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Venator Materials PLCOTCPK:VNTR.F Stok Raporu

Piyasa Değeri US$7.9m
Hisse Fiyatı
US$10.01
Adil Değerim
Kullanılamıyor
1Y-95.0%
7D0%
1D
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Venator Materials PLC

OTCPK:VNTR.F Stok Raporu

Piyasa değeri: US$7.9m

Venator Materials (VNTR.F) Hisse Özeti

Venator Materials PLC, bağlı ortaklıklarıyla birlikte Birleşik Krallık'ta ve uluslararası alanda kimyasal ürünler üretmekte ve pazarlamaktadır. Daha fazla detay

VNTR.F temel anali̇z
Kar Tanesi Skoru
Değerleme0/6
Gelecekteki Büyüme0/6
Geçmiş Performans0/6
Finansal Sağlık0/6
Temettüler0/6

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Venator Materials PLC Rakipler

Fiyat Geçmişi ve Performans

Hisse fiyatlarındaki yükseliş, düşüş ve değişimlerin özeti Venator Materials
Tarihsel hisse senedi fiyatları
Güncel Hisse FiyatıUS$10.01
52 Haftanın En Yüksek SeviyesiUS$250.00
52 Haftanın En Düşük SeviyesiUS$0.01
Beta0
1 Aylık Değişim0%
3 Aylık Değişim-59.98%
1 Yıllık Değişim-94.99%
3 Yıllık Değişim-99.56%
5 Yıllık Değişim-99.90%
Halka arzdan bu yana değişim-99.90%

Son Haberler & Güncellemeler

Recent updates

Seeking Alpha Feb 20

Venator Materials Q4 2022 Earnings Preview

Venator Materials (NYSE:VNTR) is scheduled to announce Q4 earnings results on Tuesday, February 21st, before market open. The consensus EPS Estimate is -$0.54 (-980.0% Y/Y) and the consensus Revenue Estimate is $374.7M (-30.0% Y/Y). Over the last 2 years, VNTR has beaten EPS estimates 38% of the time and has beaten revenue estimates 50% of the time. Over the last 3 months, EPS estimates have seen 0 upward revisions and 4 downward. Revenue estimates have seen 1 upward revision and 3 downward.
Seeking Alpha Jan 20

Venator Materials says Q4 performance significantly below market expectations

Venator Materials (NYSE:VNTR) said it expects Q4 performance to be significantly below current market expectations, with estimated adjusted EBITDA in the range of -$57M to -$62M. The company provided an update on its Q4 financial results and strategic review, in addition to the appointment of board directors. VNTR said it continued to experience challenging macro-economic conditions in Q4, including low consumer confidence, weak demand, record high energy prices and other inflationary costs. Q4 TiO2 sales volumes are expected to be ~28% lower Q/Q and ~44% Y/Y. The company's estimated total liquidity was ~$275M as of Dec. 31. It has taken actions that include implementing a $50M cost reduction program, closing a sale-leaseback transaction for a Color Pigments manufacturing site for $51M and entering into a definitive agreement to divest the iron oxide business from within the Color Pigments business to Cathay Industries for an enterprise value of $140M. Separately, Venator has appointed Moelis & Company and Kirkland & Ellis, along with the business and operational advisor Alvarez & Marsal, to assist with a strategic review and engagement with stakeholders. The company has appointed new independent directors, Stefan Selig and Jame Donath, after the resignation of Miguel Kohlmann. Selig will serve as the board chairman, replacing Barry Siadat who steps down as chairman and remains a board member. The company plans to engage with key stakeholders over its capital structure, commencing immediately. The company said it continues to evaluate all options to drive value for all its stakeholders. Source: Press Release
Seeking Alpha Dec 22

