JAMES HARDIE IND PLC-SP ADR (JHX)
US47030M1062 - ADR
JHX gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 12 industry peers in the Construction Materials industry. While JHX belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. JHX has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
JHX had positive earnings in the past year.
JHX had a positive operating cash flow in the past year.
Each year in the past 5 years JHX has been profitable.
In the past 5 years JHX always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 10.30%, JHX is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
JHX has a Return On Equity of 26.21%. This is amongst the best in the industry. JHX outperforms 83.33% of its industry peers.
JHX has a better Return On Invested Capital (15.56%) than 83.33% of its industry peers.
The Average Return On Invested Capital over the past 3 years for JHX is above the industry average of 10.78%.
The 3 year average ROIC (15.42%) for JHX is below the current ROIC(15.56%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.3% | ||
| ROE | 26.21% | ||
| ROIC | 15.56% |
ROA(3y)10.88%
ROA(5y)9.01%
ROE(3y)31.22%
ROE(5y)28.35%
ROIC(3y)15.42%
ROIC(5y)13.9%
1.3 Margins
JHX has a Profit Margin of 12.78%. This is in the better half of the industry: JHX outperforms 66.67% of its industry peers.
JHX's Profit Margin has improved in the last couple of years.
JHX has a better Operating Margin (23.67%) than 83.33% of its industry peers.
In the last couple of years the Operating Margin of JHX has grown nicely.
JHX has a Gross Margin of 40.56%. This is amongst the best in the industry. JHX outperforms 91.67% of its industry peers.
In the last couple of years the Gross Margin of JHX has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 23.67% | ||
| PM (TTM) | 12.78% | ||
| GM | 40.56% |
OM growth 3Y3.29%
OM growth 5Y8.96%
PM growth 3Y12.78%
PM growth 5Y7.26%
GM growth 3Y3.66%
GM growth 5Y4.01%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), JHX is creating value.
The number of shares outstanding for JHX has been reduced compared to 1 year ago.
JHX has less shares outstanding than it did 5 years ago.
JHX has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 5.09 indicates that JHX is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 5.09, JHX is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
The Debt to FCF ratio of JHX is 2.84, which is a good value as it means it would take JHX, 2.84 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 2.84, JHX is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
JHX has a Debt/Equity ratio of 0.57. This is a neutral value indicating JHX is somewhat dependend on debt financing.
JHX has a Debt to Equity ratio (0.57) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | 2.84 | ||
| Altman-Z | 5.09 |
ROIC/WACC2.25
WACC6.92%
2.3 Liquidity
JHX has a Current Ratio of 1.94. This is a normal value and indicates that JHX is financially healthy and should not expect problems in meeting its short term obligations.
JHX has a Current ratio of 1.94. This is comparable to the rest of the industry: JHX outperforms 41.67% of its industry peers.
A Quick Ratio of 1.44 indicates that JHX should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.44, JHX is in line with its industry, outperforming 58.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.94 | ||
| Quick Ratio | 1.44 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 16.43% over the past year.
JHX shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 18.85% yearly.
The Revenue has been growing slightly by 6.52% in the past year.
Measured over the past years, JHX shows a quite strong growth in Revenue. The Revenue has been growing by 9.45% on average per year.
EPS 1Y (TTM)16.43%
EPS 3Y16.09%
EPS 5Y18.85%
EPS Q2Q%5.13%
Revenue 1Y (TTM)6.52%
Revenue growth 3Y10.61%
Revenue growth 5Y9.45%
Sales Q2Q%3.94%
3.2 Future
JHX is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 11.03% yearly.
Based on estimates for the next years, JHX will show a small growth in Revenue. The Revenue will grow by 7.88% on average per year.
EPS Next Y-6.73%
EPS Next 2Y5.18%
EPS Next 3Y10.12%
EPS Next 5Y11.03%
Revenue Next Year0.5%
Revenue Next 2Y5.23%
Revenue Next 3Y7.24%
Revenue Next 5Y7.88%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
JHX is valuated rather expensively with a Price/Earnings ratio of 21.17.
Compared to the rest of the industry, the Price/Earnings ratio of JHX indicates a somewhat cheap valuation: JHX is cheaper than 75.00% of the companies listed in the same industry.
JHX's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.96.
With a Price/Forward Earnings ratio of 19.39, JHX is valued on the expensive side.
JHX's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. JHX is cheaper than 75.00% of the companies in the same industry.
JHX is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 23.82, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.17 | ||
| Fwd PE | 19.39 |
4.2 Price Multiples
75.00% of the companies in the same industry are more expensive than JHX, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, JHX is valued a bit cheaper than 75.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 38.13 | ||
| EV/EBITDA | 14.11 |
4.3 Compensation for Growth
The excellent profitability rating of JHX may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.12
EPS Next 2Y5.18%
EPS Next 3Y10.12%
5. Dividend
5.1 Amount
JHX has a Yearly Dividend Yield of 2.07%.
Compared to an average industry Dividend Yield of 3.65, JHX pays a better dividend. On top of this JHX pays more dividend than 91.67% of the companies listed in the same industry.
JHX's Dividend Yield is comparable with the S&P500 average which is at 2.23.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.07% |
5.2 History
JHX has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DP0%
EPS Next 2Y5.18%
EPS Next 3Y10.12%
JAMES HARDIE IND PLC-SP ADR
NYSE:JHX (11/21/2024, 8:04:00 PM)
After market: 35.27 +0.34 (+0.97%)34.93
-0.45 (-1.27%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryConstruction Materials
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap15.00B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.07% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
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EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
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EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.17 | ||
| Fwd PE | 19.39 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)1.12
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.3% | ||
| ROE | 26.21% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 23.67% | ||
| PM (TTM) | 12.78% | ||
| GM | 40.56% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.81
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.94 | ||
| Quick Ratio | 1.44 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)16.43%
EPS 3Y16.09%
EPS 5Y
EPS Q2Q%
EPS Next Y-6.73%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)6.52%
Revenue growth 3Y10.61%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y