How does HDJA's PE Ratio compare to its peers?

HDJA is expensive based on its Price-To-Earnings Ratio (17.9x) compared to the peer average (12.9x).

How does HDJA's PE Ratio compare vs other companies in the DE Capital Markets Industry?

HDJA is good value based on its Price-To-Earnings Ratio (17.9x) compared to the German Capital Markets industry average (20.3x).

What is HDJA'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.

HDJA is expensive based on its Price-To-Earnings Ratio (17.9x) compared to the estimated Fair Price-To-Earnings Ratio (16.5x).

What is the Fair Price of HDJA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

HDJA (€42.2) is trading below our estimate of [[fair value]] (€60.82)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is lower than the current share price.

Janus Henderson Group (DB:HDJA) - Stock Price, News & Analysis

HDJA Stock Overview

An asset management holding entity. More details

HDJA fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	1/6
Past Performance	5/6
Financial Health	5/6
Dividends	3/6

Rewards

Trading at 30.6% below our estimate of its fair value

Earnings are forecast to grow 6.08% per year

Earnings grew by 22.3% over the past year

Risk Analysis

Volatile share price over the past 3 months compared to the German market

Significant insider selling over the past 3 months

Janus Henderson Group plc Competitors

DWS Group GmbH KGaA

XTRA:DWS

€7.9b

MLP

XTRA:MLP

€642.7m

Deutsche Beteiligungs

XTRA:DBAN

€420.9m

AURELIUS Equity Opportunities SE KGaA

HMSE:AR4

€390.6m

Price History & Performance

Summary of all time highs, changes and price drops for Janus Henderson Group
Historical stock prices
Current Share Price	US$42.20
52 Week High	US$42.80
52 Week Low	US$23.00
Beta	1.47
11 Month Change	18.54%
3 Month Change	23.39%
1 Year Change	80.34%
33 Year Change	3.94%
5 Year Change	85.09%
Change since IPO	56.16%

Recent updates

Shareholder Returns

	HDJA	DE Capital Markets	DE Market
7D	1.4%	-0.2%	-0.02%
1Y	80.3%	26.4%	8.2%

Return vs Industry: HDJA exceeded the German Capital Markets industry which returned 26.4% over the past year.

Return vs Market: HDJA exceeded the German Market which returned 8.2% over the past year.

Price Volatility

Is HDJA's price volatile compared to industry and market?
HDJA volatility
HDJA Average Weekly Movement	7.5%
Capital Markets Industry Average Movement	4.2%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	10.9%
10% least volatile stocks in DE Market	2.3%

Stable Share Price: HDJA's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: HDJA's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of German stocks.

About the Company

Founded	Employees	CEO	Website
1934	2,144	Ali Dibadj	www.janushenderson.com

Janus Henderson Group plc is an asset management holding entity. Through its subsidiaries, the firm provides services to institutional, retail clients, and high net worth clients. It manages separate client-focused equity and fixed income portfolios.

Janus Henderson Group plc Fundamentals Summary

How do Janus Henderson Group's earnings and revenue compare to its market cap?
HDJA fundamental statistics
Market cap	€6.85b
Earnings (TTM)	€382.39m
Revenue (TTM)	€2.24b

17.9x

P/E Ratio

3.1x

P/S Ratio

Is HDJA overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HDJA income statement (TTM)
Revenue	US$2.33b
Cost of Revenue	US$834.20m
Gross Profit	US$1.50b
Other Expenses	US$1.10b
Earnings	US$398.20m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	2.52
Gross Margin	64.25%
Net Profit Margin	17.07%
Debt/Equity Ratio	13.6%

How did HDJA perform over the long term?

See historical performance and comparison

Dividends

3.5%

Current Dividend Yield

61%

Payout Ratio

Does HDJA pay a reliable dividends?

See HDJA dividend history and benchmarks

When do you need to buy HDJA by to receive an upcoming dividend?
Janus Henderson Group dividend dates
Ex Dividend Date	Nov 08 2024
Dividend Pay Date	Nov 27 2024
Days until Ex dividend	17 days
Days until Dividend pay date	2 days

Does HDJA pay a reliable dividends?

See HDJA dividend history and benchmarks

HDJA Stock Overview

Rewards

Risk Analysis

Janus Henderson Group plc Competitors

XTRA:DWS

€7.9b

XTRA:MLP

€642.7m

XTRA:DBAN

€420.9m

HMSE:AR4

€390.6m

Price History & Performance

Recent News & Updates

Janus Henderson Launches Income ETF

Third quarter dividend of US$0.39 announced

Janus Henderson Group plc Declares Fourth Quarter Dividend , Payable November 27, 2024

Third quarter 2024 earnings released: EPS: US$0.17 (vs US$0.56 in 3Q 2023)

Janus Henderson Group plc to Report Q3, 2024 Results on Oct 31, 2024

CFO & Head of Asia Pacific Client Group recently sold €579k worth of stock

Recent updates

Janus Henderson Launches Income ETF

Third quarter dividend of US$0.39 announced

Janus Henderson Group plc Declares Fourth Quarter Dividend , Payable November 27, 2024

Third quarter 2024 earnings released: EPS: US$0.17 (vs US$0.56 in 3Q 2023)

Janus Henderson Group plc to Report Q3, 2024 Results on Oct 31, 2024

CFO & Head of Asia Pacific Client Group recently sold €579k worth of stock

Oruka Therapeutics, Inc. complete the acquisition of ARCA biopharma, Inc. (NasdaqCM:ABIO) from a group of shareholders in a reverse merger transaction.

