FORTUNE BRANDS INNOVATIONS I (FBIN) Stock Fundamental Analysis
NYSE:FBIN - New York Stock Exchange, Inc. - US34964C1062 - Common Stock
We assign a fundamental rating of 5 out of 10 to FBIN. FBIN was compared to 41 industry peers in the Building Products industry. FBIN scores excellent on profitability, but there are concerns on its financial health. FBIN is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year FBIN was profitable.
FBIN had a positive operating cash flow in the past year.
In the past 5 years FBIN has always been profitable.
Each year in the past 5 years FBIN had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 6.79%, FBIN perfoms like the industry average, outperforming 45.00% of the companies in the same industry.
FBIN has a better Return On Equity (18.71%) than 62.50% of its industry peers.
Looking at the Return On Invested Capital, with a value of 12.04%, FBIN is in line with its industry, outperforming 57.50% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for FBIN is in line with the industry average of 13.18%.
The last Return On Invested Capital (12.04%) for FBIN is above the 3 year average (11.79%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.79% | ||
| ROE | 18.71% | ||
| ROIC | 12.04% |
ROA(3y)9.04%
ROA(5y)8.3%
ROE(3y)25.25%
ROE(5y)22.69%
ROIC(3y)11.79%
ROIC(5y)11.13%
1.3 Margins
FBIN's Profit Margin of 9.61% is in line compared to the rest of the industry. FBIN outperforms 57.50% of its industry peers.
In the last couple of years the Profit Margin of FBIN has grown nicely.
FBIN has a Operating Margin (16.42%) which is comparable to the rest of the industry.
FBIN's Operating Margin has improved in the last couple of years.
FBIN's Gross Margin of 44.47% is amongst the best of the industry. FBIN outperforms 90.00% of its industry peers.
FBIN's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.42% | ||
| PM (TTM) | 9.61% | ||
| GM | 44.47% |
OM growth 3Y-2.59%
OM growth 5Y3.8%
PM growth 3Y-16.97%
PM growth 5Y4.24%
GM growth 3Y0.99%
GM growth 5Y3.08%
2. Health
2.1 Basic Checks
FBIN has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, FBIN has less shares outstanding
FBIN has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, FBIN has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.11 indicates that FBIN is not in any danger for bankruptcy at the moment.
FBIN's Altman-Z score of 3.11 is on the low side compared to the rest of the industry. FBIN is outperformed by 62.50% of its industry peers.
FBIN has a debt to FCF ratio of 6.91. This is a slightly negative value and a sign of low solvency as FBIN would need 6.91 years to pay back of all of its debts.
The Debt to FCF ratio of FBIN (6.91) is worse than 80.00% of its industry peers.
A Debt/Equity ratio of 0.95 indicates that FBIN is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.95, FBIN is doing worse than 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.95 | ||
| Debt/FCF | 6.91 | ||
| Altman-Z | 3.11 |
ROIC/WACC1.18
WACC10.22%
2.3 Liquidity
A Current Ratio of 1.32 indicates that FBIN should not have too much problems paying its short term obligations.
FBIN has a Current ratio of 1.32. This is amonst the worse of the industry: FBIN underperforms 85.00% of its industry peers.
A Quick Ratio of 0.69 indicates that FBIN may have some problems paying its short term obligations.
FBIN's Quick ratio of 0.69 is on the low side compared to the rest of the industry. FBIN is outperformed by 90.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.32 | ||
| Quick Ratio | 0.69 |
3. Growth
3.1 Past
FBIN shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -9.09%.
The Earnings Per Share has been growing slightly by 3.09% on average over the past years.
The Revenue has been growing slightly by 1.51% in the past year.
FBIN shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -3.35% yearly.
EPS 1Y (TTM)-9.09%
EPS 3Y-2.36%
EPS 5Y3.09%
EPS Q2Q%-2.52%
Revenue 1Y (TTM)1.51%
Revenue growth 3Y8.51%
Revenue growth 5Y-3.35%
Sales Q2Q%-8.4%
3.2 Future
FBIN is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 10.96% yearly.
FBIN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.64% yearly.
EPS Next Y9.87%
EPS Next 2Y8.72%
EPS Next 3Y10.07%
EPS Next 5Y10.96%
Revenue Next Year-0.02%
Revenue Next 2Y1.45%
Revenue Next 3Y2.85%
Revenue Next 5Y5.64%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 18.14, the valuation of FBIN can be described as rather expensive.
Based on the Price/Earnings ratio, FBIN is valued a bit cheaper than 65.00% of the companies in the same industry.
FBIN is valuated rather cheaply when we compare the Price/Earnings ratio to 28.29, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 16.13, the valuation of FBIN can be described as correct.
FBIN's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. FBIN is cheaper than 67.50% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of FBIN to the average of the S&P500 Index (24.44), we can say FBIN is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.14 | ||
| Fwd PE | 16.13 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FBIN is valued a bit cheaper than the industry average as 62.50% of the companies are valued more expensively.
The rest of the industry has a similar Price/Free Cash Flow ratio as FBIN.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.99 | ||
| EV/EBITDA | 12.02 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates FBIN does not grow enough to justify the current Price/Earnings ratio.
FBIN has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.84
PEG (5Y)5.88
EPS Next 2Y8.72%
EPS Next 3Y10.07%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.34%, FBIN has a reasonable but not impressive dividend return.
FBIN's Dividend Yield is rather good when compared to the industry average which is at 1.05. FBIN pays more dividend than 82.50% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.28, FBIN's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.34% |
5.2 History
The dividend of FBIN has a limited annual growth rate of 3.11%.
FBIN has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of FBIN decreased recently.
Dividend Growth(5Y)3.11%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
26.55% of the earnings are spent on dividend by FBIN. This is a low number and sustainable payout ratio.
FBIN's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP26.55%
EPS Next 2Y8.72%
EPS Next 3Y10.07%
FORTUNE BRANDS INNOVATIONS I
NYSE:FBIN (1/21/2025, 8:04:01 PM)
After market: 74.55 +0.18 (+0.24%)74.37
-0.2 (-0.27%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryBuilding Products
Earnings (Last)
Earnings (Next)
Inst Owners94.79%
Inst Owner ChangeN/A
Ins Owners0.31%
Ins Owner Change-0.91%
Market Cap9.24B
Analysts71.2
Price Target92.07 (23.8%)
Short Float %3.25%
Short Ratio3.39
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.34% |
Yearly Dividend0.92
Dividend Growth(5Y)3.11%
DP26.55%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.57%
Min EPS beat(2)-0.11%
Max EPS beat(2)1.25%
EPS beat(4)3
Avg EPS beat(4)2.73%
Min EPS beat(4)-0.11%
Max EPS beat(4)9.41%
EPS beat(8)7
Avg EPS beat(8)5.83%
EPS beat(12)11
Avg EPS beat(12)4.46%
EPS beat(16)15
Avg EPS beat(16)6.37%
Revenue beat(2)0
Avg Revenue beat(2)-6.79%
Min Revenue beat(2)-8.6%
Max Revenue beat(2)-4.98%
Revenue beat(4)1
Avg Revenue beat(4)-4.12%
Min Revenue beat(4)-8.6%
Max Revenue beat(4)1.06%
Revenue beat(8)2
Avg Revenue beat(8)-6.82%
Revenue beat(12)2
Avg Revenue beat(12)-27.07%
Revenue beat(16)5
Avg Revenue beat(16)-29.21%
PT rev (1m)-0.59%
PT rev (3m)5.04%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-6.36%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.92%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-3.7%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.79%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.14 | ||
| Fwd PE | 16.13 | ||
| P/S | 1.98 | ||
| P/FCF | 22.99 | ||
| P/OCF | 15.01 | ||
| P/B | 3.86 | ||
| P/tB | N/A | ||
| EV/EBITDA | 12.02 |
EPS(TTM)4.1
EY5.51%
EPS(NY)4.61
Fwd EY6.2%
FCF(TTM)3.23
FCFY4.35%
OCF(TTM)4.96
OCFY6.66%
SpS37.56
BVpS19.29
TBVpS-7.51
PEG (NY)1.84
PEG (5Y)5.88
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.79% | ||
| ROE | 18.71% | ||
| ROCE | 15.13% | ||
| ROIC | 12.04% | ||
| ROICexc | 12.92% | ||
| ROICexgc | 43.82% | ||
| OM | 16.42% | ||
| PM (TTM) | 9.61% | ||
| GM | 44.47% | ||
| FCFM | 8.61% |
ROA(3y)9.04%
ROA(5y)8.3%
ROE(3y)25.25%
ROE(5y)22.69%
ROIC(3y)11.79%
ROIC(5y)11.13%
ROICexc(3y)13.12%
ROICexc(5y)12.26%
ROICexgc(3y)40.48%
ROICexgc(5y)39.44%
ROCE(3y)14.8%
ROCE(5y)13.98%
ROICexcg growth 3Y6.56%
ROICexcg growth 5Y-12.38%
ROICexc growth 3Y9.74%
ROICexc growth 5Y-3.06%
OM growth 3Y-2.59%
OM growth 5Y3.8%
PM growth 3Y-16.97%
PM growth 5Y4.24%
GM growth 3Y0.99%
GM growth 5Y3.08%
F-Score8
Asset Turnover0.71
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.95 | ||
| Debt/FCF | 6.91 | ||
| Debt/EBITDA | 2.35 | ||
| Cap/Depr | 104.49% | ||
| Cap/Sales | 4.58% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 63.4% | ||
| Profit Quality | 89.65% | ||
| Current Ratio | 1.32 | ||
| Quick Ratio | 0.69 | ||
| Altman-Z | 3.11 |
F-Score8
WACC10.22%
ROIC/WACC1.18
Cap/Depr(3y)131.22%
Cap/Depr(5y)114.41%
Cap/Sales(3y)5.07%
Cap/Sales(5y)4.33%
Profit Quality(3y)101.89%
Profit Quality(5y)108.95%
High Growth Momentum
Growth
EPS 1Y (TTM)-9.09%
EPS 3Y-2.36%
EPS 5Y3.09%
EPS Q2Q%-2.52%
EPS Next Y9.87%
EPS Next 2Y8.72%
EPS Next 3Y10.07%
EPS Next 5Y10.96%
Revenue 1Y (TTM)1.51%
Revenue growth 3Y8.51%
Revenue growth 5Y-3.35%
Sales Q2Q%-8.4%
Revenue Next Year-0.02%
Revenue Next 2Y1.45%
Revenue Next 3Y2.85%
Revenue Next 5Y5.64%
EBIT growth 1Y9.11%
EBIT growth 3Y5.7%
EBIT growth 5Y0.33%
EBIT Next Year30.51%
EBIT Next 3Y13.84%
EBIT Next 5Y11.48%
FCF growth 1Y48.59%
FCF growth 3Y5.79%
FCF growth 5Y11.98%
OCF growth 1Y12.62%
OCF growth 3Y8.54%
OCF growth 5Y11.82%