McCormick (MEX:MKC) Construction In Progress: MXN0 Mil (As of May. 2026)


MEX:MKC McCormick & Co Inc MEX:MKC
65 GF Score
Price MXN890.00
GF Value MXN1,410.23
Valuation Significantly Undervalued
! 5 Warning Signs
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What is McCormick Construction In Progress?

McCormick MEX:MKC +3.49% 65 Construction In Progress is MXN0 Mil as of May. 2026. GuruFocus rates MEX:MKC with a GF Score™ of 65/100 and a GF Value™ of MXN1,410.23 (Significantly Undervalued). The stock has 5 warning signs investors should review.

McCormick's quarterly construction in progress declined from Nov. 2025 (MXN3,422 Mil) to Feb. 2026 (MXN0 Mil) but then stayed the same from Feb. 2026 (MXN0 Mil) to May. 2026 (MXN0 Mil).

McCormick's annual construction in progress increased from Nov. 2023 (MXN3,880 Mil) to Nov. 2024 (MXN5,036 Mil) but then declined from Nov. 2024 (MXN5,036 Mil) to Nov. 2025 (MXN3,422 Mil).

McCormick Construction In Progress Historical Data

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The historical data trend for McCormick's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

McCormick Construction In Progress Chart

McCormick Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,545.89 4,622.66 3,880.02 5,036.08 3,422.22

McCormick Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 3,422.22 0.00 0.00
MEX:MKC
65GF Score
McCormick & Co Inc MEX:MKC
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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McCormick Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of MXN0 Mil mean?
McCormick (MEX:MKC) has a Construction In Progress of MXN0 Mil as of May. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on McCormick and its competitors.
Is McCormick's Construction In Progress too high?
McCormick's current Construction In Progress is MXN0 Mil. Overall, McCormick has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does McCormick's Construction In Progress compare to HRL and JBS?
McCormick's Construction In Progress of MXN0 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Consumer Packaged Goods company?
A good Construction In Progress depends on the Consumer Packaged Goods industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on McCormick and its competitors. McCormick's current Construction In Progress is MXN0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is McCormick stock overvalued right now?
Based on GuruFocus' analysis, McCormick (MEX:MKC) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN1,410.23, compared to a current price of MXN890.00 — trading 36.9% below its estimated fair value. The current Construction In Progress is MXN0 Mil. McCormick's overall GF Score™ is 65/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For McCormick (MEX:MKC), the current Construction In Progress is MXN0 Mil as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is McCormick (MEX:MKC) Overvalued in 2026?

Based on GuruFocus' analysis, McCormick stock appears to be undervalued. The current stock price of MXN890.00 is trading 36.9% below its estimated GF Value™ of MXN1,410.23. GuruFocus considers McCormick to be Significantly Undervalued.

Key valuation signals for MEX:MKC:

  • Construction In Progress: MXN0 Mil
  • GF Value™: MXN1,410.23 vs. price of MXN890.00 (36.9% below fair value)
  • GF Score™: 65/100 with 5 warning signs

No single metric tells the full story. See the MEX:MKC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

McCormick Business Description

Address 24 Schilling Road, Suite 1, Hunt Valley, MD, USA, 21031
In its 135-plus-year history, McCormick has become the leading global manufacturer of spices, herbs, extracts, seasonings, and other flavorings. In addition to its namesake brand, the firm's portfolio includes Old Bay, Zatarain's, Thai Kitchen, Frank's RedHot, French's, and Cholula. This mix will be complemented by the pending addition of Unilever's food brands, primarily Knorr cooking aids and Hellmann's mayonnaise. After the deal close, the combined business is slated to generate 70% of sales from consumers and 30% from restaurants and other packaged food and beverage manufacturers. Around 40% of sales are slated to come from faster-growing emerging markets, with Europe (23%) and North America (36%) accounting for the remainder.
65GF Score

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Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN890.00
Price
MXN1,410.23
GF Value