-2.01%
5.58%
-4.72%
1.35%
11.44%
22.02%
25.41%
AI Spotlight on AXTA
Company Description
Axalta Coating Systems Ltd., through its subsidiaries, manufactures, markets, and distributes high-performance coatings systems in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America.It operates through two segments, Performance Coatings and Transportation Coatings.The company offers water and solvent-borne products and systems to repair damaged vehicles for independent body shops, multi-shop operators, and original equipment manufacturer (OEM) dealership body shops.
It also provides functional and decorative liquid, and powder coatings used in various industrial applications, including architectural cladding and fittings, automotive coatings, general industrial, job coaters, energy solutions, HVAC, appliances, industrial wood, coil, and oil and gas pipelines; and coatings for building materials, cabinet, wood and luxury vinyl flooring, and furniture market under the Voltatex, AquaEC, Durapon, Hydropon, UNRIVALED, Tufcote, and Ceranamel for liquid coatings; and Alesta, Nap-Gard, Abcite, Teodur, and Plascoat brands for powder coatings.In addition, the company develops and supplies electrocoat, primer, the basecoat, and clearcoat products for OEMs of light and commercial vehicles; and coatings systems for various commercial applications, including HDT, bus, and rail under the Imron, Imron Elite, Centari, Rival, Corlar epoxy undercoats, and AquaEC brands.It also sells its product under the Audurra, Challenger, Chemophan, ColorNet, Cromax, Cromax Mosaic, Durapon 70, Duxone, Harmonized Coating Technologies, Imron ExcelPro, Lutophen, Nason, Spies Hecker, Standox, Stollaquid, Syntopal, Syrox, Raptor, U-POL, and Vermeera brand names.
The company was formerly known as Axalta Coating Systems Bermuda Co., Ltd.and changed its name to Axalta Coating Systems Ltd.in August 2014.
Axalta Coating Systems Ltd.was founded in 1866 and is headquartered in Philadelphia, Pennsylvania.
Market Data
| Last Price | 36.13 |
| Change Percentage | -2.01% |
| Open | 37.06 |
| Previous Close | 36.87 |
| Market Cap ( Millions) | 7879 |
| Volume | 305522 |
| Year High | 41.66 |
| Year Low | 30.4 |
| M A 50 | 37.23 |
| M A 200 | 35.74 |
Financial Ratios
| FCF Yield | 6.57% |
| Dividend Yield | 0.00% |
| ROE | 18.33% |
| Debt / Equity | 185.04% |
| Net Debt / EBIDTA | 289.26% |
| Price To Book | 4.15 |
| Price Earnings Ratio | 24.18 |
| Price To FCF | 15.23 |
| Price To sales | 1.5 |
| EV / EBITDA | 10.6 |
News
- Jan -24 - Will Axalta Coating Systems (AXTA) Beat Estimates Again in Its Next Earnings Report?
- Jan -24 - Axalta and Durr Team Up to Provide Digital Paint Solution
- Jan -23 - Axalta Appoints Tim Bowes as President, Global Industrial Coatings
- Jan -22 - Axalta and Dürr Partner on Automotive Digital Paint Technology
- Jan -21 - Axalta Announces Launch of Innovative Axalta Fellows Forum
- Dec -17 - Axalta Coating transferred with an Outperform at Evercore ISI
- Dec -12 - Zacks Industry Outlook Axalta Coating Systems, Ingevity and AdvanSix
- Dec -11 - 3 Chemical Specialty Stocks to Watch Amid Industry Challenges
- Dec -09 - AXTA vs. HWKN: Which Stock Is the Better Value Option?
- Nov -22 - Axalta Wins Another Distinguished R&D 100 Award for Innovation
- Nov -21 - Is Axalta Coating Systems (AXTA) Outperforming Other Basic Materials Stocks This Year?
- Nov -20 - AXTA or HWKN: Which Is the Better Value Stock Right Now?
- Nov -18 - Axalta Marks 10 Years as a Public Company by Ringing the Opening Bell® at the New York Stock Exchange on November 18, 2024
- Nov -05 - Are Basic Materials Stocks Lagging Axalta Coating Systems (AXTA) This Year?
- Nov -04 - Is Axalta Coating Systems (AXTA) a Solid Growth Stock? 3 Reasons to Think "Yes"
- Nov -04 - AXTA vs. NVZMY: Which Stock Is the Better Value Option?
