AI Spotlight on FBIN
Company Description
Fortune Brands Innovations, Inc.provides water, outdoor, and security products, including water management, connected products, outdoor living, material conversion, sustainability, safety, and wellness.The company's portfolio of brands comprising Moen, House of Rohl, Aqualisa, Therma-Tru, Larson, Fiberon, Master Lock, and SentrySafe.
Fortune Brands Innovations, Inc.was incorporated in 1988 and is headquartered in Deerfield, Illinois.
Market Data
Last Price | 71.67 |
Change Percentage | -2.21% |
Open | 73.25 |
Previous Close | 73.29 |
Market Cap ( Millions) | 8903 |
Volume | 900820 |
Year High | 90.54 |
Year Low | 62.54 |
M A 50 | 73.66 |
M A 200 | 75.73 |
Financial Ratios
FCF Yield | 4.48% |
Dividend Yield | 1.34% |
ROE | 19.28% |
Debt / Equity | 121.25% |
Net Debt / EBIDTA | 283.56% |
Price To Book | 3.74 |
Price Earnings Ratio | 20.0 |
Price To FCF | 22.31 |
Price To sales | 1.91 |
EV / EBITDA | 12.7 |
News
- Jan -31 - FBIN vs. WSM: Which Stock Is the Better Value Option?
- Jan -22 - Fortune Brands Announces Key Organization and Leadership Changes to Drive Accelerated Growth and Alignment
- Nov -07 - Fortune Brands Innovations: Growth Should Recover In FY25
- Nov -07 - Fortune Brands Innovations, Inc. (FBIN) Q3 2024 Earnings Call Transcript
- Nov -07 - Fortune Brands Innovations (FBIN) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
- Nov -06 - Fortune Brands Innovations (FBIN) Q3 Earnings Beat Estimates
- Nov -06 - Fortune Brands Significantly Expands Margin in the Third Quarter; Executes on Focused Set of Strategic Priorities Amidst a Challenging Environment
- Nov -04 - Countdown to Fortune Brands Innovations (FBIN) Q3 Earnings: A Look at Estimates Beyond Revenue and EPS
- Oct -10 - Moen and FORTNA Celebrate the Opening of NewΒ North Las Vegas Greenfield Distribution Center
- Oct -03 - 2 Retail Home Furnishing Stocks to Watch Defying Industry Challenges
- Oct -01 - Fortune Brands' Moen to be MTH's Exclusive Plumbing Partner
- Oct -01 - Yale's βSecure Startβ Program Helps Cover Renter Home Security Needs
- Sep -30 - Moen Expands Two-Decade-Long Partnership with Meritage Homes as the Exclusive Plumbing Partner
- Aug -01 - Fortune Brands: Good Execution And Interest Rate Cycle Reversal Should Drive Upside
- Aug -01 - Fortune Brands Innovations: Growth Could Be Structurally Higher In Near-Medium Term
- Jul -26 - Fortune Brands Innovations, Inc. (FBIN) Q2 2024 Earnings Call Transcript
- Jul -26 - Here's What Key Metrics Tell Us About Fortune Brands Innovations (FBIN) Q2 Earnings
- Jul -25 - Fortune Brands Innovations (FBIN) Beats Q2 Earnings Estimates
- Jul -18 - Fortune Brands Innovations (FBIN) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
- Jun -26 - Moen Announces Agreement with California Water Efficiency Partnership
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Water
Expected Growth : 4.5 %
What the company do ?
Water from Fortune Brands Innovations, Inc. is a premium water filtration system providing clean drinking water through its innovative products.
Why we expect these perspectives ?
Fortune Brands Innovations, Inc.'s Water segment growth of 4.5% is driven by increasing demand for water conservation solutions, rising adoption of smart home technologies, and growing consumer preference for eco-friendly products. Additionally, strategic acquisitions and expansion into new markets have contributed to the segment's growth.
Segment nΒ°2 -> Outdoors
Expected Growth : 4.8 %
What the company do ?
Outdoors from Fortune Brands Innovations, Inc. offers a range of outdoor living products, including decking, railing, and fencing solutions for homeowners and professionals.
Why we expect these perspectives ?
