Tronox Holdings plc engages in the mining, production, and marketing of inorganic minerals and chemicals in North America, South and Central America, Europe, the Middle East, Africa, and the Asia Pacific.
Reasonable growth potential and slightly overvalued.
Share Price & News
How has Tronox's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TROX's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: TROX underperformed the US Chemicals industry which returned 1.6% over the past year.
Return vs Market: TROX underperformed the US Market which returned 24.7% over the past year.
Price Volatility Vs. Market
How volatile is Tronox's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Tronox 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: TROX ($12.53) is trading below our estimate of fair value ($58.9)
Significantly Below Fair Value: TROX is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TROX is unprofitable, so we can't compare its PE Ratio to the Chemicals industry average.
PE vs Market: TROX is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TROX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TROX is overvalued based on its PB Ratio (2.3x) compared to the US Chemicals industry average (2.2x).
How is Tronox forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TROX is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.7%).
Earnings vs Market: TROX is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: TROX's is expected to become profitable in the next 3 years.
Revenue vs Market: TROX's revenue (13.9% per year) is forecast to grow faster than the US market (7.5% per year).
High Growth Revenue: TROX's revenue (13.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TROX's Return on Equity is forecast to be low in 3 years time (16.4%).
How has Tronox performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TROX is currently unprofitable.
Growing Profit Margin: TROX is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: TROX is unprofitable, but has reduced losses over the past 5 years at a rate of 27.7% per year.
Accelerating Growth: Unable to compare TROX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TROX is unprofitable, making it difficult to compare its past year earnings growth to the Chemicals industry (-17%).
Return on Equity
High ROE: TROX has a negative Return on Equity (3.48%), as it is currently unprofitable.
How is Tronox's financial position?
Financial Position Analysis
Short Term Liabilities: TROX's short term assets ($2.5B) exceed its short term liabilities ($300.0M).
Long Term Liabilities: TROX's short term assets ($2.5B) do not cover its long term liabilities ($3.5B).
Debt to Equity History and Analysis
Debt Level: TROX's debt to equity ratio (366.7%) is considered high.
Reducing Debt: TROX's debt to equity ratio has increased from 99.1% to 366.7% over the past 5 years.
Inventory Level: TROX has a high level of physical assets or inventory.
Debt Coverage by Assets: TROX's debt is not covered by short term assets (assets are 0.8x debt).
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: TROX has been profitable on average in the past, therefore cash runway is not a concern.
Forecast Cash Runway: TROX has been profitable on average in the past, therefore cash runway is not a concern.
What is Tronox's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TROX's dividend (1.44%) is higher than the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: TROX's dividend (1.44%) is low compared to the top 25% of dividend payers in the US market (3.66%).
Stability and Growth of Payments
Stable Dividend: TROX has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TROX has only been paying a dividend for 7 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: TROX is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: TROX's dividends in 3 years are forecast to be thoroughly covered by earnings (10.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jeff Quinn (59yo)
Mr. Jeffry N. Quinn, also known as Jeff, J.D., CPA serves as President and Chief Executive Officer of Tronox Ltd. since December 01, 2017. Mr. Quinn founded Quinpario Partners LLC and served as its Chief E ...
CEO Compensation Analysis
Compensation vs Market: Jeff's total compensation ($USD3.41M) is about average for companies of similar size in the US market ($USD3.86M).
Compensation vs Earnings: Jeff's compensation has increased whilst the company is unprofitable.
|Senior VP & CFO||2.42yrs||US$4.30m||no data|
|Executive VP & COO||2.17yrs||US$5.90m||no data|
|Senior Vice President of Strategy||6.75yrs||US$4.31m||no data|
|Chief Information Officer||2.08yrs||no data||no data|
|Senior Vice President of Investor Relations||1.17yrs||no data||no data|
|Senior VP||0.92yr||no data||no data|
|Vice President of Corporate Communications & Public Relations||1.17yrs||no data||no data|
|Senior VP & Chief Commercial Officer||8.08yrs||US$2.03m||no data|
|Senior VP of Organizational Effectiveness & Chief of Staff||no data||no data||no data|
Experienced Management: TROX's management team is considered experienced (2.1 years average tenure).
|Non-Executive Chairman of the Board||1.75yrs||US$518.15k||no data|
|Non-Executive Director||6.58yrs||US$2.06m||no data|
|Director||0.92yr||no data||no data|
Experienced Board: TROX's board of directors are considered experienced (6.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TROX insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Insufficient data to determine if shareholders have been diluted in the past year.
Tronox Holdings plc's company bio, employee growth, exchange listings and data sources
- Name: Tronox Holdings plc
- Ticker: TROX
- Exchange: NYSE
- Founded: 2005
- Industry: Commodity Chemicals
- Sector: Materials
- Market Cap: US$1.574b
- Shares outstanding: 123.04m
- 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|
|TROX||NYSE (New York Stock Exchange)||Yes||Class A Ordinary Shares||US||USD||Dec 2010|
|TX9||DB (Deutsche Boerse AG)||Yes||Class A Ordinary Shares||DE||EUR||Dec 2010|
Tronox Limited produces and markets titanium bearing mineral sands and titanium dioxide (TiO2) pigment in North America, Europe, South Africa, and the Asia-Pacific region. The company engages in the exploration, mining, and beneficiation of mineral sands deposits. It also produces titanium feedstock products, including chloride slag, slag fines, rutile, synthetic rutile, leucoxene, titanium slag, and ilmenite, as well as co-products, such as pig iron and zircon; and supplies and markets TiO2 used in the manufacture of paint and other coatings, plastics, and paper, as well as various other applications under the TRONOX brand name. The company is based in Stamford, Connecticut.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2019/03/28 00:31|
|End of Day Share Price||2019/03/26 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.