James Hardie Financials

JHX Stock  USD 34.93  0.45  1.27%   
Based on the measurements of operating efficiency obtained from James Hardie's historical financial statements, James Hardie Industries is performing exceptionally good at this time. It has a great probability to report excellent financial results in December. At this time, James Hardie's Cash And Short Term Investments are fairly stable compared to the past year. Short Term Investments is likely to rise to about 187.3 M in 2024, whereas Total Assets are likely to drop slightly above 2.6 B in 2024. Key indicators impacting James Hardie's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.140.1296
Significantly Up
Pretty Stable
Return On Assets0.110.1039
Notably Up
Very volatile
Operating Income805.8 M767.4 M
Sufficiently Up
Slightly volatile
Current Ratio1.831.7906
Fairly Up
Pretty Stable
The financial analysis of James Hardie is a critical element in measuring its lifeblood. Investors should not minimize James Hardie's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Cash And Equivalents

153.06 Million

  
Understanding current and past James Hardie Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of James Hardie's financial statements are interrelated, with each one affecting the others. For example, an increase in James Hardie's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in James Hardie's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of James Hardie Industries. Check James Hardie's Beneish M Score to see the likelihood of James Hardie's management manipulating its earnings.

James Hardie Stock Summary

James Hardie competes with Loma Negra, Summit Materials, United States, Eagle Materials, and Cementos Pacasmayo. James Hardie Industries plc, together with its subsidiaries, manufactures and sells fiber cement, fiber gypsum, and cement bonded building products for interior and exterior building construction applications primarily in the United States, Australia, Europe, New Zealand, the Philippines, and Canada. James Hardie Industries plc was founded in 1888 and is based in Dublin, Ireland. James Hardie operates under Building Materials classification in the United States and is traded on New York Stock Exchange.
Foreign Associate
  Australia
Specialization
Basic Materials, Building Materials
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS47030M1062
CUSIP47030M106 N47235101
LocationIreland
Business AddressOne Park Place,
SectorConstruction Materials
IndustryMaterials
BenchmarkDow Jones Industrial
Websiteir.jameshardie.com.au
Phone353 1 411 6924
CurrencyUSD - US Dollar

James Hardie Key Financial Ratios

James Hardie Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets4.0B4.1B4.2B4.5B4.9B2.6B
Other Current Liab12.1M702.9M459.6M465.6M506.2M531.5M
Other Liab1.1B1.2B1.2B1.0B1.2B1.2B
Retained Earnings654.1M611.4M892.4M1.2B1.4B1.5B
Accounts Payable274.7M174M273.6M198.2M252M264.6M
Cash144.4M208.5M125M113M365M383.3M
Other Assets1.4B1.3B1.2B1.2B1.3B1.4B
Long Term Debt1.4B858.6M877.3M1.1B1.1B574.2M
Good Will202.7M209.3M199.5M194.9M192.6M127.3M
Inventory305.1M218.3M279.7M344.2M337.8M203.3M
Other Current Assets1.5M177M313M281.1M354.4M372.1M
Total Liab3.0B3.0B2.9B2.9B3.1B2.2B
Intangible Assets166.7M173.9M162.8M155.2M149.2M90.7M
Net Debt1.3B714.1M830.5M1.0B836M431.6M
Net Receivables369.8M339.8M373.9M336.8M371.2M221.2M
Total Current Assets908M943.6M1.1B1.1B1.4B735.6M
Short Term Debt14.8M17.6M27.2M18.1M26.5M44.1M
Net Tangible Assets671.7M677.6M970.6M1.3B1.5B1.5B
Long Term Debt Total1.4B1.4B860.5M878.8M1.0B1.1B

