3M Z Score
MMM  Stock  USD 152.24 2.58 1.72% 
3M  Z Score 
3M Z Score Analysis
3M's ZScore is a simple linear, multifactor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..Current 3M Z Score  4.8 
Most of 3M's fundamental indicators, such as Z Score, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, 3M Company is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
 
 
 
 

3M Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for 3M is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since 3M's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of 3M's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of 3M's interrelated accounts and indicators.
Click cells to compare fundamentals
To calculate ZScore one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. ZScore can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with ZScores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a socalled 'grey area' with scores of less than 1, indicating the high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
Compare to competition 
Based on the company's disclosures, 3M Company has a Z Score of 4.8. This is 17.94% higher than that of the Industrials sector and notably higher than that of the Conglomerates industry. The z score for all United States stocks is 44.95% higher than that of the company.
3M Current Valuation Drivers
We derive many important indicators used in calculating different scores of 3M from analyzing 3M's financial statements. These drivers represent accounts that assess 3M's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of 3M's important valuation drivers and their relationship over time.
2017  2018  2019  2020  2021  2022 (projected)  
Net Income Per Employee  53.07 K  57.2 K  47.52 K  56.52 K  62.33 K  55.46 K  
Revenue Per Employee  345.84 K  350.37 K  334.18 K  337.85 K  372.16 K  340.93 K  
Average Assets  35.12 B  37.28 B  41.33 B  46.01 B  47.71 B  46.41 B  
Earnings Before Interest Taxes and Depreciation Amortization EBITDA  9.08 B  8.47 B  7.22 B  8.7 B  9.12 B  9.59 B  
Earnings Before Interest Taxes and Depreciation Amortization USD  9.08 B  8.47 B  7.22 B  8.7 B  9.12 B  9.59 B  
Earnings before Tax  7.54 B  6.99 B  5.63 B  6.79 B  7.21 B  7.67 B  
Average Equity  11.57 B  10.35 B  10.14 B  11.44 B  14.43 B  13.31 B  
Enterprise Value  149.02 B  122.61 B  113.98 B  117.16 B  116.49 B  123.17 B  
Free Cash Flow  4.92 B  5.12 B  5.49 B  6.74 B  5.9 B  6.04 B  
Invested Capital  27.75 B  28.32 B  34.43 B  34.78 B  32.92 B  32.55 B  
Invested Capital Average  26.18 B  28.02 B  33.25 B  35.53 B  33.64 B  32.88 B  
Market Capitalization  140.19 B  110.95 B  101.45 B  100.82 B  102.36 B  110.57 B  
Tangible Asset Value  24.54 B  23.79 B  24.84 B  27.71 B  28.3 B  28.9 B  
Working Capital  6.59 B  6.46 B  3.75 B  7.03 B  6.37 B  5.85 B 
3M ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower socialengagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, 3M's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to 3M's managers, analysts, and investors.Environment Score  Governance Score  Social Score 
3M Fundamentals
Return On Equity  29.38 %  
Return On Asset  8.93 %  
Profit Margin  11.83 %  
Operating Margin  24.56 %  
Current Valuation  95.88 B  
Shares Outstanding  576.25 M  
Shares Owned by Insiders  0.09 %  
Shares Owned by Institutions  67.58 %  
Number of Shares Shorted  7.77 M  
Price to Earning  14.62 X  
Price to Book  5.89 X  
Price to Sales  2.43 X  
Revenue  35.09 B  
Gross Profit  16.58 B  
EBITDA  8.62 B  
Net Income  4.15 B  
Cash and Equivalents  2.98 B  
Cash per Share  5.24 X  
Total Debt  17.2 B  
Debt to Equity  1.24 %  
Current Ratio  1.47 X  
Book Value Per Share  25.09 X  
Cash Flow from Operations  6.02 B  
Short Ratio  2.44 X  
Earnings Per Share  10.11 X  
Price to Earnings To Growth  33.70 X  
Number of Employees  95 K  
Beta  0.95  
Market Capitalization  85.19 B  
Total Asset  32.72 B  
Retained Earnings  41.73 B  
Working Capital  3.87 B  
Current Asset  10.99 B  
Current Liabilities  7.12 B  
Z Score  4.8  
Five Year Return  3.15 %  
Last Dividend Paid  5.96 
About 3M Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze 3M Company's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of 3M using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of 3M Company based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.3M Company operates as a diversified technology company worldwide. It offers its products through ecommerce and traditional wholesalers, retailers, jobbers, distributors, and dealers. 3M operates under Conglomerates classification in the United States and is traded on New York Stock Exchange. It employs 95000 people.
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Our tools can tell you how much better you can do entering a position in 3M without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.riskadjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as 3M Company using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
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Additionally, see 3M Piotroski F Score and 3M Valuation analysis. Note that the 3M Company information on this page should be used as a complementary analysis to other 3M's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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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 0.95  Market Capitalization 85.2 B  Quarterly Revenue Growth YOY 0.028  Return On Assets 0.0893  Return On Equity 0.29 
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.