JANUS HENDERSON GROUP PLC (JHG) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:JHG - JE00BYPZJM29 - Common Stock
45.31 USD
-0.01 (-0.02%)
45.31 USD
0 (0%)
Taking everything into account, JHG scores 6 out of 10 in our fundamental rating. JHG was compared to 237 industry peers in the Capital Markets industry. JHG is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. JHG is valued quite cheap, while showing a decent growth score. This is a good combination! These ratings could make JHG a good candidate for value investing.
1. Profitability
1.1 Basic Checks
JHG had positive earnings in the past year.
JHG had a positive operating cash flow in the past year.
In the past 5 years JHG has always been profitable.
In the past 5 years JHG always reported a positive cash flow from operatings.
1.2 Ratios
JHG has a Return On Assets of 6.86%. This is amongst the best in the industry. JHG outperforms 81.01% of its industry peers.
With a decent Return On Equity value of 10.93%, JHG is doing good in the industry, outperforming 62.87% of the companies in the same industry.
JHG's Return On Invested Capital of 7.82% is amongst the best of the industry. JHG outperforms 81.86% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for JHG is in line with the industry average of 7.00%.
The last Return On Invested Capital (7.82%) for JHG is above the 3 year average (7.17%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.86% | ||
| ROE | 10.93% | ||
| ROIC | 7.82% |
ROA(3y)5.79%
ROA(5y)5.75%
ROE(3y)8.45%
ROE(5y)8.35%
ROIC(3y)7.17%
ROIC(5y)8.49%
1.3 Margins
JHG has a Profit Margin (19.58%) which is comparable to the rest of the industry.
JHG's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 26.06%, JHG perfoms like the industry average, outperforming 54.43% of the companies in the same industry.
In the last couple of years the Operating Margin of JHG has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.06% | ||
| PM (TTM) | 19.58% | ||
| GM | N/A |
OM growth 3Y-8.56%
OM growth 5Y0.87%
PM growth 3Y-9.59%
PM growth 5Y-3.2%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
JHG has less shares outstanding than it did 1 year ago.
The number of shares outstanding for JHG has been reduced compared to 5 years ago.
Compared to 1 year ago, JHG has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.72 indicates that JHG is not a great score, but indicates only limited risk for bankruptcy at the moment.
JHG has a Altman-Z score of 2.72. This is in the better half of the industry: JHG outperforms 74.26% of its industry peers.
JHG has a debt to FCF ratio of 0.62. This is a very positive value and a sign of high solvency as it would only need 0.62 years to pay back of all of its debts.
JHG's Debt to FCF ratio of 0.62 is amongst the best of the industry. JHG outperforms 91.14% of its industry peers.
JHG has a Debt/Equity ratio of 0.08. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of JHG (0.08) is better than 79.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 0.62 | ||
| Altman-Z | 2.72 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
JHG has a Current Ratio of 4.02. This indicates that JHG is financially healthy and has no problem in meeting its short term obligations.
JHG has a Current ratio of 4.02. This is amongst the best in the industry. JHG outperforms 83.54% of its industry peers.
A Quick Ratio of 4.02 indicates that JHG has no problem at all paying its short term obligations.
With an excellent Quick ratio value of 4.02, JHG belongs to the best of the industry, outperforming 83.54% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.02 | ||
| Quick Ratio | 4.02 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 17.02% over the past year.
Measured over the past 5 years, JHG shows a small growth in Earnings Per Share. The EPS has been growing by 7.55% on average per year.
Looking at the last year, JHG shows a decrease in Revenue. The Revenue has decreased by -8.16% in the last year.
JHG shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.44% yearly.
EPS 1Y (TTM)17.02%
EPS 3Y-6.13%
EPS 5Y7.55%
EPS Q2Q%19.78%
Revenue 1Y (TTM)-8.16%
Revenue growth 3Y-3.67%
Revenue growth 5Y2.44%
Sales Q2Q%14.5%
3.2 Future
The Earnings Per Share is expected to grow by 9.19% on average over the next years. This is quite good.
