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PPG Industries Inc Stock Research

PPG

126.55USD+1.12(+0.89%)Market Closed

Market Summary

USD126.55+1.12
Market Closed
0.89%

PPG Stock Price

PPG RSI Chart

PPG Valuation

Market Cap

26.8B

Price/Earnings (Trailing)

24.98

Price/Sales (Trailing)

1.52

EV/EBITDA

12.8

Price/Free Cashflow

85.72

PPG Price/Sales (Trailing)

PPG Profitability

EBT Margin

7.82%

Return on Equity

15.56%

Return on Assets

4.95%

Free Cashflow Yield

1.17%

PPG Fundamentals

PPG Revenue

Revenue (TTM)

17.7B

Revenue Y/Y

-0.12%

Revenue Q/Q

-6.33%

PPG Earnings

Earnings (TTM)

1.0B

Earnings Y/Y

-16.78%

Earnings Q/Q

-27.66%

Price Action

52 Week Range

105.98137.74
(Low)(High)

Last 7 days

-4.4%

Last 30 days

-2.1%

Last 90 days

-2.6%

Trailing 12 Months

3.2%

PPG Financial Health

Current Ratio

1.52

PPG Investor Care

Diluted EPS (TTM)

4.32

Peers (Alternatives to PPG Industries)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
27.7B
50.5B
-16.68% -7.27%
7.12
0.55
9.27% -30.76%
26.8B
17.7B
-2.11% 3.18%
24.98
1.52
5.06% -28.70%
25.1B
7.3B
-20.57% 18.26%
9.35
3.44
119.96% 2074.96%
21.3B
12.4B
-14.07% -30.43%
-11.45
1.72
6.73% -768.10%
11.0B
7.1B
-4.95% 4.88%
20.6
1.54
13.30% 17.31%
MID-CAP
5.3B
4.9B
-4.95% 17.14%
26.11
1.1
10.60% -27.40%
3.5B
3.4B
-2.52% -21.58%
5
1.04
2.46% 204.64%
3.4B
2.8B
-2.30% 6.20%
12.09
1.22
17.35% 46.43%
SMALL-CAP
970.8M
1.9B
-18.23% -28.96%
5.65
0.5
15.49% 22.96%
809.2M
1.6B
-13.12% -14.17%
10.8
0.56
31.14% -22.26%
703.1M
5.0B
-24.28% -54.90%
-1.63
0.14
2.86% -197.93%
428.8M
258.8M
-24.68% -69.95%
-1.26
1.66
-27.46% 18.54%
412.9M
1.7B
-8.23% -1.55%
-27.68
0.24
22.00% -122.46%

Financials for PPG Industries

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue0.0%17,65217,65717,56117,22916,802
  S&GA Expenses-0.7%3,8423,8713,8903,8633,780
EBITDA6.4%2,1021,9761,9882,005-
EBITDA Margin6.4%0.12*0.11*0.11*0.12*-
Earnings Before Taxes2.8%1,3811,3441,3671,3941,815
EBT Margin2.8%0.08*0.08*0.08*0.08*-
Interest Expenses16.0%167144128121121
Net Income-5.4%1,0261,0841,0991,0861,439
Net Income Margin-5.3%0.06*0.06*0.06*0.06*-
Free Cahsflow42.2%445313352796-
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets-0.6%20,74420,86821,57221,88821,351
  Current Assets-4.2%7,1737,4907,7567,6276,774
    Cash Equivalents6.8%1,0991,0299319601,005
  Inventory-5.8%2,2722,4112,4812,4392,171
  Net PPE6.0%3,3283,1403,2143,3223,442
  Goodwill3.3%6,0785,8846,1196,2326,248
Liabilities-4.7%14,03514,72415,28115,55514,940
  Current Liabilities-4.2%4,7214,9265,1655,1724,766
    LT Debt, Non Current0.4%6,5036,4786,7666,8346,572
Shareholder's Equity9.2%6,5926,0346,2916,3336,286
  Retained Earnings0.4%20,82820,73620,55220,25120,372
  Additional Paid-In Capital0.7%1,1301,1221,1111,0931,081
Accumulated Depreciation-1.5%4,4354,5034,5644,532-
Minority Interest6.4%117110109115125
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations15.7%9638328451,2811,562
  Share Based Compensation-22.2%35.0045.0040.0046.0057.00
Cashflow From Investing-23.3%-461-374-312-2,163-2,404
Cashflow From Financing28.1%-409-569-74867.0093.00
  Dividend Payments1.1%570564559547536
  Buy Backs-25.0%190253350160210

Risks for PPG

What is the probability of a big loss on PPG?

