0.73%
-18.82%
-10.39%
43.25%
-31.34%
-92.27%
-85.58%
AI Spotlight on TSE
Company Description
Trinseo PLC, a materials solutions provider, manufactures and sells plastics and latex binders in the United States, Europe, the Asia-Pacific, and internationally.The company operates through six segments: Engineered Materials, Latex Binders, Base Plastics, Polystyrene, Feedstocks, and Americas Styrenics.The Engineered Materials segment offers rigid compounds, including polycarbonate compounds, acrylonitrile-butadiene-styrene compounds, and PC blends to consumer electronics and medical markets for equipment housing applications; thermoplastic elastomer soft plastic compounds, such as overmolds, sealings, tubing, and films for footwear shoe sole, personal care, consumer electronics, and automotive high-end applications; and PMMA products to building and construction, automotive, medical, and consumer goods applications.
The Latex Binders segment provides styrene-butadiene, styrene-acrylate, vinylidene chloride, and butadiene-methacrylate latex products for the commercial and niche carpet markets, as well as performance latex products for the adhesive, building and construction, and technical textile paper markets.The Base Plastics segment offers various compounds and blends for automotive and other applications.This segment also engages in the acrylonitrile-butadiene-styrene, styrene-acrylonitrile, and polycarbonate businesses.
The Polystyrene segment provides general purpose polystyrenes and high impact polystyrene for use in appliances, food packaging and food service disposables, consumer electronics, and building and construction materials.The Feedstocks segment offers styrene monomer, a basic building block of plastics.The Americas Styrenics segment provides styrene and polystyrene.
The company was incorporated in 2015 and is based in Berwyn, Pennsylvania.
Market Data
| Last Price | 4.14 |
| Change Percentage | 0.73% |
| Open | 4.15 |
| Previous Close | 4.11 |
| Market Cap ( Millions) | 147 |
| Volume | 200686 |
| Year High | 7.05 |
| Year Low | 1.94 |
| M A 50 | 4.58 |
| M A 200 | 3.86 |
Financial Ratios
| FCF Yield | -92.56% |
| Dividend Yield | 0.97% |
| ROE | 131.30% |
| Debt / Equity | -513.98% |
| Net Debt / EBIDTA | 1651.22% |
| Price To Book | -0.31 |
| Price Earnings Ratio | -0.3 |
| Price To FCF | -1.08 |
| Price To sales | 0.04 |
| EV / EBITDA | 17.56 |
News
- Jan -30 - Trinseo Announces Release Date and Conference Call for its Fourth Quarter and Full Year 2024 Financial Results
- Jan -16 - Trinseo Announces Expiration and Final Result of the Exchange Offer and Consent Solicitation
- Dec -17 - Trinseo Launches Previously Announced Exchange Offer and Consent Solicitation
- Dec -12 - Trinseo Shares Up 37% on Debt Refinance Transaction Support Agreement
- Dec -10 - Trinseo Enters into Transaction Support Agreement to Extend Debt Maturities and Increase Liquidity
- Nov -08 - Trinseo PLC (TSE) Q3 2024 Earnings Call Transcript
- Nov -07 - Trinseo (TSE) Reports Q3 Loss, Tops Revenue Estimates
- Nov -06 - Trinseo Reports Third Quarter 2024 Financial Results and Provides Fourth Quarter Outlook
- Nov -01 - Trinseo Announces Release Date and Conference Call for its Third Quarter 2024 Financial Results
- Oct -03 - Strength Seen in Trinseo (TSE): Can Its 15.8% Jump Turn into More Strength?
- Oct -01 - Trinseo Announces Restructuring Initiatives for Long-Term Growth
- Sep -30 - Trinseo Announces Additional Restructuring Initiatives
- Sep -13 - Undercovered Stock Picks From September 6-12: Lithium, Uranium, Gold, & Plastic
- Sep -10 - Trinseo: Powerful Upside To A Distressed Situation
- Aug -06 - Trinseo (TSE) Reports Q2 Loss, Lags Revenue Estimates
- Aug -06 - Trinseo Reports Second Quarter 2024 Financial Results and Provides Third Quarter Outlook
- Jun -27 - Trinseo (TSE) Launches PMMA Depolymerization Facility in Italy
- Jun -26 - Trinseo Opens Next-Gen Depolymerization Facility in Italy
- Jun -12 - Trinseo Portfolio Of EV Battery Solutions To Maximize Mobility On Display At Battery Show Europe
- Jun -03 - New Sustainably Advantaged ABS, SAN Resins Work As Drop-In Solution, Help Reduce Carbon Footprint Across Automotive, Industrial And Consumer Goods Applications
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Base Plastics
Expected Growth : 1.8 %
What the company do ?
Base Plastics from Trinseo PLC refers to a range of styrene-based polymers used in various applications, including packaging, automotive, and construction materials.
Why we expect these perspectives ?
Trinseo PLC's Base Plastics segment growth of 1.8% is driven by increasing demand for polystyrene and styrene-acrylonitrile resins in packaging and consumer products, as well as growing adoption of lightweight materials in the automotive industry. Additionally, the company's strategic expansion into emerging markets and ongoing efforts to improve operational efficiency also contribute to this growth.
Segment n°2 -> Latex Binders
Expected Growth : 1.9 %
What the company do ?
Latex Binders from Trinseo PLC are synthetic polymers used in adhesives, coatings, and construction materials, offering flexibility, durability, and water resistance.
