More stocks to consider
Alternative stocks to Asian Paints (NSEI:ASIANPAINT)


These are the alternatives to Asian Paints that fall within the same industry, Specialty Chemicals, or region, India.

How to read the ranks

For every stock, we judge its performance against its peers and rank it on a scale of 1 to 100. The higher the rank, the better the stock performs than its peers. And, we do this for six investment strategies:

Value - shows how good of a value the stock is. Green is "inexpensive"; red is "expensive".

Growth - shows a company's growth potential. Green is "high growth" expected; red is "tough times ahead".

Safety - relates to the amount of debt a company has. Green is low debt level; red is high debt level.

Combined Financial - this isn't an average of the first three ranks but rather a consolidated view across several financial indicators. Green = good; red = tread carefully.

(NEW) Sentiment - quantifies professional analyst ratings and holdings as well as market pulse. Green = positive sentiment; red = skepticism (Only available to Premium Subscribers).

(NEW) 360° View - the ultimate rating with all financial and non-financial indicators.

See Asian Paints Performance

Asian Paints stock research in summary

asianpaints.com


Asian Paints shares are more expensive than other comparable stocks. While they show above average growth, they are riskily financed, and are poor value. We recommend evaluating whether the future of the company Asian Paints is really as positive as the high price of the shares suggests. If you come to the conclusion that the future for this company is only average, that could be a reason to sell this share.


Latest Obermatt Ranks


Log in or sign up to see the new 360° View and Sentiment ranks.

Country India
Industry Specialty Chemicals
Index
Size class X-Large

Large companies - similar industry as Asian Paints

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. NMDC (XL, IN)  Steel
1. NMDC (XL, IN)   Steel 34 99 91 96
2. Hindalco (XXL, IN)  Aluminum
2. Hindalco (XXL, IN)   Aluminum 86 61 38 86
3. Jindal Steel (XL, IN)  Steel
3. Jindal Steel (XL, IN)   Steel 38 92 51 82
4. JSW Steel (XXL, IN)  Steel
4. JSW Steel (XXL, IN)   Steel 63 85 6 54
5. Ambuja Cements (XL, IN)  Construction Materials
5. Ambuja Cements (XL, IN)   Construction Materials 33 37 98 53
6. Steel Authority of India (XXL, IN)  Steel
6. Steel Authority of India (XXL, IN)   Steel 66 75 17 52
7. UltraTech Cement (XL, IN)  Construction Materials
7. UltraTech Cement (XL, IN)   Construction Materials 26 91 34 51
8. UPL (XL, IN)  Fertilizers & Agricultural Chemicals
8. UPL (XL, IN)   Fertilizers & Agricultural Chemicals 81 21 28 28
9. Vedanta (XXL, IN)  Diversified Metals & Mining
9. Vedanta (XXL, IN)   Diversified Metals & Mining 46 53 7 12
10. Tata Steel (XXL, IN)  Steel
10. Tata Steel (XXL, IN)   Steel 45 43 9 7

April 18, 2024

Why popular stocks have low ratings

It’s easier said than done. When your stock drops, it’s easy to want to sell it and find a better performer. Think twice, or even three times, before trading. Those fees (especially the hidden ones) can eat up your gains.

Large companies - similar region as Asian Paints

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Hero Motocorp (XL, IN)  Motorcycle Manufacturers
1. Hero Motocorp (XL, IN)   Motorcycle Manufacturers 85 93 57 100
2. SBI Life Insurance (XL, IN)  Life & Health Insurance
2. SBI Life Insurance (XL, IN)   Life & Health Insurance 25 75 87 97
3. HDFC Life Insurance (XL, IN)  Life & Health Insurance
3. HDFC Life Insurance (XL, IN)   Life & Health Insurance 22 43 100 96
4. NMDC (XL, IN)  Steel
4. NMDC (XL, IN)   Steel 34 99 91 96
5. Gail (XXL, IN)  Gas Utilities
5. Gail (XXL, IN)   Gas Utilities 59 89 71 96
6. Canara Bank (XXL, IN)  Diversified Banks
6. Canara Bank (XXL, IN)   Diversified Banks 55 83 74 94
7. Power Finance (XL, IN)  Specialized Finance
7. Power Finance (XL, IN)   Specialized Finance 57 97 43 93
8. ICICI Prudential Life Insurance (XL, IN)  Life & Health Insurance
8. ICICI Prudential Life Insurance (XL, IN)   Life & Health Insurance 17 69 100 92
9. Bajaj Auto (XL, IN)  Motorcycle Manufacturers
9. Bajaj Auto (XL, IN)   Motorcycle Manufacturers 43 89 85 91
10. HCL (XL, IN)  IT Consulting & oth. Services
10. HCL (XL, IN)   IT Consulting & oth. Services 58 81 61 89

April 18, 2024


Find more stock ideas
Use your own criteria to filter for stocks or sign up for the latest Top 10 Stock tips.
Log in or Sign up

Mid sized companies - similar industry as Asian Paints

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Kansai Nerolac Paints (L, IN)  Commodity Chemicals
1. Kansai Nerolac Paints (L, IN)   Commodity Chemicals 77 75 62 100
2. Coromandel International (L, IN)  Fertilizers & Agricultural Chemicals
2. Coromandel International (L, IN)   Fertilizers & Agricultural Chemicals 77 49 62 82
3. Deepak Nitrite (L, IN)  Commodity Chemicals
3. Deepak Nitrite (L, IN)   Commodity Chemicals 35 87 68 80
4. Bayer CropScience (M, IN)  Fertilizers & Agricultural Chemicals
4. Bayer CropScience (M, IN)   Fertilizers & Agricultural Chemicals 39 69 82 80
5. The Supreme Industries (L, IN)  Commodity Chemicals
5. The Supreme Industries (L, IN)   Commodity Chemicals 9 75 86 76
6. Castrol India (M, IN)  Commodity Chemicals
6. Castrol India (M, IN)   Commodity Chemicals 12 85 75 66
7. Sumitomo Chemical India (M, IN)  Fertilizers & Agricultural Chemicals
7. Sumitomo Chemical India (M, IN)   Fertilizers & Agricultural Chemicals 27 41 100 66
8. PI Industries (M, IN)  Fertilizers & Agricultural Chemicals
8. PI Industries (M, IN)   Fertilizers & Agricultural Chemicals 27 53 84 60
9. Atul (M, IN)  Diversified Chemicals
9. Atul (M, IN)   Diversified Chemicals 43 11 92 32
10. Tata Chemicals (L, IN)  Commodity Chemicals
10. Tata Chemicals (L, IN)   Commodity Chemicals 83 5 40 24

April 18, 2024


Mid sized companies - similar region as Asian Paints

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Kansai Nerolac Paints (L, IN)  Commodity Chemicals
1. Kansai Nerolac Paints (L, IN)   Commodity Chemicals 77 75 62 100
2. Tata Elxsi (M, IN)  Systems Software
2. Tata Elxsi (M, IN)   Systems Software 10 73 71 98
3. Ajanta Pharma (M, IN)  Pharmaceuticals
3. Ajanta Pharma (M, IN)   Pharmaceuticals 39 87 86 98
4. Gujarat State Petronet (L, IN)  Gas Utilities
4. Gujarat State Petronet (L, IN)   Gas Utilities 47 85 87 96
5. Emami (M, IN)  Personal Products
5. Emami (M, IN)   Personal Products 73 75 52 94
6. Sun TV Network (M, IN)  Broadcasting
6. Sun TV Network (M, IN)   Broadcasting 49 68 98 94
7. Escorts (L, IN)  Agricultural Machinery
7. Escorts (L, IN)   Agricultural Machinery 32 93 98 94
8. ICICI Securities (M, IN)  Investment Banking & Brokerage
8. ICICI Securities (M, IN)   Investment Banking & Brokerage 43 91 64 94
9. CESC (L, IN)  Electric Utilities
9. CESC (L, IN)   Electric Utilities 53 93 63 92
10. Indiabulls Housing Finance (L, IN)  Thrifts & Mortgage Finance
10. Indiabulls Housing Finance (L, IN)   Thrifts & Mortgage Finance 71 39 100 92

April 18, 2024



Obermatt Portfolio Performance
We’re so convinced about our research, that we buy our stock tips.
See the performance of the Obermatt portfolio.