McCormick Company Financial Statements From 2010 to 2024
| MKC Etf | USD 75.02 0.33 0.44% |
Gross Profit 2.3 B | Profit Margin 0.1056 | Market Capitalization 20.1 B | Enterprise Value Revenue 3.5144 | Revenue 6.7 B |
Check McCormick Company financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among McCormick main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . McCormick financial statements analysis is a perfect complement when working with McCormick Company Valuation or Volatility modules.
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McCormick Company Incorporated ETF Price To Book Analysis
McCormick Company's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current McCormick Company Price To Book | 3.68 X |
Most of McCormick Company's fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, McCormick Company Incorporated is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
| Competition |
Based on the latest financial disclosure, McCormick Company Incorporated has a Price To Book of 3.6811 times. This is much higher than that of the Food Products family and significantly higher than that of the Consumer Staples category. The price to book for all United States etfs is notably lower than that of the firm.
McCormick rporated Fundamental Drivers 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 0.11 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for McCormick Company Incorporated is roughly 9.01 . Comparative valuation analysis is a catch-all model that can be used if you cannot value McCormick Company by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for McCormick Company's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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.About McCormick Company Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include McCormick Company income statement, its balance sheet, and the statement of cash flows. McCormick Company investors use historical funamental indicators, such as McCormick Company's revenue or net income, to determine how well the company is positioned to perform in the future. Although McCormick Company investors may use each financial statement separately, they are all related. The changes in McCormick Company's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on McCormick Company's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on McCormick Company Financial Statements. Understanding these patterns can help to make the right decision on long term investment in McCormick Company. Please read more on our technical analysis and fundamental analysis pages.
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.
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The market value of McCormick rporated is measured differently than its book value, which is the value of McCormick that is recorded on the company's balance sheet. Investors also form their own opinion of McCormick Company's value that differs from its market value or its book value, called intrinsic value, which is McCormick Company's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because McCormick Company's market value can be influenced by many factors that don't directly affect McCormick Company's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between McCormick Company's value and its price as these two are different measures arrived at by different means. Investors typically determine if McCormick Company is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, McCormick Company's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.