Fair value (multi-method)
Four independent methods triangulate what MMM is worth. The headline is the Forward-DCF intrinsic value at a normalized growth rate; the margin of safety compares it to the current price.
Estimated fair value (Forward DCF)
$36.73
Method range
$15.01 – $186.25
median $80.43
Valuation methods
Each method’s implied fair value per share and its upside versus the current price. Missing methods (no analyst coverage, negative earnings, etc.) are shown as “—”.
| Method | Fair value | Upside vs price |
|---|---|---|
| Forward DCF | $36.73 | -78.49% |
| Exit multiple | $124.14 | -27.30% |
| Analyst target | $186.25 | +9.07% |
| Graham number | $15.01 | -91.21% |
- Forward DCF$36.73
- Exit multiple$124.14
- Analyst target$186.25
- Graham number$15.01
Stock price
$170.76
FCF / share (TTM)
$1.45
3Y FCF CAGR
-28.7%
Fair value @ hist. growth
$2.95
This analysis is for informational purposes only and is not financial advice. Scenario prices and DCF-style figures depend on your assumptions and data from public filings and estimates. They are not forecasts of future returns.
Implied FCF growth
31.4%
per year over your projection horizon
Margin of safety -5,688.2% vs hist-growth DCF
Historical 3Y CAGR
-28.7%
Your model implies
31.4%
Analyst consensus is EPS-only — no comparable FCF / share estimate to show on this basis.
Model inputs
Move sliders to test how the reverse DCF reacts. Historical-growth markers show where the company has actually grown over the last cycle.
Undiscounted FCF per share over 10 years at -29% annual growth.
Sensitivity — implied growth vs your assumptions
Each cell shows the per-share growth rate the market would need to justify the current price at that combination of discount rate (rows) and terminal growth (columns). Your selected inputs are highlighted.
| Row axis: discount rate. Column axis: terminal growth.Terminal g →↓ Discount | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% |
|---|---|---|---|---|---|
| 7.7% | 27.6% | 26.6% | 25.6% | 24.5% | 23.2% |
| 8.7% | 30.3% | 29.5% | 28.6% | 27.7% | 26.7% |
| 9.7% | 32.9% | 32.2% | 31.4% | 30.6% | 29.7% |
| 10.7% | 35.3% | 34.7% | 34.0% | 33.3% | 32.5% |
| 11.7% | 37.6% | 37.0% | 36.4% | 35.8% | 35.1% |
Historical multiples
Each bar is the trailing five-year range (low left, high right). Filled portion runs from low to today; the dot marks today; the small tick marks the five-year median. Low, median, and high are listed under each bar.
PEG
0.50
Low vs growth
Net debt
$7.7B
Total debt − cash
Beta
1.01
Vs market benchmark
Frequently asked questions
3M (MMM) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation
- Buybacks7.75% TTM
- Dividend Profile1.77% yield
- Dividend Calculator
- Dividend Forecast
- Dividend Capture
- Stock Split History4 splits
How this company returns cash to shareholders — buybacks, dividends, and stock splits.