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 84,656 - -
Change - -32.49% -12.63% 16.43% 20.99% -0.46% - -
Enterprise Value (EV) 1 115,159 81,150 70,428 75,613 91,718 93,482 93,644 92,064
Change - -29.53% -13.21% 7.36% 21.3% 1.92% 0.17% -1.69%
P/E 17.6x 11.8x -8.66x 17.1x 26.7x 21.9x 17.5x 16.8x
PBR 6.72x 4.61x 12.4x 17.9x 17.9x 21.6x 14.2x 9.86x
PEG - 19.9x 0x -0x -1.3x 0.9x 0.7x 3.82x
Capitalization / Revenue 2.9x 2.02x 1.85x 2.97x 3.5x 3.33x 3.19x 3.07x
EV / Revenue 3.26x 2.37x 2.16x 3.2x 3.78x 3.68x 3.52x 3.34x
EV / EBITDA 12.4x 9.07x 8.64x 12.3x 13.1x 12.6x 11.7x 11x
EV / EBIT 15.6x 11.4x 11x 14.9x 16.1x 15.2x 13.9x 12.8x
EV / FCF 19.7x 21.1x 13.9x 119x 65.7x 29x 20.8x 22.4x
FCF Yield 5.08% 4.73% 7.19% 0.84% 1.52% 3.45% 4.8% 4.46%
Dividend per Share 2 5.92 5.96 6 3.61 2.92 3.12 3.387 3.616
Rate of return 3.33% 4.97% 5.49% 2.8% 1.82% 1.9% 2.06% 2.2%
EPS 2 10.12 10.18 -12.63 7.55 6 7.489 9.354 9.765
Distribution rate 58.5% 58.5% -47.5% 47.8% 48.7% 41.7% 36.2% 37%
Net sales 1 35,355 34,229 32,681 23,630 24,279 25,434 26,577 27,554
EBITDA 1 9,284 8,947 8,147 6,168 7,001 7,405 8,036 8,400
EBIT 1 7,369 7,116 6,388 5,067 5,693 6,152 6,746 7,178
Net income 1 5,921 5,777 -6,995 4,173 3,250 4,064 4,915 5,161
Net Debt 1 12,799 12,046 10,049 5,316 6,669 8,826 8,988 7,409
Reference price 2 177.63 119.92 109.32 129.09 160.10 164.15 164.15 164.15
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.($)
20.25x - - -.--% 1,066B
25.33x2.04x12.57x1.09% 157B
21.92x3.68x12.62x1.9% 84.66B
29.38x2.14x16.1x0.78% 82.1B
22.46x4.85x16.53x2.54% 73.27B
19.72x1.59x11.22x1.25% 67.79B
30.91x3.85x17.57x2.99% 66.86B
48.32x2.97x15.25x2.58% 27.37B
Average 27.29x 3.02x 14.55x 1.64% 203.09B
Weighted average by Cap. 22.28x 2.88x 14.18x 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