- Nippon Paint has increased its full-year operating income forecast to 244 billion yen, surpassing the previous forecast of 198 billion yen and the market estimate of 223.38 billion yen.
- The company now expects a net income of 162 billion yen, which exceeds both the earlier forecast of 134 billion yen and analysts’ expectations of 154.09 billion yen.
- Net sales are projected to reach 1.82 trillion yen, an improvement from the previously anticipated 1.74 trillion yen and higher than the estimated 1.77 trillion yen.
- Market analysts provide 4 buy recommendations, 7 hold recommendations, and no sell recommendations for Nippon Paint.
A look at Nippon Paint Holdings Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Investors looking at Nippon Paint Holdings may find its long-term outlook promising, as indicated by its Smartkarma Smart Scores. With a high score of 5 for Momentum, the company seems to be gaining traction in the market. Additionally, a strong score of 4 for Growth suggests potential for future expansion and innovation. However, Nippon Paint Holdings may need to work on improving its Value score which stands at 3, indicating room for improvement in terms of valuation. Dividend and Resilience scores are moderate at 2, reflecting average performance in these areas. Overall, the company’s focus on producing paints for various industries along with fine chemicals positions it well for continued growth and development.
Despite facing some challenges in terms of valuation and dividend performance, Nippon Paint Holdings is showing strength in momentum and growth, which bodes well for its future prospects. The company’s diversified product portfolio, including paints for automobiles, ships, and industrial use, along with fine chemicals like finishing agents and adhesives, provides a solid foundation for long-term success. Investors may want to keep an eye on how Nippon Paint Holdings leverages its positive momentum and growth trajectory to overcome any weaknesses in valuation and dividends. Overall, the company’s strategic focus and market positioning suggest a promising outlook for the future.
Summary: NIPPON PAINT HOLDINGS CO., LTD. produces paints for automobiles, ships, and other industrial paints. The Company also manufactures fine chemicals such as finishing agents and adhesives.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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