Nippon Paint Holdings CoNPCPF 79 ROE % is 11.03% as of Mar. 2026, which is 33% above its 10-year median of 8.32. 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 1,591 Chemicals companies, Nippon Paint Holdings Co ranks better than 66.62% on this metric.
The historical rank and industry rank for Nippon Paint Holdings Co's ROE % or its related term are showing as below:
NPCPF'
s ROE % Range Over the Past 10 Years
Min: 6.32 Med: 8.32 Max: 12.2
Current: 8.44
During the past 13 years, Nippon Paint Holdings Co's highest ROE % was 12.20%. The lowest was 6.32%. And the median was 8.32%.
NPCPF's ROE % is ranked better than 66.62% of 1591
companies
in the Chemicals industry
Industry Median: 5.19
vs NPCPF: 8.44
Nippon Paint Holdings Co (OTCPK:NPCPF) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.
* 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.
For the Specialty Chemicals subindustry, Nippon Paint Holdings Co's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Nippon Paint Holdings Co's ROE % distribution charts can be found below:
* The bar in red indicates where Nippon Paint Holdings Co's ROE % 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 ROE %, the net income of the last fiscal year and the average total shareholder 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.
ROE % is displayed in the 30-year financial page.
Nippon Paint Holdings Co (NPCPF) has a ROE % of 11.03% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Nippon Paint Holdings Co and its competitors. This is 33% above median its historical median of 8.32. Over the past decade, Nippon Paint Holdings Co's ROE % has ranged from 6.32 to 12.20. According to the industry distribution chart, Nippon Paint Holdings Co ranks #531 out of 1591 companies in the Chemicals industry, placing it in the top 33.4%.
Is Nippon Paint Holdings Co's ROE % too high?
Nippon Paint Holdings Co's current ROE % of 11.03% is 33% above median its 10-year median of 8.32. Over the past 10 years, this metric has ranged from a low of 6.32 to a high of 12.20. The Chemicals industry median ROE % is 5.19. Nippon Paint Holdings Co's value of 11.03% is 112.5% above this industry median. Based on the distribution chart, Nippon Paint Holdings Co ranks #531 out of 1591 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 ROE % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Nippon Paint Holdings Co ranks #531 out of 1591 companies for ROE %. This puts Nippon Paint Holdings Co in the upper half of its industry. The industry median ROE % is 5.19. Nippon Paint Holdings Co's value of 11.03% is 112.5% above this benchmark. Historically, Nippon Paint Holdings Co's own ROE % has ranged from 6.32 to 12.20 over the past decade. While the company's 10-year median is 8.32 vs. the industry median of 5.19, 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 ROE % for a Chemicals company?
The median ROE % among Chemicals companies is 5.19, based on 1,591 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nippon Paint Holdings Co's current ROE % of 11.03% is 112.5% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Nippon Paint Holdings Co and its competitors. For the Chemicals industry, the median ROE % is 5.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Paint Holdings Co's current ROE % is 11.03%, which is 33% above median its own 10-year median of 8.32. 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 ROE % is 11.03%, which is 33% above median its 10-year median of 8.32 and 112.5% above the Chemicals industry median of 5.19. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Nippon Paint Holdings Co (NPCPF), the current ROE % is 11.03% 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:
ROE %: 11.03% (33% above median its 10-year median of 8.32)
GF Value™: $8.04 vs. price of $7.05 (12.3% below fair value)
Industry Position: 112.5% above the Chemicals median (#531 of 1591)
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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