NYSE:JELD

Stock Analysis Report

Executive Summary

JELD-WEN Holding, Inc. manufactures and sells doors and windows primarily in North America, Europe, and Australasia.

Snowflake

Fundamentals

Undervalued with moderate growth potential.


Similar Companies

Share Price & News

How has JELD-WEN Holding's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-12.4%

JELD

1.4%

US Building

1.3%

US Market


1 Year Return

-6.0%

JELD

13.0%

US Building

5.9%

US Market

Return vs Industry: JELD underperformed the US Building industry which returned 13% over the past year.

Return vs Market: JELD underperformed the US Market which returned 5.9% over the past year.


Shareholder returns

JELDIndustryMarket
7 Day-12.4%1.4%1.3%
30 Day-16.1%-2.0%-1.9%
90 Day-22.8%1.9%-1.8%
1 Year-6.0%-6.0%14.8%13.0%8.3%5.9%
3 Yearn/a26.6%16.0%45.6%36.2%
5 Yearn/a59.9%40.5%66.1%47.9%

Price Volatility Vs. Market

How volatile is JELD-WEN Holding's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is JELD-WEN Holding undervalued compared to its fair value and its price relative to the market?

16.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: JELD ($16.25) is trading below our estimate of fair value ($19.37)

Significantly Undervalued: JELD is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: JELD is good value based on its PE Ratio (15.4x) compared to the Building industry average (20x).

PE vs Market: JELD is good value based on its PE Ratio (15.4x) compared to the US market (17.5x).


Price to Earnings Growth Ratio

Low PEG Ratio: JELD is good value based on its PEG Ratio (0.5x)


Price to Book Ratio

PB vs Industry: JELD is good value based on its PB Ratio (2.1x) compared to the US Building industry average (2.1x).


Next Steps

Future Growth

How is JELD-WEN Holding forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

33.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: JELD's forecast earnings growth (33.1% per year) is above the savings rate (2.7%).

Earnings vs Market: JELD's earnings (33.1% per year) are forecast to grow faster than the US market (14.4% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: JELD's revenue (2.3% per year) is forecast to grow slower than the US market (7.3% per year).

High Growth Revenue: JELD's revenue (2.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if JELD's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has JELD-WEN Holding performed over the past 5 years?

92.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: JELD has become profitable over the past 5 years, growing earnings by 92.2% per year.

Accelerating Growth: JELD's earnings growth over the past year (226.2%) exceeds its 5-year average (92.2% per year).

Earnings vs Industry: JELD earnings growth over the past year (226.2%) exceeded the Building industry 7.7%.


Return on Equity

High ROE: JELD's Return on Equity (13.6%) is considered low.


Return on Assets

ROA vs Industry: JELD's Return on Assets is below or equal to the Building industry average last year.


Return on Capital Employed

ROCE Improving: JELD has not improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is JELD-WEN Holding's financial position?


Financial Position Analysis

Short Term Liabilities: JELD's short term assets ($1.3B) exceeds its short term liabilities ($778.3M)

Long Term Liabilities: JELD's short term assets (1.3B) do not cover its long term liabilities (1.8B)


Debt to Equity History and Analysis

Debt Level: JELD's debt to equity ratio (198.7%) is considered high

Reducing Debt: Insufficient data to determine if JELD's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: JELD's debt is not well covered by operating cash flow (17.2%).

Interest Coverage: JELD's interest payments on its debt are well covered by EBIT (3.6x coverage).


Balance Sheet

Inventory Level: JELD has a high level of physical assets or inventory.

Debt Coverage by Assets: JELD's debt is not covered by short term assets (assets are 0.8x debt).


Next Steps

Dividend

What is JELD-WEN Holding's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.8%industryaverage1.8%forecastin3Years0%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate JELD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate JELD's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if JELD's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if JELD's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of JELD's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of JELD-WEN Holding's salary, the management and board of directors tenure and is there insider trading?

3.1yrs

Average management tenure


CEO

Gary Michel (56yo)

1.3yrs

Tenure

US$8,681,520

Compensation

Mr. Gary S. Michel served as President and CEO of Home and Building Technologies strategic business group at Honeywell International Inc. from October 2017 to May 31, 2018, and joined Honeywell Internation ...


