(PPG) PPG Industries - Overview
Stock: Paints, Coatings, Sealants, Adhesives, Substrates
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 2.60% |
| Yield on Cost 5y | 2.75% |
| Yield CAGR 5y | 5.31% |
| Payout Consistency | 100.0% |
| Payout Ratio | 37.1% |
| Risk 5d forecast | |
|---|---|
| Volatility | 24.4% |
| Relative Tail Risk | -0.80% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.39 |
| Alpha | 0.14 |
| Character TTM | |
|---|---|
| Beta | 0.962 |
| Beta Downside | 0.757 |
| Drawdowns 3y | |
|---|---|
| Max DD | 37.41% |
| CAGR/Max DD | 0.06 |
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) 8.0
| Net Income: 1.58b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.09 > 0.02 and ΔFCF/TA 2.54 > 1.0 |
| NWC/Revenue: 19.27% < 20% (prev 10.09%; Δ 9.18% < -1%) |
| CFO/TA 0.18 > 3% & CFO 1.40b > Net Income 1.58b |
| Net Debt (5.28b) to EBITDA (2.81b): 1.88 < 3 |
| Current Ratio: 1.62 > 1.5 & < 3 |
| Outstanding Shares: last quarter (225.2m) vs 12m ago -3.88% < -2% |
| Gross Margin: 40.47% > 18% (prev 0.41%; Δ 4006 % > 0.5%) |
| Asset Turnover: 115.9% > 50% (prev 78.66%; Δ 37.25% > 0%) |
| Interest Coverage Ratio: 9.49 > 6 (EBITDA TTM 2.81b / Interest Expense TTM 241.0m) |
Altman Z'' 10.00
| A: 0.38 (Total Current Assets 7.96b - Total Current Liabilities 4.90b) / Total Assets 7.96b |
| B: 2.86 (Retained Earnings 22.80b / Total Assets 7.96b) |
| C: 0.17 (EBIT TTM 2.29b / Avg Total Assets 13.70b) |
| D: -0.31 (Book Value of Equity -3.54b / Total Liabilities 11.50b) |
| Altman-Z'' Score: 12.66 = AAA |
What is the price of PPG shares?
Over the past week, the price has changed by +8.63%, over one month by +20.14%, over three months by +31.88% and over the past year by +13.79%.
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 | 123.8 | -2.2% |
| Analysts Target Price | 123.8 | -2.2% |
| ValueRay Target Price | 140.4 | 11% |
PPG Fundamental Data Overview February 09, 2026
P/E Forward = 15.7978
P/S = 1.7986
P/B = 3.1134
P/EG = 1.6124
Revenue TTM = 15.88b USD
EBIT TTM = 2.29b USD
EBITDA TTM = 2.81b USD
Long Term Debt = 5.90b USD (from longTermDebt, two quarters ago)
Short Term Debt = 844.0m USD (from shortTermDebt, last quarter)
Debt = 7.45b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 5.28b USD (from netDebt column, last quarter)
Enterprise Value = 33.78b USD (28.55b + Debt 7.45b - CCE 2.22b)
Interest Coverage Ratio = 9.49 (Ebit TTM 2.29b / Interest Expense TTM 241.0m)
EV/FCF = 46.59x (Enterprise Value 33.78b / FCF TTM 725.0m)
FCF Yield = 2.15% (FCF TTM 725.0m / Enterprise Value 33.78b)
FCF Margin = 4.57% (FCF TTM 725.0m / Revenue TTM 15.88b)
Net Margin = 9.93% (Net Income TTM 1.58b / Revenue TTM 15.88b)
Gross Margin = 40.47% ((Revenue TTM 15.88b - Cost of Revenue TTM 9.45b) / Revenue TTM)
Gross Margin QoQ = 37.40% (prev 40.57%)
Tobins Q-Ratio = 4.24 (Enterprise Value 33.78b / Total Assets 7.96b)
Interest Expense / Debt = 0.78% (Interest Expense 58.0m / Debt 7.45b)
Taxrate = 20.05% (78.0m / 389.0m)
NOPAT = 1.83b (EBIT 2.29b * (1 - 20.05%))
Current Ratio = 1.62 (Total Current Assets 7.96b / Total Current Liabilities 4.90b)
Debt / Equity = -2.10 (negative equity) (Debt 7.45b / totalStockholderEquity, last quarter -3.54b)
Debt / EBITDA = 1.88 (Net Debt 5.28b / EBITDA 2.81b)
Debt / FCF = 7.29 (Net Debt 5.28b / FCF TTM 725.0m)
Total Stockholder Equity = 4.69b (last 4 quarters mean from totalStockholderEquity)
RoA = 11.51% (Net Income 1.58b / Total Assets 7.96b)
RoE = 33.60% (Net Income TTM 1.58b / Total Stockholder Equity 4.69b)
RoCE = 21.58% (EBIT 2.29b / Capital Employed (Equity 4.69b + L.T.Debt 5.90b))
RoIC = 12.40% (NOPAT 1.83b / Invested Capital 14.74b)
WACC = 7.63% (E(28.55b)/V(36.00b) * Re(9.46%) + D(7.45b)/V(36.00b) * Rd(0.78%) * (1-Tc(0.20)))
Discount Rate = 9.46% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -2.58%
[DCF Debug] Terminal Value 79.27% ; FCFF base≈945.8m ; Y1≈932.3m ; Y5≈959.2m
Fair Price DCF = 57.63 (EV 18.22b - Net Debt 5.28b = Equity 12.93b / Shares 224.4m; r=7.63% [WACC]; 5y FCF grow -2.27% → 2.90% )
EPS Correlation: 35.72 | EPS CAGR: 2.63% | SUE: -1.73 | # QB: 0
Revenue Correlation: -39.38 | Revenue CAGR: -2.53% | SUE: 0.15 | # QB: 0
EPS next Quarter (2026-03-31): EPS=1.71 | Chg30d=-0.065 | Revisions Net=-8 | Analysts=19
EPS current Year (2026-12-31): EPS=8.02 | Chg30d=-0.058 | Revisions Net=-13 | Growth EPS=+5.8% | Growth Revenue=+3.2%
EPS next Year (2027-12-31): EPS=8.71 | Chg30d=-0.094 | Revisions Net=-11 | Growth EPS=+8.6% | Growth Revenue=+2.9%