Ppg Industries Stock Probability Of Bankruptcy
PPG Stock | USD 122.65 0.03 0.02% |
PPG | Probability Of Bankruptcy |
PPG Industries Company chance of financial distress Analysis
PPG Industries' Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
More About Probability Of Bankruptcy | All Equity Analysis
Probability Of Bankruptcy | = | Normalized | | Z-Score |
Current PPG Industries Probability Of Bankruptcy | Less than 6% |
Most of PPG Industries' fundamental indicators, such as Probability Of Bankruptcy, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, PPG Industries is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of PPG Industries probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting PPG Industries odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of PPG Industries financial health.
Is Specialty Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of PPG Industries. If investors know PPG will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about PPG Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.117 | Dividend Share 2.63 | Earnings Share 6.3 | Revenue Per Share 76.764 | Quarterly Revenue Growth (0.01) |
The market value of PPG Industries is measured differently than its book value, which is the value of PPG that is recorded on the company's balance sheet. Investors also form their own opinion of PPG Industries' value that differs from its market value or its book value, called intrinsic value, which is PPG Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PPG Industries' market value can be influenced by many factors that don't directly affect PPG Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PPG Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if PPG Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PPG Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
PPG Probability Of Bankruptcy Driver Correlations
Understanding the fundamental principles of building solid financial models for PPG Industries is extremely important. It helps to project a fair market value of PPG Stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since PPG Industries' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of PPG Industries' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of PPG Industries' interrelated accounts and indicators.
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The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
Competition |
Based on the latest financial disclosure, PPG Industries has a Probability Of Bankruptcy of 6.0%. This is 86.47% lower than that of the Chemicals sector and 85.64% lower than that of the Materials industry. The probability of bankruptcy for all United States stocks is 84.94% higher than that of the company.
PPG Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses PPG Industries' direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of PPG Industries could also be used in its relative valuation, which is a method of valuing PPG Industries by comparing valuation metrics of similar companies.PPG Industries is currently under evaluation in probability of bankruptcy category among its peers.
PPG Industries Main Bankruptcy Drivers
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Return On Assets | 0.0868 | 0.0542 | 0.0674 | 0.0495 | 0.0587 | 0.0606 | |
Net Debt | 4.0B | (1.6B) | (813M) | 6.5B | 5.4B | 5.6B | |
Total Current Liabilities | 4.4B | 4.8B | 4.7B | 4.7B | 5.1B | 3.2B | |
Non Current Liabilities Total | 4.5B | 8.9B | 10.2B | 9.3B | 8.6B | 4.3B | |
Total Assets | 14.3B | 19.6B | 21.4B | 20.7B | 21.6B | 11.7B | |
Total Current Assets | 6.2B | 6.8B | 6.7B | 7.2B | 7.4B | 4.8B | |
Total Cash From Operating Activities | 2.1B | 2.1B | 1.6B | 963M | 2.4B | 1.4B |
PPG Industries ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, PPG Industries' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to PPG Industries' managers, analysts, and investors.Environmental | Governance | Social |
PPG Fundamentals
Return On Equity | 0.19 | ||||
Return On Asset | 0.0668 | ||||
Profit Margin | 0.08 % | ||||
Operating Margin | 0.13 % | ||||
Current Valuation | 34.4 B | ||||
Shares Outstanding | 232 M | ||||
Shares Owned By Insiders | 0.20 % | ||||
Shares Owned By Institutions | 84.95 % | ||||
Number Of Shares Shorted | 2.24 M | ||||
Price To Earning | 29.97 X | ||||
Price To Book | 3.65 X | ||||
Price To Sales | 1.58 X | ||||
Revenue | 18.25 B | ||||
Gross Profit | 6.6 B | ||||
EBITDA | 2.6 B | ||||
Net Income | 1.27 B | ||||
Cash And Equivalents | 1.1 B | ||||
Cash Per Share | 4.67 X | ||||
Total Debt | 6.87 B | ||||
Debt To Equity | 1.24 % | ||||
Current Ratio | 1.52 X | ||||
Book Value Per Share | 33.57 X | ||||
Cash Flow From Operations | 2.41 B | ||||
Short Ratio | 1.53 X | ||||
Earnings Per Share | 6.30 X | ||||
Price To Earnings To Growth | 1.06 X | ||||
Target Price | 147.46 | ||||
Number Of Employees | 53 K | ||||
Beta | 1.25 | ||||
Market Capitalization | 28.45 B | ||||
Total Asset | 21.65 B | ||||
Retained Earnings | 21.5 B | ||||
Working Capital | 2.38 B | ||||
Current Asset | 6.71 B | ||||
Current Liabilities | 4.7 B | ||||
Annual Yield | 0.02 % | ||||
Five Year Return | 1.67 % | ||||
Net Asset | 21.65 B | ||||
Last Dividend Paid | 2.63 |
About PPG Industries Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze PPG Industries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of PPG Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of PPG Industries based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When determining whether PPG Industries is a strong investment it is important to analyze PPG Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact PPG Industries' future performance. For an informed investment choice regarding PPG Stock, refer to the following important reports:Check out PPG Industries Piotroski F Score and PPG Industries Altman Z Score analysis. For more detail on how to invest in PPG Stock please use our How to Invest in PPG Industries guide.You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Specialty Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of PPG Industries. If investors know PPG will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about PPG Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.117 | Dividend Share 2.63 | Earnings Share 6.3 | Revenue Per Share 76.764 | Quarterly Revenue Growth (0.01) |
The market value of PPG Industries is measured differently than its book value, which is the value of PPG that is recorded on the company's balance sheet. Investors also form their own opinion of PPG Industries' value that differs from its market value or its book value, called intrinsic value, which is PPG Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PPG Industries' market value can be influenced by many factors that don't directly affect PPG Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PPG Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if PPG Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PPG Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.