Fortune Brands Innovations Inc
FBIN: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| Cz% | LOCK|@vRx | LOCK|w#%W>F |
Fortune Brand's Margin Profile Should Recover Amid a Better Environment; Shares Are Cheap
Business Strategy and Outlook
Fortune Brands is a homebuilding products company that sells faucets, doors, locks, and other items found in many American homes. Fortune Brands’ water segment includes the Moen brand, which holds a leading market share in the American market. The water segment makes up over 60% of operating income and will be the main driver of the business. The outdoor (doors, decking, and railing) and security (locks and security products) segments make up the remaining business.
