PPG Industries, Inc. (PPG) vs Solstice Advanced Materials Inc. (SOLS)

PPG Industries, Inc. and Solstice Advanced Materials Inc. are both Specialty Chemicals companies. PPG Industries, Inc. is the larger, with a market value of $23.6B against $9.0B — 2.6× the size. PPG Industries, Inc. trades at the lower P/E: 15.3× against 26.2×. PPG Industries, Inc. has the higher net margin (9.57% vs 5.13%) and the lower return on invested capital (9.87% vs 12.7%). Across the 19 metrics below, PPG Industries, Inc. leads on 15 and Solstice Advanced Materials Inc. on 4.

Valuation

Metric PPG SOLS Specialty Chemicals median
P/E 15.32 26.18 24.83
P/S 1.46 2.20 1.46
P/B 2.79 5.67 1.76
Price to free cash flow 17.04 51.41 19.84
EV/EBITDA 10.72 12.75 13.18
EV/Sales 1.78 2.52 1.84
Earnings yield 6.53% 3.82% 2.11%
Free cash flow yield 5.87% 1.95% 2.29%

Profitability

Metric PPG SOLS Specialty Chemicals median
Gross margin 40.90% 30.62% 29.23%
Operating margin 13.35% 14.36% 3.63%
Net margin 9.57% 5.13% 2.89%
Free cash flow margin 8.57% 4.27% 3.78%
Return on equity 19.25% 8.81% 3.62%
Return on assets 7.04% 7.10% 0.35%
Return on invested capital 9.87% 12.65% 2.75%

Growth

Metric PPG SOLS Specialty Chemicals median
Revenue growth (TTM) 4.99% — 4.51%
EPS growth (last fiscal year) 46.11% (60.91%) —
Revenue growth, 5-year CAGR 2.79% — 6.30%
Net income growth, 5-year CAGR 8.28% — 0.00%

Health

Metric PPG SOLS Specialty Chemicals median
Debt to equity 0.80 1.30 0.54
Current ratio 1.58 1.46 1.94
Net debt to EBITDA 1.89 1.85 2.03

Dividend

Metric PPG SOLS Specialty Chemicals median
Dividend yield 1.92% — 1.69%
Payout ratio 0.45 — 0.25

Size

Metric PPG SOLS Specialty Chemicals median
Market cap 23.63b 8.99b 2.43b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack