James Hardie Industries plc, together with its subsidiaries, manufactures and sells fiber cement siding and backer board products primarily in the United States, Canada, Australia, New Zealand, the Philippines, and Europe. More Details
Reasonable growth potential with adequate balance sheet.
Share Price & News
How has James Hardie Industries's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: JHX is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: JHX's weekly volatility (4%) has been stable over the past year.
7 Day Return
AU Basic Materials
1 Year Return
AU Basic Materials
Return vs Industry: JHX exceeded the Australian Basic Materials industry which returned 94% over the past year.
Return vs Market: JHX exceeded the Australian Market which returned 37.3% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is James Hardie Industries's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall StAre Institutions Heavily Invested In James Hardie Industries plc's (ASX:JHX) Shares?
1 month ago | Simply Wall StIs James Hardie Industries plc (ASX:JHX) Worth AU$41.6 Based On Its Intrinsic Value?
1 month ago | Simply Wall StHave Insiders Been Buying James Hardie Industries plc (ASX:JHX) Shares This Year?
Is James Hardie Industries undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: JHX (A$43.33) is trading above our estimate of fair value (A$35.63)
Significantly Below Fair Value: JHX is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: JHX is poor value based on its PE Ratio (87.3x) compared to the AU Basic Materials industry average (25.7x).
PE vs Market: JHX is poor value based on its PE Ratio (87.3x) compared to the Australian market (20.6x).
Price to Earnings Growth Ratio
PEG Ratio: JHX is poor value based on its PEG Ratio (5.3x)
Price to Book Ratio
PB vs Industry: JHX is overvalued based on its PB Ratio (11.7x) compared to the AU Basic Materials industry average (2.6x).
How is James Hardie Industries forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: JHX's forecast earnings growth (16.6% per year) is above the savings rate (1.9%).
Earnings vs Market: JHX's earnings (16.6% per year) are forecast to grow faster than the Australian market (14% per year).
High Growth Earnings: JHX's earnings are forecast to grow, but not significantly.
Revenue vs Market: JHX's revenue (8.9% per year) is forecast to grow faster than the Australian market (5.3% per year).
High Growth Revenue: JHX's revenue (8.9% 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%)
How has James Hardie Industries performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: JHX has a large one-off loss of $92.6M impacting its December 31 2020 financial results.
Growing Profit Margin: JHX's current net profit margins (6.2%) are lower than last year (9.2%).
Past Earnings Growth Analysis
Earnings Trend: JHX's earnings have declined by 6.3% per year over the past 5 years.
Accelerating Growth: JHX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: JHX had negative earnings growth (-27.5%) over the past year, making it difficult to compare to the Basic Materials industry average (-6.4%).
Return on Equity
High ROE: JHX's Return on Equity (13.4%) is considered low.
How is James Hardie Industries's financial position?
Financial Position Analysis
Short Term Liabilities: JHX's short term assets ($1.2B) exceed its short term liabilities ($1.0B).
Long Term Liabilities: JHX's short term assets ($1.2B) do not cover its long term liabilities ($2.2B).
Debt to Equity History and Analysis
Debt Level: JHX's debt to equity ratio (100%) is considered high.
Reducing Debt: JHX had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: JHX's debt is well covered by operating cash flow (57.6%).
Interest Coverage: JHX's interest payments on its debt are well covered by EBIT (11.1x coverage).
What is James Hardie Industries's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate JHX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate JHX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if JHX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if JHX's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: JHX is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of JHX's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jack Truong (58 yo)
Dr. Jack G. Truong, BS, Ph.D., has been Chief Executive Officer and Director at James Hardie Industries plc since Janauary 31, 2019 and was its President and Chief Operating Officer since 2018. Dr. Truong ...
CEO Compensation Analysis
Compensation vs Market: Jack's total compensation ($USD6.07M) is above average for companies of similar size in the Australian market ($USD3.45M).
Compensation vs Earnings: Jack's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Management: JHX's management team is considered experienced (2.3 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
James Hardie Industries plc's company bio, employee growth, exchange listings and data sources
- Name: James Hardie Industries plc
- Ticker: JHX
- Exchange: ASX
- Founded: 1888
- Industry: Construction Materials
- Sector: Materials
- Market Cap: AU$19.193b
- Shares outstanding: 444.29m
- Website: https://www.ir.jameshardie.com.au
Number of Employees
- James Hardie Industries plc
- Europa House
- 2nd Floor
- Co. Dublin
James Hardie Industries plc, together with its subsidiaries, manufactures and sells fiber cement siding and backer board products primarily in the United States, Canada, Australia, New Zealand, the Philipp...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/07 08:09|
|End of Day Share Price||2021/05/07 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.