(FUL) H Fuller - Overview
Stock: Adhesives, Sealants, Coatings, Polymers, Tapes
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 1.97% |
| Yield on Cost 5y | 1.76% |
| Yield CAGR 5y | 8.61% |
| Payout Consistency | 97.1% |
| Payout Ratio | 22.1% |
| Risk 5d forecast | |
|---|---|
| Volatility | 27.8% |
| Relative Tail Risk | -7.49% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.32 |
| Alpha | -4.77 |
| Character TTM | |
|---|---|
| Beta | 0.964 |
| Beta Downside | 0.802 |
| Drawdowns 3y | |
|---|---|
| Max DD | 43.45% |
| CAGR/Max DD | -0.02 |
Description: FUL H Fuller January 10, 2026
H.B. Fuller (NYSE:FUL) is a global specialty chemicals firm that formulates, manufactures, and markets adhesives, sealants, coatings, polymers, tapes, encapsulants, and additives. The company organizes its operations into three segments: Hygiene, Health & Consumable Adhesives; Engineering Adhesives; and Construction Adhesives.
The Hygiene, Health & Consumable Adhesives segment supplies thermoplastic, thermoset, reactive, water-based, and solvent-based adhesives for packaging, converting, non-woven, hygiene, and health-beauty applications. The Engineering Adhesives segment focuses on high-performance products-reactive, light-cure, two-part liquids, polyurethane, silicone, film, and fast-cure formulations-serving durable assembly, performance wood, textile, transportation, electronics, clean-energy, aerospace & defense, appliance, heavy-machinery, and insulating-glass markets. The Construction Adhesives segment provides tile-setting, roofing, HVAC, insulation, caulk, and sealant solutions for both professional trade and consumer use.
Key performance indicators (as of FY 2023) include approximately $4.2 billion in revenue, a 9.5 % adjusted EBITDA margin, and a 5-year compound annual growth rate (CAGR) of ~3 % in net sales. The business is sensitive to macro-level construction spending and packaging demand, both of which are driven by housing starts, commercial-real-estate activity, and e-commerce volume. Raw-material cost volatility-particularly for epoxy resins and polyurethanes-remains a material risk, while the ongoing shift toward lightweight, high-strength assemblies in automotive and aerospace offers upside exposure.
Assuming current supply-chain constraints ease and global construction activity stabilizes, the Engineering Adhesives segment could outperform its historical growth rate, but this outlook is contingent on sustained capital-expenditure cycles in the transportation and clean-energy sectors.
For a deeper quantitative view, you may want to explore ValueRay’s analyst toolkit.
Piotroski VR‑10 (Strict, 0-10) 5.0
| Net Income: 152.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA -0.97 > 1.0 |
| NWC/Revenue: 14.97% < 20% (prev 16.25%; Δ -1.28% < -1%) |
| CFO/TA 0.05 > 3% & CFO 263.5m > Net Income 152.0m |
| Net Debt (1.91b) to EBITDA (481.6m): 3.97 < 3 |
| Current Ratio: 1.70 > 1.5 & < 3 |
| Outstanding Shares: last quarter (55.3m) vs 12m ago -2.44% < -2% |
| Gross Margin: 31.50% > 18% (prev 0.30%; Δ 3120 % > 0.5%) |
| Asset Turnover: 68.68% > 50% (prev 72.34%; Δ -3.67% > 0%) |
| Interest Coverage Ratio: 2.06 > 6 (EBITDA TTM 481.6m / Interest Expense TTM 133.3m) |
Altman Z'' 2.86
| A: 0.10 (Total Current Assets 1.26b - Total Current Liabilities 743.4m) / Total Assets 5.18b |
| B: 0.39 (Retained Earnings 2.03b / Total Assets 5.18b) |
| C: 0.05 (EBIT TTM 275.4m / Avg Total Assets 5.06b) |
| D: 0.54 (Book Value of Equity 1.71b / Total Liabilities 3.18b) |
| Altman-Z'' Score: 2.86 = A |
Beneish M -3.11
| DSRI: 0.97 (Receivables 564.3m/597.5m, Revenue 3.47b/3.57b) |
| GMI: 0.96 (GM 31.50% / 30.10%) |
| AQI: 1.03 (AQ_t 0.58 / AQ_t-1 0.56) |
| SGI: 0.97 (Revenue 3.47b / 3.57b) |
| TATA: -0.02 (NI 152.0m - CFO 263.5m) / TA 5.18b) |
| Beneish M-Score: -3.11 (Cap -4..+1) = AA |
What is the price of FUL shares?
