US88579Y1010 - Common Stock

**MMM** gets a fundamental rating of **4** out of 10. The analysis compared the fundamentals against 10 industry peers in the **Industrial Conglomerates** industry. **MMM** has only an average score on both its financial health and profitability. **MMM** is valued correctly, but it does not seem to be growing.

Of the past 5 years **MMM** 4 years were profitable.

In the past 5 years **MMM** always reported a positive cash flow from operatings.

Measured over the past 3 years, the **Average Return On Invested Capital** for **MMM** is significantly above the industry average of **7.71%**.

Industry Rank | Sector Rank | ||
---|---|---|---|

ROA | -12.75% | ||

ROE | -144.74% | ||

ROIC | 13.07% |

ROA(3y)3.73%

ROA(5y)6.56%

ROE(3y)-22.31%

ROE(5y)4.06%

ROIC(3y)14.01%

ROIC(5y)14.74%

Industry Rank | Sector Rank | ||
---|---|---|---|

OM | 18.64% | ||

PM (TTM) | N/A | ||

GM | 44.55% |

OM growth 3Y-6.55%

OM growth 5Y-3.16%

PM growth 3YN/A

PM growth 5YN/A

GM growth 3Y-3.43%

GM growth 5Y-2.3%

With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), **MMM** is creating value.

Compared to 1 year ago, **MMM** has more shares outstanding

The number of shares outstanding for **MMM** has been reduced compared to 5 years ago.

Compared to 1 year ago, **MMM** has an improved debt to assets ratio.

An Altman-Z score of **2.74** indicates that **MMM** is not a great score, but indicates only limited risk for bankruptcy at the moment.

Looking at the **Debt to FCF ratio**, with a value of **4.60**, **MMM** is in line with its industry, outperforming **60.00%** of the companies in the same industry.

Industry Rank | Sector Rank | ||
---|---|---|---|

Debt/Equity | 4.23 | ||

Debt/FCF | 4.6 | ||

Altman-Z | 2.74 |

ROIC/WACC1.69

WACC7.72%

A Current Ratio of **1.64** indicates that **MMM** should not have too much problems paying its short term obligations.

Looking at the **Current ratio**, with a value of **1.64**, **MMM** is in the better half of the industry, outperforming **80.00%** of the companies in the same industry.

A Quick Ratio of **1.27** indicates that **MMM** should not have too much problems paying its short term obligations.

With a decent **Quick ratio** value of **1.27**, **MMM** is doing good in the industry, outperforming **80.00%** of the companies in the same industry.

Industry Rank | Sector Rank | ||
---|---|---|---|

Current Ratio | 1.64 | ||

Quick Ratio | 1.27 |

Measured over the past years, **MMM** shows a decrease in **Earnings Per Share**. The EPS has been decreasing by **-1.53%** on average per year.

Looking at the last year, **MMM** shows a decrease in **Revenue**. The Revenue has decreased by **-2.33%** in the last year.

The **Revenue** has been decreasing by **-0.05%** on average over the past years.

EPS 1Y (TTM)2.55%

EPS 3Y1.83%

EPS 5Y-1.53%

EPS Q2Q%21.32%

Revenue 1Y (TTM)-2.33%

Revenue growth 3Y0.51%

Revenue growth 5Y-0.05%

Sales Q2Q%-0.35%

The **Earnings Per Share** is expected to grow by **1.39%** on average over the next years.

The **Revenue** is expected to decrease by **-2.16%** on average over the next years.

EPS Next Y-16.2%

EPS Next 2Y-9.1%

EPS Next 3Y-4.67%

EPS Next 5Y1.39%

Revenue Next Year-18.65%

Revenue Next 2Y-11.92%

Revenue Next 3Y-7.08%

Revenue Next 5Y-2.16%

The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.

The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.

Based on the **Price/Earnings** ratio of **10.32**, the valuation of **MMM** can be described as reasonable.

70.00% of the companies in the same industry are more expensive than **MMM**, based on the **Price/Earnings** ratio.

The average S&P500 **Price/Earnings** ratio is at **28.24**. **MMM** is valued rather cheaply when compared to this.

With a **Price/Forward Earnings** ratio of **13.05**, **MMM** is valued correctly.

Based on the **Price/Forward Earnings** ratio, **MMM** is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.

When comparing the **Price/Forward Earnings** ratio of **MMM** to the average of the S&P500 Index (**19.93**), we can say **MMM** is valued slightly cheaper.

Industry Rank | Sector Rank | ||
---|---|---|---|

PE | 10.32 | ||

Fwd PE | 13.05 |

Based on the **Enterprise Value to EBITDA** ratio, **MMM** is valued a bit cheaper than 70.00% of the companies in the same industry.

Compared to the rest of the industry, the **Price/Free Cash Flow** ratio of **MMM** indicates a somewhat cheap valuation: **MMM** is cheaper than 80.00% of the companies listed in the same industry.

