Company Valuation: 3M Company

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,02,360 69,104 60,379 70,297 85,049 87,028 - -
Change - -32.49% -12.63% 16.43% 20.99% 2.33% - -
Enterprise Value (EV) 1 1,15,159 81,150 70,428 75,613 91,718 95,923 96,476 94,721
Change - -29.53% -13.21% 7.36% 21.3% 4.58% 0.58% -1.82%
P/E 17.6x 11.8x -8.66x 17.1x 26.7x 22.8x 18.3x 17.5x
PBR 6.72x 4.61x 12.4x 17.9x 17.9x 22.2x 14.7x 9.2x
PEG - 19.9x 0x -0x -1.3x 1x 0.7x 4.24x
Capitalization / Revenue 2.9x 2.02x 1.85x 2.97x 3.5x 3.43x 3.29x 3.17x
EV / Revenue 3.26x 2.37x 2.16x 3.2x 3.78x 3.78x 3.64x 3.45x
EV / EBITDA 12.4x 9.07x 8.64x 12.3x 13.1x 13x 12.1x 11.3x
EV / EBIT 15.6x 11.4x 11x 14.9x 16.1x 15.6x 14.4x 13.3x
EV / FCF 19.7x 21.1x 13.9x 119x 65.7x 29.3x 21.4x 21.6x
FCF Yield 5.08% 4.73% 7.19% 0.84% 1.52% 3.42% 4.67% 4.63%
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% 1.88% 2.01% 2.16%
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 2 177.63 119.92 109.32 129.09 160.10 168.75 168.75 168.75
Nbr of stocks (in thousands) 5,76,253 5,76,253 5,52,317 5,44,559 5,31,225 5,15,722 - -
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.($)
20.54x - - -.--% 1,08200Cr
24.92x2.04x12.57x1.12% 15TCr
22.85x3.78x12.96x1.88% 8.7TCr
28.85x2.14x16.07x0.81% 7.89TCr
23.5x5.05x17.25x2.41% 7.66TCr
20.26x1.61x11.51x1.24% 6.81TCr
29.7x3.74x17.27x2.85% 6.53TCr
47.28x2.88x14.88x2.65% 2.71TCr
Average 27.24x 3.04x 14.64x 1.62% 20.45TCr
Weighted average by Cap. 22.40x 2.94x 14.31x 0.56%

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