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ASIAN PAINTS
Intrinsic Value | Fundamental Analysis

BOM : 500820     NSE : ASIANPAINT    
LT :  
    Long Term Analysis
Fundamentals : Good
Valuation : Average [Stock is fairly valued]
Debt : Low
Updated:
ST :  
    Short Term Analysis
Quarterly Earnings Trend : Upward
Price Momentum : Downward
Pledged Shares : None or < 25%
Apr 16,2024
Price(EOD): ₹ 2,830.55
This is the End-of-Day (EOD) Stock Price updated daily by 7 pm IST.
Paints
MCap: ₹ 271,506.36 Cr
Value of ₹ 1 Lac invested in ASIAN PAINTS
on Apr 16,2019 (price: ₹ 1,455.85)

₹ 1 L

₹ 1.94 L

1W : -0.1% 1M : -5.7% 1Y : 0.2%
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ASIAN PAINTS is part of below Screeners ↓
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Industry Peers & Returns1W1M1Y
ASIAN PAINTS -0.1% -5.7% 0.2%
BERGER PAINTS INDIA 1.5% -2.4% 12.6%
KANSAI NEROLAC PAINTS -0.2% -11.1% 4.2%
AKZO NOBEL INDIA -1.1% -12% 7.6%
INDIGO PAINTS -3.7% -10.7% 26.4%
SHALIMAR PAINTS -1.1% -16.6% 13.5%

FUNDAMENTAL ANALYSIS OF ASIAN PAINTS

 
Fundamentals Score
[ Q(TTM): Dec2023, Y: Mar2023
Q : Last Qtr data
Y : Last Audited Annual/Yearly Data
TTM i.e. Trailing Twelve Months is calculated using last 4 quarterly data and is a good substitute to track last 4 Qtr Annual result before the subsequent year data is published and audited.
Learn More
]

Insights 💡 ASIANPAINT is one of the top 35% companies with good fundamentals ! Discover More →

VALUATION OF ASIAN PAINTS

 
Valuation Score
[As on : Apr 16,2024 ]

Ratio Consolidated
P/E
P/B
P/S
50.19
P/E Calculated based on Trailing Twelve Months (TTM) Earnings of Rs 5,409.77 Cr
[Latest Qtr - Dec2023 - Consolidated Results ]

17.01
P/B Calculated based on Book Value of Rs 15,965.50 Cr
[Latest Year - Mar2023 - Consolidated Results ]

7.64
P/S Calculated based on Trailing Twelve Months (TTM) Revenues of Rs 35,551.30 Cr
[Latest Qtr - Dec2023 - Consolidated Results ]

Financial Ratios →

Insights 💡 There are potential 14% undervalued companies ! Discover More →

FAIR VALUE OF ASIAN PAINTS

 
Model Discount(-)/
Premium(+)
EV/EBIDTA
EV/Sales
Price/Sales
19%
-2%
-2%

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SHARE PRICE MOMENTUM OF ASIAN PAINTS



ASIAN PAINTS vs SENSEX


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DEBT OF ASIAN PAINTS

Year Debt/Equity ratio
Standalone Consolidated
2023
2022
2021
Avg_3yrs
0
0
0
-
0.06
0.06
0.03
0.05
[Last Annual Data : Mar2023]
Financial Ratios →

PLEDGED PROMOTER SHARES OF ASIAN PAINTS

Pledged Promoter Shares
6.58 %
As on : Dec2023

If less than 25%

Good
If between 25% and 50% Neutral
If greater than 50% Bad
Shareholding Pattern →

QTRLY RESULTS OF ASIAN PAINTS

Consolidated Q-o-Q Y-o-Y
Revenue
Op Profit
Profit Before Tax
Profit After Tax
7.37%
19.8%
18.38%
18.62%
5.4%
27.59%
33.09%
34.47%
QtrlyTrend
8
Latest Qtr: Dec2023
Quarterly Result Analysis →


ASIAN PAINTS related INDICES

BSE Indices1W1M1Y
S&P BSE DIVIDEND STABILITY -1.1% 0.3% 56.2%
MFG -1.5% 0.7% 43%
S&P BSE LOW VOLATILITY -1.6% -0.7% 38.7%
S&P BSE CONSUMER DISC. -1.7% 4% 61.9%
S&P BSE 500 SHARIAH -1.8% -0.1% 36.9%
NSE Indices1W1M1Y
NIFTY ALPHA QTY VAL LOW-VOL 30 -1.3% -1.8% 58.9%
NIFTY CONSUMPTION -1.4% 1.8% 38.8%
NIFTY200 QUALITY30 -1.4% -0.9% 30.5%
NIFTY QUALITY LOW-VOLATILTY 30 -1.5% -1.6% 32%
NIFTY500 MULTICAP 50:25:25 -1.6% 2.6% 46%

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FAQ about ASIAN PAINTS


Is ASIAN PAINTS good for long term investment?

As on Apr 16,2024, the Fundamentals of ASIAN PAINTS look Strong and hence it may be good for long term investment! See Financial Performance of ASIAN PAINTS . Please look at the other parameters such as Valuation, Price Momentum, News & Corporate Governance and/or consult an Investment Advisor before taking an investment decision!

Is ASIAN PAINTS UnderValued or OverValued?

As on Apr 16,2024, ASIAN PAINTS is Fairly Valued based on the estimates of intrinsic value and investors may wait for the buying opportunity once it becomes under valued!

What is the Intrinsic Value of ASIAN PAINTS ?

As on Apr 16,2024, the Intrinsic Value of ASIAN PAINTS is Rs. 2,901.08 estimated based on Median of the 3 historical models.
Fair Value [Median EV / EBIDTA Model] : Rs. 2,381.26
Fair Value [Median EV / Sales Model] : Rs. 2,901.08
Fair Value [Median Price / Sales Model] : Rs. 2,902.51
Estimated Median Fair Value of ASIAN PAINTS : Rs. 2,901.08

The fair value of any stock is always subjective and should, in no way, be taken as a recommendation to buy/sell the same.

Is ASIAN PAINTS trading at a Premium or Discount?

As on Apr 16,2024, ASIAN PAINTS is trading at a Discount of -2% based on the estimates of Median Intrinsic Value!