Venator Materials (1EC0) 주식 개요Manufactures and markets chemical products in the United Kingdom and internationally. 자세히 보기1EC0 펀더멘털 분석스노우플레이크 점수가치 평가2/6미래 성장0/6과거 실적0/6재무 건전성1/6배당0/6위험 분석지난 1년 동안 주주가 크게 희석되었습니다.주식은 유동성이 매우 낮습니다지난 1년 동안 매출이 15.8% 감소했습니다.최신 재무 보고서가 6개월 이상 지났습니다.모든 위험 점검 보기1EC0 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€3.85k361.8% 고평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-355m2b2016201920222025202620282031Revenue US$2.0bEarnings US$183.6mAdvancedSet Fair ValueView all narrativesVenator Materials PLC 경쟁사Uzin UtzSymbol: XTRA:UZUMarket cap: €322.8mAlzChem GroupSymbol: XTRA:ACTMarket cap: €1.7bH&R GmbH KGaASymbol: XTRA:2HRAMarket cap: €173.1mNabaltecSymbol: XTRA:NTGMarket cap: €99.9m가격 이력 및 성과Venator Materials 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가US$3,850.6552주 최고가US$45,107.6152주 최저가US$137.52베타2.091개월 변동0%3개월 변동86.67%1년 변동-90.91%3년 변동-99.23%5년 변동-99.50%IPO 이후 변동-99.83%최근 뉴스 및 업데이트공시 • Sep 03+ 1 more updateVenator Announces Chief Executive Officer ChangesVenator announced the appointment of Mr. E. Bryan Snell as chief executive officer, effective September 1, 2024. Mr. Snell succeeds Mr. Simon Turner, who will be stepping down from the role. Mr. Snell has served as an Independent Board Director for Venator since October 2023. He brings a wealth of experience from his previous role as President of Titanium Technologies at Chemours. Over his 40-year career, he has held various senior management and operational roles at Chemours (formerly DuPont), including positions in sales and marketing, plant management, and commercial strategy.공시 • Jul 18Kronos Worldwide, Inc. (NYSE:KRO) acquired 50% stake in Louisiana Pigment Co.,L.P. from Venator Materials PLC (OTCPK:VNTR.F) for approximately $190 million.Kronos Worldwide, Inc. (NYSE:KRO) acquired 50% stake in Louisiana Pigment Co.,L.P. from Venator Materials PLC (OTCPK:VNTR.F) for approximately $190 million on July 17, 2024. A cash consideration of $185 million will be paid by Kronos Worldwide, Inc. Kronos Worldwide, Inc. will pay an earnout payment of $15 million cash. Kronos Worldwide, Inc. (NYSE:KRO) completed the acquisition of 50% stake in Louisiana Pigment Co.,L.P. from Venator Materials PLC (OTCPK:VNTR.F) on July 17, 2024.공시 • Feb 14Venator Materials PLC Files Form 15Venator Materials PLC has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its Ordinary Shares under the Securities Exchange Act of 1934, as amended. The par value of the company's Ordinary Shares was $137.523 per share.공시 • Dec 24Venator Materials PLC Announces Chief Financial Officer ChangesVenator Materials PLC announced that Kurt Ogden has decided to resign from his position as Chief Financial Officer effective January 31, 2024, to pursue other opportunities outside the Company. On December 22, 2023, the Company appointed Barry Hopkins to serve as Interim Chief Financial Officer, a position in which he is expected to serve until such time as the permanent appointment of a Chief Financial Officer has been made. Mr. Hopkins most recently served as Managing Director at Ankura Turnaround and Restructuring.공시 • Dec 23Venator Materials PLC Announces Resignation of Kurt Ogden as Executive Vice President, Effective January 31, 2024Venator Materials PLC announced that Kurt Ogden has decided to resign from his position as Executive Vice President effective January 31, 2024, to pursue other opportunities outside the Company.공시 • Jul 07Venator Materials PLC Announces Resignation of Barry Siadat as A DirectorVenator Materials PLC announce the resignation of Barry Siadat as a director of the Issuer with effect from 29 June 2023.더 많은 업데이트 보기Recent updates공시 • Sep 03+ 1 more updateVenator Announces Chief Executive Officer ChangesVenator announced the appointment of Mr. E. Bryan Snell as chief executive officer, effective September 1, 2024. Mr. Snell succeeds Mr. Simon Turner, who will be stepping down from the role. Mr. Snell has served as an Independent Board Director for Venator since October 2023. He brings a wealth of experience from his previous role as President of Titanium Technologies at Chemours. Over his 40-year career, he has held various senior management and operational roles at Chemours (formerly DuPont), including positions in sales and marketing, plant management, and commercial strategy.공시 • Jul 18Kronos Worldwide, Inc. (NYSE:KRO) acquired 50% stake in Louisiana Pigment Co.,L.P. from Venator Materials PLC (OTCPK:VNTR.F) for approximately $190 million.Kronos Worldwide, Inc. (NYSE:KRO) acquired 50% stake in Louisiana Pigment Co.,L.P. from Venator Materials PLC (OTCPK:VNTR.F) for approximately $190 million on July 17, 2024. A cash consideration of $185 million will be paid by Kronos Worldwide, Inc. Kronos Worldwide, Inc. will pay an earnout payment of $15 million cash. Kronos Worldwide, Inc. (NYSE:KRO) completed the acquisition of 50% stake in Louisiana Pigment Co.,L.P. from Venator Materials PLC (OTCPK:VNTR.F) on July 17, 2024.공시 • Feb 14Venator Materials PLC Files Form 15Venator Materials PLC has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its Ordinary Shares under the Securities Exchange Act of 1934, as amended. The par value of the company's Ordinary Shares was $137.523 per share.공시 • Dec 24Venator Materials PLC Announces Chief Financial Officer ChangesVenator Materials PLC announced that Kurt Ogden has decided to resign from his position as Chief Financial Officer effective January 31, 2024, to pursue other opportunities outside the Company. On December 22, 2023, the Company appointed Barry Hopkins to serve as Interim Chief Financial Officer, a position in which he is expected to serve until such time as the permanent appointment of a Chief Financial Officer has been made. Mr. Hopkins most recently served as Managing Director at Ankura Turnaround and Restructuring.공시 • Dec 23Venator Materials PLC Announces Resignation of Kurt Ogden as Executive Vice President, Effective January 31, 2024Venator Materials PLC announced that Kurt Ogden has decided to resign from his position as Executive Vice President effective January 31, 2024, to pursue other opportunities outside the Company.공시 • Jul 07Venator Materials PLC Announces Resignation of Barry Siadat as A DirectorVenator Materials PLC announce the resignation of Barry Siadat as a director of the Issuer with effect from 29 June 2023.공시 • Jun 06Venator Materials PLC, Annual General Meeting, Jun 29, 2023Venator Materials PLC, Annual General Meeting, Jun 29, 2023, at 14:00 Coordinated Universal Time. Location: Hanzard Drive, Wynyard Park Stock-On-Tees United Kingdom Agenda: To consider election or re-election to the Board of Directors of the Company of nominees Stefan M. Selig, Simon Turner, Aaron C. Davenport, Jame Donath, Daniele Ferrari, Peter R. Huntsman, Heike van de Kerkhof and Vir Lakshman; to consider ratification of the appointment of Deloitte & Touche LLP as independent registered public accounting firm in the U.S. for the year ending December 31, 2023; to consider re-appointment of Deloitte LLP as U.K. statutory auditors; and to consider authorization for the Audit Committee to determine the U.K. statutory auditors' remuneration for the financial year ending December 31, 2023; to consider authorization for the Company and its subsidiaries.공시 • May 19Venator Materials PLC Reports Impairment of Assets for the First Quarter Ended March 31, 2023Venator Materials PLC reported Impairment of assets for the first quarter ended March 31, 2023. For the quarter, the company reported Impairment of assets of $5 million.공시 • May 18Venator Materials PLC(OTCPK:VNTR.Q) dropped from S&P Global BMI IndexVenator Materials PLC(OTCPK:VNTR.Q) dropped from S&P Global BMI Index공시 • May 16+ 2 more updatesNYSE to Suspend Trading Immediately in Venator Materials and Commence Delisting ProceedingsThe New York Stock Exchange LLC (“NYSE” or “Exchange”) announced that the staff of NYSE Regulation has determined to commence proceedings to delist the ordinary shares of Venator Materials PLC (the “Company”) — ticker symbol VNTR — from the NYSE. Trading in the Company’s ordinary shares will be suspended immediately. NYSE Regulation reached its decision that the Company is no longer suitable for listing pursuant to Listed Company Manual Section 802.01D after the Company’s May 15, 2023 disclosure that the Company has filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of Texas. In reaching its delisting determination, NYSE Regulation noted the uncertainty as to the ultimate effect of this process on the value of the Company’s ordinary shares. NYSE Regulation also noted that the Company’s ordinary shares are proposed to be cancelled as part of the Company’s restructuring and will experience a complete loss on their investment based on the terms of the restructuring support agreement. The Company has a right to a review of this determination by a Committee of the Board of Directors of the Exchange. The NYSE will apply to the Securities and Exchange Commission to delist the Company’s securities upon completion of all applicable procedures, including any appeal by the Company of the NYSE Regulation staff’s decision.Breakeven Date Change • Feb 23No longer forecast to breakevenThe 6 analysts covering Venator Materials no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$30.6m in 2024. New consensus forecast suggests the company will make a loss of US$120.5m in 2024.Reported Earnings • Feb 22Full year 2022 earnings released: US$1.74 loss per share (vs US$0.72 loss in FY 2021)Full year 2022 results: US$1.74 loss per share (further deteriorated from US$0.72 loss in FY 2021). Revenue: US$2.17b (down 1.8% from FY 2021). Net loss: US$188.0m (loss widened 144% from FY 2021). Revenue is forecast to stay flat during the next 3 years compared to a 1.4% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 41% per year, which means it is significantly lagging earnings.공시 • Feb 10Venator Materials PLC to Report Q4, 2022 Results on Feb 21, 2023Venator Materials PLC announced that they will report Q4, 2022 results at 9:30 AM, US Eastern Standard Time on Feb 21, 2023Board Change • Feb 01High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Independent Director Jame Donath was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.공시 • Jan 21Venator Materials PLC Announces Board AppointmentsVenator Materials PLC announced the appointment of new independent directors, Stefan M. Selig and Jame Donath, who bring extensive experience to the role including in finance, investment and regulatory affairs, following the resignation of Miguel Kohlmann from the Board. In addition to serving as Venator's Chairman, Mr. Selig also will be a member of the Board's Audit Committee. Mr. Donath will join the Board's Compensation Committee. About Stefan M. Selig: Stefan M. Selig is the founder of BridgePark Advisors LLC and serves as the Lead Independent Director of the Board of directors for Safehold Inc. and is a Board member of Simon Property Group. Mr. Selig served as Undersecretary of Commerce for International Trade for the U.S. Department of Commerce from June 2014 to June 2016. Prior to that time, Mr. Selig was with Bank of America Merrill Lynch from March 1999 to May 2014, ultimately serving as Executive Vice Chairman of Global Corporate and Investment Banking. About Jame Donath: Jame Donath is an investor and corporate director with over 20 years of experience sourcing and executing credit and private equity investments. He was formerly the Managing Partner of Magnolia Road Capital, a global event-driven credit hedge fund based in New York. Prior to forming Magnolia Road in 2013, Mr. Donath was a Managing Director at Davidson Kempner Capital Management in New York and London, where he launched and oversaw the firm's European credit business. He started his career at Goldman Sachs in the Investment Banking Division.공시 • Jan 12J&T MS 1 SICAV Sends a Letter to Venator MaterialsOn January 10, 2023, J&T MS 1 SICAV announced that it has sent a letter Venator Materials Plc, highlighting the change in share price under the current board management, Company’s strategic decision making, its approach in shareholders engagement and drastic change in shareholder value. In addition, J&T MS 1 SICAV stated that the current board needed to be change to create value to the shareholders and stated that it has nominated Martin Seycek and another independent director to the Company board at the 2023 annual meeting of shareholders.공시 • Dec 23AMISTA Investment Engages in Discussions with Venator MaterialsOn December 21, 2022, AMISTA Investment Company announced that it has been engaged in substantive discussions with Venator Materials PLC’s management since the filing of the first amendment and intends to hold further discussions in the near future.Reported Earnings • Nov 17Third quarter 2022 earnings released: US$0.46 loss per share (vs US$0.44 loss in 3Q 2021)Third quarter 2022 results: US$0.46 loss per share (further deteriorated from US$0.44 loss in 3Q 2021). Revenue: US$506.0m (down 9.2% from 3Q 2021). Net loss: US$50.0m (loss widened 6.4% from 3Q 2021). Revenue is forecast to decline by 1.1% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 41% per year, which means it is significantly lagging earnings.Board Change • Nov 16High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Miguel Kohlmann was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.공시 • Nov 16Cathay Industries entered into a definitive agreement to acquire Iron Oxide Business of Venator Materials PLC.Cathay Industries entered into a definitive agreement to acquire Iron Oxide Business of Venator Materials PLC on November 14, 2022. The enterprise value of Iron Oxide Business $140 million. Purchase price of $140 million, less closing indebtedness of $20 million plus primary working capital and closing cash adjustments as of the closing date approximately $6 million based upon the latest carve out financial statements. The transaction is expected to close by the end of the first quarter in 2023. Citi served as financial advisor and Latham & Watkins served as legal advisor to Venator Materials PLC. Citigroup Inc. (NYSE:C) served as financial advisor and Latham & Watkins LLP served as legal advisor to Venator Materials PLC.