SafetyMargin.ioSafetyMargin.io
BlogWatchlistCompare
Compare Stocks › PFE vs PPG

Pfizer Inc. (PFE) vs PPG Industries, Inc. (PPG): Which Is the Better Buy in 2026?

As of 2026-09-17, PFE is overvalued at $28, with a DCF intrinsic value of $22 and a margin of safety of -24%. PPG is fairly valued at $105, with an intrinsic value of $103 and a margin of safety of -2%. Of the two, PPG has the wider margin of safety.

PFE
Pfizer Inc.
$27.74
VS
PPG
PPG Industries, Inc.
$105.47

Rewards

PFE
  • ★Gross margin of 74.7% indicates strong pricing power — typical of businesses with significant intellectual property or brand strength.
  • ★Insiders have bought $3.0M worth of stock in the past 3 months — significant skin in the game.
PPG
  • ★PPG Industries, Inc. scores 71/100 on the Economic Moat Score (Wide Moat), with revenue predictability as the strongest competitive dimension.
  • ★Free cash flow has grown at a 34.6% CAGR over the past 4 years, demonstrating strong earnings power growth.
  • ★Each dollar of retained earnings has created $2.81 of earning power — management is an exceptional capital allocator.

Risks

PFE
  • ⚠ROIC has declined by 15.9 percentage points over the past 4 years, which may signal competitive erosion.
  • ⚠FCF yield of 7.9% suggests reasonable valuation assuming continued moderate growth.
  • ⚠PEG ratio of 12.68 indicates the stock is expensive relative to its expected growth — the market may be pricing in more growth than analysts project.
PPG

    Key Valuation Metrics

    Learn more →
    PFE
    PPG
    Valuation
    $12.49B
    Free Cash Flow
    $1.10B
    7.90%
    FCF Yield
    4.71%
    36.50
    Trailing P/E
    15.13
    9.58
    Forward P/E
    12.17
    Quality & Moat
    9.42%
    ROIC
    11.32%
    5.01%
    ROE
    19.30%
    74.72%
    Gross Margin
    41.20%
    12.68
    PEG Ratio
    1.50
    Balance Sheet Safety
    0.61
    Net Debt / Equity
    0.68
    N/A
    Interest Coverage
    N/A
    2.04
    Net Debt / EBITDA
    2.17
    6.26%
    Dividend Yield
    2.82%
    PFE: 7Ties: 1PPG: 4
    PFEPPG

    Historical Fundamentals

    Learn more →
    PFE

    Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation. The dashed forward point is the forward P/E — today's price ÷ analyst consensus EPS.

    PPG

    Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation. The dashed forward point is the forward P/E — today's price ÷ analyst consensus EPS.

    Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation. The dashed forward point is the forward P/E — today's price ÷ analyst consensus EPS.

    $1 Retained Earnings Test

    Learn more →
    PFE
    N/A
    Net losses over 3 years — test not applicable
    Company had negative cumulative retained earnings
    Σ Retained
    $-10.61B
    Δ Market Cap
    $-146.18B
    Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
    > $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
    PPG
    $-3.15
    created per $1 retained over 3 years
    Market Cap Declined
    Σ Retained
    $2.11B
    Δ Market Cap
    $-6.67B
    Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
    > $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer

    Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
    > $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer

    Discounted Cash Flow (DCF) Analysis

    Learn more →
    PFE
    23.7% Overvalued
    Price is 23.7% above estimated fair value
    Current Price: $27.74
    Fair Value: $22.43
    Strongly undervalued
    Undervalued
    Fairly valued
    Overvalued
    Strongly overvalued
    PPG
    27.0% Margin of Safety
    Price is 27.0% below estimated fair value
    Current Price: $105.47
    Fair Value: $144.42
    Strongly undervalued
    Undervalued
    Fairly valued
    Overvalued
    Strongly overvalued

    Reverse DCF — Market-Implied Growth

    Learn more →
    PFE

    What growth rate is the market pricing in at $28?

    +6.2%
    Market-Implied Owner Earnings Growth
    Standard FCF implies +5.3%

    The market implies +6.2% Owner Earnings growth, above historical trends.

