(PPG) PPG Industries - Ratings and Ratios
Paints, Coatings, Sealants, Adhesives, Substrates
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 2.60% |
| Yield on Cost 5y | 2.86% |
| Yield CAGR 5y | 5.31% |
| Payout Consistency | 100.0% |
| Payout Ratio | - |
| Risk via 5d forecast | |
|---|---|
| Volatility | 20.5% |
| Value at Risk 5%th | 34.2% |
| Relative Tail Risk | 1.67% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.31 |
| Alpha | -23.31 |
| CAGR/Max DD | -0.09 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.451 |
| Beta | 0.979 |
| Beta Downside | 0.671 |
| Drawdowns 3y | |
|---|---|
| Max DD | 37.41% |
| Mean DD | 14.83% |
| Median DD | 14.48% |
Description: PPG PPG Industries December 19, 2025
PPG Industries (NYSE:PPG) is a global manufacturer and distributor of paints, coatings, and specialty materials, operating across North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa. The business is organized into three segments: Global Architectural Coatings (paints, wood stains, adhesives for contractors and DIY markets), Performance Coatings (aerospace, automotive, infrastructure and packaging solutions) and Industrial Coatings (metal pretreatments, specialty packaging, OLED and optical materials, and on-site services).
Key recent data points: FY 2023 revenue was approximately $19.2 billion with an adjusted operating margin near 13%, reflecting strong pricing power in the high-margin aerospace and automotive coating lines. The segment’s performance is closely tied to macro-drivers such as U.S. residential construction spending (which grew ~4% YoY in 2023) and global automotive production volumes (which rebounded ~7% after pandemic lows). Raw-material costs, especially petrochemical feedstocks, remain a material risk, as they can compress margins when oil prices spike.
For a deeper dive into PPG’s valuation metrics and scenario analysis, the ValueRay platform offers a concise, data-driven toolkit worth exploring.
Piotroski VR‑10 (Strict, 0-10) 6.5
| Net Income: 996.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA -2.57 > 1.0 |
| NWC/Revenue: 18.48% < 20% (prev 16.70%; Δ 1.79% < -1%) |
| CFO/TA 0.06 > 3% & CFO 1.40b > Net Income 996.0m |
| Net Debt (6.08b) to EBITDA (2.39b): 2.55 < 3 |
| Current Ratio: 1.47 > 1.5 & < 3 |
| Outstanding Shares: last quarter (226.5m) vs 12m ago -3.33% < -2% |
| Gross Margin: 40.46% > 18% (prev 0.42%; Δ 4004 % > 0.5%) |
| Asset Turnover: 64.21% > 50% (prev 79.93%; Δ -15.72% > 0%) |
| Interest Coverage Ratio: 7.94 > 6 (EBITDA TTM 2.39b / Interest Expense TTM 240.0m) |
Altman Z'' 6.30
| A: 0.12 (Total Current Assets 8.22b - Total Current Liabilities 5.61b) / Total Assets 22.14b |
| B: 1.03 (Retained Earnings 22.80b / Total Assets 22.14b) |
| C: 0.09 (EBIT TTM 1.91b / Avg Total Assets 22.00b) |
| D: 1.52 (Book Value of Equity 21.51b / Total Liabilities 14.19b) |
| Altman-Z'' Score: 6.30 = AAA |
Beneish M -2.93
| DSRI: 1.26 (Receivables 3.72b/3.65b, Revenue 14.13b/17.47b) |
| GMI: 1.04 (GM 40.46% / 42.25%) |
| AQI: 0.99 (AQ_t 0.43 / AQ_t-1 0.44) |
| SGI: 0.81 (Revenue 14.13b / 17.47b) |
| TATA: -0.02 (NI 996.0m - CFO 1.40b) / TA 22.14b) |
| Beneish M-Score: -2.93 (Cap -4..+1) = A |
ValueRay F-Score (Strict, 0-100) 57.21
| 1. Piotroski: 6.50pt |
| 2. FCF Yield: 2.30% |
| 3. FCF Margin: 5.13% |
| 4. Debt/Equity: 1.01 |
| 5. Debt/Ebitda: 2.55 |
| 6. ROIC - WACC: 3.16% |
| 7. RoE: 13.70% |
| 8. Revenue Trend: -37.05% |
| 9. EPS Trend: data missing |
What is the price of PPG shares?
Over the past week, the price has changed by +1.17%, over one month by +5.78%, over three months by +5.36% and over the past year by -8.93%.
Is PPG a buy, sell or hold?
- StrongBuy: 7
- Buy: 2
- Hold: 17
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the PPG price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 119.2 | 8% |
| Analysts Target Price | 119.2 | 8% |
| ValueRay Target Price | 116.6 | 5.7% |
PPG Fundamental Data Overview January 28, 2026
P/E Forward = 13.986
P/S = 1.6205
P/B = 3.2305
P/EG = 0.7856
Revenue TTM = 14.13b USD
EBIT TTM = 1.91b USD
EBITDA TTM = 2.39b USD
Long Term Debt = 5.90b USD (from longTermDebt, last quarter)
Short Term Debt = 1.55b USD (from shortTermDebt, last quarter)
Debt = 7.91b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 6.08b USD (from netDebt column, last quarter)
Enterprise Value = 31.51b USD (25.43b + Debt 7.91b - CCE 1.83b)
Interest Coverage Ratio = 7.94 (Ebit TTM 1.91b / Interest Expense TTM 240.0m)
EV/FCF = 43.46x (Enterprise Value 31.51b / FCF TTM 725.0m)
FCF Yield = 2.30% (FCF TTM 725.0m / Enterprise Value 31.51b)
FCF Margin = 5.13% (FCF TTM 725.0m / Revenue TTM 14.13b)
Net Margin = 7.05% (Net Income TTM 996.0m / Revenue TTM 14.13b)
Gross Margin = 40.46% ((Revenue TTM 14.13b - Cost of Revenue TTM 8.41b) / Revenue TTM)
Gross Margin QoQ = 40.57% (prev 42.03%)
Tobins Q-Ratio = 1.42 (Enterprise Value 31.51b / Total Assets 22.14b)
Interest Expense / Debt = 0.82% (Interest Expense 65.0m / Debt 7.91b)
Taxrate = 21.22% (118.0m / 556.0m)
NOPAT = 1.50b (EBIT 1.91b * (1 - 21.22%))
Current Ratio = 1.47 (Total Current Assets 8.22b / Total Current Liabilities 5.61b)
Debt / Equity = 1.01 (Debt 7.91b / totalStockholderEquity, last quarter 7.80b)
Debt / EBITDA = 2.55 (Net Debt 6.08b / EBITDA 2.39b)
Debt / FCF = 8.39 (Net Debt 6.08b / FCF TTM 725.0m)
Total Stockholder Equity = 7.27b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.53% (Net Income 996.0m / Total Assets 22.14b)
RoE = 13.70% (Net Income TTM 996.0m / Total Stockholder Equity 7.27b)
RoCE = 14.47% (EBIT 1.91b / Capital Employed (Equity 7.27b + L.T.Debt 5.90b))
RoIC = 10.57% (NOPAT 1.50b / Invested Capital 14.20b)
WACC = 7.41% (E(25.43b)/V(33.34b) * Re(9.52%) + D(7.91b)/V(33.34b) * Rd(0.82%) * (1-Tc(0.21)))
Discount Rate = 9.52% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 725.0m)
Revenue Correlation: -37.05 | Revenue CAGR: -0.69% | SUE: N/A | # QB: 0
Additional Sources for PPG Stock
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