McCormick & Company, IncorporatedOpportunity Rank #225(MKC) Intrinsic Value & DCF Analysis (2026)
Current Price
$53.25
Last updated: Mar 24, 2026
Price vs Intrinsic Value
Fundamental Score
Weighted across 6 signals
Narrative Score
No change vs previous
The intrinsic value of McCormick & Company, Incorporated (MKC) is estimated at $51.48 per share based on a 10-year discounted cash flow (DCF) analysis. At the current price of $53.25, the stock appears overvalued relative to its projected cash flow fundamentals. This estimate assumes a 4.29% long-term growth rate and a 9.00% discount rate (calculated: 7.12%), reflecting expected future free cash flow and cost of capital.
The intrinsic value of McCormick & Company, Incorporated (MKC) is estimated at $51.48 per share based on a 10-year discounted cash flow (DCF) analysis. At the current price of $53.25, the stock appears overvalued relative to its projected cash flow fundamentals. This estimate assumes a 4.29% long-term growth rate and a 9.00% discount rate (calculated: 7.12%), reflecting expected future free cash flow and cost of capital.Valuation Details
Capital Efficiency
The company is earning below its required return. This may indicate inefficient use of capital or excess cash that isn't being reinvested.
Fundamental Details
Narrative Details
Investment Coach
- Price moves to at least a mid-teens discount to fair value.
- Improvement in ROIC versus WACC spread indicating better capital efficiency.
- Meaningful shifts in the narrative trend that could affect the fundamental score direction.
Free Cash Flow (in millions)
How Intrinziq Estimates Fair Value
Intrinziq estimates McCormick & Company, Incorporated's intrinsic value using a discounted cash flow (DCF) model based on free cash flow trends and a market-based discount rate. The model projects future cash flows over ten years and discounts them using a market return assumption to estimate fair value.
McCormick & Company, IncorporatedConsumer Defensive
McCormick & Company, Incorporated manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry. It operates in two segments, Consumer and Flavor Solutions. The Consumer segment offers spices, herbs, and seasonings, as well as condiments and sauces, and desserts. This segment markets its products under the McCormick, French's, Frank's RedHot, Lawry's Cholula Hot Sauce, Gourmet Garden, Club House, and OLD BAY brands in the Americas; Ducros, Schwartz, Kamis, and Drogheria & Alimentari, and Vahiné brands in Europe, the Middle East, and Africa; McCormick and DaQiao brands in China; and McCormick, Aeroplane, and Gourmet Garden brands in Australia, as well as markets regional and ethnic brands, such as Zatarain's, Stubb's, Thai Kitchen, and Simply Asia. It also supplies its products under the private labels. This segment serves retailers comprising grocery, mass merchandise, warehouse clubs, discount and drug stores, and e-commerce retailers directly and indirectly through distributors and wholesale foodservice suppliers. The Flavor Solutions segment offers seasoning blends, spices and herbs, condiments, coating systems, and compound flavors to multinational food manufacturers and foodservice customers. It serves foodservice customers directly and indirectly through distributors. The company was founded in 1889 and is headquartered in Hunt Valley, Maryland.