Financial Survey: PMGC (NASDAQ:ELAB) & 3M (NYSE:MMM)

3M (NYSE:MMM) and PMGC (NASDAQ:ELAB) are both multi-sector conglomerates companies, but which is the better stock? We will compare the two businesses based on the strength of their risk, valuation, earnings, profitability, dividends, analyst recommendations and institutional ownership.

Insider & Institutional Ownership

65.3% of 3M shares are held by institutional investors. Comparatively, 22.2% of PMGC shares are held by institutional investors. 0.3% of 3M shares are held by company insiders. Comparatively, 0.1% of PMGC shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Valuation and Earnings

This table compares 3M and PMGC”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
3M	$24.58 billion	3.70	$4.17 billion	$6.26	27.31
PMGC	$1.71 million	1.08	-$6.25 million	($66.84)	-0.06

3M has higher revenue and earnings than PMGC. PMGC is trading at a lower price-to-earnings ratio than 3M, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares 3M and PMGC’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
3M	13.70%	98.47%	11.05%
PMGC	N/A	-80.35%	-61.56%

Analyst Recommendations

This is a summary of current recommendations and price targets for 3M and PMGC, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
3M	1	4	6	0	2.45
PMGC	1	0	0	0	1.00

3M currently has a consensus price target of $175.80, indicating a potential upside of 2.84%. Given 3M’s stronger consensus rating and higher possible upside, research analysts plainly believe 3M is more favorable than PMGC.

Volatility & Risk

3M has a beta of 1.09, indicating that its stock price is 9% more volatile than the S&P 500. Comparatively, PMGC has a beta of 0.67, indicating that its stock price is 33% less volatile than the S&P 500.

Summary

3M beats PMGC on 14 of the 14 factors compared between the two stocks.

About 3M

3M Company provides diversified technology services in the United States and internationally. The company’s Safety and Industrial segment offers industrial abrasives and finishing for metalworking applications; autobody repair solutions; closure systems for personal hygiene products, masking, and packaging materials; electrical products and materials for construction and maintenance, power distribution, and electrical original equipment manufacturers; structural adhesives and tapes; respiratory, hearing, eye, and fall protection solutions; and natural and color-coated mineral granules for shingles. Its Transportation and Electronics segment provides ceramic solutions; attachment/bonding products, films, sound, and temperature management for transportation vehicles; premium large format graphic films for advertising and fleet signage; light management films and electronics assembly solutions; packaging and interconnection solutions; semiconductor production materials; data centers solutions; and reflective signage for highway, and vehicle safety. The company’s Consumer segment provides consumer bandages, braces, supports, and consumer respirators; home cleaning products; retail abrasives, paint accessories, car care DIY products, picture hanging, and consumer air quality solutions; and stationery products. It offers its products through e-commerce and traditional wholesalers, retailers, jobbers, distributors, and dealers. 3M Company was founded in 1902 and is headquartered in Saint Paul, Minnesota.

About PMGC

Elevai Labs, Inc., a skincare development company, designs, manufactures, and markets skincare products. Its products include Empower and Enfinity post-skincare procedure care serums for the face, neck, and upper chest regions. The company was formerly known as Reactive Medical Labs Inc. and changed its name to Elevai Labs, Inc. in December 2021. Elevai Labs, Inc. was incorporated in 2020 and is based in Newport Beach, California.