FORTUNE BRANDS INNOVATIONS I (FBIN) Stock Fundamental Analysis
USA - NYSE:FBIN - US34964C1062 - Common Stock
48.86 USD
-0.52 (-1.05%)
48.86 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. FBIN scores excellent on profitability, but there are concerns on its financial health. FBIN has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
FBIN had positive earnings in the past year.
FBIN had a positive operating cash flow in the past year.
FBIN had positive earnings in each of the past 5 years.
FBIN had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 5.96%, FBIN is in line with its industry, outperforming 51.22% of the companies in the same industry.
FBIN has a better Return On Equity (16.81%) than 63.41% of its industry peers.
FBIN has a better Return On Invested Capital (10.19%) than 60.98% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for FBIN is in line with the industry average of 12.54%.
| 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's Profit Margin of 8.75% is in line compared to the rest of the industry. FBIN outperforms 58.54% of its industry peers.
FBIN's Profit Margin has improved in the last couple of years.
With a decent Operating Margin value of 16.19%, FBIN is doing good in the industry, outperforming 60.98% of the companies in the same industry.
In the last couple of years the Operating Margin of FBIN has grown nicely.
Looking at the Gross Margin, with a value of 45.50%, FBIN belongs to the top of the industry, outperforming 95.12% of the companies in the same industry.
FBIN's Gross Margin has improved in the last couple of years.
| 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.
FBIN has less shares outstanding than it did 1 year ago.
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 2.71 indicates that FBIN is not a great score, but indicates only limited risk for bankruptcy at the moment.
FBIN has a Altman-Z score of 2.71. This is in the lower half of the industry: FBIN underperforms 60.98% 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.
The Debt to FCF ratio of FBIN (7.14) is worse than 60.98% of its industry peers.
FBIN has a Debt/Equity ratio of 1.20. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of FBIN (1.20) is worse than 85.37% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.2 | ||
| Debt/FCF | 7.14 | ||
| Altman-Z | 2.71 |
ROIC/WACC1.11
WACC9.15%
2.3 Liquidity
A Current Ratio of 1.97 indicates that FBIN should not have too much problems paying its short term obligations.
With a Current ratio value of 1.97, FBIN perfoms like the industry average, outperforming 56.10% of the companies in the same industry.
FBIN has a Quick Ratio of 1.97. This is a bad value and indicates that FBIN is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of FBIN (0.98) is worse than 70.73% of its industry peers.
| 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.
The Revenue has decreased by -0.37% in the past year.
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.
The Revenue is expected to grow by 4.67% on average over the next years.
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
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
The Price/Earnings ratio is 13.10, which indicates a correct valuation of FBIN.
Based on the Price/Earnings ratio, FBIN is valued a bit cheaper than 73.17% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.91, FBIN is valued a bit cheaper.
With a Price/Forward Earnings ratio of 11.50, the valuation of FBIN can be described as very reasonable.
75.61% of the companies in the same industry are more expensive than FBIN, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.57, FBIN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.1 | ||
| Fwd PE | 11.5 |
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.
Based on the Price/Free Cash Flow ratio, FBIN is valued a bit cheaper than 78.05% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.89 | ||
| EV/EBITDA | 9.16 |
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)4.8
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 1.33, 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 2.36.
| 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 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)1.74%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
FBIN pays out 30.50% 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.
DP30.5%
EPS Next 2Y1.41%
EPS Next 3Y5.34%
48.86
-0.52 (-1.05%)
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 Cap5.87B
Revenue(TTM)4.61B
Net Income(TTM)393.40M
Analysts71.11
Price Target65.66 (34.38%)
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)-4.59%
EPS NQ rev (1m)-1.07%
EPS NQ rev (3m)-2.42%
EPS NY rev (1m)-1.75%
EPS NY rev (3m)-1.27%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.25%
Revenue NY rev (1m)-0.41%
Revenue NY rev (3m)0.06%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.1 | ||
| Fwd PE | 11.5 | ||
| P/S | 1.3 | ||
| P/FCF | 14.89 | ||
| P/OCF | 10.79 | ||
| P/B | 2.51 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.16 |
EPS(TTM)3.73
EY7.63%
EPS(NY)4.25
Fwd EY8.69%
FCF(TTM)3.28
FCFY6.71%
OCF(TTM)4.53
OCFY9.27%
SpS37.45
BVpS19.5
TBVpS-7.82
PEG (NY)N/A
PEG (5Y)4.8
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 | 2.71 |
F-Score6
WACC9.15%
ROIC/WACC1.11
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 5 / 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 13.1 and the Price/Book (PB) ratio is 2.51.
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.