McCormick & Co., Inc. - Ordinary Shares (Non Voting)

McCormick & Co., Inc. - Ordinary Shares (Non Voting)

MKC

Market Cap$0
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
McCormick & Co., Inc. - Ordinary Shares (Non Voting)McCormick & Co., Inc. - Ordinary Shares (Non Voting)262.29%14%30.7

Earnings Call Q2 2024

June 27, 2024 - AI Summary

McCormick reported a 1% decline in sales for the second quarter, driven by flat pricing and a 1% decline in volume and product mix.
The Consumer segment showed improved volume growth across major markets, particularly in spices and seasonings. However, Flavor Solutions experienced softness in volumes due to slower QSR traffic and customer activities.
The company remains focused on increasing brand marketing investments, accelerating innovation, expanding distribution, and managing price gaps to drive volume growth.

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$67.48

Current Fair Value

9.8% downside

Overvalued by 9.8% based on the discounted cash flow analysis.

Share Statistics

Market cap-
Enterprise Value-
Dividend Yield$1.8 (2.2873668989089%)
Earnings per Share$2.94
Beta0.74
Outstanding Shares268,300,000

Return

Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio26.01
PEG-1166.76
Price to Sales2.99
Price to Book Ratio3.74
Enterprise Value to Revenue-
Enterprise Value to EBIT-
Enterprise Value to Net Income0
Total Debt to Enterprise-
Debt to Equity0.66

Revenue Sources

No data

Insider Trades

ESG Score

No data

About McCormick & Co., Inc.

CEO: Lawrence Kurzius