Trecora Resources
Market Cap
US$193.5m
Last Updated
2021/04/22 07:32 UTC
Data Sources
Company Financials
Executive Summary
Trecora Resources primarily manufactures and sells various specialty petrochemicals products and specialty waxes in the United States. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet and fair value.
Similar Companies
Share Price & News
How has Trecora Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TREC is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: TREC's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
-1.4%
TREC
0.8%
US Chemicals
-0.7%
US Market
1 Year Return
48.2%
TREC
70.7%
US Chemicals
58.2%
US Market
Return vs Industry: TREC underperformed the US Chemicals industry which returned 68.4% over the past year.
Return vs Market: TREC underperformed the US Market which returned 55% over the past year.
Shareholder returns
| TREC | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.4% | 0.8% | -0.7% |
| 30 Day | 0.6% | 3.0% | 3.2% |
| 90 Day | 9.9% | 5.6% | 4.4% |
| 1 Year | 48.2%48.2% | 74.3%70.7% | 61.0%58.2% |
| 3 Year | -40.8%-40.8% | 45.3%23.4% | 66.1%55.5% |
| 5 Year | -33.2%-33.2% | 92.8%54.1% | 120.9%96.2% |
Long-Term Price Volatility Vs. Market
How volatile is Trecora Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Is Trecora Resources (NYSE:TREC) Popular Amongst Insiders?1 month ago | Simply Wall St
We Think You Should Be Aware Of Some Concerning Factors In Trecora Resources' (NYSE:TREC) Earnings1 month ago | Simply Wall St
Should We Be Excited About The Trends Of Returns At Trecora Resources (NYSE:TREC)?Valuation
Is Trecora Resources undervalued compared to its fair value and its price relative to the market?
48.2%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TREC ($7.75) is trading below our estimate of fair value ($14.82)
Significantly Below Fair Value: TREC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TREC is poor value based on its PE Ratio (38.7x) compared to the US Chemicals industry average (27.3x).
PE vs Market: TREC is poor value based on its PE Ratio (38.7x) compared to the US market (22.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TREC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TREC is good value based on its PB Ratio (0.9x) compared to the US Chemicals industry average (2.8x).
Future Growth
How is Trecora Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
20.3%
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Trecora Resources has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Past Performance
How has Trecora Resources performed over the past 5 years?
-53.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TREC has high quality earnings.
Growing Profit Margin: TREC became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: TREC's earnings have declined by 53.8% per year over the past 5 years.
Accelerating Growth: TREC has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: TREC has become profitable in the last year, making it difficult to compare its past year earnings growth to the Chemicals industry (3.3%).
Return on Equity
High ROE: TREC's Return on Equity (2.4%) is considered low.
Financial Health
How is Trecora Resources's financial position?
Financial Position Analysis
Short Term Liabilities: TREC's short term assets ($105.9M) exceed its short term liabilities ($29.6M).
Long Term Liabilities: TREC's short term assets ($105.9M) exceed its long term liabilities ($82.8M).
Debt to Equity History and Analysis
Debt Level: TREC's debt to equity ratio (25.5%) is considered satisfactory.
Reducing Debt: TREC's debt to equity ratio has reduced from 57.1% to 25.5% over the past 5 years.
Debt Coverage: TREC's debt is well covered by operating cash flow (49%).
Interest Coverage: TREC's interest payments on its debt are not well covered by EBIT (1.5x coverage).
Balance Sheet
Dividend
What is Trecora Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TREC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TREC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TREC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TREC's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TREC's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.9yrs
Average management tenure
CEO
Pat Quarles (53 yo)
2.42yrs
Tenure
US$1,797,141
Compensation
Mr. Patrick D. Quarles, also known as Pat, serves as President, Chief Executive Officer and Director at Trecora Resources since November 30, 2018. He served as an Independent Director of Trecora Resources ...
CEO Compensation Analysis
Compensation vs Market: Pat's total compensation ($USD1.80M) is above average for companies of similar size in the US market ($USD967.82K).
Compensation vs Earnings: Pat's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: TREC's management team is considered experienced (2.9 years average tenure).
Board Members
Experienced Board: TREC's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Trecora Resources's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Trecora Resources
- Ticker: TREC
- Exchange: NYSE
- Founded: 1967
- Industry: Commodity Chemicals
- Sector: Materials
- Market Cap: US$193.465m
- Shares outstanding: 24.96m
- Website: https://www.trecora.com
Number of Employees
Location
- Trecora Resources
- 1650 Highway 6 South
- Suite 190
- Sugar Land
- Texas
- 77478
- United States
Listings
Biography
Trecora Resources primarily manufactures and sells various specialty petrochemicals products and specialty waxes in the United States. The company operates through two segments, Specialty Petrochemicals an...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/22 07:32 |
| End of Day Share Price | 2021/04/21 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.