McCormick Valuation
Is MKC * undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
1/6Valuation Score 1/6
Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast
Share Price vs Fair Value
What is the Fair Price of MKC * when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: MKC * (MX$1628) is trading below our estimate of fair value (MX$1737.52)
Significantly Below Fair Value: MKC * is trading below fair value, but not by a significant amount.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for MKC *?
Other financial metrics that can be useful for relative valuation.
| What is MKC *'s n/a Ratio? | |
|---|---|
| n/a | 0x |
| n/a | n/a |
| Market Cap | US$22.36b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 4x |
| Enterprise Value/EBITDA | 21.6x |
| PEG Ratio | 4.3x |
Price to Earnings Ratio vs Peers
How does MKC *'s PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 15.5x | ||
BIMBO A Grupo Bimbo. de | 22.5x | 13.5% | Mex$295.9b |
GRUMA B Gruma. de | 13.9x | 6.1% | Mex$131.6b |
BACHOCO B Industrias Bachoco. de | 14x | n/a | Mex$50.9b |
BAFAR B Grupo Bafar. de | 11.4x | n/a | Mex$36.3b |
MKC * McCormick | 30.2x | 7.0% | Mex$22.4b |
Price-To-Earnings vs Peers: MKC * is expensive based on its Price-To-Earnings Ratio (30.2x) compared to the peer average (15.5x).
Price to Earnings Ratio vs Industry
How does MKC *'s PE Ratio compare vs other companies in the South American Food Industry?
Price-To-Earnings vs Industry: MKC * is expensive based on its Price-To-Earnings Ratio (30.2x) compared to the South American Food industry average (11x).
Price to Earnings Ratio vs Fair Ratio
What is MKC *'s PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 30.2x |
| Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate MKC *'s Price-To-Earnings Fair Ratio for valuation analysis.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | Mex$1,628.00 | Mex$1,550.81 -4.7% | 12.2% | Mex$1,844.39 | Mex$1,164.88 | n/a | 16 |
| Sep ’25 | n/a | Mex$1,497.80 0% | 10.8% | Mex$1,831.24 | Mex$1,181.44 | n/a | 16 |
| Aug ’25 | n/a | Mex$1,362.97 0% | 10.0% | Mex$1,681.59 | Mex$1,084.90 | n/a | 16 |
| Jul ’25 | n/a | Mex$1,373.45 0% | 10.2% | Mex$1,701.48 | Mex$1,097.73 | n/a | 16 |
| Jun ’25 | n/a | Mex$1,277.88 0% | 10.0% | Mex$1,563.46 | Mex$1,053.63 | n/a | 16 |
| May ’25 | n/a | Mex$1,264.52 0% | 10.0% | Mex$1,537.84 | Mex$1,036.37 | n/a | 17 |
| Apr ’25 | n/a | Mex$1,237.07 0% | 10.7% | Mex$1,529.43 | Mex$947.58 | n/a | 17 |
| Mar ’25 | n/a | Mex$1,216.42 0% | 11.1% | Mex$1,489.27 | Mex$975.73 | n/a | 17 |
| Feb ’25 | n/a | Mex$1,220.01 0% | 11.4% | Mex$1,486.53 | Mex$973.93 | n/a | 16 |
| Jan ’25 | n/a | Mex$1,266.54 0% | 10.8% | Mex$1,477.28 | Mex$1,001.83 | n/a | 16 |
| Dec ’24 | n/a | Mex$1,317.46 0% | 11.0% | Mex$1,530.56 | Mex$1,037.97 | n/a | 15 |
| Nov ’24 | n/a | Mex$1,359.36 0% | 11.1% | Mex$1,580.65 | Mex$1,071.94 | n/a | 15 |
| Oct ’24 | n/a | Mex$1,490.19 0% | 12.7% | Mex$1,753.17 | Mex$1,104.50 | n/a | 15 |
| Sep ’24 | n/a | Mex$1,469.67 0% | 14.1% | Mex$1,704.34 | Mex$1,073.73 | n/a | 13 |
| Aug ’24 | n/a | Mex$1,459.85 0% | 13.9% | Mex$1,706.00 | Mex$1,074.78 | n/a | 14 |
| Jul ’24 | n/a | Mex$1,444.27 0% | 14.5% | Mex$1,711.95 | Mex$1,078.53 | n/a | 14 |
| Jun ’24 | n/a | Mex$1,367.59 0% | 12.4% | Mex$1,715.77 | Mex$1,114.37 | n/a | 13 |
| May ’24 | n/a | Mex$1,410.62 0% | 13.5% | Mex$1,750.61 | Mex$1,136.99 | n/a | 13 |
| Apr ’24 | n/a | Mex$1,399.34 0% | 12.4% | Mex$1,755.61 | Mex$1,140.24 | n/a | 13 |
| Mar ’24 | n/a | Mex$1,421.36 0% | 12.3% | Mex$1,707.21 | Mex$1,176.08 | n/a | 13 |
| Feb ’24 | Mex$1,814.00 | Mex$1,401.18 -22.8% | 12.1% | Mex$1,688.34 | Mex$1,163.08 | n/a | 13 |
| Jan ’24 | n/a | Mex$1,539.43 0% | 12.5% | Mex$1,858.45 | Mex$1,212.88 | n/a | 13 |
| Dec ’23 | n/a | Mex$1,526.01 0% | 13.1% | Mex$1,859.83 | Mex$1,201.14 | n/a | 13 |
| Nov ’23 | n/a | Mex$1,552.04 0% | 12.5% | Mex$1,922.52 | Mex$1,241.63 | n/a | 12 |
| Oct ’23 | n/a | Mex$1,615.82 0% | 12.6% | Mex$1,948.93 | Mex$1,232.99 | n/a | 12 |
| Sep ’23 | n/a | Mex$1,691.46 0% | 11.3% | Mex$1,944.44 | Mex$1,230.15 | n/a | 12 |
Analyst Forecast: Target price is lower than the current share price.