AXTA - Axalta Coating Systems Ltd Stock Price, Fair Value and News

30.98USD+0.11 (+0.36%)Delayed as of 22 Apr 2024, 11:07 am ET

Market Summary

USD30.98+0.11

Delayedas of 22 Apr 2024, 11:07 am

0.36%

AXTA Stock Price

View Fullscreen

AXTA RSI Chart

AXTA Valuation

Market Cap

6.8B

Price/Earnings (Trailing)

25.4

Price/Sales (Trailing)

1.31

EV/EBITDA

11.35

Price/Free Cashflow

15.54

AXTA Price/Sales (Trailing)

AXTA Profitability

EBT Margin

6.84%

Return on Equity

15.49%

Return on Assets

3.68%

Free Cashflow Yield

6.44%

AXTA Fundamentals

AXTA Revenue

Revenue (TTM)

5.2B

Rev. Growth (Yr)

4.9%

Rev. Growth (Qtr)

-0.89%

AXTA Earnings

Earnings (TTM)

267.5M

Earnings Growth (Yr)

66.29%

Earnings Growth (Qtr)

0.14%

Breaking Down AXTA Revenue

52 Week Range

25.9733.68

(Low)(High)

Last 7 days

-2.7%

Last 30 days

-7.9%

Last 90 days

-4.8%

Trailing 12 Months

-2.6%

How does AXTA drawdown profile look like?

AXTA Financial Health

Current Ratio

1.98

Debt/Equity

2.01

Debt/Cashflow

0.17

AXTA Investor Care

Buy Backs (1Y)

0.41%

Diluted EPS (TTM)

1.21

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	5.0B	5.1B	5.1B	5.2B
2022	4.5B	4.6B	4.8B	4.9B
2021	3.8B	4.3B	4.4B	4.4B
2020	4.3B	3.8B	3.8B	3.7B
2019	4.6B	4.6B	4.5B	4.5B
2018	4.5B	4.7B	4.7B	4.7B
2017	4.1B	4.2B	4.2B	4.4B
2016	4.1B	4.0B	4.1B	4.1B
2015	4.3B	4.3B	4.2B	4.1B
2014	0	0	0	4.4B

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Axalta Coating Systems Ltd

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 03, 2024	bausch shelley j	acquired	-	-	3,845	president, glbl indu. coatings
Mar 03, 2024	bausch shelley j	sold (taxes)	-46,771	32.48	-1,440	president, glbl indu. coatings
Mar 03, 2024	weaver troy d.	acquired	-	-	3,845	president, global refinish
Mar 03, 2024	awada hadi	acquired	-	-	3,845	president, glbl mob. coatings
Mar 03, 2024	weaver troy d.	sold (taxes)	-53,072	32.48	-1,634	president, global refinish
Mar 03, 2024	awada hadi	sold (taxes)	-54,469	32.48	-1,677	president, glbl mob. coatings
Mar 03, 2024	massey anthony	sold (taxes)	-21,826	32.48	-672	vp, global controller, pao
Mar 03, 2024	massey anthony	acquired	-	-	2,478	vp, global controller, pao
Mar 03, 2024	tablin-wolf alex	sold (taxes)	-16,272	32.48	-501	svp, gc and corp. secretary
Mar 03, 2024	tablin-wolf alex	acquired	-	-	1,082	svp, gc and corp. secretary

Which funds bought or sold AXTA recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 18, 2024	FARMERS & MERCHANTS INVESTMENTS INC	unchanged	-	33.00	2,751	-%
Apr 18, 2024	Capital Advisors, Ltd. LLC	new	-	-	-	-%
Apr 18, 2024	STATE OF MICHIGAN RETIREMENT SYSTEM	added	2.27	63,444	1,857,060	0.01%
Apr 18, 2024	VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P.	reduced	-28.78	-21,004,000	54,289,000	0.48%
Apr 18, 2024	Oak Thistle LLC	sold off	-100	-984,689	-	-%
Apr 18, 2024	SJS Investment Consulting Inc.	unchanged	-	30.00	2,409	-%
Apr 18, 2024	Allspring Global Investments Holdings, LLC	reduced	-61.76	-7,363,980	4,650,940	0.01%
Apr 17, 2024	NEW MEXICO EDUCATIONAL RETIREMENT BOARD	sold off	-100	-1,532,000	-	-%
Apr 17, 2024	ATTICUS WEALTH MANAGEMENT, LLC	unchanged	-	609	49,900	0.02%
Apr 16, 2024	Perpetual Ltd	added	2.98	948,750	23,272,900	0.23%

Are Funds Buying or Selling AXTA?

