PPG Industries Inc Dossier
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SectorMaterials IndustrySpecialty Chemicals Beta (adjusted)1.04 Intrinsic Value $120.84median of 6 methods · middle span $119-$150based on filings through 31 Mar 2026 Market Price $104.67Price as of 1 Oct 2026 UndervaluedIntrinsic value is 15% above the market price −50% · IV below pricenear fair value ±15%IV above price · +50% Data confidence Sign in to view data confidence Market Cap $23.3B Enterprise Value $28.8B Shares Outstanding 222.6M diluted Moat Rating Narrow Next Earnings Date27 Oct 2026 Last ex-dividend10 Aug 2026 All prices and values are periodic snapshots, not live quotes. Source dates are shown for reference. ThesisStreet consensus, scenarios, merits, risks, and invalidation triggers Thesis Summary PPG entered the second half of 2026 with improving demand breadth: second-quarter organic sales rose 4%, eight of nine businesses grew organically, and the company reaffirmed adjusted EPS guidance of $7.70-$8.10. Aerospace, Latin American architectural coatings, protective and marine coatings, and packaging coatings provide attractive growth exposure. Offsetting these merits are automotive-refinish weakness, incomplete inflation recovery and year-over-year margin compression in Performance and Industrial Coatings. Against PPG's August 28 closing price of $114.22, the risk-reward supports a Hold pending evidence that pricing fully offsets inflation and second-half margin performance stabilizes. This section is the 12-month view: analyst targets and the probability-weighted scenarios built from them. The intrinsic value at the top of this page answers a different question: what the business is worth today. Street view · analyst 12-month targets Low · most bearish analyst$115.00 Mean target$126.20 High · most bullish analyst$138.00 Our research · scenarios, merits, risks, and invalidation triggersResearch as of 2 Sep 2026 Scenarios · 12-month scenario targets Bear CaseDownside scenario $95.0024% Automotive-refinish demand remains weak, inflation recovery stalls below 100%, Q3 margin erosion exceeds guidance, and softer industrial demand offsets aerospace and packaging growth. A reduction below the $7.70 adjusted EPS guidance floor would reinforce this case. Base CaseCentral scenario $126.2058% Matches the consensus meanPPG delivers within its $7.70-$8.10 adjusted EPS guidance, Q3 organic sales remain positive, and pricing reaches full inflation coverage by Q4, while automotive-refinish weakness and index-based Industrial Coatings pricing constrain margin expansion. Bull CaseUpside scenario $145.0018% Aerospace sustains double-digit organic growth, packaging and industrial share gains persist, automotive refinish returns to growth, and pricing covers all cost inflation by the fourth quarter. Broad organic growth and improved second-half Performance Coatings margins support a re-rating. Scenarios are anchored to street consensus at the research date, with our probabilities and rationale. Key Investment Merits
Key Investment Risks
All scenarios are estimates and subject to change. Past performance is not indicative of future results. Quality Pillars MembersThis section is available to registered members. Create a free account or sign in to unlock the full breakdown. Explore this dossierValuationIntrinsic value, the six-method breakdown, peer medians, and your assumptions sandbox.Financial SnapshotRevenue, profitability, returns, balance sheet, dividends, and the filing-level detail.Qualitative AnalysisBusiness overview, strategic initiatives, and mergers, acquisitions & partnerships.Outlook & Key DatesForward estimates, reporting calendar, and the monitoring framework. |