Venator Materials: More Pain Ahead But Too Risky To Short

Summary The company closed Q3 2022 with an attributable net loss of $50 million as higher average selling prices couldn't compensate for weak demand in the titanium dioxide segment. Demand weakness continued into the fourth quarter in Europe and APAC, and Venator Materials is starting to see some softening in North America too. The company has started selling assets and has a cost-cutting plan in place, but significant stock dilution or bankruptcy in the next two years is starting to look likely. I think it could be best for risk-averse investors to avoid this stock. Introduction I've written about titanium dioxide producer Venator Materials (VNTR) two times on SA so far, the latest of which was in September. Back then, I said that energy prices in Europe were rising and that the company was likely to struggle to pass on further cost increases to its customers as titanium dioxide prices in China had been falling rapidly since July. Well, the company closed Q3 2022 with an attributable net loss of $50 million and the balance sheet looks ugly even after two deals involving its color pigments division worth $191 million. In my view, Q4 financial results are likely to be even more underwhelming than the ones for Q3, and liquidity is running out. The company could be heading either to significant stock dilution or bankruptcy in the next two years. Let's review. Overview of the Q3 2022 financial results In case you haven't read any of my previous articles about Venator Materials, here's a quick description of the business. The company is based in the UK and in 2017 it was separated from Huntsman Corp. (HUN), thus becoming public through a $454 million initial public offering ((IPO)). Its portfolio includes a total of 7 titanium dioxide production plants and 13 manufacturing and processing facilities focused on functional additives, color pigments, and timber treatment chemicals (these operations make up its performance additives segment). Venator Materials employs about 3,500 people and sells its products in over 110 countries worldwide. The titanium dioxide segment is focused on Europe and usually accounts for about three-quarters of revenues. Titanium dioxide is used primarily as a vivid colorant and across the EU, it's a popular ingredient in paints, plastics, paper, pharmaceuticals, sunscreen, and food products. The issue here is that chemical companies are sensitive to energy prices and the war in Ukraine has put Venator Materials in a tough spot. The company was already being pressured by Chinese competitors before the war, finishing every year since 2018 with a net loss. The LTM result is positive, but this is mainly due to an $85 million settlement with Tronox (TROX). This lawsuit was over a break fee contained in an exclusivity agreement from July 2018 relating to Venator's merger with Cristal. As you can see from the table below, the titanium dioxide business is in serious trouble as its EBITDA slipped into the red in Q3 2022. Venator Materials In Q3, the average selling prices in the titanium dioxide segment increased by 19% year on year and 1% quarter on quarter in local currency but sales volumes slumped by 29% year on year and 25% quarter on quarter due to low demand, primarily in Europe and APAC. With COGS rising significantly due to higher energy, raw materials, and shipping expenses, EBITDA was minus $5 million. The performance additives segment fared better thanks to a 31% year on year increase in average selling prices, but this was not enough to offset the loss coming from the titanium dioxide business as sales volumes decreased by 8% year on year due to soft demand in Europe and APAC. Venator Materials With no end in sight for the war in Ukraine, energy prices in Europe are likely to remain high in the foreseeable future which puts the financial results of Venator Materials under severe pressure. In addition, the company said during its Q3 2022 earnings call that demand weakness continued into the fourth quarter in Europe and APAC and that it's starting to see some softening in North America as well. It seems that Q4 results are likely to be even more underwhelming. To counter this, Venator Materials is reducing its 2022 CAPEX by $20 million to $70 million and is implementing a $30 million cost reduction program that is expected to deliver $50 million of annualized savings by the end of 2024. Venator Materials In addition, Venator Materials announced in October that it closed a $51.3 million sale-leaseback for its color pigments manufacturing facility in California. According to the Q3 financial report, the company received proceeds of $42 million, net of $9 million of taxes and other expenses (see page 9 here). Just over a month later, Venator Materials revealed that it's selling its iron oxide business at an enterprise value of $140 million. This operation forms part of the performance additives segment and considering its average annual EBITDA in 2020 and 2021 adjusted for the impact of the sale-leaseback deal was $16 million, I think Venator Materials is getting a good price here. The deal should be closed at the end of March, but I think that the asset disposals are too small to help Venator Materials avoid major stock dilution or bankruptcy in the coming years. You see, net debt rose to $926 million in September, with a term loan facility in an aggregate principal amount of $375 million maturing in August 2024. While shareholders' equity was $420 million, I think it's likely that the company's business is worth much lower than its book value in this challenging market environment. For example, even the sales of the profitable iron oxide business and the California facility are expected to result in a pre-tax loss of $35 million to $45 million in Q4 (see page 9). Venator Materials
Analiz Makalesi Dec 17

