Fortune Brands Innovations, Inc. logo FBIN - Fortune Brands Innovations, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
1
BUY 10
HOLD 14
SELL 2
STRONG
SELL
0
| PRICE TARGET: $58.30 DETAILS
HIGH: $70.00
LOW: $44.00
MEDIAN: $56.50
CONSENSUS: $58.30
UPSIDE: 27.65%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Cyclical & Capital-Intensive 80% confidence

Primary model: Normalized Earnings × Cycle Multiple

Valuation Signal Undervalued Moderate
Trading 33.8% below fair value
Current Price $45.67
Bear Case $53.62 17.4% upside ($53.62 - $45.67) / $45.67 = 17.4% $3.83 × 14x
Fair Value $68.94 51.0% upside ($68.94 - $45.67) / $45.67 = 51.0% $3.83 × 18x
Bull Case $84.26 84.5% upside ($84.26 - $45.67) / $45.67 = 84.5% $3.83 × 22x

Adjust Assumptions

18.0x
3.83$

Key Value Driver

Through-cycle normalized EPS ($3.83)

Implied Market Multiple 11.9x

Plain-Language Summary

Using 7-year normalized EPS of $3.83 at a 18x cycle multiple, the base-case value is $68.94 per share.

Analyst Consensus (External Reference)

Never blended into the bear/base/bull estimates above -- shown only as an outside comparison.

Average Target (27 analysts) $58.30
Analyst Range $44.00 – $70.00
Divergence from AlphaVal 18%

Warnings

This company has a built-in lending arm whose debt is mixed in with the main business. We capped the debt adjustment to avoid overstating what the core business owes.

Key Risks

  • Standard 10-year DCF produces unreliable terminal values for cyclicals
  • 'Cheap' P/E at cycle peak is the most common value trap — normalize first
  • Captive finance subsidiaries have different risk profiles from manufacturing