| Snowflake Score | |
|---|---|
| Valuation | 6/6 |
| Future Growth | 2/6 |
| Past Performance | 2/6 |
| Financial Health | 2/6 |
| Dividends | 3/6 |
FBHS Stock Overview
Fortune Brands Home & Security, Inc. provides home and security products for residential home repair, remodeling, new construction, and security applications.
Fortune Brands Home & Security Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$55.81 |
| 52 Week High | US$109.23 |
| 52 Week Low | US$53.42 |
| Beta | 1.57 |
| 1 Month Change | -7.84% |
| 3 Month Change | -11.36% |
| 1 Year Change | -38.94% |
| 3 Year Change | -0.75% |
| 5 Year Change | -15.44% |
| Change since IPO | 305.01% |
Recent News & Updates
Does Fortune Brands Home & Security (NYSE:FBHS) Have A Healthy Balance Sheet?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Fortune Brands Home & Security declares $0.28 dividend
Fortune Brands Home & Security (NYSE:FBHS) declares $0.28/share quarterly dividend, in line with previous. Forward yield 1.98% Payable Dec. 14; for shareholders of record Nov. 25; ex-div Nov. 23. See FBHS Dividend Scorecard, Yield Chart, & Dividend Growth.
Why Fortune Brands Home & Security, Inc. (NYSE:FBHS) Could Be Worth Watching
While Fortune Brands Home & Security, Inc. ( NYSE:FBHS ) might not be the most widely known stock at the moment, it...
Shareholder Returns
| FBHS | US Building | US Market | |
|---|---|---|---|
| 7D | 3.5% | -0.6% | -2.5% |
| 1Y | -38.9% | -24.3% | -23.2% |
Return vs Industry: FBHS underperformed the US Building industry which returned -24.3% over the past year.
Return vs Market: FBHS underperformed the US Market which returned -23.2% over the past year.
Price Volatility
| FBHS volatility | |
|---|---|
| FBHS Average Weekly Movement | 5.1% |
| Building Industry Average Movement | 5.3% |
| Market Average Movement | 6.8% |
| 10% most volatile stocks in US Market | 15.5% |
| 10% least volatile stocks in US Market | 2.8% |
Stable Share Price: FBHS is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: FBHS's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1988 | 28,000 | Nick Fink | https://www.fbhs.com |
Fortune Brands Home & Security, Inc. provides home and security products for residential home repair, remodeling, new construction, and security applications. It operates in three segments: Plumbing, Outdoors & Security, and Cabinets. The Plumbing segment manufactures, assembles, and sells faucets, accessories, kitchen sinks, and waste disposals under the Moen, ROHL, Riobel, Victoria+Albert, Perrin & Rowe, and Shaws brands in the United States, China, Canada, Mexico, Southeast Asia, Europe, and South America directly through its own sales force, as well as through independent manufacturers’ representatives to wholesalers, home centers, mass merchandisers, and industrial distributors.
Fortune Brands Home & Security Fundamentals Summary
| FBHS fundamental statistics | |
|---|---|
| Market Cap | US$7.22b |
| Earnings (TTM) | US$750.30m |
| Revenue (TTM) | US$7.98b |
9.6x
P/E Ratio0.9x
P/S RatioIs FBHS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FBHS income statement (TTM) | |
|---|---|
| Revenue | US$7.98b |
| Cost of Revenue | US$5.14b |
| Gross Profit | US$2.84b |
| Other Expenses | US$2.09b |
| Earnings | US$750.30m |
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 5.80 |
| Gross Margin | 35.63% |
| Net Profit Margin | 9.41% |
| Debt/Equity Ratio | 113.7% |
How did FBHS perform over the long term?
See historical performance and comparisonDividends
2.0%
Current Dividend Yield19%
Payout RatioDoes FBHS pay a reliable dividends?
See FBHS dividend history and benchmarks| Fortune Brands Home & Security dividend dates | |
|---|---|
| Ex Dividend Date | Nov 23 2022 |
| Dividend Pay Date | Dec 14 2022 |
| Days until Ex dividend | 50 days |
| Days until Dividend pay date | 71 days |
Does FBHS pay a reliable dividends?
See FBHS dividend history and benchmarksValuation
Is FBHS undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
6/6Valuation Score 6/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast
Key Valuation Metric
Which metric is best to use when looking at relative valuation for FBHS?
Other financial metrics that can be useful for relative valuation.
| What is FBHS's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | US$7.22b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 1.3x |
| Enterprise Value/EBITDA | 7.9x |
| PEG Ratio | 2.2x |
Price to Earnings Ratio vs Peers
How does FBHS's PE Ratio compare to its peers?
| FBHS PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 14.2x | ||
OC Owens Corning | 6.9x | -3.4% | US$7.9b |
AOS A. O. Smith | 15.1x | 4.7% | US$7.8b |
LII Lennox International | 17.2x | 6.8% | US$8.1b |
ALLE Allegion | 17.5x | 13.2% | US$8.1b |
FBHS Fortune Brands Home & Security | 9.6x | 4.5% | US$7.2b |
Price-To-Earnings vs Peers: FBHS is good value based on its Price-To-Earnings Ratio (9.6x) compared to the peer average (14.2x).
