Axalta Coating Systems Ltd., through its subsidiaries, manufactures, markets, and distributes high performance coatings systems in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America.
Fair value with moderate growth potential.
Share Price & News
How has Axalta Coating Systems's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AXTA's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: AXTA underperformed the US Chemicals industry which returned -28.4% over the past year.
Return vs Market: AXTA underperformed the US Market which returned -10.7% over the past year.
Price Volatility Vs. Market
How volatile is Axalta Coating Systems's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StWhat Can We Learn From Axalta Coating Systems Ltd.’s (NYSE:AXTA) Investment Returns?
2 weeks ago | Simply Wall StWhat Is Axalta Coating Systems's (NYSE:AXTA) P/E Ratio After Its Share Price Tanked?
1 month ago | Simply Wall StShould You Be Impressed By Axalta Coating Systems Ltd.'s (NYSE:AXTA) ROE?
Is Axalta Coating Systems undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AXTA ($17.27) is trading below our estimate of fair value ($31.36)
Significantly Below Fair Value: AXTA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AXTA is poor value based on its PE Ratio (16.2x) compared to the Chemicals industry average (15.3x).
PE vs Market: AXTA is poor value based on its PE Ratio (16.2x) compared to the US market (13.1x).
Price to Earnings Growth Ratio
PEG Ratio: AXTA is good value based on its PEG Ratio (0.9x)
Price to Book Ratio
PB vs Industry: AXTA is overvalued based on its PB Ratio (3x) compared to the US Chemicals industry average (1.4x).
How is Axalta Coating Systems forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AXTA's forecast earnings growth (17.8% per year) is above the savings rate (1.7%).
Earnings vs Market: AXTA's earnings (17.8% per year) are forecast to grow faster than the US market (12.3% per year).
High Growth Earnings: AXTA's earnings are forecast to grow, but not significantly.
Revenue vs Market: AXTA's revenue (1.4% per year) is forecast to grow slower than the US market (7.2% per year).
High Growth Revenue: AXTA's revenue (1.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AXTA's Return on Equity is forecast to be high in 3 years time (23%)
How has Axalta Coating Systems performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AXTA has a large one-off loss of $95.2M impacting its December 31 2019 financial results.
Growing Profit Margin: AXTA's current net profit margins (5.6%) are higher than last year (4.4%).
Past Earnings Growth Analysis
Earnings Trend: AXTA's earnings have grown significantly by 34.7% per year over the past 5 years.
Accelerating Growth: AXTA's earnings growth over the past year (20.2%) is below its 5-year average (34.7% per year).
Earnings vs Industry: AXTA earnings growth over the past year (20.2%) exceeded the Chemicals industry -7.2%.
Return on Equity
High ROE: AXTA's Return on Equity (17.9%) is considered low.
How is Axalta Coating Systems's financial position?
Financial Position Analysis
Short Term Liabilities: AXTA's short term assets ($2.6B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: AXTA's short term assets ($2.6B) do not cover its long term liabilities ($4.3B).
Debt to Equity History and Analysis
Debt Level: AXTA's debt to equity ratio (269.6%) is considered high.
Reducing Debt: AXTA's debt to equity ratio has reduced from 325.4% to 269.6% over the past 5 years.
Debt Coverage: AXTA's debt is not well covered by operating cash flow (15.1%).
Interest Coverage: AXTA's interest payments on its debt are well covered by EBIT (3.3x coverage).
Inventory Level: AXTA has a high level of physical assets or inventory.
Debt Coverage by Assets: AXTA's debt is not covered by short term assets (assets are 0.7x debt).
What is Axalta Coating Systems's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AXTA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate AXTA's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if AXTA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AXTA's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of AXTA's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Robert Bryant (51yo)
Mr. Robert W. Bryant is the Chief Executive Officer and President of Axalta Coating Systems Ltd. since October 7, 2018 and is its Director since December 2018. Mr. Bryant served as an Executive Vice Presid ...
CEO Compensation Analysis
Compensation vs Market: Robert's total compensation ($USD9.98M) is above average for companies of similar size in the US market ($USD5.53M).
Compensation vs Earnings: Robert's compensation has increased by more than 20% in the past year.
|CEO, President & Director||1.5yrs||US$9.98m||0.049% $1.9m|
|Senior VP & CFO||1.5yrs||US$4.30m||0.011% $409.9k|
|Senior VP||0.75yr||US$4.81m||no data|
|Executive VP and President of Transportation Coatings & Greater China||6.83yrs||US$4.87m||0.038% $1.5m|
|Senior VP||0.75yr||no data||no data|
|VP & CTO||0.75yr||no data||no data|
|VP and Chief Information & Digital Officer||1yr||no data||no data|
|Vice President of Investor Relations||5.08yrs||no data||no data|
|VP & Chief Compliance Officer||no data||no data||no data|
|VP of Corporate Affairs & Chief Communications Officer||2.5yrs||no data||no data|
Experienced Management: AXTA's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
|CEO, President & Director||1.5yrs||US$9.98m||0.049% $1.9m|
|Independent Director||0.92yr||US$131.24k||no data|
|Independent Director||6yrs||US$314.26k||0.024% $922.8k|
|Independent Director||3yrs||US$299.26k||0.0088% $336.8k|
|Chairman & Presiding Director||0.83yr||US$330.51k||0.012% $451.7k|
|Independent Director||3.58yrs||US$301.76k||0.011% $437.5k|
|Independent Director||3.33yrs||US$301.76k||0.0088% $336.8k|
Experienced Board: AXTA's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Axalta Coating Systems Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Axalta Coating Systems Ltd.
- Ticker: AXTA
- Exchange: NYSE
- Founded: 1866
- Industry: Specialty Chemicals
- Sector: Materials
- Market Cap: US$3.828b
- Shares outstanding: 235.25m
- Website: https://www.axalta.com
Number of Employees
- Axalta Coating Systems Ltd.
- Two Commerce Square
- Suite 3600
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|AXTA||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Nov 2014|
|9AX||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Nov 2014|
|0U6C||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||Nov 2014|
Axalta Coating Systems Ltd., through its subsidiaries, manufactures, markets, and distributes high performance coatings systems in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. It operates through two segments, Performance Coatings and Transportation Coatings. The company offers water and solvent borne products and systems used to refinish damaged vehicles for independent body shops, multi-shop operators, and original equipment manufacturer (OEM) dealership body shops. It also provides functional and decorative liquid and powder coatings used in various industrial applications, including architectural claddings and fittings, automotive components, general industrial and HVAC products, job coaters, electrical insulation coatings, appliances, aluminum extrusions, rebars, and oil and gas pipelines; and wood coatings under the Voltatex, AquaEC, Durapon, Hydropon, UNRIVALED, Tufcote and Ceranamel for liquid coatings; and Alesta, Nap-Gard, Abcite, and Plascoat brands for powder. In addition, the company develops and supplies a line of coatings products, such as electrocoat, primer, basecoat, and clearcoat products for OEMs of light and commercial vehicles; and various coatings systems for various commercial applications, including HDT, bus, and rail under the Imron, Imron Elite, Centari, Rival, Corlar epoxy undercoats, and AquaEC brands; and sells and ships its products to light vehicle OEM customers. It sells its product under the Audurra, Challenger, Chemophan, ColorNet, Corlar, Cromax, Cromax Mosaic, Durapon 70, Duxone, Harmonized Coating Technologies, Imron ExcelPro, Lutophen, Nason, Spies Hecker, Standox, Stollaquid, Syntopal, Syrox, and Vermeera brand names. The company was formerly known as Axalta Coating Systems Bermuda Co., Ltd. and changed its name to Axalta Coating Systems Ltd. in August 2014. Axalta Coating Systems Ltd. was founded in 1866 and is headquartered in Philadelphia, Pennsylvania.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/02 00:53|
|End of Day Share Price||2020/04/01 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.