TRONOX HOLDINGS PLC (TROX) Stock Fundamental Analysis
NYSE:TROX - New York Stock Exchange, Inc. - GB00BJT16S69 - Common Stock
Taking everything into account, TROX scores 3 out of 10 in our fundamental rating. TROX was compared to 85 industry peers in the Chemicals industry. TROX may be in some trouble as it scores bad on both profitability and health. TROX has a decent growth rate and is not valued too expensively. TROX also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
TROX had negative earnings in the past year.
In the past year TROX had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: TROX reported negative net income in multiple years.
TROX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of -1.20%, TROX is doing worse than 68.67% of the companies in the same industry.
TROX has a Return On Equity of -3.87%. This is in the lower half of the industry: TROX underperforms 67.47% of its industry peers.
TROX's Return On Invested Capital of 3.24% is on the low side compared to the rest of the industry. TROX is outperformed by 60.24% of its industry peers.
TROX had an Average Return On Invested Capital over the past 3 years of 6.76%. This is in line with the industry average of 6.57%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.2% | ||
| ROE | -3.87% | ||
| ROIC | 3.24% |
ROA(3y)2.5%
ROA(5y)4.04%
ROE(3y)6.37%
ROE(5y)12.32%
ROIC(3y)6.76%
ROIC(5y)5.45%
1.3 Margins
TROX's Operating Margin of 7.17% is in line compared to the rest of the industry. TROX outperforms 46.99% of its industry peers.
In the last couple of years the Operating Margin of TROX has declined.
With a Gross Margin value of 16.80%, TROX is not doing good in the industry: 72.29% of the companies in the same industry are doing better.
TROX's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.17% | ||
| PM (TTM) | N/A | ||
| GM | 16.8% |
OM growth 3Y-13.34%
OM growth 5Y-8.83%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-9.68%
GM growth 5Y-8.37%
2. Health
2.1 Basic Checks
TROX has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
TROX has more shares outstanding than it did 1 year ago.
The number of shares outstanding for TROX has been increased compared to 5 years ago.
The debt/assets ratio for TROX is higher compared to a year ago.
2.2 Solvency
TROX has an Altman-Z score of 1.25. This is a bad value and indicates that TROX is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.25, TROX is doing worse than 74.70% of the companies in the same industry.
TROX has a debt to FCF ratio of 176.13. This is a negative value and a sign of low solvency as TROX would need 176.13 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 176.13, TROX is doing worse than 68.67% of the companies in the same industry.
A Debt/Equity ratio of 1.46 is on the high side and indicates that TROX has dependencies on debt financing.
TROX has a worse Debt to Equity ratio (1.46) than 83.13% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.46 | ||
| Debt/FCF | 176.13 | ||
| Altman-Z | 1.25 |
ROIC/WACC0.41
WACC7.95%
2.3 Liquidity
TROX has a Current Ratio of 2.72. This indicates that TROX is financially healthy and has no problem in meeting its short term obligations.
TROX has a better Current ratio (2.72) than 72.29% of its industry peers.
TROX has a Quick Ratio of 2.72. This is a bad value and indicates that TROX is not financially healthy enough and could expect problems in meeting its short term obligations.
TROX has a worse Quick ratio (0.90) than 73.49% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.72 | ||
| Quick Ratio | 0.9 |
3. Growth
3.1 Past
TROX shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -916.67%.
Looking at the last year, TROX shows a quite strong growth in Revenue. The Revenue has grown by 9.63% in the last year.
Measured over the past years, TROX shows a quite strong growth in Revenue. The Revenue has been growing by 9.40% on average per year.
EPS 1Y (TTM)-916.67%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-62.5%
Revenue 1Y (TTM)9.63%
Revenue growth 3Y1.1%
Revenue growth 5Y9.4%
Sales Q2Q%21.45%
3.2 Future
TROX is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 126.00% yearly.
The Revenue is expected to grow by 6.08% on average over the next years.
EPS Next Y72.8%
EPS Next 2Y186.61%
EPS Next 3Y126%
EPS Next 5YN/A
Revenue Next Year9.52%
Revenue Next 2Y6.42%
Revenue Next 3Y6.08%
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for TROX. In the last year negative earnings were reported.
A Price/Forward Earnings ratio of 11.12 indicates a reasonable valuation of TROX.
Based on the Price/Forward Earnings ratio, TROX is valued cheaply inside the industry as 83.13% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 24.44, TROX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 11.12 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TROX is valued a bit cheaper than the industry average as 75.90% of the companies are valued more expensively.
67.47% of the companies in the same industry are cheaper than TROX, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 102.35 | ||
| EV/EBITDA | 8.35 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
TROX's earnings are expected to grow with 126.00% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y186.61%
EPS Next 3Y126%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.02%, TROX is a good candidate for dividend investing.
TROX's Dividend Yield is rather good when compared to the industry average which is at 3.26. TROX pays more dividend than 89.16% of the companies in the same industry.
TROX's Dividend Yield is rather good when compared to the S&P500 average which is at 2.28.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.02% |
5.2 History
On average, the dividend of TROX grows each year by 24.86%, which is quite nice.
TROX has been paying a dividend for at least 10 years, so it has a reliable track record.
