Overview Dividends

(TROX) Tronox Holdings - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: GB00BJT16S69

Titanium Dioxide, Zircon, Pig Iron, Monazite, Titanium Tetrachloride

TROX EPS (Earnings per Share)

EPS Growth (3y CAGR): -55.79%
EPS Trend (3y Corr): -55.1%

Last SUE: -1.37σ

TROX Revenue

Revenue Growth (3y CAGR): -7.10%
Revenue Trend (3y Corr): -7.3%

Last SUE: -2.40σ

Risk via 10d forecast
Volatility	73.1%
Value at Risk 5%th	112%
Relative Tail Risk	-7.22%

Reward TTM
Sharpe Ratio	-1.10
Alpha	-89.53

Character TTM
Hurst Exponent	0.431
Beta	1.857
Beta Downside	1.472

Drawdowns 3y
Max DD	83.59%
Mean DD	35.23%
Median DD	28.56%

Description: TROX Tronox Holdings October 21, 2025

Tronox Holdings plc (NYSE:TROX) is a vertically integrated producer of titanium dioxide (TiO₂) pigment, operating mines, beneficiation, and smelting facilities across the Americas, Europe, the Middle East, Africa, and Asia-Pacific. Its product portfolio includes standard TiO₂ pigment, ultrafine specialty TiO₂, zircon, high-purity pig iron, monazite, feedstock, and titanium tetrachloride, which serve end-markets such as paints, coatings, plastics, and paper. The company was incorporated in 2018 and is headquartered in Stamford, Connecticut.

Key recent metrics: • 2023 revenue was approximately $2.1 billion, with an adjusted EBITDA margin of ~13%, reflecting stable pricing in the TiO₂ market. • Production capacity stands at roughly 1.2 million metric tons of TiO₂ pigment, of which ~85% is currently utilized, indicating modest excess capacity that could absorb demand spikes. • The 2021 acquisition of Cristal expanded Tronox’s North-American footprint and added ~30% to its pigment capacity, making the firm one of the top three global TiO₂ producers. • Sector drivers include construction and automotive coating demand, which together account for about 55% of TiO₂ consumption, and tightening environmental regulations that favor higher-purity, low-VOC pigment formulations.

For a deeper quantitative dive, consider reviewing ValueRay’s detailed cost-structure and margin forecasts for TROX to gauge how these drivers may translate into future earnings.

TROX Stock Overview

Market Cap in USD	506m
Sub-Industry	Commodity Chemicals
IPO / Inception	2005-11-22
Return 12m vs S&P 500	-73.6%
Analyst Rating	4.0 of 5

TROX Dividends

Metric	Value
Dividend Yield	11.22%
Yield on Cost 5y	3.54%
Yield CAGR 5y	15.60%
Payout Consistency	89.4%
Payout Ratio	15.6%

TROX Growth Ratios

Metric	Value
CAGR 3y	-35.92%
CAGR/Max DD Calmar Ratio	-0.43
CAGR/Mean DD Pain Ratio	-1.02
Current Volume	3850.7k
Average Volume	3057.1k

Piotroski VR‑10 (Strict, 0-10) 2.0

Net Income (-250.0m TTM) > 0 and > 6% of Revenue (6% = 176.9m TTM)

FCFTA -0.01 (>2.0%) and ΔFCFTA -0.65pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 39.67% (prev 50.31%; Δ -10.63pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.03 (>3.0%) and CFO 169.0m > Net Income -250.0m (YES >=105%, WARN >=100%)

Net Debt (2.92b) to EBITDA (390.7m) ratio: 7.48 <= 3.0 (WARN <= 3.5)

Current Ratio 2.10 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (158.5m) change vs 12m ago -0.52% (target <= -2.0% for YES)

Gross Margin 14.04% (prev 14.48%; Δ -0.44pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 48.02% (prev 48.26%; Δ -0.24pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 0.58 (EBITDA TTM 390.7m / Interest Expense TTM 170.0m) >= 6 (WARN >= 3)

Altman Z'' 1.41

(A) 0.19 = (Total Current Assets 2.24b - Total Current Liabilities 1.07b) / Total Assets 6.19b

(B) 0.05 = Retained Earnings (Balance) 321.0m / Total Assets 6.19b

(D) -0.10 = Book Value of Equity -446.0m / Total Liabilities 4.51b

Total Rating: 1.41 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 37.14

1. Piotroski 2.0pt = -3.0

2. FCF Yield -1.02% = -0.51

3. FCF Margin -1.67% = -0.63

4. Debt/Equity 2.69 = -0.30

5. Debt/Ebitda 7.48 = -2.50

6. ROIC - WACC (= -0.19)% = -0.24

7. RoE -14.30% = -2.38

8. Rev. Trend -7.29% = -0.55

9. EPS Trend -55.07% = -2.75

What is the price of TROX shares?

