McCormick & Company Incorporated
NYSE: MKC · CONSUMER DEFENSIVE · PACKAGED FOODS
Updated 2026-04-29
McCormick & Company Incorporated (MKC) Stock Valuation Analysis
Fair value estimate, historical valuation range, and quality signals for MKC.
Valued
Fundamentals support the current valuation. Strong combination of growth, quality, and price.
MKC historical valuation range
Where current P/E sits in MKC's own 5Y range.
MKC 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 valuation signals
Quick-read green flags, caution flags, and risks based on current metrics.
P/E Ratio — History
Current: 8.29x
P/S Ratio — History
Current: 1.91x
Is MKC overvalued in 2026?
McCormick & Company Incorporated (MKC) currently trades at $50.54 per share with a market capitalization of $13,587,335,000.00. Based on our multi-factor framework, the stock looks attractively valued with a Smart Value Score of 80/100. 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 8.3x, below its 5-year median of 26.9x. The PEG ratio of 1.96 points to a price that reasonably reflects expected earnings growth.
Looking at its own history, MKC 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's intrinsic value at $102.20 per share, against the current market price of $50.54. This implies a margin of safety of +30.99%. 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 looks attractively valued on our framework, with a Smart Value Score of 80/100. The combination of reasonable price, healthy growth, and quality fundamentals makes it worth serious consideration.
Frequently asked questions
Is MKC overvalued in 2026?
Based on a Smart Value Score of 80/100, MKC is not overvalued. Fundamentals support the current price and offer reasonable margin of safety.
What is MKC's fair value?
Our DCF model estimates MKC's intrinsic value at $102.20 per share, versus the current price of $50.54. This produces a margin of safety of +30.99%.
What P/E ratio does MKC trade at?
MKC trades at a P/E of 8.3x on trailing twelve-month earnings, compared to its 5-year median of 26.9x.
Is MKC a buy based on valuation?
WallStSmart does not issue buy or sell recommendations. Our Smart Value Score of 80/100 reflects the combined read on growth, quality, and price. The profile skews favorable for long-term accumulation.
How does MKC's valuation compare to its history?
On P/E, MKC 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's Smart Value Score?
MKC's Smart Value Score is 80/100. 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.