H.B. FULLER CO. (FUL) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:FUL - US3596941068 - Common Stock
58.28 USD
-0.39 (-0.66%)
58.28 USD
0 (0%)
Overall FUL gets a fundamental rating of 4 out of 10. We evaluated FUL against 81 industry peers in the Chemicals industry. There are concerns on the financial health of FUL while its profitability can be described as average. 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.
Each year in the past 5 years FUL has been profitable.
FUL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of FUL (2.22%) is better than 64.20% of its industry peers.
FUL has a Return On Equity of 5.87%. This is in the better half of the industry: FUL outperforms 65.43% of its industry peers.
The Return On Invested Capital of FUL (5.07%) is better than 61.73% of its industry peers.
FUL had an Average Return On Invested Capital over the past 3 years of 5.75%. This is in line with the industry average of 6.07%.
| 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
FUL has a better Profit Margin (3.28%) than 62.96% of its industry peers.
FUL's Profit Margin has declined in the last couple of years.
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.
The Gross Margin of FUL (30.69%) is comparable to the rest of the industry.
FUL's Gross Margin has improved in the last couple of years.
| 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so FUL is destroying value.
FUL has more shares outstanding than it did 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
An Altman-Z score of 2.18 indicates that FUL is not a great score, but indicates 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 61.73% of its industry peers.
The Debt to FCF ratio of FUL is 17.14, which is on the high side as it means it would take FUL, 17.14 years of fcf income to pay off all of its debts.
FUL has a Debt to FCF ratio of 17.14. This is comparable to the rest of the industry: FUL outperforms 53.09% of its industry peers.
FUL has a Debt/Equity ratio of 1.06. This is a high value indicating a heavy dependency on external financing.
FUL has a Debt to Equity ratio of 1.06. This is in the lower half of the industry: FUL underperforms 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.06 | ||
| Debt/FCF | 17.14 | ||
| Altman-Z | 2.18 |
ROIC/WACC0.63
WACC8.06%
2.3 Liquidity
FUL has a Current Ratio of 1.93. This is a normal value and indicates that FUL is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.93, FUL perfoms like the industry average, outperforming 45.68% of the companies in the same industry.
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.
The Earnings Per Share has been growing slightly by 5.34% on average over the past years.
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 11.65% on average per year.
Based on estimates for the next years, FUL will show a small growth in Revenue. The Revenue will grow by 1.05% on average per year.
EPS Next Y10.6%
EPS Next 2Y10.86%
EPS Next 3Y11.65%
EPS Next 5YN/A
Revenue Next Year-2.25%
Revenue Next 2Y0.03%
Revenue Next 3Y1.05%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 14.94, the valuation of FUL can be described as correct.
FUL's Price/Earnings ratio is a bit cheaper when compared to the industry. FUL is cheaper than 67.90% of the companies in the same industry.
FUL's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.31.
The Price/Forward Earnings ratio is 12.35, which indicates a correct valuation of FUL.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FUL indicates a somewhat cheap valuation: FUL is cheaper than 62.96% of the companies listed in the same industry.
FUL is valuated cheaply when we compare the Price/Forward Earnings ratio to 36.59, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.94 | ||
| Fwd PE | 12.35 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FUL indicates a somewhat cheap valuation: FUL is cheaper than 60.49% of the companies listed in the same industry.
FUL's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. FUL is cheaper than 61.73% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.97 | ||
| EV/EBITDA | 9.62 |
4.3 Compensation for Growth
FUL's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
FUL has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.41
PEG (5Y)2.8
EPS Next 2Y10.86%
EPS Next 3Y11.65%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.60%, FUL has a reasonable but not impressive dividend return.
FUL's Dividend Yield is comparable with the industry average which is at 3.94.
FUL's Dividend Yield is slightly below the S&P500 average, which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.6% |
5.2 History
The dividend of FUL is nicely growing with an annual growth rate of 6.60%!
FUL has paid a dividend for at least 10 years, which is a reliable track record.
FUL has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)6.6%
Div Incr Years34
Div Non Decr Years34
5.3 Sustainability
FUL pays out 43.28% of its income as dividend. 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 2Y10.86%
EPS Next 3Y11.65%
58.28
-0.39 (-0.66%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners98.92%
Inst Owner Change0.63%
Ins Owners0.3%
Ins Owner Change1.32%
Market Cap3.15B
Revenue(TTM)3.50B
Net Income(TTM)114.88M
Analysts78
Price Target74.66 (28.11%)
Short Float %3.22%
Short Ratio4.02
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.6% |
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)1.95%
PT rev (3m)2.74%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.52%
EPS NY rev (1m)0.15%
EPS NY rev (3m)-0.01%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.14%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.17%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.94 | ||
| Fwd PE | 12.35 | ||
| P/S | 0.9 | ||
| P/FCF | 25.97 | ||
| P/OCF | 13 | ||
| P/B | 1.61 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.62 |
EPS(TTM)3.9
EY6.69%
EPS(NY)4.72
Fwd EY8.1%
FCF(TTM)2.24
FCFY3.85%
OCF(TTM)4.48
OCFY7.69%
SpS64.75
BVpS36.19
TBVpS-10.24
PEG (NY)1.41
PEG (5Y)2.8
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
WACC8.06%
ROIC/WACC0.63
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 Y10.6%
EPS Next 2Y10.86%
EPS Next 3Y11.65%
EPS Next 5YN/A
Revenue 1Y (TTM)-1.3%
Revenue growth 3Y2.87%
Revenue growth 5Y4.26%
Sales Q2Q%-2.82%
Revenue Next Year-2.25%
Revenue Next 2Y0.03%
Revenue Next 3Y1.05%
Revenue Next 5YN/A
EBIT growth 1Y-12.86%
EBIT growth 3Y13.48%
EBIT growth 5Y9.02%
EBIT Next Year46.85%
EBIT Next 3Y18.39%
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 14.94 and the Price/Book (PB) ratio is 1.61.
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 10.6% in the next year.