H.B. Fuller
Market Cap
US$2.4b
Last Updated
2020/10/30 04:04 UTC
Data Sources
Company Financials +
Executive Summary
H.B. Fuller Company, together with its subsidiaries, formulates, manufactures, and markets adhesives, sealants, coatings, polymers, tapes, encapsulants, additives, and other specialty chemical products worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Average dividend payer and fair value.
Similar Companies
Share Price & News
How has H.B. Fuller's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FUL has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-7.3%
FUL
-4.6%
US Chemicals
-4.1%
US Market
1 Year Return
-9.3%
FUL
2.7%
US Chemicals
12.0%
US Market
Return vs Industry: FUL underperformed the US Chemicals industry which returned 2.7% over the past year.
Return vs Market: FUL underperformed the US Market which returned 12% over the past year.
Shareholder returns
| FUL | Industry | Market | |
|---|---|---|---|
| 7 Day | -7.3% | -4.6% | -4.1% |
| 30 Day | 0.4% | -0.5% | -0.2% |
| 90 Day | 1.3% | 3.0% | 2.8% |
| 1 Year | -7.9%-9.3% | 5.1%2.7% | 14.6%12.0% |
| 3 Year | -14.2%-17.6% | 10.1%-10.2% | 35.8%26.8% |
| 5 Year | 23.2%15.5% | 55.0%19.3% | 75.2%55.6% |
Price Volatility Vs. Market
How volatile is H.B. Fuller's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Should You Think About Buying H.B. Fuller Company (NYSE:FUL) Now?3 weeks ago | Simply Wall St
H.B. Fuller Company (NYSE:FUL) Looks Interesting, And It's About To Pay A DividendValuation
Is H.B. Fuller undervalued compared to its fair value and its price relative to the market?
12.6%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FUL ($45.95) is trading below our estimate of fair value ($52.55)
Significantly Below Fair Value: FUL is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: FUL is good value based on its PE Ratio (20.6x) compared to the US Chemicals industry average (25.3x).
PE vs Market: FUL is poor value based on its PE Ratio (20.6x) compared to the US market (18.1x).
Price to Earnings Growth Ratio
PEG Ratio: FUL is good value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: FUL's PB Ratio (1.8x) is in line with the US Chemicals industry average.
Next Steps
Future Growth
How is H.B. Fuller forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
21.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FUL's forecast earnings growth (21.7% per year) is above the savings rate (2.2%).
Earnings vs Market: FUL's earnings (21.7% per year) are forecast to grow slower than the US market (22% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: FUL's revenue (3.6% per year) is forecast to grow slower than the US market (10% per year).
High Growth Revenue: FUL's revenue (3.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FUL's Return on Equity is forecast to be low in 3 years time (12.6%).
Next Steps
Past Performance
How has H.B. Fuller performed over the past 5 years?
7.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FUL has high quality earnings.
Growing Profit Margin: FUL's current net profit margins (4.2%) are lower than last year (4.8%).
Past Earnings Growth Analysis
Earnings Trend: FUL's earnings have grown by 7.8% per year over the past 5 years.
Accelerating Growth: FUL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: FUL had negative earnings growth (-17.5%) over the past year, making it difficult to compare to the Chemicals industry average (-19.3%).
Return on Equity
High ROE: FUL's Return on Equity (8.8%) is considered low.
Next Steps
Financial Health
How is H.B. Fuller's financial position?
Financial Position Analysis
Short Term Liabilities: FUL's short term assets ($989.4M) exceed its short term liabilities ($455.4M).
Long Term Liabilities: FUL's short term assets ($989.4M) do not cover its long term liabilities ($2.2B).
Debt to Equity History and Analysis
Debt Level: FUL's debt to equity ratio (145.1%) is considered high.
Reducing Debt: FUL's debt to equity ratio has increased from 80.1% to 145.1% over the past 5 years.
Debt Coverage: FUL's debt is not well covered by operating cash flow (15.8%).
Interest Coverage: FUL's interest payments on its debt are well covered by EBIT (7.3x coverage).
Balance Sheet
Next Steps
Dividend
What is H.B. Fuller current dividend yield, its reliability and sustainability?
1.41%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FUL's dividend (1.41%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.69%).
High Dividend: FUL's dividend (1.41%) is low compared to the top 25% of dividend payers in the US market (4.78%).
Stability and Growth of Payments
Stable Dividend: FUL's dividends per share have been stable in the past 10 years.
Growing Dividend: FUL's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (28.9%), FUL's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: FUL's dividends in 3 years are forecast to be well covered by earnings (17.5% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.6yrs
Average management tenure
CEO
Jim Owens (55 yo)
9.92yrs
Tenure
US$5,792,948
Compensation
Mr. James J. Owens, also known as Jim, has been the Chief Executive Officer and President of H.B. Fuller Company since November 22, 2010. Mr. Owens served as the Senior Vice President of North America Regi ...
CEO Compensation Analysis
Compensation vs Market: Jim's total compensation ($USD0.00) is below average for companies of similar size in the US market ($USD4.53M).
Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 9.92yrs | US$5.79m | 0.39% $ 9.4m | |
| Executive VP & CFO | 4.42yrs | US$1.44m | 0.055% $ 1.3m | |
| Vice President of Global Business Process Improvement | 8.92yrs | US$1.31m | 0.030% $ 721.7k | |
| Executive VP & Chief Operating Officer | 1yr | no data | 0.019% $ 459.5k | |
| Vice President of Investor Relations | 2.17yrs | no data | no data | |
| VP, General Counsel & Corporate Secretary | 14.83yrs | US$598.25k | 0.043% $ 1.0m | |
| Vice President of Human Resources & Communications | 0.75yr | no data | 0.013% $ 304.5k | |
| Senior Vice President of Emerging Markets | 11yrs | US$1.09m | no data | |
| Executive Vice President of Engineering Adhesives | 2.75yrs | US$1.49m | 0.047% $ 1.1m | |
| Executive Vice President of Hygiene | 1yr | no data | 0.015% $ 356.3k | |
| Senior Vice President of Global Construction Adhesives | 1.75yrs | no data | no data | |
| VP & Corporate Controller | 6.75yrs | no data | 0.019% $ 461.4k |
3.6yrs
Average Tenure
55yo
Average Age
Experienced Management: FUL's management team is considered experienced (3.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 9.92yrs | US$5.79m | 0.39% $ 9.4m | |
| Independent Director | 16.83yrs | US$225.00k | 0.029% $ 687.5k | |
| Independent Director | 2.25yrs | US$233.39k | no data | |
| Independent Chairman & Presiding Director | 13.83yrs | US$304.20k | 0.083% $ 2.0m | |
| Independent Director | 8.08yrs | US$205.00k | 0.0026% $ 61.6k | |
| Independent Vice Chairman | 9.75yrs | US$264.50k | 0% $ 0 | |
| Independent Director | 10.25yrs | US$214.11k | 0.0026% $ 61.8k | |
| Independent Director | 7yrs | US$214.00k | 0.0026% $ 61.8k | |
| Independent Director | 7.75yrs | US$205.91k | 0.0026% $ 62.0k |
9.8yrs
Average Tenure
57yo
Average Age
Experienced Board: FUL's board of directors are considered experienced (9.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: FUL insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
H.B. Fuller Company's company bio, employee growth, exchange listings and data sources
Key Information
- Name: H.B. Fuller Company
- Ticker: FUL
- Exchange: NYSE
- Founded: 1887
- Industry: Specialty Chemicals
- Sector: Materials
- Market Cap: US$2.377b
- Shares outstanding: 51.74m
- Website: https://www.hbfuller.com
Number of Employees
Location
- H.B. Fuller Company
- 1200 Willow Lake Boulevard
- PO Box 64683
- Saint Paul
- Minnesota
- 55110-5101
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| FUL | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Jan 1980 |
| HB1 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jan 1980 |
Biography
H.B. Fuller Company, together with its subsidiaries, formulates, manufactures, and markets adhesives, sealants, coatings, polymers, tapes, encapsulants, additives, and other specialty chemical products wor ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/30 04:04 |
| End of Day Share Price | 2020/10/29 00:00 |
| Earnings | 2020/08/29 |
| Annual Earnings | 2019/11/30 |
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.