Fortune Brands' headline numbers weren't pretty, but for us, the highlight of the quarter was the ambitious turnaround plan announced by the new management team. While we are encouraged by the new leadership team's decisiveness, execution remains a key risk.
The R&R market is poised for long-term growth, driven by several secular tailwinds, including the aging housing stock and favorable demographics.
R&R spending and new home construction could materially weaken due to challenging housing affordability, high interest rates, and economic uncertainty. Also, large acquisition deals could destroy shareholder value.
Metric | FBIN | MAS | ASSA B |
|---|---|---|---|
Price/Earnings (Normalized) | 13.01 | 19.85 | 24.28 |
Price/Book Value | 2.60 | — | 3.63 |
Price/Sales | 1.37 | 2.22 | 2.80 |
Price/Cash Flow | 9.56 | 14.41 | 17.81 |
Metric | FBIN | MAS | ASSA B |
|---|---|---|---|
Quick Ratio | 0.73 | 1.12 | 0.65 |
Current Ratio | 1.83 | 1.83 | 1.09 |
Interest Coverage | 2.18 | 13.08 | 8.61 |
Metric | FBIN | MAS | ASSA B |
|---|---|---|---|
Return on Assets (Normalized) | 7.39% | 17.75% | 7.67% |
Return on Equity (Normalized) | 20.21% | — | 15.61% |
Return on Invested Capital (Normalized) | 11.11% | 30.70% | 10.87% |
1-Day Chart | Name | Price | Morningstar Rating for Stocks | Capital Allocation | Economic Moat | Market Cap |
|---|---|---|---|---|---|---|
| Trane Technologies PLC Class A TT | LOCK|^HQJkl | LOCK|?>>Kb | $92B | |||
| Johnson Controls International PLC Registered Shares JCI | LOCK|z!<#j! | LOCK|cz<^S | $85B | |||
| Carrier Global Corp Ordinary Shares CARR | LOCK|m&Bg#w | LOCK|%<bd | $43B | |||
| Compagnie de Saint-Gobain SA CODGF | — | LOCK|Q$ | $42B | |||
| Compagnie de Saint-Gobain SA ADR CODYY | — | LOCK|>? | $42B | |||
| Daikin Industries Ltd ADR DKILY | — | LOCK|$!zM | $40B | |||
| Daikin Industries Ltd DKILF | — | LOCK|bh#^ | $40B | |||
| Masco Corp MAS | LOCK|@@&&vNV | LOCK|vZz | $16B | |||
| Lennox International Inc LII | LOCK|lQS#ff | LOCK|HZ@%< | $12B |
United States