3M Financials
MMM Stock | EUR 126.86 3.98 3.24% |
3M |
Understanding current and past 3M Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of 3M's financial statements are interrelated, with each one affecting the others. For example, an increase in 3M's assets may result in an increase in income on the income statement.
3M Stock Summary
3M competes with ABB, Superior Plus, NMI Holdings, SIVERS SEMICONDUCTORS, and Talanx AG. 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 operates under Diversified Industrials classification in Germany and is traded on Frankfurt Stock Exchange. It employs 93000 people.Foreign Associates | |
Instrument | Germany Stock View All |
Exchange | Frankfurt Exchange |
ISIN | US88579Y1010 |
Business Address | 3M Center, Saint |
Sector | Industrials |
Industry | Diversified Industrials |
Benchmark | Dow Jones Industrial |
Website | www.3m.com |
Phone | 651 733 1110 |
Currency | EUR - Euro |
You should never invest in 3M without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of 3M Stock, because this is throwing your money away. Analyzing the key information contained in 3M's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
3M Key Financial Ratios
There are many critical financial ratios that 3M's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that 3M Company reports annually and quarterly.Return On Equity | 0.39 | |||
Return On Asset | 0.0748 | |||
Beta | 0.96 | |||
Z Score | 2.4 | |||
Last Dividend Paid | 5.96 |
3M Financial Ratios 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 . 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 Company Systematic Risk
3M's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. 3M volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was four with a total number of output elements of fifty-seven. The Beta measures systematic risk based on how returns on 3M Company correlated with the market. If Beta is less than 0 3M generally moves in the opposite direction as compared to the market. If 3M Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one 3M Company is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of 3M is generally in the same direction as the market. If Beta > 1 3M moves generally in the same direction as, but more than the movement of the benchmark.
3M November 27, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of 3M help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of 3M Company. We use our internally-developed statistical techniques to arrive at the intrinsic value of 3M Company based on widely used predictive technical indicators. In general, we focus on analyzing 3M Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build 3M's daily price indicators and compare them against related drivers.
Downside Deviation | 1.22 | |||
Information Ratio | 0.0031 | |||
Maximum Drawdown | 7.97 | |||
Value At Risk | (1.78) | |||
Potential Upside | 2.06 |
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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