# Tronox Holdings plc Ordinary Shares (UK) (TROX) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Basic Materials / Chemicals. Price $4.81, market value $768 million.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Tronox Holdings plc Ordinary Shares (UK) reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 0.3×**. Each dollar of revenue is priced at 0.3×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 0.7×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **EV / EBITDA: 6.8×**. Enterprise value is 6.8× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: -20.7%** (5-yr avg -5.5%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.

## Profitability
- **Gross margin: 6.2%**. Tronox Holdings plc Ordinary Shares (UK) keeps 6.2% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: -7.2%**. Operating margin is negative: the business loses money before interest and tax.
- **Net margin: -16.2%**. The company reported a net loss over the last twelve months.
- **Return on equity: -33.1%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: -13.8%**. Return on all capital, debt included, is -13.8%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -8.8%**. Each dollar of assets produces -8.8% of profit.

## Growth
- **Revenue growth (1 yr): -5.7%** (3-yr -5.7%/yr, 5-yr 1.0%/yr). Revenue fell 5.7% over the last year, against 1.0% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -858.1%**. Earnings per share fell 858.1%, slower than revenue, so margins compressed.

## Financial health
- **Debt to equity: 0.03**. Debt is 0.03 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. Tronox Holdings plc Ordinary Shares (UK) holds more cash than debt.
- **Altman Z-score: 0.75**. A Z-score of 0.75 is in the distress zone, a signal to examine the balance sheet closely.
- **Piotroski F-score: 2/9**. 2 of 9 checks pass: weak or deteriorating financials.

## Dividends
- **Dividend yield: 4.16%** ($0.20 per share, trailing). Tronox Holdings plc Ordinary Shares (UK) yields 4.16%, an income-level yield.
- **Dividend growth (5 yr): 4.6%/yr** (1-yr -30.0%). The dividend has grown 4.6% a year over five years.

## Analyst view
- **Analyst consensus: hold** (8 analysts). 8 analysts cover Tronox Holdings plc Ordinary Shares (UK); the consensus is hold, with an average price target of $6.81 (+42% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 18.3%** (YTD 16.9%, 3-mo -34.5%). The shares are up 18.3% over twelve months including dividends.
- **From 52-week high: -54.6%** (68.2% above the low). Trading 55% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 31**. An RSI of 31 is neutral.
- **Beta (1 yr): 2.11** (volatility 79%). Beta of 2.11 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=TROX · Page: https://foliofundamentals.com/stocks/trox

Not investment advice.