공시 • Nov 07Venator Materials Receives Notice from NYSEVenator Materials PLC received written notice on November 2, 2022, from the NYSE indicating that Venator is no longer in compliance with the continued listing standard set forth in Section 802.01C of the NYSE's Listed Company Manual because the average closing price of the Company's ordinary shares was less than $1.00 per share over a consecutive 30 trading-day period. The notice does not result in the immediate delisting of the company's ordinary shares from the NYSE. Venator plans to notify the NYSE by November 16, 2022, that it intends to cure the stock price deficiency and return to compliance with the NYSE continued listing standard. Venator can regain compliance at any time within the six-month cure period following receipt of the NYSE notice if, on the last trading day of any calendar month during the cure period or on the last business day of the six-month cure period, Venator's ordinary shares have a closing price of at least $1.00 per share and an average closing share price of at least $1.00 over the 30 trading-day period ending on such date. Venator intends to consider available alternatives, including but not limited to a reverse stock split that is subject to shareholder approval, no later than Venator's next Annual General Meeting of Shareholders, if necessary to cure the stock price non-compliance. Venator's ordinary shares will continue to be listed and trade on the NYSE during this period, subject to its compliance with other NYSE continued listing standards.Buying Opportunity • Nov 01Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 51%. The fair value is estimated to be €1.06, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.1% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 5.8% in 2 years. Earnings is forecast to decline by 76% in the next 2 years.공시 • Oct 07Venator Materials PLC to Report Q3, 2022 Results on Nov 14, 2022Venator Materials PLC announced that they will report Q3, 2022 results Pre-Market on Nov 14, 2022Valuation Update With 7 Day Price Move • Sep 20Investor sentiment deteriorated over the past weekAfter last week's 23% share price decline to €1.33, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 10x in the Chemicals industry in Germany. Total loss to shareholders of 49% over the past three years.공시 • Sep 20AMISTA Investment Engages in Discussions with Venator MaterialsOn September 19, 2022, AMISTA Investment Company has engaged in preliminary discussions with Venator Materials PLC’s management since the filing of the Original Schedule and intend to hold further discussions in the near future.Board Change • Sep 02High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Miguel Kohlmann was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.공시 • Aug 10Venator Materials PLC Announces Changes to Board of DirectorsVenator Materials PLC announced the resignation of Kathy Patrick from its Board of Directors and the appointment of Miguel Kohlmann to its Board of Directors, both effective August 9, 2022.Ms. Patrick has served as a director since the Company's IPO in 2017 and served on Venator's Audit Committee and Compensation Committee at the time of her resignation. She is resigning due to other professional commitments. Mr. Kohlmann is based in Europe and has substantial industry experience as a former CEO and via service on a number of boards, including the listed Danish building materials group H+H. Mr. Kohlmann is an independent director and will serve as a member of Venator's Audit Committee and Compensation Committee.Reported Earnings • Jul 27Second quarter 2022 earnings released: EPS: US$0.86 (vs US$0.21 loss in 2Q 2021)Second quarter 2022 results: EPS: US$0.86 (up from US$0.21 loss in 2Q 2021). Revenue: US$642.0m (up 13% from 2Q 2021). Net income: US$93.0m (up US$116.0m from 2Q 2021). Profit margin: 14% (up from net loss in 2Q 2021). Over the next year, revenue is forecast to grow 9.0%, compared to a 7.3% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.공시 • Jul 12Venator Materials PLC to Report Q2, 2022 Results on Jul 26, 2022Venator Materials PLC announced that they will report Q2, 2022 results Pre-Market on Jul 26, 2022Breakeven Date Change • May 09Forecast breakeven date pushed back to 2023The 9 analysts covering Venator Materials previously expected the company to break even in 2022. New consensus forecast suggests losses will reduce by 93% to 2022. The company is expected to make a profit of US$32.7m in 2023. Average annual earnings growth of 108% is required to achieve expected profit on schedule.Reported Earnings • May 05First quarter 2022 earnings released: US$0.028 loss per share (vs US$0.20 loss in 1Q 2021)First quarter 2022 results: US$0.028 loss per share (up from US$0.20 loss in 1Q 2021). Revenue: US$659.0m (up 19% from 1Q 2021). Net loss: US$3.00m (loss narrowed 86% from 1Q 2021). Over the next year, revenue is forecast to grow 9.5%, compared to a 8.5% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings.공시 • Apr 20Venator Materials PLC to Report Q1, 2022 Results on May 04, 2022Venator Materials PLC announced that they will report Q1, 2022 results Pre-Market on May 04, 2022Reported Earnings • Feb 24Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: US$0.72 loss per share (up from US$1.05 loss in FY 2020). Revenue: US$2.21b (up 14% from FY 2020). Net loss: US$77.0m (loss narrowed 31% from FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 14%, compared to a 6.6% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 05Third quarter 2021 earnings released: US$0.44 loss per share (vs US$0.39 loss in 3Q 2020)The company reported a solid third quarter result with improved revenues and control over costs, although losses increased. Third quarter 2021 results: Revenue: US$557.0m (up 18% from 3Q 2020). Net loss: US$47.0m (loss widened 12% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings.Breakeven Date Change • Aug 14Forecast breakeven pushed back to 2022The 10 analysts covering Venator Materials previously expected the company to break even in 2021. New consensus forecast suggests losses will reduce by 81% to 2021. The company is expected to make a profit of US$17.1m in 2022. Average annual earnings growth of 106% is required to achieve expected profit on schedule.Reported Earnings • Aug 04Second quarter 2021 earnings released: US$0.21 loss per share (vs US$0.18 loss in 2Q 2020)The company reported a solid second quarter result with improved revenues and control over costs, although losses increased. Second quarter 2021 results: Revenue: US$567.0m (up 24% from 2Q 2020). Net loss: US$23.0m (loss widened 21% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 37% per year whereas the company’s share price has fallen by 38% per year.Breakeven Date Change • Jul 05Forecast breakeven moved forward to 2021The 10 analysts covering Venator Materials previously expected the company to break even in 2022. New consensus forecast suggests the company will make a profit of US$9.32m in 2021. Earnings growth of 94% is required to achieve expected profit on schedule.공시 • May 07Feralco AB signed an agreement to acquire Water Treatment Business from Venator Materials PLC for approximately $6 million.Feralco AB signed an agreement to acquire Water Treatment Business from Venator Materials PLC for approximately $6 million during April 2021. The consideration will be payable in cash. The transaction is expected to close during the second quarter of 2021.Reported Earnings • May 07First quarter 2021 earnings released: US$0.20 loss per share (vs US$0.066 profit in 1Q 2020)The company reported a soft first quarter result with weaker earnings and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: US$553.0m (up 3.9% from 1Q 2020). Net loss: US$21.0m (down 400% from profit in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 34% per year, which means it has not declined as severely as earnings.공시 • Feb 13Venator Materials PLC Appoints Vir Lakshman as Member of its Board of DirectorsVenator Materials PLC ('Venator') announced that Vir Lakshman has been appointed to serve as a member of its Board of Directors. The appointment of Vir Lakshman was effective February 11, 2021. Mr. Lakshman worked for KPMG in Germany from 1999 to July 2019, where he was Head of Chemicals and Life Sciences in Germany and a Deal Advisory Partner.공시 • Feb 10Venator Materials PLC to Report Q4, 2020 Results on Feb 24, 2021Venator Materials PLC announced that they will report Q4, 2020 results Pre-Market on Feb 24, 2021공시 • Jan 15Venator Materials PLC Announces Board ChangesVenator Materials PLC announced that the resignation of Sir Robert J. Margetts as a director of the Issuer with effect from 01 January 2021 and the resignation of Douglas D. Anderson as a director of the Issuer with effect from 01 January 2021.공시 • Jan 05Venator Materials PLC Announces Board ChangesVenator Materials PLC announced that Barry B. Siadat, Aaron C. Davenport and Heike van de Kerkhof have been elected as new members to its Board of Directors. The appointment of Dr. Siadat was effective December 31, 2020. Prior to co-founding SK Capital Partners, Dr. Siadat worked for 37 years in the chemicals and materials industries as an inventor, operator and investor. Dr. Siadat has been the chairman of several specialty materials and chemicals companies. He currently serves as Chairman of the Board for Ascend Performance Materials, Aristech Acrylics, Archroma and SI Group. Additionally, he serves on the Board of Directors of Mt. Sinai Hospital in Miami Beach. Dr. Siadat has been elected Chairman of the Board of Directors of Venator. The appointment of Mr. Davenport was effective January 1, 2021. Mr. Davenport also is a managing director of SK Capital, focusing on the specialty chemicals and pharmaceutical industries. He currently serves as Chairman of the Board of Noramco, Tasmanian Alkaloids, Wavelength Pharmaceuticals and Perimeter Solutions. Mr. Davenport was appointed to serve on Venator's Nominating and Corporate Governance Committee. The appointment of Ms. van de Kerkhof was effective January 1, 2021. Ms. van de Kerkhof has more than 30 years´ experience in the chemicals and materials industries. She is currently Chief Executive Officer and a member of the Board of Directors at Archroma Management GmbH. Prior to Archroma, she held leadership positions across various functions at DuPont from 1989 to 2015 and at Chemours, from 2015 – 2017. Ms. van de Kerkhof was appointed to serve as Chair of Venator's Nominating and Corporate Governance Committee and a member of its Compensation Committee. Daniele Ferrari, Peter R. Huntsman, Kathy D. Patrick and Simon Turner will continue to serve on the Board as a Directors. Mr. Ferrari was appointed Chair of the Audit Committee and member of the Compensation Committee and member of the Nominating and Corporate Governance Committee. Mr. Huntsman was appointed to serve as member of the Audit Committee. Ms. Patrick was appointed Chair of the Compensation Committee and member of the Audit Committee. Douglas D. Anderson and Sir Robert J. Margetts have each resigned from the Board, effective January 1, 2021.공시 • Dec 25Funds advised by SK Capital Partners completed the acquisition of 39.7% stake in Venator Materials PLC (NYSE:VNTR) from Huntsman Corporation (NYSE:HUN).Funds advised by SK Capital Partners agreed to acquire 39.8% stake in Venator Materials PLC (NYSE:VNTR) from Huntsman Corporation (NYSE:HUN) for approximately $100 million on August 28, 2020. SK Capital agreed to acquire 42.5 million shares as part of this transaction. SK Capital have a 30-month option for the sale of Huntsman’s remaining approximate 9.5 million shares it holds. The transaction is subject to regulatory approvals. Transaction was approved by the non conflicted independent members of Board of Venator Materials. The transaction was approved by the European Commission on December 9, 2020. The transaction is expected to close near year-end. Matthew Arenson, David Holdsworth, Rebecca Villarreal, Melanie Harmon, Benjamin Schreiner, Timothy Lowe, Tim Cruickshank, Will Boothby, Carla Hine, Sarah Jordan, Thomas Wilson, Marin Boney and Michael Falk of Kirkland & Ellis LLP acted as legal advisors to SK Capital Partners. BofA Securities acted as financial advisor in the transaction. Funds advised by SK Capital Partners completed the acquisition of 39.7% stake in Venator Materials PLC (NYSE:VNTR) from Huntsman Corporation (NYSE:HUN) on December 23, 2020. SK Capital acquired 42.4 million shares and The agreement also includes a 30-month option pursuant to which SK Capital can elect to purchase Huntsman’s remaining approximate 9.7 million shares.공시 • Dec 17Venator Materials PLC Approves Plan to Implement Restructuring Program at Certain of its Manufacturing Facilities in GermanyEffective December 9, 2020, the Board of Directors of Venator Materials PLC approved a plan to implement a restructuring program at certain of its manufacturing facilities in Germany as part of its recently announced 2020 Business Improvement Program. As a result of the closure, the company expects to incur approximately $60 to $80 million of pre-tax charges, consisting of approximately $35 to $40 million of cash charges that it expects to incur through 2022, primarily related to employee severance for approximately 280 associates. The remaining costs consist of non-cash charges primarily related to impairment of fixed assets which the Company expects to incur in the fourth quarter of 2020. The Company expects the 2020 Business Improvement Program, of which this restructuring plan is a part, to result in approximately $45 to $50 million of cash charges and approximately $55 million of annual savings once fully implemented.Is New 90 Day High Low • Dec 03New 90-day high: €2.14The company is up 20% from its price of €1.78 on 04 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.75 per share.Analyst Estimate Surprise Post Earnings • Nov 07Revenue beats expectationsRevenue exceeded analyst estimates by 4.9%. Over the next year, revenue is forecast to grow 3.6%, compared to a 2.9% growth forecast for the Chemicals industry in Germany.Reported Earnings • Nov 07Third quarter 2020 earnings released: US$0.39 loss per shareThe company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: US$474.0m (down 9.9% from 3Q 2019). Net loss: US$42.0m (loss widened 121% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 80% per year but the company’s share price has only fallen by 56% per year, which means it has not declined as severely as earnings.공시 • Oct 10Venator Materials PLC to Report Q3, 2020 Results on Nov 05, 2020Venator Materials PLC announced that they will report Q3, 2020 results at 9:00 AM, GMT Standard Time on Nov 05, 2020공시 • Aug 29SK Capital Partners agreed to acquire % stake in Venator Materials PLC (NYSE:VNTR) from Huntsman Corporation (NYSE:HUN) for approximately $100 million.SK Capital Partners agreed to acquire % stake in Venator Materials PLC (NYSE:VNTR) from Huntsman Corporation (NYSE:HUN) for approximately $100 million on August 28, 2020. SK Capital have a 30-month option for the sale of Huntsman’s remaining approximate 9.5 million shares it holds. The transaction is subject to regulatory approvals and is expected to close near year-end.공시 • Jul 22Venator Materials PLC to Report Q2, 2020 Results on Aug 04, 2020Venator Materials PLC announced that they will report Q2, 2020 results at 9:00 AM, GMT Standard Time on Aug 04, 2020주주 수익률1EC0DE ChemicalsDE 시장7D0%-0.8%2.4%1Y-90.9%4.2%1.2%전체 주주 수익률 보기수익률 대 산업: 1EC0은 지난 1년 동안 4.2%의 수익을 기록한 German Chemicals 산업보다 저조한 성과를 냈습니다.수익률 대 시장: 1EC0은 지난 1년 동안 1.2%를 기록한 German 시장보다 저조한 성과를 냈습니다.주가 변동성Is 1EC0's price volatile compared to industry and market?1EC0 volatility1EC0 Average Weekly Movementn/aChemicals Industry Average Movement6.0%Market Average Movement6.1%10% most volatile stocks in DE Market13.4%10% least volatile stocks in DE Market2.7%안정적인 주가: 1EC0의 주가는 지난 3개월 동안 German 시장보다 변동성이 컸습니다.시간에 따른 변동성: Insufficient data to determine 1EC0의 변동성 변화를 판단할 수 없습니다.회사 소개설립직원 수CEO웹사이트20173,400Simon Turnerwww.venatorcorp.com더 보기Venator Materials PLC 기초 지표 요약Venator Materials의 순이익과 매출은 시가총액과 어떻게 비교됩니까?1EC0 기초 통계시가총액€699.68m순이익 (TTM)-€327.59m매출 (TTM)€1.80b0.4x주가매출비율(P/S)-2.1x주가수익비율(P/E)1EC0는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표1EC0 손익계산서 (TTM)매출US$1.95b매출원가US$2.02b총이익-US$70.00m기타 비용US$285.00m순이익-US$355.00m최근 보고된 실적Mar 31, 2023다음 실적 발표일해당 없음주당순이익(EPS)-451.82총이익률-3.59%순이익률-18.19%부채/자본 비율662.2%1EC0의 장기 실적은 어땠습니까?과거 실적 및 비교 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2024/04/06 18:43종가2024/01/08 00:00수익2023/03/31연간 수익2022/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Venator Materials PLC는 13명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관John McNultyBMO Capital Markets Equity ResearchMatthew DeYoeBofA Global ResearchPrashant JuvekarCitigroup Inc10명의 분석가 더 보기
공시 • Sep 03+ 1 more updateVenator Announces Chief Executive Officer ChangesVenator announced the appointment of Mr. E. Bryan Snell as chief executive officer, effective September 1, 2024. Mr. Snell succeeds Mr. Simon Turner, who will be stepping down from the role. Mr. Snell has served as an Independent Board Director for Venator since October 2023. He brings a wealth of experience from his previous role as President of Titanium Technologies at Chemours. Over his 40-year career, he has held various senior management and operational roles at Chemours (formerly DuPont), including positions in sales and marketing, plant management, and commercial strategy.
공시 • Jul 18Kronos Worldwide, Inc. (NYSE:KRO) acquired 50% stake in Louisiana Pigment Co.,L.P. from Venator Materials PLC (OTCPK:VNTR.F) for approximately $190 million.Kronos Worldwide, Inc. (NYSE:KRO) acquired 50% stake in Louisiana Pigment Co.,L.P. from Venator Materials PLC (OTCPK:VNTR.F) for approximately $190 million on July 17, 2024. A cash consideration of $185 million will be paid by Kronos Worldwide, Inc. Kronos Worldwide, Inc. will pay an earnout payment of $15 million cash. Kronos Worldwide, Inc. (NYSE:KRO) completed the acquisition of 50% stake in Louisiana Pigment Co.,L.P. from Venator Materials PLC (OTCPK:VNTR.F) on July 17, 2024.
공시 • Feb 14Venator Materials PLC Files Form 15Venator Materials PLC has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its Ordinary Shares under the Securities Exchange Act of 1934, as amended. The par value of the company's Ordinary Shares was $137.523 per share.
공시 • Dec 24Venator Materials PLC Announces Chief Financial Officer ChangesVenator Materials PLC announced that Kurt Ogden has decided to resign from his position as Chief Financial Officer effective January 31, 2024, to pursue other opportunities outside the Company. On December 22, 2023, the Company appointed Barry Hopkins to serve as Interim Chief Financial Officer, a position in which he is expected to serve until such time as the permanent appointment of a Chief Financial Officer has been made. Mr. Hopkins most recently served as Managing Director at Ankura Turnaround and Restructuring.
공시 • Dec 23Venator Materials PLC Announces Resignation of Kurt Ogden as Executive Vice President, Effective January 31, 2024Venator Materials PLC announced that Kurt Ogden has decided to resign from his position as Executive Vice President effective January 31, 2024, to pursue other opportunities outside the Company.
공시 • Jul 07Venator Materials PLC Announces Resignation of Barry Siadat as A DirectorVenator Materials PLC announce the resignation of Barry Siadat as a director of the Issuer with effect from 29 June 2023.
공시 • Sep 03+ 1 more updateVenator Announces Chief Executive Officer ChangesVenator announced the appointment of Mr. E. Bryan Snell as chief executive officer, effective September 1, 2024. Mr. Snell succeeds Mr. Simon Turner, who will be stepping down from the role. Mr. Snell has served as an Independent Board Director for Venator since October 2023. He brings a wealth of experience from his previous role as President of Titanium Technologies at Chemours. Over his 40-year career, he has held various senior management and operational roles at Chemours (formerly DuPont), including positions in sales and marketing, plant management, and commercial strategy.
공시 • Jul 18Kronos Worldwide, Inc. (NYSE:KRO) acquired 50% stake in Louisiana Pigment Co.,L.P. from Venator Materials PLC (OTCPK:VNTR.F) for approximately $190 million.Kronos Worldwide, Inc. (NYSE:KRO) acquired 50% stake in Louisiana Pigment Co.,L.P. from Venator Materials PLC (OTCPK:VNTR.F) for approximately $190 million on July 17, 2024. A cash consideration of $185 million will be paid by Kronos Worldwide, Inc. Kronos Worldwide, Inc. will pay an earnout payment of $15 million cash. Kronos Worldwide, Inc. (NYSE:KRO) completed the acquisition of 50% stake in Louisiana Pigment Co.,L.P. from Venator Materials PLC (OTCPK:VNTR.F) on July 17, 2024.
공시 • Feb 14Venator Materials PLC Files Form 15Venator Materials PLC has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its Ordinary Shares under the Securities Exchange Act of 1934, as amended. The par value of the company's Ordinary Shares was $137.523 per share.
공시 • Dec 24Venator Materials PLC Announces Chief Financial Officer ChangesVenator Materials PLC announced that Kurt Ogden has decided to resign from his position as Chief Financial Officer effective January 31, 2024, to pursue other opportunities outside the Company. On December 22, 2023, the Company appointed Barry Hopkins to serve as Interim Chief Financial Officer, a position in which he is expected to serve until such time as the permanent appointment of a Chief Financial Officer has been made. Mr. Hopkins most recently served as Managing Director at Ankura Turnaround and Restructuring.
공시 • Dec 23Venator Materials PLC Announces Resignation of Kurt Ogden as Executive Vice President, Effective January 31, 2024Venator Materials PLC announced that Kurt Ogden has decided to resign from his position as Executive Vice President effective January 31, 2024, to pursue other opportunities outside the Company.
공시 • Jul 07Venator Materials PLC Announces Resignation of Barry Siadat as A DirectorVenator Materials PLC announce the resignation of Barry Siadat as a director of the Issuer with effect from 29 June 2023.
