WallStSmart

International Flavors & Fragrances Inc (IFF)vsPPG Industries Inc (PPG)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

PPG Industries Inc generates 52% more annual revenue ($16.42B vs $10.78B). PPG leads profitability with a 9.6% profit margin vs 2.6%. PPG appears more attractively valued with a PEG of 1.61. PPG earns a higher WallStSmart Score of 57/100 (C).

IFF

Hold

44

out of 100

Grade: D

Growth: 2.7Profit: 4.5Value: 6.3Quality: 6.5
Piotroski: 5/9Altman Z: 1.04

PPG

Buy

57

out of 100

Grade: C

Growth: 4.0Profit: 6.5Value: 5.3Quality: 7.0
Piotroski: 4/9Altman Z: 3.03
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

IFFUndervalued (+63.6%)

Margin of Safety

+63.6%

Fair Value

$211.67

Current Price

$83.61

$128.06 discount

UndervaluedFair: $211.67Overvalued
PPGFair Value (-1.4%)

Margin of Safety

-1.4%

Fair Value

$129.29

Current Price

$105.50

$23.79 premium

UndervaluedFair: $129.29Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

IFF1 strengths · Avg: 8.0/10
Price/BookValuation
1.5x8/10

Reasonable price relative to book value

PPG3 strengths · Avg: 8.7/10
Altman Z-ScoreHealth
3.0310/10

Safe zone — low bankruptcy risk

P/E RatioValuation
15.7x8/10

Attractively priced relative to earnings

Price/BookValuation
2.8x8/10

Reasonable price relative to book value

Areas to Watch

IFF4 concerns · Avg: 3.5/10
PEG RatioValuation
1.944/10

Expensive relative to growth rate

Revenue GrowthGrowth
1.8%4/10

1.8% revenue growth

Return on EquityProfitability
2.1%3/10

ROE of 2.1% — below average capital efficiency

Profit MarginProfitability
2.6%3/10

2.6% margin — thin

PPG2 concerns · Avg: 3.0/10
PEG RatioValuation
1.614/10

Expensive relative to growth rate

EPS GrowthGrowth
-1.5%2/10

Earnings declined 1.5%

Comparative Analysis Report

WallStSmart Research

Bull Case : IFF

The strongest argument for IFF centers on Price/Book.

Bull Case : PPG

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

Bear Case : IFF

The primary concerns for IFF are PEG Ratio, Revenue Growth, Return on Equity. Thin 2.6% margins leave little buffer for downturns.

Bear Case : PPG

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

Key Dynamics to Monitor

PPG carries more volatility with a beta of 1.06 — expect wider price swings.

PPG is growing revenue faster at 7.2% — sustainability is the question.

PPG generates stronger free cash flow (446M), providing more financial flexibility.

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

Bottom Line

PPG scores higher overall (57/100 vs 44/100). IFF offers better value entry with a 63.6% margin of safety. Both earn "Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

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

International Flavors & Fragrances Inc

BASIC MATERIALS · SPECIALTY CHEMICALS · USA

International Flavors & Fragrances is an American corporation that produces flavors, fragrances, and cosmetic actives, which it markets globally. It is headquartered in New York City.

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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