TRONOX HOLDINGS PLC (TROX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:TROX - GB00BJT16S69 - Common Stock
4.37 USD
+0.01 (+0.23%)
4.35 USD
-0.02 (-0.46%)
TROX gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 84 industry peers in the Chemicals industry. Both the profitability and financial health of TROX have multiple concerns. TROX does not seem to be growing, but still is valued expensively. Finally TROX also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year TROX has reported negative net income.
In the past year TROX had a positive cash flow from operations.
In multiple years TROX reported negative net income over the last 5 years.
In the past 5 years TROX always reported a positive cash flow from operatings.
1.2 Ratios
TROX has a worse Return On Assets (-5.14%) than 72.62% of its industry peers.
With a Return On Equity value of -20.76%, TROX is not doing good in the industry: 71.43% of the companies in the same industry are doing better.
The Return On Invested Capital of TROX (2.16%) is worse than 66.67% of its industry peers.
TROX had an Average Return On Invested Capital over the past 3 years of 4.83%. This is in line with the industry average of 6.09%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -5.14% | ||
| ROE | -20.76% | ||
| ROIC | 2.16% |
ROA(3y)0.64%
ROA(5y)4.29%
ROE(3y)0.68%
ROE(5y)14.69%
ROIC(3y)4.83%
ROIC(5y)5.78%
1.3 Margins
TROX has a Operating Margin (5.31%) which is comparable to the rest of the industry.
TROX's Operating Margin has improved in the last couple of years.
The Gross Margin of TROX (15.33%) is worse than 73.81% of its industry peers.
TROX's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.31% | ||
| PM (TTM) | N/A | ||
| GM | 15.33% |
OM growth 3Y-21.76%
OM growth 5Y10.7%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-11.53%
GM growth 5Y-0.11%
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.
Compared to 1 year ago, TROX has more shares outstanding
Compared to 5 years ago, TROX has more shares outstanding
The debt/assets ratio for TROX is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.94, we must say that TROX is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of TROX (0.94) is worse than 75.00% of its industry peers.
A Debt/Equity ratio of 2.05 is on the high side and indicates that TROX has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 2.05, TROX is doing worse than 80.95% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.05 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.94 |
ROIC/WACC0.33
WACC6.46%
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's Current ratio of 2.72 is fine compared to the rest of the industry. TROX outperforms 77.38% 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's Quick ratio of 0.73 is on the low side compared to the rest of the industry. TROX is outperformed by 84.52% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.72 | ||
| Quick Ratio | 0.73 |
3. Growth
3.1 Past
TROX shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -75.51%.
TROX shows a decrease in Revenue. In the last year, the revenue decreased by -7.78%.
The Revenue has been growing slightly by 3.08% on average over the past years.
EPS 1Y (TTM)-75.51%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-253.85%
Revenue 1Y (TTM)-7.78%
Revenue growth 3Y-4.88%
Revenue growth 5Y3.08%
Sales Q2Q%-13.06%
3.2 Future
Based on estimates for the next years, TROX will show a very strong growth in Earnings Per Share. The EPS will grow by 65.98% on average per year.
Based on estimates for the next years, TROX will show a decrease in Revenue. The Revenue will decrease by -0.05% on average per year.
EPS Next Y-1392.71%
EPS Next 2Y-114.99%
EPS Next 3Y65.98%
EPS Next 5YN/A
Revenue Next Year-7.69%
Revenue Next 2Y-2.39%
Revenue Next 3Y-0.05%
Revenue Next 5YN/A
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
TROX reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for TROX. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
TROX's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. TROX is cheaper than 69.05% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.33 |
4.3 Compensation for Growth
A more expensive valuation may be justified as TROX's earnings are expected to grow with 65.98% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-114.99%
EPS Next 3Y65.98%
5. Dividend
5.1 Amount
TROX has a Yearly Dividend Yield of 4.48%, which is a nice return.
Compared to an average industry Dividend Yield of 2.46, TROX pays a better dividend. On top of this TROX pays more dividend than 85.71% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 1.87, TROX pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.48% |
5.2 History
The dividend of TROX is nicely growing with an annual growth rate of 20.05%!
TROX has paid a dividend for at least 10 years, which is a reliable track record.
As TROX did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)20.05%
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.
The dividend of TROX is growing, but earnings are growing more, so the dividend growth is sustainable.
DP-18.21%
EPS Next 2Y-114.99%
EPS Next 3Y65.98%
4.37
+0.01 (+0.23%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners73.45%
Inst Owner Change-8.46%
Ins Owners1.79%
Ins Owner Change0.44%
Market Cap692.86M
Revenue(TTM)2.84B
Net Income(TTM)-324.00M
Analysts72
Price Target4.21 (-3.66%)
Short Float %16.58%
Short Ratio4.26
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.48% |
Yearly Dividend0.51
Dividend Growth(5Y)20.05%
DP-18.21%
Div Incr Years0
Div Non Decr Years7
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-277.83%
Min EPS beat(2)-439.42%
Max EPS beat(2)-116.23%
EPS beat(4)0
Avg EPS beat(4)-1168.5%
Min EPS beat(4)-4074.56%
Max EPS beat(4)-43.8%
EPS beat(8)0
Avg EPS beat(8)-2564.91%
EPS beat(12)1
Avg EPS beat(12)-1752.01%
EPS beat(16)1
Avg EPS beat(16)-1316.07%
Revenue beat(2)0
Avg Revenue beat(2)-7.58%
Min Revenue beat(2)-8.24%
Max Revenue beat(2)-6.93%
Revenue beat(4)0
Avg Revenue beat(4)-5.87%
Min Revenue beat(4)-8.24%
Max Revenue beat(4)-3.37%
Revenue beat(8)2
Avg Revenue beat(8)-3.48%
Revenue beat(12)3
Avg Revenue beat(12)-3.7%
Revenue beat(16)5
Avg Revenue beat(16)-3.31%
PT rev (1m)-2.51%
PT rev (3m)-8.45%
EPS NQ rev (1m)-9.28%
EPS NQ rev (3m)-10973.8%
EPS NY rev (1m)-62.1%
EPS NY rev (3m)-101.8%
Revenue NQ rev (1m)0.01%
Revenue NQ rev (3m)-4.26%
Revenue NY rev (1m)-1.62%
Revenue NY rev (3m)-3.22%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 0.24 | ||
| P/FCF | N/A | ||
| P/OCF | 32.99 | ||
| P/B | 0.44 | ||
| P/tB | 0.52 | ||
| EV/EBITDA | 8.33 |
EPS(TTM)-0.86
EYN/A
EPS(NY)-0.37
Fwd EYN/A
FCF(TTM)-2.33
FCFYN/A
OCF(TTM)0.13
OCFY3.03%
SpS17.94
BVpS9.85
TBVpS8.45
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -5.14% | ||
| ROE | -20.76% | ||
| ROCE | 2.77% | ||
| ROIC | 2.16% | ||
| ROICexc | 2.24% | ||
| ROICexgc | 2.34% | ||
| OM | 5.31% | ||
| PM (TTM) | N/A | ||
| GM | 15.33% | ||
| FCFM | N/A |
ROA(3y)0.64%
ROA(5y)4.29%
ROE(3y)0.68%
ROE(5y)14.69%
ROIC(3y)4.83%
ROIC(5y)5.78%
ROICexc(3y)5%
ROICexc(5y)6.08%
ROICexgc(3y)5.25%
ROICexgc(5y)6.37%
ROCE(3y)6.16%
ROCE(5y)7.35%
ROICexgc growth 3Y-26.17%
ROICexgc growth 5Y10.16%
ROICexc growth 3Y-26.27%
ROICexc growth 5Y10.18%
OM growth 3Y-21.76%
OM growth 5Y10.7%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-11.53%
GM growth 5Y-0.11%
F-Score3
Asset Turnover0.45
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.05 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 7.23 | ||
| Cap/Depr | 134.02% | ||
| Cap/Sales | 13.71% | ||
| Interest Coverage | 0.97 | ||
| Cash Conversion | 4.75% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.72 | ||
| Quick Ratio | 0.73 | ||
| Altman-Z | 0.94 |
F-Score3
WACC6.46%
ROIC/WACC0.33
Cap/Depr(3y)127.95%
Cap/Depr(5y)107.91%
Cap/Sales(3y)11.2%
Cap/Sales(5y)9.65%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-75.51%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-253.85%
EPS Next Y-1392.71%
EPS Next 2Y-114.99%
EPS Next 3Y65.98%
EPS Next 5YN/A
Revenue 1Y (TTM)-7.78%
Revenue growth 3Y-4.88%
Revenue growth 5Y3.08%
Sales Q2Q%-13.06%
Revenue Next Year-7.69%
Revenue Next 2Y-2.39%
Revenue Next 3Y-0.05%
Revenue Next 5YN/A
EBIT growth 1Y-31.67%
EBIT growth 3Y-25.58%
EBIT growth 5Y14.1%
EBIT Next Year37.88%
EBIT Next 3Y26.49%
EBIT Next 5YN/A
FCF growth 1Y-18350%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-93.31%
OCF growth 3Y-25.99%
OCF growth 5Y-7.42%
TRONOX HOLDINGS PLC / TROX FAQ
What is the fundamental rating for TROX stock?
ChartMill assigns a fundamental rating of 2 / 10 to TROX.
What is the valuation status of TRONOX HOLDINGS PLC (TROX) stock?
ChartMill assigns a valuation rating of 1 / 10 to TRONOX HOLDINGS PLC (TROX). This can be considered as Overvalued.
What is the profitability of TROX stock?
TRONOX HOLDINGS PLC (TROX) has a profitability rating of 3 / 10.
What is the financial health of TRONOX HOLDINGS PLC (TROX) stock?
The financial health rating of TRONOX HOLDINGS PLC (TROX) is 1 / 10.
What is the expected EPS growth for TRONOX HOLDINGS PLC (TROX) stock?
The Earnings per Share (EPS) of TRONOX HOLDINGS PLC (TROX) is expected to decline by -1392.71% in the next year.