Green Plains, Inc. (GPRE) vs Tronox Holdings PLC (TROX)

Green Plains, Inc. and Tronox Holdings PLC are both Chemicals companies. Green Plains, Inc. is the larger, with a market value of $1.1B against $643.6M — 1.6× the size. Tronox Holdings PLC has negative trailing earnings, so its P/E is not meaningful; Green Plains, Inc. trades at 8.3×. Tronox Holdings PLC grew revenue faster over the last twelve months: 3.66% against −23.7%. Green Plains, Inc. has the higher net margin (6.78% vs −18.0%) and the higher return on invested capital (7.48% vs −3.25%). Across the 19 metrics below, Green Plains, Inc. leads on 15 and Tronox Holdings PLC on 4.

Valuation

Metric GPRE TROX Chemicals median
P/E 8.34 n/m —
P/S 0.56 0.21 0.44
P/B 1.19 0.54 1.13
Price to free cash flow 3.34 n/m 7.30
EV/EBITDA 5.49 36.68 9.48
EV/Sales 0.71 1.20 0.86
Earnings yield 11.99% (85.86%) (10.53%)
Free cash flow yield 29.93% (22.67%) 4.86%

Profitability

Metric GPRE TROX Chemicals median
Gross margin 16.03% 6.22% 16.03%
Operating margin 7.44% (7.16%) (0.82%)
Net margin 6.78% (17.96%) (3.05%)
Free cash flow margin 16.88% (4.78%) 1.50%
Return on equity 15.40% (38.26%) (5.24%)
Return on assets 7.58% (9.05%) (2.51%)
Return on invested capital 7.48% (3.25%) (0.75%)

Growth

Metric GPRE TROX Chemicals median
Revenue growth (TTM) (23.68%) 3.66% 2.53%
EPS growth (last fiscal year) (39.53%) (858.06%) —
Revenue growth, 5-year CAGR 1.69% 1.00% 2.20%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric GPRE TROX Chemicals median
Debt to equity 0.59 2.71 0.71
Current ratio 1.99 2.55 1.99
Net debt to EBITDA 3.49 51.03 3.49

Dividend

Metric GPRE TROX Chemicals median
Dividend yield — 2.98% 2.33%
Payout ratio 0.00 0.13 0.00

Size

Metric GPRE TROX Chemicals median
Market cap 1.05b 643.59m 643.59m

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