FORTUNE BRANDS INNOVATIONS I (FBIN) Stock Fundamental Analysis
USA - NYSE:FBIN - US34964C1062 - Common Stock
49.37 USD
-1.31 (-2.58%)
49.37 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to FBIN. FBIN was compared to 41 industry peers in the Building Products industry. While FBIN belongs to the best of the industry regarding profitability, there are concerns on its financial health. FBIN is valued correctly, but it does not seem to be growing.
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
FBIN's Return On Assets of 5.96% is in line compared to the rest of the industry. FBIN outperforms 53.66% of its industry peers.
FBIN has a better Return On Equity (16.81%) than 65.85% of its industry peers.
FBIN has a Return On Invested Capital (10.19%) which is in line with its industry peers.
FBIN had an Average Return On Invested Capital over the past 3 years of 12.06%. This is in line with the industry average of 12.50%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.96% | ||
| ROE | 16.81% | ||
| ROIC | 10.19% |
ROA(3y)8.19%
ROA(5y)8.36%
ROE(3y)23.34%
ROE(5y)23.03%
ROIC(3y)12.06%
ROIC(5y)10.94%
1.3 Margins
FBIN has a Profit Margin of 8.75%. This is comparable to the rest of the industry: FBIN outperforms 56.10% of its industry peers.
In the last couple of years the Profit Margin of FBIN has grown nicely.
The Operating Margin of FBIN (16.19%) is better than 60.98% of its industry peers.
FBIN's Operating Margin has improved in the last couple of years.
The Gross Margin of FBIN (45.50%) is better than 95.12% of its industry peers.
In the last couple of years the Gross Margin of FBIN has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.19% | ||
| PM (TTM) | 8.75% | ||
| GM | 45.5% |
OM growth 3Y-0.5%
OM growth 5Y5.04%
PM growth 3Y-13.98%
PM growth 5Y6.45%
GM growth 3Y3.54%
GM growth 5Y4.93%
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
The number of shares outstanding for FBIN has been reduced compared to 5 years ago.
The debt/assets ratio for FBIN has remained at the same level compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.72 indicates that FBIN is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of FBIN (2.72) is worse than 65.85% of its industry peers.
The Debt to FCF ratio of FBIN is 7.14, which is on the high side as it means it would take FBIN, 7.14 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 7.14, FBIN is doing worse than 65.85% of the companies in the same industry.
A Debt/Equity ratio of 1.20 is on the high side and indicates that FBIN has dependencies on debt financing.
FBIN has a Debt to Equity ratio of 1.20. This is amonst the worse of the industry: FBIN underperforms 85.37% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.2 | ||
| Debt/FCF | 7.14 | ||
| Altman-Z | 2.72 |
ROIC/WACC1.16
WACC8.76%
2.3 Liquidity
A Current Ratio of 1.97 indicates that FBIN should not have too much problems paying its short term obligations.
FBIN has a Current ratio of 1.97. This is comparable to the rest of the industry: FBIN outperforms 56.10% of its industry peers.
A Quick Ratio of 0.98 indicates that FBIN may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.98, FBIN is doing worse than 68.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.97 | ||
| Quick Ratio | 0.98 |
3. Growth
3.1 Past
The earnings per share for FBIN have decreased by -9.02% in the last year.
FBIN shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 2.73% yearly.
FBIN shows a decrease in Revenue. In the last year, the revenue decreased by -0.37%.
The Revenue has been decreasing by -4.38% on average over the past years.
EPS 1Y (TTM)-9.02%
EPS 3Y-10.34%
EPS 5Y2.73%
EPS Q2Q%-6.03%
Revenue 1Y (TTM)-0.37%
Revenue growth 3Y-1.35%
Revenue growth 5Y-4.38%
Sales Q2Q%-0.53%
3.2 Future
The Earnings Per Share is expected to grow by 9.96% on average over the next years. This is quite good.
Based on estimates for the next years, FBIN will show a small growth in Revenue. The Revenue will grow by 4.67% on average per year.
EPS Next Y-7.18%
EPS Next 2Y1.41%
EPS Next 3Y5.34%
EPS Next 5Y9.96%
Revenue Next Year-2.57%
Revenue Next 2Y-0.02%
Revenue Next 3Y1.58%
Revenue Next 5Y4.67%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 13.24, which indicates a correct valuation of FBIN.
