WallStSmart

H B Fuller Company (FUL)vsPPG Industries Inc (PPG)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

PPG Industries Inc generates 360% more annual revenue ($16.12B vs $3.51B). PPG leads profitability with a 9.8% profit margin vs 5.3%. PPG appears more attractively valued with a PEG of 1.79. FUL earns a higher WallStSmart Score of 64/100 (C+).

FUL

Buy

64

out of 100

Grade: C+

Growth: 6.0Profit: 5.5Value: 4.7Quality: 6.0
Piotroski: 4/9Altman Z: 1.94

PPG

Buy

58

out of 100

Grade: C

Growth: 4.7Profit: 6.5Value: 5.3Quality: 7.0
Piotroski: 5/9Altman Z: 7.44
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

FULSignificantly Overvalued (-15.3%)

Margin of Safety

-15.3%

Fair Value

$58.01

Current Price

$55.76

$2.25 premium

UndervaluedFair: $58.01Overvalued
PPGFair Value (-3.1%)

Margin of Safety

-3.1%

Fair Value

$127.09

Current Price

$111.83

$15.26 premium

UndervaluedFair: $127.09Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

FUL3 strengths · Avg: 9.3/10
Price/BookValuation
1.4x10/10

Reasonable price relative to book value

EPS GrowthGrowth
61.8%10/10

Earnings expanding 61.8% YoY

P/E RatioValuation
16.4x8/10

Attractively priced relative to earnings

PPG2 strengths · Avg: 9.0/10
Altman Z-ScoreHealth
7.4410/10

Safe zone — low bankruptcy risk

P/E RatioValuation
16.8x8/10

Attractively priced relative to earnings

Areas to Watch

FUL3 concerns · Avg: 3.7/10
PEG RatioValuation
2.204/10

Expensive relative to growth rate

Altman Z-ScoreHealth
1.944/10

Grey zone — moderate risk

Profit MarginProfitability
5.3%3/10

5.3% margin — thin

PPG3 concerns · Avg: 3.3/10
PEG RatioValuation
1.794/10

Expensive relative to growth rate

EPS GrowthGrowth
4.2%4/10

4.2% earnings growth

Free Cash FlowQuality
$-163.00M2/10

Negative free cash flow — burning cash

Comparative Analysis Report

WallStSmart Research

Bull Case : FUL

The strongest argument for FUL centers on Price/Book, EPS Growth, P/E Ratio.

Bull Case : PPG

The strongest argument for PPG centers on Altman Z-Score, P/E Ratio.

Bear Case : FUL

The primary concerns for FUL are PEG Ratio, Altman Z-Score, Profit Margin.

Bear Case : PPG

The primary concerns for PPG are PEG Ratio, EPS Growth, Free Cash Flow.

Key Dynamics to Monitor

PPG carries more volatility with a beta of 1.04 — expect wider price swings.

PPG is growing revenue faster at 6.7% — sustainability is the question.

FUL generates stronger free cash flow (74M), providing more financial flexibility.

Monitor SPECIALTY CHEMICALS industry trends, competitive dynamics, and regulatory changes.

Bottom Line

FUL scores higher overall (64/100 vs 58/100). Both earn "Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

H B Fuller Company

BASIC MATERIALS · SPECIALTY CHEMICALS · USA

HB Fuller Company formulates, manufactures and markets adhesives, sealants, coatings, polymers, tapes, encapsulants, additives and other specialty chemicals worldwide. The company is headquartered in Saint Paul, Minnesota.

PPG Industries Inc

BASIC MATERIALS · SPECIALTY CHEMICALS · USA

PPG Industries, Inc. is an American Fortune 500 company and global supplier of paints, coatings, and specialty materials. With headquarters in Pittsburgh, Pennsylvania, PPG operates in more than 70 countries around the globe.

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