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 86,894 - -
Change - -32.49% -12.63% 16.43% 20.99% 2.17% - -
Enterprise Value (EV) 1 115,159 81,150 70,428 75,613 91,718 95,720 95,882 94,303
Change - -29.53% -13.21% 7.36% 21.3% 4.36% 0.17% -1.65%
P/E 17.6x 11.8x -8.66x 17.1x 26.7x 22.5x 18x 17.3x
PBR 6.72x 4.61x 12.4x 17.9x 17.9x 22.1x 14.6x 10.1x
PEG - 19.9x 0x -0x -1.3x 0.9x 0.7x 3.94x
Capitalization / Revenue 2.9x 2.02x 1.85x 2.97x 3.5x 3.42x 3.27x 3.15x
EV / Revenue 3.26x 2.37x 2.16x 3.2x 3.78x 3.76x 3.61x 3.42x
EV / EBITDA 12.4x 9.07x 8.64x 12.3x 13.1x 12.9x 11.9x 11.2x
EV / EBIT 15.6x 11.4x 11x 14.9x 16.1x 15.6x 14.2x 13.1x
EV / FCF 19.7x 21.1x 13.9x 119x 65.7x 29.2x 21.3x 23x
FCF Yield 5.08% 4.73% 7.19% 0.84% 1.52% 3.43% 4.69% 4.35%
Dividend per Share 2 5.92 5.96 6 3.61 2.92 3.133 3.387 3.616
Rate of return 3.33% 4.97% 5.49% 2.8% 1.82% 1.86% 2.01% 2.15%
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% 41.8% 36.2% 37%
Net sales 1 35,355 34,229 32,681 23,630 24,279 25,434 26,579 27,564
EBITDA 1 9,284 8,947 8,147 6,168 7,001 7,406 8,035 8,400
EBIT 1 7,369 7,116 6,388 5,067 5,693 6,150 6,740 7,179
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 2 177.63 119.92 109.32 129.09 160.10 168.49 168.49 168.49
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.($)
20.4x - - -.--% 1,075B
25.22x2.03x12.51x1.09% 155B
22.5x3.76x12.92x1.86% 86.89B
29.03x2.12x15.89x0.79% 80.84B
23.31x5.01x17.1x2.44% 76.06B
19.44x1.56x11.05x1.26% 66.61B
30.79x3.84x17.47x3% 66.6B
48.54x2.98x15.31x2.57% 27.44B
Average 27.40x 3.04x 14.61x 1.63% 204.4B
Weighted average by Cap. 22.39x 2.92x 14.24x 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