JAMES HARDIE INDUSTRIES PLC (JHX)
Share Price Analysis and Chart

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JHX - JAMES HARDIE INDUSTRIES PLC

FNArena Sector : Building Products & Services
Year End: March
GICS Industry Group : Materials
Debt/EBITDA: 1.22
Index: ASX50 | ASX100 | ASX200 | ASX300 | ALL-ORDS

James Hardie Industries is a global building materials company and the largest global manufacturer of fibre cement products. Founded in 1888 it first listed on the Sydney Stock Exchange in 1951. It is now dual-listed on the Australian and New York Stock Exchanges. Management operates from Chicago, Illinois, USA.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$48.59

01 Dec
2023

-0.130

OPEN

$48.75

-0.27%

HIGH

$48.83

741,127

LOW

$48.16

TARGET
$54.54 12.2% upside
Franking for last dividend paid out: 0%
OTHER COMPANIES IN THE SAME SECTOR
ABC . ACF . BKW . BLD . BRI . CSR . FBR . FBU . JLG . MGH . RWC . SFC . SRG . WGN .
FNARENA'S MARKET CONSENSUS FORECASTS
JHX: 1
Title FY24
Forecast		 FY25
Forecast
EPS (cps) 245.2 xxx
DPS (cps) 0.0 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 19.8 xxx
Dividend Yield 0.0% xxx
Div Pay Ratio(%) 0.0% xxx
This company reports in USD.
All estimates have been converted into AUD by FNArena at present FX values.

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.00

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 26/05 - ex-div 32.66c (franking 0%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2023 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx168.3
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx5,526.1 M
Book Value Per Share xxxxxxxxxxxxxxx544.3
Net Operating Cash Flow xxxxxxxxxxxxxxx876.5 M
Net Profit Margin xxxxxxxxxxxxxxx13.56 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx35.83 %
Return on Invested Capital xxxxxxxxxxxxxxx21.07 %
Return on Assets xxxxxxxxxxxxxxx12.14 %
Return on Equity xxxxxxxxxxxxxxx35.83 %
Return on Total Capital xxxxxxxxxxxxxxx31.94 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-178.2 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx28 M
Long Term Debt xxxxxxxxxxxxxxx1,675 M
Total Debt xxxxxxxxxxxxxxx1,703 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx487 M
Price To Book Value xxxxxxxxxxxxxxx5.85

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx865.1 M
Capex % of Sales xxxxxxxxxxxxxxx15.65 %
Cost of Goods Sold xxxxxxxxxxxxxxx3,607 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx777 M
Research & Development xxxxxxxxxxxxxxx58 M
Investments - Total xxxxxxxxxxxxxxx54 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.8

No. Of Recommendations

5
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Citi

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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UBS

09/11/2023

1

Buy

$58.50

20.40%

After yesterday's first glance at 2Q results by James Hardie Industries, UBS increases its target to $58.50 from $54 and maintains a Buy rating. North American volumes are bottoming earlier than anticipated and earnings margins are set to benefit from a structural lift.

A summary of the broker's research on results day is as follows:

UBS, in an initial review, comments James Hardie Industries' Q2 market update released this morning proved broadly in line with expectations, but the positive surprise came with management's guidance for Q3.

The "beat" is significant, assures the broker, pointing towards a magnitude of no less than 27% (against consensus pre-today).

Also, the broker believes the positive growth guided suggests FY24 is the trough in volumes. UBS points out margins at the current turning point are at much higher level than in past precedents.

The freshly announced US$250m share buyback is seen as yet another positive.

FORECAST
UBS forecasts a full year FY24 dividend of 0.00 cents and EPS of 244.42 cents.
UBS forecasts a full year FY25 dividend of 0.00 cents and EPS of 274.59 cents.

Morgan Stanley

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Ord Minnett

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >

JHX STOCK CHART

FNArena News on JHX

1
Australian Broker Call *Extra* Edition – Nov 29, 2023

Nov 29 2023 - Daily Market Reports
2
ESG Focus: Rounding Up A Psychosocial FY23 Season

Nov 20 2023 - ESG Focus
3
Australian Broker Call *Extra* Edition – Nov 20, 2023

Nov 20 2023 - Daily Market Reports
4
Australian Broker Call *Extra* Edition – Nov 16, 2023

Nov 16 2023 - Daily Market Reports
5
FNArena Corporate Results Monitor – 10-11-2023

Nov 10 2023 - Australia

Latest Building Products & Services News

1
Brickworks Underestimated & Cheap, Brokers Say

Oct 04 2023 - Australia
2
Analysts In Love With James Hardie, Yet Again

Aug 23 2023 - Australia
3
Johns Lyng And The Weather Factor

Jun 26 2023 - Small Caps
4
Treasure Chest: Boral To Prove Sceptics Wrong?

Apr 04 2023 - Treasure Chest
5
Added Bite from Reliance Worldwide’s New Products

Mar 30 2023 - Australia
6
Boral Shares Surge, Brokers Remain Cautious

Feb 09 2023 - Australia
7
Eye On (Small Cap) Building & Materials Stocks

Feb 01 2023 - Small Caps
8
Cost Blow-Out Rattles Fletcher Building

Dec 21 2022 - Australia
9
Divided Opinions on Reliance Worldwide

Dec 21 2022 - Australia
10
Maas Moves In On Melbourne Market

Dec 12 2022 - Small Caps