Why is Nippon Pigment Co., Ltd. ?
1
With a growth in Net Sales of 12.85%, the company declared Outstanding results in Mar 26
- The company has declared positive results for the last 3 consecutive quarters
- OPERATING PROFIT(Q) Highest at JPY 779.24 MM
- PRE-TAX PROFIT(Q) Highest at JPY 683.32 MM
- NET PROFIT(Q) Highest at JPY 539.58 MM
2
With ROCE of 4.82%, it has a attractive valuation with a 0.40 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 71.99%, its profits have fallen by -18.2%
3
Consistent Returns over the last 3 years
- Along with generating 71.99% returns in the last 1 year, the stock has outperformed Japan Nikkei 225 in each of the last 3 annual periods
How much should you buy?
- Overall Portfolio exposure to Nippon Pigment Co., Ltd. should be less than 10%
- Overall Portfolio exposure to Specialty Chemicals should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Specialty Chemicals)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Nippon Pigment Co., Ltd. for you?
Low Risk, High Return
Absolute
Risk Adjusted
Volatility
Nippon Pigment Co., Ltd.
71.59%
3.04
37.31%
Japan Nikkei 225
58.07%
2.05
29.37%
Quality key factors
Factor
Value
Sales Growth (5y)
8.08%
EBIT Growth (5y)
91.44%
EBIT to Interest (avg)
6.91
Debt to EBITDA (avg)
1.32
Net Debt to Equity (avg)
0.12
Sales to Capital Employed (avg)
1.36
Tax Ratio
17.65%
Dividend Payout Ratio
16.24%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
3.79%
ROE (avg)
3.75%
Valuation Key Factors 
Factor
Value
P/E Ratio
11
Industry P/E
Price to Book Value
0.39
EV to EBIT
8.39
EV to EBITDA
5.37
EV to Capital Employed
0.40
EV to Sales
0.21
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
4.82%
ROE (Latest)
3.43%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Bullish
Bullish
OBV
Mildly Bullish
Mildly Bullish
Technical Movement
17What is working for the Company
NET PROFIT(HY)
Higher at JPY 923.55 MM
INTEREST COVERAGE RATIO(Q)
Highest at 2,934.86
RAW MATERIAL COST(Y)
Fallen by -18.34% (YoY
CASH AND EQV(HY)
Highest at JPY 12,670.94 MM
DEBT-EQUITY RATIO
(HY)
Lowest at -6.7 %
DEBTORS TURNOVER RATIO(HY)
Highest at 4.05 times
0What is not working for the Company
NO KEY NEGATIVE TRIGGERS
Here's what is working for Nippon Pigment Co., Ltd.
Net Profit
At JPY 923.55 MM has Grown at 2,545.96%
Year on Year (YoY)MOJO Watch
Net Profit trend is very positive
Net Profit (JPY MM)
Interest Coverage Ratio
Highest at 2,934.86
in the last five periodsMOJO Watch
The company's ability to manage interest payments is improving
Operating Profit to Interest
Net Profit
Higher at JPY 923.55 MM
than preceding 12 month period ended Jun 2026MOJO Watch
In the half year the company has already crossed Net Profit of the previous twelve months
Net Profit (JPY MM)
Cash and Eqv
Highest at JPY 12,670.94 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Debt-Equity Ratio
Lowest at -6.7 %
in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Debtors Turnover Ratio
Highest at 4.05 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Raw Material Cost
Fallen by -18.34% (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






