Company Valuation: Valhi, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 429.8 813 622.1 429.7 661.8 341
Change - 89.17% -23.47% -30.93% 54.02% -48.47%
Enterprise Value (EV) 1 718 781.2 648 530.8 889.9 729.6
Change - 8.8% -17.04% -18.09% 67.65% -18.01%
P/E 7.85x 6.45x 6.96x -35.8x 6.17x -5.96x
PBR 0.63x 0.99x 0.65x 0.46x 0.64x 0.34x
PEG - 0x -0.2x 0x -0x 0x
Capitalization / Revenue 0.23x 0.35x 0.28x 0.22x 0.31x 0.16x
EV / Revenue 0.39x 0.34x 0.29x 0.28x 0.42x 0.35x
EV / EBITDA 3.68x 2.41x 2.64x 16.7x 3.18x 11.8x
EV / EBIT 5.51x 2.93x 3.44x -25.2x 4.17x -155x
EV / FCF 29.1x 3.18x 11.4x 43.1x 8.43x -9.79x
FCF Yield 3.43% 31.5% 8.76% 2.32% 11.9% -10.2%
Dividend per Share 2 0.48 0.32 0.32 0.32 0.32 0.32
Rate of return 3.16% 1.11% 1.45% 2.11% 1.37% 2.66%
EPS 2 1.937 4.46 3.16 -0.4246 3.789 -2.021
Distribution rate 24.8% 7.17% 10.1% -75.4% 8.44% -15.8%
Net sales 1 1,850 2,296 2,222 1,922 2,105 2,077
EBITDA 1 194.9 324.4 245.7 31.7 280.1 61.7
EBIT 1 130.2 266.6 188.5 -21.1 213.4 -4.7
Net income 1 55.2 127.2 90.2 -12.1 108 -57.6
Net Debt 1 288.2 -31.8 25.9 101.1 228.1 388.6
Reference price 2 15.20 28.75 22.00 15.19 23.39 12.05
Nbr of stocks (in thousands) 28,273 28,277 28,279 28,288 28,295 28,302
Announcement Date 3/11/21 A 3/10/22 A 3/9/23 A 3/7/24 A 3/6/25 A 3/10/26 A
1USD in Million2USD
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
12.81x - - 5.97% 5.88B
10.43x0.75x7x3.61% 2.92B
12.85x - - 2.42% 2.11B
10.9x0.7x7.1x2.49% 1.53B
32.97x - - 0.61% 1.02B
11.15x0.5x6.65x3.73% 831M
Average 15.18x 0.65x 6.92x 3.14% 2.38B
Weighted average by Cap. 13.46x 0.69x 6.97x 4.08%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA