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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 8/10

vs
industry
vs
history
Cash to Debt 0.06
MKC's Cash to Debt is ranked lower than
58% of the 1463 Companies
in the Global Packaged Foods industry.

( Industry Median: 0.84 vs. MKC: 0.06 )
MKC' s 10-Year Cash to Debt Range
Min: 0.01   Max: 0.12
Current: 0.06

0.01
0.12
Equity to Asset 0.45
MKC's Equity to Asset is ranked higher than
59% of the 1452 Companies
in the Global Packaged Foods industry.

( Industry Median: 0.53 vs. MKC: 0.45 )
MKC' s 10-Year Equity to Asset Range
Min: 0.22   Max: 0.46
Current: 0.45

0.22
0.46
Interest Coverage 10.33
MKC's Interest Coverage is ranked higher than
60% of the 827 Companies
in the Global Packaged Foods industry.

( Industry Median: 15.78 vs. MKC: 10.33 )
MKC' s 10-Year Interest Coverage Range
Min: 3.64   Max: 10.59
Current: 10.33

3.64
10.59
F-Score: 6
Z-Score: 3.92
M-Score: -2.57
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 9/10

vs
industry
vs
history
Operating margin (%) 13.35
MKC's Operating margin (%) is ranked higher than
88% of the 1393 Companies
in the Global Packaged Foods industry.

( Industry Median: 6.18 vs. MKC: 13.35 )
MKC' s 10-Year Operating margin (%) Range
Min: 8.74   Max: 15.28
Current: 13.35

8.74
15.28
Net-margin (%) 9.40
MKC's Net-margin (%) is ranked higher than
86% of the 1395 Companies
in the Global Packaged Foods industry.

( Industry Median: 4.38 vs. MKC: 9.40 )
MKC' s 10-Year Net-margin (%) Range
Min: 2.42   Max: 11.09
Current: 9.4

2.42
11.09
ROE (%) 20.06
MKC's ROE (%) is ranked higher than
93% of the 1379 Companies
in the Global Packaged Foods industry.

( Industry Median: 7.90 vs. MKC: 20.06 )
MKC' s 10-Year ROE (%) Range
Min: 9.31   Max: 38.27
Current: 20.06

9.31
38.27
ROA (%) 8.71
MKC's ROA (%) is ranked higher than
89% of the 1399 Companies
in the Global Packaged Foods industry.

( Industry Median: 4.15 vs. MKC: 8.71 )
MKC' s 10-Year ROA (%) Range
Min: 3.16   Max: 10.83
Current: 8.71

3.16
10.83
ROC (Joel Greenblatt) (%) 53.20
MKC's ROC (Joel Greenblatt) (%) is ranked higher than
95% of the 1390 Companies
in the Global Packaged Foods industry.

( Industry Median: 16.49 vs. MKC: 53.20 )
MKC' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 23.84   Max: 70.93
Current: 53.2

23.84
70.93
Revenue Growth (%) 7.60
MKC's Revenue Growth (%) is ranked higher than
79% of the 1258 Companies
in the Global Packaged Foods industry.

( Industry Median: 5.00 vs. MKC: 7.60 )
MKC' s 10-Year Revenue Growth (%) Range
Min: 1   Max: 9.5
Current: 7.6

1
9.5
EBITDA Growth (%) 3.00
MKC's EBITDA Growth (%) is ranked higher than
73% of the 1125 Companies
in the Global Packaged Foods industry.

( Industry Median: 3.00 vs. MKC: 3.00 )
MKC' s 10-Year EBITDA Growth (%) Range
Min: 0.6   Max: 20.1
Current: 3

0.6
20.1
EPS Growth (%) 2.20
MKC's EPS Growth (%) is ranked higher than
71% of the 1015 Companies
in the Global Packaged Foods industry.

( Industry Median: 3.50 vs. MKC: 2.20 )
MKC' s 10-Year EPS Growth (%) Range
Min: 2.2   Max: 36.1
Current: 2.2

2.2
36.1
» MKC's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q3 2013

MKC Guru Trades in Q3 2013

Steven Cohen 24,812 sh (New)
Westport Asset Management 210,260 sh (unchged)
Pioneer Investments 114,256 sh (unchged)
Brian Rogers 1,655,300 sh (unchged)
Tom Russo 47,780 sh (-1.34%)
John Rogers 227,275 sh (-13.24%)
Jeremy Grantham 89,907 sh (-14.01%)
Jim Simons 55,200 sh (-34.44%)
» More
Q4 2013

MKC Guru Trades in Q4 2013

Joel Greenblatt 3,125 sh (New)
Jim Simons 138,400 sh (+150.72%)
Pioneer Investments 114,256 sh (unchged)
Westport Asset Management 210,260 sh (unchged)
Brian Rogers 1,655,300 sh (unchged)
John Rogers 225,725 sh (-0.68%)
Tom Russo 45,900 sh (-3.93%)
Jeremy Grantham 85,890 sh (-4.47%)
Steven Cohen 9,098 sh (-63.33%)
» More
Q1 2014

