Definitive Analysis
Loading...
Definitive Analysis

Financials

Fundamentals

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)2,033.272,076.102,119.37
Year 3 PV (M)1,886.821,946.752,007.93
Year 4 PV (M)1,746.161,820.501,897.18
Year 5 PV (M)1,612.031,698.271,788.15
PV of Terminal Value (M)30,975.2932,632.2534,359.38
Equity Value (M)40,438.0642,381.2344,402.27
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 72 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
TCNTricon Residential Inc.1.98%$0.2253.83%
000617.SZCNPC Capital Company Limited1.97%$0.1955.65%
013580.KSKyeryong Construction Industrial Co., Ltd.1.97%$399.956.19%
600033.SSFujian Expressway Development Co.,Ltd1.97%$0.0827.53%
603337.SSJack Technology Co.,Ltd1.97%$0.8544.29%
603338.SSZhejiang Dingli Machinery Co.,Ltd1.97%$1.1232.10%
605090.SSJiangxi Jovo Energy Co., Ltd1.97%$0.8542.14%
DEZ.DEDeutz AG1.97%$0.1799.16%
KEJU.JKPT Mulia Boga Raya Tbk1.97%$13.0042.56%
LOGN.SWLogitech International S.A.1.97%$1.6036.80%
NTSC.BKNutrition SC Public Company Limited1.97%$0.1213.98%
000220.KSYuyu Pharma, Inc.1.96%$89.7431.97%
000862.SZNing Xia Yin Xing Energy Co.,Ltd1.96%$0.1178.53%
001333.SZZhejiang Guanghua Technology Co., Ltd.1.96%$0.4241.57%
002926.SZHUAXI Securities Co., Ltd.1.96%$0.1831.11%
0QMI.LSGS S.A.1.96%$1.6631.21%
0R4W.LMultitude SE1.96%$0.1219.36%
183300.KQKoMiCo Ltd.1.96%$1,854.5632.39%
600031.SSSany Heavy Industry Co., Ltd1.96%$0.4142.56%
600449.SSNingxia Building Materials Group Co.,Ltd1.96%$0.2439.64%
603477.SSLeshan Giantstar Farming&Husbandry Corporation Limited1.96%$0.3445.55%
603650.SSRed Avenue New Materials Group Co., Ltd.1.96%$0.8689.92%
EQB.TOEQB Inc.1.96%$2.0522.50%
EVROF.ATEvrofarma S.A.1.96%$0.0725.28%
HAGA.ICHagar hf1.96%$2.3034.34%
INISS-B.STInission AB (publ)1.96%$0.9855.65%
TWPC.BKThai Wah Public Company Limited1.96%$0.0632.91%
001358.SZShaoxing Xingxin New Materials Co Ltd1.95%$0.5095.37%
003039.SZGuangdong Shunkong Development Co.,Ltd.1.95%$0.3170.47%
267250.KSHD Hyundai Co., Ltd.1.95%$3,599.8749.88%
4553.TTowa Pharmaceutical Co., Ltd.1.95%$71.0416.94%
688236.SSBeijing Chunlizhengda Medical Instruments Co., Ltd.1.95%$0.4566.78%
MIDI.JKPT Midi Utama Indonesia Tbk1.95%$7.3536.66%
002662.SZBeijing WKW Automotive Parts Co.,Ltd.1.94%$0.0849.66%
002697.SZChengdu Hongqi Chain Co.,Ltd.1.94%$0.1230.44%
0345.HKVitasoy International Holdings Limited1.94%$0.1336.86%
079430.KSHyundai Livart Furniture Company Limited1.94%$131.1521.94%
0GEG.LVaisala Oyj1.94%$0.8548.66%
2229.TCalbee, Inc.1.94%$58.0941.83%
3284.THoosiers Holdings Co., Ltd.1.94%$25.5522.98%
4819.TDigital Garage, Inc.1.94%$52.4275.12%
600061.SSSDIC Capital Co.,Ltd1.94%$0.1529.00%
600356.SSMudanjiang Hengfeng Paper Co.,Ltd1.94%$0.1733.08%
600563.SSXiamen Faratronic Co., Ltd.1.94%$2.0439.85%
688468.SSChemclin Diagnostics Co., Ltd.1.94%$0.1499.41%
9610.SRFirst Avenue for Real Estate De1.94%$0.1216.89%
ADMIE.ATAdmie Holding S.A.1.94%$0.0610.56%
MPHASIS.BOMphasis Limited1.94%$54.4258.27%
TREL-B.STTrelleborg AB (publ)1.94%$7.5646.55%
005740.KSCROWNHAITAI Holdings Co.,Ltd.1.93%$130.059.54%