Based on the Price/Earnings ratio, FBIN is valued a bit cheaper than the industry average as 75.61% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 25.67. FBIN is valued slightly cheaper when compared to this.
Based on the Price/Forward Earnings ratio of 11.62, the valuation of FBIN can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FBIN indicates a somewhat cheap valuation: FBIN is cheaper than 73.17% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of FBIN to the average of the S&P500 Index (31.86), we can say FBIN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.24 | ||
| Fwd PE | 11.62 |
4.2 Price Multiples
65.85% of the companies in the same industry are more expensive than FBIN, based on the Enterprise Value to EBITDA ratio.
75.61% of the companies in the same industry are more expensive than FBIN, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.05 | ||
| EV/EBITDA | 9.23 |
4.3 Compensation for Growth
FBIN has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)4.85
EPS Next 2Y1.41%
EPS Next 3Y5.34%
5. Dividend
5.1 Amount
FBIN has a Yearly Dividend Yield of 2.03%.
Compared to an average industry Dividend Yield of 1.29, FBIN pays a better dividend. On top of this FBIN pays more dividend than 90.24% of the companies listed in the same industry.
FBIN's Dividend Yield is comparable with the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.03% |
5.2 History
The dividend of FBIN has a limited annual growth rate of 1.74%.
FBIN has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of FBIN decreased recently.
Dividend Growth(5Y)1.74%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
30.50% of the earnings are spent on dividend by FBIN. This is a low number and sustainable payout ratio.
The dividend of FBIN is growing, but earnings are growing more, so the dividend growth is sustainable.
DP30.5%
EPS Next 2Y1.41%
EPS Next 3Y5.34%
49.37
-1.31 (-2.58%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryBuilding Products
Earnings (Last)
Earnings (Next)
Inst Owners94.59%
Inst Owner ChangeN/A
Ins Owners0.43%
Ins Owner Change7.54%
Market Cap5.93B
Revenue(TTM)4.61B
Net Income(TTM)393.40M
Analysts71.11
Price Target65.66 (33%)
Short Float %3.66%
Short Ratio3.12
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.03% |
Yearly Dividend0.96
Dividend Growth(5Y)1.74%
DP30.5%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.21%
Min EPS beat(2)-1.61%
Max EPS beat(2)1.19%
EPS beat(4)1
Avg EPS beat(4)-2.38%
Min EPS beat(4)-8.98%
Max EPS beat(4)1.19%
EPS beat(8)5
Avg EPS beat(8)1.03%
EPS beat(12)9
Avg EPS beat(12)3.29%
EPS beat(16)13
Avg EPS beat(16)3.09%
Revenue beat(2)0
Avg Revenue beat(2)-3.16%
Min Revenue beat(2)-4.96%
Max Revenue beat(2)-1.37%
Revenue beat(4)0
Avg Revenue beat(4)-5.1%
Min Revenue beat(4)-8.6%
Max Revenue beat(4)-1.37%
Revenue beat(8)1
Avg Revenue beat(8)-3.73%
Revenue beat(12)2
Avg Revenue beat(12)-9.18%
Revenue beat(16)3
Avg Revenue beat(16)-21.02%
PT rev (1m)-3.93%
PT rev (3m)-1.18%
EPS NQ rev (1m)-1.07%
EPS NQ rev (3m)-2.74%
EPS NY rev (1m)-0.57%
EPS NY rev (3m)-0.09%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.09%
