PPG Industries Current Valuation vs. Gross Profit
| PPG Stock | MXN 2,512 0.00 0.00% |
For PPG Industries profitability analysis, we use financial ratios and fundamental drivers that measure the ability of PPG Industries to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well PPG Industries utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between PPG Industries's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of PPG Industries over time as well as its relative position and ranking within its peers.
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PPG Industries Gross Profit vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining PPG Industries's current stock value. Our valuation model uses many indicators to compare PPG Industries value to that of its competitors to determine the firm's financial worth. PPG Industries is rated top company in current valuation category among its peers. It also is considered to be number one stock in gross profit category among its peers fabricating about 0.01 of Gross Profit per Current Valuation. The ratio of Current Valuation to Gross Profit for PPG Industries is roughly 111.61 . Comparative valuation analysis is a catch-all model that can be used if you cannot value PPG Industries by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for PPG Industries' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.PPG Current Valuation vs. Competition
PPG Industries is rated top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Specialty Chemicals industry is at this time estimated at about 10.75 Trillion. PPG Industries holds roughly 731.74 Billion in current valuation claiming about 7% of equities listed under Specialty Chemicals industry.
PPG Gross Profit vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
PPG Industries |
| = | 731.74 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
PPG Industries |
| = | 6.56 B |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
PPG Gross Profit Comparison
PPG Industries is currently under evaluation in gross profit category among its peers.
PPG Industries Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in PPG Industries, profitability is also one of the essential criteria for including it into their portfolios because, without profit, PPG Industries will eventually generate negative long term returns. The profitability progress is the general direction of PPG Industries' change in net profit over the period of time. It can combine multiple indicators of PPG Industries, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
PPG Industries, Inc. manufactures and distributes paints, coatings, and specialty materials worldwide. The company was founded in 1883 and is headquartered in Pittsburgh, Pennsylvania. PPG INDUSTRIES operates under Specialty Chemicals classification in Mexico and is traded on Mexico Stock Exchange. It employs 47300 people.
PPG Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on PPG Industries. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of PPG Industries position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the PPG Industries' important profitability drivers and their relationship over time.
Use PPG Industries in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if PPG Industries position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in PPG Industries will appreciate offsetting losses from the drop in the long position's value.PPG Industries Pair Trading
PPG Industries Pair Trading Analysis
The ability to find closely correlated positions to PPG Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PPG Industries when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back PPG Industries - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling PPG Industries to buy it.
The correlation of PPG Industries is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as PPG Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PPG Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for PPG Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your PPG Industries position
In addition to having PPG Industries in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Theme ETFs Thematic Idea Now
Theme ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Theme ETFs theme has 484 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Theme ETFs Theme or any other thematic opportunities.
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Additional Tools for PPG Stock Analysis
When running PPG Industries' price analysis, check to measure PPG Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PPG Industries is operating at the current time. Most of PPG Industries' value examination focuses on studying past and present price action to predict the probability of PPG Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PPG Industries' price. Additionally, you may evaluate how the addition of PPG Industries to your portfolios can decrease your overall portfolio volatility.