3M Company
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3M Company Financial Snapshot
Operating Performance
Fast Facts
3M Center, St. Paul, 55144,United States of The company reported revenues of US$26,662.00
Headquarters Address
America million during 2010, with a CAGR of 3.85% during
2006–2010. Its revenue grew at an annual rate of
Telephone + 1 651 7331110
15.31% over the previous fiscal year. In 2010, the
company recorded an operating margin of 22.20%, as
Fax + 1 651 7339973 against 20.82% in 2009.
Website www.3m.com
Revenue and Margins
Ticker Symbol, Stock Exchange MMM, New York Stock Exchange
Number of Employees 74,835
Fiscal Year End December
Revenue (in US$ million) 26,662.00
SWOT Analysis
Strengths Weaknesses Return on Equity
Improving Liquidity Position Decline in Revenue The company recorded a return on equity (ROE) of
26.08% for 2010, as compared to its peers, Baxter
Respirator Mask and Asbestos International Inc. (Ticker: BAX), DENTSPLY
Improving Operating Margin International Inc. (Ticker: XRAY) and Nobel Biocare
Litigation
Holding AG (Ticker: NOBN), which recorded ROEs of
Strengthening Solvency Position 21.62%, 14.45% and 14.27% respectively. The
company reported an operating margin of 22.20% in
2010.
Opportunities Threats
Increasing demand for LCD TV and Return on Equity
Environmental Regulations
Laptops
Positive Outlook of Automotive Industry Negative Construction Outlook for US
Remodeling Business In the US Rising Labor Cost
Liquidity Position
The company reported a current ratio of 2.01 in 2010,
as compared to its peers, Baxter International Inc.,
DENTSPLY International Inc. and Nobel Biocare
Holding AG, which recorded current ratios of 1.98,
3.65 and 1.03 respectively. As of December 2010, the
company recorded cash and short-term investments
of worth US$4,478.00 million, against zero current
debt. The company reported a debt to equity ratio of
0.35 in 2010 as compared to its peers, Baxter
International Inc., DENTSPLY International Inc. and
Nobel Biocare Holding AG, which recorded debt to
equity ratios of 0.67, 0.33 and 0.79 respectively.
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3M Company - SWOT Profile Page 1
3M Company
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TABLE OF CONTENTS
1 Business Analysis ................................................................................................................................... 5
1.1 Company Overview ................................................................................................................................................5
1.2 Business Description ..............................................................................................................................................5
1.3 Major Products and Services .................................................................................................................................6
2 Analysis of Key Performance Indicators ............................................................................................... 9
2.1 Five Year Snapshot: Overview of Financial and Operational Performance Indicators ..........................................9
2.2 Key Financial Performance Indicators .................................................................................................................12
2.2.1 Revenue and Operating Profit .........................................................................................................................12
2.2.2 Asset, Liabilities and Capex .............................................................................................................................13
2.2.3 Net Debt vs. Gearing Ratio ..............................................................................................................................14
2.2.4 Operational Efficiency ......................................................................................................................................15
2.2.5 Solvency ..........................................................................................................................................................16
2.2.6 Valuation ..........................................................................................................................................................17
2.3 Competitive Benchmarking ..................................................................................................................................18
2.3.1 Market Capitalization .......................................................................................................................................18
2.3.2 Efficiency ..........................................................................................................................................................19
2.3.3 Capital Expenditure..........................................................................................................................................20
2.3.4 Valuation ..........................................................................................................................................................21
2.3.5 Turnover – Inventory and Asset .......................................................................................................................22
2.3.6 Liquidity ............................................................................................................................................................23
3 Mergers & Acquisitions and Partnerships ........................................................................................... 24
3.1 M&A and Partnerships Strategy ...........................................................................................................................24
4 Recent Developments ...................................................................................