Does JAMES HARDIE IND PLC-SP ADR (NYSE:JHX) meet Peter Lynch’s stock-picking criteria?

Lynch encouraged investors to look at businesses they understand and have strong financials. Does JAMES HARDIE IND PLC-SP ADR (NYSE:JHX) align with this approach? We take a closer look.

Evaluating JAMES HARDIE IND PLC-SP ADR (NYSE:JHX) using Peter Lynch’s legendary strategy

• With a solid Return on Equity (ROE) of 20.76%, JHX exemplifies its ability to generate favorable returns on shareholder investments. This metric demonstrates the company's commitment to maximizing shareholder value.
• A Debt/Equity ratio of 0.52 suggests that JHX is managing its debt levels responsibly.
• The 5-year EPS growth of JHX (18.85) highlights the company's ability to consistently improve its earnings performance and suggests a positive outlook for future profitability.
• A PEG ratio of 0.85 suggests that JHX offers an attractive balance between growth and valuation.
• With a Current Ratio of 2.18, JHX demonstrates solid short-term financial stability.

What is the full fundamental picture of JHX telling us.

Every day, ChartMill assigns a Fundamental Rating to each stock, providing a score ranging from 0 to 10. This rating is determined by evaluating various fundamental indicators and properties.

We assign a fundamental rating of 5 out of 10 to JHX. JHX was compared to 12 industry peers in the Construction Materials industry. While JHX has a great health rating, its profitability is only average at the moment. JHX has a decent growth rate and is not valued too expensively.

For an up to date full fundamental analysis you can check the fundamental report of JHX

Our Peter Lynch screener lists more Affordable Growth stocks and is updated daily.

Keep in mind

This article should in no way be interpreted as advice. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.