Is 3M Company (MMM) overvalued? · P/E 31, rev $6.01B
3M Company (MMM) is a conglomerates company listed on US.
This page asks whether 3M Company (MMM) looks expensive on cached numbers — not a short thesis.
Latest reported MMM revenue for 2024-12-31 was $6.01B. Net income was $4.19B. Revenue was down 4.5% from 2024-09-30 to 2024-12-31. MMM currently screens at market cap $83.05B and trailing P/E 30.7.
MMM currently screens at market cap $83.05B and trailing P/E 30.7. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next MMM 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the MMM stock page for the full model, not this heading.
Not investment advice.