James Hardie Industries plc American Depositary Shares (Ireland) (JHX) Company Bio
James Hardie Industries plc manufactures and sells fiber cement products and systems for internal and external building construction applications primarily in the United States, Canada, Australia, New Zealand, the Philippines, and Europe. The company was founded in 1888 and is based in Dublin, Ireland.
JHX Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for James Hardie Industries plc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that James Hardie Industries plc ranked in the 22th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 66.17%. As for the metrics that stood out in our discounted cash flow analysis of James Hardie Industries plc, consider:
87% of the company's capital comes from equity, which is greater than 72.59% of stocks in our cash flow based forecasting set.
James Hardie Industries plc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at 6.01. This coverage rate is greater than that of 66.29% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Relative to other stocks in its sector (Basic Materials), James Hardie Industries plc has a reliance on debt greater than only 21.92% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Basic Materials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as JHX, try OR, SCHN, CCCL, HL, and IPI.
James Hardie Industries plc (JHX) Q1 2021 Earnings Conference Call August 10, 2020 19:00 ET Company Participants Jack Truong - Chief Executive Officer Jason Miele - Chief Financial Officer Conference Call Participants Keith Chau - MST Marquee Peter Wilson - Credit Suisse Peter Steyn - Macquarie Andrew Scott - Morgan...