Kronos Worldwide Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 18.04
Dividend & Yield0.76$ (6.66%)
Beta 1.1
Market capitalization 1.36B
Operating cash flow 139.6M
ESG Scores unknown

Company description

Kronos Worldwide, Inc. produces and markets titanium dioxide pigments (TiO2) in Europe, North America, the Asia Pacific, and internationally. The company produces TiO2 in two crystalline forms, rutile and anatase to impart whiteness, brightness, opacity, and durability for various products, including paints, coatings, plastics, paper, fibers, and ceramics, as well as for various specialty products, such as inks, foods, and cosmetics. It also produces ilmenite, a raw material used directly as a feedstock by sulfate-process TiO2 plants; iron-based chemicals, which are used as treatment and conditioning agents for industrial effluents and municipal wastewater, as well as in the manufacture of iron pigments, cement, and agricultural products; specialty chemicals for use in the formulation of pearlescent pigments, and production of electroceramic capacitors for cell phones and other electronic devices, as well as for use in pearlescent pigments, natural gas pipe, and other specialty applications. In addition, the company provides technical services for its products. It sells its products under the KRONOS brand through agents and distributors to paint, plastics, decorative laminate, and paper manufacturers. The company was founded in 1916 and is headquartered in Dallas, Texas. Kronos Worldwide, Inc. operates as a subsidiary of Valhi, Inc.

Sector: Basic Materials - Industry: Specialty Chemicals

Financial Ratios
Quick Ratio2.86
Working Capital0.12
Return On Equity0.13
Debt To Equity0.52
Fixed Asset Ratio0.52
Fixed Interest Cover8.62

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 16.4M 24.6M -33.2M 47.2M
Total Cashflows From Investing Activities -42.7M -52.5M -61.3M -58.6M
Net Borrowings -1.5M -1.5M -1.1M -1.4M
Total Cash From Financing Activities -80.4M -87.9M -85.3M -86.7M
Change To Operating Activities 10.8M -200k -9.7M -45.9M
Issuance Of Stock
Net Income 205M 87.1M 63.9M 112.9M
Change In Cash 51M 17.6M -30.3M 50.6M
Effect Of Exchange Rate -14.4M -2.3M 13.8M -10.6M
Total Cash From Operating Activities 188.5M 160.3M 102.5M 206.5M
Depreciation 49.7M 54.9M 64.6M 57.9M
Change To Account Receivables 8.7M -6.8M -4.7M -58.6M
Other Cashflows From Financing Activities -100k -1.9M -1.9M -1.9M
Change To Netincome 49.8M 10.9M 1.7M 28.8M
Capital Expenditures -56.3M -55.1M -62.8M -58.6M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 293.8M 121.1M 80M 153.4M
Net Income 205M 87.1M 63.9M 112.9M
Selling General Administrative 257.8M 258.5M 251.8M 280.4M
Gross Profit 562.2M 386.2M 351.2M 446.2M
Ebit 305.2M 128.6M 100.8M 169M
Operating Income 305.2M 128.6M 100.8M 169M
Interest Expense -19.5M -18.7M -19M -19.6M
Income Tax Expense 88.8M 34M 16.1M 40.5M
Total Revenue 1.66B 1.73B 1.64B 1.94B
Cost Of Revenue 1.1B 1.34B 1.29B 1.49B
Total Other Income ExpenseNet -11.4M -7.5M -20.8M -15.6M
Net Income From Continuing Ops 205M 87.1M 63.9M 112.9M
Net Income Applicable To Common Shares 205M 87.1M 63.9M 112.9M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 1.06B 1.15B 1.24B 1.14B
Total Stockholder Equity 839.8M 816.1M 796.5M 870.2M
Other Current Liabilities 54.4M 55.8M 65.6M 65.2M
Total Assets 1.9B 1.97B 2.04B 2.01B
Common Stock 1.2M 1.2M 1.2M 1.2M
Other Current Assets 1.4M 1.5M 2M 2.1M
Retained Earnings -136.2M -132.5M -151.8M -122.1M
Treasury Stock -424.3M -448.8M -448.2M -404.3M
Cash 373.3M 390.8M 355.3M 406M
Total Current Liabilities 233.4M 270.6M 260.2M 288.8M
Other Stockholder Equity -424.3M -448.8M -448.2M -404.1M
Property, Plant, and Equipment 486.4M 519.6M 550.7M 523.3M
Total Current Assets 1.2B 1.22B 1.22B 1.26B
Net Tangible Assets 839.8M 816.1M 796.5M 870.2M
Net Receivables 312.5M 309.4M 323M 379.1M
Accounts Payable 119.9M 153.6M 130.3M 160.9M


