3M CO (MMM.DE) Stock Fundamental Analysis

Europe • Frankfurt Stock Exchange • FRA:MMM • US88579Y1010

138.74 EUR
+0.36 (+0.26%)
Last: Feb 5, 2026, 07:00 PM
Fundamental Rating

4

MMM gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 16 industry peers in the Industrial Conglomerates industry. MMM has an excellent profitability rating, but there are some minor concerns on its financial health. MMM is valued expensive and it does not seem to be growing.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • MMM had positive earnings in the past year.
  • In the past year MMM had a positive cash flow from operations.
  • Of the past 5 years MMM 4 years were profitable.
  • MMM had a positive operating cash flow in each of the past 5 years.
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

  • With an excellent Return On Assets value of 8.61%, MMM belongs to the best of the industry, outperforming 93.75% of the companies in the same industry.
  • The Return On Equity of MMM (68.46%) is better than 100.00% of its industry peers.
  • The Return On Invested Capital of MMM (13.64%) is better than 100.00% of its industry peers.
  • MMM had an Average Return On Invested Capital over the past 3 years of 12.18%. This is significantly above the industry average of 6.41%.
  • The 3 year average ROIC (12.18%) for MMM is below the current ROIC(13.64%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 8.61%
ROE 68.46%
ROIC 13.64%
ROA(3y)1.75%
ROA(5y)6.05%
ROE(3y)10.52%
ROE(5y)22.03%
ROIC(3y)12.18%
ROIC(5y)11.3%
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 (13.03%) is better than 81.25% of its industry peers.
  • MMM's Profit Margin has declined in the last couple of years.
  • MMM's Operating Margin of 19.29% is amongst the best of the industry. MMM outperforms 87.50% of its industry peers.
  • In the last couple of years the Operating Margin of MMM has declined.
  • MMM has a Gross Margin (39.91%) which is comparable to the rest of the industry.
  • MMM's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 19.29%
PM (TTM) 13.03%
GM 39.92%
OM growth 3Y36.93%
OM growth 5Y-2.37%
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

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. Health

2.1 Basic Checks

  • MMM has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
  • MMM has less shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, MMM has less shares outstanding
  • Compared to 1 year ago, MMM has a worse debt to assets ratio.
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

  • The Debt to FCF ratio of MMM is 9.33, which is on the high side as it means it would take MMM, 9.33 years of fcf income to pay off all of its debts.
  • The Debt to FCF ratio of MMM (9.33) is better than 62.50% of its industry peers.
  • A Debt/Equity ratio of 2.30 is on the high side and indicates that MMM has dependencies on debt financing.
  • MMM has a worse Debt to Equity ratio (2.30) than 75.00% of its industry peers.
Industry RankSector Rank
Debt/Equity 2.3
Debt/FCF 9.33
Altman-Z N/A
ROIC/WACC1.66
WACC8.2%
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

  • A Current Ratio of 1.71 indicates that MMM should not have too much problems paying its short term obligations.
  • MMM has a better Current ratio (1.71) than 81.25% of its industry peers.
  • MMM has a Quick Ratio of 1.33. This is a normal value and indicates that MMM is financially healthy and should not expect problems in meeting its short term obligations.
  • MMM's Quick ratio of 1.33 is fine compared to the rest of the industry. MMM outperforms 62.50% of its industry peers.
Industry RankSector Rank
Current Ratio 1.71
Quick Ratio 1.33
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

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. Growth

3.1 Past

  • MMM shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 1.00%.
  • Measured over the past years, MMM shows a decrease in Earnings Per Share. The EPS has been decreasing by -1.63% on average per year.
  • MMM shows a small growth in Revenue. In the last year, the Revenue has grown by 1.52%.
  • The Revenue has been decreasing by -4.97% on average over the past years.
EPS 1Y (TTM)1%
EPS 3Y-7.24%
EPS 5Y-1.63%
EPS Q2Q%8.93%
Revenue 1Y (TTM)1.52%
Revenue growth 3Y-1.57%
Revenue growth 5Y-4.97%
Sales Q2Q%3.7%

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 5.78% on average per year.
  • Based on estimates for the next years, MMM will show a small growth in Revenue. The Revenue will grow by 3.91% on average per year.
EPS Next Y7.89%
EPS Next 2Y8.05%
EPS Next 3Y7.7%
EPS Next 5Y5.78%
Revenue Next Year3.49%
Revenue Next 2Y3.29%
Revenue Next 3Y3.04%
Revenue Next 5Y3.91%

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.
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 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 2 4 6 8 10

More info and screens

Find the best growth stocksShow best growing peers

3

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 20.34, MMM is valued on the expensive side.
  • Based on the Price/Earnings ratio, MMM is valued a bit cheaper than 62.50% of the companies in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 27.67, MMM is valued a bit cheaper.
  • MMM is valuated rather expensively with a Price/Forward Earnings ratio of 18.86.
  • 68.75% of the companies in the same industry are more expensive than MMM, based on the Price/Forward Earnings ratio.
  • MMM is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 27.20, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 20.34
Fwd PE 18.86
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

  • The rest of the industry has a similar Price/Free Cash Flow ratio as MMM.
Industry RankSector Rank
P/FCF 64.53
EV/EBITDA N/A
MMM.DE Per share dataMMM.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20 30

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.
  • MMM has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)2.58
PEG (5Y)N/A
EPS Next 2Y8.05%
EPS Next 3Y7.7%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

2

5. Dividend

5.1 Amount

  • MMM has a Yearly Dividend Yield of 1.87%.
  • MMM's Dividend Yield is slightly below the industry average, which is at 3.06.
  • MMM's Dividend Yield is comparable with the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 1.87%

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
MMM.DE Yearly Dividends per shareMMM.DE Yearly Dividends per shareYearly Dividends per share 2018 2019 2020 2021 2022 2023 2024 2025 1 2 3 4 5

5.3 Sustainability

DP0%
EPS Next 2Y8.05%
EPS Next 3Y7.7%
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

More info and screens

Find the best dividend stocksShow peers with best dividend

3M CO

FRA:MMM (2/5/2026, 7:00:00 PM)

138.74

+0.36 (+0.26%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryIndustrial Conglomerates
Earnings (Last)01-20
Earnings (Next)04-20
Inst Owners74.31%
Inst Owner ChangeN/A
Ins Owners0.03%
Ins Owner ChangeN/A
Market Cap73.70B
Revenue(TTM)24.95B
Net Income(TTM)3.25B
Analysts75.65
Price Target147.5 (6.31%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 1.87%
Yearly Dividend3.05
Dividend Growth(5Y)-8.82%
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)2.6%
Min EPS beat(2)0.72%
Max EPS beat(2)4.49%
EPS beat(4)4
Avg EPS beat(4)4.2%
Min EPS beat(4)0.72%
Max EPS beat(4)6.18%
EPS beat(8)8
Avg EPS beat(8)5.76%
EPS beat(12)12
Avg EPS beat(12)9.27%
EPS beat(16)15
Avg EPS beat(16)7.77%
Revenue beat(2)1
Avg Revenue beat(2)-0.32%
Min Revenue beat(2)-0.73%
Max Revenue beat(2)0.1%
Revenue beat(4)1
Avg Revenue beat(4)-0.38%
Min Revenue beat(4)-0.73%
Max Revenue beat(4)0.1%
Revenue beat(8)3
Avg Revenue beat(8)-0.15%
Revenue beat(12)4
Avg Revenue beat(12)-1.84%
Revenue beat(16)5
Avg Revenue beat(16)-7.71%
PT rev (1m)-0.81%
PT rev (3m)6.08%
EPS NQ rev (1m)-0.8%
EPS NQ rev (3m)1.47%
EPS NY rev (1m)-0.4%
EPS NY rev (3m)0.56%
Revenue NQ rev (1m)-0.24%
Revenue NQ rev (3m)1.61%
Revenue NY rev (1m)0.39%
Revenue NY rev (3m)0.89%
Valuation
Industry RankSector Rank
PE 20.34
Fwd PE 18.86
P/S 3.49
P/FCF 64.53
P/OCF 38.55
P/B 18.35
P/tB N/A
EV/EBITDA N/A
EPS(TTM)6.82
EY4.92%
EPS(NY)7.36
Fwd EY5.3%
FCF(TTM)2.15
FCFY1.55%
OCF(TTM)3.6
OCFY2.59%
SpS39.73
BVpS7.56
TBVpS-4.42
PEG (NY)2.58
PEG (5Y)N/A
Graham Number34.06
Profitability
Industry RankSector Rank
ROA 8.61%
ROE 68.46%
ROCE 17.1%
ROIC 13.64%
ROICexc 17.28%
ROICexgc 26.14%
OM 19.29%
PM (TTM) 13.03%
GM 39.92%
FCFM 5.41%
ROA(3y)1.75%
ROA(5y)6.05%
ROE(3y)10.52%
ROE(5y)22.03%
ROIC(3y)12.18%
ROIC(5y)11.3%
ROICexc(3y)15.69%
ROICexc(5y)13.95%
ROICexgc(3y)26.61%
ROICexgc(5y)26.21%
ROCE(3y)15.47%
ROCE(5y)14.28%
ROICexgc growth 3Y37.38%
ROICexgc growth 5Y-7.15%
ROICexc growth 3Y53.86%
ROICexc growth 5Y1.26%
OM growth 3Y36.93%
OM growth 5Y-2.37%
PM growth 3Y-16.13%
PM growth 5Y-5.11%
GM growth 3Y0.43%
GM growth 5Y-3.86%
F-Score5
Asset Turnover0.66
Health
Industry RankSector Rank
Debt/Equity 2.3
Debt/FCF 9.33
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales 3.65%
Interest Coverage 250
Cash Conversion N/A
Profit Quality 41.54%
Current Ratio 1.71
Quick Ratio 1.33
Altman-Z N/A
F-Score5
WACC8.2%
ROIC/WACC1.66
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
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)1%
EPS 3Y-7.24%
EPS 5Y-1.63%
EPS Q2Q%8.93%
EPS Next Y7.89%
EPS Next 2Y8.05%
EPS Next 3Y7.7%
EPS Next 5Y5.78%
Revenue 1Y (TTM)1.52%
Revenue growth 3Y-1.57%
Revenue growth 5Y-4.97%
Sales Q2Q%3.7%
Revenue Next Year3.49%
Revenue Next 2Y3.29%
Revenue Next 3Y3.04%
Revenue Next 5Y3.91%
EBIT growth 1Y-3.93%
EBIT growth 3Y34.78%
EBIT growth 5Y-7.22%
EBIT Next Year31.09%
EBIT Next 3Y12.37%
EBIT Next 5Y10.54%
FCF growth 1Y111.6%
FCF growth 3Y-29.43%
FCF growth 5Y-27.22%
OCF growth 1Y24.24%
OCF growth 3Y-26.06%
OCF growth 5Y-22.56%

3M CO / MMM.DE FAQ

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

ChartMill assigns a fundamental rating of 4 / 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 7 / 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 20.34 and the Price/Book (PB) ratio is 18.35.


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 7.89% in the next year.