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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry
vs
history
Cash to Debt 0.597
PPG's Cash to Debt is ranked lower than
56% of the 565 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 1.31 vs. PPG: 0.597 )
PPG' s 10-Year Cash to Debt Range
Min: 0.04   Max: 0.74
Current: 0.6

0.04
0.74
Equity to Asset 0.014
PPG's Equity to Asset is ranked lower than
97% of the 565 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 0.50 vs. PPG: 0.014 )
PPG' s 10-Year Equity to Asset Range
Min: -0.05   Max: 0.31
Current: 0.01

-0.05
0.31
Interest Coverage 9.2
PPG's Interest Coverage is ranked lower than
65% of the 565 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 10000.00 vs. PPG: 9.2 )
PPG' s 10-Year Interest Coverage Range
Min: 3   Max: 19
Current: 9.2

3
19
F-Score: 5
Z-Score: 3.96
M-Score: -2.16
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 8/10

vs
industry
vs
history
Operating margin (%) 10.30
PPG's Operating margin (%) is ranked higher than
87% of the 565 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 5.30 vs. PPG: 10.30 )
PPG' s 10-Year Operating margin (%) Range
Min: 4.1   Max: 17
Current: 10.3

4.1
17
Net-margin (%) 6.2
PPG's Net-margin (%) is ranked higher than
82% of the 565 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 3.50 vs. PPG: 6.2 )
PPG' s 10-Year Net-margin (%) Range
Min: -0.9   Max: 10.7
Current: 6.2

-0.9
10.7
ROE (%) 23.2
PPG's ROE (%) is ranked higher than
98% of the 565 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 6.00 vs. PPG: 23.2 )
PPG' s 10-Year ROE (%) Range
Min: -3.2   Max: 33.7
Current: 23.2

-3.2
33.7
ROA (%) 5.9
PPG's ROA (%) is ranked higher than
87% of the 565 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 3.20 vs. PPG: 5.9 )
PPG' s 10-Year ROA (%) Range
Min: -0.9   Max: 10.8
Current: 5.9

-0.9
10.8
ROC (Joel Greenblatt) (%) 35.80
PPG's ROC (Joel Greenblatt) (%) is ranked higher than
95% of the 565 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 9.20 vs. PPG: 35.80 )
PPG' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 11.5   Max: 38.6
Current: 35.8

11.5
38.6
Revenue Growth (%) 7.2
PPG's Revenue Growth (%) is ranked higher than
81% of the 565 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 3.50 vs. PPG: 7.2 )
PPG' s 10-Year Revenue Growth (%) Range
Min: -0.7   Max: 12.7
Current: 7.2

-0.7
12.7
EBITDA Growth (%) 21.8
PPG's EBITDA Growth (%) is ranked higher than
92% of the 565 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 5.90 vs. PPG: 21.8 )
PPG' s 10-Year EBITDA Growth (%) Range
Min: -12.1   Max: 21.8
Current: 21.8

-12.1
21.8
EPS Growth (%) 31.4
PPG's EPS Growth (%) is ranked higher than
90% of the 565 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 10.00 vs. PPG: 31.4 )
PPG' s 10-Year EPS Growth (%) Range
Min: -17   Max: 31.4
Current: 31.4

-17
31.4
» PPG's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q2 2012

PPG Guru Trades in Q2 2012

Louis Moore Bacon 15,244 sh (New)
Jim Simons 261,500 sh (+78.13%)
Manning & Napier Advisors, Inc 18,623 sh (+51.99%)
Dodge & Cox 9,000 sh (unchged)
Tom Russo Sold Out
HOTCHKIS & WILEY Sold Out
Diamond Hill Capital 751,535 sh (-4.24%)
Richard Pzena 1,849,357 sh (-35.31%)
Steven Cohen 123,130 sh (-74.68%)
Pioneer Investments 21,330 sh (-92.34%)
Ken Fisher 33,487 sh (-99.41%)
» More
Q3 2012

PPG Guru Trades in Q3 2012

Jeremy Grantham 8,350 sh (New)
Joel Greenblatt 7,373 sh (New)
Louis Moore Bacon 25,000 sh (+64%)
Jim Simons 401,300 sh (+53.46%)
Manning & Napier Advisors, Inc 21,903 sh (+17.61%)
Dodge & Cox 9,000 sh (unchged)
Pioneer Investments 21,330 sh (unchged)
Diamond Hill Capital 724,495 sh (-3.6%)
Richard Pzena 1,468,404 sh (-20.6%)
Steven Cohen 95,556 sh (-22.39%)
Ken Fisher 20,106 sh (-39.96%)
» More
Q4 2012

PPG Guru Trades in Q4 2012

Paul Tudor Jones 35,000 sh (New)
Bruce Kovner 4,365 sh (New)
Steven Cohen 137,644 sh (+44.05%)
Jeremy Grantham 32,733 sh (unchged)
Dodge & Cox 9,000 sh (unchged)
Pioneer Investments 21,330 sh (unchged)
Joel Greenblatt Sold Out
Louis Moore Bacon Sold Out
Jim Simons Sold Out
Manning & Napier Advisors, Inc 21,498 sh (-1.85%)
Diamond Hill Capital 661,233 sh (-8.73%)
Richard Pzena 1,268,437 sh (-13.62%)
Ken Fisher 15,481 sh (-23%)
» More
Q1 2013

PPG Guru Trades in Q1 2013

Jim Simons 430,000 sh (New)
Joel Greenblatt 4,352 sh (New)
Paul Tudor Jones 102,600 sh (+193.14%)
Steven Cohen 303,091 sh (+120.2%)
Jeremy Grantham 53,333 sh (+62.93%)
Manning & Napier Advisors, Inc 22,708 sh (+5.63%)
Dodge & Cox 9,000 sh (unchged)
Bruce Kovner Sold Out
Diamond Hill Capital Sold Out
Richard Pzena 859,610 sh (-32.23%)
Ken Fisher 9,864 sh (-36.28%)
Pioneer Investments 11,848 sh (-44.45%)
» More
» Details

Insider Trades

Latest Guru Trades with PPG

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Joel Greenblatt 2013-03-31 New Buy0.03%$130.08 - $144.21 $ 157.0614%4352
Joel Greenblatt 2012-12-31 Sold Out 0.06%$114.23 - $135.24 $ 157.0629%0
Joel Greenblatt 2012-09-30 New Buy0.06%$100.69 - $118.84 $ 157.0643%7373
Ray Dalio 2011-12-31 Sold Out 0.02%$68.68 - $89.38 $ 157.0691%0
Ray Dalio 2011-09-30 Reduce -29.16%0.01%$68.82 - $93.37 $ 157.0699%17357
Dodge & Cox 2011-03-31 Reduce -34.18%$82.03 - $95.93 $ 157.0682%10400
Meridian Funds 2010-12-31 Sold Out 0.02%$72.24 - $84.21 $ 157.06100%0
Dodge & Cox 2010-09-30 Reduce -30.7%$60.56 - $73.14 $ 157.06131%15800
David Dreman 2010-03-31 Sold Out 0.07%$57.68 - $66.07 $ 157.06154%0
George Soros 2010-03-31 Sold Out 0.01%$57.68 - $66.07 $ 157.06154%0
Premium More recent guru trades are included for Premium Members only!!

