3M Financial Statements From 2010 to 2024
| MMMC34 Stock | BRL 197.58 3.58 1.85% |
Check 3M financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among 3M's main balance sheet or income statement drivers, such as , as well as many indicators such as . 3M financial statements analysis is a perfect complement when working with 3M Valuation or Volatility modules.
3M |
3M Company Company Return On Asset Analysis
3M's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current 3M Return On Asset | 0.0748 |
Most of 3M's fundamental indicators, such as Return On Asset, 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.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Based on the latest financial disclosure, 3M Company has a Return On Asset of 0.0748. This is 114.67% lower than that of the Industrials sector and 94.11% lower than that of the Diversified Industrials industry. The return on asset for all Brazil stocks is 153.43% lower than that of the firm.
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 considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.19 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for 3M Company is roughly 5.18 . 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.About 3M Financial Statements
3M stakeholders use historical fundamental indicators, such as 3M's revenue or net income, to determine how well the company is positioned to perform in the future. Although 3M investors may analyze each financial statement separately, they are all interrelated. For example, changes in 3M's assets and liabilities are reflected in the revenues and expenses on 3M's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in 3M Company. Please read more on our technical analysis and fundamental analysis pages.
3M Company develops, manufactures, and markets various products worldwide. The company serves automotive, electronics and automotive electrification, appliance, paper and printing, packaging, food and beverage, construction, medical clinics and hospitals, pharmaceuticals, dental and orthodontic practitioners, health information systems, food manufacturing and testing, consumer and office retail, office business to business, home improvement, drug and pharmacy retail, and other markets. 3M Company was founded in 1902 and is headquartered in St. 3M DRN operates under Diversified Industrials classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 93000 people.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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:Check out the analysis of 3M Correlation against competitors. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.