James Hardie Industries PLC
JHX: XASX (AUS)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
A$22.00 | Lmks | Ymrqvgnsl |
James Hardie Earnings: Taking Market Share Through the Cycle
We maintain our AUD 51 fair value estimate for wide-moat James Hardie, with the shares trading at a modest premium. We make only minor adjustments to our near-term forecasts on updated guidance. We now expect flat volumes in fiscal 2024, improved against our prior estimate for a low-single-digit decline.