Revenue NY rev (1m)-0.09%
Revenue NY rev (3m)0.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.24 | ||
| Fwd PE | 11.62 | ||
| P/S | 1.32 | ||
| P/FCF | 15.05 | ||
| P/OCF | 10.9 | ||
| P/B | 2.53 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.23 |
EPS(TTM)3.73
EY7.56%
EPS(NY)4.25
Fwd EY8.6%
FCF(TTM)3.28
FCFY6.64%
OCF(TTM)4.53
OCFY9.17%
SpS37.45
BVpS19.5
TBVpS-7.82
PEG (NY)N/A
PEG (5Y)4.85
Graham Number40.45
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.96% | ||
| ROE | 16.81% | ||
| ROCE | 13.04% | ||
| ROIC | 10.19% | ||
| ROICexc | 10.64% | ||
| ROICexgc | 27.51% | ||
| OM | 16.19% | ||
| PM (TTM) | 8.75% | ||
| GM | 45.5% | ||
| FCFM | 8.76% |
ROA(3y)8.19%
ROA(5y)8.36%
ROE(3y)23.34%
ROE(5y)23.03%
ROIC(3y)12.06%
ROIC(5y)10.94%
ROICexc(3y)13.39%
ROICexc(5y)12.04%
ROICexgc(3y)42.42%
ROICexgc(5y)38.5%
ROCE(3y)15.44%
ROCE(5y)14%
ROICexgc growth 3Y6.46%
ROICexgc growth 5Y-0.42%
ROICexc growth 3Y4.31%
ROICexc growth 5Y0.07%
OM growth 3Y-0.5%
OM growth 5Y5.04%
PM growth 3Y-13.98%
PM growth 5Y6.45%
GM growth 3Y3.54%
GM growth 5Y4.93%
F-Score6
Asset Turnover0.68
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.2 | ||
| Debt/FCF | 7.14 | ||
| Debt/EBITDA | 3.05 | ||
| Cap/Depr | 77.18% | ||
| Cap/Sales | 3.33% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 58.97% | ||
| Profit Quality | 100.1% | ||
| Current Ratio | 1.97 | ||
| Quick Ratio | 0.98 | ||
| Altman-Z | 2.72 |
F-Score6
WACC8.76%
ROIC/WACC1.16
Cap/Depr(3y)126.75%
Cap/Depr(5y)117.11%
Cap/Sales(3y)4.98%
Cap/Sales(5y)4.71%
Profit Quality(3y)114.93%
Profit Quality(5y)105.66%
High Growth Momentum
Growth
EPS 1Y (TTM)-9.02%
EPS 3Y-10.34%
EPS 5Y2.73%
EPS Q2Q%-6.03%
EPS Next Y-7.18%
EPS Next 2Y1.41%
EPS Next 3Y5.34%
EPS Next 5Y9.96%
Revenue 1Y (TTM)-0.37%
Revenue growth 3Y-1.35%
Revenue growth 5Y-4.38%
Sales Q2Q%-0.53%
Revenue Next Year-2.57%
Revenue Next 2Y-0.02%
Revenue Next 3Y1.58%
Revenue Next 5Y4.67%
EBIT growth 1Y-3.5%
EBIT growth 3Y-1.84%
EBIT growth 5Y0.44%
EBIT Next Year16.36%
EBIT Next 3Y9.55%
EBIT Next 5Y9.12%
FCF growth 1Y-49.85%
FCF growth 3Y0%
FCF growth 5Y-1.25%
OCF growth 1Y-47.12%
OCF growth 3Y-1.02%
OCF growth 5Y0.94%
FORTUNE BRANDS INNOVATIONS I / FBIN FAQ
Can you provide the ChartMill fundamental rating for FORTUNE BRANDS INNOVATIONS I?
ChartMill assigns a fundamental rating of 5 / 10 to FBIN.
What is the valuation status of FORTUNE BRANDS INNOVATIONS I (FBIN) stock?
ChartMill assigns a valuation rating of 6 / 10 to FORTUNE BRANDS INNOVATIONS I (FBIN). This can be considered as Fairly Valued.
How profitable is FORTUNE BRANDS INNOVATIONS I (FBIN) stock?
FORTUNE BRANDS INNOVATIONS I (FBIN) has a profitability rating of 7 / 10.
What is the valuation of FORTUNE BRANDS INNOVATIONS I based on its PE and PB ratios?
The Price/Earnings (PE) ratio for FORTUNE BRANDS INNOVATIONS I (FBIN) is 13.24 and the Price/Book (PB) ratio is 2.53.
What is the expected EPS growth for FORTUNE BRANDS INNOVATIONS I (FBIN) stock?
The Earnings per Share (EPS) of FORTUNE BRANDS INNOVATIONS I (FBIN) is expected to decline by -7.18% in the next year.