FORTUNE BRANDS INNOVATIONS I (FBIN)
US34964C1062 - Common Stock
FBIN gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 39 industry peers in the Building Products industry. FBIN has an excellent profitability rating, 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.
In the past year FBIN had a positive cash flow from operations.
In the past 5 years FBIN has always been profitable.
In the past 5 years FBIN always reported a positive cash flow from operatings.
1.2 Ratios
FBIN's Return On Assets of 6.79% is in line compared to the rest of the industry. FBIN outperforms 43.59% of its industry peers.
Looking at the Return On Equity, with a value of 18.71%, FBIN is in the better half of the industry, outperforming 61.54% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 12.04%, FBIN is in line with its industry, outperforming 56.41% of the companies in the same industry.
FBIN had an Average Return On Invested Capital over the past 3 years of 11.79%. This is in line with the industry average of 13.33%.
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 has a Profit Margin of 9.61%. This is comparable to the rest of the industry: FBIN outperforms 56.41% of its industry peers.
In the last couple of years the Profit Margin of FBIN has grown nicely.
The Operating Margin of FBIN (16.42%) is comparable to the rest of the industry.
In the last couple of years the Operating Margin of FBIN has grown nicely.
FBIN's Gross Margin of 44.47% is amongst the best of the industry. FBIN outperforms 89.74% 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so FBIN is still creating some value.
The number of shares outstanding for FBIN has been reduced compared to 1 year ago.
The number of shares outstanding for FBIN has been reduced compared to 5 years ago.
Compared to 1 year ago, FBIN has an improved debt to assets ratio.
2.2 Solvency
FBIN has an Altman-Z score of 3.03. This indicates that FBIN is financially healthy and has little risk of bankruptcy at the moment.
FBIN has a Altman-Z score of 3.03. This is in the lower half of the industry: FBIN underperforms 61.54% 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 76.92% of its industry peers.
A Debt/Equity ratio of 0.95 indicates that FBIN is somewhat dependend on debt financing.
FBIN has a worse Debt to Equity ratio (0.95) than 82.05% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.95 | ||
| Debt/FCF | 6.91 | ||
| Altman-Z | 3.03 |
ROIC/WACC1.21
WACC9.98%
2.3 Liquidity
FBIN has a Current Ratio of 1.32. This is a normal value and indicates that FBIN is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.32, FBIN is doing worse than 84.62% of the companies in the same industry.
FBIN has a Quick Ratio of 1.32. This is a bad value and indicates that FBIN is not financially healthy enough and could expect problems in meeting its short term obligations.
FBIN has a Quick ratio of 0.69. This is amonst the worse of the industry: FBIN underperforms 89.74% 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%.
Measured over the past 5 years, FBIN shows a small growth in Earnings Per Share. The EPS has been growing by 3.09% on average per year.
The Revenue has been growing slightly by 1.51% in the past year.
The Revenue has been decreasing by -3.35% on average over the past years.
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
FBIN is valuated correctly with a Price/Earnings ratio of 16.99.
Compared to the rest of the industry, the Price/Earnings ratio of FBIN indicates a somewhat cheap valuation: FBIN is cheaper than 61.54% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of FBIN to the average of the S&P500 Index (27.73), we can say FBIN is valued slightly cheaper.
A Price/Forward Earnings ratio of 15.11 indicates a correct valuation of FBIN.
71.79% of the companies in the same industry are more expensive than FBIN, based on the Price/Forward Earnings ratio.
FBIN's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.99 | ||
| Fwd PE | 15.11 |
4.2 Price Multiples
FBIN's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. FBIN is cheaper than 61.54% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of FBIN is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.54 | ||
| EV/EBITDA | 11.42 |
4.3 Compensation for Growth
FBIN's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
FBIN has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.72
PEG (5Y)5.5
EPS Next 2Y8.72%
EPS Next 3Y10.07%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.46%, FBIN has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 1.05, FBIN pays a better dividend. On top of this FBIN pays more dividend than 87.18% of the companies listed in the same industry.
FBIN's Dividend Yield is slightly below the S&P500 average, which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.46% |
5.2 History
The dividend of FBIN has a limited annual growth rate of 3.11%.
FBIN has paid a dividend for at least 10 years, which is a reliable track record.
FBIN has decreased its dividend recently.
Dividend Growth(5Y)3.11%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
FBIN pays out 26.55% of its income as dividend. This is a 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 (12/20/2024, 8:08:36 PM)
After market: 69.67 0 (0%)69.67
+1.11 (+1.62%)
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-0.93%
Market Cap8.66B
Analysts71.2
Price Target92.61 (32.93%)
Short Float %2.04%
Short Ratio2.26
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.46% |
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)1.21%
PT rev (3m)5.66%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-6.36%
EPS NY rev (1m)-0.94%
EPS NY rev (3m)-1.92%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-3.7%
Revenue NY rev (1m)-1.1%
Revenue NY rev (3m)-2.79%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.99 | ||
| Fwd PE | 15.11 | ||
| P/S | 1.85 | ||
| P/FCF | 21.54 | ||
| P/OCF | 14.06 | ||
| P/B | 3.61 | ||
| P/tB | N/A | ||
| EV/EBITDA | 11.42 |
EPS(TTM)4.1
EY5.88%
EPS(NY)4.61
Fwd EY6.62%
FCF(TTM)3.23
FCFY4.64%
OCF(TTM)4.96
OCFY7.11%
SpS37.56
BVpS19.29
TBVpS-7.51
PEG (NY)1.72
PEG (5Y)5.5
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 | 3.03 |
F-Score8
WACC9.98%
ROIC/WACC1.21
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 Year30.57%
EBIT Next 3Y13.91%
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%