MMM

3M Company

Industrials · $87.0B market cap

Verdict

Share price

$161.89

close of Oct 3, 2026

Fair value

$146.93

Sticker Price

Payback Price

$58.77

buy price

Overpriced

MMM is Overpriced: at $161.89 it trades 10% above its fair value of $146.93. Its buy price (Payback Price) is $58.77, 64% below today's price. Business quality is limited: only 1 of 5 key numbers clears the 10% bar.

How we valued it

Buffett Normalized. A profitable, growing business, so we project its earnings 10 years ahead and work out what that is worth today.

Business quality

1 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth2.5% a year✗
Equity per share growth0.1% a year✗
Sales growth1.5% a year✗
Free cash flow growth3.1% a year✗
Return on invested capital10.9%✓

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Superinvestors

4 of the investors we track hold MMM. Who we track

Insider activity

Since Jul 1, 2026: no open-market purchases, 5 sales worth $4.3M and 8 other filings (stock awards, tax withholding and similar). Why purchases matter

Sales

Other filings

About 3M Company

3M Company operates as a global technology conglomerate with diverse interests. Its extensive operations are strategically divided into four primary business segments: Safety and Industrial, Transportation and Electronics, Health Care, and Consumer. The Safety and Industrial division supplies a broad array of products, including specialized abrasives and finishing tools for metalworking, automotive body repair kits…

Conglomerates

Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works