V is cheaper than 60.67% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 35.82. MKC.V is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.75 | ||
| Fwd PE | 21.72 |
4.2 Price Multiples
MKC.V's Enterprise Value to EBITDA ratio is in line with the industry average.
MKC.V's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 35.14 | ||
| EV/EBITDA | 17.57 |
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)5.99
PEG (5Y)12.52
EPS Next 2Y6.19%
EPS Next 3Y6.93%
5. Dividend
5.1 Amount
MKC.V has a Yearly Dividend Yield of 2.53%.
Compared to an average industry Dividend Yield of 4.55, MKC.V pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.36, MKC.V has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.53% |
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
MKC.V pays out 60.21% of its income as dividend. 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 2Y6.19%
EPS Next 3Y6.93%
NYSE:MKC.V (8/22/2025, 8:24:33 PM)
72.2595
+1.26 (+1.77%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners90.26%
Inst Owner Change0.66%
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap19.39B
Analysts72
Price Target85.28 (18.02%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.53% |
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)2.02%
PT rev (3m)0.02%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-2.74%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.17%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.06%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.75 | ||
| Fwd PE | 21.72 | ||
| P/S | 2.88 | ||
| P/FCF | 35.14 | ||
| P/OCF | 24.8 | ||
| P/B | 3.46 | ||
| P/tB | N/A | ||
| EV/EBITDA | 17.57 |
EPS(TTM)2.92
EY4.04%
EPS(NY)3.33
Fwd EY4.6%
FCF(TTM)2.06
FCFY2.85%
OCF(TTM)2.91
OCFY4.03%
SpS25.13
BVpS20.87
TBVpS-11.17
PEG (NY)5.99
PEG (5Y)12.52
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 | 2.59 |
F-Score7
WACC7.96%
ROIC/WACC1.01
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 Y4.13%
EPS Next 2Y6.19%
EPS Next 3Y6.93%
EPS Next 5Y6.6%
Revenue 1Y (TTM)0.89%
Revenue growth 3Y2.1%
Revenue growth 5Y4.69%
Sales Q2Q%0.99%
Revenue Next Year1.77%
Revenue Next 2Y2.73%
Revenue Next 3Y3.07%
Revenue Next 5Y3.02%
EBIT growth 1Y4.25%
EBIT growth 3Y-0.97%
EBIT growth 5Y1.8%
EBIT Next Year23.85%
EBIT Next 3Y11.75%
EBIT Next 5Y8.21%
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%