Capital Allocation Trends At Venator Materials (NYSE:VNTR) Aren't Ideal

To avoid investing in a business that's in decline, there's a few financial metrics that can provide early indications...
Seeking Alpha Dec 07

Venator automates carbon footprint with Atos

Venator (NYSE:VNTR) is working with Atos, global leader in digital transformation – to measure the carbon footprint of its products. As Venator increases its focus on sustainability across its operations, this strategic project will enable the business to deliver data on the carbon footprint of its products to its customers and accelerate its sustainability ambitions. "Our collaboration has shown that Venator is in a very good position to build an automated PCF with their excellent data and ERP process foundation. With this pilot project, Venator will be able to have a clear, transparent and comparable PCF for the products in scope. They will also be able to gain valuable insights into internal and external supply chain dependencies, supported by the graph visualization, which can help them in developing sustainability commitments which span the entire supply chain." said Stuart Lemmon, Head of Net Zero Transformation Practice, at Atos.
Seeking Alpha Nov 13

Venator Materials Q3 2022 Earnings Preview

Venator Materials (NYSE:VNTR) is scheduled to announce Q3 earnings results on Monday, November 14th, before market open. The consensus EPS Estimate is -$0.03 ( vs. $0.03 in 3Q21) and the consensus Revenue Estimate is $565.71M (+1.6% Y/Y). Over the last 2 years, VNTR has beaten EPS estimates 50% of the time and has beaten revenue estimates 75% of the time. Over the last 3 months, EPS estimates have seen 0 upward revisions and 6 downward. Revenue estimates have seen 0 upward revisions and 5 downward.
Seeking Alpha Nov 04

Venator gets listing deficiency letter from NYSE

Venator Materials (NYSE:VNTR) on Friday said it got notice from the NYSE saying it is no longer in compliance with a certain listing rule. NYSE notified VNTR that its average closing price of ordinary shares was less than $1.00 per share over a consecutive 30 trading-day period. The notice does not result in immediate delisting of VNTR ordinary shares from NYSE. VNTR plans to notify NYSE by Nov 16, 2022, that it intends to cure the stock price deficiency and return to compliance with listing standards. VNTR intends to consider available alternatives, including but not limited to a reverse stock split that is subject to shareholder approval, no later than next Annual General Meeting.
Analiz Makalesi Oct 25

Should You Think About Buying Venator Materials PLC (NYSE:VNTR) Now?

Venator Materials PLC ( NYSE:VNTR ), is not the largest company out there, but it saw a decent share price growth in...
Seeking Alpha Oct 10

Venator Materials announces $51.3M sale-leaseback deal for Los Angeles facility

Venator Materials (NYSE:VNTR) said Monday its U.S. affiliate closed a sale-leaseback deal for its Color Pigments manufacturing facility in Los Angeles with New Mountain Net Lease for $51.3M. VNTR entered into an agreement to lease the property from New Mountain for 15 years, with an option to extend the lease for two additional terms of ~10 years each. The annual lease cost will be $3.4M in the first year, with an initial corresponding cap rate of 6.7%. VNTR last week warned of weak TiO2 sales in Europe and Asia in Q3.
Seeking Alpha Sep 29

