(JHG) Janus Henderson - Ratings and Ratios
Mutual Funds, ETFs, Separate Accounts
Dividends
| Dividend Yield | 3.49% |
| Yield on Cost 5y | 6.36% |
| Yield CAGR 5y | -3.51% |
| Payout Consistency | 97.6% |
| Payout Ratio | 41.3% |
| Risk via 5d forecast | |
|---|---|
| Volatility | 23.7% |
| Value at Risk 5%th | 37.1% |
| Relative Tail Risk | -4.92% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.24 |
| Alpha | -11.53 |
| CAGR/Max DD | 0.86 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.558 |
| Beta | 1.441 |
| Beta Downside | 1.670 |
| Drawdowns 3y | |
|---|---|
| Max DD | 35.29% |
| Mean DD | 6.99% |
| Median DD | 4.95% |
Description: JHG Janus Henderson November 05, 2025
Janus Henderson Group plc (NYSE:JHG) is a London-based asset-management holding company that serves institutional, retail, and high-net-worth clients through a suite of equity, fixed-income, and balanced mutual funds, as well as private-equity and real-estate investments. Its strategy spans growth-capital, middle-market buyouts, and a broad sector focus that includes logistics, consumer durables, hospitality, health care, financial services, REITs, and alternative-energy assets, with a particular emphasis on companies in China and India.
Key metrics to note: as of the latest FY2023 filing, Janus Henderson reported approximately $340 billion in assets under management (AUM), with net inflows of $5 billion in the first half of 2024, driven largely by demand for ESG-aligned fixed-income products. The firm’s expense ratio compression-average net expense ratios fell 12 bps year-over-year-reflects industry fee pressure, while its operating margin remains around 28 %, consistent with peers in the GICS Asset Management sub-industry. Macro-level drivers such as rising interest rates and heightened demand for diversified income streams are likely to influence both its fixed-income and REIT portfolios.
For a deeper, data-rich assessment of Janus Henderson’s valuation and risk profile, you might explore the ValueRay platform to complement your analysis.
Piotroski VR‑10 (Strict, 0-10) 5.5
| Net Income (534.5m TTM) > 0 and > 6% of Revenue (6% = 159.8m TTM) |
| FCFTA 0.08 (>2.0%) and ΔFCFTA 0.06pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 88.95% (prev 90.81%; Δ -1.85pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.08 (>3.0%) and CFO 644.1m > Net Income 534.5m (YES >=105%, WARN >=100%) |
| Net Debt (-601.5m) to EBITDA (776.2m) ratio: -0.77 <= 3.0 (WARN <= 3.5) |
| Current Ratio 4.02 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (154.8m) change vs 12m ago 0.06% (target <= -2.0% for YES) |
| Gross Margin 69.16% (prev 69.14%; Δ 0.02pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 35.80% (prev 32.12%; Δ 3.68pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 29.30 (EBITDA TTM 776.2m / Interest Expense TTM 25.3m) >= 6 (WARN >= 3) |
Altman Z'' 3.80
| (A) 0.31 = (Total Current Assets 3.15b - Total Current Liabilities 784.3m) / Total Assets 7.61b |
| (B) 0.16 = Retained Earnings (Balance) 1.18b / Total Assets 7.61b |
| (C) 0.10 = EBIT TTM 741.2m / Avg Total Assets 7.44b |
| (D) 0.55 = Book Value of Equity 1.07b / Total Liabilities 1.94b |
| Total Rating: 3.80 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 74.07
| 1. Piotroski 5.50pt |
| 2. FCF Yield 10.02% |
| 3. FCF Margin 23.81% |
| 4. Debt/Equity 0.08 |
| 5. Debt/Ebitda -0.77 |
| 6. ROIC - WACC (= 0.85)% |
| 7. RoE 11.35% |
| 8. Rev. Trend 40.97% |
| 9. EPS Trend 50.70% |
What is the price of JHG shares?
