-0.55%
1.46%
-1.14%
0.44%
13.48%
-22.89%
-5.30%
AI Spotlight on MKC
Company Description
McCormick & Company, Incorporated manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry.It operates in two segments, Consumer and Flavor Solutions.The Consumer segment offers spices, herbs, and seasonings, as well as condiments and sauces, and desserts.
This segment markets its products under the McCormick, French's, Frank's RedHot, Lawry's Cholula Hot Sauce, Gourmet Garden, Club House, and OLD BAY brands in the Americas; Ducros, Schwartz, Kamis, and Drogheria & Alimentari, and Vahiné brands in Europe, the Middle East, and Africa; McCormick and DaQiao brands in China; and McCormick, Aeroplane, and Gourmet Garden brands in Australia, as well as markets regional and ethnic brands, such as Zatarain's, Stubb's, Thai Kitchen, and Simply Asia.It also supplies its products under the private labels.This segment serves retailers comprising grocery, mass merchandise, warehouse clubs, discount and drug stores, and e-commerce retailers directly and indirectly through distributors and wholesale foodservice suppliers.
The Flavor Solutions segment offers seasoning blends, spices and herbs, condiments, coating systems, and compound flavors to multinational food manufacturers and foodservice customers.It serves foodservice customers directly and indirectly through distributors.The company was founded in 1889 and is headquartered in Hunt Valley, Maryland.
Market Data
| Last Price | 77.35 |
| Change Percentage | -0.55% |
| Open | 77.2 |
| Previous Close | 77.78 |
| Market Cap ( Millions) | 20736 |
| Volume | 551987 |
| Year High | 85.49 |
| Year Low | 64.33 |
| M A 50 | 76.65 |
| M A 200 | 76.28 |
Financial Ratios
| FCF Yield | 3.12% |
| Dividend Yield | 2.21% |
| ROE | 14.83% |
| Debt / Equity | 82.06% |
| Net Debt / EBIDTA | 317.65% |
| Price To Book | 3.92 |
| Price Earnings Ratio | 26.3 |
| Price To FCF | 32.01 |
| Price To sales | 3.08 |
| EV / EBITDA | 19.01 |
News
- Jan -29 - My Best Dividend Aristocrats For February 2025
- Jan -28 - McCormick & Company to Present at Consumer Analyst Group of New York Conference
- Jan -25 - McCormick: Visible Neat-Term Headwinds Prevent Me From Upgrading To Buy
- Jan -23 - McCormick & Company, Incorporated (MKC) Q4 2024 Earnings Call Transcript
- Jan -23 - Not Backing Away From McCormick
- Jan -23 - McCormick EPS Beats Q4 Estimates
- Jan -23 - McCormick (MKC) Reports Q4 Earnings: What Key Metrics Have to Say
- Jan -23 - McCormick Q4 Earnings & Sales Beat Estimates, Organic Sales Grow
- Jan -23 - McCormick (MKC) Beats Q4 Earnings and Revenue Estimates
- Jan -23 - Cholula maker McCormick forecasts tepid annual sales, profit on slowing demand, rising expenses
- Jan -23 - McCORMICK REPORTS STRONG 2024 FINANCIAL RESULTS AND PROVIDES 2025 OUTLOOK
- Jan -23 - McCormick Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
- Jan -20 - McCormick Set to Release Q4 Earnings: Should You Expect a Beat?
- Jan -16 - McCormick (MKC) Expected to Beat Earnings Estimates: Should You Buy?
- Jan -16 - 3 Defensive Stocks Analysts Are Bullish on to Kick Off the Year
- Jan -10 - Citizens for Judicial Fairness Slams Exorbitant Lawyers' Fees Awarded by Chancery Court Chancellor Kathaleen McCormick
- Jan -02 - McCormick & Company to Report 2024 Fourth Quarter Financial Results on January 23, 2025
- Dec -31 - My Best Dividend Aristocrats For January 2025
- Dec -17 - McCormick Eyes $1 Billion Deal To Acquire Duke's Mayonnaise Maker
- Dec -17 - Spice Maker McCormick Reportedly in Talks to Buy Duke's Mayo Parent Sauer Brands
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Consumer
Expected Growth : 3 %
What the company do ?
