PPG Stock Analysis: PPG Industries | NYSE
Specialty Chemicals | NYSE, USA | Market Cap: 27.484m USD | 12M Return: 10.3% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 227M
EPS Trend: 41.5%
Qual. Beats: 1
Rev. Trend: -76.9%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
PPG Industries is a global manufacturer of paints, coatings, and specialty materials, headquartered in Pittsburgh, Pennsylvania and incorporated in 1883. The company is listed on the NYSE under the ticker PPG and is classified as a Large Cap stock within the Materials sector (Specialty Chemicals sub-industry), having IPOd on April 6, 1983.
PPG operates through three reportable segments: Global Architectural Coatings (decorative paints, adhesives, sealants, stains, and related chemicals sold to consumers and contractors); Performance Coatings (aerospace, automotive refinish, protective and marine coatings, and traffic/pavement marking solutions); and Industrial Coatings (automotive OEM, general industrial, packaging, and specialty products such as optical monomers and low-friction coatings).
Distribution is multi-channel and reflects the dual nature of the business model: architectural products reach end users through company-owned paint stores, home centers, retail outlets, dealers, and independent distributors, while industrial customers are served through company-owned distribution networks and direct sales to manufacturing and retail clients. PPGs global footprint spans the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa, making it a globally diversified coatings player with exposure to cyclical end-markets including construction, automotive OEM and refinish, aerospace, marine, and industrial manufacturing.
- Architectural coatings volume softens on weak U.S. housing demand
- Industrial Coatings margins pressured by raw material costs
- Aerospace coatings revenue accelerates with rising jet production
| Net Income: 1.58b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA 1.83 > 1.0 |
| NWC/Revenue: 18.71% < 20% (prev 14.08%; Δ 4.63% < -1%) |
| CFO/TA 0.09 > 3% & CFO 1.99b > Net Income 1.58b |
| Net Debt (6.69b) to EBITDA (2.85b): 2.35 < 3 |
| Current Ratio: 1.61 > 1.5 & < 3 |
| Outstanding Shares: last quarter (224.4m) vs 12m ago -1.97% < -2% |
| Gross Margin: 40.56% > 18% (prev 40.89%; Δ -0.33% > 0.5%) |
| Asset Turnover: 74.48% > 50% (prev 69.34%; Δ 5.14% > 0%) |
| Interest Coverage Ratio: 9.37 > 6 (EBIT TTM 2.31b / Interest Expense TTM 246.0m) |
| A: 0.14 (Total Current Assets 7.97b - Total Current Liabilities 4.95b) / Total Assets 22.1b |
| B: 1.05 (Retained Earnings 23.2b / Total Assets 22.1b) |
| C: 0.11 (EBIT TTM 2.31b / Avg Total Assets 21.6b) |
| D: 0.58 (Book Value of Equity 8.10b / Total Liabilities 13.9b) |
| Altman-Z'' = 5.63 = AAA |
| DSRI: 0.97 (Receivables 3.68b/3.43b, Revenue 16.1b/14.7b) |
| GMI: 1.01 (GM 40.89% / 40.56%) |
| AQI: 1.01 (AQ_t 0.43 / AQ_t-1 0.43) |
| SGI: 1.10 (Revenue 16.1b / 14.7b) |
| TATA: -0.02 (NI 1.58b - CFO 1.99b) / TA 22.1b) |
| Beneish M = -2.97 (Cap -4..+1) = A |
As of July 07, 2026, the stock is trading at USD 124.04 with a total of 1,255,980 shares traded. Over the past week, the price has changed by +0.65%, over one month by +9.89%, over three months by +20.21% and over the past year by +10.29%.
Current recommended Stop Loss: 119.30 (which is 3.8% or 1.4 ATR below the current price).
PPG Industries has received a consensus analysts rating of 3.78. Therefore, it is recommended to hold PPG.
