Visão geral da empresa
Valhi, Inc. operates as a diversified enterprise focused on the production and marketing of chemicals, component products, and real estate management across Europe, North America, the Asia Pacific, and international markets, with a primary concentration in the manufacturing of titanium dioxide pigments. The company is categorized within the Basic Materials sector and specifically functions in the Chemicals industry, positioning it as a supplier of essential inorganic pigments used in varnishes, paints, plastics, and paper. In terms of scale, Valhi, Inc. commands a market capitalization of $399.06M and generates an annual revenue of $2.08B, supported by a workforce of 2,826 employees. These financial metrics indicate that while the company maintains a substantial operational footprint and revenue base, its market valuation reflects a capitalization that is relatively modest compared to its total revenue generation, suggesting a valuation structure that prioritizes cash flow and asset backing over high multiples of earnings.
Saúde financeira
The company reported a trailing twelve-month revenue of $2.08B against a net income of -$57,600,000, while generating an EBITDA of $61.70M, a disparity that reveals a significant cost structure where operating expenses and non-operating costs exceed the gross profit generated from sales. This negative net income contrasts sharply with the positive EBITDA, highlighting the impact of interest expenses, taxes, and other financing costs that are not captured in the EBITDA metric. However, the company reports a negative free cash flow of -$74,525,000, which indicates that capital expenditures and working capital requirements currently outpace operating cash generation, limiting immediate financial flexibility for discretionary spending. Margin analysis shows a gross margin of 14.4%, which is typical for commodity chemical production but leaves limited room for error; the operating margin stands at -12.7% and the profit margin at -2.8%, confirming that the company is currently operating at a loss on a net basis despite strong sales volume. On the balance sheet, Valhi holds $216.90M in cash against $611.60M in total debt, resulting in a debt-to-equity ratio of 44.85, which characterizes a leveraged balance sheet reliant on interest coverage rather than a conservative cash-rich posture. Liquidity is supported by a current ratio of 2.80, indicating that current assets are nearly three times the value of current liabilities, providing a buffer for short-term obligations despite the overall leverage. Finally, the return on equity is -4.0% and the return on assets is -0.1%, metrics that reveal that management effectiveness in generating returns on shareholder capital and asset base is currently negative, primarily due to the reported net loss position.
Avaliação de valorização
The valuation metrics present a distinct picture, with a trailing P/E ratio listed as N/A due to the lack of positive net income, while the forward P/E stands at 4.35, implying that the market prices the stock based on anticipated future earnings recovery rather than current profitability. The price-to-book ratio is 0.39, suggesting that the market values the company at less than 40% of its book value, which typically indicates a market discount rather than a premium over the net asset value. Alternative valuation measures such as the price-to-sales ratio of 0.19 and an EV/EBITDA of 18.38 suggest that investors are assessing the firm primarily on its sales volume and cash-adjacent earnings potential rather than current profit generation. In terms of price volatility, the stock has traded between a 52-week low of $11.44 and a 52-week high of $20.00, placing the current share price within a range that reflects recent market consolidation. The beta value of 1.11 indicates that the stock's price volatility is slightly higher than the broader market, meaning it tends to amplify market movements by approximately 11% more than the index average.
Growth & Income
Valhi, Inc. demonstrates a revenue growth rate of 2.8% year-over-year, whereas the earnings growth rate is N/A due to the company's recent net loss, implying that top-line expansion is occurring independently of immediate bottom-line profitability. Regarding income distribution, the company offers a dividend yield of 2.3% with a payout ratio of 49.2%, a combination that requires careful monitoring as the payout exceeds the current net income generation. The existence of a dividend payout in the absence of positive net income indicates that the company is utilizing cash reserves or other non-operating cash flows to fund distributions rather than reinvesting earnings into growth from operational profits. The overall growth and income profile is characterized by steady revenue expansion coupled with a leveraged capital structure that supports shareholder returns through dividends despite current operating losses.