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:
Below please find a table outlining a discounted cash flow forecast for JHX, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that James Hardie Industries plc ranked in the 26th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. As for the metrics that stood out in our discounted cash flow analysis of James Hardie Industries plc, consider:
86% of the company's capital comes from equity, which is greater than 71.33% 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 64.27% 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 merely 23.14% 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 HHT, AWI, FMC, OR, and URG.
James Hardie Industries (JHX) expects 1Q21 North America Exteriors volume to be in a range of flat to +2% Y/Y, Australia volume to be flat and Europe volume to be in a range of -14% to -11%.The company increased and narrowed its previously outlook for 1Q21 North America Adjusted EBIT margin,...