TRONOX HOLDINGS PLC (TROX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:TROX - GB00BJT16S69 - Common Stock
5.67 USD
+0.04 (+0.71%)
5.6908 USD
+0.02 (+0.37%)
Taking everything into account, TROX scores 2 out of 10 in our fundamental rating. TROX was compared to 82 industry peers in the Chemicals industry. Both the profitability and financial health of TROX have multiple concerns. TROX is valued expensive and it does not seem to be growing. TROX also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year TROX has reported negative net income.
TROX had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: TROX reported negative net income in multiple years.
Each year in the past 5 years TROX had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of -5.14%, TROX is doing worse than 74.39% of the companies in the same industry.
Looking at the Return On Equity, with a value of -20.76%, TROX is doing worse than 73.17% of the companies in the same industry.
TROX has a worse Return On Invested Capital (2.16%) than 68.29% 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 6.10%.
| 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
With a Operating Margin value of 5.31%, TROX perfoms like the industry average, outperforming 42.68% of the companies in the same industry.
In the last couple of years the Operating Margin of TROX has grown nicely.
TROX has a worse Gross Margin (15.33%) than 75.61% 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
TROX has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, TROX has a worse debt to assets ratio.
2.2 Solvency
TROX has an Altman-Z score of 0.97. This is a bad value and indicates that TROX is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 0.97, TROX is not doing good in the industry: 75.61% of the companies in the same industry are doing better.
TROX has a Debt/Equity ratio of 2.05. This is a high value indicating a heavy dependency on external financing.
TROX has a worse Debt to Equity ratio (2.05) than 81.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.05 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.97 |
ROIC/WACC0.31
WACC6.98%
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.
With a decent Current ratio value of 2.72, TROX is doing good in the industry, outperforming 76.83% of the companies in the same industry.
A Quick Ratio of 0.73 indicates that TROX may have some problems paying its short term obligations.
TROX has a worse Quick ratio (0.73) than 85.37% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.72 | ||
| Quick Ratio | 0.73 |
3. Growth
3.1 Past
The earnings per share for TROX have decreased strongly by -75.51% in the last year.
The Revenue has decreased by -7.78% in the past year.
Measured over the past years, TROX shows a small growth in Revenue. The Revenue has been growing by 3.08% on average per year.
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 35.09% on average per year.
TROX is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -0.25% yearly.
EPS Next Y-1419.09%
EPS Next 2Y-161.93%
EPS Next 3Y35.09%
EPS Next 5YN/A
Revenue Next Year-7.82%
Revenue Next 2Y-2.55%
Revenue Next 3Y-0.25%
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
TROX reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Also next year TROX is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
68.29% of the companies in the same industry are more expensive than TROX, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.78 |
4.3 Compensation for Growth
TROX's earnings are expected to grow with 35.09% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-161.93%
EPS Next 3Y35.09%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.77%, TROX has a reasonable but not impressive dividend return.
TROX's Dividend Yield is rather good when compared to the industry average which is at 2.34. TROX pays more dividend than 85.37% of the companies in the same industry.
TROX's Dividend Yield is rather good when compared to the S&P500 average which is at 1.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.77% |
5.2 History
On average, the dividend of TROX grows each year by 20.05%, which is quite nice.
TROX has been paying a dividend for at least 10 years, so it has 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
TROX has negative earnings and hence a negative payout ratio. The dividend may be in danger.
The dividend of TROX is growing, but earnings are growing more, so the dividend growth is sustainable.
DP-18.21%
EPS Next 2Y-161.93%
EPS Next 3Y35.09%
5.67
+0.04 (+0.71%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners73.45%
Inst Owner Change-0.01%
Ins Owners1.79%
Ins Owner Change0.44%
Market Cap898.98M
Revenue(TTM)2.84B
Net Income(TTM)-324.00M
Analysts73.33
Price Target4.95 (-12.7%)
Short Float %15.73%
Short Ratio4.28
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.77% |
Yearly Dividend0.51
Dividend Growth(5Y)20.05%
DP-18.21%
Div Incr Years0
Div Non Decr Years7
Ex-DateN/A
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)17.4%
PT rev (3m)4.58%
EPS NQ rev (1m)-2.51%
EPS NQ rev (3m)-7927.51%
EPS NY rev (1m)-1.77%
EPS NY rev (3m)-106.57%
Revenue NQ rev (1m)-0.34%
Revenue NQ rev (3m)-4.26%
Revenue NY rev (1m)-0.14%
Revenue NY rev (3m)-3.13%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 0.32 | ||
| P/FCF | N/A | ||
| P/OCF | 42.81 | ||
| P/B | 0.58 | ||
| P/tB | 0.67 | ||
| EV/EBITDA | 8.78 |
EPS(TTM)-0.86
EYN/A
EPS(NY)-0.55
Fwd EYN/A
FCF(TTM)-2.33
FCFYN/A
OCF(TTM)0.13
OCFY2.34%
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 | 0.97 |
F-Score3
WACC6.98%
ROIC/WACC0.31
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-1419.09%
EPS Next 2Y-161.93%
EPS Next 3Y35.09%
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-7.82%
Revenue Next 2Y-2.55%
Revenue Next 3Y-0.25%
Revenue Next 5YN/A
EBIT growth 1Y-31.67%
EBIT growth 3Y-25.58%
EBIT growth 5Y14.1%
EBIT Next Year37.46%
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 for 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.
Can you provide the expected EPS growth for TROX stock?
The Earnings per Share (EPS) of TRONOX HOLDINGS PLC (TROX) is expected to decline by -1419.09% in the next year.
Is the dividend of TRONOX HOLDINGS PLC sustainable?
The dividend rating of TRONOX HOLDINGS PLC (TROX) is 7 / 10 and the dividend payout ratio is -18.21%.