AkzoNobel: From Chemicals, To Paint, To Potential Upside At The Right Value

  • AkzoNobel is attractively valued versus peers, offering a strong 3.3%+ yield and robust fundamentals with low leverage and good cost control. The company's global diversification, especially in growth regions, and its leading brands like Dulux provide a competitive moat and earnings stability. Current portfolio review and restructuring efforts should unlock further value, with upside potential even at conservative valuation multiples.