3M Co.

3M Co.

MMM

Market Cap$57.12B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
3M Co.3M Co.-8.14.95%-145%1.84.4

Earnings Call Q4 2023

January 23, 2024 - AI Summary

3M delivered a strong fourth quarter with adjusted EPS growth of 11%, operating margin expansion of 180 basis points, and robust cash flow.
The company exceeded its original earnings and cash flow guidance for the full year, with increased margins of 60 basis points and a 30% increase in free cash flow.
3M implemented significant restructuring actions in 2023, generating over $400 million in savings. These efforts included cutting management layers, reducing corporate shared services, and modernizing technology systems.

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$97.00

Target Price by Analysts

6.8% downside3M Target Price DetailsTarget Price
$133.84

Current Fair Value

28.6% upside

Undervalued by 28.6% based on the discounted cash flow analysis.

Share Statistics

Market cap$57.12 Billion
Enterprise Value$67.57 Billion
Dividend Yield$5.1075 (4.95%)
Earnings per Share$-10.62
Beta0.75
Outstanding Shares553,361,257
Avg 30 Day Volume3,712,555

Return

Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio-8.11
PEG164.92
Price to Sales1.76
Price to Book Ratio13.01
Enterprise Value to Revenue2.07
Enterprise Value to EBIT-7.6
Enterprise Value to Net Income-10
Total Debt to Enterprise0.32
Debt to Equity4.4

Revenue Sources

No data

Insider Trades

ESG Score

No data

About 3M Co.

96,163 employees
CEO: Michael Roman

3M Company is a diversified corporation manufacturing a wide range of products, including abrasives, adhesive tape and related products, and consumer-electronics components. It is headquartered in St. Paul, Minnesota. 3M apply science i...