AI Spotlight on MMM
Company Description
3M Company operates as a diversified technology company worldwide.It operates through four segments: Safety and Industrial; Transportation and Electronics; Health Care; and Consumer.The Safety and Industrial segment offers industrial abrasives and finishing for metalworking applications; autobody repair solutions; closure systems for personal hygiene products, masking, and packaging materials; electrical products and materials for construction and maintenance, power distribution, and electrical original equipment manufacturers; structural adhesives and tapes; respiratory, hearing, eye, and fall protection solutions; and natural and color-coated mineral granules for shingles.
The Transportation and Electronics segment provides ceramic solutions; attachment tapes, films, sound, and temperature management for transportation vehicles; premium large format graphic films for advertising and fleet signage; light management films and electronics assembly solutions; packaging and interconnection solutions; and reflective signage for highway, and vehicle safety.The Healthcare segment offers food safety indicator solutions; health care procedure coding and reimbursement software; skin, wound care, and infection prevention products and solutions; dentistry and orthodontia solutions; and filtration and purification systems.The Consumer segment provides consumer bandages, braces, supports and consumer respirators; cleaning products for the home; retail abrasives, paint accessories, car care DIY products, picture hanging, and consumer air quality solutions; and stationery products.
It offers its products through e-commerce and traditional wholesalers, retailers, jobbers, distributors, and dealers.The company was founded in 1902 and is based in St. Paul, Minnesota.
Market Data
Last Price | 154.4 |
Change Percentage | 1.89% |
Open | 152 |
Previous Close | 151.54 |
Market Cap ( Millions) | 83294 |
Volume | 3408965 |
Year High | 154.65 |
Year Low | 75.65 |
M A 50 | 133.82 |
M A 200 | 120.33 |
Financial Ratios
FCF Yield | 1.12% |
Dividend Yield | 2.18% |
ROE | 96.39% |
Debt / Equity | 339.16% |
Net Debt / EBIDTA | 113.08% |
Price To Book | 21.55 |
Price Earnings Ratio | 20.11 |
Price To FCF | 89.66 |
Price To sales | 3.14 |
EV / EBITDA | 13.51 |
News
- Jan -28 - 3M's Turnaround Is Off to a Good Start. Here's Why It's a Buy for 2025 and Beyond.
- Jan -27 - 3M Stock Could Extend Multi-Year Highs
- Jan -27 - Why These 3 Stocks With High Call Option Volume Deserve Attention
- Jan -23 - Tide Shifts for 3M: How to Profit from the Rally
- Jan -23 - 3M Is Structurally Shifting For Durable Growth
- Jan -23 - What's Next For 3M Stock?
- Jan -21 - 3-Stock Lunch: 3M, Moderna, & T-Mobile
- Jan -21 - Committee stocks on the move: 3M, D.R. Horton, Charles Schwab, Prologis and Fifth Third
- Jan -21 - 3M Company (MMM) Q4 2024 Earnings Call Transcript
- Jan -21 - 3M hits three-year high as earnings beat paves way for stronger profit
- Jan -21 - MMM's Q4 Earnings Surpass Estimates, Revenues Increase Y/Y
- Jan -21 - 3M Stock Surges on Better-Than-Expected Results
- Jan -21 - Here's Why 3M Stock Spiked Higher Today
- Jan -21 - S&P500: 3M Earnings Drive Industrials Higher, Tech Stocks Mixed
- Jan -21 - 3M (MMM) Reports Q4 Earnings: What Key Metrics Have to Say
- Jan -21 - Why 3M Is the Best Dow Jones Stock Today
- Jan -21 - Dow Stock Looks to Extend Win Streak After Earnings
- Jan -21 - Dow Jumps 200 Points; 3M Posts Upbeat Q4 Results
- Jan -21 - 3M: Q4 Earnings Beat Amid Legal Woes
- Jan -21 - 3M's stock rises as company targets growth this year
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Safety and Industrial
Expected Growth : 4.65 %
What the company do ?
The Safety and Industrial segment from 3M Company provides personal protective equipment, fall protection, and industrial adhesives and tapes for various industries.
Why we expect these perspectives ?
The 4.65% growth in Safety and Industrial segment of 3M Company is driven by increasing demand for personal protective equipment, growth in automotive and electronics markets, and strategic acquisitions. Additionally, 3M's focus on innovation, cost savings initiatives, and geographic expansion in high-growth markets also contribute to the segment's growth.
Segment nΒ°2 -> Transportation and Electronics
Expected Growth : 4.4 %
What the company do ?
3M's Transportation and Electronics segment provides materials and solutions for the automotive, aerospace, and electronics industries, including adhesives, abrasives, and electronic materials.
Why we expect these perspectives ?
For 3M's Transportation segment, growth drivers include increasing demand for automotive electrification, advanced materials for lightweighting, and safety features. In Electronics, growth is driven by rising adoption of 5G, IoT, and artificial intelligence, as well as growing demand for high-performance materials and advanced ceramics.
Segment nΒ°3 -> Health Care
Expected Growth : 7.88 %
What the company do ?
3M's Health Care business provides medical solutions for wound care, oral care, and health information systems, improving patient outcomes and healthcare efficiency.
Why we expect these perspectives ?
3M's Health Care segment growth of 7.88% is driven by increasing demand for medical solutions, expansion in emerging markets, and strategic acquisitions. The company's innovative products, such as wound care and oral care solutions, are experiencing strong adoption. Additionally, 3M's focus on digital health and healthcare IT is contributing to growth.
Segment nΒ°4 -> Consumer
Expected Growth : 4.65 %
What the company do ?
The Consumer segment from 3M Company includes a wide range of products for commercial and personal use, such as office supplies, stationery, and craft materials.
Why we expect these perspectives ?
The 4.65% growth in 3M's Consumer segment is driven by increasing demand for home improvement and DIY products, as well as a rise in online sales. Additionally, 3M's strategic investments in e-commerce and digital marketing have expanded its customer reach, contributing to the segment's growth.
Segment nΒ°5 -> Corporate and Unallocated
Expected Growth : 4.65 %
What the company do ?
Corporate and Unallocated from 3M Company refers to the central corporate functions and unallocated costs not attributed to specific business segments, including headquarters, research and development, and other miscellaneous expenses.
Why we expect these perspectives ?
3M's Corporate and Unallocated segment growth of 4.65% is driven by strategic cost savings initiatives, operational efficiencies, and a favorable mix of higher-margin businesses. Additionally, the company's investments in digital transformation, innovation, and research and development have contributed to top-line growth.
3M Company Products
Product Range | What is it ? |
---|---|
Adhesives | A wide range of adhesives for industrial, commercial, and consumer applications |
Abrasive Systems | Abrasive products for grinding, cutting, and finishing applications |
Advanced Ceramics | Ceramic materials for industrial, automotive, and electronic applications |
Electronics Materials | Materials and components for electronic devices and circuits |
Filtek Dental Products | Dental restorative materials and equipment |
Health Care Products | Medical supplies and equipment for wound care, oral care, and drug delivery |
Industrial Tapes | Adhesive tapes for industrial, commercial, and consumer applications |
Littmann Stethoscopes | High-quality stethoscopes for medical professionals |
Occupational Health and Environmental Safety | Personal protective equipment and safety products |
Office Supplies | Office products such as Post-it Notes, Scotch Tape, and Scotch-Brite cleaning products |
Personal Care Products | Oral care, skin care, and wound care products for consumers |
Thinsulate Insulation | Thermal insulation materials for clothing, footwear, and industrial applications |
3M Company's Porter Forces
Threat Of Substitutes
The threat of substitutes for 3M Company is medium due to the presence of alternative products and services in the market. However, 3M's strong brand reputation and diversified product portfolio mitigate this threat to some extent.
Bargaining Power Of Customers
The bargaining power of customers for 3M Company is low due to the company's strong brand reputation and diversified product portfolio, which reduces the negotiating power of customers.
Bargaining Power Of Suppliers
The bargaining power of suppliers for 3M Company is medium due to the presence of multiple suppliers in the market. However, 3M's strong relationships with its suppliers and its diversified supply chain mitigate this threat to some extent.
Threat Of New Entrants
The threat of new entrants for 3M Company is low due to the high barriers to entry in the industry, including high capital requirements and the need for specialized technology and expertise.
Intensity Of Rivalry
The intensity of rivalry for 3M Company is high due to the presence of several established players in the industry, including competitors such as DuPont and BASF. This leads to a highly competitive market with intense price competition and advertising wars.
Capital Structure
Value | |
---|---|
Debt Weight | 77.81% |
Debt Cost | 7.74% |
Equity Weight | 22.19% |
Equity Cost | 9.15% |
WACC | 8.05% |
Leverage | 350.61% |
3M Company : Quality Control
3M Company passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
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PAYX | Paychex, Inc. provides integrated human capital management solutions for human resources (HR), payroll, benefits, and insurance services for small to medium-sized businesses in the United States, Europe, and India. It β¦ |
HON | Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide. Its Aerospace segment offers auxiliary power units, propulsion engines, integrated avionics, environmental control and electric power systems, engine β¦ |
TDG | TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States and internationally. Its Power & Control segment offers mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, β¦ |