This week, Zacks Equity Strategist Mayur Thaker, CFA discusses:

• 3M Company (MMM), an iconic American company and member of the Zacks Earnings Certain Portfolio (ECP). Last summer, Mayur discussed why this company was a good value for investors, despite a pair of lawsuit settlements totaling more than $18 billion (previous video linked below). This week, he looks at some of the positive company metrics that he believes make 3M an outstanding value opportunity.

• While P/E multiples for S&P 500 and NASDAQ companies are often more than 20x, Mayur points out that, with a P/E hovering around 10, 3M’s multiple is usually only found in a dying company. However, that is not the case with 3M, and in this video he highlights why this is a vibrant and growing enterprise.

• Mayur walks through key metrics that underline the true value of the company, including Free Cash Flow per Share, Return on Invested Capital, and others. Also, while the two lawsuits are certainly an issue, he also points out that the planned spin-off of the Healthcare division of the company will unlock more than $10 billion, and offset the lawsuit settlement costs. Don’t miss this fascinating examination of the true value of a classic American brand.