Kansai Paint Co., Ltd. manufactures and sells paints in Japan, India, Asia, Africa, Europe, and internationally.
No risks detected for 4613 from our risk checks.
Kansai Paint Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||JP¥2,874.00|
|52 Week High||JP¥2,522.00|
|52 Week Low||JP¥3,365.00|
|1 Month Change||1.45%|
|3 Month Change||-0.49%|
|1 Year Change||9.70%|
|3 Year Change||37.12%|
|5 Year Change||28.42%|
|Change since IPO||379.00%|
Recent News & Updates
|4613||JP Chemicals||JP Market|
Return vs Industry: 4613 underperformed the JP Chemicals industry which returned 22.2% over the past year.
Return vs Market: 4613 underperformed the JP Market which returned 23.6% over the past year.
Stable Share Price: 4613 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: 4613's weekly volatility (3%) has been stable over the past year.
About the Company
Kansai Paint Co., Ltd. manufactures and sells paints in Japan, India, Asia, Africa, Europe, and internationally. The company offers decorative coatings for protecting exterior and interior of buildings; protective coatings; automotive refinish paints; automotive coatings; industrial coatings that are used in construction machinery, industrial vehicles, steel furniture, external building materials, electronics, and internal coatings and external designs of beverage cans; and marine and protective coatings. It also designs, manufactures, and sells coating equipment; controls and undertakes painting works; and designs color schemes.
Kansai Paint Fundamentals Summary
|4613 fundamental statistics|
Is 4613 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|4613 income statement (TTM)|
|Cost of Revenue||JP¥257.30b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Nov 09, 2021
|Earnings per share (EPS)||90.35|
|Net Profit Margin||6.04%|
How did 4613 perform over the long term?See historical performance and comparison
1.0%Current Dividend Yield
Does 4613 pay a reliable dividends?See 4613 dividend history and benchmarks
|Kansai Paint dividend dates|
|Ex Dividend Date||Sep 29 2021|
|Dividend Pay Date||Dec 02 2021|
|Days until Ex dividend||5 days|
|Days until Dividend pay date||69 days|
Does 4613 pay a reliable dividends?See 4613 dividend history and benchmarks
Is Kansai Paint undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 4613 (¥2874) is trading below our estimate of fair value (¥3925.69)
Significantly Below Fair Value: 4613 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 4613 is poor value based on its PE Ratio (31.8x) compared to the JP Chemicals industry average (12.6x).
PE vs Market: 4613 is poor value based on its PE Ratio (31.8x) compared to the JP market (14.7x).
Price to Earnings Growth Ratio
PEG Ratio: 4613 is poor value based on its PEG Ratio (2.2x)
Price to Book Ratio
PB vs Industry: 4613 is overvalued based on its PB Ratio (2.5x) compared to the JP Chemicals industry average (0.8x).
How is Kansai Paint forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 4613's forecast earnings growth (14.2% per year) is above the savings rate (0%).
Earnings vs Market: 4613's earnings (14.2% per year) are forecast to grow faster than the JP market (10.3% per year).
High Growth Earnings: 4613's earnings are forecast to grow, but not significantly.
Revenue vs Market: 4613's revenue (4.1% per year) is forecast to grow slower than the JP market (4.8% per year).
High Growth Revenue: 4613's revenue (4.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 4613's Return on Equity is forecast to be low in 3 years time (9.8%).
How has Kansai Paint performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 4613 has high quality earnings.
Growing Profit Margin: 4613's current net profit margins (6%) are higher than last year (4.3%).
Past Earnings Growth Analysis
Earnings Trend: 4613's earnings have declined by 11.5% per year over the past 5 years.
Accelerating Growth: 4613's earnings growth over the past year (41%) exceeds its 5-year average (-11.5% per year).
Earnings vs Industry: 4613 earnings growth over the past year (41%) exceeded the Chemicals industry 31.2%.
Return on Equity
High ROE: 4613's Return on Equity (8%) is considered low.
How is Kansai Paint's financial position?
Financial Position Analysis
Short Term Liabilities: 4613's short term assets (¥302.2B) exceed its short term liabilities (¥216.7B).
Long Term Liabilities: 4613's short term assets (¥302.2B) exceed its long term liabilities (¥52.1B).
Debt to Equity History and Analysis
Debt Level: 4613's debt to equity ratio (34%) is considered satisfactory.
Reducing Debt: 4613's debt to equity ratio has reduced from 46.9% to 34% over the past 5 years.
Debt Coverage: 4613's debt is well covered by operating cash flow (36.3%).
Interest Coverage: 4613 earns more interest than it pays, so coverage of interest payments is not a concern.
What is Kansai Paint current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 4613's dividend (1.04%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.31%).
High Dividend: 4613's dividend (1.04%) is low compared to the top 25% of dividend payers in the JP market (3.01%).
Stability and Growth of Payments
Stable Dividend: 4613's dividends per share have been stable in the past 10 years.
Growing Dividend: 4613's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (33.2%), 4613's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Kunishi Mori serves as President and Representative Director at Kansai Paint Co., Ltd., since April 1, 2019 and served as Senior Managing Executive Officer, COO and General Manager of Coatings Business...
Experienced Management: 4613's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.
Experienced Board: 4613's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Kansai Paint Co., Ltd.'s employee growth, exchange listings and data sources
- Name: Kansai Paint Co., Ltd.
- Ticker: 4613
- Exchange: TSE
- Founded: 1918
- Industry: Specialty Chemicals
- Sector: Materials
- Market Cap: JP¥738.615b
- Shares outstanding: 257.00m
- Website: https://www.kansai.co.jp
Number of Employees
- Kansai Paint Co., Ltd.
- 6-14, Imabashi 2-chome
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/23 08:02|
|End of Day Share Price||2021/09/22 00:00|
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.