JANUS HENDERSON GROUP PLC (JHG) Stock Fundamental Analysis
USA - NYSE:JHG - JE00BYPZJM29 - Common Stock
41.63 USD
+0.5 (+1.22%)
41.63 USD
0 (0%)
Overall JHG gets a fundamental rating of 6 out of 10. We evaluated JHG against 235 industry peers in the Capital Markets industry. JHG has an excellent financial health rating, but there are some minor concerns on its profitability. JHG has a decent growth rate and is not valued too expensively.
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.
JHG had positive earnings in each of the past 5 years.
JHG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 5.50%, JHG is in the better half of the industry, outperforming 73.95% of the companies in the same industry.
With a Return On Equity value of 8.60%, JHG perfoms like the industry average, outperforming 48.32% of the companies in the same industry.
JHG has a better Return On Invested Capital (7.69%) than 81.09% 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 7.62%.
The 3 year average ROIC (7.17%) for JHG is below the current ROIC(7.69%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.5% | ||
| ROE | 8.6% | ||
| ROIC | 7.69% |
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 (15.83%) which is in line with its industry peers.
JHG's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 26.23%, JHG perfoms like the industry average, outperforming 51.26% of the companies in the same industry.
JHG's Operating Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.23% | ||
| PM (TTM) | 15.83% | ||
| 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
Compared to 5 years ago, JHG has less shares outstanding
JHG has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.69 indicates that JHG is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a decent Altman-Z score value of 2.69, JHG is doing good in the industry, outperforming 74.37% of the companies in the same industry.
JHG has a debt to FCF ratio of 0.65. This is a very positive value and a sign of high solvency as it would only need 0.65 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 0.65, JHG belongs to the best of the industry, outperforming 91.60% of the companies in the same industry.
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 80.25% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 0.65 | ||
| Altman-Z | 2.69 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 4.49 indicates that JHG has no problem at all paying its short term obligations.
JHG has a Current ratio of 4.49. This is amongst the best in the industry. JHG outperforms 87.39% of its industry peers.
A Quick Ratio of 4.49 indicates that JHG has no problem at all paying its short term obligations.
JHG's Quick ratio of 4.49 is amongst the best of the industry. JHG outperforms 87.39% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.49 | ||
| Quick Ratio | 4.49 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 21.52% 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.
JHG shows a decrease in Revenue. In the last year, the revenue decreased by -7.98%.
JHG shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.44% yearly.
EPS 1Y (TTM)21.52%
EPS 3Y-6.13%
EPS 5Y7.55%
EPS Q2Q%5.88%
Revenue 1Y (TTM)-7.98%
Revenue growth 3Y-3.67%
Revenue growth 5Y2.44%
Sales Q2Q%7.61%
3.2 Future
The Earnings Per Share is expected to grow by 7.83% on average over the next years.
JHG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.33% yearly.
EPS Next Y6.46%
EPS Next 2Y9.21%
EPS Next 3Y8.93%
EPS Next 5Y7.83%
Revenue Next Year11.05%
Revenue Next 2Y10.24%
Revenue Next 3Y6.74%
Revenue Next 5Y6.33%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same 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
Based on the Price/Earnings ratio of 11.34, the valuation of JHG can be described as reasonable.
JHG's Price/Earnings ratio is a bit cheaper when compared to the industry. JHG is cheaper than 66.39% of the companies in the same industry.
JHG's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.89.
JHG is valuated reasonably with a Price/Forward Earnings ratio of 9.86.
71.43% of the companies in the same industry are more expensive than JHG, based on the Price/Forward Earnings ratio.
JHG is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.99, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.34 | ||
| Fwd PE | 9.86 |
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 94.96% of the companies listed in the same industry.
JHG's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. JHG is cheaper than 71.85% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.76 | ||
| EV/EBITDA | 4.36 |
4.3 Compensation for Growth
JHG's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.76
PEG (5Y)1.5
EPS Next 2Y9.21%
EPS Next 3Y8.93%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.89%, JHG has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 8.34, JHG has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.31, JHG pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.89% |
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
60.86% of the earnings are spent on dividend by JHG. This is not a sustainable payout ratio.
