JAMES HARDIE IND PLC (JHX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:JHX - US47030M1062 - Common Stock
22.87 USD
+1.32 (+6.13%)
22.75 USD
-0.12 (-0.52%)
Taking everything into account, JHX scores 5 out of 10 in our fundamental rating. JHX was compared to 13 industry peers in the Construction Materials industry. JHX has a medium profitability rating, but doesn't score so well on its financial health evaluation. JHX has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
JHX had positive earnings in the past year.
In the past year JHX had a positive cash flow from operations.
JHX had positive earnings in each of the past 5 years.
JHX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
JHX has a Return On Assets of 1.37%. This is amonst the worse of the industry: JHX underperforms 84.62% of its industry peers.
Looking at the Return On Equity, with a value of 3.04%, JHX is doing worse than 84.62% of the companies in the same industry.
With a Return On Invested Capital value of 3.80%, JHX is not doing good in the industry: 84.62% of the companies in the same industry are doing better.
Measured over the past 3 years, the Average Return On Invested Capital for JHX is above the industry average of 9.37%.
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
With a Profit Margin value of 4.67%, JHX is not doing good in the industry: 84.62% of the companies in the same industry are doing better.
In the last couple of years the Profit Margin of JHX has grown nicely.
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.
JHX's Operating Margin has improved in the last couple of years.
The Gross Margin of JHX (36.27%) is better than 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
Compared to 5 years ago, JHX has less shares outstanding
Compared to 1 year ago, JHX has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.48, we must say that JHX is in the distress zone and has some risk of bankruptcy.
JHX's Altman-Z score of 1.48 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 worse Debt to FCF ratio (17.06) than 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 | 1.48 |
ROIC/WACC0.53
WACC7.15%
2.3 Liquidity
JHX has a Current Ratio of 1.79. This is a normal value and indicates that JHX is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of JHX (1.79) is comparable to the rest of the industry.
JHX has a Quick Ratio of 1.23. This is a normal value and indicates that JHX is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of JHX (1.23) is comparable to the rest of the industry.
| 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.
The Earnings Per Share has been growing by 13.73% on average over the past years. This is quite good.
The Revenue has been growing slightly by 4.60% in the past year.
JHX shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.27% yearly.
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.
The Revenue is expected to grow by 13.86% on average over the next years. This is quite good.
EPS Next Y-30.56%
EPS Next 2Y-8.76%
EPS Next 3Y2.2%
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
JHX is valuated correctly with a Price/Earnings ratio of 13.37.
JHX's Price/Earnings ratio is rather cheap when compared to the industry. JHX is cheaper than 92.31% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.19, JHX is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 13.73, the valuation of JHX can be described as correct.
JHX's Price/Forward Earnings ratio is rather cheap when compared to the industry. JHX is cheaper than 92.31% of the companies in the same industry.
JHX's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.37 | ||
| Fwd PE | 13.73 |
4.2 Price Multiples
JHX's Enterprise Value to EBITDA is on the same level as the industry average.
JHX's Price/Free Cash Flow ratio is rather cheap when compared to the industry. JHX is cheaper than 84.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 32.78 | ||
| EV/EBITDA | 13.89 |
4.3 Compensation for Growth
JHX has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.97
EPS Next 2Y-8.76%
EPS Next 3Y2.2%
5. Dividend
5.1 Amount
JHX has a Yearly Dividend Yield of 2.07%.
JHX's Dividend Yield is rather good when compared to the industry average which is at 2.09. 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 1.92.
| 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-8.76%
EPS Next 3Y2.2%
22.87
+1.32 (+6.13%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryConstruction Materials
Earnings (Last)
Earnings (Next)
Inst Owners48.08%
Inst Owner Change-0.07%
Ins Owners0.14%
Ins Owner ChangeN/A
Market Cap9.83B
Revenue(TTM)4.12B
Net Income(TTM)192.10M
Analysts78.82
Price Target25.65 (12.16%)
Short Float %25.09%
Short Ratio2.62
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)4.78%
PT rev (3m)7.66%
EPS NQ rev (1m)0%
EPS NQ rev (3m)46.57%
EPS NY rev (1m)0.43%
EPS NY rev (3m)61.41%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)3.96%
Revenue NY rev (1m)0%
Revenue NY rev (3m)6.88%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.37 | ||
| Fwd PE | 13.73 | ||
| P/S | 2.39 | ||
| P/FCF | 32.78 | ||
| P/OCF | 14.19 | ||
| P/B | 1.55 | ||
| P/tB | N/A | ||
| EV/EBITDA | 13.89 |
EPS(TTM)1.71
EY7.48%
EPS(NY)1.67
Fwd EY7.29%
FCF(TTM)0.7
FCFY3.05%
OCF(TTM)1.61
OCFY7.05%
SpS9.58
BVpS14.71
TBVpS-4.76
PEG (NY)N/A
PEG (5Y)0.97
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 | 1.48 |
F-Score3
WACC7.15%
ROIC/WACC0.53
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-30.56%
EPS Next 2Y-8.76%
EPS Next 3Y2.2%
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 of JAMES HARDIE IND PLC (JHX) stock?
ChartMill assigns a valuation rating of 6 / 10 to JAMES HARDIE IND PLC (JHX). This can be considered as Fairly Valued.
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 13.37 and the Price/Book (PB) ratio is 1.55.
What is the earnings growth outlook for JAMES HARDIE IND PLC?
The Earnings per Share (EPS) of JAMES HARDIE IND PLC (JHX) is expected to decline by -30.56% in the next year.