Industry Rank | Sector Rank | ||
---|---|---|---|

P/FCF | 11.84 | ||

EV/EBITDA | 8.14 |

A cheap valuation may be justified as **MMM**'s earnings are expected to decrease with **-4.67%** in the coming years.

PEG (NY)N/A

PEG (5Y)N/A

EPS Next 2Y-9.1%

EPS Next 3Y-4.67%

With a **Yearly Dividend Yield** of **2.81%**, **MMM** has a reasonable but not impressive dividend return.

Compared to an average S&P500 **Dividend Yield** of **2.36**, **MMM** has a dividend comparable with the average S&P500 company.

Industry Rank | Sector Rank | ||
---|---|---|---|

Dividend Yield | 2.81% |

The dividend of **MMM** has a limited annual growth rate of **1.98%**.

Dividend Growth(5Y)1.98%

Div Incr Years19

Div Non Decr Years19

DP-47.12%

EPS Next 2Y-9.1%

EPS Next 3Y-4.67%

**3M CO**

NYSE:MMM (5/24/2024, 7:04:00 PM)

After market: 99.99 +0.32 (+0.32%)**99.67**

**+0.16 (+0.16%) **

Chartmill FA Rating

GICS SectorIndustrials

GICS IndustryGroupCapital Goods

GICS IndustryIndustrial Conglomerates

Earnings (Last)

Earnings (Next)

Inst Owners

Inst Owner Change

Ins Owners

Ins Owner Change

Market Cap55.15B

Analysts

Price Target

Dividend

Industry Rank | Sector Rank | ||
---|---|---|---|

Dividend Yield | 2.81% |

Dividend Growth(5Y)

DP

Div Incr Years

Div Non Decr Years

Ex-Date

Surprises & Revisions

EPS beat(2)

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EPS beat(16)

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Revenue beat(2)

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Revenue beat(8)

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Revenue beat(16)

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PT rev (1m)

PT rev (3m)

EPS NQ rev (1m)

EPS NQ rev (3m)

EPS NY rev (1m)

EPS NY rev (3m)

Revenue NQ rev (1m)

Revenue NQ rev (3m)

Revenue NY rev (1m)

Revenue NY rev (3m)

Valuation

Industry Rank | Sector Rank | ||
---|---|---|---|

PE | 10.32 | ||

Fwd PE | 13.05 | ||

P/S | |||

P/FCF | |||

P/OCF | |||

P/B | |||

P/tB | |||

EV/EBITDA |

EPS(TTM)

EY

EPS(NY)

Fwd EY

FCF(TTM)

FCFY

OCF(TTM)

OCFY

SpS

BVpS

TBVpS

PEG (NY)N/A

PEG (5Y)N/A

Profitability

Industry Rank | Sector Rank | ||
---|---|---|---|

ROA | -12.75% | ||

ROE | -144.74% | ||

ROCE | |||

ROIC | |||

ROICexc | |||

ROICexgc | |||

OM | 18.64% | ||

PM (TTM) | N/A | ||

GM | 44.55% | ||

FCFM |

ROA(3y)

ROA(5y)

ROE(3y)

ROE(5y)

ROIC(3y)

ROIC(5y)

ROICexc(3y)

ROICexc(5y)

ROICexgc(3y)

ROICexgc(5y)

ROCE(3y)

ROCE(5y)

ROICexcg growth 3Y

ROICexcg growth 5Y

ROICexc growth 3Y

ROICexc growth 5Y

OM growth 3Y

OM growth 5Y

PM growth 3Y

PM growth 5Y

GM growth 3Y

GM growth 5Y

F-Score

Asset Turnover0.59

Health

Industry Rank | Sector Rank | ||
---|---|---|---|

Debt/Equity | 4.23 | ||

Debt/FCF | |||

Debt/EBITDA | |||

Cap/Depr | |||

Cap/Sales | |||

Interest Coverage | |||

Cash Conversion | |||

Profit Quality | |||

Current Ratio | 1.64 | ||

Quick Ratio | 1.27 | ||

Altman-Z |

F-Score

WACC

ROIC/WACC

Cap/Depr(3y)

Cap/Depr(5y)

Cap/Sales(3y)

Cap/Sales(5y)

Profit Quality(3y)

Profit Quality(5y)

High Growth Momentum

Growth

EPS 1Y (TTM)2.55%

EPS 3Y1.83%

EPS 5Y

EPS Q2Q%

EPS Next Y-16.2%

EPS Next 2Y

EPS Next 3Y

EPS Next 5Y

Revenue 1Y (TTM)-2.33%

Revenue growth 3Y0.51%

Revenue growth 5Y

Sales Q2Q%

Revenue Next Year

Revenue Next 2Y

Revenue Next 3Y

Revenue Next 5Y

EBIT growth 1Y

EBIT growth 3Y

EBIT growth 5Y

EBIT Next Year

EBIT Next 3Y

EBIT Next 5Y

FCF growth 1Y

FCF growth 3Y

FCF growth 5Y

OCF growth 1Y

OCF growth 3Y

OCF growth 5Y