MMM
3M Company
Industrial/Transportation
03/15/2013
Presented
| Date | 03/12/2013 |
| Price | $105.81 |
| Market Cap | $73.00B |
| Ent Value | $75.01B |
| P/E Ratio | 21.92x |
| Book Value | $20.64 |
| Div Yield | 2.4% |
| Shares O/S | 689.99M |
| Ave Daily Vol | 27,800,000 |
| Short Int | 1.38% |
Current
| Price | $135.73 |
| Market Cap | $74.56B |
| 3M Company operates as a diversified technology company worldwide. Its Industrial segment offers tapes; coated, non-woven, and bonded abrasives; adhesives; ceramics; sealants; specialty materials; filtration products; closure systems for personal hygiene products; acoustic systems products; automotive components; abrasion-resistant films; structural adhesives; and paint finishing and detailing products. The companys Safety and Graphics segment provides personal protection products; traffic safety and security products; commercial graphics systems; commercial cleaning and protection products; floor matting; and roofing granules. Its Electronics and Energy segment offers optical films; packaging and interconnection devices; insulating and splicing solutions for the electronics, telecommunications, and electrical industries; touch screens and monitors; renewable energy component solutions; and infrastructure protection products. The companys Health Care segment provides medical and surgical supplies; skin health and infection prevention products; drug delivery and health information systems; and dental, orthodontic, and food safety products. Its Consumer segment offers sponges, scouring pads, cloths, consumer and office tapes, repositionable notes, indexing systems, construction and home improvement products, home care products, protective materials, and consumer and office tapes and adhesives. The company serves automotive, electronics and energy, appliance, paper and printing, packaging, food and beverage, construction, clinics and hospitals, pharmaceuticals, dental and orthodontic practitioners, health information systems, food manufacturing and testing, consumer and office retail, office business to business, home improvement, drug and pharmacy retail, and other markets. It sells its products through wholesalers, retailers, jobbers, distributors, and dealers, as well as directly to users. 3M Company was founded in 1902 and is headquartered in St. Paul, Minnesota. |
Highlights
The presenter noted the difficulty he has had finding shorts and believes MMM is an interesting candidate as the company is fully valued (trading at 15x), and displays no signs of generating organic revenue growth near-term.
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