FBIN - Fortune Brands Innovations, Inc.
Price:
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CONSENSUS:
Hold
DETAILS
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PRICE TARGET:
$54.27
DETAILS
HIGH:
$70.00
LOW:
$44.00
MEDIAN:
$49.00
CONSENSUS:
$54.27
UPSIDE:
39.12%
AlphaVal
Deterministic, archetype-aware fair value
Cyclical & Capital-Intensive
80% confidence
Primary model: Normalized Earnings × Cycle Multiple
Adjust Assumptions
18.0x
3.83$
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.
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