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether Gary's total compensation is reasonable compared to companies of similar size in the US market.

Compensation vs Earnings: Insufficient data to compare Gary's compensation with company performance.


Management Age and Tenure

3.1yrs

Average Tenure

52yo

Average Age

Experienced Management: JELD's management team is considered experienced (3.1 years average tenure).


Board Age and Tenure

4.0yrs

Average Tenure

62yo

Average Age

Experienced Board: JELD's board of directors are considered experienced (4 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

SellUS$862,10301 Mar 19
Kirk Hachigian
EntityIndividual
Shares42,927
Max PriceUS$20.08

Ownership Breakdown


Management Team

  • Scott Vining (56yo)

    Chief Accounting Officer

    • Tenure: 0yrs
  • Peter Farmakis (51yo)

    Executive VP & President of Australasia

    • Tenure: 5.3yrs
    • Compensation: US$1.21m
  • Gary Michel (56yo)

    President

    • Tenure: 1.3yrs
    • Compensation: US$8.68m
  • Laura Doerre (52yo)

    Executive VP

    • Tenure: 3.1yrs
    • Compensation: US$1.44m
  • Peter Maxwell (57yo)

    Consultant

    • Tenure: 4.1yrs
    • Compensation: US$910.67k
  • Timothy Craven (51yo)

    Executive Vice President of Human Resources

    • Tenure: 3.7yrs
  • John Linker (44yo)

    Executive VP & CFO

    • Tenure: 0.9yrs
    • Compensation: US$2.48m
  • Jim Garcia

    Senior VP & Global JEM Leader

    • Tenure: 0yrs
  • Karina Padilla

    Senior Vice President of Corporate Planning & Analysis

    • Tenure: 0yrs
  • David Guernsey

    Senior Vice President

    • Tenure: 0.3yrs

Board Members

  • Anthony Munk (59yo)

    Director

    • Tenure: 8yrs
    • Compensation: US$200.00k
  • Bruce Taten (63yo)

    Director

    • Tenure: 5.5yrs
    • Compensation: US$213.50k
  • Steve Wynne (67yo)

    Director

    • Tenure: 7.6yrs
    • Compensation: US$200.00k
  • Roderick Wendt (64yo)

    Vice Chairman

    • Tenure: 5.8yrs
    • Compensation: US$208.00k
  • Stormy L. Byorum (70yo)

    Director

    • Tenure: 5.3yrs
    • Compensation: US$211.25k
  • Matt Ross (42yo)

    Non-Executive Chairman

    • Tenure: 0.4yrs
    • Compensation: US$200.00k
  • Greg Maxwell (62yo)

    Director

    • Tenure: 2.7yrs
    • Compensation: US$225.00k
  • Bill Banholzer (62yo)

    Director

    • Tenure: 2.2yrs
    • Compensation: US$200.00k
  • Gary Michel (56yo)

    President

    • Tenure: 1.3yrs
    • Compensation: US$8.68m
  • Suzanne Stefany (55yo)

    Director

    • Tenure: 2yrs
    • Compensation: US$200.00k

Company Information

JELD-WEN Holding, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: JELD-WEN Holding, Inc.
  • Ticker: JELD
  • Exchange: NYSE
  • Founded: 1960
  • Industry: Building Products
  • Sector: Capital Goods
  • Market Cap: US$1.634b
  • Shares outstanding: 100.56m
  • Website: https://www.jeld-wen.com

Number of Employees


Location

  • JELD-WEN Holding, Inc.
  • 2645 Silver Crescent Drive
  • Charlotte
  • North Carolina
  • 28273
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
0JWDB (Deutsche Boerse AG)YesCommon StockDEEURJan 2017
JELDNYSE (New York Stock Exchange)YesCommon StockUSUSDJan 2017

Biography

JELD-WEN Holding, Inc. manufactures and sells doors and windows primarily in North America, Europe, and Australasia. The company offers a line of residential interior and exterior door products, including  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/15 00:24
End of Day Share Price2019/10/14 00:00
Earnings2019/06/29
Annual Earnings2018/12/31


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.