3M Co.
MMM
Market Cap$58.03B
Close$
Earnings Call Q4 2023
January 23, 2024 - AI Summary
3M delivered a strong fourth quarter with adjusted EPS growth of 11%, operating margin expansion of 180 basis points, and robust cash flow.
The company exceeded its original earnings and cash flow guidance for the full year, with increased margins of 60 basis points and a 30% increase in free cash flow.
3M implemented significant restructuring actions in 2023, generating over $400 million in savings. These efforts included cutting management layers, reducing corporate shared services, and modernizing technology systems.
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$125.16
18.9% upside
Current Fair Value
18.9% upsideUndervalued by 18.9% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $58.03 Billion |
|---|---|
| Enterprise Value | $68.47 Billion |
| Dividend Yield | $5.8694 (5.6%) |
| Earnings per Share | $-10.62 |
| Beta | 0.0 |
| Outstanding Shares | 553,361,257 |
| Avg 30 Day Volume | 5,174,717 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | -8.24 |
|---|---|
| PEG | 167.52 |
| Price to Sales | 1.78 |
| Price to Book Ratio | 13.16 |
| Enterprise Value to Revenue | 2.1 |
| Enterprise Value to EBIT | -7.7 |
| Enterprise Value to Net Income | -10 |
| Total Debt to Enterprise | 0.31 |
| Debt to Equity | 4.4 |
Revenue Sources
No data
ESG Score
No data
About 3M Co.
96,163 employees
CEO: Michael Roman 3M Company is a diversified corporation manufacturing a wide range of products, including abrasives, adhesive tape and related products, and consumer-electronics components. It is headquartered in St. Paul, Minnesota. 3M apply science i...