As of November 18, 2025, the stock is trading at USD 3.12 with a total of 3,850,700 shares traded.
Over the past week, the price has changed by -13.57%, over one month by -9.79%, over three months by -22.40% and over the past year by -69.79%.

Is TROX a buy, sell or hold?

Tronox Holdings has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy TROX.

Strong Buy: 3
Buy: 2
Hold: 3
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the TROX price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	4.2	35.9%
Analysts Target Price	4.2	35.9%
ValueRay Target Price	2.5	-19.9%

TROX Fundamental Data Overview November 06, 2025

Market Cap USD = 505.7m (505.7m USD * 1.0 USD.USD)
P/E Forward = 21.8341
P/S = 0.1779
P/B = 0.391
Beta = 1.192
Revenue TTM = 2.95b USD
EBIT TTM = 98.7m USD
EBITDA TTM = 390.7m USD
Long Term Debt = 2.75b USD (from longTermDebt, last quarter)
Short Term Debt = 329.0m USD (from shortTermDebt, last quarter)
Debt = 4.43b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 2.92b USD (from netDebt column, last quarter)
Enterprise Value = 4.80b USD (505.7m + Debt 4.43b - CCE 132.0m)
Interest Coverage Ratio = 0.58 (Ebit TTM 98.7m / Interest Expense TTM 170.0m)
FCF Yield = -1.02% (FCF TTM -49.2m / Enterprise Value 4.80b)
FCF Margin = -1.67% (FCF TTM -49.2m / Revenue TTM 2.95b)
Net Margin = -8.48% (Net Income TTM -250.0m / Revenue TTM 2.95b)
Gross Margin = 14.04% ((Revenue TTM 2.95b - Cost of Revenue TTM 2.54b) / Revenue TTM)
Gross Margin QoQ = 10.81% (prev 13.41%)
Tobins Q-Ratio = 0.78 (Enterprise Value 4.80b / Total Assets 6.19b)
Interest Expense / Debt = 1.02% (Interest Expense 45.0m / Debt 4.43b)
Taxrate = 6.18% (-5.01m / -81.0m)
NOPAT = 92.6m (EBIT 98.7m * (1 - 6.18%))
Current Ratio = 2.10 (Total Current Assets 2.24b / Total Current Liabilities 1.07b)
Debt / Equity = 2.69 (Debt 4.43b / totalStockholderEquity, last quarter 1.65b)
Debt / EBITDA = 7.48 (Net Debt 2.92b / EBITDA 390.7m)
Debt / FCF = -59.37 (negative FCF - burning cash) (Net Debt 2.92b / FCF TTM -49.2m)
Total Stockholder Equity = 1.75b (last 4 quarters mean from totalStockholderEquity)
RoA = -4.04% (Net Income -250.0m / Total Assets 6.19b)
RoE = -14.30% (Net Income TTM -250.0m / Total Stockholder Equity 1.75b)
RoCE = 2.20% (EBIT 98.7m / Capital Employed (Equity 1.75b + L.T.Debt 2.75b))
RoIC = 1.98% (NOPAT 92.6m / Invested Capital 4.67b)
WACC = 2.17% (E(505.7m)/V(4.94b) * Re(12.86%) + D(4.43b)/V(4.94b) * Rd(1.02%) * (1-Tc(0.06)))
Discount Rate = 12.86% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.52%
Fair Price DCF = unknown (Cash Flow -49.2m)
EPS Correlation: -55.07 | EPS CAGR: -55.79% | SUE: -1.37 | # QB: 0
Revenue Correlation: -7.29 | Revenue CAGR: -7.10% | SUE: -2.40 | # QB: 0

Additional Sources for TROX Stock

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Fund Manager Positions: Dataroma | Stockcircle