JAMES HARDIE IND PLC (JHX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:JHX - US47030M1062 - Common Stock
19.48 USD
-0.53 (-2.65%)
19.48 USD
0 (0%)
Overall JHX gets a fundamental rating of 5 out of 10. We evaluated JHX against 13 industry peers in the Construction Materials industry. There are concerns on the financial health of JHX while its profitability can be described as average. JHX is valued quite cheap, while showing a decent growth score. This is a good combination!
1. Profitability
1.1 Basic Checks
In the past year JHX was profitable.
In the past year JHX had a positive cash flow from operations.
JHX had positive earnings in each of the past 5 years.
Each year in the past 5 years JHX had a positive operating cash flow.
1.2 Ratios
JHX's Return On Assets of 1.37% is on the low side compared to the rest of the industry. JHX is outperformed by 84.62% of its industry peers.
JHX's Return On Equity of 3.04% is on the low side compared to the rest of the industry. JHX is outperformed by 84.62% of its industry peers.
The Return On Invested Capital of JHX (3.80%) is worse than 84.62% of its industry peers.
The Average Return On Invested Capital over the past 3 years for JHX is above the industry average of 9.36%.
The 3 year average ROIC (13.97%) for JHX is well above the current ROIC(3.80%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.37% | ||
| ROE | 3.04% | ||
| ROIC | 3.8% |
ROA(3y)9.97%
ROA(5y)9.43%
ROE(3y)26.28%
ROE(5y)27.61%
ROIC(3y)13.97%
ROIC(5y)14.14%
1.3 Margins
JHX has a Profit Margin of 4.67%. This is amonst the worse of the industry: JHX underperforms 84.62% of its industry peers.
JHX's Profit Margin has improved in the last couple of years.
JHX has a Operating Margin of 17.93%. This is in the better half of the industry: JHX outperforms 61.54% of its industry peers.
In the last couple of years the Operating Margin of JHX has grown nicely.
JHX has a Gross Margin of 36.27%. This is amongst the best in the industry. JHX outperforms 92.31% of its industry peers.
JHX's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.93% | ||
| PM (TTM) | 4.67% | ||
| GM | 36.27% |
OM growth 3Y-0.52%
OM growth 5Y3.46%
PM growth 3Y-4.87%
PM growth 5Y3.37%
GM growth 3Y2.21%
GM growth 5Y1.56%
2. Health
2.1 Basic Checks
JHX has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
Compared to 1 year ago, JHX has less shares outstanding
The number of shares outstanding for JHX has been reduced compared to 5 years ago.
Compared to 1 year ago, JHX has an improved debt to assets ratio.
2.2 Solvency
JHX has an Altman-Z score of 1.38. This is a bad value and indicates that JHX is not financially healthy and even has some risk of bankruptcy.
JHX's Altman-Z score of 1.38 is on the low side compared to the rest of the industry. JHX is outperformed by 69.23% of its industry peers.
The Debt to FCF ratio of JHX is 17.06, which is on the high side as it means it would take JHX, 17.06 years of fcf income to pay off all of its debts.
JHX has a Debt to FCF ratio of 17.06. This is in the lower half of the industry: JHX underperforms 61.54% of its industry peers.
JHX has a Debt/Equity ratio of 0.80. This is a neutral value indicating JHX is somewhat dependend on debt financing.
The Debt to Equity ratio of JHX (0.80) is worse than 84.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.8 | ||
| Debt/FCF | 17.06 | ||
| Altman-Z | 1.38 |
ROIC/WACC0.54
WACC7.07%
2.3 Liquidity
A Current Ratio of 1.79 indicates that JHX should not have too much problems paying its short term obligations.
The Current ratio of JHX (1.79) is comparable to the rest of the industry.
A Quick Ratio of 1.23 indicates that JHX should not have too much problems paying its short term obligations.
JHX's Quick ratio of 1.23 is in line compared to the rest of the industry. JHX outperforms 53.85% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.79 | ||
| Quick Ratio | 1.23 |
3. Growth
3.1 Past
The earnings per share for JHX have decreased strongly by -19.62% in the last year.
JHX shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 13.73% yearly.
JHX shows a small growth in Revenue. In the last year, the Revenue has grown by 4.60%.
Measured over the past years, JHX shows a quite strong growth in Revenue. The Revenue has been growing by 8.27% on average per year.
EPS 1Y (TTM)-19.62%
EPS 3Y2.07%
EPS 5Y13.73%
EPS Q2Q%-27.78%
Revenue 1Y (TTM)4.6%
Revenue growth 3Y2.37%
Revenue growth 5Y8.27%
Sales Q2Q%34.49%
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 8.91% yearly.
JHX is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 13.86% yearly.
EPS Next Y-30.86%
EPS Next 2Y-9.25%
EPS Next 3Y1.83%
EPS Next 5Y8.91%
Revenue Next Year22.84%
Revenue Next 2Y19.02%
Revenue Next 3Y15.96%
Revenue Next 5Y13.86%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 11.39 indicates a reasonable valuation of JHX.
Based on the Price/Earnings ratio, JHX is valued cheaper than 92.31% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.49. JHX is valued rather cheaply when compared to this.
JHX is valuated reasonably with a Price/Forward Earnings ratio of 11.82.
Based on the Price/Forward Earnings ratio, JHX is valued cheaper than 92.31% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of JHX to the average of the S&P500 Index (23.69), we can say JHX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.39 | ||
| Fwd PE | 11.82 |
4.2 Price Multiples
JHX's Enterprise Value to EBITDA is on the same level as the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of JHX indicates a rather cheap valuation: JHX is cheaper than 92.31% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.92 | ||
| EV/EBITDA | 12.7 |
4.3 Compensation for Growth
The decent profitability rating of JHX may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.83
EPS Next 2Y-9.25%
EPS Next 3Y1.83%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.07%, JHX has a reasonable but not impressive dividend return.
JHX's Dividend Yield is rather good when compared to the industry average which is at 3.75. JHX pays more dividend than 92.31% of the companies in the same industry.
JHX's Dividend Yield is comparable with the S&P500 average which is at 2.31.
| 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 2Y-9.25%
EPS Next 3Y1.83%
19.48
-0.53 (-2.65%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryConstruction Materials
Earnings (Last)
Earnings (Next)
Inst Owners50.04%
Inst Owner Change92.41%
Ins Owners0.38%
Ins Owner ChangeN/A
Market Cap8.37B
Revenue(TTM)4.12B
Net Income(TTM)192.10M
Analysts78.82
Price Target24.48 (25.67%)
Short Float %22.23%
Short Ratio2.03
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.07% |
Yearly Dividend0
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-5.28%
Min EPS beat(2)-13.86%
Max EPS beat(2)3.3%
EPS beat(4)2
Avg EPS beat(4)-2.58%
Min EPS beat(4)-13.86%
Max EPS beat(4)3.3%
EPS beat(8)5
Avg EPS beat(8)-0.42%
EPS beat(12)7
Avg EPS beat(12)-0.62%
EPS beat(16)7
Avg EPS beat(16)-1.69%
Revenue beat(2)0
Avg Revenue beat(2)-3.74%
Min Revenue beat(2)-7.1%
Max Revenue beat(2)-0.37%
Revenue beat(4)0
Avg Revenue beat(4)-2.85%
Min Revenue beat(4)-7.1%
Max Revenue beat(4)-0.37%
Revenue beat(8)1
Avg Revenue beat(8)-1.96%
Revenue beat(12)4
Avg Revenue beat(12)-1.54%
