How to buy James Hardie Industries shares | JHX historical share price and analysis

How to buy James Hardie Industries shares

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James Hardie Industries plc is a building materials business based in Australia. James Hardie Industries shares (JHX) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. James Hardie Industries has a trailing 12-month revenue of around $2.8 billion.

How to buy shares in James Hardie Industries

  1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  3. Search for James Hardie Industries. Find the share by name or ticker symbol: JHX. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until James Hardie Industries reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
  6. Check in on your investment. Congratulations, you own a part of James Hardie Industries. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

James Hardie Industries share price

Use our graph to track the performance of JHX stocks over time.

James Hardie Industries shares at a glance

Information last updated 2021-03-26.
52-week range$16.5602 - $42.8992
50-day moving average $38.6827
200-day moving average $36.8587
Target price$14.98
PE ratio 103.5526
Dividend yield $0 (0%)
Earnings per share (TTM) $0.38

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
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Is it a good time to buy James Hardie Industries stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

James Hardie Industries price performance over time

Historical closes compared with the last close of A$36.51

1 month (2021-03-18) -4.57%

Is James Hardie Industries under- or over-valued?

Valuing James Hardie Industries stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of James Hardie Industries's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

James Hardie Industries's P/E ratio

James Hardie Industries's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 104x. In other words, James Hardie Industries shares trade at around 104x recent earnings.

That's relatively high compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

James Hardie Industries's PEG ratio

James Hardie Industries's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.21. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into James Hardie Industries's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

James Hardie Industries's EBITDA

James Hardie Industries's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $713.2 million (£0.0 million).

The EBITDA is a measure of a James Hardie Industries's overall financial performance and is widely used to measure a its profitability.

James Hardie Industries financials

Revenue TTM $2.8 billion
Operating margin TTM 20.84%
Gross profit TTM $936.5 million
Return on assets TTM 8.42%
Return on equity TTM 14.64%
Profit margin 6.17%
Book value 2.877
Market capitalisation $17.5 billion

TTM: trailing 12 months

James Hardie Industries's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like James Hardie Industries.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

James Hardie Industries's total ESG risk score

Total ESG risk: 31.75

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and James Hardie Industries's overall score of 31.75 (as at 12/31/2018) is pretty weak – landing it in it in the 63rd percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like James Hardie Industries is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

James Hardie Industries's environmental score

Environmental score: 21.21/100

James Hardie Industries's environmental score of 21.21 puts it squarely in the 3rd percentile of companies rated in the same sector. This could suggest that James Hardie Industries is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

James Hardie Industries's social score

Social score: 5.6/100

James Hardie Industries's social score of 5.6 puts it squarely in the 3rd percentile of companies rated in the same sector. This could suggest that James Hardie Industries is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

James Hardie Industries's governance score

Governance score: 7.94/100

James Hardie Industries's governance score puts it squarely in the 3rd percentile of companies rated in the same sector. That could suggest that James Hardie Industries is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

James Hardie Industries's controversy score

Controversy score: 2/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. James Hardie Industries scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that James Hardie Industries has, for the most part, managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

James Hardie Industries plc was last rated for ESG on: 2019-01-01.

Total ESG score 31.75
Total ESG percentile 62.7
Environmental score 21.21
Environmental score percentile 3
Social score 5.6
Social score percentile 3
Governance score 7.94
Governance score percentile 3
Level of controversy 2

James Hardie Industries share dividends

76%

Dividend payout ratio: 76.09% of net profits

Recently James Hardie Industries has paid out, on average, around 76.09% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.52% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), James Hardie Industries shareholders could enjoy a 2.52% return on their shares, in the form of dividend payments. In James Hardie Industries's case, that would currently equate to about A$0 per share.

James Hardie Industries's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

The latest dividend was paid out to all shareholders who bought their shares by 17 February 2021 (the "ex-dividend date").

Have James Hardie Industries's shares ever split?

James Hardie Industries's shares were split on 7 January 1990.

James Hardie Industries share price volatility

Over the last 12 months, James Hardie Industries's shares have ranged in value from as little as $16.5602 up to $42.8992. A popular way to gauge a stock's volatility is its "beta".

JHX.AU volatility(beta: 0.99)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while James Hardie Industries's is 0.9892. This would suggest that James Hardie Industries's shares are less volatile than average (for this exchange).

James Hardie Industries overview

James Hardie Industries plc, together with its subsidiaries, manufactures and sells fiber cement siding and backer board products primarily in the United States, Canada, Australia, New Zealand, the Philippines, and Europe. It operates through North America Fiber Cement, Asia Pacific Fiber Cement, Europe Building Products, and Research and Development segments. The company offers fiber cement interior linings, exterior siding products, and related accessories; and fiber cement building materials for a range of applications, including external siding, internal walls, floors, ceilings, soffits, trim, fencing, and decking. It also provides planks, which are used for external siding; flat panels that are used for internal and external wall linings; floor underlayments; fiber gypsum and cement-bonded boards for interior applications, such as dry lining walls, walls in timber frame buildings, and flooring solutions; and cement-bonded boards for use in exterior and industrial applications, and fire protection. The company's products are use in various markets comprising new residential construction, manufactured housing, repair and remodeling, and commercial and industrial applications. It markets its fiber cement products and systems under various brands that include HardiePlank, HardiePanel, HardieTrim, and HardieBacker boards; and Hardieflex, HardieEdge, HardieFire, HardieBreak, and HardieSmart Boundary, as well as other brands, which comprise Aspyre Collection by James Hardie, Artisan, and Reveal; and Stria, Axon, ExoTec, Scyon, Ritek, Fermacell, and AESTUVER. The company was founded in 1888 and is headquartered in Dublin, Ireland.

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