McCormick & Co Inc MKC.V

Morningstar Rating
$45.00 −1.68 (3.60%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

MKC.V is trading at a LOCK|S<nRdh premium.
Price
$45.72
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
—

Trading Information

Previous Close Price
$47.94
Day Range
$45.00–46.00
52-Week Range
$44.95–72.17
Bid/Ask
$14.44 / $87.39
Shares Outstanding
269.06M
Market Cap
$12.29B
Volume/Avg
8,009 / 9,907

Key Statistics

Price/Earnings (Normalized)
14.42
Price/Sales
1.67
Dividend Yield (Trailing)
4.13%
Dividend Yield (Forward)
4.20%
Dividend Payment Schedule
Jan, Apr, Jul, Oct
Total Yield
4.37%

Company Profile

In its 135-plus-year history, McCormick has become the leading global manufacturer of spices, herbs, extracts, seasonings, and other flavorings. In addition to its namesake brand, the firm's portfolio includes Old Bay, Zatarain's, Thai Kitchen, Frank's RedHot, French's, and Cholula. This mix will be complemented by the pending addition of Unilever's food brands, primarily Knorr cooking aids and Hellmann's mayonnaise. After the deal close, the combined business is slated to generate 70% of sales from consumers and 30% from restaurants and other packaged food and beverage manufacturers. Around 40% of sales are slated to come from faster-growing emerging markets, with Europe (23%) and North America (36%) accounting for the remainder.
Sector
Consumer Defensive
Industry
Packaged Foods
Stock Style Box
Small Value
Total Number of Employees
14,100

Competitors

Valuation

Metric
MKC.V
UL
KHC
Price/Earnings (Normalized)
14.4217.589.28
Price/Book Value
1.766.940.74
Price/Sales
1.672.431.07
Price/Cash Flow
11.4919.216.87
Price/Earnings
MKC.V
UL
KHC

Financial Strength

Metric
MKC.V
UL
KHC
Quick Ratio
0.290.570.57
Current Ratio
0.780.741.06
Interest Coverage
5.29—−4.59
Quick Ratio
MKC.V
UL
KHC

Profitability

Metric
MKC.V
UL
KHC
Return on Assets (Normalized)
5.88%—3.58%
Return on Equity (Normalized)
13.73%—7.08%
Return on Invested Capital (Normalized)
8.89%—5.47%
Return on Assets
MKC.V
UL
KHC

Packaged Foods Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
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Danone SA ADR
DANOY
LOCK|#W&Rd@<LOCK|T@@?$42B
The Kraft Heinz Co
KHC
LOCK|vHT<ZqLOCK|N&<&$27B
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GIS
LOCK|$##!ZZLOCK|P>Qm$17B
JM Smucker Co
SJM
LOCK|!S!LOCK|fZ@$12B
McCormick & Co Inc Ordinary Shares (Non Voting)
MKC
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Hormel Foods Corp
HRL
LOCK|t>L@Y@LOCK|?rpnV$11B
The Magnum Ice Cream Co NV
MICC
LOCK|^>^xNyRLOCK|^S$10B
Ingredion Inc
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LOCK|@FyHsFNLOCK|cmjs$6B
The Campbell's Co
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LOCK|P%YqL>LOCK|$Th$6B

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