McCormick & Company Incorporated
NYSE: MKC-V · CONSUMER DEFENSIVE · PACKAGED FOODS
Updated 2026-07-29
McCormick & Company Incorporated (MKC-V) Stock Valuation Analysis
Fair value estimate, historical valuation range, and quality signals for MKC-V.
Valued
Valuation reasonably reflects current fundamentals. Limited margin of safety at these levels.
MKC-V historical valuation range
Where current P/E sits in MKC-V's own 5Y range.
MKC-V intrinsic value (DCF)
DCF-based fair value estimate vs current market price.
Intrinsic value calculated using discounted cash flow (DCF) model based on projected free cash flows, discount rate, and terminal growth assumptions. A positive margin of safety indicates the current price is below estimated fair value, providing a cushion against estimation error.
MKC-V valuation signals
Quick-read green flags, caution flags, and risks based on current metrics.
P/E Ratio — History
Current: 8.51x
P/S Ratio — History
Current: 1.86x
Is MKC-V overvalued in 2026?
McCormick & Company Incorporated (MKC-V) currently trades at $52.56 per share with a market capitalization of $13,746,380,000.00. Based on our multi-factor framework, the stock trades at a fair valuation with a Smart Value Score of 63/100. This score blends growth quality, financial health, and price attractiveness into a single institutional-grade read.
The stock trades at a P/E ratio of 8.5x, below its 5-year median of 24.4x. The PEG ratio of 2.19 indicates the price has run ahead of the underlying growth rate.
Looking at its own history, MKC-V is currently trading cheaper than 76% of the last 5Y on P/E. This places it in the 24th percentile of its historical range, a level that has historically coincided with attractive entry points.
Our discounted cash flow model estimates MKC-V's intrinsic value at $292.66 per share, against the current market price of $52.56. This implies a margin of safety of +75.40%. A meaningful cushion exists against model error, making this a reasonable risk-adjusted entry.
The Piotroski F-Score of 4/9 puts financial quality in a middling range, neither a standout strength nor an obvious red flag.
Bottom line: MKC-V trades at a fair valuation on our framework, with a Smart Value Score of 63/100. The valuation is defensible but offers no obvious bargain. Patience or a better entry price may reward disciplined buyers.
Frequently asked questions
Is MKC-V overvalued?
MKC-V scores 63/100 on our Smart Value Score (Grade C+), a mixed overall profile. The DCF also shows a positive margin of safety, so price and fundamentals line up reasonably well.
What is MKC-V's fair value?
Our DCF model estimates MKC-V's intrinsic value at $292.66 per share, versus the current price of $52.56, a margin of safety of +75.40%. Fair value is the present value of the cash flows we project the business to produce, so a price below it means the market is pricing the stock below that conservative estimate.
What P/E ratio does MKC-V trade at?
MKC-V trades at a P/E of 8.5x on trailing twelve-month earnings, against a 5-year median of 24.4x. P/E is what you pay per dollar of profit, and sitting below its own median means the stock is cheaper than usual relative to its earnings.
Is MKC-V a buy based on valuation?
Our Smart Value rating for MKC-V is Hold, from a Smart Value Score of 63/100 that blends growth, quality, and valuation. The profile is balanced and best suited to investors who already have a thesis. This is research to inform your decision, not personalized financial advice.
How does MKC-V's valuation compare to its history?
On P/E, MKC-V sits in the 24th percentile of its own 5Y range, historically cheap relative to where it has traded. A low percentile means today's multiple is near the bottom of its historical band.
What is MKC-V's Smart Value Score?
MKC-V's Smart Value Score is 63/100. It is a proprietary WallStSmart metric blending growth quality, financial health, and valuation into a single 0-100 read, and scores above 75 are rare, signaling strong multi-factor alignment.