PPG Stock Analysis: PPG Industries | NYSE
Specialty Chemicals | NYSE, USA | Market Cap: 25.218m USD | 12M Return: 15.4% | US6935061076 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 182M
EPS Trend: -30.3%
Qual. Beats: 1
Rev. Trend: -46.3%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 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, Inc. is a global manufacturer and distributor of paints, coatings, and specialty materials, serving customers across the U.S., Canada, Asia Pacific, Latin America, Europe, the Middle East, and Africa. The company operates through three segments: Global Architectural Coatings, which supplies decorative coatings, adhesives, sealants, and related chemicals; Performance Coatings, which offers aerospace, automotive refinishing, protective and marine coatings, and traffic solutions such as pavement marking technologies; and Industrial Coatings, which provides automotive OEM, industrial, and packaging coatings along with specialty products like optical monomers and low-friction coatings. Products are delivered through company-owned stores, home centers, retail outlets, paint dealers, distributors, and direct sales to manufacturing and retail customers. Founded in 1883 and headquartered in Pittsburgh, Pennsylvania, PPG is listed on the NYSE under the ticker PPG and is classified within the Materials sector as a large-cap specialty chemicals company.
- Industrial coatings margins pressured by weak European auto OEM demand
- Architectural coatings sales track US housing and renovation cycle
- Aerospace coatings revenue grows on rising commercial aircraft build rates
| Net Income: 1.57b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA 1.38 > 1.0 |
| NWC/Revenue: 18.10% < 20% (prev 18.48%; Δ -0.39% < -1%) |
| CFO/TA 0.04 > 3% & CFO 887.0m > Net Income 1.57b |
| Net Debt (6.39b) to EBITDA (2.85b): 2.24 < 3 |
| Current Ratio: 1.58 > 1.5 & < 3 |
| Outstanding Shares: last quarter (223.2m) vs 12m ago -1.46% < -2% |
| Gross Margin: 40.09% > 18% (prev 40.46%; Δ -0.38% > 0.5%) |
| Asset Turnover: 74.65% > 50% (prev 63.79%; Δ 10.86% > 0%) |
| Interest Coverage Ratio: 9.03 > 6 (EBIT TTM 2.32b / Interest Expense TTM 257.0m) |
| A: 0.13 (Total Current Assets 8.24b - Total Current Liabilities 5.22b) / Total Assets 22.6b |
| B: 1.05 (Retained Earnings 23.7b / Total Assets 22.6b) |
| C: 0.10 (EBIT TTM 2.32b / Avg Total Assets 22.4b) |
| D: 0.61 (Book Value of Equity 8.49b / Total Liabilities 13.9b) |
| Altman-Z'' = 5.64 = AAA |
| DSRI: 0.88 (Receivables 3.86b/3.72b, Revenue 16.7b/14.1b) |
| GMI: 1.01 (GM 40.46% / 40.09%) |
| AQI: 0.98 (AQ_t 0.43 / AQ_t-1 0.43) |
| SGI: 1.18 (Revenue 16.7b / 14.1b) |
| TATA: 0.03 (NI 1.57b - CFO 887.0m) / TA 22.6b) |
| Beneish M = -3.00 (Cap -4..+1) = A |
As of October 29, 2026, the stock is trading at USD 118.44 with a total of 4,915,366 shares traded. Over the past week, the price has changed by +7.51%, over one month by +10.68%, over three months by +0.14% and over the past year by +15.41%.
Current recommended Stop Loss: 111.80 (which is 5.6% or 2.4 ATR below the current price).
PPG Industries has received a consensus analysts rating of 3.92. Therefore, it is recommended to buy PPG.
- StrongBuy: 10
- Buy: 3
- Hold: 12
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 125.5 | 6% |
P/E Trailing = 16.2989
P/E Forward = 12.7226
P/S = 1.5357
P/B = 2.8936
P/EG = 1.5704
Revenue TTM = 16.7b USD
EBIT TTM = 2.32b USD
EBITDA TTM = 2.85b USD
Long Term Debt = 6.60b USD (from longTermDebt, last fiscal year)
Short Term Debt = 813.0m USD (from shortTermDebt, last quarter)
Debt = 8.04b USD (from shortLongTermDebtTotal, last quarter) + Leases 573.0m
Net Debt = 6.39b USD (calculated: Debt 8.04b - CCE 1.64b)
Enterprise Value = 31.6b USD (25.2b + Debt 8.04b - CCE 1.64b)
Interest Coverage Ratio = 9.03 (Ebit TTM 2.32b / Interest Expense TTM 257.0m)
EV/FCF = 30.11x (Enterprise Value 31.6b / FCF TTM 1.05b)
FCF Yield = 3.32% (FCF TTM 1.05b / Enterprise Value 31.6b)
FCF Margin = 6.29% (FCF TTM 1.05b / Revenue TTM 16.7b)
Net Margin = 9.41% (Net Income TTM 1.57b / Revenue TTM 16.7b)
Gross Margin = 40.09% ((Revenue TTM 16.7b - Cost of Revenue TTM 10.0b) / Revenue TTM)
Gross Margin QoQ = 40.52% (prev 40.22%)
Tobins Q-Ratio = 1.40 (Enterprise Value 31.6b / Total Assets 22.6b)
Interest Expense / Debt = 3.20% (Interest Expense 257.0m / Debt 8.04b)
Taxrate = 23.27% (490.0m / 2.11b)
NOPAT = 1.78b (EBIT 2.32b * (1 - 23.27%))
Current Ratio = 1.58 (Total Current Assets 8.24b / Total Current Liabilities 5.22b)
Debt / Equity = 0.95 (Debt 8.04b / totalStockholderEquity, last quarter 8.49b)
Debt / EBITDA = 2.24 (Net Debt 6.39b / EBITDA 2.85b)
Debt / FCF = 6.09 (Net Debt 6.39b / FCF TTM 1.05b)
Total Stockholder Equity = 8.24b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.02% (Net Income 1.57b / Total Assets 22.6b)
RoE = 19.05% (Net Income TTM 1.57b / Total Stockholder Equity 8.24b)
RoCE = 15.64% (EBIT 2.32b / Capital Employed (Equity 8.24b + L.T.Debt 6.60b))
RoIC = 10.28% (NOPAT 1.78b / Invested Capital 17.3b)
WACC = 7.09% (E(25.2b)/V(33.3b) * Re(8.57%) + D(8.04b)/V(33.3b) * Rd(3.20%) * (1-Tc(0.23)))
Discount Rate = 8.57% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -95.99 | Cagr: -2.39%
[DCF] Terminal Value 77.97% ; FCFF base≈920.0m ; Y1≈1.05b ; Y5≈1.55b
[DCF] Fair Price = 76.31 (EV 23.4b - Net Debt 6.39b = Equity 17.0b / Shares 222.3m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -30.29 | EPS CAGR: -0.72% | SUE: 2.14 | # QB: 1
Revenue Correlation: -46.31 | Revenue CAGR: -4.38% | SUE: 0.11 | # QB: 0
EPS current Year (2026-12-31): EPS=7.88 | Chg30d=-0.19% | Revisions=-12% | GrowthEPS=+4.0% | GrowthRev=+5.8%
EPS next Year (2027-12-31): EPS=8.58 | Chg30d=-0.99% | Revisions=-38% | GrowthEPS=+8.8% | GrowthRev=+3.2%
[Analyst] Revisions Ratio: -31% (up=3, down=7)