Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

3M Company (MMM)

Company Dividend Discount ModelIndustry: ConglomeratesSector: Industrials

Valuation Snapshot

Stable Growth$36.48 - $50.85$43.66
Multi-Stage$74.19 - $81.46$77.75
Blended Fair Value$60.71
Current Price$155.18
Upside-60.88%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-9.78%-1.11%3.646.076.186.276.226.085.865.144.914.70
YoY Growth---40.14%-1.72%-1.49%0.94%2.17%3.85%13.91%4.67%4.57%15.57%
Dividend Yield--2.48%6.46%7.03%5.04%3.86%5.33%3.31%2.80%3.07%3.37%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)3,401.00
(-) Cash Dividends Paid (M)2,339.00
(=) Cash Retained (M)1,062.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)680.20425.13255.08
Cash Retained (M)1,062.001,062.001,062.00
(-) Cash Required (M)-680.20-425.13-255.08
(=) Excess Retained (M)381.80636.88806.93
(/) Shares Outstanding (M)545.08545.08545.08
(=) Excess Retained per Share0.701.171.48
LTM Dividend per Share4.294.294.29
(+) Excess Retained per Share0.701.171.48
(=) Adjusted Dividend4.995.465.77
WACC / Discount Rate8.51%8.51%8.51%
Growth Rate-4.55%-3.55%-2.55%
Fair Value$36.48$43.66$50.85
Upside / Downside-76.49%-71.86%-67.23%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)3,401.003,280.233,163.763,051.422,943.072,838.562,923.72
Payout Ratio68.77%73.02%77.26%81.51%85.75%90.00%92.50%
Projected Dividends (M)2,339.002,395.202,444.462,487.202,523.822,554.702,704.44

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.51%8.51%8.51%
Growth Rate-4.55%-3.55%-2.55%
Year 1 PV (M)2,184.482,207.372,230.25
Year 2 PV (M)2,033.272,076.102,119.38
Year 3 PV (M)1,886.821,946.752,007.93
Year 4 PV (M)1,746.171,820.501,897.18
Year 5 PV (M)1,612.041,698.271,788.15
PV of Terminal Value (M)30,975.3732,632.3434,359.47
Equity Value (M)40,438.1542,381.3244,402.37
Shares Outstanding (M)545.08545.08545.08
Fair Value$74.19$77.75$81.46
Upside / Downside-52.19%-49.89%-47.51%

High-Yield Dividend Screener

« Prev Page 60 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
002244.SZHangzhou Binjiang Real Estate Group Co.,Ltd2.61%$0.2624.72%
023800.KSINZI Controls Co.,Ltd.2.61%$170.3414.79%
0O2W.LGFT Technologies SE2.61%$0.5037.28%
4332.SRJadwa REIT Al Haramain Fund2.61%$0.1313.56%
603713.SSMilkyway Chemical Supply Chain Service Co., Ltd.2.61%$1.4540.70%
7743.TSEED Co.,Ltd.2.61%$14.9932.99%
GBF.DEBilfinger SE2.61%$2.8757.97%
SMTO3.SASão Martinho S.A.2.61%$0.3925.61%
TURSG.ISTürkiye Sigorta Anonim Sirketi2.61%$0.3017.12%
015230.KSDaechang Forging Co., Ltd.2.60%$159.7812.73%
300761.SZJiangsu Lihua Animal Husbandry Co., Ltd.2.60%$0.5469.75%
3257.TWChampion Microelectronic Corporation2.60%$1.8083.24%
000028.SZChina National Accord Medicines Corporation Ltd.2.59%$0.6366.16%
000423.SZDong-E-E-Jiao Co.,Ltd.2.59%$1.2748.72%
002375.SZZhejiang Yasha Decoration Co.,Ltd2.59%$0.1039.98%
002508.SZHangzhou Robam Appliances Co., Ltd.2.59%$0.5030.91%
035510.KSSHINSEGAE Information & Communication Co., Ltd.2.59%$430.0912.26%
4732.TUSS Co., Ltd.2.59%$44.4652.49%
600623.SSShanghai Huayi Group Corporation Limited2.59%$0.2060.15%
603367.SSCisen Pharmaceutical Co., Ltd.2.59%$0.4541.25%
6794.TFoster Electric Company, Limited2.59%$70.1937.70%
ORNAV.HEOrion Oyj2.59%$1.6373.31%
0027.HKGalaxy Entertainment Group Limited2.58%$1.0024.37%
0MKP.LStrabag SE2.58%$2.0829.10%
1586.HKChina Leon Inspection Holding Limited2.58%$0.0621.58%
3612.TWorld Co., Ltd.2.58%$79.8124.01%
5334.TNiterra Co., Ltd.2.58%$178.0936.87%
601137.SSNingbo Boway Alloy Material Company Limited2.58%$0.5543.16%
688355.SSSuzhou Mingzhi Technology Co., Ltd.2.58%$0.4698.88%
ASAI.LASA International Group PLC2.58%$5.0531.55%
DEK.WADekpol S.A.2.58%$2.3917.66%
PNGO.JKPT PINAGO UTAMA Tbk2.58%$80.2621.28%
600999.SSChina Merchants Securities Co., Ltd.2.57%$0.4330.69%
605338.SSZhongyin Babi Food Co., Ltd.2.57%$0.8067.91%
ARB.AXARB Corporation Limited2.57%$0.8234.10%
ERWPF.BKErawan Hotel Growth Property Fund2.57%$0.2322.08%
HLUN-A.COH. Lundbeck A/S2.57%$0.9524.76%
KVT.WAKrynica Vitamin S.A.2.57%$0.2725.50%
UNIQ.BKUnique Engineering and Construction Public Company Limited2.57%$0.077.66%
004710.KSHansol Technics Co., Ltd.2.56%$150.4826.54%
1714.TWHo Tung Chemical Corp.2.56%$0.2147.53%
300880.SZNingbo Jianan Electronics Co.,Ltd2.56%$0.4598.75%
383220.KSF&F Co., Ltd2.56%$1,700.2719.00%
603227.SSXinjiang Xuefeng Sci-Tech(Group)Co.,Ltd2.56%$0.2149.65%
605507.SSGuobang Pharma Ltd.2.56%$0.6340.20%
9319.TChuo Warehouse Co.,Ltd.2.56%$36.6436.47%
ANA.MCAcciona, S.A.2.56%$4.8831.97%
GGAL.BAGrupo Financiero Galicia S.A.2.56%$213.9137.51%
HOFI.STHoist Finance AB (publ)2.56%$2.9325.50%
P52.SIPan-United Corporation Ltd2.56%$0.0348.81%