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MCCORMICK & CO INC VTG COM (MKC.V) Stock Fundamental Analysis

USA - NYSE:MKC.V - US5797801074 - Common Stock

68 USD
+0.54 (+0.8%)
Last: 11/21/2025, 8:04:00 PM
Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to MKC.V. 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 valied quite expensively at the moment, while it does show a decent growth rate.


Dividend Valuation Growth Profitability Health

8

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.
MKC.V Yearly Net Income VS EBIT VS OCF VS FCFMKC.V Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

1.2 Ratios

MKC.V has a Return On Assets of 5.87%. This is amongst the best in the industry. MKC.V outperforms 80.46% of its industry peers.
The Return On Equity of MKC.V (13.52%) is better than 83.91% of its industry peers.
With an excellent Return On Invested Capital value of 8.05%, MKC.V belongs to the best of the industry, outperforming 80.46% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for MKC.V is significantly below the industry average of 28.38%.
The last Return On Invested Capital (8.05%) for MKC.V is above the 3 year average (7.52%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 5.87%
ROE 13.52%
ROIC 8.05%
ROA(3y)5.51%
ROA(5y)5.71%
ROE(3y)14.31%
ROE(5y)15.82%
ROIC(3y)7.52%
ROIC(5y)7.83%
MKC.V Yearly ROA, ROE, ROICMKC.V Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15 20 25

1.3 Margins

MKC.V has a Profit Margin of 11.46%. This is amongst the best in the industry. MKC.V outperforms 90.80% of its industry peers.
In the last couple of years the Profit Margin of MKC.V has declined.
MKC.V has a better Operating Margin (15.99%) than 93.10% of its industry peers.
In the last couple of years the Operating Margin of MKC.V has declined.
With an excellent Gross Margin value of 38.23%, MKC.V belongs to the best 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 RankSector Rank
OM 15.99%
PM (TTM) 11.46%
GM 38.23%
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%
MKC.V Yearly Profit, Operating, Gross MarginsMKC.V Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30 40

3

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.
Compared to 1 year ago, MKC.V has an improved debt to assets ratio.
MKC.V Yearly Shares OutstandingMKC.V Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M 250M
MKC.V Yearly Total Debt VS Total AssetsMKC.V Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B 10B

2.2 Solvency

An Altman-Z score of 2.56 indicates that MKC.V is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.56, MKC.V is in the better half of the industry, outperforming 60.92% of the companies in the same industry.
MKC.V has a debt to FCF ratio of 6.65. This is a slightly negative value and a sign of low solvency as MKC.V would need 6.65 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 6.65, MKC.V is doing good in the industry, outperforming 73.56% of the companies in the same industry.
MKC.V has a Debt/Equity ratio of 0.63. This is a neutral value indicating MKC.V is somewhat dependend on debt financing.
MKC.V has a Debt to Equity ratio (0.63) which is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.63
Debt/FCF 6.65
Altman-Z 2.56
ROIC/WACC1.04
WACC7.78%
MKC.V Yearly LT Debt VS Equity VS FCFMKC.V Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B 5B

2.3 Liquidity

A Current Ratio of 0.71 indicates that MKC.V may have some problems paying its short term obligations.
MKC.V has a worse Current ratio (0.71) than 83.91% of its industry peers.
MKC.V has a Quick Ratio of 0.71. 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 (0.29) than 89.66% of its industry peers.
Industry RankSector Rank
Current Ratio 0.71
Quick Ratio 0.29
MKC.V Yearly Current Assets VS Current LiabilitesMKC.V Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B

4

3. Growth

3.1 Past

The earnings per share for MKC.V have decreased by -2.00% in the last year.
MKC.V shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.98% yearly.
MKC.V shows a small growth in Revenue. In the last year, the Revenue has grown by 1.64%.
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)-2%
EPS 3Y-1.11%
EPS 5Y1.98%
EPS Q2Q%2.41%
Revenue 1Y (TTM)1.64%
Revenue growth 3Y2.1%
Revenue growth 5Y4.69%
Sales Q2Q%2.68%

