McCormick (MEX:MKC) ROCE %: 7.84% (As of Feb. 2026)


MEX:MKC McCormick & Co Inc MEX:MKC
65 GF Score
Price MXN833.57
GF Value MXN1,416.54
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is McCormick ROCE %?

McCormick MEX:MKC 65 ROCE % is 7.84% as of Feb. 2026. GuruFocus rates MEX:MKC with a GF Score™ of 65/100 and a GF Value™ of MXN1,416.54 (Significantly Undervalued). The stock has 5 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. McCormick's annualized ROCE % for the quarter that ended in Feb. 2026 was 7.84%.

McCormick  (MEX:MKC) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

McCormick ROCE % Related Terms

McCormick ROCE % Historical Data

* Premium members only.

The historical data trend for McCormick's ROCE % 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 ROCE % Chart

McCormick Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.36 9.42 9.79 11.97 10.33

McCormick Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
ROCE % 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 9.44 10.05 11.67 12.47 7.84
MEX:MKC
65GF Score
McCormick & Co Inc MEX:MKC
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

McCormick ROCE % Calculation

McCormick's annualized ROCE % for the fiscal year that ended in Nov. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Nov. 2025 )  (A: Nov. 2024 )(A: Nov. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Nov. 2025 )  (A: Nov. 2024 )(A: Nov. 2025 )
=20320.787/( ( (266382.451 - 58753.612) + (241834.219 - 56100.175) )/ 2 )
=20320.787/( (207628.839+185734.044)/ 2 )
=20320.787/196681.4415
=10.33 %

McCormick's ROCE % of for the quarter that ended in Feb. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Feb. 2026 )  (Q: Nov. 2025 )(Q: Feb. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Feb. 2026 )  (Q: Nov. 2025 )(Q: Feb. 2026 )
=16001.476/( ( (241834.219 - 56100.175) + (281494.729 - 59275.372) )/ 2 )
=16001.476/( ( 185734.044 + 222219.357 )/ 2 )
=16001.476/203976.7005
=7.84 %

(1) Note: The EBIT data used here is four times the quarterly (Feb. 2026) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 7.84% mean?
McCormick (MEX:MKC) has a ROCE % of 7.84% as of Feb. 2026.
Is McCormick's ROCE % too high?
McCormick's current ROCE % is 7.84%. The Consumer Packaged Goods industry median ROCE % is 8.78. McCormick's value of 7.84% is 10.7% below this industry median. 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 ROCE % compare to HRL and JBS?
McCormick's ROCE % of 7.84% can be compared against companies in the Consumer Packaged Goods industry. The industry median ROCE % is 8.78. McCormick's value of 7.84% is 10.7% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Consumer Packaged Goods company?
The median ROCE % among Consumer Packaged Goods companies is 8.78, based on 1,938 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. McCormick's current ROCE % of 7.84% is 10.7% below 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Consumer Packaged Goods industry, the median ROCE % is 8.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. McCormick's current ROCE % is 7.84%. 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 MXN1,416.54, compared to a current price of MXN833.57 — trading 41.2% below its estimated fair value. The current ROCE % is 7.84% and 10.7% below the Consumer Packaged Goods industry median of 8.78. 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 ROCE % calculated?
ROCE % is calculated from a company's financial statements. For McCormick (MEX:MKC), the current ROCE % is 7.84% as of Feb. 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 MXN833.57 is trading 41.2% below its estimated GF Value™ of MXN1,416.54. GuruFocus considers McCormick to be Significantly Undervalued.

Key valuation signals for MEX:MKC:

  • ROCE %: 7.84%
  • GF Value™: MXN1,416.54 vs. price of MXN833.57 (41.2% below fair value)
  • GF Score™: 65/100 with 5 warning signs
  • Industry Position: 10.7% below the Consumer Packaged Goods median

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

Get the complete analysis for MEX:MKC

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

MXN833.57
Price
MXN1,416.54
GF Value