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How to buy James Hardie Industries (JHX) shares in Australia

Learn how to easily invest in James Hardie Industries shares.

James Hardie Industries 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 in Australian dollars. James Hardie Industries has a trailing 12-month revenue of around $3.9 billion. If you're looking to buy shares, check out the steps below.

How to buy shares in James Hardie Industries

To buy shares listed in Australia such as James Hardie Industries, you'll need to sign up to a broker with access to the ASX. Our table can help you compare share trading platforms and choose. Then follow these steps.

  1. Open and fund your brokerage account.
    Complete an application with your personal and financial details, including your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  2. 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.
  3. 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. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
  4. 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.
  5. Check on your investment.
    Congratulations, you own a part of James Hardie Industries. Optimise your portfolio by tracking how your stock and 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 affect your stock.

James Hardie Industries stock price (ASX:JHX)

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

James Hardie Industries shares at a glance

Information last updated 2024-07-19.
52-week range$38.1 - $63.11
50-day moving average $48.7946
200-day moving average $52.4134
Target price$53.49
PE ratio 31.2384
Dividend yield N/A (0%)
Earnings per share (TTM) $1.72

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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. However, this is not a recommendation. 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$52.28

1 week (2024-07-18) -3.52%
1 month (2024-06-26) 8.69%
3 months (2024-04-26) -4.70%
6 months (2024-01-25) -5.90%
1 year (2023-07-26) 25.46%
2 years (2022-07-26) 51.67%
3 years (2021-07-26) 13.16%
5 years (2019-07-26) 164.31%

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 31x. In other words, James Hardie Industries shares trade at around 31x recent earnings.

That's comparable to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14).

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 1.6297. 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 $1.1 billion (£573 million).

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

James Hardie Industries financials

Revenue TTM $3.9 billion
Operating margin TTM 23.09%
Gross profit TTM $1.3 billion
Return on assets TTM 12.5%
Return on equity TTM 29.4%
Profit margin 12.96%
Book value 4.285
Market capitalisation $23.2 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

We're not expecting James Hardie Industries to pay a dividend over the next 12 months.

Have James Hardie Industries's shares ever split?

James Hardie Industries's shares were split on a 1.125:1 basis on 7 January 1990. So if you had owned 1 share the day before the split, the next day you would own 1.125 shares. This wouldn't directly have changed the overall worth of your James Hardie Industries shares – just the quantity. However, indirectly, the new 11.1% lower share price could have impacted the market appetite for James Hardie Industries shares which in turn could have impacted James Hardie Industries's share price.

James Hardie Industries share price volatility

Over the last 12 months, James Hardie Industries's shares have ranged in value from as little as $38.1 up to $63.11. A popular way to gauge a stock's volatility is its "beta".

JHX.AU volatility(beta: 1.08)Avg. volatility(beta: 1.00)LowHigh

Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while James Hardie Industries's is 1.081. This would suggest that James Hardie Industries's shares are a little bit more volatile than the average for this exchange and represent, relatively speaking, a slightly higher risk (but potentially also market-beating returns).

James Hardie Industries overview

James Hardie Industries plc engages in the manufacture and sale of fiber cement, fiber gypsum, and cement bonded building products for interior and exterior building construction applications primarily in the United States, Australia, Europe, New Zealand, and the Philippines. It operates in three segments: North America Fiber Cement, Asia Pacific Fiber Cement, and Europe Building Products. The company offers fiber cement interior linings, exterior siding products, and related accessories; and various fiber cement products for a range of applications, including external cladding, internal walls, ceilings, floors, soffits, fences, and facades. It also provides fiber gypsum and cement-bonded boards for use in the timber frame construction, dry lining, DIY, and structural fire protection applications. The company's products are used in residential repair and remodel, and commercial and residential new construction markets. James Hardie Industries plc was founded in 1888 and is headquartered in Dublin, Ireland.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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