JHG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.69% yearly.
EPS Next Y11.94%
EPS Next 2Y10.45%
EPS Next 3Y9.04%
EPS Next 5Y9.19%
Revenue Next Year10.08%
Revenue Next 2Y8.48%
Revenue Next 3Y5%
Revenue Next 5Y4.69%
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 accelerating.
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
JHG is valuated reasonably with a Price/Earnings ratio of 11.77.
Based on the Price/Earnings ratio, JHG is valued a bit cheaper than the industry average as 61.60% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of JHG to the average of the S&P500 Index (26.22), we can say JHG is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 10.49, the valuation of JHG can be described as reasonable.
JHG's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. JHG is cheaper than 68.78% of the companies in the same industry.
JHG is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.58, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.77 | ||
| Fwd PE | 10.49 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of JHG indicates a rather cheap valuation: JHG is cheaper than 93.67% of the companies listed in the same industry.
70.46% of the companies in the same industry are more expensive than JHG, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.04 | ||
| EV/EBITDA | 4.7 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of JHG may justify a higher PE ratio.
PEG (NY)0.99
PEG (5Y)1.56
EPS Next 2Y10.45%
EPS Next 3Y9.04%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.48%, JHG has a reasonable but not impressive dividend return.
JHG's Dividend Yield is comparable with the industry average which is at 6.13.
JHG's Dividend Yield is rather good when compared to the S&P500 average which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.48% |
5.2 History
The dividend of JHG has a limited annual growth rate of 1.81%.
JHG has been paying a dividend for over 5 years, so it has already some track record.
JHG has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)1.81%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
47.81% of the earnings are spent on dividend by JHG. This is a bit on the high side, but may be sustainable.
The dividend of JHG is growing, but earnings are growing more, so the dividend growth is sustainable.
DP47.81%
EPS Next 2Y10.45%
EPS Next 3Y9.04%
45.31
-0.01 (-0.02%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners94.55%
Inst Owner Change0.14%
Ins Owners0.3%
Ins Owner Change-5.86%
Market Cap7.00B
Revenue(TTM)2.67B
Net Income(TTM)522.30M
Analysts75
Price Target51.51 (13.68%)
Short Float %1.02%
Short Ratio1.23
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.48% |
Yearly Dividend1.56
Dividend Growth(5Y)1.81%
DP47.81%
Div Incr Years0
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)7.77%
Min EPS beat(2)6.81%
Max EPS beat(2)8.74%
EPS beat(4)4
Avg EPS beat(4)8.79%
Min EPS beat(4)6.81%
Max EPS beat(4)12.46%
EPS beat(8)8
Avg EPS beat(8)16.04%
EPS beat(12)12
Avg EPS beat(12)18.13%
EPS beat(16)14
Avg EPS beat(16)14.22%
Revenue beat(2)2
Avg Revenue beat(2)3.83%
Min Revenue beat(2)0.41%
Max Revenue beat(2)7.26%
Revenue beat(4)3
Avg Revenue beat(4)2.67%
Min Revenue beat(4)-0.26%
Max Revenue beat(4)7.26%
