FORTUNE BRANDS INNOVATIONS I (FBIN) Stock Fundamental Analysis
USA - NYSE:FBIN - US34964C1062 - Common Stock
47.07 USD
+2.58 (+5.8%)
47.07 USD
0 (0%)
FBIN gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 41 industry peers in the Building Products industry. While FBIN has a great profitability rating, there are quite some 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.
In the past year FBIN had a positive cash flow from operations.
Each year in the past 5 years FBIN has been profitable.
FBIN had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
FBIN has a Return On Assets (5.03%) which is comparable to the rest of the industry.
The Return On Equity of FBIN (13.77%) is better than 63.41% of its industry peers.
FBIN's Return On Invested Capital of 10.22% is in line compared to the rest of the industry. FBIN outperforms 58.54% of its industry peers.
The Average Return On Invested Capital over the past 3 years for FBIN is in line with the industry average of 12.50%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.03% | ||
| ROE | 13.77% | ||
| ROIC | 10.22% |
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
Looking at the Profit Margin, with a value of 7.30%, FBIN is in line with its industry, outperforming 56.10% of the companies in the same industry.
FBIN's Profit Margin has improved in the last couple of years.
With a decent Operating Margin value of 15.99%, 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.
FBIN has a Gross Margin of 45.40%. This is amongst the best in the industry. FBIN outperforms 95.12% of its industry peers.
FBIN's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.99% | ||
| PM (TTM) | 7.3% | ||
| GM | 45.4% |
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so FBIN is still creating some value.
Compared to 1 year ago, FBIN has less shares outstanding
FBIN has less shares outstanding than it did 5 years ago.
FBIN has about the same debt/assets ratio as last year.
2.2 Solvency
An Altman-Z score of 2.68 indicates that FBIN is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.68, FBIN is doing worse than 60.98% of the companies in the same industry.
The Debt to FCF ratio of FBIN is 6.72, which is on the high side as it means it would take FBIN, 6.72 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 6.72, FBIN is in line with its industry, outperforming 41.46% of the companies in the same industry.
FBIN has a Debt/Equity ratio of 1.12. This is a high value indicating a heavy dependency on external financing.
FBIN has a Debt to Equity ratio of 1.12. This is amonst the worse of the industry: FBIN underperforms 82.93% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.12 | ||
| Debt/FCF | 6.72 | ||
| Altman-Z | 2.68 |
ROIC/WACC1.14
WACC8.99%
2.3 Liquidity
FBIN has a Current Ratio of 1.95. This is a normal value and indicates that FBIN is financially healthy and should not expect problems in meeting its short term obligations.
FBIN has a Current ratio (1.95) which is in line with its industry peers.
FBIN has a Quick Ratio of 1.95. This is a bad value and indicates that FBIN is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.94, FBIN is not doing good in the industry: 73.17% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.95 | ||
| Quick Ratio | 0.94 |
3. Growth
3.1 Past
The earnings per share for FBIN have decreased by -9.02% in the last year.
The Earnings Per Share has been growing slightly by 2.73% on average over the past years.
The Revenue has decreased by -3.78% 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)-3.78%
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
A Price/Earnings ratio of 12.62 indicates a correct valuation of FBIN.
Compared to the rest of the industry, the Price/Earnings ratio of FBIN indicates a somewhat cheap valuation: FBIN is cheaper than 73.17% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.07, FBIN is valued a bit cheaper.
Based on the Price/Forward Earnings ratio of 11.08, the valuation of FBIN can be described as reasonable.
Based on the Price/Forward Earnings ratio, FBIN is valued a bit cheaper than 75.61% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.08, FBIN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.62 | ||
| Fwd PE | 11.08 |
4.2 Price Multiples
FBIN's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. FBIN is cheaper than 70.73% of the companies in the same industry.
FBIN's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. FBIN is cheaper than 75.61% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.3 | ||
| EV/EBITDA | 8.49 |
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)4.63
EPS Next 2Y1.41%
EPS Next 3Y5.34%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.05%, FBIN has a reasonable but not impressive dividend return.
