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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; monazite; 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.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Tronox Holdings PLC manufactures titanium dioxide (TiO2) pigments for paints, coatings, plastics and paper and operates integrated mining and processing assets globally. Long-term growth drivers include industrial and consumer demand for TiO2, scale and feedstock integration, and expansion into specialty grades that may command higher margins. These factors may attract investors seeking exposure to a major TiO2 producer.
Main risks are cyclical demand and TiO2 pricing, feedstock and energy volatility, environmental and regulatory liabilities from mining operations, and execution risk on integration and capacity projects.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Income before tax | 308.00M | 374.00M | 114.00M | -88.00M | 43.00M |
| Minority interest | 3.00M | -17.00M | 26.00M | 168.00M | 179.00M |
| Net income | 497.00M | 286.00M | 969.00M | -102.00M | -7.00M |
| Selling general administrative | 289.00M | 318.00M | 347.00M | 347.00M | 267.00M |
| Gross profit | 832.00M | 895.00M | 621.00M | 464.00M | 498.00M |
| Reconciled depreciation | 269.00M | 297.00M | 304.00M | 280.00M | 195.00M |
| Ebit | 458.00M | 577.00M | 271.00M | 138.00M | 297.00M |
| Ebitda | 808.00M | 893.00M | 612.00M | 418.00M | 492.00M |
| Depreciation and amortization | 350.00M | 316.00M | 341.00M | 280.00M | 195.00M |
| Non operating income net other | -25.00M | -46.00M | 32.00M | 18.00M | 36.00M |
| Operating income | 458.00M | 577.00M | 271.00M | 138.00M | 200.00M |
| Other operating expenses | 2911.00M | 2995.00M | 2484.00M | 2525.00M | 1588.00M |
| Interest expense | 125.00M | 157.00M | 189.00M | 201.00M | 193.00M |
| Tax provision | -192.00M | 71.00M | -881.00M | 14.00M | 13.00M |
| Interest income | 9.00M | 7.00M | 8.00M | 18.00M | 33.00M |
| Net interest income | -116.00M | -150.00M | -181.00M | -183.00M | -160.00M |
| Extraordinary items | - | - | - | 5.00M | 1.00M |
| Non recurring | 85.00M | - | - | - | 31.00M |
| Income tax expense | -192.00M | 71.00M | -881.00M | 14.00M | 13.00M |
| Total revenue | 3454.00M | 3572.00M | 2758.00M | 2642.00M | 1819.00M |
| Total operating expenses | 289.00M | 318.00M | 347.00M | 347.00M | 267.00M |
| Cost of revenue | 2622.00M | 2677.00M | 2137.00M | 2178.00M | 1321.00M |
| Total other income expense net | -150.00M | -203.00M | -157.00M | -226.00M | -28.00M |
| Discontinued operations | - | - | - | 5.00M | 5.00M |
| Net income from continuing ops | 500.00M | 303.00M | 995.00M | -102.00M | 30.00M |
| Net income applicable to common shares | 497.00M | 286.00M | 969.00M | -109.00M | -7.00M |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Total assets | 6306.00M | 5987.00M | 6568.00M | 5291.00M | 4642.00M |
| Intangible assets | 250.00M | 217.00M | 201.00M | 208.00M | 176.00M |
| Other current assets | 135.00M | 136.00M | 229.00M | 175.00M | 712.00M |
| Total liab | 3903.00M | 3945.00M | 4697.00M | 4375.00M | 3780.00M |
| Total stockholder equity | 2357.00M | 1994.00M | 1698.00M | 748.00M | 683.00M |
| Deferred long term liab | 153.00M | 157.00M | 176.00M | 3.00M | 5.00M |
| Other current liab | 270.00M | 25.00M | 57.00M | 26.00M | 135.00M |
| Common stock | 2.00M | 2.00M | 1.00M | 1.00M | 1.00M |
| Capital stock | 2.00M | 2.00M | 1.00M | 1.00M | 1.00M |
| Retained earnings | 1080.00M | 663.00M | 434.00M | -493.00M | -357.00M |
| Other liab | 479.00M | 510.00M | 588.00M | 600.00M | 341.00M |
| Good will | - | - | 201.00M | 208.00M | 176.00M |
| Other assets | 1429.00M | 1179.00M | 2079.00M | 272.00M | 122.00M |
| Cash | 164.00M | 228.00M | 619.00M | 302.00M | 1034.00M |
| Total current liabilities | 850.00M | 822.00M | 805.00M | 724.00M | 300.00M |
| Current deferred revenue | - | 315.00M | 295.00M | 266.00M | 10.00M |
| Net debt | 2504.00M | 2429.00M | 2782.00M | 2824.00M | 2127.00M |
| Short term debt | 94.00M | 44.00M | 97.00M | 76.00M | 22.00M |
| Short long term debt | 74.00M | 18.00M | 58.00M | 38.00M | 22.00M |
| Short long term debt total | 2668.00M | 2657.00M | 3401.00M | 3126.00M | 3161.00M |
| Other stockholder equity | 2043.00M | 2067.00M | 1873.00M | 1846.00M | 1579.00M |
| Property plant equipment | 2531.00M | 2542.00M | 2562.00M | 2715.00M | 1800.00M |
| Total current assets | 1960.00M | 2049.00M | 2529.00M | 2096.00M | 2544.00M |
| Net tangible assets | 2107.00M | 1777.00M | 1497.00M | 540.00M | 507.00M |
| Net receivables | 383.00M | 637.00M | 544.00M | 488.00M | 319.00M |
| Long term debt | 2464.00M | 2558.00M | 3263.00M | 2988.00M | 3139.00M |
| Inventory | 1278.00M | 1048.00M | 1137.00M | 1131.00M | 479.00M |
| Accounts payable | 486.00M | 438.00M | 356.00M | 356.00M | 133.00M |
| Noncontrolling interest in consolidated entity | 46.00M | 48.00M | 173.00M | 168.00M | 179.00M |
| Accumulated other comprehensive income | -768.00M | -738.00M | -610.00M | -606.00M | -540.00M |
| Common stock total equity | 2.00M | 2.00M | 1.00M | 1.00M | 1.00M |
| Retained earnings total equity | 1080.00M | 663.00M | 434.00M | -493.00M | -357.00M |
| Non currrent assets other | 196.00M | 194.00M | 175.00M | 162.00M | 85.00M |
| Deferred long term asset charges | - | - | - | - | 37.00M |
| Non current assets total | 4346.00M | 3938.00M | 4039.00M | 3195.00M | 2098.00M |
| Capital lease obligations | 130.00M | 81.00M | 80.00M | 100.00M | - |
| Long term debt total | 2464.00M | 2558.00M | 3263.00M | 2988.00M | 3139.00M |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Investments | -415.00M | -269.00M | -36.00M | -25.00M | -64.00M |
| Change to liabilities | -5.00M | 53.00M | 15.00M | 54.00M | -41.00M |
| Total cashflows from investing activities | -415.00M | -269.00M | -229.00M | -1185.00M | -174.00M |
| Net borrowings | -95.00M | -740.00M | 257.00M | -169.00M | -1.00M |
| Total cash from financing activities | -250.00M | -877.00M | 214.00M | -638.00M | -46.00M |
| Change to operating activities | 7.00M | -25.00M | -97.00M | -15.00M | -19.00M |
| Net income | 500.00M | 303.00M | 995.00M | -102.00M | 30.00M |
| Change in cash | -68.00M | -416.00M | 337.00M | -1385.00M | -73.00M |
| Begin period cash flow | 232.00M | 648.00M | 311.00M | 1696.00M | 1769.00M |
| End period cash flow | 164.00M | 232.00M | 648.00M | 311.00M | 1696.00M |
| Total cash from operating activities | 598.00M | 740.00M | 355.00M | 441.00M | 170.00M |
| Depreciation | 240.00M | 362.00M | 306.00M | 312.00M | 195.00M |
| Other cashflows from investing activities | 13.00M | 1.00M | 2.00M | -963.00M | 7.00M |
| Dividends paid | -87.00M | -65.00M | -40.00M | -27.00M | 23.00M |
| Change to inventory | -255.00M | 53.00M | -21.00M | -59.00M | -47.00M |
| Change to account receivables | 233.00M | -108.00M | -49.00M | 78.00M | -11.00M |
| Sale purchase of stock | -50.00M | 8.00M | 0.00M | -288.00M | 6.00M |
| Other cashflows from financing activities | 516.00M | 2400.00M | 500.00M | -158.00M | 583.00M |
| Change to netincome | -164.00M | 164.00M | -802.00M | 99.00M | 31.00M |
| Capital expenditures | 428.00M | 272.00M | 195.00M | 198.00M | 117.00M |
| Change receivables | 233.00M | -108.00M | -49.00M | 78.00M | -11.00M |
| Cash flows other operating | 7.00M | 278.00M | 898.00M | -19.00M | 32.00M |
| Exchange rate changes | - | - | - | - | -23.00M |
| Cash and cash equivalents changes | -67.00M | -406.00M | 340.00M | -1411.00M | -73.00M |
| Change in working capital | -15.00M | -18.00M | -152.00M | 58.00M | -118.00M |
| Stock based compensation | 26.00M | 31.00M | 30.00M | 32.00M | 21.00M |
| Other non cash items | 108.00M | 47.00M | 75.00M | 150.00M | 63.00M |
| Free cash flow | 170.00M | 468.00M | 160.00M | 243.00M | 53.00M |
Sector: Basic Materials Industry: Chemicals
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| TROX Tronox Holdings PLC |
- -% |
2.51 | - | 11.98 | 0.77 | 1.08 | 1.73 | 10.27 |
| SHECF Shin-Etsu Chemical Co. Ltd |
- -% |
34.16 | 23.22 | 18.73 | 0.03 | 2.38 | 3.50 | 9.45 |
| SHECY Shin-Etsu Chemical Co Ltd ADR |
-0.02 0.12% |
16.95 | 22.65 | 18.25 | 0.03 | 2.32 | 3.46 | 9.34 |
| BFFAF BASF SE NA O.N. |
- -% |
63.23 | 33.31 | 25.58 | 0.93 | 1.43 | 1.13 | 8.85 |
| BASFY BASF SE ADR |
-0.63 4.01% |
15.07 | 33.15 | 25.25 | 0.93 | 1.41 | 1.13 | 8.85 |
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; monazite; 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.
| Name | Title | Year Born |
|---|---|---|
| Mr. John D. Romano | Co-CEO & Director | 1965 |
| Mr. Jean-Francois Turgeon | Co-CEO & Director | 1966 |
| Mr. Timothy Craig Carlson | Sr. VP & CFO | 1965 |
| Mr. Russell Austin | Sr. VP of Operations | 1966 |
| Mr. Jeffrey N. Neuman | Sr. VP, Corp. Sec. & Gen. Counsel | NA |
| Mr. D. John Srivisal | Sr. VP of Bus. Devel. & Fin. | 1979 |
| Mr. Jonathan P. Flood | VP, Controller & Principal Accounting Officer | 1981 |
| Mr. Michael Miller | Chief Information Officer | NA |
| Ms. Jennifer Guenther | VP of Investor Relations | NA |
| Ms. Elizabeth Marengo | Sr. VP of Global HR | NA |
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