TRONOX (TROX) AI Stock Analysis

• Market Cap: $505.69M
• Dividend Yield: 12.14%
• Average Volume (3M): 3.90M
• Price to Earnings (P/E): ―
• Beta (1Y): 2.25
• Revenue Growth: -7.81%
• EPS Growth: -334.15%
• Country: US
• Employees: 6,500
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Chemicals
• EPS (TTM): -0.46
• Shares Outstanding: 158,524,630
• 10 Day Avg. Volume: 2,989,428
• 30 Day Avg. Volume: 3,895,179
• PEG Ratio: 0.39
• Price to Book (P/B): 0.90
• Price to Sales (P/S): 0.52
• P/FCF Ratio: -22.70
• Enterprise Value/Market Cap: 0.00
• Enterprise Value/Revenue: 0.00
• Enterprise Value/Gross Profit: 0.00
• Enterprise Value/Ebitda: 0.00
• 1Y Price Target: $4.23
• Price Target Upside: 33.44% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 6
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 43 Neutral
• Price Target: $3.00 ▼(-5.36% Downside)

Tronox's overall stock score is primarily impacted by its weak financial performance and bearish technical indicators. The company's high leverage and negative profitability metrics are significant concerns. Despite some positive developments in cost improvements and antidumping measures, market uncertainties and revenue declines weigh heavily on the outlook.

Positive Factors

Cost Improvement Program

The cost improvement program enhances operational efficiency, leading to significant savings and improved margins, strengthening long-term competitiveness.

Antidumping Measures

Antidumping measures reduce competition from low-cost imports, potentially increasing market share and stabilizing prices, benefiting long-term revenue.

Strengthened Liquidity

Improved liquidity provides financial flexibility to navigate market challenges and invest in growth opportunities, supporting long-term stability.

Negative Factors

High Leverage

High leverage increases financial risk, potentially limiting the company's ability to invest in growth and impacting long-term financial health.

Revenue Decline

Declining revenue indicates challenges in maintaining market position and demand, which could hinder long-term growth and profitability.

Net Loss and EBITDA Decline

Ongoing losses and declining EBITDA suggest operational inefficiencies and market pressures, impacting long-term financial performance.

TRONOX Business Overview & Revenue Model

Company Description

TRONOX Holdings plc is a global leader in the production of titanium dioxide (TiO2) pigments and operates in the minerals and chemicals sectors. The company specializes in the mining, processing, and marketing of titanium minerals, zircon, and other related products. TRONOX serves a diverse range of industries, including coatings, plastics, paper, and cosmetics, providing essential materials that enhance the quality and performance of various consumer goods.

How the Company Makes Money

TRONOX generates revenue primarily through the sale of titanium dioxide pigments, which are used to impart whiteness and opacity to products across multiple industries. The company operates a vertically integrated business model, controlling the entire supply chain from raw material extraction to final product delivery. Key revenue streams include sales of TiO2 pigments, mineral sands, and zircon products. Additionally, TRONOX benefits from strong partnerships with leading manufacturers in the coatings and plastics sectors, enhancing its market position. The company also capitalizes on price fluctuations in the titanium dioxide market, which can significantly impact its earnings based on supply and demand dynamics.

TRONOX Financial Statement Overview

Summary

Tronox faces significant financial challenges, including negative profitability metrics, high leverage, and declining operational cash flow. The company's financial health is concerning, with negative net profit margins and a high debt-to-equity ratio.

Income Statement

The company shows a negative net profit margin due to recurring net losses, which is a major concern. The gross profit margin and EBIT margin have been declining, indicating reduced operational efficiency. Revenue growth is inconsistent and has been decreasing in recent years.

Balance Sheet

The debt-to-equity ratio is high, indicating significant leverage, which poses financial risk. The equity ratio is moderate, but the declining stockholders' equity suggests weakening financial stability. Return on equity has been negative due to net losses.

Cash Flow

Operating cash flow is positive but not sufficient to cover capital expenditures, resulting in negative free cash flow. The free cash flow to net income ratio is unfavorable, highlighting cash management issues. Cash flow from operations is declining, reducing financial flexibility.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.15B	3.07B	2.85B	3.45B	3.57B	2.76B
Gross Profit	295.05M	515.00M	462.00M	832.00M	895.00M	621.00M
EBITDA	176.96M	525.00M	473.00M	714.00M	840.00M	619.00M
Net Income	-225.10M	-48.00M	-316.00M	497.00M	286.00M	969.00M
Balance Sheet
Total Assets	6.30M	6.04B	6.13B	6.31B	5.99B	6.57B
Cash, Cash Equivalents and Short-Term Investments	185.00K	151.00M	273.00M	164.00M	228.00M	619.00M
Total Debt	271.00K	2.99B	2.95B	2.67B	2.66B	3.40B
Total Liabilities	4.71M	4.25B	4.15B	3.90B	3.94B	4.70B
Stockholders Equity	1.56M	1.76B	1.94B	2.36B	1.99B	1.70B
Cash Flow
Free Cash Flow	-228.14M	-70.00M	-77.00M	170.00M	468.00M	160.00M
Operating Cash Flow	81.94M	300.00M	184.00M	598.00M	740.00M	355.00M
Investing Cash Flow	-117.25M	-343.00M	-255.00M	-415.00M	-269.00M	-229.00M
Financing Cash Flow	26.34M	-71.00M	176.00M	-250.00M	-877.00M	214.00M

