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Investing in McCormick & Company, Incorporated (MKC)

Valuation methodValue, $Upside, %
Artificial intelligence (AI)4.82-93
Intrinsic value (DCF)4.49-94
Graham-Dodd Method5.57-92
Graham Formula51.61-30

Company description

MKC, or McCormick & Company, is a multinational food company that was founded in 1889. Headquartered in Hunt Valley, Maryland, the company specializes in producing and distributing spices, seasoning mixes, condiments, and other flavorings. The company has a global presence, with operations in over 150 countries and territories. McCormick & Company has a wide portfolio of popular brands, such as Old Bay, French's, and Lawry's, among others. The company prides itself on being a leader in the spice and flavorings industry, with a commitment to quality and innovation. In recent years, McCormick & Company has made efforts to expand its product offerings, including the acquisition of Frank's RedHot and French's Mustard. The company has also prioritized sustainability, implementing various initiatives to reduce waste and promote environmentally-friendly practices. With a strong track record of growth and a dedication to providing consumers with high-quality products, MKC continues to be a trusted and well-respected name in the food industry.
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