0.68%
2.88%
-14.52%
-35.89%
-24.87%
-54.36%
22.46%
AI Spotlight on TROX
Company Description
Tronox Holdings plc operates as a vertically integrated manufacturer of TiO2 pigment in North America, South and Central America, Europe, the Middle East, Africa, and the Asia Pacific.The company operates titanium-bearing mineral sand mines; and engages in beneficiation and smelting operations.It offers TiO2 pigment; ultrafine specialty TiO2; zircon; feedstock; pig iron; titanium tetrachloride; and other products.
The company's products are used for the manufacture of paints, coatings, plastics, and paper, as well as various other applications.Tronox Holdings plc is based in Stamford, Connecticut.
Market Data
| Last Price | 10.36 |
| Change Percentage | 0.68% |
| Open | 10.25 |
| Previous Close | 10.29 |
| Market Cap ( Millions) | 1636 |
| Volume | 714987 |
| Year High | 20.7 |
| Year Low | 8.73 |
| M A 50 | 10.68 |
| M A 200 | 14.3 |
Financial Ratios
| FCF Yield | 0.86% |
| Dividend Yield | 4.83% |
| ROE | -3.88% |
| Debt / Equity | 153.69% |
| Net Debt / EBIDTA | 574.12% |
| Price To Book | 0.86 |
| Price Earnings Ratio | -22.13 |
| Price To FCF | 116.86 |
| Price To sales | 0.53 |
| EV / EBITDA | 9.13 |
News
- Jan -28 - Chemours, Tronox And Westlake Will See Earnings Rebound In Chemical Sector Amid TiO2 Recovery And Margin Expansion: Analyst
- Jan -23 - Tronox Announces Dates for Fourth Quarter 2024 Earnings Release & Webcast Conference Call
- Oct -30 - Tronox Declares Fourth Quarter 2024 Dividend
- Oct -25 - Tronox Holdings plc (TROX) Q3 2024 Earnings Call Transcript
- Oct -24 - Tronox (TROX) Reports Q3 Loss, Tops Revenue Estimates
- Oct -24 - Tronox Reports Third Quarter 2024 Financial Results
- Oct -02 - Tronox Announces Dates for Third Quarter 2024 Earnings Release & Webcast Conference Call
- Aug -13 - Tronox Declares Third Quarter 2024 Dividend
- Aug -02 - Tronox Holdings plc (TROX) Q2 2024 Earnings Call Transcript
- Aug -01 - Tronox (TROX) Lags Q2 Earnings and Revenue Estimates
- Aug -01 - Tronox Reports Second Quarter 2024 Financial Results
- Jul -31 - Tronox Issues 2023 Sustainability Report
- Jul -17 - CMP vs. TROX: Which Stock Is the Better Value Option?
- Jul -12 - Tronox Announces Dates for Second Quarter 2024 Earnings Release & Webcast Conference Call
- Jul -08 - Tronox (TROX) Upgraded to Buy: Here's Why
- Jun -07 - Tronox (TROX) Inks Long-Term Power Purchase Deal With NOA
- Jun -06 - Tronox Announces Second Significant Renewable Energy Project in South Africa
- May -20 - Natixis Advisors L.P. Increases Position in Tronox Holdings plc (NYSE:TROX)
- May -08 - Tronox Announces Appointment of Lucrèce Foufopoulos-De Ridder to its Board of Directors
- May -07 - Tronox Declares Second Quarter 2024 Dividend
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Titanium Dioxide
Expected Growth : 8 %
What the company do ?
Titanium Dioxide from Tronox Holdings plc is a white pigment used in coatings, plastics, and paper, providing opacity, brightness, and UV protection.
Why we expect these perspectives ?
Tronox Holdings plc's Titanium Dioxide segment growth is driven by increasing demand from the coatings and plastics industries, supported by infrastructure development and urbanization in emerging markets. Additionally, the company's cost leadership, vertical integration, and strategic acquisitions contribute to its growth, with an expected 8% growth rate.
Segment n°2 -> Other
Expected Growth : 5 %
What the company do ?
The 'Other' segment from Tronox Holdings plc includes the company's titanium dioxide production operations in Australia and the electrolytic manganese dioxide business in the United States.
Why we expect these perspectives ?
Tronox Holdings plc's 'Other' segment growth is driven by increasing demand for titanium dioxide in emerging markets, expansion into new geographies, and strategic acquisitions. Additionally, the company's focus on operational efficiency, cost savings, and product innovation also contribute to its growth.
Segment n°3 -> Zircon
Expected Growth : 6 %
What the company do ?
Zircon, a mineral extracted by Tronox Holdings plc, is a key ingredient in ceramics, foundry castings, and refractories, with applications in construction, automotive, and consumer goods.
Why we expect these perspectives ?
Tronox Holdings plc's Zircon segment growth is driven by increasing demand from ceramics and foundry markets, coupled with supply constraints and rising prices. Additionally, the company's vertical integration, cost savings initiatives, and strategic acquisitions contribute to its growth momentum, resulting in a 6% growth rate.
Tronox Holdings Plc Products
| Product Range | What is it ? |
|---|---|
| Titanium Dioxide (TiO2) | A pigment used in coatings, plastics, and paper to provide opacity and brightness. |
| Zircon | A mineral used in ceramics, foundry, and refractory applications. |
| Feedstock | A raw material used in the production of titanium dioxide. |
| Mineral Sands | A mixture of minerals used in various industrial applications. |
Tronox Holdings plc's Porter Forces
Threat Of Substitutes
Tronox Holdings plc operates in the mining and manufacturing of titanium dioxide pigment, which has few substitutes. However, the company faces competition from other titanium dioxide producers, which could lead to a moderate threat of substitutes.
Bargaining Power Of Customers
Tronox Holdings plc has a diverse customer base, which reduces the bargaining power of individual customers. Additionally, the company's products are essential to its customers' production processes, making it difficult for customers to switch suppliers.
Bargaining Power Of Suppliers
Tronox Holdings plc relies on a few key suppliers for raw materials, which gives these suppliers some bargaining power. However, the company's large scale of operations and diversified supply chain mitigate this risk.
Threat Of New Entrants
The titanium dioxide industry has high barriers to entry, including significant capital requirements and environmental regulations. This makes it difficult for new entrants to join the market, reducing the threat of new entrants.
Intensity Of Rivalry
The titanium dioxide industry is highly competitive, with several large players competing for market share. This intense rivalry leads to pricing pressure and high marketing expenses for Tronox Holdings plc.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 59.53% |
| Debt Cost | 3.95% |
| Equity Weight | 40.47% |
| Equity Cost | 13.43% |
| WACC | 7.78% |
| Leverage | 147.11% |
Tronox Holdings plc : Quality Control
Tronox Holdings plc passed 1 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| CF | CF Industries Holdings, Inc. manufactures and sells hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities worldwide. Its principal products include anhydrous ammonia, granular urea, urea … |
| UFPI | UFP Industries, Inc., through its subsidiaries, designs, manufactures, and markets wood and wood-alternative products in North America, Europe, Asia, and Australia. It operates through Retail, Industrial, and Construction segments. The … |
| HUN | Huntsman Corporation manufactures and sells differentiated organic chemical products worldwide. The company operates through four segments: Polyurethanes, Performance Products, Advanced Materials, and Textile Effects. The Polyurethanes segment offers polyurethane chemicals, … |
| CE | Celanese Corporation, a technology and specialty materials company, manufactures and sells high performance engineered polymers in the United States and internationally. The company operates through three segments: Engineered Materials, Acetate … |
| IOSP | Innospec Inc. develops, manufactures, blends, markets, and supplies specialty chemicals in the United States, rest of North America, the United Kingdom, rest of Europe, and internationally. The company's Fuel Specialties … |
Peers Metrics
DCF BETA
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Scoring Insights
Peers Group Analysis
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CF Industries
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UFP Industries
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Huntsman
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Celanese
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Innospec
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