NPCPF (Nippon Paint Holdings Co) Debt-to-EBITDA : 3.67 (As of Mar. 2026) — Near Median

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NPCPF Nippon Paint Holdings Co Ltd NPCPF
87 GF Score
Price $6.69
GF Value $8.09
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Nippon Paint Holdings Co Debt-to-EBITDA?

Nippon Paint Holdings Co NPCPF +1.28% 87 Debt-to-EBITDA is 3.67 as of Mar. 2026, which is 2% above its 10-year median of 3.61. GuruFocus rates NPCPF with a GF Score™ of 87/100 and a GF Value™ of $8.09 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,234 Chemicals companies, Nippon Paint Holdings Co ranks worse than 73.91% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Nippon Paint Holdings Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $1,318 Mil. Nippon Paint Holdings Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $7,639 Mil. Nippon Paint Holdings Co's annualized EBITDA for the quarter that ended in Mar. 2026 was $2,441 Mil. Nippon Paint Holdings Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 3.67.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Nippon Paint Holdings Co's Debt-to-EBITDA or its related term are showing as below:

NPCPF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.23   Med: 3.61   Max: 5.27
Current: 4.82

During the past 13 years, the highest Debt-to-EBITDA Ratio of Nippon Paint Holdings Co was 5.27. The lowest was 0.23. And the median was 3.61.

NPCPF's Debt-to-EBITDA is ranked worse than
73.91% of 1234 companies
in the Chemicals industry
Industry Median: 2.155 vs NPCPF: 4.82

Nippon Paint Holdings Co  (OTCPK:NPCPF) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Nippon Paint Holdings Co Debt-to-EBITDA Related Terms


Nippon Paint Holdings Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Nippon Paint Holdings Co's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nippon Paint Holdings Co Debt-to-EBITDA Chart

Nippon Paint Holdings Co Annual Data
Trend Mar16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.14 4.42 3.24 2.23 5.27

Nippon Paint Holdings Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.96 3.96 3.90 20.79 3.67

NPCPF vs LIN, SHW, ECL: Debt-to-EBITDA Comparison

For the Specialty Chemicals subindustry, Nippon Paint Holdings Co's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nippon Paint Holdings Co Debt-to-EBITDA vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nippon Paint Holdings Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Nippon Paint Holdings Co's Debt-to-EBITDA falls into.


NPCPF
87GF Score
Nippon Paint Holdings Co Ltd NPCPF
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nippon Paint Holdings Co Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Nippon Paint Holdings Co's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(796.511 + 8323.15) / 1731.264
=5.27

Nippon Paint Holdings Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1318.228 + 7638.722) / 2440.996
=3.67

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 3.67 mean?
Nippon Paint Holdings Co (NPCPF) has a Debt-to-EBITDA of 3.67 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Nippon Paint Holdings Co. This is near median its historical median of 3.61. Over the past decade, Nippon Paint Holdings Co's Debt-to-EBITDA has ranged from 0.23 to 5.27. According to the industry distribution chart, Nippon Paint Holdings Co ranks #912 out of 1234 companies in the Chemicals industry, placing it in the top 73.9%.
Is Nippon Paint Holdings Co's Debt-to-EBITDA too high?
Nippon Paint Holdings Co's current Debt-to-EBITDA of 3.67 is near median its 10-year median of 3.61. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 5.27. The Chemicals industry median Debt-to-EBITDA is 2.16. Nippon Paint Holdings Co's value of 3.67 is 70.3% above this industry median. Based on the distribution chart, Nippon Paint Holdings Co ranks #912 out of 1234 companies in the Chemicals industry, which is below the industry midpoint. Overall, Nippon Paint Holdings Co has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Paint Holdings Co's Debt-to-EBITDA compare to LIN and SHW?
According to the Chemicals industry distribution chart, Nippon Paint Holdings Co ranks #912 out of 1234 companies for Debt-to-EBITDA. This places Nippon Paint Holdings Co in the lower half of its industry. The industry median Debt-to-EBITDA is 2.16. Nippon Paint Holdings Co's value of 3.67 is 70.3% above this benchmark. Historically, Nippon Paint Holdings Co's own Debt-to-EBITDA has ranged from 0.23 to 5.27 over the past decade. While the company's 10-year median is 3.61 vs. the industry median of 2.16, Nippon Paint Holdings Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Chemicals company?
The median Debt-to-EBITDA among Chemicals companies is 2.16, based on 1,234 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nippon Paint Holdings Co's current Debt-to-EBITDA of 3.67 is 70.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Nippon Paint Holdings Co. For the Chemicals industry, the median Debt-to-EBITDA is 2.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Paint Holdings Co's current Debt-to-EBITDA is 3.67, which is near median its own 10-year median of 3.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Paint Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Paint Holdings Co (NPCPF) is currently considered Modestly Undervalued. The stock's GF Value™ is $8.09, compared to a current price of $6.69 — trading 17.2% below its estimated fair value. The current Debt-to-EBITDA is 3.67, which is near median its 10-year median of 3.61 and 70.3% above the Chemicals industry median of 2.16. Nippon Paint Holdings Co's overall GF Score™ is 87/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Nippon Paint Holdings Co (NPCPF), the current Debt-to-EBITDA is 3.67 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nippon Paint Holdings Co (NPCPF) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Paint Holdings Co stock appears to be undervalued. The current stock price of $6.69 is trading 17.2% below its estimated GF Value™ of $8.09. GuruFocus considers Nippon Paint Holdings Co to be Modestly Undervalued.

Key valuation signals for NPCPF:

  • Debt-to-EBITDA: 3.67 (near median its 10-year median of 3.61)
  • GF Value™: $8.09 vs. price of $6.69 (17.2% below fair value)
  • GF Score™: 87/100 with 3 warning signs
  • Industry Position: 70.3% above the Chemicals median (#912 of 1234)

No single metric tells the full story. See the NPCPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Paint Holdings Co Business Description

Address 2-1-2 Oyodo Kita, Kita-ku, Osaka, JPN, 531-8511
Nippon Paint is a global paint company with operations in over 50 countries. About two-thirds of sales are in decorative paint, serving mostly residential and some commercial customers. It has the dominant share of the paint markets in China and some smaller Asian countries, as well as Australia. In other regions, it's often one of the three largest players. Its products are distributed via paint and home improvement retailers, some 300,000 distributors globally. Household brands include Nipsea, Nippon Paint, Dulux (in Asia, the Pacific, and Europe), British Paints, Betek Boya, and Alina, among others. About one-fourth of sales are in industrial coatings and paints. Here, customer groups include manufacturers of automotive and industrial products.
87GF Score

Get the complete analysis for NPCPF

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$6.69
Price
$8.09
GF Value