3M CO (1MMM.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:1MMM - US88579Y1010 - Common Stock
141.16 EUR
+8.68 (+6.55%)
Taking everything into account, 1MMM scores 5 out of 10 in our fundamental rating. 1MMM was compared to 16 industry peers in the Industrial Conglomerates industry. While 1MMM belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. 1MMM does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
1MMM had positive earnings in the past year.
In the past year 1MMM had a positive cash flow from operations.
1MMM had positive earnings in 4 of the past 5 years.
Each year in the past 5 years 1MMM had a positive operating cash flow.
1.2 Ratios
1MMM has a Return On Assets of 9.04%. This is amongst the best in the industry. 1MMM outperforms 94.12% of its industry peers.
With an excellent Return On Equity value of 73.49%, 1MMM belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
With an excellent Return On Invested Capital value of 14.75%, 1MMM belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
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 Rank | Sector 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%
1.3 Margins
Looking at the Profit Margin, with a value of 13.70%, 1MMM is in the better half of the industry, outperforming 76.47% of the companies in the same industry.
In the last couple of years the Profit Margin of 1MMM has grown nicely.
1MMM has a Operating Margin of 20.59%. This is amongst the best in the industry. 1MMM outperforms 94.12% of its industry peers.
1MMM's Operating Margin has been stable in the last couple of years.
The Gross Margin of 1MMM (40.98%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of 1MMM has declined.
| Industry Rank | Sector 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%
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.
The number of shares outstanding for 1MMM has been reduced compared to 5 years ago.
1MMM has a worse debt/assets ratio than last year.
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.
With an excellent Altman-Z score value of 4.35, 1MMM belongs to the best of the industry, outperforming 94.12% of the companies in the same industry.
The Debt to FCF ratio of 1MMM is 8.16, which is on the high side as it means it would take 1MMM, 8.16 years of fcf income to pay off all of its debts.
1MMM's Debt to FCF ratio of 8.16 is fine compared to the rest of the industry. 1MMM outperforms 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 Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.56 | ||
| Debt/FCF | 8.16 | ||
| Altman-Z | 4.35 |
ROIC/WACC1.89
WACC7.82%
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's Current ratio of 1.84 is amongst the best of 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.
With a decent Quick ratio value of 1.40, 1MMM is doing good in the industry, outperforming 70.59% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.84 | ||
| Quick Ratio | 1.4 |
3. Growth
3.1 Past
1MMM shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -9.29%.
The Earnings Per Share has been decreasing by -2.72% on average over the past years.
Looking at the last year, 1MMM shows a small growth in Revenue. The Revenue has grown by 1.05% in the last year.
Measured over the past years, 1MMM shows a decrease in Revenue. The Revenue has been decreasing by -5.22% on average per year.
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.
The Revenue is expected to grow by 3.50% on average over the next years.
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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 20.79, which indicates a rather expensive current valuation of 1MMM.
1MMM's Price/Earnings is on the same level as the industry average.
1MMM is valuated rather cheaply when we compare the Price/Earnings ratio to 26.46, which is the current average of the S&P500 Index.
1MMM is valuated rather expensively with a Price/Forward Earnings ratio of 18.84.
Compared to the rest of the industry, the Price/Forward Earnings ratio of 1MMM is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.10, 1MMM is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.79 | ||
| Fwd PE | 18.84 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as 1MMM.
1MMM's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 56.72 | ||
| EV/EBITDA | 14.97 |
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%
5. Dividend
5.1 Amount
1MMM has a Yearly Dividend Yield of 1.71%. Purely for dividend investing, there may be better candidates out there.
1MMM's Dividend Yield is slightly below the industry average, which is at 3.66.
1MMM's Dividend Yield is slightly below the S&P500 average, which is at 2.32.
| Industry Rank | Sector 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%
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)
Earnings (Next)
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 Rank | Sector 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 Rank | Sector 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 Rank | Sector 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 Rank | Sector 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%.