3M Financials
We suggest to use 3M Company fundamental analysis to see if markets are at this moment undervaluing or overvaluing the company. Strictly speaking, this technique allows you to double-check available fundamental indicators of 3M Company as well as the relationship between them. We have collected data for thirty-one available financial indicators for 3M, which can be compared to its peers in the sector. The stock experiences a normal downward trend and little activity. Check odds of 3M to be traded at R$184.9 in 90 days.
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.
Please note, the presentation of 3M's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, 3M's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of 3M's management manipulating its earnings.
3M Stock Summary
3M competes with Zoom Video, Paycom Software, Unifique Telecomunicaes, G2D Investments, and Verizon Communications. 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.Instrument | Brazil Stock View All |
Exchange | Sao Paulo Exchange |
Business Address | 3M Center, Saint |
Sector | Industrials |
Industry | Diversified Industrials |
Benchmark | Dow Jones Industrial |
Website | www.3m.com |
Phone | 651 733 1110 |
Currency | BRL - Brazilian Real |
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
3M's financial ratios allow both analysts and investors to convert raw data from 3M's financial statements into concise, actionable information that can be used to evaluate the performance of 3M over time and compare it to other companies across industries.Return On Equity | 0.39 | |||
Return On Asset | 0.0748 | |||
Beta | 0.96 | |||
Z Score | 13.8 | |||
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 . 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.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 three with a total number of output elements of fifty-eight. 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 24, 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 | 1.78 | |||
Information Ratio | (0.03) | |||
Maximum Drawdown | 7.63 | |||
Value At Risk | (2.91) | |||
Potential Upside | 2.21 |
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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