공시 • Jun 06Venator Materials PLC, Annual General Meeting, Jun 29, 2023Venator Materials PLC, Annual General Meeting, Jun 29, 2023, at 14:00 Coordinated Universal Time. Location: Hanzard Drive, Wynyard Park Stock-On-Tees United Kingdom Agenda: To consider election or re-election to the Board of Directors of the Company of nominees Stefan M. Selig, Simon Turner, Aaron C. Davenport, Jame Donath, Daniele Ferrari, Peter R. Huntsman, Heike van de Kerkhof and Vir Lakshman; to consider ratification of the appointment of Deloitte & Touche LLP as independent registered public accounting firm in the U.S. for the year ending December 31, 2023; to consider re-appointment of Deloitte LLP as U.K. statutory auditors; and to consider authorization for the Audit Committee to determine the U.K. statutory auditors' remuneration for the financial year ending December 31, 2023; to consider authorization for the Company and its subsidiaries.
공시 • May 19Venator Materials PLC Reports Impairment of Assets for the First Quarter Ended March 31, 2023Venator Materials PLC reported Impairment of assets for the first quarter ended March 31, 2023. For the quarter, the company reported Impairment of assets of $5 million.
공시 • May 18Venator Materials PLC(OTCPK:VNTR.Q) dropped from S&P Global BMI IndexVenator Materials PLC(OTCPK:VNTR.Q) dropped from S&P Global BMI Index
공시 • May 16+ 2 more updatesNYSE to Suspend Trading Immediately in Venator Materials and Commence Delisting ProceedingsThe New York Stock Exchange LLC (“NYSE” or “Exchange”) announced that the staff of NYSE Regulation has determined to commence proceedings to delist the ordinary shares of Venator Materials PLC (the “Company”) — ticker symbol VNTR — from the NYSE. Trading in the Company’s ordinary shares will be suspended immediately. NYSE Regulation reached its decision that the Company is no longer suitable for listing pursuant to Listed Company Manual Section 802.01D after the Company’s May 15, 2023 disclosure that the Company has filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of Texas. In reaching its delisting determination, NYSE Regulation noted the uncertainty as to the ultimate effect of this process on the value of the Company’s ordinary shares. NYSE Regulation also noted that the Company’s ordinary shares are proposed to be cancelled as part of the Company’s restructuring and will experience a complete loss on their investment based on the terms of the restructuring support agreement. The Company has a right to a review of this determination by a Committee of the Board of Directors of the Exchange. The NYSE will apply to the Securities and Exchange Commission to delist the Company’s securities upon completion of all applicable procedures, including any appeal by the Company of the NYSE Regulation staff’s decision.
Breakeven Date Change • Feb 23No longer forecast to breakevenThe 6 analysts covering Venator Materials no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$30.6m in 2024. New consensus forecast suggests the company will make a loss of US$120.5m in 2024.
Reported Earnings • Feb 22Full year 2022 earnings released: US$1.74 loss per share (vs US$0.72 loss in FY 2021)Full year 2022 results: US$1.74 loss per share (further deteriorated from US$0.72 loss in FY 2021). Revenue: US$2.17b (down 1.8% from FY 2021). Net loss: US$188.0m (loss widened 144% from FY 2021). Revenue is forecast to stay flat during the next 3 years compared to a 1.4% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 41% per year, which means it is significantly lagging earnings.
공시 • Feb 10Venator Materials PLC to Report Q4, 2022 Results on Feb 21, 2023Venator Materials PLC announced that they will report Q4, 2022 results at 9:30 AM, US Eastern Standard Time on Feb 21, 2023
Board Change • Feb 01High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Independent Director Jame Donath was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
공시 • Jan 21Venator Materials PLC Announces Board AppointmentsVenator Materials PLC announced the appointment of new independent directors, Stefan M. Selig and Jame Donath, who bring extensive experience to the role including in finance, investment and regulatory affairs, following the resignation of Miguel Kohlmann from the Board. In addition to serving as Venator's Chairman, Mr. Selig also will be a member of the Board's Audit Committee. Mr. Donath will join the Board's Compensation Committee. About Stefan M. Selig: Stefan M. Selig is the founder of BridgePark Advisors LLC and serves as the Lead Independent Director of the Board of directors for Safehold Inc. and is a Board member of Simon Property Group. Mr. Selig served as Undersecretary of Commerce for International Trade for the U.S. Department of Commerce from June 2014 to June 2016. Prior to that time, Mr. Selig was with Bank of America Merrill Lynch from March 1999 to May 2014, ultimately serving as Executive Vice Chairman of Global Corporate and Investment Banking. About Jame Donath: Jame Donath is an investor and corporate director with over 20 years of experience sourcing and executing credit and private equity investments. He was formerly the Managing Partner of Magnolia Road Capital, a global event-driven credit hedge fund based in New York. Prior to forming Magnolia Road in 2013, Mr. Donath was a Managing Director at Davidson Kempner Capital Management in New York and London, where he launched and oversaw the firm's European credit business. He started his career at Goldman Sachs in the Investment Banking Division.
공시 • Jan 12J&T MS 1 SICAV Sends a Letter to Venator MaterialsOn January 10, 2023, J&T MS 1 SICAV announced that it has sent a letter Venator Materials Plc, highlighting the change in share price under the current board management, Company’s strategic decision making, its approach in shareholders engagement and drastic change in shareholder value. In addition, J&T MS 1 SICAV stated that the current board needed to be change to create value to the shareholders and stated that it has nominated Martin Seycek and another independent director to the Company board at the 2023 annual meeting of shareholders.
공시 • Dec 23AMISTA Investment Engages in Discussions with Venator MaterialsOn December 21, 2022, AMISTA Investment Company announced that it has been engaged in substantive discussions with Venator Materials PLC’s management since the filing of the first amendment and intends to hold further discussions in the near future.
Reported Earnings • Nov 17Third quarter 2022 earnings released: US$0.46 loss per share (vs US$0.44 loss in 3Q 2021)Third quarter 2022 results: US$0.46 loss per share (further deteriorated from US$0.44 loss in 3Q 2021). Revenue: US$506.0m (down 9.2% from 3Q 2021). Net loss: US$50.0m (loss widened 6.4% from 3Q 2021). Revenue is forecast to decline by 1.1% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 41% per year, which means it is significantly lagging earnings.
Board Change • Nov 16High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Miguel Kohlmann was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
공시 • Nov 16Cathay Industries entered into a definitive agreement to acquire Iron Oxide Business of Venator Materials PLC.Cathay Industries entered into a definitive agreement to acquire Iron Oxide Business of Venator Materials PLC on November 14, 2022. The enterprise value of Iron Oxide Business $140 million. Purchase price of $140 million, less closing indebtedness of $20 million plus primary working capital and closing cash adjustments as of the closing date approximately $6 million based upon the latest carve out financial statements. The transaction is expected to close by the end of the first quarter in 2023. Citi served as financial advisor and Latham & Watkins served as legal advisor to Venator Materials PLC. Citigroup Inc. (NYSE:C) served as financial advisor and Latham & Watkins LLP served as legal advisor to Venator Materials PLC.
