JANUS HENDERSON GROUP PLC (JHG) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:JHG - JE00BYPZJM29 - Common Stock
47.91 USD
-0.09 (-0.19%)
47.91 USD
0 (0%)
JHG gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 235 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 has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year JHG was profitable.
JHG had a positive operating cash flow in the past year.
JHG had positive earnings in each of the past 5 years.
Each year in the past 5 years JHG had a positive operating cash flow.
1.2 Ratios
JHG has a better Return On Assets (6.86%) than 81.70% of its industry peers.
JHG's Return On Equity of 10.93% is fine compared to the rest of the industry. JHG outperforms 64.26% of its industry peers.
With an excellent Return On Invested Capital value of 7.82%, JHG belongs to the best of the industry, outperforming 80.85% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for JHG is in line with the industry average of 7.14%.
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 in line with its industry peers.
In the last couple of years the Profit Margin of JHG has declined.
JHG's Operating Margin of 26.06% is in line compared to the rest of the industry. JHG outperforms 54.47% of its industry peers.
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
The number of shares outstanding for JHG has been reduced compared to 1 year ago.
Compared to 5 years ago, JHG has less shares outstanding
Compared to 1 year ago, JHG has a worse debt to assets ratio.
2.2 Solvency
JHG has an Altman-Z score of 2.81. 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.
The Altman-Z score of JHG (2.81) is better than 75.74% 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's Debt to FCF ratio of 0.62 is amongst the best of the industry. JHG outperforms 91.06% of its industry peers.
A Debt/Equity ratio of 0.08 indicates that JHG is not too dependend on debt financing.
The Debt to Equity ratio of JHG (0.08) is better than 80.85% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 0.62 | ||
| Altman-Z | 2.81 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 4.02 indicates that JHG has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 4.02, JHG belongs to the top of the industry, outperforming 83.83% 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.
With an excellent Quick ratio value of 4.02, JHG belongs to the best of the industry, outperforming 83.83% 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.
JHG shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 7.55% yearly.
The Revenue has decreased by -8.16% in the past 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
Based on estimates for the next years, JHG will show a quite strong growth in Earnings Per Share. The EPS will grow by 9.19% on average per year.
The Revenue is expected to grow by 4.69% on average over the next years.
EPS Next Y12.17%
EPS Next 2Y11.03%
EPS Next 3Y9.94%
EPS Next 5Y9.19%
Revenue Next Year12.45%
Revenue Next 2Y9.64%
Revenue Next 3Y6.07%
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.
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 12.44, the valuation of JHG can be described as correct.
Compared to the rest of the industry, the Price/Earnings ratio of JHG indicates a somewhat cheap valuation: JHG is cheaper than 62.98% of the companies listed in the same industry.
JHG's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.00.
Based on the Price/Forward Earnings ratio of 10.98, the valuation of JHG can be described as reasonable.
Based on the Price/Forward Earnings ratio, JHG is valued a bit cheaper than 67.66% of the companies in the same industry.
JHG is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.70, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.44 | ||
| Fwd PE | 10.98 |
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 93.62% of the companies listed in the same industry.
73.19% 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 | 11.67 | ||
| EV/EBITDA | 5.24 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of JHG may justify a higher PE ratio.
PEG (NY)1.02
PEG (5Y)1.65
EPS Next 2Y11.03%
EPS Next 3Y9.94%
5. Dividend
5.1 Amount
JHG has a Yearly Dividend Yield of 3.36%.
Compared to an average industry Dividend Yield of 6.39, JHG has a dividend in line with its industry peers.
JHG's Dividend Yield is rather good when compared to the S&P500 average which is at 1.94.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.36% |
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 2Y11.03%
EPS Next 3Y9.94%
47.91
-0.09 (-0.19%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners94.85%
Inst Owner Change0%
Ins Owners0.3%
Ins Owner Change-5.86%
Market Cap7.40B
Revenue(TTM)2.67B
Net Income(TTM)522.30M
Analysts75
Price Target51.89 (8.31%)
Short Float %0.95%
Short Ratio0.91
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.36% |
Yearly Dividend1.56
Dividend Growth(5Y)1.81%
DP47.81%
Div Incr Years0
Div Non Decr Years3
Ex-DateN/A
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)0.74%
PT rev (3m)11.99%
EPS NQ rev (1m)2.03%
EPS NQ rev (3m)17.08%
EPS NY rev (1m)0.21%
EPS NY rev (3m)7.71%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)7.13%
Revenue NY rev (1m)2.15%
Revenue NY rev (3m)1.97%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.44 | ||
| Fwd PE | 10.98 | ||
| P/S | 2.78 | ||
| P/FCF | 11.67 | ||
| P/OCF | 11.49 | ||
| P/B | 1.55 | ||
| P/tB | 11.85 | ||
| EV/EBITDA | 5.24 |
EPS(TTM)3.85
EY8.04%
EPS(NY)4.36
Fwd EY9.11%
FCF(TTM)4.1
FCFY8.57%
OCF(TTM)4.17
OCFY8.7%
SpS17.26
BVpS30.92
TBVpS4.04
PEG (NY)1.02
PEG (5Y)1.65
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 | 2.81 |
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 Y12.17%
EPS Next 2Y11.03%
EPS Next 3Y9.94%
EPS Next 5Y9.19%
Revenue 1Y (TTM)-8.16%
Revenue growth 3Y-3.67%
Revenue growth 5Y2.44%
Sales Q2Q%14.5%
Revenue Next Year12.45%
Revenue Next 2Y9.64%
Revenue Next 3Y6.07%
Revenue Next 5Y4.69%
EBIT growth 1Y-2.26%
EBIT growth 3Y-11.92%
EBIT growth 5Y3.34%
EBIT Next Year24.63%
EBIT Next 3Y11.75%
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.
Can you provide the valuation status for JANUS HENDERSON GROUP PLC?
ChartMill assigns a valuation rating of 6 / 10 to JANUS HENDERSON GROUP PLC (JHG). This can be considered as Fairly Valued.
What is the profitability of JHG stock?
JANUS HENDERSON GROUP PLC (JHG) has a profitability rating of 6 / 10.
How financially healthy is JANUS HENDERSON GROUP PLC?
The financial health rating of JANUS HENDERSON GROUP PLC (JHG) is 8 / 10.
Can you provide the dividend sustainability for JHG stock?
The dividend rating of JANUS HENDERSON GROUP PLC (JHG) is 5 / 10 and the dividend payout ratio is 47.81%.