Venator Materials Could Struggle To Pass On Cost Increases To Its Clients

Summary Venator Materials booked an adjusted net income of $14 million in Q2 2022 as average selling prices at its titanium dioxide business rose by 31% year on year. However, titanium dioxide prices in China have declined significantly over the past few months and Venator Materials could face significant pricing pressure in Europe soon. Meanwhile, energy prices in Europe keep rising as the Russian invasion of Ukraine is still escalating. In my view, the company’s adjusted net income could be back in the red by Q4 2022. Introduction In June, I wrote a bearish article on SA about titanium dioxide producer Venator Materials (TROX) in which I said that a $85 million settlement with Tronox Holdings (TROX) seemed priced in and that the company was starting to look overvalued as its business hasn't been doing well over the past few years. Well, Venator Materials booked solid Q2 2022 as it managed to pass on cost inflation to its customers thanks to a strong titanium dioxide market. The company is in the black once again as the adjusted net income came in at $14 million. However, energy prices in Europe have been rising over the past few months due to the escalating conflict in Ukraine and I think that Venator is likely to struggle to pass on further cost increases to its customers as titanium dioxide prices in China have been falling rapidly since July. Let’s review. Overview of the recent developments In case you haven’t read my previous article about Venator Materials, here’s a short description of the business. The company operates seven titanium dioxide manufacturing facilities and a performance additives business focused functional additives, color pigments, and timber treatment chemicals that includes another 13 manufacturing and processing facilities worldwide. About three-quarters of the revenues and EBITDA of Venator Materials come from the titanium dioxide business and the company is focused on the European market. Venator Materials Venator Materials has been in the red over the past several years, but this changed in 2022 as the adjusted net income came in at $14 million and $6 million in Q2 and Q1, respectively. Venator Materials Venator Materials So, how did Venator achieve this turnaround? Well, there have been cost pressures from higher prices for feedstocks, and energy in 2022 due to supply chain issues and the situation in Europe is made worse due to the conflict in Ukraine. To mitigate this, Venator Materials decided to manage its margins by switching to monthly customer tailored price reviews and this has been working well so far thanks to strong titanium dioxide prices as demand has been strong in North America. In Q2 2022, the average selling prices of the company's titanium dioxide business rose by 7% quarter on quarter and 31% year on year which helped it improve its EBITDA despite a lower production volume due to issues with the Scarlino facility in Italy. Venator Materials In Q2 2022, production at the Scarlino plant was reduced by a third as there is limited landfill capacity. The facility generates gypsum as a byproduct and Venator Materials is currently working with governmental authorities for the authorization of continued gypsum disposal. However, it seems that there has been little progress on this issue and the company revealed at its Q2 earnings call that it has now suspended two-thirds of titanium dioxide production there to preserve its remaining available landfill capacity. Unless there is a resolution of this issue soon, the Scarlino plant could be closed for good in the near future. What’s even worse news for Venator Materials is that the company could soon face significant pricing pressure in Europe as titanium dioxide prices in China have been falling fast over the past few months. This should incentivize Chinese competitors to increase exports. Business Analytiq Meanwhile, energy prices in Europe keep rising as the Russian invasion of Ukraine is still escalating. The latest major event includes leaks from two Russia-to-Germany pipelines under the Baltic Sea and this decreases the chance of European gas prices returning to normal levels anytime soon. Trading Economics You just can’t have a competitive chemical industry without low energy prices, and it seems that the margins of Venator Materials could decline significantly in the near future. Looking at the Q3 results expectations, BMO Capital recently reduced its EPS forecast to $0.02 from $0.05. It seems that the company's return to profitability could be short-lived. Turning our attention to the balance sheet, I think the situation doesn’t look good either. The net debt to equity ratio was 1.5x as of June as free cash flow for the quarter came in at just $58 million despite Venator Materials receiving the $85 million from the settlement from Tronox. Primary working capital was $54 million cash use due to timing of feedstock shipments and higher costs, and the company expects its cash use for the full year to be above $30 million. Considering that CAPEX for H2 2022 is expected to be around $60 million, the situation looks grim. Venator Materials Overall, I’m bearish but I think that short selling could be dangerous as the market valuation is down to $113 million as of the time of writing and sometimes the share prices of microcap companies can increase for spurious and unknown reasons. In addition, Venator Materials is currently trading at below 0.2x book value. In my view, risk-averse investors should avoid this stock.
Analiz Makalesi Sep 17

The Return Trends At Venator Materials (NYSE:VNTR) Look Promising

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Amongst other things...
Seeking Alpha Jul 26

Venator Materials Non-GAAP EPS of $0.13 beats by $0.04, revenue of $642M misses by $41.4M

