JHX Stock Overview
James Hardie Industries plc, together with its subsidiaries, manufactures and sells fiber cement, fiber gypsum, and cement bonded building products for interior and exterior building construction applications primarily in the United States, Australia, Europe, New Zealand, the Philippines, and Canada.
James Hardie Industries Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$34.29|
|52 Week High||AU$58.07|
|52 Week Low||AU$28.60|
|1 Month Change||3.25%|
|3 Month Change||-2.36%|
|1 Year Change||-30.53%|
|3 Year Change||40.94%|
|5 Year Change||96.06%|
|Change since IPO||676.32%|
Recent News & Updates
Here's Why James Hardie Industries (ASX:JHX) Has Caught The Eye Of Investors
It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
|JHX||AU Basic Materials||AU Market|
Return vs Industry: JHX exceeded the Australian Basic Materials industry which returned -35.3% over the past year.
Return vs Market: JHX underperformed the Australian Market which returned -8% over the past year.
|JHX Average Weekly Movement||5.3%|
|Basic Materials Industry Average Movement||4.9%|
|Market Average Movement||9.4%|
|10% most volatile stocks in AU Market||16.5%|
|10% least volatile stocks in AU Market||4.2%|
Stable Share Price: JHX is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: JHX's weekly volatility (5%) has been stable over the past year.
About the Company
James Hardie Industries plc, together with its subsidiaries, manufactures and sells fiber cement, fiber gypsum, and cement bonded building products for interior and exterior building construction applications primarily in the United States, Australia, Europe, New Zealand, the Philippines, and Canada. The company operates through three segments: North America Fiber Cement, Asia Pacific Fiber Cement, and Europe Building Products. It offers fiber cement interior linings, exterior siding products, and related accessories; and various fiber cement building materials for a range of applications, including external siding, internal walls, floors, ceilings, soffits, trim, fences, and facades.
James Hardie Industries Fundamentals Summary
|JHX fundamental statistics|
Is JHX overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|JHX income statement (TTM)|
|Cost of Revenue||US$2.43b|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
Nov 08, 2022
|Earnings per share (EPS)||1.12|
|Net Profit Margin||13.28%|
How did JHX perform over the long term?See historical performance and comparison
2.7%Current Dividend Yield
Is JHX undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 3/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for JHX?
Other financial metrics that can be useful for relative valuation.
|What is JHX's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does JHX's PE Ratio compare to its peers?
|JHX PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
WGN Wagners Holding
JHX James Hardie Industries
Price-To-Earnings vs Peers: JHX is expensive based on its Price-To-Earnings Ratio (19.8x) compared to the peer average (11x).
Price to Earnings Ratio vs Industry
How does JHX's PE Ratio compare vs other companies in the Global Basic Materials Industry?
Price-To-Earnings vs Industry: JHX is expensive based on its Price-To-Earnings Ratio (19.8x) compared to the Global Basic Materials industry average (13.5x)
Price to Earnings Ratio vs Fair Ratio
What is JHX's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||19.8x|
|Fair PE Ratio||19.3x|
Price-To-Earnings vs Fair Ratio: JHX is expensive based on its Price-To-Earnings Ratio (19.8x) compared to the estimated Fair Price-To-Earnings Ratio (19.3x).
Share Price vs Fair Value
What is the Fair Price of JHX when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: JHX (A$34.29) is trading below our estimate of fair value (A$93.89)
Significantly Below Fair Value: JHX is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.
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How is James Hardie Industries forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: JHX's forecast earnings growth (5.4% per year) is above the savings rate (1.8%).
Earnings vs Market: JHX's earnings (5.4% per year) are forecast to grow slower than the Australian market (6.5% per year).
High Growth Earnings: JHX's earnings are forecast to grow, but not significantly.
Revenue vs Market: JHX's revenue (4.8% per year) is forecast to grow faster than the Australian market (3.6% per year).
High Growth Revenue: JHX's revenue (4.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: JHX's Return on Equity is forecast to be high in 3 years time (37.2%)
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How has James Hardie Industries performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: JHX has high quality earnings.
Growing Profit Margin: JHX's current net profit margins (13.3%) are higher than last year (12%).
