Projected Income Statement: James Hardie Industries plc

Forecast Balance Sheet: James Hardie Industries plc

Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Net Debt 1 752 946 758 557 4,266 3,811 3,140 2,436
Change - 25.8% -19.87% -26.52% 665.89% -10.66% -17.61% -22.42%
Announcement Date 16/05/22 15/05/23 20/05/24 20/05/25 19/05/26 - - -
1USD in Million
Estimates

Cash Flow Forecast: James Hardie Industries plc

Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
CAPEX 1 257.8 591.3 449.3 422.2 383.9 375.3 399.3 405.3
Change - 129.36% -24.01% -6.03% -9.07% -2.24% 6.4% 1.48%
Free Cash Flow (FCF) 1 499.4 16.3 464.9 380.6 206 574.9 757.5 859.5
Change - -96.74% 2,752.15% -18.13% -45.87% 179.06% 31.77% 13.46%
Announcement Date 16/05/22 15/05/23 20/05/24 20/05/25 19/05/26 - - -
1USD in Million
Estimates

Forecast Financial Ratios: James Hardie Industries plc

Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029

Profitability

        
EBITDA Margin (%) 27.04% 25.22% 28.6% 27.84% 26.18% 27.6% 29.1% 29.96%
EBIT Margin (%) 22.56% 20.65% 23.9% 22.26% 15.97% 20.77% 22.26% 23.03%
EBT Margin (%) 17.79% 19.15% 19.18% 16.64% 4.27% 11.93% 17.7% 19.66%
Net margin (%) 12.7% 13.56% 12.96% 10.93% 2.15% 10.36% 13.22% 14.64%
FCF margin (%) 13.82% 0.43% 11.81% 9.82% 4.26% 10.69% 13.06% 13.6%
FCF / Net Income (%) 108.78% 3.18% 91.12% 89.76% 198.08% 103.12% 98.8% 92.9%

Profitability

        
ROA 14.9% 13.88% 15.07% 8.36% 6.3% 5.73% 6.95% 7.99%
ROE 51.86% 41.13% 40.77% 32.05% 13.87% 9.67% 11.2% 12.07%

Financial Health

        
Leverage (Debt/EBITDA) 0.77x 0.99x 0.67x 0.52x 3.37x 2.57x 1.86x 1.29x
Debt / Free cash flow 1.51x 58.04x 1.63x 1.46x 20.71x 6.63x 4.15x 2.83x

Capital Intensity

        
CAPEX / Current Assets (%) 7.13% 15.65% 11.41% 10.89% 7.94% 6.98% 6.89% 6.41%
CAPEX / EBITDA (%) 26.38% 62.09% 39.91% 39.11% 30.33% 25.28% 23.67% 21.4%
CAPEX / FCF (%) 51.62% 3,627.61% 96.64% 110.93% 186.36% 65.29% 52.72% 47.15%

Items per share

        
Cash flow per share 1 1.698 0.3651 2.08 1.858 1.081 1.482 1.722 2.01
Change - -78.5% 469.6% -10.66% -41.8% 37.06% 16.18% 16.76%
Dividend per Share 1 0.7 - - - - - 0.0849 0.1146
Change - - - - - - - 34.98%
Book Value Per Share 1 2.993 3.645 4.285 5.029 11.08 12.03 13.26 14.62
Change - 21.79% 17.56% 17.35% 120.34% 8.52% 10.24% 10.25%
EPS 1 1.03 1.15 1.16 0.98 0.19 1.012 1.35 1.609
Change - 11.65% 0.87% -15.52% -80.61% 432.69% 33.42% 19.16%
Nbr of stocks (in thousands) 4,45,349 4,42,056 4,33,785 4,29,819 5,80,171 5,80,337 5,80,337 5,80,337
Announcement Date 16/05/22 15/05/23 20/05/24 20/05/25 19/05/26 - - -
1USD
Estimates
2027 *2028 *
P/E Ratio 23.4x 17.5x
PBR 1.97x 1.79x
EV / Sales 3.26x 2.91x
Yield - 0.36%

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
18
Last Close Price
23.68USD
Average target price
24.74USD
Spread / Average Target
+4.46%

Quarterly revenue - Rate of surprise

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  4. Financials James Hardie Industries plc
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