JHX vs ALLE vs ZWS Stock Comparison

James Hardie Industries, Allegion and Zurn Elkay Water Solutions Prices as of Nov 4, 2026 Peers: Industry group
ALLE Allegion plc
$192.78 +25.4% 1M +16.4% 1Y
Market cap
$15.89B
P/E
23.0x
Revenue (TTM)
$4.39B
Div. yield
0.01%
Building Products Industrials
6 wins

Head to Head

12 decided of 12

Allegion leads on 6 of the 12 questions below (Allegion 6, James Hardie Industries 3, Zurn Elkay Water Solutions 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionJHXALLEZWSLeader
Larger companyMarket capitalisation $16.68B $15.89B $7.31B JHX
Cheaper on earningsLower P/E, profitable companies only 114.5x 23.0x 25.1x ALLE
Cheaper on forward earningsLower price / next fiscal year consensus EPS 21.0x 20.5x 24.2x ALLE
Faster revenue growthRevenue growth, trailing twelve months +42.9% +10.3% +10.1% JHX
More profitableNet margin, trailing twelve months 2.7% 15.7% 15.9% ZWS
Better return on capitalReturn on invested capital 2.6% 18.4% 14.0% ALLE
Less leveragedLower net debt / EBITDA 3.5x 1.5x 0.4x ZWS
Higher dividend yieldTrailing dividend yield 0.00% 0.01% 0.01% ALLE
Better 1-year returnPrice return, last 12 months +47.5% +16.4% -3.6% JHX
Better 5-year returnAnnualised price return, 5 years -6.3%/yr +8.0%/yr +4.8%/yr ALLE
Less volatileAnnualised volatility, 1 year 45.6% 29.9% 30.0% ALLE
Higher overall scoreMean of the five percentile scores vs peers 30/100 54/100 77/100 ZWS

Percentile Scorecard

JHXALLEZWS

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisJHXALLEZWS
Valuation 16 #48 of 57 23 #44 of 57 38 #36 of 57
Growth 43 #31 of 54 60 #22 of 54 98 #2 of 54
Profitability 39 #33 of 53 100 #1 of 53 81 #11 of 53
Financial Health 35 #39 of 59 57 #26 of 59 90 #7 of 59
Shareholder Returns 20 #34 of 42 32 #29 of 42 78 #10 of 42
Overall 30 54 77
  • JHX ranked among 59 companies in Construction Products
  • ALLE ranked among 59 companies in Construction Products
  • ZWS ranked among 59 companies in Construction Products

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodJHXALLEZWSSPY
1 month +17.3%+25.4%-5.8% -1.0%
3 months +4.3%+14.3%-14.3% -0.4%
6 months +38.0%+42.5%-11.6% +4.5%
Year to date +42.4%+21.1%-2.8% +12.4%
1 year +47.5%+16.4%-3.6% +13.6%
3 years +9.9%+89.2%+57.8% +76.4%
3 years, per year +3.2%+23.7%+16.4% +20.8%
5 years -27.9%+46.7%+26.5% +63.7%
5 years, per year -6.3%+8.0%+4.8% +10.4%
10 years +105.9%+202.9%+443.3% +267.7%
10 years, per year +7.5%+11.7%+18.4% +13.9%

Risk

MeasureJHXALLEZWSSPY
Volatility, 1Y 45.6%29.9%30.0% 12.8%
Downside volatility, 1Y 41.4%27.6%29.1% 12.7%
Beta vs S&P 500, 1Y 1.700.430.84 1.00
Return / volatility, 1Y 1.040.55-0.12 1.06
Max drawdown, 5Y -60.3%-34.8%-47.8% -25.4%
From 52-week high -5.0%0.0%-15.0% -1.6%
52-week high $31.09$192.78$53.17 $779.14
52-week low $16.69$125.65$43.46 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleJHXALLEZWS
P/E now vs peer median 117.7xmedian 22.2x 23.7xmedian 22.2x 25.9xmedian 22.2x
P/S now vs peer median 3.2xmedian 1.7x 3.7xmedian 1.7x 4.1xmedian 1.7x
EV/EBITDA now vs peer median 18.7xmedian 13.9x 16.5xmedian 13.9x 15.7xmedian 13.9x
P/FCF now vs peer median 48.1xmedian 18.0x 22.0xmedian 18.0x 19.3xmedian 18.0x
P/B now vs peer median 2.6xmedian 2.8x 7.5xmedian 2.8x 4.4xmedian 2.8x
PEG now vs peer median -2.96median 1.06 2.72median 1.06 0.66median 1.06

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsJHXALLEZWS
Revenue $5.41B $4.39B $1.83B
Gross profit $1.94B $1.98B $920.70M
Operating income $526.70M $944.20M $403.00M
Net income $145.70M $691.10M $290.60M
Free cash flow $356.40M $739.90M $387.00M
R&D $64.00M – –
EPS (diluted) $0.25 $8.11 $1.73
Cash & equivalents $289.90M $388.10M $307.10M
Total debt $4.28B $2.03B $500.30M
Shares (diluted) 584.30M 85.20M 168.11M
Enterprise value $15.75B $14.52B $6.06B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricJHXALLEZWS
P/E 117.7x 23.7x 25.9x
P/FCF 48.1x 22.0x 19.3x
P/Operating cash flow 23.6x 19.3x 18.1x
P/S 3.2x 3.7x 4.1x
P/B 2.6x 7.5x 4.4x
P/Tangible book 5.2x 11.8x 8.7x
EV/EBITDA 18.7x 16.5x 15.7x
EV/EBIT 40.1x 19.0x 19.0x
EV/Revenue 3.9x 4.1x 4.2x
EV/FCF 59.3x 24.2x 19.8x
EV/Operating cash flow 29.1x 21.2x 18.6x
PEG (3Y EPS CAGR) -2.96 2.72 0.66

Growth

14 metrics
MetricJHXALLEZWS
Revenue growth (1Y) 42.9% 10.3% 10.1%
Revenue CAGR (3Y) 13.2% 6.7% 6.5%
Gross profit growth (1Y) 34.4% 10.3% 23.6%
Gross profit CAGR (3Y) 13.0% 8.6% 15.2%
Operating income growth (1Y) -5.8% 13.1% 50.5%
Operating income CAGR (3Y) -11.3% 10.1% 31.2%
Net income growth (1Y) -56.0% 7.9% 51.1%
Net income CAGR (3Y) -34.0% 7.4% 37.0%
EPS growth (1Y) -67.6% 9.6% 53.1%
EPS CAGR (3Y) -39.7% 8.7% 39.2%
Operating cash flow growth (1Y) -11.8% 10.7% 29.5%
Operating cash flow CAGR (3Y) 1.0% 13.8% 13.8%
Free cash flow growth (1Y) 110.4% 8.8% 34.1%
Free cash flow CAGR (3Y) 75.0% 14.7% 14.0%

Profitability

14 metrics
MetricJHXALLEZWS
Gross margin 35.9% 45.1% 50.4%
EBITDA margin 20.9% 24.7% 26.8%
Operating margin 9.7% 21.5% 22.1%
Pretax margin 5.1% 19.4% 21.0%
Net margin 2.7% 15.7% 15.9%
FCF margin 6.6% 16.9% 21.2%
Operating cash flow margin 13.4% 19.2% 22.6%
Return on equity 2.2% 32.2% 17.3%
Return on assets 1.0% 12.8% 10.4%
Return on invested capital 2.6% 18.4% 14.0%
Return on capital employed 4.2% 20.6% 16.2%
Asset turnover 0.4x 0.8x 0.7x
Cash conversion (OCF / net income) 5.0x 1.2x 1.4x
Stock comp / revenue 0.8% – 2.4%

Financial Health

11 metrics
MetricJHXALLEZWS
Debt / assets 31.7% 37.2% 17.8%
Debt / equity 0.7x 0.9x 0.3x
Net debt / EBITDA 3.5x 1.5x 0.4x
Debt / FCF 12.0x 2.7x 1.3x
Liabilities / assets 51.5% 60.3% 39.7%
Equity / assets 48.5% 39.7% 60.3%
Interest coverage 1.8x 9.6x 16.1x
Current ratio 1.6x 1.9x 2.9x
Quick ratio 0.7x 1.1x 1.8x
Cash ratio 0.3x 0.5x 1.0x
Altman Z-score 2.27 5.11 4.89

