H.B. FULLER CO. (FUL) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:FUL - US3596941068 - Common Stock
58.03 USD
+0.48 (+0.83%)
Taking everything into account, FUL scores 4 out of 10 in our fundamental rating. FUL was compared to 82 industry peers in the Chemicals industry. While FUL is still in line with the averages on profitability rating, there are concerns on its financial health. FUL has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
FUL had positive earnings in the past year.
FUL had a positive operating cash flow in the past year.
In the past 5 years FUL has always been profitable.
In the past 5 years FUL always reported a positive cash flow from operatings.
1.2 Ratios
FUL has a better Return On Assets (2.22%) than 64.63% of its industry peers.
FUL's Return On Equity of 5.87% is fine compared to the rest of the industry. FUL outperforms 65.85% of its industry peers.
The Return On Invested Capital of FUL (5.07%) is better than 62.20% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for FUL is in line with the industry average of 6.05%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.22% | ||
| ROE | 5.87% | ||
| ROIC | 5.07% |
ROA(3y)3.25%
ROA(5y)3.32%
ROE(3y)8.86%
ROE(5y)9.13%
ROIC(3y)5.75%
ROIC(5y)5.19%
1.3 Margins
The Profit Margin of FUL (3.28%) is better than 63.41% of its industry peers.
In the last couple of years the Profit Margin of FUL has declined.
FUL has a Operating Margin (10.06%) which is comparable to the rest of the industry.
FUL's Operating Margin has improved in the last couple of years.
FUL has a Gross Margin (30.69%) which is in line with its industry peers.
In the last couple of years the Gross Margin of FUL has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.06% | ||
| PM (TTM) | 3.28% | ||
| GM | 30.69% |
OM growth 3Y10.31%
OM growth 5Y4.56%
PM growth 3Y-9.5%
PM growth 5Y-4.16%
GM growth 3Y5.3%
GM growth 5Y1.51%
2. Health
2.1 Basic Checks
FUL has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for FUL has been increased compared to 1 year ago.
Compared to 5 years ago, FUL has more shares outstanding
FUL has a worse debt/assets ratio than last year.
2.2 Solvency
FUL has an Altman-Z score of 2.18. This is not the best score and indicates that FUL is in the grey zone with still only limited risk for bankruptcy at the moment.
FUL has a Altman-Z score of 2.18. This is in the better half of the industry: FUL outperforms 60.98% of its industry peers.
FUL has a debt to FCF ratio of 17.14. This is a negative value and a sign of low solvency as FUL would need 17.14 years to pay back of all of its debts.
With a Debt to FCF ratio value of 17.14, FUL perfoms like the industry average, outperforming 53.66% of the companies in the same industry.
A Debt/Equity ratio of 1.06 is on the high side and indicates that FUL has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.06, FUL is doing worse than 67.07% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.06 | ||
| Debt/FCF | 17.14 | ||
| Altman-Z | 2.18 |
ROIC/WACC0.62
WACC8.19%
2.3 Liquidity
A Current Ratio of 1.93 indicates that FUL should not have too much problems paying its short term obligations.
FUL has a Current ratio of 1.93. This is comparable to the rest of the industry: FUL outperforms 47.56% of its industry peers.
FUL has a Quick Ratio of 1.18. This is a normal value and indicates that FUL is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of FUL (1.18) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.93 | ||
| Quick Ratio | 1.18 |
3. Growth
3.1 Past
The earnings per share for FUL have decreased by -8.02% in the last year.
Measured over the past 5 years, FUL shows a small growth in Earnings Per Share. The EPS has been growing by 5.34% on average per year.
FUL shows a decrease in Revenue. In the last year, the revenue decreased by -1.30%.
FUL shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.26% yearly.
EPS 1Y (TTM)-8.02%
EPS 3Y3.43%
EPS 5Y5.34%
EPS Q2Q%11.5%
Revenue 1Y (TTM)-1.3%
Revenue growth 3Y2.87%
Revenue growth 5Y4.26%
Sales Q2Q%-2.82%
3.2 Future
Based on estimates for the next years, FUL will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.90% on average per year.
FUL is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.86% yearly.
