Tronox Holdings PLC (TROX) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Tronox Holdings PLC stock $5.05, price $2.51, upside +101.2%, quality 27 out of 100. Rating: strongly undervalued. Calculated from audited financials with one of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 7, 2026.
How to read this chart
60‑month range $2.51 – $21.45 · fair‑value band $3.77 – $7.54 · the $2.51 price screens below the $5.05 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Nov 7, 2026.
Follow Tronox Holdings in your weekly email
Every Wednesday you see whether Tronox Holdings is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
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.
Show moreShow less
It offers TiO2 pigment; ultrafine specialty TiO2; zircon; high purity pig iron; monazite; feedstock; and titanium tetrachloride 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 was incorporated in 2018 and is based in Stamford, Connecticut.
Stock analysis
Tronox Holdings PLC (TROX) currently trades at $2.51, while our model-based Fair Value estimate is $5.05, implying the stock looks roughly 50% undervalued today.
Show more
Valuation
How firm this estimate is: it rests on 1 models at a data quality of 95/100, which puts the data coverage at low.
Scenario range: $3.77 (bear) to $7.54 (bull), the price of $2.51 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 27/100 (below-average quality), in the Basic Materials sector.
Weak Growth: Growth has flattened: the last year, three and five years all grew more slowly than the long-term average.
Tronox Holdings PLC reported revenue of $2.9B in FY2025 versus $3.6B in FY2021, a compound −5.2%/yr. Reported net income was −$470M in FY2025.
Key figures
Market cap $401M Small · P/S ratio 0.13 · EPS (TTM) $−3.47 · Dividend yield 8.0% · Net margin −17.1% · Return on equity −40.0% · Return on assets (EBIT) 4.6% (5-year average) · Operating margin 1.5%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 13 out of 100 (low confidence).
What moves the price
The share trades about 76% below its 52-week high and at its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −25% fair-value upside, at 101%, TROX screens cheaper than that median.
Fair Value models
Bear$3.77Fair Value $5.05Bull$7.54
Price $2.51 · Upside +101.2%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
In the last 6 months, no officer or director bought or sold shares on the open market.
SaleJonathan FloodPrincipal Accounting Officer15,008 shares at $7.03$105,543Mar 6, 2026
SaleJeffrey A. EngleSVP, Chief Commercial Officer14,575 shares at $6.60$96,195Mar 6, 2026
SaleJeffrey N NeumanSVP, General Counsel & Sec.22,965 shares at $6.59$151,339Mar 6, 2026
SaleJean Francois TurgeonDirector18,563 shares at $6.60$122,516Mar 6, 2026
SaleJohn SrivisalSVP, Chief Financial Officer19,461 shares at $6.59$128,248Mar 6, 2026
SaleJohn D RomanoCEO and Director, Director101,600 shares at $6.59$669,544Mar 6, 2026
Plus 2 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.7/100
Growth has flattened: the last year, three and five years all grew more slowly than the long-term average.
Revenue growth 1 year
−6.1%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−5.8%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+0.9%
Start year 2020 (pandemic). Over 10 years: +3.2% a year
Revenue growth 24 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+4.4%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
9.8% (2020) → −1.0% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
News mood ⓘNews mood, the average tone of recent news (85 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Neutral
Recent news coverage is roughly neutral, about typical for how stocks are covered.
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Chemicals · 336 stocks
Beats the industry median on 5/11 measures
A mixed picture versus its industry peers.
Valuation
Quality Score27 · Bottom 25%
Fair Value upside+101.2% · Top 25%
Profitability
Return on assets−7.6% · Bottom 25%
Net margin (12 months)−17.1% · Bottom 25%
Operating margin (12 months)1.5% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)18.3% · Above median
Dividend yield (12 months)8.0% · Top 25%
Balance sheet
Debt / equity2.21× · Highest 25%
Valuation Multiplesvs Chemicals median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Is Tronox Holdings PLC (TROX) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of $5.05 versus a price of $2.51, about +101% upside (undervalued).
What is the fair value of TROX?
Our model-based fair value for Tronox Holdings PLC is $5.05 (as of Nov 7, 2026), built from audited fundamentals. The current price: $2.51.
What is the quality score of TROX?
Tronox Holdings PLC has a Quality Score of 27/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Tronox Holdings PLC (TROX)?
Our model-based price target is the fair value of $5.05 (as of Nov 7, 2026) from 1 valuation models. Cautious scenario $3.77, optimistic scenario $7.54. It is a calculation from audited fundamentals, not an analyst target.
What is the Tronox Holdings PLC stock forecast for 2026?
Our models put fair value at $5.05, about +101% upside versus a price of $2.51 (undervalued). Cautious scenario $3.77, optimistic scenario $7.54. The calculation is refreshed regularly with new filings.
What is the revenue of Tronox Holdings PLC (TROX)?
Tronox Holdings PLC reported trailing-twelve-month revenue of about $3.2B (latest available figure, as of Nov 7, 2026).
