Valhi (VHI) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Valhi

NYSE•Basic Materials•Chemicals

$18.26+0.11(0.01%)Market closed

Market Cap

$520.41M

P/S

0.2x

P/B

0.5x

Valhi, Inc. engages in the chemicals, component products, and real estate management and development businesses in Europe, North America, the Asia Pacific, and internationally. The Chemicals segment produces and markets titanium dioxide pigments (TiO2), which are white inorganic pigments used in various applications by paint, plastics, paper, fibers and ceramics, decorative laminate, and paper manufacturers. This segment also provides TiO2 under the KRONOS name through agents and distributors. The Component Products segment manufactures mechanical and electrical cabinet locks, and other locking mechanisms for use in mailboxes, ignition systems, file cabinets, desk drawers, tool storage cabinets, medical cabinetry security, integrated inventory and access control secured narcotics boxes, electronic circuit panels, storage compartments, gas station security, and vending and cash containment machine applications. This segment also provides stainless steel exhaust components, gauges, throttle controls, wake enhancement systems, trim tabs, and related hardware and accessories primarily for performance and ski/wakeboard boats. The Real Estate Management and Development segment offers utility services to industrial customers; owns real properties; and develops land holdings for commercial, industrial, and residential purposes. This segment also holds marketable securities and other investments. The company was incorporated in 1932 and is based in Dallas, Texas. Valhi, Inc. is a subsidiary of Dixie Rice Agricultural L.L.C.

How this company scores

AverageMetricSide Score: 43/100

Strongest: Cash & Earnings Quality (14/25); weakest: Growth (5/25).

Profitability11/25

Growth5/25

Balance Sheet & Red Flags13/25

Cash & Earnings Quality14/25

Strengths

Long cash runwayImproving margins

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 24.4x5y range 0.0x – 791.3x

Currently above its 15-quarter median.

P/S · 0.2x5y range 0.0x – 0.5x

Currently near its 20-quarter median.

P/B · 0.5x5y range 0.0x – 1.4x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

Operating margins dropped 69.0% over recent quarters — a sharp decline suggesting serious cost or pricing challenges.

Earnings Quality

Red Flag

FCF consistently trails net income (avg -3.2x) — earnings may be inflated by non-cash items or aggressive accounting.

Price & Volume

Market Cap $520.41M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $2.16B
Q. Revenue: $606.10M
TTM EBITDA: $146.80M
TTM Op. Income: $78.30M
Q. Op. Income: $67.70M
TTM Net Income: $-51.10M
Q. Net Income: $22.30M
EPS: $0.78
Shares Out.: $28.50M

$2.16B in TTM revenue grew 3.4% YoY, reaching $606.10M last quarter. TTM EBITDA of $146.80M and TTM operating income of $78.30M show growth is flowing through to the bottom line. However, net income is negative at $51.10M — growth is not yet reaching the bottom line. Across the last 8 quarters, TTM revenue has risen for 3 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 19.8%
EBITDA Margin: 14.0%
Op. Margin: 11.2%
Net Margin: 3.7%

Op. margin of 11.2% is up 4.6% YoY — cost efficiency is improving. Net margin at 3.7% and gross margin of 19.8% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has risen for 2 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: N/A
P/S Ratio: 0.2x
P/B Ratio: 0.5x

P/S of 0.2x and P/B of 0.5x. P/S is low relative to typical market levels. Across the last 5 quarters, P/E has risen for 3 consecutive quarters — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $2.57B
Cash: $209.70M
Long-Term Debt: $586.70M
Book Value: $1.04B
D/E Ratio: 0.6
Debt/EBITDA: 6.9

With $2.57B in assets and $586.70M in long-term debt, D/E is 0.6and book value is $1.04B — a conservative capital structure with a cushion to weather downturns. Over the past year, debt/equity is up 11% — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $59.10M
TTM Free Cash Flow: $62.70M
FCF Margin: 2.9%
FCF / Net Income: -1.2

TTM FCF of $62.70M on $59.10M in operating cash flow. The FCF / Net Income ratio of -1.2x means the business consumes cash — it is not yet self-funding. Across the last 8 quarters, free cash flow has risen for 3 consecutive quarters — an improving trend.