MCK vs VALN Stock Comparison

Mckesson and Valneva SE Prices as of Oct 26, 2026 Peers: Industry group
MCK Mckesson Corp
$992.64 +14.5% 1M +23.8% 1Y
Market cap
$116.42B
P/E
25.4x
Revenue (TTM)
$410.98B
Div. yield
0.00%
Drug Distribution Healthcare
8 wins
VALN Valneva SE
$5.41 -11.9% 1M -43.4% 1Y
Market cap
$456.62M
P/E
–
Revenue (TTM)
$166.68M
Div. yield
–
Biotechnology Healthcare

Head to Head

8 decided of 12

Mckesson leads on 8 of the 12 questions below (Mckesson 8). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionMCKVALNLeader
Larger companyMarket capitalisation $116.42B $456.62M MCK
Cheaper on earningsLower P/E, profitable companies only 25.4x -3.4x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 21.1x — –
Faster revenue growthRevenue growth, trailing twelve months +8.8% -21.9% MCK
More profitableNet margin, trailing twelve months 1.1% -80.6% MCK
Better return on capitalReturn on invested capital 107.9% -44.8% MCK
Less leveragedLower net debt / EBITDA 0.6x — –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +23.8% -43.4% MCK
Better 5-year returnAnnualised price return, 5 years +37.4%/yr -35.2%/yr MCK
Less volatileAnnualised volatility, 1 year 30.7% 70.9% MCK
Higher overall scoreMean of the five percentile scores vs peers 58/100 34/100 MCK

Percentile Scorecard

MCKVALN

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisMCKVALN
Valuation 50 #13 of 25 56 #275 of 626
Growth 65 #9 of 24 8 #557 of 604
Profitability 65 #9 of 24 52 #267 of 555
Financial Health 48 #14 of 26 22 #517 of 658
Shareholder Returns 60 #7 of 16 33 #246 of 368
Overall 58 34
  • MCK ranked among 27 companies in Healthcare Payers and Distributors
  • VALN ranked among 673 companies in Pharmaceuticals and Biotechnology

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodMCKVALNSPY
1 month +14.5%-11.9% -0.8%
3 months +16.7%+9.1% +3.5%
6 months +19.8%-1.5% +7.0%
Year to date +21.0%-38.7% +12.2%
1 year +23.8%-43.4% +13.0%
3 years +121.6%-49.9% +86.3%
3 years, per year +30.4%-20.6% +23.1%
5 years +388.9%-88.6% +68.6%
5 years, per year +37.4%-35.2% +11.0%
10 years +526.0%— +258.0%
10 years, per year +20.1%— +13.6%

Risk

MeasureMCKVALNSPY
Volatility, 1Y 30.7%70.9% 12.7%
Downside volatility, 1Y 27.3%78.7% 12.7%
Beta vs S&P 500, 1Y -0.260.51 1.00
Return / volatility, 1Y 0.78-0.61 1.02
Max drawdown, 5Y -27.2%-94.5% -25.4%
From 52-week high -3.6%-54.9% -1.8%
52-week high $1,030.18$11.99 $779.14
52-week low $725.17$4.78 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleMCKVALN
P/E now vs peer median 25.7xmedian 24.3x -3.4xmedian 17.1x
P/S now vs peer median 0.3xmedian 0.3x 2.8xmedian 8.8x
EV/EBITDA now vs peer median 16.6xmedian 13.5x —median 17.1x
P/FCF now vs peer median 18.0xmedian 15.6x -6.9xmedian 18.0x
P/B now vs peer median -27.3xmedian 2.5x 5.1xmedian 2.1x
PEG now vs peer median 2.15median 1.33 0.01median 0.31

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsMCKVALN
Revenue $410.98B $166.68M
Gross profit $14.96B $27.35M
Operating income $6.50B -$134.30M
Net income $5.30B -$183.90M
Free cash flow $6.42B -$67.63M
R&D – $96.94M
EPS (diluted) $38.52 $-1.60
Cash & equivalents $5.16B $138.81M
Total debt $9.73B $210.28M
Shares (diluted) 119.20M 84.09M
Enterprise value $100.32B -$99.93M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricMCKVALN
P/E 25.7x -3.4x
P/FCF 18.0x -6.9x
P/Operating cash flow 16.9x -7.2x
P/S 0.3x 2.8x
P/B -27.3x 5.1x
P/Tangible book -14.0x 6.8x
EV/EBITDA 16.6x –
EV/EBIT 18.5x -4.0x
EV/Revenue 0.3x 3.2x
EV/FCF 18.8x -8.0x
EV/Operating cash flow 17.6x -8.3x
PEG (3Y EPS CAGR) 2.15 0.01

Growth

14 metrics
MetricMCKVALN
Revenue growth (1Y) 8.8% -21.9%
Revenue CAGR (3Y) 13.1% -22.0%
Gross profit growth (1Y) 11.2% -73.8%
Gross profit CAGR (3Y) 6.6% -41.6%
Operating income growth (1Y) 46.6% -146.1%
Operating income CAGR (3Y) 13.5% -379.4%
Net income growth (1Y) 58.1% -153.7%
Net income CAGR (3Y) 10.7% -164.3%
EPS growth (1Y) 52.8% -113.2%
EPS CAGR (3Y) 12.0% -322.9%
Operating cash flow growth (1Y) 4.7% -396.6%
Operating cash flow CAGR (3Y) 10.7% 33.2%
Free cash flow growth (1Y) 6.8% -154.4%
Free cash flow CAGR (3Y) 11.3% 34.4%

Profitability

14 metrics
MetricMCKVALN
Gross margin 3.6% 16.4%
EBITDA margin 1.8% –
Operating margin 1.6% -80.6%
Pretax margin 1.6% -110.3%
Net margin 1.1% -80.6%
FCF margin 1.6% -40.6%
Operating cash flow margin 1.7% -38.9%
Return on equity – -203.7%
Return on assets 6.2% -42.3%
Return on invested capital 107.9% -44.8%
Return on capital employed 43.4% -42.4%
Asset turnover 4.8x 0.4x
Cash conversion (OCF / net income) 1.3x 0.4x
Stock comp / revenue – –

Financial Health

11 metrics
MetricMCKVALN
Debt / assets 11.0% 47.4%
Debt / equity -2.3x 2.3x
Net debt / EBITDA 0.6x –
Debt / FCF 1.5x -3.1x
Liabilities / assets 104.8% 79.1%
Equity / assets -4.8% 20.9%
Interest coverage 23.6x -2.8x
Current ratio 0.9x 2.2x
Quick ratio 0.5x 1.3x
Cash ratio 0.1x 1.2x
Altman Z-score 5.90 -1.90

Shareholder Returns

7 metrics
MetricMCKVALN
Dividend yield 0.3% –
Net buyback yield 5.7% -11.2%
Shareholder yield 6.1% -11.2%
Payout ratio (earnings) 7.4% –
Payout ratio (FCF) 6.1% –
Dividend growth (1Y) 11.3% –
Dividend CAGR (3Y) 10.0% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusMCKVALN
Forward P/E 21.1xFY2026 –
EPS, next fiscal year $47.15FY2026 $-0.99FY2026
EPS growth, next FY +20.6%FY2026 –
EPS growth, the year after +11.0% –
Revenue, next fiscal year $444.47BFY2026 $162.94MFY2026
Revenue growth, next FY +10.2%FY2026 -19.0%FY2026
Revenue growth, the year after +1.5% +96.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersMCKVALN
Held by institutions 89.1% 4.4%
Institutions holding 2,007 20
Change in shares held, QoQ -0.7% -3.3%
Institutions buying 879 13
Institutions selling 791 1
Buyers to sellers 1.11 13.00

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

MCKVALN
MCK 1.00 0.03
VALN 0.03 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, MCK and VALN?

Mckesson (MCK) is the largest by market capitalisation: Mckesson (MCK) $116.42B, Valneva SE (VALN) $456.62M.

Which company is growing faster?

Mckesson (MCK) grew revenue fastest over the trailing twelve months: Mckesson (MCK) +8.8%, Valneva SE (VALN) -21.9%.

Which company is more profitable?

Mckesson (MCK) has the highest net margin (Mckesson (MCK) 1.1%, Valneva SE (VALN) -80.6%). On return on invested capital, Mckesson (MCK) leads (Mckesson (MCK) 107.9%, Valneva SE (VALN) -44.8%).

Which stock has performed better?

Over the past year Mckesson (MCK) returned the most: Mckesson (MCK) +23.8%, Valneva SE (VALN) -43.4%. Over five years, Mckesson (MCK) compounded fastest (Mckesson (MCK) +37.4%/yr, Valneva SE (VALN) -35.2%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Mckesson (MCK) 0.00%, Valneva SE (VALN) 0.00%. Valneva SE (VALN) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Mckesson (MCK) has been the steadiest (Mckesson (MCK) 30.7%, Valneva SE (VALN) 70.9%). Volatility measures how widely the price swings, not the risk of the business.

Do MCK and VALN move together?

Their daily returns over the past year have a correlation of 0.03, a weak relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, MCK and VALN?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Mckesson (MCK) leads on 8. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.