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73.39 (1y: +28%)
Market Cap 9.76 B P/E(ttm) 24.00
Enterprise Value 10.92 B P/B 5.80
MKC.V- NYSE (USA)
McCormick & Company, Inc.
  • Currently 4.5/5
Business Predictability Rank: 4.5-Star
Back Testing Results:
Average gain of all 4.5-Star stocks: 10.6% per year.
% of Stocks that are in still loss if held for 10yrs: 10%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$73.39
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GuruFocus Financial Strength Rank measures how strong a companyย’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 : 6/10

vs
industry		 vs
history
Cash to Debt 0.067
MKC.V's Cash to Debt is ranked lower than
115875% of the 863 Companies
in the Global Packaged Foods industry.

( Industry Median: 1.20 vs. MKC.V: 0.067 )
MKC.V' s 10-Year Cash to Debt Range
Min: 0.03   Max: 0.11
Current: 0.07
0.03
0.11
Equity to Asset -0.081
MKC.V's Equity to Asset is ranked lower than
123609% of the 809 Companies
in the Global Packaged Foods industry.

( Industry Median: 0.54 vs. MKC.V: -0.081 )
MKC.V' s 10-Year Equity to Asset Range
Min: -0.17   Max: 0.2
Current: -0.08
-0.17
0.2
Interest Coverage 10.6
MKC.V's Interest Coverage is ranked lower than
148809% of the 672 Companies
in the Global Packaged Foods industry.

( Industry Median: 27.70 vs. MKC.V: 10.6 )
MKC.V' s 10-Year Interest Coverage Range
Min: 5   Max: 11
Current: 10.6
5
11
F-Score: 5
Z-Score: 4.19
M-Score: -2.49
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’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.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

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 : 7/10

vs
industry		 vs
history
Operating margin (%) 14.40
MKC.V's Operating margin (%) is ranked lower than
137741% of the 726 Companies
in the Global Packaged Foods industry.

( Industry Median: 6.50 vs. MKC.V: 14.40 )
MKC.V' s 10-Year Operating margin (%) Range
Min: 9.7   Max: 15.3
Current: 14.4
9.7
15.3
Net-margin (%) 10.2
MKC.V's Net-margin (%) is ranked lower than
136799% of the 731 Companies
in the Global Packaged Foods industry.

( Industry Median: 4.60 vs. MKC.V: 10.2 )
MKC.V' s 10-Year Net-margin (%) Range
Min: 5.1   Max: 11.1
Current: 10.2
5.1
11.1
ROE (%) 24.2
MKC.V's ROE (%) is ranked lower than
138504% of the 722 Companies
in the Global Packaged Foods industry.

( Industry Median: 8.10 vs. MKC.V: 24.2 )
MKC.V' s 10-Year ROE (%) Range
Min: 21.2   Max: 38.3
Current: 24.2
21.2
38.3
ROA (%) 9.8
MKC.V's ROA (%) is ranked lower than
138121% of the 724 Companies
in the Global Packaged Foods industry.

( Industry Median: 4.50 vs. MKC.V: 9.8 )
MKC.V' s 10-Year ROA (%) Range
Min: 7.9   Max: 10.8
Current: 9.8
7.9
10.8
ROC (Joel Greenblatt) (%) 60.30
MKC.V's ROC (Joel Greenblatt) (%) is ranked lower than
141844% of the 705 Companies
in the Global Packaged Foods industry.

( Industry Median: 16.10 vs. MKC.V: 60.30 )
MKC.V' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 41.3   Max: 70.9
Current: 60.3
41.3
70.9
Revenue Growth (%) 5.5
MKC.V's Revenue Growth (%) is ranked lower than
238663% of the 419 Companies
in the Global Packaged Foods industry.

( Industry Median: 7.10 vs. MKC.V: 5.5 )
MKC.V' s 10-Year Revenue Growth (%) Range
Min: 1   Max: 6.4
Current: 5.5
1
6.4
EBITDA Growth (%) 4.6
MKC.V's EBITDA Growth (%) is ranked lower than
361010% of the 277 Companies
in the Global Packaged Foods industry.

