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 | ||
| 71.11 USD | -2.72% |
|
-3.29% | -6.61% |
| 04-30 | Fortune Brands Innovations Q1 Non-GAAP Earnings, Revenue Increase; 2024 EPS Outlook Reaffirmed | MT |
| 04-30 | Transcript : Fortune Brands Innovations, Inc., Q1 2024 Earnings Call, Apr 30, 2024 |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 9,098 | 11,921 | 14,358 | 7,324 | 9,601 | 9,189 | - | - |
| Enterprise Value (EV) 1 | 10,894 | 14,075 | 16,596 | 9,355 | 11,905 | 11,389 | 11,088 | 11,155 |
| P/E ratio | 21.4 x | 21.8 x | 19.1 x | 10.9 x | 24 x | 16.6 x | 14.7 x | 12.8 x |
| Yield | 1.38% | 1.12% | 0.98% | 1.87% | - | 1.38% | 1.43% | 1.51% |
| Capitalization / Revenue | 1.58 x | 1.96 x | 1.88 x | 1.55 x | 2.08 x | 1.89 x | 1.8 x | 1.69 x |
| EV / Revenue | 1.89 x | 2.31 x | 2.17 x | 1.98 x | 2.57 x | 2.34 x | 2.17 x | 2.06 x |
| EV / EBITDA | 11.8 x | 13.8 x | 12.7 x | 9.83 x | 13.1 x | 11.4 x | 10.3 x | 9.71 x |
| EV / FCF | 21.6 x | 20.8 x | 34.8 x | 29.2 x | 14.8 x | 21 x | 18.5 x | 16.9 x |
| FCF Yield | 4.64% | 4.8% | 2.87% | 3.42% | 6.74% | 4.77% | 5.4% | 5.91% |
| Price to Book | 3.81 x | 4.33 x | 4.81 x | 3.59 x | 4.24 x | 3.54 x | 3.14 x | 2.99 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 | 71.11 | 71.11 | 71.11 |
| Announcement Date | 20-01-29 | 21-02-02 | 22-02-02 | 23-02-16 | 24-01-30 | - | - | - |
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 | 4,861 | 5,116 | 5,425 |
| EBITDA 1 | 919.9 | 1,018 | 1,308 | 951.5 | 909.5 | 1,002 | 1,079 | 1,149 |
| EBIT 1 | 764 | 857.1 | 1,116 | 809.7 | 738 | 828.6 | 903.2 | 977.3 |
| Operating Margin | 13.25% | 14.07% | 14.58% | 17.14% | 15.95% | 17.04% | 17.66% | 18.01% |
| Earnings before Tax (EBT) 1 | 575.3 | 730.8 | 1,005 | 667.1 | 517.9 | 715.1 | 791.9 | 878.3 |
| Net income 1 | 431.9 | 553.1 | 772.4 | 686.7 | 404.5 | 541.4 | 601.1 | 666.2 |
| Net margin | 7.49% | 9.08% | 10.09% | 14.54% | 8.74% | 11.14% | 11.75% | 12.28% |
| EPS 2 | 3.060 | 3.940 | 5.540 | 5.230 | 3.170 | 4.286 | 4.842 | 5.535 |
| Free Cash Flow 1 | 505.4 | 675.2 | 476.4 | 320.2 | 802.1 | 542.9 | 598.8 | 659 |
| FCF margin | 8.77% | 11.09% | 6.22% | 6.78% | 17.34% | 11.17% | 11.7% | 12.15% |
| FCF Conversion (EBITDA) | 54.94% | 66.35% | 36.42% | 33.65% | 88.19% | 54.18% | 55.48% | 57.35% |
| FCF Conversion (Net income) | 117.02% | 122.08% | 61.68% | 46.63% | 198.29% | 100.27% | 99.61% | 98.92% |
| Dividend per Share 2 | 0.9000 | 0.9600 | 1.040 | 1.070 | - | 0.9843 | 1.016 | 1.073 |
| Announcement Date | 20-01-29 | 21-02-02 | 22-02-02 | 23-02-16 | 24-01-30 | - | - | - |
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 | 1,110 | 1,278 | 1,287 | 1,196 | 1,167 |
| EBITDA 1 | 341.8 | 313.3 | 297.7 | 366.8 | 385.8 | 236 | 174.8 | 235.1 | 266.7 | 233 | 205.6 | 261.4 | 278.4 | 257.2 | 228.6 |
| EBIT 1 | 293.3 | 263.7 | 249.6 | 319.8 | 334.9 | 196.1 | 136.7 | 197.8 | 219.9 | 183.6 | 167.2 | 215.6 | 235 | 214.5 | 184.4 |
| Operating Margin | 14.77% | 13.43% | 13.02% | 15.15% | 16.31% | 17.32% | 13.14% | 17% | 17.44% | 15.81% | 15.07% | 16.87% | 18.25% | 17.94% | 15.8% |
| 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 | 125.2 | 183.8 | 203.6 | 192.4 | 160 |
| Net income 1 | 202.1 | 175.3 | 180.9 | 192 | 204.2 | 109.9 | 84.6 | 102.1 | 136.5 | 81.3 | 96.4 | 146.2 | 156.4 | 140.4 | 116.5 |
| Net margin | 10.17% | 8.93% | 9.44% | 9.1% | 9.94% | 9.71% | 8.13% | 8.77% | 10.82% | 7% | 8.69% | 11.45% | 12.15% | 11.74% | 9.98% |
| EPS 2 | 1.450 | 1.280 | 1.340 | 1.460 | 1.570 | 0.8500 | 0.6600 | 0.8000 | 1.070 | 0.6400 | 0.7600 | 1.153 | 1.231 | 1.127 | 0.9541 |
| 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 | 21-10-26 | 22-02-02 | 22-04-28 | 22-07-27 | 22-10-26 | 23-02-16 | 23-04-26 | 23-07-27 | 23-10-25 | 24-01-30 | 24-04-30 | - | - | - | - |
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 | 2,200 | 1,900 | 1,966 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 1.953 x | 2.116 x | 1.711 x | 2.134 x | 2.533 x | 2.196 x | 1.76 x | 1.711 x |
| Free Cash Flow 1 | 505 | 675 | 476 | 320 | 802 | 543 | 599 | 659 |
| ROE (net income / shareholders' equity) | 22.1% | 22.6% | 27.4% | 21.6% | 22.8% | 22.3% | 22.4% | 23.4% |
| ROA (Net income/ Total Assets) | 8.3% | 8.62% | 10.5% | 9.77% | 6.4% | 8.85% | 9.23% | 9.2% |
| Assets 1 | 5,205 | 6,420 | 7,389 | 7,029 | 6,322 | 6,117 | 6,513 | 7,242 |
| Book Value Per Share 2 | 17.20 | 19.80 | 22.00 | 15.90 | 18.00 | 20.10 | 22.60 | 23.80 |
| Cash Flow per Share 2 | 4.510 | 5.830 | 7.640 | 7.930 | 5.090 | 5.700 | 6.180 | 6.730 |
| Capex 1 | 132 | 149 | 212 | 238 | 254 | 202 | 212 | 183 |
| Capex / Sales | 2.29% | 2.44% | 2.77% | 5.04% | 5.48% | 4.15% | 4.14% | 3.38% |
| Announcement Date | 20-01-29 | 21-02-02 | 22-02-02 | 23-02-16 | 24-01-30 | - | - | - |
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
71.11
USD
Average target price
85.4
USD
Spread / Average Target
+20.10%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -6.61% | 9.19B | |
| +12.00% | 40.08B | |
| +1.62% | 29.83B | |
| +10.45% | 22.3B | |
| +2.39% | 15.08B | |
| +7.67% | 9.62B | |
| +9.80% | 7.85B | |
| +40.20% | 7.64B | |
| -11.18% | 7.38B | |
| +19.48% | 6.66B |
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- Financials Fortune Brands Innovations, Inc.
