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JCI

Johnson Controls InternationalNYSE:JCI Stock Report

Market Cap

US$52.0b

7D

0.8%

1Y

73.2%

Updated

26 Oct, 2021

Data

Company Financials +
JCI fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance5/6
Financial Health4/6
Dividends4/6

JCI Overview

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

Johnson Controls International Competitors

Carrier Global

NYSE:CARR

US$46.6b

Trane Technologies

NYSE:TT

US$42.8b

Lennox International

NYSE:LII

US$11.1b

AAON

NasdaqGS:AAON

US$3.7b

Price History & Performance

Summary of all time highs, changes and price drops for Johnson Controls International
Historical stock prices
Current Share PriceUS$73.07
52 Week HighUS$40.92
52 Week LowUS$76.83
Beta1.14
1 Month Change-0.68%
3 Month Change3.96%
1 Year Change73.23%
3 Year Change129.71%
5 Year Change77.10%
Change since IPO2,629.46%

Recent News & Updates

Oct 20
Should You Think About Buying Johnson Controls International plc (NYSE:JCI) Now?

Should You Think About Buying Johnson Controls International plc (NYSE:JCI) Now?

Today we're going to take a look at the well-established Johnson Controls International plc ( NYSE:JCI ). The company's...

Oct 05
A Look At The Fair Value Of Johnson Controls International plc (NYSE:JCI)

A Look At The Fair Value Of Johnson Controls International plc (NYSE:JCI)

Does the October share price for Johnson Controls International plc ( NYSE:JCI ) reflect what it's really worth? Today...

Aug 13
These 4 Measures Indicate That Johnson Controls International (NYSE:JCI) Is Using Debt Reasonably Well

These 4 Measures Indicate That Johnson Controls International (NYSE:JCI) Is Using Debt Reasonably Well

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Aug 02

Johnson Controls: Expensive To Enter, Hold For Long-Term

JCI's share price increase is mainly driven by digesting its future growth of 4-5 years ahead. The company is on the right path for smart building, zero-carbon investment themes, and heightened demand for indoor air quality. At its current price range, I recommend the new investors be patient to enter, while there is no reason to recommend selling for the long-term holders with its future growth.

Shareholder Returns

JCIUS BuildingUS Market
7D0.8%1.1%0.9%
1Y73.2%48.7%33.4%

Return vs Industry: JCI exceeded the US Building industry which returned 48.2% over the past year.

Return vs Market: JCI exceeded the US Market which returned 33.4% over the past year.

Price Volatility

Is JCI's price volatile compared to industry and market?
JCI volatility
JCI Beta1.14
Industry Beta1.37
Market Beta1

Stable Share Price: JCI is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: JCI's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
188597,000George Oliverhttps://www.johnsoncontrols.com

Johnson Controls International plc operates as a diversified technology and multi industrial company worldwide. It operates through Building Solutions North America, Building Solutions EMEA/LA, Building Solutions Asia Pacific, and Global Products segments. The company designs, sells, installs, and services heating, ventilating, air conditioning, controls, refrigeration, integrated electronic security, and integrated fire detection and suppression systems for commercial, industrial, retail, small business, institutional, and governmental customers; and energy efficiency solutions and technical services, including inspection, scheduled maintenance, and repair and replacement of mechanical and control systems, as well as data-driven smart building solutions to non-residential building and industrial applications.

Johnson Controls International Fundamentals Summary

How do Johnson Controls International's earnings and revenue compare to its market cap?
JCI fundamental statistics
Market CapUS$52.04b
Earnings (TTM)US$1.69b
Revenue (TTM)US$23.23b

30.9x

P/E Ratio

2.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
JCI income statement (TTM)
RevenueUS$23.23b
Cost of RevenueUS$15.39b
Gross ProfitUS$7.84b
ExpensesUS$6.16b
EarningsUS$1.69b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Nov 05, 2021

Earnings per share (EPS)2.37
Gross Margin33.76%
Net Profit Margin7.25%
Debt/Equity Ratio41.0%

How did JCI perform over the long term?

