3m Company Stock Fundamentals
MMM Stock | USD 104.59 1.96 1.91% |
3M Company fundamentals help investors to digest information that contributes to 3M's financial success or failures. It also enables traders to predict the movement of 3M Stock. The fundamental analysis module provides a way to measure 3M's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to 3M stock.
At this time, 3M's Interest Expense is very stable compared to the past year. As of the 28th of March 2024, Other Operating Expenses is likely to grow to about 43.9 B, while Total Revenue is likely to drop about 23.6 B. 3M | Select Account or Indicator |
3M Short Ratio Analysis
3M's Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
More About Short Ratio | All Equity Analysis
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 16.6B | 15.0B | 14.2B | 11.0B | Total Revenue | 35.4B | 34.2B | 32.7B | 23.6B |
Short Ratio | = | Short InterestAverage Trading Volume |
Current 3M Short Ratio | 1.85 X |
Most of 3M's fundamental indicators, such as Short Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, 3M Company is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
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3M Short Term Coverage Ratios
Short Term Coverage Ratios |
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Based on the latest financial disclosure, 3M Company has a Short Ratio of 1.85 times. This is 64.69% lower than that of the Industrial Conglomerates sector and 35.31% lower than that of the Industrials industry. The short ratio for all United States stocks is 53.75% higher than that of the company.
3M Company Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining 3M's current stock value. Our valuation model uses many indicators to compare 3M value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across 3M competition to find correlations between indicators driving 3M's intrinsic value. More Info.3M Company is rated below average in current ratio category among related companies. It is regarded third in z score category among related companies totaling about 2.01 of Z Score per Current Ratio. At this time, 3M's Current Ratio is very stable compared to the past year.. Comparative valuation analysis is a catch-all model that can be used if you cannot value 3M by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for 3M's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the 3M's earnings, one of the primary drivers of an investment's value.3M Total Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses 3M's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of 3M could also be used in its relative valuation, which is a method of valuing 3M by comparing valuation metrics of similar companies.3M is currently under evaluation in total asset category among related companies.
3M ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, 3M's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to 3M's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
3M Institutional Holders
Institutional Holdings refers to the ownership stake in 3M that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of 3M's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing 3M's value.Shares | Goldman Sachs Group Inc | 2023-12-31 | 5.2 M | Norges Bank | 2023-12-31 | 4.6 M | Bank Of New York Mellon Corp | 2023-12-31 | 4.1 M | Mariner Value Strategies, Llc | 2023-12-31 | 3.9 M | Pacer Advisors, Inc. | 2023-12-31 | 3.8 M | Amvescap Plc. | 2023-12-31 | 3.6 M | Nuveen Asset Management, Llc | 2023-12-31 | 3.2 M | Ubs Asset Mgmt Americas Inc | 2023-12-31 | 3.1 M | Dimensional Fund Advisors, Inc. | 2023-12-31 | 2.9 M | Vanguard Group Inc | 2023-12-31 | 49.1 M | Blackrock Inc | 2023-12-31 | 41.9 M |
3M Fundamentals
Return On Equity | -0.71 | ||||
Return On Asset | 0.0758 | ||||
Profit Margin | (0.21) % | ||||
Operating Margin | 0.13 % | ||||
Current Valuation | 67.59 B | ||||
Shares Outstanding | 552.7 M | ||||
Shares Owned By Insiders | 0.11 % | ||||
Shares Owned By Institutions | 66.86 % | ||||
Number Of Shares Shorted | 7.35 M | ||||
Price To Earning | 11.26 X | ||||
Price To Book | 11.80 X | ||||
Price To Sales | 1.74 X | ||||
Revenue | 32.68 B | ||||
Gross Profit | 15 B | ||||
EBITDA | (9.13 B) | ||||
Net Income | (6.98 B) | ||||
Cash And Equivalents | 3.65 B | ||||
Cash Per Share | 6.49 X | ||||
Total Debt | 16.85 B | ||||
Debt To Equity | 1.17 % | ||||
Current Ratio | 1.56 X | ||||
Book Value Per Share | 8.70 X | ||||
Cash Flow From Operations | 6.68 B | ||||
Short Ratio | 1.85 X | ||||
Earnings Per Share | (12.63) X | ||||
Price To Earnings To Growth | 2.35 X | ||||
Target Price | 97.87 | ||||
Number Of Employees | 85 K | ||||
Beta | 1.0 | ||||
Market Capitalization | 56.72 B | ||||
Total Asset | 50.58 B | ||||
Retained Earnings | 37.48 B | ||||
Working Capital | 1.08 B | ||||
Current Asset | 10.99 B | ||||
Current Liabilities | 7.12 B | ||||
Z Score | 3.13 | ||||
Annual Yield | 0.06 % | ||||
Five Year Return | 3.29 % | ||||
Net Asset | 50.58 B | ||||
Last Dividend Paid | 6.0 |
About 3M Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze 3M Company's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of 3M using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of 3M Company based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Last Reported | Projected for 2024 | ||
Current Deferred Revenue | 572 M | 367.8 M | |
Total Revenue | 32.7 B | 23.6 B | |
Cost Of Revenue | 18.5 B | 12.5 B | |
Ebit Per Revenue | (0.28) | (0.27) |
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When running 3M's price analysis, check to measure 3M's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy 3M is operating at the current time. Most of 3M's value examination focuses on studying past and present price action to predict the probability of 3M's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 3M's price. Additionally, you may evaluate how the addition of 3M to your portfolios can decrease your overall portfolio volatility.
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Is 3M's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of 3M. If investors know 3M will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about 3M listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.744 | Dividend Share 6 | Earnings Share (12.63) | Revenue Per Share 59.002 | Quarterly Revenue Growth (0.01) |
The market value of 3M Company is measured differently than its book value, which is the value of 3M that is recorded on the company's balance sheet. Investors also form their own opinion of 3M's value that differs from its market value or its book value, called intrinsic value, which is 3M's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because 3M's market value can be influenced by many factors that don't directly affect 3M's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between 3M's value and its price as these two are different measures arrived at by different means. Investors typically determine if 3M is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 3M's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.