NYSE:VNTR

Stock Analysis Report

Executive Summary

Venator Materials PLC manufactures and markets chemical products worldwide.


Snowflake Analysis

Moderate growth potential and overvalued.


Similar Companies

Share Price & News

How has Venator Materials's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: VNTR's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0.6%

VNTR

7.9%

US Chemicals

7.2%

US Market


1 Year Return

-70.3%

VNTR

-30.0%

US Chemicals

-10.4%

US Market

Return vs Industry: VNTR underperformed the US Chemicals industry which returned -30% over the past year.

Return vs Market: VNTR underperformed the US Market which returned -10.4% over the past year.


Shareholder returns

VNTRIndustryMarket
7 Day0.6%7.9%7.2%
30 Day-35.6%-15.0%-12.6%
90 Day-55.1%-28.0%-19.4%
1 Year-70.3%-70.3%-20.1%-30.0%-8.5%-10.4%
3 Yearn/a-5.5%-23.8%15.8%8.3%
5 Yearn/a5.4%-17.7%35.8%21.0%

Price Volatility Vs. Market

How volatile is Venator Materials's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Venator Materials undervalued compared to its fair value and its price relative to the market?

0.28x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: VNTR ($1.72) is trading above our estimate of fair value ($0.85)

Significantly Below Fair Value: VNTR is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: VNTR is unprofitable, so we can't compare its PE Ratio to the Chemicals industry average.

PE vs Market: VNTR 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 VNTR's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: VNTR is good value based on its PB Ratio (0.3x) compared to the US Chemicals industry average (1.4x).


Next Steps

Future Growth

How is Venator Materials forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

119.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: VNTR is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.7%).

Earnings vs Market: VNTR is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: VNTR's is expected to become profitable in the next 3 years.

Revenue vs Market: VNTR's revenue (1.8% per year) is forecast to grow slower than the US market (7.2% per year).

High Growth Revenue: VNTR's revenue (1.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: VNTR's Return on Equity is forecast to be low in 3 years time (6.7%).


Next Steps

Past Performance

How has Venator Materials performed over the past 5 years?

3.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: VNTR is currently unprofitable.

Growing Profit Margin: VNTR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: VNTR is unprofitable, but has reduced losses over the past 5 years at a rate of 3.3% per year.

Accelerating Growth: Unable to compare VNTR's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: VNTR is unprofitable, making it difficult to compare its past year earnings growth to the Chemicals industry (-7.2%).


Return on Equity

High ROE: VNTR has a negative Return on Equity (-25.26%), as it is currently unprofitable.


Next Steps

Financial Health

How is Venator Materials's financial position?


Financial Position Analysis

Short Term Liabilities: VNTR's short term assets ($977.0M) exceed its short term liabilities ($488.0M).

Long Term Liabilities: VNTR's short term assets ($977.0M) do not cover its long term liabilities ($1.1B).


Debt to Equity History and Analysis

Debt Level: VNTR's debt to equity ratio (112.5%) is considered high.

Reducing Debt: Insufficient data to determine if VNTR's debt to equity ratio has reduced over the past 5 years.


Balance Sheet

Inventory Level: VNTR has a high level of physical assets or inventory.

Debt Coverage by Assets: VNTR's debt is covered by short term assets (assets are 1.3x 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: VNTR has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if VNTR has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Venator Materials's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate VNTR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate VNTR's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if VNTR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if VNTR'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 VNTR'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?

3.2yrs

Average management tenure


CEO

Simon Turner (56yo)

2.83s

Tenure

US$7,525,090

Compensation

Mr. Simon Turner has been the Chief Executive Officer and President at Venator Materials PLC since April 28, 2017. Mr. Turner served as the Division President of Pigments and Additives at Huntsman Internat ...


CEO Compensation Analysis

Compensation vs Market: Simon's total compensation ($USD7.53M) is above average for companies of similar size in the US market ($USD1.49M).

Compensation vs Earnings: Simon's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Simon Turner
President2.83yrsUS$7.53m0.15% $268.6k
Kurt Ogden
Executive VP & CFO3.17yrsUS$1.90m0.055% $100.7k
Russell Stolle
Executive VP3.17yrsUS$1.79m0.047% $87.2k
Mahomed Maiter
Executive Vice President of Business Operations3.17yrsUS$1.19m0.011% $19.4k
Robert Portsmouth
Senior Vice President of EHS1.17yrsno data0.011% $20.8k
Jeffrey Schnell
Investor Relations Directorno datano datano data
Karen Fenwick
Vice President Corporate Branding & Communicationsno datano datano data
Stephen Ibbotson
VP & Corporate Controllerno datano data0.0017% $3.1k
Sean Pettey
Assistant Secretaryno datano datano data

3.2yrs

Average Tenure

56.5yo

Average Age

Experienced Management: VNTR's management team is considered experienced (3.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Simon Turner
President2.83yrsUS$7.53m0.15% $268.6k
Robert Margetts
Vice Chairman & Lead Independent Directorno dataUS$240.00kno data
Peter Huntsman
Chairman2.83yrsUS$220.00k0.0094% $17.2k
Daniele Ferrari
Independent Director2.58yrsUS$220.00kno data
Douglas Anderson
Independent Director2.58yrsUS$235.00k0.0050% $9.1k
Kathy Patrick
Independent Director2.42yrsUS$225.00k0.089% $163.4k

2.6yrs

Average Tenure

58.5yo

Average Age

Experienced Board: VNTR'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

Venator Materials PLC's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Venator Materials PLC
  • Ticker: VNTR
  • Exchange: NYSE
  • Founded: 2017
  • Industry: Specialty Chemicals
  • Sector: Materials
  • Market Cap: US$183.585m
  • Shares outstanding: 106.74m
  • Website: https://www.venatorcorp.com

Number of Employees


Location

  • Venator Materials PLC
  • Titanium House
  • Hanzard Drive
  • Stockton-On-Tees
  • Cleveland
  • TS22 5FD
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
VNTRNYSE (New York Stock Exchange)YesOrdinary SharesUSUSDAug 2017
1ECDB (Deutsche Boerse AG)YesOrdinary SharesDEEURAug 2017

Biography

Venator Materials PLC manufactures and markets chemical products worldwide. It operates through two segments, Titanium Dioxide and Performance Additives. The Titanium Dioxide segment offers titanium dioxide (TiO2), such as rutile, anatase, and nano TiO2 products for use in coatings, plastics, paper, printing inks, fibers, and food and personal care products. The Performance Additives segment provides barium and zinc additives for use in coatings, films, pharmaceuticals, and paper and glass fiber reinforced plastics; colored inorganic pigments comprising iron oxides, ultramarines, specialty inorganics chemicals, and driers for construction, coating, plastic, and specialty markets; wood protection chemicals for use in residential and commercial applications; and water treatment chemicals for the municipal and industrial waste water treatment markets, as well as for the paper industry. Venator Materials PLC was founded in 2017 and is headquartered in Stockton-On-Tees, the United Kingdom. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/31 03:41
End of Day Share Price2020/03/30 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.