MCCORMICK & COMPANY, INCORPORATED Financials McCormick & Company, Incorporated Börse Stuttgart
Equities
MCX
US5797802064
Food Processing
|
Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
| 63.81 EUR | -0.20% |
|
+1.11% | +4.17% |
| 12:25pm | Jefferies Adjusts Price Target on McCormick & Co. to $73 From $77, Keeps Hold Rating | MT |
| Jun. 14 | JPMorgan Adjusts Price Target on McCormick & Co. to $60 From $62 | MT |
Valuation
| Fiscal Period: November | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 22,491 | 24,918 | 22,956 | 22,825 | 17,390 | 18,480 | - | - |
| Enterprise Value (EV) 1 | 26,660 | 29,399 | 27,887 | 27,641 | 21,635 | 22,457 | 22,283 | 22,147 |
| P/E ratio | 32.3 x | 33.6 x | 30.7 x | 33.8 x | 25.7 x | 24.4 x | 22.5 x | 20.7 x |
| Yield | 1.35% | 1.33% | 1.58% | 1.74% | - | 2.43% | 2.58% | 2.75% |
| Capitalization / Revenue | 4.21 x | 4.45 x | 3.63 x | 3.59 x | 2.61 x | 2.77 x | 2.69 x | 2.61 x |
| EV / Revenue | 4.99 x | 5.25 x | 4.41 x | 4.35 x | 3.25 x | 3.36 x | 3.24 x | 3.12 x |
| EV / EBITDA | 23.4 x | 24.8 x | 21.7 x | 24.7 x | 17.7 x | 17.7 x | 16.6 x | 15.6 x |
| EV / FCF | 34.5 x | 36 x | 50.7 x | 71 x | 22.2 x | 26.3 x | 25.5 x | 23.1 x |
| FCF Yield | 2.9% | 2.78% | 1.97% | 1.41% | 4.5% | 3.8% | 3.92% | 4.33% |
| Price to Book | 6.52 x | 6.36 x | 5.2 x | 4.88 x | 3.44 x | 3.41 x | 3.21 x | 3.03 x |
| Nbr of stocks (in thousands) | 265,824 | 266,823 | 267,318 | 268,207 | 268,332 | 266,019 | - | - |
| Reference price 2 | 84.62 | 93.49 | 85.82 | 85.18 | 64.83 | 69.48 | 69.48 | 69.48 |
| Announcement Date | 1/28/20 | 1/28/21 | 1/27/22 | 1/26/23 | 1/25/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: November | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 5,347 | 5,601 | 6,318 | 6,350 | 6,662 | 6,676 | 6,881 | 7,094 |
| EBITDA 1 | 1,137 | 1,184 | 1,288 | 1,118 | 1,224 | 1,268 | 1,343 | 1,418 |
| EBIT 1 | 978.5 | 1,019 | 1,102 | 917.4 | 1,024 | 1,070 | 1,139 | 1,215 |
| Operating Margin | 18.3% | 18.19% | 17.43% | 14.45% | 15.37% | 16.03% | 16.55% | 17.13% |
| Earnings before Tax (EBT) 1 | 819.2 | 881.5 | 895.8 | 812.8 | 798.7 | 919.5 | 996.1 | 1,094 |
| Net income 1 | 702.7 | 747.4 | 755.3 | 682 | 680.6 | 763.1 | 811.8 | 888.4 |
| Net margin | 13.14% | 13.34% | 11.95% | 10.74% | 10.22% | 11.43% | 11.8% | 12.52% |
| EPS 2 | 2.620 | 2.780 | 2.800 | 2.520 | 2.520 | 2.849 | 3.091 | 3.359 |
| Free Cash Flow 1 | 773.1 | 816 | 550 | 389.5 | 973.4 | 853.1 | 873.4 | 958.1 |
| FCF margin | 14.46% | 14.57% | 8.71% | 6.13% | 14.61% | 12.78% | 12.69% | 13.51% |
| FCF Conversion (EBITDA) | 67.98% | 68.93% | 42.71% | 34.84% | 79.56% | 67.29% | 65.05% | 67.57% |
| FCF Conversion (Net income) | 110.02% | 109.18% | 72.82% | 57.11% | 143.02% | 111.79% | 107.59% | 107.85% |
| Dividend per Share 2 | 1.140 | 1.240 | 1.360 | 1.480 | - | 1.689 | 1.796 | 1.912 |
