Projected Income Statement: 3M Company

Forecast Balance Sheet: 3M Company

Forecast Balance Sheet - 3M Company
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 12,799 12,046 10,049 5,316 6,669 8,670 8,572 6,893
Change - -5.88% -16.58% -47.1% 25.45% 30% -1.13% -19.59%
Announcement Date 25/01/22 24/01/23 23/01/24 21/01/25 20/01/26 - - -
1USD in Million
Estimates

Cash Flow Forecast: 3M Company

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 1,603 1,749 1,615 1,181 910 1,092 1,115 1,159
Change - 9.11% -7.66% -26.87% -22.95% 19.98% 2.16% 3.91%
Free Cash Flow (FCF) 1 5,851 3,842 5,065 638 1,396 3,233 4,042 4,089
Change - -34.34% 31.83% -87.4% 118.81% 131.59% 25.02% 1.16%
Announcement Date 25/01/22 24/01/23 23/01/24 21/01/25 20/01/26 - - -
1USD in Million
Estimates

Forecast Financial Ratios: 3M Company

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) 26.26% 26.14% 24.93% 26.1% 28.84% 29.08% 30.17% 30.36%
EBIT Margin (%) 20.84% 20.79% 19.55% 21.44% 23.45% 24.19% 25.36% 26.12%
EBT Margin (%) 20.38% 18.67% -29.64% 20.39% 17.35% 20.68% 22.71% 23.1%
Net margin (%) 16.75% 16.88% -21.4% 17.66% 13.39% 16.07% 18.36% 18.63%
FCF margin (%) 16.55% 11.22% 15.5% 2.7% 5.75% 12.71% 15.22% 14.86%
FCF / Net Income (%) 98.82% 66.51% -72.41% 15.29% 42.95% 79.11% 82.87% 79.76%

Profitability

        
ROA 12.54% 12.35% -14.42% 9.23% 8.38% 11.22% 13.13% 14.03%
ROE 42.22% 38.38% 52.16% 100.64% 75.22% 98.43% 86.6% 62.83%

Financial Health

        
Leverage (Debt/EBITDA) 1.38x 1.35x 1.23x 0.86x 0.95x 1.17x 1.07x 0.83x
Debt / Free cash flow 2.19x 3.14x 1.98x 8.33x 4.78x 2.68x 2.12x 1.69x

Capital Intensity

        
CAPEX / Current Assets (%) 4.53% 5.11% 4.94% 5% 3.75% 4.29% 4.2% 4.21%
CAPEX / EBITDA (%) 17.27% 19.55% 19.82% 19.15% 13% 14.76% 13.92% 13.87%
CAPEX / FCF (%) 27.4% 45.52% 31.89% 185.11% 65.19% 33.77% 27.6% 28.35%

Items per share

        
Cash flow per share 1 12.74 9.85 12.06 3.293 4.26 9.475 9.196 11.31
Change - -22.65% 22.43% -72.7% 29.37% 122.42% -2.95% 22.95%
Dividend per Share 1 5.92 5.96 6 3.61 2.92 3.135 3.387 3.581
Change - 0.68% 0.67% -39.83% -19.11% 7.38% 8.02% 5.74%
Book Value Per Share 1 26.44 26.02 8.789 7.218 8.952 7.617 11.51 16.83
Change - -1.56% -66.23% -17.87% 24.02% -14.92% 51.1% 46.27%
EPS 1 10.12 10.18 -12.63 7.55 6 7.496 9.202 9.679
Change - 0.59% -224.07% 159.78% -20.53% 24.94% 22.75% 5.19%
Nbr of stocks (in thousands) 576,253 576,253 552,317 544,559 531,225 515,722 515,722 515,722
Announcement Date 25/01/22 24/01/23 23/01/24 21/01/25 20/01/26 - - -
1USD
Estimates
2026 *2027 *
P/E 21.8x 17.8x
PBR 21.5x 14.2x
EV / Sales 3.66x 3.5x
Yield 1.92% 2.07%

EPS & Dividend

EPS & Dividend - 3M Company


Y-o-Y evolution of P/E

Valuation ratios - P/E - 3M Company
 

Year-on-year evolution of the Yield

Valuation ratios - Yield - 3M Company
Trader
Investor
Global
Quality
ESG MSCI
AAA
Ratings Surperformance© - 3M Company
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
19
Last Close Price
163.58USD
Average target price
186.15USD
Spread / Average Target
+13.80%

Quarterly revenue - Rate of surprise

Rate of surprise - Net sales - Quarterly - 3M Company