ASIANPAINT:NSE-Asian Paints Limited (INR)

COMMON STOCK | Specialty Chemicals | NSE

Last Closing Price

INR 3,427.85

Change

+22.65 (+0.67)%

Market Cap

INR 3,284.01B

Volume

0.55M

Avg Analyst Target

INR 3,382.25 (-1.33%)

Avg User Target

INR
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict


ASIANPAINT Stock Forecast & Price:
Based on the Asian Paints Limited stock forecasts from 7 analysts, the average analyst target price for Asian Paints Limited is INR 3,382.25 over the next 12 months. Asian Paints Limited’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Asian Paints Limited is Slightly Bullish , which is based on 8 positive signals and 6 negative signals. At the last closing, Asian Paints Limited’s stock price was INR 3,427.85. Asian Paints Limited’s stock price has changed by -1.33% over the past week, +18.48% over the past month and +15.20% over the last year.

About Asian Paints Limited (ASIANPAINT:NSE)

Asian Paints Limited, together with its subsidiaries, manufactures, sells, and distributes paints and coatings for decorative and industrial use in India and internationally. It operates in Paints and Home Improvement segments. The company offers decorative coatings for interior ...Read More

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2022-08-12 )

Largest Industry Peers for Specialty Chemicals

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
PIDILITIND:NSE Pidilite Industries Limited

-18.15 (-0.69%)

INR1,335.35B 110.61 64.29
SRF:NSE SRF Limited

+8.85 (+0.36%)

INR722.33B 34.36 21.94
BERGEPAINT:NSE Berger Paints (I) Limited

-0.50 (-0.07%)

INR656.87B 69.50 41.72
AARTIIND:NSE Aarti Industries Limited

+3.00 (+0.37%)

INR299.63B 22.79 16.22
LINDEINDIA:NSE Linde India Limited

-4.70 (-0.14%)

INR295.68B 112.08 49.03
SOLARINDS:NSE Solar Industries India Limited

-57.35 (-1.78%)

INR288.68B 56.16 33.12
ATUL:NSE Atul Limited

-153.15 (-1.63%)

INR276.23B 45.91 27.30
KANSAINER:NSE Kansai Nerolac Paints Limited

-6.10 (-1.22%)

INR267.30B 66.66 36.64
VINATIORGA:NSE Vinati Organics Limited

-22.70 (-1.02%)

INR227.85B 65.58 42.85
FINEORG:NSE Fine Organic Industries Limite..

-309.40 (-4.75%)

INR200.01B 66.58 44.73

ETFs Containing ASIANPAINT

Symbol Name Weight Mer Price(Change) Market Cap
PIN Invesco India ETF 0.00 % 0.78 %

+0.20 (+0.79%)

INR0.09B
QEMM SPDR® MSCI Emerging Mark.. 0.00 % 0.30 %

+0.44 (+0.77%)

INR0.06B
FLEM:CA Franklin LibertyQT Emergi.. 0.00 % 0.54 %

+0.04 (+0.27%)

INR5.24M
FLIN Franklin FTSE India ETF 0.00 % 0.19 %

+0.24 (+0.78%)

INR0.06B
EPIE:LSE WisdomTree Issuer ICAV - .. 0.00 % 0.73 %

N/A

INR6.08M
EPIQ:LSE WisdomTree Issuer ICAV - .. 0.00 % 0.73 %

N/A

INR6.31M
WTD0:F WisdomTree India Quality .. 0.00 % 0.73 %

N/A

INR6.31M
WTDZ:F WisdomTree India Quality .. 0.00 % 0.73 %

N/A

INR6.31M
FLXE:XETRA Franklin Libertyshares Ic.. 0.00 % 0.25 %

+0.17 (+0.75%)

INR0.03B
QDV5:XETRA iShares MSCI India UCITS .. 0.00 % 0.65 %

+0.08 (+1.18%)

INR1.24B
WTD0:XETRA WisdomTree Issuer ICAV - .. 0.00 % 0.73 %

N/A

INR6.31M
WTDZ:XETRA WisdomTree Issuer ICAV - .. 0.00 % 0.73 %

N/A

INR6.31M
GLIN VanEck India Growth Leade.. 0.00 % 0.82 %

+0.36 (+1.04%)

N/A
FLXI:XETRA Franklin Libertyshares IC.. 0.00 % 0.19 %

+0.45 (+1.38%)

INR0.14B

Market Performance

  Market Performance vs.
Industry/Classification (Specialty Chemicals)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 1.33% 57% F 63% D
Dividend Return 0.46% 48% F 28% F
Total Return 1.79% 58% F 63% D
Trailing 12 Months  
Capital Gain 14.69% 66% D 64% D
Dividend Return 0.64% 46% F 37% F
Total Return 15.33% 66% D 64% D
Trailing 5 Years  
Capital Gain 199.66% 74% C 86% B
Dividend Return 4.07% 43% F 51% F
Total Return 203.73% 72% C- 86% B
Average Annual (5 Year Horizon)  
Capital Gain 28.47% 56% F 67% D+
Dividend Return 0.50% 37% F 41% F
Total Return 28.96% 56% F 66% D
Risk Return Profile  
Volatility (Standard Deviation) 20.51% 95% A 95% A
Risk Adjusted Return 141.22% 97% A+ 100% A+
Market Capitalization 3,284.01B 100% A+ 99% A+
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Specialty Chemicals)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 94.37 9% F 10% F
Price/Book Ratio 23.69 2% F 2% F
Price / Cash Flow Ratio 332.90 5% F 2% F
EV/EBITDA 56.58 6% F 5% F
Management Effectiveness  
Return on Equity 22.49% 72% C- 82% B-
Return on Invested Capital 20.80% 74% C 87% B+
Return on Assets 11.50% 79% C+ 88% B+
Debt to Equity Ratio 0.32% 83% B 83% B
Technical Ratios  
Dividend Yield 0.56% 46% F 33% F
Short Ratio N/A N/A N/A N/A N/A
Short Percent N/A N/A N/A N/A N/A
Beta 0.39 80% B- 86% B
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (INR)

Quarterly Financials (INR)

Analyst Ratings

Target Price Action Rating Action Analyst Rating Price Date

Discussions

User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector