This year, revenue of Axalta Coating Systems Ltd. (AXTA), a U.S. specialty chemicals company, has contracted by 3.3%. One of the culprits was the slowdown in the automotive industry, which, in turn, was a repercussion of the tariff confrontation between the U.S. and China. That has taken a toll on its valuation, but even despite soft revenue growth, Axalta managed to improve margins and deliver some EPS growth. Moreover, the company had topped analysts' forecasts on net income per share for nine quarters in a row.
Meanwhile, despite tepid sales dynamics, Axalta's market