MKC Guru Trades in Q1 2014

Mario Gabelli 4,000 sh (New)
Joel Greenblatt 17,358 sh (+455.46%)
Jeremy Grantham 192,701 sh (+124.36%)
Pioneer Investments 114,256 sh (unchged)
Brian Rogers 1,655,300 sh (unchged)
Steven Cohen Sold Out
John Rogers 225,220 sh (-0.22%)
Tom Russo 45,080 sh (-1.79%)
Westport Asset Management 160,000 sh (-23.9%)
Jim Simons 4,800 sh (-96.53%)
» More
Q2 2014

MKC Guru Trades in Q2 2014

Brian Rogers 1,655,300 sh (unchged)
» More
» Details

Insider Trades

Latest Guru Trades with MKC

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Joel Greenblatt 2014-03-31 Add 455.46%0.02%$63.03 - $71.32 $ 69.373%17358
Mario Gabelli 2014-03-31 New Buy$63.03 - $71.32 $ 69.373%4000
Joel Greenblatt 2013-12-31 New Buy0.01%$64.07 - $70.2 $ 69.372%3125
Tom Gayner 2013-03-31 Sold Out 0.05%$61.23 - $73.55 $ 69.374%0
Mario Gabelli 2012-09-30 Sold Out 0.0038%$59.61 - $63.6 $ 69.3713%0
Tom Gayner 2011-12-31 New Buy0.04%$44.93 - $50.79 $ 69.3743%15000
Premium More recent guru trades are included for Premium Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Ratios

vs
industry
vs
history
P/E(ttm) 23.20
MKC's P/E(ttm) is ranked higher than
72% of the 1580 Companies
in the Global Packaged Foods industry.

( Industry Median: 24.50 vs. MKC: 23.20 )
MKC' s 10-Year P/E(ttm) Range
Min: 14.38   Max: 26.1
Current: 23.2

14.38
26.1
P/B 4.60
MKC's P/B is ranked higher than
51% of the 1580 Companies
in the Global Packaged Foods industry.

( Industry Median: 1.99 vs. MKC: 4.60 )
MKC' s 10-Year P/B Range
Min: 3.06   Max: 6.1
Current: 4.6

3.06
6.1
P/S 2.20
MKC's P/S is ranked higher than
54% of the 1580 Companies
in the Global Packaged Foods industry.

( Industry Median: 1.09 vs. MKC: 2.20 )
MKC' s 10-Year P/S Range
Min: 1.19   Max: 2.46
Current: 2.2

1.19
2.46
PFCF 23.10
MKC's PFCF is ranked higher than
80% of the 1580 Companies
in the Global Packaged Foods industry.

( Industry Median: 51.08 vs. MKC: 23.10 )
MKC' s 10-Year PFCF Range
Min: 13.4   Max: 42.07
Current: 23.1

13.4
42.07
EV-to-EBIT 18.16
MKC's EV-to-EBIT is ranked higher than
72% of the 1580 Companies
in the Global Packaged Foods industry.

( Industry Median: 19.68 vs. MKC: 18.16 )
MKC' s 10-Year EV-to-EBIT Range
Min: 12   Max: 21.8
Current: 18.16

12
21.8
PEG 5.80
MKC's PEG is ranked higher than
76% of the 1580 Companies
in the Global Packaged Foods industry.

( Industry Median: 54.38 vs. MKC: 5.80 )
MKC' s 10-Year PEG Range
Min: 1.41   Max: 5.8
Current: 5.8

1.41
5.8
Shiller P/E 24.20
MKC's Shiller P/E is ranked higher than
86% of the 1580 Companies
in the Global Packaged Foods industry.

( Industry Median: 9999.00 vs. MKC: 24.20 )
MKC' s 10-Year Shiller P/E Range
Min: 16.28   Max: 31.2
Current: 24.2

16.28
31.2
Current Ratio 1.32
MKC's Current Ratio is ranked higher than
60% of the 1464 Companies
in the Global Packaged Foods industry.

( Industry Median: 1.62 vs. MKC: 1.32 )
MKC' s 10-Year Current Ratio Range
Min: 0.55   Max: 1.82
Current: 1.32

0.55
1.82
Quick Ratio 0.64
MKC's Quick Ratio is ranked higher than
51% of the 1464 Companies
in the Global Packaged Foods industry.

( Industry Median: 1.06 vs. MKC: 0.64 )
MKC' s 10-Year Quick Ratio Range
Min: 0.26   Max: 0.88
Current: 0.64

0.26
0.88

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 2.10
MKC's Dividend Yield is ranked higher than
60% of the 1104 Companies
in the Global Packaged Foods industry.

