NYSE:JCI

Stock Analysis Report

Johnson Controls International

Executive Summary

Johnson Controls International plc operates as a diversified technology and multi industrial company worldwide.

Snowflake

Fundamentals

Average dividend payer and fair value.


Similar Companies

Share Price & News

How has Johnson Controls International's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

2.3%

NYSE:JCI

1.2%

US Building

-0.4%

US Market


1 Year Return

22.0%

NYSE:JCI

3.0%

US Building

4.3%

US Market

JCI outperformed the Building industry which returned 3% over the past year.

JCI outperformed the Market in United States of America which returned 4.3% over the past year.


Share holder returns

JCIIndustryMarket
7 Day2.3%1.2%-0.4%
30 Day5.6%4.2%2.8%
90 Day10.0%9.0%2.7%
1 Year25.6%22.0%4.6%3.0%6.6%4.3%
3 Year11.2%-8.2%24.5%14.0%50.9%40.9%
5 Year0.4%-21.0%33.4%16.5%55.3%38.2%

Price Volatility Vs. Market

How volatile is Johnson Controls International's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Johnson Controls International undervalued based on future cash flows and its price relative to the stock market?

15.55x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Johnson Controls International's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Johnson Controls International's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Johnson Controls International is good value based on earnings compared to the US Building industry average.

Johnson Controls International is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Johnson Controls International is poor value based on expected growth next year.


Price Based on Value of Assets

Johnson Controls International is good value based on assets compared to the US Building industry average.


Next Steps

Future Growth

How is Johnson Controls International expected to perform in the next 1 to 3 years based on estimates from 15 analysts?

7.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Johnson Controls International's revenue is expected to grow by 2.6% yearly, however this is not considered high growth (20% yearly).

Johnson Controls International's earnings are expected to grow by 7.2% yearly, however this is not considered high growth (20% yearly).

Johnson Controls International's revenue growth is positive but not above the United States of America market average.

Johnson Controls International's earnings growth is positive but not above the United States of America market average.

Johnson Controls International's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Johnson Controls International is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Johnson Controls International performed over the past 5 years?

10.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Johnson Controls International's year on year earnings growth rate has been positive over the past 5 years.

Johnson Controls International's 1-year earnings growth exceeds its 5-year average (55.9% vs 10.2%)

Johnson Controls International's earnings growth has exceeded the US Building industry average in the past year (55.9% vs 24.6%).


Return on Equity

Johnson Controls International has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Johnson Controls International used its assets less efficiently than the US Building industry average last year based on Return on Assets.


Return on Capital Employed

Johnson Controls International's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Johnson Controls International's financial position?


Financial Position Analysis

Johnson Controls International's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Johnson Controls International's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Johnson Controls International's level of debt (58.1%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (51.6% vs 58.1% today).

Debt is well covered by operating cash flow (20.8%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 9.2x coverage).


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 1x debt.


Next Steps

Dividend

What is Johnson Controls International's current dividend yield, its reliability and sustainability?

2.77%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Johnson Controls International's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).

Johnson Controls International's dividend is below the markets top 25% of dividend payers in United States of America (3.73%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (2.5x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (2.6x coverage).


Next Steps

Management

What is the CEO of Johnson Controls International's salary, the management and board of directors tenure and is there insider trading?

1.9yrs

Average management tenure


CEO

George Oliver (58yo)

1.8yrs

Tenure

US$15,393,868

Compensation

Mr. George R. Oliver has been Chairman and Chief Executive Officer of Johnson Controls International plc. since September 1, 2017. Mr. Oliver served as the President and Chief Operating Officer of Johnson  ...


CEO Compensation Analysis

George's remuneration is higher than average for companies of similar size in United States of America.

George's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

1.9yrs

Average Tenure

57yo

Average Age

The average tenure for the Johnson Controls International management team is less than 2 years, this suggests a new team.


Board Age and Tenure

1.9yrs

Average Tenure

59yo

Average Age

The average tenure for the Johnson Controls International board of directors is less than 3 years, this suggests a new board.