Ratios

vs
industry
vs
history
P/E(ttm) 7.10
PPG's P/E(ttm) is ranked higher than
71% of the 565 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 21.95 vs. PPG: 7.10 )
PPG' s 10-Year P/E(ttm) Range
Min: 5.91   Max: 41.94
Current: 7.1

5.91
41.94
P/B 5.60
PPG's P/B is ranked lower than
84% of the 565 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 1.69 vs. PPG: 5.60 )
PPG' s 10-Year P/B Range
Min: 1.51   Max: 5.54
Current: 5.6

1.51
5.54
P/S 1.60
PPG's P/S is ranked lower than
70% of the 565 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 0.80 vs. PPG: 1.60 )
PPG' s 10-Year P/S Range
Min: 0.33   Max: 1.65
Current: 1.6

0.33
1.65
PFCF 19.20
PPG's PFCF is ranked higher than
61% of the 565 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 17.30 vs. PPG: 19.20 )
PPG' s 10-Year PFCF Range
Min: 5.24   Max: 31.05
Current: 19.2

5.24
31.05
EV-to-EBIT 15.6
PPG's EV-to-EBIT is ranked higher than
97% of the 565 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 14.32 vs. PPG: 15.6 )
PPG' s 10-Year EV-to-EBIT Range
Min: 7.4   Max: 45.4
Current: 15.6

7.4
45.4
PEG 0.4
PPG's PEG is ranked higher than
93% of the 565 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 1.14 vs. PPG: 0.4 )
PPG' s 10-Year PEG Range
Min: 0.31   Max: 22.11
Current: 0.4

0.31
22.11
Shiller P/E 21.3
PPG's Shiller P/E is ranked higher than
86% of the 565 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 23.35 vs. PPG: 21.3 )
PPG' s 10-Year Shiller P/E Range
Min: 7.64   Max: 29.86
Current: 21.3

7.64
29.86

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 1.50
PPG's Dividend Yield is ranked higher than
61% of the 565 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 1.96 vs. PPG: 1.50 )
PPG' s 10-Year Dividend Yield Range
Min: 1.49   Max: 7.14
Current: 1.5

1.49
7.14
Dividend Payout 0.1085
PPG's Dividend Payout is ranked higher than
93% of the 565 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 0.74 vs. PPG: 0.1085 )
PPG' s 10-Year Dividend Payout Range
Min: 0.31   Max: 1.05
Current: 0.11

0.31
1.05
Dividend growth (3y) 2.4
PPG's Dividend growth (3y) is ranked higher than
91% of the 565 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 0.70 vs. PPG: 2.4 )
PPG' s 10-Year Dividend growth (3y) Range
Min: 1.6   Max: 4.3
Current: 2.4

1.6
4.3
Yield on cost (5-Year) 1.73
PPG's Yield on cost (5-Year) is ranked higher than
65% of the 565 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 1.96 vs. PPG: 1.73 )
PPG' s 10-Year Yield on cost (5-Year) Range
Min: 1.72   Max: 8.24
Current: 1.73

1.72
8.24
Share Buyback Rate 1.5
PPG's Share Buyback Rate is ranked higher than
96% of the 565 Companies
in the Global Specialty Chemicals industry.

( Industry Median: -0.75 vs. PPG: 1.5 )
PPG' s 10-Year Share Buyback Rate Range
Min: 1.5   Max: -0.6
Current: 1.5

Valuation & Return

vs
industry
vs
history
Price/Net Current Asset Value 7.7
PPG's Price/Net Current Asset Value is ranked higher than
76% of the 565 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 6.70 vs. PPG: 7.7 )
PPG' s 10-Year Price/Net Current Asset Value Range
Min: 2.4   Max: 7.3
Current: 7.7

2.4
7.3
Price/Tangible Book 103.3
PPG's Price/Tangible Book is ranked higher than
100% of the 565 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 2.30 vs. PPG: 103.3 )
PPG' s 10-Year Price/Tangible Book Range
Min: 5.6   Max: 96.7
Current: 103.3

5.6
96.7
Price/DCF (Projected) 1.7
PPG's Price/DCF (Projected) is ranked higher than
89% of the 565 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 1.30 vs. PPG: 1.7 )
PPG' s 10-Year Price/DCF (Projected) Range
Min: 0.5   Max: 1.6
Current: 1.7

0.5
1.6
Price/Median PS Value 1.6
PPG's Price/Median PS Value is ranked higher than
93% of the 565 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 0.70 vs. PPG: 1.6 )
PPG' s 10-Year Price/Median PS Value Range
Min: 0.4   Max: 1.4
Current: 1.6