Price to Earnings Ratio vs Industry
How does FBHS's PE Ratio compare vs other companies in the US Building Industry?
Price-To-Earnings vs Industry: FBHS is good value based on its Price-To-Earnings Ratio (9.6x) compared to the US Building industry average (14.5x)
Price to Earnings Ratio vs Fair Ratio
What is FBHS's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 9.6x |
| Fair PE Ratio | 18.2x |
Price-To-Earnings vs Fair Ratio: FBHS is good value based on its Price-To-Earnings Ratio (9.6x) compared to the estimated Fair Price-To-Earnings Ratio (18.2x).
Share Price vs Fair Value
What is the Fair Price of FBHS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: FBHS ($55.81) is trading below our estimate of fair value ($119.71)
Significantly Below Fair Value: FBHS is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.
Discover undervalued companies
Future Growth
How is Fortune Brands Home & Security forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?
Future Growth Score
2/6Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
4.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FBHS's forecast earnings growth (4.5% per year) is above the savings rate (1.9%).
Earnings vs Market: FBHS's earnings (4.5% per year) are forecast to grow slower than the US market (14.8% per year).
High Growth Earnings: FBHS's earnings are forecast to grow, but not significantly.
Revenue vs Market: FBHS's revenue (2.3% per year) is forecast to grow slower than the US market (7.7% per year).
High Growth Revenue: FBHS's revenue (2.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FBHS's Return on Equity is forecast to be high in 3 years time (22.3%)
Discover growth companies
Past Performance
How has Fortune Brands Home & Security performed over the past 5 years?
Past Performance Score
2/6Past Performance Score 2/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
13.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FBHS has high quality earnings.
Growing Profit Margin: FBHS's current net profit margins (9.4%) are lower than last year (10.3%).
Past Earnings Growth Analysis
Earnings Trend: FBHS's earnings have grown by 13.7% per year over the past 5 years.
Accelerating Growth: FBHS's earnings growth over the past year (3.7%) is below its 5-year average (13.7% per year).
Earnings vs Industry: FBHS earnings growth over the past year (3.7%) underperformed the Building industry 32.2%.
Return on Equity
High ROE: Whilst FBHS's Return on Equity (25.41%) is high, this metric is skewed due to their high level of debt.
Discover strong past performing companies
Financial Health
How is Fortune Brands Home & Security's financial position?
Financial Health Score
2/6Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: FBHS's short term assets ($3.1B) exceed its short term liabilities ($1.4B).
Long Term Liabilities: FBHS's short term assets ($3.1B) do not cover its long term liabilities ($3.9B).
Debt to Equity History and Analysis
Debt Level: FBHS's net debt to equity ratio (101.5%) is considered high.
Reducing Debt: FBHS's debt to equity ratio has increased from 54.2% to 113.7% over the past 5 years.
Debt Coverage: FBHS's debt is not well covered by operating cash flow (13.9%).
Interest Coverage: FBHS's interest payments on its debt are well covered by EBIT (12x coverage).
Balance Sheet
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Dividend
What is Fortune Brands Home & Security current dividend yield, its reliability and sustainability?
Dividend Score
3/6Dividend Score 3/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
2.01%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
| Fortune Brands Home & Security Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (Fortune Brands Home & Security) | 2.0% |
| Market Bottom 25% (US) | 1.7% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Building) | 1.8% |
| Analyst forecast in 3 Years (Fortune Brands Home & Security) | 2.1% |
Notable Dividend: FBHS's dividend (2.01%) is higher than the bottom 25% of dividend payers in the US market (1.67%).
High Dividend: FBHS's dividend (2.01%) is low compared to the top 25% of dividend payers in the US market (4.75%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, FBHS has been paying a dividend for less than 10 years.
Growing Dividend: FBHS's dividend payments have increased, but the company has only paid a dividend for 9 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.3%), FBHS's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (71%), FBHS's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
2.8yrs
Average management tenure
CEO
Nick Fink (47 yo)
2.75yrs
Tenure
US$10,170,381
Compensation
Mr. Nicholas Ian Fink, also known as Nick, serves as Independent Director at Constellation Brands, Inc. since January 4, 2021. He serves as Chief Executive Officer and Director of Fortune Brands Home & Sec...
