View Past PerformanceValhi バランスシートの健全性財務の健全性 基準チェック /46Valhiの総株主資本は$1.4B 、総負債は$587.5Mで、負債比率は42%となります。総資産と総負債はそれぞれ$2.6Bと$1.2Bです。 Valhiの EBIT は$44.5Mで、利息カバレッジ比率0.9です。現金および短期投資は$212.4Mです。主要情報41.99%負債資本比率US$587.50m負債インタレスト・カバレッジ・レシオ0.9x現金US$212.40mエクイティUS$1.40b負債合計US$1.18b総資産US$2.57b財務の健全性に関する最新情報分析記事 • Nov 05We Think Valhi (NYSE:VHI) Is Taking Some Risk With Its DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...分析記事 • May 06Is Valhi (NYSE:VHI) Using Too Much Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...分析記事 • Jan 20We Think Valhi (NYSE:VHI) Is Taking Some Risk With Its DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...分析記事 • Sep 25Does Valhi (NYSE:VHI) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...分析記事 • May 21Here's Why Valhi (NYSE:VHI) Has A Meaningful Debt BurdenHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • Jul 13Is Valhi (NYSE:VHI) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...すべての更新を表示Recent updatesReported Earnings • 6hSecond quarter 2026 earnings released: EPS: US$0.78 (vs US$0.032 in 2Q 2025)Second quarter 2026 results: EPS: US$0.78 (up from US$0.032 in 2Q 2025). Revenue: US$627.6m (up 16% from 2Q 2025). Net income: US$22.3m (up US$21.4m from 2Q 2025). Profit margin: 3.6% (up from 0.2% in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.お知らせ • 9hValhi Declares Quarterly Dividend, Payable on September 24, 2026Valhi, Inc. announced that its board of directors has declared a regular quarterly dividend of eight cents ($0.08) per share on its common stock, payable on September 24, 2026 to stockholders of record at the close of business on September 3, 2026.お知らせ • Jul 15Valhi, Inc. to Report Q2, 2026 Results on Aug 06, 2026Valhi, Inc. announced that they will report Q2, 2026 results After-Market on Aug 06, 2026Seeking Alpha • Jul 09Valhi: Q2 Could Feel Energy Price IncreasesSummary Valhi trades at a ~36% NAV discount, but we believe there is no clear catalyst for closure. Q2 faces margin pressure from higher energy costs in VHI's chemicals segment, which we expect will be at least partially offset by rising TiO2 prices. End-market demand, especially in property and homebuilding, remains a concern and will likely reflect in ongoing economics, limiting upside for VHI's core products. The issue with NAV discount bets is that they can routinely remain in discount and usually do so indefinitely without specific catalysts. Read the full article on Seeking Alphaお知らせ • Jun 23Valhi, Inc. Announces Resignation of Mary A. Tidlund as Director, Effective June 30, 2026Valhi, Inc. reported that Mary A. Tidlund notified the registrant of her decision to resign as a director of the registrant. Her resignation from the board of directors of the registrant will be effective on June 30, 2026 and did not result from any disagreement with the registrant.Declared Dividend • May 25First quarter dividend of US$0.08 announcedDividend of US$0.08 is the same as last year. Ex-date: 4th June 2026 Payment date: 25th June 2026 Dividend yield will be 2.6%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (30% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments.お知らせ • May 23+ 1 more updateValhi, Inc. Announces Board and Committee ChangesValhi also announced that at its annual stockholder meeting held on May 21, 2026. Following the annual meeting of stockholders, on May 21, 2026 the Valhi board of directors appointed Randy L. Hill to fill the vacancy on the board resulting from the death of W. Hayden McIlroy on April 19, 2026. The board of directors also appointed Mr. Hill to serve on its audit committee.Reported Earnings • May 11First quarter 2026 earnings released: EPS: US$0.07 (vs US$0.59 in 1Q 2025)First quarter 2026 results: EPS: US$0.07 (down from US$0.59 in 1Q 2025). Revenue: US$564.2m (up 4.8% from 1Q 2025). Net income: US$2.00m (down 88% from 1Q 2025). Profit margin: 0.4% (down from 3.1% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.お知らせ • Apr 15Valhi, Inc. to Report Q1, 2026 Results on May 07, 2026Valhi, Inc. announced that they will report Q1, 2026 results After-Market on May 07, 2026お知らせ • Apr 02Valhi, Inc., Annual General Meeting, May 21, 2026Valhi, Inc., Annual General Meeting, May 21, 2026. Location: at three lincoln centre conference center, 5430 lbj freeway, suite 350, dallas, texas 75240-2620, United StatesNew Risk • Mar 12New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. The company is paying a dividend despite having no free cash flows. Dividend yield: 2.3% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 19% per year over the past 5 years.Reported Earnings • Mar 11Full year 2025 earnings released: US$2.02 loss per share (vs US$3.79 profit in FY 2024)Full year 2025 results: US$2.02 loss per share (down from US$3.79 profit in FY 2024). Revenue: US$2.14b (up 1.5% from FY 2024). Net loss: US$57.6m (down 153% from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.Declared Dividend • Mar 09Third quarter dividend of US$0.08 announcedDividend of US$0.08 is the same as last year. Ex-date: 16th March 2026 Payment date: 31st March 2026 Dividend yield will be 2.4%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is covered by earnings (50% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 45% to shift the payout ratio to a potentially unsustainable range, which is more than the 15% EPS decline seen over the last 5 years.お知らせ • Mar 06Valhi, Inc. Declares Quarterly Dividend, Payable on March 31, 2026Valhi, Inc. announced that its board of directors has declared a regular quarterly dividend of 8 cents ($0.08) per share on its common stock, payable on March 31, 2026 to stockholders of record at the close of business on March 16, 2026.お知らせ • Feb 11Valhi, Inc. to Report Q4, 2025 Results on Mar 10, 2026Valhi, Inc. announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Mar 10, 2026分析記事 • Feb 05Valhi, Inc. (NYSE:VHI) Surges 30% Yet Its Low P/S Is No Reason For ExcitementValhi, Inc. ( NYSE:VHI ) shareholders would be excited to see that the share price has had a great month, posting a 30...Valuation Update With 7 Day Price Move • Jan 08Investor sentiment improves as stock rises 15%After last week's 15% share price gain to US$13.89, the stock trades at a trailing P/E ratio of 21.4x. Average trailing P/E is 25x in the Chemicals industry in the US. Total loss to shareholders of 40% over the past three years.分析記事 • Jan 07Valhi (NYSE:VHI) Shareholders Will Want The ROCE Trajectory To ContinueThere are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...