FORTUNE BRANDS INNOVATIONS, INC. Financials Fortune Brands Innovations, Inc.
Equities
FBIN
US34964C1062
Construction Supplies & Fixtures
|
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 74.18 USD | +1.31% |
|
+0.91% | -2.57% |
| Apr. 18 | Baird Adjusts Price Target on Fortune Brands Innovations to $85 From $86, Maintains Neutral Rating | MT |
| Mar. 22 | Fortune Brands Innovations, Inc. Announces Board Retirements | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 9,098 | 11,921 | 14,358 | 7,324 | 9,601 | 9,325 | - | - |
| Enterprise Value (EV) 1 | 10,894 | 14,075 | 16,596 | 9,355 | 11,905 | 11,317 | 11,050 | 11,082 |
| P/E ratio | 21.4 x | 21.8 x | 19.1 x | 10.9 x | 24 x | 17.2 x | 15.4 x | 13.3 x |
| Yield | 1.38% | 1.12% | 0.98% | 1.87% | - | 1.32% | 1.36% | 1.45% |
| Capitalization / Revenue | 1.58 x | 1.96 x | 1.88 x | 1.55 x | 2.08 x | 1.92 x | 1.83 x | 1.72 x |
| EV / Revenue | 1.89 x | 2.31 x | 2.17 x | 1.98 x | 2.57 x | 2.33 x | 2.17 x | 2.04 x |
| EV / EBITDA | 11.8 x | 13.8 x | 12.7 x | 9.83 x | 13.1 x | 11.3 x | 10.2 x | 9.65 x |
| EV / FCF | 21.6 x | 20.8 x | 34.8 x | 29.2 x | 14.8 x | 20.9 x | 18.4 x | 16.8 x |
| FCF Yield | 4.64% | 4.8% | 2.87% | 3.42% | 6.74% | 4.78% | 5.44% | 5.95% |
| Price to Book | 3.81 x | 4.33 x | 4.81 x | 3.59 x | 4.24 x | 3.63 x | 3.25 x | 3.06 x |
| Nbr of stocks (in thousands) | 139,151 | 138,929 | 135,734 | 128,243 | 126,095 | 125,701 | - | - |
| Reference price 2 | 65.38 | 85.81 | 105.8 | 57.11 | 76.14 | 74.18 | 74.18 | 74.18 |
| Announcement Date | 1/29/20 | 2/2/21 | 2/2/22 | 2/16/23 | 1/30/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 5,765 | 6,090 | 7,656 | 4,723 | 4,626 | 4,848 | 5,103 | 5,419 |
| EBITDA 1 | 919.9 | 1,018 | 1,308 | 951.5 | 909.5 | 1,002 | 1,078 | 1,148 |
| EBIT 1 | 764 | 857.1 | 1,116 | 809.7 | 738 | 825.7 | 900.3 | 975.2 |
| Operating Margin | 13.25% | 14.07% | 14.58% | 17.14% | 15.95% | 17.03% | 17.64% | 17.99% |
| Earnings before Tax (EBT) 1 | 575.3 | 730.8 | 1,005 | 667.1 | 517.9 | 709.1 | 788 | 878.3 |
| Net income 1 | 431.9 | 553.1 | 772.4 | 686.7 | 404.5 | 542.1 | 600.3 | 667.1 |
| Net margin | 7.49% | 9.08% | 10.09% | 14.54% | 8.74% | 11.18% | 11.76% | 12.31% |
| EPS 2 | 3.060 | 3.940 | 5.540 | 5.230 | 3.170 | 4.302 | 4.830 | 5.561 |
| Free Cash Flow 1 | 505.4 | 675.2 | 476.4 | 320.2 | 802.1 | 540.7 | 601.2 | 659 |
| FCF margin | 8.77% | 11.09% | 6.22% | 6.78% | 17.34% | 11.15% | 11.78% | 12.16% |
| FCF Conversion (EBITDA) | 54.94% | 66.35% | 36.42% | 33.65% | 88.19% | 53.97% | 55.75% | 57.41% |
| FCF Conversion (Net income) | 117.02% | 122.08% | 61.68% | 46.63% | 198.29% | 99.75% | 100.14% | 98.79% |
| Dividend per Share 2 | 0.9000 | 0.9600 | 1.040 | 1.070 | - | 0.9800 | 1.011 | 1.073 |
