Trinseo PLC

Chart & Performance

D1W1MN

P/E

—

P/S

0.03

EPS

—

Div Yield, %

1.72%

Shrs. gr., 5y

-2.81%

Rev. gr., 5y

-1.43%

Revenues

3.51b

-4.41%

Net income

-349m

L-50.31%

CFO

-14m

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	2024‑12	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	3,513,200 -4.41%	3,675,400 -25.98%	4,965,500 2.86%
Cost of revenue	3,247,600	3,901,000	5,143,400
Unusual Expense (Income)
NOPBT	265,600	(225,600)	(177,900)
NOPBT Margin	7.56%
Operating Taxes	30,500	68,400	(41,600)
Tax Rate	11.48%
NOPAT	235,100	(294,000)	(136,300)
Net income	(348,500) -50.31%	(701,300) 63.86%	(428,000) -253.08%
Dividends	(1,700)	(17,900)	(47,500)
Dividend yield	0.94%	6.06%	5.83%
Proceeds from repurchase of equity			(152,100)
BB yield			18.66%
Debt
Debt current	236,700	53,500	33,100
Long-term debt	172,800	2,397,300	2,422,000
Deferred revenue
Other long-term liabilities	2,399,000	251,800	228,900
Net debt	(22,900)	1,939,500	1,988,300
Cash flow
Cash from operating activities	(14,200)	148,700	43,500
CAPEX	(63,300)	(69,700)	(148,200)
Cash from investing activities	(55,100)	(31,700)	(164,000)
Cash from financing activities	26,400	(66,000)	(233,700)
FCF	332,100	(39,900)	(93,900)
Balance
Cash	209,800	259,100	211,700
Long term investments	222,600	252,200	255,100
Excess cash	256,740	327,530	218,525
Stockholders' equity	(934,500)	(572,200)	133,600
Invested Capital	3,056,900	2,938,800	2,900,600
ROIC	7.84%
ROCE	12.30%
EV
Common stock shares outstanding	35,300	35,300	35,900
Price	5.10 -39.07%	8.37 -63.14%	22.71 -56.71%
Market cap	180,030 -39.07%	295,461 -63.76%	815,289 -60.75%
EV	157,130	2,234,961	2,803,589
EBITDA	265,600	(4,400)	59,000
EV/EBITDA	0.59		47.52
Interest	267,500	188,400	112,900
Interest/NOPBT	100.72%