Trinseo PLC

Chart & Performance

D1W1MN

P/E

—

P/S

0.05

EPS

—

Div Yield, %

9.78%

Shrs. gr., 5y

-4.18%

Rev. gr., 5y

-4.48%

Revenues

3.68b

-25.98%

Net income

-701m

L+63.86%

CFO

149m

+241.84%

Dividend

Oct 10, 20240.01 USD/sh

Profile

Trinseo PLC, a materials solutions provider, manufactures and sells plastics and latex binders in the United States, Europe, the Asia-Pacific, and internationally. The company operates through six segments: Engineered Materials, Latex Binders, Base Plastics, Polystyrene, Feedstocks, and Americas Styrenics. The Engineered Materials segment offers rigid compounds, including polycarbonate compounds, acrylonitrile-butadiene-styrene compounds, and PC blends to consumer electronics and medical markets for equipment housing applications; thermoplastic elastomer soft plastic compounds, such as overmolds, sealings, tubing, and films for footwear shoe sole, personal care, consumer electronics, and automotive high-end applications; and PMMA products to building and construction, automotive, medical, and consumer goods applications. The Latex Binders segment provides styrene-butadiene, styrene-acrylate, vinylidene chloride, and butadiene-methacrylate latex products for the commercial and niche carpet markets, as well as performance latex products for the adhesive, building and construction, and technical textile paper markets. The Base Plastics segment offers various compounds and blends for automotive and other applications. This segment also engages in the acrylonitrile-butadiene-styrene, styrene-acrylonitrile, and polycarbonate businesses. The Polystyrene segment provides general purpose polystyrenes and high impact polystyrene for use in appliances, food packaging and food service disposables, consumer electronics, and building and construction materials. The Feedstocks segment offers styrene monomer, a basic building block of plastics. The Americas Styrenics segment provides styrene and polystyrene. The company was incorporated in 2015 and is based in Berwyn, Pennsylvania.

URL

https://www.trinseo.com

IPO date

Jun 12, 2014

Employees

3,400

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	3,675,400 -25.98%	4,965,500 2.86%	4,827,500 59.03%
Cost of revenue	3,901,000	5,143,400	4,515,900
Unusual Expense (Income)
NOPBT	(225,600)	(177,900)	311,600
NOPBT Margin			6.45%
Operating Taxes	68,400	(41,600)	70,900
Tax Rate			22.75%
NOPAT	(294,000)	(136,300)	240,700
Net income	(701,300) 63.86%	(428,000) -253.08%	279,600 3,439.24%
Dividends	(17,900)	(47,500)	(21,900)
Dividend yield	6.06%	5.83%	1.05%
Proceeds from repurchase of equity		(152,100)	1,294,600
BB yield		18.66%	-62.32%
Debt
Debt current	53,500	33,100	36,900
Long-term debt	2,397,300	2,422,000	2,444,000
Deferred revenue			(103,200)
Other long-term liabilities	251,800	228,900	409,900
Net debt	1,939,500	1,988,300	1,660,100
Cash flow
Cash from operating activities	148,700	43,500	452,700
CAPEX	(69,700)	(148,200)	(117,700)
Cash from investing activities	(31,700)	(164,000)	(1,539,700)
Cash from financing activities	(66,000)	(233,700)	1,075,700
FCF	(39,900)	(93,900)	(159,500)
Balance
Cash	259,100	211,700	573,000
Long term investments	252,200	255,100	247,800
Excess cash	327,530	218,525	579,425
Stockholders' equity	(572,200)	133,600	595,000
Invested Capital	2,938,800	2,900,600	3,099,975
ROIC			10.00%
ROCE			8.24%
EV
Common stock shares outstanding	35,300	35,900	39,600
Price	8.37 -63.14%	22.71 -56.71%	52.46 2.44%
Market cap	295,461 -63.76%	815,289 -60.75%	2,077,416 5.09%
EV	2,234,961	2,803,589	3,737,516
EBITDA	(4,400)	59,000	479,100
EV/EBITDA		47.52	7.80
Interest	188,400	112,900	79,400
Interest/NOPBT			25.48%