JHG's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP60.86%
EPS Next 2Y9.21%
EPS Next 3Y8.93%
41.63
+0.5 (+1.22%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners94.18%
Inst Owner Change0.11%
Ins Owners0.3%
Ins Owner Change4.23%
Market Cap6.49B
Revenue(TTM)2.59B
Net Income(TTM)410.10M
Analysts73.33
Price Target46.34 (11.31%)
Short Float %1.67%
Short Ratio2.37
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.89% |
Yearly Dividend1.56
Dividend Growth(5Y)1.81%
DP60.86%
Div Incr Years0
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.98%
Min EPS beat(2)6.81%
Max EPS beat(2)7.15%
EPS beat(4)4
Avg EPS beat(4)10.52%
Min EPS beat(4)6.81%
Max EPS beat(4)15.66%
EPS beat(8)8
Avg EPS beat(8)17.41%
EPS beat(12)12
Avg EPS beat(12)19.6%
EPS beat(16)14
Avg EPS beat(16)14.73%
Revenue beat(2)1
Avg Revenue beat(2)0.07%
Min Revenue beat(2)-0.26%
Max Revenue beat(2)0.41%
Revenue beat(4)3
Avg Revenue beat(4)3.03%
Min Revenue beat(4)-0.26%
Max Revenue beat(4)8.72%
Revenue beat(8)6
Avg Revenue beat(8)3.43%
Revenue beat(12)9
Avg Revenue beat(12)3.18%
Revenue beat(16)10
Avg Revenue beat(16)2.2%
PT rev (1m)0%
PT rev (3m)6.58%
EPS NQ rev (1m)3.94%
EPS NQ rev (3m)6.56%
EPS NY rev (1m)2.23%
EPS NY rev (3m)9.52%
Revenue NQ rev (1m)1.02%
Revenue NQ rev (3m)3.95%
Revenue NY rev (1m)1.02%
Revenue NY rev (3m)5.54%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.34 | ||
| Fwd PE | 9.86 | ||
| P/S | 2.51 | ||
| P/FCF | 10.76 | ||
| P/OCF | 10.58 | ||
| P/B | 1.36 | ||
| P/tB | 10.93 | ||
| EV/EBITDA | 4.36 |
EPS(TTM)3.67
EY8.82%
EPS(NY)4.22
Fwd EY10.14%
FCF(TTM)3.87
FCFY9.29%
OCF(TTM)3.94
OCFY9.45%
SpS16.61
BVpS30.57
TBVpS3.81
PEG (NY)1.76
PEG (5Y)1.5
Graham Number50.24
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.5% | ||
| ROE | 8.6% | ||
| ROCE | 10% | ||
| ROIC | 7.69% | ||
| ROICexc | 11.77% | ||
| ROICexgc | 195.8% | ||
| OM | 26.23% | ||
| PM (TTM) | 15.83% | ||
| GM | N/A | ||
| FCFM | 23.29% |
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-Score5
Asset Turnover0.35
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 0.65 | ||
| Debt/EBITDA | 0.56 | ||
| Cap/Depr | 33.12% | ||
| Cap/Sales | 0.4% | ||
| Interest Coverage | 30.75 | ||
| Cash Conversion | 86.37% | ||
| Profit Quality | 147.16% | ||
| Current Ratio | 4.49 | ||
| Quick Ratio | 4.49 | ||
| Altman-Z | 2.69 |
F-Score5
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)21.52%
EPS 3Y-6.13%
EPS 5Y7.55%
EPS Q2Q%5.88%
EPS Next Y6.46%
EPS Next 2Y9.21%
EPS Next 3Y8.93%
EPS Next 5Y7.83%
Revenue 1Y (TTM)-7.98%
Revenue growth 3Y-3.67%
Revenue growth 5Y2.44%
Sales Q2Q%7.61%
Revenue Next Year11.05%
Revenue Next 2Y10.24%
Revenue Next 3Y6.74%
Revenue Next 5Y6.33%
EBIT growth 1Y1.72%
EBIT growth 3Y-11.92%
EBIT growth 5Y3.34%
EBIT Next Year15.12%
EBIT Next 3Y10.07%
EBIT Next 5Y0.64%
FCF growth 1Y45.6%
FCF growth 3Y-8.21%
FCF growth 5Y9.98%
OCF growth 1Y42.38%
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 6 / 10 to JANUS HENDERSON GROUP PLC (JHG). This can be considered as Fairly Valued.
How profitable is JANUS HENDERSON GROUP PLC (JHG) stock?
JANUS HENDERSON GROUP PLC (JHG) has a profitability rating of 5 / 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 6.46% 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 60.86%.