Johnson Controls International plc
Exchange: NYSESector: Basic MaterialsIndustry: Building Products & Equipment
Johnson Controls, a global technology leader in energy efficiency, decarbonization, thermal management and mission-critical performance, helps customers use energy more productively, reduce carbon emissions, and operate with the precision and resilience required in rapidly expanding industries such as data centers, healthcare, pharmaceuticals, advanced manufacturing, and higher education. For more than 140 years, Johnson Controls has delivered performance where it really matters. Backed by advanced technology, lifecycle services and an industry-leading field organization, we elevate customer performance, turn goals into real-world results and help move society forward.
Did you know?
Free cash flow has been growing at 7.7% annually.
Current Price
$144.40
-0.47%GoodMoat Value
$102.06
29.3% overvaluedProfile
Valuation (TTM)
Market Cap$88.25B
P/E25.99
EV$90.60B
P/B6.83
Shares Out611.14M
P/Sales3.68
Revenue$23.97B
EV/EBITDA19.98
Johnson Controls International plc (JCI) Stock Analysis
GoodMoat Analysis
Johnson Controls appears to be a high-quality business with a moderate competitive moat, but it is currently priced at a significant premium to its estimated intrinsic value. The stock fails the valuation gate of the GoodMoat framework, indicating an unfavourable risk/reward profile for a value investor. Further investigation should focus on whether a more attractive entry price emerges.
Read full analysis
Johnson Controls International (JCI) is a global leader in building products and technology, providing integrated solutions for heating, ventilation, air conditioning (HVAC), fire and security systems, and building automation. Applying the GoodMoat framework, the company likely possesses a moat through a combination of switching costs (its mission-critical, integrated systems are expensive to replace), niche dominance in building management, and strategic partnerships. However, a precise Moat Score cannot be calculated without deeper qualitative analysis, though its industry position suggests it may meet the ≥5 threshold to proceed. The business shows signs of quality with a strong ROE of 26.3%, exceeding the 15-20% benchmark, and moderate revenue growth of 6.8% YoY. The primary concern is valuation. At a price of $137.48, the stock trades at a P/E of 24.7x and carries a GoodMoat Target of $102.06. This implies the current price is approximately 35% above the estimated fair value, placing it in the 'Unfavourable' band (<10% Margin of Safety) per the framework's valuation assessment. Consequently, while the business may pass the initial Moat & Quality Gate (Step 1), it decisively fails the Valuation & Risk Gate (Step 2). The low FCF Yield of 1.2% further supports the view that the price is full. For a value investor, this signals that the company is not worth investigating further at its current market price, though it may warrant monitoring for a more substantial margin of safety.
Market Cap$88.25B
Current Price$144.40
P/E Ratio25.99
Forward P/E—
PEG Ratio0.71
EPS$5.03
Book Value$21.15
P/B Ratio6.83
JCI Financial Charts
FCF vs CAPEX
FCFCAPEX
Forward estimates use 7.7% FCF growth (CAGR)
Cash vs Debt
Net Debt: 9.5B
Revenue
24.0B
FY19
22.3B
FY20
23.7B
FY21
20.6B
FY22
22.3B
FY23
23.0B
FY24
23.6B
FY25
Net Income
5.7B
FY19
631M
FY20
1.6B
FY21
1.5B
FY22
1.8B
FY23
1.7B
FY24
3.3B
FY25
JCI 52-Week Range
$87.61
$146.03
50-Day MA: $137.68200-Day MA: $119.50
Did you know?
Free cash flow has been growing at 7.7% annually.
Johnson Controls International plc (JCI) Financial Summary
Johnson Controls International plc (JCI) is a Basic Materials company in the Building Products & Equipment industry, listed on NYSE. The stock currently trades at $144.40 with a market capitalization of $88.25B.
Key valuation metrics include a P/E ratio of 25.99, price-to-book ratio of 6.83, and EPS of $5.03. The company reports a profit margin of 14.2% and return on equity of 26.3%.
JCI Key Financial Metrics
| Metric | Value |
|---|---|
| Market Cap | $88.25B |
| P/E Ratio | 25.99 |
| EPS | $5.03 |
| P/B Ratio | 6.83 |
| P/S Ratio | 3.68 |
| EV/EBITDA | 19.98 |
| Dividend Yield | 1.11% |
| Profit Margin | 14.2% |
| Return on Equity | 26.3% |
| Debt/Equity | 0.76 |
JCI Revenue & Earnings History
| Year | Revenue | Net Income |
|---|---|---|
| FY19 | $23.97B | $5.67B |
| FY20 | $22.32B | $631.00M |
| FY21 | $23.67B | $1.64B |
| FY22 | $20.64B | $1.53B |
| FY23 | $22.33B | $1.85B |
| FY24 | $22.95B | $1.71B |
| FY25 | $23.60B | $3.29B |
Johnson Controls International plc (JCI) Valuation
Based on GoodMoat's DCF model, Johnson Controls International plc has a fair value estimate of $102.06. At the current price of $144.40, the stock appears 41.5% overvalued relative to our intrinsic value estimate.
JCI Quality Indicators
Johnson Controls International plc maintains a profit margin of 14.2% and an operating margin of 9.7%. Return on equity stands at 26.3%. The current ratio is 0.93. Debt-to-equity ratio is 0.76.
About Johnson Controls International plc
Johnson Controls, a global technology leader in energy efficiency, decarbonization, thermal management and mission-critical performance, helps customers use energy more productively, reduce carbon emissions, and operate with the precision and resilience required in rapidly expanding industries such as data centers, healthcare, pharmaceuticals, advanced manufacturing, and higher education. For more than 140 years, Johnson Controls has delivered performance where it really matters. Backed by advanced technology, lifecycle services and an industry-leading field organization, we elevate customer performance, turn goals into real-world results and help move society forward.
JCI Free Cash Flow
Johnson Controls International plc generated $1.00B in trailing twelve-month free cash flow, representing an FCF yield of 1.14%. This low FCF yield may reflect heavy reinvestment or growth spending.
JCI Shares Outstanding
Johnson Controls International plc has 0.61 billion shares outstanding at a share price of $144.40, giving it a market capitalization of $88.25B.
JCI Recent Insider Trades
Recent insider transactions at Johnson Controls International plc include:
| Insider | Type | Shares | Value |
|---|---|---|---|
| MCCONEGHY DANIEL C (VP Chief Accounting & Tax Ofcr) | SELL | 3,600 | $513216.00 |
| Grabowski Todd M (VP and President, Americas) | SELL | 5,000 | $673750.00 |
| Vergnano Mark | BUY | 7,665 | $1.01M |