( Industry Median: 9.10 vs. MKC.V: 4.6 )
MKC.V' s 10-Year EBITDA Growth (%) Range
Min: 1.1   Max: 12.6
Current: 4.6
1.1
12.6
EPS Growth (%) 7.6
MKC.V's EPS Growth (%) is ranked lower than
398406% of the 251 Companies
in the Global Packaged Foods industry.

( Industry Median: 12.00 vs. MKC.V: 7.6 )
MKC.V' s 10-Year EPS Growth (%) Range
Min: 0.3   Max: 15.2
Current: 7.6
0.3
15.2
ยป MKC.V's 10-Y Financials

Financials


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

» Details

Guru Trades

MKC.V Guru Trades in

Q3 2012

MKC.V Guru Trades in Q3 2012

Mario Gabelli 8,400 sh (New)
» More
Q4 2012

MKC.V Guru Trades in Q4 2012

Mario Gabelli 8,400 sh (unchged)
» More
Q1 2013

MKC.V Guru Trades in Q1 2013

Mario Gabelli 8,400 sh (unchged)
» More
» Details

Insider Trades

Latest Guru Trades with MKC.V

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Mario Gabelli 2012-09-30 New Buy$59.55 - $63.58 $ 73.3920%8400
Premium More recent guru trades are included for Premium Members only!!

Ratios

vs
industry		 vs
history
P/E(ttm) 24.00
MKC.V's P/E(ttm) is ranked lower than
61% of the 735 Companies
in the Global Packaged Foods industry.

( Industry Median: 18.50 vs. MKC.V: 24.00 )
MKC.V' s 10-Year P/E(ttm) Range
Min: 14.4   Max: 46.58
Current: 24
14.4
46.58
P/B 5.80
MKC.V's P/B is ranked lower than
93% of the 854 Companies
in the Global Packaged Foods industry.

( Industry Median: 1.28 vs. MKC.V: 5.80 )
MKC.V' s 10-Year P/B Range
Min: 3.08   Max: 15.09
Current: 5.8
3.08
15.09
P/S 2.44
MKC.V's P/S is ranked lower than
82% of the 870 Companies
in the Global Packaged Foods industry.

( Industry Median: 0.81 vs. MKC.V: 2.44 )
MKC.V' s 10-Year P/S Range
Min: 1.19   Max: 3.04
Current: 2.44
1.19
3.04
PFCF 27.70
MKC.V's PFCF is ranked lower than
68% of the 559 Companies
in the Global Packaged Foods industry.

( Industry Median: 17.81 vs. MKC.V: 27.70 )
MKC.V' s 10-Year PFCF Range
Min: 13.18   Max: 73.61
Current: 27.7
13.18
73.61
EV-to-EBIT 18.9
MKC.V's EV-to-EBIT is ranked lower than
64% of the 706 Companies
in the Global Packaged Foods industry.

( Industry Median: 14.35 vs. MKC.V: 18.9 )
MKC.V' s 10-Year EV-to-EBIT Range
Min: 12   Max: 31.8
Current: 18.9
12
31.8
PEG 2.7
MKC.V's PEG is ranked lower than
62% of the 303 Companies
in the Global Packaged Foods industry.

( Industry Median: 1.76 vs. MKC.V: 2.7 )
MKC.V' s 10-Year PEG Range
Min: 1.29   Max: 5.76
Current: 2.7
1.29
5.76
Shiller P/E 28.2
MKC.V's Shiller P/E is ranked lower than
100% of the Companies
in the Global Packaged Foods industry.

( Industry Median: vs. MKC.V: 28.2 )
MKC.V' s 10-Year Shiller P/E Range
Min: 16.28   Max: 31.2
Current: 28.2
16.28
31.2

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 1.77
MKC.V's Dividend Yield is ranked lower than
56% of the 591 Companies
in the Global Packaged Foods industry.

