EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, McCormick's Enterprise Value is $25,088 Mil.
McCormick's EBIT for the trailing twelve months (TTM) ended in May. 2023 was $1,030 Mil. Therefore, McCormick's EV-to-EBIT for today is 24.36.
The historical rank and industry rank for McCormick's EV-to-EBIT or its related term are showing as below:
MKC'
s EV-to-EBIT Range Over the Past 10 Years
Min: 16.23 Med: 25.35 Max: 32.87
Current: 24.36
During the past 13 years, the highest EV-to-EBIT of McCormick was 32.87. The lowest was 16.23. And the median was 25.35.
MKC's EV-to-EBIT is ranked worse than 72.04% of 1434
companies
in the Consumer Packaged Goods industry
Industry Median: 14.92
vs MKC: 24.36
Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. McCormick's Enterprise Value for the quarter that ended in May. 2023 was $27,760 Mil.
McCormick's EBIT for the trailing twelve months (TTM) ended in May. 2023 was $1,030 Mil. McCormick's Earnings Yield (Joel Greenblatt) % for the quarter that ended in May. 2023 was 3.71%.
McCormick EV-to-EBIT Historical Data
The historical data trend for McCormick's EV-to-EBIT 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 Annual Data
Trend
Nov13
Nov14
Nov15
Nov16
Nov17
Nov18
Nov19
Nov20
Nov21
Nov22
EV-to-EBIT
26.67
27.10
29.05
27.11
28.94
McCormick Quarterly Data
Aug18
Nov18
Feb19
May19
Aug19
Nov19
Feb20
May20
Aug20
Nov20
Feb21
May21
Aug21
Nov21
Feb22
May22
Aug22
Nov22
Feb23
May23
EV-to-EBIT
32.29
28.42
28.94
25.86
26.96
Competitive Comparison
For the Packaged Foods subindustry, McCormick's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT Distribution
For the Consumer Packaged Goods industry and Consumer Defensive sector, McCormick's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where McCormick's EV-to-EBIT falls in comparison to its industry or sector. The grey bar indicates the EV-to-EBIT's extreme value range as defined by GuruFocus.
McCormick EV-to-EBIT Calculation
McCormick's EV-to-EBIT for today is calculated as:
McCormick's current Enterprise Value is $25,088 Mil.
McCormick's EBIT for the trailing twelve months (TTM) ended in May. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,030 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-EBIT Explanation
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
McCormick's Enterprise Value for the quarter that ended in May. 2023 was $27,760 Mil.
McCormick's EBIT for the trailing twelve months (TTM) ended in May. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,030 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 EV-to-EBIT Related Terms
Thank you for viewing the detailed overview of McCormick's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.
In its more-than 130-year history, McCormick has grown to become the leading global manufacturer, marketer, and distributor of spices, herbs, extracts, seasonings, and other flavorings. Beyond end 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 global, 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 the Cholula brand.
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