James Hardie Industries Stock Beta
| JHX Stock | USD 35.66 0.73 2.09% |
James Hardie Industries fundamentals help investors to digest information that contributes to James Hardie's financial success or failures. It also enables traders to predict the movement of James Stock. The fundamental analysis module provides a way to measure James Hardie's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to James Hardie stock.
James |
James Hardie Industries Company Beta Analysis
James Hardie's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current James Hardie Beta | 1.17 |
Most of James Hardie's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, James Hardie Industries is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, James Hardie Industries has a Beta of 1.165. This is 33.91% higher than that of the Construction Materials sector and 18.53% lower than that of the Materials industry. The beta for all United States stocks is notably lower than that of the firm.
James Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses James Hardie's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of James Hardie could also be used in its relative valuation, which is a method of valuing James Hardie by comparing valuation metrics of similar companies.James Hardie is currently under evaluation in beta category among its peers.
James Hardie ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, James Hardie's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to James Hardie's managers, analysts, and investors.Environmental | Governance | Social |
James Hardie Institutional Holders
Institutional Holdings refers to the ownership stake in James Hardie that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of James Hardie's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing James Hardie's value.| Shares | New York State Common Retirement Fund | 2024-09-30 | 60.6 K | Quantinno Capital Management Lp | 2024-09-30 | 58.6 K | Wells Fargo & Co | 2024-06-30 | 56 K | Jane Street Group Llc | 2024-06-30 | 55.7 K | Boston Common Asset Management, Llc | 2024-09-30 | 55.5 K | Crossmark Global Holdings, Inc. | 2024-09-30 | 52 K | Charles Schwab Investment Management Inc | 2024-09-30 | 51.1 K | Justinvest Llc | 2024-06-30 | 46.7 K | Acadian Asset Management Llc | 2024-06-30 | 44.8 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 3.9 M | Goldman Sachs Group Inc | 2024-06-30 | 977 K |
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, James Hardie will likely underperform.
James Fundamentals
| Return On Equity | 0.23 | ||||
| Return On Asset | 0.12 | ||||
| Profit Margin | 0.11 % | ||||
| Operating Margin | 0.22 % | ||||
| Current Valuation | 16.22 B | ||||
| Shares Outstanding | 429.46 M | ||||
| Shares Owned By Institutions | 1.80 % | ||||
| Number Of Shares Shorted | 66.51 K | ||||
| Price To Earning | 52.68 X | ||||
| Price To Book | 7.75 X | ||||
| Price To Sales | 3.90 X | ||||
| Revenue | 3.94 B | ||||
| Gross Profit | 1.31 B | ||||
| EBITDA | 976.2 M | ||||
| Net Income | 510.2 M | ||||
| Cash And Equivalents | 125 M | ||||
| Cash Per Share | 0.31 X | ||||
| Total Debt | 1.2 B | ||||
| Debt To Equity | 0.71 % | ||||
| Current Ratio | 1.14 X | ||||
| Book Value Per Share | 4.60 X | ||||
| Cash Flow From Operations | 914.2 M | ||||
| Short Ratio | 0.71 X | ||||
| Earnings Per Share | 1.01 X | ||||
| Price To Earnings To Growth | 2.53 X | ||||
| Target Price | 31.23 | ||||
| Number Of Employees | 5.68 K | ||||
| Beta | 1.17 | ||||
| Market Capitalization | 15.37 B | ||||
| Total Asset | 4.91 B | ||||
| Retained Earnings | 1.45 B | ||||
| Working Capital | 630.7 M | ||||
| Current Asset | 535.9 M | ||||
| Current Liabilities | 399.8 M | ||||
| Five Year Return | 2.27 % | ||||
| Net Asset | 4.91 B |
About James Hardie Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze James Hardie Industries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of James Hardie using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of James Hardie Industries based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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.