APD vs. JHX: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at APD and JHX, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Overview
APD’s market capitalization of 64.95 billion USD is substantially larger than JHX’s 12.37 billion USD, indicating a significant difference in their market valuations.
With betas of 0.87 for APD and 0.88 for JHX, both stocks show similar sensitivity to overall market movements.
JHX is an American Depositary Receipt (ADR), allowing U.S. investors direct exposure to its non-U.S. operations. APD, on the other hand, is a domestic entity.
| Symbol | APD | JHX |
|---|---|---|
| Company Name | Air Products and Chemicals, Inc. | James Hardie Industries plc |
| Country | US | IE |
| Sector | Basic Materials | Basic Materials |
| Industry | Chemicals - Specialty | Construction Materials |
| CEO | Eduardo F. Menezes | Aaron M. Erter |
| Price | 291.84 USD | 28.77 USD |
| Market Cap | 64.95 billion USD | 12.37 billion USD |
| Beta | 0.87 | 0.88 |
| Exchange | NYSE | NYSE |
| IPO Date | March 17, 1980 | October 22, 2001 |
| ADR | No | Yes |
Historical Performance
This chart compares the performance of APD and JHX by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period.
Data is adjusted for dividends and splits.
Profitability
Return on Equity
APD
9.65%
Chemicals - Specialty Industry
- Max
- 34.45%
- Q3
- 15.78%
- Median
- 7.65%
- Q1
- 2.96%
- Min
- -12.04%
APD’s Return on Equity of 9.65% is on par with the norm for the Chemicals - Specialty industry, indicating its profitability relative to shareholder equity is typical for the sector.
JHX
20.74%
Construction Materials Industry
- Max
- 32.32%
- Q3
- 20.74%
- Median
- 15.42%
- Q1
- 12.55%
- Min
- 11.55%
JHX’s Return on Equity of 20.74% is on par with the norm for the Construction Materials industry, indicating its profitability relative to shareholder equity is typical for the sector.
Return on Invested Capital
APD
3.50%
Chemicals - Specialty Industry
- Max
- 20.22%
- Q3
- 10.99%
- Median
- 5.25%
- Q1
- 3.06%
- Min
- -8.62%
APD’s Return on Invested Capital of 3.50% is in line with the norm for the Chemicals - Specialty industry, reflecting a standard level of efficiency in generating profits from its capital base.
JHX
9.68%
Construction Materials Industry
- Max
- 15.45%
- Q3
- 12.02%
- Median
- 9.68%
- Q1
- 7.11%
- Min
- 7.02%
JHX’s Return on Invested Capital of 9.68% is in line with the norm for the Construction Materials industry, reflecting a standard level of efficiency in generating profits from its capital base.
Net Profit Margin
APD
12.76%
Chemicals - Specialty Industry
- Max
- 23.23%
- Q3
- 10.64%
- Median
- 5.14%
- Q1
- 0.64%
- Min
- -8.93%
A Net Profit Margin of 12.76% places APD in the upper quartile for the Chemicals - Specialty industry, signifying strong profitability and more effective cost management than most of its peers.
JHX
10.94%
Construction Materials Industry
- Max
- 20.50%
- Q3
- 16.08%
- Median
- 10.94%
- Q1
- 9.16%
- Min
- 4.73%
JHX’s Net Profit Margin of 10.94% is aligned with the median group of its peers in the Construction Materials industry. This indicates its ability to convert revenue into profit is typical for the sector.
Operating Profit Margin
APD
12.29%
Chemicals - Specialty Industry
- Max
- 26.42%
- Q3
- 15.81%
- Median
- 10.07%
- Q1
- 4.82%
- Min
- -7.44%
APD’s Operating Profit Margin of 12.29% is around the midpoint for the Chemicals - Specialty industry, indicating that its efficiency in managing core business operations is typical for the sector.
JHX
16.92%
Construction Materials Industry
- Max
- 26.51%
- Q3
- 22.33%
- Median
- 18.96%
- Q1
- 12.92%
- Min
- 6.22%
JHX’s Operating Profit Margin of 16.92% is around the midpoint for the Construction Materials industry, indicating that its efficiency in managing core business operations is typical for the sector.
