KRONOS WORLDWIDE INC (KRO) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:KRO - US50105F1057 - Common Stock
4.73 USD
-0.05 (-1.05%)
4.96 USD
+0.23 (+4.86%)
We assign a fundamental rating of 3 out of 10 to KRO. KRO was compared to 81 industry peers in the Chemicals industry. The financial health of KRO is average, but there are quite some concerns on its profitability. KRO is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year KRO has reported negative net income.
In the past year KRO has reported a negative cash flow from operations.
Of the past 5 years KRO 4 years were profitable.
In the past 5 years KRO always reported a positive cash flow from operatings.
1.2 Ratios
KRO's Return On Assets of -2.16% is on the low side compared to the rest of the industry. KRO is outperformed by 64.20% of its industry peers.
The Return On Equity of KRO (-5.13%) is worse than 61.73% of its industry peers.
KRO has a worse Return On Invested Capital (2.68%) than 61.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.16% | ||
| ROE | -5.13% | ||
| ROIC | 2.68% |
ROA(3y)2.41%
ROA(5y)3.2%
ROE(3y)5.13%
ROE(5y)7.28%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
In the last couple of years the Profit Margin of KRO has declined.
KRO has a Operating Margin of 2.97%. This is in the lower half of the industry: KRO underperforms 70.37% of its industry peers.
In the last couple of years the Operating Margin of KRO has declined.
With a Gross Margin value of 16.25%, KRO is not doing good in the industry: 72.84% of the companies in the same industry are doing better.
KRO's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.97% | ||
| PM (TTM) | N/A | ||
| GM | 16.25% |
OM growth 3Y-12.41%
OM growth 5Y-5.03%
PM growth 3Y-7.77%
PM growth 5Y-1.91%
GM growth 3Y-6.11%
GM growth 5Y-3.12%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so KRO is destroying value.
The number of shares outstanding for KRO remains at a similar level compared to 1 year ago.
The number of shares outstanding for KRO has been reduced compared to 5 years ago.
The debt/assets ratio for KRO is higher compared to a year ago.
2.2 Solvency
KRO has an Altman-Z score of 1.68. This is a bad value and indicates that KRO is not financially healthy and even has some risk of bankruptcy.
KRO has a Altman-Z score of 1.68. This is comparable to the rest of the industry: KRO outperforms 44.44% of its industry peers.
KRO has a Debt/Equity ratio of 0.78. This is a neutral value indicating KRO is somewhat dependend on debt financing.
KRO has a Debt to Equity ratio (0.78) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.78 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.68 |
ROIC/WACC0.29
WACC9.31%
2.3 Liquidity
A Current Ratio of 3.83 indicates that KRO has no problem at all paying its short term obligations.
KRO's Current ratio of 3.83 is amongst the best of the industry. KRO outperforms 88.89% of its industry peers.
A Quick Ratio of 1.47 indicates that KRO should not have too much problems paying its short term obligations.
KRO has a Quick ratio of 1.47. This is comparable to the rest of the industry: KRO outperforms 56.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.83 | ||
| Quick Ratio | 1.47 |
3. Growth
3.1 Past
KRO shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -244.00%.
KRO shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -24.83% yearly.
Looking at the last year, KRO shows a small growth in Revenue. The Revenue has grown by 0.01% in the last year.
Measured over the past years, KRO shows a small growth in Revenue. The Revenue has been growing by 1.74% on average per year.
EPS 1Y (TTM)-244%
EPS 3Y-43.16%
EPS 5Y-24.83%
EPS Q2Q%-633.33%
Revenue 1Y (TTM)0.01%
Revenue growth 3Y-0.91%
Revenue growth 5Y1.74%
Sales Q2Q%-5.74%
3.2 Future
Based on estimates for the next years, KRO will show a very strong growth in Earnings Per Share. The EPS will grow by 75.60% on average per year.
Based on estimates for the next years, KRO will show a small growth in Revenue. The Revenue will grow by 1.50% on average per year.
EPS Next Y-116.83%
EPS Next 2Y70.82%
EPS Next 3Y75.6%
EPS Next 5YN/A
Revenue Next Year-10.45%
Revenue Next 2Y-2.44%
Revenue Next 3Y1.5%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
KRO reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
With a Price/Forward Earnings ratio of 9.01, the valuation of KRO can be described as very reasonable.
83.95% of the companies in the same industry are more expensive than KRO, based on the Price/Forward Earnings ratio.
KRO is valuated cheaply when we compare the Price/Forward Earnings ratio to 36.10, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 9.01 |
4.2 Price Multiples
KRO's Enterprise Value to EBITDA is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.35 |
4.3 Compensation for Growth
KRO's earnings are expected to grow with 75.60% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y70.82%
EPS Next 3Y75.6%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.18%, KRO is a good candidate for dividend investing.
The stock price of KRO dropped by -23.71% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
KRO's Dividend Yield is rather good when compared to the industry average which is at 3.88. KRO pays more dividend than 82.72% of the companies in the same industry.
KRO's Dividend Yield is rather good when compared to the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.18% |
5.2 History
The dividend of KRO decreases each year by -7.80%.
KRO has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)-7.8%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
The earnings of KRO are negative and hence is the payout ratio. KRO will probably not be able to sustain this dividend level.
DP-55.69%
EPS Next 2Y70.82%
EPS Next 3Y75.6%
4.73
-0.05 (-1.05%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners17.06%
Inst Owner Change-0.7%
Ins Owners0.17%
Ins Owner Change0.09%
Market Cap544.19M
Revenue(TTM)1.86B
Net Income(TTM)-41.30M
Analysts46.67
Price Target6.12 (29.39%)
Short Float %7.56%
Short Ratio5.33
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.18% |
Yearly Dividend0.48
Dividend Growth(5Y)-7.8%
DP-55.69%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-293.36%
Min EPS beat(2)-428.05%
Max EPS beat(2)-158.67%
EPS beat(4)0
Avg EPS beat(4)-195.61%
Min EPS beat(4)-428.05%
Max EPS beat(4)-6.81%
EPS beat(8)3
Avg EPS beat(8)-2%
EPS beat(12)3
Avg EPS beat(12)-62.91%
EPS beat(16)6
Avg EPS beat(16)-38.64%
Revenue beat(2)0
Avg Revenue beat(2)-3.64%
Min Revenue beat(2)-4.26%
Max Revenue beat(2)-3.02%
Revenue beat(4)0
Avg Revenue beat(4)-6.45%
Min Revenue beat(4)-15.25%
Max Revenue beat(4)-3.02%
Revenue beat(8)2
Avg Revenue beat(8)-5.34%
Revenue beat(12)4
Avg Revenue beat(12)-2.96%
Revenue beat(16)7
Avg Revenue beat(16)-1.72%
PT rev (1m)-15.62%
PT rev (3m)-15.62%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-211.11%
EPS NY rev (1m)0%
EPS NY rev (3m)-104.96%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-10.46%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-5.96%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 9.01 | ||
| P/S | 0.29 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.68 | ||
| P/tB | 0.68 | ||
| EV/EBITDA | 10.35 |
EPS(TTM)-0.36
EYN/A
EPS(NY)0.53
Fwd EY11.1%
FCF(TTM)-0.74
FCFYN/A
OCF(TTM)-0.35
OCFYN/A
SpS16.2
BVpS6.99
TBVpS6.97
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.16% | ||
| ROE | -5.13% | ||
| ROCE | 3.39% | ||
| ROIC | 2.68% | ||
| ROICexc | 2.73% | ||
| ROICexgc | 2.73% | ||
| OM | 2.97% | ||
| PM (TTM) | N/A | ||
| GM | 16.25% | ||
| FCFM | N/A |
ROA(3y)2.41%
ROA(5y)3.2%
ROE(3y)5.13%
ROE(5y)7.28%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3Y-13.41%
ROICexgc growth 5Y-3.71%
ROICexc growth 3Y-13.47%
ROICexc growth 5Y-3.75%
OM growth 3Y-12.41%
OM growth 5Y-5.03%
PM growth 3Y-7.77%
PM growth 5Y-1.91%
GM growth 3Y-6.11%
GM growth 5Y-3.12%
F-Score3
Asset Turnover0.98
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.78 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.64 | ||
| Cap/Depr | 80.79% | ||
| Cap/Sales | 2.41% | ||
| Interest Coverage | 1.08 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 3.83 | ||
| Quick Ratio | 1.47 | ||
| Altman-Z | 1.68 |
F-Score3
WACC9.31%
ROIC/WACC0.29
Cap/Depr(3y)89.54%
Cap/Depr(5y)98.19%
Cap/Sales(3y)2.56%
Cap/Sales(5y)2.91%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-244%
EPS 3Y-43.16%
EPS 5Y-24.83%
EPS Q2Q%-633.33%
EPS Next Y-116.83%
EPS Next 2Y70.82%
EPS Next 3Y75.6%
EPS Next 5YN/A
Revenue 1Y (TTM)0.01%
Revenue growth 3Y-0.91%
Revenue growth 5Y1.74%
Sales Q2Q%-5.74%
Revenue Next Year-10.45%
Revenue Next 2Y-2.44%
Revenue Next 3Y1.5%
Revenue Next 5YN/A
EBIT growth 1Y-36.36%
EBIT growth 3Y-13.2%
EBIT growth 5Y-3.37%
EBIT Next Year16.79%
EBIT Next 3Y26.65%
EBIT Next 5YN/A
FCF growth 1Y12.24%
FCF growth 3Y-33.75%
FCF growth 5Y-16.38%
OCF growth 1Y-11.02%
OCF growth 3Y-29.45%
OCF growth 5Y-14.67%
KRONOS WORLDWIDE INC / KRO FAQ
What is the ChartMill fundamental rating of KRONOS WORLDWIDE INC (KRO) stock?
ChartMill assigns a fundamental rating of 3 / 10 to KRO.
What is the valuation status for KRO stock?
ChartMill assigns a valuation rating of 3 / 10 to KRONOS WORLDWIDE INC (KRO). This can be considered as Overvalued.
Can you provide the profitability details for KRONOS WORLDWIDE INC?
KRONOS WORLDWIDE INC (KRO) has a profitability rating of 1 / 10.
How financially healthy is KRONOS WORLDWIDE INC?
The financial health rating of KRONOS WORLDWIDE INC (KRO) is 4 / 10.
What is the expected EPS growth for KRONOS WORLDWIDE INC (KRO) stock?
The Earnings per Share (EPS) of KRONOS WORLDWIDE INC (KRO) is expected to decline by -116.83% in the next year.