McCormick & Company, Incorporated

AI-generated fair value estimate for this company.

Method: 10-year unlevered FCF DCF: $925.90M TTM free cash flow base; 3% annual FCF growth years 1-5, 2.5% years 6-10; 8.5% discount rate; 2.5% terminal growth; $4.69B net debt; 269.06M shares outstanding.

Reasoning: McCormick is a mature global spice/flavoring consumer staple with low-single-digit organic growth and high dividend reliability, so conservative growth assumptions and a staples-appropriate discount rate are used; its debt load from the 2017 Frank's/French's acquisition is reflected fully in net debt.