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 5.88% on average per year.
Based on estimates for the next years, MKC.V will show a small growth in Revenue. The Revenue will grow by 4.05% on average per year.
EPS Next Y3.04%
EPS Next 2Y4.48%
EPS Next 3Y5.82%
EPS Next 5Y5.88%
Revenue Next Year2.04%
Revenue Next 2Y4.04%
Revenue Next 3Y4.32%
Revenue Next 5Y4.05%

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.
MKC.V Yearly Revenue VS EstimatesMKC.V Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2016 2018 2020 2022 2024 2026 2028 2030 2032 2B 4B 6B 8B
MKC.V Yearly EPS VS EstimatesMKC.V Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2016 2018 2020 2022 2024 2026 2028 2030 2032 1 2 3 4 5

3

4. Valuation

4.1 Price/Earnings Ratio

With a Price/Earnings ratio of 23.13, MKC.V is valued on the expensive side.
The rest of the industry has a similar Price/Earnings ratio as MKC.V.
MKC.V's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 25.45.
Based on the Price/Forward Earnings ratio of 21.12, the valuation of MKC.V can be described as rather expensive.
MKC.V's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. MKC.V is cheaper than 63.22% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 34.46. MKC.V is valued slightly cheaper when compared to this.
Industry RankSector Rank
PE 23.13
Fwd PE 21.12
MKC.V Price Earnings VS Forward Price EarningsMKC.V Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

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 RankSector Rank
P/FCF 27.85
EV/EBITDA 16.71
MKC.V Per share dataMKC.V EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 -10 20

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.
The excellent profitability rating of MKC.V may justify a higher PE ratio.
PEG (NY)7.6
PEG (5Y)11.7
EPS Next 2Y4.48%
EPS Next 3Y5.82%

5

5. Dividend

5.1 Amount

MKC.V has a Yearly Dividend Yield of 2.72%. Purely for dividend investing, there may be better candidates out there.
MKC.V's Dividend Yield is a higher than the industry average which is at 5.15.
Compared to an average S&P500 Dividend Yield of 2.45, MKC.V has a dividend comparable with the average S&P500 company.
Industry RankSector Rank
Dividend Yield 2.72%

5.2 History

The dividend of MKC.V is nicely growing with an annual growth rate of 8.09%!
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
MKC.V Yearly Dividends per shareMKC.V Yearly Dividends per shareYearly Dividends per share 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.5 1 1.5 2

5.3 Sustainability

61.04% 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.
DP61.04%
EPS Next 2Y4.48%
EPS Next 3Y5.82%
MKC.V Yearly Income VS Free CF VS DividendMKC.V Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M
MKC.V Dividend Payout.MKC.V Dividend Payout, showing the Payout Ratio.MKC.V Dividend Payout.PayoutRetained Earnings

MCCORMICK & CO INC VTG COM

NYSE:MKC.V (11/21/2025, 8:04:00 PM)

68

+0.54 (+0.8%)

Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)10-07 2025-10-07/bmo
Earnings (Next)01-21 2026-01-21/amc
Inst Owners89.6%
Inst Owner Change0.84%
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap18.25B
Revenue(TTM)6.79B
Net Income(TTM)778.00M
Analysts72
Price Target79.23 (16.51%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 2.72%
Yearly Dividend1.68
Dividend Growth(5Y)8.09%
DP61.04%
Div Incr Years3
Div Non Decr Years3
Ex-Date10-14 2025-10-14 (0.45)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.57%
Min EPS beat(2)3.22%
Max EPS beat(2)3.93%
EPS beat(4)3
Avg EPS beat(4)0.66%
Min EPS beat(4)-7.59%
Max EPS beat(4)3.93%
EPS beat(8)7
Avg EPS beat(8)6.81%
EPS beat(12)9
Avg EPS beat(12)4.57%
EPS beat(16)11
Avg EPS beat(16)1.43%
Revenue beat(2)0
Avg Revenue beat(2)-0.61%
Min Revenue beat(2)-0.93%
Max Revenue beat(2)-0.29%
Revenue beat(4)1
Avg Revenue beat(4)-0.55%
Min Revenue beat(4)-1.38%
Max Revenue beat(4)0.39%
Revenue beat(8)2
Avg Revenue beat(8)-0.51%
Revenue beat(12)3
Avg Revenue beat(12)-0.97%
Revenue beat(16)4
Avg Revenue beat(16)-0.99%
PT rev (1m)-6.49%
PT rev (3m)-8.56%
EPS NQ rev (1m)-1.35%
EPS NQ rev (3m)-6.46%
EPS NY rev (1m)-1.02%
EPS NY rev (3m)-1.05%
Revenue NQ rev (1m)-0.21%
Revenue NQ rev (3m)0.32%
Revenue NY rev (1m)0.19%
Revenue NY rev (3m)0.26%
Valuation
Industry RankSector Rank
PE 23.13
Fwd PE 21.12
P/S 2.69
P/FCF 27.85
P/OCF 20.76
P/B 3.17
P/tB N/A
EV/EBITDA 16.71
EPS(TTM)2.94
EY4.32%
EPS(NY)3.22
Fwd EY4.74%
FCF(TTM)2.44
FCFY3.59%
OCF(TTM)3.27
OCFY4.82%
SpS25.29
BVpS21.44
TBVpS-10.67
PEG (NY)7.6
PEG (5Y)11.7
Graham Number37.66
Profitability
Industry RankSector Rank
ROA 5.87%
ROE 13.52%
ROCE 10.72%
ROIC 8.05%
ROICexc 8.13%
ROICexgc 44.76%
OM 15.99%
PM (TTM) 11.46%
GM 38.23%
FCFM 9.65%
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%
ROICexgc growth 3Y-19.64%
ROICexgc 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-Score6
Asset Turnover0.51
Health
Industry RankSector Rank
Debt/Equity 0.63
Debt/FCF 6.65
Debt/EBITDA 2.75
Cap/Depr 100.13%
Cap/Sales 3.3%
Interest Coverage 250
Cash Conversion 67.16%
Profit Quality 84.22%
Current Ratio 0.71
Quick Ratio 0.29
Altman-Z 2.56
F-Score6
WACC7.78%
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)-2%
EPS 3Y-1.11%
EPS 5Y1.98%
EPS Q2Q%2.41%
EPS Next Y3.04%
EPS Next 2Y4.48%
EPS Next 3Y5.82%
EPS Next 5Y5.88%
Revenue 1Y (TTM)1.64%
Revenue growth 3Y2.1%
Revenue growth 5Y4.69%
Sales Q2Q%2.68%
Revenue Next Year2.04%
Revenue Next 2Y4.04%
Revenue Next 3Y4.32%
Revenue Next 5Y4.05%
EBIT growth 1Y1.11%
EBIT growth 3Y-0.97%
EBIT growth 5Y1.8%
EBIT Next Year23.76%
EBIT Next 3Y12.62%
EBIT Next 5Y8.67%
FCF growth 1Y-15.9%
FCF growth 3Y5.54%
FCF growth 5Y-3.5%
OCF growth 1Y-17.2%
OCF growth 3Y3.63%
OCF growth 5Y-0.53%

MCCORMICK & CO INC VTG COM / MKC.V FAQ

What is the fundamental rating for MKC.V stock?

ChartMill assigns a fundamental rating of 5 / 10 to MKC.V.


What is the valuation status for MKC.V stock?

ChartMill assigns a valuation rating of 3 / 10 to MCCORMICK & CO INC VTG COM (MKC.V). This can be considered as Overvalued.


What is the profitability of MKC.V stock?

MCCORMICK & CO INC VTG COM (MKC.V) has a profitability rating of 8 / 10.


What are the PE and PB ratios of MCCORMICK & CO INC VTG COM (MKC.V) stock?

The Price/Earnings (PE) ratio for MCCORMICK & CO INC VTG COM (MKC.V) is 23.13 and the Price/Book (PB) ratio is 3.17.


What is the expected EPS growth for MCCORMICK & CO INC VTG COM (MKC.V) stock?

The Earnings per Share (EPS) of MCCORMICK & CO INC VTG COM (MKC.V) is expected to grow by 3.04% in the next year.