JAMES HARDIE IND PLC (JHX) Fundamental Analysis & Valuation

NYSE:JHX • US47030M1062

22.305 USD
-0.14 (-0.65%)
Last: Mar 5, 2026, 11:15 AM

This JHX fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to JHX. JHX was compared to 13 industry peers in the Construction Materials industry. While JHX is still in line with the averages on profitability rating, there are concerns on its financial health. JHX has a correct valuation and a medium growth rate.


Dividend Valuation Growth Profitability Health

6

1. JHX Profitability Analysis

1.1 Basic Checks

  • In the past year JHX was profitable.
  • JHX had a positive operating cash flow in the past year.
  • Each year in the past 5 years JHX has been profitable.
  • Each year in the past 5 years JHX had a positive operating cash flow.
JHX Yearly Net Income VS EBIT VS OCF VS FCFJHX Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M -500M

1.2 Ratios

  • JHX has a worse Return On Assets (0.86%) than 84.62% of its industry peers.
  • With a Return On Equity value of 1.86%, JHX is not doing good in the industry: 84.62% of the companies in the same industry are doing better.
  • The Return On Invested Capital of JHX (3.75%) is worse than 76.92% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for JHX is significantly above the industry average of 8.88%.
  • The last Return On Invested Capital (3.75%) for JHX is well below the 3 year average (13.97%), which needs to be investigated, but indicates that JHX had better years and this may not be a problem.
Industry RankSector Rank
ROA 0.86%
ROE 1.86%
ROIC 3.75%
ROA(3y)9.97%
ROA(5y)9.43%
ROE(3y)26.28%
ROE(5y)27.61%
ROIC(3y)13.97%
ROIC(5y)14.14%
JHX Yearly ROA, ROE, ROICJHX Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 -50 -100

1.3 Margins

  • Looking at the Profit Margin, with a value of 2.70%, JHX is doing worse than 84.62% of the companies in the same industry.
  • JHX's Profit Margin has improved in the last couple of years.
  • Looking at the Operating Margin, with a value of 16.21%, JHX is in line with its industry, outperforming 53.85% of the companies in the same industry.
  • In the last couple of years the Operating Margin of JHX has grown nicely.
  • Looking at the Gross Margin, with a value of 35.86%, JHX belongs to the top of the industry, outperforming 84.62% of the companies in the same industry.
  • In the last couple of years the Gross Margin of JHX has grown nicely.
Industry RankSector Rank
OM 16.21%
PM (TTM) 2.7%
GM 35.86%
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%
JHX Yearly Profit, Operating, Gross MarginsJHX Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40

3

2. JHX Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), JHX 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.
JHX Yearly Shares OutstandingJHX Yearly Shares OutstandingYearly Shares Outstanding 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M
JHX Yearly Total Debt VS Total AssetsJHX Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B 5B

2.2 Solvency

  • Based on the Altman-Z score of 1.51, we must say that JHX is in the distress zone and has some risk of bankruptcy.
  • JHX's Altman-Z score of 1.51 is on the low side compared to the rest of the industry. JHX is outperformed by 61.54% of its industry peers.
  • The Debt to FCF ratio of JHX is 22.60, which is on the high side as it means it would take JHX, 22.60 years of fcf income to pay off all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 22.60, JHX is doing worse than 61.54% of the companies in the same industry.
  • JHX has a Debt/Equity ratio of 0.73. This is a neutral value indicating JHX is somewhat dependend on debt financing.
  • JHX has a worse Debt to Equity ratio (0.73) than 84.62% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.73
Debt/FCF 22.6
Altman-Z 1.51
ROIC/WACC0.51
WACC7.29%
JHX Yearly LT Debt VS Equity VS FCFJHX Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M -500M 1B 1.5B 2B

2.3 Liquidity

  • A Current Ratio of 1.54 indicates that JHX should not have too much problems paying its short term obligations.
  • JHX's Current ratio of 1.54 is on the low side compared to the rest of the industry. JHX is outperformed by 61.54% of its industry peers.
  • A Quick Ratio of 0.95 indicates that JHX may have some problems paying its short term obligations.
  • Looking at the Quick ratio, with a value of 0.95, JHX is doing worse than 69.23% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.54
Quick Ratio 0.95
JHX Yearly Current Assets VS Current LiabilitesJHX Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B

6

3. JHX Growth Analysis

3.1 Past

  • The earnings per share for JHX have decreased strongly by -24.84% in the last year.
  • Measured over the past years, JHX shows a quite strong growth in Earnings Per Share. The EPS has been growing by 13.73% on average per year.
  • The Revenue has grown by 12.59% in the past year. This is quite good.
  • 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)-24.84%
EPS 3Y2.07%
EPS 5Y13.73%
EPS Q2Q%-33.33%
Revenue 1Y (TTM)12.59%
Revenue growth 3Y2.37%
Revenue growth 5Y8.27%
Sales Q2Q%30.05%

3.2 Future

  • The Earnings Per Share is expected to grow by 8.28% on average over the next years. This is quite good.
  • JHX is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 13.09% yearly.
EPS Next Y-30.17%
EPS Next 2Y-8.79%
EPS Next 3Y2.22%
EPS Next 5Y8.28%
Revenue Next Year23.89%
Revenue Next 2Y19.48%
Revenue Next 3Y16.01%
Revenue Next 5Y13.09%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
JHX Yearly Revenue VS EstimatesJHX Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 2B 4B 6B 8B
JHX Yearly EPS VS EstimatesJHX Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 1 2 3

4

4. JHX Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 14.30, which indicates a correct valuation of JHX.
  • Compared to the rest of the industry, the Price/Earnings ratio of JHX indicates a rather cheap valuation: JHX is cheaper than 100.00% of the companies listed in the same industry.
  • JHX is valuated rather cheaply when we compare the Price/Earnings ratio to 27.03, which is the current average of the S&P500 Index.
  • JHX is valuated correctly with a Price/Forward Earnings ratio of 13.27.
  • Based on the Price/Forward Earnings ratio, JHX is valued cheaply inside the industry as 92.31% of the companies are valued more expensively.
  • JHX's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.11.
Industry RankSector Rank
PE 14.3
Fwd PE 13.27
JHX Price Earnings VS Forward Price EarningsJHX Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of JHX indicates a somewhat cheap valuation: JHX is cheaper than 61.54% of the companies listed in the same industry.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of JHX indicates a slightly more expensive valuation: JHX is more expensive than 61.54% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 45.92
EV/EBITDA 12.71
JHX Per share dataJHX EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 10

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)1.04
EPS Next 2Y-8.79%
EPS Next 3Y2.22%

4

5. JHX Dividend Analysis

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 2.08. JHX pays more dividend than 92.31% of the companies in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.82, JHX has a dividend comparable with the average S&P500 company.
Industry RankSector Rank
Dividend Yield 2.07%

5.2 History

  • JHX has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
JHX Yearly Dividends per shareJHX Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2021 2022 0.5 1 1.5

5.3 Sustainability

DP0%
EPS Next 2Y-8.79%
EPS Next 3Y2.22%
JHX Yearly Income VS Free CF VS DividendJHX Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200M -200M 400M -400M 600M

JHX Fundamentals: All Metrics, Ratios and Statistics

JAMES HARDIE IND PLC

NYSE:JHX (3/5/2026, 11:15:05 AM)

22.305

-0.14 (-0.65%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryConstruction Materials
Earnings (Last)02-11
Earnings (Next)05-18
Inst Owners48.08%
Inst Owner Change15.39%
Ins Owners0.14%
Ins Owner ChangeN/A
Market Cap9.59B
Revenue(TTM)4.40B
Net Income(TTM)119.10M
Analysts78.82
Price Target29.54 (32.44%)
Short Float %27.48%
Short Ratio2.8
Dividend
Industry RankSector 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)0.58%
Min EPS beat(2)-2.13%
Max EPS beat(2)3.3%
EPS beat(4)1
Avg EPS beat(4)-3.68%
Min EPS beat(4)-13.86%
Max EPS beat(4)3.3%
EPS beat(8)4
Avg EPS beat(8)-1.01%
EPS beat(12)7
Avg EPS beat(12)0.79%
EPS beat(16)7
Avg EPS beat(16)-1.41%
Revenue beat(2)0
Avg Revenue beat(2)-0.59%
Min Revenue beat(2)-0.82%
Max Revenue beat(2)-0.37%
Revenue beat(4)0
Avg Revenue beat(4)-2.45%
Min Revenue beat(4)-7.1%
Max Revenue beat(4)-0.37%
Revenue beat(8)0
Avg Revenue beat(8)-2.13%
Revenue beat(12)4
Avg Revenue beat(12)-1%
Revenue beat(16)6
Avg Revenue beat(16)-1.32%
PT rev (1m)15.16%
PT rev (3m)18.51%
EPS NQ rev (1m)2.21%
EPS NQ rev (3m)2.28%
EPS NY rev (1m)0.99%
EPS NY rev (3m)14.7%
Revenue NQ rev (1m)1.11%
Revenue NQ rev (3m)1.11%
Revenue NY rev (1m)0.85%
Revenue NY rev (3m)3.2%
Valuation
Industry RankSector Rank
PE 14.3
Fwd PE 13.27
P/S 2.18
P/FCF 45.92
P/OCF 15.96
P/B 1.5
P/tB N/A
EV/EBITDA 12.71
EPS(TTM)1.56
EY6.99%
EPS(NY)1.68
Fwd EY7.54%
FCF(TTM)0.49
FCFY2.18%
OCF(TTM)1.4
OCFY6.27%
SpS10.24
BVpS14.88
TBVpS-4.54
PEG (NY)N/A
PEG (5Y)1.04
Graham Number22.85
Profitability
Industry RankSector Rank
ROA 0.86%
ROE 1.86%
ROCE 5.62%
ROIC 3.75%
ROICexc 3.85%
ROICexgc 11.9%
OM 16.21%
PM (TTM) 2.7%
GM 35.86%
FCFM 4.74%
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 Turnover0.32
Health
Industry RankSector Rank
Debt/Equity 0.73
Debt/FCF 22.6
Debt/EBITDA 4.23
Cap/Depr 100.54%
Cap/Sales 8.9%
Interest Coverage 250
Cash Conversion 54.44%
Profit Quality 175.32%
Current Ratio 1.54
Quick Ratio 0.95
Altman-Z 1.51
F-Score3
WACC7.29%
ROIC/WACC0.51
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)-24.84%
EPS 3Y2.07%
EPS 5Y13.73%
EPS Q2Q%-33.33%
EPS Next Y-30.17%
EPS Next 2Y-8.79%
EPS Next 3Y2.22%
EPS Next 5Y8.28%
Revenue 1Y (TTM)12.59%
Revenue growth 3Y2.37%
Revenue growth 5Y8.27%
Sales Q2Q%30.05%
Revenue Next Year23.89%
Revenue Next 2Y19.48%
Revenue Next 3Y16.01%
Revenue Next 5Y13.09%
EBIT growth 1Y-19.24%
EBIT growth 3Y1.83%
EBIT growth 5Y12.01%
EBIT Next Year44.44%
EBIT Next 3Y26.85%
EBIT Next 5Y21.8%
FCF growth 1Y-54.23%
FCF growth 3Y-8.66%
FCF growth 5Y8.14%
OCF growth 1Y-35.05%
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 4 / 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 14.3 and the Price/Book (PB) ratio is 1.5.


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 -30.17% in the next year.