Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
McCormickMEX:MKC +1.29%71 EV-to-EBITDA is 13.36 as of Aug. 10, 2026, which is 39% below its 10-year median of 21.91. GuruFocus rates MEX:MKC with a GF Score™ of 71/100 and a GF Value™ of MXN1,355.44 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,643 Consumer Packaged Goods companies, McCormick ranks worse than 69.87% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, McCormick's enterprise value is MXN334,136 Mil.
McCormick's EBITDA for the trailing twelve months (TTM) ended in May. 2026 was MXN25,002 Mil. Therefore, McCormick's EV-to-EBITDA for today is 13.36.
The historical rank and industry rank for McCormick's EV-to-EBITDA or its related term are showing as below:
MEX:MKC'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 12.75 Med: 21.91 Max: 27.71
Current: 13.96
During the past 13 years, the highest EV-to-EBITDA of McCormick was 27.71. The lowest was 12.75. And the median was 21.91.
MEX:MKC's EV-to-EBITDA is ranked worse than 69.87% of 1643
companies
in the Consumer Packaged Goods industry
Industry Median: 9.08
vs MEX:MKC: 13.96
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
McCormick's share price for today is MXN908.59.
McCormick's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN105.829.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for McCormick's EV-to-EBITDA 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.
For the Packaged Foods subindustry, McCormick's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
McCormick EV-to-EBITDA vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, McCormick's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where McCormick's EV-to-EBITDA falls into.
McCormick's current Enterprise Value is MXN334,136 Mil.
McCormick's EBITDA for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN25,002 Mil.
* 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 (MEX:MKC) has a EV-to-EBITDA of 13.36 as of Aug. 10, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on McCormick. This is 39% below median its historical median of 21.91. Over the past decade, McCormick's EV-to-EBITDA has ranged from 12.75 to 27.71. According to the industry distribution chart, McCormick ranks #1148 out of 1643 companies in the Consumer Packaged Goods industry, placing it in the top 69.9%.
Is McCormick's EV-to-EBITDA too high?
McCormick's current EV-to-EBITDA of 13.36 is 39% below median its 10-year median of 21.91. Over the past 10 years, this metric has ranged from a low of 12.75 to a high of 27.71. The Consumer Packaged Goods industry median EV-to-EBITDA is 9.08. McCormick's value of 13.36 is 47.1% above this industry median. Based on the distribution chart, McCormick ranks #1148 out of 1643 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, McCormick has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does McCormick's EV-to-EBITDA compare to JBS and HRL?
According to the Consumer Packaged Goods industry distribution chart, McCormick ranks #1148 out of 1643 companies for EV-to-EBITDA. This places McCormick in the lower half of its industry. The industry median EV-to-EBITDA is 9.08. McCormick's value of 13.36 is 47.1% above this benchmark. Historically, McCormick's own EV-to-EBITDA has ranged from 12.75 to 27.71 over the past decade. While the company's 10-year median is 21.91 vs. the industry median of 9.08, McCormick has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Consumer Packaged Goods company?
The median EV-to-EBITDA among Consumer Packaged Goods companies is 9.08, based on 1,643 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. McCormick's current EV-to-EBITDA of 13.36 is 47.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on McCormick. For the Consumer Packaged Goods industry, the median EV-to-EBITDA is 9.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. McCormick's current EV-to-EBITDA is 13.36, which is 39% below median its own 10-year median of 21.91. 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 MXN1,355.44, compared to a current price of MXN908.59 — trading 33% below its estimated fair value. The current EV-to-EBITDA is 13.36, which is 39% below median its 10-year median of 21.91 and 47.1% above the Consumer Packaged Goods industry median of 9.08. McCormick's overall GF Score™ is 71/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For McCormick (MEX:MKC), the current EV-to-EBITDA is 13.36 as of Aug. 10, 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 MXN908.59 is trading 33% below its estimated GF Value™ of MXN1,355.44.
GuruFocus considers McCormick to be Significantly Undervalued.
Key valuation signals for MEX:MKC:
EV-to-EBITDA: 13.36 (39% below median its 10-year median of 21.91)
GF Value™: MXN1,355.44 vs. price of MXN908.59 (33% below fair value)
Industry Position: 47.1% above the Consumer Packaged Goods median (#1148 of 1643)
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.
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.
71GF Score
Get the complete analysis for MEX:MKC
EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MEX:MKC has been successfully added to your 
