James Hardie Industries plc (JHA) - Net Assets
Based on the latest financial reports, James Hardie Industries plc (JHA) has net assets worth €6.40 Billion EUR as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€13.80 Billion) and total liabilities (€7.41 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €6.40 Billion |
| % of Total Assets | 46.34% |
| Annual Growth Rate | N/A |
| 5-Year Change | 103.76% |
| 10-Year Change | N/A |
| Growth Volatility | 7.98 |
James Hardie Industries plc - Net Assets Trend (2017–2025)
This chart illustrates how James Hardie Industries plc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for James Hardie Industries plc (2017–2025)
The table below shows the annual net assets of James Hardie Industries plc from 2017 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | €2.16 Billion | +16.28% |
| 2024-03-31 | €1.86 Billion | +15.36% |
| 2023-03-31 | €1.61 Billion | +20.89% |
| 2022-03-31 | €1.33 Billion | +25.65% |
| 2021-03-31 | €1.06 Billion | +2.46% |
| 2020-03-31 | €1.04 Billion | +6.25% |
| 2019-03-31 | €974.40 Million | +539.91% |
| 2018-03-31 | €-221.50 Million | -4.38% |
| 2017-03-31 | €-212.20 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to James Hardie Industries plc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 233860000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €1.73 Billion | 79.84% |
| Other Components | €435.80 Million | 20.16% |
| Total Equity | €2.16 Billion | 100.00% |
James Hardie Industries plc Competitors by Market Cap
The table below lists competitors of James Hardie Industries plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nova Measuring Instruments Ltd
F:NMR
|
$11.26 Billion |
|
Vodafone Idea Limited
NSE:IDEA
|
$11.26 Billion |
|
China Southern Airlines Co Ltd Class A
SHG:600029
|
$11.26 Billion |
|
Daiwa Securities Group Inc
F:DSE
|
$11.28 Billion |
|
Rakuten Group Inc
F:RAK
|
$11.25 Billion |
|
Societatea Nationala de Gaze Naturale Romgaz SA
RO:SNG
|
$11.24 Billion |
|
YANGTZE OPT.FIB.AND CAB.H
F:1YO
|
$11.24 Billion |
|
Plaza S.A
SN:MALLPLAZA
|
$11.23 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in James Hardie Industries plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,858,900,000 to 2,161,500,000, a change of 302,600,000 (16.3%).
- Net income of 424,000,000 contributed positively to equity growth.
- Share repurchases of 149,900,000 reduced equity.
- Other factors increased equity by 28,500,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €424.00 Million | +19.62% |
| Share Repurchases | €149.90 Million | -6.93% |
| Other Changes | €28.50 Million | +1.32% |
| Total Change | €- | 16.28% |
Book Value vs Market Value Analysis
This analysis compares James Hardie Industries plc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.30x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-03-31 | €-0.48 | €16.60 | x |
| 2018-03-31 | €-0.50 | €16.60 | x |
| 2019-03-31 | €2.20 | €16.60 | x |
| 2020-03-31 | €2.34 | €16.60 | x |
| 2021-03-31 | €2.39 | €16.60 | x |
| 2022-03-31 | €2.99 | €16.60 | x |
| 2023-03-31 | €3.65 | €16.60 | x |
| 2024-03-31 | €4.29 | €16.60 | x |
| 2025-03-31 | €5.03 | €16.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently James Hardie Industries plc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 19.62%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.93%
- • Asset Turnover: 0.74x
- • Equity Multiplier: 2.42x
- Recent ROE (19.62%) is below the historical average (20.54%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 0.00% | 14.39% | 0.95x | 0.00x | €297.72 Million |
| 2018 | 0.00% | 7.11% | 0.87x | 0.00x | €168.25 Million |
| 2019 | 23.48% | 9.13% | 0.62x | 4.14x | €131.36 Million |
| 2020 | 23.33% | 9.26% | 0.65x | 3.89x | €137.97 Million |
| 2021 | 24.77% | 9.03% | 0.71x | 3.85x | €156.72 Million |
| 2022 | 34.44% | 12.70% | 0.85x | 3.18x | €325.81 Million |
| 2023 | 31.77% | 13.56% | 0.84x | 2.78x | €350.86 Million |
| 2024 | 27.45% | 12.96% | 0.80x | 2.64x | €324.31 Million |
| 2025 | 19.62% | 10.93% | 0.74x | 2.42x | €207.85 Million |
Industry Comparison
This section compares James Hardie Industries plc's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $354,337,187,136
- Average return on equity (ROE) among peers: 8.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| James Hardie Industries plc (JHA) | €6.40 Billion | 0.00% | 1.16x | $11.25 Billion |
| PT Semen Baturaja (Persero) Tbk (15B) | $3.41 Trillion | 4.30% | 0.48x | $46.45 Million |
| Asia Cement (China) Holdings Corporation (4OJ) | $10.11 Billion | 7.82% | 0.98x | $404.25 Million |
| TECNOGLASS INC. DL-0001 (7FH) | $244.70 Million | 27.85% | 1.42x | $1.70 Billion |
| ROCCA SA ZY -05 (82J) | $1.66 Million | -14.09% | 0.85x | $5.96 Million |
| HERIGE S.A. IN.EO 150 (8YW) | $123.86 Million | 15.44% | 2.60x | $54.70 Million |
| BBMG Corporation (9BM) | $69.92 Billion | 4.06% | 2.32x | $202.34 Million |
| Eco Buildings Group plc (9ZL0) | $-334.14K | 0.00% | 0.00x | $13.95 Million |
| GCC S.A.B. DE C.V. (AK4) | $1.95 Billion | 16.68% | 0.54x | $2.96 Billion |
| China Resources Cement Holdings Limited (C44) | $37.90 Billion | 21.05% | 0.60x | $1.18 Billion |
| CEMEX.CPO(2SHS A+1SHS B) (CEXB) | $10.27 Billion | 0.00% | 1.59x | $116.33 |
About James Hardie Industries plc
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. It operates in three segments: North America Fiber Cement, Asia Pacific Fiber Cement, and Europe Building Products. The company offers fiber cement interior linings, exterior siding products, and related accessories. Its … Read more