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 84,073 - -
Change - -32.49% -12.63% 16.43% 20.99% -1.15% - -
Enterprise Value (EV) 1 115,159 81,150 70,428 75,613 91,718 92,899 93,061 91,482
Change - -29.53% -13.21% 7.36% 21.3% 1.29% 0.17% -1.7%
P/E 17.6x 11.8x -8.66x 17.1x 26.7x 21.8x 17.4x 16.7x
PBR 6.72x 4.61x 12.4x 17.9x 17.9x 21.4x 14.1x 9.79x
PEG - 19.9x 0x -0x -1.3x 0.9x 0.7x 3.8x
Capitalization / Revenue 2.9x 2.02x 1.85x 2.97x 3.5x 3.31x 3.16x 3.05x
EV / Revenue 3.26x 2.37x 2.16x 3.2x 3.78x 3.65x 3.5x 3.32x
EV / EBITDA 12.4x 9.07x 8.64x 12.3x 13.1x 12.5x 11.6x 10.9x
EV / EBIT 15.6x 11.4x 11x 14.9x 16.1x 15.1x 13.8x 12.7x
EV / FCF 19.7x 21.1x 13.9x 119x 65.7x 28.8x 20.7x 22.3x
FCF Yield 5.08% 4.73% 7.19% 0.84% 1.52% 3.47% 4.83% 4.49%
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% 1.91% 2.08% 2.22%
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 2 177.63 119.92 109.32 129.09 160.10 163.02 163.02 163.02
Nbr of stocks (in thousands) 576,253 576,253 552,317 544,559 531,225 515,722 - -
Announcement Date 25/01/22 24/01/23 23/01/24 21/01/25 20/01/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
19.88x - - -.--% 1,072B
25.42x2.05x12.62x1.09% 157B
21.77x3.65x12.55x1.91% 84.07B
29.4x2.15x16.12x0.78% 81.98B
22.77x4.91x16.74x2.5% 74.29B
20.13x1.62x11.46x1.22% 69.04B
31.33x3.89x17.78x2.95% 67.76B
47.59x2.93x15.05x2.62% 26.73B
Average 27.29x 3.03x 14.62x 1.63% 204.08B
Weighted average by Cap. 22.06x 2.90x 14.26x 0.57%

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