(JHG) Janus Henderson - Ratings and Ratios

Exchange: NYSE • Country: United Kingdom • Currency: USD • Type: Common Stock • ISIN: JE00BYPZJM29

Equity Funds, Fixed-Income Funds, Balanced Funds, Private Equity, Real-Estate

Asset Management & Custody Banks
Market Cap in USD: 7,378m

IPO / Inception: 2000-06-26
12m vs SPY: 1.34%

EPS (Earnings per Share)

EPS CAGR: -47.59%
EPS Trend: 7.8%

Last SUE: -4.00
Qual. Beats: 0

Revenue

Rev. CAGR: 0.12%
Rev. Trend: 41.0%

Last SUE: 0.43
Qual. Beats: 0

Dividends

Dividend Yield	3.78%
Yield on Cost 5y	5.76%
Yield CAGR 5y	1.47%
Payout Consistency	97.8%
Payout Ratio	41.3%

Risk via 5d forecast
Volatility	21.9%
Value at Risk 5%th	33.2%
Relative Tail Risk	-7.59%

Reward TTM
Sharpe Ratio	0.64
Alpha	-8.45
CAGR/Max DD	0.79

Character TTM
Hurst Exponent	0.448
Beta	1.435
Beta Downside	1.649

Drawdowns 3y
Max DD	35.29%
Mean DD	6.93%
Median DD	4.82%

Description: JHG Janus Henderson January 08, 2026

Janus Henderson Group plc (NYSE:JHG) is a UK-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 product focus spans growth-capital, middle-market buyouts, and a broad set of sector exposures-including commercial services, logistics, consumer durables, hospitality, health care, financial services, REITs, and alternative-energy assets-across both public and private markets, with a particular emphasis on companies in China and India.

Key metrics as of the latest FY2023 filing show approximately $400 billion in assets under management (AUM), a net inflow of $9 billion for the year, and a dividend yield near 2.5 %. The firm’s revenue mix is roughly 55 % fee-based (management fees) and 45 % performance-based, reflecting a shift toward recurring fee structures amid industry pressure from passive alternatives. Macro drivers that materially affect Janus Henderson include global interest-rate trends (which influence fixed-income demand), the ongoing reallocation to ESG-aligned funds, and the growth of emerging-market capital flows, especially in India’s expanding middle-class consumer sector.

For a deeper, data-driven view of JHG’s valuation and risk profile, you may find it useful to explore the analytics available on ValueRay.

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

(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) 71.74

1. Piotroski 5.50pt

2. FCF Yield 9.42%

3. FCF Margin 23.81%

4. Debt/Equity 0.08

5. Debt/Ebitda -0.77

6. ROIC - WACC (= 0.94)%

7. RoE 11.35%

8. Rev. Trend 40.97%

9. EPS Trend 7.80%

What is the price of JHG shares?

As of January 13, 2026, the stock is trading at USD 47.95 with a total of 1,258,782 shares traded.
Over the past week, the price has changed by +0.38%, over one month by +5.38%, over three months by +11.99% and over the past year by +22.60%.

Is JHG a buy, sell or hold?

Janus Henderson has received a consensus analysts rating of 3.45. Therefor, it is recommend to hold JHG.

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	49.7	3.7%
Analysts Target Price	49.7	3.7%
ValueRay Target Price	56.8	18.4%

JHG Fundamental Data Overview January 13, 2026

P/E Trailing = 14.0885
P/E Forward = 10.917
P/S = 2.7702
P/B = 1.4937
P/EG = 0.9836
Beta = 1.532
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 = 6.73b USD (7.38b + Debt 395.4m - CCE 1.04b)
Interest Coverage Ratio = 29.30 (Ebit TTM 741.2m / Interest Expense TTM 25.3m)
EV/FCF = 10.62x (Enterprise Value 6.73b / FCF TTM 634.0m)
FCF Yield = 9.42% (FCF TTM 634.0m / Enterprise Value 6.73b)
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 = 0.88 (Enterprise Value 6.73b / 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 = 7.18% (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 = 10.70% (E(7.38b)/V(7.77b) * Re(11.20%) + D(395.4m)/V(7.77b) * Rd(1.59%) * (1-Tc(0.20)))
Discount Rate = 11.20% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -81.65 | Cagr: -1.70%
[DCF Debug] Terminal Value 69.58% ; FCFF base≈620.4m ; Y1≈644.3m ; Y5≈735.7m
Fair Price DCF = 60.24 (EV 8.40b - Net Debt -601.5m = Equity 9.00b / Shares 149.4m; r=10.70% [WACC]; 5y FCF grow 4.04% → 2.90% )
EPS Correlation: 7.80 | EPS CAGR: -47.59% | SUE: -4.0 | # QB: 0
Revenue Correlation: 40.97 | Revenue CAGR: 0.12% | SUE: 0.43 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.96 | Chg30d=+0.010 | Revisions Net=+0 | Analysts=6
EPS next Year (2026-12-31): EPS=4.38 | Chg30d=+0.053 | Revisions Net=+2 | Growth EPS=+9.6% | Growth Revenue=+8.6%

Additional Sources for JHG Stock

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