Obermatt

Kansai Nerolac Paints

NSI:KANSAINER · INE531A01024
ChemicalsMedium

360

68
EV / EBIT34
Price / Owner Earnings11
Owner Earnings Yield71
Dividend Yield67
Price/Sales21
EV / Gross Profit55
Price/Book20
Return on Capital74
Cash Return on Capital84
Return on Equity69
EBIT Margin68
Gross Profitability92
Cash Conversion31
Owner Earnings Margin84
Sales growth40
Profit Growth57
Long-Term EPS Growth81
Reinvestment96
Price momentum18
Debt load92
Refinancing19
Debt Payback100
Liquidity95
Analyst ratings23
Opinion Changes95
Price Target Upside46
Market mood77
Value Creation7/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Kansai Nerolac Paints clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Based on 3/5 components.

Profile

CountryJapan
IndustryChemicals
SizeMedium
TypePublic Company
ExchangeBSE
Founded1920
Employees3,014
ISININE531A01024
Last UpdateApr 2, 2026
Themes
Packaging ServicesChemical

Description

Kansai Nerolac Paints Limited manufactures paints and coatings. Business Segments The company operates through segments: decorative paints, industrial coatings, and automotive coatings. Decorative Paints This segment represents a significant port…

Analysis

Quality compounder

Kansai Nerolac Paints Limited earns the quality_compounder label: good underlying economics priced fairly, with no obvious bargain or excess.

On valuation, the picture is expensive. The owner-earnings multiple stands at 26.6×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 10% a year, against analyst forecasts of 8%. The price, in other words, assumes less than the experts do.

Growth is moderate; the safety picture is sturdy. The company scores 7/20 on our value-creation score: creating some value.

No flags apply to this company at this time: accounts, balance sheet, and cash quality all pass. A clean bill of health is meaningful, not just the absence of a warning. This analysis describes numbers; it is not investment advice.

360° rank · history

1007550250
70
2023202420252026

All-time high

98

Jan 2024

All-time low

28

Mar 2026

Average rank

70

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
21
69
67
55
Price/Earnings
35
56
42
11
Price/Book
20
70
59
47
Dividend Yield
67
59
65
54
Value (overall)
22
73
77
65

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →