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.
Fair value 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: 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 -13% over the past year.
Return vs Market: TROX underperformed the US Market which returned 10.2% 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
2 weeks ago | Simply Wall StDoes Tronox Holdings plc (NYSE:TROX) Have A Place In Your Dividend Portfolio?
1 month ago | Simply Wall StHave Insiders Been Buying Tronox Holdings plc (NYSE:TROX) Shares This Year?
2 months ago | Simply Wall StSome Tronox Holdings (NYSE:TROX) Shareholders Have Copped A Big 53% Share Price Drop
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: TROX ($7.75) is trading below our estimate of fair value ($20.34)
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 good value based on its PB Ratio (1.5x) compared to the US Chemicals industry average (1.9x).
How is Tronox Holdings forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if TROX's forecast earnings growth is above the savings rate (1.7%).
Earnings vs Market: Insufficient data to determine if TROX's earnings are forecast to grow faster than the US market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: TROX's revenue (7% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: TROX's revenue (7% 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 (28.9%)
How has Tronox Holdings 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 49.9% 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 (-15.9%).
Return on Equity
High ROE: TROX has a negative Return on Equity (-11.14%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Tronox Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: TROX's short term assets ($2.1B) exceed its short term liabilities ($724.0M).
Long Term Liabilities: TROX's short term assets ($2.1B) do not cover its long term liabilities ($3.7B).
Debt to Equity History and Analysis
Debt Level: TROX's debt to equity ratio (330.3%) is considered high.
Reducing Debt: TROX's debt to equity ratio has increased from 134.3% to 330.3% 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 0.7x 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: Whilst unprofitable TROX has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TROX is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 14.9% per year.
What is Tronox Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: TROX's dividend (2.32%) is higher than the bottom 25% of dividend payers in the US market (1.53%).
High Dividend: TROX's dividend (2.32%) is low compared to the top 25% of dividend payers in the US market (3.96%).
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 8 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 (7.1% 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 ($USD7.94M) is above average for companies of similar size in the US market ($USD2.58M).
Compensation vs Earnings: Jeff's compensation has increased whilst the company is unprofitable.
|Senior VP & CFO||3.3yrs||US$2.12m||0.098% $1.1m|
|Executive VP & COO||3.1yrs||US$2.66m||0.25% $2.7m|
|Senior VP||1.8yrs||US$2.72m||0.021% $229.0k|
|Executive VP and Chief Commercial & Strategy Officer||9yrs||US$2.65m||0.26% $2.8m|
|Chief Information Officer||3yrs||no data||no data|
|Senior Vice President of Investor Relations||2.1yrs||no data||no data|
|Senior VP & Chief Human Resources Officer||0yrs||no data||no data|
|Senior Vice President of Business Transformation||7.7yrs||US$4.31m||0.20% $2.2m|
|Senior VP of External Affairs & Chief Sustainability Officer||0.4yrs||no data||no data|
Experienced Management: TROX's management team is considered experienced (3 years average tenure).
|Lead Independent Director||0.9yrs||US$522.15k||0.12% $1.3m|
|Independent Director||7.7yrs||US$233.50k||0.067% $738.1k|
|Independent Director||7.7yrs||US$268.50k||0.11% $1.3m|
|Independent Director||7.5yrs||US$228.61k||0.062% $677.9k|
|Independent Director||0.9yrs||no data||no data|
|Independent Director||7.7yrs||US$258.51k||0.11% $1.2m|
|Independent Director||1.8yrs||US$152.84k||0.029% $317.1k|
|Independent Director||0.9yrs||no data||no data|
|Director||0.8yrs||no data||0.00068% $7.5k|
Experienced Board: TROX's board of directors are not considered experienced ( 1.4 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: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 13.8%.
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$1.100b
- Shares outstanding: 141.90m
- 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 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. It mines and processes titanium ore, zircon, and other minerals; and manufactures titanium dioxide pigments that add brightness and durability to paints, plastics, paper, and other everyday products. The company was founded in 2005 and is based in Stamford, Connecticut.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/27 01:51|
|End of Day Share Price||2020/02/26 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.