3M CO (MMM.DE) Stock Fundamental Analysis
Europe • Frankfurt Stock Exchange • FRA:MMM • US88579Y1010
129.62 EUR
-0.98 (-0.75%)
Last: Jan 30, 2026, 07:00 PM
We assign a fundamental rating of 4 out of 10 to MMM. MMM was compared to 16 industry peers in the Industrial Conglomerates industry. While MMM has a great profitability rating, there are some minor concerns on its financial health. MMM is valued expensive and it does not seem to be growing.
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.
- In the past 5 years MMM always reported a positive cash flow from operatings.
1.2 Ratios
- MMM has a better Return On Assets (8.61%) than 94.44% of its industry peers.
- With an excellent Return On Equity value of 68.46%, MMM 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 13.64%, MMM belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for MMM 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 Rank | Sector 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%
1.3 Margins
- MMM's Profit Margin of 13.03% is amongst the best of the industry. MMM outperforms 83.33% 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 83.33% of its industry peers.
- MMM's Operating Margin has declined in the last couple of years.
- Looking at the Gross Margin, with a value of 39.91%, MMM is in line with its industry, outperforming 55.56% 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 | 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%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), MMM is creating some 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.
- Compared to 1 year ago, MMM has a worse debt to assets ratio.
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.
- With a decent Debt to FCF ratio value of 9.33, MMM is doing good in the industry, outperforming 61.11% of the companies in the same industry.
- A Debt/Equity ratio of 2.30 is on the high side and indicates that MMM has dependencies on debt financing.
- Looking at the Debt to Equity ratio, with a value of 2.30, MMM is doing worse than 72.22% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.3 | ||
| Debt/FCF | 9.33 | ||
| Altman-Z | N/A |
ROIC/WACC1.68
WACC8.13%
2.3 Liquidity
- MMM has a Current Ratio of 1.71. 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 Current ratio of 1.71 is amongst the best of the industry. MMM outperforms 83.33% of its industry peers.
- A Quick Ratio of 1.33 indicates that MMM should not have too much problems paying its short term obligations.
- MMM has a better Quick ratio (1.33) than 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.71 | ||
| Quick Ratio | 1.33 |
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.
- The Revenue has been growing slightly by 1.52% in the past year.
- Measured over the past years, MMM shows a decrease in Revenue. The Revenue has been decreasing by -4.97% on average per year.
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
- MMM is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.78% yearly.
- The Revenue is expected to grow by 3.91% on average over the next years.
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
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 19.17, the valuation of MMM can be described as rather expensive.
- MMM's Price/Earnings ratio is a bit cheaper when compared to the industry. MMM is cheaper than 72.22% of the companies in the same industry.
- The average S&P500 Price/Earnings ratio is at 28.32. MMM is valued slightly cheaper when compared to this.
- With a Price/Forward Earnings ratio of 17.77, MMM is valued on the expensive side.
- MMM's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. MMM is cheaper than 72.22% of the companies in the same industry.
- MMM is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 25.57, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.17 | ||
| Fwd PE | 17.77 |
4.2 Price Multiples
- The rest of the industry has a similar Price/Free Cash Flow ratio as MMM.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 60.79 | ||
| EV/EBITDA | N/A |
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 decent profitability rating of MMM may justify a higher PE ratio.
PEG (NY)2.43
PEG (5Y)N/A
EPS Next 2Y8.05%
EPS Next 3Y7.7%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 1.87%, MMM has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 3.06, MMM is paying slightly less dividend.
- Compared to an average S&P500 Dividend Yield of 1.83, MMM has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector 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
5.3 Sustainability
DP0%
EPS Next 2Y8.05%
EPS Next 3Y7.7%
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 19.17 and the Price/Book (PB) ratio is 17.29.
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.