3M Statistics

Share Statistics

3M has 532.63M shares outstanding. The number of shares has increased by -2.03% in one year.

Shares Outstanding	532.63M
Shares Change (YoY)	-2.03%
Shares Change (QoQ)	-0.21%
Owned by Institutions (%)	70.08%
Shares Floating	532.12M
Failed to Deliver (FTD) Shares	2,452
FTD / Avg. Volume	0.07%

Short Selling Information

The latest short interest is 9.93M, so 1.86% of the outstanding shares have been sold short.

Short Interest	9.93M
Short % of Shares Out	1.86%
Short % of Float	1.87%
Short Ratio (days to cover)	3.08

Valuation Ratios

The PE ratio is 17.04 and the forward PE ratio is 18. 3M's PEG ratio is -0.11.

PE Ratio	17.04
Forward PE	18
PS Ratio	2.89
Forward PS	3.3
PB Ratio	18.51
P/FCF Ratio	111.45
PEG Ratio	-0.11

Financial Ratio History

Enterprise Valuation

3M has an Enterprise Value (EV) of 79.16B.

EV / Sales	3.22
EV / EBITDA	10.96
EV / EBIT	43.52
EV / FCF	124.08

Financial Position

The company has a current ratio of 1.41, with a Debt / Equity ratio of 3.56.

Current Ratio	1.41
Quick Ratio	1.08
Debt / Equity	3.56
Debt / EBITDA	1.89
Debt / FCF	21.41
Interest Coverage	4.17

Financial Efficiency

Return on Equity is 108.62% and Return on Invested Capital is 13.39%.

Return on Equity	108.62%
Return on Assets	10.47%
Return on Invested Capital	13.39%
Revenue Per Employee	$399.59K
Profits Per Employee	$67.85K
Employee Count	61,500
Asset Turnover	0.62
Inventory Turnover	3.92

Taxes

Income Tax	804M
Effective Tax Rate	16.65%

Stock Price Statistics

The stock price has increased by 25.9% in the last 52 weeks. The beta is 1.1, so 3M's price volatility has been higher than the market average.

Beta	1.1
52-Week Price Change	25.9%
50-Day Moving Average	150.04
200-Day Moving Average	142.25
Relative Strength Index (RSI)	54.71
Average Volume (20 Days)	3,432,382

Income Statement

In the last 12 months, 3M had revenue of 24.57B and earned 4.17B in profits. Earnings per share was 7.58.

Revenue	24.57B
Gross Profit	10.08B
Operating Income	4.93B
Net Income	4.17B
EBITDA	7.22B
EBIT	6B
Earnings Per Share (EPS)	7.58

Full Income Statement

Balance Sheet

The company has 5.6B in cash and 13.66B in debt, giving a net cash position of -8.06B.

Cash & Cash Equivalents	5.6B
Total Debt	13.66B
Net Cash	-8.06B
Retained Earnings	36.8B
Total Assets	37.99B
Working Capital	5.62B

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 1.82B and capital expenditures -1.18B, giving a free cash flow of 638M.

Operating Cash Flow	1.82B
Capital Expenditures	-1.18B
Free Cash Flow	638M
FCF Per Share	1.16

Full Cash Flow Statement

Margins

Gross margin is 41.02%, with operating and profit margins of 20.07% and 16.98%.

Gross Margin	41.02%
Operating Margin	20.07%
Pretax Margin	19.65%
Profit Margin	16.98%
EBITDA Margin	29.4%
EBIT Margin	20.07%
FCF Margin	2.6%

Dividends & Yields

MMM pays an annual dividend of $3.56, which amounts to a dividend yield of 1.94%.

Dividend Per Share	$3.56
Dividend Yield	1.94%
Dividend Growth (YoY)	-42.18%
Payout Ratio	49.51%
Earnings Yield	5.87%
FCF Yield	0.9%

Dividend Details

Analyst Forecast

The average price target for MMM is $170, which is 9.5% higher than the current price. The consensus rating is "Buy".

Price Target	$170
Price Target Difference	9.5%
Analyst Consensus	Buy
Analyst Count	10

Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	$37.9
Lynch Upside	-75.6%
Graham Number	34.48
Graham Upside	-77.8%

Stock Splits

The last stock split was on Sep 30, 2003. It was a forward split with a ratio of 2:1.

Last Split Date	Sep 30, 2003
Split Type	forward
Split Ratio	2:1

Scores

Altman Z-Score	4.17
Piotroski F-Score	5

3M (MMM)