Does Tronox Holdings PLC pay a dividend?
Tronox Holdings PLC currently shows a dividend yield of 7.97% relative to its recent price (as of Nov 7, 2026).
How much is the dividend of Tronox Holdings PLC (TROX) and when is the ex-dividend date?
Tronox Holdings PLC pays a dividend of $0.2 per share a year, a dividend yield of 8.0%. The next ex-dividend date is Nov 16, 2026. A dividend has been paid every year since at least 2012. Our assessment: Watch coverage. The dividend isn’t fully covered by free cash flow or earnings, part of it is funded from reserves or debt. Fine for now, but worth watching: if it stays uncovered, the dividend could be cut.
What is the intrinsic value of Tronox Holdings PLC (TROX)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Tronox Holdings PLC it is $5.05 per share (as of Nov 7, 2026), against a price of $2.51. It is the blended result of 1 valuation models in 1 family (Asset-Based).
Is Tronox Holdings PLC stock overvalued or undervalued in 2026?
As of Nov 7, 2026, TROX trades below its calculated fair value: price $2.51, fair value $5.05, a gap of about +101% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of TROX?
No. The price is what the market pays today ($2.51); the fair value is what the company's own numbers justify ($5.05). For Tronox Holdings PLC the two are $2.54 per share apart. That gap is exactly why we show both numbers side by side.
How much is Tronox Holdings PLC worth?
The market values Tronox Holdings PLC at about $401M (market capitalisation, as of Nov 7, 2026). Per share that is $2.51; our models calculate a fair value of $5.05 per share.
What do the bullish and bearish scenarios say about TROX?
Our models span a range for Tronox Holdings PLC: cautious scenario $3.77, base $5.05, optimistic $7.54 per share (as of Nov 7, 2026, price $2.51). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Tronox Holdings PLC (TROX)?
Balance-sheet figures for Tronox Holdings PLC (as of Nov 7, 2026): return on equity −40.0%, debt of 2.21 per unit of equity. They feed the Quality Score of 27/100, which measures business quality independently of the share price.
How far is TROX from its 52-week high?
Tronox Holdings PLC trades at $2.51, about 76% below its 52-week high of $10.42 and at the low of $2.51 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of $5.05 is for.
Which stocks are comparable to Tronox Holdings PLC?
From the same area (Basic Materials) we also value BASF SE, Saudi Basic Industries Corporation, Dow Inc, Ningxia Baofeng Energy Group, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Tronox Holdings PLC stock attractive at the current price?
The data as of Nov 7, 2026: price $2.51, calculated fair value $5.05 (+101%), Quality Score 27/100, from 1 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of TROX calculated?
We run Tronox Holdings PLC through 1 models from 1 family: Asset-Based. Every model gets the same audited fundamentals; the fair value of $5.05 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0% above its aggregate fair value. Tronox Holdings PLC currently trades 50% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Tronox Holdings PLC (TROX)?
The closing price on Nov 6, 2026 was $2.51. Our model-based fair value is $5.05, about +101% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Tronox Holdings PLC right now?
The large discount to fair value meets weak quality (27/100). That raises the risk this is a value trap rather than a bargain. The price is below even our cautious bear case ($3.77). The market is more pessimistic than our downside scenario. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. A fairly wide model range ($3.77 to $7.54) leaves room in how you read the outcome.
Key figures of Tronox Holdings PLC
How large is the market capitalisation of Tronox Holdings PLC (TROX)?
The market capitalisation of Tronox Holdings PLC is $401M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Tronox Holdings PLC (TROX)?
The price-to-sales ratio of Tronox Holdings PLC is 0.13 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Tronox Holdings PLC (TROX)?
Earnings per share at Tronox Holdings PLC are $−3.47. Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Tronox Holdings PLC (TROX)?
The dividend yield of Tronox Holdings PLC is 8.0%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Tronox Holdings PLC (TROX)?
The net margin of Tronox Holdings PLC is −17.1% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Tronox Holdings PLC (TROX)?
The return on equity (ROE) of Tronox Holdings PLC is −40.0% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Tronox Holdings PLC (TROX)?
On an EBIT basis the return on assets of Tronox Holdings PLC is 4.6% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Tronox Holdings PLC (TROX)?
The operating margin of Tronox Holdings PLC is 1.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Tronox Holdings PLC (TROX)?
Revenue at Tronox Holdings PLC is growing +18.3% versus a year earlier (3y avg −5.8%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Tronox Holdings PLC (TROX)?
Earnings per share at Tronox Holdings PLC are growing +48.2% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Tronox Holdings PLC (TROX) generate?
The free cash flow of Tronox Holdings PLC is −$281K (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Tronox Holdings PLC (TROX) carry?
The net debt of Tronox Holdings PLC is $3.4B (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Tronox Holdings PLC in the live analysis
One click puts Tronox Holdings PLC on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Thin data
Nov 7, 2026