James Hardie Industries Stock Probability Of Bankruptcy

JHX Stock

USD 36.15 0.98 2.79%

James Hardie's odds of distress is below 1% at this time. The company is very unlikely to encounter any financial crunch in the next two years. Probability of bankruptcy shows the probability of financial torment over the next two years of operations under current economic and market conditions. All items used in analyzing the odds of distress are taken from the James balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out James Hardie Piotroski F Score and James Hardie Altman Z Score analysis.

Market Cap is likely to rise to about 7.3 B in 2024. Enterprise Value is likely to rise to about 7.9 B in 2024

James Hardie Industries Company probability of bankruptcy Analysis

James Hardie's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.

Probability Of Bankruptcy

Normalized

Z-Score

More About Probability Of Bankruptcy | All Equity Analysis

Current James Hardie Probability Of Bankruptcy

Less than 1%

Most of James Hardie's fundamental indicators, such as Probability Of Bankruptcy, 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.

Our calculation of James Hardie probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting James Hardie odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of James Hardie Industries financial health.

Is Construction Materials space 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

(0.44)

Earnings Share

1.01

Revenue Per Share

9.068

Quarterly Revenue Growth

(0.04)

Return On Assets

0.1209

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.

James Probability Of Bankruptcy 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 Probability Of Bankruptcy. 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.