Revenue beat(16)6
Avg Revenue beat(16)-1.27%
PT rev (1m)-1.34%
PT rev (3m)12.4%
EPS NQ rev (1m)84.37%
EPS NQ rev (3m)46.57%
EPS NY rev (1m)50.62%
EPS NY rev (3m)40.8%
Revenue NQ rev (1m)0.98%
Revenue NQ rev (3m)3.96%
Revenue NY rev (1m)2.33%
Revenue NY rev (3m)6.62%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.39 | ||
| Fwd PE | 11.82 | ||
| P/S | 2.03 | ||
| P/FCF | 27.92 | ||
| P/OCF | 12.09 | ||
| P/B | 1.32 | ||
| P/tB | N/A | ||
| EV/EBITDA | 12.7 |
EPS(TTM)1.71
EY8.78%
EPS(NY)1.65
Fwd EY8.46%
FCF(TTM)0.7
FCFY3.58%
OCF(TTM)1.61
OCFY8.27%
SpS9.58
BVpS14.71
TBVpS-4.76
PEG (NY)N/A
PEG (5Y)0.83
Graham Number23.79
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.37% | ||
| ROE | 3.04% | ||
| ROCE | 5.7% | ||
| ROIC | 3.8% | ||
| ROICexc | 3.98% | ||
| ROICexgc | 12.29% | ||
| OM | 17.93% | ||
| PM (TTM) | 4.67% | ||
| GM | 36.27% | ||
| FCFM | 7.28% |
ROA(3y)9.97%
ROA(5y)9.43%
ROE(3y)26.28%
ROE(5y)27.61%
ROIC(3y)13.97%
ROIC(5y)14.14%
ROICexc(3y)15.23%
ROICexc(5y)15.2%
ROICexgc(3y)16.77%
ROICexgc(5y)16.93%
ROCE(3y)20.96%
ROCE(5y)21.22%
ROICexgc growth 3Y-3.58%
ROICexgc growth 5Y8.58%
ROICexc growth 3Y-2.86%
ROICexc growth 5Y9.05%
OM growth 3Y-0.52%
OM growth 5Y3.46%
PM growth 3Y-4.87%
PM growth 5Y3.37%
GM growth 3Y2.21%
GM growth 5Y1.56%
F-Score3
Asset Turnover0.29
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.8 | ||
| Debt/FCF | 17.06 | ||
| Debt/EBITDA | 4.9 | ||
| Cap/Depr | 132.11% | ||
| Cap/Sales | 9.54% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 66.91% | ||
| Profit Quality | 156.12% | ||
| Current Ratio | 1.79 | ||
| Quick Ratio | 1.23 | ||
| Altman-Z | 1.38 |
F-Score3
WACC7.07%
ROIC/WACC0.54
Cap/Depr(3y)260.24%
Cap/Depr(5y)204.41%
Cap/Sales(3y)12.65%
Cap/Sales(5y)9.78%
Profit Quality(3y)61.36%
Profit Quality(5y)110.03%
High Growth Momentum
Growth
EPS 1Y (TTM)-19.62%
EPS 3Y2.07%
EPS 5Y13.73%
EPS Q2Q%-27.78%
EPS Next Y-30.86%
EPS Next 2Y-9.25%
EPS Next 3Y1.83%
EPS Next 5Y8.91%
Revenue 1Y (TTM)4.6%
Revenue growth 3Y2.37%
Revenue growth 5Y8.27%
Sales Q2Q%34.49%
Revenue Next Year22.84%
Revenue Next 2Y19.02%
Revenue Next 3Y15.96%
Revenue Next 5Y13.86%
EBIT growth 1Y-19.01%
EBIT growth 3Y1.83%
EBIT growth 5Y12.01%
EBIT Next Year40.9%
EBIT Next 3Y26.66%
EBIT Next 5Y24.03%
FCF growth 1Y4.02%
FCF growth 3Y-8.66%
FCF growth 5Y8.14%
OCF growth 1Y-13.63%
OCF growth 3Y1.97%
OCF growth 5Y12.21%
JAMES HARDIE IND PLC / JHX FAQ
Can you provide the ChartMill fundamental rating for JAMES HARDIE IND PLC?
ChartMill assigns a fundamental rating of 5 / 10 to JHX.
What is the valuation status for JHX stock?
ChartMill assigns a valuation rating of 7 / 10 to JAMES HARDIE IND PLC (JHX). This can be considered as Undervalued.
Can you provide the profitability details for JAMES HARDIE IND PLC?
JAMES HARDIE IND PLC (JHX) has a profitability rating of 6 / 10.
Can you provide the PE and PB ratios for JHX stock?
The Price/Earnings (PE) ratio for JAMES HARDIE IND PLC (JHX) is 11.39 and the Price/Book (PB) ratio is 1.32.
How financially healthy is JAMES HARDIE IND PLC?
The financial health rating of JAMES HARDIE IND PLC (JHX) is 3 / 10.