TROX (Tronox Holdings) ROCE %: -3.90% (As of Mar. 2026)

What is Tronox Holdings ROCE %?

Tronox Holdings TROX -0.15% 60 ROCE % is -3.90% as of Mar. 2026. GuruFocus rates TROX with a GF Score™ of 60/100 and a GF Value™ of $10.64 (Possible Value Trap). The stock has 8 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Tronox Holdings's annualized ROCE % for the quarter that ended in Mar. 2026 was -3.90%.

Tronox Holdings (NYSE:TROX) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Tronox Holdings ROCE % Related Terms

Tronox Holdings ROCE % Historical Data

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The historical data trend for Tronox Holdings's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Tronox Holdings ROCE % Chart

Tronox Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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9.52

8.00

3.65

4.36

-5.14

Tronox Holdings Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
ROCE %	Get a 7-Day Free Trial															-4.98	-2.82	-3.33	-9.30	-3.90

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Tronox Holdings PLC TROX

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Tronox Holdings ROCE % Calculation

Tronox Holdings's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2025 )		(A: Dec. 2024 )		(A: Dec. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2025 )		(A: Dec. 2024 )		(A: Dec. 2025 )
	=	-269	/	( ( (6038 - 874)	+	(6217 - 919) )	/ 2 )
	=	-269	/	( (5164	+	5298)	/ 2 )
	=	-269	/	5231
	=	-5.14 %

Tronox Holdings's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2026 )		(Q: Dec. 2025 )		(Q: Mar. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2026 )		(Q: Dec. 2025 )		(Q: Mar. 2026 )
	=	-204	/	( ( (6217 - 919)	+	(6057 - 895) )	/ 2 )
	=	-204	/	( ( 5298	+	5162 )	/ 2 )
	=	-204	/	5230
	=	-3.90 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of -3.90% mean?

Tronox Holdings (TROX) has a ROCE % of -3.90% as of Mar. 2026.

Is Tronox Holdings' ROCE % too high?

Tronox Holdings' current ROCE % is -3.90%. Overall, Tronox Holdings has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.

How does Tronox Holdings' ROCE % compare to GPRE and REX?

Tronox Holdings' ROCE % of -3.90% can be compared against companies in the Chemicals industry. The industry median ROCE % is 6.45. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good ROCE % for a Chemicals company?

The median ROCE % among Chemicals companies is 6.45, based on 1,594 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high ROCE % mean?

A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Chemicals industry, the median ROCE % is 6.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tronox Holdings's current ROCE % is -3.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Tronox Holdings stock overvalued right now?

Based on GuruFocus' analysis, Tronox Holdings (TROX) is currently considered Possible Value Trap. The stock's GF Value™ is $10.64, compared to a current price of $6.84 — trading 35.7% below its estimated fair value. The current ROCE % is -3.90%. Tronox Holdings' overall GF Score™ is 60/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is ROCE % calculated?

ROCE % is calculated from a company's financial statements. For Tronox Holdings (TROX), the current ROCE % is -3.90% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tronox Holdings (TROX) Overvalued in 2026?

Based on GuruFocus' analysis, Tronox Holdings stock appears to be undervalued. The current stock price of $6.84 is trading 35.7% below its estimated GF Value™ of $10.64. GuruFocus considers Tronox Holdings to be Possible Value Trap.

Key valuation signals for TROX:

ROCE %: -3.90%
GF Value™: $10.64 vs. price of $6.84 (35.7% below fair value)
GF Score™: 60/100 with 8 warning signs

No single metric tells the full story. See the TROX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Tronox Holdings Business Description

Industry Basic Materials Chemicals

Comparable Companies GPRE REX ASPI LXU WLKP RYAM ASIX VHI ACNT BLGO TSE:4063 XTER:BAS SAU:2010 SHSE:600989 DOW TSE:4004 SZSE:002460 XKRX:051910 SZSE:000408 SHSE:600346

Other Exchanges T5X:Germany

Address 263 Tresser Boulevard, Suite 1100, Stamford, CT, USA, 06901

Website https://www.tronox.com

Tronox Holdings PLC is a vertically integrated manufacturer of TiO2 pigment. It operates titanium-bearing mineral sand mines and beneficiation and smelting operations in Australia & South Africa to produce feedstock materials that can be processed into TiO2 for pigment, high-purity titanium chemicals, including titanium tetrachloride, and ultrafine TiO2 used in certain specialty applications. TiO2 and titanium feedstock, are used to produce paints and coatings, as well as plastics, paper, and printing ink. It has three pigment production facilities in the United States, the Netherlands, and Western Australia and three mining operations in Western Australia and South Africa. Europe, the Middle East, and Africa regions contribute the majority of revenue.

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$6.84

Price

$10.64

GF Value

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