James Hardie Industries Plc (JHX) - Research

$18.670 0.04 (0.21%)

JHX General Information +

ASX Code JHX
Website http://www.jameshardie.com
GICS Sub-Industry Construction Materials
Market Cap ($M) 8,257
Current Price $18.670
Day High $18.690
Day Low $18.475
Last Close $18.630
Price Movement $0.04 ( 0.21% )
Prices as at 16:40, 23 Jul 2019
+Security prices are delayed by at least 20 minutes and are indicative only.

Recommendation


James Hardie Industries Plc (JHX)
BUY
below
HOLD
up to
SELL
above
Current Price
$18.670 as at 16:40, 23 Jul 2019

Price at review
$18.670 on 24 Jun 19

Max Portfolio Weighting

Business Risk

Share Price Risk

JHX Related Research

JHX Company Overview

Business Description

James Hardie Industries Plc (JHX) is manufacturer of fibre cement siding and backerboard. Their fibre cement products are used in a number of markets, including new residential construction, manufactured housing, repair and remodelling and a variety of commercial and industrial applications. Their current primary geographic markets include the United States, Australia, New Zealand, the Philippines, Europe and Canada.

JHX Financial Summary

Year to Mar NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2021 F 526.40 118.72 13.30% 15.69 59.36 3.19% 0.0%
2020 F 464.59 104.77 32.30% 17.78 52.39 2.81% 0.0%
2019 A 350.33 79.21 -16.40% 24.83 49.32 2.51% 0.0%

JHX Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2019 A 2020 F 2021 F 2019 A 2020 F 2021 F 2019 A 2020 F 2021 F
Adelaide Brighton (ABC) $2,835M 0.0658 -0.1134 0.0533 15.0000 16.9195 16.0635 6.44% 4.53% 4.76%
Brickworks (BKW) $2,575M 0.0377 0.3780 -0.4278 12.5722 9.1237 15.9447 3.14% 3.14% 3.14%
Boral (BLD) $6,530M 0.1489 -0.0076 0.0353 14.0479 14.1550 13.6721 4.76% 4.78% 4.91%
Fletcher Building (FBU) $4,011M 0.0000 0.0000 -0.1091 0.0000 11.1931 12.5635 0.00% 6.36% 5.81%
James Hardie (JHX) $8,301M 0.5407 0.3025 0.1108 23.9261 18.3695 16.5374 2.71% 2.84% 3.27%

JHX Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.89 21.70 5.99 1.06
Market 0.95 17.20 1.55 1.43
Sector 1.61 13.10 1.31 0.55

JHX Directors

Name Position Start Date
Dr Jack G Truong Chief Executive Officer, Executive Director 31 Jan 2019
Mr Michael N Hammes Non-Executive Chairman, Non-Executive Director 7 Feb 2007
Mr Brian Anderson Non-Executive Director 14 Dec 2006
Mr David D Harrison Non-Executive Director 19 May 2008
Mr Russell Langtry Chenu Non-Executive Director 15 Aug 2014
Mr Rudolf (Rudy) M J Van Der Meer Non-Executive Director 7 Feb 2007
Ms Alison Littley Non-Executive Director 27 Feb 2012
Ms Andrea Gisle Joosen Non-Executive Director 20 Mar 2015
Mr Persio Lisboa Non-Executive Director 2 Feb 2018
Ms Anne Lloyd Non-Executive Director 4 Nov 2018
Ms Rada Rodriguez Non-Executive Director 13 Nov 2018

JHX Management

Name Position
Matthew Marsh Chief Financial Officer and Executive Vice President - Corporate
Natasha Mercer Company Secretary
Ryan Kilcullen Executive Vice President - Operations
Sean Gadd Executive Vice President, North America Commercial
Joe Blasko General Counsel and Chief Compliance Officer
Conrad Groenewald General Manager, Asia Pacific
Jorg Brinkmann General Manager, Europe
Jason Miele Vice President, Investor and Media Relations

JHX Substantial Shareholders

Holding Name
31,083,296 (7.03%) Commonwealth Bank of Australia
24,729,809 (5.59%) BlackRock Group
23,564,091 (5.33%) Oppenheimer Funds Inc.
23,463,934 (5.31%) The Vanguard Group Inc.

JHX Calendar of Events

Date Event
20 May 2020 Report (Annual)
19 May 2020 Report (Prelim)
07 November 2019 Report (Interim)
09 August 2019 AGM
02 August 2019 Div Pay Date

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