McKesson Net Worth
McKesson Net Worth Breakdown | MCK |
McKesson Net Worth Analysis
McKesson's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including McKesson's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of McKesson's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform McKesson's net worth analysis. One common approach is to calculate McKesson's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares McKesson's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing McKesson's net worth. This approach calculates the present value of McKesson's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of McKesson's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate McKesson's net worth. This involves comparing McKesson's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into McKesson's net worth relative to its peers.
Enterprise Value |
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To determine if McKesson is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding McKesson's net worth research are outlined below:
| McKesson has 7.39 B in debt with debt to equity (D/E) ratio of 6.61, demonstrating that the company may be unable to create cash to meet all of its financial commitments. McKesson has a current ratio of 0.94, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for McKesson to invest in growth at high rates of return. | |
| Over 90.0% of McKesson shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Syntax Appoints Bindu Crandall as Chief Marketing Officer |
McKesson Quarterly Good Will |
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McKesson uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in McKesson. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to McKesson's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 7th of February 2024 Upcoming Quarterly Report | View | |
| 13th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 13th of May 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of March 2023 Last Financial Announcement | View |
McKesson Target Price Consensus
McKesson target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. McKesson's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 17 | Strong Buy |
Most McKesson analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand McKesson stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of McKesson, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationMcKesson Target Price Projection
McKesson's current and average target prices are 650.43 and 650.48, respectively. The current price of McKesson is the price at which McKesson is currently trading. On the other hand, McKesson's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
McKesson Market Quote on 17th of March 2025
Target Price
Analyst Consensus On McKesson Target Price
Know McKesson's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as McKesson is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading McKesson backward and forwards among themselves. McKesson's institutional investor refers to the entity that pools money to purchase McKesson's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Royal Bank Of Canada | 2024-12-31 | 1.8 M | Northern Trust Corp | 1224-12-31 | 1.5 M | Bank Of America Corp | 2024-12-31 | 1.5 M | T. Rowe Price Associates, Inc. | 2024-12-31 | 1.2 M | Ubs Asset Mgmt Americas Inc | 2024-12-31 | 1.1 M | Boston Partners Global Investors, Inc | 2024-12-31 | 1.1 M | Wcm Investment Management | 2024-12-31 | 1.1 M | Amvescap Plc. | 2024-12-31 | 1.1 M | Legal & General Group Plc | 2024-12-31 | 977.2 K | Vanguard Group Inc | 2024-12-31 | 11.9 M | Blackrock Inc | 2024-12-31 | 10.4 M |
Follow McKesson's market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 81.52 B.Market Cap |
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Project McKesson's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.06 | 0.04 | |
| Return On Capital Employed | 0.23 | 0.24 | |
| Return On Assets | 0.05 | 0.03 | |
| Return On Equity | (1.37) | (1.30) |
When accessing McKesson's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures McKesson's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of McKesson's profitability and make more informed investment decisions.
Evaluate McKesson's management efficiency
McKesson has Return on Asset of 0.0524 % which means that on every $100 spent on assets, it made $0.0524 of profit. This is way below average. McKesson's management efficiency ratios could be used to measure how well McKesson manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is expected to rise to 0.24 this year, although the value of Return On Tangible Assets will most likely fall to 0.04. Total Current Liabilities is expected to rise to about 63.2 B this year. Liabilities And Stockholders Equity is expected to rise to about 81.4 B this year| Last Reported | Projected for Next Year | ||
| Book Value Per Share | (10.80) | (10.26) | |
| Tangible Book Value Per Share | (119.50) | (113.52) | |
| Enterprise Value Over EBITDA | 18.30 | 28.19 | |
| Price Book Value Ratio | (41.69) | (43.78) | |
| Enterprise Value Multiple | 18.30 | 28.19 | |
| Price Fair Value | (41.69) | (43.78) | |
| Enterprise Value | 66.8 B | 70.2 B |
McKesson showcases strong leadership that adapts to market changes and drives innovation. Our analysis explores how this adaptability affects the stock's investment appeal.
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific McKesson insiders, such as employees or executives, is commonly permitted as long as it does not rely on McKesson's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases McKesson insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
McKesson Corporate Filings
F4 | 7th of March 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F3 | 10th of February 2025 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
10Q | 6th of February 2025 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 5th of February 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
McKesson Earnings Estimation Breakdown
The calculation of McKesson's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of McKesson is estimated to be 8.1902 with the future projection ranging from a low of 8.15 to a high of 8.2475. Please be aware that this consensus of annual earnings estimates for McKesson is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
8.15 Lowest | Expected EPS | 8.25 Highest |
McKesson Earnings Projection Consensus
Suppose the current estimates of McKesson's value are higher than the current market price of the McKesson stock. In this case, investors may conclude that McKesson is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and McKesson's stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 31st of March 2025 | Current EPS (TTM) | |
| 17 | 94.54% | 8.03 | 8.1902 | 21.79 |
McKesson Earnings History
Earnings estimate consensus by McKesson analysts from Wall Street is used by the market to judge McKesson's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only McKesson's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.McKesson Quarterly Gross Profit |
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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of McKesson's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
McKesson Earnings per Share Projection vs Actual
Actual Earning per Share of McKesson refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering McKesson predict the company's earnings will be in the future. The higher the earnings per share of McKesson, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.McKesson Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as McKesson, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of McKesson should always be considered in relation to other companies to make a more educated investment decision.McKesson Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact McKesson's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
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2025-02-05 | 2024-12-31 | 7.9925 | 8.03 | 0.0375 | 0 | ||
2024-11-06 | 2024-09-30 | 6.88 | 7.07 | 0.19 | 2 | ||
2024-08-07 | 2024-06-30 | 7.21 | 7.88 | 0.67 | 9 | ||
2024-05-07 | 2024-03-31 | 6.34 | 6.18 | -0.16 | 2 | ||
2024-02-07 | 2023-12-31 | 7.05 | 7.74 | 0.69 | 9 | ||
2023-11-01 | 2023-09-30 | 6.15 | 6.23 | 0.08 | 1 | ||
2023-08-02 | 2023-06-30 | 5.87 | 7.27 | 1.4 | 23 | ||
2023-05-08 | 2023-03-31 | 7.17 | 7.19 | 0.02 | 0 | ||
2023-02-01 | 2022-12-31 | 6.35 | 6.9 | 0.55 | 8 | ||
2022-11-01 | 2022-09-30 | 6.09 | 6.06 | -0.03 | 0 | ||
2022-08-03 | 2022-06-30 | 5.28 | 5.83 | 0.55 | 10 | ||
2022-05-05 | 2022-03-31 | 6.04 | 5.83 | -0.21 | 3 | ||
2022-02-02 | 2021-12-31 | 5.42 | 6.15 | 0.73 | 13 | ||
2021-11-01 | 2021-09-30 | 4.66 | 6.15 | 1.49 | 31 | ||
2021-08-04 | 2021-06-30 | 4.15 | 5.56 | 1.41 | 33 | ||
