| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 2/6 |
| Past Performance | 3/6 |
| Financial Health | 2/6 |
| Dividends | 4/6 |
FUL Stock Overview
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.
H.B. Fuller Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$67.03 |
| 52 Week High | US$81.73 |
| 52 Week Low | US$59.17 |
| Beta | 1.6 |
| 1 Month Change | -4.65% |
| 3 Month Change | -6.19% |
| 1 Year Change | -1.14% |
| 3 Year Change | 55.02% |
| 5 Year Change | 30.84% |
| Change since IPO | 1,667.82% |
Recent News & Updates
H.B. Fuller (NYSE:FUL) Takes On Some Risk With Its Use Of Debt
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Shareholder Returns
| FUL | US Chemicals | US Market | |
|---|---|---|---|
| 7D | 3.4% | 6.2% | 2.7% |
| 1Y | -1.1% | -2.4% | -8.1% |
Return vs Industry: FUL exceeded the US Chemicals industry which returned -6.4% over the past year.
Return vs Market: FUL exceeded the US Market which returned -10.8% over the past year.
Price Volatility
| FUL volatility | |
|---|---|
| FUL Average Weekly Movement | 4.5% |
| Chemicals Industry Average Movement | 7.1% |
| Market Average Movement | 7.8% |
| 10% most volatile stocks in US Market | 16.9% |
| 10% least volatile stocks in US Market | 2.9% |
Stable Share Price: FUL is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: FUL's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1887 | 6,500 | Jim Owens | https://www.hbfuller.com |
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. The company operates through three segments: Hygiene, Health and Consumable Adhesives; Engineering Adhesives; and Construction Adhesives. The Hygiene, Health and Consumable Adhesives segment produces and supplies specialty industrial adhesives such as, thermoplastic, thermoset, reactive, and water-based and solvent-based products for applications in various markets, including food and beverage containers, flexible packaging, consumer goods, package integrity and re-enforcement, and non-durable goods; corrugation, folding carton, tape and label, paper converting, envelopes, books, multi-wall bags, sacks, and tissue and towel; disposable diapers, feminine care, and medical garments; and health and beauty.
H.B. Fuller Fundamentals Summary
| FUL fundamental statistics | |
|---|---|
| Market Cap | US$3.40b |
| Earnings (TTM) | US$169.91m |
| Revenue (TTM) | US$3.41b |
20.9x
P/E Ratio1.0x
P/S RatioIs FUL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FUL income statement (TTM) | |
|---|---|
| Revenue | US$3.41b |
| Cost of Revenue | US$2.54b |
| Gross Profit | US$865.24m |
| Other Expenses | US$695.33m |
| Earnings | US$169.91m |
Last Reported Earnings
Feb 26, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 3.20 |
| Gross Margin | 25.38% |
| Net Profit Margin | 4.98% |
| Debt/Equity Ratio | 117.9% |
How did FUL perform over the long term?
See historical performance and comparisonDividends
1.1%
Current Dividend Yield21%
Payout RatioValuation
Is H.B. Fuller undervalued compared to its fair value and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry
34.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FUL ($67.03) is trading below our estimate of fair value ($102.36)
Significantly Below Fair Value: FUL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: FUL is poor value based on its PE Ratio (20.9x) compared to the US Chemicals industry average (16.9x).
PE vs Market: FUL is poor value based on its PE Ratio (20.9x) compared to the US market (15.5x).
Price to Earnings Growth Ratio
PEG Ratio: FUL is poor value based on its PEG Ratio (1.4x)
Price to Book Ratio
PB vs Industry: FUL's PB Ratio (2.2x) is in line with the US Chemicals industry average.
Future Growth
How is H.B. Fuller forecast to perform in the next 1 to 3 years based on estimates from 7 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
14.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FUL's forecast earnings growth (14.5% per year) is above the savings rate (1.9%).
Earnings vs Market: FUL's earnings (14.5% per year) are forecast to grow faster than the US market (12.5% per year).
High Growth Earnings: FUL's earnings are forecast to grow, but not significantly.
Revenue vs Market: FUL's revenue (4.1% per year) is forecast to grow slower than the US market (7.9% per year).
High Growth Revenue: FUL's revenue (4.1% 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 (14.9%).
Past Performance
How has H.B. Fuller performed over the past 5 years?
Past Performance Score
3/6Past Performance Score 3/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
8.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FUL has high quality earnings.
Growing Profit Margin: FUL's current net profit margins (5%) are lower than last year (5%).
Past Earnings Growth Analysis
Earnings Trend: FUL's earnings have grown by 8.9% per year over the past 5 years.
Accelerating Growth: FUL's earnings growth over the past year (18.5%) exceeds its 5-year average (8.9% per year).
Earnings vs Industry: FUL earnings growth over the past year (18.5%) underperformed the Chemicals industry 32.3%.
Return on Equity
High ROE: FUL's Return on Equity (10.3%) is considered low.
Financial Health
How is H.B. Fuller'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: FUL's short term assets ($1.3B) exceed its short term liabilities ($721.9M).
Long Term Liabilities: FUL's short term assets ($1.3B) do not cover its long term liabilities ($2.3B).
Debt to Equity History and Analysis
Debt Level: FUL's net debt to equity ratio (114.1%) is considered high.
Reducing Debt: FUL's debt to equity ratio has increased from 84.5% to 117.9% over the past 5 years.
Debt Coverage: FUL's debt is not well covered by operating cash flow (8.2%).
Interest Coverage: FUL's interest payments on its debt are well covered by EBIT (3.3x coverage).
Balance Sheet
Dividend
What is H.B. Fuller current dividend yield, its reliability and sustainability?
Dividend Score
4/6Dividend Score 4/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
1.13%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FUL's dividend (1.13%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: FUL's dividend (1.13%) is low compared to the top 25% of dividend payers in the US market (4.06%).
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.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.9%), FUL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (80.5%), FUL's dividend payments are covered by cash flows.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.0yrs
Average management tenure
CEO
Jim Owens (56 yo)
11.5yrs
Tenure
US$11,608,854
Compensation
Mr. James J. Owens, also known as Jim, has been the Chief Executive Officer and President of H.B. Fuller Company since November 22, 2010. Mr. Owens served as the Senior Vice President of North America Regi...
CEO Compensation Analysis
Compensation vs Market: Jim's total compensation ($USD11.61M) is above average for companies of similar size in the US market ($USD6.90M).
Compensation vs Earnings: Jim's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: FUL's management team is considered experienced (4 years average tenure).
Board Members
Experienced Board: FUL's board of directors are considered experienced (7.5 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 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
- Implied Market Cap: US$3.400b
- Shares outstanding: 53.05m
- 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
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/05/17 00:00 |
| End of Day Share Price | 2022/05/17 00:00 |
| Earnings | 2022/02/26 |
| Annual Earnings | 2021/11/27 |
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.