PPG Industries, Inc. (PPG)
Total Valuation
PPG Industries has a market cap or net worth of $34.10 billion. The enterprise value is $39.38 billion.
Market Cap | 34.10B |
Enterprise Value | 39.38B |
Important Dates
The next confirmed earnings date is Thursday, April 18, 2024, after market close.
Earnings Date | Apr 18, 2024 |
Ex-Dividend Date | Feb 15, 2024 |
Share Statistics
PPG Industries has 235.36 million shares outstanding. The number of shares has increased by 0.33% in one year.
Shares Outstanding | 235.36M |
Shares Change (YoY) | +0.33% |
Shares Change (QoQ) | +0.12% |
Owned by Insiders (%) | 0.31% |
Owned by Institutions (%) | 83.51% |
Float | 234.39M |
Valuation Ratios
The trailing PE ratio is 27.08 and the forward PE ratio is 16.88. PPG Industries's PEG ratio is 1.25.
PE Ratio | 27.08 |
Forward PE | 16.88 |
PS Ratio | 1.87 |
Forward PS | 1.80 |
PB Ratio | 4.35 |
P/FCF Ratio | 18.32 |
PEG Ratio | 1.25 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 15.67, with an EV/FCF ratio of 21.15.
EV / Earnings | 31.01 |
EV / Sales | 2.16 |
EV / EBITDA | 15.67 |
EV / EBIT | 20.14 |
EV / FCF | 21.15 |
Financial Position
The company has a current ratio of 1.47, with a Debt / Equity ratio of 0.88.
Current Ratio | 1.47 |
Quick Ratio | 0.96 |
Debt / Equity | 0.88 |
Debt / EBITDA | 2.73 |
Debt / FCF | 3.69 |
Interest Coverage | 7.92 |
Financial Efficiency
Return on equity (ROE) is 16.70% and return on invested capital (ROIC) is 9.80%.
Return on Equity (ROE) | 16.70% |
Return on Assets (ROA) | 5.80% |
Return on Capital (ROIC) | 9.80% |
Revenue Per Employee | $344,264 |
Profits Per Employee | $23,962 |
Employee Count | 53,000 |
Asset Turnover | 0.83 |
Inventory Turnover | 4.89 |
Taxes
In the past 12 months, PPG Industries has paid $439.00 million in taxes.
Income Tax | 439.00M |
Effective Tax Rate | 25.69% |
Stock Price Statistics
The stock price has increased by +14.80% in the last 52 weeks. The beta is 1.28, so PPG Industries's price volatility has been higher than the market average.
Beta (1Y) | 1.28 |
52-Week Price Change | +14.80% |
50-Day Moving Average | 141.31 |
200-Day Moving Average | 139.45 |
Relative Strength Index (RSI) | 59.70 |
Average Volume (30 Days) | 1,775,532 |
Short Selling Information
The latest short interest is 3.93 million, so 1.67% of the outstanding shares have been sold short.
Short Interest | 3.93M |
Short Previous Month | 2.72M |
Short % of Shares Out | 1.67% |
Short % of Float | 1.68% |
Short Ratio (days to cover) | 2.08 |
Income Statement
In the last 12 months, PPG Industries had revenue of $18.25 billion and earned $1.27 billion in profits. Earnings per share was $5.35.
Revenue | 18.25B |
Gross Profit | 7.50B |
Operating Income | 1.94B |
Pretax Income | 1.71B |
Net Income | 1.27B |
EBITDA | 2.51B |
EBIT | 1.96B |
Earnings Per Share (EPS) | $5.35 |
Balance Sheet
The company has $1.59 billion in cash and $6.87 billion in debt, giving a net cash position of -$5.28 billion or -$22.44 per share.
Cash & Cash Equivalents | 1.59B |
Total Debt | 6.87B |
Net Cash | -5.28B |
Net Cash Per Share | -$22.44 |
Equity / Book Value | 7.83B |
Book Value Per Share | 33.28 |
Working Capital | 2.38B |
Cash Flow
In the last 12 months, operating cash flow was $2.41 billion and capital expenditures -$549.00 million, giving a free cash flow of $1.86 billion.
Operating Cash Flow | 2.41B |
Capital Expenditures | -549.00M |
Free Cash Flow | 1.86B |
FCF Per Share | $7.90 |
Margins
Gross margin is 41.11%, with operating and profit margins of 10.62% and 6.96%.
Gross Margin | 41.11% |
Operating Margin | 10.62% |
Pretax Margin | 9.37% |
Profit Margin | 6.96% |
EBITDA Margin | 13.78% |
EBIT Margin | 10.72% |
FCF Margin | 10.20% |
Dividends & Yields
This stock pays an annual dividend of $2.60, which amounts to a dividend yield of 1.79%.
Dividend Per Share | $2.60 |
Dividend Yield | 1.79% |
Dividend Growth (YoY) | 4.90% |
Years of Dividend Growth | 53 |
Payout Ratio | 48.60% |
Buyback Yield | -0.33% |
Shareholder Yield | 1.47% |
Earnings Yield | 3.72% |
FCF Yield | 5.46% |
Analyst Forecast
The average price target for PPG Industries is $157.33, which is 8.58% higher than the current price. The consensus rating is "Buy".
Price Target | $157.33 |
Price Target Difference | 8.58% |
Analyst Consensus | Buy |
Analyst Count | 17 |
Revenue Growth Forecast (5Y) | 3.12% |
EPS Growth Forecast (5Y) | 15.48% |
Stock Splits
The last stock split was on June 15, 2015. It was a forward split with a ratio of 2:1.
Last Split Date | Jun 15, 2015 |
Split Type | Forward |
Split Ratio | 2:1 |
Scores
PPG Industries has an Altman Z-Score of 4.17 and a Piotroski F-Score of 7.
Altman Z-Score | 4.17 |
Piotroski F-Score | 7 |