JAMES HARDIE IND PLC (JHX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:JHX - US47030M1062 - Common Stock
21.04 USD
+0.11 (+0.53%)
21.04 USD
0 (0%)
Overall JHX gets a fundamental rating of 5 out of 10. We evaluated JHX against 13 industry peers in the Construction Materials industry. JHX has a medium profitability rating, but doesn't score so well on its financial health evaluation. JHX has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
JHX had positive earnings in the past year.
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.
1.2 Ratios
JHX has a worse Return On Assets (1.37%) than 84.62% of its industry peers.
With a Return On Equity value of 3.04%, JHX is not doing good in the industry: 84.62% of the companies in the same industry are doing better.
Looking at the Return On Invested Capital, with a value of 3.80%, JHX is doing worse than 84.62% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for JHX is above the industry average of 9.37%.
The last Return On Invested Capital (3.80%) 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 Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.37% | ||
| ROE | 3.04% | ||
| ROIC | 3.8% |
ROA(3y)9.97%
ROA(5y)9.43%
ROE(3y)26.28%
ROE(5y)27.61%
ROIC(3y)13.97%
ROIC(5y)14.14%
1.3 Margins
JHX has a Profit Margin of 4.67%. This is amonst the worse of the industry: JHX underperforms 84.62% of its industry peers.
In the last couple of years the Profit Margin of JHX has grown nicely.
Looking at the Operating Margin, with a value of 17.93%, JHX is in the better half of the industry, outperforming 61.54% of the companies in the same industry.
JHX's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 36.27%, JHX belongs to the top of the industry, outperforming 92.31% of the companies in the same industry.
JHX's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.93% | ||
| PM (TTM) | 4.67% | ||
| GM | 36.27% |
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%
2. Health
2.1 Basic Checks
JHX has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
JHX has less shares outstanding than it did 1 year ago.
JHX has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, JHX has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.41, we must say that JHX is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.41, JHX is doing worse than 69.23% of the companies in the same industry.
The Debt to FCF ratio of JHX is 17.06, which is on the high side as it means it would take JHX, 17.06 years of fcf income to pay off all of its debts.
JHX's Debt to FCF ratio of 17.06 is on the low side compared to the rest of the industry. JHX is outperformed by 61.54% of its industry peers.
A Debt/Equity ratio of 0.80 indicates that JHX is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.80, JHX is doing worse than 84.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.8 | ||
| Debt/FCF | 17.06 | ||
| Altman-Z | 1.41 |
ROIC/WACC0.53
WACC7.12%
2.3 Liquidity
JHX has a Current Ratio of 1.79. This is a normal value and indicates that JHX is financially healthy and should not expect problems in meeting its short term obligations.
JHX has a Current ratio (1.79) which is comparable to the rest of the industry.
A Quick Ratio of 1.23 indicates that JHX should not have too much problems paying its short term obligations.
JHX has a Quick ratio (1.23) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.79 | ||
| Quick Ratio | 1.23 |
3. Growth
3.1 Past
The earnings per share for JHX have decreased strongly by -19.62% 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.
JHX shows a small growth in Revenue. In the last year, the Revenue has grown by 4.60%.
Measured over the past years, JHX shows a quite strong growth in Revenue. The Revenue has been growing by 8.27% on average per year.
EPS 1Y (TTM)-19.62%
EPS 3Y2.07%
EPS 5Y13.73%
EPS Q2Q%-27.78%
Revenue 1Y (TTM)4.6%
Revenue growth 3Y2.37%
Revenue growth 5Y8.27%
Sales Q2Q%34.49%
3.2 Future
The Earnings Per Share is expected to grow by 8.91% on average over the next years. This is quite good.
The Revenue is expected to grow by 13.86% on average over the next years. This is quite good.
EPS Next Y-30.86%
EPS Next 2Y-9.25%
EPS Next 3Y1.83%
EPS Next 5Y8.91%
Revenue Next Year22.84%
Revenue Next 2Y19.02%
Revenue Next 3Y15.96%
Revenue Next 5Y13.86%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less 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
Based on the Price/Earnings ratio of 12.30, the valuation of JHX can be described as correct.
Based on the Price/Earnings ratio, JHX is valued cheaper than 92.31% of the companies in the same industry.
JHX is valuated cheaply when we compare the Price/Earnings ratio to 26.57, which is the current average of the S&P500 Index.
JHX is valuated correctly with a Price/Forward Earnings ratio of 12.77.
Compared to the rest of the industry, the Price/Forward Earnings ratio of JHX indicates a rather cheap valuation: JHX is cheaper than 92.31% of the companies listed in the same industry.
JHX's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 24.04.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.3 | ||
| Fwd PE | 12.77 |
4.2 Price Multiples
JHX's Enterprise Value to EBITDA ratio is in line with the industry average.
Based on the Price/Free Cash Flow ratio, JHX is valued cheaper than 84.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 30.16 | ||
| EV/EBITDA | 13.08 |
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)0.9
EPS Next 2Y-9.25%
EPS Next 3Y1.83%
5. Dividend
5.1 Amount
JHX has a Yearly Dividend Yield of 2.07%.