Insider Transactions

Here are the insider transactions of stock shares related to Kronos Worldwide Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
SAMFORD AMY APurchase at price 9.71 per share.D2022-12-06Officer2k
STAFFORD THOMAS PStock Award(Grant) at price 0.00 per share.D2022-05-18Director1.2k
TURNER R GERALDStock Award(Grant) at price 0.00 per share.D2022-05-18Director1.2k
MOORE CECIL H JRStock Award(Grant) at price 0.00 per share.D2022-05-18Director1.2k
HARPER JOHN EStock Award(Grant) at price 0.00 per share.D2022-05-18Director1.2k
GOUVEIA RANDALL COLINStock Award(Grant) at price 0.00 per share.D2022-05-18Director1.2k
FEEHAN LORETTA J.Stock Award(Grant) at price 0.00 per share.D2022-05-18Director1.2k
MENDES MEREDITH WISEStock Award(Grant) at price 0.00 per share.D2022-05-18Director1.2k
HANLEY BRYAN APurchase at price 12.84 per share.D2021-09-02Officer and Treasurer500
STAFFORD THOMAS PStock Award(Grant) at price 0.00 per share.D2021-05-19Director1.2k
TURNER R GERALDStock Award(Grant) at price 0.00 per share.D2021-05-19Director1.2k
MOORE CECIL H JRStock Award(Grant) at price 0.00 per share.D2021-05-19Director1.2k
HARPER JOHN EStock Award(Grant) at price 0.00 per share.D2021-05-19Director1.2k
FEEHAN LORETTA J.Stock Award(Grant) at price 0.00 per share.D2021-05-19Director1.2k
MENDES MEREDITH WISEStock Award(Grant) at price 0.00 per share.D2021-05-19Director1.2k
NACE ANDREW BPurchase at price 14.60 per share.D2021-03-15Officer750
STAFFORD THOMAS PStock Award(Grant) at price 0.00 per share.D2020-05-20Director2.2k
STAFFORD THOMAS PStock Award(Grant) at price 0.00 per share.D2020-05-20Director2.25k
TURNER R GERALDStock Award(Grant) at price 0.00 per share.D2020-05-20Director2.2k
TURNER R GERALDStock Award(Grant) at price 0.00 per share.D2020-05-20Director2.25k
MOORE CECIL H JRStock Award(Grant) at price 0.00 per share.D2020-05-20Director2.2k
MOORE CECIL H JRStock Award(Grant) at price 0.00 per share.D2020-05-20Director2.25k
HARPER JOHN EStock Award(Grant) at price 0.00 per share.D2020-05-20Director2.2k
HARPER JOHN EStock Award(Grant) at price 0.00 per share.D2020-05-20Director2.25k
FEEHAN LORETTA J.Stock Award(Grant) at price 0.00 per share.D2020-05-20Director2.2k
FEEHAN LORETTA J.Stock Award(Grant) at price 0.00 per share.D2020-05-20Director2.25k
MENDES MEREDITH WISEStock Award(Grant) at price 0.00 per share.D2020-05-20Director2.2k
MENDES MEREDITH WISEStock Award(Grant) at price 0.00 per share.D2020-05-20Director2.25k
GRAHAM ROBERT DPurchase at price 7.40 - 7.45 per share.D2020-03-13Officer and Director5k
HANLEY BRYAN APurchase at price 7.56 per share.D2020-03-13Officer and Treasurer1k
FEEHAN LORETTA J.Purchase at price 10.16 per share.D2019-08-27Director2k
NACE ANDREW BPurchase at price 9.97 per share.D2019-08-26Officer1.5k
MOORE CECIL H JRPurchase at price 10.50 per share.D2019-08-12Director2k
GRAHAM ROBERT DPurchase at price 10.75 per share.D2019-08-09Chief Executive Officer5k
NACE ANDREW BPurchase at price 11.20 - 11.22 per share.D2019-08-09Officer6k
STAFFORD THOMAS PStock Award(Grant) at price 0.00 per share.D2019-05-15Director1.5k
TURNER R GERALDStock Award(Grant) at price 0.00 per share.D2019-05-15Director1.5k
MOORE CECIL H JRStock Award(Grant) at price 0.00 per share.D2019-05-15Director1.5k
HARPER JOHN EStock Award(Grant) at price 0.00 per share.D2019-05-15Director1.5k
FEEHAN LORETTA J.Stock Award(Grant) at price 0.00 per share.D2019-05-15Director1.5k
MENDES MEREDITH WISEStock Award(Grant) at price 0.00 per share.D2019-05-15Director1.5k
MOORE CECIL H JRStock Gift at price 0.00 per share.D2019-04-03Director1k
NACE ANDREW BPurchase at price 11.54 - 17.51 per share.D2018-12-11Officer11
GRAHAM ROBERT DPurchase at price 12.50 per share.D2018-11-23Officer and Director10k
COOGAN KEITH ROGERStock Award(Grant) at price 0.00 per share.D2018-05-16Director800
STAFFORD THOMAS PStock Award(Grant) at price 0.00 per share.D2018-05-16Director800
TURNER R GERALDStock Award(Grant) at price 0.00 per share.D2018-05-16Director800
MOORE CECIL H JRStock Award(Grant) at price 0.00 per share.D2018-05-16Director800
HARPER JOHN EStock Award(Grant) at price 0.00 per share.D2018-05-16Director800
FEEHAN LORETTA J.Stock Award(Grant) at price 0.00 per share.D2018-05-16Director800
MENDES MEREDITH WISEStock Award(Grant) at price 0.00 per share.D2018-05-16Director800

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Kronos Worldwide Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Kronos Worldwide Inc

Here is the result of two systematic investment strategies applied to Kronos Worldwide Inc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Kronos Worldwide Inc

The following chart shows the equity curve of the two systematic investment strategies applied to Kronos Worldwide Inc:

Kronos Worldwide Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -11.74% on the backtest period.

Performance at glance

Performance

-11.74 %

Latent gain

-266.16 $

Invested capital

2267.39 $

Annualized return

-2.84 %
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Momentum strategy results on Kronos Worldwide Inc

This is the result of two momentum investment strategies applied to Kronos Worldwide Inc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Kronos Worldwide Inc

The following chart shows all the entries opened by the momentum investment system on Kronos Worldwide Inc:

Kronos Worldwide Inc momentum entries
  • The first momentum investment strategy would give -3.5% of return on Kronos Worldwide Inc. That represents -123.04$ of latent gain with 3516.43$ of employed capital.
  • The second momentum investment strategy would give -9.75% of return on Kronos Worldwide Inc. That represents -243.02$ of latent gain with 2492.85$ of employed capital.
Performance at glance (1Q Momentum)

Performance

-3.5 %

Latent gain

-123.04 $

Invested capital

3516.43 $

Annualized return

11.41 %
Performance at glance (2Q Momentum)

Performance

-9.75 %

Latent gain

-243.02 $

Invested capital

2492.85 $

Annualized return

-2.66 %

Momentum equity curve on Kronos Worldwide Inc

The following chart shows the equity curve of the two momentum strategies applied to Kronos Worldwide Inc:

Kronos Worldwide Inc momentum equity

Note: the dividends potentially given by Kronos Worldwide Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Kronos Worldwide Inc

The following chart shows the employed capital evolution of the two momentum strategies on Kronos Worldwide Inc since the beginning:

Kronos Worldwide Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Kronos Worldwide Inc

Buy the dip entry openings on Kronos Worldwide Inc

Kronos Worldwide Inc

The performance achieved by the robo-advisor on Kronos Worldwide Inc is 24.42%. That represents 61.0$ of latent gain with 249.75$ of employed capital. The following chart shows Kronos Worldwide Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Kronos Worldwide Inc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

24.42 %

Latent gain

61.0 $

Invested capital

249.75 $

Annualized return

11.41 %

Equity curve of the strategy applied to Kronos Worldwide Inc

The following chart shows the result of the investment strategy applied to Kronos Worldwide Inc:

Kronos Worldwide Inc

Note: the dividends potentially given by Kronos Worldwide Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Kronos Worldwide Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on Kronos Worldwide Inc:

Kronos Worldwide Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Kronos Worldwide Inc

In this section, I will compare the three previous investment strategies applied to Kronos Worldwide Inc.

Equity curve comparison on Kronos Worldwide Inc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Kronos Worldwide Inc investment strategy comparison

Employed capital comparison on Kronos Worldwide Inc

Kronos Worldwide Inc investment comparison

Performance comparison on Kronos Worldwide Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -11.74% -266.16$ 2267.39$ -2.84%
Momentum 1 quarter -3.5% -123.04$ 3516.43$ -0.9%
Momentum 2 quarters -9.75% -243.02$ 2492.85$ -2.66%
Non-directional 24.42% 61.0$ 249.75$ 11.41%
Annualized return comparison

Automatic investment

-2.84 %

Momentum 1Q

-2.66 %

Momentum 2Q

-2.66 %

Non-directional

11.41 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Kronos Worldwide Inc:

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

  • ZENGAME

  • Note: The algorithm computes the probability of correlation between Kronos Worldwide Inc and the other stocks. There may be false positives or some missing correlated stocks. If the price of Kronos Worldwide Inc does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name Kronos Worldwide Inc
    Country United States
    City Dallas
    Address 5430 LBJ Freeway
    Phone 972 233 1700
    Website kronostio2.com
    FullTime employees 2248
    Industry Specialty Chemicals
    Sector Basic Materials
    Exchange XNYS
    Ticker KRO
    Market www.nyse.com

    Kronos Worldwide Inc ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown