James Hardie is a manufacturer of fiber cement-based building products, selling primarily to the residential construction industry. North America is the primary geography, generating about 80% of group earnings.
It is a $15.0B materials company. Revenue grew 42.9% over the last year, it keeps 3¢ of every dollar of sales as profit, and its net debt equals ~11.8 years of free cash flow. It trades at 103.8× earnings.
- Website
- jameshardie.com
- Location
- Dublin 2
- Employees
- 7 500
- Sector
- Basic Materials
Skills
Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.
Valuation, Growth, Profitability and Health lag behind.
Valuation49
- P/E vs own history53th pct · 12/25
- FCF yield2.4% · 5/25
- P/S2.8x · 20/25
- EV/EBITDA17.1x · 12/25
Growth37
- Revenue CAGR7.5% · 12/25
- Net income CAGR-31.0% · 0/25
- EPS CAGR ~5Y-34.4% · 0/25
- Fwd implied growth446.1% · 25/25
Profitability28
- ROIC1.0% · 5/25
- ROE2.3% · 5/25
- Net margin2.7% · 6/25
- Operating margin9.5% · 12/25
Health36
- Altman Z1.72 · 10/25
- Current ratio1.59 · 18/25
- Interest coverage1.9x · 3/25
- Net cash / debtD/A 31% · 5/25
Quality67
- Piotroski F3/9 · 5/25
- Beneish M-2.10 · 12/25
- FCF conversion246% · 25/25
- Margin stabilityσ 3.9% · 25/25
Moat70
- ROIC >12% years4/5 yrs · 20/25
- Median gross margin36.3% · 13/25
- FCF-positive years5/5 yrs · 25/25
- Worst-year net marginworst 2.2% · 12/25
Experience
The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.
- FY2023FinancialBest year on record$512M net income
- FY2022FinancialProfitable every year on record5 consecutive profitable years in our data
- FY2022FinancialRevenue already above $1B$3.61B in first reported year
- FY2022FinancialPositive free cash flow every year since5-year streak
Achievements
Verifiable track record, straight from the reported numbers.
Strengths & watch-outs
What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.
Strengths
- Revenue growing 42.9% year over year
Watch-outs
- Altman Z-Score 1.72 — elevated financial-distress risk
- Net debt would take ~11.8 years of free cash flow to repay
- Thin interest coverage (1.9×)
- Net debt equals ~11.8 years of free cash flow
Qualifications
The basics a company should meet before you research it further. Each check uses the reported numbers.
- Revenue growing — the company sells more than a year ago+42.9% YoY
- Profitable — makes more than it spends$146M TTM
- Profit growing — earnings are higher than last year-45.0% YoY
- Generates cash — cash left after running and investing$359M TTM
- Debt under control — could handle its obligations~11.8y of cash flow to repay
- Established company — not a micro-cap — lower blow-up risk$15.0B market cap
- Not printing shares — share count not ballooning — you keep your slice+22.5% shares over ~5y
- Proven track record — years of profitability behind it5/5 profitable years
- Financially stable — balance sheet not near distressAltman Z 1.7 — distress
- Pays a dividend — returns cash to shareholdersyield 2.07%
- Valuation not extreme — price not wildly above earningsP/E 103.8
Peer comparisonJames Hardie Industries plc vs 6 largest basic materials peers — cap, P/E, growth and margin side by sideOpen ▾Close ▴
| Company | Market cap | P/E | Revenue growth | Net margin | Profile |
|---|---|---|---|---|---|
| JHX this company | $15.0B | 103.8 | +42.9% | 2.7% | Mixed |
| LIN Linde plc Ordinary Share | $228.6B | 31.4 | +6.6% | 20.4% | Solid |
| SCCO Southern Copper Corporation | $169.6B | 29.1 | +32.8% | 35.9% | Strong |
| NEM Newmont Corporation | $124.3B | 14.1 | +25.2% | 33.4% | Strong |
| FCX Freeport-McMoran Inc. | $99.5B | 33.9 | +0.2% | 11.4% | Strong |
| AEM Agnico Eagle Mines Ltd. | $95.5B | 15.4 | +50.3% | 40.4% | Strong |
| B Barrick Mining Corporation | $67.0B | 9.8 | +9.2% | 31.6% | Strong |
Head-to-head: JHX vs LIN · JHX vs SCCO · JHX vs NEM
References
What covering analysts publish about the company — information only, not a recommendation.
Appendix · Financial records
The full statements behind this CV, FY2022–FY2026. For readers who want to check the numbers.
Live data and quarterly detail: stockcv.com/JHX
Want the live picture — intraday moves, valuation history and full analysis?
Deeper analysis of JHX on PreMarketPriceFigures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $25.82 · market cap $15.0B.