TRONOX (TROX) AI Stock Analysis

• Market Cap: $596.05M
• Dividend Yield: 11.3%
• Average Volume (3M): 4.48M
• Price to Earnings (P/E): ―
• Beta (1Y): 2.12
• Revenue Growth: 0.20%
• EPS Growth: -292.54%
• Country: US
• Employees: 6,500
• Sector: Basic Materials
• Sector Strength: 66
• Industry: Chemicals
• EPS (TTM): -0.28
• Shares Outstanding: 158,524,630
• 10 Day Avg. Volume: 8,835,924
• 30 Day Avg. Volume: 4,483,009
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 6.54
• Enterprise Value/Revenue: 2.63
• Enterprise Value/Gross Profit: 16.50
• Enterprise Value/Ebitda: 15.85
• 1Y Price Target: $4.51
• Price Target Upside: 19.95% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 10

• Rating: 40 Underperform
• Price Target: $3.00 ▼(-20.21% 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 major concerns. Despite a high dividend yield, the valuation remains unattractive due to net losses. The technical analysis indicates a strong downtrend, further weighing on the stock's outlook.

Positive Factors

Analyst Upgrade

Analyst upgrades Tronox to Overweight from Neutral, reflecting a belief in the company's potential for growth and recovery.

Tariff Benefits

Tronox is expected to benefit from tariffs placed on Chinese titanium dioxide exports, potentially leading to market share gains and price improvements.

Negative Factors

Demand Environment

The demand environment remains challenged owing to weak US housing, soft China construction markets, and listless demand in Europe.

Dividend Risk

The high leverage also puts the dividend at risk.

Earnings and Cash Flow Risk

High costs are moving more slowly through TROX's P&L, increasing risk to future earnings and cash flows.

TRONOX Business Overview & Revenue Model

Company Description

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; 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.

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 with declining revenues, negative profitability, and high leverage. However, positive operating cash flow provides some relief. Overall, financial health requires strategic improvements.

Income Statement

TRONOX's income statement reveals a challenging financial environment. The TTM (Trailing-Twelve-Months) shows a negative net income, indicating profitability issues. Gross profit margin stands at 15.74%, and net profit margin is negative, reflecting cost pressures and inefficiencies. Revenue has decreased from the previous year, highlighting growth challenges. EBIT and EBITDA margins are also under pressure, indicating operational difficulties.

Balance Sheet

The balance sheet shows a high debt-to-equity ratio of 1.85, indicating significant leverage. Return on equity is negative due to net losses, which is concerning for shareholders. The equity ratio is 27.59%, suggesting moderate financial stability. The company needs to manage its debt levels carefully to avoid financial strain.

Cash Flow

Cash flow analysis shows a negative free cash flow, indicating potential liquidity issues. The operating cash flow to net income ratio is negative due to net losses, and free cash flow to net income ratio is also negative. These metrics highlight cash management challenges, although operating cash flow remains positive, providing some relief.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.48B	3.07B	2.85B	3.45B	3.57B	2.76B
Gross Profit	236.18M	515.00M	462.00M	832.00M	895.00M	621.00M
EBITDA	245.87M	525.00M	473.00M	714.00M	840.00M	619.00M
Net Income	-55.18M	-48.00M	-316.00M	497.00M	286.00M	969.00M
Balance Sheet
Total Assets	6.19M	6.04B	6.13B	6.31B	5.99B	6.57B
Cash, Cash Equivalents and Short-Term Investments	132.00K	151.00M	273.00M	164.00M	228.00M	619.00M
Total Debt	443.00K	2.99B	2.95B	2.67B	2.66B	3.40B
Total Liabilities	4.51M	4.25B	4.15B	3.90B	3.94B	4.70B
Stockholders Equity	1.65M	1.76B	1.94B	2.36B	1.99B	1.70B
Cash Flow
Free Cash Flow	-49.20M	-70.00M	-77.00M	170.00M	468.00M	160.00M
Operating Cash Flow	169.00M	300.00M	184.00M	598.00M	740.00M	355.00M
Investing Cash Flow	-207.18M	-343.00M	-255.00M	-415.00M	-269.00M	-229.00M
Financing Cash Flow	-7.84M	-71.00M	176.00M	-250.00M	-877.00M	214.00M

TRONOX Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 3.76
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

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 3.76 is below the 20-day moving average (MA) of 4.30, below the 50-day MA of 5.01, and below the 200-day MA of 7.33, indicating a bearish trend. The MACD of -0.52 indicates Positive momentum. The RSI at 41.09 is Neutral, neither overbought nor oversold. The STOCH value of 68.64 is Neutral, 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	70 Outperform	$772.78M	14.68	10.28%	8.60%	-7.24%	-7.30%
ASIX	63 Neutral	$528.56M	6.94	9.85%	3.25%	1.31%	796.76%
Sector *	58 Neutral	HK$18.21B	5.33	-7.29%	3.72%	-4.08%	-48.58%
DOW	54 Neutral	$16.57B	75.91	-5.59%	11.98%	-2.82%	-186.41%
HUN	50 Neutral	$1.77B	―	-10.43%	9.82%	-1.56%	-259.58%
CE	45 Neutral	$4.67B	6.84	-25.69%	1.85%	-5.83%	-183.85%
TROX	40 Underperform	$596.05M	―	-14.11%	11.30%	0.20%	-292.54%

TRONOX Corporate Events

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.