EPS Next Y10.2%
EPS Next 2Y10.4%
EPS Next 3Y10.9%
EPS Next 5YN/A
Revenue Next Year-2.28%
Revenue Next 2Y-0.15%
Revenue Next 3Y0.86%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
FUL is valuated correctly with a Price/Earnings ratio of 14.88.
Based on the Price/Earnings ratio, FUL is valued a bit cheaper than 65.85% of the companies in the same industry.
When comparing the Price/Earnings ratio of FUL to the average of the S&P500 Index (26.29), we can say FUL is valued slightly cheaper.
The Price/Forward Earnings ratio is 12.40, which indicates a correct valuation of FUL.
Based on the Price/Forward Earnings ratio, FUL is valued a bit cheaper than the industry average as 65.85% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.51, FUL is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.88 | ||
| Fwd PE | 12.4 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FUL is valued a bit cheaper than 60.98% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of FUL indicates a somewhat cheap valuation: FUL is cheaper than 60.98% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.86 | ||
| EV/EBITDA | 9.54 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of FUL may justify a higher PE ratio.
PEG (NY)1.46
PEG (5Y)2.78
EPS Next 2Y10.4%
EPS Next 3Y10.9%
5. Dividend
5.1 Amount
FUL has a Yearly Dividend Yield of 1.62%.
Compared to an average industry Dividend Yield of 3.98, FUL has a dividend in line with its industry peers.
Compared to the average S&P500 Dividend Yield of 2.31, FUL is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.62% |
5.2 History
On average, the dividend of FUL grows each year by 6.60%, which is quite nice.
FUL has been paying a dividend for at least 10 years, so it has a reliable track record.
FUL has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)6.6%
Div Incr Years34
Div Non Decr Years34
5.3 Sustainability
43.28% of the earnings are spent on dividend by FUL. This is a bit on the high side, but may be sustainable.
The dividend of FUL is growing, but earnings are growing more, so the dividend growth is sustainable.
DP43.28%
EPS Next 2Y10.4%
EPS Next 3Y10.9%
NYSE:FUL (12/10/2025, 11:51:08 AM)
58.03
+0.48 (+0.83%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners102.26%
Inst Owner Change0.67%
Ins Owners0.32%
Ins Owner Change1.32%
Market Cap3.14B
Revenue(TTM)3.50B
Net Income(TTM)114.88M
Analysts76.36
Price Target72.42 (24.8%)
Short Float %3.55%
Short Ratio4.74
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.62% |
Yearly Dividend0.88
Dividend Growth(5Y)6.6%
DP43.28%
Div Incr Years34
Div Non Decr Years34
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)4.29%
Min EPS beat(2)0.24%
Max EPS beat(2)8.35%
EPS beat(4)3
Avg EPS beat(4)2.04%
Min EPS beat(4)-8.62%
Max EPS beat(4)8.35%
EPS beat(8)6
Avg EPS beat(8)1.73%
EPS beat(12)6
Avg EPS beat(12)-2.53%
EPS beat(16)9
Avg EPS beat(16)-1.21%
Revenue beat(2)0
Avg Revenue beat(2)-1.3%
Min Revenue beat(2)-1.41%
Max Revenue beat(2)-1.19%
Revenue beat(4)1
Avg Revenue beat(4)-0.34%
Min Revenue beat(4)-1.41%
Max Revenue beat(4)1.53%
Revenue beat(8)1
Avg Revenue beat(8)-1.58%
Revenue beat(12)1
Avg Revenue beat(12)-3%
Revenue beat(16)3
Avg Revenue beat(16)-2.06%
PT rev (1m)-3.01%
PT rev (3m)-0.35%
EPS NQ rev (1m)-1.17%
EPS NQ rev (3m)-1.69%
EPS NY rev (1m)-0.36%
EPS NY rev (3m)-0.36%
Revenue NQ rev (1m)-0.13%
Revenue NQ rev (3m)-0.27%
Revenue NY rev (1m)-0.03%
Revenue NY rev (3m)-0.2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.88 | ||
| Fwd PE | 12.4 | ||
| P/S | 0.9 | ||
| P/FCF | 25.86 | ||
| P/OCF | 12.95 | ||
| P/B | 1.6 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.54 |
EPS(TTM)3.9
EY6.72%
EPS(NY)4.68
Fwd EY8.06%
FCF(TTM)2.24
FCFY3.87%
OCF(TTM)4.48
OCFY7.72%
SpS64.75
BVpS36.19
TBVpS-10.24
PEG (NY)1.46
PEG (5Y)2.78
Graham Number56.35
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.22% | ||
| ROE | 5.87% | ||
| ROCE | 7.85% | ||
| ROIC | 5.07% | ||
| ROICexc | 5.21% | ||
| ROICexgc | 12.25% | ||
| OM | 10.06% | ||
| PM (TTM) | 3.28% | ||
| GM | 30.69% | ||
| FCFM | 3.47% |
ROA(3y)3.25%
ROA(5y)3.32%
ROE(3y)8.86%
ROE(5y)9.13%
ROIC(3y)5.75%
ROIC(5y)5.19%
ROICexc(3y)5.97%
ROICexc(5y)5.36%
ROICexgc(3y)13.87%
ROICexgc(5y)12.61%
ROCE(3y)8.93%
ROCE(5y)8.06%
ROICexgc growth 3Y8.3%
ROICexgc growth 5Y2.26%
ROICexc growth 3Y8.14%
ROICexc growth 5Y4.96%
OM growth 3Y10.31%
OM growth 5Y4.56%
PM growth 3Y-9.5%
PM growth 5Y-4.16%
GM growth 3Y5.3%
GM growth 5Y1.51%
F-Score7
Asset Turnover0.68
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.06 | ||
| Debt/FCF | 17.14 | ||
| Debt/EBITDA | 3.92 | ||
| Cap/Depr | 67.68% | ||
| Cap/Sales | 3.46% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 45.63% | ||
| Profit Quality | 105.66% | ||
| Current Ratio | 1.93 | ||
| Quick Ratio | 1.18 | ||
| Altman-Z | 2.18 |
F-Score7
WACC8.19%
ROIC/WACC0.62
Cap/Depr(3y)80.89%
Cap/Depr(5y)75.34%
Cap/Sales(3y)3.59%
Cap/Sales(5y)3.4%
Profit Quality(3y)124.79%
Profit Quality(5y)127.99%
High Growth Momentum
Growth
EPS 1Y (TTM)-8.02%
EPS 3Y3.43%
EPS 5Y5.34%
EPS Q2Q%11.5%
EPS Next Y10.2%
EPS Next 2Y10.4%
EPS Next 3Y10.9%
EPS Next 5YN/A
Revenue 1Y (TTM)-1.3%
Revenue growth 3Y2.87%
Revenue growth 5Y4.26%
Sales Q2Q%-2.82%
Revenue Next Year-2.28%
Revenue Next 2Y-0.15%
Revenue Next 3Y0.86%
Revenue Next 5YN/A
EBIT growth 1Y-12.86%
EBIT growth 3Y13.48%
EBIT growth 5Y9.02%
EBIT Next Year46.87%
EBIT Next 3Y17.52%
EBIT Next 5YN/A
FCF growth 1Y-57.17%
FCF growth 3Y11.67%
FCF growth 5Y-4.66%
OCF growth 1Y-42.9%
OCF growth 3Y12.34%
OCF growth 5Y2.36%
H.B. FULLER CO. / FUL FAQ
What is the ChartMill fundamental rating of H.B. FULLER CO. (FUL) stock?
ChartMill assigns a fundamental rating of 4 / 10 to FUL.
Can you provide the valuation status for H.B. FULLER CO.?
ChartMill assigns a valuation rating of 5 / 10 to H.B. FULLER CO. (FUL). This can be considered as Fairly Valued.
Can you provide the profitability details for H.B. FULLER CO.?
H.B. FULLER CO. (FUL) has a profitability rating of 6 / 10.
Can you provide the PE and PB ratios for FUL stock?
The Price/Earnings (PE) ratio for H.B. FULLER CO. (FUL) is 14.88 and the Price/Book (PB) ratio is 1.6.
Can you provide the expected EPS growth for FUL stock?
The Earnings per Share (EPS) of H.B. FULLER CO. (FUL) is expected to grow by 10.2% in the next year.