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. More Details
Reasonable growth potential and slightly overvalued.
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 matched the US Chemicals industry which returned 11.3% over the past year.
Return vs Market: TROX underperformed the US Market which returned 19.5% 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 StHere's Why Tronox Holdings (NYSE:TROX) Has A Meaningful Debt Burden
1 month ago | Simply Wall StWith A 2.6% Return On Equity, Is Tronox Holdings plc (NYSE:TROX) A Quality Stock?
1 month ago | Simply Wall StAre Tronox Holdings's (NYSE:TROX) Statutory Earnings A Good Guide To Its Underlying Profitability?
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 ($9.38) is trading below our estimate of fair value ($26.4)
Significantly Below Fair Value: TROX is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TROX is poor value based on its PE Ratio (148.6x) compared to the US Chemicals industry average (28x).
PE vs Market: TROX is poor value based on its PE Ratio (148.6x) compared to the US market (19x).
Price to Earnings Growth Ratio
PEG Ratio: TROX is poor value based on its PEG Ratio (1.8x)
Price to Book Ratio
PB vs Industry: TROX is overvalued based on its PB Ratio (2.2x) compared to the US Chemicals industry average (2.1x).
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: TROX's forecast earnings growth (80.4% per year) is above the savings rate (2.2%).
Earnings vs Market: TROX's earnings (80.4% per year) are forecast to grow faster than the US market (22.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: TROX's revenue (4.7% per year) is forecast to grow slower than the US market (10% per year).
High Growth Revenue: TROX's revenue (4.7% 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 (25.7%)
How has Tronox Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TROX has a large one-off loss of $106.0M impacting its June 30 2020 financial results.
Growing Profit Margin: TROX became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: TROX has become profitable over the past 5 years, growing earnings by 55.8% per year.
Accelerating Growth: TROX has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: TROX has become profitable in the last year, making it difficult to compare its past year earnings growth to the Chemicals industry (-18.6%).
Return on Equity
High ROE: TROX's Return on Equity (2.6%) is considered low.
How is Tronox Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: TROX's short term assets ($2.5B) exceed its short term liabilities ($727.0M).
Long Term Liabilities: TROX's short term assets ($2.5B) do not cover its long term liabilities ($4.0B).
Debt to Equity History and Analysis
Debt Level: TROX's debt to equity ratio (485.7%) is considered high.
Reducing Debt: TROX's debt to equity ratio has increased from 205.6% to 485.7% over the past 5 years.
Debt Coverage: TROX's debt is not well covered by operating cash flow (11.2%).
Interest Coverage: TROX's interest payments on its debt are not well covered by EBIT (1.8x coverage).
What is Tronox Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TROX's dividend (2.99%) is higher than the bottom 25% of dividend payers in the US market (1.62%).
High Dividend: TROX's dividend (2.99%) is low compared to the top 25% of dividend payers in the US market (4.66%).
Stability and Growth of Payments
Stable Dividend: TROX has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TROX has only been paying a dividend for 8 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (364.5%), TROX's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: TROX's dividends in 3 years are forecast to be well covered by earnings (20.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jeff Quinn (61 yo)
Mr. Jeffry N. Quinn, also known as Jeff, J.D., CPA has been Chairman of the Board at Tronox Holdings plc (formerly, Tronox Limited) since March 28, 2019. Mr. Quinn serves as President and Chief Executive O ...
CEO Compensation Analysis
Compensation vs Market: Jeff's total compensation ($USD7.26M) is above average for companies of similar size in the US market ($USD4.44M).
Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.
|Senior VP & CFO||4yrs||US$2.08m||0.11% |
|Executive VP & COO||3.08yrs||US$2.49m||0.25% |
|Senior Vice President of Technology & Saudi Arabia||0.50yr||US$1.95m||0.21% |
|Executive VP and Chief Commercial & Strategy Officer||9.67yrs||US$2.32m||0.26% |
|Chief Information Officer||3.67yrs||no data||no data|
|Vice President of Investor Relations||0.50yr||no data||no data|
|Senior VP||2.5yrs||US$2.72m||0.021% |
|Senior VP & Chief Human Resources Officer||0.67yr||no data||0.11% |
|Senior VP of External Affairs & Chief Sustainability Officer||1.08yrs||no data||no data|
|Senior VP of Business Development & Finance||2.75yrs||no data||no data|
|Chief Procurement Officer||1.75yrs||no data||no data|
Experienced Management: TROX's management team is considered experienced (2.6 years average tenure).
|Lead Independent Director||1.58yrs||US$345.18k||0.14% |
|Independent Director||8.33yrs||US$266.64k||0.069% |
|Independent Director||8.17yrs||US$273.93k||0.063% |
|Independent Director||1.58yrs||US$256.44k||0.011% |
|Independent Director||2.5yrs||US$287.99k||0.031% |
|Independent Director||1.58yrs||US$253.39k||0.011% |
|Director Emeritus||1.5yrs||no data||no data|
Experienced Board: TROX'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: 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 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: TROX
- Exchange: NYSE
- Founded: 2018
- Industry: Commodity Chemicals
- Sector: Materials
- Market Cap: US$1.346b
- Shares outstanding: 143.52m
- 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-beari ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/20 00:45|
|End of Day Share Price||2020/10/19 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.