McCormick Company Financials
| MKC Etf | USD 77.28 0.30 0.39% |
Operating Margin 0.1728 | PE Ratio 26.3878 | Profit Margin 0.1187 | Payout Ratio 0.56 | Short Ratio 2.36 |
McCormick |
The data published in McCormick Company's official financial statements typically reflect McCormick Company's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving McCormick Company's quantitative information. For example, before you start analyzing numbers published by McCormick accountants, it's essential to understand McCormick Company's liquidity, profitability, and earnings quality within the context of the Food Products space in which it operates.
Please note, the presentation of McCormick Company's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, McCormick Company's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of McCormick Company's management manipulating its earnings.
McCormick Company Etf Summary
McCormick Company competes with ConAgra Foods, Campbell Soup, Kellanova, General Mills, and Hormel Foods. McCormick Company, Incorporated manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry. Mccormick is listed under Packaged Foods in the United States and is traded on New York Stock Exchange exchange.Specialization | Consumer Defensive, Food, Beverage & Tobacco |
| Instrument | USA Etf View All |
| Exchange | New York Stock Exchange |
| ISIN | US5797802064 |
| CUSIP | 579780206 |
| Region | Others |
| Investment Issuer | Others |
| Location | Maryland; U.S.A |
| Business Address | 24 Schilling Road, |
| Etf Family | Food Products |
| Fund Category | Others |
| Portfolio Concentration | Others |
| Benchmark | Dow Jones Industrial |
| Website | www.mccormickcorporation.com |
| Phone | 410 771 7301 |
| Currency | USD - US Dollar |
McCormick Company Key Financial Ratios
| Return On Equity | 0.15 | ||||
| Return On Asset | 0.0516 | ||||
| Target Price | 84.78 | ||||
| Beta | 0.76 | ||||
| Last Dividend Paid | 1.65 |
McCormick Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining McCormick Company's current stock value. Our valuation model uses many indicators to compare McCormick Company value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across McCormick Company competition to find correlations between indicators driving McCormick Company's intrinsic value. More Info.McCormick Company Incorporated is regarded second largest ETF in price to earning as compared to similar ETFs. It is regarded third largest ETF in price to book as compared to similar ETFs fabricating about 0.12 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for McCormick Company Incorporated is roughly 8.64 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the McCormick Company's earnings, one of the primary drivers of an investment's value.McCormick Company Systematic Risk
McCormick Company's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. McCormick Company volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on McCormick Company correlated with the market. If Beta is less than 0 McCormick Company generally moves in the opposite direction as compared to the market. If McCormick Company Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one McCormick Company is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of McCormick Company is generally in the same direction as the market. If Beta > 1 McCormick Company moves generally in the same direction as, but more than the movement of the benchmark.
McCormick Company Thematic Clasifications
McCormick Company Incorporated is part of several thematic ideas from Food Products to Dividend Beast. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasMcCormick Company November 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of McCormick Company help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of McCormick Company Incorporated. We use our internally-developed statistical techniques to arrive at the intrinsic value of McCormick Company Incorporated based on widely used predictive technical indicators. In general, we focus on analyzing McCormick Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build McCormick Company's daily price indicators and compare them against related drivers.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 4.93 | |||
| Value At Risk | (1.43) | |||
| Potential Upside | 1.47 |
Other Information on Investing in McCormick Etf
McCormick Company financial ratios help investors to determine whether McCormick Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in McCormick with respect to the benefits of owning McCormick Company security.