FORTUNE BRANDS INNOVATIONS I (FBIN) Stock Fundamental Analysis
USA - NYSE:FBIN - US34964C1062 - Common Stock
50.8 USD
-0.87 (-1.68%)
50.8 USD
0 (0%)
Overall FBIN gets a fundamental rating of 5 out of 10. We evaluated FBIN against 41 industry peers in the Building Products industry. FBIN has an excellent profitability rating, but there are concerns on its financial health. FBIN has a bad growth rate and is valued cheaply.
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.
FBIN had positive earnings in each of the past 5 years.
In the past 5 years FBIN always reported a positive cash flow from operatings.
1.2 Ratios
FBIN has a Return On Assets of 5.96%. This is comparable to the rest of the industry: FBIN outperforms 48.78% of its industry peers.
With a decent Return On Equity value of 16.81%, FBIN is doing good in the industry, outperforming 63.41% of the companies in the same industry.
The Return On Invested Capital of FBIN (10.19%) is comparable to the rest of the industry.
FBIN had an Average Return On Invested Capital over the past 3 years of 12.06%. This is in line with the industry average of 12.64%.
| 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 has a Profit Margin (8.75%) which is in line with its industry peers.
FBIN's Profit Margin has improved in the last couple of years.
FBIN's Operating Margin of 16.19% is fine compared to the rest of the industry. FBIN outperforms 60.98% of its industry peers.
FBIN's Operating Margin has improved in the last couple of years.
FBIN has a better Gross Margin (45.50%) than 95.12% of its industry peers.
In the last couple of years the Gross Margin of FBIN has grown nicely.
| 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), FBIN 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 2.74 indicates that FBIN is not a great score, but indicates only limited risk for bankruptcy at the moment.
FBIN's Altman-Z score of 2.74 is on the low side compared to the rest of the industry. FBIN is outperformed by 65.85% of its industry peers.
FBIN has a debt to FCF ratio of 7.14. This is a slightly negative value and a sign of low solvency as FBIN would need 7.14 years to pay back of all of its debts.
FBIN has a worse Debt to FCF ratio (7.14) than 65.85% 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 87.80% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.2 | ||
| Debt/FCF | 7.14 | ||
| Altman-Z | 2.74 |
ROIC/WACC1.09
WACC9.32%
2.3 Liquidity
A Current Ratio of 1.97 indicates that FBIN should not have too much problems paying its short term obligations.
FBIN has a Current ratio (1.97) which is comparable to the rest of the 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.
FBIN has a worse Quick ratio (0.98) 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 -7.99% in the last year.
Measured over the past 5 years, FBIN shows a small growth in Earnings Per Share. The EPS has been growing by 2.73% on average per year.
The Revenue has decreased by -5.79% in the past year.
The Revenue has been decreasing by -4.38% on average over the past years.
EPS 1Y (TTM)-7.99%
EPS 3Y-10.34%
EPS 5Y2.73%
EPS Q2Q%-13.79%
Revenue 1Y (TTM)-5.79%
Revenue growth 3Y-1.35%
Revenue growth 5Y-4.38%
Sales Q2Q%-2.96%
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-6.07%
EPS Next 2Y2.25%
EPS Next 3Y6.49%
EPS Next 5Y9.96%
Revenue Next Year-2.26%
Revenue Next 2Y0.36%
Revenue Next 3Y1.96%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 13.37, FBIN is valued correctly.
Based on the Price/Earnings ratio, FBIN is valued cheaply inside the industry as 87.80% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of FBIN to the average of the S&P500 Index (26.89), we can say FBIN is valued rather cheaply.
The Price/Forward Earnings ratio is 11.76, which indicates a very decent valuation of FBIN.
Based on the Price/Forward Earnings ratio, FBIN is valued cheaply inside the industry as 85.37% of the companies are valued more expensively.
FBIN is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.99, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.37 | ||
| Fwd PE | 11.76 |
4.2 Price Multiples
FBIN's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. FBIN is cheaper than 80.49% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, FBIN is valued cheaply inside the industry as 80.49% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.49 | ||
| EV/EBITDA | 9.41 |
4.3 Compensation for Growth
The decent profitability rating of FBIN may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)4.9
EPS Next 2Y2.25%
EPS Next 3Y6.49%
5. Dividend
5.1 Amount
FBIN has a Yearly Dividend Yield of 1.94%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 1.24, FBIN pays a better dividend. On top of this FBIN pays more dividend than 90.24% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.31, FBIN has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.94% |
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.
FBIN has decreased its dividend recently.
Dividend Growth(5Y)1.74%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
30.50% of the earnings are spent on dividend by FBIN. This is a low number and sustainable payout ratio.
FBIN's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP30.5%
EPS Next 2Y2.25%
EPS Next 3Y6.49%
50.8
-0.87 (-1.68%)
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 Cap6.10B
Revenue(TTM)4.50B
Net Income(TTM)393.40M
Analysts71.54
Price Target68.35 (34.55%)
Short Float %4.1%
Short Ratio3.5
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.94% |
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)0%
PT rev (3m)2.87%
EPS NQ rev (1m)-1.02%
EPS NQ rev (3m)-2.73%
EPS NY rev (1m)-0.57%
EPS NY rev (3m)-0.09%
Revenue NQ rev (1m)-0.08%
Revenue NQ rev (3m)1.01%
Revenue NY rev (1m)-0.11%
Revenue NY rev (3m)0.17%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.37 | ||
| Fwd PE | 11.76 | ||
| P/S | 1.36 | ||
| P/FCF | 15.49 | ||
| P/OCF | 11.22 | ||
| P/B | 2.61 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.41 |
EPS(TTM)3.8
EY7.48%
EPS(NY)4.32
Fwd EY8.5%
FCF(TTM)3.28
FCFY6.46%
OCF(TTM)4.53
OCFY8.91%
SpS37.45
BVpS19.5
TBVpS-7.82
PEG (NY)N/A
PEG (5Y)4.9
Graham Number40.83
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 | 2.74 |
F-Score6
WACC9.32%
ROIC/WACC1.09
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)-7.99%
EPS 3Y-10.34%
EPS 5Y2.73%
EPS Q2Q%-13.79%
EPS Next Y-6.07%
EPS Next 2Y2.25%
EPS Next 3Y6.49%
EPS Next 5Y9.96%
Revenue 1Y (TTM)-5.79%
Revenue growth 3Y-1.35%
Revenue growth 5Y-4.38%
Sales Q2Q%-2.96%
Revenue Next Year-2.26%
Revenue Next 2Y0.36%
Revenue Next 3Y1.96%
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 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 13.37 and the Price/Book (PB) ratio is 2.61.
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 -6.07% in the next year.