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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
52% of the 1715 Companies
in the Global Packaged Foods industry.

( Industry Median: 0.39 vs. MKC: 0.06 )
MKC' s 10-Year Cash to Debt Range
Min: 0.02   Max: 0.11
Current: 0.06

0.02
0.11
Equity to Asset 0.41
MKC's Equity to Asset is ranked higher than
58% of the 1704 Companies
in the Global Packaged Foods industry.

( Industry Median: 0.52 vs. MKC: 0.41 )
MKC' s 10-Year Equity to Asset Range
Min: 0.22   Max: 0.43
Current: 0.41

0.22
0.43
Interest Coverage 12.13
MKC's Interest Coverage is ranked higher than
64% of the 1055 Companies
in the Global Packaged Foods industry.

( Industry Median: 16.77 vs. MKC: 12.13 )
MKC' s 10-Year Interest Coverage Range
Min: 3.64   Max: 12.13
Current: 12.13

3.64
12.13
F-Score: 7
Z-Score: 4.01
M-Score: -2.58
WACC vs ROIC
6.55%
14.13%
WACC
ROIC
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 : 8/10

vs
industry
vs
history
Operating margin (%) 14.21
MKC's Operating margin (%) is ranked higher than
90% of the 1722 Companies
in the Global Packaged Foods industry.

( Industry Median: 5.94 vs. MKC: 14.21 )
MKC' s 10-Year Operating margin (%) Range
Min: 8.74   Max: 15.28
Current: 14.21

8.74
15.28
Net-margin (%) 10.32
MKC's Net-margin (%) is ranked higher than
89% of the 1723 Companies
in the Global Packaged Foods industry.

( Industry Median: 4.31 vs. MKC: 10.32 )
MKC' s 10-Year Net-margin (%) Range
Min: 2.42   Max: 11.09
Current: 10.32

2.42
11.09
ROE (%) 22.78
MKC's ROE (%) is ranked higher than
94% of the 1704 Companies
in the Global Packaged Foods industry.

( Industry Median: 8.32 vs. MKC: 22.78 )
MKC' s 10-Year ROE (%) Range
Min: 8.65   Max: 37.08
Current: 22.78

8.65
37.08
ROA (%) 9.87
MKC's ROA (%) is ranked higher than
91% of the 1733 Companies
in the Global Packaged Foods industry.

( Industry Median: 3.95 vs. MKC: 9.87 )
MKC' s 10-Year ROA (%) Range
Min: 2.85   Max: 10.88
Current: 9.87

2.85
10.88
ROC (Joel Greenblatt) (%) 54.72
MKC's ROC (Joel Greenblatt) (%) is ranked higher than
95% of the 1726 Companies
in the Global Packaged Foods industry.

( Industry Median: 13.82 vs. MKC: 54.72 )
MKC' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 32.94   Max: 70.93
Current: 54.72

32.94
70.93
Revenue Growth (3Y)(%) 5.60
MKC's Revenue Growth (3Y)(%) is ranked higher than
74% of the 1482 Companies
in the Global Packaged Foods industry.

( Industry Median: 5.10 vs. MKC: 5.60 )
MKC' s 10-Year Revenue Growth (3Y)(%) Range
Min: 1   Max: 9.5
Current: 5.6

1
9.5
EBITDA Growth (3Y)(%) 4.20
MKC's EBITDA Growth (3Y)(%) is ranked higher than
75% of the 1306 Companies
in the Global Packaged Foods industry.

( Industry Median: 3.40 vs. MKC: 4.20 )
MKC' s 10-Year EBITDA Growth (3Y)(%) Range
Min: 0.6   Max: 20.1
Current: 4.2

0.6
20.1
EPS Growth (3Y)(%) 6.30
MKC's EPS Growth (3Y)(%) is ranked higher than
76% of the 1142 Companies
in the Global Packaged Foods industry.

