Skip to main content
Home Report Heatmap Pricing Get Started
MMM

3M Company — Beer Score

MMM · US Equity · Industrials — Diversified
$135.00
Market Price (indicative) · Feb 7, 2026
+$0.90 (+0.67%) today
Reference price only. Not an official exchange feed.
82
/ 100
Solid Value — Est. 82% Fundamental Value
Updated: Feb 7, 2026 16:30 UTC·Filing: 10-K (Jan 29, 2026)·Model: DCF v1.0
Not investment advice · Model-based estimate
Estimated Value (Beer)
$110.70
82%
Est. Speculation Premium (Foam)
$24.30
18%
🍺 82% Est. Fundamental Value🫧 18% Est. Speculation
Track Score Alerts (Pro) See Model Assumptions ↓

Key Financials

TTM
Revenue$32.7B
Net Income$1.8B
Free Cash Flow$4.7B
P/E Ratio40.5x
EPS (TTM)$3.33
Market Cap$74B
Total Debt$12.6B
Cash & Equiv.$3.6B

DCF Valuation

Model Estimate
$110
Est. intrinsic value (DCF model)
vs $135.00 market price
Our model suggests the current price is ~22% above the estimated intrinsic value. The market may be pricing in growth beyond current fundamentals.
WACC8.5%
Growth Rate (5yr)3%
Terminal Growth2%
Margin of Safety~−22%

Model output varies with assumptions (WACC, growth, margins). This is not a price target or investment recommendation.

Score History — 90 Days

Pro
90d Low
78
90d High
84
Zone Changes
2

3M Stock Valuation — Beer Score Breakdown

3M's Beer Score of 82 means that, according to our DCF model, the stock is well-supported by fundamentals. An estimated 82% of the stock price is backed by earnings, cash flow, and assets.

How Beer Score Is Calculated for MMM

We pull 3M's latest SEC filings from EDGAR, run a DCF analysis using a 8.5% WACC and 3% revenue growth rate over 5 years with 2% terminal growth, then compare the resulting model estimate ($110) against the current market price ($135.00). The Beer Score of 82 represents the ratio. Model output varies with assumptions. Learn more about our methodology →

Important Information

Beer Score is an educational indicator, not investment advice. It measures the model-estimated gap between a stock's current market price and an estimated intrinsic value derived from public financial data. A low Beer Score does not mean "sell" and a high score does not mean "buy." Model output varies with assumptions (WACC, growth rate, terminal growth, margins).

Prices shown are indicative reference prices for educational purposes only and are not sourced from an official exchange feed. Data sources include SEC EDGAR filings, indicative market price data, and proprietary DCF models. Scores update daily after market close. For the full ranking of all 45 stocks, visit the Beer Score Heatmap or read Today's Foam Report.

Track 3M's Beer Score Over Time

Get daily score changes, alerts when foam levels shift, and full history charts with Pro.

See Pro Plans → View All 45 Stocks

About This Valuation

Why does 3M have a Beer Score of 64?
3M (MMM) scores 64 because the stock is currently trading roughly 56% above its estimated intrinsic value of $110. With $4.7B in annual free cash flow and $32.7B in revenue, the company's fundamentals partially justify the current market price of $171.82 per share. The Beer Score reflects that 64% of the price is backed by estimated fundamental value.
Is MMM overvalued or undervalued?
Based on our DCF model, 3M appears moderately overvalued. The estimated intrinsic value of $110 compared to the current price of $171.82 carries a 36% speculation premium. This is a model-based estimate using 8.5% WACC and 3% projected growth — not a buy or sell recommendation. The actual fair value depends on assumptions that may change with new earnings data or market conditions.
What assumptions drive the $110 intrinsic value?
The DCF model uses a 8.5% weighted average cost of capital and projects 3% annual revenue growth over five years. Terminal growth is set at 2%. Starting from $4.7B in current free cash flow, these assumptions produce an estimated intrinsic value of $110 per share. The model is most sensitive to the growth rate and WACC inputs — small changes in either significantly alter the output.
What could change 3M's Beer Score?
3M's score reflects the post-restructuring recovery. PFAS litigation settlement costs are largely reserved but could exceed estimates. The Healthcare spinoff (Solventum) simplified the portfolio but removed a growth driver. Industrial demand recovery in 2026 and margin improvement from operational restructuring could push the score toward 70-75.

Compare Similar Stocks

CAT43 IBM66
View all stock valuations →