Outdoors segment of Fortune Brands Innovations, Inc. is driven by increasing consumer spending on outdoor activities, growing demand for outdoor living spaces, and rising popularity of eco-friendly products. Additionally, the company's focus on innovation, strategic acquisitions, and expansion into new markets also contribute to its 4.8% growth.
Segment nΒ°3 -> Security
Expected Growth : 5.2 %
What the company do ?
Fortune Brands Innovations, Inc.'s Security segment provides security and storage products, including Master Lock and SentrySafe brands, offering a range of locks, safes, and security containers.
Why we expect these perspectives ?
Fortune Brands Innovations, Inc.'s 5.2% growth is driven by increasing demand for home and security products, strategic acquisitions, and expansion into new markets. The company's focus on innovation, particularly in smart home technology, has also contributed to its growth. Additionally, the rising need for security and surveillance systems has boosted sales, further solidifying the company's position in the industry.
Fortune Brands Innovations, Inc. Products
Product Range | What is it ? |
---|---|
Moen Faucets | Moen offers a wide range of faucets for kitchens, bathrooms, and bar areas, featuring innovative designs, advanced technologies, and exceptional quality. |
Master Lock Padlocks | Master Lock provides a variety of padlocks, including combination locks, keyed locks, and smart locks, offering superior security and convenience. |
Therma-Tru Doors | Therma-Tru offers a wide range of fiberglass and steel entry doors, patio doors, and door systems, featuring energy efficiency, durability, and style. |
MasterBrand Cabinets | MasterBrand Cabinets provides a wide range of cabinetry solutions, including stock, semi-custom, and custom cabinets, for kitchens, bathrooms, and other rooms. |
Fortune Brands Global Plumbing Group (GPG) | GPG offers a comprehensive range of plumbing products, including faucets, toilets, sinks, and shower systems, from leading brands like Moen, Riobel, and others. |
Fortune Brands Innovations, Inc.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for Fortune Brands Innovations, Inc. is medium due to the presence of alternative products in the market, but the company's strong brand reputation and customer loyalty mitigate this threat.
Bargaining Power Of Customers
The bargaining power of customers is low for Fortune Brands Innovations, Inc. due to the company's strong brand reputation and customer loyalty, which reduces the ability of customers to negotiate prices.
Bargaining Power Of Suppliers
The bargaining power of suppliers is medium for Fortune Brands Innovations, Inc. due to the presence of multiple suppliers in the market, but the company's strong relationships with suppliers mitigate this threat.
Threat Of New Entrants
The threat of new entrants is high for Fortune Brands Innovations, Inc. due to the relatively low barriers to entry in the industry, but the company's strong brand reputation and customer loyalty provide a competitive advantage.
Intensity Of Rivalry
The intensity of rivalry is high for Fortune Brands Innovations, Inc. due to the presence of multiple competitors in the market, but the company's strong brand reputation and customer loyalty provide a competitive advantage.
Capital Structure
Value | |
---|---|
Debt Weight | 54.14% |
Debt Cost | 5.57% |
Equity Weight | 45.86% |
Equity Cost | 12.15% |
WACC | 8.59% |
Leverage | 118.04% |
Fortune Brands Innovations, Inc. : Quality Control
Fortune Brands Innovations, Inc. passed 6 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
Company | Rational |
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LPX | Louisiana-Pacific Corporation, together with its subsidiaries, manufactures and markets building products primarily for use in new home construction, repair and remodeling, and outdoor structure markets. It operates through four segments: β¦ |
WMS | Advanced Drainage Systems, Inc. designs, manufactures, and markets thermoplastic corrugated pipes and related water management products, and drainage solutions for use in the underground construction and infrastructure marketplace in the β¦ |
AAON | AAON, Inc., together with its subsidiaries, engages in engineering, manufacturing, marketing, and selling air conditioning and heating equipment in the United States and Canada. The company operates through three segments: β¦ |
BECN | Beacon Roofing Supply, Inc., together with its subsidiaries, distributes residential and non-residential roofing materials, and complementary building products to contractors, home builders, building owners, lumberyards, and retailers. It offers pitched β¦ |
TREX | Trex Company, Inc. manufactures and distributes decking, railing, and outdoor living products and accessories for residential and commercial markets in the United States. The company operates in two segments, Trex β¦ |