Janus Henderson Launches Janus Henderson Emerging Markets Debt Hard Currency ETF (Fund)

Janus Henderson Group plc (NYSE:JHG) entered into a definitive agreement to acquire 55% stake in Victory Park Capital Advisors, LLC (VPC).

Janus Henderson Group plc (NYSE:JHG) entered into a definitive agreement to acquire 55% stake in Victory Park Capital Advisors, LLC (VPC).

Second quarter dividend of US$0.39 announced

Janus Henderson Group plc Declares Second Quarter Dividend for the Three Months Ended June 30, 2024, Payable on August 28, 2024

Second quarter 2024 earnings released: EPS: US$0.81 (vs US$0.54 in 2Q 2023)

Janus Henderson Group plc (NYSE:JHG) announces an Equity Buyback for $150 million worth of its shares.

New minor risk - Share price stability

Janus Henderson Group plc to Report Q2, 2024 Results on Aug 01, 2024

Janus Henderson Group plc Appoints Berg Crawford as Chief Accounting Officer

First quarter dividend of US$0.39 announced

Janus Henderson Group plc (NYSE:JHG) agreed to acquire NBK Capital Partners from National Bank of Kuwait S.A.K.P. (KWSE:NBK).

First quarter 2024 earnings released: EPS: US$0.81 (vs US$0.53 in 1Q 2023)

Janus Henderson Group plc to Report Q1, 2024 Results on May 02, 2024

Janus Henderson Group plc, Annual General Meeting, May 01, 2024

Janus Henderson Group plc Announces Executive Changes, Effective April 12, 2024

Chief Financial Officer recently sold €875k worth of stock

Janus Henderson Group plc Appoints Victoria Mio as Head of Greater China Equities

Fourth quarter dividend of US$0.39 announced

Full year 2023 earnings released: EPS: US$2.37 (vs US$2.23 in FY 2022)

Janus Henderson Group plc Declares Fourth Quarter Dividend in Respect of the Three Months Ended December 31, 2023, Payable on February 28, 2024

La Française des Jeux Société anonyme (ENXTPA:FDJ) made an offer to acquire Kindred Group plc (OM:KIND SDB) from the group of shareholders for SEK 28 billion.

Janus Henderson Group plc to Report Q4, 2023 Results on Feb 01, 2024

Janus Henderson Group plc(ASX:JHG) dropped from S&P/ASX 300 Index

New major risk - Revenue and earnings growth

Janus Henderson Launches Securitized Income Exchange Traded Fund

High number of new directors

Janus Henderson Group plc (NYSE:JHG) announces an Equity Buyback for $150 million worth of its shares.

Emerson Electric Co. (NYSE:EMR) completed the acquisition of remaining 98.2% stake in National Instruments Corporation (NasdaqGS:NATI) from The Vanguard Group, Inc., BlackRock, Inc. (NYSE:BLK), Janus Henderson Group plc (NYSE:JHG), T.Rowe Price Investment Management, Inc. and others.

Janus Henderson Group plc to Report Q3, 2023 Results on Nov 01, 2023

Janus Henderson Group plc Announces the Leaving of Tiphani Krueger as Global Head of Human Resources, Effective as of November 1, 2023

Janus Henderson Group plc Declares Second Quarter Dividend in Respect of the Three Months Ended June 30, 2023, Payable on August 30, 2023

Janus Henderson Group plc Announces Executive Changes

Janus Henderson Group plc to Report Q2, 2023 Results on Aug 02, 2023

Janus Henderson Appoints Gregory Trinks as Head of U.S. Product, Effective May 31, 2023

Janus Henderson Group plc Announces Changes to Board of Directors

Janus Henderson Group plc Appoints Leslie F. Seidman as an Independent Director on the Board, and Also Serve as Chair and A Member of the Audit Committee and as A Member of the Governance and Nominations Committee, Effective June 1, 2023

Janus Henderson Group plc Declares First Quarter Dividend for the Three Months Ended March 31, 2023, Payable on May 31, 2023

Full year 2022 earnings released: EPS: US$2.23 (vs US$3.60 in FY 2021)

Janus Henderson Group plc to Report Q1, 2023 Results on May 03, 2023

High number of new directors

Janus Henderson Group plc Appoints Michelle Dunstan as Chief Responsibility Officer, Effective 9 January 2023

Commerce Technologies, LLC completed the acquisition of ChannelAdvisor Corporation (NYSE:ECOM) from Janus Henderson Group plc (NYSE:JHG) and others.

Janus Henderson Investors Appoints Michael Schweitzer as Head of Retail Distribution, North America

Third quarter 2022 earnings released: EPS: US$0.65 (vs US$1.15 in 3Q 2021)

Janus Henderson Group plc Declares Quarterly Dividend for the Three Months Ended 30 September 2022, Payable on 23 November 2022

Credit Suisse U.S. Asset Manager Reportedly Draws Interest from Janus, Blue Owl, Others

Rentokil Initial plc (LSE:RTO) completed the acquisition of Terminix Global Holdings, Inc. (NYSE:TMX) from The Vanguard Group, Inc., Morgan Stanley (NYSE:MS), Janus Henderson Group plc (NYSE:JHG), T. Rowe Price Associates, Inc. and others.

Pfizer Inc. (NYSE:PFE) completed the acquisition of Global Blood Therapeutics, Inc. (NasdaqGS:GBT) from a group of shareholders.

Janus Henderson Announces Changes to Board of Directors

Janus Henderson Group plc(ASX:JHG) dropped from S&P/ASX 200 Index

Janus Henderson Announces Executive Changes