3m Company Stock Beta

MMM Stock

USD 91.30 0.01 0.01%

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.

Short Long Term Debt Total Total Assets

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

3M Company Company Beta Analysis

3M's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Beta

Covariance

Variance

More About Beta | All Equity Analysis

Current 3M Beta

1.03

Most of 3M's fundamental indicators, such as Beta, 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.

3M Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for 3M is extremely important. It helps to project a fair market value of 3M Stock properly, considering its historical fundamentals such as Beta. Since 3M's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of 3M's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of 3M's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Current Deferred Revenue	Short Term Investments	Common Stock	Intangible Assets	Long Term Debt	Treasury Stock	Property Plant Equipment	Good Will	Net Tangible Assets	Capital Surpluse	Long Term Investments	Accumulated Depreciation	Long Term Debt Total	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.31	0.71	0.92	0.89	0.64	0.95	0.42	0.92	0.77	-0.11	-0.74	0.82	0.83	-0.78	0.93	0.95	-0.59	0.84	-0.36	-0.77	0.74	0.6	0.58	-0.12	-0.2	0.07
Total Stockholder Equity	0.31		-0.19	0.43	0.36	-0.34	0.44	-0.36	0.15	0.41	0.64	-0.46	0.04	-0.03	0.08	0.1	0.15	0.35	-0.19	0.49	-0.07	-0.27	-0.44	-0.15	0.08	0.61	0.59
Net Debt	0.71	-0.19		0.71	0.65	0.79	0.54	0.61	0.66	0.44	-0.54	-0.46	0.88	0.95	-0.93	0.66	0.88	-0.97	0.81	-0.74	-0.93	0.95	0.81	0.55	-0.05	-0.37	-0.17
Retained Earnings	0.92	0.43	0.71		0.92	0.49	0.88	0.25	0.82	0.86	-0.11	-0.78	0.72	0.82	-0.83	0.8	0.9	-0.58	0.71	-0.4	-0.8	0.67	0.48	0.41	-0.1	0.05	0.26
Net Receivables	0.89	0.36	0.65	0.92		0.56	0.92	0.33	0.73	0.93	0.03	-0.89	0.59	0.73	-0.78	0.8	0.84	-0.5	0.68	-0.4	-0.72	0.6	0.5	0.33	-0.01	-0.08	0.09
Total Liab	0.64	-0.34	0.79	0.49	0.56		0.56	0.79	0.68	0.43	-0.48	-0.54	0.67	0.69	-0.8	0.75	0.75	-0.73	0.86	-0.54	-0.74	0.81	0.8	0.7	-0.34	-0.77	-0.67
Total Current Assets	0.95	0.44	0.54	0.88	0.92	0.56		0.31	0.85	0.85	0.13	-0.82	0.63	0.68	-0.68	0.88	0.85	-0.39	0.73	-0.23	-0.67	0.57	0.45	0.51	-0.15	-0.12	0.06
Short Term Debt	0.42	-0.36	0.61	0.25	0.33	0.79	0.31		0.43	0.19	-0.46	-0.33	0.5	0.42	-0.54	0.56	0.52	-0.55	0.64	-0.35	-0.49	0.55	0.84	0.35	-0.33	-0.83	-0.64
Accounts Payable	0.92	0.15	0.66	0.82	0.73	0.68	0.85	0.43		0.66	-0.28	-0.56	0.77	0.78	-0.77	0.95	0.89	-0.57	0.92	-0.31	-0.73	0.75	0.63	0.72	-0.41	-0.31	-0.05
Current Deferred Revenue	0.77	0.41	0.44	0.86	0.93	0.43	0.85	0.19	0.66		0.03	-0.89	0.35	0.54	-0.68	0.74	0.69	-0.29	0.57	-0.27	-0.55	0.4	0.3	0.24	-0.13	0.01	0.09
Short Term Investments	-0.11	0.64	-0.54	-0.11	0.03	-0.48	0.13	-0.46	-0.28	0.03		-0.17	-0.39	-0.43	0.51	-0.28	-0.3	0.63	-0.52	0.55	0.37	-0.57	-0.55	-0.37	0.25	0.46	0.34
Common Stock	-0.74	-0.46	-0.46	-0.78	-0.89	-0.54	-0.82	-0.33	-0.56	-0.89	-0.17		-0.4	-0.49	0.63	-0.66	-0.68	0.28	-0.48	0.19	0.56	-0.36	-0.3	-0.21	0.08	0.15	0.1
Intangible Assets	0.82	0.04	0.88	0.72	0.59	0.67	0.63	0.5	0.77	0.35	-0.39	-0.4		0.92	-0.77	0.72	0.91	-0.85	0.79	-0.51	-0.85	0.9	0.69	0.64	0.0	-0.27	0.02
Long Term Debt	0.83	-0.03	0.95	0.82	0.73	0.69	0.68	0.42	0.78	0.54	-0.43	-0.49	0.92		-0.92	0.74	0.94	-0.92	0.84	-0.7	-0.93	0.96	0.71	0.62	-0.01	-0.19	0.04
Treasury Stock	-0.78	0.08	-0.93	-0.83	-0.78	-0.8	-0.68	-0.54	-0.77	-0.68	0.51	0.63	-0.77	-0.92		-0.77	-0.9	0.87	-0.87	0.7	0.93	-0.9	-0.75	-0.59	0.23	0.33	0.18
Property Plant Equipment	0.93	0.1	0.66	0.8	0.8	0.75	0.88	0.56	0.95	0.74	-0.28	-0.66	0.72	0.74	-0.77		0.89	-0.55	0.92	-0.37	-0.69	0.73	0.69	0.66	-0.34	-0.43	-0.17
Good Will	0.95	0.15	0.88	0.9	0.84	0.75	0.85	0.52	0.89	0.69	-0.3	-0.68	0.91	0.94	-0.9	0.89		-0.79	0.89	-0.55	-0.9	0.88	0.71	0.64	-0.12	-0.27	-0.03
Net Tangible Assets	-0.59	0.35	-0.97	-0.58	-0.5	-0.73	-0.39	-0.55	-0.57	-0.29	0.63	0.28	-0.85	-0.92	0.87	-0.55	-0.79		-0.76	0.82	0.85	-0.95	-0.8	-0.54	-0.01	0.37	0.17
Capital Surpluse	0.84	-0.19	0.81	0.71	0.68	0.86	0.73	0.64	0.92	0.57	-0.52	-0.48	0.79	0.84	-0.87	0.92	0.89	-0.76		-0.55	-0.79	0.89	0.83	0.76	-0.37	-0.53	-0.29
Long Term Investments	-0.36	0.49	-0.74	-0.4	-0.4	-0.54	-0.23	-0.35	-0.31	-0.27	0.55	0.19	-0.51	-0.7	0.7	-0.37	-0.55	0.82	-0.55		0.55	-0.74	-0.64	-0.38	-0.08	0.22	0.14
Accumulated Depreciation	-0.77	-0.07	-0.93	-0.8	-0.72	-0.74	-0.67	-0.49	-0.73	-0.55	0.37	0.56	-0.85	-0.93	0.93	-0.69	-0.9	0.85	-0.79	0.55		-0.89	-0.64	-0.65	0.14	0.22	0.1
Long Term Debt Total	0.74	-0.27	0.95	0.67	0.6	0.81	0.57	0.55	0.75	0.4	-0.57	-0.36	0.9	0.96	-0.9	0.73	0.88	-0.95	0.89	-0.74	-0.89		0.8	0.72	-0.1	-0.4	-0.19
Short Long Term Debt	0.6	-0.44	0.81	0.48	0.5	0.8	0.45	0.84	0.63	0.3	-0.55	-0.3	0.69	0.71	-0.75	0.69	0.71	-0.8	0.83	-0.64	-0.64	0.8		0.43	-0.26	-0.69	-0.37
Cash And Equivalents	0.58	-0.15	0.55	0.41	0.33	0.7	0.51	0.35	0.72	0.24	-0.37	-0.21	0.64	0.62	-0.59	0.66	0.64	-0.54	0.76	-0.38	-0.65	0.72	0.43		-0.4	-0.35	-0.36
Net Invested Capital	-0.12	0.08	-0.05	-0.1	-0.01	-0.34	-0.15	-0.33	-0.41	-0.13	0.25	0.08	0.0	-0.01	0.23	-0.34	-0.12	-0.01	-0.37	-0.08	0.14	-0.1	-0.26	-0.4		0.39	0.41
Net Working Capital	-0.2	0.61	-0.37	0.05	-0.08	-0.77	-0.12	-0.83	-0.31	0.01	0.46	0.15	-0.27	-0.19	0.33	-0.43	-0.27	0.37	-0.53	0.22	0.22	-0.4	-0.69	-0.35	0.39		0.86
Capital Stock	0.07	0.59	-0.17	0.26	0.09	-0.67	0.06	-0.64	-0.05	0.09	0.34	0.1	0.02	0.04	0.18	-0.17	-0.03	0.17	-0.29	0.14	0.1	-0.19	-0.37	-0.36	0.41	0.86