| Announcement Date | 1/28/20 | 1/28/21 | 1/27/22 | 1/26/23 | 1/25/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: November | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,730 | 1,522 | 1,537 | 1,596 | 1,696 | 1,566 | 1,659 | 1,685 | 1,753 | 1,603 | 1,630 | 1,671 | 1,774 | 1,642 | 1,677 |
| EBITDA 1 | 355.9 | 276.1 | 223 | 288.6 | 330.3 | 274.6 | 283.8 | 304.9 | 360.2 | 283.5 | 277.8 | 315.2 | 382.3 | 303.9 | 295.2 |
| EBIT 1 | 308.7 | 227.1 | 173.8 | 238.6 | 277.9 | 226.8 | 235 | 251.1 | 311.3 | 237.7 | 226.7 | 265.3 | 333.5 | 255.3 | 245.1 |
| Operating Margin | 17.84% | 14.92% | 11.31% | 14.95% | 16.39% | 14.49% | 14.16% | 14.9% | 17.76% | 14.83% | 13.91% | 15.88% | 18.8% | 15.55% | 14.62% |
| Earnings before Tax (EBT) 1 | 248.2 | 180 | 129.8 | 274.7 | 228.3 | 159.5 | 182.1 | 199.4 | 257.7 | 194.3 | 190 | 228.6 | 296.5 | - | - |
| Net income 1 | 197.4 | 154.9 | 118.5 | 222.9 | 185.7 | 139.1 | 152.1 | 170.1 | 219.3 | 166 | 159.5 | 197.4 | 245.4 | - | - |
| Net margin | 11.41% | 10.17% | 7.71% | 13.97% | 10.95% | 8.89% | 9.17% | 10.1% | 12.51% | 10.36% | 9.79% | 11.81% | 13.84% | - | - |
| EPS 2 | 0.7300 | 0.5700 | 0.4400 | 0.8200 | 0.6900 | 0.5200 | 0.5600 | 0.6300 | 0.8100 | 0.6200 | 0.6033 | 0.7267 | 0.9400 | - | - |
| Dividend per Share 2 | 0.3400 | 0.3700 | 0.3700 | 0.3700 | 0.3700 | 0.3900 | 0.3900 | - | - | - | 0.4210 | 0.4210 | 0.4210 | 0.4405 | 0.4410 |
| Announcement Date | 1/27/22 | 3/29/22 | 6/29/22 | 10/6/22 | 1/26/23 | 3/28/23 | 6/29/23 | 10/3/23 | 1/25/24 | 3/26/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: November | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 4,169 | 4,481 | 4,931 | 4,816 | 4,245 | 3,978 | 3,803 | 3,668 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 3.666 x | 3.785 x | 3.829 x | 4.307 x | 3.469 x | 3.137 x | 2.832 x | 2.586 x |
| Free Cash Flow 1 | 773 | 816 | 550 | 390 | 973 | 853 | 873 | 958 |
| ROE (net income / shareholders' equity) | 21.7% | 20.3% | 18.1% | 15% | 14.9% | 14.5% | 14.6% | 15.1% |
| ROA (Net income/ Total Assets) | 6.82% | 6.66% | 6.04% | 5.24% | 5.6% | 5.88% | 6.26% | 6.55% |
| Assets 1 | 10,309 | 11,226 | 12,498 | 13,015 | 12,159 | 12,984 | 12,977 | 13,569 |
| Book Value Per Share 2 | 13.00 | 14.70 | 16.50 | 17.50 | 18.90 | 20.40 | 21.60 | 22.90 |
| Cash Flow per Share 2 | 3.530 | 3.870 | 3.070 | 2.410 | 4.590 | 3.660 | 3.870 | 4.120 |
| Capex 1 | 174 | 225 | 278 | 262 | 264 | 261 | 254 | 260 |
| Capex / Sales | 3.25% | 4.02% | 4.4% | 4.13% | 3.96% | 3.92% | 3.69% | 3.67% |
| Announcement Date | 1/28/20 | 1/28/21 | 1/27/22 | 1/26/23 | 1/25/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
HOLD
Number of Analysts
16
Last Close Price
69.48
USD
Average target price
74.94
USD
Spread / Average Target
+7.86%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -2.68% | 280B | |
| -9.03% | 88.64B | |
| +0.99% | 40.76B | |
| -11.87% | 39.97B | |
| +2.48% | 37.42B | |
| -2.28% | 37.02B | |
| -17.88% | 29.75B | |
| -4.15% | 29.35B | |
| +5.41% | 23.53B |
- Stock Market
- Equities
- MKC Stock
- MCX Stock
- Financials McCormick & Company, Incorporated
