Is Axalta Coating Systems Ltd. overvalued or undervalued?

As of 30 July 2025, the valuation grade for Axalta Coating Systems Ltd. has moved from attractive to fair. The company appears to be fairly valued based on its current metrics. Key ratios include a P/E ratio of 19, an EV to EBITDA of 9.66, and a PEG ratio of 0.44, which suggests that the stock may not be undervalued despite its previous attractive rating.
In comparison to its peers, Axalta's P/E ratio of 19.81 is lower than CSW Industrials, Inc. at 32.31, but slightly higher than H.B. Fuller Co. at 19.57. The EV to EBITDA ratio of 9.66 is also competitive when compared to CSW Industrials, which has a much higher ratio of 20.45. Notably, Axalta's recent stock performance has lagged behind the S&P 500, with a year-to-date return of -10.34% compared to the index's 12.22%, indicating potential challenges ahead.