Shareholder Returns

7 metrics
MetricJHXALLEZWS
Dividend yield – 1.1% 1.0%
Net buyback yield 1.7% 1.7% 2.1%
Shareholder yield 1.7% 2.8% 3.0%
Payout ratio (earnings) – 26.6% 25.3%
Payout ratio (FCF) – 24.9% 19.0%
Dividend growth (1Y) – 6.5% 21.1%
Dividend CAGR (3Y) – 5.9% 14.5%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusJHXALLEZWS
Forward P/E 21.0xFY2026 20.5xFY2026 24.2xFY2026
EPS, next fiscal year $1.41FY2026 $9.41FY2026 $1.87FY2026
EPS growth, next FY +29.4%FY2026 +15.6%FY2026 +23.0%FY2026
EPS growth, the year after +12.8% +2.7% +3.2%
Revenue, next fiscal year $5.13BFY2026 $4.67BFY2026 $1.81BFY2026
Revenue growth, next FY +6.0%FY2026 +14.7%FY2026 +6.6%FY2026
Revenue growth, the year after +15.1% +8.4% +3.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersJHXALLEZWS
Held by institutions 49.9% 100.0% 88.6%
Institutions holding 339 732 438
Change in shares held, QoQ +7.1% +3.0% +0.9%
Institutions buying 189 336 237
Institutions selling 100 273 145
Buyers to sellers 1.89 1.23 1.63

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

JHXALLEZWS
JHX 1.00 0.49 0.46
ALLE 0.49 1.00 0.46
ZWS 0.46 0.46 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, JHX, ALLE and ZWS?

James Hardie Industries (JHX) is the largest by market capitalisation: James Hardie Industries (JHX) $16.68B, Allegion (ALLE) $15.89B, Zurn Elkay Water Solutions (ZWS) $7.31B.

Which stock is cheaper, JHX, ALLE and ZWS?

Allegion (ALLE) trades on the lowest price-to-earnings ratio (James Hardie Industries (JHX) 114.5x, Allegion (ALLE) 23.0x, Zurn Elkay Water Solutions (ZWS) 25.1x). On next year's consensus earnings, Allegion (ALLE) is cheapest (James Hardie Industries (JHX) 21.0x, Allegion (ALLE) 20.5x, Zurn Elkay Water Solutions (ZWS) 24.2x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

James Hardie Industries (JHX) grew revenue fastest over the trailing twelve months: James Hardie Industries (JHX) +42.9%, Allegion (ALLE) +10.3%, Zurn Elkay Water Solutions (ZWS) +10.1%.

Which company is more profitable?

Zurn Elkay Water Solutions (ZWS) has the highest net margin (James Hardie Industries (JHX) 2.7%, Allegion (ALLE) 15.7%, Zurn Elkay Water Solutions (ZWS) 15.9%). On return on invested capital, Allegion (ALLE) leads (James Hardie Industries (JHX) 2.6%, Allegion (ALLE) 18.4%, Zurn Elkay Water Solutions (ZWS) 14.0%).

Which stock has performed better?

Over the past year James Hardie Industries (JHX) returned the most: James Hardie Industries (JHX) +47.5%, Allegion (ALLE) +16.4%, Zurn Elkay Water Solutions (ZWS) -3.6%. Over five years, Allegion (ALLE) compounded fastest (James Hardie Industries (JHX) -6.3%/yr, Allegion (ALLE) +8.0%/yr, Zurn Elkay Water Solutions (ZWS) +4.8%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Allegion (ALLE) has the highest dividend yield: James Hardie Industries (JHX) 0.00%, Allegion (ALLE) 0.01%, Zurn Elkay Water Solutions (ZWS) 0.01%. James Hardie Industries (JHX) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Allegion (ALLE) has been the steadiest (James Hardie Industries (JHX) 45.6%, Allegion (ALLE) 29.9%, Zurn Elkay Water Solutions (ZWS) 30.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, JHX, ALLE and ZWS?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Allegion (ALLE) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.