Janus Henderson Group plc is an asset management holding entity.
Janus Henderson Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$45.38|
|52 Week High||US$23.95|
|52 Week Low||US$46.27|
|1 Month Change||11.34%|
|3 Month Change||13.51%|
|1 Year Change||69.27%|
|3 Year Change||90.43%|
|5 Year Change||n/a|
|Change since IPO||48.30%|
Recent News & Updates
Janus Henderson Stock: Pay Attention To AUM Growth And New Hire
Janus Henderson's AUM growth in the recent quarter was not as good as what headline numbers suggest, as strong financial market performance more than offset net redemptions. JHG's new Global COO officially joined the company at the beginning of this month, and it is worth watching if JHG implements any new initiatives to improve operating efficiency. The market values Janus Henderson at consensus forward fiscal 2021 and 2022 normalized P/E multiples of 11.1 times and 11.0 times, respectively.
Janus Henderson - Markets Helping, Upgrade To Bullish
JHG reported another quarter of net outflows in 2Q21, but earnings were boosted by strong markets and performance fees. Investment performance versus peers is an area of concern and should be carefully watched. With valuation supported by higher AUM, and a positive assessment of management, I upgrade to Bullish. Investors concerned about an equity market correction should be mindful of JHG’s market leverage.
Janus Henderson Group (NYSE:JHG) Has Announced That It Will Be Increasing Its Dividend To US$0.38
Janus Henderson Group plc ( NYSE:JHG ) has announced that it will be increasing its dividend on the 25th of August to...
|JHG||US Capital Markets||US Market|
Return vs Industry: JHG exceeded the US Capital Markets industry which returned 61.5% over the past year.
Return vs Market: JHG exceeded the US Market which returned 31.5% over the past year.
Stable Share Price: JHG is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: JHG's weekly volatility (4%) has been stable over the past year.
About the Company
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 Fundamentals Summary
|JHG fundamental statistics|
Is JHG overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|JHG income statement (TTM)|
|Cost of Revenue||US$874.90m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Oct 28, 2021
|Earnings per share (EPS)||3.43|
|Net Profit Margin||22.44%|
How did JHG perform over the long term?See historical performance and comparison
3.3%Current Dividend Yield
Is Janus Henderson Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: JHG ($45.38) is trading below our estimate of fair value ($62.45)
Significantly Below Fair Value: JHG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: JHG is good value based on its PE Ratio (13.2x) compared to the US Capital Markets industry average (16.1x).
PE vs Market: JHG is good value based on its PE Ratio (13.2x) compared to the US market (18.3x).
Price to Earnings Growth Ratio
PEG Ratio: JHG's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: JHG is good value based on its PB Ratio (1.7x) compared to the US Capital Markets industry average (61.3x).
How is Janus Henderson Group forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: JHG's earnings are forecast to decline over the next 3 years (-0.5% per year).
Earnings vs Market: JHG's earnings are forecast to decline over the next 3 years (-0.5% per year).
High Growth Earnings: JHG's earnings are forecast to decline over the next 3 years.
Revenue vs Market: JHG's revenue (0.6% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: JHG's revenue (0.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: JHG's Return on Equity is forecast to be low in 3 years time (11.2%).
How has Janus Henderson Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: JHG has high quality earnings.
Growing Profit Margin: JHG's current net profit margins (22.4%) are higher than last year (3.3%).
Past Earnings Growth Analysis
Earnings Trend: JHG's earnings have grown by 2.4% per year over the past 5 years.
Accelerating Growth: JHG's earnings growth over the past year (691.9%) exceeds its 5-year average (2.4% per year).
Earnings vs Industry: JHG earnings growth over the past year (691.9%) exceeded the Capital Markets industry 77.5%.
Return on Equity
High ROE: JHG's Return on Equity (13.1%) is considered low.
How is Janus Henderson Group's financial position?
Financial Position Analysis
Short Term Liabilities: JHG's short term assets ($2.2B) exceed its short term liabilities ($733.4M).
Long Term Liabilities: JHG's short term assets ($2.2B) exceed its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: JHG's debt to equity ratio (6.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if JHG's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: JHG's debt is well covered by operating cash flow (223.8%).
Interest Coverage: JHG earns more interest than it pays, so coverage of interest payments is not a concern.
What is Janus Henderson Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: JHG's dividend (3.35%) is higher than the bottom 25% of dividend payers in the US market (1.28%).
High Dividend: JHG's dividend (3.35%) is low compared to the top 25% of dividend payers in the US market (3.48%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, JHG has been paying a dividend for less than 10 years.
Growing Dividend: JHG's dividend payments have increased, but the company has only paid a dividend for 4 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (43.9%), JHG's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: JHG's dividends in 3 years are forecast to be well covered by earnings (45.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dick Weil (57 yo)
Mr. Richard MacCoy Weil, also known as Dick, has been Chief Executive Officer at Janus Henderson Group plc since August 1, 2018, and its Executive Director since May 2017. Mr. Weil served as Co-Chief Execu...
CEO Compensation Analysis
Compensation vs Market: Dick's total compensation ($USD9.82M) is above average for companies of similar size in the US market ($USD6.29M).
Compensation vs Earnings: Dick's compensation has been consistent with company performance over the past year.
Experienced Management: JHG's management team is seasoned and experienced (6.2 years average tenure).
Experienced Board: JHG's board of directors are considered experienced (4.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: JHG insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Janus Henderson Group plc's employee growth, exchange listings and data sources
- Name: Janus Henderson Group plc
- Ticker: JHG
- Exchange: NYSE
- Founded: 1934
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: US$7.741b
- Shares outstanding: 170.58m
- Website: https://www.janushenderson.com
Number of Employees
- Janus Henderson Group plc
- 201 Bishopsgate
- Greater London
- EC2M 3AE
- United Kingdom
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/21 23:00|
|End of Day Share Price||2021/10/21 00:00|
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.