WallStSmart

Northern Technologies (NTIC)vsPPG Industries Inc (PPG)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

PPG Industries Inc generates 17987% more annual revenue ($16.12B vs $89.13M). PPG leads profitability with a 9.8% profit margin vs -0.9%. NTIC appears more attractively valued with a PEG of 0.80. PPG earns a higher WallStSmart Score of 58/100 (C).

NTIC

Hold

46

out of 100

Grade: D+

Growth: 4.7Profit: 2.0Value: 7.7Quality: 7.5
Piotroski: 2/9Altman Z: 3.66

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

NTICUndervalued (+80.1%)

Margin of Safety

+80.1%

Fair Value

$42.92

Current Price

$8.00

$34.92 discount

UndervaluedFair: $42.92Overvalued
PPGFair Value (-2.7%)

Margin of Safety

-2.7%

Fair Value

$127.61

Current Price

$113.80

$13.81 premium

UndervaluedFair: $127.61Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

NTIC5 strengths · Avg: 9.0/10
Price/BookValuation
1.0x10/10

Reasonable price relative to book value

Altman Z-ScoreHealth
3.6610/10

Safe zone — low bankruptcy risk

Debt/EquityHealth
0.219/10

Conservative balance sheet, low leverage

PEG RatioValuation
0.808/10

Growing faster than its price suggests

Revenue GrowthGrowth
15.3%8/10

15.3% revenue growth

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

Safe zone — low bankruptcy risk

P/E RatioValuation
17.1x8/10

Attractively priced relative to earnings

Areas to Watch

NTIC4 concerns · Avg: 2.5/10
Market CapQuality
$76.03M3/10

Smaller company, higher risk/reward

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

Return on EquityProfitability
-1.1%2/10

ROE of -1.1% — below average capital efficiency

EPS GrowthGrowth
-57.7%2/10

Earnings declined 57.7%

PPG3 concerns · Avg: 3.3/10
PEG RatioValuation
1.824/10

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 : NTIC

The strongest argument for NTIC centers on Price/Book, Altman Z-Score, Debt/Equity. Revenue growth of 15.3% demonstrates continued momentum. PEG of 0.80 suggests the stock is reasonably priced for its growth.

Bull Case : PPG

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

Bear Case : NTIC

The primary concerns for NTIC are Market Cap, Piotroski F-Score, Return on Equity.

Bear Case : PPG

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

Key Dynamics to Monitor

NTIC profiles as a growth stock while PPG is a value play — different risk/reward profiles.

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

NTIC is growing revenue faster at 15.3% — sustainability is the question.

NTIC generates stronger free cash flow (-2M), providing more financial flexibility.

Bottom Line

PPG scores higher overall (58/100 vs 46/100). NTIC offers better value entry with a 80.1% 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.

Northern Technologies

BASIC MATERIALS · SPECIALTY CHEMICALS · USA

Northern Technologies International Corporation develops and markets products and services that inhibit rust and corrosion in North America, South America, Europe, Asia, the Middle East, and internationally. The company is headquartered in Circle Pines, 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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