3M Company (MMM)

DCF Valuation · Industrials · Conglomerates

Valuation as at 2026-08-04 · refreshed with the S&P 500 Most Undervalued screen

About 3M Company

3M Company provides diversified technology services in the America, the Asia Pacific, Europe, the Middle East, Africa, and internationally. It operates through three segments: Safety and Industrial, Transportation and Electronics, and Consumer. The Safety and Industrial segment provides industrial abrasives and finishing for metalworking applications; autobody repair solutions; industrial specialty products, such as personal hygiene products, masking, and packaging materials; electrical products and materials for construction and maintenance, power distribution, and electrical original equipment manufacturers; structural adhesives and tapes; respiratory, hearing, eye, and fall protection solutions; and natural and color-coated mineral granules for shingles.

Source: Yahoo Finance company profile · factual description, not KashVector commentary

3M Company MMM

Industrials · Conglomerates

Price
$177.23
Market Cap
$91.40B
Free Cash Flow
$6.35B
Beta
1.08
P/E (TTM)
31.5x
52-Week Range
$139.34–$184.90

MMM's price & financial trends

Quarterly reporting periods — the most granular consistent series Yahoo provides for this market.

Data refreshed 2026-08-04

Share price · last 2 years

$176.28 +31% vs first period
S&P 500 $134.69$129.09$138.91$155.53$160.10$146.52$176.28 2024-082024-122025-042025-082025-122026-042026-07

Earnings per share (diluted)

$1.78 +33% vs first period
$1.34$1.55$1.07$1.23$1.78Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26

Free cash flow

$0.76B +166% vs first period
-$1.16B$1.54B$1.33B$0.35B$0.76BQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26

Dividend per share

$0.77 +6% vs first period
$0.72$0.72$0.72$0.77$0.77Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26

Intrinsic value estimate · 5-year forecast

BEAR
$181.80
vs current $177.23
+2.6% ⚠️ Fairly Valued
BASE
$304.48
vs current $177.23
+71.8% ✅ Undervalued
BULL
$507.82
vs current $177.23
+186.5% ✅ Undervalued

Assumptions used in this valuation

Every input below is either fetched live from Yahoo Finance or a documented default — nothing is hidden.

Risk-free rate
4.75% ● LIVE
Live 10-yr govt bond
Beta
1.08
Direct from Yahoo
Equity risk premium
5.50%
Market-specific seed
Cost of debt
5.00%
Estimated (no debt/interest data)
Tax rate
25.00%
Estimated default
Capital structure
E 87% / D 13%
Market cap vs total debt
Projection horizon
5 years
+ terminal value beyond
BearBaseBull
5-yr FCF growth8.8%17.6%26.5%
Terminal growth2.5%2.5%2.5%
WACC (discount rate)10.81%9.81%8.81%

Cost of Equity = Risk-free rate + Beta × Equity Risk Premium = 4.75% + 1.08 × 5.50% = 10.69% · WACC = weighted by 87%/13% capital structure

These numbers come from running 3M Company's cash flows through the mechanical DCF formula and assumptions above — not from any view on the news, management, or MMM's competitive position. What is DCF?

Want to test your own growth or discount-rate assumptions?Open the full interactive calculator, pre-filled with MMM →

More S&P 500 Most Undervalued stocks

Not financial advice. DCF valuations are highly sensitive to assumptions — small changes in growth rate or discount rate produce large swings in output. This is a mechanical calculation, not a recommendation to buy, hold, or sell.

About this valuation

Refreshed on the same cycle as the S&P 500 Most Undervalued screen. Change any assumption yourself in the full interactive tool.

Frequently asked questions

Is MMM undervalued?

The Base-case DCF estimates intrinsic value at $304.48 vs a current price of $177.23 — a +71.8% margin, so the Base case reads undervalued. This is a mechanical output, not advice.