- StrongBuy: 8
- Buy: 2
- Hold: 13
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 124.1 | 0% |
P/E Trailing = 17.6648
P/E Forward = 15.8228
P/S = 1.7329
P/B = 3.4472
P/EG = 1.9066
Revenue TTM = 16.1b USD
EBIT TTM = 2.31b USD
EBITDA TTM = 2.85b USD
Long Term Debt = 6.41b USD (from longTermDebt, last quarter)
Short Term Debt = 874.0m USD (from shortTermDebt, last quarter)
Debt = 8.32b USD (from shortLongTermDebtTotal, last quarter) + Leases 587.0m
Net Debt = 6.69b USD (calculated: Debt 8.32b - CCE 1.62b)
Enterprise Value = 34.2b USD (27.5b + Debt 8.32b - CCE 1.62b)
Interest Coverage Ratio = 9.37 (Ebit TTM 2.31b / Interest Expense TTM 246.0m)
EV/FCF = 27.85x (Enterprise Value 34.2b / FCF TTM 1.23b)
FCF Yield = 3.59% (FCF TTM 1.23b / Enterprise Value 34.2b)
FCF Margin = 7.61% (FCF TTM 1.23b / Revenue TTM 16.1b)
Net Margin = 9.83% (Net Income TTM 1.58b / Revenue TTM 16.1b)
Gross Margin = 40.56% ((Revenue TTM 16.1b - Cost of Revenue TTM 9.58b) / Revenue TTM)
Gross Margin QoQ = 42.11% (prev 37.40%)
Tobins Q-Ratio = 1.54 (Enterprise Value 34.2b / Total Assets 22.1b)
Interest Expense / Debt = 2.96% (Interest Expense 246.0m / Debt 8.32b)
Taxrate = 22.72% (468.0m / 2.06b)
NOPAT = 1.78b (EBIT 2.31b * (1 - 22.72%))
Current Ratio = 1.61 (Total Current Assets 7.97b / Total Current Liabilities 4.95b)
Debt / Equity = 1.03 (Debt 8.32b / totalStockholderEquity, last quarter 8.10b)
Debt / EBITDA = 2.35 (Net Debt 6.69b / EBITDA 2.85b)
Debt / FCF = 5.45 (Net Debt 6.69b / FCF TTM 1.23b)
Total Stockholder Equity = 4.98b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.32% (Net Income 1.58b / Total Assets 22.1b)
RoE = 31.80% (Net Income TTM 1.58b / Total Stockholder Equity 4.98b)
RoCE = 20.24% (EBIT 2.31b / Capital Employed (Equity 4.98b + L.T.Debt 6.41b))
RoIC = 10.32% (NOPAT 1.78b / Invested Capital 17.3b)
WACC = 7.38% (E(27.5b)/V(35.8b) * Re(8.92%) + D(8.32b)/V(35.8b) * Rd(2.96%) * (1-Tc(0.23)))
Discount Rate = 8.92% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -98.88 | Cagr: -2.45%
[DCF] Terminal Value 77.97% ; FCFF base≈1.05b ; Y1≈1.20b ; Y5≈1.77b
[DCF] Fair Price = 89.54 (EV 26.7b - Net Debt 6.69b = Equity 20.0b / Shares 222.9m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 41.54 | EPS CAGR: 1.95% | SUE: 1.18 | # QB: 1
Revenue Correlation: -76.94 | Revenue CAGR: -7.89% | SUE: 0.12 | # QB: 0
EPS current Quarter (2026-06-30): EPS=2.25 | Chg30d=+0.00% | Revisions=-6% | Analysts=17
EPS next Quarter (2026-09-30): EPS=2.13 | Chg30d=+0.29% | Revisions=+25% | Analysts=16
EPS current Year (2026-12-31): EPS=7.88 | Chg30d=+0.10% | Revisions=+25% | GrowthEPS=+3.9% | GrowthRev=+5.0%
EPS next Year (2027-12-31): EPS=8.67 | Chg30d=+0.06% | Revisions=+25% | GrowthEPS=+10.1% | GrowthRev=+3.5%
[Analyst] Revisions Ratio: +11% (up=9, down=7)