Financials James Hardie Industries plc

Equities

JHX

AU000000JHX1

Construction Materials

Market Closed - Australian Stock Exchange 12:10:11 2023-12-08 am EST Intraday chart for James Hardie Industries plc 5-day change 1st Jan Change
49.5 AUD -1.16% +1.60% +87.50%

Valuation

Fiscal Period : Marzo 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 5 691 5 036 13 441 13 545 9 406 14 195 - -
Enterprise Value (EV) 1 6 993 6 205 14 094 14 297 10 352 15 147 14 998 14 733
P/E ratio 24,7x 21,0x 51,3x 29,5x 18,5x 21,6x 20,7x 18,0x
Yield 3,11% 0,88% 2,31% 2,30% - - - 0,19%
Capitalization / Revenue 2,27x 1,93x 4,62x 3,75x 2,49x 3,65x 3,42x 3,09x
EV / Revenue 2,79x 2,38x 4,85x 3,96x 2,74x 3,90x 3,61x 3,21x
EV / EBITDA 14,1x 10,0x 18,4x 14,6x 10,9x 13,5x 12,7x 11,2x
EV / FCF -518x 24,1x 20,8x 28,6x 635x 55,4x 33,2x 33,4x
FCF Yield -0,19% 4,15% 4,80% 3,49% 0,16% 1,80% 3,01% 2,99%
Price to Book 5,84x 4,88x 12,7x 10,2x 5,84x 7,13x 5,65x 4,40x
Nbr of stocks (in thousands) 442 270 443 145 444 289 445 349 442 056 436 044 - -
Reference price 2 12,9 11,4 30,3 30,4 21,3 32,6 32,6 32,6
Announcement Date 5/20/19 5/18/20 5/17/21 5/16/22 5/15/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period : March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2 507 2 607 2 909 3 615 3 777 3 888 4 152 4 594
EBITDA 1 495 618 764 977 952 1 123 1 178 1 320
EBIT 1 405 487 629 816 780 939 997 1 126
Operating Margin 16,1% 18,7% 21,6% 22,6% 20,6% 24,2% 24,0% 24,5%
Earnings before Tax (EBT) 1 301 288 412 643 724 891 918 1 031
Net income 1 229 242 263 459 512 654 700 797
Net margin 9,13% 9,26% 9,03% 12,7% 13,6% 16,8% 16,9% 17,3%
EPS 2 0,52 0,54 0,59 1,03 1,15 1,50 1,57 1,81
Free Cash Flow 1 -13,5 257 676 499 16,3 273 451 441
FCF margin -0,54% 9,87% 23,2% 13,8% 0,43% 7,03% 10,9% 9,60%
FCF Conversion (EBITDA) - 41,6% 88,5% 51,1% 1,71% 24,3% 38,3% 33,4%
FCF Conversion (Net income) - 107% 257% 109% 3,18% 41,7% 64,5% 55,4%
Dividend per Share 2 0,40 0,10 0,70 0,70 - - - 0,06
Announcement Date 5/20/19 5/18/20 5/17/21 5/16/22 5/15/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period : March 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2 2025 Q3
Net sales 1 843 903 900 968 1 001 998 861 918 954 999 959 1 009 1 013 1 065 1 014
EBITDA 1 219 246 245 268 249 261 209 234 279 286 279 289 307 319 294
EBIT 1 181 206 204 225 208 219 165 188 234 240 232 241 253 266 244
Operating Margin 21,4% 22,8% 22,7% 23,3% 20,8% 21,9% 19,2% 20,4% 24,5% 24,0% 24,2% 23,9% 25,0% 25,0% 24,0%
Earnings before Tax (EBT) 173 205 192 - 212 231 156 124 228 221 - - - - -
Net income 1 121 150 135 52,2 163 167 100 81,4 158 152 155 172 172 176 158
Net margin 14,4% 16,6% 15,0% 5,39% 16,3% 16,8% 11,6% 8,87% 16,5% 15,2% 16,2% 17,0% 17,0% 16,5% 15,6%
EPS 2 0,27 0,34 0,30 0,12 0,37 0,38 0,22 0,18 0,36 0,34 0,35 0,39 0,40 0,41 0,37
Dividend per Share 2 - 0,40 - 0,30 - 0,30 - - - - - - - - -
Announcement Date 8/9/21 11/8/21 2/6/22 5/16/22 8/15/22 11/7/22 2/13/23 5/15/23 8/7/23 11/7/23 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period : March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 1 302 1 169 653 752 946 952 802 537
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2,63x 1,89x 0,85x 0,77x 0,99x 0,85x 0,68x 0,41x
Free Cash Flow 1 -13,5 257 676 499 16,3 273 451 441
ROE (net income / shareholders' equity) 79,8% 35,1% 25,1% 51,9% 41,1% 37,2% 32,5% 29,8%
Shareholders' equity 1 287 688 1 048 885 1 245 1 759 2 152 2 675
ROA (Net income/ Total Assets) 9,41% 8,75% 6,48% 14,9% 13,9% 12,1% 11,9% 12,4%
Assets 1 2 430 2 759 4 056 3 081 3 688 5 402 5 903 6 409
Book Value Per Share 2 2,20 2,33 2,39 2,99 3,65 4,57 5,76 7,40
Cash Flow per Share 2 0,65 1,02 1,77 1,70 0,37 1,69 1,79 1,85
Capex 1 301 194 111 258 591 542 434 490
Capex / Sales 12,0% 7,43% 3,81% 7,13% 15,7% 14,0% 10,4% 10,7%
Announcement Date 5/20/19 5/18/20 5/17/21 5/16/22 5/15/23 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating :
Investor Rating :
ESG Refinitiv :
D+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
15
Last Close Price
32.56USD
Average target price
33.22USD
Spread / Average Target
+2.03%
Consensus
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