Nippon Paint Holdings CoNPCPF 79 Interest Coverage is 9.36 as of Mar. 2026, which is 34% below its 10-year median of 14.15. GuruFocus rates NPCPF with a GF Score™ of 79/100 and a GF Value™ of $8.04 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,237 Chemicals companies, Nippon Paint Holdings Co ranks better than 50.61% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Nippon Paint Holdings Co's
Operating Income
for the
three
months ended in Mar. 2026 was $447 Mil. Nippon Paint Holdings Co's Interest Expense for the
three
months ended in Mar. 2026 was $-48 Mil.
Nippon Paint Holdings Co's interest coverage for the quarter that ended in Mar. 2026 was 9.36.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Nippon Paint Holdings Co's Interest Coverage or its related term are showing as below:
NPCPF'
s Interest Coverage Range Over the Past 10 Years
Min: 9.41 Med: 14.15 Max: 183.42
Current: 10.71
NPCPF's Interest Coverage is ranked better than 50.61% of 1237
companies
in the Chemicals industry
Industry Median: 10.21
vs NPCPF: 10.71
Nippon Paint Holdings Co (OTCPK:NPCPF) Interest Coverage Explanation
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Nippon Paint Holdings Co Interest Coverage Related Terms
Nippon Paint Holdings Co Interest Coverage Historical Data
* 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
NPCPF vs LIN, SHW, ECL: Interest Coverage Comparison
For the Specialty Chemicals subindustry, Nippon Paint Holdings Co's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Nippon Paint Holdings Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Nippon Paint Holdings Co's Interest Coverage falls into.
Nippon Paint Holdings Co Interest Coverage Calculation
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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 (NPCPF) has a Interest Coverage of 9.36 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Nippon Paint Holdings Co and its competitors. This is 34% below median its historical median of 14.15. Over the past decade, Nippon Paint Holdings Co's Interest Coverage has ranged from 9.41 to 183.42. According to the industry distribution chart, Nippon Paint Holdings Co ranks #611 out of 1237 companies in the Chemicals industry, placing it in the top 49.4%.
Is Nippon Paint Holdings Co's Interest Coverage too high?
Nippon Paint Holdings Co's current Interest Coverage of 9.36 is 34% below median its 10-year median of 14.15. Over the past 10 years, this metric has ranged from a low of 9.41 to a high of 183.42. The Chemicals industry median Interest Coverage is 10.21. Nippon Paint Holdings Co's value of 9.36 is 8.3% below this industry median. Based on the distribution chart, Nippon Paint Holdings Co ranks #611 out of 1237 companies in the Chemicals industry, which is above the industry midpoint. Overall, Nippon Paint Holdings Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Paint Holdings Co's Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, Nippon Paint Holdings Co ranks #611 out of 1237 companies for Interest Coverage. This puts Nippon Paint Holdings Co in the upper half of its industry. The industry median Interest Coverage is 10.21. Nippon Paint Holdings Co's value of 9.36 is 8.3% below this benchmark. Historically, Nippon Paint Holdings Co's own Interest Coverage has ranged from 9.41 to 183.42 over the past decade. While the company's 10-year median is 14.15 vs. the industry median of 10.21, Nippon Paint Holdings Co has consistently been below 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 Interest Coverage for a Chemicals company?
The median Interest Coverage among Chemicals companies is 10.21, based on 1,237 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nippon Paint Holdings Co's current Interest Coverage of 9.36 is 8.3% below 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Nippon Paint Holdings Co and its competitors. For the Chemicals industry, the median Interest Coverage is 10.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Paint Holdings Co's current Interest Coverage is 9.36, which is 34% below median its own 10-year median of 14.15. 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 $8.04, compared to a current price of $7.05 — trading 12.3% below its estimated fair value. The current Interest Coverage is 9.36, which is 34% below median its 10-year median of 14.15 and 8.3% below the Chemicals industry median of 10.21. Nippon Paint Holdings Co's overall GF Score™ is 79/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Nippon Paint Holdings Co (NPCPF), the current Interest Coverage is 9.36 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 $7.05 is trading 12.3% below its estimated GF Value™ of $8.04.
GuruFocus considers Nippon Paint Holdings Co to be Modestly Undervalued.
Key valuation signals for NPCPF:
Interest Coverage: 9.36 (34% below median its 10-year median of 14.15)
GF Value™: $8.04 vs. price of $7.05 (12.3% below fair value)
Industry Position: 8.3% below the Chemicals median (#611 of 1237)
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 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.
79GF Score
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