Over the past week, the price has changed by +1.77%, over one month by +2.32%, over three months by +2.18% and over the past year by +7.11%.
Is JHG a buy, sell or hold?
- Strong Buy: 2
- Buy: 1
- Hold: 8
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the JHG price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 50 | 9.9% |
| Analysts Target Price | 50 | 9.9% |
| ValueRay Target Price | 53 | 16.4% |
JHG Fundamental Data Overview December 11, 2025
P/E Trailing = 13.1858
P/E Forward = 10.4932
P/S = 2.6179
P/B = 1.4455
P/EG = 1.234
Beta = 1.563
Revenue TTM = 2.66b USD
EBIT TTM = 741.2m USD
EBITDA TTM = 776.2m USD
Long Term Debt = 395.4m USD (from longTermDebt, last quarter)
Short Term Debt = 16.6m USD (from shortTermDebt, last fiscal year)
Debt = 395.4m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -601.5m USD (from netDebt column, last quarter)
Enterprise Value = 6.33b USD (6.97b + Debt 395.4m - CCE 1.04b)
Interest Coverage Ratio = 29.30 (Ebit TTM 741.2m / Interest Expense TTM 25.3m)
FCF Yield = 10.02% (FCF TTM 634.0m / Enterprise Value 6.33b)
FCF Margin = 23.81% (FCF TTM 634.0m / Revenue TTM 2.66b)
Net Margin = 20.07% (Net Income TTM 534.5m / Revenue TTM 2.66b)
Gross Margin = 69.16% ((Revenue TTM 2.66b - Cost of Revenue TTM 821.4m) / Revenue TTM)
Gross Margin QoQ = 70.67% (prev 69.06%)
Tobins Q-Ratio = 0.83 (Enterprise Value 6.33b / Total Assets 7.61b)
Interest Expense / Debt = 1.59% (Interest Expense 6.30m / Debt 395.4m)
Taxrate = 19.91% (45.0m / 226.0m)
NOPAT = 593.6m (EBIT 741.2m * (1 - 19.91%))
Current Ratio = 4.02 (Total Current Assets 3.15b / Total Current Liabilities 784.3m)
Debt / Equity = 0.08 (Debt 395.4m / totalStockholderEquity, last quarter 4.78b)
Debt / EBITDA = -0.77 (Net Debt -601.5m / EBITDA 776.2m)
Debt / FCF = -0.95 (Net Debt -601.5m / FCF TTM 634.0m)
Total Stockholder Equity = 4.71b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.02% (Net Income 534.5m / Total Assets 7.61b)
RoE = 11.35% (Net Income TTM 534.5m / Total Stockholder Equity 4.71b)
RoCE = 14.52% (EBIT 741.2m / Capital Employed (Equity 4.71b + L.T.Debt 395.4m))
RoIC = 11.63% (NOPAT 593.6m / Invested Capital 5.10b)
WACC = 10.78% (E(6.97b)/V(7.37b) * Re(11.32%) + D(395.4m)/V(7.37b) * Rd(1.59%) * (1-Tc(0.20)))
Discount Rate = 11.32% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -81.65 | Cagr: -1.70%
[DCF Debug] Terminal Value 67.97% ; FCFE base≈620.4m ; Y1≈644.4m ; Y5≈737.5m
Fair Price DCF = 50.86 (DCF Value 7.86b / Shares Outstanding 154.5m; 5y FCF grow 4.04% → 3.0% )
EPS Correlation: 50.70 | EPS CAGR: 1.00% | SUE: 1.94 | # QB: 6
Revenue Correlation: 40.97 | Revenue CAGR: 0.12% | SUE: 0.43 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.95 | Chg30d=+0.012 | Revisions Net=+0 | Analysts=6
EPS next Year (2026-12-31): EPS=4.33 | Chg30d=+0.097 | Revisions Net=+6 | Growth EPS=+9.3% | Growth Revenue=+9.5%
Additional Sources for JHG Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle