Valhi, Inc. (VHI) Financial Ratios Annual - Discounting Cash Flows
VHI
Valhi, Inc.
VHI (NYSE)
Period Ending: LTM
(Last Twelve Months)
2025
12-31
2024
12-31
2023
12-31
2022
12-31
2021
12-31
2020
12-31
2019
12-31
2018
12-31
2017
12-31
2016
12-31
2015
12-31
2014
12-31
2013
12-31
2012
12-31
2011
12-31
2010
12-31
2009
12-31
2008
12-31
2007
12-31
2006
12-31
2005
12-31
2004
12-31
2003
12-31
2002
12-31
2001
12-31
2000
12-31
1999
12-31
1998
12-31
1997
12-31
1996
12-31
1995
12-31
1994
12-31
1993
12-31
1992
12-31
1991
12-31
1990
12-31
1989
12-31
1988
12-31
1987
12-31
Price Ratios
Price to Earnings Ratio -6.71 -5.96 6.17 -43.73 7.19 6.44 7.85 13 2.52 10.17 -74.42 -3.4 40.75 -60.62 26.75 31.7 -73.92 -46.69 -1,530 -40.01 8.53 10.76 2.48 18.15 310.3 6.29 6.93 9.8 2.39 7.72 6.92 4.26 30.1 -2.83 -2.33 12.53 3.08 8.02 7.01 23.17
Price to Sales Ratio 0.185 0.165 0.317 0.225 0.282 0.357 0.234 0.337 0.363 1.12 0.755 0.296 1.18 3.19 2.05 3.27 1.88 1.19 0.776 1.17 0.721 0.573 0.568 0.569 0.337 0.553 0.445 0.423 0.495 0.398 0.244 0.149 0.419 0.287 0.282 0.327 0.136 0.361 0.251 0.305
Price to Book Ratio 0.378 0.336 0.643 0.463 0.654 0.988 0.635 1 1.04 4.97 5.89 1.69 4.59 9.88 5.83 10.49 5.9 3.72 2.61 2.96 1.39 1.1 0.783 1.09 0.624 0.942 0.845 0.821 0.906 1.13 0.957 1.06 1.76 1.08 0.885 0.65 0.772 2.85 1.82 1.48
Price to Free Cash Flow Ratio -4.67 -4.18 50.89 -9.71 -19.17 2.07 5 5.45 6.34 11.36 61 -13.6 -384.6 144.9 -137.9 50.22 277.8 175.5 -11.19 -6,094 53.68 21.11 8.28 11.34 6.31 6.67 5.57 15.82 -8.71 7.73 54.85 5.49 -249.4 -31.13 7.44 -11.09 2.17 35.97 6.48 0
Price to Operating Cash Flow Ratio -10.89 -9.67 15.15 111 17.97 1.78 2.85 3.61 3.99 8.14 14.83 20.19 32.57 50.73 59.46 23.58 33.26 21.01 -49.96 28.79 14.01 8.4 5.45 6.6 3.59 3.7 3.27 3.19 30.85 4.68 3.58 1.68 4.86 6.83 3.9 59.66 2.17 4.66 6.48 0
Price Earnings to Growth Ratio 0.016 0.039 -0.006 0.386 -0.247 0.05 -0.269 -0.185 0.098 -0.007 0.844 0.01 -0.263 0.375 -1.01 -0.043 0 -0.011 15.58 0.302 0.111 -0.169 0.005 0.006 -3.14 0.307 0.124 -0.126 0.008 0.238 -0.181 0.009 -0.263 0.143 0.004 -0.173 -0.111 0.281 0.021 0
EV to EBITDA 15.98 11.15 3.87 53.35 2.67 2.41 3.68 5.8 2.23 1.18 14.84 21.97 11.61 3.59 10.9 12.61 75.03 54.75 12.6 14.02 4.72 3.83 6.48 7.44 5.81 6.24 4.62 5.55 6.09 9.47 8.26 4.76 13.28 6.34 7.77 8.59 5.54 5.16 2.94
Liquidity Ratios
Current Ratio 2.8 2.8 2.26 2.91 3.23 3.61 4.57 4.42 4.01 3.81 2.85 3.13 3.21 2.4 3.42 2.27 2.17 2.17 2.37 2.59 3.08 2.92 2.56 2.3 2.05 1.56 1.68 1.81 1.92 2.32 1.49 1.41 1.43 1.08 1.03 1.31 1.52 1.06 1.1 1.04
Quick Ratio 2.8 2.8 1.19 1.73 1.93 2.62 2.88 2.8 2.54 2.61 1.62 1.71 1.87 1.31 1.79 1.15 1.12 1.12 0.979 1.45 1.86 1.91 1.72 1.3 1.24 0.967 1.07 1.19 1.22 1.68 1.04 0.624 0.667 0.324 0.489 0.622 0.964 0.65 0.627 0.565
Cash Ratio 0.495 0.495 0.541 0.803 0.971 1.51 1.63 1.62 1.42 1.32 0.543 0.706 0.772 0.362 0.921 0.232 0.23 0.23 0.126 0.465 0.747 0.984 0.859 0.353 0.321 0.35 0.339 0.497 0.637 1.11 0.454 0.258 0.26 0.061 0.091 0.03 0.562 0.206 0.263 0.22
Debt Ratio 0.232 0.232 0.209 0.208 0.205 0.224 0.282 0.294 0.295 0.359 0.395 0.379 0.315 0.254 0.287 0.259 0.411 0.411 0.385 0.348 0.28 0.278 0.302 0.289 0.294 0.282 0.31 0.311 0.327 0.505 0.522 0.503 0.514 0.483 0.484 0.403 0.629 0.528 0.4 0.29
Debt to Equity Ratio 0.598 0.598 0.564 0.608 0.606 0.811 1.19 1.29 1.26 2.46 4.8 3.57 1.96 1.25 1.24 1.12 2.31 2.31 1.96 1.47 0.907 0.902 0.792 0.967 0.992 0.978 1.11 1.18 1.27 2.86 3.68 4.72 6.42 2.1 2.01 1.23 6.92 5.69 2.95 2.45
Long Term Debt to Capitalization 0.366 0.366 0.319 0.368 0.368 0.439 0.535 0.552 0.557 0.71 0.816 0.78 0.658 0.552 0.546 0.522 0.697 0.697 0.66 0.59 0.475 0.474 0.437 0.489 0.496 0.444 0.487 0.508 0.522 0.724 0.735 0.798 0.846 0.593 0.527 0.478 0.853 0.778 0.667 0.567
Total Debt to Capitalization 0.374 0.374 0.36 0.378 0.377 0.448 0.544 0.562 0.557 0.711 0.828 0.781 0.662 0.556 0.554 0.528 0.698 0.698 0.663 0.594 0.476 0.474 0.442 0.492 0.498 0.494 0.527 0.541 0.559 0.741 0.786 0.825 0.865 0.678 0.668 0.552 0.874 0.851 0.747 0.71
Interest Coverage Ratio 0 -0.018 3.32 -1.55 6.68 8.26 3.55 2.62 6.66 37.98 1.14 -0.276 2.98 31.19 6.62 8.59 -0.322 -0.322 1.46 1.84 4.55 3.86 1.9 1.61 1.52 1.43 2.36 0 1.21 0 0.697 1.61 2.26 1.94 1.23 0.742 1.26 2.13 3.21 0
Cash Flow to Debt Ratio -0.058 -0.058 0.075 0.007 0.06 0.684 0.187 0.215 0.207 0.249 0.083 0.023 0.072 0.156 0.079 0.397 0.077 0.077 -0.027 0.07 0.11 0.145 0.181 0.17 0.175 0.261 0.232 0.218 0.023 0.085 0.073 0.134 0.056 0.075 0.113 0.009 0.051 0.108 0.095 0
Margins
Gross Profit Margin 14.72% 14.72% 20.17% 12.76% 22.07% 25.27% 22.28% 22.9% 33.47% 32.03% 18.64% 14.54% 21.63% 7.2% 27.56% 37.19% 15.36% 15.36% 21.48% 22.83% 32.02% 31.81% 24% 25.73% 24.79% 26.85% 36.8% 32.27% 36.03% 32.11% 29.51% 32.03% 27.49% 27.36% 25.29% 24.04% 38.52% 37.89% 37.16% 25.35%
Operating Profit Margin -0.838% -0.048% 7.87% -2.29% 8.39% 11.68% 6.95% 5.63% 20.37% 119% 4.23% -0.965% 9.06% 93.9% 17.85% 25.18% -1.6% -1.6% 6.36% 7.57% 18.34% 17.45% 8.75% 7.49% 8% 8.43% 13.91% 10.12% 10.44% 5.64% 5.86% 10.38% 9.58% 9.6% 7.79% 7% 14.36% 14.42% 15.08% -0.101%
Pretax Profit Margin -2.07% -2.07% 11.6% -1.01% 7.64% 11.23% 5.44% 5.52% 12.98% 15.53% 0.191% -4.81% 6.01% -11.69% 14.44% 22.25% -6.63% -6.63% 1.37% 3.45% 12.97% 12.92% 5.72% 2.21% -0.109% 16.28% 14.39% -2.09% 39.46% 5% 0.647% 5.59% 3.51% -12.1% -4.36% 5.17% 9.36% 9.6% 9.88% 6.21%
Net Profit Margin -2.77% -2.77% 5.13% -0.515% 3.92% 5.54% 2.98% 2.59% 14.41% 11.04% -1.01% -8.72% 2.89% -5.26% 7.66% 10.3% -2.55% -2.55% -0.051% -2.92% 8.45% 5.33% 22.9% 3.13% 0.109% 8.8% 6.43% 4.31% 20.73% 5.16% 3.53% 3.49% 1.39% -10.13% -12.11% 2.61% 4.41% 4.51% 3.58% 1.32%
Operating Cash Flow Margin -1.71% -1.71% 2.09% 0.203% 1.57% 20.02% 8.23% 9.34% 9.09% 13.8% 5.09% 1.47% 3.61% 6.28% 3.44% 13.85% 5.66% 5.66% -1.55% 4.06% 5.15% 6.82% 10.42% 8.62% 9.37% 14.97% 13.63% 13.23% 1.6% 8.51% 6.82% 8.85% 8.62% 4.2% 7.24% 0.549% 6.28% 7.76% 3.87% 0%
Free Cash Flow Margin -3.95% -3.95% 0.622% -2.32% -1.47% 17.23% 4.69% 6.18% 5.72% 9.89% 1.24% -2.18% -0.306% 2.2% -1.49% 6.5% 0.678% 0.678% -6.93% -0.019% 1.34% 2.71% 6.86% 5.02% 5.34% 8.29% 8% 2.67% -5.68% 5.15% 0.445% 2.71% -0.168% -0.922% 3.79% -2.95% 6.28% 1% 3.87% 0%
Return
Return on Assets -2.19% -2.19% 3.86% -0.362% 3.08% 4.23% 1.91% 1.76% 9.68% 7.14% -0.651% -5.27% 1.81% -3.3% 5.04% 7.66% -1.42% -1.42% -0.033% -1.76% 5.05% 3.16% 12.02% 1.79% 0.06% 4.33% 3.39% 2.21% 9.79% 2.59% 1.96% 2.66% 0.468% -8.75% -9.13% 1.7% 2.27% 3.3% 3.52% 0.755%
Return on Equity -5.48% -5.63% 10.42% -1.06% 9.1% 15.33% 8.09% 7.69% 41.27% 48.89% -7.91% -49.72% 11.26% -16.3% 21.78% 33.09% -7.98% -7.98% -0.171% -7.39% 16.35% 10.24% 31.57% 5.99% 0.201% 14.98% 12.2% 8.38% 37.96% 14.65% 13.82% 24.97% 5.85% -38.12% -37.94% 5.19% 25.02% 35.59% 25.95% 6.37%
Return on Capital Employed -0.797% -0.046% 7.68% -1.97% 7.96% 10.56% 5% 4.32% 15.72% 86.83% 3.08% -0.658% 6.4% 68.02% 13.44% 21.95% -1.02% -1.02% 4.79% 5.14% 12.05% 11.61% 5.22% 4.92% 5.12% 5.22% 8.92% 6.16% 5.85% 3.32% 4.41% 10.66% 4.37% 13.91% 10.75% 6.71% 9.9% 17.11% 24.05% -0.092%
Return on Invested Capital -1.53% -0.091% 8.62% 1.1% 14.81% 25.69% 11.11% 8.52% 44.87% 306.9% -6.61% -3.35% 10.38% 84.42% 19.04% 26.19% -0.685% -0.685% 1.7% -7.82% 14.96% 10.29% 37.39% 11.1% -31.86% 5.84% 6.25% -20.73% 5.5% 2.72% 3.26% 9.1% 4.14% 8.18% 5.39% 3.19% 6.04% 9.16% 12.34% 0%
Turnover Ratios
Receivables Turnover Ratio 6.51 6.51 6.42 5.65 7.88 5.69 5.4 5.76 5.39 5.14 6.64 6.22 6.13 6.14 6.9 6.68 5.11 6.02 7.69 6.16 7.26 6.94 6.02 5.66 6.53 6.49 6.48 5.66 5.41 6.27 6.66 8.44 4.01 12.72 14.19 12.8 7.97 6.21 7.39 4.73
Payables Turnover Ratio 7.61 7.61 6.72 6.48 8.69 11.24 12.22 10.11 10.86 9.66 11.86 12.5 10.72 9.36 8.92 6.09 7.11 7.54 8.44 10.44 11.2 9.87 9.5 7.88 7.87 6.77 9.23 10.92 10.03 10.36 11.15 3.3 1.42 2.54 2.42 2.33 2.22 2.69 0 0
Inventory Turnover Ratio 0 0 2.45 2.81 2.7 3.74 2.67 2.8 2.35 3.21 3.53 3.23 3.3 4.02 2.33 2.86 3.64 3.64 3.03 3.57 3.69 3.68 3.94 3.19 3.58 2.95 3.1 3.53 2.75 3.63 3.34 2.57 1.21 2.06 2.29 2.23 2.25 2.93 3.41 2.45
Fixed Asset Turnover Ratio 0 0 2.83 3.44 4.08 3.94 3 3.21 3.23 3.19 2.39 2.3 2.54 2.34 2.74 2.92 1.97 1.97 2.46 2.29 2.74 2.65 2.09 1.97 2.02 2.04 2.22 2.03 2.01 2.02 1.73 2.24 1.03 3.84 4.31 3.94 1.74 2.45 2.71 1.49
Asset Turnover Ratio 0.789 0.789 0.752 0.702 0.784 0.764 0.64 0.679 0.672 0.646 0.641 0.604 0.628 0.628 0.658 0.744 0.557 0.557 0.66 0.6 0.598 0.593 0.525 0.57 0.549 0.492 0.528 0.512 0.472 0.502 0.555 0.762 0.336 0.864 0.754 0.65 0.515 0.733 0.983 0.574
Per Share Items ()
Revenue Per Share 72.88 72.88 73.85 67.43 77.98 80.58 64.9 66.56 63.86 65.94 54.98 54.25 65.35 66.18 73.24 74.08 46.94 46.96 55.18 54.51 57.75 51.75 45.41 42.15 39.53 36.79 41.41 39.82 36.85 37.99 41.86 68.7 29.14 27.25 28.41 27.57 58.95 79.86 78.25 0
Operating Cash Flow Per Share -1.25 -1.25 1.54 0.137 1.22 16.13 5.34 6.22 5.81 9.1 2.8 0.796 2.36 4.16 2.52 10.26 2.66 2.66 -0.857 2.21 2.97 3.53 4.73 3.63 3.7 5.51 5.64 5.27 0.591 3.23 2.85 6.08 2.51 1.14 2.06 0.151 3.7 6.2 3.03 0
Free Cash Flow Per Share -2.88 -2.88 0.46 -1.56 -1.15 13.88 3.04 4.11 3.65 6.52 0.681 -1.18 -0.2 1.46 -1.09 4.82 0.318 0.318 -3.83 -0.01 0.776 1.4 3.12 2.12 2.11 3.05 3.31 1.06 -2.09 1.96 0.186 1.86 -0.049 -0.251 1.08 -0.814 3.7 0.802 3.03 0
Cash & Short Term Investments 7.91 7.91 12.29 16.25 19.42 24.6 18.35 18.45 17.62 15.39 5.76 7.23 9.07 5.21 12.91 4.17 2.62 2.62 1.6 5.07 6.95 9.7 9.23 3.67 3.62 6 4.69 6.09 7.81 12.52 8.99 5.99 5.97 0.775 1.56 0.407 16.3 8.6 8.03 6.89
Earnings Per Share -2.02 -2.02 3.79 -0.347 3.06 4.46 1.94 1.73 9.2 7.28 -0.558 -4.73 1.89 -3.48 5.61 7.63 -1.2 -1.2 -0.028 -1.59 4.88 2.76 10.4 1.32 0.043 3.24 2.66 1.72 7.64 1.96 1.48 2.4 0.406 -2.76 -3.44 0.72 2.6 3.6 2.8 0
EBITDA Per Share 1.72 2.29 8.15 0.354 8.59 11.49 6.91 5.67 15.06 80.57 4.69 1.95 8.67 64.78 15.51 20.89 1.61 1.61 5.82 6.44 13.09 11.55 6.58 5.6 5.3 5.69 8.23 6.28 5.9 4.31 4.91 10.42 3.83 3.51 3.18 2.99 11.49 15.09 14.78 0.341
Dividend Per Share 0.329 0.319 0.319 0.319 0.316 0.316 0.477 0.951 0.951 0.954 0.951 0.959 1.31 2.41 2.28 1.88 1.59 1.76 1.59 1.59 1.65 1.65 0.992 0.997 0.966 0.966 0.845 0.932 0.803 0.803 0.812 0.484 0.318 0.199 0.798 0.817 0.329 1 0.041 0
Enterprise Value Per Share 27.48 25.6 31.59 18.91 22.95 27.75 25.41 32.85 33.62 95.25 69.62 42.84 100.6 232.5 169 263.5 120.5 87.94 73.38 90.3 61.8 44.24 42.66 41.66 30.84 35.48 38.06 34.88 35.9 40.79 40.56 49.57 50.84 22.27 24.7 25.68 63.68 77.83 43.48 0
Book Value Per Share 36.88 35.9 36.35 32.84 33.64 29.11 23.95 22.45 22.29 14.89 7.05 9.51 16.76 21.35 25.74 23.05 15 15 16.39 21.57 29.86 26.92 32.93 22.08 21.32 21.61 21.83 20.5 20.12 13.38 10.68 9.61 6.94 7.24 9.07 13.88 10.39 10.11 10.79 0
Price Per Share 13.93 12.05 23.39 15.19 22 28.75 15.2 22.44 23.16 74.04 41.52 16.08 76.92 211 150 241.9 88.44 55.88 42.8 63.76 41.65 29.66 25.8 23.98 13.31 20.36 18.44 16.83 18.24 15.13 10.22 10.22 12.22 7.82 8.02 9.02 8.02 28.86 19.64 0
Dividend Ratios
Dividend Payout Ratio -15.8% -15.8% 8.43% -91.92% 10.32% 7.08% 24.64% 55.08% 10.34% 13.11% -170.4% -20.28% 69.33% -69.29% 40.68% 24.69% -132.7% -147.1% -5,688% -99.78% 33.87% 59.92% 9.54% 75.46% 2,253% 29.85% 31.75% 54.25% 10.52% 40.96% 55% 20.15% 78.45% -7.21% -23.19% 113.5% 12.64% 27.86% 1.47% 25.68%
Annual Dividend Yield 2.36% 2.65% 1.37% 2.1% 1.44% 1.1% 3.14% 4.24% 4.11% 1.29% 2.29% 5.96% 1.7% 1.14% 1.52% 0.779% 1.8% 3.15% 3.72% 2.49% 3.97% 5.57% 3.84% 4.16% 7.26% 4.75% 4.58% 5.54% 4.4% 5.31% 7.95% 4.73% 2.61% 2.54% 9.95% 9.06% 4.1% 3.48% 0.209% 1.11%
Effective Tax Rate -27.67% -27.67% 33.95% 126.2% 21.66% 23.31% 15.81% 25.31% -13% -41.12% 200% -131.8% 29.02% 41.76% 34.77% 37.22% 57.14% 57.14% 77.31% 191.1% 29.35% 52.7% -368.8% -39.86% 491.3% 30.84% 55.06% 298.3% 45.98% 50.46% 45.45% 37.5% 32.53% 32.17% 37.29% 49.49% 52.88% 53.03% 63.78% 78.79%
Short Term Coverage Ratio -7.1 -7.1 0.557 5.57 19.39 148.3 63.42 36.16 57.07 162.1 10.93 2.37 7.24 10.94 2.43 15.39 30.4 30.4 -2.61 3.78 69.48 64.58 9.86 20.13 25.89 1.43 1.56 1.78 0.167 1.02 0.296 0.828 0.383 0.245 0.253 0.035 0.323 0.28 0.295 0
