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Monday 2 November 2026
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Valhi, Inc.
Valhi, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.1 billion, down 1.41% from fiscal 2024.
- Revenue
- +16.1%
- EPS
- +2,500.0%
- Free cash flow
- +435.2%
- Total debt
- −7.26%
Quarter to June 2026, against a year earlier
14.75
0.64
+4.54%
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| Dec '16 | Dec '17 | Dec '18 | Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | Dec '24 | Dec '25 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
0.00 | 10.18 | 2.51 | 13.35 | 7.92 | 6.45 | 6.80 | 0.00 | 6.19 | 0.00 |
Piotroski F-Score |
6 | 8 | 6 | 6 | 7 | 8 | 4 | 3 | 7 | 4 |
P/S ratio |
0.78 | 1.11 | 0.35 | 0.33 | 0.23 | 0.35 | 0.27 | 0.21 | 0.31 | 0.16 |
Altman Z-Score |
1.28 | 2.02 | 1.87 | 1.67 | 1.55 | 2.03 | 2.00 | 1.58 | 2.03 | 1.63 |
Altman Z″-Score (non-manufacturers) |
1.71 | 3.27 | 4.15 | 3.79 | 3.78 | 4.38 | 4.50 | 3.83 | 4.29 | 3.80 |
P/FCF ratio |
62.56 | 11.43 | 5.44 | 5.34 | 5.13 | 1.97 | 0.00 | 0.00 | 40.40 | 0.00 |
Beneish M-Score |
(2.61) | (2.09) | (2.52) | (2.36) | (2.52) | (2.79) | (2.54) | (1.93) | (2.53) | (2.36) |
P/Operating CF |
30.26 | 38.60 | (25.39) | 9.96 | 4.05 | 3.03 | 87.45 | 6.43 | 14.55 | 3.41 |
Dividend Safety Score |
— | — | — | — | — | — | — | — | — | 12 |
P/B ratio |
0.00 | 21.36 | 2.05 | 2.04 | 0.43 | 0.71 | 0.47 | 0.33 | 0.48 | 0.25 |
Price to Tangible BV |
0.00 | 0.00 | 0.00 | 0.00 | 0.69 | 1.05 | 0.66 | 0.47 | 0.67 | 0.35 |
EV/Sales |
1.24 | 1.42 | 0.50 | 0.45 | 0.36 | 0.31 | 0.25 | 0.24 | 0.39 | 0.34 |
EV/EBITDA |
11.34 | 6.62 | 2.69 | 4.35 | 3.34 | 2.06 | 2.08 | 7.32 | 2.38 | 9.35 |
EV/Operating CF |
24.20 | 10.46 | 5.70 | 4.97 | 4.50 | 1.56 | 16.38 | 122.87 | 19.43 | (19.99) |
EV/FCF |
99.53 | 14.59 | 7.77 | 7.36 | 8.11 | 1.72 | (16.38) | (10.65) | 51.82 | (8.42) |
Quick Ratio |
1.48 | 2.48 | 2.44 | 2.74 | 2.76 | 2.50 | 1.79 | 1.63 | 1.09 | 1.21 |
Current Ratio |
2.85 | 3.81 | 4.01 | 4.42 | 4.57 | 3.61 | 3.23 | 2.91 | 2.26 | 2.80 |
Net Debt/EBITDA |
4.21 | 1.44 | 0.81 | 1.19 | 1.23 | (0.29) | (0.15) | 0.93 | 0.53 | 4.82 |
Debt/Assets |
36.58% | 35.88% | 29.54% | 28.42% | 27.29% | 21.73% | 19.73% | 19.97% | 20.12% | 22.48% |
Debt/Equity |
2.01 | 1.36 | 0.81 | 0.81 | 0.78 | 0.56 | 0.43 | 0.43 | 0.41 | 0.43 |
Asset Turnover |
0.63 | 0.71 | 0.67 | 0.70 | 0.66 | 0.79 | 0.78 | 0.71 | 0.78 | 0.79 |
Operating CF/Net income |
(5.02) | 1.25 | 0.63 | 3.60 | 2.76 | 3.61 | 0.40 | (0.39) | 0.41 | 0.62 |
Capex/Depreciation |
(0.89) | (1.25) | (0.72) | (0.97) | (0.96) | (0.69) | (1.16) | (0.86) | (0.38) | (0.70) |
Interest Coverage |
1.77 | 5.95 | 5.24 | 3.57 | 3.78 | 8.93 | 7.75 | 0.40 | 5.85 | 0.17 |
| 8.75% | (336.03%) | 124.53% | 15.51% | 8.37% | 11.75% | 7.07% | (0.77%) | 8.13% | (4.20%) | |
| (0.64%) | 7.76% | 9.34% | 1.79% | 1.94% | 4.32% | 2.99% | (0.36%) | 3.90% | (2.12%) | |
ROIC |
5.53% | 16.18% | 14.34% | 7.44% | 6.79% | 17.15% | 10.67% | 0.53% | 11.64% | 0.34% |
Return on Tangible Assets |
(1.50%) | 13.65% | 16.17% | 2.95% | 3.20% | 7.17% | 5.38% | (0.67%) | 7.04% | (3.69%) |
Average Days of Receivables |
60.54 | 70.10 | 65.22 | 61.99 | 66.52 | 63.09 | 45.40 | 62.84 | 55.22 | 54.49 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
14.93% | 13.79% | 16.41% | 15.18% | 15.10% | 13.36% | 13.41% | 14.03% | 11.82% | 14.62% |
Intangible Assets out of Total Assets |
