Invest Well in 3M Stock: Products, Dividend, Financial Statements, and More
2024-04-07 updated
When making long-term investments to ensure stability through diversified investments, it is recommended to prioritize ETFs that include 3M stocks. However, there might still be individuals who wish to invest directly in 3M stocks. Shall we also explore a value investing approach to assess whether 3M's performance will grow in the long term?
Q. What products and services does 3M provide?
3M is a company that focuses on innovation and research, and provides valuable products to customers in various industries through continuous research and development.
- Scotch Tape: 3M conducts research and development of adhesives and tapes used in various fields such as automotive, electronics, medical devices, construction, and more.
- Post-it: 3M conducts research and development of adhesive notes used in a variety of places, from offices to everyday life.
- Safety Equipment: 3M conducts research and development of safety gear such as fire-resistant clothing, respiratory protection equipment, and safety glasses.
- Medical Devices: 3M conducts research and development of medical products such as medical tape, dressings, surgical masks, and more.
Q. What is 3M's competitive advantage?
- Innovation: 3M has invested heavily in innovation and research and development for a long time and has developed new products and technologies.
- Sustainability: 3M manages its products and operations with consideration for environmental responsibility and social accountability. It conserves resources and designs solutions that can advance the global circular economy. It strives for decarbonization, accelerates global climate solutions, and innovates for the improvement of our living environment. 3M conducts scientific research to create a positive world and make an impact on people's lives.
Q. Is 3M's executive CEO honest and competent?
Mike Roman is the CEO of 3M.
- He became CEO of 3M in 2018.
- He was appointed chief operating officer of 3M in 2017.
- He joined 3M in 1988 and spent his entire career at the company.
- He received a master’s degree in electrical engineering from the University of Southern California in 1987.
- He received a bachelor’s degree in electrical and computer engineering from the University of Minnesota in 1982.
Q. What mission does 3M have for its work?
- Business: 3M researches and develops technology that promotes the advancement of all businesses.
- Home: 3M researches and develops products that enrich the lives of every household.
- Humanity: 3M researches and develops innovations that enhance the lives of all humanity.
- Sustainability: 3M is committed to actively contributing to sustainable development through environmental protection, social responsibility and economic progress.
Q. Is 3M's financial statements healthy?
(2024년 04월 06일 기준)
Dividend
- 3M offers a 6.64% annual dividend.
- Over the past 5 years, the annual average dividend has grown by 0.95%.
- Dividends are growing, which is good.
Share Buyback
- Apple recently repurchased its own shares equivalent to 0.07% of the stock price in the past year.
Q. What is 3M's stock performance like?
- This year's total return is -5.68%.
- 5-year mean total return is -11.88%.
Q. When is a good time to buy and sell 3M?
If 3M is healthy and growing, it will rise in the long run, so it is good to buy in installments even if you think the current stock price is a bit high. On the other hand, if you think that 3M is no longer healthy in the long run, you can consider selling.
PER
- Current: -7.21
- 5Y Avg: 5.36
- Current value is lower than the average, so it may be time to consider buying. However, this strategy is only recommended if you are convinced that the company will continue to be healthy and grow in the long term.
Price/Sale Ratio
- Current: 1.54
- 5Y Avg: 2.31
- Current value is lower than average so it may be time to consider buying. However, this strategy is only recommended if you are convinced that the company will continue to be healthy and grow in the long term.
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Value Investing Together is a blog and application that provides stock information for individuals interested in value investing and is not intended for investment recommendations. The information provided should only be used for reference purposes, and investment decisions should be made at one's own discretion and responsibility.