See historical performance and comparison

Dividends

1.5%

Current Dividend Yield

45%

Payout Ratio

Valuation

Is Johnson Controls International undervalued compared to its fair value and its price relative to the market?

30.89x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: JCI ($73.07) is trading above our estimate of fair value ($65.12)

Significantly Below Fair Value: JCI is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: JCI is poor value based on its PE Ratio (30.9x) compared to the US Building industry average (24.5x).

PE vs Market: JCI is poor value based on its PE Ratio (30.9x) compared to the US market (18.3x).


Price to Earnings Growth Ratio

PEG Ratio: JCI is poor value based on its PEG Ratio (2x)


Price to Book Ratio

PB vs Industry: JCI's PB Ratio (2.9x) is in line with the US Building industry average.


Future Growth

How is Johnson Controls International forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?

15.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: JCI's forecast earnings growth (15.4% per year) is above the savings rate (2%).

Earnings vs Market: JCI's earnings (15.4% per year) are forecast to grow faster than the US market (14.7% per year).

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

Revenue vs Market: JCI's revenue (6.2% per year) is forecast to grow slower than the US market (9.9% per year).

High Growth Revenue: JCI's revenue (6.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: JCI's Return on Equity is forecast to be low in 3 years time (13.5%).


Past Performance

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

6.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: JCI has high quality earnings.

Growing Profit Margin: JCI's current net profit margins (7.3%) are higher than last year (3.5%).


Past Earnings Growth Analysis

Earnings Trend: JCI's earnings have grown by 6.1% per year over the past 5 years.

Accelerating Growth: JCI's earnings growth over the past year (110.1%) exceeds its 5-year average (6.1% per year).

Earnings vs Industry: JCI earnings growth over the past year (110.1%) exceeded the Building industry 53.6%.


Return on Equity

High ROE: JCI's Return on Equity (10.1%) is considered low.


Financial Health

How is Johnson Controls International's financial position?


Financial Position Analysis

Short Term Liabilities: JCI's short term assets ($10.3B) exceed its short term liabilities ($9.3B).

Long Term Liabilities: JCI's short term assets ($10.3B) do not cover its long term liabilities ($13.9B).


Debt to Equity History and Analysis

Debt Level: JCI's debt to equity ratio (41%) is considered high.

Reducing Debt: JCI's debt to equity ratio has reduced from 73.7% to 41% over the past 5 years.

Debt Coverage: JCI's debt is well covered by operating cash flow (37.7%).

Interest Coverage: JCI's interest payments on its debt are well covered by EBIT (15.1x coverage).


Balance Sheet


Dividend

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

1.48%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: JCI's dividend (1.48%) is higher than the bottom 25% of dividend payers in the US market (1.27%).

High Dividend: JCI's dividend (1.48%) is low compared to the top 25% of dividend payers in the US market (3.48%).


Stability and Growth of Payments

Stable Dividend: JCI's dividend payments have been volatile in the past 10 years.

Growing Dividend: JCI's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (45.4%), JCI's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: JCI's dividends in 3 years are forecast to be well covered by earnings (33.2% payout ratio).


Next Steps

  • Explore strong dividend paying companies in the Capital Goods industry.

Management

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

1.8yrs

Average management tenure


CEO

George Oliver (61 yo)

4.08yrs

Tenure

US$13,731,491

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 C...


CEO Compensation Analysis

Compensation vs Market: George's total compensation ($USD13.73M) is about average for companies of similar size in the US market ($USD11.15M).

Compensation vs Earnings: George's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: JCI's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: JCI's board of directors are considered experienced (4.1 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

Johnson Controls International plc's 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$52.042b
  • Shares outstanding: 712.22m
  • Website: https://www.johnsoncontrols.com

Number of Employees


Location

  • Johnson Controls International plc
  • One Albert Quay
  • Cork
  • Co. Cork
  • T12 X8N6
  • Ireland

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 22:32
End of Day Share Price2021/10/26 00:00
Earnings2021/06/30
Annual Earnings2020/09/30


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.