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MKC (McCormick) EV-to-EBITDA : 20.06 (As of Dec. 13, 2024)


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What is McCormick EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, McCormick's enterprise value is $26,226 Mil. McCormick's EBITDA for the trailing twelve months (TTM) ended in Aug. 2024 was $1,308 Mil. Therefore, McCormick's EV-to-EBITDA for today is 20.06.

The historical rank and industry rank for McCormick's EV-to-EBITDA or its related term are showing as below:

MKC' s EV-to-EBITDA Range Over the Past 10 Years
Min: 14.88   Med: 21.91   Max: 27.71
Current: 20.06

During the past 13 years, the highest EV-to-EBITDA of McCormick was 27.71. The lowest was 14.88. And the median was 21.91.

MKC's EV-to-EBITDA is ranked worse than
74.97% of 1594 companies
in the Consumer Packaged Goods industry
Industry Median: 10.865 vs MKC: 20.06

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-12-13), McCormick's stock price is $80.56. McCormick's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Aug. 2024 was $2.940. Therefore, McCormick's PE Ratio (TTM) for today is 27.40.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


McCormick EV-to-EBITDA Historical Data

The historical data trend for McCormick's EV-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

McCormick EV-to-EBITDA Chart

McCormick Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.33 25.00 22.97 23.95 18.10

McCormick Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.75 18.10 18.40 18.84 19.80

Competitive Comparison of McCormick's EV-to-EBITDA

For the Packaged Foods subindustry, McCormick's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


McCormick's EV-to-EBITDA Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, McCormick's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where McCormick's EV-to-EBITDA falls into.



McCormick EV-to-EBITDA Calculation

McCormick's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=26225.579/1307.6
=20.06

McCormick's current Enterprise Value is $26,226 Mil.
McCormick's EBITDA for the trailing twelve months (TTM) ended in Aug. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,308 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


McCormick  (NYSE:MKC) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

McCormick's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=80.56/2.940
=27.40

McCormick's share price for today is $80.56.
McCormick's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Aug. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.940.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


McCormick EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of McCormick's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


McCormick Business Description

Address
24 Schilling Road, Suite 1, Hunt Valley, MD, USA, 21031
In its 135-year history, McCormick has grown to become the leading global manufacturer, marketer, and distributor of spices, herbs, extracts, seasonings, and other flavorings. Beyond consumers, McCormick's customer base also includes top quick-service restaurants, retail grocery chains, and other packaged food and beverage manufacturers. And its reach is extensive, with nearly 40% of sales generated beyond its home turf to include 150 other countries and territories. In addition to its namesake brand, the firm's portfolio includes Old Bay, Zatarain's, Thai Kitchen, Frank's RedHot, French's, and Cholula, among others.
Executives
Jacques Tapiero director MCCORMICK & COMPANY, INC., SPARKS MD 21152
Michael D Mangan director 2041 ISLA VISTA LANE, NAPLES FL 34105
Maritza Gomez Montiel director C/O APTARGROUP, INC., 265 EXCHANGE DRIVE, SUITE 100, CRYSTAL LAKE IL 60014
Lawrence Erik Kurzius director, officer: Chairman, President & CEO 18 LOVETON CIRCLE, SPARKS MD 21152
Katherine Jenkins officer: C.S.O. & SVP Investor Relation 24 SCHILLING ROAD, SUITE 1, HUNT VALLEY MD 21031
Patricia A Little director 999 W BIG BEAVER ROAD, TROY MI 48084
Jeffery D Schwartz officer: Vice President, Gen Counsel 18 LOVETON CIRCLE, SPARKS MD 21152
Andrew Foust officer: President, Americas 24 SCHILLING ROAD, SUITE 1, HUNT VALLEY MD 21031
Ana Sanchez officer: President EMEA 24 SCHILLING ROAD, SUITE 1, HUNT VALLEY MD 21031
Sarah Piper officer: Chief Human Relations Officer 24 SCHILLING ROAD, SUITE 1, HUNT VALLEY MD 21031
Brendan M Foley officer: President Global Consumer 18 LOVETON CIRCLE, SPARKS MD 21152
Preston Margaret M V director MERCANTILE-SAFE DEPOSIT & TRUST CO, 2 HOPKINS PLZ, BALTIMORE MD 21201
Michael R Smith officer: Executive VP & CFO 18 LOVETON CIRCLE, SPARKS MD 21152
Malcolm Swift officer: President Global Industrial & 18 LOVETON CIRCLE, SPARKS MD 21152
Lisa Manzone officer: Sr. VP Global Human Relations 18 LOVETON CIRCLE, SPARKS MD 21152