Tuesday, January 26, 2016

PPG Industries, Valspar, Sherwin-Williams or RPM Inteernational?

The painting and coatings sector is an interesting sector in 2016, not least because there is a large amount of differentiation between the end-market exposure of the leading companies. Let's look at the leading U.S.-listed companies and shed some light on which is the most attractive for 2016.

Valuations
Before delving into end-market details, let's start with a look at past performance and valuations for the four stocks we'll look at. A chart of stock price movements in the past two years shows how The Sherwin-Williams Company (NYSE:SHW) and, to a lesser extent, The Valspar Corporation (NYSE:VAL) have outperformed the stagnating PPG Industries, Inc. (NYSE:PPG) and RPM International Inc. (NYSE:RPM).

SHW Chart
SHW data by YCharts.

READ THE FULL EQUITY RESEARCH ARTICLE LINKED

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