Valhi Inc
How the company evolved, year by year. Revenue and debt come from the annual reports — for most companies, the 10-K filings with the SEC since 2009; dividends from the payments themselves.
The bars are a balance on the closing date; the lines are what happened during the year. Revenue above equity is ordinary, not an anomaly — it means the company turns its capital over more than once a year.
Major managers that reported this stock in their latest 13F.
▼ -31.0% over 5Y.
today you would have $749.23▼ -25.1%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 17 closed years. Each multiple uses that year’s closing price and that year’s reported numbers — not today’s. The range is set by the annual reports on record.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $12.05 | $23.39 | $15.19 | $22.00 | $28.75 | $15.20 | $22.44 | $23.16 | $74.04 | $41.52 | $16.08 | $76.92 | $210.96 | $150.00 | $241.88 | $88.44 | $55.88 | |
Seven formulas applied to what the company reported. None of them predicts a price — each answers what the stock would be worth if its assumption held. The assumption is printed next to every number, because it is the assumption that produces the result.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Sector median of 9.1x operating profit, less net debt. Sees the business before its financing, so debt does not distort the comparison. Banks have no EBITDA — interest is their revenue, not a cost.
Companies of similar size in Basic Materials, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| NMGNouveau Monde Graphite Inc. | $1.44 | — | 1.3x | — | -21.73% | $473.99M |
| ASPNAspen Aerogels Inc | $5.68 | — | 2.4x | — | -50.36% | $471.38M |
| METCBRamaco Resources, Inc. | $7.36 | — | 1.2x | 8.29% | -17.07% | $466.54M |
| GOROGoldgroup Mining Inc. | $3.65 |
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.
Company description provided by Yahoo Finance.
| P/E |
| 10.1x |
| — |
| 6.2x |
| — |
| 7.2x |
| 6.4x |
| 7.8x |
| 13.0x |
| 2.5x |
| 10.1x |
| — |
| — |
| 40.1x |
| — |
| 26.6x |
| 31.5x |
| 52.6x |
| — |
| P/S | 0.4x | 0.2x | 0.3x | 0.2x | 0.3x | 0.4x | 0.2x | 0.3x | 0.4x | 1.1x | 0.8x | 0.3x | 1.2x | 3.2x | 2.0x | 3.4x | 1.6x | — |
| P/B | 1.4x | 0.3x | 0.6x | 0.5x | 0.6x | 1.0x | 0.6x | 1.0x | 1.0x | 4.9x | 5.8x | 1.7x | 4.6x | 9.9x | 5.8x | 10.4x | 4.6x | — |
| EPS | -$2.02 | $3.79 | -$0.35 | $3.06 | $4.46 | $1.94 | $1.73 | $9.20 | $7.32 | -$0.60 | -$4.68 | $1.92 | -$3.48 | $5.64 | $7.68 | $1.68 | -$1.20 |
| Dividend yield | 1.81% | 2.66% | 1.37% | 2.11% | 1.45% | 1.11% | 3.16% | 4.28% | 4.15% | 1.30% | 2.31% | 5.97% | 1.72% | 1.14% | 1.53% | 0.79% | 1.81% | 2.86% |
| Payout | 24.74% | — | 8.44% | — | 10.46% | 7.17% | 24.74% | 55.49% | 10.43% | 13.11% | — | — | 68.75% | — | 40.78% | 24.74% | 95.24% | — |
| Profit margin | 2.98% | -2.77% | 5.13% | -0.52% | 3.92% | 5.54% | 2.98% | 2.59% | 14.41% | 11.04% | -1.05% | -8.98% | 2.89% | -5.26% | 7.66% | 10.74% | 3.28% | -2.69% |
| ROE | 9.10% | -5.63% | 10.42% | -1.04% | 9.10% | 15.33% | 8.09% | 7.69% | 41.27% | 48.89% | -7.91% | -49.72% | 11.26% | -16.30% | 21.78% | 33.09% | 9.28% | -6.86% |
Median, not average: a single year of near-zero profit produces a P/E of 400 and would drag an average on its own. P/E years above 200x are left out, the same cut the fair price uses — so this median matches the “its own history” method below. Price and EPS have no median: they are series that grow.
Dividend growing 0.0% a year against a 9.1% required return, taken from the stock’s beta. The only method anchored on what the company pays rather than what it reports.
Not the average of the seven numbers above. Four of the seven start from the same earnings per share — Graham, Lynch, sector multiples and its own history — so averaging all seven would let one input count four times and drown out the others. Instead each family produces one number, and the fair price is the average of the families that answered. A family with two working formulas contributes their average, not two votes.
2 methods answered, across 2 families.
Every formula reads the same reported statements and they can be wrong together. The margin is room for that.
-4.4% from the average.
These are models, not forecasts, and not investment advice. Change one assumption and the number changes with it — that is a property of valuation, not a defect of this page.
| — |
| — |
| — |
| — |
| $492.36M |
| IPIIntrepid Potash, Inc. | $36.72 | 31.1x | 0.9x | — | 3.13% | $494.13M |
| CMCLCaledonia Mining Corp Plc | $25.63 | 7.3x | 1.7x | 2.18% | 27.91% | $495.56M |