3M Co (MMM) Files 10-K for the Fiscal Year Ended on December 31, 2018
- By insider
3M Co (MMM) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. 3M Co is a diversified technology company. It manufactures a diverse array of industrial and consumer products. Its business segments are Industrial, Safety and Graphics, Health Care, Electronics and Energy, and Consumer. 3M Co has a market cap of $115.22 billion; its shares were traded at around $199.84 with a P/E ratio of 22.44 and P/S ratio of 3.67. The dividend yield of 3M Co stocks is 2.73%. 3M Co had annual average EBITDA growth of 4.70% over the past ten years. GuruFocus rated 3M Co the business predictability rank of 2.5-star.
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The intrinsic value of MMM
For the last quarter 3M Co reported a revenue of $7.9 billion, compared with the revenue of $8 billion during the same period a year ago. For the latest fiscal year the company reported a revenue of $32.8 billion, an increase of 3.5% from last year. For the last five years 3M Co had an average revenue growth rate of 0.8% a year.
The reported diluted earnings per share was $8.89 for the year, an increase of 12.1% from previous year. Over the last five years 3M Co had an EPS growth rate of 4.8% a year. The 3M Co had a decent operating margin of 20.33%, compared with the operating margin of 22.85% a year before. The 10-year historical median operating margin of 3M Co is 21.94%. The profitability rank of the company is 7 (out of 10).
At the end of the fiscal year, 3M Co has the cash and cash equivalents of $2.9 billion, compared with $3.1 billion in the previous year. The long term debt was $13.4 billion, compared with $12.2 billion in the previous year. 3M Co has a financial strength rank of 6 (out of 10).
At the current stock price of $199.84, 3M Co is traded at 36% premium to its historical median P/S valuation band of $146.95. The P/S ratio of the stock is 3.67, while the historical median P/S ratio is 2.70. The intrinsic value of the stock is $105.45 a share, according to GuruFocus DCF Calculator. The stock lost 10.97% during the past 12 months.
Directors and Officers Recent Trades:
Exec Chairman Inge G Thulin sold 13,290 shares of MMM stock on 01/31/2019 at the average price of $200.03. The price of the stock has decreased by 0.09% since.
Exec Chairman Inge G Thulin sold 13,499 shares of MMM stock on 01/30/2019 at the average price of $200. The price of the stock has decreased by 0.08% since.
For the complete 20-year historical financial data of MMM, click here.
This article first appeared on GuruFocus.
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The intrinsic value of MMM
