JHX Stock Analysis: James Hardie Industries | NYSE
Building Materials | NYSE, USA | Market Cap: 14.989m USD | 12M Return: 43.2% | IE000R94NGM2 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 278M
EPS Trend: -71.1%
Qual. Beats: 0
Rev. Trend: 78.6%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
James Hardie Industries plc (NYSE: JHX) is a Dublin-headquartered manufacturer of fiber cement, fiber gypsum, and cement-bonded boards serving residential and commercial construction markets across the United States, Australia, Europe, and New Zealand. Within the GICS Materials sector (Construction Materials sub-industry), the company is best known for popularizing fiber cement technology, a durable exterior cladding material positioned as an alternative to wood, vinyl, and masonry siding.
The business is organized into four reporting segments: Siding & Trim; Deck, Rail & Accessories; Australia & New Zealand; and Europe. The Siding & Trim segment produces fiber cement and PVC exterior products under the Hardie, AZEK Exteriors, and Versatex brands. The Deck, Rail & Accessories segment offers wood-alternative decking, railing, and outdoor living products under TimberTech, ULTRALOX, INTEX, and StruXure, reflecting the companys expansion beyond traditional fiber cement into the broader exterior building products category. The Australia & New Zealand segment is built around the Hardie fiber cement platform for cladding, lining, flooring, eaves, and façade systems, while the Europe segment markets fiber gypsum and cement-bonded boards under the fermacell brand alongside Hardie fiber cement products.
Products reach end customers through specialty building products distributors, lumberyards, and home improvement retailers, serving builders merchants, remodelers, DIY stores, and professional contractors. Founded in 1888, James Hardie generates the majority of its revenue from North American residential demand, with earnings tied to U.S. housing starts, repair-and-remodel activity, and the penetration of fiber cement against legacy cladding materials.
- US housing starts and repair demand drive Siding & Trim volumes
- AZEK integration expands Deck, Rail & Accessories market share
- Australia housing downturn pressures ANZ segment revenue
- Fiber cement input costs and freight weigh on margins
| Net Income: 145.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA -3.70 > 1.0 |
| NWC/Revenue: 12.01% < 20% (prev 61.50%; Δ -49.49% < -1%) |
| CFO/TA 0.05 > 3% & CFO 726.2m > Net Income 145.7m |
| Net Debt (4.48b) to EBITDA (1.07b): 4.17 < 3 |
| Current Ratio: 1.59 > 1.5 & < 3 |
| Outstanding Shares: last quarter (584.3m) vs 12m ago 35.54% < -2% |
| Gross Margin: 35.88% > 18% (prev 38.17%; Δ -2.29% > 0.5%) |
| Asset Turnover: 53.36% > 50% (prev 55.78%; Δ -2.42% > 0%) |
| Interest Coverage Ratio: 1.84 > 6 (EBIT TTM 467.6m / Interest Expense TTM 254.8m) |
| A: 0.05 (Total Current Assets 1.76b - Total Current Liabilities 1.11b) / Total Assets 13.5b |
| B: 0.14 (Retained Earnings 1.93b / Total Assets 13.5b) |
| C: 0.05 (EBIT TTM 467.6m / Avg Total Assets 10.1b) |
| D: 0.94 (Book Value of Equity 6.54b / Total Liabilities 6.95b) |
| Altman-Z'' = 2.08 = BBB |
| DSRI: 1.06 (Receivables 499.6m/328.9m, Revenue 5.41b/3.79b) |
| GMI: 1.06 (GM 38.17% / 35.88%) |
| AQI: 3.23 (AQ_t 0.63 / AQ_t-1 0.19) |
| SGI: 1.43 (Revenue 5.41b / 3.79b) |
| TATA: -0.04 (NI 145.7m - CFO 726.2m) / TA 13.5b) |
| Beneish M = -1.29 (Cap -4..+1) = D |
As of September 25, 2026, the stock is trading at USD 26.10 with a total of 12,020,204 shares traded. Over the past week, the price has changed by +0.73%, over one month by -13.58%, over three months by +1.08% and over the past year by +43.17%.
Current recommended Stop Loss: 24.80 (which is 5% or 1.3 ATR below the current price).
James Hardie Industries has received a consensus analysts rating of 4.50. Therefore, it is recommended to buy JHX.
- StrongBuy: 1
- Buy: 1
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 35.3 | 35.1% |
P/E Trailing = 117.3636
P/E Forward = 20.9644
P/S = 2.7704
P/B = 2.2917
P/EG = 1.2402
Revenue TTM = 5.41b USD
EBIT TTM = 467.6m USD
EBITDA TTM = 1.07b USD
Long Term Debt = 4.23b USD (from longTermDebt, last quarter)
Short Term Debt = 83.7m USD (from shortTermDebt, last quarter)
Debt = 4.77b USD (from shortLongTermDebtTotal, last quarter) + Leases 245.3m
Net Debt = 4.48b USD (calculated: Debt 4.77b - CCE 289.9m)
Enterprise Value = 19.5b USD (15.0b + Debt 4.77b - CCE 289.9m)
Interest Coverage Ratio = 1.84 (Ebit TTM 467.6m / Interest Expense TTM 254.8m)
EV/FCF = 55.07x (Enterprise Value 19.5b / FCF TTM 353.5m)
FCF Yield = 1.82% (FCF TTM 353.5m / Enterprise Value 19.5b)
FCF Margin = 6.53% (FCF TTM 353.5m / Revenue TTM 5.41b)
Net Margin = 2.69% (Net Income TTM 145.7m / Revenue TTM 5.41b)
Gross Margin = 35.88% ((Revenue TTM 5.41b - Cost of Revenue TTM 3.47b) / Revenue TTM)
Gross Margin QoQ = 37.21% (prev 37.28%)
Tobins Q-Ratio = 1.44 (Enterprise Value 19.5b / Total Assets 13.5b)
Interest Expense / Debt = 5.34% (Interest Expense 254.8m / Debt 4.77b)
Taxrate = 46.88% (128.6m / 274.3m)
NOPAT = 248.4m (EBIT 467.6m * (1 - 46.88%))
Current Ratio = 1.59 (Total Current Assets 1.76b / Total Current Liabilities 1.11b)
Debt / Equity = 0.73 (Debt 4.77b / totalStockholderEquity, last quarter 6.54b)
Debt / EBITDA = 4.17 (Net Debt 4.48b / EBITDA 1.07b)
Debt / FCF = 12.67 (Net Debt 4.48b / FCF TTM 353.5m)
Total Stockholder Equity = 6.42b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.44% (Net Income 145.7m / Total Assets 13.5b)
RoE = 2.27% (Net Income TTM 145.7m / Total Stockholder Equity 6.42b)
RoCE = 4.39% (EBIT 467.6m / Capital Employed (Equity 6.42b + L.T.Debt 4.23b))
RoIC = 2.04% (NOPAT 248.4m / Invested Capital 12.2b)
WACC = 9.36% (E(15.0b)/V(19.8b) * Re(11.44%) + D(4.77b)/V(19.8b) * Rd(5.34%) * (1-Tc(0.47)))
Discount Rate = 11.44% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 82.50 | Cagr: 13.48%
[DCF] Terminal Value 69.39% ; FCFF base≈383.7m ; Y1≈336.5m ; Y5≈271.9m
[DCF] Fair Price = N/A (negative equity: EV 3.74b - Net Debt 4.48b = -738.4m; debt exceeds intrinsic value)
EPS Correlation: -71.07 | EPS CAGR: -13.30% | SUE: 0.40 | # QB: 0
Revenue Correlation: 78.58 | Revenue CAGR: 10.25% | SUE: 0.32 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.38 | Chg30d=-2.78% | Revisions=+57% | Analysts=7
EPS next Quarter (2026-12-31): EPS=0.26 | Chg30d=-1.63% | Revisions=+0% | Analysts=7
EPS current Year (2027-03-31): EPS=1.37 | Chg30d=+3.28% | Revisions=+62% | GrowthEPS=+25.6% | GrowthRev=+16.1%
EPS next Year (2028-03-31): EPS=1.62 | Chg30d=+1.04% | Revisions=+57% | GrowthEPS=+18.1% | GrowthRev=+5.4%
[Analyst] Revisions Ratio: +72% (up=14, down=1)