Stock fact sheet · data as of
Fortune Brands Innovations, Inc. (FBIN): fair value, margin of safety and Wheel Score
Ticker symbol FBIN · Basic Materials · Construction Materials · United States · Blend
Is FBIN undervalued?
At 47.47 (close of 5 Nov 2026), FBIN trades 58% over the GLS average fair value of 30.02, with 2 of 9 models above the price. The stock earns none of the Wheel Score's Value points at this price. That is a statement about price against trailing fundamentals, not about the company's prospects - the Wall Street View and the Growth tab on the Quote page carry the forward numbers.
There is a wide gap between GLS Growth (3.14) and 10 Cap (97.63). When the models are this far apart the "fair value" is really a range, and the margin of safety above should be read with that range in mind.
Ranked against every other company we cover, neither cheapness nor growth clearly wins for FBIN, so the nightly engine files it under Blend (value score 20, growth score 17, out of 100).
Nine valuation models for FBIN
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 40.91 | -14% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 21.53 | -55% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 21.90 | -54% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 6.64 | -86% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 3.14 | -93% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 97.63 | +106% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 51.41 | +8% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 15.16 | -68% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 11.92 | -75% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -18.09 | -138% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 53.73 | +13% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Fortune Brands Innovations, Inc. scores 7 of 9 on the Piotroski F-score, the nine yes/no tests of profitability, leverage and efficiency on the latest annual accounts - a strong reading that passes the "Piotroski 6 or more" Wheel Trade Filter with room to spare. On durability FBIN scores 5.6/10 on the GLS Moat - a middle reading; the Moat Score tab on the Quote page's Financials view shows which of the four parts hold it back.
Returns on capital are moderate - ROIC 6.1%, ROE 12.5%, ROA 4.6% - with debt at 1.07 times equity and a free-cash-flow yield of 9.8%.
The dividend yield is 2.17% at a payout ratio of 96%; for a wheel trader holding assigned shares the dividend adds to the covered-call premium, and the ex-dividend date is worth knowing before a call is sold. Revenue comes mainly from Water Innovations 52%, Outdoors 32%, Security 16% (quarter Q2 FY2026).
Institutional ownership scores 3/10, insider activity 10/10 and Congressional trading 1/10 on the GLS smart-money scales; the last recorded insider buy was on 7 Aug 2026.
| Piotroski F-score | 7 / 9 | ROIC | 6.1% |
|---|---|---|---|
| GLS Moat | 5.6 / 10 | ROE | 12.5% |
| Debt / equity | 1.07 | ROA | 4.6% |
| Free-cash-flow yield | 9.8% | Payout ratio | 96% |
| Institutions | 3 / 10 | Insiders · Congress | 10 · 1 / 10 |
Wheel Score 35: Weak
With a Wheel Score of 35 Fortune Brands Innovations, Inc. sits in the Weak band. It fails filter 3, below fair value - trades 58% above our fair value; and filter 5, can repay its debt - 5.3 years to repay its debt (over 3); and filter 6, no serious red flags - Red Flags score 50 (under 60); Value (weak) is its weakest part.
Implied volatility is 47% on the near-the-money contracts 20-60 days out - inside the 35-60% sweet spot the Wheel Score rewards most: enough premium to be worth selling, not so much that the risk is unpaid. Chain open interest is 6,725 contracts across all expiries - enough for the wheel at normal size.
Volume runs at 9.6M shares a day on a market cap of $5.7B, with a beta of 1.33 - a high beta, so the stock tends to move more than the market and a strike can be gapped through; the Stability part of the Wheel Score rates that fair.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Passes | Listed options with 1,000+ contracts of open interest and 100+ traded a day |
| 2 | A real business, not a gamble | Passes | Profitable over the last twelve months - not a speculative stock, fund or note |
| 3 | Below fair value | Fails | trades 58% above our fair value |
| 4 | Financially healthy | Passes | Piotroski F-score 6 or more out of 9 (a company with no score on file passes) |
| 5 | Can repay its debt | Fails | 5.3 years to repay its debt (over 3) |
| 6 | No serious red flags | Fails | Red Flags score 50 (under 60) |
| 7 | A premium worth selling | Passes | Implied volatility 25-80% (enough premium, not a lottery ticket) |
| 8 | Big enough | Passes | Market cap $1 billion or more |
| 9 | Not a penny stock | Passes | Share price $5 or more |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Weak | 58% above fair value | |
| Premium | Strong | implied volatility 47% | |
| Moat | Fair | moat 5.6/10 | |
| Health | Good | Piotroski 7/9 | |
| Red Flags | Weak | Red Flags score 50/100 | |
| Option trading | Fair | 2,909 contracts a day, 6,725 open interest | |
| Stability | Fair | beta 1.33, $5.7B company |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls: a stock must pass all 9 Wheel Trade Filters to score 70, and the score then ranks the ones that pass; the Sunday Scan is the top 10. It is updated nightly and is not a recommendation. How the Wheel Score works · the walkthrough lesson shows how it fits into a trade, start to finish.
Upcoming events
No upcoming earnings date is recorded for FBIN in the nightly calendar. The shares go ex-dividend on 20 Nov 2026 (0.2600 per share), so a covered call sold before then carries a small early-assignment risk around that date.
No analyst upgrades or downgrades were recorded in the last 30 days.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Construction Materials
The 12 companies below are the closest to Fortune Brands Innovations, Inc. by market cap within the Construction Materials industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| TREX Trex Company, Inc. | 57.15 | 43.32 | -32% | 40Weak | $5.8B |
| EXP Eagle Materials Inc. | 198.19 | 189.74 | -4% | 36Weak | $6.1B |
| GFF Griffon Corporation | 107.52 | 103.04 | -4% | 32Weak | $4.9B |
| AWI Armstrong World Industries, Inc. | 175.95 | 158.48 | -11% | 29Weak | $7.4B |
| BLDR Builders FirstSource, Inc. | 69.50 | 31.29 | -122% | 35Weak | $7.5B |
| SPXC SPX Technologies, Inc. | 153.47 | 145.69 | -5% | 34Weak | $7.7B |
| SSD Simpson Manufacturing Co., Inc. | 205.16 | 121.42 | -69% | 40Weak | $8.4B |
| USLM United States Lime & Minerals, Inc. | 123.38 | 100.64 | -23% | 35Weak | $3.5B |
| KNF Knife River Corporation | 62.24 | 70.80 | +12% | 38Weak | $3.5B |
| OC Owens Corning | 127.80 | 178.38 | +28% | 48Weak | $10.1B |
| WMS Advanced Drainage Systems, Inc. | 144.18 | 122.12 | -18% | 37Weak | $10.9B |
| TTAM Titan America S.A. | 14.30 | 22.31 | +36% | 43Weak | $2.6B |
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Start free See the Sunday ScanQuestions about FBIN
Is FBIN undervalued right now?
No: at 47.47 the stock trades 58% above the GLS average fair value of 30.02 (data as of 5 Nov 2026), well beyond what trailing earnings, cash flow and book value support.
What is the Wheel Score of FBIN and what does it mean?
FBIN scores 35 out of 100 (Weak) - it fails Wheel Trade Filters 3, 5, 6. The Wheel Score ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned - in two parts: the 9 pass/fail Wheel Trade Filters (busy options, a real business, below fair value, Piotroski 6 or more, debt it can repay, a Red Flags score of 60 or more, implied volatility of 25-80%, a $1 billion company, $5 a share) and a ranking of how strongly a stock passes on value, premium, moat, health, red flags, option trading and stability. A stock that fails any filter stays under 70; 70-84 is Good, 85 and above is Prime. The Sunday Scan is the top 10 that pass, sorted by Wheel Score.
What is the GLS fair value for FBIN?
30.02 per share as of 5 Nov 2026 - the simple average of the 9 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Fortune Brands Innovations, Inc. report earnings next?
No upcoming earnings date is recorded for FBIN in our calendar as of 5 Nov 2026; the Calendars page is refreshed every morning.
Does FBIN have listed options, and how liquid are they?
Yes. The nightly snapshot found 70 listed contracts with 6,725 open interest across all expiries and implied volatility of 47% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.