Fortune Brands Innovations, Inc. (FBIN)
NYSE: FBIN · IEX Real-Time Price · USD
70.23
+0.20 (0.29%)
May 24, 2024, 4:00 PM EDT - Market closed

FBIN Statistics

Total Valuation

FBIN has a market cap or net worth of $8.78 billion. The enterprise value is $11.61 billion.

Market Cap 8.78B
Enterprise Value 11.61B

Important Dates

The last earnings date was Tuesday, April 30, 2024, after market close.

Earnings Date Apr 30, 2024
Ex-Dividend Date May 23, 2024

Share Statistics

FBIN has 125.08 million shares outstanding. The number of shares has decreased by -1.67% in one year.

Shares Outstanding 125.08M
Shares Change (YoY) -1.67%
Shares Change (QoQ) -0.61%
Owned by Insiders (%) 0.47%
Owned by Institutions (%) 93.02%
Float 123.51M

Valuation Ratios

The trailing PE ratio is 21.48 and the forward PE ratio is 15.76. FBIN's PEG ratio is 3.31.

PE Ratio 21.48
Forward PE 15.76
PS Ratio 1.87
Forward PS 1.76
PB Ratio 3.85
P/FCF Ratio 13.95
PEG Ratio 3.31
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 13.33, with an EV/FCF ratio of 18.43.

EV / Earnings 27.89
EV / Sales 2.47
EV / EBITDA 13.33
EV / EBIT 17.82
EV / FCF 18.43

Financial Position

The company has a current ratio of 2.04, with a Debt / Equity ratio of 1.40.

Current Ratio 2.04
Quick Ratio 0.92
Debt / Equity 1.40
Debt / EBITDA 3.66
Debt / FCF 5.06
Interest Coverage 5.44

Financial Efficiency

Return on equity (ROE) is 18.60% and return on invested capital (ROIC) is 9.14%.

Return on Equity (ROE) 18.60%
Return on Assets (ROA) 6.20%
Return on Capital (ROIC) 9.14%
Revenue Per Employee $401,350
Profits Per Employee $35,581
Employee Count 11,700
Asset Turnover 0.70
Inventory Turnover 2.77

Taxes

In the past 12 months, FBIN has paid $115.50 million in taxes.

Income Tax 115.50M
Effective Tax Rate 21.72%

Stock Price Statistics

The stock price has increased by +12.95% in the last 52 weeks. The beta is 1.64, so FBIN's price volatility has been higher than the market average.

Beta (1Y) 1.64
52-Week Price Change +12.95%
50-Day Moving Average 76.48
200-Day Moving Average 71.91
Relative Strength Index (RSI) 34.75
Average Volume (30 Days) 996,831

Short Selling Information

The latest short interest is 2.71 million, so 2.17% of the outstanding shares have been sold short.

Short Interest 2.71M
Short Previous Month 2.26M
Short % of Shares Out 2.17%
Short % of Float 2.20%
Short Ratio (days to cover) 2.61

Income Statement

In the last 12 months, FBIN had revenue of $4.70 billion and earned $416.30 million in profits. Earnings per share was $3.27.

Revenue 4.70B
Gross Profit 1.99B
Operating Income 638.40M
Pretax Income 531.80M
Net Income 416.30M
EBITDA 870.80M
EBIT 651.50M
Earnings Per Share (EPS) $3.27
Full Income Statement

Balance Sheet

The company has $359.70 million in cash and $3.19 billion in debt, giving a net cash position of -$2.83 billion or -$22.59 per share.

Cash & Cash Equivalents 359.70M
Total Debt 3.19B
Net Cash -2.83B
Net Cash Per Share -$22.59
Equity / Book Value 2.28B
Book Value Per Share 18.23
Working Capital 1.11B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $908.40 million and capital expenditures -$278.50 million, giving a free cash flow of $629.90 million.

Operating Cash Flow 908.40M
Capital Expenditures -278.50M
Free Cash Flow 629.90M
FCF Per Share $4.99
Full Cash Flow Statement

Margins

Gross margin is 42.39%, with operating and profit margins of 13.60% and 8.87%.

Gross Margin 42.39%
Operating Margin 13.60%
Pretax Margin 11.33%
Profit Margin 8.87%
EBITDA Margin 18.54%
EBIT Margin 13.87%
FCF Margin 13.41%

Dividends & Yields

This stock pays an annual dividend of $0.96, which amounts to a dividend yield of 1.37%.

Dividend Per Share $0.96
Dividend Yield 1.37%
Dividend Growth (YoY) 0.15%
Years of Dividend Growth n/a
Payout Ratio 29.36%
Buyback Yield 1.67%
Shareholder Yield 3.04%
Earnings Yield 4.74%
FCF Yield 7.17%
Dividend Details

Analyst Forecast

The average price target for FBIN is $80.63, which is 14.81% higher than the current price. The consensus rating is "Buy".

Price Target $80.63
Price Target Difference 14.81%
Analyst Consensus Buy
Analyst Count 9
Revenue Growth Forecast (5Y) 7.01%
EPS Growth Forecast (5Y) 16.15%
Stock Forecasts

Stock Splits

The last stock split was on December 15, 2022. It was a forward split with a ratio of 117:100.

Last Split Date Dec 15, 2022
Split Type Forward
Split Ratio 117:100

Scores

FBIN has an Altman Z-Score of 2.93 and a Piotroski F-Score of 8. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.93
Piotroski F-Score 8