0.4
1.4
Price/Peter Lynch Fair Value 0.4
PPG's Price/Peter Lynch Fair Value is ranked lower than
70% of the 565 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 1.40 vs. PPG: 0.4 )
PPG' s 10-Year Price/Peter Lynch Fair Value Range
Min: 1.1   Max: 3
Current: 0.4

1.1
3
Price/Graham Number 10.7
PPG's Price/Graham Number is ranked higher than
99% of the 565 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 1.50 vs. PPG: 10.7 )
PPG' s 10-Year Price/Graham Number Range
Min: 1.8   Max: 9.2
Current: 10.7

1.8
9.2
Earnings Yield (Greenblatt) 6.40
PPG's Earnings Yield (Greenblatt) is ranked lower than
74% of the 565 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 6.05 vs. PPG: 6.40 )
PPG' s 10-Year Earnings Yield (Greenblatt) Range
Min: 2.2   Max: 13.5
Current: 6.4

2.2
13.5
Forward Rate of Return (Yacktman) 22.18
PPG's Forward Rate of Return (Yacktman) is ranked higher than
85% of the 565 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 5.28 vs. PPG: 22.18 )
PPG' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -4.6   Max: 23.6
Current: 22.18

-4.6
23.6

Business Description

PPG Industries, Inc. was incorporated in Pennsylvania in 1883. The Company manufactures coatings, glass and chemical products. It is comprised of six reportable business segments: Performance Coatings, Industrial Coatings, Architectural Coatings - EMEA, Optical and Specialty Materials, Commodity Chemicals and Glass. The Performance Coatings reportable segment is comprised of the refinish, aerospace, architectural coatings - Americas and Asia Pacific and protective and marine coatings operating segments. This reportable segment mainly supplies a variety of protective and decorative coatings, sealants and finishes along with paint strippers, stains and related chemicals, as well as transparencies and transparent armor. The Industrial Coatings reportable segment is comprised of the automotive, industrial and packaging coatings operating segments. This reportable segment mainly supplies a variety of protective and decorative coatings and finishes along with adhesives, sealants, inks and metal pretreatment products. The Architectural Coatings - EMEA reportable segment is comprised of the architectural coatings - EMEA operating segment. This reportable segment mainly supplies a variety of coatings under a number of brands and purchased sundries to painting contractors and consumers in Europe, the Middle East and Africa. The Optical and Specialty Materials reportable segment is comprised of the optical products and silicas operating segments. The primary Optical and Specialty Materials products are Transitions lenses, sunlenses, optical lens materials, amorphous precipitated silica products and Teslin synthetic printing sheet. The Commodity Chemicals reportable segment is comprised of the chlor-alkali and derivatives operating segment. The main chlor-alkali and derivative products are chlorine, caustic soda, vinyl chloride monomer, chlorinated solvents, calcium hypochlorite, ethylene dichloride, hydrochloric acid and phosgene derivatives. The Glass reportable segment is comprised of the performance glazings and fiber glass operating segments. This reportable segment mainly supplies flat glass and continuous-strand fiber glass products. Production facilities and markets for Performance Coatings, Industrial Coatings, Architectural Coatings - EMEA, Optical and Specialty Materials, Commodity Chemicals and Glass are significantly in North America and Europe. The Company's raw materials are titanium dioxide and epoxy and other resins in the Coatings businesses; lenses, sand and soda ash in the Optical and Specialty Materials businesses; brine and ethylene in the Commodity Chemicals business; and sand and soda ash in the Glass businesses. Supply of critical raw materials and energy is managed by establishing contracts, multiple sources, and identifying alternative materials or technology, whenever possible. Each of the business segments in which the Company is engaged is highly competitive. The Company's competitors for the Performance Coating
Company Website
SEC Reports
Industry: Specialty Chemicals
Compare:NEU, SCL, VAL, POL, CYT
Traded in other countries:PPQ.Germany

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