Company Valuation: 3M Company

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 102,360 69,104 60,379 70,297 85,049 83,991 - -
Change - -32.49% -12.63% 16.43% 20.99% -1.24% - -
Enterprise Value (EV) 1 115,159 81,150 70,428 75,613 91,718 92,886 93,439 91,683
Change - -29.53% -13.21% 7.36% 21.3% 1.27% 0.6% -1.88%
P/E 17.6x 11.8x -8.66x 17.1x 26.7x 22x 17.6x 16.9x
PBR 6.72x 4.61x 12.4x 17.9x 17.9x 21.4x 14.2x 8.88x
PEG - 19.9x 0x -0x -1.3x 1x 0.7x 4.09x
Capitalization / Revenue 2.9x 2.02x 1.85x 2.97x 3.5x 3.31x 3.17x 3.06x
EV / Revenue 3.26x 2.37x 2.16x 3.2x 3.78x 3.66x 3.53x 3.34x
EV / EBITDA 12.4x 9.07x 8.64x 12.3x 13.1x 12.5x 11.7x 11x
EV / EBIT 15.6x 11.4x 11x 14.9x 16.1x 15.1x 13.9x 12.8x
EV / FCF 19.7x 21.1x 13.9x 119x 65.7x 28.3x 20.7x 20.9x
FCF Yield 5.08% 4.73% 7.19% 0.84% 1.52% 3.53% 4.82% 4.78%
Dividend per Share 2 5.92 5.96 6 3.61 2.92 3.181 3.387 3.637
Rate of return 3.33% 4.97% 5.49% 2.8% 1.82% 1.95% 2.08% 2.23%
EPS 2 10.12 10.18 -12.63 7.55 6 7.386 9.243 9.625
Distribution rate 58.5% 58.5% -47.5% 47.8% 48.7% 43.1% 36.6% 37.8%
Net sales 1 35,355 34,229 32,681 23,630 24,279 25,401 26,488 27,428
EBITDA 1 9,284 8,947 8,147 6,168 7,001 7,404 8,004 8,368
EBIT 1 7,369 7,116 6,388 5,067 5,693 6,147 6,716 7,143
Net income 1 5,921 5,777 -6,995 4,173 3,250 3,987 4,809 5,000
Net Debt 1 12,799 12,046 10,049 5,316 6,669 8,895 9,448 7,693
Reference price 2 177.63 119.92 109.32 129.09 160.10 162.86 162.86 162.86
Nbr of stocks (in thousands) 576,253 576,253 552,317 544,559 531,225 515,722 - -
Announcement Date 1/25/22 1/24/23 1/23/24 1/21/25 1/20/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
20.56x - - -.--% 1,084B
24.14x1.97x12.16x1.16% 151B
22.26x3.69x12.65x1.93% 84.78B
29.54x2.13x15.99x0.79% 83.44B
23.06x4.97x16.95x2.46% 75.18B
19.8x1.58x11.24x1.25% 68.88B
29.66x3.74x17.23x3.08% 64.95B
45.6x2.8x14.42x2.75% 26.16B
Average 26.83x 2.98x 14.38x 1.68% 204.84B
Weighted average by Cap. 22.28x 2.86x 14.05x 0.58%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

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