PPG Industries, Inc.
PPG
Market Cap$29.38B
Close$
Earnings Call Q2 2024
July 19, 2024 - AI Summary
PPG reported second quarter sales of $4.8 billion and achieved its seventh consecutive quarter of year-over-year segment margin improvement.
The company's adjusted earnings per diluted share for the quarter were $2.50, representing 11% year-over-year growth and an all-time record for PPG.
While overall volumes were flat year-over-year, six out of ten business units delivered positive volume growth, driven by new products, technology advancements, and upgrades in manufacturing capabilities.
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$127.46
1.5% upside
Current Fair Value
1.5% upsideUndervalued by 1.5% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $29.38 Billion |
|---|---|
| Enterprise Value | $34.85 Billion |
| Dividend Yield | $2.5813 (2.05%) |
| Earnings per Share | $6.1 |
| Beta | 0.85 |
| Outstanding Shares | 233,300,000 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 20.35 |
|---|---|
| PEG | 262.38 |
| Price to Sales | 1.63 |
| Price to Book Ratio | 4.05 |
| Enterprise Value to Revenue | 1.93 |
| Enterprise Value to EBIT | 17.18 |
| Enterprise Value to Net Income | 24 |
| Total Debt to Enterprise | 0.19 |
| Debt to Equity | 0.85 |
Revenue Sources
No data
Insider Trades
ESG Score
No data
About PPG Industries, Inc.
CEO: Michael McGarry