54.2%


Probability that PPG Industries stock will be more than 20% underwater in next one year

35.8%


Probability that PPG Industries stock will be more than 30% underwater in next one year.

15.4%


Probability that PPG Industries stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does PPG drawdown profile look like?

Y-axis is the maximum loss one would have experienced if PPG Industries was unfortunately bought at previous high price.

Drawdowns

Returns for PPG

Cumulative Returns on PPG

7.6%


10-Year Cumulative Returns

4.0%


7-Year Cumulative Returns

3.4%


5-Year Cumulative Returns

11.8%


3-Year Cumulative Returns

What are the long-term rolling returns for PPG?

FIve years rolling returns for PPG Industries.

Annualized Returns

Which funds bought or sold PPG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-15
B. Riley Wealth Advisors, Inc.
added
1.11
55,596
433,596
0.01%
2023-03-13
Claro Advisors LLC
sold off
-100
-275,000
-
-%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
added
12.89
11,267,500
51,165,500
0.06%
2023-03-10
MATHER GROUP, LLC.
added
0.69
142,851
1,133,850
0.02%
2023-03-06
Rockefeller Capital Management L.P.
added
2,931
30,179,000
31,081,000
0.16%
2023-03-03
TIAA, FSB
reduced
-6.93
174,016
3,210,020
0.01%
2023-03-01
Meixler Investment Management, Ltd.
reduced
-2.8
180,001
1,907,000
1.91%
2023-03-01
Lakewood Asset Management LLC
new
-
8,000
8,000
0.01%
2023-02-28
Voya Investment Management LLC
reduced
-6.48
1,319,100
22,467,100
0.03%
2023-02-27
Parallax Volatility Advisers, L.P.
reduced
-21.88
-144,550
1,138,450
-%

1–10 of 46

Latest Funds Activity

Are funds buying PPG calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own PPG
No. of Funds

PPG Industries News

Seeking Alpha

Retiree's Dividend Portfolio: SVB's Failure Presents Opportunity.

Seeking Alpha,
38 hours ago

Digital Journal

Investor's Business Daily

Schedule 13G FIlings of PPG Industries

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
vanguard group inc
8.81%
20,701,127
SC 13G/A
Feb 08, 2023
massachusetts financial services co /ma/
6.1%
14,451,181
SC 13G/A
Feb 06, 2023
wellington management group llp
6.49%
15,255,645
SC 13G
Jan 25, 2023
jpmorgan chase & co
7.5%
17,752,958
SC 13G/A
Jan 25, 2023
blackrock inc.
8.8%
20,729,550
SC 13G/A
Feb 10, 2022
vanguard group inc
8.39%
19,927,841
SC 13G/A
Feb 02, 2022
massachusetts financial services co /ma/
6.4%
15,305,016
SC 13G/A
Feb 01, 2022
blackrock inc.
9.0%
21,452,009
SC 13G/A
Jan 26, 2022
jpmorgan chase & co
7.4%
17,589,219
SC 13G
Feb 11, 2021
massachusetts financial services co /ma/
7.4%
17,439,571
SC 13G/A

PPG Fair Value

PPG Industries fair value in different scenarios

The table shows the Fair Value estimates for PPG Industries for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

50.36

-60.21%

65.45

-48.28%

77.48

-38.78%

95.66

-24.41%

128.11

1.23%
Current Inflation

47.55

-62.43%

61.18

-51.66%

69.65

-44.96%

85.27

-32.62%

112.32

-11.24%
Very High Inflation

43.96

-65.26%

55.80

-55.91%

60.38

-52.29%

73.06

-42.27%

94.13

-25.62%

Historical PPG Industries Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of PPG Industries

View All Filings
Date Filed Form Type Document
Mar 16, 2023
4
Insider Trading
Mar 16, 2023
4
Insider Trading
Mar 16, 2023
4
Insider Trading
Mar 16, 2023
4
Insider Trading
Mar 13, 2023
4
Insider Trading
Mar 13, 2023
4
Insider Trading
Mar 13, 2023
4
Insider Trading
Mar 13, 2023
4
Insider Trading
Mar 13, 2023
4
Insider Trading
Mar 13, 2023
4
Insider Trading

