Added to YB: 2025-06-11
Pitch date: 2025-06-09
JHX [bullish]
James Hardie Industries plc
-1.21%
current return
Author Info
Directionally Correct Research shares is a generalist hedge fund analyst sharing stock pitches in the small to mid cap space. Sign up for the newsletter.
Company Info
James Hardie Industries plc engages in the manufacture and sale of fiber cement, fiber gypsum, and cement bonded boards in the United States, Australia, Europe, and New Zealand.
Market Cap
AUD 9.8B
Pitch Price
AUD 27.22
Price Target
50.00 (+86%)
Dividend
N/A
EV/EBITDA
11.44
P/E
21.96
EV/Sales
3.17
Sector
Construction Materials
Category
turnaround
James Hardie Industries plc - $JHX
JHX: Long on James Hardie/AZEK merger despite 25% post-deal selloff. At 13.5x PF NTM EBITDA, getting 75% R&R biz w/ HSD-LDD growth, 30%+ margins & FCF for buybacks. Haircut synergies still yield ~$44/sh FY28 (low 20s% IRR). Key risks: 3x leverage, integration challenges, discretionary product exposure.
Read full article (11 min)