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1. Company Snapshot

1.a. Company Description

The Chemours Company provides performance chemicals in North America, the Asia Pacific, Europe, the Middle East, Africa, and Latin America.It operates through four segments: Titanium Technologies, Thermal & Specialized Solutions, Advanced Performance Materials, and Chemical Solutions.The Titanium Technologies segment provides TiO2 pigment under the Ti-Pure and BaiMax brands for delivering whiteness, brightness, opacity, and protection in various of applications, such as architectural and industrial coatings, flexible and rigid plastic packaging, polyvinylchloride, laminate papers used for furniture and building materials, coated paper, and coated paperboard used for packaging.


The Thermal & Specialized Solutions segment offers of refrigerants, thermal management solutions, propellants, foam blowing agents, and specialty solvents.The Advanced Performance Materials segment products portfolio includes various industrial resins, specialty products, membranes, and coatings for consumer electronics, semiconductors, digital communications, transportation, energy, oil and gas, and medical, and others applications.The Chemical Solutions segment comprises a portfolio of industrial chemicals used as raw materials and catalysts for gold production, clean and disinfect, oil and gas, water treatment, electronics, and automotive applications.


The company sells its products through direct and indirect channels, as well as through a network of resellers and distributors.The Chemours Company was founded in 2014 and is headquartered in Wilmington, Delaware.

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1.b. Last Insights on CC

The Chemours Company's recent performance was negatively impacted by Q3 earnings missing estimates, with a reported $0.2 per share compared to the expected $0.24 per share. Weak sales of titanium dioxide, a key component of white paint, contributed to the earnings shortfall. Operational disruptions also affected results, although the company posted a Q3 profit rebound with $60M in net income, driven by strong Thermal & Specialized Solutions. Additionally, the company faces challenges from weak end markets, but progress on environmental liabilities and Opteon growth support medium-term prospects.

1.c. Company Highlights

2. Chemours' Q3 Earnings: A Resilient Performance Amidst Macroeconomic Weakness

Chemours reported a robust third-quarter performance, with adjusted EBITDA exceeding expectations despite the prevailing macroeconomic weakness. The company's revenue growth was driven by the strong performance of its Thermal & Specialized Solutions (TSS) business, which saw Opteon sales record an 80% year-over-year increase, marking a third-quarter record. The actual EPS came in at $0.2, slightly below estimates of $0.24. The company's TSS segment achieved margin expansion from 30% to 35%. Chemours' Advanced Performance Materials (APM) business also delivered solid top-line performance, ensuring earnings were in line with expectations.

Publication Date: Nov -10

📋 Highlights
  • TSS Business Growth:: Opteon Refrigerants sales surged 80% YoY in Q3 2025, driven by stationary aftermarket demand tied to U.S. AIM Act transitions.
  • TT Segment Guidance:: Adjusted EBITDA for TT expected to decline sequentially in Q4 2025 to $125–140M due to seasonality, despite 2026 growth confidence.
  • Pathway to Thrive Strategy:: TSS anticipates double-digit Opteon sales growth in 2026, with 80% growth in refrigerant sales and 20% segment sales increase in 2025.
  • TiO2 Market Dynamics:: Chinese TiO2 capacity closures (300kt shut down in 2025, cumulative 1.1M tons since 2023) and fair trade duties protect Western producers.
  • TT Profit Concentration:: Architectural coatings account for 70% of TT’s profit pool, highlighting its strategic focus in the TiO2 segment.

Segment Performance

The TSS business was a significant contributor to Chemours' success, with Opteon sales driving double-digit growth. The company's focus on maximizing value and growth in the stationary aftermarket segment yielded positive results. In contrast, the Titanium Technologies (TT) segment delivered overall results below expectations due to sustained macro weakness across the global TiO2 market. However, Chemours remains committed to its value-based commercial strategy, which is aligned with the higher product quality provided to customers.

Guidance and Outlook

Chemours expects net sales to decrease sequentially in the high teens to low 20s percentage range in the fourth quarter, driven by traditional seasonality. However, the company anticipates continued double-digit Opteon growth. For the full year, analysts estimate revenue growth at 4.3%. Chemours' guidance suggests a decrease in TSS' adjusted EBITDA, ranging between $125 million and $140 million, also driven by seasonality.

Valuation

With a P/E Ratio of -5.63 and a P/B Ratio of 6.3, Chemours' valuation appears to be influenced by its current earnings challenges. The EV/EBITDA ratio stands at 5.04, indicating a relatively reasonable valuation compared to its EBITDA. The Dividend Yield is 5.4%, which may attract income-focused investors. Given the company's ROE of -77.53%, it is clear that Chemours is facing significant earnings challenges. However, the Net Debt / EBITDA ratio of -1.19 suggests a healthy debt position.

Operational Highlights

Chemours continued to execute its Pathway to Thrive strategy, focusing on commercial effectiveness, operational rigor, and strategic growth. The company has made significant progress in TSS, with a solid performance in the aftermarket segment. Chemours is confident in its ability to drive long-term value for shareholders through disciplined execution and operational excellence.

3. NewsRoom

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Chemours Appoints Michael Foley as President of Titanium Technologies; Announces Departure of Damián Gumpel

Dec -04

Source: businesswire.com

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Reviewing Kiwa Bio-Tech Products Group (OTCMKTS:KWBT) and Chemours (NYSE:CC)

Dec -01

Source: defenseworld.net

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This Fund Bought $63 Million of Chemours Stock Even as Shares Sit 80% Below 2017 Highs

Nov -30

Source: fool.com

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Head to Head Survey: Chemours (NYSE:CC) and Avient (NYSE:AVNT)

Nov -29

Source: defenseworld.net

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On Holding Surges 19% on Strong Q3 Earnings and Raised Guidance

Nov -12

Source: gurufocus.com

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Chemours: Solid Momentum Despite One-Time Costs In Q3

Nov -11

Source: seekingalpha.com

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Chemours Q3 Earnings Lag Estimates Amid Operational Disruptions

Nov -11

Source:

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The Chemours Company (CC) Q3 2025 Earnings Call Transcript

Nov -07

Source: seekingalpha.com

4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (2.75%)

6. Segments

Titanium Technologies

Expected Growth: 2.5%

Titanium Technologies' 2.5% growth is driven by increasing demand for premium pigments in coatings and plastics, coupled with Chemours' cost savings initiatives and operational efficiencies. Additionally, growth in the aerospace and industrial processes segments, as well as the company's focus on innovation and R&D, contribute to this growth rate.

Thermal & Specialized Solutions

Expected Growth: 2.8%

Chemours' Thermal & Specialized Solutions segment growth is driven by increasing demand for refrigerants and thermal management solutions in the automotive and electronics industries, as well as the adoption of low-global-warming-potential (GWP) refrigerants, such as Opteon, which supports the transition to more sustainable technologies.

Advanced Performance Materials

Expected Growth: 3.2%

The 3.2% growth in Advanced Performance Materials from The Chemours Company is driven by increasing demand for high-performance plastics and coatings in the automotive and industrial markets, coupled with the company's focus on innovation and R&D, as well as its strategic partnerships and capacity expansions.

Other

Expected Growth: 2.2%

Chemours' 'Other' segment growth is driven by increasing demand for mining solutions, particularly in gold and copper, as well as growth in the company's chemical solutions business, which provides products for various industrial applications. Additionally, the segment benefits from the company's cost savings initiatives and operational efficiencies.

7. Detailed Products

Titanium Technologies

Titanium dioxide (TiO2) is a pigment used in coatings, plastics, and paper, providing opacity, brightness, and durability.

Fluoroproducts

Fluoropolymers, fluoroplastics, and fluorinated fluids used in various applications, including refrigeration, air conditioning, and semiconductor manufacturing.

Chemical Solutions

Sulfuric acid, sodium chlorate, and other chemicals used in various industries, including mining, pulp and paper, and water treatment.

Advanced Performance Materials

Specialty chemicals and materials used in various applications, including oil refining, fuel cells, and pharmaceuticals.

8. The Chemours Company's Porter Forces

Forces Ranking

Threat Of Substitutes

The threat of substitutes for The Chemours Company is moderate due to the availability of alternative products and technologies that can replace its offerings.

Bargaining Power Of Customers

The bargaining power of customers is low for The Chemours Company due to the lack of concentration in the customer base and the company's ability to maintain pricing power.

Bargaining Power Of Suppliers

The bargaining power of suppliers is moderate for The Chemours Company due to the presence of multiple suppliers and the company's ability to negotiate prices.

Threat Of New Entrants

The threat of new entrants is high for The Chemours Company due to the relatively low barriers to entry and the attractiveness of the industry.

Intensity Of Rivalry

The intensity of rivalry is high for The Chemours Company due to the presence of several established players and the high level of competition in the industry.

9. SWOT Analysis

Strength

Weaknesses

Opportunities

Threats

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

Value
Debt Weight 84.59%
Debt Cost 6.49%
Equity Weight 15.41%
Equity Cost 13.88%
WACC 7.63%
Leverage 549.12%

11. Quality Control: The Chemours Company passed 2 out of 9 key points

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

Stock-Card
WD-40

A-Score: 4.7/10

Value: 1.5

Growth: 6.0

Quality: 8.2

Yield: 3.0

Momentum: 1.0

Volatility: 8.7

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Axalta Coating Systems

A-Score: 4.6/10

Value: 5.8

Growth: 5.6

Quality: 6.9

Yield: 0.0

Momentum: 2.0

Volatility: 7.7

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Quaker Chemical

A-Score: 4.4/10

Value: 5.8

Growth: 6.3

Quality: 3.2

Yield: 3.0

Momentum: 2.5

Volatility: 5.3

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Chemours

A-Score: 4.2/10

Value: 7.5

Growth: 2.3

Quality: 2.6

Yield: 8.0

Momentum: 2.5

Volatility: 2.3

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Albemarle

A-Score: 3.9/10

Value: 8.2

Growth: 3.6

Quality: 2.9

Yield: 3.0

Momentum: 3.0

Volatility: 2.7

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Avantor

A-Score: 3.5/10

Value: 6.3

Growth: 5.8

Quality: 5.0

Yield: 0.0

Momentum: 0.0

Volatility: 3.7

1-Year Total Return ->

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Peers Metrics

12.e Scoring Insights

12.f DCF BETA

Parameters

Short Term Growth

Short term Time

Long-Term Growth

WACC

Target Price

12.54$

Current Price

12.54$

Potential

-0.00%

Expected Cash-Flows