お知らせ • Dec 16Valhi, Inc. Announces Executive ChangesValhi, Inc. announced that on December 9, 2025, Patty S. Brinda, vice president and controller of the registrant, provided notice to the registrant that, effective as of December 31, 2025, she will retire as an officer of the registrant and an employee of Contran Corporation (“Contran”), the privately-held parent corporation of the registrant. Following such retirement notice of Ms. Brinda, the registrant’s board of directors took action to elect Edward R. Moore as vice president and controller of the registrant, effective as of January 1, 2026. Upon effectiveness of such election, Mr. Moore will serve as the registrant’s principal accounting officer. Mr. Moore, age 37, has served since 2024 as director of reporting and control for the registrant, Contran and various companies related to the registrant and Contran. From 2011 to 2024, Mr. Moore was employed by PricewaterhouseCoopers LLP, the registrant’s independent registered public accounting firm, most recently as an assurance director. . Moore is an employee of Contran and provides services to the registrant under an intercorporate services agreement between the registrant and Contran.Declared Dividend • Nov 10Third quarter dividend of US$0.08 announcedDividend of US$0.08 is the same as last year. Ex-date: 21st November 2025 Payment date: 18th December 2025 Dividend yield will be 2.3%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is covered by earnings (50% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 45% to shift the payout ratio to a potentially unsustainable range, which is more than the 15% EPS decline seen over the last 5 years.New Risk • Nov 07New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.9% Last year net profit margin: 4.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 7.6% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (0.9% net profit margin).Reported Earnings • Nov 07Third quarter 2025 earnings released: US$0.78 loss per share (vs US$2.02 profit in 3Q 2024)Third quarter 2025 results: US$0.78 loss per share (down from US$2.02 profit in 3Q 2024). Revenue: US$524.1m (down 1.8% from 3Q 2024). Net loss: US$22.2m (down 139% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.お知らせ • Nov 07Valhi, Inc. Declares Quarterly Dividend, Payable on December 18, 2025Valhi, Inc. announced that its board of directors has declared a regular quarterly dividend of eight cents ($0.08) per share on its common stock, payable on December 18, 2025 to stockholders of record at the close of business on November 21, 2025.分析記事 • Nov 05We Think Valhi (NYSE:VHI) Is Taking Some Risk With Its DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Valuation Update With 7 Day Price Move • Nov 04Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to US$12.61, the stock trades at a trailing P/E ratio of 3.6x. Average trailing P/E is 25x in the Chemicals industry in the US. Total loss to shareholders of 41% over the past three years.お知らせ • Oct 15Valhi, Inc. to Report Q3, 2025 Results on Nov 06, 2025Valhi, Inc. announced that they will report Q3, 2025 results at 4:00 PM, US Eastern Standard Time on Nov 06, 2025Upcoming Dividend • Aug 29Upcoming dividend of US$0.08 per shareEligible shareholders must have bought the stock before 05 September 2025. Payment date: 25 September 2025. Payout ratio is a comfortable 9.3% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of American dividend payers (4.4%). In line with average of industry peers (1.9%).分析記事 • Aug 11Valhi (NYSE:VHI) Has Announced A Dividend Of $0.08Valhi, Inc. ( NYSE:VHI ) has announced that it will pay a dividend of $0.08 per share on the 25th of September. This...Declared Dividend • Aug 11Second quarter dividend of US$0.08 announcedDividend of US$0.08 is the same as last year. Ex-date: 5th September 2025 Payment date: 25th September 2025 Dividend yield will be 2.1%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (9% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 20% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Aug 10Second quarter 2025 earnings released: EPS: US$0.032 (vs US$0.70 in 2Q 2024)Second quarter 2025 results: EPS: US$0.032 (down from US$0.70 in 2Q 2024). Revenue: US$540.4m (down 3.4% from 2Q 2024). Net income: US$900.0k (down 96% from 2Q 2024). Profit margin: 0.2% (down from 3.6% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 28% per year, which means it is performing significantly worse than earnings.お知らせ • Aug 08Valhi, Inc. Declares Quarterly Dividend on Common Stock, Payable on September 25, 2025Valhi, Inc. announced that its board of directors has declared a regular quarterly dividend of eight cents ($0.08) per share on its common stock, payable on September 25, 2025 to stockholders of record at the close of business on September 5, 2025.お知らせ • Jul 16Valhi, Inc. to Report Q2, 2025 Results on Aug 07, 2025Valhi, Inc. announced that they will report Q2, 2025 results After-Market on Aug 07, 2025分析記事 • Jul 03Valhi, Inc.'s (NYSE:VHI) Share Price Boosted 28% But Its Business Prospects Need A Lift TooValhi, Inc. ( NYSE:VHI ) shares have had a really impressive month, gaining 28% after a shaky period beforehand...Board Change • Jun 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. Independent Director Gina Norris was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.分析記事 • May 26Valhi (NYSE:VHI) Is Due To Pay A Dividend Of $0.08Valhi, Inc. ( NYSE:VHI ) has announced that it will pay a dividend of $0.08 per share on the 26th of June. This means...Declared Dividend • May 26First quarter dividend of US$0.08 announcedDividend of US$0.08 is the same as last year. Ex-date: 9th June 2025 Payment date: 26th June 2025 Dividend yield will be 2.1%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (8% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 16% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • May 25Valhi, Inc. Declares Regular Quarterly Dividend, Payable on June 26, 2025Valhi, Inc. announced that its board of directors has declared a regular quarterly dividend of $0.08 per share on its common stock, payable on June 26, 2025 to stockholders of record at the close of business on June 9, 2025.Valuation Update With 7 Day Price Move • May 15Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to US$14.89, the stock trades at a trailing P/E ratio of 3.6x. Average trailing P/E is 22x in the Chemicals industry in the US. Total loss to shareholders of 65% over the past three years.Reported Earnings • May 10First quarter 2025 earnings released: EPS: US$0.59 (vs US$0.27 in 1Q 2024)First quarter 2025 results: EPS: US$0.59 (up from US$0.27 in 1Q 2024). Revenue: US$538.6m (up 1.5% from 1Q 2024). Net income: US$16.9m (up 117% from 1Q 2024). Profit margin: 3.1% (up from 1.5% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings.分析記事 • May 06Is Valhi (NYSE:VHI) Using Too Much Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...