Asian Paints Ltd
NSE:ASIANPAINT

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Asian Paints Ltd
NSE:ASIANPAINT
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Price: 2 279.2 INR -0.14% Market Closed
Market Cap: 2.2T INR
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Relative Value

The Relative Value of one ASIANPAINT stock under the Base Case scenario is 1 929.47 INR. Compared to the current market price of 2 279.2 INR, Asian Paints Ltd is Overvalued by 15%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

ASIANPAINT Relative Value
Base Case
1 929.47 INR
Overvaluation 15%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
98
vs Industry
6
Median 3Y
8.8
Median 5Y
9
Industry
1.5
Forward
5.8
vs History
98
vs Industry
12
Median 3Y
69.1
Median 5Y
71.7
Industry
21.7
Forward
42.5
vs History
79
vs Industry
9
Median 3Y
74.6
Median 5Y
74.1
Industry
13
vs History
33
vs Industry
9
Median 3Y
123.5
Median 5Y
106
Industry
20.5
vs History
98
vs Industry
1
Median 3Y
19.3
Median 5Y
18.9
Industry
1.6
vs History
98
vs Industry
7
Median 3Y
8.7
Median 5Y
9
Industry
1.6
Forward
5.7
vs History
98
vs Industry
14
Median 3Y
21.3
Median 5Y
22.1
Industry
7.2
vs History
98
vs Industry
11
Median 3Y
46.3
Median 5Y
48.3
Industry
13.2
Forward
32.2
vs History
98
vs Industry
12
Median 3Y
53.1
Median 5Y
56
Industry
17.5
Forward
37.5
vs History
79
vs Industry
10
Median 3Y
73.7
Median 5Y
73.3
Industry
13.9
vs History
50
vs Industry
7
Median 3Y
116.1
Median 5Y
92.4
Industry
19.1
vs History
98
vs Industry
1
Median 3Y
17.8
Median 5Y
17.6
Industry
1.3

Multiples Across Competitors

ASIANPAINT Competitors Multiples
Asian Paints Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
IN
Asian Paints Ltd
NSE:ASIANPAINT
2.2T INR 6.3 47.8 32.4 37.6
US
Sherwin-Williams Co
NYSE:SHW
86.3B USD 3.7 33.7 21.8 25.4
US
Ecolab Inc
NYSE:ECL
67.5B USD 4.3 33 21 28.7
JP
Shin-Etsu Chemical Co Ltd
TSE:4063
10.1T JPY 4.1 19.7 8.7 11.5
CH
Givaudan SA
SIX:GIVN
36.5B CHF 5.1 35.4 24.7 31.6
US
Dupont De Nemours Inc
NYSE:DD
32.2B USD 2.6 40.3 12.6 21
CN
Wanhua Chemical Group Co Ltd
SSE:600309
232.7B CNY 1.2 15.3 16.7 16.7
US
PPG Industries Inc
NYSE:PPG
27.8B USD 1.5 18.7 11.4 14.1
CH
DSM-Firmenich AG
AEX:DSFIR
26.1B EUR 2.5 12.2 30.9 -60.5
DK
Novozymes A/S
CSE:NZYM B
165.6B DKK 9.3 54.8 28.9 37.9
US
International Flavors & Fragrances Inc
NYSE:IFF
21.7B USD 1.9 -9.3 16.1 37.6
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
IN
Asian Paints Ltd
NSE:ASIANPAINT
Average EV/EBIT: 26.2
37.6
5%
7.1
US
Sherwin-Williams Co
NYSE:SHW
25.4
34%
0.7
US
Ecolab Inc
NYSE:ECL
28.7
52%
0.6
JP
Shin-Etsu Chemical Co Ltd
TSE:4063
11.5
N/A N/A
CH
Givaudan SA
SIX:GIVN
31.6
44%
0.7
US
Dupont De Nemours Inc
NYSE:DD
21
83%
0.3
CN
Wanhua Chemical Group Co Ltd
SSE:600309
16.7
39%
0.4
US
PPG Industries Inc
NYSE:PPG
14.1
28%
0.5
CH
D
DSM-Firmenich AG
AEX:DSFIR
Negative Multiple: -60.5 N/A N/A
DK
Novozymes A/S
CSE:NZYM B
37.9
N/A N/A
US
International Flavors & Fragrances Inc
NYSE:IFF
37.6
205%
0.2

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