McDonald's (XSWX:MCD) Intrinsic Value: Projected FCF: CHF87.14 (As of Aug. 09, 2026) — 2084% Above Median

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Director of Data and Quant Analytics at GuruFocus
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.
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XSWX:MCD McDonald's Corp XSWX:MCD
72 GF Score
Price CHF221.60
GF Value CHF263.81
! 2 Warning Signs
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What is McDonald's Intrinsic Value: Projected FCF?

McDonald's XSWX:MCD 72 Intrinsic Value: Projected FCF is CHF87.14 as of Aug. 09, 2026, which is 100% below its 10-year median of 3.99. GuruFocus rates XSWX:MCD with a GF Score™ of 72/100 and a GF Value™ of CHF263.81. The stock has 2 warning signs investors should review. Among 234 Restaurants companies, McDonald's ranks worse than 75.64% on this metric.

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2026-08-09), McDonald's's Intrinsic Value: Projected FCF is CHF87.14. The stock price of McDonald's is CHF221.60. Therefore, McDonald's's Price-to-Intrinsic-Value-Projected-FCF of today is 2.5.

The historical rank and industry rank for McDonald's's Intrinsic Value: Projected FCF or its related term are showing as below:

XSWX:MCD' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 2.41   Med: 3.99   Max: 5.23
Current: 2.54

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of McDonald's was 5.23. The lowest was 2.41. And the median was 3.99.

XSWX:MCD's Price-to-Projected-FCF is ranked worse than
75.64% of 234 companies
in the Restaurants industry
Industry Median: 1.045 vs XSWX:MCD: 2.54

McDonald's  (XSWX:MCD) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

McDonald's's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=221.60/79.87613615293
=2.77

* 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.


McDonald's Intrinsic Value: Projected FCF Related Terms


McDonald's Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for McDonald's's Intrinsic Value: Projected FCF 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.

McDonald's Intrinsic Value: Projected FCF Chart

McDonald's Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.67 41.37 0.00 0.00 0.00

McDonald's Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Intrinsic Value: Projected FCF 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 0.00 85.63 0.00

XSWX:MCD vs SBUX, YUM, CMG: Intrinsic Value: Projected FCF Comparison

For the Restaurants subindustry, McDonald's's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF 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.


McDonald's Price-to-Projected-FCF vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, McDonald's's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where McDonald's's Price-to-Projected-FCF falls into.


XSWX:MCD
72GF Score
McDonald's Corp XSWX:MCD
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

McDonald's Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get McDonald's's Free Cash Flow(6 year avg) = CHF5,532.97.

McDonald's's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Jun26)/0.8)/Shares Outstanding (Diluted Average)
=(10.265723347005*5532.96816+0/0.8)/711.100
=79.88

* 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.

What does a Intrinsic Value: Projected FCF of CHF87.14 mean?
McDonald's (XSWX:MCD) has a Intrinsic Value: Projected FCF of CHF87.14 as of Aug. 09, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on McDonald's and its competitors. This is 2084% above median its historical median of 3.99. Over the past decade, McDonald's' Intrinsic Value: Projected FCF has ranged from 2.41 to 5.23. According to the industry distribution chart, McDonald's ranks #177 out of 234 companies in the Restaurants industry, placing it in the top 75.6%.
Is McDonald's' Intrinsic Value: Projected FCF too high?
McDonald's' current Intrinsic Value: Projected FCF of CHF87.14 is 2084% above median its 10-year median of 3.99. Over the past 10 years, this metric has ranged from a low of 2.41 to a high of 5.23. Based on the distribution chart, McDonald's ranks #177 out of 234 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, McDonald's has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does McDonald's' Intrinsic Value: Projected FCF compare to SBUX and YUM?
According to the Restaurants industry distribution chart, McDonald's ranks #177 out of 234 companies for Intrinsic Value: Projected FCF. This places McDonald's in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 1.05. Historically, McDonald's' own Intrinsic Value: Projected FCF has ranged from 2.41 to 5.23 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for a Restaurants company?
The median Intrinsic Value: Projected FCF among Restaurants companies is 1.05, based on 234 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF 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 Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on McDonald's and its competitors. For the Restaurants industry, the median Intrinsic Value: Projected FCF is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. McDonald's's current Intrinsic Value: Projected FCF is CHF87.14, which is 2084% above median its own 10-year median of 3.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is McDonald's stock overvalued right now?
McDonald's (XSWX:MCD) has a current Intrinsic Value: Projected FCF of CHF87.14. The stock's GF Value™ is CHF263.81, compared to a current price of CHF221.60 — trading 16% below its estimated fair value. The current Intrinsic Value: Projected FCF is CHF87.14, which is 2084% above median its 10-year median of 3.99. McDonald's' overall GF Score™ is 72/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For McDonald's (XSWX:MCD), the current Intrinsic Value: Projected FCF is CHF87.14 as of Aug. 09, 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 McDonald's (XSWX:MCD) Overvalued in 2026?

Based on GuruFocus' analysis, McDonald's stock appears to be undervalued. The current stock price of CHF221.60 is trading 16% below its estimated GF Value™ of CHF263.81.

Key valuation signals for XSWX:MCD:

  • Intrinsic Value: Projected FCF: CHF87.14 (2084% above median its 10-year median of 3.99)
  • GF Value™: CHF263.81 vs. price of CHF221.60 (16% below fair value)
  • GF Score™: 72/100 with 2 warning signs

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


McDonald's Business Description

Address 110 North Carpenter Street, Chicago, IL, USA, 60607
McDonald's is the world's largest restaurant brand, with nearly $139 billion in systemwide sales across more than 45,000 restaurants and over 100 markets. The quick-service chain built its early reputation on speed, consistency, and affordable hamburgers, and today its global menu spans burgers, chicken, breakfast, and beverages that have helped popularize American fast-food cuisine worldwide. The firm derives the bulk of its revenue from franchise royalties and rent (about 62%), with the remainder stemming from company-operated restaurants across three segments: the United States (39% of systemwide sales), international operated markets (35%), and international developmental/licensed markets (26%).
72GF Score

Get the complete analysis for XSWX:MCD

Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF221.60
Price
CHF263.81
GF Value