As of 2024-07-27, the Fair Value of McCormick & Company Inc (MKC) is 13.76 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 75.79 USD, the upside of McCormick & Company Inc is -81.84%.
Peter Lynch's formula is:
The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.
| Historical Earnings | ||||||
| 2019-11-30 | 2020-11-30 | 2021-11-30 | 2022-11-30 | 2023-11-30 | 5Y Avg | |
| Net income | 702.70 | 747.40 | 755.30 | 682.00 | 680.60 | 713.60 |
| YoY growth | -24.72% | 6.36% | 1.06% | -9.70% | -0.21% | -5.44% |
| Market Cap (mil) | 20,363.26 |
| P/E | 27.53x |
| Forward P/E | 28.94x |
| EPS | 2.75 |
| Avg earnings growth rate | -5.44% |
| TTM earnings | 739.60 |