TRONOX Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 3.17
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TROX, the sentiment is Negative. The current price of 3.17 is below the 20-day moving average (MA) of 3.58, below the 50-day MA of 4.05, and below the 200-day MA of 5.45, indicating a bearish trend. The MACD of -0.21 indicates Positive momentum. The RSI at 34.04 is Neutral, neither overbought nor oversold. The STOCH value of 14.16 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TROX.

TRONOX Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
WLKP	67 Neutral	$652.05M	13.26	9.61%	9.76%	-0.82%	-20.35%
ASIX	66 Neutral	$498.76M	6.54	9.85%	3.39%	1.31%	796.76%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
LXU	61 Neutral	$587.07M	-769.81	-0.13%	―	12.49%	95.48%
HUN	52 Neutral	$1.34B	―	-10.43%	13.48%	-1.56%	-259.58%
TROX	43 Neutral	$505.69M	―	-18.65%	12.14%	-7.81%	-334.15%
BAK	40 Underperform	$1.03B	―	―	―	-3.33%	44.37%

TRONOX Corporate Events

Tronox Faces Challenges in Q3 2025, Eyes Recovery

Tronox Holdings plc is a leading global producer of titanium dioxide products and zircon, known for its integrated production model and extensive mining operations across six continents. The company recently reported its third-quarter 2025 financial results, highlighting a challenging period marked by decreased revenue and a net loss. Despite these setbacks, Tronox is implementing strategic measures to improve its financial standing.

Tronox Declares Quarterly Cash Dividend Announcement

On October 29, 2025, Tronox Holdings plc announced that its Board of Directors declared a quarterly cash dividend of $0.05 per share. This dividend is scheduled to be paid on January 6, 2026, to shareholders who are recorded by the close of business on November 10, 2025. This announcement reflects Tronox’s ongoing commitment to returning value to its shareholders and may enhance its attractiveness to investors, reinforcing its position in the titanium dioxide industry.

The most recent analyst rating on (TROX) stock is a Hold with a $3.50 price target. To see the full list of analyst forecasts on TRONOX stock, see the TROX Stock Forecast page.

Tronox Closes $400 Million Senior Secured Notes Offering

On September 26, 2025, Tronox Incorporated, a subsidiary of Tronox Holdings plc, successfully closed an offering of $400 million in senior secured notes due 2030. This financial maneuver is designed to strengthen the company’s capital structure, with the notes being guaranteed by Tronox and its restricted subsidiaries. The issuance of these notes, which are not registered under the Securities Act, provides Tronox with strategic financial flexibility, allowing for potential redemptions and adjustments based on market conditions and company performance. This move may impact Tronox’s operational strategies and its positioning within the industry, offering stakeholders insights into the company’s financial planning and risk management.

The most recent analyst rating on (TROX) stock is a Hold with a $5.00 price target. To see the full list of analyst forecasts on TRONOX stock, see the TROX Stock Forecast page.

Tronox Announces Senior Secured Notes Offering

On September 15, 2025, Tronox Incorporated, a subsidiary of Tronox Holdings plc, announced an offering of senior secured notes due in 2030. The proceeds from this offering are intended to repay existing borrowings under the company’s credit facilities and cover related fees and expenses, with any remaining funds used for general corporate purposes. The notes will be offered to qualified institutional buyers and certain offshore investors, but will not be registered under the Securities Act, limiting their sale in the United States. This move is part of Tronox’s financial strategy to manage its debt and optimize its capital structure.

The most recent analyst rating on (TROX) stock is a Buy with a $6.00 price target. To see the full list of analyst forecasts on TRONOX stock, see the TROX Stock Forecast page.

Tronox Director Julie Beck Announces Resignation

On August 15, 2025, Julie Beck, a member of the Board of Directors and Audit Committee of Tronox Holdings plc, announced her resignation effective September 30, 2025. Her departure is due to her new role as Senior Vice President, Chief Financial Officer, and Treasurer at MSA Safety Incorporated, requiring significant time commitments. Her resignation is not related to any disagreements with Tronox’s operations, policies, or practices.

The most recent analyst rating on (TROX) stock is a Buy with a $7.00 price target. To see the full list of analyst forecasts on TRONOX stock, see the TROX Stock Forecast page.