James Hardie Industries plc provides exterior home and outdoor living solutions, serving the new home construction, repair and remodel and outdoor living markets.
The company’s primary geographic markets include the United States of America (‘U.S.,’…
Analysis
Hope premium
James Hardie Industries plc is priced well ahead of what the underlying numbers justify, a pattern we describe as a hope premium.
On valuation, the picture is expensive. The owner-earnings multiple stands at 65.5×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 22% a year, against analyst forecasts of 7%. The market is pricing in far more than analysts expect: heroic expectations.
Growth is solid; the safety picture is fragile. The company scores 10/20 on our value-creation score: creating some value.
No flags apply to this company at this time: accounts, balance sheet, and cash quality all pass. A clean bill of health is meaningful, not just the absence of a warning. This analysis describes numbers; it is not investment advice.
360° rank · history
1007550250
Jan 202319
19
2023202420252026
All-time high
44
Jan 2024
All-time low
1
Feb 2026
Average rank
26
across all years
Detailed & Historical Ranks
Deep dive into 15 detailed ranks and 3 years of history.
Current202520242023
Price/Sales
5
1
1
3
Price/Earnings
7
10
14
9
Price/Book
32
1
1
1
Dividend Yield
1
1
14
1
Value (overall)
1
1
1
1
Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.