	Total Assets	Total Stockholder Equity	Retained Earnings	Accounts Payable	Long Term Debt	Good Will	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Current Deferred Revenue	Net Debt	Net Receivables	Short Term Investments	Total Current Assets	Short Term Debt	Treasury Stock	Net Tangible Assets	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Long Term Debt Total	Capital Surpluse	Net Invested Capital	Net Working Capital	Capital Stock	Cash And Equivalents
Total Assets		0.76	0.75	0.78	0.85	0.91	0.86	0.91	-0.38	0.75	0.66	0.73	0.95	0.49	0.88	-0.35	0.36	0.79	-0.84	-0.77	-0.21	0.7	0.87	0.9	-0.26	0.06	0.66
Total Stockholder Equity	0.76		1.0	0.85	0.59	0.87	0.43	0.83	-0.22	0.92	0.76	0.57	0.72	0.75	0.64	-0.45	0.6	0.98	-0.76	-0.59	-0.35	0.68	0.91	0.95	-0.17	-0.48	0.74
Retained Earnings	0.75	1.0		0.84	0.58	0.87	0.41	0.83	-0.2	0.91	0.74	0.57	0.71	0.74	0.63	-0.47	0.6	0.97	-0.75	-0.57	-0.36	0.68	0.9	0.94	-0.15	-0.47	0.72
Accounts Payable	0.78	0.85	0.84		0.67	0.83	0.63	0.8	-0.43	0.87	0.76	0.66	0.86	0.76	0.71	-0.27	0.5	0.89	-0.81	-0.73	-0.2	0.73	0.86	0.88	-0.12	-0.39	0.73
Long Term Debt	0.85	0.59	0.58	0.67		0.82	0.76	0.84	-0.23	0.6	0.32	0.91	0.79	0.33	0.63	-0.17	0.2	0.61	-0.84	-0.84	0.04	0.9	0.64	0.79	-0.24	0.11	0.43
Good Will	0.91	0.87	0.87	0.83	0.82		0.66	1.0	-0.18	0.78	0.71	0.8	0.88	0.49	0.67	-0.53	0.31	0.86	-0.84	-0.75	-0.33	0.8	0.85	0.94	-0.43	-0.1	0.76
Total Liab	0.86	0.43	0.41	0.63	0.76	0.66		0.67	-0.68	0.57	0.44	0.61	0.83	0.29	0.79	-0.03	0.18	0.53	-0.72	-0.74	0.0	0.62	0.61	0.64	-0.29	0.11	0.49
Intangible Assets	0.91	0.83	0.83	0.8	0.84	1.0	0.67		-0.16	0.73	0.68	0.81	0.87	0.44	0.65	-0.54	0.26	0.82	-0.82	-0.75	-0.32	0.8	0.82	0.92	-0.47	-0.04	0.73
Common Stock	-0.38	-0.22	-0.2	-0.43	-0.23	-0.18	-0.68	-0.16		-0.47	-0.23	-0.08	-0.38	-0.36	-0.5	-0.28	-0.28	-0.37	0.34	0.34	-0.01	-0.3	-0.3	-0.31	0.05	0.41	-0.27
Property Plant Equipment	0.75	0.92	0.91	0.87	0.6	0.78	0.57	0.73	-0.47		0.71	0.6	0.73	0.85	0.69	-0.21	0.69	0.97	-0.83	-0.7	-0.18	0.68	0.91	0.91	-0.07	-0.57	0.7
Current Deferred Revenue	0.66	0.76	0.74	0.76	0.32	0.71	0.44	0.68	-0.23	0.71		0.36	0.75	0.63	0.64	-0.34	0.36	0.77	-0.63	-0.54	-0.24	0.31	0.82	0.68	-0.34	-0.26	0.76
Net Debt	0.73	0.57	0.57	0.66	0.91	0.8	0.61	0.81	-0.08	0.6	0.36		0.74	0.41	0.43	-0.28	0.12	0.6	-0.79	-0.87	-0.03	0.81	0.59	0.75	-0.29	0.06	0.43
Net Receivables	0.95	0.72	0.71	0.86	0.79	0.88	0.83	0.87	-0.38	0.73	0.75	0.74		0.56	0.85	-0.28	0.29	0.77	-0.82	-0.82	-0.17	0.65	0.85	0.85	-0.27	0.05	0.71
Short Term Investments	0.49	0.75	0.74	0.76	0.33	0.49	0.29	0.44	-0.36	0.85	0.63	0.41	0.56		0.56	-0.09	0.69	0.81	-0.54	-0.59	-0.16	0.37	0.76	0.69	0.24	-0.57	0.47
Total Current Assets	0.88	0.64	0.63	0.71	0.63	0.67	0.79	0.65	-0.5	0.69	0.64	0.43	0.85	0.56		-0.06	0.52	0.7	-0.72	-0.65	-0.01	0.47	0.84	0.73	0.02	0.01	0.56
Short Term Debt	-0.35	-0.45	-0.47	-0.27	-0.17	-0.53	-0.03	-0.54	-0.28	-0.21	-0.34	-0.28	-0.28	-0.09	-0.06		-0.04	-0.37	0.07	0.01	0.85	-0.18	-0.3	-0.43	0.3	-0.08	-0.36
Treasury Stock	0.36	0.6	0.6	0.5	0.2	0.31	0.18	0.26	-0.28	0.69	0.36	0.12	0.29	0.69	0.52	-0.04		0.63	-0.43	-0.26	-0.13	0.29	0.67	0.54	0.45	-0.54	0.38
Net Tangible Assets	0.79	0.98	0.97	0.89	0.61	0.86	0.53	0.82	-0.37	0.97	0.77	0.6	0.77	0.81	0.7	-0.37	0.63		-0.8	-0.65	-0.31	0.68	0.94	0.96	-0.14	-0.5	0.74
Deferred Long Term Liab	-0.84	-0.76	-0.75	-0.81	-0.84	-0.84	-0.72	-0.82	0.34	-0.83	-0.63	-0.79	-0.82	-0.54	-0.72	0.07	-0.43	-0.8		0.85	-0.15	-0.82	-0.84	-0.85	0.26	0.22	-0.66
Long Term Investments	-0.77	-0.59	-0.57	-0.73	-0.84	-0.75	-0.74	-0.75	0.34	-0.7	-0.54	-0.87	-0.82	-0.59	-0.65	0.01	-0.26	-0.65	0.85		-0.17	-0.72	-0.71	-0.73	0.29	0.06	-0.56
Short Long Term Debt	-0.21	-0.35	-0.36	-0.2	0.04	-0.33	0.0	-0.32	-0.01	-0.18	-0.24	-0.03	-0.17	-0.16	-0.01	0.85	-0.13	-0.31	-0.15	-0.17		-0.01	-0.19	-0.32	0.13	0.09	-0.25
Long Term Debt Total	0.7	0.68	0.68	0.73	0.9	0.8	0.62	0.8	-0.3	0.68	0.31	0.81	0.65	0.37	0.47	-0.18	0.29	0.68	-0.82	-0.72	-0.01		0.6	0.8	-0.26	-0.26	0.48
Capital Surpluse	0.87	0.91	0.9	0.86	0.64	0.85	0.61	0.82	-0.3	0.91	0.82	0.59	0.85	0.76	0.84	-0.3	0.67	0.94	-0.84	-0.71	-0.19	0.6		0.92	-0.1	-0.28	0.77
Net Invested Capital	0.9	0.95	0.94	0.88	0.79	0.94	0.64	0.92	-0.31	0.91	0.68	0.75	0.85	0.69	0.73	-0.43	0.54	0.96	-0.85	-0.73	-0.32	0.8	0.92		-0.19	-0.3	0.7
Net Working Capital	-0.26	-0.17	-0.15	-0.12	-0.24	-0.43	-0.29	-0.47	0.05	-0.07	-0.34	-0.29	-0.27	0.24	0.02	0.3	0.45	-0.14	0.26	0.29	0.13	-0.26	-0.1	-0.19		-0.07	-0.51
Capital Stock	0.06	-0.48	-0.47	-0.39	0.11	-0.1	0.11	-0.04	0.41	-0.57	-0.26	0.06	0.05	-0.57	0.01	-0.08	-0.54	-0.5	0.22	0.06	0.09	-0.26	-0.28	-0.3	-0.07		-0.31
Cash And Equivalents	0.66	0.74	0.72	0.73	0.43	0.76	0.49	0.73	-0.27	0.7	0.76	0.43	0.71	0.47	0.56	-0.36	0.38	0.74	-0.66	-0.56	-0.25	0.48	0.77	0.7	-0.51	-0.31

Click cells to compare fundamentals

The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.

Competition

Predict James Hardie

Based on the latest financial disclosure, James Hardie Industries has a Probability Of Bankruptcy of 1.0%. This is 97.74% lower than that of the Construction Materials sector and 97.61% lower than that of the Materials industry. The probability of bankruptcy for all United States stocks is 97.49% higher than that of the company.

James Probability Of Bankruptcy 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 Probability Of Bankruptcy 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 probability of bankruptcy category among its peers.

James Hardie Main Bankruptcy Drivers

	2019	2020	2021	2022	2023	2024 (projected)
Return On Assets	0.0621	0.0567	0.0599	0.0643	0.11	0.1
Net Debt	1.3B	714.1M	830.5M	1.0B	836M	431.6M
Total Current Liabilities	404.6M	901.1M	769.9M	697.3M	797.7M	446.3M
Non Current Liabilities Total	2.6B	2.1B	2.1B	2.2B	2.3B	1.9B
Total Assets	4.0B	4.1B	4.2B	4.5B	4.9B	2.6B
Total Current Assets	908M	943.6M	1.1B	1.1B	1.4B	735.6M
Total Cash From Operating Activities	451.2M	786.9M	757.2M	607.6M	914.2M	959.9M

James Hardie ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, James Hardie's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to James Hardie's managers, analysts, and investors.

Environmental

Governance

Social

James Fundamentals

	Return On Equity	0.23
	Return On Asset	0.12
	Profit Margin	0.11 %
	Operating Margin	0.22 %
	Current Valuation	16.61 B
	Shares Outstanding	429.44 M
	Shares Owned By Institutions	1.89 %
	Number Of Shares Shorted	66.51 K
	Price To Earning	52.68 X
	Price To Book	7.85 X
	Price To Sales	3.98 X
	Revenue	3.94 B
	Gross Profit	1.31 B
	EBITDA	976.2 M
	Net Income	510.2 M
	Cash And Equivalents	125 M
	Cash Per Share	0.31 X
	Total Debt	1.2 B
	Debt To Equity	0.71 %
	Current Ratio	1.14 X
	Book Value Per Share	4.60 X
	Cash Flow From Operations	914.2 M
	Short Ratio	0.71 X
	Earnings Per Share	1.01 X
	Price To Earnings To Growth	2.53 X
	Target Price	31.73
	Number Of Employees	5.68 K
	Beta	1.17
	Market Capitalization	15.67 B
	Total Asset	4.91 B
	Retained Earnings	1.45 B
	Working Capital	630.7 M
	Current Asset	535.9 M
	Current Liabilities	399.8 M
	Five Year Return	2.27 %
	Net Asset	4.91 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

F	Ford Motor
GM	General Motors
MSFT	Microsoft

Additional 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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

James Hardie Industries Stock Probability Of Bankruptcy

James Hardie Industries Company probability of bankruptcy Analysis

Probability Of Bankruptcy

Normalized

Z-Score

Current James Hardie Probability Of Bankruptcy

James Probability Of Bankruptcy Driver Correlations

James Probability Of Bankruptcy Peer Comparison

James Hardie Main Bankruptcy Drivers

James Hardie ESG Sustainability

James Fundamentals

About James Hardie Fundamental Analysis

Also Currently Popular

Additional Tools for James Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY