Financials 3M Company Sao Paulo

Equities

MMMC34

BRMMMCBDR000

Consumer Goods Conglomerates

Market Closed - Sao Paulo 03:41:28 2024-07-10 pm EDT 5-day change 1st Jan Change
136.6 BRL +0.83% Intraday chart for 3M Company -4.03% +3.14%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 101,450 100,823 102,360 69,104 60,379 56,260 - -
Enterprise Value (EV) 1 119,410 114,984 115,159 81,150 70,428 61,136 59,887 59,826
P/E ratio 22.6 x 18.9 x 17.6 x 11.8 x -8.66 x 16.3 x 13.5 x 12.4 x
Yield 3.26% 3.36% 3.33% 4.97% 5.49% 3.39% 3% 3.28%
Capitalization / Revenue 3.16 x 3.13 x 2.9 x 2.02 x 1.85 x 2.38 x 2.3 x 2.23 x
EV / Revenue 3.72 x 3.57 x 3.26 x 2.37 x 2.16 x 2.59 x 2.45 x 2.38 x
EV / EBITDA 14.2 x 13.1 x 12.4 x 9.07 x 8.64 x 9.35 x 8.6 x 8.24 x
EV / FCF 22.2 x 17.4 x 19.7 x 21.1 x 13.9 x 16.2 x 16.7 x 18.9 x
FCF Yield 4.5% 5.75% 5.08% 4.73% 7.19% 6.18% 5.98% 5.28%
Price to Book 10.1 x 7.81 x 6.72 x 4.61 x 12.4 x 9.54 x 6.87 x 5.33 x
Nbr of stocks (in thousands) 575,051 576,822 576,253 576,253 552,317 553,361 - -
Reference price 2 176.4 174.8 177.6 119.9 109.3 101.7 101.7 101.7
Announcement Date 1/28/20 1/26/21 1/25/22 1/24/23 1/23/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 32,136 32,184 35,355 34,229 32,681 23,600 24,436 25,183
EBITDA 1 8,417 8,755 9,284 8,947 8,147 6,536 6,963 7,259
EBIT 1 6,824 6,844 7,369 7,116 6,388 5,043 5,480 5,762
Operating Margin 21.23% 21.27% 20.84% 20.79% 19.55% 21.37% 22.43% 22.88%
Earnings before Tax (EBT) 1 5,712 6,711 7,204 6,392 -9,688 4,606 5,146 5,665
Net income 1 4,570 5,384 5,921 5,777 -6,995 3,451 4,129 4,512
Net margin 14.22% 16.73% 16.75% 16.88% -21.4% 14.62% 16.9% 17.92%
EPS 2 7.810 9.250 10.12 10.18 -12.63 6.243 7.537 8.229
Free Cash Flow 1 5,371 6,612 5,851 3,842 5,065 3,778 3,583 3,161
FCF margin 16.71% 20.54% 16.55% 11.22% 15.5% 16.01% 14.66% 12.55%
FCF Conversion (EBITDA) 63.81% 75.52% 63.02% 42.94% 62.17% 57.8% 51.46% 43.55%
FCF Conversion (Net income) 117.53% 122.81% 98.82% 66.51% - 109.48% 86.77% 70.07%
Dividend per Share 2 5.760 5.880 5.920 5.960 6.000 3.445 3.051 3.338
Announcement Date 1/28/20 1/26/21 1/25/22 1/24/23 1/23/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 8,612 8,829 8,702 8,619 8,079 8,031 8,325 8,312 8,013 8,003 5,820 6,050 5,863 5,872 5,977
EBITDA 1 2,123 2,100 2,288 2,305 2,004 1,813 1,963 2,325 2,046 2,096 1,487 1,768 1,548 1,679 1,675
EBIT 1 1,616 1,641 1,826 1,855 1,544 1,376 1,545 1,859 1,608 1,690 1,147 1,394 1,251 1,330 1,282
Operating Margin 18.76% 18.59% 20.98% 21.52% 19.11% 17.13% 18.56% 22.37% 20.07% 21.12% 19.71% 23.04% 21.34% 22.64% 21.45%
Earnings before Tax (EBT) 1 1,564 1,603 60 4,132 597 1,189 -9,023 -2,854 1,000 1,237 1,126 1,369 1,148 1,421 1,207
Net income 1 1,339 1,299 78 3,859 541 976 -6,841 -2,075 945 928 901.1 1,072 951.2 1,146 973.3
Net margin 15.55% 14.71% 0.9% 44.77% 6.7% 12.15% -82.17% -24.96% 11.79% 11.6% 15.48% 17.72% 16.23% 19.52% 16.28%
EPS 2 2.310 2.260 0.1400 6.770 0.9800 1.760 -12.35 -3.740 1.700 1.670 1.650 1.982 1.759 2.056 1.745
Dividend per Share 2 1.480 1.490 1.480 1.490 1.490 1.500 1.500 - 1.500 - 0.7000 0.7000 0.7000 0.7945 0.7945
Announcement Date 1/25/22 4/26/22 7/26/22 10/25/22 1/24/23 4/25/23 7/25/23 10/24/23 1/23/24 4/30/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 17,960 14,161 12,799 12,046 10,049 4,876 3,627 3,565
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.134 x 1.617 x 1.379 x 1.346 x 1.233 x 0.746 x 0.5209 x 0.4912 x
Free Cash Flow 1 5,371 6,612 5,851 3,842 5,065 3,778 3,583 3,161
ROE (net income / shareholders' equity) 45.8% 46.7% 42.2% 38.4% 52.2% 93.1% 74.9% 60.6%
ROA (Net income/ Total Assets) 11.3% 11.7% 12.5% 12.4% -14.4% 7.75% 8.8% 9.7%
Assets 1 40,580 46,001 47,208 46,763 48,517 44,512 46,902 46,521
Book Value Per Share 2 17.50 22.40 26.40 26.00 8.790 10.70 14.80 19.10
Cash Flow per Share 2 12.10 13.90 12.70 9.850 12.10 7.780 9.420 10.90
Capex 1 1,699 1,501 1,603 1,749 1,615 1,303 1,338 1,320
Capex / Sales 5.29% 4.66% 4.53% 5.11% 4.94% 5.52% 5.48% 5.24%
Announcement Date 1/28/20 1/26/21 1/25/22 1/24/23 1/23/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
18
Last Close Price
101.7 USD
Average target price
107.8 USD
Spread / Average Target
+5.99%
Consensus