AI Spotlight on PPG
Company Description
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.
Market Data
Last Price | 122.75 |
Change Percentage | 0.30% |
Open | 122.17 |
Previous Close | 122.38 |
Market Cap ( Millions) | 28478 |
Volume | 2767783 |
Year High | 145.6 |
Year Low | 113 |
M A 50 | 121.49 |
M A 200 | 126.53 |
Financial Ratios
FCF Yield | 4.50% |
Dividend Yield | 2.17% |
ROE | 18.97% |
Debt / Equity | 93.34% |
Net Debt / EBIDTA | 208.81% |
Price To Book | 3.68 |
Price Earnings Ratio | 19.27 |
Price To FCF | 22.23 |
Price To sales | 1.58 |
EV / EBITDA | 11.97 |
News
- 02:02 - PPG Industries (PPG) Reports Q4 Earnings: What Key Metrics Have to Say
- 01:35 - PPG Industries (PPG) Q4 Earnings and Revenues Lag Estimates
- Jan -30 - PPG reports fourth quarter and full-year 2024 financial results
- Jan -29 - PPG recognized on Fortune magazine's βWorld's Most Admired Companies' list for 17th Consecutive Year
- Jan -28 - Can The Magnificent 7 Maintain An Upbeat Earnings Season?
- Jan -27 - PPG Industries to Post Q4 Earnings: What's in the Offing?
- Jan -22 - PPG Industries: Updating 'Buy' For 2025
- Jan -17 - 7 A-Rated Dividend Aristocrat Bargains With Big Upside Potential In 2025
- Jan -16 - PPG Board of Directors announce quarterly dividend of 68 cents per share
- Jan -15 - Buy 3 'Safer' Dividend Kings Of 25 From 53Β For January
- Jan -07 - PPG to announce fourth-quarter and full-year 2024 results Jan. 30
- Dec -17 - PPG price target lowered to $145 from $152 at Evercore ISI
- Dec -17 - PPG donates digital refinish tools to 15 vocational schools across Europe
- Dec -13 - Buy 6 December Dividend Kings But Watch 22 With 'Safer' Dividends
- Dec -10 - PPG again recognized among Foundry's Computerworld's Best Places to Work in IT
- Dec -10 - PPG Wraps Up On-site Solar Installation at Caivano Facility
- Dec -09 - PPG recognized in Newsweek's America's Most Responsible Companies list for fifth consecutive year
- Dec -06 - These 5 Stocks Have 50 Years of Dividend GrowthβHere's How to Find More
- Dec -05 - PPG completes on-site solar installation at Caivano, Italy facility
- Dec -03 - PPG Wraps Up Sale of Architectural Coatings U.S. & Canada Business
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Performance Coatings
Expected Growth : 2.5 %
What the company do ?
Performance Coatings from PPG Industries, Inc. provides coatings and paints for various industries, including automotive, industrial, and architectural markets.
Why we expect these perspectives ?
PPG Industries' Performance Coatings segment growth of 2.5% is driven by increasing demand for automotive refinish coatings, growth in the aerospace market, and expansion in emerging markets. Additionally, the company's focus on innovative products, such as its B1:B2 paint system, and strategic acquisitions are contributing to the segment's growth.
Segment nΒ°2 -> Industrial Coatings
Expected Growth : 1.8 %
What the company do ?
Industrial Coatings from PPG Industries, Inc. provide protective and decorative finishes for various industries, including automotive, aerospace, and construction.
Why we expect these perspectives ?
PPG Industries' Industrial Coatings segment growth of 1.8% is driven by increasing demand from the automotive and aerospace industries, as well as growing adoption of sustainable and eco-friendly coatings. Additionally, the company's strategic acquisitions and investments in emerging markets, such as Asia and Latin America, are contributing to its growth.
Ppg Industries, Inc. Products
Product Range | What is it ? |
---|---|
Coatings | PPG Industries offers a wide range of coatings for various industries, including automotive, industrial, and architectural markets. |
Optical Products | PPG Industries provides optical products, including sunglasses, goggles, and lenses, for various industries, including aerospace, automotive, and sports. |
Specialty Materials | PPG Industries offers specialty materials, including silica, silicates, and zeolites, for various industries, including construction, consumer goods, and pharmaceuticals. |
Composites | PPG Industries provides composite materials, including fiberglass, carbon fiber, and hybrid materials, for various industries, including aerospace, automotive, and industrial markets. |
Silicas | PPG Industries offers silicas, including precipitated silica and silica gel, for various industries, including construction, consumer goods, and pharmaceuticals. |
PPG Industries, Inc.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for PPG Industries, Inc. is medium due to the availability of alternative products and services in the coatings and specialty materials industry.
Bargaining Power Of Customers
The bargaining power of customers for PPG Industries, Inc. is low due to the company's strong brand reputation and diversified customer base.
Bargaining Power Of Suppliers
The bargaining power of suppliers for PPG Industries, Inc. is medium due to the presence of multiple suppliers in the market, but the company's large scale of operations gives it some bargaining power.
Threat Of New Entrants
The threat of new entrants for PPG Industries, Inc. is low due to the high barriers to entry in the coatings and specialty materials industry, including significant capital requirements and regulatory hurdles.
Intensity Of Rivalry
The intensity of rivalry for PPG Industries, Inc. is high due to the presence of several established players in the coatings and specialty materials industry, leading to intense competition for market share.
Capital Structure
Value | |
---|---|
Debt Weight | 44.35% |
Debt Cost | 4.80% |
Equity Weight | 55.65% |
Equity Cost | 10.40% |
WACC | 7.92% |
Leverage | 79.70% |
PPG Industries, Inc. : Quality Control
PPG Industries, Inc. passed 6 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
Company | Rational |
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IFF | International Flavors & Fragrances Inc., together with its subsidiaries, manufactures and sells cosmetic active and natural health ingredients for use in various consumer products in Europe, Africa, the Middle East, β¦ |
DD | DuPont de Nemours, Inc. provides technology-based materials and solutions in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa. It operates through three segments: β¦ |
SHW | The Sherwin-Williams Company develops, manufactures, distributes, and sells paints, coatings, and related products to professional, industrial, commercial, and retail customers. It operates through three segments: The Americas Group, Consumer Brands β¦ |
ECL | Ecolab Inc. provides water, hygiene, and infection prevention solutions and services in the United States and internationally. The company operates through Global Industrial, Global Institutional & Specialty, and Global Healthcare β¦ |
APD | Air Products and Chemicals, Inc. provides atmospheric gases, process and specialty gases, equipment, and services worldwide. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as β¦ |