Past Earnings Growth Analysis
Earnings Trend: JHX's earnings have grown by 18.7% per year over the past 5 years.
Accelerating Growth: JHX's earnings growth over the past year (33.6%) exceeds its 5-year average (18.7% per year).
Earnings vs Industry: JHX earnings growth over the past year (33.6%) underperformed the Basic Materials industry 33.6%.
Return on Equity
High ROE: JHX's Return on Equity (37.7%) is considered high.
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How is James Hardie Industries's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: JHX's short term assets ($1.0B) exceed its short term liabilities ($900.1M).
Long Term Liabilities: JHX's short term assets ($1.0B) do not cover its long term liabilities ($2.0B).
Debt to Equity History and Analysis
Debt Level: JHX's net debt to equity ratio (54.4%) is considered high.
Reducing Debt: JHX had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: JHX's debt is well covered by operating cash flow (84.6%).
Interest Coverage: JHX's interest payments on its debt are well covered by EBIT (22.2x coverage).
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What is James Hardie Industries's current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|James Hardie Industries Dividend Yield vs Market|
|Company (James Hardie Industries)||2.7%|
|Market Bottom 25% (AU)||2.8%|
|Market Top 25% (AU)||7.0%|
|Industry Average (Basic Materials)||3.9%|
|Analyst forecast in 3 Years (James Hardie Industries)||4.1%|
Notable Dividend: JHX's dividend (2.69%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.79%).
High Dividend: JHX's dividend (2.69%) is low compared to the top 25% of dividend payers in the Australian market (6.98%).
Stability and Growth of Payments
Stable Dividend: JHX's dividend payments have been volatile in the past 10 years.
Growing Dividend: JHX's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (62.2%), JHX's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (79.6%), JHX's dividend payments are covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Aaron Erter (48 yo)
Mr. Aaron M. Erter serves as Chief Executive Officer and Executive Director at James Hardie Industries plc since September 02, 2022 and served as its CEO from November 2020 to August 2022. He served as Pre...
Experienced Management: JHX's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Experienced Board: JHX's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
|27 Jun 22||BuyAU$465,142||Colonial First State Investments Limited||Company||14,124||AU$32.98|
|27 Jun 22||SellAU$6,591,344||Colonial First State Investments Limited||Company||200,106||AU$33.06|
|05 Nov 21||BuyAU$578,097,561||The Vanguard Group, Inc.||Company||10,518,147||AU$55.06|
|02 Nov 21||SellAU$297,443,655||The Vanguard Group, Inc.||Company||5,499,376||AU$54.18|
|21 Oct 21||BuyAU$547,302||BlackRock, Inc.||Company||3,511,102||AU$54.83|
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
James Hardie Industries plc's employee growth, exchange listings and data sources
- Name: James Hardie Industries plc
- Ticker: JHX
- Exchange: ASX
- Founded: 1888
- Industry: Construction Materials
- Sector: Materials
- Implied Market Cap: AU$15.282b
- Shares outstanding: 445.65m
- Website: https://www.ir.jameshardie.com.au
Number of Employees
- James Hardie Industries plc
- Europa House
- 2nd Floor
- Co. Dublin
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|JHX||NYSE (New York Stock Exchange)||SPON ADR EACH REP 1 CDI||US||USD||Oct 1995|
|JHA0||DB (Deutsche Boerse AG)||SPON ADR EACH REP 1 CDI||DE||EUR||Oct 1995|
|JHX||ASX (Australian Securities Exchange)||Yes||CDI(CHESS DEPOSITARY INTERESTS)||AU||AUD||Oct 2001|
|JHIU.F||OTCPK (Pink Sheets LLC)||Yes||CDI(CHESS DEPOSITARY INTERESTS)||US||USD||Oct 2001|
|JHA||DB (Deutsche Boerse AG)||Yes||CDI(CHESS DEPOSITARY INTERESTS)||DE||EUR||Oct 2001|
|JHX||CHIA (Chi-X Australia)||Yes||CDI(CHESS DEPOSITARY INTERESTS)||AU||AUD||Oct 2001|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/10/05 00:00|
|End of Day Share Price||2022/10/05 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.