Reading the tape
NYSE: VHI
Valhi, Inc.
Basic Materials · Chemicals
Market Cap
$405.29M
52w High
$20.00
52w Low
$11.44
P/E
-7.09
Volume
29.44K
Outstanding Shares
28.30M
Price vs Fundamentals
Why The Stock Is Moving
Likely fundamental deteriorationModerate confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: -19.69%Revenue (TTM): -1.32%FCF (TTM): -726.72%P/E: 0th pct
What changed
The stock fell 19.69% over the last year. Revenue declined 1.32% over the trailing twelve months. Operating margin moved from 7.87% to -0.05%. Free cash flow declined 726.72% over the trailing twelve months.
What the market seems to be pricing
The market is reacting to weaker business momentum more than just compressing the valuation multiple. Even if the shares already screen cheap on P/E, investors are still discounting lower future earnings power.
What would invalidate this read
Operating margin stands at -0.05%. Revenue declined 1.32% — this read reverses if that trend stabilizes. Free cash flow fell 726.72% — a return toward positive territory would undermine the deterioration thesis. If margins and cash flow stabilize while the stock stays depressed, the gap shifts from fundamental damage toward pure multiple compression.
Company profile
Valhi, Inc. engages in the chemicals, component products, and real estate management and development businesses in the Asia Pacific, Europe, North America, and internationally.
CEOMichael S. Simmons
SectorBasic Materials
IndustryChemicals
Employees3,050
IPO dateMar 17, 1980
Valuation
Forward P/E—
EV/EBITDA11.20
Enterprise value$732.43M
Stock splits
Jun 2, 2020↓ Reverse
Every 12 shares became 1
May 11, 2012↑ Forward
Every 1 shares became 3
Mar 27, 2007↑ Forward
Every 4109 shares became 10000
Profitability & growth
Revenue growth2.83%
Gross margin14.22%▼27.02%vs FY2024
Operating margin-0.05%▼100.61%vs FY2024
ROE-5.63%▼154.01%vs FY2024
Analyst consensus
RatingSell
Target price—
0
Buy
0
Hold
1
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
May 7, 2026
Q2 FY26 · EPS est $0.77 · Revenue est $494.14M
View
Dividends
$0.32/shareQuarterly4yr growth streakAt RiskVHI pays a dividend with a 2.23% dividend yield, 4 consecutive years of growth, covered -9.0× by free cash flow.
Dividend Yield
2.23%
Annual Div / Share
$0.32
5yr CAGR
-7.79%
Dividend has been cut
Payout Ratio
—
At Risk
Dividend Growth Rate
3yr CAGR
+0%
5yr CAGR
-7.79%
10yr CAGR
-10.4%
Dividend Safety
0/10At Risk
Dividend History
Annual dividends paid per share
YearAnnual DivYoY
2025$0.32+0.0%
2024$0.32+0.0%
2023$0.32+0.0%
2022$0.32+0.0%
2021$0.32-33.3%
2020$0.48-50.0%
2019$0.96+0.0%
Income Projection
Invest
$
Growth rate:
Reinvest dividends
Today
$22/yr
$2/mo
In 5 yrs
$22/yr
$2/mo
In 10 yrs
$22/yr
$2/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$22/yr $2/mo | $22/yr $2/mo | $22/yr $2/mo |
Analysis
Dividend Strengths
No strong strength signal stands out from the latest period pair.
Risks to Watch
Dividend exceeds free cash flow
Free cash flow covers only -9.02× the dividend. The company is paying out more than it generates in cash, which is unsustainable without borrowing or asset sales.
Dividend has been reduced
The 5-year dividend CAGR of -7.79% is negative, indicating the payout has been cut over this period.