MKC
McCormick & Company Inc
Price:  
68.86 
USD
Volume:  
2,698,149.00
United States | Food Products
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McCormick Fair Value

-81.58 %
Upside

As of 2024-03-01, the Fair Value of McCormick & Company Inc (MKC) is 12.69 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 68.86 USD, the upside of McCormick & Company Inc is -81.58%.

68.86 USD
Stock Price
12.69 USD
Fair Price
FAIR VALUE CALCULATION

McCormick Fair Value

Peter Lynch's formula is:

McCormick Fair Value
= Earnings Growth Rate x TTM EPS
McCormick Fair Value
= 5.00 x 2.54
McCormick Fair Value
= 12.69

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%

McCormick Fair Value - Key Data

Market Cap (mil) 18,471.01
P/E 27.14x
Forward P/E 25.14x
EPS 2.54
Avg earnings growth rate -5.44%
TTM earnings 680.60