H. B. Fuller Company (FUL) vs Minerals Technologies Inc. (MTX)

H. B. Fuller Company and Minerals Technologies Inc. are both Specialty Chemicals companies. H. B. Fuller Company is the larger, with a market value of $2.6B against $2.1B — 1.3× the size. Minerals Technologies Inc. has negative trailing earnings, so its P/E is not meaningful; H. B. Fuller Company trades at 14.7×. Minerals Technologies Inc. grew revenue faster over the last twelve months: 4.06% against −0.57%. H. B. Fuller Company has the higher net margin (5.29% vs −3.13%) and the higher return on invested capital (5.84% vs −0.82%). Both pay a dividend; H. B. Fuller Company yields more (1.11% vs 0.57%). Across the 22 metrics below, H. B. Fuller Company leads on 15 and Minerals Technologies Inc. on 7.

Valuation

Metric FUL MTX Specialty Chemicals median
P/E 14.66 n/m 24.83
P/S 0.78 0.97 1.46
P/B 1.31 1.32 1.76
Price to free cash flow 18.32 16.39 19.84
EV/EBITDA 8.37 40.84 13.18
EV/Sales 1.34 1.26 1.84
Earnings yield 6.82% (3.24%) 2.11%
Free cash flow yield 5.46% 6.10% 2.29%

Profitability

Metric FUL MTX Specialty Chemicals median
Gross margin 32.01% 24.52% 29.23%
Operating margin 10.76% (1.34%) 3.63%
Net margin 5.29% (3.13%) 2.89%
Free cash flow margin 4.24% 5.92% 3.78%
Return on equity 9.38% (4.12%) 3.62%
Return on assets 3.55% (1.93%) 0.35%
Return on invested capital 5.84% (0.82%) 2.75%

Growth

Metric FUL MTX Specialty Chemicals median
Revenue growth (TTM) (0.57%) 4.06% 4.51%
EPS growth (last fiscal year) 19.57% (111.41%) —
Revenue growth, 5-year CAGR 4.48% 5.38% 6.30%
Net income growth, 5-year CAGR 4.20% 0.00% 0.00%

Health

Metric FUL MTX Specialty Chemicals median
Debt to equity 1.00 0.61 0.54
Current ratio 1.80 1.43 1.94
Net debt to EBITDA 3.58 4.54 2.03

Dividend

Metric FUL MTX Specialty Chemicals median
Dividend yield 1.11% 0.57% 1.69%
Payout ratio 0.30 0.07 0.25

Size

Metric FUL MTX Specialty Chemicals median
Market cap 2.61b 2.07b 2.43b

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