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

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
1
BUY 11
HOLD 13
SELL 2
STRONG
SELL
0
| PRICE TARGET: $54.27 DETAILS
HIGH: $70.00
LOW: $44.00
MEDIAN: $49.00
CONSENSUS: $54.27
UPSIDE: 39.12%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Cyclical & Capital-Intensive 80% confidence

Primary model: Normalized Earnings × Cycle Multiple

Valuation Signal Undervalued Strong
Trading 43.4% below fair value
Current Price $39.01
Bear Case $53.62 37.5% upside ($53.62 - $39.01) / $39.01 = 37.5% $3.83 × 14x
Fair Value $68.94 76.7% upside ($68.94 - $39.01) / $39.01 = 76.7% $3.83 × 18x
Bull Case $84.26 116.0% upside ($84.26 - $39.01) / $39.01 = 116.0% $3.83 × 22x

Adjust Assumptions

18.0x
3.83$

Key Value Driver

Through-cycle normalized EPS ($3.83)

Implied Market Multiple 10.2x

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) $54.27
Analyst Range $44.00 – $70.00
Divergence from AlphaVal 27%

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.
ℹ Wall Street's average price target is $54.27 (from 27 analysts). Our estimate is 27% above the consensus -- consider that gap carefully.

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