Capital Expenditure Coverage Ratio -0.762 -0.762 1.42 0.08 0.516 7.17 2.32 2.96 2.7 3.53 1.32 0.403 0.922 1.54 0.699 1.89 1.14 1.14 -0.289 0.995 1.35 1.66 2.93 2.39 2.32 2.24 2.42 1.25 0.22 2.53 1.07 1.44 0.981 0.82 2.1 0.157 0 1.15 0 0
EBIT Per Revenue -0.008 -0 0.079 -0.023 0.084 0.117 0.069 0.056 0.204 1.19 0.042 -0.01 0.091 0.939 0.178 0.252 -0.016 -0.016 0.064 0.076 0.183 0.174 0.087 0.075 0.08 0.084 0.139 0.101 0.104 0.056 0.059 0.104 0.096 0.096 0.078 0.07 0.144 0.144 0.151 -0.001
EBITDA Per Revenue 0.024 0.031 0.11 0.005 0.11 0.143 0.107 0.085 0.236 1.22 0.085 0.036 0.133 0.979 0.212 0.282 0.034 0.034 0.106 0.118 0.227 0.223 0.145 0.133 0.134 0.155 0.199 0.158 0.16 0.113 0.117 0.152 0.131 0.129 0.112 0.108 0.195 0.189 0.189 0.007
Days of Sales Outstanding 56.04 56.04 56.84 64.65 46.3 64.17 67.55 63.32 67.7 71.04 55 58.72 59.55 59.4 52.9 54.62 71.43 60.63 47.46 59.24 50.29 52.58 60.66 64.52 55.89 56.21 56.31 64.45 67.53 58.23 54.77 43.26 91 28.69 25.72 28.51 45.82 58.82 49.41 77.11
Days of Inventory Outstanding 0 0 149 129.8 135 97.56 136.6 130.3 155.5 113.8 103.3 112.9 110.8 90.88 157 127.8 100.3 100.3 120.3 102.2 98.99 99.11 92.72 114.3 102 123.7 117.7 103.3 132.7 100.7 109.4 141.9 301.1 177.6 159.7 164 162.4 124.5 107.1 149.2
Days of Payables Outstanding 47.95 47.95 54.31 56.3 42.02 32.48 29.86 36.1 33.61 37.8 30.78 29.2 34.05 38.98 40.94 59.91 51.36 48.4 43.24 34.98 32.59 36.98 38.42 46.34 46.39 53.92 39.52 33.41 36.41 35.22 32.74 110.4 256.7 143.8 151.1 156.6 164.2 135.7 0 0
Cash Conversion Cycle 8.09 8.09 151.5 138.1 139.3 129.2 174.3 157.5 189.6 147.1 127.5 142.4 136.3 111.3 168.9 122.5 120.3 112.5 124.6 126.5 116.7 114.7 115 132.5 111.5 126 134.5 134.4 163.8 123.7 131.4 74.75 135.4 62.53 34.26 35.91 44.01 47.6 156.5 226.3
Cash Conversion Ratio 0.616 0.616 0.407 -0.394 0.4 3.61 2.76 3.6 0.631 1.25 -5.02 -0.168 1.25 -1.19 0.45 1.34 -2.22 -2.22 30.62 -1.39 0.609 1.28 0.455 2.75 86.36 1.7 2.12 3.07 0.077 1.65 1.93 2.53 6.19 -0.415 -0.598 0.21 1.42 1.72 1.08 0
Free Cash Flow to Earnings 1.43 1.43 0.121 4.51 -0.375 3.11 1.57 2.38 0.397 0.895 -1.22 0.25 -0.106 -0.418 -0.194 0.631 -0.266 -0.266 136.8 0.007 0.159 0.51 0.3 1.6 49.18 0.942 1.24 0.619 -0.274 0.998 0.126 0.775 -0.121 0.091 -0.313 -1.13 1.42 0.223 1.08 0
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Discounting Cash Flows

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