Professional
Added to YB: 2025-01-20
Pitch date: 2024-12-31
FBIN [bullish]
Fortune Brands Innovations, Inc.
-23.43%
current return
Author Info
No bio for this author
Company Info
Fortune Brands Innovations, Inc. engages in the provision of home and security products for residential home repair, remodeling, new construction, and security applications in the United States and internationally.
Market Cap
$5.8B
Pitch Price
$67.65
Price Target
N/A
Dividend
2.08%
EV/EBITDA
8.83
P/E
17.96
EV/Sales
1.87
Sector
Building Products
Category
growth
Vulcan Value Partners Small Cap Review New Position: Fortune Brands Innovations, Inc.
FBIN: Leading home/security product maker w/ iconic brands like Moen. Strong consumer loyalty, supply chain, & industry relationships. Market leader in many categories. Post-Covid organic growth declined low-mid single digits due to weak remodeling/home sales. Maintained profitability & strong FCF. Mid-single digit organic growth expected.
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