3M CO (MMM.DE) Fundamental Analysis & Valuation

FRA:MMMUS88579Y1010

Current stock price

124.8 EUR
+1.4 (+1.13%)
Last:

This MMM.DE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

7

1. MMM.DE Profitability Analysis

1.1 Basic Checks

  • In the past year MMM was profitable.
  • MMM had a positive operating cash flow in the past year.
  • Of the past 5 years MMM 4 years were profitable.
  • Each year in the past 5 years MMM had a positive operating cash flow.
MMM.DE Yearly Net Income VS EBIT VS OCF VS FCFMMM.DE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5B -5B

1.2 Ratios

  • MMM has a Return On Assets of 7.86%. This is amongst the best in the industry. MMM outperforms 100.00% of its industry peers.
  • Looking at the Return On Equity, with a value of 85.41%, MMM belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
  • MMM has a better Return On Invested Capital (14.97%) than 100.00% of its industry peers.
  • MMM had an Average Return On Invested Capital over the past 3 years of 12.20%. This is significantly above the industry average of 6.58%.
  • The last Return On Invested Capital (14.97%) for MMM is above the 3 year average (12.20%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 7.86%
ROE 85.41%
ROIC 14.97%
ROA(3y)1.75%
ROA(5y)6.05%
ROE(3y)10.74%
ROE(5y)22.16%
ROIC(3y)12.2%
ROIC(5y)11.31%
MMM.DE Yearly ROA, ROE, ROICMMM.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 50 -50 100 -100

1.3 Margins

  • The Profit Margin of MMM (11.14%) is better than 66.67% of its industry peers.
  • In the last couple of years the Profit Margin of MMM has declined.
  • With a decent Operating Margin value of 19.81%, MMM is doing good in the industry, outperforming 80.00% of the companies in the same industry.
  • MMM's Operating Margin has declined in the last couple of years.
  • MMM has a Gross Margin (39.71%) which is in line with its industry peers.
  • MMM's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 19.81%
PM (TTM) 11.14%
GM 39.71%
OM growth 3Y37.13%
OM growth 5Y-2.28%
PM growth 3Y-16.13%
PM growth 5Y-5.11%
GM growth 3Y0.43%
GM growth 5Y-3.86%
MMM.DE Yearly Profit, Operating, Gross MarginsMMM.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 40

5

2. MMM.DE Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so MMM is still creating some value.
  • MMM has less shares outstanding than it did 1 year ago.
  • MMM has less shares outstanding than it did 5 years ago.
  • MMM has a worse debt/assets ratio than last year.
MMM.DE Yearly Shares OutstandingMMM.DE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M 400M 500M
MMM.DE Yearly Total Debt VS Total AssetsMMM.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B 40B 50B

2.2 Solvency

  • MMM has an Altman-Z score of 4.28. This indicates that MMM is financially healthy and has little risk of bankruptcy at the moment.
  • With an excellent Altman-Z score value of 4.28, MMM belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
  • The Debt to FCF ratio of MMM is 6.29, which is on the high side as it means it would take MMM, 6.29 years of fcf income to pay off all of its debts.
  • MMM has a Debt to FCF ratio of 6.29. This is amongst the best in the industry. MMM outperforms 86.67% of its industry peers.
  • MMM has a Debt/Equity ratio of 3.34. This is a high value indicating a heavy dependency on external financing.
  • MMM has a Debt to Equity ratio of 3.34. This is amonst the worse of the industry: MMM underperforms 80.00% of its industry peers.
Industry RankSector Rank
Debt/Equity 3.34
Debt/FCF 6.29
Altman-Z 4.28
ROIC/WACC1.53
WACC9.8%
MMM.DE Yearly LT Debt VS Equity VS FCFMMM.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B

2.3 Liquidity

  • MMM has a Current Ratio of 1.59. This is a normal value and indicates that MMM is financially healthy and should not expect problems in meeting its short term obligations.
  • Looking at the Current ratio, with a value of 1.59, MMM is in line with its industry, outperforming 53.33% of the companies in the same industry.
  • A Quick Ratio of 1.19 indicates that MMM should not have too much problems paying its short term obligations.
  • The Quick ratio of MMM (1.19) is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 1.59
Quick Ratio 1.19
MMM.DE Yearly Current Assets VS Current LiabilitesMMM.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B

4

3. MMM.DE Growth Analysis

3.1 Past

  • MMM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 11.38%, which is quite good.
  • MMM shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -1.63% yearly.
  • MMM shows a small growth in Revenue. In the last year, the Revenue has grown by 2.08%.
  • The Revenue has been decreasing by -4.97% on average over the past years.
EPS 1Y (TTM)11.38%
EPS 3Y-7.24%
EPS 5Y-1.63%
EPS Q2Q%13.83%
Revenue 1Y (TTM)2.08%
Revenue growth 3Y-1.57%
Revenue growth 5Y-4.97%
Sales Q2Q%3.86%