Are funds buying AXTA calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own AXTA

No. of Funds

Unveiling Axalta Coating Systems Ltd's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	barrow hanley mewhinney & strauss llc	6.89%	15,164,061	SC 13G
Feb 13, 2024	boston partners	2.02%	4,434,912	SC 13G/A
Feb 13, 2024	vanguard group inc	10.55%	23,208,795	SC 13G/A
Feb 09, 2024	fmr llc	-	0	SC 13G
Feb 09, 2024	massachusetts financial services co /ma/	3.2%	7,135,669	SC 13G/A
Feb 01, 2024	blackrock inc.	10.7%	23,598,016	SC 13G/A
Jan 16, 2024	jpmorgan chase & co	6.2%	13,667,825	SC 13G/A
Sep 11, 2023	vanguard group inc	10.20%	22,613,813	SC 13G/A
Apr 06, 2023	blackrock inc.	11.7%	25,806,208	SC 13G/A
Feb 14, 2023	barrow hanley mewhinney & strauss llc	7.46%	16,446,927	SC 13G

Recent SEC filings of Axalta Coating Systems Ltd

View All Filings

Date Filed	Form Type	Document
Mar 21, 2024	8-K	Current Report
Mar 18, 2024	8-K	Current Report
Mar 05, 2024	4	Insider Trading
Mar 05, 2024	4	Insider Trading
Mar 05, 2024	4	Insider Trading
Mar 05, 2024	4	Insider Trading
Mar 05, 2024	4	Insider Trading
Mar 04, 2024	8-K	Current Report
Mar 01, 2024	4	Insider Trading
Mar 01, 2024	4	Insider Trading