TROX has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)24.86%
Div Incr Years0
Div Non Decr Years7
5.3 Sustainability
The earnings of TROX are negative and hence is the payout ratio. TROX will probably not be able to sustain this dividend level.
TROX's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-109.46%
EPS Next 2Y186.61%
EPS Next 3Y126%
TRONOX HOLDINGS PLC
NYSE:TROX (1/21/2025, 8:04:00 PM)
After market: 10.37 0 (0%)10.37
+0.4 (+4.01%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners75.37%
Inst Owner Change0.05%
Ins Owners1.45%
Ins Owner Change0%
Market Cap1.64B
Analysts77.5
Price Target16.63 (60.37%)
Short Float %5.8%
Short Ratio6.47
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.02% |
Yearly Dividend0.57
Dividend Growth(5Y)24.86%
DP-109.46%
Div Incr Years0
Div Non Decr Years7
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-121.51%
Min EPS beat(2)-180.61%
Max EPS beat(2)-62.41%
EPS beat(4)0
Avg EPS beat(4)-3961.31%
Min EPS beat(4)-14802%
Max EPS beat(4)-62.41%
EPS beat(8)1
Avg EPS beat(8)-2043.76%
EPS beat(12)1
Avg EPS beat(12)-1365.26%
EPS beat(16)4
Avg EPS beat(16)-1020.08%
Revenue beat(2)0
Avg Revenue beat(2)-2.75%
Min Revenue beat(2)-5.19%
Max Revenue beat(2)-0.31%
Revenue beat(4)2
Avg Revenue beat(4)-1.08%
Min Revenue beat(4)-5.19%
Max Revenue beat(4)0.64%
Revenue beat(8)3
Avg Revenue beat(8)-2.62%
Revenue beat(12)5
Avg Revenue beat(12)-2.45%
Revenue beat(16)7
Avg Revenue beat(16)-1.96%
PT rev (1m)0%
PT rev (3m)-16.65%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-71.93%
EPS NY rev (1m)0%
EPS NY rev (3m)-109.45%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-10.2%
Revenue NY rev (1m)-0.03%
Revenue NY rev (3m)-2.13%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 11.12 | ||
| P/S | 0.53 | ||
| P/FCF | 102.35 | ||
| P/OCF | 4.99 | ||
| P/B | 0.86 | ||
| P/tB | 0.98 | ||
| EV/EBITDA | 8.35 |
EPS(TTM)-0.49
EYN/A
EPS(NY)0.93
Fwd EY8.99%
FCF(TTM)0.1
FCFY0.98%
OCF(TTM)2.08
OCFY20.03%
SpS19.53
BVpS12.11
TBVpS10.55
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.2% | ||
| ROE | -3.87% | ||
| ROCE | 4.11% | ||
| ROIC | 3.24% | ||
| ROICexc | 3.34% | ||
| ROICexgc | 3.51% | ||
| OM | 7.17% | ||
| PM (TTM) | N/A | ||
| GM | 16.8% | ||
| FCFM | 0.52% |
ROA(3y)2.5%
ROA(5y)4.04%
ROE(3y)6.37%
ROE(5y)12.32%
ROIC(3y)6.76%
ROIC(5y)5.45%
ROICexc(3y)7.04%
ROICexc(5y)5.77%
ROICexgc(3y)7.38%
ROICexgc(5y)6.04%
ROCE(3y)8.58%
ROCE(5y)6.92%
ROICexcg growth 3Y-11.99%
ROICexcg growth 5Y-8.71%
ROICexc growth 3Y-12.24%
ROICexc growth 5Y-8.6%
OM growth 3Y-13.34%
OM growth 5Y-8.83%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-9.68%
GM growth 5Y-8.37%
F-Score5
Asset Turnover0.5
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.46 | ||
| Debt/FCF | 176.13 | ||
| Debt/EBITDA | 5.52 | ||
| Cap/Depr | 110.25% | ||
| Cap/Sales | 10.12% | ||
| Interest Coverage | 1.39 | ||
| Cash Conversion | 65.08% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.72 | ||
| Quick Ratio | 0.9 | ||
| Altman-Z | 1.25 |
F-Score5
WACC7.95%
ROIC/WACC0.41
Cap/Depr(3y)115.2%
Cap/Depr(5y)96.09%
Cap/Sales(3y)9.72%
Cap/Sales(5y)8.75%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-916.67%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-62.5%
EPS Next Y72.8%
EPS Next 2Y186.61%
EPS Next 3Y126%
EPS Next 5YN/A
Revenue 1Y (TTM)9.63%
Revenue growth 3Y1.1%
Revenue growth 5Y9.4%
Sales Q2Q%21.45%
Revenue Next Year9.52%
Revenue Next 2Y6.42%
Revenue Next 3Y6.08%
Revenue Next 5YN/A
EBIT growth 1Y3.27%
EBIT growth 3Y-12.38%
EBIT growth 5Y-0.26%
EBIT Next Year101.65%
EBIT Next 3Y39.66%
EBIT Next 5YN/A
FCF growth 1Y-82.98%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-34%
OCF growth 3Y-19.67%
OCF growth 5Y1.6%