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3M CO (1MMM.MI) Stock Fundamental Analysis

Europe - Euronext Milan - BIT:1MMM - US88579Y1010 - Common Stock

141.16 EUR
+8.68 (+6.55%)
Last: 11/7/2025, 7:00:00 PM
Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to 1MMM. 1MMM was compared to 16 industry peers in the Industrial Conglomerates industry. 1MMM scores excellent on profitability, but there are some minor concerns on its financial health. 1MMM does not seem to be growing, but still is valued expensively.


Dividend Valuation Growth Profitability Health

8

1. Profitability

1.1 Basic Checks

In the past year 1MMM was profitable.
1MMM had a positive operating cash flow in the past year.
Of the past 5 years 1MMM 4 years were profitable.
In the past 5 years 1MMM always reported a positive cash flow from operatings.
1MMM.MI Yearly Net Income VS EBIT VS OCF VS FCF1MMM.MI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5B -5B

1.2 Ratios

With an excellent Return On Assets value of 9.04%, 1MMM belongs to the best of the industry, outperforming 94.12% of the companies in the same industry.
The Return On Equity of 1MMM (73.49%) is better than 100.00% of its industry peers.
1MMM has a better Return On Invested Capital (14.75%) than 100.00% of its industry peers.
1MMM had an Average Return On Invested Capital over the past 3 years of 11.12%. This is above the industry average of 6.44%.
The 3 year average ROIC (11.12%) for 1MMM is below the current ROIC(14.75%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 9.04%
ROE 73.49%
ROIC 14.75%
ROA(3y)3.02%
ROA(5y)6.63%
ROE(3y)0.78%
ROE(5y)16.81%
ROIC(3y)11.12%
ROIC(5y)12.9%
1MMM.MI Yearly ROA, ROE, ROIC1MMM.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50 -50 100 -100

1.3 Margins

The Profit Margin of 1MMM (13.70%) is better than 76.47% of its industry peers.
1MMM's Profit Margin has improved in the last couple of years.
The Operating Margin of 1MMM (20.59%) is better than 94.12% of its industry peers.
In the last couple of years the Operating Margin of 1MMM has remained more or less at the same level.
With a Gross Margin value of 40.98%, 1MMM perfoms like the industry average, outperforming 52.94% of the companies in the same industry.
In the last couple of years the Gross Margin of 1MMM has declined.
Industry RankSector Rank
OM 20.59%
PM (TTM) 13.7%
GM 40.98%
OM growth 3Y-1.29%
OM growth 5Y0.76%
PM growth 3Y0.46%
PM growth 5Y3.85%
GM growth 3Y-4.12%
GM growth 5Y-2.49%
1MMM.MI Yearly Profit, Operating, Gross Margins1MMM.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40

6

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so 1MMM is creating value.
The number of shares outstanding for 1MMM has been reduced compared to 1 year ago.
Compared to 5 years ago, 1MMM has less shares outstanding
Compared to 1 year ago, 1MMM has a worse debt to assets ratio.
1MMM.MI Yearly Shares Outstanding1MMM.MI Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M
1MMM.MI Yearly Total Debt VS Total Assets1MMM.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10B 20B 30B 40B 50B

2.2 Solvency

1MMM has an Altman-Z score of 4.35. This indicates that 1MMM is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 4.35, 1MMM belongs to the top of the industry, outperforming 94.12% of the companies in the same industry.
1MMM has a debt to FCF ratio of 8.16. This is a slightly negative value and a sign of low solvency as 1MMM would need 8.16 years to pay back of all of its debts.
1MMM has a better Debt to FCF ratio (8.16) than 70.59% of its industry peers.
1MMM has a Debt/Equity ratio of 2.56. This is a high value indicating a heavy dependency on external financing.
1MMM has a worse Debt to Equity ratio (2.56) than 76.47% of its industry peers.
Industry RankSector Rank
Debt/Equity 2.56
Debt/FCF 8.16
Altman-Z 4.35
ROIC/WACC1.89
WACC7.82%
1MMM.MI Yearly LT Debt VS Equity VS FCF1MMM.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B

2.3 Liquidity

1MMM has a Current Ratio of 1.84. This is a normal value and indicates that 1MMM is financially healthy and should not expect problems in meeting its short term obligations.
1MMM has a Current ratio of 1.84. This is amongst the best in the industry. 1MMM outperforms 82.35% of its industry peers.
1MMM has a Quick Ratio of 1.40. This is a normal value and indicates that 1MMM is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of 1MMM (1.40) is better than 70.59% of its industry peers.
Industry RankSector Rank
Current Ratio 1.84
Quick Ratio 1.4
1MMM.MI Yearly Current Assets VS Current Liabilites1MMM.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B

3

3. Growth

3.1 Past

The earnings per share for 1MMM have decreased by -9.29% in the last year.
The Earnings Per Share has been decreasing by -2.72% on average over the past years.
1MMM shows a small growth in Revenue. In the last year, the Revenue has grown by 1.05%.
The Revenue has been decreasing by -5.22% on average over the past years.
EPS 1Y (TTM)-9.29%
EPS 3Y-7.61%
EPS 5Y-2.72%
EPS Q2Q%10.61%
Revenue 1Y (TTM)1.05%
Revenue growth 3Y-11.42%
Revenue growth 5Y-5.22%
Sales Q2Q%4.12%

3.2 Future

1MMM is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.80% yearly.
1MMM is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.50% yearly.
EPS Next Y1.8%
EPS Next 2Y4.58%
EPS Next 3Y5.84%
EPS Next 5Y4.8%
Revenue Next Year2.8%
Revenue Next 2Y3.02%
Revenue Next 3Y2.96%
Revenue Next 5Y3.5%

3.3 Evolution

When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
1MMM.MI Yearly Revenue VS Estimates1MMM.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 10B 20B 30B
1MMM.MI Yearly EPS VS Estimates1MMM.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2 4 6 8 10

3

4. Valuation

4.1 Price/Earnings Ratio

Based on the Price/Earnings ratio of 20.79, the valuation of 1MMM can be described as rather expensive.
Compared to the rest of the industry, the Price/Earnings ratio of 1MMM is on the same level as its industry peers.
1MMM's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.59.
1MMM is valuated rather expensively with a Price/Forward Earnings ratio of 18.84.
The rest of the industry has a similar Price/Forward Earnings ratio as 1MMM.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.80, 1MMM is valued a bit cheaper.
Industry RankSector Rank
PE 20.79
Fwd PE 18.84
1MMM.MI Price Earnings VS Forward Price Earnings1MMM.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

1MMM's Enterprise Value to EBITDA ratio is in line with the industry average.
1MMM's Price/Free Cash Flow is on the same level as the industry average.
Industry RankSector Rank
P/FCF 56.72
EV/EBITDA 14.97
1MMM.MI Per share data1MMM.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20 30 40

4.3 Compensation for Growth

The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates 1MMM does not grow enough to justify the current Price/Earnings ratio.
The excellent profitability rating of 1MMM may justify a higher PE ratio.
PEG (NY)11.58
PEG (5Y)N/A
EPS Next 2Y4.58%
EPS Next 3Y5.84%

2

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 1.71%, 1MMM has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.68, 1MMM is paying slightly less dividend.
Compared to the average S&P500 Dividend Yield of 2.31, 1MMM is paying slightly less dividend.
Industry RankSector Rank
Dividend Yield 1.71%

5.2 History

The dividend of 1MMM decreases each year by -8.82%.
Dividend Growth(5Y)-8.82%
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

1MMM pays out 45.66% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP45.66%
EPS Next 2Y4.58%
EPS Next 3Y5.84%
1MMM.MI Yearly Income VS Free CF VS Dividend1MMM.MI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B -2B 4B -4B 6B -6B
1MMM.MI Dividend Payout.1MMM.MI Dividend Payout, showing the Payout Ratio.1MMM.MI Dividend Payout.PayoutRetained Earnings

3M CO

BIT:1MMM (11/7/2025, 7:00:00 PM)

141.16

+8.68 (+6.55%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryIndustrial Conglomerates
Earnings (Last)10-21 2025-10-21/bmo
Earnings (Next)01-19 2026-01-19/amc
Inst Owners75.88%
Inst Owner ChangeN/A
Ins Owners0.03%
Ins Owner ChangeN/A
Market Cap75.19B
Revenue(TTM)24.82B
Net Income(TTM)3.40B
Analysts75.83
Price Target150.15 (6.37%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 1.71%
Yearly Dividend3.12
Dividend Growth(5Y)-8.82%
DP45.66%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)5.34%
Min EPS beat(2)4.49%
Max EPS beat(2)6.18%
EPS beat(4)4
Avg EPS beat(4)4.05%
Min EPS beat(4)0.09%
Max EPS beat(4)6.18%
EPS beat(8)8
Avg EPS beat(8)6.14%
EPS beat(12)11
Avg EPS beat(12)8.83%
EPS beat(16)15
Avg EPS beat(16)8.58%
Revenue beat(2)1
Avg Revenue beat(2)-0.09%
Min Revenue beat(2)-0.28%
Max Revenue beat(2)0.1%
Revenue beat(4)1
Avg Revenue beat(4)-0.32%
Min Revenue beat(4)-0.6%
Max Revenue beat(4)0.1%
Revenue beat(8)3
Avg Revenue beat(8)-0.2%
Revenue beat(12)3
Avg Revenue beat(12)-13.71%
Revenue beat(16)4
Avg Revenue beat(16)-10.42%
PT rev (1m)9.43%
PT rev (3m)11.34%
EPS NQ rev (1m)-1.32%
EPS NQ rev (3m)-1.37%
EPS NY rev (1m)1.7%
EPS NY rev (3m)4.74%
Revenue NQ rev (1m)0.21%
Revenue NQ rev (3m)0.16%
Revenue NY rev (1m)0.32%
Revenue NY rev (3m)0.32%
Valuation
Industry RankSector Rank
PE 20.79
Fwd PE 18.84
P/S 3.53
P/FCF 56.72
P/OCF 35.07
P/B 18.92
P/tB N/A
EV/EBITDA 14.97
EPS(TTM)6.79
EY4.81%
EPS(NY)7.49
Fwd EY5.31%
FCF(TTM)2.49
FCFY1.76%
OCF(TTM)4.02
OCFY2.85%
SpS40.01
BVpS7.46
TBVpS-4.7
PEG (NY)11.58
PEG (5Y)N/A
Graham Number33.76
Profitability
Industry RankSector Rank
ROA 9.04%
ROE 73.49%
ROCE 17.7%
ROIC 14.75%
ROICexc 17.98%
ROICexgc 26.38%
OM 20.59%
PM (TTM) 13.7%
GM 40.98%
FCFM 6.22%
ROA(3y)3.02%
ROA(5y)6.63%
ROE(3y)0.78%
ROE(5y)16.81%
ROIC(3y)11.12%
ROIC(5y)12.9%
ROICexc(3y)13.89%
ROICexc(5y)15.46%
ROICexgc(3y)26.14%
ROICexgc(5y)32.17%
ROCE(3y)13.54%
ROCE(5y)15.6%
ROICexgc growth 3Y-10.19%
ROICexgc growth 5Y-4.14%
ROICexc growth 3Y2.14%
ROICexc growth 5Y4.95%
OM growth 3Y-1.29%
OM growth 5Y0.76%
PM growth 3Y0.46%
PM growth 5Y3.85%
GM growth 3Y-4.12%
GM growth 5Y-2.49%
F-Score5
Asset Turnover0.66
Health
Industry RankSector Rank
Debt/Equity 2.56
Debt/FCF 8.16
Debt/EBITDA 1.88
Cap/Depr 79.42%
Cap/Sales 3.84%
Interest Coverage 250
Cash Conversion 39.56%
Profit Quality 45.4%
Current Ratio 1.84
Quick Ratio 1.4
Altman-Z 4.35
F-Score5
WACC7.82%
ROIC/WACC1.89
Cap/Depr(3y)87.82%
Cap/Depr(5y)85.14%
Cap/Sales(3y)5.49%
Cap/Sales(5y)5.14%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-9.29%
EPS 3Y-7.61%
EPS 5Y-2.72%
EPS Q2Q%10.61%
EPS Next Y1.8%
EPS Next 2Y4.58%
EPS Next 3Y5.84%
EPS Next 5Y4.8%
Revenue 1Y (TTM)1.05%
Revenue growth 3Y-11.42%
Revenue growth 5Y-5.22%
Sales Q2Q%4.12%
Revenue Next Year2.8%
Revenue Next 2Y3.02%
Revenue Next 3Y2.96%
Revenue Next 5Y3.5%
EBIT growth 1Y3.92%
EBIT growth 3Y-12.56%
EBIT growth 5Y-4.5%
EBIT Next Year34.71%
EBIT Next 3Y14.99%
EBIT Next 5Y10.56%
FCF growth 1Y-68.18%
FCF growth 3Y-52.23%
FCF growth 5Y-34.69%
OCF growth 1Y-62.26%
OCF growth 3Y-37.51%
OCF growth 5Y-23.78%

3M CO / 1MMM.MI FAQ

What is the ChartMill fundamental rating of 3M CO (1MMM.MI) stock?

ChartMill assigns a fundamental rating of 5 / 10 to 1MMM.MI.


Can you provide the valuation status for 3M CO?

ChartMill assigns a valuation rating of 2 / 10 to 3M CO (1MMM.MI). This can be considered as Overvalued.


How profitable is 3M CO (1MMM.MI) stock?

3M CO (1MMM.MI) has a profitability rating of 8 / 10.


What is the expected EPS growth for 3M CO (1MMM.MI) stock?

The Earnings per Share (EPS) of 3M CO (1MMM.MI) is expected to grow by 1.8% in the next year.


How sustainable is the dividend of 3M CO (1MMM.MI) stock?

The dividend rating of 3M CO (1MMM.MI) is 2 / 10 and the dividend payout ratio is 45.66%.