3M Competitors

Stocks . Brazil . 
Stock . 3M Company
MMMC34 Stock  BRL 197.58  3.58  1.85%   
3M Company competes with Charter Communications, Autohome, Metalurgica Gerdau, American Airlines, and Extra Space; as well as few others. The company operates under Industrials sector and is part of Diversified Industrials industry. Analyzing 3M competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of 3M to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out 3M Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of 3M competition on your existing holdings.
  
Hype
Prediction
LowEstimatedHigh
195.90197.58199.26
Details
Intrinsic
Valuation
LowRealHigh
159.79161.47217.34
Details
Naive
Forecast
LowNextHigh
195.50197.19198.87
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
182.67189.40196.12
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as 3M. Your research has to be compared to or analyzed against 3M's peers to derive any actionable benefits. When done correctly, 3M's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in 3M Company.

3M Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between 3M and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of 3M and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of 3M Company does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
AALL34
+ 0.76
CHCM34
S1OU34
+ 0.69
AALL34
BROF11
+ 0.61
CHCM34
GOAU4
+ 0.51
CHCM34
BROF11
+ 0.49
AALL34
S1OU34
+ 0.37
A1TH34
  
High negative correlations   
E1XR34
- 0.47
A1TH34
E1XR34
- 0.44
AALL34
S1OU34
- 0.42
E1XR34
BROF11
- 0.33
A1TH34
A1TH34
- 0.28
CHCM34
E1XR34
- 0.24
CHCM34

Risk-Adjusted Indicators

There is a big difference between 3M Stock performing well and 3M Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze 3M's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
All Fundamental Data

3M Competitive Analysis

The better you understand 3M competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, 3M's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across 3M's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
MMMC34 CHCM34 A1TH34 GOAU4 AALL34 E1XR34 S1OU34 BROF11
 1.85 
 197.58 
3M
 2.62 
 38.75 
Charter
 0.82 
 15.99 
Autohome
 0.72 
 11.22 
Metalurgica
 2.21 
 85.38 
American
 3.65 
 255.75 
Extra
 0.00 
 164.56 
Southwest
 0.81 
 47.30 
Brpr
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Not too volatile
Not too volatile
Very steady
Very steady
Very steady
Very steady
Market Performance
(90 Days Performance)
Insignificant
OK
OK
Modest
Solid
Weak
Modest
Insignificant
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Low
Low
Low
Low
Low
Unknown
Current Valuation
(Equity Enterprise Value)
Over Valued
Over Valued
Fairly Valued
Fairly Valued
Under Valued
Over Valued
Fairly Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Sell
Strong Hold
Strong Hold
Strong Hold
Buy
Strong Sell
Strong Hold
Strong Sell
Current Ratio
1.93 X
0.47 X
N/A
2.44 X
1.05 X
1.54 X
1.54 X
Net Asset
46.45 B
144.52 B
28.53 B
74.61 B
64.72 B
10.47 B
36.32 B
Profit Margin
0.17 %
0.09 %
0.23 %
0.05 %
0 %
0.49 %
0.02 %
EBITDA
8.69 B
20.92 B
2.21 B
13.52 B
2.15 B
1.31 B
3.03 B
Operating Margin
0.16 %
0.23 %
0.14 %
0.22 %
0.04 %
0.55 %
0.05 %
Current Valuation
437.55 B
839.88 B
6.08 B
22.34 B
223.09 B
149.26 B
101.61 B
Price To Book
4.97 X
6.50 X
4.73 X
1.11 X
N/A
6.40 X
2.07 X
Retained Earnings
N/A
N/A
N/A
1.64 B
N/A
N/A
N/A
Current Asset
N/A
N/A
N/A
17.92 B
N/A
N/A
N/A
Five Year Return
N/A
N/A
N/A
3.98 %
N/A
N/A
N/A
Beta
0.96
1.13
0.16
1.22
1.54
0.56
1.14
Number Of Employees
92 K
101.7 K
5.52 K
29
129.7 K
4.31 K
66.66 K
Shares Outstanding
2.2 B
9.16 B
5.02 B
667.6 M
650.64 M
535.69 M
594.29 M
Cash Flow From Operations
5.59 B
14.93 B
3.52 B
13.19 B
2.17 B
952.44 M
2.32 B
Annual Yield
0.05 %
N/A
0.01 %
0.10 %
0.02 %
0.04 %
0.01 %
Total Debt
14 B
96.09 B
N/A
12.92 B
32.39 B
5.42 B
10.27 B
Return On Equity
0.39
0.38
0.0619
0.3
N/A
0.26
0.0511
Z Score
13.8
1.8
N/A
1.0
0.6
13.2
6.0
Return On Asset
0.0748
0.0544
0.0204
0.15
0.0172
0.0604
0.0191
Book Value Per Share
6.70 X
1.02 X
189.59 X
15.97 X
(8.91) X
6.07 X
17.99 X
Current Liabilities
N/A
N/A
N/A
6.28 B
N/A
N/A
N/A
Total Asset
46.45 B
144.52 B
28.53 B
74.61 B
64.72 B
10.47 B
36.32 B
Debt To Equity
166.30 %
3.71 %
N/A
0.51 %
N/A
1.69 %
1.37 %
Last Dividend Paid
5.96
N/A
3.37
1.25
N/A
5.75
0.18
Target Price
N/A
N/A
N/A
17.03
N/A
N/A
N/A
Shares Owned By Institutions
N/A
0.01 %
0.01 %
67.81 %
0.59 %
N/A
N/A
Market Capitalization
329.76 B
322.46 B
94.51 B
12.82 B
56.42 B
120.3 B
109.75 B
Price To Earning
19.78 X
38.78 X
N/A
8.54 X
N/A
10.78 X
N/A
Price To Earnings To Growth
2.32 X
0.29 X
N/A
0.23 X
0.68 X
4.19 X
0.43 X
Price To Sales
10.30 X
4.87 X
12.23 X
0.16 X
0.99 X
62.06 X
5.30 X
Net Income
5.78 B
5.05 B
2.25 B
5.06 B
127 M
827.65 M
977 M
Earnings Per Share
13.47 X
2.63 X
0.22 X
4.19 X
0.96 X
9.12 X
4.53 X
Shares Owned By Insiders
N/A
N/A
N/A
1.65 %
N/A
N/A
N/A
Revenue
34.23 B
54.02 B
7.24 B
78.35 B
48.97 B
1.58 B
15.79 B
Working Capital
N/A
N/A
N/A
11.64 B
N/A
N/A
N/A
Cash And Equivalents
2.99 B
1.71 B
N/A
4.15 B
17.95 B
56.01 M
16.87 B
Cash Per Share
5.19 X
0.16 X
N/A
7.91 X
27.72 X
0.42 X
28.52 X
Gross Profit
15 B
24.48 B
6.23 B
20.82 B
11.34 B
1.23 B
5.98 B
Day Typical Price
195.09
38.45
16.1
11.22
85.94
255.5
164.56
47.05
Accumulation Distribution
0.0378
0.0235
0.0566
0.0238
0.0249
0.0029
N/A
0.0405
Market Facilitation Index
7.46
0.91
0.94
0.27
2.17
0.75
N/A
1.94
Daily Balance Of Power
0.4799
1.087912
0.1383
0.2963
(0.89)
12.0
0.0
0.1959
Period Momentum Indicator
3.58
0.99
0.13
0.08
(1.93)
9.0
N/A
0.38
Rate Of Daily Change
1.02
1.03
1.01
1.01
0.98
1.04
1.0
1.01
Day Median Price
193.85
38.31
16.15
11.22
86.23
255.38
164.56
46.92
Price Action Indicator
5.52
0.94
(0.1)
0.045
(1.81)
4.88
N/A
0.57
Coefficient Of Variation
1009.3
848.87
845.53
1608.6
378.02
2152.15
924.4
2986.61
Mean Deviation
1.26
1.72
1.47
1.3
1.93
1.28
0.582
0.778
Jensen Alpha
0.1856
0.2394
0.2133
0.0298
0.6398
0.1287
0.1726
0.0529
Total Risk Alpha
(0.1)
(0.1)
(0.09)
(0.18)
0.2701
(0.24)
(0.09)
(0.14)
Sortino Ratio
0.0224
0.0963
0.0721
(0)
0.2832
(0.01)
N/A
(0.09)
Downside Variance
3.16
3.68
4.47
2.81
3.43
10.98
N/A
1.04
Standard Deviation
1.67
2.63
2.35
1.93
2.46
2.2
1.87
1.09
Kurtosis
0.5826
9.96
4.61
7.03
0.3235
3.56
30.91
1.43
Potential Upside
2.73
4.23
4.12
3.42
4.96
3.65
0.4621
2.13
Treynor Ratio
(0.59)
0.5712
0.5667
0.1583
220.73
(0.29)
1.12
(0.12)
Maximum Drawdown
7.63
17.68
14.96
14.19
12.1
12.39
19.0
5.96
Variance
2.78
6.93
5.52
3.73
6.04
4.83
3.5
1.2
Market Risk Adjusted Performance
(0.58)
0.5812
0.5767
0.1683
220.74
(0.28)
1.13
(0.11)
Risk Adjusted Performance
0.0813
0.0974
0.0974
0.0537
0.2096
0.0421
0.0888
0.0286
Skewness
0.046
2.23
1.32
1.36
0.5416
(0.09)
3.93
0.6109
Semi Deviation
1.54
1.6
1.49
1.53
1.45
1.89
N/A
0.9256
Information Ratio
0.0239
0.0702
0.0649
(0)
0.2135
(0.01)
0.0412
(0.08)
Value At Risk
(2.91)
(3.11)
(2.85)
(2.52)
(2.88)
(3.74)
N/A
(1.72)
Expected Short fall
(1.25)
(1.90)
(1.88)
(1.42)
(2.36)
(1.94)
N/A
(0.89)
Downside Deviation
1.78
1.92
2.11
1.68
1.85
3.31
N/A
1.02
Semi Variance
2.38
2.57
2.23
2.35
2.1
3.55
N/A
0.8567

3M Competition Performance Charts

Five steps to successful analysis of 3M Competition

3M's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by 3M Company in relation to its competition. 3M's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of 3M in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact 3M's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to 3M Company, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your 3M position

In addition to having 3M in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Books Thematic Idea Now

Books
Books Theme
Companies involved in publishing of books, newspapers, periodicals and other mass publications. The Books theme has 45 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Books Theme or any other thematic opportunities.
View All  Next Launch

Additional Information and Resources on Investing in 3M Stock

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 Correlation with its peers.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Altman
Z Score
Details
Intrinsic
Valuation
Details
Financial
Analysis
Details
Buy or Sell
Advice
Details
Technical
Analysis
Details
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
 
Feedback Blog
Made with optimal in San Francisco
2024 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY