James Hardie Industries PLC

JHX: XASX (AUS)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	A$22.00	Nnvt	Gcvgfqgrqy

Transferring Coverage of James Hardie; FVE Maintained at AUD 34.20

Johannes Faul

Sep 22, 2021

We maintain our AUD 34.20 per share (USD 25.00 per share) fair value estimate on James Hardie, following a transition in covering analyst. Also unchanged are its narrow economic moat, medium uncertainty, and Exemplary capital allocation rating. At current prices, shares screen as materially overvalued.

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