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 ReportedProjected for Next Year
Return On Equity 0.29  0.30 
Return On Equity is likely to rise to 0.30 in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

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.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

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.
0.920.910.740.870.860.70.94-0.590.960.850.80.810.720.74-0.40.590.96-0.85-0.710.890.760.910.94-0.650.630.75
0.921.00.680.780.880.440.94-0.280.920.890.770.730.730.61-0.580.60.98-0.76-0.590.820.680.910.94-0.610.640.74
0.911.00.680.780.880.430.94-0.250.90.870.760.720.720.6-0.590.580.97-0.75-0.580.810.680.90.94-0.590.630.73
0.740.680.680.710.850.750.78-0.310.660.60.70.950.560.79-0.340.260.72-0.77-0.770.740.670.790.82-0.370.280.64
0.870.780.780.710.820.670.88-0.440.840.560.930.730.570.59-0.230.440.81-0.89-0.820.920.960.740.88-0.520.470.56
0.860.880.880.850.820.680.96-0.220.790.690.810.890.510.7-0.560.360.86-0.84-0.750.840.790.880.96-0.680.390.75
0.70.440.430.750.670.680.61-0.70.580.410.550.840.330.85-0.040.250.55-0.73-0.740.660.610.640.68-0.450.250.49
0.940.940.940.780.880.960.61-0.320.880.760.850.80.60.62-0.570.450.93-0.84-0.720.880.820.870.96-0.740.490.79
-0.59-0.28-0.25-0.31-0.44-0.22-0.7-0.32-0.53-0.39-0.28-0.42-0.4-0.58-0.15-0.4-0.420.390.37-0.4-0.32-0.38-0.360.25-0.43-0.3
0.960.920.90.660.840.790.580.88-0.530.90.830.740.840.65-0.360.690.97-0.83-0.70.860.680.910.9-0.570.730.7
0.850.890.870.60.560.690.410.76-0.390.90.590.690.840.65-0.40.640.92-0.67-0.530.710.370.910.78-0.540.690.72
0.80.770.760.70.930.810.550.85-0.280.830.590.70.660.45-0.330.430.8-0.86-0.850.850.870.730.85-0.50.460.56
0.810.730.720.950.730.890.840.8-0.420.740.690.70.590.89-0.290.360.78-0.82-0.810.780.630.870.87-0.490.370.69
0.720.730.720.560.570.510.330.6-0.40.840.840.660.590.52-0.230.650.8-0.54-0.610.60.360.750.67-0.210.690.47
0.740.610.60.790.590.70.850.62-0.580.650.650.450.890.52-0.070.390.67-0.71-0.670.70.480.80.72-0.370.390.56
-0.4-0.58-0.59-0.34-0.23-0.56-0.04-0.57-0.15-0.36-0.4-0.33-0.29-0.23-0.07-0.19-0.50.130.04-0.15-0.25-0.4-0.510.43-0.22-0.44
0.590.60.580.260.440.360.250.45-0.40.690.640.430.360.650.39-0.190.63-0.43-0.260.440.290.670.54-0.220.990.38
0.960.980.970.720.810.860.550.93-0.420.970.920.80.780.80.67-0.50.63-0.8-0.650.850.680.940.95-0.590.670.74
-0.85-0.76-0.75-0.77-0.89-0.84-0.73-0.840.39-0.83-0.67-0.86-0.82-0.54-0.710.13-0.43-0.80.85-0.97-0.82-0.84-0.850.59-0.45-0.66
-0.71-0.59-0.58-0.77-0.82-0.75-0.74-0.720.37-0.7-0.53-0.85-0.81-0.61-0.670.04-0.26-0.650.85-0.84-0.72-0.71-0.730.51-0.28-0.56
0.890.820.810.740.920.840.660.88-0.40.860.710.850.780.60.7-0.150.440.85-0.97-0.840.850.840.86-0.630.480.7
0.760.680.680.670.960.790.610.82-0.320.680.370.870.630.360.48-0.250.290.68-0.82-0.720.850.60.8-0.490.320.48
0.910.910.90.790.740.880.640.87-0.380.910.910.730.870.750.8-0.40.670.94-0.84-0.710.840.60.92-0.590.690.77
0.940.940.940.820.880.960.680.96-0.360.90.780.850.870.670.72-0.510.540.95-0.85-0.730.860.80.92-0.570.560.69
-0.65-0.61-0.59-0.37-0.52-0.68-0.45-0.740.25-0.57-0.54-0.5-0.49-0.21-0.370.43-0.22-0.590.590.51-0.63-0.49-0.59-0.57-0.28-0.83
0.630.640.630.280.470.390.250.49-0.430.730.690.460.370.690.39-0.220.990.67-0.45-0.280.480.320.690.56-0.280.43
0.750.740.730.640.560.750.490.79-0.30.70.720.560.690.470.56-0.440.380.74-0.66-0.560.70.480.770.69-0.830.43
Click cells to compare fundamentals
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

1.95 Billion

At this time, James Hardie's Total Stockholder Equity is fairly stable compared to the past year.
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

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.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether James Hardie Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of James Hardie's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of James Hardie Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on James Hardie Industries Stock:
Check 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.
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Bonds Directory
Find actively traded corporate debentures issued by US companies
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Content Syndication
Quickly integrate customizable finance content to your own investment portal
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
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.