Axalta Coating Systems vs PPG Industries
AXTA and PPG side by side, both in chemicals and allied products. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How AXTA and PPG compare
PPG Industries is the larger company, worth 3.6 times as much as Axalta Coating Systems ($26.6B against $7.3B).
On earnings, PPG Industries is cheaper: it trades at 17.1× trailing earnings, against 22.0× for Axalta Coating Systems.
PPG Industries grew revenue faster over the last twelve months (5.0% versus 0.14% for Axalta Coating Systems).
PPG Industries keeps more of each dollar of sales as profit, with a net margin of 9.6% compared with 6.5% at Axalta Coating Systems.
PPG Industries pays a dividend yielding 2.4%; Axalta Coating Systems does not pay one.
PPG Industries scores higher on the StockData Score (19 against 11 for Axalta Coating Systems), which adds up 30 checks on valuation, growth, past performance, financial health and dividends.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | AXTA | PPG |
|---|---|---|
| Size and price | ||
| Market cap | $7.3B | $26.6B |
| Share price | $34.07 | $119.52 |
| Change, 1 year | 15.6% | 20.6% |
| Change, 5 years | 5.4% | −26.7% |
| Beta (5Y) | 1.11 | 1.03 |
| Employees | 12K | 44K |
| StockData Score | ||
| Total score | 11 | 19 (better) |
| Valuation score | 3 | 4 (better) |
| Growth score | 1 | 2 (better) |
| Performance score | 4 | 5 (better) |
| Health score | 3 | 4 (better) |
| Dividend score | 0 | 4 (better) |
| Valuation | ||
| P/E | 22.0× | 17.1× (better) |
| P/S | 1.4× (better) | 1.6× |
| P/B | 2.8× (better) | 3.1× |
| EV/EBITDA | 10.2× (better) | 11.3× |
| P/FCF | 14.7× (better) | 18.9× |
| PEG | 0.83 (better) | 1.00 |
| FCF yield | 6.8% (better) | 5.3% |
| Fair value | $38.65 | $138.94 |
| Margin of safety | 11.9% | 14.0% (better) |
| Growth | ||
| Revenue growth (TTM) | 0.14% | 5.0% (better) |
| Revenue growth, 5Y average | 6.5% (better) | 2.8% |
| Net income growth (TTM) | −26.6% | 55.5% (better) |
| EPS growth (TTM) | −25.8% | 58.3% (better) |
| EPS growth, 5Y average | 27.3% (better) | 9.3% |
| Profitability | ||
| Gross margin | 33.6% | 40.9% (better) |
| Operating margin | 12.4% | – |
| Net margin | 6.5% | 9.6% (better) |
| FCF margin | 9.6% (better) | 8.6% |
| Return on equity | 13.6% | 19.6% (better) |
| Return on invested capital | 8.8% | – |
| Financial health | ||
| Debt / equity | 1.14 | 0.82 (better) |
| Net debt / EBITDA | 2.47 | 1.87 (better) |
| Interest coverage | 4.2× | – |
| Current ratio | 1.53 | 1.58 (better) |
| Altman Z-score | 2.39 | 3.49 (better) |
| Piotroski F-score | 7 | 7 |
| Dividends and buybacks | ||
| Dividend yield | – | 2.4% |
| Payout ratio | – | 40.5% |
| Years of dividend growth | – | 16 |
| Dividend growth, 5Y average | – | 5.8% |
| Buyback yield | – | 1.6% |
| Shareholder yield | 0.00% | 4.0% (better) |
| Ownership | ||
| Held by institutions | 106% | 93.7% |
| Held by insiders | 0.49% | 0.10% |
| Insider net buying, 12 months | – | −$15.2M |
| Superinvestors holding | 1 | – |
| Short interest, % of float | 3.8% | 2.9% |
Go deeper
- AXTA stock overview
- AXTA income statement
- AXTA valuation and score
- PPG stock overview
- PPG income statement
- PPG valuation and score
Other comparisons
For information only, not investment advice. Check the source filings before relying on any figure.