JANUS HENDERSON GROUP PLC (JHG)
Share Price Analysis and Chart

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JHG - JANUS HENDERSON GROUP PLC

FNArena Sector : Wealth Management & Investments
Year End: December
GICS Industry Group : Diversified Financials
Debt/EBITDA: 0.94
Index: ASX300 | ALL-ORDS

Janus Henderson is the result of a merger between Henderson Group (ex-AMP) and Janus Capital investment, announced in late 2016. The asset and fund management group remains headquartered in the City of London. The Australian division has been listed on the ASX since 2008. The group is also listed on NYSE.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$40.36

27 Sep
2023

-0.640

OPEN

$40.00

-1.56%

HIGH

$40.45

8,243

LOW

$39.99

TARGET
$41.363 2.5% upside
Franking for last dividend paid out: 0%
OTHER COMPANIES IN THE SAME SECTOR
AEF . AMP . ASX . AVC . BVS . CGF . CVW . ENN . GDC . GDG . GQG . HMC . HUB . IFL . IRE . KAM . KSL . LNK . MAF . MFG . MQG . NGI . NWL . PAC . PNI . PPS . PPT . PTM . QAL . RPL . RZI .
FNARENA'S MARKET CONSENSUS FORECASTS
JHG: 1
Title FY23
Forecast		 FY24
Forecast
EPS (cps) 340.0 xxx
DPS (cps) 234.6 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 11.7 xxx
Dividend Yield 5.9% xxx
Div Pay Ratio(%) 69.0% 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: 8.44%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 6.11

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: 11/08 - ex-div 59.26c (franking 0%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2023 FactSet UK Limited. All rights reserved
Title 201720182019202020212022
EPS Basic xxxxxxxxxxxxxxx322.1
DPS All xxxxxxxxxxxxxxx227.8
Sales/Revenue xxxxxxxxxxxxxxx3,015.3 M
Book Value Per Share xxxxxxxxxxxxxxx3,888.2
Net Operating Cash Flow xxxxxxxxxxxxxxx683.5 M
Net Profit Margin xxxxxxxxxxxxxxx17.28 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201720182019202020212022
Return on Capital Employed xxxxxxxxxxxxxxx8.13 %
Return on Invested Capital xxxxxxxxxxxxxxx7.54 %
Return on Assets xxxxxxxxxxxxxxx5.65 %
Return on Equity xxxxxxxxxxxxxxx8.13 %
Return on Total Capital xxxxxxxxxxxxxxx8.23 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx283.9 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 201720182019202020212022
Short-Term Debt xxxxxxxxxxxxxxx36 M
Long Term Debt xxxxxxxxxxxxxxx565 M
Total Debt xxxxxxxxxxxxxxx601 M
Goodwill - Gross xxxxxxxxxxxxxxx1,848 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx2,613 M
Price To Book Value xxxxxxxxxxxxxxx0.90

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201720182019202020212022
Capex xxxxxxxxxxxxxxx25.4 M
Capex % of Sales xxxxxxxxxxxxxxx0.84 %
Cost of Goods Sold xxxxxxxxxxxxxxx836 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx1,585 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx-

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.0

No. Of Recommendations

4
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Bell Potter

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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Citi

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Login above or Get a Free Trial

Morgan Stanley

03/08/2023

3

Equal-weight

$39.70

-1.64%

Morgan Stanley observes Janus Henderson appears to be on the way to sustainably improve flows, led by the institutional client segment. This is lower margin but could still deliver earnings growth and rebalance the business as institutions are just 23% of assets under management.

Adjusted earnings in the second quarter beat the broker's estimates, the beat stemming from investment gains and non-operating income.

Morgan Stanley maintains its Equal-Weight rating and $39.70 target price. Industry view: Attractive.

FORECAST
Morgan Stanley forecasts a full year FY23 EPS of 332.33 cents.
Morgan Stanley forecasts a full year FY24 EPS of 356.39 cents.

Ord Minnett

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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Login above or Get a Free Trial
Access Stockbroker Research History >

JHG STOCK CHART

FNArena News on JHG

1
Australian Broker Call *Extra* Edition – Aug 04, 2023

Aug 04 2023 - Daily Market Reports
2
FNArena Corporate Results Monitor – 04-08-2023

Aug 04 2023 - Australia
3
Australian Broker Call *Extra* Edition – Aug 03, 2023

Aug 03 2023 - Daily Market Reports
4
Next Week At A Glance – Jul 31 – Aug 4 2023

Jul 28 2023 - Weekly Reports
5
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Jul 26 2023 - Rudi's View

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