James Hardie Industries Stock Return On Equity
JHX Stock | USD 35.10 0.44 1.27% |
James Hardie Industries fundamentals help investors to digest information that contributes to James Hardie's financial success or failures. It also enables traders to predict the movement of James Stock. The fundamental analysis module provides a way to measure James Hardie's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to James Hardie stock.
Last Reported | Projected for Next Year | ||
Return On Equity | 0.29 | 0.30 |
James | Return On Equity |
James Hardie Industries Company Return On Equity Analysis
James Hardie's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current James Hardie Return On Equity | 0.31 |
Most of James Hardie's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, James Hardie Industries is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
James Return On Equity 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 Return On Equity. 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.
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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Competition |
James Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, James Hardie Industries has a Return On Equity of 0.3096. This is 65.98% lower than that of the Construction Materials sector and 86.88% lower than that of the Materials industry. The return on equity for all United States stocks is 199.87% lower than that of the firm.
James Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses James Hardie's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of James Hardie could also be used in its relative valuation, which is a method of valuing James Hardie by comparing valuation metrics of similar companies.James Hardie is currently under evaluation in return on equity category among related companies.
James Fundamentals
Return On Equity | 0.31 | ||||
Return On Asset | 0.12 | ||||
Profit Margin | 0.14 % | ||||
Operating Margin | 0.24 % | ||||
Current Valuation | 15.89 B | ||||
Shares Outstanding | 437.77 M | ||||
Shares Owned By Institutions | 1.61 % | ||||
Number Of Shares Shorted | 44.84 K | ||||
Price To Earning | 52.68 X | ||||
Price To Book | 8.47 X | ||||
Price To Sales | 4.27 X | ||||
Revenue | 3.78 B | ||||
Gross Profit | 1.31 B | ||||
EBITDA | 970.1 M | ||||
Net Income | 512 M | ||||
Cash And Equivalents | 125 M | ||||
Cash Per Share | 0.31 X | ||||
Total Debt | 1.14 B | ||||
Debt To Equity | 0.71 % | ||||
Current Ratio | 1.14 X | ||||
Book Value Per Share | 4.35 X | ||||
Cash Flow From Operations | 607.6 M | ||||
Short Ratio | 1.37 X | ||||
Earnings Per Share | 1.21 X | ||||
Price To Earnings To Growth | 1.60 X | ||||
Target Price | 32.65 | ||||
Number Of Employees | 5.47 K | ||||
Beta | 1.07 | ||||
Market Capitalization | 15.18 B | ||||
Total Asset | 4.48 B | ||||
Retained Earnings | 1.2 B | ||||
Working Capital | 377.8 M | ||||
Current Asset | 535.9 M | ||||
Current Liabilities | 399.8 M | ||||
Five Year Return | 2.27 % | ||||
Net Asset | 4.48 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards James Hardie in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, James Hardie's short interest history, or implied volatility extrapolated from James Hardie options trading.
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Try AI Portfolio ArchitectCheck out James Hardie Piotroski F Score and James Hardie Altman Z Score analysis. Note that the James Hardie Industries information on this page should be used as a complementary analysis to other James Hardie's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for James Stock analysis
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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Is James Hardie's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of James Hardie. If investors know James will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about James Hardie listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.5 | Earnings Share 1.21 | Revenue Per Share 8.736 | Quarterly Revenue Growth 0.137 | Return On Assets 0.1225 |
The market value of James Hardie Industries is measured differently than its book value, which is the value of James that is recorded on the company's balance sheet. Investors also form their own opinion of James Hardie's value that differs from its market value or its book value, called intrinsic value, which is James Hardie's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because James Hardie's market value can be influenced by many factors that don't directly affect James Hardie's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between James Hardie's value and its price as these two are different measures arrived at by different means. Investors typically determine if James Hardie is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, James Hardie's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.