PPG Industries manufactures and distributes coatings, specialty materials, and glass products. The company's Performance Coatings segment provides coatings products for automotive and commercial transport/fleet repair and refurbishing; light industrial and specialty coatings for signs; sealants, coatings, maintenance cleaners, and transparencies for commercial, military, regional jet and general aviation aircraft, and transparent armor for specialty applications; and chemical management services. The company was founded in 1883 and is based in Pittsburgh, Pennsylvania.
PPG Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for PPG, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Ppg Industries Inc ranked in the 60th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 47.17%. As for the metrics that stood out in our discounted cash flow analysis of Ppg Industries Inc, consider:
The company has produced more trailing twelve month cash flow than 87.8% of its sector Basic Materials.
Ppg Industries Inc's weighted average cost of capital (WACC) is 8%; for context, that number is higher than only 20.63% of tickers in our DCF set.
PPG's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 3%; for context, that number is higher than only 20.63% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Basic Materials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as PPG, try RPM, SVM, VHI, CMP, and CSL.
PPG (PPG) declares $0.54/share quarterly dividend, in line with previous.Forward yield 1.51%Payable March 12; for shareholders of record Feb. 19; ex-div Feb. 18.See PPG Dividend Scorecard, Yield Chart, & Dividend Growth....
Shares of PPG Industries (NYSE:PPG) fell 3.61% in after-market trading after the company reported Q4 results.Quarterly Results Earnings per share were up 21.37% over the past year to $1.59, which beat the estimate of $1.58.Revenue of $3,757,000,000 rose by 2.31% from the same period last year, which beat the estimate of $3,590,000,000.Outlook Earnings guidance hasn't been issued by the company for now.View more earnings on PPGPPG Industries hasn't issued any revenue guidance for the time being.Technicals Company's 52-week high was at $153.81Company's 52-week low was at $69.77Price action over last quarter: Up 4.64%Company Overview PPG is a global producer of coatings. The company is the world's largest producer of coatings after the purchase of selected AkzoNobel assets. PPG's products ...