James Hardie Industries Stock Return On Equity

JHX Stock

USD 34.93 0.45 1.27%

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.

		Last Reported	Projected for Next Year
	Return On Equity	0.27	0.29

Return On Equity is likely to rise to 0.29 in 2024.

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James Hardie Industries Company Return On Equity Analysis

James Hardie's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Return On Equity

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current James Hardie Return On Equity

0.23

Most of James Hardie's fundamental indicators, such as Return On Equity, 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.

James Return On Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for James Hardie is extremely important. It helps to project a fair market value of James Stock properly, considering its historical fundamentals such as Return On Equity. Since James Hardie's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of James Hardie's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of James Hardie's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Retained Earnings	Accounts Payable	Long Term Debt	Good Will	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Current Deferred Revenue	Net Debt	Net Receivables	Short Term Investments	Total Current Assets	Short Term Debt	Treasury Stock	Net Tangible Assets	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Long Term Debt Total	Capital Surpluse	Net Invested Capital	Net Working Capital	Capital Stock	Cash And Equivalents
Total Assets		0.76	0.75	0.78	0.85	0.91	0.86	0.91	-0.38	0.75	0.66	0.73	0.95	0.49	0.88	-0.31	0.36	0.79	-0.84	-0.77	-0.21	0.7	0.87	0.9	-0.26	0.06	0.66
Total Stockholder Equity	0.76		1.0	0.85	0.59	0.87	0.43	0.83	-0.22	0.92	0.76	0.57	0.72	0.75	0.64	-0.43	0.6	0.98	-0.76	-0.59	-0.35	0.68	0.91	0.95	-0.17	-0.48	0.74
Retained Earnings	0.75	1.0		0.84	0.58	0.87	0.41	0.83	-0.2	0.91	0.74	0.57	0.7	0.74	0.63	-0.44	0.6	0.97	-0.75	-0.57	-0.36	0.68	0.9	0.94	-0.15	-0.47	0.72
Accounts Payable	0.78	0.85	0.84		0.67	0.83	0.63	0.8	-0.43	0.87	0.76	0.66	0.86	0.76	0.71	-0.23	0.5	0.89	-0.81	-0.73	-0.2	0.73	0.86	0.88	-0.12	-0.39	0.73
Long Term Debt	0.85	0.59	0.58	0.67		0.82	0.76	0.84	-0.23	0.6	0.32	0.91	0.81	0.33	0.63	-0.16	0.2	0.61	-0.84	-0.84	0.04	0.9	0.64	0.79	-0.24	0.11	0.43
Good Will	0.91	0.87	0.87	0.83	0.82		0.66	1.0	-0.18	0.78	0.71	0.8	0.88	0.49	0.67	-0.49	0.31	0.86	-0.84	-0.75	-0.33	0.8	0.85	0.94	-0.43	-0.1	0.76
Total Liab	0.86	0.43	0.41	0.63	0.76	0.66		0.67	-0.68	0.57	0.44	0.61	0.84	0.29	0.79	0.01	0.18	0.53	-0.72	-0.74	0.0	0.62	0.61	0.64	-0.29	0.11	0.49
Intangible Assets	0.91	0.83	0.83	0.8	0.84	1.0	0.67		-0.16	0.73	0.68	0.81	0.88	0.44	0.65	-0.5	0.26	0.82	-0.82	-0.75	-0.32	0.8	0.82	0.92	-0.47	-0.04	0.73
Common Stock	-0.38	-0.22	-0.2	-0.43	-0.23	-0.18	-0.68	-0.16		-0.47	-0.23	-0.08	-0.39	-0.36	-0.5	-0.29	-0.28	-0.37	0.34	0.34	-0.01	-0.3	-0.3	-0.31	0.05	0.41	-0.27
Property Plant Equipment	0.75	0.92	0.91	0.87	0.6	0.78	0.57	0.73	-0.47		0.71	0.6	0.73	0.85	0.69	-0.19	0.69	0.97	-0.83	-0.7	-0.18	0.68	0.91	0.91	-0.07	-0.57	0.7
Current Deferred Revenue	0.66	0.76	0.74	0.76	0.32	0.71	0.44	0.68	-0.23	0.71		0.36	0.72	0.63	0.64	-0.24	0.36	0.77	-0.63	-0.54	-0.24	0.31	0.82	0.68	-0.34	-0.26	0.76
Net Debt	0.73	0.57	0.57	0.66	0.91	0.8	0.61	0.81	-0.08	0.6	0.36		0.75	0.41	0.43	-0.27	0.12	0.6	-0.79	-0.87	-0.03	0.81	0.59	0.75	-0.29	0.06	0.43
Net Receivables	0.95	0.72	0.7	0.86	0.81	0.88	0.84	0.88	-0.39	0.73	0.72	0.75		0.55	0.85	-0.22	0.32	0.77	-0.83	-0.83	-0.16	0.67	0.85	0.85	-0.27	0.04	0.72
