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JHX

James Hardie Industries ASX:JHX Stock Report

Last Price

AU$35.95

Market Cap

AU$16.0b

7D

-2.8%

1Y

-15.3%

Updated

29 May, 2022

Data

Company Financials +
JHX fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance5/6
Financial Health4/6
Dividends3/6

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

Summary of all time highs, changes and price drops for James Hardie Industries
Historical stock prices
Current Share PriceAU$35.95
52 Week HighAU$58.07
52 Week LowAU$35.24
Beta1.06
1 Month Change-13.46%
3 Month Change-19.49%
1 Year Change-15.25%
3 Year Change96.02%
5 Year Change77.36%
Change since IPO713.90%

Recent News & Updates

May 11
Is There An Opportunity With James Hardie Industries plc's (ASX:JHX) 42% Undervaluation?

Is There An Opportunity With James Hardie Industries plc's (ASX:JHX) 42% Undervaluation?

How far off is James Hardie Industries plc ( ASX:JHX ) from its intrinsic value? Using the most recent financial data...

Apr 27
If You Like EPS Growth Then Check Out James Hardie Industries (ASX:JHX) Before It's Too Late

If You Like EPS Growth Then Check Out James Hardie Industries (ASX:JHX) Before It's Too Late

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...

Shareholder Returns

JHXAU Basic MaterialsAU Market
7D-2.8%-2.2%-1.3%
1Y-15.3%-23.5%-2.0%

Return vs Industry: JHX exceeded the Australian Basic Materials industry which returned -23.5% over the past year.

Return vs Market: JHX underperformed the Australian Market which returned -2% over the past year.

Price Volatility

Is JHX's price volatile compared to industry and market?
JHX volatility
JHX Average Weekly Movement5.3%
Basic Materials Industry Average Movement4.4%
Market Average Movement9.3%
10% most volatile stocks in AU Market16.3%
10% least volatile stocks in AU Market4.1%

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

FoundedEmployeesCEOWebsite
1888n/aHarold Wienshttps://www.ir.jameshardie.com.au

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

How do James Hardie Industries's earnings and revenue compare to its market cap?
JHX fundamental statistics
Market CapUS$11.45b
Earnings (TTM)US$459.10m
Revenue (TTM)US$3.61b

24.9x

P/E Ratio

3.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
JHX income statement (TTM)
RevenueUS$3.61b
Cost of RevenueUS$2.30b
Gross ProfitUS$1.31b
Other ExpensesUS$854.80m
EarningsUS$459.10m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Aug 16, 2022

Earnings per share (EPS)1.03
Gross Margin36.35%
Net Profit Margin12.70%
Debt/Equity Ratio65.8%

How did JHX perform over the long term?

See historical performance and comparison

Dividends

2.3%

Current Dividend Yield

68%

Payout Ratio
New valuation analysis is now available for all ASX stocks. This is in beta.

Future Growth

How is James Hardie Industries forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


14.4%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: JHX's forecast earnings growth (14.4% per year) is above the savings rate (1.8%).

Earnings vs Market: JHX's earnings (14.4% per year) are forecast to grow faster than the Australian market (7% per year).

High Growth Earnings: JHX's earnings are forecast to grow, but not significantly.

Revenue vs Market: JHX's revenue (7.8% per year) is forecast to grow faster than the Australian market (5.1% per year).

High Growth Revenue: JHX's revenue (7.8% 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 (37.1%)


Past Performance

How has James Hardie Industries performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


14.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: JHX has high quality earnings.

Growing Profit Margin: JHX's current net profit margins (12.7%) are higher than last year (9%).


Past Earnings Growth Analysis

Earnings Trend: JHX's earnings have grown by 14.2% per year over the past 5 years.

Accelerating Growth: JHX's earnings growth over the past year (74.7%) exceeds its 5-year average (14.2% per year).

Earnings vs Industry: JHX earnings growth over the past year (74.7%) underperformed the Basic Materials industry 85.2%.


Return on Equity

High ROE: JHX's Return on Equity (34.4%) is considered high.


Financial Health

How is James Hardie Industries's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: JHX's short term assets ($1.1B) exceed its short term liabilities ($769.9M).

Long Term Liabilities: JHX's short term assets ($1.1B) do not cover its long term liabilities ($2.1B).


Debt to Equity History and Analysis

Debt Level: JHX's net debt to equity ratio (56.4%) 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 (86.3%).

Interest Coverage: JHX's interest payments on its debt are well covered by EBIT (20.7x coverage).


Balance Sheet


Dividend

What is James Hardie Industries's current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


2.33%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: JHX's dividend (2.33%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.6%).

High Dividend: JHX's dividend (2.33%) is low compared to the top 25% of dividend payers in the Australian market (6.23%).


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 (67.8%), JHX's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (53.7%), JHX's dividend payments are covered by cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

0.4yrs

Average management tenure


CEO

Harold Wiens (75 yo)

0.33

Tenure

US$576,504

Compensation

Mr. Harold J. Wiens, BS, serves as Interim Chief Executive Officer at James Hardie Industries plc since January 06, 2022. He served as an Independent Non-Executive Director at James Hardie Industries plc s...


Leadership Team

Experienced Management: JHX's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.


Board Members

Experienced Board: JHX's board of directors are considered experienced (3.5 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

James Hardie Industries plc's employee growth, exchange listings and data sources


Key Information

  • Name: James Hardie Industries plc
  • Ticker: JHX
  • Exchange: ASX
  • Founded: 1888
  • Industry: Construction Materials
  • Sector: Materials
  • Implied Market Cap: AU$16.010b
  • Shares outstanding: 445.35m
  • Website: https://www.ir.jameshardie.com.au

Number of Employees


Location

  • James Hardie Industries plc
  • Europa House
  • 2nd Floor
  • Dublin
  • Co. Dublin
  • 2
  • Ireland

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/29 00:00
End of Day Share Price2022/05/27 00:00
Earnings2022/03/31
Annual Earnings2022/03/31


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.