2021-05-06 | 2021-03-31 | 5.04 | 5.05 | 0.01 | 0 | ||
2021-02-02 | 2020-12-31 | 4.13 | 4.6 | 0.47 | 11 | ||
2020-11-03 | 2020-09-30 | 3.88 | 4.8 | 0.92 | 23 | ||
2020-08-03 | 2020-06-30 | 2.32 | 2.77 | 0.45 | 19 | ||
2020-05-20 | 2020-03-31 | 4.1 | 4.27 | 0.17 | 4 | ||
2020-02-04 | 2019-12-31 | 3.56 | 3.81 | 0.25 | 7 | ||
2019-10-30 | 2019-09-30 | 3.6 | 3.6 | 0.0 | 0 | ||
2019-07-31 | 2019-06-30 | 3.01 | 3.31 | 0.3 | 9 | ||
2019-05-08 | 2019-03-31 | 3.66 | 3.69 | 0.03 | 0 | ||
2019-01-31 | 2018-12-31 | 3.16 | 3.4 | 0.24 | 7 | ||
2018-10-25 | 2018-09-30 | 3.28 | 3.6 | 0.32 | 9 | ||
2018-07-26 | 2018-06-30 | 2.89 | 2.9 | 0.01 | 0 | ||
2018-05-24 | 2018-03-31 | 3.56 | 3.49 | -0.07 | 1 | ||
2018-02-01 | 2017-12-31 | 2.94 | 3.41 | 0.47 | 15 | ||
2017-10-26 | 2017-09-30 | 2.8 | 3.28 | 0.48 | 17 | ||
2017-07-27 | 2017-06-30 | 2.83 | 2.46 | -0.37 | 13 | ||
2017-05-18 | 2017-03-31 | 3 | 3.42 | 0.42 | 14 | ||
2017-01-25 | 2016-12-31 | 2.91 | 3.05 | 0.14 | 4 | ||
2016-10-27 | 2016-09-30 | 3.05 | 2.94 | -0.11 | 3 | ||
2016-07-27 | 2016-06-30 | 3.33 | 3.52 | 0.19 | 5 | ||
2016-05-04 | 2016-03-31 | 3.14 | 3.14 | 0.0 | 0 | ||
2016-01-27 | 2015-12-31 | 3.13 | 3.18 | 0.05 | 1 | ||
2015-10-29 | 2015-09-30 | 2.99 | 3.31 | 0.32 | 10 | ||
2015-07-29 | 2015-06-30 | 2.9 | 3.14 | 0.24 | 8 | ||
2015-05-12 | 2015-03-31 | 2.75 | 2.94 | 0.19 | 6 | ||
2015-02-05 | 2014-12-31 | 2.61 | 2.89 | 0.28 | 10 | ||
2014-10-28 | 2014-09-30 | 2.73 | 2.79 | 0.06 | 2 | ||
2014-07-31 | 2014-06-30 | 2.33 | 2.49 | 0.16 | 6 | ||
2014-05-12 | 2014-03-31 | 2.4 | 2.55 | 0.15 | 6 | ||
2014-01-30 | 2013-12-31 | 1.84 | 1.45 | -0.39 | 21 | ||
2013-10-24 | 2013-09-30 | 2.04 | 2.27 | 0.23 | 11 | ||
2013-07-25 | 2013-06-30 | 1.71 | 2.07 | 0.36 | 21 | ||
2013-05-07 | 2013-03-31 | 2.3 | 1.45 | -0.85 | 36 | ||
2013-01-31 | 2012-12-31 | 1.63 | 1.52 | -0.11 | 6 | ||
2012-10-25 | 2012-09-30 | 1.78 | 1.92 | 0.14 | 7 | ||
2012-07-26 | 2012-06-30 | 1.48 | 1.55 | 0.07 | 4 | ||
2012-04-30 | 2012-03-31 | 2.06 | 2.09 | 0.03 | 1 | ||
2012-01-30 | 2011-12-31 | 1.37 | 1.4 | 0.03 | 2 | ||
2011-10-25 | 2011-09-30 | 1.39 | 1.63 | 0.24 | 17 | ||
2011-07-28 | 2011-06-30 | 1.14 | 1.27 | 0.13 | 11 | ||
2011-05-03 | 2011-03-31 | 1.6 | 1.66 | 0.06 | 3 | ||
2011-01-31 | 2010-12-31 | 1.11 | 1.12 | 0.01 | 0 | ||
2010-10-26 | 2010-09-30 | 1.09 | 1.22 | 0.13 | 11 | ||
2010-07-30 | 2010-06-30 | 1.09 | 1.1 | 0.01 | 0 | ||
2010-05-03 | 2010-03-31 | 1.29 | 1.26 | -0.03 | 2 | ||
2010-01-26 | 2009-12-31 | 1.19 | 1.19 | 0.0 | 0 | ||
2009-10-27 | 2009-09-30 | 1.02 | 1.07 | 0.05 | 4 | ||
2009-07-28 | 2009-06-30 | 0.86 | 1.06 | 0.2 | 23 | ||
2009-05-04 | 2009-03-31 | 1.15 | 1.23 | 0.08 | 6 | ||
2009-01-26 | 2008-12-31 | 0.86 | 1.05 | 0.19 | 22 | ||
2008-10-28 | 2008-09-30 | 1.03 | 1.17 | 0.14 | 13 | ||
2008-07-23 | 2008-06-30 | 0.8 | 0.83 | 0.03 | 3 | ||
2008-05-05 | 2008-03-31 | 1 | 1.04 | 0.04 | 4 | ||
2008-01-31 | 2007-12-31 | 0.8 | 0.79 | -0.01 | 1 | ||
2007-10-30 | 2007-09-30 | 0.72 | 0.82 | 0.1 | 13 | ||
2007-07-26 | 2007-06-30 | 0.71 | 0.74 | 0.03 | 4 | ||
2007-05-07 | 2007-03-31 | 0.78 | 0.85 | 0.07 | 8 | ||
2007-01-25 | 2006-12-31 | 0.68 | 0.79 | 0.11 | 16 | ||
2006-10-31 | 2006-09-30 | 0.58 | 0.66 | 0.08 | 13 | ||
2006-07-27 | 2006-06-30 | 0.62 | 0.65 | 0.03 | 4 | ||
2006-05-04 | 2006-03-31 | 0.68 | 0.68 | 0.0 | 0 | ||
2006-01-26 | 2005-12-31 | 0.52 | 0.57 | 0.05 | 9 | ||
2005-11-08 | 2005-09-30 | 0.48 | 0.49 | 0.01 | 2 | ||
2005-07-27 | 2005-06-30 | 0.53 | 0.55 | 0.02 | 3 | ||
2005-05-05 | 2005-03-31 | 0.73 | 0.85 | 0.12 | 16 | ||
2005-01-27 | 2004-12-31 | 0.45 | 0.49 | 0.04 | 8 | ||
2004-10-21 | 2004-09-30 | 0.24 | 0.29 | 0.05 | 20 | ||
2004-07-22 | 2004-06-30 | 0.48 | 0.48 | 0.0 | 0 | ||
2004-04-29 | 2004-03-31 | 0.65 | 0.73 | 0.08 | 12 | ||
2004-01-22 | 2003-12-31 | 0.5 | 0.41 | -0.09 | 18 | ||
2003-10-23 | 2003-09-30 | 0.52 | 0.53 | 0.01 | 1 | ||
2003-07-24 | 2003-06-30 | 0.51 | 0.53 | 0.02 | 3 | ||
2003-04-29 | 2003-03-31 | 0.59 | 0.62 | 0.03 | 5 | ||
2003-01-21 | 2002-12-31 | 0.46 | 0.5 | 0.04 | 8 | ||
2002-10-21 | 2002-09-30 | 0.42 | 0.42 | 0.0 | 0 | ||
2002-07-23 | 2002-06-30 | 0.4 | 0.42 | 0.02 | 5 | ||
2002-04-30 | 2002-03-31 | 0.45 | 0.48 | 0.03 | 6 | ||
2002-01-22 | 2001-12-31 | 0.36 | 0.38 | 0.02 | 5 | ||
2001-10-23 | 2001-09-30 | 0.31 | 0.32 | 0.01 | 3 | ||
2001-07-24 | 2001-06-30 | 0.28 | 0.28 | 0.0 | 0 | ||
2001-04-30 | 2001-03-31 | 0.29 | 0.31 | 0.02 | 6 | ||
2001-01-23 | 2000-12-31 | 0.25 | 0.24 | -0.01 | 4 | ||
2000-10-24 | 2000-09-30 | 0.32 | 0.22 | -0.1 | 31 | ||
2000-07-25 | 2000-06-30 | 0.22 | 0.22 | 0.0 | 0 | ||
2000-04-26 | 2000-03-31 | 0.3 | 0.22 | -0.08 | 26 | ||
2000-01-25 | 1999-12-31 | 0.3 | 0.21 | -0.09 | 30 | ||
1999-10-25 | 1999-09-30 | 0.32 | 0.27 | -0.05 | 15 | ||
1999-08-10 | 1999-06-30 | 0.36 | 0.31 | -0.05 | 13 | ||
1999-04-22 | 1999-03-31 | 0.6 | 0.47 | -0.13 | 21 | ||
1999-01-25 | 1998-12-31 | 0.56 | 0.32 | -0.24 | 42 | ||
1998-10-27 | 1998-09-30 | 0.5 | 0.25 | -0.25 | 50 | ||
1998-07-28 | 1998-06-30 | 0.48 | 0.28 | -0.2 | 41 | ||
1998-04-29 | 1998-03-31 | 0.55 | 0.57 | 0.02 | 3 | ||
1998-01-20 | 1997-12-31 | 0.42 | 0.43 | 0.01 | 2 | ||
1997-10-23 | 1997-09-30 | 0.39 | 0.4 | 0.01 | 2 | ||
1997-04-24 | 1997-03-31 | 0.38 | 0.41 | 0.03 | 7 | ||
1997-01-24 | 1996-12-31 | 0.3 | 0.28 | -0.02 | 6 | ||
1996-10-22 | 1996-09-30 | 0.33 | 0.32 | -0.01 | 3 | ||
1996-07-25 | 1996-06-30 | 0.36 | 0.33 | -0.03 | 8 | ||
1996-04-25 | 1996-03-31 | 0.44 | 0.41 | -0.03 | 6 | ||
1996-01-22 | 1995-12-31 | 0.36 | 0.35 | -0.01 | 2 |
McKesson Corporate Directors
| Bradley Lerman | Independent Director | Profile | |
| Kenneth Washington | Independent Director | Profile | |
| M Jacobs | Independent Director | Profile | |
| Marie Knowles | Independent Director | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in McKesson. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For more information on how to buy McKesson Stock please use our How to buy in McKesson Stock guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of McKesson. If investors know McKesson will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about McKesson listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.572 | Dividend Share 2.66 | Earnings Share 21.79 | Revenue Per Share | Quarterly Revenue Growth 0.178 |
The market value of McKesson is measured differently than its book value, which is the value of McKesson that is recorded on the company's balance sheet. Investors also form their own opinion of McKesson's value that differs from its market value or its book value, called intrinsic value, which is McKesson'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 McKesson's market value can be influenced by many factors that don't directly affect McKesson'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 McKesson's value and its price as these two are different measures arrived at by different means. Investors typically determine if McKesson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, McKesson'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.