Axalta Coating Systems Ltd News

Latest updates

Axalta Coating Systems Ltd Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-0.9%	1,297	1,309	1,294	1,284	1,237	1,239	1,235	1,174	1,137	1,089	1,127	1,064	1,075	1,027	653	984	1,098	1,107	1,158	1,119	1,166
S&GA Expenses	2.8%	215	209	210	206	201	186	192	194	194	181	184	179	179	167	154	195	205	199	202	216	131
R&D Expenses	-3.8%	18.00	19.00	19.00	19.00	17.00	17.00	17.00	16.00	16.00	15.00	16.00	16.00	14.00	13.00	11.00	17.00	17.00	17.00	18.00	18.00	19.00
EBITDA Margin	5.9%	0.16*	0.15*	0.15*	0.15*	0.14*	0.15*	0.16*	0.18*	0.18*	0.19*	0.19*	0.15*	-	-	-	-	-	-	-	-	-
Interest Expenses	0.5%	55.00	55.00	55.00	48.00	39.00	35.00	34.00	33.00	34.00	34.00	33.00	34.00	38.00	40.00	36.00	37.00	40.00	40.00	41.00	41.00	41.00
Income Taxes	-3.8%	28.00	29.00	13.00	15.00	14.00	22.00	19.00	11.00	9.00	24.00	39.00	4.00	23.00	17.00	-15.20	-24.60	27.00	18.00	18.00	14.00	6.00
Earnings Before Taxes	-0.8%	102	103	75.00	76.00	57.00	85.00	63.00	52.00	63.00	93.00	165	20.00	93.00	100	-98.40	28.00	69.00	85.00	118	58.00	83.00
EBT Margin	13.0%	0.07*	0.06*	0.06*	0.06*	0.05*	0.05*	0.06*	0.08*	0.08*	0.09*	0.09*	0.03*	-	-	-	-	-	-	-	-	-
Net Income	0.1%	73.00	73.00	61.00	61.00	44.00	62.00	44.00	41.00	53.00	69.00	126	16.00	70.00	83.00	-83.20	52.00	42.00	66.00	98.00	43.00	75.00
Net Income Margin	10.9%	0.05*	0.05*	0.05*	0.04*	0.04*	0.04*	0.04*	0.06*	0.06*	0.06*	0.07*	0.02*	-	-	-	-	-	-	-	-	-
Free Cashflow	41.8%	253	179	99.00	-93.20	202	44.00	-17.30	-86.40	246	105	79.00	8.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	3.9%	7,272	6,996	7,043	7,001	7,059	6,819	6,943	7,082	7,217	7,233	7,209	7,021	7,157	7,037	6,669	6,391	6,818	6,690	6,693	6,673	6,676
Current Assets	1.3%	2,821	2,786	2,690	2,624	2,693	2,668	2,578	2,516	2,576	2,514	3,048	2,891	2,926	2,850	2,480	2,189	2,573	2,433	2,312	2,262	2,310
Cash Equivalents	15.5%	700	606	518	512	645	517	500	576	841	628	1,231	1,267	1,364	1,341	1,124	657	1,021	767	577	501	696
Inventory	-1.2%	741	750	767	799	830	829	800	764	670	678	615	582	560	537	539	596	592	597	611	627	613
Net PPE	3.0%	1,204	1,169	1,197	1,204	1,190	1,122	1,153	1,184	1,186	1,194	1,183	1,164	1,195	1,165	1,158	1,163	1,223	1,217	1,259	1,274	1,298
Goodwill	7.2%	1,591	1,484	1,527	1,524	1,498	1,390	1,498	1,574	1,593	1,620	1,294	1,257	1,295	1,246	1,209	1,197	1,209	1,184	1,221	1,216	1,231
Liabilities	2.8%	5,499	5,347	5,354	5,385	5,560	5,500	5,570	5,660	5,679	5,746	5,674	5,615	5,677	5,652	5,410	5,050	5,408	5,350	5,386	5,394	5,365
Current Liabilities	5.1%	1,428	1,358	1,329	1,280	1,385	1,350	1,333	1,345	1,335	1,277	1,216	1,190	1,181	1,065	861	1,007	1,073	1,035	997	1,022	1,041
Long Term Debt	-0.9%	3,479	3,511	3,529	3,606	3,673	3,663	3,707	3,739	3,750	3,799	3,813	3,810	3,839	4,011	3,980	3,480	3,790	3,772	3,812	3,809	3,822
LT Debt, Non Current	-	3,479	-	-	-	3,673	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shareholder's Equity	7.7%	1,727	1,604	1,689	1,615	1,454	1,319	1,373	1,421	1,539	1,487	1,535	1,406	1,480	1,385	1,259	1,341	1,410	1,340	1,307	1,280	1,311
Retained Earnings	6.0%	1,286	1,213	1,140	1,079	1,019	975	913	869	827	774	705	579	563	494	411	494	443	402	336	241	199
Additional Paid-In Capital	0.5%	1,569	1,561	1,558	1,547	1,537	1,527	1,522	1,518	1,516	1,511	1,507	1,491	1,487	1,484	1,480	1,478	1,474	1,464	1,442	1,432	1,410
Shares Outstanding	-	-	-	-	-	-	-	-	-	252	-	-	-	251	-	-	-	250	-	-	-	-
Minority Interest	2.2%	46.00	45.00	45.00	45.00	46.00	46.00	47.00	46.00	46.00	46.00	47.00	46.00	47.00	45.00	46.00	50.00	55.00	54.00	55.00	73.00	105
Float	-	-	-	7,254	-	-	-	4,864	-	-	-	7,050	-	-	-	5,296	-	-	-	6,929	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	36.1%	286,000	210,100	131,000	-51,800	245,600	79,900	12,200	-43,900	268,600	142,900	107,500	39,600	278,400	233,400	-1,700	-800	283,300	221,000	126,700	-57,900	250,600
Share Based Compensation	21.1%	6,900	5,700	7,300	6,300	8,200	5,000	3,700	5,300	3,200	3,900	4,200	3,600	-800	4,700	6,100	5,100	6,200	4,200	-1,400	6,700	9,800
Cashflow From Investing	-413.5%	-141,200	-27,500	-31,500	-5,500	-38,500	-29,800	-27,800	-10,300	3,900	-628,600	-63,500	-27,800	-22,200	-5,000	-15,700	-18,600	-34,900	-25,300	-14,900	-18,800	-11,600
Cashflow From Financing	15.2%	-62,300	-73,500	-90,800	-88,400	-94,000	-14,700	-52,100	-208,100	-55,000	-109,600	-77,400	-92,500	-267,700	-22,300	480,400	-321,300	-13,400	2,900	-46,100	-101,800	-128,800
Buy Backs	-100.0%	-	50,000	-	-	-	-	25,000	175,100	30,000	90,100	60,000	63,700	25,100	-	900	-	-	-	39,600	65,700	106,000

AXTA Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Net sales	$ 5,184.1	$ 4,884.4	$ 4,416.2
Cost of goods sold	3,565.6	3,465.6	2,987.3
Selling, general and administrative expenses	840.1	772.4	738.7
Other operating charges	28.4	31.5	44.0
Research and development expenses	74.0	66.4	62.4
Amortization of acquired intangibles	88.5	125.3	121.4
Income from operations	587.5	423.2	462.4
Interest expense, net	213.3	139.8	134.2
Other expense (income), net	19.5	26.1	(12.3)
Income before income taxes	354.7	257.3	340.5
Provision for income taxes	86.2	65.1	76.1
Net income	268.5	192.2	264.4
Less: Net income attributable to noncontrolling interests	1.1	0.6	0.5
Net income attributable to common shareholders	$ 267.4	$ 191.6	$ 263.9
Basic net income per share (in dollars per share)	$ 1.21	$ 0.86	$ 1.14
Diluted net income per share (in dollars per share)	$ 1.21	$ 0.86	$ 1.14

AXTA Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 699.8	$ 645.2
Restricted cash	3.3	9.7
Accounts and notes receivable, net	1,259.9	1,067.4
Inventories	741.1	829.6
Prepaid expenses and other current assets	117.2	140.8
Total current assets	2,821.3	2,692.7
Property, plant and equipment, net	1,204.3	1,190.2
Goodwill	1,590.9	1,498.0
Identifiable intangibles, net	1,129.7	1,112.3
Other assets	525.9	566.0
Total assets	7,272.1	7,059.2
Current liabilities:
Accounts payable	724.9	733.5
Current portion of borrowings	25.7	31.0
Other accrued liabilities	676.9	620.2
Total current liabilities	1,427.5	1,384.7
Long-term borrowings	3,478.5	3,673.3
Accrued pensions	252.0	205.1
Deferred income taxes	162.3	162.1
Other liabilities	179.0	134.5
Total liabilities	5,499.3	5,559.7
Commitments and contingent liabilities (Note 5)
Shareholders' equity
Common shares, $1.00 par, 1,000.0 shares authorized, 253.7 and 252.4 shares issued at December 31, 2023 and 2022, respectively	253.7	252.4
Capital in excess of par	1,568.9	1,536.5
Retained earnings	1,286.2	1,018.8
Treasury shares, at cost, 33.6 and 31.8 shares at December 31, 2023 and 2022, respectively	(937.3)	(887.3)
Accumulated other comprehensive loss	(444.2)	(466.9)
Total Axalta shareholders' equity	1,727.3	1,453.5
Noncontrolling interests	45.5	46.0
Total shareholders' equity	1,772.8	1,499.5
Total liabilities and shareholders' equity	$ 7,272.1	$ 7,059.2

About Axalta Coating Systems Ltd

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 Mobility 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, and energy solutions; 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, MDT, 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. The company was founded in 1866 and is headquartered in Philadelphia, Pennsylvania.

CEO	Mr. Chrishan Anthon Sebastian Villavarayan
WEBSITE	axalta.com
INDUSTRY	Chemicals
EMPLOYEES	12000

Axalta Coating Systems Ltd Frequently Asked Questions

What is the ticker symbol for Axalta Coating Systems Ltd? What does AXTA stand for in stocks?

AXTA is the stock ticker symbol of Axalta Coating Systems Ltd. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Axalta Coating Systems Ltd (AXTA)?

As of Fri Apr 19 2024, market cap of Axalta Coating Systems Ltd is 6.8 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of AXTA stock?

You can check AXTA's fair value in chart for subscribers.

What is the fair value of AXTA stock?

You can check AXTA's fair value in chart for subscribers. The fair value of Axalta Coating Systems Ltd is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Axalta Coating Systems Ltd is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for AXTA so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Axalta Coating Systems Ltd a good stock to buy?

The fair value guage provides a quick view whether AXTA is over valued or under valued. Whether Axalta Coating Systems Ltd is cheap or expensive depends on the assumptions which impact Axalta Coating Systems Ltd's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for AXTA.

What is Axalta Coating Systems Ltd's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 19 2024, AXTA's PE ratio (Price to Earnings) is 25.4 and Price to Sales (PS) ratio is 1.31. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. AXTA PE ratio will change depending on the future growth rate expectations of investors.