Kronos Worldwide (KRO) AI Stock Analysis

• Market Cap: $848.97M
• Dividend Yield: 4.61%
• Average Volume (3M): 191.54K
• Price to Earnings (P/E): 9.8
• Beta (1Y): 1.75
• Revenue Growth: 13.24%
• EPS Growth: N/A
• Country: US
• Employees: 2,524
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Chemicals - Specialty
• EPS (TTM): 0.75
• Shares Outstanding: 115,036,020
• 10 Day Avg. Volume: 169,393
• 30 Day Avg. Volume: 191,536
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.47
• Price to Cash Flow (P/CF): 4.50
• P/FCF Ratio: 6.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Kronos Worldwide's stock scores a 61, driven by strong financial recovery and attractive valuation. Despite these strengths, technical indicators point towards negative market sentiment with the stock trending below key moving averages. The high beta also suggests potential volatility. The stock is suitable for investors seeking income through dividends, but caution is advised due to technical weaknesses and potential debt-related risks.

Kronos Worldwide Business Overview & Revenue Model

Company Description

Kronos Worldwide, Inc. produces and markets titanium dioxide pigments (TiO2) in Europe, North America, the Asia Pacific, and internationally. The company produces TiO2 in two crystalline forms, rutile and anatase to impart whiteness, brightness, opacity, and durability for various products, including paints, coatings, plastics, paper, fibers, and ceramics, as well as for various specialty products, such as inks, foods, and cosmetics. It also produces ilmenite, a raw material used directly as a feedstock by sulfate-process TiO2 plants; iron-based chemicals, which are used as treatment and conditioning agents for industrial effluents and municipal wastewater, as well as in the manufacture of iron pigments, cement, and agricultural products; specialty chemicals for use in the formulation of pearlescent pigments, and production of electroceramic capacitors for cell phones and other electronic devices, as well as for use in pearlescent pigments, natural gas pipe, and other specialty applications. In addition, the company provides technical services for its products. It sells its products under the KRONOS brand through agents and distributors to paint, plastics, decorative laminate, and paper manufacturers. The company was founded in 1916 and is headquartered in Dallas, Texas. Kronos Worldwide, Inc. operates as a subsidiary of Valhi, Inc.

How the Company Makes Money

Kronos Worldwide generates revenue primarily through the manufacture and sale of titanium dioxide pigments. The company's key revenue streams are derived from its diverse customer base across industries such as coatings, plastics, paper, and inks, which use titanium dioxide for its whitening and opacifying properties. Revenue is influenced by factors such as global demand for titanium dioxide, production capacity, and pricing strategies. Additionally, the company may engage in strategic partnerships and long-term contracts with key customers to ensure consistent revenue flow. External factors, such as raw material costs and regulatory changes, can also impact the company's financial performance.

Kronos Worldwide Financial Statement Overview

Summary

Kronos Worldwide exhibits a positive financial trajectory with revenue and profitability recovery, improved cash flow management, and a balanced capital structure. However, increased leverage could pose risks if not managed prudently. The company shows strong potential for growth with careful attention to maintaining profit margins and reducing debt.

Income Statement

Kronos Worldwide has shown a solid recovery with a revenue growth rate of 13.26% in 2024 compared to 2023. The gross profit margin improved from 9.89% in 2023 to 19.04% in 2024, indicating better cost management. However, the EBIT margin is 6.51%, reflecting moderate operational efficiency. The net profit margin of 4.57% in 2024 shows improvement but remains relatively low, suggesting room for further profitability enhancement.

Balance Sheet

The company's debt-to-equity ratio increased to 0.64 in 2024, indicating higher leverage. Return on equity improved slightly to 10.55%, demonstrating better profitability from shareholders' equity. The equity ratio stands at 44.94%, showing a balanced capital structure but with potential risks due to rising debt levels.

Cash Flow

Operating cash flow increased significantly to $72.5 million in 2024, improving the operating cash flow to net income ratio to 0.84. Free cash flow grew healthily, turning positive to $43 million, with a substantial free cash flow to net income ratio of 0.50, indicating stronger cash management and liquidity.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
1.89B	1.67B	1.93B	1.94B	1.64B
	Gross Profit
359.30M	164.90M	391.10M	446.20M	351.20M
	EBIT
122.90M	-56.00M	84.10M	111.50M	38.00M
	EBITDA
256.90M	-2.70M	207.00M	230.90M	163.60M
	Net Income Common Stockholders
86.20M	-49.10M	104.50M	112.90M	63.90M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
106.70M	194.70M	327.80M	406.00M	355.30M
	Total Assets
1.91B	1.84B	1.93B	2.01B	2.04B
	Total Debt
528.00M	463.40M	446.40M	470.70M	512.90M
	Net Debt
421.30M	268.70M	118.60M	64.70M	157.60M
	Total Liabilities
1.10B	1.03B	977.20M	1.14B	1.24B
	Stockholders Equity
817.00M	808.30M	957.20M	870.20M	796.50M
Cash Flow		Free Cash Flow
43.00M	-41.90M	18.50M	147.90M	39.70M
	Operating Cash Flow
72.50M	5.50M	81.70M	206.50M	102.50M
	Investing Cash Flow
-186.30M	-47.40M	-63.10M	-58.60M	-61.30M
	Financing Cash Flow
26.50M	-91.60M	-91.50M	-86.70M	-85.30M

Kronos Worldwide Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 7.42
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For KRO, the sentiment is Negative. The current price of 7.42 is below the 20-day moving average (MA) of 7.77, below the 50-day MA of 8.64, and below the 200-day MA of 10.59, indicating a bearish trend. The MACD of -0.30 indicates Negative momentum. The RSI at 32.75 is Neutral, neither overbought nor oversold. The STOCH value of 11.41 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for KRO.

Kronos Worldwide Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
EMN	75 Outperform	$10.17B	11.48	16.11%	3.70%	1.91%	2.94%
KRO	61 Neutral	$848.97M	9.85	10.61%	4.61%	13.24%	―
WLK	59 Neutral	$12.83B	21.56	5.76%	2.05%	-3.24%	24.29%
ASH	57 Neutral	$2.80B	21.03	0.18%	2.73%	-4.35%	-115.63%
CC	53 Neutral	$2.02B	23.62	12.98%	7.72%	-4.05%	―
HUN	50 Neutral	$2.74B	―	-5.22%	6.48%	-1.23%	-277.52%
Sector *	47 Neutral	$2.64B	-3.21	-21.68%	3.30%	4.19%	-30.23%

Kronos Worldwide Corporate Events

Kronos Worldwide Declares Quarterly Dividend for 2024

Kronos Worldwide, Inc., a leading global producer of titanium dioxide products, has declared a regular quarterly dividend of $0.05 per share, payable on December 12, 2024, to shareholders on record by November 29, 2024. This announcement could be of interest to investors tracking dividend-yielding stocks.