H.B. FULLER CO. (FUL) Stock Fundamental Analysis
USA - NYSE:FUL - US3596941068 - Common Stock
59.93 USD
-0.16 (-0.27%)
59.93 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to FUL. FUL was compared to 82 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.
FUL had a positive operating cash flow in the past year.
In the past 5 years FUL has always been profitable.
In the past 5 years FUL always reported a positive cash flow from operatings.
1.2 Ratios
FUL has a Return On Assets (2.22%) which is in line with its industry peers.
FUL has a Return On Equity of 5.87%. This is in the better half of the industry: FUL outperforms 64.63% of its industry peers.
FUL has a Return On Invested Capital of 5.07%. This is comparable to the rest of the industry: FUL outperforms 58.54% 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 6.30%.
| 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's Profit Margin of 3.28% is in line compared to the rest of the industry. FUL outperforms 59.76% of its industry peers.
FUL's Profit Margin has declined in the last couple of years.
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 of 30.69%. This is comparable to the rest of the industry: FUL outperforms 57.32% of its industry peers.
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
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.
The number of shares outstanding for FUL has been increased compared to 5 years ago.
Compared to 1 year ago, FUL has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.20 indicates that FUL is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of FUL (2.20) is comparable to the rest of the 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.
Looking at the Debt to FCF ratio, with a value of 17.14, FUL is in line with its industry, outperforming 51.22% of the companies in the same industry.
FUL has a Debt/Equity ratio of 1.06. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 1.06, FUL is not doing good in the industry: 68.29% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.06 | ||
| Debt/FCF | 17.14 | ||
| Altman-Z | 2.2 |
ROIC/WACC0.63
WACC8.08%
2.3 Liquidity
A Current Ratio of 1.93 indicates that FUL should not have too much problems paying its short term obligations.
FUL has a Current ratio of 1.93. This is comparable to the rest of the industry: FUL outperforms 46.34% of its industry peers.
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.
Looking at the Quick ratio, with a value of 1.18, FUL is in line with its industry, outperforming 45.12% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.93 | ||
| Quick Ratio | 1.18 |
3. Growth
3.1 Past
FUL shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -8.02%.
Measured over the past 5 years, FUL shows a small growth in Earnings Per Share. The EPS has been growing by 5.34% on average per year.
Looking at the last year, FUL shows a decrease in Revenue. The Revenue has decreased by -1.30% in the last year.
The Revenue has been growing slightly by 4.26% on average over the past years.
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 11.06% on average per year.
The Revenue is expected to grow by 1.09% on average over the next years.
EPS Next Y10.43%
EPS Next 2Y10.35%
EPS Next 3Y11.06%
EPS Next 5YN/A
Revenue Next Year-2.25%
Revenue Next 2Y0.06%
Revenue Next 3Y1.09%
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.
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 15.37, the valuation of FUL can be described as correct.
65.85% of the companies in the same industry are more expensive than FUL, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 27.08. FUL is valued slightly cheaper when compared to this.
With a Price/Forward Earnings ratio of 12.82, FUL is valued correctly.
FUL's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. FUL is cheaper than 64.63% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of FUL to the average of the S&P500 Index (23.09), we can say FUL is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.37 | ||
| Fwd PE | 12.82 |
4.2 Price Multiples
FUL's Enterprise Value to EBITDA is on the same level as the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of FUL is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.71 | ||
| EV/EBITDA | 9.8 |
4.3 Compensation for Growth
FUL's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.47
PEG (5Y)2.88
EPS Next 2Y10.35%
EPS Next 3Y11.06%
5. Dividend
5.1 Amount
FUL has a Yearly Dividend Yield of 1.55%.
FUL's Dividend Yield is comparable with the industry average which is at 3.69.
FUL's Dividend Yield is slightly below the S&P500 average, which is at 2.30.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.55% |
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 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
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 2Y10.35%
EPS Next 3Y11.06%
59.93
-0.16 (-0.27%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners98.92%
Inst Owner Change0.53%
Ins Owners0.3%
Ins Owner Change0.47%
Market Cap3.24B
Revenue(TTM)3.50B
Net Income(TTM)114.88M
Analysts74
Price Target73.24 (22.21%)
Short Float %2.25%
Short Ratio3.11
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.55% |
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)-0.62%
PT rev (3m)0.77%
EPS NQ rev (1m)-0.63%
EPS NQ rev (3m)-1.03%
EPS NY rev (1m)0.1%
EPS NY rev (3m)-0.15%
Revenue NQ rev (1m)-0.03%
Revenue NQ rev (3m)-0.14%
Revenue NY rev (1m)-0.11%
Revenue NY rev (3m)-0.17%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.37 | ||
| Fwd PE | 12.82 | ||
| P/S | 0.93 | ||
| P/FCF | 26.71 | ||
| P/OCF | 13.37 | ||
| P/B | 1.66 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.8 |
EPS(TTM)3.9
EY6.51%
EPS(NY)4.68
Fwd EY7.8%
FCF(TTM)2.24
FCFY3.74%
OCF(TTM)4.48
OCFY7.48%
SpS64.75
BVpS36.19
TBVpS-10.24
PEG (NY)1.47
PEG (5Y)2.88
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
WACC8.08%
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 Y10.43%
EPS Next 2Y10.35%
EPS Next 3Y11.06%
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 2Y0.06%
Revenue Next 3Y1.09%
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 4 / 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 5 / 10.
Can you provide the PE and PB ratios for FUL stock?
The Price/Earnings (PE) ratio for H.B. FULLER CO. (FUL) is 15.37 and the Price/Book (PB) ratio is 1.66.
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 10.43% in the next year.