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%)
FUL gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 81 industry peers in the Chemicals industry. FUL has a medium profitability rating, but doesn't score so well on its financial health evaluation. FUL has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year FUL was profitable.
FUL had a positive operating cash flow in the past year.
FUL had positive earnings in each of the past 5 years.
Each year in the past 5 years FUL had a positive operating cash flow.
1.2 Ratios
FUL's Return On Assets of 2.22% is fine compared to the rest of the industry. FUL outperforms 62.96% of its industry peers.
FUL has a better Return On Equity (5.87%) than 65.43% of its industry peers.
FUL has a better Return On Invested Capital (5.07%) than 61.73% 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 6.07%.
| 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
The Profit Margin of FUL (3.28%) is better than 61.73% of its industry peers.
In the last couple of years the Profit Margin of FUL has declined.
The Operating Margin of FUL (10.06%) 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 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
FUL has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
FUL has more shares outstanding than it did 1 year ago.
FUL has more shares outstanding than it did 5 years ago.
The debt/assets ratio for FUL is higher compared to a year ago.
2.2 Solvency
FUL has an Altman-Z score of 2.19. 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's Altman-Z score of 2.19 is fine compared to the rest of the industry. FUL outperforms 61.73% 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.
FUL's Debt to FCF ratio of 17.14 is in line compared to the rest of the industry. FUL outperforms 53.09% of its industry peers.
A Debt/Equity ratio of 1.06 is on the high side and indicates that FUL has dependencies on debt financing.
The Debt to Equity ratio of FUL (1.06) is worse than 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.06 | ||
| Debt/FCF | 17.14 | ||
| Altman-Z | 2.19 |
ROIC/WACC0.63
WACC8.05%
2.3 Liquidity
A Current Ratio of 1.93 indicates that FUL should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.93, FUL is in line with its industry, outperforming 44.44% 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.
FUL has a Quick ratio (1.18) which is in line with its industry peers.
| 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.
Measured over the past years, FUL shows a small growth in Revenue. The Revenue has been growing by 4.26% on average per year.
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 11.65% yearly.
The Revenue is expected to grow by 1.05% on average over the next years.
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
FUL is valuated correctly with a Price/Earnings ratio of 14.94.
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.
When comparing the Price/Earnings ratio of FUL to the average of the S&P500 Index (26.31), we can say FUL is valued slightly cheaper.
A Price/Forward Earnings ratio of 12.35 indicates a correct valuation of FUL.
Based on the Price/Forward Earnings ratio, FUL is valued a bit cheaper than 60.49% of the companies 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
FUL's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. FUL is cheaper than 60.49% 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 61.73% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.97 | ||
| EV/EBITDA | 9.66 |
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)1.41
PEG (5Y)2.8
EPS Next 2Y10.86%
EPS Next 3Y11.65%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.70%, FUL has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 4.16, FUL has a dividend in line with its industry peers.
Compared to the average S&P500 Dividend Yield of 2.40, FUL is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.7% |
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
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 | 1.7% |
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)0.51%
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 | 9.66 |
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 | 2.19 |
F-Score7
WACC8.05%
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.