( Industry Median: 1.80 vs. MKC: 2.10 )
MKC' s 10-Year Dividend Yield Range
Min: 1.42   Max: 3.14
Current: 2.1

1.42
3.14
Dividend Payout 0.50
MKC's Dividend Payout is ranked higher than
89% of the 1580 Companies
in the Global Packaged Foods industry.

( Industry Median: 9999.00 vs. MKC: 0.50 )
MKC' s 10-Year Dividend Payout Range
Min: 0.2   Max: 1.64
Current: 0.5

0.2
1.64
Dividend growth (3y) 9.40
MKC's Dividend growth (3y) is ranked higher than
84% of the 790 Companies
in the Global Packaged Foods industry.

( Industry Median: 2.70 vs. MKC: 9.40 )
MKC' s 10-Year Dividend growth (3y) Range
Min: 0   Max: 40.9
Current: 9.4

0
40.9
Yield on cost (5-Year) 3.25
MKC's Yield on cost (5-Year) is ranked higher than
72% of the 1109 Companies
in the Global Packaged Foods industry.

( Industry Median: 1.94 vs. MKC: 3.25 )
MKC' s 10-Year Yield on cost (5-Year) Range
Min: 2.19   Max: 4.85
Current: 3.25

2.19
4.85
Share Buyback Rate 0.30
MKC's Share Buyback Rate is ranked higher than
82% of the 880 Companies
in the Global Packaged Foods industry.

( Industry Median: -0.30 vs. MKC: 0.30 )
MKC' s 10-Year Share Buyback Rate Range
Min: 3.6   Max: -0.8
Current: 0.3

Valuation & Return

vs
industry
vs
history
Price/DCF (Projected) 1.80
MKC's Price/DCF (Projected) is ranked higher than
85% of the 1580 Companies
in the Global Packaged Foods industry.

( Industry Median: 9999.00 vs. MKC: 1.80 )
MKC' s 10-Year Price/DCF (Projected) Range
Min: 1.12   Max: 4.53
Current: 1.8

1.12
4.53
Price/Median PS Value 1.20
MKC's Price/Median PS Value is ranked higher than
65% of the 1580 Companies
in the Global Packaged Foods industry.

( Industry Median: 1.17 vs. MKC: 1.20 )
MKC' s 10-Year Price/Median PS Value Range
Min: 0.68   Max: 1.95
Current: 1.2

0.68
1.95
Earnings Yield (Greenblatt) 5.50
MKC's Earnings Yield (Greenblatt) is ranked higher than
66% of the 1375 Companies
in the Global Packaged Foods industry.

( Industry Median: 6.10 vs. MKC: 5.50 )
MKC' s 10-Year Earnings Yield (Greenblatt) Range
Min: 4.6   Max: 8.3
Current: 5.5

4.6
8.3
Forward Rate of Return (Yacktman) 7.66
MKC's Forward Rate of Return (Yacktman) is ranked higher than
79% of the 1051 Companies
in the Global Packaged Foods industry.

( Industry Median: 6.10 vs. MKC: 7.66 )
MKC' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 8.1   Max: 16.2
Current: 7.66

8.1
16.2

Business Description

Industry: Consumer Packaged Goods » Packaged Foods
Compare:NSRGY, UL, UN, DANOY, GIS » details
Traded in other countries:MCX.Germany
McCormick & Company, Inc was formed in 1915 under Maryland law as the successor to a business established in 1889. The Company manufactures markets and distributes spices, seasoning mixes, condiments and other flavorful products to the entire food industry-retail outlets, food manufacturers and foodservice businesses. Its major sales, distribution and production facilities are located in North America and Europe. Additional facilities are based in Mexico, Central America, Australia, China, Singapore, Thailand and South Africa. It operates in two business segments, consumer and industrial. The consumer segment sells spices, herbs, extracts, seasoning blends, sauces, marinades, and specialty foods to the consumer food market under different brands worldwide, including McCormick, Lawry's, Club House, Zatarain's, Thai Kitchen, Simply Asia, Ducros, Schwartz, and Kamis. The industrial segment sells seasoning blends, natural spices and herbs, wet flavors, coating systems, and compound flavors to multinational food manufacturers and foodservice customers both directly and indirectly through distributors. Raw materials used in the business are dairy products, pepper, garlic, onion, capsicums (red peppers and paprika), soybean oil and wheat. Its products are sold directly to customers and also through brokers, wholesalers, and distributors. Customers for the industrial segment include food manufacturers and the foodservice industry supplied both directly and indirectly through distributors. The Company is subject to numerous food safety and other laws and regulations relating to the sourcing, manufacture, storage, marketing, advertising, and distribution of food products, including laws and regulations relating to financial reporting requirements, the environment, relations with distributors and retailers, employment, health and safety and trade practices.
» More Articles for MKC

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