( Industry Median: 5.00 vs. MKC: 6.30 )
MKC' s 10-Year EPS Growth (3Y)(%) Range
Min: 2.3   Max: 36.1
Current: 6.3

2.3
36.1
» MKC's 10-Y Financials

Financials


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

» Details

Guru Trades

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%)
Brian Rogers 1,655,300 sh (unchged)
Pioneer Investments 114,256 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

Mario Gabelli 22,500 sh (+462.5%)
Jeremy Grantham 242,601 sh (+25.9%)
Brian Rogers 1,655,300 sh (unchged)
Jim Simons Sold Out
Pioneer Investments 113,718 sh (-0.47%)
Tom Russo 42,580 sh (-5.55%)
Joel Greenblatt 11,219 sh (-35.37%)
Westport Asset Management 65,000 sh (-59.38%)
John Rogers 42,160 sh (-81.28%)
» More
Q3 2014

MKC Guru Trades in Q3 2014

Jim Simons 18,000 sh (New)
Mario Gabelli 47,400 sh (+110.67%)
Joel Greenblatt 21,341 sh (+90.22%)
Jeremy Grantham 246,104 sh (+1.44%)
John Rogers 42,561 sh (+0.95%)
Tom Russo 42,755 sh (+0.41%)
Pioneer Investments 115,560 sh (unchged)
Brian Rogers 1,655,300 sh (unchged)
Westport Asset Management Sold Out
» More
Q4 2014

MKC Guru Trades in Q4 2014

Jim Simons 277,500 sh (+1441.67%)
John Rogers 44,486 sh (+4.52%)
Pioneer Investments 115,719 sh (+0.14%)
Tom Russo 42,755 sh (unchged)
Brian Rogers 1,655,300 sh (unchged)
Mario Gabelli 45,700 sh (-3.59%)
Jeremy Grantham 228,904 sh (-6.99%)
Joel Greenblatt 7,389 sh (-65.38%)
» More
» Details

Insider Trades

Latest Guru Trades with MKC

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Joel Greenblatt 2014-12-31 Reduce -65.38%0.01%$66.16 - $76.78 $ 75.255%7389
Joel Greenblatt 2014-09-30 Add 90.22%0.01%$66.12 - $71.15 $ 75.259%21341
Mario Gabelli 2014-09-30 Add 110.67%0.01%$66.12 - $71.15 $ 75.259%47400
John Rogers 2014-06-30 Reduce -81.28%0.16%$70 - $73.09 $ 75.255%42160
Joel Greenblatt 2014-06-30 Reduce -35.37%0.01%$70 - $73.09 $ 75.255%11219
Mario Gabelli 2014-06-30 Add 462.5%0.01%$70 - $73.09 $ 75.255%22500
Joel Greenblatt 2014-03-31 Add 455.46%0.02%$63.03 - $71.32 $ 75.2512%17358
Mario Gabelli 2014-03-31 New Buy$63.03 - $71.32 $ 75.2512%4000
Joel Greenblatt 2013-12-31 New Buy0.01%$64.07 - $70.2 $ 75.2510%3125
Tom Gayner 2013-03-31 Sold Out 0.05%$61.23 - $73.55 $ 75.2513%0
Mario Gabelli 2012-09-30 Sold Out 0.0038%$59.61 - $63.6 $ 75.2523%0
John Rogers 2012-06-30 Reduce -43.03%0.26%$53.71 - $59.49 $ 75.2534%310995
Tom Gayner 2011-12-31 New Buy0.04%$44.93 - $50.79 $ 75.2555%15000
Premium More recent guru trades are included for Premium Members only!!
Premium More recent guru trades are included for USA Subscribe Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Top Ranked Articles about McCormick & Company Inc

Westport Fund Comments on American Eagle Outfitters & McCormick & Company
Two portfolio holdings were eliminated in the third quarter of 2014 – American Eagle Outfitters, Inc. (AEO) and McCormick & Company, Inc. (MKC) as future returns were viewed as unlikely to reach the levels needed for retention in the portfolio. Read more...

Ratios

vs
industry
vs
history
P/E(ttm) 22.50
MKC's P/E(ttm) is ranked higher than
76% of the 1838 Companies
in the Global Packaged Foods industry.

( Industry Median: 26.30 vs. MKC: 22.50 )
MKC' s 10-Year P/E(ttm) Range
Min: 14.38   Max: 26.1
Current: 22.5

14.38
26.1
Forward P/E 19.42
MKC's Forward P/E is ranked higher than
83% of the 1838 Companies
in the Global Packaged Foods industry.

( Industry Median: 38.46 vs. MKC: 19.42 )
N/A
PE(NRI) 24.00
MKC's PE(NRI) is ranked higher than
75% of the 1838 Companies
in the Global Packaged Foods industry.

( Industry Median: 25.80 vs. MKC: 24.00 )
MKC' s 10-Year PE(NRI) Range
Min: 14.62   Max: 26.36
Current: 24

14.62
26.36
P/B 5.41
MKC's P/B is ranked higher than
53% of the 1838 Companies
in the Global Packaged Foods industry.

( Industry Median: 2.06 vs. MKC: 5.41 )
MKC' s 10-Year P/B Range
Min: 3.06   Max: 6.1
Current: 5.41

3.06
6.1
P/S 2.32
MKC's P/S is ranked higher than
58% of the 1838 Companies
in the Global Packaged Foods industry.

( Industry Median: 1.14 vs. MKC: 2.32 )
MKC' s 10-Year P/S Range
Min: 1.19   Max: 2.46
Current: 2.32

1.19
2.46
PFCF 26.54
MKC's PFCF is ranked higher than
81% of the 1838 Companies
in the Global Packaged Foods industry.

( Industry Median: 60.44 vs. MKC: 26.54 )
MKC' s 10-Year PFCF Range
Min: 13.4   Max: 37.96
Current: 26.54

13.4
37.96
POCF 19.51
MKC's POCF is ranked higher than
70% of the 1838 Companies
in the Global Packaged Foods industry.

( Industry Median: 16.82 vs. MKC: 19.51 )
MKC' s 10-Year POCF Range
Min: 10.57   Max: 23.25
Current: 19.51

10.57
23.25
EV-to-EBIT 17.20
MKC's EV-to-EBIT is ranked higher than
75% of the 1838 Companies
in the Global Packaged Foods industry.

( Industry Median: 19.54 vs. MKC: 17.20 )
MKC' s 10-Year EV-to-EBIT Range
Min: 12   Max: 21.8
Current: 17.2

12
21.8
PEG 5.45
MKC's PEG is ranked higher than
86% of the 1838 Companies
in the Global Packaged Foods industry.

( Industry Median: 0.00 vs. MKC: 5.45 )
MKC' s 10-Year PEG Range
Min: 1.41   Max: 6.05
Current: 5.45

1.41
6.05
Shiller P/E 25.63
MKC's Shiller P/E is ranked higher than
83% of the 1838 Companies
in the Global Packaged Foods industry.

( Industry Median: 53.16 vs. MKC: 25.63 )
MKC' s 10-Year Shiller P/E Range
Min: 16.28   Max: 31.2
Current: 25.63

16.28
31.2
Current Ratio 1.26
MKC's Current Ratio is ranked higher than
60% of the 1719 Companies
in the Global Packaged Foods industry.

( Industry Median: 1.59 vs. MKC: 1.26 )
MKC' s 10-Year Current Ratio Range
Min: 0.6   Max: 1.29
Current: 1.26

0.6
1.29
Quick Ratio 0.63
MKC's Quick Ratio is ranked higher than
54% of the 1719 Companies
in the Global Packaged Foods industry.

( Industry Median: 1.04 vs. MKC: 0.63 )
MKC' s 10-Year Quick Ratio Range
Min: 0.34   Max: 0.67
Current: 0.63

0.34
0.67
Days Inventory 100.70
MKC's Days Inventory is ranked higher than
62% of the 1838 Companies
in the Global Packaged Foods industry.

( Industry Median: 73.97 vs. MKC: 100.70 )
MKC' s 10-Year Days Inventory Range
Min: 69.71   Max: 107.75
Current: 100.7

69.71
107.75
Days Sales Outstanding 42.46
MKC's Days Sales Outstanding is ranked higher than
77% of the 1838 Companies
in the Global Packaged Foods industry.

( Industry Median: 50.64 vs. MKC: 42.46 )
MKC' s 10-Year Days Sales Outstanding Range
Min: 38.9   Max: 58.9
Current: 42.46

38.9
58.9

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 2.01
MKC's Dividend Yield is ranked higher than
55% of the 1277 Companies
in the Global Packaged Foods industry.

( Industry Median: 1.93 vs. MKC: 2.01 )
MKC' s 10-Year Dividend Yield Range
Min: 1.44   Max: 3.14
Current: 2.01

1.44
3.14
Dividend Payout 0.47
MKC's Dividend Payout is ranked higher than
72% of the 1838 Companies
in the Global Packaged Foods industry.

( Industry Median: 0.76 vs. MKC: 0.47 )
MKC' s 10-Year Dividend Payout Range
Min: 0.19   Max: 0.48
Current: 0.47

0.19
0.48
Dividend growth (3y) 9.70
MKC's Dividend growth (3y) is ranked higher than
84% of the 921 Companies
in the Global Packaged Foods industry.

( Industry Median: 6.30 vs. MKC: 9.70 )
MKC' s 10-Year Dividend growth (3y) Range
Min: 0   Max: 40.9
Current: 9.7

0
40.9
Yield on cost (5-Year) 3.11
MKC's Yield on cost (5-Year) is ranked higher than
67% of the 1306 Companies
in the Global Packaged Foods industry.

( Industry Median: 2.24 vs. MKC: 3.11 )
MKC' s 10-Year Yield on cost (5-Year) Range
Min: 2.24   Max: 4.88
Current: 3.11

2.24
4.88
Share Buyback Rate 0.80
MKC's Share Buyback Rate is ranked higher than
89% of the 1063 Companies
in the Global Packaged Foods industry.

( Industry Median: -0.30 vs. MKC: 0.80 )
MKC' s 10-Year Share Buyback Rate Range
Min: 3.6   Max: -0.8
Current: 0.8

Valuation & Return

vs
industry
vs
history
Price/DCF (Projected) 1.88
MKC's Price/DCF (Projected) is ranked higher than
81% of the 1838 Companies
in the Global Packaged Foods industry.

( Industry Median: 3.74 vs. MKC: 1.88 )
MKC' s 10-Year Price/DCF (Projected) Range
Min: 1.14   Max: 3.73
Current: 1.88

1.14
3.73
Price/Median PS Value 1.27
MKC's Price/Median PS Value is ranked higher than
66% of the 1838 Companies
in the Global Packaged Foods industry.

( Industry Median: 1.17 vs. MKC: 1.27 )
MKC' s 10-Year Price/Median PS Value Range
Min: 0.67   Max: 1.68
Current: 1.27

0.67
1.68
Earnings Yield (Greenblatt) 5.80
MKC's Earnings Yield (Greenblatt) is ranked higher than
74% of the 1709 Companies
in the Global Packaged Foods industry.

( Industry Median: 5.30 vs. MKC: 5.80 )
MKC' s 10-Year Earnings Yield (Greenblatt) Range
Min: 4.6   Max: 8.3
Current: 5.8

4.6
8.3
Forward Rate of Return (Yacktman) 7.26
MKC's Forward Rate of Return (Yacktman) is ranked higher than
80% of the 1127 Companies
in the Global Packaged Foods industry.

( Industry Median: 4.98 vs. MKC: 7.26 )
MKC' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 7.2   Max: 16.3
Current: 7.26

7.2
16.3

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 industryretail 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, Lawrys, Club House, Zatarains, 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

Headlines

Articles On GuruFocus.com
McCormick Bagging Drogheria & Alimentari For $97 million Feb 27 2015 
Investment Concept Series: Price To Sales Nov 06 2014 
Westport Fund Comments on American Eagle Outfitters & McCormick & Company Oct 17 2014 
Westport Fund Q3 2014 Portfolio Review Oct 15 2014 
Dividend Aristocrats in Focus Part 11 of 54: McCormick & Company Oct 08 2014 
Hormel Foods Satisfying Hungry Investors Sep 16 2014 
Mario Gabelli Reports his Top Increase of the Second Quarter Aug 07 2014 
John Rogers' Ariel Fund Q2 2014 Shareholder Letter Jul 22 2014 
13 Dividend Growth Stocks with a Good Yield/Growth Mix Mar 26 2014 
McCormick and Company: Decent Stock But No Margin of Safety Aug 12 2013 

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