3M CO (MMM.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:MMM - US88579Y1010 - Common Stock
148.88 EUR
+2.66 (+1.82%)
We assign a fundamental rating of 5 out of 10 to MMM. MMM was compared to 15 industry peers in the Industrial Conglomerates industry. MMM scores excellent on profitability, but there are some minor concerns on its financial health. MMM has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
- In the past year MMM was profitable.
- In the past year MMM had a positive cash flow from operations.
- Of the past 5 years MMM 4 years were profitable.
- In the past 5 years MMM always reported a positive cash flow from operatings.
1.2 Ratios
- MMM has a Return On Assets of 9.04%. This is amongst the best in the industry. MMM outperforms 93.33% of its industry peers.
- MMM's Return On Equity of 73.49% is amongst the best of the industry. MMM outperforms 100.00% of its industry peers.
- MMM has a better Return On Invested Capital (14.75%) than 100.00% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for MMM is above the industry average of 6.40%.
- The last Return On Invested Capital (14.75%) for MMM is above the 3 year average (11.12%), which is a sign of increasing profitability.
| 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
- MMM's Profit Margin of 13.70% is fine compared to the rest of the industry. MMM outperforms 73.33% of its industry peers.
- MMM's Profit Margin has improved in the last couple of years.
- MMM's Operating Margin of 20.59% is amongst the best of the industry. MMM outperforms 93.33% of its industry peers.
- MMM's Operating Margin has been stable in the last couple of years.
- With a Gross Margin value of 40.98%, MMM perfoms like the industry average, outperforming 46.67% of the companies in the same industry.
- In the last couple of years the Gross Margin of MMM 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 MMM is creating value.
- Compared to 1 year ago, MMM has less shares outstanding
- The number of shares outstanding for MMM has been reduced compared to 5 years ago.
- MMM has a worse debt/assets ratio than last year.
2.2 Solvency
- MMM has an Altman-Z score of 4.43. This indicates that MMM is financially healthy and has little risk of bankruptcy at the moment.
- With an excellent Altman-Z score value of 4.43, MMM belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
- MMM has a debt to FCF ratio of 8.16. This is a slightly negative value and a sign of low solvency as MMM would need 8.16 years to pay back of all of its debts.
- MMM has a better Debt to FCF ratio (8.16) than 66.67% of its industry peers.
- MMM has a Debt/Equity ratio of 2.56. This is a high value indicating a heavy dependency on external financing.
- With a Debt to Equity ratio value of 2.56, MMM is not doing good in the industry: 80.00% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.56 | ||
| Debt/FCF | 8.16 | ||
| Altman-Z | 4.43 |
ROIC/WACC1.87
WACC7.87%
2.3 Liquidity
- A Current Ratio of 1.84 indicates that MMM should not have too much problems paying its short term obligations.
- MMM has a better Current ratio (1.84) than 80.00% of its industry peers.
- A Quick Ratio of 1.40 indicates that MMM should not have too much problems paying its short term obligations.
- MMM's Quick ratio of 1.40 is fine compared to the rest of the industry. MMM outperforms 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.84 | ||
| Quick Ratio | 1.4 |
3. Growth
3.1 Past
- The earnings per share for MMM have decreased by -9.29% in the last year.
- MMM shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -2.72% yearly.
- The Revenue has been growing slightly by 1.05% in the past year.
- Measured over the past years, MMM 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
- The Earnings Per Share is expected to grow by 4.80% on average over the next years.
- MMM is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.73% yearly.
EPS Next Y1.72%
EPS Next 2Y4.6%
EPS Next 3Y5.85%
EPS Next 5Y4.8%
Revenue Next Year2.79%
Revenue Next 2Y3.03%
Revenue Next 3Y3.01%
Revenue Next 5Y3.73%
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
- A Price/Earnings ratio of 21.89 indicates a rather expensive valuation of MMM.
- Compared to the rest of the industry, the Price/Earnings ratio of MMM is on the same level as its industry peers.
- Compared to an average S&P500 Price/Earnings ratio of 27.54, MMM is valued a bit cheaper.
- Based on the Price/Forward Earnings ratio of 19.82, the valuation of MMM can be described as rather expensive.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of MMM is on the same level as its industry peers.
- The average S&P500 Price/Forward Earnings ratio is at 24.31. MMM is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.89 | ||
| Fwd PE | 19.82 |
4.2 Price Multiples
- MMM's Enterprise Value to EBITDA is on the same level as the industry average.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of MMM is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 59.54 | ||
| EV/EBITDA | 15.66 |
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 excellent profitability rating of MMM may justify a higher PE ratio.
PEG (NY)12.71
PEG (5Y)N/A
EPS Next 2Y4.6%
EPS Next 3Y5.85%
5. Dividend
5.1 Amount
- MMM has a Yearly Dividend Yield of 1.77%.
- MMM's Dividend Yield is slightly below the industry average, which is at 3.19.
- Compared to an average S&P500 Dividend Yield of 1.92, MMM has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.77% |
5.2 History
- The dividend of MMM decreases each year by -8.82%.
Dividend Growth(5Y)-8.82%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- MMM 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 2Y4.6%
EPS Next 3Y5.85%
FRA:MMM (1/15/2026, 7:00:00 PM)
148.88
+2.66 (+1.82%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryIndustrial Conglomerates
Earnings (Last)10-21 2025-10-21/bmo
Earnings (Next)01-20 2026-01-20/amc
Inst Owners74.31%
Inst Owner ChangeN/A
Ins Owners0.03%
Ins Owner ChangeN/A
Market Cap79.09B
Revenue(TTM)24.82B
Net Income(TTM)3.40B
Analysts75.65
Price Target148.71 (-0.11%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.77% |
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)4
Avg Revenue beat(12)-10.1%
Revenue beat(16)5
Avg Revenue beat(16)-7.71%
PT rev (1m)-1.11%
PT rev (3m)6.94%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-1.32%
EPS NY rev (1m)0%
EPS NY rev (3m)1.63%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.21%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.31%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.89 | ||
| Fwd PE | 19.82 | ||
| P/S | 3.7 | ||
| P/FCF | 59.54 | ||
| P/OCF | 36.82 | ||
| P/B | 19.86 | ||
| P/tB | N/A | ||
| EV/EBITDA | 15.66 |
EPS(TTM)6.8
EY4.57%
EPS(NY)7.51
Fwd EY5.05%
FCF(TTM)2.5
FCFY1.68%
OCF(TTM)4.04
OCFY2.72%
SpS40.2
BVpS7.49
TBVpS-4.72
PEG (NY)12.71
PEG (5Y)N/A
Graham Number33.86
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 | 4.43 |
F-Score5
WACC7.87%
ROIC/WACC1.87
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 Y1.72%
EPS Next 2Y4.6%
EPS Next 3Y5.85%
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 Year2.79%
Revenue Next 2Y3.03%
Revenue Next 3Y3.01%
Revenue Next 5Y3.73%
EBIT growth 1Y3.92%
EBIT growth 3Y-12.56%
EBIT growth 5Y-4.5%
EBIT Next Year35.75%
EBIT Next 3Y14.67%
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 / MMM.DE 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 3 / 10 to 3M CO (MMM.DE). This can be considered as Overvalued.
Can you provide the profitability details for 3M CO?
3M CO (MMM.DE) has a profitability rating of 8 / 10.
What is the valuation of 3M CO based on its PE and PB ratios?
The Price/Earnings (PE) ratio for 3M CO (MMM.DE) is 21.89 and the Price/Book (PB) ratio is 19.86.
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 1.72% in the next year.