お知らせ • Apr 16Valhi, Inc. to Report Q1, 2025 Results on May 08, 2025Valhi, Inc. announced that they will report Q1, 2025 results After-Market on May 08, 2025お知らせ • Apr 04Valhi, Inc., Annual General Meeting, May 22, 2025Valhi, Inc., Annual General Meeting, May 22, 2025. Location: three lincoln centre conference center, 5430 lbjfreeway, suite 350, texas 75240-2620, dallas, United StatesDeclared Dividend • Mar 10Fourth quarter dividend of US$0.08 announcedDividend of US$0.08 is the same as last year. Ex-date: 17th March 2025 Payment date: 28th March 2025 Dividend yield will be 1.9%, which is lower than the industry average of 2.0%. Sustainability & Growth Dividend is covered by both earnings (8% earnings payout ratio) and cash flows (69% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 17% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Mar 07Full year 2024 earnings released: EPS: US$3.79 (vs US$0.35 loss in FY 2023)Full year 2024 results: EPS: US$3.79 (up from US$0.35 loss in FY 2023). Revenue: US$2.10b (up 9.5% from FY 2023). Net income: US$108.0m (up US$117.9m from FY 2023). Profit margin: 5.1% (up from net loss in FY 2023). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.お知らせ • Mar 07Valhi, Inc. Declares Quarterly Dividend, Payable on March 28, 2025Valhi, Inc. announced that its board of directors has declared a regular quarterly dividend of $0.08 per share on its common stock, payable on March 28, 2025 to stockholders of record at the close of business on March 17, 2025.Valuation Update With 7 Day Price Move • Mar 03Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to US$15.91, the stock trades at a trailing P/E ratio of 5.1x. Average trailing P/E is 23x in the Chemicals industry in the US. Total loss to shareholders of 27% over the past three years.分析記事 • Feb 26Investors Don't See Light At End Of Valhi, Inc.'s (NYSE:VHI) Tunnel And Push Stock Down 28%The Valhi, Inc. ( NYSE:VHI ) share price has fared very poorly over the last month, falling by a substantial 28...分析記事 • Jan 20We Think Valhi (NYSE:VHI) Is Taking Some Risk With Its DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...分析記事 • Dec 21Valhi's (NYSE:VHI) Returns Have Hit A WallFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Upcoming Dividend • Nov 25Upcoming dividend of US$0.08 per shareEligible shareholders must have bought the stock before 29 November 2024. Payment date: 19 December 2024. Payout ratio is a comfortable 10% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of American dividend payers (4.2%). Lower than average of industry peers (1.9%).分析記事 • Nov 22Investors Don't See Light At End Of Valhi, Inc.'s (NYSE:VHI) Tunnel And Push Stock Down 28%Valhi, Inc. ( NYSE:VHI ) shareholders won't be pleased to see that the share price has had a very rough month, dropping...分析記事 • Nov 14There May Be Underlying Issues With The Quality Of Valhi's (NYSE:VHI) EarningsDespite announcing strong earnings, Valhi, Inc.'s ( NYSE:VHI ) stock was sluggish. We think that the market might be...Declared Dividend • Nov 11Third quarter dividend of US$0.08 announcedDividend of US$0.08 is the same as last year. Ex-date: 29th November 2024 Payment date: 19th December 2024 Dividend yield will be 1.0%, which is lower than the industry average of 2.0%. Sustainability & Growth Dividend is well covered by both earnings (10% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 7.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Nov 08Third quarter 2024 earnings released: EPS: US$2.02 (vs US$0.21 loss in 3Q 2023)Third quarter 2024 results: EPS: US$2.02 (up from US$0.21 loss in 3Q 2023). Revenue: US$558.8m (up 19% from 3Q 2023). Net income: US$57.5m (up US$63.5m from 3Q 2023). Profit margin: 10% (up from net loss in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.お知らせ • Nov 08Valhi Declares Quarterly Dividend, Payable on December 19, 2024Valhi, Inc. announced that its board of directors has declared a regular quarterly dividend of eight cents ($0.08) per share on its common stock, payable on December 19, 2024 to stockholders of record at the close of business on November 29, 2024.Valuation Update With 7 Day Price Move • Nov 06Investor sentiment improves as stock rises 15%After last week's 15% share price gain to US$40.80, the stock trades at a trailing P/E ratio of 46.9x. Average trailing P/E is 25x in the Chemicals industry in the US. Total returns to shareholders of 71% over the past three years.分析記事 • Oct 06Valhi, Inc. (NYSE:VHI) Stock Rockets 26% As Investors Are Less Pessimistic Than ExpectedDespite an already strong run, Valhi, Inc. ( NYSE:VHI ) shares have been powering on, with a gain of 26% in the last...Valuation Update With 7 Day Price Move • Sep 25Investor sentiment improves as stock rises 26%After last week's 26% share price gain to US$34.14, the stock trades at a trailing P/E ratio of 39.3x. Average trailing P/E is 26x in the Chemicals industry in the US. Total returns to shareholders of 50% over the past three years.分析記事 • Sep 25Does Valhi (NYSE:VHI) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Upcoming Dividend • Aug 30Upcoming dividend of US$0.08 per shareEligible shareholders must have bought the stock before 06 September 2024. Payment date: 26 September 2024. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of American dividend payers (4.3%). Lower than average of industry peers (1.9%).Valuation Update With 7 Day Price Move • Aug 29Investor sentiment improves as stock rises 15%After last week's 15% share price gain to US$28.21, the stock trades at a trailing P/E ratio of 32.4x. Average trailing P/E is 25x in the Chemicals industry in the US. Total returns to shareholders of 26% over the past three years.New Risk • Aug 20New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 20% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (10% average weekly change).分析記事 • Aug 16What Valhi, Inc.'s (NYSE:VHI) 29% Share Price Gain Is Not Telling YouValhi, Inc. ( NYSE:VHI ) shareholders have had their patience rewarded with a 29% share price jump in the last month...Valuation Update With 7 Day Price Move • Aug 15Investor sentiment improves as stock rises 27%After last week's 27% share price gain to US$21.85, the stock trades at a trailing P/E ratio of 25.1x. Average trailing P/E is 25x in the Chemicals industry in the US. Negligible returns to shareholders over past three years.分析記事 • Aug 12Valhi (NYSE:VHI) Will Pay A Dividend Of $0.08The board of Valhi, Inc. ( NYSE:VHI ) has announced that it will pay a dividend on the 26th of September, with...Declared Dividend • Aug 12Second quarter dividend of US$0.08 announcedDividend of US$0.08 is the same as last year. Ex-date: 6th September 2024 Payment date: 26th September 2024 Dividend yield will be 1.7%, which is lower than the industry average of 2.0%. Sustainability & Growth Dividend is well covered by both earnings (37% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 59% to shift the payout ratio to a potentially unsustainable range, which is more than the 33% EPS decline seen over the last 5 years.Reported Earnings • Aug 09Second quarter 2024 earnings released: EPS: US$0.70 (vs US$0.18 loss in 2Q 2023)Second quarter 2024 results: EPS: US$0.70 (up from US$0.18 loss in 2Q 2023). Revenue: US$563.4m (up 11% from 2Q 2023). Net income: US$19.9m (up US$25.0m from 2Q 2023). Profit margin: 3.5% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.お知らせ • Aug 09Valhi, Inc. Declares Quarterly Dividend, Payable on September 26, 2024Valhi, Inc. announced that its board of directors has declared a regular quarterly dividend of eight cents ($0.08) per share on its common stock, payable on September 26, 2024 to stockholders of record at the close of business on September 6, 2024.分析記事 • May 27Valhi (NYSE:VHI) Is Paying Out A Dividend Of $0.08The board of Valhi, Inc. ( NYSE:VHI ) has announced that it will pay a dividend of $0.08 per share on the 27th of June...Declared Dividend • May 27First quarter dividend of US$0.08 announcedDividend of US$0.08 is the same as last year. Ex-date: 10th June 2024 Payment date: 27th June 2024 Dividend yield will be 1.7%, which is lower than the industry average of 2.0%. Sustainability & Growth Dividend is not covered by earnings (dividend approximately 15x earnings). However, it is well covered by cash flows (20% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 1,589% to bring the payout ratio under control. However, EPS has declined by 68% over the last 5 years so the company would need to reverse this trend.分析記事 • May 24There's No Escaping Valhi, Inc.'s (NYSE:VHI) Muted Revenues Despite A 27% Share Price RiseDespite an already strong run, Valhi, Inc. ( NYSE:VHI ) shares have been powering on, with a gain of 27% in the last...お知らせ • May 24Valhi, Inc. Declares Quarterly Dividend, Payable on June 27, 2024Valhi, Inc. has declared a regular quarterly dividend of eight cents ($0.08) per share on its common stock, payable on June 27, 2024 to stockholders of record at the close of business on June 10, 2024.分析記事 • May 21Here's Why Valhi (NYSE:VHI) Has A Meaningful Debt BurdenHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Reported Earnings • May 11First quarter 2024 earnings released: EPS: US$0.27 (vs US$0.17 loss in 1Q 2023)First quarter 2024 results: EPS: US$0.27 (up from US$0.17 loss in 1Q 2023). Revenue: US$542.8m (up 10% from 1Q 2023). Net income: US$7.80m (up US$12.7m from 1Q 2023). Profit margin: 1.4% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.分析記事 • Apr 04Valhi, Inc. (NYSE:VHI) Shares Fly 27% But Investors Aren't Buying For GrowthValhi, Inc. ( NYSE:VHI ) shares have had a really impressive month, gaining 27% after a shaky period beforehand...お知らせ • Apr 04Valhi, Inc., Annual General Meeting, May 23, 2024Valhi, Inc., Annual General Meeting, May 23, 2024, at 10:00 Central Daylight. Location: Three Lincoln Centre Conference Center, 5430 LBJ Freeway, Suite 350, Dallas,Texas 75240-2620 Dallas Texas United States Agenda: To consider and approve Director Nominees; Nonbinding advisory vote approving named executive officer compensation; to approve, on a nonbinding advisory basis, named executive officer compensation; to transact such other business as may properly come before the meeting or any adjournment or postponement thereof; and to discuss other matters.Reported Earnings • Mar 08Full year 2023 earnings released: US$0.42 loss per share (vs US$3.17 profit in FY 2022)Full year 2023 results: US$0.42 loss per share (down from US$3.17 profit in FY 2022). Revenue: US$1.98b (down 11% from FY 2022). Net loss: US$12.1m (down 113% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.分析記事 • Mar 05Valhi (NYSE:VHI) Is Paying Out A Dividend Of $0.08Valhi, Inc. ( NYSE:VHI ) will pay a dividend of $0.08 on the 26th of March. The dividend yield will be 2.5% based on...Declared Dividend • Mar 04Third quarter dividend of US$0.08 announcedDividend of US$0.08 is the same as last year. Ex-date: 8th March 2024 Payment date: 26th March 2024 Dividend yield will be 2.5%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments.お知らせ • Mar 01Valhi, Inc. Declares a Regular Quarterly Dividend, Payable on March 26, 2024Valhi, Inc. announced that its board of directors has declared a regular quarterly dividend of eight cents ($0.08) per share on its common stock, payable on March 26, 2024 to stockholders of record at the close of business on March 11, 2024.分析記事 • Dec 21Revenues Working Against Valhi, Inc.'s (NYSE:VHI) Share PriceWhen you see that almost half of the companies in the Chemicals industry in the United States have price-to-sales...Upcoming Dividend • Nov 23Upcoming dividend of US$0.08 per share at 2.4% yieldEligible shareholders must have bought the stock before 30 November 2023. Payment date: 21 December 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of American dividend payers (5.0%). Higher than average of industry peers (2.1%).Reported Earnings • Nov 07Third quarter 2023 earnings released: US$0.21 loss per share (vs US$0.92 profit in 3Q 2022)Third quarter 2023 results: US$0.21 loss per share (down from US$0.92 profit in 3Q 2022). Revenue: US$476.4m (down 14% from 3Q 2022). Net loss: US$6.00m (down 123% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 6% per year.お知らせ • Nov 04Valhi, Inc. Announces Effective November 2, 2023, Elected Gina A. Norris to the Board of DirectorsValhi, Inc. announced Effective November 2, 2023, the registrant’s board of directors elected Gina A. Norris to fill the vacancy on the registrant’s board of directors, to serve as a director until her successor is elected and qualified or her earlier resignation, removal or death. The board of directors also appointed Ms. Norris to serve on its audit committee. Ms. Norris, age 65, has been senior vice president, partner relations at Matthews Southwest, a private real estate development company, since 2013. She has served as a director of Encore Wire Corporation, a publicly traded manufacturer of wire products, since 2020 and serves on that board’s audit committee, sustainability committee (as chair), compensation committee, and nominating and corporate governance committee. Ms. Norris also serves as an independent director of Texas Security Bankshares, Inc., a privately held bank holding company, and as a director of the State Fair of Texas, a private nonprofit, where she was board chair from 2019 to 2022. From 2010 to 2012, Ms. Norris was president of Stratford Lending, an affiliate of Stratford Land, a private real estate investment fund based in Dallas, Texas. From 2000 to 2010, Ms. Norris served as managing director at Crow Holdings, a private investment company, where she was responsible for a portfolio of investments in real estate, industrial manufacturing and real estate-based operating businesses in the U.S. and Europe. Ms. Norris started her career in 1982, spending eighteen years in corporate banking at First Chicago and Bank One. She is also a CFA charterholder. She was also appointed on November 1, 2023 to the board of directors and audit committee of CompX International Inc., one of the registrant’s publicly traded subsidiaries.