H.B. FULLER CO. (FUL) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:FUL - US3596941068 - Common Stock
60.39 USD
-0.56 (-0.92%)
60.39 USD
0 (0%)
Overall FUL gets a fundamental rating of 4 out of 10. We evaluated FUL against 83 industry peers in the Chemicals industry. There are concerns on the financial health of FUL while its profitability can be described as average. FUL is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year FUL was profitable.
In the past year FUL had a positive cash flow from operations.
In the past 5 years FUL has always been profitable.
Each year in the past 5 years FUL had a positive operating cash flow.
1.2 Ratios
FUL has a better Return On Assets (2.22%) than 65.85% of its industry peers.
With a decent Return On Equity value of 5.87%, FUL is doing good in the industry, outperforming 65.85% of the companies in the same industry.
With a decent Return On Invested Capital value of 5.07%, FUL is doing good in the industry, outperforming 63.41% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for FUL is in line with the industry average of 5.95%.
| 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 Profit Margin of 3.28%. This is in the better half of the industry: FUL outperforms 64.63% 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.
In the last couple of years the Operating Margin of FUL has grown nicely.
FUL's Gross Margin of 30.69% is in line compared to the rest of the industry. FUL outperforms 56.10% of 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), 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
FUL has an Altman-Z score of 2.20. 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.
Looking at the Altman-Z score, with a value of 2.20, FUL is in the better half of the industry, outperforming 63.41% of the companies in the same industry.
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 (17.14) which is in line with 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's Debt to Equity ratio of 1.06 is on the low side compared to the rest of the industry. FUL is outperformed by 67.07% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.06 | ||
| Debt/FCF | 17.14 | ||
| Altman-Z | 2.2 |
ROIC/WACC0.61
WACC8.25%
2.3 Liquidity
A Current Ratio of 1.93 indicates that FUL should not have too much problems paying its short term obligations.
With a Current ratio value of 1.93, FUL perfoms like the industry average, outperforming 47.56% of the companies in the same industry.
A Quick Ratio of 1.18 indicates that FUL should not have too much problems paying 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.
The Revenue has decreased by -1.30% in the past year.
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
FUL is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 10.90% yearly.
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
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 15.48, the valuation of FUL can be described as correct.
Based on the Price/Earnings ratio, FUL is valued a bit cheaper than the industry average as 67.07% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of FUL to the average of the S&P500 Index (26.56), we can say FUL is valued slightly cheaper.
With a Price/Forward Earnings ratio of 12.90, FUL is valued correctly.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FUL indicates a somewhat cheap valuation: FUL is cheaper than 68.29% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.79, FUL is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.48 | ||
| Fwd PE | 12.9 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as FUL.
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 | 26.91 | ||
| EV/EBITDA | 9.83 |
4.3 Compensation for Growth
The 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)1.52
PEG (5Y)2.9
EPS Next 2Y10.4%
EPS Next 3Y10.9%
5. Dividend
5.1 Amount
FUL has a Yearly Dividend Yield of 1.54%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.66, FUL has a dividend in line with its industry peers.
FUL's Dividend Yield is comparable with the S&P500 average which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.54% |
5.2 History
On average, the dividend of FUL grows each year by 6.60%, which is quite nice.
FUL has paid a dividend for at least 10 years, which is 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%
60.39
-0.56 (-0.92%)
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 Cap3.27B
Revenue(TTM)3.50B
Net Income(TTM)114.88M
Analysts76.36
Price Target72.42 (19.92%)
Short Float %3.55%
Short Ratio4.74
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.54% |
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)-1.73%
EPS NQ rev (1m)-1.17%
EPS NQ rev (3m)-1.29%
EPS NY rev (1m)-0.36%
EPS NY rev (3m)-0.36%
Revenue NQ rev (1m)-0.13%
Revenue NQ rev (3m)-0.16%
Revenue NY rev (1m)-0.03%
Revenue NY rev (3m)-0.14%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.48 | ||
| Fwd PE | 12.9 | ||
| P/S | 0.93 | ||
| P/FCF | 26.91 | ||
| P/OCF | 13.48 | ||
| P/B | 1.67 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.83 |
EPS(TTM)3.9
EY6.46%
EPS(NY)4.68
Fwd EY7.75%
FCF(TTM)2.24
FCFY3.72%
OCF(TTM)4.48
OCFY7.42%
SpS64.75
BVpS36.19
TBVpS-10.24
PEG (NY)1.52
PEG (5Y)2.9
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 | 2.2 |
F-Score7
WACC8.25%
ROIC/WACC0.61
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 15.48 and the Price/Book (PB) ratio is 1.67.
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.