(FUL) H Fuller - Ratings and Ratios
Adhesives, Sealants, Coatings, Polymers, Tapes
Dividends
| Dividend Yield | 1.60% |
| Yield on Cost 5y | 1.87% |
| Yield CAGR 5y | 7.73% |
| Payout Consistency | 93.8% |
| Payout Ratio | 23.8% |
| Risk via 10d forecast | |
|---|---|
| Volatility | 26.3% |
| Value at Risk 5%th | 40.3% |
| Relative Tail Risk | -6.75% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.72 |
| Alpha | -37.34 |
| CAGR/Max DD | -0.18 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.388 |
| Beta | 0.940 |
| Beta Downside | 0.691 |
| Drawdowns 3y | |
|---|---|
| Max DD | 43.45% |
| Mean DD | 16.02% |
| Median DD | 12.17% |
Description: FUL H Fuller November 07, 2025
H.B. Fuller (NYSE:FUL) is a global specialty-chemical firm that formulates, manufactures, and markets adhesives, sealants, coatings, polymers, tapes, encapsulants, and additives. It operates through three distinct segments: Hygiene, Health & Consumable Adhesives; Engineering Adhesives; and Construction Adhesives, each serving a wide range of end-markets from packaging and consumer hygiene to transportation, clean-energy equipment, and building construction.
In FY 2023 the company generated approximately $2.1 billion in revenue with an adjusted EBITDA margin of roughly 12 %, driven primarily by double-digit growth in its Construction Adhesives line (≈ 15 % YoY) and steady demand for packaging adhesives tied to e-commerce volume. The Engineering Adhesives segment is benefitting from rising orders for electric-vehicle battery modules and aerospace composites, while the Hygiene segment remains exposed to secular trends in personal-care and medical-device consumables.
Key economic drivers for FUL include global industrial production growth, residential-construction activity (housing starts), and the ongoing shift toward lightweight, high-performance materials in automotive and renewable-energy sectors-factors that directly influence adhesive demand. For a deeper quantitative analysis of FUL’s valuation metrics, the ValueRay platform offers a concise dashboard worth reviewing.
Piotroski VR‑10 (Strict, 0-10) 3.5
| Net Income (114.9m TTM) > 0 and > 6% of Revenue (6% = 210.1m TTM) |
| FCFTA 0.02 (>2.0%) and ΔFCFTA -2.79pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 17.89% (prev 17.62%; Δ 0.27pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.05 (>3.0%) and CFO 242.4m > Net Income 114.9m (YES >=105%, WARN >=100%) |
| Net Debt (1.96b) to EBITDA (487.0m) ratio: 4.02 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.93 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (55.4m) change vs 12m ago -2.24% (target <= -2.0% for YES) |
| Gross Margin 30.54% (prev 30.48%; Δ 0.05pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 69.05% (prev 71.28%; Δ -2.23pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 2.30 (EBITDA TTM 487.0m / Interest Expense TTM 134.2m) >= 6 (WARN >= 3) |
Altman Z'' 3.02
| (A) 0.12 = (Total Current Assets 1.30b - Total Current Liabilities 674.2m) / Total Assets 5.17b |
| (B) 0.39 = Retained Earnings (Balance) 2.01b / Total Assets 5.17b |
| (C) 0.06 = EBIT TTM 308.4m / Avg Total Assets 5.07b |
| (D) 0.52 = Book Value of Equity 1.67b / Total Liabilities 3.21b |
| Total Rating: 3.02 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 47.47
| 1. Piotroski 3.50pt |
| 2. FCF Yield 2.37% |
| 3. FCF Margin 3.47% |
| 4. Debt/Equity 1.06 |
| 5. Debt/Ebitda 4.02 |
| 6. ROIC - WACC (= 0.01)% |
| 7. RoE 6.18% |
| 8. Rev. Trend -24.23% |
| 9. EPS Trend -25.21% |
What is the price of FUL shares?
Over the past week, the price has changed by -0.22%, over one month by +1.64%, over three months by -4.75% and over the past year by -23.08%.
Is FUL a buy, sell or hold?
- Strong Buy: 2
- Buy: 0
- Hold: 3
- Sell: 1
- Strong Sell: 0
What are the forecasts/targets for the FUL price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 68.6 | 17.9% |
| Analysts Target Price | 68.6 | 17.9% |
| ValueRay Target Price | 58.5 | 0.6% |
FUL Fundamental Data Overview December 03, 2025
P/E Trailing = 28.1058
P/E Forward = 12.4224
P/S = 0.9029
P/B = 1.6103
P/EG = 2.2309
Beta = 1.093
Revenue TTM = 3.50b USD
EBIT TTM = 308.4m USD
EBITDA TTM = 487.0m USD
Long Term Debt = 2.08b USD (from longTermDebt, last quarter)
Short Term Debt = 16.0m USD (from shortTermDebt, last fiscal year)
Debt = 2.08b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.96b USD (from netDebt column, last quarter)
Enterprise Value = 5.12b USD (3.16b + Debt 2.08b - CCE 122.5m)
Interest Coverage Ratio = 2.30 (Ebit TTM 308.4m / Interest Expense TTM 134.2m)
FCF Yield = 2.37% (FCF TTM 121.4m / Enterprise Value 5.12b)
FCF Margin = 3.47% (FCF TTM 121.4m / Revenue TTM 3.50b)
Net Margin = 3.28% (Net Income TTM 114.9m / Revenue TTM 3.50b)
Gross Margin = 30.54% ((Revenue TTM 3.50b - Cost of Revenue TTM 2.43b) / Revenue TTM)
Gross Margin QoQ = 31.96% (prev 31.89%)
Tobins Q-Ratio = 0.99 (Enterprise Value 5.12b / Total Assets 5.17b)
Interest Expense / Debt = 1.62% (Interest Expense 33.6m / Debt 2.08b)
Taxrate = 19.93% (16.5m / 82.9m)
NOPAT = 247.0m (EBIT 308.4m * (1 - 19.93%))
Current Ratio = 1.93 (Total Current Assets 1.30b / Total Current Liabilities 674.2m)
Debt / Equity = 1.06 (Debt 2.08b / totalStockholderEquity, last quarter 1.96b)
Debt / EBITDA = 4.02 (Net Debt 1.96b / EBITDA 487.0m)
Debt / FCF = 16.13 (Net Debt 1.96b / FCF TTM 121.4m)
Total Stockholder Equity = 1.86b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.22% (Net Income 114.9m / Total Assets 5.17b)
RoE = 6.18% (Net Income TTM 114.9m / Total Stockholder Equity 1.86b)
RoCE = 7.83% (EBIT 308.4m / Capital Employed (Equity 1.86b + L.T.Debt 2.08b))
RoIC = 6.24% (NOPAT 247.0m / Invested Capital 3.96b)
WACC = 6.23% (E(3.16b)/V(5.24b) * Re(9.48%) + D(2.08b)/V(5.24b) * Rd(1.62%) * (1-Tc(0.20)))
Discount Rate = 9.48% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.70%
[DCF Debug] Terminal Value 73.17% ; FCFE base≈175.3m ; Y1≈174.9m ; Y5≈184.8m
Fair Price DCF = 47.19 (DCF Value 2.55b / Shares Outstanding 54.1m; 5y FCF grow -0.83% → 3.0% )
EPS Correlation: -25.21 | EPS CAGR: -43.70% | SUE: -4.0 | # QB: 0
Revenue Correlation: -24.23 | Revenue CAGR: -0.16% | SUE: -0.01 | # QB: 0
EPS next Quarter (2026-02-28): EPS=0.68 | Chg30d=+0.005 | Revisions Net=-1 | Analysts=3
EPS next Year (2026-11-30): EPS=4.63 | Chg30d=+0.004 | Revisions Net=-1 | Growth EPS=+11.0% | Growth Revenue=+2.0%
Additional Sources for FUL Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle