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4612

Nippon Paint HoldingsTSE:4612 Stock Report

Market Cap

JP¥3.0t

7D

-10.4%

1Y

-42.9%

Updated

25 Sep, 2021

Data

Company Financials +
4612 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth3/6
Past Performance5/6
Financial Health3/6
Dividends0/6

4612 Overview

Nippon Paint Holdings Co., Ltd. engages in the paint and fine chemicals businesses.

Nippon Paint Holdings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Nippon Paint Holdings
Historical stock prices
Current Share PriceJP¥1,263.00
52 Week HighJP¥1,263.00
52 Week LowJP¥2,796.00
Beta0.85
1 Month Change-6.10%
3 Month Change-20.77%
1 Year Change-42.90%
3 Year Change48.94%
5 Year Change88.51%
Change since IPO689.38%

Recent News & Updates

Shareholder Returns

4612JP ChemicalsJP Market
7D-10.4%-3.0%-0.5%
1Y-42.9%22.1%25.7%

Return vs Industry: 4612 underperformed the JP Chemicals industry which returned 22.1% over the past year.

Return vs Market: 4612 underperformed the JP Market which returned 25.7% over the past year.

Price Volatility

Is 4612's price volatile compared to industry and market?
4612 volatility
4612 Beta0.85
Industry Beta0.95
Market Beta1

Stable Share Price: 4612 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 4612's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
188127,318n/ahttps://www.nipponpaint-holdings.com

Nippon Paint Holdings Co., Ltd. engages in the paint and fine chemicals businesses. The company offers automotive coatings, including paints for use in bumpers and plastic components; trade-use paints for homes, buildings, and bridges; and industrial coatings that are used in a range of products, including construction and farming machinery, exterior building materials, office equipment, and household electrical appliances. It also provides marine coatings, such as antifouling paints for fuel-saving; and paints for automobiles refinish, DIY, and road surface markings.

Nippon Paint Holdings Fundamentals Summary

How do Nippon Paint Holdings's earnings and revenue compare to its market cap?
4612 fundamental statistics
Market CapJP¥2.97t
Earnings (TTM)JP¥61.49b
Revenue (TTM)JP¥933.37b

48.2x

P/E Ratio

3.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
4612 income statement (TTM)
RevenueJP¥933.37b
Cost of RevenueJP¥558.53b
Gross ProfitJP¥374.84b
ExpensesJP¥313.35b
EarningsJP¥61.49b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)26.19
Gross Margin40.16%
Net Profit Margin6.59%
Debt/Equity Ratio59.1%

How did 4612 perform over the long term?

See historical performance and comparison

Dividends

0.7%

Current Dividend Yield

27%

Payout Ratio

Does 4612 pay a reliable dividends?

See 4612 dividend history and benchmarks
When do you need to buy 4612 by to receive an upcoming dividend?
Nippon Paint Holdings dividend dates
Ex Dividend DateDec 29 2021
Dividend Pay DateMar 29 2022
Days until Ex dividend95 days
Days until Dividend pay date185 days

Does 4612 pay a reliable dividends?

See 4612 dividend history and benchmarks

Valuation

Is Nippon Paint Holdings undervalued compared to its fair value and its price relative to the market?

48.23x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 4612 (¥1263) is trading above our estimate of fair value (¥1049.73)

Significantly Below Fair Value: 4612 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 4612 is poor value based on its PE Ratio (48.2x) compared to the JP Chemicals industry average (12.9x).

PE vs Market: 4612 is poor value based on its PE Ratio (48.2x) compared to the JP market (15x).


Price to Earnings Growth Ratio

PEG Ratio: 4612 is poor value based on its PEG Ratio (2.9x)


Price to Book Ratio

PB vs Industry: 4612 is overvalued based on its PB Ratio (3.2x) compared to the JP Chemicals industry average (0.9x).


Future Growth

How is Nippon Paint Holdings forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

16.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 4612's forecast earnings growth (16.6% per year) is above the savings rate (0%).

Earnings vs Market: 4612's earnings (16.6% per year) are forecast to grow faster than the JP market (10.3% per year).

High Growth Earnings: 4612's earnings are forecast to grow, but not significantly.

Revenue vs Market: 4612's revenue (6.2% per year) is forecast to grow faster than the JP market (4.8% per year).

High Growth Revenue: 4612's revenue (6.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 4612's Return on Equity is forecast to be low in 3 years time (11.4%).


Past Performance

How has Nippon Paint Holdings performed over the past 5 years?

6.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 4612 has high quality earnings.

Growing Profit Margin: 4612's current net profit margins (6.6%) are higher than last year (4.5%).


Past Earnings Growth Analysis

Earnings Trend: 4612's earnings have grown by 6.5% per year over the past 5 years.

Accelerating Growth: 4612's earnings growth over the past year (88.2%) exceeds its 5-year average (6.5% per year).

Earnings vs Industry: 4612 earnings growth over the past year (88.2%) exceeded the Chemicals industry 31.2%.


Return on Equity

High ROE: 4612's Return on Equity (8.2%) is considered low.


Financial Health

How is Nippon Paint Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 4612's short term assets (¥610.6B) exceed its short term liabilities (¥381.3B).

Long Term Liabilities: 4612's short term assets (¥610.6B) exceed its long term liabilities (¥609.6B).


Debt to Equity History and Analysis

Debt Level: 4612's debt to equity ratio (59.1%) is considered high.

Reducing Debt: 4612's debt to equity ratio has increased from 3.6% to 59.1% over the past 5 years.

Debt Coverage: 4612's debt is not well covered by operating cash flow (17.2%).

Interest Coverage: 4612 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Nippon Paint Holdings's current dividend yield, its reliability and sustainability?

0.71%

Current Dividend Yield


Upcoming Dividend Payment

TodaySep 25 2021Ex Dividend DateDec 29 2021Dividend Pay DateMar 29 202290 days from Ex DividendBuy in the next 95 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: 4612's dividend (0.71%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.28%).

High Dividend: 4612's dividend (0.71%) is low compared to the top 25% of dividend payers in the JP market (2.96%).


Stability and Growth of Payments

Stable Dividend: 4612 is not paying a notable dividend for the JP market, therefore no need to check if payments are stable.

Growing Dividend: 4612 is not paying a notable dividend for the JP market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: 4612 is not paying a notable dividend for the JP market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 4612's dividend in 3 years as they are not forecast to pay a notable one for the JP market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.9yrs

Average management tenure


CEO

Nippon Paint Holdings has no CEO, or we have no data on them.


Leadership Team

Experienced Management: 4612's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.


Board Members

Experienced Board: 4612's board of directors are considered experienced (3.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 46.4%.


Top Shareholders

Company Information

Nippon Paint Holdings Co., Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Nippon Paint Holdings Co., Ltd.
  • Ticker: 4612
  • Exchange: TSE
  • Founded: 1881
  • Industry: Specialty Chemicals
  • Sector: Materials
  • Market Cap: JP¥2.966t
  • Shares outstanding: 2.35b
  • Website: https://www.nipponpaint-holdings.com

Number of Employees


Location

  • Nippon Paint Holdings Co., Ltd.
  • 2-1-2 Oyodo Kita
  • Kita-ku
  • Osaka
  • 531-8511
  • Japan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/25 08:03
End of Day Share Price2021/09/24 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.