5 models fit PPG Industries Inc. Common Stock and they partly agree: 3 of 5 land within 15% of the average.
Two or more of our models back this value.
Premium(i)Silver69
Valued as a mature, profitable company: Discounted cash flow, P/E comparison, EV/EBITDA comparison, Graham number, and Dividend discount.
ACCE opinionPPG Industries Inc. Common Stock (PPG)
Fair value (5 models)
$84.55
ACCE price target
$117
Rating
Overvalued
Horizon
12 months
Fair value published on 21 Oct 2026, 11:06 CEST; previously $83.33 since 16 Oct 2026, 00:00 CEST.
ACCE price target published on 25 Sept 2026, 00:00 CEST.
Rating published on 21 Oct 2026, 11:06 CEST.
Price used: $111 at the close on 23 Oct 2026, 22:00 CEST.
Models: Discounted cash flow, P/E comparison, EV/EBITDA comparison, Graham number, and Dividend discount.
Fair value: the average of the applicable valuation models (discounted cash flow, multiples, residual income, dividend discount, shareholder yield), each run on the latest financial statements and the market price shown. Opinion columns (fair value, target, rating) are shown apart from the data. Full methodology: acceinvestments.com/data/how-we-value-stocks
Conflicts of interest: The author holds no personal position in this security. General statement
Produced by ACCE Investments (acceinvestments.com)
Data
Price vs fair value
30.8% above
-23.6% to fair value
ACCE score
59
out of 100
Analysts
52% buy
25 covering
P/E
15.8x
forward 12.4x
1-year return
+6.9%
Dividend yield
2.58%
PPG Industries Inc. Common Stock in four questions
Plain answers, details below
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Overview
ACCE thesis
PPG makes protective and decorative coatings, from automotive refinish paint and aerospace sealants to architectural paints sold under brands like Ameron and Pittsburgh Paints, and it sells them through its own stores and to contractors and OEMs. Its edge is a formulation and distribution footprint that is hard to replicate: refinish customers buy color matching and technical support along with the paint, which keeps share sticky even as the end markets cycle. The near-term growth case rests on revenue growth of 7.2% combined with a forward P/E of 12.0 against a trailing 14.9, which implies the market expects earnings to expand as margins recover from a 14.0% operating margin on a 41.2% gross margin. At a $23.1B market cap and a 19.3% ROE, the stock is priced for a cyclical recovery rather than a growth premium, so the question for a deeper look is whether margin repair is already in the estimates. The 56/100 score and absence from any major index suggest the name is under-followed, which is the reason to examine it further.