Profitability at a Glance
| Symbol | APD | JHX |
|---|---|---|
| Return on Equity (TTM) | 9.65% | 20.74% |
| Return on Assets (TTM) | 3.94% | 8.11% |
| Return on Invested Capital (TTM) | 3.50% | 9.68% |
| Net Profit Margin (TTM) | 12.76% | 10.94% |
| Operating Profit Margin (TTM) | 12.29% | 16.92% |
| Gross Profit Margin (TTM) | 31.94% | 38.81% |
Financial Strength
Current Ratio
APD
1.00
Chemicals - Specialty Industry
- Max
- 3.95
- Q3
- 2.60
- Median
- 2.04
- Q1
- 1.60
- Min
- 0.77
APD’s Current Ratio of 1.00 falls into the lower quartile for the Chemicals - Specialty industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.
JHX
2.10
Construction Materials Industry
- Max
- 2.94
- Q3
- 2.73
- Median
- 2.25
- Q1
- 1.63
- Min
- 0.87
JHX’s Current Ratio of 2.10 aligns with the median group of the Construction Materials industry, indicating that its short-term liquidity is in line with its sector peers.
Debt-to-Equity Ratio
APD
1.12
Chemicals - Specialty Industry
- Max
- 1.65
- Q3
- 1.10
- Median
- 0.73
- Q1
- 0.55
- Min
- 0.01
APD’s leverage is in the upper quartile of the Chemicals - Specialty industry, with a Debt-to-Equity Ratio of 1.12. While this approach can boost equity growth, it also exposes the company to greater financial vulnerability.
JHX
0.56
Construction Materials Industry
- Max
- 0.88
- Q3
- 0.71
- Median
- 0.53
- Q1
- 0.21
- Min
- 0.01
JHX’s Debt-to-Equity Ratio of 0.56 is typical for the Construction Materials industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.
Interest Coverage Ratio
APD
7.77
Chemicals - Specialty Industry
- Max
- 13.69
- Q3
- 9.06
- Median
- 5.24
- Q1
- 1.68
- Min
- -3.09
APD’s Interest Coverage Ratio of 7.77 is positioned comfortably within the norm for the Chemicals - Specialty industry, indicating a standard and healthy capacity to cover its interest payments.
JHX
29.89
Construction Materials Industry
- Max
- 32.44
- Q3
- 18.11
- Median
- 7.75
- Q1
- 5.31
- Min
- 3.30
JHX’s Interest Coverage Ratio of 29.89 is in the upper quartile for the Construction Materials industry, signifying a strong and healthy capacity to meet its interest payments from operating profits.
Financial Strength at a Glance
| Symbol | APD | JHX |
|---|---|---|
| Current Ratio (TTM) | 1.00 | 2.10 |
| Quick Ratio (TTM) | 0.85 | 1.67 |
| Debt-to-Equity Ratio (TTM) | 1.12 | 0.56 |
| Debt-to-Asset Ratio (TTM) | 0.42 | 0.23 |
| Net Debt-to-EBITDA Ratio (TTM) | 4.19 | 0.76 |
| Interest Coverage Ratio (TTM) | 7.77 | 29.89 |
Growth
The following charts compare key year-over-year (YoY) growth metrics for APD and JHX. These metrics are based on the companies’ annual financial reports.
Revenue Growth
Earnings Per Share (EPS) Growth
Free Cash Flow Growth
Dividend
Dividend Yield
APD
2.44%
Chemicals - Specialty Industry
- Max
- 9.19%
- Q3
- 2.44%
- Median
- 1.46%
- Q1
- 0.25%
- Min
- 0.00%
With a Dividend Yield of 2.44%, APD offers a more attractive income stream than most of its peers in the Chemicals - Specialty industry, signaling a strong commitment to shareholder returns.
JHX
0.00%
Construction Materials Industry
- Max
- 8.35%
- Q3
- 1.57%
- Median
- 0.61%
- Q1
- 0.22%
- Min
- 0.00%
JHX currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.
