Nippon Paint Holdings CoNPCPF 79 Return-on-Tangible-Equity is Negative Tangible Equity% as of Mar. 2026. GuruFocus rates NPCPF with a GF Score™ of 79/100 and a GF Value™ of $8.03 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,571 Chemicals companies, Nippon Paint Holdings Co ranks better than 99.87% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Nippon Paint Holdings Co's annualized net income for the quarter that ended in Mar. 2026 was $1,299 Mil. Nippon Paint Holdings Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $-1,615 Mil. Therefore, Nippon Paint Holdings Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was Negative Tangible Equity%.
The historical rank and industry rank for Nippon Paint Holdings Co's Return-on-Tangible-Equity or its related term are showing as below:
NPCPF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 17.25 Med: 25.59 Max: 185.42
Current: Negative Tangible Equity
During the past 13 years, Nippon Paint Holdings Co's highest Return-on-Tangible-Equity was 185.42%. The lowest was 17.25%. And the median was 25.59%.
NPCPF's Return-on-Tangible-Equity is ranked better than 99.87% of 1571
companies
in the Chemicals industry
Industry Median: 5.7
vs NPCPF: Negative Tangible Equity
Nippon Paint Holdings Co (OTCPK:NPCPF) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Nippon Paint Holdings Co Return-on-Tangible-Equity Related Terms
Nippon Paint Holdings Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Nippon Paint Holdings Co's Return-on-Tangible-Equity 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 Return-on-Tangible-Equity Chart
NPCPF vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison
For the Specialty Chemicals subindustry, Nippon Paint Holdings Co's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Nippon Paint Holdings Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Nippon Paint Holdings Co's Return-on-Tangible-Equity falls into.
* 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 Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of Negative Tangible Equity% mean?
Nippon Paint Holdings Co (NPCPF) has a Return-on-Tangible-Equity of Negative Tangible Equity% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Nippon Paint Holdings Co and its competitors. Over the past decade, Nippon Paint Holdings Co's Return-on-Tangible-Equity has ranged from 17.25 to 185.42. According to the industry distribution chart, Nippon Paint Holdings Co ranks #2 out of 1571 companies in the Chemicals industry, placing it in the top 0.099999999999994%.
Is Nippon Paint Holdings Co's Return-on-Tangible-Equity too high?
Nippon Paint Holdings Co's current Return-on-Tangible-Equity is Negative Tangible Equity%. Over the past 10 years, this metric has ranged from a low of 17.25 to a high of 185.42. Based on the distribution chart, Nippon Paint Holdings Co ranks #2 out of 1571 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. 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 Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Nippon Paint Holdings Co ranks #2 out of 1571 companies for Return-on-Tangible-Equity. This places Nippon Paint Holdings Co in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.70. Historically, Nippon Paint Holdings Co's own Return-on-Tangible-Equity has ranged from 17.25 to 185.42 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Chemicals company?
The median Return-on-Tangible-Equity among Chemicals companies is 5.70, based on 1,571 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Nippon Paint Holdings Co and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Paint Holdings Co's current Return-on-Tangible-Equity is Negative Tangible Equity%. 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 $8.03, compared to a current price of $6.99 — trading 13% below its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. 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 Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Nippon Paint Holdings Co (NPCPF), the current Return-on-Tangible-Equity is Negative Tangible Equity% 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 $6.99 is trading 13% below its estimated GF Value™ of $8.03.
GuruFocus considers Nippon Paint Holdings Co to be Modestly Undervalued.
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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