お知らせ • Nov 03Valhi, Inc. Declares Regular Quarterly Dividend, Payable on December 21, 2023Valhi, Inc. announced that its board of directors has declared a regular quarterly dividend of eight cents ($0.08) per share on its common stock, payable on December 21, 2023 to stockholders of record at the close of business on December 1, 2023.お知らせ • Nov 02Valhi, Inc. Announces Resignation of Kevin B. Krame from the Board of DirectorsOn October 25, 2023, Kevin B. Kramer resigned as a member of the board of directors of Valhi, Inc. . Mr. Kramer’s resignation did not result from any disagreement with the registrant and followed his appointment on October 25, 2023 as a director of Kronos Worldwide, Inc., one of the registrant’s publicly traded subsidiaries.分析記事 • Aug 28Valhi (NYSE:VHI) Has Announced A Dividend Of $0.08The board of Valhi, Inc. ( NYSE:VHI ) has announced that it will pay a dividend on the 21st of September, with...Upcoming Dividend • Aug 24Upcoming dividend of US$0.08 per share at 2.5% yieldEligible shareholders must have bought the stock before 31 August 2023. Payment date: 21 September 2023. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 2.5%. Lower than top quartile of American dividend payers (4.9%). Higher than average of industry peers (2.1%).Seeking Alpha • Aug 10Valhi: Share Price Has Plummeted, Time To Get In?Summary Valhi, Inc.'s share price has been consistently declining, with investors losing over 70% of their initial investment in the past year. The company operates in the specialty chemicals industry and has shown decent growth in both top and bottom lines. Valhi's diversification across industries and global presence provide some stability, but the company's low return on assets and declining sales volumes are concerning. Read the full article on Seeking Alpha分析記事 • Aug 07Valhi's (NYSE:VHI) Dividend Will Be $0.08The board of Valhi, Inc. ( NYSE:VHI ) has announced that it will pay a dividend on the 21st of September, with...New Risk • Aug 07New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 134% The company is paying a dividend despite having no free cash flows. Dividend yield: 2.3% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 134% Paying a dividend despite having no free cash flows. Earnings have declined by 26% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.3% net profit margin).Reported Earnings • Aug 04Second quarter 2023 earnings released: US$0.18 loss per share (vs US$0.98 profit in 2Q 2022)Second quarter 2023 results: US$0.18 loss per share (down from US$0.98 profit in 2Q 2022). Revenue: US$517.6m (down 20% from 2Q 2022). Net loss: US$5.10m (down 118% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 04Valhi, Inc. Announces Quarterly Cash Dividend, Payable on September 21, 2023Valhi, Inc. announced that its board of directors has declared a regular quarterly dividend of eight cents ($0.08) per share on its common stock, payable on September 21, 2023 to stockholders of record at the close of business on September 1, 2023.分析記事 • Jul 13Is Valhi (NYSE:VHI) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...分析記事 • May 29Valhi (NYSE:VHI) Is Due To Pay A Dividend Of $0.08Valhi, Inc. ( NYSE:VHI ) will pay a dividend of $0.08 on the 22nd of June. This means that the annual payment will be...Reported Earnings • May 06First quarter 2023 earnings released: US$0.17 loss per share (vs US$1.59 profit in 1Q 2022)First quarter 2023 results: US$0.17 loss per share (down from US$1.59 profit in 1Q 2022). Revenue: US$505.8m (down 18% from 1Q 2022). Net loss: US$4.90m (down 111% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Mar 16Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to US$17.58, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 13x in the Chemicals industry in the US. Total returns to shareholders of 49% over the past three years.Reported Earnings • Mar 10Full year 2022 earnings released: EPS: US$3.17 (vs US$4.46 in FY 2021)Full year 2022 results: EPS: US$3.17 (down from US$4.46 in FY 2021). Revenue: US$2.27b (down 1.3% from FY 2021). Net income: US$90.2m (down 29% from FY 2021). Profit margin: 4.0% (down from 5.5% in FY 2021). Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.財務状況分析短期負債: VHIの 短期資産 ( $1.2B ) が 短期負債 ( $361.2M ) を超えています。長期負債: VHIの短期資産 ( $1.2B ) が 長期負債 ( $814.2M ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: VHIの 純負債対資本比率 ( 26.8% ) は 満足できる 水準であると考えられます。負債の削減: VHIの負債対資本比率は、過去 5 年間で71.3%から42%に減少しました。債務返済能力: VHIの負債は 営業キャッシュフロー によって 十分にカバーされていません ( 19% )。インタレストカバレッジ: VHIの負債に対する 利息支払い は EBIT ( 0.9 x coverage) によって 十分にカバーされていません。貸借対照表健全な企業の発掘7D1Y7D1Y7D1YMaterials 業界の健全な企業。View Dividend企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/08/07 01:03終値2026/08/07 00:00収益2026/06/30年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Valhi, Inc. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。2 アナリスト機関Patrick Duffy FischerBarclaysMichael LeitheadBarclays
分析記事 • Nov 05We Think Valhi (NYSE:VHI) Is Taking Some Risk With Its DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
分析記事 • May 06Is Valhi (NYSE:VHI) Using Too Much Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
分析記事 • Jan 20We Think Valhi (NYSE:VHI) Is Taking Some Risk With Its DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
分析記事 • Sep 25Does Valhi (NYSE:VHI) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
分析記事 • May 21Here's Why Valhi (NYSE:VHI) Has A Meaningful Debt BurdenHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
分析記事 • Jul 13Is Valhi (NYSE:VHI) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Reported Earnings • 6hSecond quarter 2026 earnings released: EPS: US$0.78 (vs US$0.032 in 2Q 2025)Second quarter 2026 results: EPS: US$0.78 (up from US$0.032 in 2Q 2025). Revenue: US$627.6m (up 16% from 2Q 2025). Net income: US$22.3m (up US$21.4m from 2Q 2025). Profit margin: 3.6% (up from 0.2% in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
お知らせ • 9hValhi Declares Quarterly Dividend, Payable on September 24, 2026Valhi, Inc. announced that its board of directors has declared a regular quarterly dividend of eight cents ($0.08) per share on its common stock, payable on September 24, 2026 to stockholders of record at the close of business on September 3, 2026.
お知らせ • Jul 15Valhi, Inc. to Report Q2, 2026 Results on Aug 06, 2026Valhi, Inc. announced that they will report Q2, 2026 results After-Market on Aug 06, 2026
Seeking Alpha • Jul 09Valhi: Q2 Could Feel Energy Price IncreasesSummary Valhi trades at a ~36% NAV discount, but we believe there is no clear catalyst for closure. Q2 faces margin pressure from higher energy costs in VHI's chemicals segment, which we expect will be at least partially offset by rising TiO2 prices. End-market demand, especially in property and homebuilding, remains a concern and will likely reflect in ongoing economics, limiting upside for VHI's core products. The issue with NAV discount bets is that they can routinely remain in discount and usually do so indefinitely without specific catalysts. Read the full article on Seeking Alpha
お知らせ • Jun 23Valhi, Inc. Announces Resignation of Mary A. Tidlund as Director, Effective June 30, 2026Valhi, Inc. reported that Mary A. Tidlund notified the registrant of her decision to resign as a director of the registrant. Her resignation from the board of directors of the registrant will be effective on June 30, 2026 and did not result from any disagreement with the registrant.
Declared Dividend • May 25First quarter dividend of US$0.08 announcedDividend of US$0.08 is the same as last year. Ex-date: 4th June 2026 Payment date: 25th June 2026 Dividend yield will be 2.6%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (30% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments.
お知らせ • May 23+ 1 more updateValhi, Inc. Announces Board and Committee ChangesValhi also announced that at its annual stockholder meeting held on May 21, 2026. Following the annual meeting of stockholders, on May 21, 2026 the Valhi board of directors appointed Randy L. Hill to fill the vacancy on the board resulting from the death of W. Hayden McIlroy on April 19, 2026. The board of directors also appointed Mr. Hill to serve on its audit committee.
Reported Earnings • May 11First quarter 2026 earnings released: EPS: US$0.07 (vs US$0.59 in 1Q 2025)First quarter 2026 results: EPS: US$0.07 (down from US$0.59 in 1Q 2025). Revenue: US$564.2m (up 4.8% from 1Q 2025). Net income: US$2.00m (down 88% from 1Q 2025). Profit margin: 0.4% (down from 3.1% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
お知らせ • Apr 15Valhi, Inc. to Report Q1, 2026 Results on May 07, 2026Valhi, Inc. announced that they will report Q1, 2026 results After-Market on May 07, 2026
お知らせ • Apr 02Valhi, Inc., Annual General Meeting, May 21, 2026Valhi, Inc., Annual General Meeting, May 21, 2026. Location: at three lincoln centre conference center, 5430 lbj freeway, suite 350, dallas, texas 75240-2620, United States
New Risk • Mar 12New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. The company is paying a dividend despite having no free cash flows. Dividend yield: 2.3% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 19% per year over the past 5 years.
Reported Earnings • Mar 11Full year 2025 earnings released: US$2.02 loss per share (vs US$3.79 profit in FY 2024)Full year 2025 results: US$2.02 loss per share (down from US$3.79 profit in FY 2024). Revenue: US$2.14b (up 1.5% from FY 2024). Net loss: US$57.6m (down 153% from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
Declared Dividend • Mar 09Third quarter dividend of US$0.08 announcedDividend of US$0.08 is the same as last year. Ex-date: 16th March 2026 Payment date: 31st March 2026 Dividend yield will be 2.4%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is covered by earnings (50% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 45% to shift the payout ratio to a potentially unsustainable range, which is more than the 15% EPS decline seen over the last 5 years.
お知らせ • Mar 06Valhi, Inc. Declares Quarterly Dividend, Payable on March 31, 2026Valhi, Inc. announced that its board of directors has declared a regular quarterly dividend of 8 cents ($0.08) per share on its common stock, payable on March 31, 2026 to stockholders of record at the close of business on March 16, 2026.
お知らせ • Feb 11Valhi, Inc. to Report Q4, 2025 Results on Mar 10, 2026Valhi, Inc. announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Mar 10, 2026
分析記事 • Feb 05Valhi, Inc. (NYSE:VHI) Surges 30% Yet Its Low P/S Is No Reason For ExcitementValhi, Inc. ( NYSE:VHI ) shareholders would be excited to see that the share price has had a great month, posting a 30...
Valuation Update With 7 Day Price Move • Jan 08Investor sentiment improves as stock rises 15%After last week's 15% share price gain to US$13.89, the stock trades at a trailing P/E ratio of 21.4x. Average trailing P/E is 25x in the Chemicals industry in the US. Total loss to shareholders of 40% over the past three years.
分析記事 • Jan 07Valhi (NYSE:VHI) Shareholders Will Want The ROCE Trajectory To ContinueThere are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...
お知らせ • Dec 16Valhi, Inc. Announces Executive ChangesValhi, Inc. announced that on December 9, 2025, Patty S. Brinda, vice president and controller of the registrant, provided notice to the registrant that, effective as of December 31, 2025, she will retire as an officer of the registrant and an employee of Contran Corporation (“Contran”), the privately-held parent corporation of the registrant. Following such retirement notice of Ms. Brinda, the registrant’s board of directors took action to elect Edward R. Moore as vice president and controller of the registrant, effective as of January 1, 2026. Upon effectiveness of such election, Mr. Moore will serve as the registrant’s principal accounting officer. Mr. Moore, age 37, has served since 2024 as director of reporting and control for the registrant, Contran and various companies related to the registrant and Contran. From 2011 to 2024, Mr. Moore was employed by PricewaterhouseCoopers LLP, the registrant’s independent registered public accounting firm, most recently as an assurance director. . Moore is an employee of Contran and provides services to the registrant under an intercorporate services agreement between the registrant and Contran.
Declared Dividend • Nov 10Third quarter dividend of US$0.08 announcedDividend of US$0.08 is the same as last year. Ex-date: 21st November 2025 Payment date: 18th December 2025 Dividend yield will be 2.3%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is covered by earnings (50% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 45% to shift the payout ratio to a potentially unsustainable range, which is more than the 15% EPS decline seen over the last 5 years.
