3M Company Valuation – February 2016 Update $MMM
3M Company qualifies for the Enterprising Investor but not the more conservative Defensive Investor. The Defensive Investor is concerned with the low current ratio, and the high PEmg and PB ratios. The Enterprising Investor is only initially concerned by the level of debt relative to the net current assets.
3M Company Quarterly Valuation – November 2014 $MMM
3M Company is not a great opportunity for Defensive Investors, as the company has a low current ratio and high PEmg and PB ratios. However, the less conservative Enterprising Investor has no initial concerns and is willing to proceed to the next part of the analysis, which is a determination of the company’s intrinsic value.