Over the past week, the price has changed by +10.31%, over one month by +7.51%, over three months by +15.90% and over the past year by +9.73%.
Is FUL a buy, sell or hold?
- StrongBuy: 2
- Buy: 0
- Hold: 3
- Sell: 1
- StrongSell: 0
What are the forecasts/targets for the FUL price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 71.7 | 8.6% |
| Analysts Target Price | 71.7 | 8.6% |
| ValueRay Target Price | 67.8 | 2.7% |
FUL Fundamental Data Overview February 01, 2026
P/E Forward = 13.1234
P/S = 0.9397
P/B = 1.637
P/EG = 2.2309
Revenue TTM = 3.47b USD
EBIT TTM = 275.4m USD
EBITDA TTM = 481.6m USD
Long Term Debt = 2.02b USD (from longTermDebt, last quarter)
Short Term Debt = unknown (none)
Debt = 2.02b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.91b USD (from netDebt column, last quarter)
Enterprise Value = 5.17b USD (3.26b + Debt 2.02b - CCE 107.2m)
Interest Coverage Ratio = 2.06 (Ebit TTM 275.4m / Interest Expense TTM 133.3m)
EV/FCF = 42.68x (Enterprise Value 5.17b / FCF TTM 121.2m)
FCF Yield = 2.34% (FCF TTM 121.2m / Enterprise Value 5.17b)
FCF Margin = 3.49% (FCF TTM 121.2m / Revenue TTM 3.47b)
Net Margin = 4.37% (Net Income TTM 152.0m / Revenue TTM 3.47b)
Gross Margin = 31.50% ((Revenue TTM 3.47b - Cost of Revenue TTM 2.38b) / Revenue TTM)
Gross Margin QoQ = 32.45% (prev 32.23%)
Tobins Q-Ratio = 1.00 (Enterprise Value 5.17b / Total Assets 5.18b)
Interest Expense / Debt = 1.63% (Interest Expense 32.8m / Debt 2.02b)
Taxrate = 28.64% (11.9m / 41.7m)
NOPAT = 196.5m (EBIT 275.4m * (1 - 28.64%))
Current Ratio = 1.70 (Total Current Assets 1.26b / Total Current Liabilities 743.4m)
Debt / Equity = 1.01 (Debt 2.02b / totalStockholderEquity, last quarter 2.00b)
Debt / EBITDA = 3.97 (Net Debt 1.91b / EBITDA 481.6m)
Debt / FCF = 15.75 (Net Debt 1.91b / FCF TTM 121.2m)
Total Stockholder Equity = 1.90b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.00% (Net Income 152.0m / Total Assets 5.18b)
RoE = 7.98% (Net Income TTM 152.0m / Total Stockholder Equity 1.90b)
RoCE = 7.02% (EBIT 275.4m / Capital Employed (Equity 1.90b + L.T.Debt 2.02b))
RoIC = 4.91% (NOPAT 196.5m / Invested Capital 4.00b)
WACC = 6.30% (E(3.26b)/V(5.28b) * Re(9.47%) + D(2.02b)/V(5.28b) * Rd(1.63%) * (1-Tc(0.29)))
Discount Rate = 9.47% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.79%
[DCF Debug] Terminal Value 82.80% ; FCFF base≈138.0m ; Y1≈117.9m ; Y5≈91.2m
Fair Price DCF = 10.10 (EV 2.46b - Net Debt 1.91b = Equity 548.3m / Shares 54.3m; r=6.30% [WACC]; 5y FCF grow -17.67% → 2.90% )
EPS Correlation: 19.87 | EPS CAGR: 13.35% | SUE: 0.29 | # QB: 0
Revenue Correlation: -22.65 | Revenue CAGR: 1.17% | SUE: -0.02 | # QB: 0
EPS next Quarter (2026-05-31): EPS=1.30 | Chg30d=+0.002 | Revisions Net=+2 | Analysts=7
EPS current Year (2026-11-30): EPS=4.58 | Chg30d=-0.035 | Revisions Net=-4 | Growth EPS=+8.0% | Growth Revenue=+1.3%
EPS next Year (2027-11-30): EPS=5.12 | Chg30d=-0.071 | Revisions Net=-1 | Growth EPS=+11.7% | Growth Revenue=+2.8%