- Nippon Paint’s second-quarter operating income reached 69.74 billion yen, which is a 35% increase compared to the previous year and surpasses the estimated 67.22 billion yen.
- The net income for the quarter was 50.46 billion yen, marking a 40% rise year-over-year and exceeding the estimate of 46.53 billion yen.
- Net sales for the same period were 446.70 billion yen, reflecting a 3.2% increase from the previous year but falling short of the estimated 470.68 billion yen.
- For the full year, Nippon Paint maintains its forecast for operating income at 244.00 billion yen, below the estimated 252.25 billion yen.
- The company expects the net income for the full year to be 162.00 billion yen, compared to the estimated 171.34 billion yen.
- Nippon Paint projects its full-year net sales to be 1.82 trillion yen, just under the anticipated 1.83 trillion yen.
- The company plans to maintain its dividend at 16.00 yen, matching the estimate.
- Investment sentiment surrounding Nippon Paint includes 5 buy ratings, 6 hold ratings, and 1 sell rating.
A look at Nippon Paint Holdings Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| 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
With a mixed bag of Smartkarma Smart Scores for Nippon Paint Holdings, the company shows potential for growth and momentum in the long term. While the Value and Dividend scores sit at a moderate level, the Growth and Momentum scores soar, indicating a positive outlook for the company’s expansion and market performance. Nippon Paint Holdings is set to capitalize on its strong growth potential and maintain momentum in the market, showcasing resilience amidst market fluctuations.
Nippon Paint Holdings, known for producing paints for various industries including automobiles, ships, and fine chemicals, stands out with a promising Growth score and strong Momentum score. This suggests a favorable long-term trajectory for the company, underpinned by its strategic positioning and growth opportunities. Investors may find Nippon Paint Holdings attractive for its growth prospects and market momentum, aligning with its solid reputation and diverse product offerings.
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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