The Consumer segment from McCormick & Company, Incorporated refers to the business unit that manufactures, markets, and distributes spices, seasonings, and flavorings for retail consumers.
Why we expect these perspectives ?
McCormick's 3% consumer segment growth is driven by increasing demand for flavorful and convenient meals, particularly among millennials and Gen Z. The company's strategic acquisitions, such as Frank's RedHot and Cholula, have expanded its portfolio of iconic brands. Additionally, investments in e-commerce and digital marketing have enhanced customer engagement and accessibility.
Segment n°2 -> Flavor Solutions
Expected Growth : 3 %
What the company do ?
Flavor Solutions from McCormick & Company, Incorporated provides customized flavor systems and ingredients to food manufacturers, restaurants, and foodservice providers.
Why we expect these perspectives ?
McCormick's Flavor Solutions segment growth is driven by increasing demand for convenient and flavorful meal solutions, expansion in emerging markets, and strategic acquisitions. Additionally, the company's focus on innovation, particularly in clean label and organic products, is resonating with consumers, contributing to the 3% growth rate.
Mccormick & Company, Incorporated Products
| Product Range | What is it ? |
|---|---|
| Spices and Seasonings | A wide range of spices, seasonings, and herbs used to add flavor and aroma to various dishes |
| Flavor Solutions | Customized flavor systems for food manufacturers, restaurants, and foodservice providers |
| Herbs and Botanicals | Dried and fresh herbs, botanicals, and extracts used in food, beverages, and pharmaceuticals |
| Meat and Poultry Seasonings | Blended seasonings and marinades for meat, poultry, and seafood |
| Snack Seasonings | Flavorings and seasonings for snack foods, such as potato chips, crackers, and nuts |
| Baking Products | Baking spices, flavorings, and ingredients for baked goods and desserts |
| Flavor Enhancers | Natural and artificial flavor enhancers for food and beverages |
McCormick & Company, Incorporated's Porter Forces
Threat Of Substitutes
The threat of substitutes for McCormick & Company, Incorporated is medium due to the presence of alternative spice and seasoning products from other companies.
Bargaining Power Of Customers
The bargaining power of customers for McCormick & Company, Incorporated is low due to the company's strong brand recognition and customer loyalty.
Bargaining Power Of Suppliers
The bargaining power of suppliers for McCormick & Company, Incorporated is medium due to the company's dependence on a few large suppliers for raw materials.
Threat Of New Entrants
The threat of new entrants for McCormick & Company, Incorporated is low due to the high barriers to entry in the spice and seasoning industry.
Intensity Of Rivalry
The intensity of rivalry for McCormick & Company, Incorporated is high due to the presence of several large competitors in the spice and seasoning industry.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 47.57% |
| Debt Cost | 5.80% |
| Equity Weight | 52.43% |
| Equity Cost | 7.54% |
| WACC | 6.71% |
| Leverage | 90.72% |
McCormick & Company, Incorporated : Quality Control
McCormick & Company, Incorporated passed 4 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| LANC | Lancaster Colony Corporation manufactures and markets food products for the retail and foodservice markets in the United States. The company operates in two segments, Retail and Foodservice. It offers frozen … |
| SMPL | The Simply Good Foods Company operates as a consumer packaged food and beverage company in North America and internationally. The company develops, markets, and sells snacks and meal replacements. It … |
| FRPT | Freshpet, Inc. manufactures and markets natural fresh meals and treats for dogs and cats in the United States, Canada, and Europe. The company sells its products under the Freshpet brand; … |
| BRBR | BellRing Brands, Inc., together with its subsidiaries, provides various nutrition products in the United States and internationally. It offers ready-to-drink shake and powder protein products primarily under the Premier Protein … |
| HRL | Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and food products to retail, foodservice, deli, and commercial customers in the United States and internationally. The company operates through … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
🥇
Hormel Foods
A-Score
1-Year Total Return ->
🥈
McCormick
A-Score
1-Year Total Return ->
🥉
Lancaster Colony
A-Score
1-Year Total Return ->
4
BellRing Brands
A-Score
1-Year Total Return ->
5
Simply Good Foods
A-Score
1-Year Total Return ->
6
