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Nippon Paint Valuation Multiples
Discover revenue and EBITDA valuation multiples for Nippon Paint and similar public comparables like Nippon Sanso Holdings, LG Chem, SABIC Agri-Nutrient, CF Industries and more.
Nippon Paint Overview
About Nippon Paint
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.
Founded
1881
HQ

Employees
47.7K
Website
Sectors
Financials (LTM)
EV
$22B
Nippon Paint Financials
Nippon Paint reported last 12-month revenue of $12B and EBITDA of $2B.
In the same LTM period, Nippon Paint generated $5B in gross profit, $2B in EBITDA, and $1B in net income.
Revenue (LTM)
Nippon Paint P&L
In the most recent fiscal year, Nippon Paint reported revenue of $10B and EBITDA of $2B.
Nippon Paint expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $12B | XXX | $10B | XXX | XXX | XXX |
| Gross Profit | $5B | XXX | $4B | XXX | XXX | XXX |
| Gross Margin | 43% | XXX | 40% | XXX | XXX | XXX |
| EBITDA | $2B | XXX | $2B | XXX | XXX | XXX |
| EBITDA Margin | 18% | XXX | 16% | XXX | XXX | XXX |
| EBIT Margin | 15% | XXX | 12% | XXX | XXX | XXX |
| Net Profit | $1B | XXX | $808M | XXX | XXX | XXX |
| Net Margin | 10% | XXX | 8% | XXX | XXX | XXX |
| Net Debt | — | — | $3B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Nippon Paint Stock Performance
Nippon Paint has current market cap of $17B, and enterprise value of $22B.
Market Cap Evolution
Nippon Paint's stock price is $7.20.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $22B | $17B | (0.3%) | XXX | XXX | XXX | $0.35 |
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Start Free TrialNippon Paint Valuation Multiples
Nippon Paint trades at 1.9x EV/Revenue multiple, and 10.3x EV/EBITDA.
EV / Revenue (LTM)
Nippon Paint Financial Valuation Multiples
As of March 7, 2026, Nippon Paint has market cap of $17B and EV of $22B.
Equity research analysts estimate Nippon Paint's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Nippon Paint has a P/E ratio of 14.2x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $17B | XXX | $17B | XXX | XXX | XXX |
| EV (current) | $22B | XXX | $22B | XXX | XXX | XXX |
| EV/Revenue | 1.9x | XXX | 2.1x | XXX | XXX | XXX |
| EV/EBITDA | 10.3x | XXX | 13.0x | XXX | XXX | XXX |
| EV/EBIT | 13.0x | XXX | 18.4x | XXX | XXX | XXX |
| EV/Gross Profit | 4.4x | XXX | 5.2x | XXX | XXX | XXX |
| P/E | 14.2x | XXX | 20.7x | XXX | XXX | XXX |
| EV/FCF | 19.6x | XXX | 29.8x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Nippon Paint Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Nippon Paint Margins & Growth Rates
Nippon Paint's revenue in the last 12 month grew by 4%.
Nippon Paint's revenue per employee in the last FY averaged $0.2M.
Nippon Paint's rule of 40 is 22% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Nippon Paint's rule of X is 27% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Nippon Paint Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 4% | XXX | 11% | XXX | XXX | XXX |
| EBITDA Margin | 18% | XXX | 16% | XXX | XXX | XXX |
| EBITDA Growth | 5% | XXX | 25% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 22% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 27% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.2M | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 29% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 29% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Nippon Paint Public Comps
See public comps and valuation multiples for other Chemicals comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Nippon Sanso Holdings | XXX | XXX | XXX | XXX | XXX | XXX |
| LG Chem | XXX | XXX | XXX | XXX | XXX | XXX |
| SABIC Agri-Nutrient | XXX | XXX | XXX | XXX | XXX | XXX |
| CF Industries | XXX | XXX | XXX | XXX | XXX | XXX |
| DSM-Firmenich | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Nippon Paint M&A Activity
Nippon Paint acquired XXX companies to date.
Last acquisition by Nippon Paint was on XXXXXXXX, XXXXX. Nippon Paint acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Nippon Paint
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
Sign up to see revenue and EBITDA valuation multiples for 150K+ M&A deals.
Start Free TrialNippon Paint Investment Activity
Nippon Paint invested in XXX companies to date.
Nippon Paint made its latest investment on XXXXXXXX, XXXXX. Nippon Paint invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Nippon Paint
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Nippon Paint
| When was Nippon Paint founded? | Nippon Paint was founded in 1881. |
| Where is Nippon Paint headquartered? | Nippon Paint is headquartered in Japan. |
| How many employees does Nippon Paint have? | As of today, Nippon Paint has over 47K employees. |
| Is Nippon Paint publicly listed? | Yes, Nippon Paint is a public company listed on Tokyo Stock Exchange. |
| What is the stock symbol of Nippon Paint? | Nippon Paint trades under 4612 ticker. |
| When did Nippon Paint go public? | Nippon Paint went public in 1949. |
| Who are competitors of Nippon Paint? | Nippon Paint main competitors are Nippon Sanso Holdings, LG Chem, SABIC Agri-Nutrient, CF Industries. |
| What is the current market cap of Nippon Paint? | Nippon Paint's current market cap is $17B. |
| What is the current revenue of Nippon Paint? | Nippon Paint's last 12 months revenue is $12B. |
| What is the current revenue growth of Nippon Paint? | Nippon Paint revenue growth (NTM/LTM) is 4%. |
| What is the current EV/Revenue multiple of Nippon Paint? | Current revenue multiple of Nippon Paint is 1.9x. |
| Is Nippon Paint profitable? | Yes, Nippon Paint is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Nippon Paint? | Nippon Paint's last 12 months EBITDA is $2B. |
| What is Nippon Paint's EBITDA margin? | Nippon Paint's last 12 months EBITDA margin is 18%. |
| What is the current EV/EBITDA multiple of Nippon Paint? | Current EBITDA multiple of Nippon Paint is 10.3x. |
| What is the current FCF of Nippon Paint? | Nippon Paint's last 12 months FCF is $1B. |
| What is Nippon Paint's FCF margin? | Nippon Paint's last 12 months FCF margin is 10%. |
| What is the current EV/FCF multiple of Nippon Paint? | Current FCF multiple of Nippon Paint is 19.6x. |
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