James Hardie has sold its fiber gypsum business to Holcim for EUR 840 million, or USD 980 million. The cash proceeds will be used to pay down debt, which ballooned to pay for the Azek acquisition. It also intends to shut down the European fiber cement business. The share price is unchanged.
James Hardie’s US segment continues to take market share from lower-cost alternative siding materials, such as vinyl and wood, despite higher prices and a downturn in residential spending.
High interest rates are likely to dampen demand for new housing.
|
Metric
|
JHX
|
FBU
|
BSL
|
|---|---|---|---|
Price/Earnings (Normalized) | 26.20 | 30.40 | 17.97 |
Price/Book Value | 2.70 | 1.06 | 1.36 |
Price/Sales | 3.28 | 0.70 | 0.85 |
Price/Cash Flow | 21.42 | 5.88 | 8.20 |
|
Metric
|
JHX
|
FBU
|
BSL
|
|---|---|---|---|
Quick Ratio | 0.71 | 0.58 | 0.92 |
Current Ratio | 1.59 | 1.42 | 1.92 |
Interest Coverage | 2.08 | 2.13 | 13.33 |
|
Metric
|
JHX
|
FBU
|
BSL
|
|---|---|---|---|
Return on Assets (Normalized) | 3.36% | 2.94% | 5.32% |
Return on Equity (Normalized) | 7.43% | 6.07% | 8.04% |
Return on Invested Capital (Normalized) | 6.39% | 3.50% | 7.23% |
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1-Day Chart
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Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| CRH PLC
CRH
| LOCK|x%Y%^?D | LOCK|?>kl | $63B | |||
| Holcim Ltd ADR
HCMLY
| — | LOCK|nsm$ | $51B | |||
| Holcim Ltd
HCMLF
| LOCK|R<gv<pP | LOCK|@%$@ | $51B | |||
| Martin Marietta Materials Inc
MLM
| LOCK|J!Z@?@WP | LOCK|S#^Z | $37B | |||
| Heidelberg Materials AG ADR
HDLMY
| LOCK|NxL?%VL | LOCK|<JSf> | $34B | |||
| Heidelberg Materials AG
HLBZF
| LOCK|L>&GkB | LOCK|RxX# | $34B | |||
| Vulcan Materials Co
VMC
| LOCK|QjtFx^V | LOCK|$Vs^N | $34B | |||
| Amrize Ltd Registered Share
AMRZ
| LOCK|#%>Qr!C | LOCK|FKvH? | $24B | |||
| James Hardie Industries PLC ADR
JHIUF
| LOCK|@?R?k<?N | LOCK|bV& | $18B |
United States