    Standard FCF implies a demanding +5.3%, reflecting heavy growth investment.

    PPG

    What growth rate is the market pricing in at $105?

    +6.7%
    Market-Implied Owner Earnings Growth
    Standard FCF implies +11.6%

    The market implies +6.7% Owner Earnings growth, below historical trends — potential opportunity.

    Standard FCF implies a more demanding +11.6%, reflecting heavy growth investment expected to generate future returns.

    Economic Moat Score

    Learn more →
    PFE
    35/100
    No Moat
    70+ Wide · 40-69 Narrow · <40 None

    No durable moat detected, though reinvestment efficiency shows some competitive positioning. The business lacks consistent evidence of sustainable advantages.

    Composite score measuring competitive advantage durability across four dimensions: returns above cost of capital, pricing power stability, revenue predictability, and capital efficiency. Based on 5 years of fundamental data.
    PPG
    71/100
    Wide Moat
    70+ Wide · 40-69 Narrow · <40 None

    Wide moat driven primarily by revenue predictability. ROIC Consistency is the area most vulnerable to competitive pressure.

    Composite score measuring competitive advantage durability across four dimensions: returns above cost of capital, pricing power stability, revenue predictability, and capital efficiency. Based on 4 years of fundamental data.

    Forensic Accounting

    Learn more →
    PFE
    -2.53
    Unlikely Manipulator
    Above -1.78 = likely manipulator · -2.22 to -1.78 = grey zone

    M-Score Trend

    Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.
    PPG
    -2.48
    Unlikely Manipulator
    Above -1.78 = likely manipulator · -2.22 to -1.78 = grey zone

    M-Score Trend

    Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.

    Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.

    Ownership Breakdown

    Learn more →
    PFE
    Insiders 0.1%Institutions 69.1%Retail & Other 30.8%
    No. of Institutional Holders3,645
    High insider ownership aligns management incentives with shareholders — a key signal in Buffett-style analysis. Institutional concentration can indicate smart-money conviction but also crowding risk.
    PPG
    Insiders 0.1%Institutions 94.2%Retail & Other 5.7%
    No. of Institutional Holders1,474
    High insider ownership aligns management incentives with shareholders — a key signal in Buffett-style analysis. Institutional concentration can indicate smart-money conviction but also crowding risk.

    High insider ownership aligns management incentives with shareholders. Institutional concentration can indicate smart-money conviction but also crowding risk.

    Insider Buying Activity

    Learn more →
    PFE
    3
    Buys (3M)
    3
    Buys (12M)
    Total value (12M): $2.96M
    BOURLA ALBERT
    Chief Executive Officer
    $1.00M
    @ $26.34 · 2026-08-12
    BLAYLOCK RONALD E
    Director
    $998,821
    @ $25.46 · 2026-08-05
    BUCKLEY MORTIMER J.
    Director
    $960,369
    @ $25.52 · 2026-08-05
    BLAYLOCK RONALD E
    Director
    $499,072
    @ $25.65 · 2025-02-13
    GOTTLIEB SCOTT
    Director
    $28,240
    @ $28.24 · 2024-10-30
    Open market purchases · includes direct & indirect ownership · excludes option exercises
    PPG
    1
    Buys (3M)
    2
    Buys (12M)
    Total value (12M): $2,753
    HEFEL JULIANE M
    Officer
    $1,409
    @ $108.38 · 2026-09-11
    HEFEL JULIANE M
    Officer
    $1,344
    @ $122.18 · 2026-06-12
    Open market purchases · includes direct & indirect ownership · excludes option exercises

    Open market purchases · includes direct & indirect ownership · excludes option exercises.

    Insider Selling Activity

    Learn more →
    PFE
    1
    Sells (3M)
    2
    Sells (12M)
    Total value (12M): $134,661
    DAMICO JENNIFER B.
    Officer
    $83,261
    @ $25.40 · 2026-08-05
    DAMICO JENNIFER B.
    Officer
    $51,400
    @ $25.70 · 2026-06-09
    DAMICO JENNIFER B.
    Officer
    $64,825
    @ $25.93 · 2025-03-04
    Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives
    PPG
    0
    Sells (3M)
    5
    Sells (12M)
    Total value (12M): $15.22M
    FOULKES ANNE M.
    Officer
    $447,848
    @ $124.61 · 2026-02-20
    MORALES VINCENT J
    Chief Financial Officer
    $10.23M
    @ $131.00 · 2026-02-13
    MORALES VINCENT J
    Chief Financial Officer
    $3.71M
    @ $125.00 · 2026-02-04
    HAGERTY CHANCEY E.
    Officer
    $260,078
    @ $115.59 · 2026-01-29
    MORALES VINCENT J
    Chief Financial Officer
    $572,000
    @ $110.00 · 2026-01-15
    KNAVISH TIMOTHY M
    Chief Executive Officer
    $568,080
    @ $118.35 · 2025-02-14
    FOULKES ANNE M.
    General Counsel
    $249,713
    @ $125.80 · 2024-10-31
    Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives

    Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives.

    🎭 Mr. Market's Mood

    Learn more →
    PFE
    FearGreed
    😏Greed(61/100)

    "Market is optimistic — be cautious and ensure you have a margin of safety"

    Composite sentiment score based on 6 market signals. Inspired by Buffett's "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.
    PPG
    FearGreed
    😐Neutral(41/100)

    "Market is pricing this stock without strong emotion in either direction"

    Composite sentiment score based on 6 market signals. Inspired by Buffett's "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.

    Composite sentiment score based on market signals. Inspired by Buffett’s "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.

    ⚖️ Buffett Signal

    Learn more →
    PFE
    ⚪Awaiting DCF Data

    The Buffett Signal cross-references market sentiment with DCF valuation. Configure the DCF Analysis above to generate a signal.

    DCF Margin of Safety: N/AMr. Market's Mood: Greed (61)
    PPG
    ⚪Awaiting DCF Data

    The Buffett Signal cross-references market sentiment with DCF valuation. Configure the DCF Analysis above to generate a signal.

    DCF Margin of Safety: N/AMr. Market's Mood: Neutral (41)
    View PFE Full AnalysisView PPG Full Analysis

    Frequently Asked Questions: PFE vs PPG

    Is Pfizer Inc. or PPG Industries, Inc. more undervalued in 2026?▼

    Based on our discounted cash flow model, PPG trades at a -2.5% margin of safety (intrinsic value $103 vs. price $105), compared to PFE's -23.7% margin of safety (intrinsic $22 vs. $28).

    Which stock has a wider economic moat, Pfizer Inc. or PPG Industries, Inc.?▼

    PPG scores 71/100 (Wide moat), while PFE scores 35/100 (None moat). The moat score measures competitive advantage durability across ROIC consistency, margin stability, revenue predictability, and reinvestment efficiency.

    Is Pfizer Inc. in financial distress?▼

    PFE's Altman Z-Score of 2.1 places it in the Grey zone, signaling elevated bankruptcy risk. PPG scores 3.6 (Safe zone). The Altman Z-Score is a five-factor model that predicts insolvency within two years; scores below 1.81 indicate significant distress.

    Which company has better free cash flow, Pfizer Inc. or PPG Industries, Inc.?▼

    Pfizer Inc. (PFE) generates a 7.9% free cash flow yield, compared to PPG Industries, Inc.'s 4.7%. A higher FCF yield means the business converts more of its market value into cash that can be returned to shareholders or reinvested.

    Which stock has higher return on invested capital, Pfizer Inc. or PPG Industries, Inc.?▼

    PPG earns 11.3% ROIC versus PFE's 9.4%. A higher ROIC means the company generates more profit per dollar of capital employed, a hallmark of durable competitive advantage in Buffett-style analysis.

    Which dividend is safer, Pfizer Inc.'s or PPG Industries, Inc.'s?▼

    PPG's dividend earns a safety score of 94/100 (Very Safe), compared to PFE's 24/100 (Unsafe). PPG has raised its dividend for 3 consecutive years.

    PFE vs PPG: Which Is the Better Buy in 2026? | SafetyMargin.io