New Risk • Nov 07New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.9% Last year net profit margin: 4.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 7.6% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (0.9% net profit margin).
Reported Earnings • Nov 07Third quarter 2025 earnings released: US$0.78 loss per share (vs US$2.02 profit in 3Q 2024)Third quarter 2025 results: US$0.78 loss per share (down from US$2.02 profit in 3Q 2024). Revenue: US$524.1m (down 1.8% from 3Q 2024). Net loss: US$22.2m (down 139% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.
お知らせ • Nov 07Valhi, Inc. Declares Quarterly Dividend, Payable on December 18, 2025Valhi, Inc. announced that its board of directors has declared a regular quarterly dividend of eight cents ($0.08) per share on its common stock, payable on December 18, 2025 to stockholders of record at the close of business on November 21, 2025.
分析記事 • Nov 05We Think Valhi (NYSE:VHI) Is Taking Some Risk With Its DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Valuation Update With 7 Day Price Move • Nov 04Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to US$12.61, the stock trades at a trailing P/E ratio of 3.6x. Average trailing P/E is 25x in the Chemicals industry in the US. Total loss to shareholders of 41% over the past three years.
お知らせ • Oct 15Valhi, Inc. to Report Q3, 2025 Results on Nov 06, 2025Valhi, Inc. announced that they will report Q3, 2025 results at 4:00 PM, US Eastern Standard Time on Nov 06, 2025
Upcoming Dividend • Aug 29Upcoming dividend of US$0.08 per shareEligible shareholders must have bought the stock before 05 September 2025. Payment date: 25 September 2025. Payout ratio is a comfortable 9.3% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of American dividend payers (4.4%). In line with average of industry peers (1.9%).
分析記事 • Aug 11Valhi (NYSE:VHI) Has Announced A Dividend Of $0.08Valhi, Inc. ( NYSE:VHI ) has announced that it will pay a dividend of $0.08 per share on the 25th of September. This...
Declared Dividend • Aug 11Second quarter dividend of US$0.08 announcedDividend of US$0.08 is the same as last year. Ex-date: 5th September 2025 Payment date: 25th September 2025 Dividend yield will be 2.1%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (9% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 20% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Aug 10Second quarter 2025 earnings released: EPS: US$0.032 (vs US$0.70 in 2Q 2024)Second quarter 2025 results: EPS: US$0.032 (down from US$0.70 in 2Q 2024). Revenue: US$540.4m (down 3.4% from 2Q 2024). Net income: US$900.0k (down 96% from 2Q 2024). Profit margin: 0.2% (down from 3.6% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 28% per year, which means it is performing significantly worse than earnings.
お知らせ • Aug 08Valhi, Inc. Declares Quarterly Dividend on Common Stock, Payable on September 25, 2025Valhi, Inc. announced that its board of directors has declared a regular quarterly dividend of eight cents ($0.08) per share on its common stock, payable on September 25, 2025 to stockholders of record at the close of business on September 5, 2025.
お知らせ • Jul 16Valhi, Inc. to Report Q2, 2025 Results on Aug 07, 2025Valhi, Inc. announced that they will report Q2, 2025 results After-Market on Aug 07, 2025
分析記事 • Jul 03Valhi, Inc.'s (NYSE:VHI) Share Price Boosted 28% But Its Business Prospects Need A Lift TooValhi, Inc. ( NYSE:VHI ) shares have had a really impressive month, gaining 28% after a shaky period beforehand...
Board Change • Jun 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. Independent Director Gina Norris was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
分析記事 • May 26Valhi (NYSE:VHI) Is Due To Pay A Dividend Of $0.08Valhi, Inc. ( NYSE:VHI ) has announced that it will pay a dividend of $0.08 per share on the 26th of June. This means...
Declared Dividend • May 26First quarter dividend of US$0.08 announcedDividend of US$0.08 is the same as last year. Ex-date: 9th June 2025 Payment date: 26th June 2025 Dividend yield will be 2.1%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (8% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 16% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • May 25Valhi, Inc. Declares Regular Quarterly Dividend, Payable on June 26, 2025Valhi, Inc. announced that its board of directors has declared a regular quarterly dividend of $0.08 per share on its common stock, payable on June 26, 2025 to stockholders of record at the close of business on June 9, 2025.
Valuation Update With 7 Day Price Move • May 15Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to US$14.89, the stock trades at a trailing P/E ratio of 3.6x. Average trailing P/E is 22x in the Chemicals industry in the US. Total loss to shareholders of 65% over the past three years.
Reported Earnings • May 10First quarter 2025 earnings released: EPS: US$0.59 (vs US$0.27 in 1Q 2024)First quarter 2025 results: EPS: US$0.59 (up from US$0.27 in 1Q 2024). Revenue: US$538.6m (up 1.5% from 1Q 2024). Net income: US$16.9m (up 117% from 1Q 2024). Profit margin: 3.1% (up from 1.5% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings.
分析記事 • May 06Is Valhi (NYSE:VHI) Using Too Much Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
お知らせ • Apr 16Valhi, Inc. to Report Q1, 2025 Results on May 08, 2025Valhi, Inc. announced that they will report Q1, 2025 results After-Market on May 08, 2025
お知らせ • Apr 04Valhi, Inc., Annual General Meeting, May 22, 2025Valhi, Inc., Annual General Meeting, May 22, 2025. Location: three lincoln centre conference center, 5430 lbjfreeway, suite 350, texas 75240-2620, dallas, United States
Declared Dividend • Mar 10Fourth quarter dividend of US$0.08 announcedDividend of US$0.08 is the same as last year. Ex-date: 17th March 2025 Payment date: 28th March 2025 Dividend yield will be 1.9%, which is lower than the industry average of 2.0%. Sustainability & Growth Dividend is covered by both earnings (8% earnings payout ratio) and cash flows (69% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 17% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Mar 07Full year 2024 earnings released: EPS: US$3.79 (vs US$0.35 loss in FY 2023)Full year 2024 results: EPS: US$3.79 (up from US$0.35 loss in FY 2023). Revenue: US$2.10b (up 9.5% from FY 2023). Net income: US$108.0m (up US$117.9m from FY 2023). Profit margin: 5.1% (up from net loss in FY 2023). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 07Valhi, Inc. Declares Quarterly Dividend, Payable on March 28, 2025Valhi, Inc. announced that its board of directors has declared a regular quarterly dividend of $0.08 per share on its common stock, payable on March 28, 2025 to stockholders of record at the close of business on March 17, 2025.