Latest Insider Trading transactions for PPG

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-02-28
Williams Brian Richard
acquired
-
-
111
vice president and controller
2023-02-22
MCGARRY MICHAEL H
gifted
-
-
-385
executive chairman
2023-02-21
MCGARRY MICHAEL H
gifted
-
-
-1,054
executive chairman
2023-02-17
MCGARRY MICHAEL H
gifted
-
-
-1,268
executive chairman
2023-02-15
RAMAPRASAD VADLAMANNATI
acquired
-
-
2,657
svp, global operations
2023-02-15
Williams Brian Richard
sold (taxes)
-16,642
131
-127
vice president and controller
2023-02-15
Foulkes Anne M.
sold (taxes)
-88,189
131
-673
sr. vp and general counsel
2023-02-15
Ericson Amy R.
sold (taxes)
-93,955
131
-717
sr. vp, p&m coatings
2023-02-15
RAMAPRASAD VADLAMANNATI
sold (taxes)
-156,724
131
-1,196
svp, global operations
2023-02-15
MCGARRY MICHAEL H
acquired
-
-
24,351
executive chairman

1–10 of 50

Michael H. McGarry
49300
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.

PPG Income Statement

2022-12-31
Consolidated Statement of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]   
Net sales$ 17,652$ 16,802$ 13,834
Cost of sales, exclusive of depreciation and amortization11,09610,2867,777
Selling, general and administrative3,8423,7803,389
Depreciation388389371
Amortization166172138
Research and development, net448439379
Interest expense167121138
Interest income(54)(26)(23)
Impairment and other related charges, net2452193
Pension settlement charge0500
Asbestos-related claims reserve adjustment0(133)0
Business restructuring, net3331174
Other (income)/charges, net(60)(143)36
Income before income taxes1,3811,8151,362
Income tax expense325374291
Income from continuing operations1,0561,4411,071
(Loss)/income from discontinued operations, net of tax(2)193
Net income attributable to the controlling and noncontrolling interests1,0541,4601,074
Less: Net income attributable to noncontrolling interests282115
Net income (attributable to PPG)1,0261,4391,059
Income from continuing operations, net of tax1,0281,4201,056
(Loss)/income from discontinued operations, net of tax$ (2)$ 19$ 3
Earnings per common share   
Continuing operations (in dollars per share)$ 4.35$ 5.98$ 4.46
Discontinued operations (in dollars per share)(0.01)0.080.01
Net Income (attributable to PPG) (in dollars per share)4.346.064.47
Earnings per common share - assuming dilution   
Continuing operations (in dollars per share)4.335.934.44
Discontinued operations (in dollars per share)(0.01)0.080.01
Net Income (attributable to PPG) (in dollars per share)$ 4.32$ 6.01$ 4.45

PPG Balance Sheet

2022-12-31
Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Current assets  
Cash and cash equivalents$ 1,099$ 1,005
Short-term investments5567
Receivables3,3033,152
Inventories2,2722,171
Other current assets444379
Total current assets7,1736,774
Property, plant and equipment, net3,3283,442
Goodwill6,0786,248
Identifiable intangible assets, net2,4142,783
Deferred income taxes95197
Investments244274
Operating lease right-of-use assets829891
Other assets583742
Total20,74421,351
Current liabilities  
Accounts payable and accrued liabilities4,0874,392
Restructuring reserves138173
Short-term debt and current portion of long-term debt3139
Current portion of operating lease liabilities183192
Total current liabilities4,7214,766
Long-term debt6,5036,572
Operating lease liabilities636693
Accrued pensions566834
Other postretirement benefits476672
Deferred income taxes501646
Other liabilities632757
Total liabilities14,03514,940
Commitments and contingent liabilities (See Note 15)
Shareholders’ equity  
Common stock969969
Additional paid-in capital1,1301,081
Retained earnings20,82820,372
Treasury stock, at cost(13,525)(13,386)
Accumulated other comprehensive loss(2,810)(2,750)
Total PPG shareholders’ equity6,5926,286
Noncontrolling interests117125
Total shareholders’ equity6,7096,411
Total$ 20,744$ 21,351