Insider Trading

Johnson Controls International individual insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellUS$1,071,41808 May 19
Brian Stief
EntityIndividual
Role
Executive VP & CFO
Shares27,395
Max PriceUS$39.11
SellUS$143,27903 May 19
Rodney Rushing
EntityIndividual
Shares3,671
Max PriceUS$39.03

Ownership Breakdown


Management Team

  • Bill Jackson (58yo)

    VP and President of Global Products

    • Tenure: 2.8yrs
    • Compensation: $5.23m
  • Mike Bartschat (56yo)

    Chief Procurement Officer & VP

    • Tenure: 4.9yrs
  • Bob VanHimbergen (42yo)

    VP, Corporate Controller & Principal Accounting Officer

    • Tenure: 1.5yrs
  • Lynn Minella (60yo)

    Executive VP & Chief Human Resources Officer

    • Tenure: 2.0yrs
  • Jeff Williams (57yo)

    VP and President of Building Solutions - EMEA & Latin America

    • Tenure: 2.3yrs
    • Compensation: $4.72m
  • Brian Stief (62yo)

    Executive VP & CFO

    • Tenure: 4.8yrs
    • Compensation: $5.07m
  • Nancy Berce (52yo)

    Chief Information Officer

    • Tenure: 1.2yrs
  • Antonella Franzen

    VP and Chief Investor Relations & Communications Officer

    • Tenure: 1.2yrs
  • John Donofrio (56yo)

    Executive VP & General Counsel

    • Tenure: 1.6yrs
    • Compensation: $6.54m
  • George Oliver (58yo)

    Chairman & CEO

    • Tenure: 1.8yrs
    • Compensation: $15.39m

Board Members

  • Mike Daniels (63yo)

    Independent Director

    • Tenure: 9.3yrs
    • Compensation: $300.00k
  • John Young (53yo)

    Independent Director

    • Tenure: 1.5yrs
    • Compensation: $291.90k
  • Gretchen Frances Haggerty (62yo)

    Independent Director

    • Tenure: 1.3yrs
  • R. Yost (70yo)

    Independent Director

    • Tenure: 10.3yrs
    • Compensation: $275.00k
  • Juan del Valle Perochena (46yo)

    Independent Director

    • Tenure: 2.8yrs
    • Compensation: $289.24k
  • Webster Dunbar (56yo)

    Independent Director

    • Tenure: 2.0yrs
    • Compensation: $275.00k
  • Carl Tinggren (60yo)

    Lead Independent Director

    • Tenure: 1.8yrs
    • Compensation: $330.00k
  • George Oliver (58yo)

    Chairman & CEO

    • Tenure: 1.8yrs
    • Compensation: $15.39m
  • Simone Menne (58yo)

    Independent Director

    • Tenure: 1.3yrs
    • Compensation: $223.33k
  • Mark Vergnano (60yo)

    Independent Director

    • Tenure: 2.8yrs
    • Compensation: $275.00k

Company Information

Johnson Controls International plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Johnson Controls International plc
  • Ticker: JCI
  • Exchange: NYSE
  • Founded: 1885
  • Industry: building products
  • Sector: capital goods
  • Market Cap: US$32.325b
  • Shares outstanding: 795.78m
  • Website: Click here

Number of Employees


Location

  • Johnson Controls International plc
  • One Albert Quay
  • Cork
  • Co. Cork
  • Ireland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
JCINYSE (New York Stock Exchange)YesCommon SharesUSUSDJan 1968
TYIADB (Deutsche Boerse AG)YesCommon SharesDEEURJan 1968
0Y7SLSE (London Stock Exchange)YesCommon SharesGBUSDJan 1968

Biography

Johnson Controls International plc operates as a diversified technology and multi industrial company worldwide. The company operates through Building Technologies & Solutions and Power Solutions segments.  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/06/27 01:17
End of Day Share Price2019/06/26 00:00
Earnings2019/03/31
Annual Earnings2018/09/30


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.