TROX Stock Overview
Tronox Holdings plc operates as a vertically integrated manufacturer of TiO2 pigment in North America, South and Central America, Europe, the Middle East, Africa, and the Asia Pacific.
Tronox Holdings Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$17.87|
|52 Week High||US$26.33|
|52 Week Low||US$15.54|
|1 Month Change||-7.65%|
|3 Month Change||-15.47%|
|1 Year Change||-24.18%|
|3 Year Change||64.25%|
|5 Year Change||7.98%|
|Change since IPO||10.99%|
Recent News & Updates
Tronox Is Going To Be Quite Resilient To A Commodity Reversal
More than 10% capacity increases incoming in 2022, recovering the year from factory downtime in the first quarter. Pricing continues to be the main driver of growing revenues, and it is staying ahead of input costs handily. We think that Tronox resists a commodity reversal because of its housing connection, a market we continue to be quite bullish on. Being vertically integrated, especially with respect to Titanium, advantages them strategically, and we think their mid-cycle position isn't reflected in the multiple.
|TROX||US Chemicals||US Market|
Return vs Industry: TROX underperformed the US Chemicals industry which returned -4.1% over the past year.
Return vs Market: TROX underperformed the US Market which returned -12.9% over the past year.
|TROX Average Weekly Movement||8.0%|
|Chemicals Industry Average Movement||7.1%|
|Market Average Movement||7.8%|
|10% most volatile stocks in US Market||16.9%|
|10% least volatile stocks in US Market||2.9%|
Stable Share Price: TROX is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: TROX's weekly volatility (8%) has been stable over the past year.
About the Company
Tronox Holdings plc operates as a vertically integrated manufacturer of TiO2 pigment in North America, South and Central America, Europe, the Middle East, Africa, and the Asia Pacific. The company operates titanium-bearing mineral sand mines; and engages in beneficiation and smelting operations. It offers TiO2 pigment; ultrafine specialty TiO2; zircon; feedstock; pig iron; titanium tetrachloride; and other products.
Tronox Holdings Fundamentals Summary
|TROX fundamental statistics|
Is TROX overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TROX income statement (TTM)|
|Cost of Revenue||US$2.73b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||1.82|
|Net Profit Margin||7.76%|
How did TROX perform over the long term?See historical performance and comparison
2.8%Current Dividend Yield
Is Tronox Holdings undervalued compared to its fair value and its price relative to the market?
Valuation Score 6/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TROX ($17.87) is trading below our estimate of fair value ($109.55)
Significantly Below Fair Value: TROX is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TROX is good value based on its PE Ratio (9.8x) compared to the US Chemicals industry average (17x).
PE vs Market: TROX is good value based on its PE Ratio (9.8x) compared to the US market (15.1x).
Price to Earnings Growth Ratio
PEG Ratio: TROX is good value based on its PEG Ratio (0.3x)
Price to Book Ratio
PB vs Industry: TROX is good value based on its PB Ratio (1.3x) compared to the US Chemicals industry average (2.2x).
How is Tronox Holdings forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Future Growth Score4/6
Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TROX's forecast earnings growth (30.9% per year) is above the savings rate (1.9%).
Earnings vs Market: TROX's earnings (30.9% per year) are forecast to grow faster than the US market (12.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: TROX's revenue (5% per year) is forecast to grow slower than the US market (7.8% per year).
High Growth Revenue: TROX's revenue (5% 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 high in 3 years time (23%)
How has Tronox Holdings performed over the past 5 years?
Past Performance Score1/6
Past Performance Score 1/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TROX has a large one-off loss of $124.0M impacting its March 31 2022 financial results.
Growing Profit Margin: TROX's current net profit margins (7.8%) are lower than last year (32.7%).
Past Earnings Growth Analysis
Earnings Trend: TROX has become profitable over the past 5 years, growing earnings by 63.2% per year.
Accelerating Growth: TROX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TROX had negative earnings growth (-70.4%) over the past year, making it difficult to compare to the Chemicals industry average (31.5%).
Return on Equity
High ROE: TROX's Return on Equity (13.8%) is considered low.
How is Tronox Holdings's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: TROX's short term assets ($2.2B) exceed its short term liabilities ($923.0M).
Long Term Liabilities: TROX's short term assets ($2.2B) do not cover its long term liabilities ($3.2B).
Debt to Equity History and Analysis
Debt Level: TROX's net debt to equity ratio (106.9%) is considered high.
Reducing Debt: TROX's debt to equity ratio has reduced from 266.8% to 120.6% over the past 5 years.
Debt Coverage: TROX's debt is well covered by operating cash flow (30.9%).
Interest Coverage: TROX's interest payments on its debt are well covered by EBIT (4.7x coverage).
What is Tronox Holdings's current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TROX's dividend (2.8%) is higher than the bottom 25% of dividend payers in the US market (1.58%).
High Dividend: TROX's dividend (2.8%) is low compared to the top 25% of dividend payers in the US market (4.11%).
Stability and Growth of Payments
Stable Dividend: TROX's dividend payments have been volatile in the past 10 years.
Growing Dividend: TROX's dividend payments have fallen over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (22%), TROX's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (16.3%), TROX's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
John Romano (56 yo)
Mr. John D. Romano has been a Director at Tronox Holdings plc since March 18, 2021 and has been its Co-Chief Executive Officer since March 18, 2021 and served as its Interim Co-Chief Executive Officer sinc...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD5.08M) is about average for companies of similar size in the US market ($USD6.86M).
Compensation vs Earnings: John's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Management: TROX's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Experienced Board: TROX's board of directors are considered experienced (3.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TROX insiders have sold more shares than they have bought 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 employee growth, exchange listings and data sources
- Name: Tronox Holdings plc
- Ticker: TROX
- Exchange: NYSE
- Founded: NaN
- Industry: Commodity Chemicals
- Sector: Materials
- Implied Market Cap: US$2.785b
- Shares outstanding: 155.82m
- Website: https://www.tronox.com
Number of Employees
- Tronox Holdings plc
- 263 Tresser Boulevard
- Suite 1100
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/23 00:00|
|End of Day Share Price||2022/05/23 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.