Why we expect these perspectives ?
Trinseo PLC's Latex Binders segment growth of 1.9% is driven by increasing demand from the construction and coatings industries, supported by infrastructure development and renovation activities. Additionally, the growing trend towards sustainable and eco-friendly building materials is boosting the adoption of latex binders, which offer improved performance and environmental benefits.
Segment n°3 -> Engineered Materials
Expected Growth : 2.1 %
What the company do ?
Trinseo PLC's Engineered Materials segment produces a range of polymers and compounds used in automotive, consumer electronics, and medical applications.
Why we expect these perspectives ?
Trinseo PLC's Engineered Materials segment growth of 2.1% is driven by increasing demand for lightweight materials in the automotive industry, growth in the construction sector, and rising adoption of sustainable materials in consumer goods. Additionally, the company's strategic investments in R&D and capacity expansion have improved operational efficiency and enhanced product offerings.
Segment n°4 -> Polystyrene
Expected Growth : 1.7 %
What the company do ?
Polystyrene from Trinseo PLC is a type of thermoplastic resin used in packaging, insulation, and consumer products, known for its lightweight, rigid, and versatile properties.
Why we expect these perspectives ?
Trinseo PLC's Polystyrene segment growth of 1.7% is driven by increasing demand from packaging and foodservice industries, particularly in Asia. Rising e-commerce activities and growth in the global middle class are also contributing factors. Additionally, Trinseo's focus on sustainability and recyclable products is expected to support long-term growth.
Segment n°5 -> Feedstocks
Expected Growth : 2.2 %
What the company do ?
Feedstocks from Trinseo PLC refer to the raw materials, such as styrene and butadiene, used to produce synthetic rubber and plastics.
Why we expect these perspectives ?
Trinseo PLC's 2.2% growth in Feedstocks is driven by increasing demand for polymeric materials in the automotive and construction industries, coupled with the company's strategic expansion into high-growth markets in Asia. Additionally, Trinseo's focus on sustainability and recycling initiatives has led to increased sales of eco-friendly feedstocks, contributing to the segment's growth.
Trinseo Plc Products
| Product Range | What is it ? |
|---|---|
| Polystyrene | A versatile plastic material used in packaging, insulation, and consumer products |
| Styrene Monomer | A key raw material used in the production of plastics and resins |
| Acrylonitrile Butadiene Styrene (ABS) | A strong and impact-resistant plastic material used in automotive, consumer, and industrial applications |
| Styrene Acrylonitrile (SAN) | A transparent and chemical-resistant plastic material used in consumer and industrial applications |
| Polycarbonate (PC) | A strong and impact-resistant plastic material used in automotive, consumer, and industrial applications |
| Thermoplastic Elastomers (TPE) | A flexible and versatile material used in automotive, consumer, and industrial applications |
| Polypropylene (PP) | A lightweight and versatile plastic material used in packaging, automotive, and consumer applications |
| Compounds and Blends | Customized plastic materials used in various industrial and consumer applications |
Trinseo PLC's Porter Forces
Threat Of Substitutes
Trinseo PLC's products are moderately susceptible to substitutes, as customers have some alternatives available in the market. However, the company's strong brand reputation and quality products help to mitigate this threat.
Bargaining Power Of Customers
Trinseo PLC's customers have limited bargaining power due to the company's strong market position and diversified customer base. This reduces the risk of customers negotiating lower prices or demanding better services.
Bargaining Power Of Suppliers
Trinseo PLC's suppliers have moderate bargaining power due to the availability of alternative suppliers in the market. However, the company's long-term contracts and strategic partnerships help to mitigate this risk.
Threat Of New Entrants
The threat of new entrants is low for Trinseo PLC due to the high barriers to entry in the industry, including significant capital requirements and regulatory hurdles.
Intensity Of Rivalry
The intensity of rivalry in the industry is high, with several established players competing for market share. Trinseo PLC must focus on differentiating its products and services to maintain its competitive edge.
Strength
Capital Structure
| Value | |
|---|---|
| Debt Weight | 113.09% |
| Debt Cost | 7.30% |
| Equity Weight | -13.09% |
| Equity Cost | 11.84% |
| WACC | 6.71% |
| Leverage | -863.73% |
Trinseo PLC : Quality Control
Trinseo PLC passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| NGVT | Ingevity Corporation manufactures and sells specialty chemicals and activated carbon materials in North America, the Asia Pacific, Europe, the Middle East, Africa, and South America. The company operates through two … |
| GPRE | Green Plains Inc. produces, markets, and distributes ethanol in the United States and internationally. It operates through three segments: Ethanol Production, Agribusiness and Energy Services, and Partnership. The Ethanol Production … |
| ALTO | Alto Ingredients, Inc. produces and markets specialty alcohols and essential ingredients in the United States. The company operates in three segments: Marketing and Distribution, Pekin Production, and Other Production. It … |
| SCL | Stepan Company, together with its subsidiaries, produces and sells specialty and intermediate chemicals to other manufacturers for use in various end products. It operates through three segments: Surfactants, Polymers, and … |
| GEVO | Gevo, Inc. operates as a renewable fuels company. It operates through four segments: Gevo, Agri-Energy, Renewable Natural Gas, and Net-Zero. The company commercializes gasoline, jet fuel, and diesel fuel to … |
Peers Metrics
DCF BETA
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Scoring Insights
Peers Group Analysis
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Stepan
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Gevo
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Ingevity
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Trinseo
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Green Plains
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