James Hardie Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
201920202021202220232024 (projected)
Interest Expense57.5M48.5M40.3M37M36.4M21.2M
Total Revenue2.6B2.9B3.6B3.8B3.9B4.1B
Gross Profit933.7M1.1B1.3B1.3B1.6B1.7B
Operating Income488.1M472.8M682.6M741.4M767.4M805.8M
Research Development32.8M34.3M38M39.6M47M31.8M
Cost Of Revenue1.7B1.9B2.3B2.5B2.3B1.2B
Income Before Tax288M412M643.1M723.5M754.8M792.5M
Net Income241.5M262.8M459.1M512M510.2M535.7M
Income Tax Expense46.5M149.2M184M211.5M244.6M256.8M
Ebit619.4M461.8M682.7M761.4M791.2M830.8M
Ebitda619.6M594.8M844.2M934.2M976.2M1.0B
Tax Provision46.5M149.2M184M211.5M244.6M125.3M
Interest Income54.4M700K1M6.3M21.1M19.1M
Net Interest Income(54.4M)(47.8M)(39.3M)(30.7M)(15.3M)(16.1M)

James Hardie Key Cash Accounts

Cash flow analysis captures how much money flows into and out of James Hardie Industries. It measures of how well James is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money James Hardie brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money James had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what James Hardie has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Dividends Paid177.5M172.1M158.6M484M129.6M0.0
Capital Expenditures203.3M120.2M259.7M599.8M449.3M471.8M
Net Income241.5M262.8M459.1M512M510.2M535.7M
Change To Netincome244.8M294.6M229M134.3M154.4M123.3M
Change In Cash62.2M132.6M(46.5M)(86.3M)230.2M241.7M
Free Cash Flow247.9M666.7M497.5M7.8M464.9M488.1M
Depreciation131.5M135M161.8M172.6M185M194.3M
Other Non Cash Items64.9M84.4M51.4M(37.7M)112.3M80.2M
End Period Cash Flow185.8M318.4M271.9M185.6M415.8M436.6M
Change To Inventory3.2M98.7M(64.3M)(70.8M)3.4M3.6M
Net Borrowings(20.4M)(530.8M)39M188.5M169.7M117.3M
Investments(203.8M)(120.4M)(348.2M)(660.1M)(470.5M)(494.0M)

James Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining James Hardie's current stock value. Our valuation model uses many indicators to compare James Hardie value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across James Hardie competition to find correlations between indicators driving James Hardie's intrinsic value. More Info.
James Hardie Industries is rated third overall in return on equity category among its peers. It also is rated third overall in return on asset category among its peers reporting about  0.52  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for James Hardie Industries is roughly  1.93 . At this time, James Hardie's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the James Hardie's earnings, one of the primary drivers of an investment's value.

James Hardie Industries Systematic Risk

James Hardie's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. James Hardie volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on James Hardie Industries correlated with the market. If Beta is less than 0 James Hardie generally moves in the opposite direction as compared to the market. If James Hardie Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one James Hardie Industries is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of James Hardie is generally in the same direction as the market. If Beta > 1 James Hardie moves generally in the same direction as, but more than the movement of the benchmark.

James Hardie Thematic Clasifications

James Hardie Industries is part of Construction Materials investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Construction Materials industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
Construction MaterialsView
This theme covers USA Equities from Construction Materials industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in James Hardie Stock are looking for potential investment opportunities by analyzing not only static indicators but also various James Hardie's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of James Hardie growth as a starting point in their analysis.

Price Earnings To Growth Ratio

41.61

At this time, James Hardie's Price Earnings To Growth Ratio is fairly stable compared to the past year.

James Hardie November 21, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of James Hardie help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of James Hardie Industries. We use our internally-developed statistical techniques to arrive at the intrinsic value of James Hardie Industries based on widely used predictive technical indicators. In general, we focus on analyzing James Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build James Hardie's daily price indicators and compare them against related drivers.

Additional Tools for James Stock Analysis

When running James Hardie's price analysis, check to measure James Hardie's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy James Hardie is operating at the current time. Most of James Hardie's value examination focuses on studying past and present price action to predict the probability of James Hardie's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move James Hardie's price. Additionally, you may evaluate how the addition of James Hardie to your portfolios can decrease your overall portfolio volatility.