Tronox Holdings
Financial ratios & Valuation

Forward Multiples (2025 – 2026)

20252026
Price/Earnings ratio
3.142.72
Price/Sales ratio
0.180.17
Earnings per Share (EPS)
$1.3$1.5

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
-6.38-1.42-20.29-8.57-136.57-15.652.1612.774.27-7.00-21.64-136.57
Price/Sales ratio
1.560.210.571.430.520.600.751.020.610.770.510.60
Price/Book Value ratio
1.690.451.172.941.392.131.231.830.901.140.832.13
Price/Cash Flow ratio
19.332.095.678.945.623.625.904.933.5512.035.105.10
Price/Free Cash Flow ratio
-59.2618.0713.0113.4218.036.5713.097.8012.48-28.76114.2718.03
Price/Earnings Growth ratio
-0.020.050.24-0.021.39-0.01-0.00-0.170.060.04-2.25-0.01
Dividend Yield
4.25%25.89%3.84%0.94%2.40%1.69%1.90%1.77%4.09%4.01%4.93%2.40%
Profitability Indicator Ratios
Gross Profit Margin
11.91%5.68%11.80%22.85%27.37%17.56%22.51%25.05%24.08%16.21%14.91%17.56%
Operating Profit Margin
0.86%-5.58%1.72%8.12%10.99%5.22%9.82%16.15%13.26%6.52%5.77%5.22%
Pretax Profit Margin
-8.57%-12.59%-8.26%-5.12%2.36%-3.33%4.13%10.47%8.91%1.71%0.84%-3.33%
Net Profit Margin
-24.58%-15.05%-2.81%-16.78%-0.38%-3.86%35.13%8.00%14.38%-11.08%-2.39%-3.86%
Effective Tax Rate
-179.86%-15.41%66.47%-6.89%30.23%-15.90%-772.80%18.98%-62.33%740.81%407.69%30.23%
Return on Assets
-8.43%-6.26%-1.19%-5.85%-0.15%-1.92%14.75%4.77%7.88%-5.15%-1.19%-1.92%
Return On Equity
-26.52%-31.86%-5.80%-34.37%-1.02%-13.63%57.06%14.34%21.08%-16.32%-3.87%-13.63%
Return on Capital Employed
0.31%-2.60%0.81%3.05%4.60%3.02%4.70%11.17%8.39%3.45%3.31%3.02%
Liquidity Ratios
Current Ratio
6.502.372.407.588.482.953.14N/AN/AN/A2.712.95
Quick Ratio
4.401.221.386.226.881.331.721.210.800.940.901.33
Cash ratio
3.490.410.473.203.440.410.760.270.190.360.200.41
Days of Sales Outstanding
58.2067.5750.3972.2264.0167.4172.3965.0940.4738.4245.2167.41
Days of Inventory outstanding
183.69115.43105.18131.79132.35189.53194.19142.89177.90217.19206.14132.35
Operating Cycle
241.89183.01155.58204.01196.36256.95266.59207.98218.37255.61251.35196.36
Days of Payables Outstanding
38.1629.1326.8945.9736.7457.3160.8059.7157.7769.8568.4336.74
Cash Conversion Cycle
203.72153.87128.69158.04159.61199.64205.78148.26160.60185.76182.92159.61
Debt Ratios
Debt Ratio
0.470.600.610.640.680.570.500.430.390.450.450.57
Debt Equity Ratio
1.483.083.003.794.624.071.961.291.061.451.474.07
Long-term Debt to Capitalization
0.590.740.730.790.820.790.650.560.500.580.590.79
Total Debt to Capitalization
0.590.750.750.790.820.800.660.560.510.590.590.80
Interest Coverage Ratio
0.12-0.620.210.821.260.581.53N/AN/AN/A1.040.58
Cash Flow to Debt Ratio
0.050.070.060.080.050.140.100.280.230.060.110.05
Company Equity Multiplier
3.145.084.865.866.797.073.863.002.673.163.237.07
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.080.100.100.160.090.160.120.200.170.060.100.09
Free Cash Flow / Operating Cash Flow Ratio
-0.320.110.430.660.310.550.450.630.28-0.410.040.55
Cash Flow Coverage Ratio
0.050.070.060.080.050.140.100.280.230.060.110.05
Short Term Coverage Ratio
7.831.301.2712.407.725.803.6516.816.362.966.155.80
Dividend Payout Ratio
-27.16%-36.79%-77.96%-8.07%-328.57%-26.47%4.12%22.72%17.50%-28.16%-109.45%-328.57%