Analyzing Paranovus Entertainment Technology (NASDAQ:PAVS) & 3M (NYSE:MMM)

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

Analyst Ratings

This is a breakdown of recent ratings for Paranovus Entertainment Technology and 3M, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Paranovus Entertainment Technology	0	0	0	0	0.00
3M	2	2	7	0	2.45

3M has a consensus price target of $158.10, suggesting a potential upside of 1.81%. Given 3M’s stronger consensus rating and higher possible upside, analysts plainly believe 3M is more favorable than Paranovus Entertainment Technology.

Institutional and Insider Ownership

0.2% of Paranovus Entertainment Technology shares are owned by institutional investors. Comparatively, 65.3% of 3M shares are owned by institutional investors. 15.6% of Paranovus Entertainment Technology shares are owned by insiders. Comparatively, 0.3% of 3M shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Volatility and Risk

Paranovus Entertainment Technology has a beta of -0.36, meaning that its stock price is 136% less volatile than the S&P 500. Comparatively, 3M has a beta of 1.04, meaning that its stock price is 4% more volatile than the S&P 500.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Paranovus Entertainment Technology	N/A	N/A	N/A
3M	16.01%	96.48%	10.62%

Valuation & Earnings

This table compares Paranovus Entertainment Technology and 3M”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Paranovus Entertainment Technology	$71,542.00	84.69	-$7.89 million	N/A	N/A
3M	$24.60 billion	3.36	$4.17 billion	$7.19	21.60

3M has higher revenue and earnings than Paranovus Entertainment Technology.

Summary

3M beats Paranovus Entertainment Technology on 10 of the 12 factors compared between the two stocks.

About Paranovus Entertainment Technology

Paranovus Entertainment Technology Ltd. engages in the research, development, manufacture, and sale of nutraceutical and dietary supplement products in the People's Republic of China and internationally. The company's product category includes lucidum spore powders, cordyceps mycelia, Ejiao products, American ginseng products, other traditional Chinese herbal and animal extracts, vitamins, minerals, and amino acids. It also offers product marketing and e-commerce agency operation services under the Happy Buy platform to small and middle size businesses; and e-commerce solutions, internet information, and advertising services to the online stores or manufactures. In addition, the company provides secure transaction environment, automobile procurement, and financial services for automobile manufacturers under the Taochejun automobile sales platform. It sells its products through distributors, large-scale chain drugstores, malls, and supermarkets under the Happiness brand. The company was formerly known as Happiness Development Group Limited and changed its name to Paranovus Entertainment Technology Ltd. in March 2023. The company was founded in 2004 and is headquartered in Nanping, the People's Republic of China.

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.