I see a couple of options. The CF icons are nice, but they don't allow as flexible formulas as you can do when you design your own.
When you said that the column contained some text, I wasn't sure if it contained just the name of the car (Kia) or Kia was in a sentence. I designed a formula that handles both.
| G | H | I | J | K | L |
---|
| | | | | | |
| | | | | | |
List | Car | Color | | | | |
| | | | | | |
I own a Nissan. | | | | | | |
| | | | | | |
| | | | | | |
| | | | | | |
| | | | | | |
| | | | | | |
| | | | | | |
| | | | | | |
| | | | | | |
<tbody>
[TD="align: center"]1[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: center"]2[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: center"]3[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: center"]4[/TD]
[TD="align: right"][/TD]
[TD="bgcolor: #00B050"]My VW is pretty.[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="bgcolor: #FAFAFA"]VW[/TD]
[TD="bgcolor: #FAFAFA"]Green[/TD]
[TD="align: center"]5[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="bgcolor: #FAFAFA"]Fiat[/TD]
[TD="bgcolor: #FAFAFA"]Amber[/TD]
[TD="align: center"]6[/TD]
[TD="align: right"][/TD]
[TD="bgcolor: #FFD966"]Land Rover[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="bgcolor: #FAFAFA"]BMW[/TD]
[TD="bgcolor: #FAFAFA"]Red[/TD]
[TD="align: center"]7[/TD]
[TD="align: right"][/TD]
[TD="bgcolor: #FF0000"]Jeeps are tough.[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="bgcolor: #FAFAFA"]Land Rover[/TD]
[TD="bgcolor: #FAFAFA"]Amber[/TD]
[TD="align: center"]8[/TD]
[TD="align: right"][/TD]
[TD="bgcolor: #FFD966"]Fiat[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="bgcolor: #FAFAFA"]Kia[/TD]
[TD="bgcolor: #FAFAFA"]Green[/TD]
[TD="align: center"]9[/TD]
[TD="align: right"][/TD]
[TD="bgcolor: #00B050"]Kia[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="bgcolor: #FAFAFA"]Skoda[/TD]
[TD="bgcolor: #FAFAFA"]Amber[/TD]
[TD="align: center"]10[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="bgcolor: #FAFAFA"]Honda[/TD]
[TD="bgcolor: #FAFAFA"]Red[/TD]
[TD="align: center"]11[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="bgcolor: #FAFAFA"]Jeep[/TD]
[TD="bgcolor: #FAFAFA"]Red[/TD]
[TD="align: center"]12[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: center"]13[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
</tbody>
Sheet8
The lookup table I have in K3:L11, and my list is in column H. Select column H, click Conditional Formatting > New Rule > Use a formula > and enter:
=SUMPRODUCT(--ISNUMBER(SEARCH($K$4:$K$11,H1)),--($L$4:$L$11="Green"))*(H1<>"")
Then click on Format... and pick a green fill color.
Repeat the steps twice more, changing Green to Amber and Red, and you'll get the layout as shown above.
Second option is to put this formula in I4:
=MATCH(INDEX($L$4:$L$11,MIN(IF(ISNUMBER(SEARCH($K$4:$K$11,H4)),ROW($K$4:$K$11)-ROW($K$4)+1))),{"Red","Amber","Green"},0)
confirm it with Control+Shift+Enter, and drag down.
Then select column I and pick the traffic lights icon set. You'll get the traffic lights in the next column. (The screen shot doesn't show the icons.)
Row 5, which has no match, gets green because green is the first color in L4:L11.
| H | I | J | K | L |
---|
List | Car | Color | | | |
| | | | | |
I own a Nissan. | | | | | |
| | | | | |
| | | | | |
| | | | | |
| | | | | |
| | | | | |
| | | | | |
| | | | | |
<tbody>
[TD="align: center"]3[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: center"]4[/TD]
[TD="bgcolor: #00B050"]My VW is pretty.[/TD]
[TD="align: right"]3[/TD]
[TD="align: right"][/TD]
[TD="bgcolor: #FAFAFA"]VW[/TD]
[TD="bgcolor: #FAFAFA"]Green[/TD]
[TD="align: center"]5[/TD]
[TD="align: right"]3[/TD]
[TD="align: right"][/TD]
[TD="bgcolor: #FAFAFA"]Fiat[/TD]
[TD="bgcolor: #FAFAFA"]Amber[/TD]
[TD="align: center"]6[/TD]
[TD="bgcolor: #FFD966"]Land Rover[/TD]
[TD="align: right"]2[/TD]
[TD="align: right"][/TD]
[TD="bgcolor: #FAFAFA"]BMW[/TD]
[TD="bgcolor: #FAFAFA"]Red[/TD]
[TD="align: center"]7[/TD]
[TD="bgcolor: #FF0000"]Jeeps are tough.[/TD]
[TD="align: right"]1[/TD]
[TD="align: right"][/TD]
[TD="bgcolor: #FAFAFA"]Land Rover[/TD]
[TD="bgcolor: #FAFAFA"]Amber[/TD]
[TD="align: center"]8[/TD]
[TD="bgcolor: #FFD966"]Fiat[/TD]
[TD="align: right"]2[/TD]
[TD="align: right"][/TD]
[TD="bgcolor: #FAFAFA"]Kia[/TD]
[TD="bgcolor: #FAFAFA"]Green[/TD]
[TD="align: center"]9[/TD]
[TD="bgcolor: #00B050"]Kia[/TD]
[TD="align: right"]3[/TD]
[TD="align: right"][/TD]
[TD="bgcolor: #FAFAFA"]Skoda[/TD]
[TD="bgcolor: #FAFAFA"]Amber[/TD]
[TD="align: center"]10[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="bgcolor: #FAFAFA"]Honda[/TD]
[TD="bgcolor: #FAFAFA"]Red[/TD]
[TD="align: center"]11[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="bgcolor: #FAFAFA"]Jeep[/TD]
[TD="bgcolor: #FAFAFA"]Red[/TD]
[TD="align: center"]12[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
</tbody>
Sheet8
Let me know if either works for you.