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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.

Competition

Predict 3M

In accordance with the recently published financial statements, 3M Company has a Beta of 1.035. This is 24.45% lower than that of the Industrial Conglomerates sector and 8.95% higher than that of the Industrials industry. The beta for all United States stocks is notably lower than that of the firm.

3M Beta 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 Beta 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 beta 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 returns are very sensitive to returns on the market. As the market goes up or down, 3M is expected to follow.

3M Fundamentals

	Return On Equity	-0.71
	Return On Asset	0.0758
	Profit Margin	(0.21) %
	Operating Margin	0.13 %
	Current Valuation	61.48 B
	Shares Outstanding	553.36 M
	Shares Owned By Insiders	0.10 %
	Shares Owned By Institutions	66.64 %
	Number Of Shares Shorted	7.12 M
	Price To Earning	11.26 X
	Price To Book	10.51 X
	Price To Sales	1.55 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	1.09 X
	Earnings Per Share	(12.63) X
	Price To Earnings To Growth	1.90 X
	Target Price	92.77
	Number Of Employees	85 K
	Beta	1.03
	Market Capitalization	50.53 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
	Annual Yield	0.07 %
	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.

3M Investors Sentiment

The influence of 3M's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in 3M. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to 3M's public news can be used to forecast risks associated with an investment in 3M. The trend in average sentiment can be used to explain how an investor holding 3M can time the market purely based on public headlines and social activities around 3M Company. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

3M's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for 3M's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average 3M's news discussions. The higher the estimated score, the more favorable is the investor's outlook on 3M.

3M Implied Volatility

31.43

3M's implied volatility exposes the market's sentiment of 3M Company stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if 3M's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that 3M stock will not fluctuate a lot when 3M's options are near their expiration.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards 3M in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, 3M's short interest history, or implied volatility extrapolated from 3M options trading.

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When determining whether 3M Company is a strong investment it is important to analyze 3M's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact 3M's future performance. For an informed investment choice regarding 3M Stock, refer to the following important reports:

How To Invest In 3M

Details

Is 3M Stock a good investment?

Details

What is 3M's Net Worth?

Details

Largest Industrial Conglomerates Companies

View

Largest Capital Goods Companies

View

Check out 3M Piotroski F Score and 3M Altman Z Score analysis.

You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

Complementary Tools for 3M Stock analysis

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

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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3m Company Stock Beta

3M Company Company Beta Analysis

Beta

Covariance

Variance

Current 3M Beta

3M Beta Driver Correlations

3M Beta Peer Comparison

3M ESG Sustainability

3M Institutional Holders

3M Fundamentals

About 3M Fundamental Analysis

3M Investors Sentiment

3M Implied Volatility

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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