Since spinning off from its holding company Fortune Brands in 2011, Fortune Brands Innovations has achieved solid top-line growth and improved profitability. Its improved financial performance has been the result of a successful operating strategy overlaying a backdrop of strengthening new home construction and repair and remodel, or R&R, spending.
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 conditions and elevated economic uncertainty, pressuring Fortune Brands' sales growth and profitability.
|
Metric
|
FBIN
|
ALLE
|
MAS
|
|---|---|---|---|
Price/Earnings (Normalized) | 18.77 | 17.94 | 17.69 |
Price/Book Value | 4.03 | 8.08 | — |
Price/Sales | 2.02 | 3.04 | 1.98 |
Price/Cash Flow | 14.33 | 17.79 | 13.06 |
|
Metric
|
FBIN
|
ALLE
|
MAS
|
|---|---|---|---|
Quick Ratio | 0.75 | 0.82 | 1.02 |
Current Ratio | 1.70 | 1.31 | 1.74 |
Interest Coverage | 5.32 | 7.63 | 12.98 |
|
Metric
|
FBIN
|
ALLE
|
MAS
|
|---|---|---|---|
Return on Assets (Normalized) | 7.92% | 14.53% | 16.54% |
Return on Equity (Normalized) | 23.46% | 50.34% | — |
Return on Invested Capital (Normalized) | 11.57% | 20.97% | 28.32% |
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
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