Packaging ServicesIndustrial AutomationEnvironment, Health and Safety (EH&S)Fast-Moving Consumer GoodsRespiratoryAutomotiveElectronicsEnterprise SoftwareManufacturing
Description
3M Company (3M) operates as a technology company worldwide.
Business Segments
The company operates through three segments: Safety and Industrial, Transportation and Electronics, and Consumer.
Safety and Industrial
This segment’s underlying divisi…
Analysis
Quality compounder
3M Company earns the quality_compounder label: good underlying economics priced fairly, with no obvious bargain or excess. Worth noting: the cash the business generates has lagged behind what the income statement shows.
On valuation, the picture is expensive. The owner-earnings multiple stands at 25.4×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 9% a year, against analyst forecasts of 7%. The price, in other words, assumes less than the experts do.
Growth is moderate; the safety picture is adequate. The company scores 12/20 on our value-creation score: creating some value.
Flags to be aware of: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.
360° rank · history
1007550250
Jan 20231
36
2023202420252026
All-time high
70
Jan 2026
All-time low
1
Jul 2023
Average rank
28
across all years
Detailed & Historical Ranks
Deep dive into 15 detailed ranks and 3 years of history.
Current202520242023
Price/Sales
18
27
45
33
Price/Earnings
37
56
91
62
Price/Book
7
3
16
12
Dividend Yield
89
69
91
100
Value (overall)
26
15
49
87
Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.