Kronos Worldwide Stock Fair Value – KRONOS WORLDWIDE Reports Strong Second Quarter Earnings for FY2023

August 7, 2023

☀️Earnings Overview

KRONOS ($NYSE:KRO):

Price History

On Wednesday, KRONOS WORLDWIDE announced strong second quarter earnings for FY2023. The company’s stock opened at $9.3 and closed at $9.2, representing a 2.0% decrease from its prior closing price of $9.4. Despite the slight dip, investors responded positively to the news, suggesting that KRONOS WORLDWIDE is well-positioned for success in the coming fiscal year. These figures represent a significant jump in performance for KRONOS WORLDWIDE, and demonstrate the company’s ability to weather challenging economic conditions.

Overall, KRONOS WORLDWIDE’s strong second quarter earnings are a solid indicator of the company’s future success. With the right strategies in place, investors can reasonably expect further growth from the brand in the coming months. Live Quote…

About the Company

  • Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
  • News Feed
  • Income Snapshot

    Below shows the total revenue, net income and net margin for Kronos Worldwide. More…

    Total Revenues Net Income Net Margin
    1.67k -22.3 -1.5%
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

    Below shows the cash from operations, investing and financing for Kronos Worldwide. More…

    Operations Investing Financing
    -44.2 -66.6 -93.3
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • Balance Sheet Snapshot

    Below shows the total assets, liabilities and book value per share for Kronos Worldwide. More…

    Total Assets Total Liabilities Book Value Per Share
    1.78k 902.3 7.62
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • Key Ratios Snapshot

    Some of the financial key ratios for Kronos Worldwide are shown below. More…

    3Y Rev Growth 3Y Operating Profit Growth Operating Margin
    1.1% 0.9% -1.2%
    FCF Margin ROE ROA
    -6.6% -1.4% -0.7%
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Cash Flow Ratios
  • Valuation Ratios
  • Other Ratios
  • Other Supplementary Items
  • Analysis – Kronos Worldwide Stock Fair Value

    At GoodWhale, we analyzed the financials of KRONOS WORLDWIDE to determine their fair value. Our proprietary Valuation Line placed the fair value of a KRONOS WORLDWIDE share at around $12.9. However, the stock is currently being traded at $9.2, which implies that it is undervalued by 28.9%. This presents a great opportunity for investors to purchase KRONOS WORLDWIDE shares at a significant discount. More…

  • Risk Rating Analysis
  • Star Chart Analysis
  • Valuation Analysis




  • Peers

    Kronos Worldwide Inc is one of the largest producers of titanium dioxide. The company operates in North America, Europe, and Asia. Kronos Worldwide Inc’s competitors include Toyo Ink SC Holdings Co Ltd, Toyobo Co Ltd, and Ester Industries Ltd.

    – Toyo Ink SC Holdings Co Ltd ($TSE:4634)

    Toyo Ink SC Holdings Co Ltd is a Japanese chemical company with a market cap of 100.56B as of 2022. The company has a Return on Equity of 4.78%. Toyo Ink SC Holdings Co Ltd produces a wide range of chemicals, including inks, pigments, and resins. The company has a strong presence in Asia, and its products are used in a variety of industries, including printing, packaging, and electronics.

    – Toyobo Co Ltd ($TSE:3101)

    Toyobo Co Ltd is a Japanese company that produces and sells textile products, chemicals, and other materials. The company has a market cap of 92.72B as of 2022 and a return on equity of 6.26%. Toyobo Co Ltd is a diversified company with a wide range of products and services. The company has a strong presence in Asia and is expanding its operations into other regions.

    – Ester Industries Ltd ($BSE:500136)

    Ester Industries Ltd is a publicly traded company with a market capitalization of 13.48 billion as of 2022. The company has a return on equity of 23.07% and is engaged in the manufacture and sale of chemicals and chemical products. Founded in 1954, the company is headquartered in Mumbai, India.

    Summary

    Investors should be cautious about investing in KRONOS WORLDWIDE based on their most recent quarter results. The company reported a total revenue decrease of 21.6%, with a net income of -8.2 million, contrasting significantly with last year’s 45.9 million. With a downward trend in their financials, investors should consider the current risks before investing in the company. They should also determine if the company is able to turn the situation around by taking appropriate measures to increase their profits.

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