3M (NEOE:MMMM) - Stock Price, News & Analysis

MMMM Stock Overview

Provides diversified technology services in the United States and internationally.

MMMM fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	4/6
Past Performance	1/6
Financial Health	3/6
Dividends	3/6

Rewards

Trading at 36.8% below our estimate of its fair value

Earnings are forecast to grow 20.72% per year

Became profitable this year

Risk Analysis

Shares are highly illiquid

Has a high level of debt

Large one-off items impacting financial results

Dividend of 2.07% is not well covered by earnings

3M Company Competitors

WSP Global

TSX:WSP

CA$32.6b

Hitachi

TSE:6501

JP¥18.5t

Honeywell International

NasdaqGS:HON

US$142.6b

Stantec

TSX:STN

CA$13.0b

Price History & Performance

Summary of all time highs, changes and price drops for 3M
Historical stock prices
Current Share Price	US$22.11
52 Week High	US$22.50
52 Week Low	US$21.71
Beta	1.0
11 Month Change	1.84%
3 Month Change	n/a
1 Year Change	n/a
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	1.84%

Recent updates

Shareholder Returns

	MMMM	CA Industrials	CA Market
7D	0.7%	2.0%	1.4%
1Y	n/a	30.5%	27.3%

Return vs Industry: Insufficient data to determine how MMMM performed against the Canadian Industrials industry.

Return vs Market: Insufficient data to determine how MMMM performed against the Canadian Market.

Price Volatility

Is MMMM's price volatile compared to industry and market?
MMMM volatility
MMMM Average Weekly Movement	n/a
Industrials Industry Average Movement	6.0%
Market Average Movement	8.2%
10% most volatile stocks in CA Market	17.0%
10% least volatile stocks in CA Market	3.0%

Stable Share Price: MMMM's share price has been volatile over the past 3 months compared to the Canadian market.

Volatility Over Time: Insufficient data to determine MMMM's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1902	85,000	Bill Brown	www.3m.com

3M Company provides diversified technology services in the United States and internationally. The company’s 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. Its Transportation and Electronics segment provides ceramic solutions; attachment/bonding products, 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; semiconductor production materials; data centers solutions; and reflective signage for highway, and vehicle safety.

3M Company Fundamentals Summary

How do 3M's earnings and revenue compare to its market cap?
MMMM fundamental statistics
Market cap	CA$102.92b
Earnings (TTM)	CA$1.96b
Revenue (TTM)	CA$45.03b

52.2x

P/E Ratio

2.3x

P/S Ratio

Is MMMM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MMMM income statement (TTM)
Revenue	US$32.61b
Cost of Revenue	US$18.02b
Gross Profit	US$14.60b
Other Expenses	US$13.18b
Earnings	US$1.42b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Oct 22, 2024

Earnings per share (EPS)	2.59
Gross Margin	44.76%
Net Profit Margin	4.36%
Debt/Equity Ratio	330.5%

How did MMMM perform over the long term?

See historical performance and comparison

Dividends

2.1%

Current Dividend Yield

203%

Payout Ratio

3M NEOE:MMMM Stock Report