Financials H.B. Fuller Company BOERSE MUENCHEN

Equities

HB1

US3596941068

Specialty Chemicals

Market Closed - BOERSE MUENCHEN 15:44:13 2024-06-28 EDT 5-day change 1st Jan Change
72 EUR +1.41% Intraday chart for H.B. Fuller Company -1.37% -3.36%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 2,525 2,716 3,970 4,283 4,154 4,196 - -
Enterprise Value (EV) 1 4,392 4,389 5,525 5,968 5,811 5,973 5,751 5,599
P/E ratio 19.7 x 22.2 x 23.4 x - 29.7 x 20 x 18 x 15.9 x
Yield 1.28% 1.23% 0.88% 0.92% 1.05% 1.11% 1.17% 1.21%
Capitalization / Revenue 0.87 x 0.97 x 1.21 x - 1.18 x 1.16 x 1.11 x 1.05 x
EV / Revenue 1.52 x 1.57 x 1.69 x - 1.66 x 1.65 x 1.52 x 1.4 x
EV / EBITDA 10.2 x 10.8 x 11.8 x - 10 x 9.51 x 8.49 x 7.77 x
EV / FCF 21.2 x 18 x 47.1 x 47.2 x 22.4 x 29.4 x 22.9 x 22.4 x
FCF Yield 4.71% 5.57% 2.12% 2.12% 4.46% 3.4% 4.36% 4.47%
Price to Book 2.08 x 1.97 x 2.48 x 2.68 x 2.37 x 2.24 x 2.07 x -
Nbr of stocks (in thousands) 50,982 51,736 52,554 53,313 54,021 54,522 - -
Reference price 2 49.52 52.49 75.54 80.33 76.89 76.96 76.96 76.96
Announcement Date 1/22/20 1/25/21 1/19/22 1/18/23 1/17/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,897 2,790 3,278 - 3,511 3,612 3,785 3,996
EBITDA 1 432.3 406.8 466.9 - 580.8 628 677.7 721
EBIT 1 292.2 268.6 324.9 - 422.4 455.8 499.9 542.5
Operating Margin 10.09% 9.63% 9.91% - 12.03% 12.62% 13.21% 13.58%
Earnings before Tax (EBT) 172.8 158.4 216.9 - 234.2 - - -
Net income 1 130.8 123.7 175.2 - 144.9 217.8 243.4 274.8
Net margin 4.52% 4.43% 5.35% - 4.13% 6.03% 6.43% 6.88%
EPS 2 2.520 2.360 3.230 - 2.590 3.850 4.283 4.834
Free Cash Flow 1 207 244.3 117.2 126.6 259.3 203.2 250.8 250
FCF margin 7.15% 8.75% 3.58% - 7.38% 5.63% 6.63% 6.26%
FCF Conversion (EBITDA) 47.88% 60.05% 25.11% - 44.64% 32.37% 37.01% 34.67%
FCF Conversion (Net income) 158.24% 197.44% 66.89% - 178.92% 93.31% 103.07% 90.98%
Dividend per Share 2 0.6350 0.6480 0.6650 0.7380 0.8050 0.8505 0.8988 0.9301
Announcement Date 1/22/20 1/25/21 1/19/22 1/18/23 1/17/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 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 2025 Q2 2025 Q3
Net sales 1 856.5 993.3 941.2 - 809.2 898.2 900.6 902.9 810.4 917.1 939.4 942.7 890.1 989.7 1,009
EBITDA 1 112.8 138.6 137.7 - 109.7 142.8 155.8 172.6 123 157.2 171.1 179.8 145.5 178.9 188.3
EBIT 1 76.97 101.9 101.2 - 71.76 103.7 114 132.9 81.92 117.3 126 133.8 - - -
Operating Margin 8.99% 10.26% 10.75% - 8.87% 11.55% 12.65% 14.73% 10.11% 12.79% 13.41% 14.19% - - -
Earnings before Tax (EBT) 46.88 69.78 73.2 - 30.47 58.56 58.9 86.24 37.78 - - - - - -
Net income 1 38.31 47.2 46.5 - 21.89 40.4 37.63 44.99 30.99 51.26 62 73 - - -
Net margin 4.47% 4.75% 4.94% - 2.71% 4.5% 4.18% 4.98% 3.82% 5.59% 6.6% 7.74% - - -
EPS 2 0.6900 0.8600 0.8400 - 0.3900 0.7300 0.6700 0.8000 0.5500 0.9100 1.104 1.300 - - -
Dividend per Share 2 0.1675 0.1900 0.1900 0.1900 0.1900 0.2050 0.2050 0.2050 0.2050 0.2230 0.2230 0.2230 - - -
Announcement Date 3/23/22 6/22/22 9/21/22 1/18/23 3/29/23 6/28/23 9/27/23 1/17/24 3/27/24 6/26/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 1,867 1,673 1,555 1,685 1,657 1,777 1,555 1,403
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 4.318 x 4.113 x 3.33 x - 2.853 x 2.83 x 2.295 x 1.946 x
Free Cash Flow 1 207 244 117 127 259 203 251 250
ROE (net income / shareholders' equity) 12.9% 11.4% 12.6% 13.7% 12.9% 13.8% 14% 19.7%
ROA (Net income/ Total Assets) 3.21% 3.71% 4.22% 4.13% 4.7% 5.18% 5.54% 9.35%
Assets 1 4,081 3,333 4,156 - 3,083 4,207 4,389 2,940
Book Value Per Share 2 23.90 26.60 30.50 30.00 32.40 34.40 37.20 -
Cash Flow per Share 2 5.170 6.310 3.930 4.640 6.760 5.680 6.220 45.90
Capex 1 62 87.3 96.1 130 119 142 145 150
Capex / Sales 2.14% 3.13% 2.93% - 3.39% 3.92% 3.84% 3.75%
Announcement Date 1/22/20 1/25/21 1/19/22 1/18/23 1/17/24 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
6
Last Close Price
76.96 USD
Average target price
87 USD
Spread / Average Target
+13.05%
Consensus
  1. Stock Market
  2. Equities
  3. FUL Stock
  4. HB1 Stock
  5. Financials H.B. Fuller Company