MK

McCormick & Company IncMOEX MKC-RM Stock Report

Last reporting period 31 Aug, 2024

Updated —

Last price

Market cap $B

22.497

Large

Exchange

MISX - Moscow Exchange

View Section: Eyestock Rating

McCormick Fair Value

MK

The fair market value of MKC-RM.ME stock is 9106.08 RUB. Relative to the market price of 0 RUB McCormick is undervalued by 21%

Eyestock's quantitative valuation approach is based on the method of estimating historical multipliers. To determine whether a stock is undervalued, we compare its current price to our estimated of fair value. The more undervalued a stock is, the more investment is profitable.

Fair Relative Value

McCormick Valuation

The fair value level of 9106.08 RUB can be considered as an effective entry point for long-term investors to start investing in MKC-RM.ME stock. For a more in-depth assessment, we provide a minimum value that can be used to increase a stock position and a maximum one that can be used to reduce it.

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Market price

Current market price

Fair value

Min value

Max value

07.11.2024

Market price:

* Eyestock is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on eyestock.io represent a recommendation to buy or sell a security.

MKC-RM.ME stock is greatly undervalued

It means the current price may concern as a Low Risk Entry Point

McCormick & Company Inc Stock Valuation Calculator

How do we value a stock?

As fair value, we use the product of the median Price-to-earnings ratios at the end of each reporting period for the last 5 years and earnings per share for the last 12 months. By analogy with the fair value, we calculate the maximum and minimum ones using the corresponding P/E extremums.

1

Maximum P/E over 5 years

34.03

2

Median P/E over 5 years

31.41

3

Minimum P/E over 5 years

26.68

4

Earning per share (last 12 months)

2.95 USD

Maximum value

1

x

4

=

9 865.14 RUB

Fair value

2

x

4

=

9 106.08 RUB

Minimum value

3

x

4

=

7 736.16 RUB

McCormick & Company Inc price metrics

-0.12

Annual return (geometric mean)

26.27

Risk (standard deviation) of returns

β

0.76

Beta (volatility compared to market)

It means that MKC-RM.ME stock is less volatile than the broader market

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View Section: Profitability