MCCORMICK & CO INC VTG COM (MKC.V) Stock Fundamental Analysis
USA - NYSE:MKC.V - US5797801074 - Common Stock
66.9 USD
+0.36 (+0.54%)
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. MKC.V scores excellent on profitability, but 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.
In the past year MKC.V had a positive cash flow from operations.
MKC.V had positive earnings in each of the past 5 years.
Each year in the past 5 years MKC.V had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 5.88%, MKC.V is in the better half of the industry, outperforming 77.53% of the companies in the same industry.
With a decent Return On Equity value of 13.85%, MKC.V is doing good in the industry, outperforming 78.65% of the companies in the same industry.
MKC.V's Return On Invested Capital of 8.03% is fine compared to the rest of the industry. MKC.V outperforms 75.28% of its industry peers.
MKC.V had an Average Return On Invested Capital over the past 3 years of 7.52%. This 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
With an excellent Profit Margin value of 11.50%, MKC.V belongs to the best of the industry, outperforming 89.89% of the companies in the same industry.
In the last couple of years the Profit Margin of MKC.V has declined.
Looking at the Operating Margin, with a value of 16.02%, MKC.V belongs to the top of the industry, outperforming 89.89% of the companies in the same industry.
In the last couple of years the Operating Margin of MKC.V has declined.
With an excellent Gross Margin value of 38.54%, MKC.V belongs to the best of the industry, outperforming 88.76% 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.
The number of shares outstanding for MKC.V has been increased compared to 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 2.50. 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.
The Altman-Z score of MKC.V (2.50) is better than 60.67% of its industry peers.
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.
With a decent Debt to FCF ratio value of 8.07, MKC.V is doing good in the industry, outperforming 64.04% of the companies in the same industry.
A Debt/Equity ratio of 0.66 indicates that MKC.V is somewhat dependend on debt financing.
MKC.V has a Debt to Equity ratio (0.66) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.66 | ||
| Debt/FCF | 8.07 | ||
| Altman-Z | 2.5 |
ROIC/WACC1.04
WACC7.72%
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.
The Current ratio of MKC.V (0.68) is worse than 86.52% of its industry peers.
A Quick Ratio of 0.27 indicates that MKC.V may have some problems paying 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.
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
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.
MKC.V is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.20% yearly.
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
MKC.V is valuated rather expensively with a Price/Earnings ratio of 22.91.
MKC.V's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 27.20. MKC.V is around the same levels.
Based on the Price/Forward Earnings ratio of 20.03, the valuation of MKC.V can be described as rather expensive.
62.92% of the companies in the same industry are more expensive than MKC.V, based on the Price/Forward Earnings ratio.
MKC.V's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 22.70.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.91 | ||
| Fwd PE | 20.03 |
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.
Based on the Price/Free Cash Flow ratio, MKC.V is valued a bit cheaper than the industry average as 60.67% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 32.54 | ||
| EV/EBITDA | 16.72 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
MKC.V has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)5.51
PEG (5Y)11.59
EPS Next 2Y6.39%
EPS Next 3Y7.34%
5. Dividend
5.1 Amount
MKC.V has a Yearly Dividend Yield of 2.58%.
MKC.V's Dividend Yield is a higher than the industry average which is at 5.03.
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 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.
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 (9/17/2025, 8:04:00 PM)
66.9
+0.36 (+0.54%)
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 Cap17.95B
Analysts74
Price Target85.51 (27.82%)
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 | 22.91 | ||
| Fwd PE | 20.03 | ||
| P/S | 2.66 | ||
| P/FCF | 32.54 | ||
| P/OCF | 22.96 | ||
| P/B | 3.21 | ||
| P/tB | N/A | ||
| EV/EBITDA | 16.72 |
EPS(TTM)2.92
EY4.36%
EPS(NY)3.34
Fwd EY4.99%
FCF(TTM)2.06
FCFY3.07%
OCF(TTM)2.91
OCFY4.35%
SpS25.13
BVpS20.87
TBVpS-11.17
PEG (NY)5.51
PEG (5Y)11.59
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 | 2.5 |
F-Score7
WACC7.72%
ROIC/WACC1.04
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%