공시 • Nov 07Venator Materials Receives Notice from NYSEVenator Materials PLC received written notice on November 2, 2022, from the NYSE indicating that Venator is no longer in compliance with the continued listing standard set forth in Section 802.01C of the NYSE's Listed Company Manual because the average closing price of the Company's ordinary shares was less than $1.00 per share over a consecutive 30 trading-day period. The notice does not result in the immediate delisting of the company's ordinary shares from the NYSE. Venator plans to notify the NYSE by November 16, 2022, that it intends to cure the stock price deficiency and return to compliance with the NYSE continued listing standard. Venator can regain compliance at any time within the six-month cure period following receipt of the NYSE notice if, on the last trading day of any calendar month during the cure period or on the last business day of the six-month cure period, Venator's ordinary shares have a closing price of at least $1.00 per share and an average closing share price of at least $1.00 over the 30 trading-day period ending on such date. Venator intends to consider available alternatives, including but not limited to a reverse stock split that is subject to shareholder approval, no later than Venator's next Annual General Meeting of Shareholders, if necessary to cure the stock price non-compliance. Venator's ordinary shares will continue to be listed and trade on the NYSE during this period, subject to its compliance with other NYSE continued listing standards.
Buying Opportunity • Nov 01Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 51%. The fair value is estimated to be €1.06, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.1% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 5.8% in 2 years. Earnings is forecast to decline by 76% in the next 2 years.
공시 • Oct 07Venator Materials PLC to Report Q3, 2022 Results on Nov 14, 2022Venator Materials PLC announced that they will report Q3, 2022 results Pre-Market on Nov 14, 2022
Valuation Update With 7 Day Price Move • Sep 20Investor sentiment deteriorated over the past weekAfter last week's 23% share price decline to €1.33, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 10x in the Chemicals industry in Germany. Total loss to shareholders of 49% over the past three years.
공시 • Sep 20AMISTA Investment Engages in Discussions with Venator MaterialsOn September 19, 2022, AMISTA Investment Company has engaged in preliminary discussions with Venator Materials PLC’s management since the filing of the Original Schedule and intend to hold further discussions in the near future.
Board Change • Sep 02High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Miguel Kohlmann was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
공시 • Aug 10Venator Materials PLC Announces Changes to Board of DirectorsVenator Materials PLC announced the resignation of Kathy Patrick from its Board of Directors and the appointment of Miguel Kohlmann to its Board of Directors, both effective August 9, 2022.Ms. Patrick has served as a director since the Company's IPO in 2017 and served on Venator's Audit Committee and Compensation Committee at the time of her resignation. She is resigning due to other professional commitments. Mr. Kohlmann is based in Europe and has substantial industry experience as a former CEO and via service on a number of boards, including the listed Danish building materials group H+H. Mr. Kohlmann is an independent director and will serve as a member of Venator's Audit Committee and Compensation Committee.
Reported Earnings • Jul 27Second quarter 2022 earnings released: EPS: US$0.86 (vs US$0.21 loss in 2Q 2021)Second quarter 2022 results: EPS: US$0.86 (up from US$0.21 loss in 2Q 2021). Revenue: US$642.0m (up 13% from 2Q 2021). Net income: US$93.0m (up US$116.0m from 2Q 2021). Profit margin: 14% (up from net loss in 2Q 2021). Over the next year, revenue is forecast to grow 9.0%, compared to a 7.3% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.
공시 • Jul 12Venator Materials PLC to Report Q2, 2022 Results on Jul 26, 2022Venator Materials PLC announced that they will report Q2, 2022 results Pre-Market on Jul 26, 2022
Breakeven Date Change • May 09Forecast breakeven date pushed back to 2023The 9 analysts covering Venator Materials previously expected the company to break even in 2022. New consensus forecast suggests losses will reduce by 93% to 2022. The company is expected to make a profit of US$32.7m in 2023. Average annual earnings growth of 108% is required to achieve expected profit on schedule.
Reported Earnings • May 05First quarter 2022 earnings released: US$0.028 loss per share (vs US$0.20 loss in 1Q 2021)First quarter 2022 results: US$0.028 loss per share (up from US$0.20 loss in 1Q 2021). Revenue: US$659.0m (up 19% from 1Q 2021). Net loss: US$3.00m (loss narrowed 86% from 1Q 2021). Over the next year, revenue is forecast to grow 9.5%, compared to a 8.5% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings.
공시 • Apr 20Venator Materials PLC to Report Q1, 2022 Results on May 04, 2022Venator Materials PLC announced that they will report Q1, 2022 results Pre-Market on May 04, 2022
Reported Earnings • Feb 24Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: US$0.72 loss per share (up from US$1.05 loss in FY 2020). Revenue: US$2.21b (up 14% from FY 2020). Net loss: US$77.0m (loss narrowed 31% from FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 14%, compared to a 6.6% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 05Third quarter 2021 earnings released: US$0.44 loss per share (vs US$0.39 loss in 3Q 2020)The company reported a solid third quarter result with improved revenues and control over costs, although losses increased. Third quarter 2021 results: Revenue: US$557.0m (up 18% from 3Q 2020). Net loss: US$47.0m (loss widened 12% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings.
Breakeven Date Change • Aug 14Forecast breakeven pushed back to 2022The 10 analysts covering Venator Materials previously expected the company to break even in 2021. New consensus forecast suggests losses will reduce by 81% to 2021. The company is expected to make a profit of US$17.1m in 2022. Average annual earnings growth of 106% is required to achieve expected profit on schedule.
Reported Earnings • Aug 04Second quarter 2021 earnings released: US$0.21 loss per share (vs US$0.18 loss in 2Q 2020)The company reported a solid second quarter result with improved revenues and control over costs, although losses increased. Second quarter 2021 results: Revenue: US$567.0m (up 24% from 2Q 2020). Net loss: US$23.0m (loss widened 21% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 37% per year whereas the company’s share price has fallen by 38% per year.
Breakeven Date Change • Jul 05Forecast breakeven moved forward to 2021The 10 analysts covering Venator Materials previously expected the company to break even in 2022. New consensus forecast suggests the company will make a profit of US$9.32m in 2021. Earnings growth of 94% is required to achieve expected profit on schedule.
공시 • May 07Feralco AB signed an agreement to acquire Water Treatment Business from Venator Materials PLC for approximately $6 million.Feralco AB signed an agreement to acquire Water Treatment Business from Venator Materials PLC for approximately $6 million during April 2021. The consideration will be payable in cash. The transaction is expected to close during the second quarter of 2021.
Reported Earnings • May 07First quarter 2021 earnings released: US$0.20 loss per share (vs US$0.066 profit in 1Q 2020)The company reported a soft first quarter result with weaker earnings and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: US$553.0m (up 3.9% from 1Q 2020). Net loss: US$21.0m (down 400% from profit in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 34% per year, which means it has not declined as severely as earnings.
공시 • Feb 13Venator Materials PLC Appoints Vir Lakshman as Member of its Board of DirectorsVenator Materials PLC ('Venator') announced that Vir Lakshman has been appointed to serve as a member of its Board of Directors. The appointment of Vir Lakshman was effective February 11, 2021. Mr. Lakshman worked for KPMG in Germany from 1999 to July 2019, where he was Head of Chemicals and Life Sciences in Germany and a Deal Advisory Partner.
공시 • Feb 10Venator Materials PLC to Report Q4, 2020 Results on Feb 24, 2021Venator Materials PLC announced that they will report Q4, 2020 results Pre-Market on Feb 24, 2021
공시 • Jan 15Venator Materials PLC Announces Board ChangesVenator Materials PLC announced that the resignation of Sir Robert J. Margetts as a director of the Issuer with effect from 01 January 2021 and the resignation of Douglas D. Anderson as a director of the Issuer with effect from 01 January 2021.
공시 • Jan 05Venator Materials PLC Announces Board ChangesVenator Materials PLC announced that Barry B. Siadat, Aaron C. Davenport and Heike van de Kerkhof have been elected as new members to its Board of Directors. The appointment of Dr. Siadat was effective December 31, 2020. Prior to co-founding SK Capital Partners, Dr. Siadat worked for 37 years in the chemicals and materials industries as an inventor, operator and investor. Dr. Siadat has been the chairman of several specialty materials and chemicals companies. He currently serves as Chairman of the Board for Ascend Performance Materials, Aristech Acrylics, Archroma and SI Group. Additionally, he serves on the Board of Directors of Mt. Sinai Hospital in Miami Beach. Dr. Siadat has been elected Chairman of the Board of Directors of Venator. The appointment of Mr. Davenport was effective January 1, 2021. Mr. Davenport also is a managing director of SK Capital, focusing on the specialty chemicals and pharmaceutical industries. He currently serves as Chairman of the Board of Noramco, Tasmanian Alkaloids, Wavelength Pharmaceuticals and Perimeter Solutions. Mr. Davenport was appointed to serve on Venator's Nominating and Corporate Governance Committee. The appointment of Ms. van de Kerkhof was effective January 1, 2021. Ms. van de Kerkhof has more than 30 years´ experience in the chemicals and materials industries. She is currently Chief Executive Officer and a member of the Board of Directors at Archroma Management GmbH. Prior to Archroma, she held leadership positions across various functions at DuPont from 1989 to 2015 and at Chemours, from 2015 – 2017. Ms. van de Kerkhof was appointed to serve as Chair of Venator's Nominating and Corporate Governance Committee and a member of its Compensation Committee. Daniele Ferrari, Peter R. Huntsman, Kathy D. Patrick and Simon Turner will continue to serve on the Board as a Directors. Mr. Ferrari was appointed Chair of the Audit Committee and member of the Compensation Committee and member of the Nominating and Corporate Governance Committee. Mr. Huntsman was appointed to serve as member of the Audit Committee. Ms. Patrick was appointed Chair of the Compensation Committee and member of the Audit Committee. Douglas D. Anderson and Sir Robert J. Margetts have each resigned from the Board, effective January 1, 2021.
공시 • Dec 25Funds advised by SK Capital Partners completed the acquisition of 39.7% stake in Venator Materials PLC (NYSE:VNTR) from Huntsman Corporation (NYSE:HUN).Funds advised by SK Capital Partners agreed to acquire 39.8% stake in Venator Materials PLC (NYSE:VNTR) from Huntsman Corporation (NYSE:HUN) for approximately $100 million on August 28, 2020. SK Capital agreed to acquire 42.5 million shares as part of this transaction. SK Capital have a 30-month option for the sale of Huntsman’s remaining approximate 9.5 million shares it holds. The transaction is subject to regulatory approvals. Transaction was approved by the non conflicted independent members of Board of Venator Materials. The transaction was approved by the European Commission on December 9, 2020. The transaction is expected to close near year-end. Matthew Arenson, David Holdsworth, Rebecca Villarreal, Melanie Harmon, Benjamin Schreiner, Timothy Lowe, Tim Cruickshank, Will Boothby, Carla Hine, Sarah Jordan, Thomas Wilson, Marin Boney and Michael Falk of Kirkland & Ellis LLP acted as legal advisors to SK Capital Partners. BofA Securities acted as financial advisor in the transaction. Funds advised by SK Capital Partners completed the acquisition of 39.7% stake in Venator Materials PLC (NYSE:VNTR) from Huntsman Corporation (NYSE:HUN) on December 23, 2020. SK Capital acquired 42.4 million shares and The agreement also includes a 30-month option pursuant to which SK Capital can elect to purchase Huntsman’s remaining approximate 9.7 million shares.
공시 • Dec 17Venator Materials PLC Approves Plan to Implement Restructuring Program at Certain of its Manufacturing Facilities in GermanyEffective December 9, 2020, the Board of Directors of Venator Materials PLC approved a plan to implement a restructuring program at certain of its manufacturing facilities in Germany as part of its recently announced 2020 Business Improvement Program. As a result of the closure, the company expects to incur approximately $60 to $80 million of pre-tax charges, consisting of approximately $35 to $40 million of cash charges that it expects to incur through 2022, primarily related to employee severance for approximately 280 associates. The remaining costs consist of non-cash charges primarily related to impairment of fixed assets which the Company expects to incur in the fourth quarter of 2020. The Company expects the 2020 Business Improvement Program, of which this restructuring plan is a part, to result in approximately $45 to $50 million of cash charges and approximately $55 million of annual savings once fully implemented.
Is New 90 Day High Low • Dec 03New 90-day high: €2.14The company is up 20% from its price of €1.78 on 04 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.75 per share.
Analyst Estimate Surprise Post Earnings • Nov 07Revenue beats expectationsRevenue exceeded analyst estimates by 4.9%. Over the next year, revenue is forecast to grow 3.6%, compared to a 2.9% growth forecast for the Chemicals industry in Germany.
Reported Earnings • Nov 07Third quarter 2020 earnings released: US$0.39 loss per shareThe company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: US$474.0m (down 9.9% from 3Q 2019). Net loss: US$42.0m (loss widened 121% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 80% per year but the company’s share price has only fallen by 56% per year, which means it has not declined as severely as earnings.
공시 • Oct 10Venator Materials PLC to Report Q3, 2020 Results on Nov 05, 2020Venator Materials PLC announced that they will report Q3, 2020 results at 9:00 AM, GMT Standard Time on Nov 05, 2020
공시 • Aug 29SK Capital Partners agreed to acquire % stake in Venator Materials PLC (NYSE:VNTR) from Huntsman Corporation (NYSE:HUN) for approximately $100 million.SK Capital Partners agreed to acquire % stake in Venator Materials PLC (NYSE:VNTR) from Huntsman Corporation (NYSE:HUN) for approximately $100 million on August 28, 2020. SK Capital have a 30-month option for the sale of Huntsman’s remaining approximate 9.5 million shares it holds. The transaction is subject to regulatory approvals and is expected to close near year-end.
공시 • Jul 22Venator Materials PLC to Report Q2, 2020 Results on Aug 04, 2020Venator Materials PLC announced that they will report Q2, 2020 results at 9:00 AM, GMT Standard Time on Aug 04, 2020
