PPG

PPG Industries, Inc.

Fundamental data last updated:September 28, 2026

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company profile

SECTOR

Basic Materials

industry

Chemicals - Specialty

Exchange

NYSE

County of HQ

US

Next Earnings Date

Pending Announcement

Business Summary

PPG Industries, Inc. manufactures and distributes paints, coatings, and specialty materials worldwide. The company's Performance Coatings segment offers coatings, solvents, adhesives, sealants, sundries, and software for automotive and commercial transport/fleet repair and refurbishing, light industrial coatings, and specialty coatings for signs; and coatings, sealants, transparencies, transparent armor, adhesives, engineered materials, and packaging and chemical management services for commercial, military, regional jet, and general aviation aircraft. It also provides coatings and finishes for the protection of metals and structures, such as metal fabricators, heavy duty maintenance contractors, and manufacturers of ships, bridges, and rail cars; paints, wood stains, adhesives, and purchased sundries for painting and maintenance contractors, and consumers for decoration and maintenance of residential and commercial building structures; and paints, thermoplastics, pavement marking products, and other technologies for pavement marking. The company's Industrial Coatings segment offers coatings, adhesives and sealants, and metal pretreatments, as well as services and coatings applications for appliances, agricultural and construction equipment, consumer electronics, automotive parts and accessories, building products, kitchenware, and transportation vehicles and other finished products; and on-site coatings services. It also provides coatings for metal cans, closures, plastic tubes, and promotional and specialty packaging; amorphous precipitated silica for tire, battery separator, and other end-uses; TESLIN substrates for labels, e-passports, drivers' licenses, breathable membranes, and loyalty and identification cards; and organic light emitting diode materials, displays and lighting lens materials, optical lenses, color-change products, and photochromic dyes. The company was incorporated in 1883 and is headquartered in Pittsburgh, Pennsylvania.

 


VALUATION

P/E

16.01

Market Cap ($M USD)

$25.29B

Forward P/E

10.84

PEG

0.23

PRICE TO SALES

1.57

PRICE TO BOOK

3.13

EV / EBITDA

11.26

5-Year Average P/E

Free Cash Flow Yield

4.85%

DCF Value

$151.21

Graham Number

$76.00

Price to FCF

20.61

EV to FCF

25.63

Earnings Yield

6.25%

FCF Yield

4.85%

DIVIDEND

Yield

2.50%

Annual Payout

$2.84

Payout Ratio

39.94%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

$7.09

Next Year EPS Growth Estimate

$10.47

Next Year Revenue Growth Estimate

$17.96B

Return on Equity (ROE)

31.80%

FREE CASH FLOW

Operating Margin

12.80%

Debt-to-Equity

-2.10

Piotroski F-Score

8

Altman Z-Score

3.75

Return on Invested Capital (ROIC)

12.00%

Current Ratio

1.61

Quick Ratio

1.17

Net Debt to EBITDA

2.21

Interest Coverage

8.39

Gross Profit margin

40.56%

FCF PER SHARE

$5.49

REVENUE PER SHARE

$72.07

Gainseekers Quantitative Analysis

Summary

PPG Industries appears undervalued when juxtaposed with its DCF Value, suggesting a potential market mispricing. The Forward P/E of 10.93 indicates a bargain relative to its growth prospects, while the robust Earnings Yield of 6.46% underscores its profitability. With an Altman Z-score of 3.75, the company stands on solid financial ground, signaling low bankruptcy risk. These metrics collectively paint a picture of a financially healthy company with room for appreciation.

AI Exposure / Tech Reliance

Operating in the Chemicals - Specialty industry, PPG Industries is well-positioned to leverage AI and modern technology to enhance its manufacturing processes and supply chain efficiency. The sector's inherent demand for innovation in materials science aligns well with tech advancements. This adaptability could provide a competitive edge in product development and operational efficiency.

The Bull Case

For the discerning GARP investor, PPG Industries offers compelling reasons to invest. The impressive ROIC of 12% highlights its capital efficiency, while a Piotroski F-Score of 8 signals strong financial health. With a Free Cash Flow Yield of 5.02%, the company demonstrates effective cash generation, supporting its 12.8% operating margin. These factors suggest robust pricing power and operational excellence, making it an attractive buy.

The Bear Case

Despite its strengths, PPG Industries is not without vulnerabilities. The Price/Book ratio of 3.03 and Price/Sales ratio of 1.52 suggest a premium valuation that could deter value investors. Additionally, the EV to FCF ratio of 24.93 indicates potential overvaluation relative to cash flow. These metrics, coupled with its proximity to the 52-week high, raise concerns about its current price level.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Buy

Average Analyst Price Target

$127.67

Institutional Ownership %

1-Year Beta

1.05

Insider Buying % (6 Mo)

Distance to 52-Week High

17.62%

Distance to 52-Week Low

17.67%

EARNINGS SURPRISE %

2.81%

50-DAY SMA

$107.09

200-DAY SMA

$107.55

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.