Nippon Paint Holdings Co., Ltd. (4612) Stock Recommendation | Score, Valuation, Technicals & Financial Trend

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Comparison

Company

Score

Quality

Valuation

Financial

Technical

KeePer Technical Laboratory Co., Ltd.

Kansai Paint Co., Ltd.

Fujimi, Inc.

Aica Kogyo Co., Ltd.

Nihon Parkerizing Co., Ltd.

ZEON Corp.

Nippon Paint Holdings Co., Ltd.

C. Uyemura & Co., Ltd.

artience Co. Ltd.

LINTEC Corp.

Sekisui Chemical Co., Ltd.

Why is Nippon Paint Holdings Co., Ltd. ?

High Debt Company with a Debt to Equity ratio (avg) at times

High Debt Company with a Debt to Equity ratio (avg) at times

Healthy long term growth as Net Sales has grown by an annual rate of 18.60%

Flat results in Dec 25

INTEREST(HY) At JPY 12,976 MM has Grown at 26.34%
DIVIDEND PAYOUT RATIO(Y) Lowest at 41.09%

With ROCE of 7.09%, it has a attractive valuation with a 1.43 Enterprise value to Capital Employed

The stock is trading at a premium compared to its peers' average historical valuations
Over the past year, while the stock has generated a return of -14.31%, its profits have risen by 9.2% ; the PEG ratio of the company is 2.1
At the current price, the company has a high dividend yield of 0.1

Majority shareholders : Non Institution

Below par performance in long term as well as near term

Along with generating -14.31% returns in the last 1 year, the stock has also underperformed Japan Nikkei 225 in the last 3 years, 1 year and 3 months

Real-Time Research Report

Verdict Report

How much should you hold?

Overall Portfolio exposure to Nippon Paint Holdings Co., Ltd. should be less than 10%
Overall Portfolio exposure to Other Industrial Products should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Other Industrial Products)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is Nippon Paint Holdings Co., Ltd. for you?

Low Risk, High Return

Absolute

Risk Adjusted

Volatility

Nippon Paint Holdings Co., Ltd.

-14.31%

77.20

31.97%

Japan Nikkei 225

38.94%

1.38

28.28%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

18.60%

EBIT Growth (5y)

16.96%

EBIT to Interest (avg)

12.01

Debt to EBITDA (avg)

3.57

Net Debt to Equity (avg)

0.75

Sales to Capital Employed (avg)

0.65

Tax Ratio

28.24%

Dividend Payout Ratio

27.67%

Pledged Shares

Institutional Holding

0.00%

ROCE (avg)

6.92%

ROE (avg)

8.05%

Valuation

Valuation Scorecard

Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

1.75

EV to EBIT

20.13

EV to EBITDA

14.91

EV to Capital Employed

1.43

EV to Sales

2.24

PEG Ratio

2.10

Dividend Yield

0.09%

ROCE (Latest)

7.09%

ROE (Latest)

9.10%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bearish

RSI

No Signal

Bollinger Bands

Mildly Bearish

Bearish

Moving Averages

Bearish (Daily)

KST

Bullish

Mildly Bearish

Dow Theory

Mildly Bearish

OBV

Mildly Bearish

Mildly Bullish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

8What is working for the Company

ROCE(HY)

Highest at 10.59%

INTEREST COVERAGE RATIO(Q)

Highest at 1,789.55

RAW MATERIAL COST(Y)

Fallen by -8.24% (YoY

NET PROFIT(9M)

Higher at JPY 142,307.72 MM

CASH AND EQV(HY)

Highest at JPY 773,983 MM

PRE-TAX PROFIT(Q)

Highest at JPY 68,013 MM

-9What is not working for the Company

INTEREST(HY)

At JPY 12,976 MM has Grown at 26.34%

DIVIDEND PAYOUT RATIO(Y)

Lowest at 41.09%

Here's what is working for Nippon Paint Holdings Co., Ltd.

Interest Coverage Ratio

Highest at 1,789.55

in the last five periods

MOJO Watch

The company's ability to manage interest payments is improving

Operating Profit to Interest

Pre-Tax Profit

Highest at JPY 68,013 MM

in the last five periods

MOJO Watch

Near term Pre-Tax Profit trend is positive

Pre-Tax Profit (JPY MM)

Cash and Eqv

Highest at JPY 773,983 MM

in the last six Semi-Annual periods

MOJO Watch

Short Term liquidity is improving

Cash and Cash Equivalents

Net Profit

Higher at JPY 142,307.72 MM

than preceding 12 month period ended Dec 2025

MOJO Watch

In the nine month period the company has already crossed sales of the previous twelve months

Net Profit (JPY MM)

Raw Material Cost

Fallen by -8.24% (YoY)

MOJO Watch

The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin

Raw Material Cost as a percentage of Sales

Depreciation

Highest at JPY 22,226 MM

in the last five periods

MOJO Watch

The expenditure on assets done by the company may have gone into operation

Depreciation (JPY MM)

Depreciation

At JPY 22,226 MM has Grown at 35.02%

period on period (QoQ)

MOJO Watch

The expenditure on assets done by the company has gone into productive use which should positively reflect in the future sales

Depreciation (JPY MM)

Here's what is not working for Nippon Paint Holdings Co., Ltd.

Interest

At JPY 12,976 MM has Grown at 26.34%

over previous Semi-Annual period

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (JPY MM)

Dividend Payout Ratio

Lowest at 41.09%

in the last five years

MOJO Watch

Company is distributing lower proportion of profits generated as dividend

DPR (%)