( Industry Median: 1.98 vs. MKC.V: 1.77 )
MKC.V' s 10-Year Dividend Yield Range
Min: 0.45   Max: 3.14
Current: 1.77
0.45
3.14
Dividend Payout 0.4403
MKC.V's Dividend Payout is ranked lower than
61% of the 439 Companies
in the Global Packaged Foods industry.

( Industry Median: 0.40 vs. MKC.V: 0.4403 )
MKC.V' s 10-Year Dividend Payout Range
Min: 0.19   Max: 0.48
Current: 0.44
0.19
0.48
Dividend growth (3y) 6.6
MKC.V's Dividend growth (3y) is ranked lower than
72% of the 135 Companies
in the Global Packaged Foods industry.

( Industry Median: 10.10 vs. MKC.V: 6.6 )
MKC.V' s 10-Year Dividend growth (3y) Range
Min: 0   Max: 29.4
Current: 6.6
0
29.4
Yield on cost (5-Year) 2.74
MKC.V's Yield on cost (5-Year) is ranked higher than
65% of the 594 Companies
in the Global Packaged Foods industry.

( Industry Median: 2.07 vs. MKC.V: 2.74 )
MKC.V' s 10-Year Yield on cost (5-Year) Range
Min: 0.69   Max: 4.79
Current: 2.74
0.69
4.79
Share Buyback Rate -0.4
MKC.V's Share Buyback Rate is ranked lower than
826445% of the 121 Companies
in the Global Packaged Foods industry.

( Industry Median: 0.60 vs. MKC.V: -0.4 )
MKC.V' s 10-Year Share Buyback Rate Range
Min: 1.5   Max: -0.6
Current: -0.4

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 15.2
MKC.V's Price/Net Current Asset Value is ranked lower than
67% of the 766 Companies
in the Global Packaged Foods industry.

( Industry Median: 7.50 vs. MKC.V: 15.2 )
MKC.V' s 10-Year Price/Net Current Asset Value Range
Min: 7.6   Max: 17
Current: 15.2
7.6
17
Price/DCF (Projected) 2.1
MKC.V's Price/DCF (Projected) is ranked lower than
67% of the 237 Companies
in the Global Packaged Foods industry.

( Industry Median: 1.60 vs. MKC.V: 2.1 )
MKC.V' s 10-Year Price/DCF (Projected) Range
Min: 1.2   Max: 2
Current: 2.1
1.2
2
Price/Median PS Value 1.4
MKC.V's Price/Median PS Value is ranked lower than
77% of the 817 Companies
in the Global Packaged Foods industry.

( Industry Median: 1.10 vs. MKC.V: 1.4 )
MKC.V' s 10-Year Price/Median PS Value Range
Min: 0.7   Max: 1.4
Current: 1.4
0.7
1.4
Price/Peter Lynch Fair Value 2.7
MKC.V's Price/Peter Lynch Fair Value is ranked lower than
81% of the 138 Companies
in the Global Packaged Foods industry.

( Industry Median: 1.20 vs. MKC.V: 2.7 )
MKC.V' s 10-Year Price/Peter Lynch Fair Value Range
Min: 1.3   Max: 4.9
Current: 2.7
1.3
4.9
Earnings Yield (Greenblatt) 5.30
MKC.V's Earnings Yield (Greenblatt) is ranked lower than
62% of the 729 Companies
in the Global Packaged Foods industry.

( Industry Median: 6.70 vs. MKC.V: 5.30 )
MKC.V' s 10-Year Earnings Yield (Greenblatt) Range
Min: 3.1   Max: 8.4
Current: 5.3
3.1
8.4
Forward Rate of Return (Yacktman) 11.33
MKC.V's Forward Rate of Return (Yacktman) is ranked higher than
54% of the 252 Companies
in the Global Packaged Foods industry.

( Industry Median: 9.88 vs. MKC.V: 11.33 )
MKC.V' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 7.7   Max: 16.4
Current: 11.33
7.7
16.4

Business Description

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.
Company Website
SEC Reports
Industry: Packaged Foods
Compare:NSRGY, UL, UN, DANOY, GIS
Traded in other countries:MCX.Germany
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