Venator Materials press release (NYSE:VNTR): Q2 Non-GAAP EPS of $0.13 beats by $0.04. Revenue of $642M (+13.2% Y/Y) misses by $41.4M. Net income attributable to Venator of $93 million compared to net loss of $23 million in the prior year period. Adjusted EBITDA of $61 million compared to $43 million in the prior year period. Net cash provided by operating activities of $73 million and free cash flow of $58 million. Received $85 million cash in settlement with Tronox on April 25, 2022, which has been excluded from adjusted EBITDA.
Seeking Alpha Jun 03

Venator Materials: $85 Million Settlement Looks Priced In And I'm Bearish

In April, the company received $85 million in cash as part of a settlement with Tronox, but its market valuation has increased by $82 million since then. Titanium dioxide prices have increased significantly over the past several months, but 2022 could be another bad year for Venator due to high energy costs and supply chain issues. I think the share price of Venator is likely to return below $2.00 by the end of the year. I’m bearish and the short borrow fee rate stands at just 0.41% as of the time of writing.
Analiz Makalesi Jun 02

These 4 Measures Indicate That Venator Materials (NYSE:VNTR) Is Using Debt In A Risky Way

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analiz Makalesi May 12

Investors Will Want Venator Materials' (NYSE:VNTR) Growth In ROCE To Persist

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analiz Makalesi Feb 23

Venator Materials (NYSE:VNTR) Seems To Be Using A Lot Of Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analiz Makalesi Dec 01

The Return Trends At Venator Materials (NYSE:VNTR) Look Promising

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...
Analiz Makalesi Sep 21

Health Check: How Prudently Does Venator Materials (NYSE:VNTR) Use Debt?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analiz Makalesi Jun 04

We Discuss Why Venator Materials PLC's (NYSE:VNTR) CEO Compensation May Be Closely Reviewed

The results at Venator Materials PLC ( NYSE:VNTR ) have been quite disappointing recently and CEO Simon Turner bears...
Analiz Makalesi Apr 14

Is Venator Materials (NYSE:VNTR) Using Debt In A Risky Way?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analiz Makalesi Mar 16

Can You Imagine How Jubilant Venator Materials' (NYSE:VNTR) Shareholders Feel About Its 155% Share Price Gain?

When you buy shares in a company, there is always a risk that the price drops to zero. But if you pick the right...

Hissedar Getirileri

VNTR.FUS ChemicalsUS Pazar
7D0%0.1%1.1%
1Y-95.0%8.9%28.7%

Getiri vs. Endüstri: VNTR.F geçen yıl % 8.9 oranında getiri sağlayan US Chemicals sektörünün gerisinde kaldı.

Getiri vs Piyasa: VNTR.F geçen yıl % 28.7 oranında getiri sağlayan US Piyasasının altında performans gösterdi.

Fiyat Oynaklığı

Is VNTR.F's price volatile compared to industry and market?
VNTR.F volatility
VNTR.F Average Weekly Movementn/a
Chemicals Industry Average Movement7.5%
Market Average Movement7.2%
10% most volatile stocks in US Market16.5%
10% least volatile stocks in US Market3.1%

İstikrarlı Hisse Senedi Fiyatı: VNTR.F hisse senedi fiyatı, son 3 ayda US piyasasına kıyasla dalgalı seyretti.

Zaman İçindeki Volatilite: VNTR.F 'un son bir yıldaki oynaklık değişimini belirlemek için Yetersiz veri.

Şirket Hakkında

KurulduÇalışanlarCEOWeb sitesi
2017n/aE. Snellwww.venatorcorp.com

Venator Materials PLC, bağlı ortaklıkları ile birlikte Birleşik Krallık'ta ve uluslararası alanda kimyasal ürünler üretmekte ve pazarlamaktadır. İki segmentte faaliyet göstermektedir: Titanyum Dioksit ve Performans Katkıları. Titanyum Dioksit segmenti, kaplamalarda, baskı mürekkeplerinde, PVC pencere çerçevelerinde, plastik masterbatchlerde, kozmetiklerde, ilaçlarda, gıdalarda, polyester ve poliamid elyaflarda, katalizörlerde ve kozmetik ürünlerinde kullanılmak üzere rutil, anataz ve ultra ince TiO2 ürünleri gibi titanyum dioksit (TiO2) sunmaktadır.

Venator Materials PLC Temel Bilgiler Özeti

Venator Materials'un kazançları ve gelirleri piyasa değeriyle nasıl karşılaştırılır?
VNTR.F temel i̇stati̇sti̇kler
Piyasa değeriUS$7.87m
Kazançlar(TTM)US$198.00m
Gelir(TTM)US$1.56b
0.0x
F/K Oranı
0.0x
P/S Oranı

Kazanç ve Gelir

En son kazanç raporundan temel karlılık istatistikleri (TTM)
VNTR.F gelir tablosu (TTM)
GelirUS$1.56b
Gelir MaliyetiUS$1.70b
Brüt Kâr-US$147.00m
Diğer Giderler-US$345.00m
KazançlarUS$198.00m

Son Raporlanan Kazançlar

Dec 31, 2023

Sonraki Kazanç Tarihi

n/a

Hisse başına kazanç (EPS)0
Brüt Marj0.00%
Net Kâr Marjı0.00%
Borç/Özkaynak Oranı0.0%

VNTR.F uzun vadede nasıl bir performans gösterdi?

Geçmiş performansı ve karşılaştırmayı görün

Şirket Analizi ve Finansal Veri Durumu

VeriSon Güncelleme (UTC saati)
Şirket Analizi2026/05/24 17:00
Gün Sonu Hisse Fiyatı2026/04/01 00:00
Kazançlar2023/12/31
Yıllık Kazançlar2023/12/31

Veri Kaynakları

Şirket analizimizde kullanılan veriler S&P Global Market Intelligence LLC'den alınmıştır. Bu raporu oluşturmak için analiz modelimizde aşağıdaki veriler kullanılmıştır. Veriler normalize edilmiştir, bu da kaynağın mevcut olmasından kaynaklanan bir gecikmeye neden olabilir.

PaketVeriZaman ÇerçevesiÖrnek ABD Kaynağı *
Şirket Finansalları10 yıl
  • Gelir tablosu
  • Nakit akış tablosu
  • Bilanço
Analist Konsensüs Tahminleri+3 yıl
  • Finansal tahminler
  • Analist fiyat hedefleri
Piyasa Fiyatları30 yıl
  • Hisse senedi fiyatları
  • Temettüler, Bölünmeler ve Eylemler
Sahiplik10 yıl
  • En büyük hissedarlar
  • İçeriden öğrenenlerin ticareti
Yönetim10 yıl
  • Liderlik ekibi
  • Yönetim Kurulu
Önemli Gelişmeler10 yıl
  • Şirket duyuruları

* ABD menkul kıymetleri için örnek, ABD dışı için eşdeğer düzenleyici formlar ve kaynaklar kullanılmıştır.

Belirtilmediği sürece tüm finansal veriler yıllık bir döneme dayanmaktadır ancak üç ayda bir güncellenmektedir. Bu, İzleyen On İki Ay (TTM) veya Son On İki Ay (LTM) Verileri olarak bilinir. Daha fazla bilgi edinin.

Analiz Modeli ve Kar Tanesi

Bu raporu oluşturmak için kullanılan analiz modelinin ayrıntılarına GitHub sayfamızdan ulaşabilirsiniz, ayrıca raporlarımızı nasıl kullanacağınızı anlatan kılavuzlarımız ve Youtube'da eğitim videolarımız da bulunmaktadır.

Simply Wall St analiz modelini tasarlayan ve oluşturan dünya standartlarındaki ekip hakkında bilgi edinin.

Endüstri ve Sektör Metrikleri

Sektör ve bölüm metriklerimiz Simply Wall St tarafından her 6 saatte bir hesaplanmaktadır, sürecimizin ayrıntıları Github'da mevcuttur.

Analist Kaynakları

Venator Materials PLC 13 Bu analistlerden 0, raporumuzun girdisi olarak kullanılan gelir veya kazanç tahminlerini sunmuştur. Analistlerin gönderimleri gün boyunca güncellenmektedir.

AnalistKurum
John McNultyBMO Capital Markets Equity Research
Matthew DeYoeBofA Global Research
Prashant JuvekarCitigroup Inc