| Announcement Date | 1/29/20 | 2/2/21 | 2/2/22 | 2/16/23 | 1/30/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,986 | 1,963 | 1,917 | 2,111 | 2,054 | 1,132 | 1,040 | 1,164 | 1,261 | 1,161 | 1,081 | 1,276 | 1,289 | 1,199 | 1,129 |
| EBITDA 1 | 341.8 | 313.3 | 297.7 | 366.8 | 385.8 | 236 | 174.8 | 235.1 | 266.7 | 233 | 198.7 | 271.3 | 279.1 | 254.4 | 216.8 |
| EBIT 1 | 293.3 | 263.7 | 249.6 | 319.8 | 334.9 | 196.1 | 136.7 | 197.8 | 219.9 | 183.6 | 153.2 | 226.8 | 235.2 | 210.7 | 173.8 |
| Operating Margin | 14.77% | 13.43% | 13.02% | 15.15% | 16.31% | 17.32% | 13.14% | 17% | 17.44% | 15.81% | 14.18% | 17.77% | 18.25% | 17.57% | 15.39% |
| Earnings before Tax (EBT) 1 | 267.3 | 239.2 | 232.9 | 253.8 | 250.2 | 155.4 | 111.3 | 130.1 | 172.6 | 103.9 | 122.4 | 199.7 | 205.9 | 181.2 | 150.7 |
| Net income 1 | 202.1 | 175.3 | 180.9 | 192 | 204.2 | 109.9 | 84.6 | 102.1 | 136.5 | 81.3 | 93.8 | 151.1 | 156.9 | 138.7 | 113 |
| Net margin | 10.17% | 8.93% | 9.44% | 9.1% | 9.94% | 9.71% | 8.13% | 8.77% | 10.82% | 7% | 8.68% | 11.84% | 12.17% | 11.57% | 10.01% |
| EPS 2 | 1.450 | 1.280 | 1.340 | 1.460 | 1.570 | 0.8500 | 0.6600 | 0.8000 | 1.070 | 0.6400 | 0.7388 | 1.201 | 1.243 | 1.105 | 0.9076 |
| Dividend per Share 2 | - | 0.2600 | 0.2800 | 0.2800 | 0.2800 | 0.2300 | 0.2300 | 0.2300 | - | - | 0.2400 | 0.2400 | 0.2400 | 0.2400 | 0.2400 |
| Announcement Date | 10/26/21 | 2/2/22 | 4/28/22 | 7/27/22 | 10/26/22 | 2/16/23 | 4/26/23 | 7/27/23 | 10/25/23 | 1/30/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 1,796 | 2,153 | 2,238 | 2,031 | 2,304 | 1,992 | 1,726 | 1,757 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 1.953 x | 2.116 x | 1.711 x | 2.134 x | 2.533 x | 1.988 x | 1.6 x | 1.531 x |
| Free Cash Flow 1 | 505 | 675 | 476 | 320 | 802 | 541 | 601 | 659 |
| ROE (net income / shareholders' equity) | 22.1% | 22.6% | 27.4% | 21.6% | 22.8% | 21.5% | 22% | 23.3% |
| ROA (Net income/ Total Assets) | 8.3% | 8.62% | 10.5% | 9.77% | 6.4% | 8.43% | 9.18% | 9.2% |
| Assets 1 | 5,205 | 6,420 | 7,389 | 7,029 | 6,322 | 6,430 | 6,540 | 7,251 |
| Book Value Per Share 2 | 17.20 | 19.80 | 22.00 | 15.90 | 18.00 | 20.50 | 22.80 | 24.20 |
| Cash Flow per Share 2 | 4.510 | 5.830 | 7.640 | 7.930 | 5.090 | 5.700 | 6.350 | 6.730 |
| Capex 1 | 132 | 149 | 212 | 238 | 254 | 201 | 206 | 183 |
| Capex / Sales | 2.29% | 2.44% | 2.77% | 5.04% | 5.48% | 4.14% | 4.03% | 3.38% |
| Announcement Date | 1/29/20 | 2/2/21 | 2/2/22 | 2/16/23 | 1/30/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
18
Last Close Price
74.18
USD
Average target price
86.4
USD
Spread / Average Target
+16.47%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -2.57% | 9.32B | |
| +12.87% | 40.33B | |
| +3.17% | 30.34B | |
| +12.41% | 22.89B | |
| +28.21% | 19.09B | |
| +4.28% | 15.38B | |
| +9.35% | 9.84B | |
| +10.03% | 7.75B | |
| -12.31% | 7.37B | |
| +28.77% | 7.01B |
- Stock Market
- Equities
- FBIN Stock
- Financials Fortune Brands Innovations, Inc.