Revenue beat(8)6
Avg Revenue beat(8)4.24%
Revenue beat(12)9
Avg Revenue beat(12)3.33%
Revenue beat(16)11
Avg Revenue beat(16)2.71%
PT rev (1m)1.91%
PT rev (3m)11.16%
EPS NQ rev (1m)-0.3%
EPS NQ rev (3m)14.75%
EPS NY rev (1m)0.63%
EPS NY rev (3m)10.67%
Revenue NQ rev (1m)-1.85%
Revenue NQ rev (3m)7.13%
Revenue NY rev (1m)-1.4%
Revenue NY rev (3m)0.15%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.77 | ||
| Fwd PE | 10.49 | ||
| P/S | 2.62 | ||
| P/FCF | 11.04 | ||
| P/OCF | 10.87 | ||
| P/B | 1.47 | ||
| P/tB | 11.21 | ||
| EV/EBITDA | 4.7 |
EPS(TTM)3.85
EY8.5%
EPS(NY)4.32
Fwd EY9.53%
FCF(TTM)4.1
FCFY9.06%
OCF(TTM)4.17
OCFY9.2%
SpS17.26
BVpS30.92
TBVpS4.04
PEG (NY)0.99
PEG (5Y)1.56
Graham Number51.76
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.86% | ||
| ROE | 10.93% | ||
| ROCE | 10.17% | ||
| ROIC | 7.82% | ||
| ROICexc | 12.35% | ||
| ROICexgc | 307.49% | ||
| OM | 26.06% | ||
| PM (TTM) | 19.58% | ||
| GM | N/A | ||
| FCFM | 23.77% |
ROA(3y)5.79%
ROA(5y)5.75%
ROE(3y)8.45%
ROE(5y)8.35%
ROIC(3y)7.17%
ROIC(5y)8.49%
ROICexc(3y)10.57%
ROICexc(5y)12.25%
ROICexgc(3y)229.01%
ROICexgc(5y)240.83%
ROCE(3y)9.32%
ROCE(5y)11.04%
ROICexgc growth 3Y-1.03%
ROICexgc growth 5Y17.72%
ROICexc growth 3Y-12.47%
ROICexc growth 5Y6.61%
OM growth 3Y-8.56%
OM growth 5Y0.87%
PM growth 3Y-9.59%
PM growth 5Y-3.2%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.35
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 0.62 | ||
| Debt/EBITDA | 0.54 | ||
| Cap/Depr | 28.86% | ||
| Cap/Sales | 0.38% | ||
| Interest Coverage | 27.04 | ||
| Cash Conversion | 88.23% | ||
| Profit Quality | 121.39% | ||
| Current Ratio | 4.02 | ||
| Quick Ratio | 4.02 | ||
| Altman-Z | 2.72 |
F-Score7
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)47.97%
Cap/Depr(5y)41.13%
Cap/Sales(3y)0.57%
Cap/Sales(5y)0.57%
Profit Quality(3y)136.97%
Profit Quality(5y)191.48%
High Growth Momentum
Growth
EPS 1Y (TTM)17.02%
EPS 3Y-6.13%
EPS 5Y7.55%
EPS Q2Q%19.78%
EPS Next Y11.94%
EPS Next 2Y10.45%
EPS Next 3Y9.04%
EPS Next 5Y9.19%
Revenue 1Y (TTM)-8.16%
Revenue growth 3Y-3.67%
Revenue growth 5Y2.44%
Sales Q2Q%14.5%
Revenue Next Year10.08%
Revenue Next 2Y8.48%
Revenue Next 3Y5%
Revenue Next 5Y4.69%
EBIT growth 1Y-2.26%
EBIT growth 3Y-11.92%
EBIT growth 5Y3.34%
EBIT Next Year20.86%
EBIT Next 3Y10.29%
EBIT Next 5Y0.64%
FCF growth 1Y54.48%
FCF growth 3Y-8.21%
FCF growth 5Y9.98%
OCF growth 1Y51.16%
OCF growth 3Y-8.12%
OCF growth 5Y8.44%
JANUS HENDERSON GROUP PLC / JHG FAQ
What is the fundamental rating for JHG stock?
ChartMill assigns a fundamental rating of 6 / 10 to JHG.
What is the valuation status for JHG stock?
ChartMill assigns a valuation rating of 7 / 10 to JANUS HENDERSON GROUP PLC (JHG). This can be considered as Undervalued.
How profitable is JANUS HENDERSON GROUP PLC (JHG) stock?
JANUS HENDERSON GROUP PLC (JHG) has a profitability rating of 6 / 10.
Can you provide the expected EPS growth for JHG stock?
The Earnings per Share (EPS) of JANUS HENDERSON GROUP PLC (JHG) is expected to grow by 11.94% in the next year.
How sustainable is the dividend of JANUS HENDERSON GROUP PLC (JHG) stock?
The dividend rating of JANUS HENDERSON GROUP PLC (JHG) is 5 / 10 and the dividend payout ratio is 47.81%.