0.16 | 0.13 | 0.14 | 0.14 | 0.13 | 0.13 | 0.13 | 0.14 | 0.14 | 0.15 |
Share Based Compensation of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Graham Net Nets |
(0.96) | (0.41) | (0.47) | (0.61) | (0.99) | (0.21) | 0.10 | 0.03 | 0.05 | (0.03) |
Graham Number |
9.19 | 23.98 | 48.45 | 20.37 | 39.07 | 63.87 | 57.10 | 0.00 | 64.15 | 0.00 |
Earnings Yield |
(1.13%) | 9.83% | 39.91% | 7.49% | 12.63% | 15.51% | 14.71% | (2.86%) | 16.16% | (16.76%) |
Free Cash Flow Yield |
1.60% | 8.75% | 18.39% | 18.72% | 19.51% | 50.87% | (5.70%) | (10.76%) | 2.48% | (24.55%) |
Revenue per Share |
54.70 | 66.85 | 66.29 | 68.01 | 65.90 | 81.94 | 79.52 | 69.37 | 76.02 | 74.95 |
Operating CF per Share |
2.80 | 9.10 | 5.81 | 6.22 | 5.34 | 16.13 | 1.22 | 0.14 | 1.54 | (1.25) |
Capex per Share |
(2.12) | (2.58) | (1.47) | (1.94) | (2.30) | (1.43) | (2.37) | (1.64) | (0.89) | (1.64) |
Free Cash Flow per Share |
0.68 | 6.52 | 4.34 | 4.28 | 3.04 | 14.70 | (1.15) | (1.50) | 0.66 | (2.88) |
Cash per Share |
6.20 | 15.96 | 18.15 | 19.40 | 18.84 | 26.44 | 21.05 | 17.04 | 13.16 | 7.91 |
Shareholders Equity per Share |
15.60 | 26.91 | 34.70 | 34.39 | 35.33 | 40.65 | 45.85 | 44.78 | 48.39 | 47.85 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
15.60 | 26.91 | 34.70 | 34.39 | 35.33 | 40.65 | 45.85 | 44.78 | 48.39 | 47.85 |
Free Cash Flow |
19.40 | 185.80 | 123.60 | 121.90 | 86.70 | 419.00 | (32.70) | (42.80) | 18.70 | (82.10) |
Working Capital |
543.30 | 931.10 | 1,057.80 | 1,102.90 | 1,135.30 | 1,209.70 | 1,096.70 | 968.30 | 809.90 | 809.80 |
Capital Expenditures |
(60.40) | (73.50) | (41.90) | (55.30) | (65.50) | (40.70) | (67.60) | (46.70) | (25.30) | (46.60) |
Net Current Asset Value |
(1,161.40) | (878.60) | (311.80) | (388.90) | (429.00) | (173.60) | 60.60 | 14.60 | 32.60 | (9.50) |
EV/EBIT |
18.78 | 7.73 | 3.23 | 6.05 | 5.01 | 2.48 | 2.64 | 42.03 | 2.93 | 74.70 |
Capex to Sales |
0.04 | 0.04 | 0.02 | 0.03 | 0.03 | 0.02 | 0.03 | 0.02 | 0.01 | 0.02 |
Price to Operating Income |
11.81 | 6.05 | 2.26 | 4.40 | 3.17 | 2.82 | 2.83 | 36.70 | 2.28 | 36.15 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.13 | 0.10 | 0.10 | 0.10 | 0.12 | 0.11 | 0.11 | 0.10 | 0.09 | 0.09 |
Cash ROIC |
1.28% | 8.20% | 5.36% | 5.24% | 3.72% | 16.34% | (1.33%) | (1.85%) | 0.81% | (3.76%) |
Accounts Receivable Turnover |
6.17 | 6.10 | 5.37 | 5.81 | 5.59 | 6.26 | 6.61 | 6.35 | 6.48 | 6.61 |
Accounts Payable Turnover |
12.26 | 12.13 | 10.64 | 11.42 | 10.96 | 12.70 | 9.84 | 7.84 | 7.02 | 7.40 |
Inventory Turnover |
3.17 | 3.34 | 2.65 | 2.82 | 2.71 | 3.44 | 3.15 | 2.71 | 2.62 | 2.65 |
Average Days of Payables |
27.96 | 33.46 | 33.61 | 36.10 | 29.86 | 32.48 | 42.02 | 49.75 | 54.31 | 47.39 |
Days of Inventory on Hand |
108.22 | 114.82 | 155.48 | 130.27 | 136.65 | 97.56 | 135.03 | 129.78 | 148.97 | 135.17 |
Average Receivables |
252.55 | 312.15 | 351.70 | 333.40 | 335.75 | 373.00 | 342.80 | 311.15 | 334.10 | 323.35 |
Average Payables |
98.80 | 104.45 | 113.80 | 128.10 | 131.15 | 135.15 | 176.05 | 213.95 | 239.25 | 240.65 |
Average Inventory |
382.20 | 378.80 | 457.10 | 518.95 | 530.15 | 498.45 | 549.75 | 618.45 | 640.95 | 672.80 |
Average Assets |
2,490.30 | 2,675.35 | 2,808.55 | 2,752.00 | 2,841.85 | 2,947.25 | 2,920.45 | 2,786.35 | 2,768.60 | 2,716.25 |
Average Common Equity |
(181.65) | (61.75) | 210.55 | 317.25 | 659.85 | 1,082.65 | 1,232.60 | 1,291.50 | 1,327.65 | 1,371.40 |
Columns are period end dates · fundamentals updated 25 Oct 2026