- Oct -30 - Axalta Coating Systems Ltd. (AXTA) Q3 2024 Earnings Call Transcript
- Oct -30 - Compared to Estimates, Axalta Coating Systems (AXTA) Q3 Earnings: A Look at Key Metrics
- Oct -30 - Axalta Coating Systems (AXTA) Q3 Earnings and Revenues Beat Estimates
- Oct -30 - Axalta Releases Third Quarter 2024 Results
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Performance Coatings
Expected Growth : 3.5 %
What the company do ?
Performance Coatings from Axalta Coating Systems Ltd. offers a range of coatings for industrial, transportation, and architectural applications, providing corrosion protection and aesthetic appeal.
Why we expect these perspectives ?
Axalta's Performance Coatings segment growth of 3.5% is driven by increasing demand for sustainable and eco-friendly coatings in the automotive and industrial markets, coupled with the company's strategic expansion into emerging markets and continuous innovation in coating technologies.
Segment n°2 -> Mobility Coatings
Expected Growth : 2.8 %
What the company do ?
Mobility Coatings from Axalta Coating Systems Ltd. provides advanced coatings for electric vehicles, autonomous vehicles, and urban air mobility, enhancing durability and sustainability.
Why we expect these perspectives ?
Axalta's Mobility Coatings segment growth of 2.8% is driven by increasing demand for sustainable and eco-friendly coatings in the automotive industry, coupled with the company's strategic expansion into emerging markets and continuous innovation in coating technologies, such as waterborne and powder coatings.
Axalta Coating Systems Ltd. Products
| Product Range | What is it ? |
|---|---|
| Refinish Coatings | A wide range of coatings for the automotive refinish market, including basecoats, clearcoats, and single-stage urethanes. |
| Light Vehicle OEM Coatings | Coatings for original equipment manufacturers (OEMs) of light vehicles, including e-coats, primers, basecoats, and clearcoats. |
| Commercial Vehicle OEM Coatings | Coatings for OEMs of commercial vehicles, including trucks, buses, and trailers. |
| Industrial Coatings | Coatings for a variety of industrial applications, including coil coatings, general industrial coatings, and powder coatings. |
| Electrocoat (E-Coat) Products | Electrocoat products for a variety of applications, including automotive, industrial, and architectural coatings. |
Axalta Coating Systems Ltd.'s Porter Forces
Threat Of Substitutes
Axalta Coating Systems Ltd. operates in a niche market with high barriers to entry, reducing the threat of substitutes. However, the company's products are not entirely unique, and customers may find alternative solutions.
Bargaining Power Of Customers
Axalta Coating Systems Ltd. has a diverse customer base, reducing the bargaining power of individual customers. Additionally, the company's products are often customized, making it difficult for customers to switch suppliers.
Bargaining Power Of Suppliers
Axalta Coating Systems Ltd. relies on a few key suppliers for raw materials, giving them some bargaining power. However, the company's large scale of operations and long-term contracts mitigate this risk.
Threat Of New Entrants
The coatings industry has high barriers to entry, including significant capital expenditures and regulatory hurdles. This limits the threat of new entrants and allows Axalta Coating Systems Ltd. to maintain its market position.
Intensity Of Rivalry
The coatings industry is highly competitive, with several established players competing for market share. Axalta Coating Systems Ltd. must continually innovate and improve its products to maintain its market position.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 67.18% |
| Debt Cost | 7.97% |
| Equity Weight | 32.82% |
| Equity Cost | 11.51% |
| WACC | 9.13% |
| Leverage | 204.68% |
Axalta Coating Systems Ltd. : Quality Control
Axalta Coating Systems Ltd. passed 4 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| WDFC | WD-40 Company develops and sells maintenance products, and homecare and cleaning products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company provides multi-purpose maintenance products … |
| AVNT | Avient Corporation provides specialized formulator, services, and sustainable material solutions in the United States, Canada, Mexico, Europe, South America, and Asia. It operates through three segments: Color, Additives and Inks; … |
| KWR | Quaker Chemical Corporation develops, produces, and markets various formulated chemical specialty products for a range of heavy industrial and manufacturing applications. The company operates through four segments: Americas; Europe, Middle … |
| AVTR | Avantor, Inc. provides products and services to customers in biopharma, healthcare, education and government, advanced technologies, and applied materials industries in the Americas, Europe, Asia, the Middle East, and Africa. … |
| ALB | Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. It operates through three segments: Lithium, Bromine, and Catalysts. The Lithium segment offers lithium compounds, including lithium carbonate, lithium hydroxide, … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Avient
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Albemarle
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Axalta Coating Systems
A-Score
1-Year Total Return ->
4
Avantor
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5
WD-40
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1-Year Total Return ->
6