3.2 Future

  • Based on estimates for the next years, MMM will show a small growth in Earnings Per Share. The EPS will grow by 7.73% on average per year.
  • The Revenue is expected to grow by 3.21% on average over the next years.
EPS Next Y8.07%
EPS Next 2Y8.4%
EPS Next 3Y7.69%
EPS Next 5Y7.73%
Revenue Next Year3.38%
Revenue Next 2Y3.28%
Revenue Next 3Y3.12%
Revenue Next 5Y3.21%

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.
MMM.DE Yearly Revenue VS EstimatesMMM.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 10B 20B 30B
MMM.DE Yearly EPS VS EstimatesMMM.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2 4 6 8 10

4

4. MMM.DE Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 17.55 indicates a rather expensive valuation of MMM.
  • Based on the Price/Earnings ratio, MMM is valued a bit cheaper than the industry average as 80.00% of the companies are valued more expensively.
  • The average S&P500 Price/Earnings ratio is at 26.64. MMM is valued slightly cheaper when compared to this.
  • Based on the Price/Forward Earnings ratio of 15.42, the valuation of MMM can be described as correct.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of MMM indicates a somewhat cheap valuation: MMM is cheaper than 66.67% of the companies listed in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 21.36, MMM is valued a bit cheaper.
Industry RankSector Rank
PE 17.55
Fwd PE 15.42
MMM.DE Price Earnings VS Forward Price EarningsMMM.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • 66.67% of the companies in the same industry are more expensive than MMM, based on the Enterprise Value to EBITDA ratio.
  • The rest of the industry has a similar Price/Free Cash Flow ratio as MMM.
Industry RankSector Rank
P/FCF 38.2
EV/EBITDA 13.38
MMM.DE Per share dataMMM.DE 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 MMM does not grow enough to justify the current Price/Earnings ratio.
  • The decent profitability rating of MMM may justify a higher PE ratio.
PEG (NY)2.17
PEG (5Y)N/A
EPS Next 2Y8.4%
EPS Next 3Y7.69%

2

5. MMM.DE Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 2.13%, MMM has a reasonable but not impressive dividend return.
  • Compared to an average industry Dividend Yield of 2.98, MMM is paying slightly less dividend.
  • MMM's Dividend Yield is comparable with the S&P500 average which is at 1.80.
Industry RankSector Rank
Dividend Yield 2.13%

5.2 History

  • The dividend of MMM decreases each year by -13.05%.
Dividend Growth(5Y)-13.05%
Div Incr Years0
Div Non Decr Years0
MMM.DE Yearly Dividends per shareMMM.DE Yearly Dividends per shareYearly Dividends per share 2018 2019 2020 2021 2022 2023 2024 2025 2026 1 2 3 4 5

5.3 Sustainability

  • 56.62% of the earnings are spent on dividend by MMM. This is a bit on the high side, but may be sustainable.
DP56.62%
EPS Next 2Y8.4%
EPS Next 3Y7.69%
MMM.DE Yearly Income VS Free CF VS DividendMMM.DE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B -2B 4B -4B 6B -6B
MMM.DE Dividend Payout.MMM.DE Dividend Payout, showing the Payout Ratio.MMM.DE Dividend Payout.PayoutRetained Earnings

MMM.DE Fundamentals: All Metrics, Ratios and Statistics

3M CO

FRA:MMM (4/30/2026, 7:00:00 PM)

