Tronox Holdings plc operates as a vertically integrated manufacturer of TiO2 pigment in South and Central America, Europe, the Middle East, Africa, and the Asia Pacific.
Reasonable growth potential with mediocre balance sheet.
Share Price & News
How has Tronox Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: T5X's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: T5X underperformed the German Chemicals industry which returned -18.4% over the past year.
Return vs Market: T5X underperformed the German Market which returned -4.6% over the past year.
Price Volatility Vs. Market
How volatile is Tronox Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Tronox Holdings 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: T5X (€5.7) is trading below our estimate of fair value (€26.62)
Significantly Below Fair Value: T5X is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: T5X is unprofitable, so we can't compare its PE Ratio to the Chemicals industry average.
PE vs Market: T5X is unprofitable, so we can't compare its PE Ratio to the German market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate T5X's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: T5X is overvalued based on its PB Ratio (1.6x) compared to the DE Chemicals industry average (1.4x).
How is Tronox Holdings forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: T5X is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.2%).
Earnings vs Market: T5X is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: T5X's is expected to become profitable in the next 3 years.
Revenue vs Market: T5X's revenue (2.9% per year) is forecast to grow slower than the German market (5.7% per year).
High Growth Revenue: T5X's revenue (2.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: T5X's Return on Equity is forecast to be high in 3 years time (23%)
How has Tronox Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: T5X is currently unprofitable.
Growing Profit Margin: T5X is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: T5X is unprofitable, but has reduced losses over the past 5 years at a rate of 51.9% per year.
Accelerating Growth: Unable to compare T5X's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: T5X is unprofitable, making it difficult to compare its past year earnings growth to the Chemicals industry (-16.7%).
Return on Equity
High ROE: T5X has a negative Return on Equity (-4.71%), as it is currently unprofitable.
How is Tronox Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: T5X's short term assets ($2.2B) exceed its short term liabilities ($911.0M).
Long Term Liabilities: T5X's short term assets ($2.2B) do not cover its long term liabilities ($3.5B).
Debt to Equity History and Analysis
Debt Level: T5X's debt to equity ratio (476.9%) is considered high.
Reducing Debt: T5X's debt to equity ratio has increased from 180.7% to 476.9% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable T5X has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: T5X is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 19.1% per year.
What is Tronox Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: T5X's dividend (4.48%) is higher than the bottom 25% of dividend payers in the German market (1.36%).
High Dividend: T5X's dividend (4.48%) is in the top 25% of dividend payers in the German market (4.18%)
Stability and Growth of Payments
Stable Dividend: T5X has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: T5X has only been paying a dividend for 8 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: T5X is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: T5X's dividends in 3 years are forecast to be well covered by earnings (25.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jeff Quinn (60yo)
Mr. Jeffry N. Quinn, also known as Jeff, J.D., CPA has been Chairman of the Board at Tronox Holdings plc (formerly, Tronox Limited) since March 28, 2019. Mr. Quinn serves as President and Chief Executive O ...
CEO Compensation Analysis
Compensation vs Market: Jeff's total compensation ($USD7.26M) is above average for companies of similar size in the German market ($USD1.25M).
Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.
|Senior VP & CFO||3.58yrs||US$2.08m||0.11% $939.3k|
|Executive VP & COO||2.67yrs||US$2.49m||0.26% $2.1m|
|Senior Vice President of Technology & Saudi Arabia||0.083yr||US$1.95m||0.21% $1.8m|
|Executive VP and Chief Commercial & Strategy Officer||9.25yrs||US$2.32m||0.27% $2.2m|
|Chief Information Officer||3.25yrs||no data||no data|
|Vice President of Investor Relations||0.083yr||no data||no data|
|Senior VP||2.08yrs||US$2.72m||0.021% $169.5k|
|Senior VP & Chief Human Resources Officer||0.25yr||no data||0.18% $1.4m|
|Senior VP of External Affairs & Chief Sustainability Officer||0.67yr||no data||no data|
Experienced Management: T5X's management team is considered experienced (2.3 years average tenure).
|Lead Independent Director||1.17yrs||US$345.18k||0.14% $1.2m|
|Independent Director||7.92yrs||US$266.64k||0.066% $546.4k|
|Independent Director||7.92yrs||US$289.05k||0.11% $926.7k|
|Independent Director||7.75yrs||US$273.93k||0.061% $501.8k|
|Independent Director||1.17yrs||US$256.44k||no data|
|Independent Director||7.92yrs||US$283.38k||0.11% $890.8k|
|Independent Director||2.08yrs||US$287.99k||0.029% $234.7k|
|Independent Director||1.17yrs||US$253.39k||no data|
Experienced Board: T5X's board of directors are not considered experienced ( 1.6 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: T5X insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Tronox Holdings plc's company bio, employee growth, exchange listings and data sources
- Name: Tronox Holdings plc
- Ticker: T5X
- Exchange: DB
- Industry: Commodity Chemicals
- Sector: Materials
- Market Cap: US$896.050m
- Listing Market Cap: US$822.574m
- Shares outstanding: 143.37m
- Website: https://www.tronox.com
Number of Employees
- Tronox Holdings plc
- 263 Tresser Boulevard
- Suite 1100
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|T5X||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Dec 2010|
|TROX||NYSE (New York Stock Exchange)||Yes||Ordinary Shares||US||USD||Dec 2010|
Tronox Holdings plc operates as a vertically integrated manufacturer of TiO2 pigment in South and Central America, Europe, the Middle East, Africa, and the Asia Pacific. The company operates titanium-bearing mineral sand mines, and beneficiation and smelting operations. Its products include TiO2, zircon, and pig iron, as well as feedstock and other products comprising rutile prime, ilmenite, chloride slag, and other mining products. The company’s products are used for the manufacture of paints, coatings, plastics, and paper, as well as a range of other applications. Tronox Holdings plc is based in Stamford, Connecticut.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/26 01:01|
|End of Day Share Price||2020/05/25 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.