Compared to an average industry Dividend Yield of 2.20, JHX pays a better dividend. On top of this JHX pays more dividend than 92.31% of the companies listed in the same industry.
JHX's Dividend Yield is comparable with the S&P500 average which is at 1.88.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.07% |
5.2 History
JHX has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DP0%
EPS Next 2Y-9.25%
EPS Next 3Y1.83%
21.04
+0.11 (+0.53%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryConstruction Materials
Earnings (Last)
Earnings (Next)
Inst Owners50.04%
Inst Owner Change92.41%
Ins Owners0.38%
Ins Owner ChangeN/A
Market Cap9.04B
Revenue(TTM)4.12B
Net Income(TTM)192.10M
Analysts78.82
Price TargetN/A
Short Float %27.9%
Short Ratio2.71
Dividend
| Industry Rank | Sector 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)-5.28%
Min EPS beat(2)-13.86%
Max EPS beat(2)3.3%
EPS beat(4)2
Avg EPS beat(4)-2.58%
Min EPS beat(4)-13.86%
Max EPS beat(4)3.3%
EPS beat(8)5
Avg EPS beat(8)-0.42%
EPS beat(12)7
Avg EPS beat(12)-0.62%
EPS beat(16)7
Avg EPS beat(16)-1.69%
Revenue beat(2)0
Avg Revenue beat(2)-3.74%
Min Revenue beat(2)-7.1%
Max Revenue beat(2)-0.37%
Revenue beat(4)0
Avg Revenue beat(4)-2.85%
Min Revenue beat(4)-7.1%
Max Revenue beat(4)-0.37%
Revenue beat(8)1
Avg Revenue beat(8)-1.96%
Revenue beat(12)4
Avg Revenue beat(12)-1.54%
Revenue beat(16)6
Avg Revenue beat(16)-1.27%
PT rev (1m)-1.78%
PT rev (3m)2.31%
EPS NQ rev (1m)37.65%
EPS NQ rev (3m)46.57%
EPS NY rev (1m)12.46%
EPS NY rev (3m)40.8%
Revenue NQ rev (1m)0.98%
Revenue NQ rev (3m)3.96%
Revenue NY rev (1m)2.33%
Revenue NY rev (3m)6.84%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.3 | ||
| Fwd PE | 12.77 | ||
| P/S | 2.2 | ||
| P/FCF | 30.16 | ||
| P/OCF | 13.05 | ||
| P/B | 1.43 | ||
| P/tB | N/A | ||
| EV/EBITDA | 13.08 |
EPS(TTM)1.71
EY8.13%
EPS(NY)1.65
Fwd EY7.83%
FCF(TTM)0.7
FCFY3.32%
OCF(TTM)1.61
OCFY7.66%
SpS9.58
BVpS14.71
TBVpS-4.76
PEG (NY)N/A
PEG (5Y)0.9
Graham Number23.79
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.37% | ||
| ROE | 3.04% | ||
| ROCE | 5.7% | ||
| ROIC | 3.8% | ||
| ROICexc | 3.98% | ||
| ROICexgc | 12.29% | ||
| OM | 17.93% | ||
| PM (TTM) | 4.67% | ||
| GM | 36.27% | ||
| FCFM | 7.28% |
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 Turnover0.29
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.8 | ||
| Debt/FCF | 17.06 | ||
| Debt/EBITDA | 4.9 | ||
| Cap/Depr | 132.11% | ||
| Cap/Sales | 9.54% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 66.91% | ||
| Profit Quality | 156.12% | ||
| Current Ratio | 1.79 | ||
| Quick Ratio | 1.23 | ||
| Altman-Z | 1.41 |
F-Score3
WACC7.12%
ROIC/WACC0.53
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)-19.62%
EPS 3Y2.07%
EPS 5Y13.73%
EPS Q2Q%-27.78%
EPS Next Y-30.86%
EPS Next 2Y-9.25%
EPS Next 3Y1.83%
EPS Next 5Y8.91%
Revenue 1Y (TTM)4.6%
Revenue growth 3Y2.37%
Revenue growth 5Y8.27%
Sales Q2Q%34.49%
Revenue Next Year22.84%
Revenue Next 2Y19.02%
Revenue Next 3Y15.96%
Revenue Next 5Y13.86%
EBIT growth 1Y-19.01%
EBIT growth 3Y1.83%
EBIT growth 5Y12.01%
EBIT Next Year40.9%
EBIT Next 3Y26.66%
EBIT Next 5Y24.03%
FCF growth 1Y4.02%
FCF growth 3Y-8.66%
FCF growth 5Y8.14%
OCF growth 1Y-13.63%
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 for JHX stock?
ChartMill assigns a valuation rating of 6 / 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 12.3 and the Price/Book (PB) ratio is 1.43.
How financially healthy is JAMES HARDIE IND PLC?
The financial health rating of JAMES HARDIE IND PLC (JHX) is 3 / 10.