Short Term Investments	0.49	0.75	0.74	0.76	0.33	0.49	0.29	0.44	-0.36	0.85	0.63	0.41	0.55		0.56	-0.07	0.69	0.81	-0.54	-0.59	-0.16	0.37	0.76	0.69	0.24	-0.57	0.47
Total Current Assets	0.88	0.64	0.63	0.71	0.63	0.67	0.79	0.65	-0.5	0.69	0.64	0.43	0.85	0.56		-0.02	0.52	0.7	-0.72	-0.65	-0.01	0.47	0.84	0.73	0.02	0.01	0.56
Short Term Debt	-0.31	-0.43	-0.44	-0.23	-0.16	-0.49	0.01	-0.5	-0.29	-0.19	-0.24	-0.27	-0.22	-0.07	-0.02		-0.05	-0.34	0.02	-0.03	0.86	-0.18	-0.26	-0.41	0.24	-0.07	-0.31
Treasury Stock	0.36	0.6	0.6	0.5	0.2	0.31	0.18	0.26	-0.28	0.69	0.36	0.12	0.32	0.69	0.52	-0.05		0.63	-0.43	-0.26	-0.13	0.29	0.67	0.54	0.45	-0.54	0.38
Net Tangible Assets	0.79	0.98	0.97	0.89	0.61	0.86	0.53	0.82	-0.37	0.97	0.77	0.6	0.77	0.81	0.7	-0.34	0.63		-0.8	-0.65	-0.31	0.68	0.94	0.96	-0.14	-0.5	0.74
Deferred Long Term Liab	-0.84	-0.76	-0.75	-0.81	-0.84	-0.84	-0.72	-0.82	0.34	-0.83	-0.63	-0.79	-0.83	-0.54	-0.72	0.02	-0.43	-0.8		0.85	-0.15	-0.82	-0.84	-0.85	0.26	0.22	-0.66
Long Term Investments	-0.77	-0.59	-0.57	-0.73	-0.84	-0.75	-0.74	-0.75	0.34	-0.7	-0.54	-0.87	-0.83	-0.59	-0.65	-0.03	-0.26	-0.65	0.85		-0.17	-0.72	-0.71	-0.73	0.29	0.06	-0.56
Short Long Term Debt	-0.21	-0.35	-0.36	-0.2	0.04	-0.33	0.0	-0.32	-0.01	-0.18	-0.24	-0.03	-0.16	-0.16	-0.01	0.86	-0.13	-0.31	-0.15	-0.17		-0.01	-0.19	-0.32	0.13	0.09	-0.25
Long Term Debt Total	0.7	0.68	0.68	0.73	0.9	0.8	0.62	0.8	-0.3	0.68	0.31	0.81	0.67	0.37	0.47	-0.18	0.29	0.68	-0.82	-0.72	-0.01		0.6	0.8	-0.26	-0.26	0.48
Capital Surpluse	0.87	0.91	0.9	0.86	0.64	0.85	0.61	0.82	-0.3	0.91	0.82	0.59	0.85	0.76	0.84	-0.26	0.67	0.94	-0.84	-0.71	-0.19	0.6		0.92	-0.1	-0.28	0.77
Net Invested Capital	0.9	0.95	0.94	0.88	0.79	0.94	0.64	0.92	-0.31	0.91	0.68	0.75	0.85	0.69	0.73	-0.41	0.54	0.96	-0.85	-0.73	-0.32	0.8	0.92		-0.19	-0.3	0.7
Net Working Capital	-0.26	-0.17	-0.15	-0.12	-0.24	-0.43	-0.29	-0.47	0.05	-0.07	-0.34	-0.29	-0.27	0.24	0.02	0.24	0.45	-0.14	0.26	0.29	0.13	-0.26	-0.1	-0.19		-0.07	-0.51
Capital Stock	0.06	-0.48	-0.47	-0.39	0.11	-0.1	0.11	-0.04	0.41	-0.57	-0.26	0.06	0.04	-0.57	0.01	-0.07	-0.54	-0.5	0.22	0.06	0.09	-0.26	-0.28	-0.3	-0.07		-0.31
Cash And Equivalents	0.66	0.74	0.72	0.73	0.43	0.76	0.49	0.73	-0.27	0.7	0.76	0.43	0.72	0.47	0.56	-0.31	0.38	0.74	-0.66	-0.56	-0.25	0.48	0.77	0.7	-0.51	-0.31

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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.

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Return On Equity Over Time

James Total Stockholder Equity

Total Stockholder Equity

1.95 Billion

At this time, James Hardie's Total Stockholder Equity is fairly stable compared to the past year.

Based on the latest financial disclosure, James Hardie Industries has a Return On Equity of 0.2334. This is 74.35% lower than that of the Construction Materials sector and 90.11% lower than that of the Materials industry. The return on equity for all United States stocks is 175.29% lower than that of the firm.

James Return On Equity 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 Return On Equity 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 return on equity 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 Fundamentals

	Return On Equity	0.23
	Return On Asset	0.12
	Profit Margin	0.11 %
	Operating Margin	0.22 %
	Current Valuation	16.25 B
	Shares Outstanding	429.44 M
	Shares Owned By Institutions	1.80 %
	Number Of Shares Shorted	66.51 K
	Price To Earning	52.68 X
	Price To Book	7.69 X
	Price To Sales	3.91 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	15.4 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.

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