JANUS HENDERSON GROUP PLC (JHG) Stock Fundamental Analysis
USA - NYSE:JHG - JE00BYPZJM29 - Common Stock
42.94 USD
+0.8 (+1.9%)
42.94 USD
0 (0%)
JHG gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 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. A decent growth rate in combination with a cheap valuation! Better keep an eye on JHG. This makes JHG very considerable for value investing!
1. Profitability
1.1 Basic Checks
JHG had positive earnings in the past year.
In the past year JHG had a positive cash flow from operations.
In the past 5 years JHG has always been profitable.
JHG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
JHG has a better Return On Assets (6.86%) than 81.01% of its industry peers.
JHG has a better Return On Equity (10.93%) than 63.29% of its industry peers.
JHG has a Return On Invested Capital of 7.82%. This is amongst the best in the industry. JHG outperforms 81.86% of its industry peers.
The Average Return On Invested Capital over the past 3 years for JHG is in line with the industry average of 7.11%.
The 3 year average ROIC (7.17%) for JHG is below the current ROIC(7.82%), indicating increased profibility in the last year.
| 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.
In the last couple of years the Profit Margin of JHG has declined.
The Operating Margin of JHG (26.06%) is comparable to the rest of the industry.
JHG's Operating Margin has been stable in the last couple of years.
| 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
Compared to 1 year ago, JHG has less shares outstanding
JHG has less shares outstanding than it did 5 years ago.
The debt/assets ratio for JHG is higher compared to a year ago.
2.2 Solvency
JHG has an Altman-Z score of 2.63. This is not the best score and indicates that JHG is in the grey zone with still only limited risk for bankruptcy at the moment.
JHG has a better Altman-Z score (2.63) than 75.11% of its industry peers.
The Debt to FCF ratio of JHG is 0.62, which is an excellent value as it means it would take JHG, only 0.62 years of fcf income to pay off all of its debts.
JHG has a better Debt to FCF ratio (0.62) than 91.98% 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.
JHG has a Debt to Equity ratio of 0.08. This is amongst the best in the industry. JHG outperforms 80.17% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 0.62 | ||
| Altman-Z | 2.63 |
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.
With an excellent Current ratio value of 4.02, JHG belongs to the best of the industry, outperforming 84.81% of the companies in the same industry.
A Quick Ratio of 4.02 indicates that JHG has no problem at all paying its short term obligations.
The Quick ratio of JHG (4.02) is better than 84.81% of its industry peers.
| 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.
The Revenue has decreased by -8.16% in the past year.
The Revenue has been growing slightly by 2.44% on average over the past years.
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.
The Revenue is expected to grow by 4.69% on average over the next years.
EPS Next Y11.24%
EPS Next 2Y10.98%
EPS Next 3Y9.76%
EPS Next 5Y9.19%
Revenue Next Year11.65%
Revenue Next 2Y10.02%
Revenue Next 3Y6.3%
Revenue Next 5Y4.69%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 11.15, the valuation of JHG can be described as very reasonable.
Based on the Price/Earnings ratio, JHG is valued a bit cheaper than the industry average as 64.56% of the companies are valued more expensively.
JHG is valuated cheaply when we compare the Price/Earnings ratio to 25.45, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 9.85 indicates a reasonable valuation of JHG.
JHG's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. JHG is cheaper than 69.62% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 34.46. JHG is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.15 | ||
| Fwd PE | 9.85 |
4.2 Price Multiples
JHG's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. JHG is cheaper than 95.78% of the companies in the same industry.
JHG's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. JHG is cheaper than 68.78% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.56 | ||
| EV/EBITDA | 4.11 |
4.3 Compensation for Growth
JHG's 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)1.48
EPS Next 2Y10.98%
EPS Next 3Y9.76%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.66%, JHG has a reasonable but not impressive dividend return.
JHG's Dividend Yield is comparable with the industry average which is at 8.50.
JHG's Dividend Yield is a higher than the S&P500 average which is at 2.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.66% |
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 2Y10.98%
EPS Next 3Y9.76%
42.94
+0.8 (+1.9%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners94.18%
Inst Owner Change0.09%
Ins Owners0.3%
Ins Owner Change-5.85%
Market Cap6.70B
Revenue(TTM)2.67B
Net Income(TTM)522.30M
Analysts73.85
Price Target50.55 (17.72%)
Short Float %1.1%
Short Ratio1.28
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.66% |
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)9.08%
PT rev (3m)10.47%
EPS NQ rev (1m)11.13%
EPS NQ rev (3m)12.94%
EPS NY rev (1m)6.82%
EPS NY rev (3m)14.43%
Revenue NQ rev (1m)6.07%
Revenue NQ rev (3m)9.15%
Revenue NY rev (1m)1.24%
Revenue NY rev (3m)5.99%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.15 | ||
| Fwd PE | 9.85 | ||
| P/S | 2.51 | ||
| P/FCF | 10.56 | ||
| P/OCF | 10.4 | ||
| P/B | 1.4 | ||
| P/tB | 10.73 | ||
| EV/EBITDA | 4.11 |
EPS(TTM)3.85
EY8.97%
EPS(NY)4.36
Fwd EY10.15%
FCF(TTM)4.06
FCFY9.47%
OCF(TTM)4.13
OCFY9.62%
SpS17.1
BVpS30.63
TBVpS4
PEG (NY)0.99
PEG (5Y)1.48
Graham Number51.51
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 | 2.63 |
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 Y11.24%
EPS Next 2Y10.98%
EPS Next 3Y9.76%
EPS Next 5Y9.19%
Revenue 1Y (TTM)-8.16%
Revenue growth 3Y-3.67%
Revenue growth 5Y2.44%
Sales Q2Q%14.5%
Revenue Next Year11.65%
Revenue Next 2Y10.02%
Revenue Next 3Y6.3%
Revenue Next 5Y4.69%
EBIT growth 1Y-2.26%
EBIT growth 3Y-11.92%
EBIT growth 5Y3.34%
EBIT Next Year15.12%
EBIT Next 3Y10.07%
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 11.24% 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%.