CEO Compensation Analysis
| Nick Fink's Compensation vs Fortune Brands Home & Security Earnings |
|---|
| Date | Total Comp. | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2022 | n/a | n/a | US$750m |
| Mar 31 2022 | n/a | n/a | US$776m |
| Dec 31 2021 | US$10m | US$1m | US$772m |
| Sep 30 2021 | n/a | n/a | US$761m |
| Jun 30 2021 | n/a | n/a | US$723m |
| Mar 31 2021 | n/a | n/a | US$622m |
| Dec 31 2020 | US$10m | US$1m | US$553m |
| Sep 30 2020 | n/a | n/a | US$494m |
| Jun 30 2020 | n/a | n/a | US$435m |
| Mar 31 2020 | n/a | n/a | US$456m |
| Dec 31 2019 | US$5m | US$805k | US$432m |
| Sep 30 2019 | n/a | n/a | US$413m |
| Jun 30 2019 | n/a | n/a | US$407m |
| Mar 31 2019 | n/a | n/a | US$399m |
| Dec 31 2018 | US$3m | US$568k | US$390m |
| Sep 30 2018 | n/a | n/a | US$433m |
| Jun 30 2018 | n/a | n/a | US$462m |
| Mar 31 2018 | n/a | n/a | US$473m |
| Dec 31 2017 | US$2m | US$531k | US$475m |
| Sep 30 2017 | n/a | n/a | US$452m |
| Jun 30 2017 | n/a | n/a | US$444m |
| Mar 31 2017 | n/a | n/a | US$429m |
| Dec 31 2016 | US$2m | US$506k | US$412m |
| Sep 30 2016 | n/a | n/a | US$396m |
| Jun 30 2016 | n/a | n/a | US$373m |
| Mar 31 2016 | n/a | n/a | US$326m |
| Dec 31 2015 | US$3m | US$283k | US$306m |
Compensation vs Market: Nick's total compensation ($USD10.17M) is about average for companies of similar size in the US market ($USD8.66M).
Compensation vs Earnings: Nick's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: FBHS's management team is considered experienced (2.8 years average tenure).
Board Members
Experienced Board: FBHS's board of directors are considered experienced (9 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: FBHS insiders have only sold shares in the past 3 months.
Recent Insider Transactions
| Date | Value | Name | Entity | Role | Shares | Max Price |
|---|---|---|---|---|---|---|
| 14 Sep 22 | SellUS$120,000 | Allan MacKay | Individual | 2,000 | US$60.00 | |
| 07 Feb 22 | SellUS$380,531 | Martin Thomas | Individual | 4,262 | US$89.28 |
Ownership Breakdown
| Owner Type | Number of Shares | Ownership Percentage |
|---|---|---|
| State or Government | 55,237 | 0.04% |
| Individual Insiders | 646,020 | 0.5% |
| General Public | 15,343,524 | 11.9% |
| Institutions | 113,272,203 | 87.6% |
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
| Ownership | Name | Shares | Current Value | Change % | Portfolio % | |
|---|---|---|---|---|---|---|
| 14,518,213 | $810.3m | -2.09% | 0.02% | |||
| 10,427,192 | $581.9m | -3.81% | 0.01% | |||
| 6,180,644 | $344.9m | -43.14% | 0.03% | |||
| 5,864,057 | $327.3m | -3.62% | 0.02% | |||
| 5,712,582 | $318.8m | -5.63% | 0.06% | |||
| 4,403,782 | $245.8m | 3.12% | 0.05% | |||
| 4,175,027 | $233.0m | -0.9% | 0.21% | |||
| 2,560,351 | $142.9m | -1.38% | 0.02% | |||
| 1,942,747 | $108.4m | 0.94% | 0.03% | |||
| 1,656,315 | $92.4m | 2.93% | 0.58% | |||
| 1,525,566 | $85.1m | 20.4% | 0.03% | |||
| 1,454,995 | $81.2m | 2.13% | 0.51% | |||
| 1,395,641 | $77.9m | -5.94% | 0.02% | |||
| 1,370,543 | $76.5m | 2.96% | 0.02% | |||
| 1,313,266 | $73.3m | 32.93% | 0.06% | |||
| 1,276,072 | $71.2m | 0% | 0.01% | |||
| 1,245,993 | $69.5m | 42.92% | 0.01% | |||
| 1,225,303 | $68.4m | -5.94% | 0.02% | |||
| 1,062,213 | $59.3m | 584.09% | 0.16% | |||
| 1,041,700 | $58.1m | 12.95% | 0.54% | |||
| 1,009,348 | $56.3m | -0.86% | 0.01% | |||
| 1,006,144 | $56.2m | -2.73% | 0.02% | |||
| 929,802 | $51.9m | 0% | 0.23% | |||
| 897,045 | $50.1m | -2.21% | 0.09% | |||
| 892,712 | $49.8m | 92.14% | 0.06% |
Company Information
Fortune Brands Home & Security, Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Fortune Brands Home & Security, Inc.
- Ticker: FBHS
- Exchange: NYSE
- Founded: 1988
- Industry: Building Products
- Sector: Capital Goods
- Implied Market Cap: US$7.217b
- Shares outstanding: 129.32m
- Website: https://www.fbhs.com
Number of Employees
Location
- Fortune Brands Home & Security, Inc.
- 520 Lake Cook Road
- Suite 300
- Deerfield
- Illinois
- 60015-5611
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| FBHS | NYSE (New York Stock Exchange) | Yes | Common Shares | US | USD | Sep 2011 |
| 2FB | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Sep 2011 |
| 0IRN | LSE (London Stock Exchange) | Yes | Common Shares | GB | USD | Sep 2011 |
| F1BH34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR EACH REPR 1 SHS UNSPON | BR | BRL | Jan 2020 |
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/10/03 00:00 |
| End of Day Share Price | 2022/10/03 00:00 |
| Earnings | 2022/06/30 |
| Annual Earnings | 2021/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.