Johnson Controls International plc (JCI) vs Masco Corporation (MAS)

Johnson Controls International plc and Masco Corporation are both Building Products & Equipment companies. Johnson Controls International plc is the larger, with a market value of $79.6B against $16.2B — 4.9× the size. Masco Corporation trades at the lower P/E: 18.1× against 28.2×. Johnson Controls International plc grew revenue faster over the last twelve months: 8.77% against 0.95%. Masco Corporation has the higher net margin (12.1% vs 11.1%) and the higher return on invested capital (35.2% vs 10.4%). Both pay a dividend; Masco Corporation yields more (1.90% vs 1.21%). Across the 22 metrics below, Masco Corporation leads on 18 and Johnson Controls International plc on 4.

Valuation

Metric JCI MAS Building Products & Equipment median
P/E 28.18 18.13 23.33
P/S 3.11 2.14 2.09
P/B 2,283.64 n/m 2.85
Price to free cash flow 23.46 15.53 18.42
EV/EBITDA 23.55 13.86 13.29
EV/Sales 3.45 2.48 2.28
Earnings yield 3.55% 5.52% 3.04%
Free cash flow yield 4.26% 6.44% 4.26%

Profitability

Metric JCI MAS Building Products & Equipment median
Gross margin 37.07% 37.55% 31.88%
Operating margin 14.39% 17.92% 7.18%
Net margin 11.12% 12.05% 4.11%
Free cash flow margin 13.27% 13.78% 6.41%
Return on equity 43.93% (8,034.78%) 5.95%
Return on assets 7.30% 17.35% 3.90%
Return on invested capital 10.35% 35.17% 5.54%

Growth

Metric JCI MAS Building Products & Equipment median
Revenue growth (TTM) 8.77% 0.95% 6.27%
EPS growth (last fiscal year) (6.84%) 2.66% (28.29%)
Revenue growth, 5-year CAGR 1.63% 1.02% 4.81%
Net income growth, 5-year CAGR 11.75% (7.79%) 0.00%

Health

Metric JCI MAS Building Products & Equipment median
Debt to equity 0.68 (16.81) 0.55
Current ratio 0.90 1.83 1.83
Net debt to EBITDA 1.99 1.65 1.45

Dividend

Metric JCI MAS Building Products & Equipment median
Dividend yield 1.21% 1.90% 1.37%
Payout ratio 0.34 0.34 0.28

Size

Metric JCI MAS Building Products & Equipment median
Market cap 79.63b 16.16b 3.22b

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