MMM Relative Valuation
MMM's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, MMM is overvalued; if below, it's undervalued.
Historical Valuation
3M Co (MMM) is now in the Overvalued zone, suggesting that its current forward PE ratio of 18.65 is considered Overvalued compared with the five-year average of 15.19. The fair price of 3M Co (MMM) is between 119.38 to 168.18 according to relative valuation methord. Compared to the current price of 169.27 USD , 3M Co is Overvalued By 0.65%.
Relative Value
Fair Zone
119.38-168.18
Current Price：169.27
0.65%
Overvalued
18.65
PE
1Y
3Y
5Y
Trailing
Forward
12.50
EV/EBITDA
3M Co. (MMM) has a current EV/EBITDA of 12.50. The 5-year average EV/EBITDA is 10.74. The thresholds are as follows: Strongly Undervalued below 7.00, Undervalued between 7.00 and 8.87, Fairly Valued between 12.61 and 8.87, Overvalued between 12.61 and 14.49, and Strongly Overvalued above 14.49. The current Forward EV/EBITDA of 12.50 falls within the Historic Trend Line -Fairly Valued range.
15.29
EV/EBIT
3M Co. (MMM) has a current EV/EBIT of 15.29. The 5-year average EV/EBIT is 13.53. The thresholds are as follows: Strongly Undervalued below 9.02, Undervalued between 9.02 and 11.27, Fairly Valued between 15.79 and 11.27, Overvalued between 15.79 and 18.05, and Strongly Overvalued above 18.05. The current Forward EV/EBIT of 15.29 falls within the Historic Trend Line -Fairly Valued range.
3.22
PS
3M Co. (MMM) has a current PS of 3.22. The 5-year average PS is 2.53. The thresholds are as follows: Strongly Undervalued below 1.40, Undervalued between 1.40 and 1.96, Fairly Valued between 3.09 and 1.96, Overvalued between 3.09 and 3.65, and Strongly Overvalued above 3.65. The current Forward PS of 3.22 falls within the Overvalued range.
17.09
P/OCF
3M Co. (MMM) has a current P/OCF of 17.09. The 5-year average P/OCF is 12.36. The thresholds are as follows: Strongly Undervalued below 6.90, Undervalued between 6.90 and 9.63, Fairly Valued between 15.09 and 9.63, Overvalued between 15.09 and 17.81, and Strongly Overvalued above 17.81. The current Forward P/OCF of 17.09 falls within the Overvalued range.
23.30
P/FCF
3M Co. (MMM) has a current P/FCF of 23.30. The 5-year average P/FCF is 16.85. The thresholds are as follows: Strongly Undervalued below 9.97, Undervalued between 9.97 and 13.41, Fairly Valued between 20.28 and 13.41, Overvalued between 20.28 and 23.72, and Strongly Overvalued above 23.72. The current Forward P/FCF of 23.30 falls within the Overvalued range.
3M Co (MMM) has a current Price-to-Book (P/B) ratio of 17.42. Compared to its 3-year average P/B ratio of 11.67 , the current P/B ratio is approximately 49.29% higher. Relative to its 5-year average P/B ratio of 9.49, the current P/B ratio is about 83.52% higher. 3M Co (MMM) has a Forward Free Cash Flow (FCF) yield of approximately -0.09%. Compared to its 3-year average FCF yield of 5.90%, the current FCF yield is approximately -101.51% lower. Relative to its 5-year average FCF yield of 6.02% , the current FCF yield is about -101.48% lower.
17.42
P/B
Median3y
11.67
Median5y
9.49
-0.09
FCF Yield
Median3y
5.90
Median5y
6.02
Competitors Valuation Multiple
The average P/S ratio for MMM's competitors is , providing a benchmark for relative valuation. 3M Co Corp (MMM) exhibits a P/S ratio of , which is NaN% above the industry average. Given its robust revenue growth of -1.03%, this premium appears unsustainable.
P/S
P/E
EV/EBITDA
EV/EBIT
P/S
Revenue Growth
Market Cap
Performance Decomposition
1Y
3Y
5Y
Market capitalization of MMM increased by 31.77% over the past 1 year. The primary factor behind the change was an increase in Margin Expansion from 11.80 to 18.84.
The secondary factor is the Revenue Growth, contributed -1.03%to the performance.
Overall, the performance of MMM in the past 1 year is driven by Margin Expansion. Which is more sustainable.
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