MK

McCormick & Company IncNYSE MKC Stock Report

Last reporting period 31 Aug, 2024

Updated 06 Nov, 2024

Last price

Market cap $B

22.497

Large

Exchange

XNYS - New York Stock Exchange, Inc

View Section: Eyestock Rating

McCormick Fair Value

MK

The fair market value of MKC stock is 92.75 USD. Relative to the market price of 76.66 USD 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

Greatly undervalued 21%
92.75 USD
MKC Fair Value
76.66 USD
Market price of MKC

McCormick Valuation

Current MKC share ticker price is 76.66 USD.

The fair value level of 92.75 USD can be considered as an effective entry point for long-term investors to start investing in MKC 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.

Price chart is not available

1y
3y
5y
All time
Market price

Current market price

Fair value

Current price is 21% lower its fair value

Min value

Current price is 3% lower its minimum value

Max value

Current price is 31% lower its maximum 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 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

=

100.48 USD

Fair value

2

x

4

=

92.75 USD

Minimum value

3

x

4

=

78.8 USD

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 stock is less volatile than the broader market

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View Section: Profitability