3M Competitors

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Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of 3M's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of 3M in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
124.57126.38128.19
Details
Intrinsic
Valuation
LowReal ValueHigh
114.29155.66157.47
Details
15 Analysts
Consensus
LowTarget PriceHigh
172.00188.54215.00
Details
Earnings
Estimates (7)
LowProjected EPSHigh
9.759.859.90
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as 3M. Your research has to be compared to or analyzed against 3M's peers to derive any actionable benefits. When done correctly, 3M's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in 3M Company.

3M Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between 3M and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of 3M and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of 3M Company does not affect the price movement of the other competitor.
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3M Competition Risk-Adjusted Indicators

Nowadays, there is a big difference between 3M Stock performing well and 3M company doing well compared to the competition. There are way too many exceptions to the normal that investors can tell for sure what's good or bad unless they analyze 3M's multiple risk-adjusted performance indicators. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean
Deviation
Jensen
Alpha
Sortino
Ratio
Treynor
Ratio
Semi
Deviation
Information
Ratio
Expected
Shortfall
Potential
Upside
Value
At Risk
Maximum
Drawdown
ALSN 1.40  0.25  0.15  0.39  1.35  0.13 (1.64)  3.38 (2.43)  8.27 
CVGI 2.56  0.09  0.04  0.17  2.47  0.0365 (3.35)  5.84 (4.29)  10.56 
FSTR 2.31 (0.54)  0.00 (0.74)  0.00 (0.18)  0.00  3.10 (6.27)  19.21 
GBX 2.45  0.35  0.13  0.33  2.51  0.11 (2.71)  4.60 (4.57)  23.61 
GFF 2.31  0.10  0.06  0.16  2.56  0.05 (2.43)  5.49 (4.14)  12.83 
MLR 1.42  0.19  0.11  0.29  1.55  0.1 (1.62)  2.66 (2.93)  10.38 
NNBR 2.62 (0.29)  0.00 (0.26)  0.00 (0.08)  0.00  5.16 (5.00)  24.91 
PLOW 1.75  0.39  0.21  0.50  1.40  0.16 (2.04)  3.87 (2.43)  15.51 

Cross Equities Net Income Analysis

Compare 3M Company and related stocks such as Allison Transmission, Commercial Vehicle, LB Foster, Greenbrier Companies, Griffon, Miller Industries, NN Inc, and Douglas Dynamics Net Income Over Time
Select Fundamental

2010201120122013201420152016201720182019202020212022
ALSN29.6 M103 M514.2 M165.4 M228.6 M182.3 M214.9 M504 M639 M604 M299 M442 M370.4 M
CVGI6.5 M18.6 M50.1 M(12.4 M)7.6 M7.1 M6.8 M(1.7 M)44.5 M15.8 M(37 M)23.7 M18.7 M
FSTR20.5 M22.9 M16.2 M29.3 M25.7 M(44.4 M)(141.7 M)4.1 M(31.2 M)42.6 M7.6 M3.6 M3.9 M
GBX4.3 M58.7 M(11 M)111.9 M192.8 M183.2 M116.1 M151.8 M71.1 M49 M32.5 M46.9 M57.5 M
GFF9.6 M17 M3.8 M(177 K)34.3 M30 M14.9 M125.7 M37.3 M53.4 M79.2 M(191.6 M)(196.6 M)
MLR11.7 M23 M9.1 M9.2 M14.9 M16 M19.9 M23 M33.7 M39.1 M29.8 M16.3 M17.2 M
NNBR6.4 M20.9 M24.3 M17.2 M8.2 M(7.4 M)7.9 M163.1 M(264.5 M)(46.7 M)(100.6 M)(13.2 M)(14.3 M)
PLOW1.7 M19 MM11.6 M40 M44.2 M39 M55.3 M43.9 M49.2 M(86.6 M)30.7 M28.4 M

3M Company and related stocks such as Allison Transmission, Commercial Vehicle, LB Foster, Greenbrier Companies, Griffon, Miller Industries, NN Inc, and Douglas Dynamics Net Income description

Net income is one of the most important fundamental items in finance. It plays a large role in 3M Company financial statement analysis. It represents the amount of money remaining after all of 3M Company operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. The portion of profit or loss for the period; net of income taxes; which is attributable to the parent after the deduction of Net Income to Non Controlling Interests from Consolidated Income; and before the deduction of Preferred Dividends.

3M Competitive Analysis

The better you understand 3M competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, 3M's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across 3M's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
MMMALSNCVGIFSTRGBXGFFMLRNNBRPLOW
 0.79 
 126.99 
3M
 0.0446 
 44.82 
Allison
 2.23 
 7.32 
Commercial
 0.85 
 9.32 
LB Foster
 1.95 
 37.70 
Greenbrier
 1.55 
 36.04 
Griffon
 2.01 
 27.92 
Miller
 4.81 
 1.78 
NN
 0.23 
 39.11 
Douglas
Market Volatility
(90 Days Market Risk)
Market Performance
(90 Days Performance)
Odds of Financial Distress
(Probability Of Bankruptcy)
Current Valuation
(Equity Enterprise Value)
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Number of Shares Shorted
Shares Owned by Insiders
Current Ratio
Net Asset
Profit Margin
EBITDA
Operating Margin
Current Valuation
Cash Flow from Operations
Retained Earnings
Current Asset
Five Year Return
Beta
Price to Book
Shares Outstanding
Annual Yield
Total Debt
Return On Equity
Price to Earning
Z Score
Shares Owned by Institutions
Return On Asset
Book Value Per Share
Cash and Equivalents
Price to Earnings To Growth
Current Liabilities
Total Asset
Short Ratio
Target Price
Last Dividend Paid
Price to Sales
Market Capitalization
Cash per Share
Net Income
Earnings Per Share
Debt to Equity
Revenue
Working Capital
Gross Profit
Day Typical Price
Accumulation Distribution
Market Facilitation Index
Daily Balance Of Power
Rate Of Daily Change
Day Median Price
Price Action Indicator
Coefficient Of Variation
Mean Deviation
Jensen Alpha
Total Risk Alpha
Sortino Ratio
Downside Variance
Standard Deviation
Kurtosis
Potential Upside
Treynor Ratio
Maximum Drawdown
Variance
Market Risk Adjusted Performance
Risk Adjusted Performance
Skewness
Semi Deviation
Information Ratio
Value At Risk
Expected Short fall
Downside Deviation
Semi Variance

3M Competition Performance Charts

Complement your 3M position

In addition to having 3M in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Semiconductor Thematic Idea Now

Semiconductor
Semiconductor Theme
Companies involved in production of semiconductor and semiconductor materials. The Semiconductor theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Semiconductor Theme or any other thematic opportunities.
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Additionally, see 3M Correlation with its peers. You can also try Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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When running 3M Company 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 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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Is 3M's industry 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 YOY
1.76
Market Capitalization
70.2 B
Quarterly Revenue Growth YOY
(0.036) 
Return On Assets
0.0674
Return On Equity
0.46
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 3M value 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.
MMM
 Stock
  

USD 126.99  1.00  0.79%   

3M Company competes with Allison Transmission, Commercial Vehicle, LB Foster, Greenbrier Companies, and Griffon; as well as few others. The company runs under Industrial Conglomerates sector within Industrials industry. Analyzing 3M competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of 3M to its intrinsic valuation because they are able to contrast its competitors on a relative basis.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of 3M competition on your existing holdings. Additionally, see 3M Correlation with its peers.
  
3M Return on Investment is relatively stable at the moment as compared to the past year. The company's current value of Return on Investment is estimated at 28.39. Return on Average Assets is expected to hike to 14.55 this year, although the value of Return on Average Equity will most likely fall to 38.36. 3M Tangible Asset Value is relatively stable at the moment as compared to the past year. The company's current Tangible Asset Value is estimated at 28.9 Billion.