124.8

+1.4 (+1.13%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryIndustrial Conglomerates
Industry Strength18.63
Industry Growth18.01
Earnings (Last)04-21
Earnings (Next)07-16
Inst Owners76.8%
Inst Owner ChangeN/A
Ins Owners0.08%
Ins Owner ChangeN/A
Market Cap65.20B
Revenue(TTM)25.02B
Net Income(TTM)2.79B
Analysts74.17
Price Target147.71 (18.36%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 2.13%
Yearly Dividend2.5
Dividend Growth(5Y)-13.05%
DP56.62%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.74%
Min EPS beat(2)0.72%
Max EPS beat(2)6.76%
EPS beat(4)4
Avg EPS beat(4)4.54%
Min EPS beat(4)0.72%
Max EPS beat(4)6.76%
EPS beat(8)8
Avg EPS beat(8)5.01%
EPS beat(12)12
Avg EPS beat(12)7.9%
EPS beat(16)15
Avg EPS beat(16)7.34%
Revenue beat(2)0
Avg Revenue beat(2)-0.92%
Min Revenue beat(2)-1.12%
Max Revenue beat(2)-0.73%
Revenue beat(4)1
Avg Revenue beat(4)-0.51%
Min Revenue beat(4)-1.12%
Max Revenue beat(4)0.1%
Revenue beat(8)2
Avg Revenue beat(8)-0.32%
Revenue beat(12)4
Avg Revenue beat(12)-0.28%
Revenue beat(16)5
Avg Revenue beat(16)-7.78%
PT rev (1m)-1.74%
PT rev (3m)-0.17%
EPS NQ rev (1m)-0.26%
EPS NQ rev (3m)-0.61%
EPS NY rev (1m)-0.18%
EPS NY rev (3m)0.17%
Revenue NQ rev (1m)-0.16%
Revenue NQ rev (3m)0.37%
Revenue NY rev (1m)-0.18%
Revenue NY rev (3m)-0.11%
Valuation
Industry RankSector Rank
PE 17.55
Fwd PE 15.42
P/S 3.05
P/FCF 38.2
P/OCF 26.34
P/B 23.38
P/tB N/A
EV/EBITDA 13.38
EPS(TTM)7.11
EY5.7%
EPS(NY)8.09
Fwd EY6.49%
FCF(TTM)3.27
FCFY2.62%
OCF(TTM)4.74
OCFY3.8%
SpS40.93
BVpS5.34
TBVpS-6.87
PEG (NY)2.17
PEG (5Y)N/A
Graham Number29.2215 (-76.59%)
Profitability
Industry RankSector Rank
ROA 7.86%
ROE 85.41%
ROCE 18.77%
ROIC 14.97%
ROICexc 17.76%
ROICexgc 26.73%
OM 19.81%
PM (TTM) 11.14%
GM 39.71%
FCFM 7.98%
ROA(3y)1.75%
ROA(5y)6.05%
ROE(3y)10.74%
ROE(5y)22.16%
ROIC(3y)12.2%
ROIC(5y)11.31%
ROICexc(3y)15.72%
ROICexc(5y)13.97%
ROICexgc(3y)26.65%
ROICexgc(5y)26.23%
ROCE(3y)15.49%
ROCE(5y)14.3%
ROICexgc growth 3Y37.58%
ROICexgc growth 5Y-7.07%
ROICexc growth 3Y54.09%
ROICexc growth 5Y1.34%
OM growth 3Y37.13%
OM growth 5Y-2.28%
PM growth 3Y-16.13%
PM growth 5Y-5.11%
GM growth 3Y0.43%
GM growth 5Y-3.86%
F-Score6
Asset Turnover0.71
Health
Industry RankSector Rank
Debt/Equity 3.34
Debt/FCF 6.29
Debt/EBITDA 1.73
Cap/Depr 66.89%
Cap/Sales 3.59%
Interest Coverage 250
Cash Conversion 45.96%
Profit Quality 71.65%
Current Ratio 1.59
Quick Ratio 1.19
Altman-Z 4.28
F-Score6
WACC9.8%
ROIC/WACC1.53
Cap/Depr(3y)79.17%
Cap/Depr(5y)83.35%
Cap/Sales(3y)5.01%
Cap/Sales(5y)5.25%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)11.38%
EPS 3Y-7.24%
EPS 5Y-1.63%
EPS Q2Q%13.83%
EPS Next Y8.07%
EPS Next 2Y8.4%
EPS Next 3Y7.69%
EPS Next 5Y7.73%
Revenue 1Y (TTM)2.08%
Revenue growth 3Y-1.57%
Revenue growth 5Y-4.97%
Sales Q2Q%3.86%
Revenue Next Year3.38%
Revenue Next 2Y3.28%
Revenue Next 3Y3.12%
Revenue Next 5Y3.21%
EBIT growth 1Y-1.18%
EBIT growth 3Y34.97%
EBIT growth 5Y-7.13%
EBIT Next Year29.64%
EBIT Next 3Y11.54%
EBIT Next 5Y9.92%
FCF growth 1Y-57.12%
FCF growth 3Y-29.43%
FCF growth 5Y-27.22%
OCF growth 1Y-53.08%
OCF growth 3Y-26.06%
OCF growth 5Y-22.56%

3M CO / MMM.DE Fundamental Analysis FAQ

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

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


What is the valuation status of 3M CO (MMM.DE) stock?

ChartMill assigns a valuation rating of 4 / 10 to 3M CO (MMM.DE). This can be considered as Fairly Valued.


What is the profitability of MMM stock?

3M CO (MMM.DE) has a profitability rating of 7 / 10.


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

The Earnings per Share (EPS) of 3M CO (MMM.DE) is expected to grow by 8.07% in the next year.


Is the dividend of 3M CO sustainable?

The dividend rating of 3M CO (MMM.DE) is 2 / 10 and the dividend payout ratio is 56.62%.