McCormick & Company Incorporated
NYSE: MKC-V · CONSUMER DEFENSIVE · PACKAGED FOODS
Updated 2026-04-30
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: 8.20x
P/S Ratio — History
Current: 1.89x
Is MKC-V overvalued in 2026?
McCormick & Company Incorporated (MKC-V) currently trades at $50.62 per share with a market capitalization of $13,443,504,000.00. Based on our multi-factor framework, the stock trades at a fair valuation with a Smart Value Score of 74/100. 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 8.2x, below its 5-year median of 26.4x. The PEG ratio of 1.92 points to a price that reasonably reflects expected earnings growth.
Looking at its own history, MKC-V is currently trading cheaper than 96% of the last 5Y on P/E. This places it in the 4th 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 $377.24 per share, against the current market price of $50.62. This implies a margin of safety of +80.91%. A meaningful cushion exists against model error, making this a reasonable risk-adjusted entry.
Financial quality is a concern. The Piotroski F-Score of 0/9 flags weakening fundamentals that deserve closer scrutiny before the valuation case can be fully trusted.
Bottom line: MKC-V trades at a fair valuation on our framework, with a Smart Value Score of 74/100. 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 in 2026?
Based on a Smart Value Score of 74/100, MKC-V is fairly valued. Price reasonably reflects current fundamentals with limited cushion in either direction.
What is MKC-V's fair value?
Our DCF model estimates MKC-V's intrinsic value at $377.24 per share, versus the current price of $50.62. This produces a margin of safety of +80.91%.
What P/E ratio does MKC-V trade at?
MKC-V trades at a P/E of 8.2x on trailing twelve-month earnings, compared to its 5-year median of 26.4x.
Is MKC-V a buy based on valuation?
WallStSmart does not issue buy or sell recommendations. Our Smart Value Score of 74/100 reflects the combined read on growth, quality, and price. The profile is balanced. Best suited for investors with an existing thesis.
How does MKC-V's valuation compare to its history?
On P/E, MKC-V currently sits in the 4th percentile of its own 5Y range. That is historically cheap relative to where it has traded over the period.
What is MKC-V's Smart Value Score?
MKC-V's Smart Value Score is 74/100. The Smart Value Score is a proprietary WallStSmart metric blending growth quality, financial health, and valuation attractiveness into a single 0-100 read. Scores above 75 are rare and indicate strong multi-factor alignment.