3M Net Worth
3M Net Worth Breakdown | MMM |
3M Net Worth Analysis
3M's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including 3M's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of 3M's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform 3M's net worth analysis. One common approach is to calculate 3M's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares 3M's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing 3M's net worth. This approach calculates the present value of 3M's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of 3M's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate 3M's net worth. This involves comparing 3M's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into 3M's net worth relative to its peers.
Enterprise Value |
|
To determine if 3M is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding 3M's net worth research are outlined below:
| 3M Company generated a negative expected return over the last 90 days | |
| The company reported the last year's revenue of 32.68 B. Reported Net Loss for the year was (6.98 B) with profit before taxes, overhead, and interest of 15 B. | |
| About 68.0% of the company shares are owned by institutional investors | |
| Latest headline from thelincolnianonline.com: 3M Shares Bought by Swedbank AB |
3M Quarterly Good Will |
|
3M uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in 3M Company. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to 3M's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 23rd of April 2024 Upcoming Quarterly Report | View | |
| 23rd of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 28th of January 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
3M Target Price Consensus
3M target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. 3M's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 19 | Buy |
Most 3M analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand 3M stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of 3M Company, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure Valuation3M Target Price Projection
3M's current and average target prices are 132.48 and 113.69, respectively. The current price of 3M is the price at which 3M Company is currently trading. On the other hand, 3M's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Target Price
Analyst Consensus On 3M Target Price
Know 3M's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as 3M is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading 3M Company backward and forwards among themselves. 3M's institutional investor refers to the entity that pools money to purchase 3M's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Capital World Investors | 2024-09-30 | 4.9 M | Legal & General Group Plc | 2024-06-30 | 4.9 M | Norges Bank | 2024-06-30 | 4.4 M | Millennium Management Llc | 2024-06-30 | 4 M | Amvescap Plc. | 2024-06-30 | 4 M | Ubs Asset Mgmt Americas Inc | 2024-09-30 | 3.8 M | Charles Schwab Investment Management Inc | 2024-09-30 | 3.6 M | Hhg Plc | 2024-06-30 | 3.4 M | Goldman Sachs Group Inc | 2024-06-30 | 3.4 M | Vanguard Group Inc | 2024-09-30 | 49.5 M | Blackrock Inc | 2024-06-30 | 38.4 M |
Follow 3M's market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 72.4 B.Market Cap |
|
Project 3M's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.21) | (0.20) | |
| Return On Capital Employed | (0.26) | (0.25) | |
| Return On Assets | (0.14) | (0.13) | |
| Return On Equity | (1.46) | (1.38) |
When accessing 3M's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures 3M's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of 3M's profitability and make more informed investment decisions.
Evaluate 3M's management efficiency
3M Company has Return on Asset of 0.0903 % which means that on every $100 spent on assets, it made $0.0903 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 1.1329 %, implying that it generated $1.1329 on every 100 dollars invested. 3M's management efficiency ratios could be used to measure how well 3M manages its routine affairs as well as how well it operates its assets and liabilities. As of the 28th of November 2024, Return On Tangible Assets is likely to grow to -0.2. In addition to that, Return On Capital Employed is likely to grow to -0.25. At this time, 3M's Non Current Assets Total are very stable compared to the past year. As of the 28th of November 2024, Other Current Assets is likely to grow to about 896.6 M, while Non Currrent Assets Other are likely to drop about 1.3 B.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 8.79 | 10.66 | |
| Tangible Book Value Per Share | (22.18) | (21.07) | |
| Enterprise Value Over EBITDA | (9.12) | (8.67) | |
| Price Book Value Ratio | 10.53 | 11.06 | |
| Enterprise Value Multiple | (9.12) | (8.67) | |
| Price Fair Value | 10.53 | 11.06 | |
| Enterprise Value | 88.9 B | 93.4 B |
3M Company has shown resilience through effective management strategies. Our analysis examines how these strategies influence financial outcomes and investor returns which helps in understanding the stock's long-term potential.
Enterprise Value Revenue 2.4176 | Revenue 32.6 B | Quarterly Revenue Growth 0.004 | Revenue Per Share 58.972 | Return On Equity 1.1329 |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific 3M insiders, such as employees or executives, is commonly permitted as long as it does not rely on 3M's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases 3M insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
3M Corporate Filings
F4 | 21st of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
| 14th of November 2024 Other Reports | ViewVerify | |
8K | 22nd of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 17th of October 2024 An amended filing to the original Schedule 13G | ViewVerify |
3M Earnings Estimation Breakdown
The calculation of 3M's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of 3M is estimated to be 1.67 with the future projection ranging from a low of 1.8 to a high of 1.84505. Please be aware that this consensus of annual earnings estimates for 3M Company is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
1.80 Lowest | Expected EPS | 1.85 Highest |
3M Earnings Projection Consensus
Suppose the current estimates of 3M's value are higher than the current market price of the 3M stock. In this case, investors may conclude that 3M is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and 3M's stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 31st of December 2024 | Current EPS (TTM) | |
| 19 | 90.43% | 1.98 | 1.67 | 9.61 |
3M Earnings History
Earnings estimate consensus by 3M Company analysts from Wall Street is used by the market to judge 3M's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only 3M's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.3M Quarterly Gross Profit |
|
3M Earnings per Share Projection vs Actual
Actual Earning per Share of 3M refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering 3M Company predict the company's earnings will be in the future. The higher the earnings per share of 3M, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.3M Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as 3M, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of 3M should always be considered in relation to other companies to make a more educated investment decision.3M Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact 3M's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-10-22 | 2024-09-30 | 1.91 | 1.98 | 0.07 | 3 | ||
2024-07-26 | 2024-06-30 | 1.68 | 1.93 | 0.25 | 14 | ||
2024-04-30 | 2024-03-31 | 2.1 | 2.39 | 0.29 | 13 | ||
2024-01-23 | 2023-12-31 | 2.31 | 2.42 | 0.11 | 4 | ||
2023-10-24 | 2023-09-30 | 2.34 | 2.68 | 0.34 | 14 | ||
2023-07-25 | 2023-06-30 | 1.72 | 2.17 | 0.45 | 26 | ||
2023-04-25 | 2023-03-31 | 1.58 | 1.97 | 0.39 | 24 | ||
2023-01-24 | 2022-12-31 | 2.36 | 2.28 | -0.08 | 3 | ||
2022-10-25 | 2022-09-30 | 2.6 | 2.69 | 0.09 | 3 | ||
2022-07-26 | 2022-06-30 | 2.42 | 2.48 | 0.06 | 2 | ||
2022-04-26 | 2022-03-31 | 2.31 | 2.65 | 0.34 | 14 | ||
2022-01-25 | 2021-12-31 | 2.01 | 2.31 | 0.3 | 14 | ||
2021-10-26 | 2021-09-30 | 2.2 | 2.45 | 0.25 | 11 | ||
2021-07-27 | 2021-06-30 | 2.28 | 2.59 | 0.31 | 13 | ||
2021-04-27 | 2021-03-31 | 2.29 | 2.77 | 0.48 | 20 | ||
2021-01-26 | 2020-12-31 | 2.15 | 2.38 | 0.23 | 10 | ||
2020-10-27 | 2020-09-30 | 2.26 | 2.43 | 0.17 | 7 | ||
2020-07-28 | 2020-06-30 | 1.8 | 1.78 | -0.02 | 1 | ||
2020-04-28 | 2020-03-31 | 2.03 | 2.16 | 0.13 | 6 | ||
2020-01-28 | 2019-12-31 | 2.1 | 2.15 | 0.05 | 2 | ||
2019-10-24 | 2019-09-30 | 2.49 | 2.58 | 0.09 | 3 | ||
2019-07-25 | 2019-06-30 | 2.05 | 2.2 | 0.15 | 7 | ||
2019-04-25 | 2019-03-31 | 2.49 | 2.23 | -0.26 | 10 | ||
2019-01-29 | 2018-12-31 | 2.28 | 2.31 | 0.03 | 1 | ||
2018-10-23 | 2018-09-30 | 2.7 | 2.58 | -0.12 | 4 | ||
2018-07-24 | 2018-06-30 | 2.58 | 2.59 | 0.01 | 0 | ||
2018-04-24 | 2018-03-31 | 2.5 | 2.5 | 0.0 | 0 | ||
2018-01-25 | 2017-12-31 | 2.01 | 2.1 | 0.09 | 4 | ||
2017-10-24 | 2017-09-30 | 2.21 | 2.33 | 0.12 | 5 | ||
2017-07-25 | 2017-06-30 | 2.54 | 2.25 | -0.29 | 11 | ||
2017-04-25 | 2017-03-31 | 2.06 | 2.16 | 0.1 | 4 | ||
2017-01-24 | 2016-12-31 | 1.87 | 1.88 | 0.01 | 0 | ||
2016-10-25 | 2016-09-30 | 2.14 | 2.15 | 0.01 | 0 | ||
2016-07-26 | 2016-06-30 | 2.07 | 2.08 | 0.01 | 0 | ||
2016-04-26 | 2016-03-31 | 1.92 | 2.05 | 0.13 | 6 | ||
2016-01-26 | 2015-12-31 | 1.63 | 1.66 | 0.03 | 1 | ||
2015-10-22 | 2015-09-30 | 2 | 2.05 | 0.05 | 2 | ||
2015-07-23 | 2015-06-30 | 2 | 2.02 | 0.02 | 1 | ||
2015-04-23 | 2015-03-31 | 1.92 | 1.95 | 0.03 | 1 | ||
2015-01-27 | 2014-12-31 | 1.8 | 1.81 | 0.01 | 0 | ||
2014-10-23 | 2014-09-30 | 1.96 | 1.98 | 0.02 | 1 | ||
2014-07-24 | 2014-06-30 | 1.91 | 1.91 | 0.0 | 0 | ||
2014-04-24 | 2014-03-31 | 1.8 | 1.79 | -0.01 | 0 | ||
2014-01-30 | 2013-12-31 | 1.62 | 1.62 | 0.0 | 0 | ||
2013-10-24 | 2013-09-30 | 1.75 | 1.78 | 0.03 | 1 | ||
2013-07-25 | 2013-06-30 | 1.7 | 1.71 | 0.01 | 0 | ||
2013-04-25 | 2013-03-31 | 1.65 | 1.61 | -0.04 | 2 | ||
2013-01-24 | 2012-12-31 | 1.41 | 1.41 | 0.0 | 0 | ||
2012-10-23 | 2012-09-30 | 1.65 | 1.65 | 0.0 | 0 | ||
2012-07-26 | 2012-06-30 | 1.65 | 1.66 | 0.01 | 0 | ||
2012-04-24 | 2012-03-31 | 1.49 | 1.63 | 0.14 | 9 | ||
2012-01-26 | 2011-12-31 | 1.31 | 1.35 | 0.04 | 3 | ||
2011-10-25 | 2011-09-30 | 1.61 | 1.52 | -0.09 | 5 | ||
2011-07-26 | 2011-06-30 | 1.6 | 1.6 | 0.0 | 0 | ||
2011-04-26 | 2011-03-31 | 1.44 | 1.49 | 0.05 | 3 | ||
2011-01-25 | 2010-12-31 | 1.27 | 1.28 | 0.01 | 0 | ||
2010-10-28 | 2010-09-30 | 1.51 | 1.53 | 0.02 | 1 | ||
2010-07-22 | 2010-06-30 | 1.48 | 1.54 | 0.06 | 4 | ||
2010-04-27 | 2010-03-31 | 1.21 | 1.4 | 0.19 | 15 | ||
2010-01-28 | 2009-12-31 | 1.21 | 1.3 | 0.09 | 7 | ||
2009-10-22 | 2009-09-30 | 1.17 | 1.37 | 0.2 | 17 | ||
2009-07-23 | 2009-06-30 | 0.94 | 1.2 | 0.26 | 27 | ||
2009-04-24 | 2009-03-31 | 0.86 | 0.81 | -0.05 | 5 | ||
2009-01-29 | 2008-12-31 | 0.93 | 0.97 | 0.04 | 4 | ||
2008-10-21 | 2008-09-30 | 1.38 | 1.42 | 0.04 | 2 | ||
2008-07-24 | 2008-06-30 | 1.35 | 1.39 | 0.04 | 2 | ||
2008-04-24 | 2008-03-31 | 1.35 | 1.38 | 0.03 | 2 | ||
2008-01-29 | 2007-12-31 | 1.17 | 1.19 | 0.02 | 1 | ||
2007-10-19 | 2007-09-30 | 1.28 | 1.29 | 0.01 | 0 | ||
2007-07-26 | 2007-06-30 | 1.18 | 1.23 | 0.05 | 4 | ||
2007-04-26 | 2007-03-31 | 1.12 | 1.28 | 0.16 | 14 | ||
2007-01-30 | 2006-12-31 | 1.14 | 1.1 | -0.04 | 3 | ||
2006-10-20 | 2006-09-30 | 1.12 | 1.17 | 0.05 | 4 | ||
2006-07-25 | 2006-06-30 | 1.07 | 1.05 | -0.02 | 1 | ||
2006-04-21 | 2006-03-31 | 1.14 | 1.17 | 0.03 | 2 | ||
2006-01-24 | 2005-12-31 | 1.03 | 1.04 | 0.01 | 0 | ||
2005-10-18 | 2005-09-30 | 1.08 | 1.1 | 0.02 | 1 | ||
2005-07-18 | 2005-06-30 | 1.09 | 1.09 | 0.0 | 0 | ||
2005-04-18 | 2005-03-31 | 1.01 | 1.03 | 0.02 | 1 | ||
2005-01-18 | 2004-12-31 | 0.91 | 0.91 | 0.0 | 0 | ||
2004-10-18 | 2004-09-30 | 0.98 | 0.97 | -0.01 | 1 | ||
2004-07-19 | 2004-06-30 | 0.96 | 0.97 | 0.01 | 1 | ||
2004-04-19 | 2004-03-31 | 0.87 | 0.9 | 0.03 | 3 | ||
2004-01-20 | 2003-12-31 | 0.76 | 0.77 | 0.01 | 1 | ||
2003-10-20 | 2003-09-30 | 0.79 | 0.83 | 0.04 | 5 | ||
2003-07-21 | 2003-06-30 | 0.75 | 0.78 | 0.03 | 4 | ||
2003-04-21 | 2003-03-31 | 0.7 | 0.71 | 0.01 | 1 | ||
2003-01-21 | 2002-12-31 | 0.64 | 0.65 | 0.01 | 1 | ||
2002-10-21 | 2002-09-30 | 0.69 | 0.69 | 0.0 | 0 | ||
2002-07-22 | 2002-06-30 | 0.67 | 0.68 | 0.01 | 1 | ||
2002-04-22 | 2002-03-31 | 0.59 | 0.62 | 0.03 | 5 | ||
2002-01-18 | 2001-12-31 | 0.49 | 0.49 | 0.0 | 0 | ||
2001-10-22 | 2001-09-30 | 0.55 | 0.55 | 0.0 | 0 | ||
2001-07-23 | 2001-06-30 | 0.56 | 0.56 | 0.0 | 0 | ||
2001-04-23 | 2001-03-31 | 0.58 | 0.58 | 0.0 | 0 | ||
2001-01-24 | 2000-12-31 | 0.6 | 0.56 | -0.04 | 6 | ||
2000-10-23 | 2000-09-30 | 0.61 | 0.63 | 0.02 | 3 | ||
2000-07-26 | 2000-06-30 | 0.58 | 0.59 | 0.01 | 1 | ||
2000-04-25 | 2000-03-31 | 0.54 | 0.56 | 0.02 | 3 | ||
2000-01-26 | 1999-12-31 | 0.51 | 0.55 | 0.04 | 7 | ||
1999-10-25 | 1999-09-30 | 0.53 | 0.57 | 0.04 | 7 | ||
1999-07-29 | 1999-06-30 | 0.5 | 0.52 | 0.02 | 4 | ||
1999-04-30 | 1999-03-31 | 0.46 | 0.48 | 0.02 | 4 | ||
1999-01-25 | 1998-12-31 | 0.4 | 0.43 | 0.03 | 7 | ||
1998-10-22 | 1998-09-30 | 0.49 | 0.49 | 0.0 | 0 | ||
1998-07-23 | 1998-06-30 | 0.46 | 0.48 | 0.02 | 4 | ||
1998-04-28 | 1998-03-31 | 0.5 | 0.49 | -0.01 | 2 | ||
1998-01-27 | 1997-12-31 | 0.46 | 0.45 | -0.01 | 2 | ||
1997-10-22 | 1997-09-30 | 0.52 | 0.53 | 0.01 | 1 | ||
1997-07-23 | 1997-06-30 | 0.51 | 0.51 | 0.0 | 0 | ||
1997-04-22 | 1997-03-31 | 0.49 | 0.5 | 0.01 | 2 | ||
1997-01-28 | 1996-12-31 | 0.44 | 0.45 | 0.01 | 2 | ||
1996-10-25 | 1996-09-30 | 0.46 | 0.48 | 0.02 | 4 | ||
1996-07-29 | 1996-06-30 | 0.45 | 0.46 | 0.01 | 2 | ||
1996-05-02 | 1996-03-31 | 0.44 | 0.44 | 0.0 | 0 |
3M Corporate Directors
| Thomas Brown | Independent Director | Profile | |
| Ahmet Kent | Independent Director | Profile | |
| David Dillon | Independent Director | Profile | |
| Dambisa Moyo | Independent Director | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in 3M Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Industrial Conglomerates space 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 (0.05) | Dividend Share 4.41 | Earnings Share 9.61 | Revenue Per Share 58.972 | Quarterly Revenue Growth 0.004 |
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.