Dividend Payout Ratio
APD
102.68%
Chemicals - Specialty Industry
- Max
- 163.70%
- Q3
- 57.04%
- Median
- 30.02%
- Q1
- 12.51%
- Min
- 0.00%
APD’s Dividend Payout Ratio of 102.68% is above 100%. This means the company is paying out more in dividends than it earned, a practice that is often unsustainable and could indicate a risk to future dividend stability.
JHX
0.00%
Construction Materials Industry
- Max
- 86.74%
- Q3
- 26.48%
- Median
- 13.85%
- Q1
- 4.99%
- Min
- 0.00%
JHX has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.
Dividend at a Glance
| Symbol | APD | JHX |
|---|---|---|
| Dividend Yield (TTM) | 2.44% | 0.00% |
| Dividend Payout Ratio (TTM) | 102.68% | 0.00% |
Valuation
Price-to-Earnings Ratio
APD
42.39
Chemicals - Specialty Industry
- Max
- 56.68
- Q3
- 33.75
- Median
- 23.45
- Q1
- 16.09
- Min
- 7.50
A P/E Ratio of 42.39 places APD in the upper quartile for the Chemicals - Specialty industry. This high valuation relative to peers suggests the market holds elevated expectations for the company’s future growth.
JHX
29.79
Construction Materials Industry
- Max
- 37.00
- Q3
- 25.95
- Median
- 18.83
- Q1
- 14.75
- Min
- 6.99
A P/E Ratio of 29.79 places JHX in the upper quartile for the Construction Materials industry. This high valuation relative to peers suggests the market holds elevated expectations for the company’s future growth.
Forward P/E to Growth Ratio
APD
6.80
Chemicals - Specialty Industry
- Max
- 6.58
- Q3
- 3.23
- Median
- 1.64
- Q1
- 0.96
- Min
- 0.16
APD’s Forward PEG Ratio of 6.80 is exceptionally high for the Chemicals - Specialty industry. This suggests its stock price is very high relative to its expected earnings growth, signaling significant overvaluation risk.
JHX
2.25
Construction Materials Industry
- Max
- 2.56
- Q3
- 2.21
- Median
- 1.91
- Q1
- 1.46
- Min
- 0.48
The Forward PEG Ratio is often not a primary valuation metric in the Construction Materials industry.
Price-to-Sales Ratio
APD
5.40
Chemicals - Specialty Industry
- Max
- 3.76
- Q3
- 2.31
- Median
- 1.38
- Q1
- 0.89
- Min
- 0.16
With a P/S Ratio of 5.40, APD trades at a valuation that eclipses even the highest in the Chemicals - Specialty industry. This implies the market has priced in exceptionally optimistic scenarios for future revenue growth, posing considerable valuation risk.
JHX
3.19
Construction Materials Industry
- Max
- 5.00
- Q3
- 3.98
- Median
- 2.34
- Q1
- 1.52
- Min
- 0.50
JHX’s P/S Ratio of 3.19 aligns with the market consensus for the Construction Materials industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.
Price-to-Book Ratio
APD
4.42
Chemicals - Specialty Industry
- Max
- 6.73
- Q3
- 3.78
- Median
- 1.56
- Q1
- 1.27
- Min
- 0.35
APD’s P/B Ratio of 4.42 is in the upper tier for the Chemicals - Specialty industry. This indicates that investors are paying a premium relative to the company’s net assets, a valuation that hinges on its ability to generate superior profits.
JHX
5.84
Construction Materials Industry
- Max
- 5.60
- Q3
- 4.69
- Median
- 3.33
- Q1
- 1.80
- Min
- 0.76
At 5.84, JHX’s P/B Ratio is at an extreme premium to the Construction Materials industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.
Valuation at a Glance
| Symbol | APD | JHX |
|---|---|---|
| Price-to-Earnings Ratio (P/E, TTM) | 42.39 | 29.79 |
| Forward PEG Ratio (TTM) | 6.80 | 2.25 |
| Price-to-Sales Ratio (P/S, TTM) | 5.40 | 3.19 |
| Price-to-Book Ratio (P/B, TTM) | 4.42 | 5.84 |
| Price-to-Free Cash Flow Ratio (P/FCF, TTM) | -14.99 | 33.04 |
| EV-to-EBITDA (TTM) | 22.33 | 15.40 |
| EV-to-Sales (TTM) | 6.65 | 3.36 |