Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
3M CoXSWX:MMM 51 Net Cash per Share is CHF-44.39 as of Jun. 2026. GuruFocus rates XSWX:MMM with a GF Score™ of 51/100 and a GF Value™ of CHF109.99 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 64 Conglomerates companies, 3M Co ranks worse than 1562498.44% on this metric.
The historical rank and industry rank for 3M Co's Net Cash per Share or its related term are showing as below:
XSWX:MMM's Price-to-Net-Cash is not ranked *
in the Conglomerates industry.
Industry Median: 8.44 * Ranked among companies with meaningful Price-to-Net-Cash only.
Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.
You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.
3M Co Net Cash per Share Related Terms
3M Co Net Cash per Share Historical Data
* Premium members only.
The historical data trend for 3M Co's Net Cash per Share can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
XSWX:MMM vs HON, VMI, GHC: Net Cash per Share Comparison
For the Conglomerates subindustry, 3M Co's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
3M Co Price-to-Net-Cash vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, 3M Co's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where 3M Co's Price-to-Net-Cash falls into.
In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.
3M Co's Net Cash per Share for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
3M Co (XSWX:MMM) has a Net Cash per Share of CHF-44.39 as of Jun. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on 3M Co and its competitors. According to the industry distribution chart, 3M Co ranks #999999 out of 64 companies in the Conglomerates industry.
Is 3M Co's Net Cash per Share too high?
3M Co's current Net Cash per Share is CHF-44.39. Based on the distribution chart, 3M Co ranks #999999 out of 64 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, 3M Co has a GF Score™ of 51/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does 3M Co's Net Cash per Share compare to HON and VMI?
According to the Conglomerates industry distribution chart, 3M Co ranks #999999 out of 64 companies for Net Cash per Share. This places 3M Co in the lower half of its industry. The industry median Net Cash per Share is 8.44. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for a Conglomerates company?
The median Net Cash per Share among Conglomerates companies is 8.44, based on 64 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on 3M Co and its competitors. For the Conglomerates industry, the median Net Cash per Share is 8.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 3M Co's current Net Cash per Share is CHF-44.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 3M Co stock overvalued right now?
Based on GuruFocus' analysis, 3M Co (XSWX:MMM) is currently considered Modestly Overvalued. The stock's GF Value™ is CHF109.99, compared to a current price of CHF142.00 — trading 29.1% above its estimated fair value. The current Net Cash per Share is CHF-44.39. 3M Co's overall GF Score™ is 51/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For 3M Co (XSWX:MMM), the current Net Cash per Share is CHF-44.39 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is 3M Co (XSWX:MMM) Overvalued in 2026?
Based on GuruFocus' analysis, 3M Co stock appears to be overvalued.
The current stock price of CHF142.00 is trading 29.1% above its estimated GF Value™ of CHF109.99.
GuruFocus considers 3M Co to be Modestly Overvalued.
Key valuation signals for XSWX:MMM:
Net Cash per Share: CHF-44.39
GF Value™: CHF109.99 vs. price of CHF142.00 (29.1% above fair value)
No single metric tells the full story. See the XSWX:MMM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
3M, a multinational conglomerate founded in 1902, sells tens of thousands of products ranging from sponges to respirators. The firm is well known for its extensive research and development capabilities, and it is a pioneer in inventing new use cases for its proprietary technologies. 3M is organized across three business segments: safety and industrial (representing around 44% of revenue), transportation and electronics (36%), and consumer (20%). The firm recently spun off its healthcare business, now known as Solventum. Nearly half of 3M's revenue comes from outside the Americas.
51GF Score
Get the complete analysis for XSWX:MMM
Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XSWX:MMM has been successfully added to your 
