James Hardie Industries Stock Z Score

JHX Stock

USD 36.64 0.30 0.81%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out James Hardie Piotroski F Score and James Hardie Valuation analysis.

At this time, James Hardie's Capital Lease Obligations is fairly stable compared to the past year. Capital Expenditures is likely to rise to about 471.8 M in 2024, whereas Capital Surpluse is likely to drop slightly above 223.5 M in 2024. At this time, James Hardie's EBITDA is fairly stable compared to the past year. Total Operating Expenses is likely to rise to about 859.2 M in 2024, whereas Interest Expense is likely to drop slightly above 21.2 M in 2024.

James Hardie Industries Company Z Score Analysis

James Hardie's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

James Z Score 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 Z Score. 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

Click cells to compare fundamentals

To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.

Competition

Predict James Hardie

According to the company's disclosures, James Hardie Industries has a Z Score of 0.0. This is 100.0% lower than that of the Construction Materials sector and 100.0% lower than that of the Materials industry. The z score for all United States stocks is 100.0% higher than that of the company.

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

James Fundamentals

	Return On Equity	0.23
	Return On Asset	0.12
	Profit Margin	0.11 %
	Operating Margin	0.22 %
	Current Valuation	16.54 B
	Shares Outstanding	429.46 M
	Shares Owned By Institutions	1.82 %
	Number Of Shares Shorted	32.56 K
	Price To Earning	52.68 X
	Price To Book	7.96 X
	Price To Sales	4.00 X
	Revenue	3.94 B
	Gross Profit	1.31 B
	EBITDA	976.07 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	0.33 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	15.74 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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James Hardie Industries Stock Z Score

James Hardie Industries Company Z Score Analysis

Z Score

Sum Of

5 Factors

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

James Z Score Driver Correlations

James Hardie ESG Sustainability

James Hardie Institutional Holders

James Fundamentals

About James Hardie Fundamental Analysis

Also Currently Popular

Additional Tools for James Stock Analysis

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