In the last 3 months the price of FBIN has falen by -23.46%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
Compared to an average industry Dividend Yield of 1.35, 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 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.05% |
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
FBIN pays out 36.69% 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.
DP36.69%
EPS Next 2Y1.41%
EPS Next 3Y5.34%
47.07
+2.58 (+5.8%)
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 Change0.43%
Market Cap5.65B
Revenue(TTM)4.49B
Net Income(TTM)327.60M
Analysts71.11
Price Target65.66 (39.49%)
Short Float %3.37%
Short Ratio2.58
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.05% |
Yearly Dividend0.96
Dividend Growth(5Y)1.74%
DP36.69%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-1.27%
Min EPS beat(2)-3.72%
Max EPS beat(2)1.19%
EPS beat(4)1
Avg EPS beat(4)-3.28%
Min EPS beat(4)-8.98%
Max EPS beat(4)1.19%
EPS beat(8)4
Avg EPS beat(8)-0.27%
EPS beat(12)8
Avg EPS beat(12)2.79%
EPS beat(16)12
Avg EPS beat(16)2.52%
Revenue beat(2)0
Avg Revenue beat(2)-2.88%
Min Revenue beat(2)-4.39%
Max Revenue beat(2)-1.37%
Revenue beat(4)0
Avg Revenue beat(4)-4.05%
Min Revenue beat(4)-5.47%
Max Revenue beat(4)-1.37%
Revenue beat(8)1
Avg Revenue beat(8)-4.08%
Revenue beat(12)2
Avg Revenue beat(12)-5.89%
Revenue beat(16)2
Avg Revenue beat(16)-21.31%
PT rev (1m)-3.93%
PT rev (3m)-4.59%
EPS NQ rev (1m)-4.61%
EPS NQ rev (3m)-6.29%
EPS NY rev (1m)-1.75%
EPS NY rev (3m)-1.27%
Revenue NQ rev (1m)0.26%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-0.41%
Revenue NY rev (3m)0.06%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.62 | ||
| Fwd PE | 11.08 | ||
| P/S | 1.26 | ||
| P/FCF | 14.3 | ||
| P/OCF | 10.41 | ||
| P/B | 2.38 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.49 |
EPS(TTM)3.73
EY7.92%
EPS(NY)4.25
Fwd EY9.02%
FCF(TTM)3.29
FCFY6.99%
OCF(TTM)4.52
OCFY9.6%
SpS37.4
BVpS19.82
TBVpS-7.28
PEG (NY)N/A
PEG (5Y)4.63
Graham Number40.78
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.03% | ||
| ROE | 13.77% | ||
| ROCE | 13.08% | ||
| ROIC | 10.22% | ||
| ROICexc | 10.65% | ||
| ROICexgc | 27.88% | ||
| OM | 15.99% | ||
| PM (TTM) | 7.3% | ||
| GM | 45.4% | ||
| FCFM | 8.8% |
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 Turnover0.69
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.12 | ||
| Debt/FCF | 6.72 | ||
| Debt/EBITDA | 2.9 | ||
| Cap/Depr | 74.61% | ||
| Cap/Sales | 3.29% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 59.29% | ||
| Profit Quality | 120.64% | ||
| Current Ratio | 1.95 | ||
| Quick Ratio | 0.94 | ||
| Altman-Z | 2.68 |
F-Score6
WACC8.99%
ROIC/WACC1.14
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)-3.78%
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-6.35%
EBIT growth 3Y-1.84%
EBIT growth 5Y0.44%
EBIT Next Year16.36%
EBIT Next 3Y9.55%
EBIT Next 5Y9.12%
FCF growth 1Y-54.39%
FCF growth 3Y0%
FCF growth 5Y-1.25%
OCF growth 1Y-51.24%
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 12.62 and the Price/Book (PB) ratio is 2.38.
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.