Valuation Update With 7 Day Price Move • Mar 03Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to US$15.91, the stock trades at a trailing P/E ratio of 5.1x. Average trailing P/E is 23x in the Chemicals industry in the US. Total loss to shareholders of 27% over the past three years.
分析記事 • Feb 26Investors Don't See Light At End Of Valhi, Inc.'s (NYSE:VHI) Tunnel And Push Stock Down 28%The Valhi, Inc. ( NYSE:VHI ) share price has fared very poorly over the last month, falling by a substantial 28...
分析記事 • Jan 20We Think Valhi (NYSE:VHI) Is Taking Some Risk With Its DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
分析記事 • Dec 21Valhi's (NYSE:VHI) Returns Have Hit A WallFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Upcoming Dividend • Nov 25Upcoming dividend of US$0.08 per shareEligible shareholders must have bought the stock before 29 November 2024. Payment date: 19 December 2024. Payout ratio is a comfortable 10% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of American dividend payers (4.2%). Lower than average of industry peers (1.9%).
分析記事 • Nov 22Investors Don't See Light At End Of Valhi, Inc.'s (NYSE:VHI) Tunnel And Push Stock Down 28%Valhi, Inc. ( NYSE:VHI ) shareholders won't be pleased to see that the share price has had a very rough month, dropping...
分析記事 • Nov 14There May Be Underlying Issues With The Quality Of Valhi's (NYSE:VHI) EarningsDespite announcing strong earnings, Valhi, Inc.'s ( NYSE:VHI ) stock was sluggish. We think that the market might be...
Declared Dividend • Nov 11Third quarter dividend of US$0.08 announcedDividend of US$0.08 is the same as last year. Ex-date: 29th November 2024 Payment date: 19th December 2024 Dividend yield will be 1.0%, which is lower than the industry average of 2.0%. Sustainability & Growth Dividend is well covered by both earnings (10% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 7.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Nov 08Third quarter 2024 earnings released: EPS: US$2.02 (vs US$0.21 loss in 3Q 2023)Third quarter 2024 results: EPS: US$2.02 (up from US$0.21 loss in 3Q 2023). Revenue: US$558.8m (up 19% from 3Q 2023). Net income: US$57.5m (up US$63.5m from 3Q 2023). Profit margin: 10% (up from net loss in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.
お知らせ • Nov 08Valhi Declares Quarterly Dividend, Payable on December 19, 2024Valhi, Inc. announced that its board of directors has declared a regular quarterly dividend of eight cents ($0.08) per share on its common stock, payable on December 19, 2024 to stockholders of record at the close of business on November 29, 2024.
Valuation Update With 7 Day Price Move • Nov 06Investor sentiment improves as stock rises 15%After last week's 15% share price gain to US$40.80, the stock trades at a trailing P/E ratio of 46.9x. Average trailing P/E is 25x in the Chemicals industry in the US. Total returns to shareholders of 71% over the past three years.
分析記事 • Oct 06Valhi, Inc. (NYSE:VHI) Stock Rockets 26% As Investors Are Less Pessimistic Than ExpectedDespite an already strong run, Valhi, Inc. ( NYSE:VHI ) shares have been powering on, with a gain of 26% in the last...
Valuation Update With 7 Day Price Move • Sep 25Investor sentiment improves as stock rises 26%After last week's 26% share price gain to US$34.14, the stock trades at a trailing P/E ratio of 39.3x. Average trailing P/E is 26x in the Chemicals industry in the US. Total returns to shareholders of 50% over the past three years.
分析記事 • Sep 25Does Valhi (NYSE:VHI) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Upcoming Dividend • Aug 30Upcoming dividend of US$0.08 per shareEligible shareholders must have bought the stock before 06 September 2024. Payment date: 26 September 2024. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of American dividend payers (4.3%). Lower than average of industry peers (1.9%).
Valuation Update With 7 Day Price Move • Aug 29Investor sentiment improves as stock rises 15%After last week's 15% share price gain to US$28.21, the stock trades at a trailing P/E ratio of 32.4x. Average trailing P/E is 25x in the Chemicals industry in the US. Total returns to shareholders of 26% over the past three years.
New Risk • Aug 20New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 20% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (10% average weekly change).
分析記事 • Aug 16What Valhi, Inc.'s (NYSE:VHI) 29% Share Price Gain Is Not Telling YouValhi, Inc. ( NYSE:VHI ) shareholders have had their patience rewarded with a 29% share price jump in the last month...
Valuation Update With 7 Day Price Move • Aug 15Investor sentiment improves as stock rises 27%After last week's 27% share price gain to US$21.85, the stock trades at a trailing P/E ratio of 25.1x. Average trailing P/E is 25x in the Chemicals industry in the US. Negligible returns to shareholders over past three years.
分析記事 • Aug 12Valhi (NYSE:VHI) Will Pay A Dividend Of $0.08The board of Valhi, Inc. ( NYSE:VHI ) has announced that it will pay a dividend on the 26th of September, with...
Declared Dividend • Aug 12Second quarter dividend of US$0.08 announcedDividend of US$0.08 is the same as last year. Ex-date: 6th September 2024 Payment date: 26th September 2024 Dividend yield will be 1.7%, which is lower than the industry average of 2.0%. Sustainability & Growth Dividend is well covered by both earnings (37% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 59% to shift the payout ratio to a potentially unsustainable range, which is more than the 33% EPS decline seen over the last 5 years.
Reported Earnings • Aug 09Second quarter 2024 earnings released: EPS: US$0.70 (vs US$0.18 loss in 2Q 2023)Second quarter 2024 results: EPS: US$0.70 (up from US$0.18 loss in 2Q 2023). Revenue: US$563.4m (up 11% from 2Q 2023). Net income: US$19.9m (up US$25.0m from 2Q 2023). Profit margin: 3.5% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.
お知らせ • Aug 09Valhi, Inc. Declares Quarterly Dividend, Payable on September 26, 2024Valhi, Inc. announced that its board of directors has declared a regular quarterly dividend of eight cents ($0.08) per share on its common stock, payable on September 26, 2024 to stockholders of record at the close of business on September 6, 2024.
分析記事 • May 27Valhi (NYSE:VHI) Is Paying Out A Dividend Of $0.08The board of Valhi, Inc. ( NYSE:VHI ) has announced that it will pay a dividend of $0.08 per share on the 27th of June...
Declared Dividend • May 27First quarter dividend of US$0.08 announcedDividend of US$0.08 is the same as last year. Ex-date: 10th June 2024 Payment date: 27th June 2024 Dividend yield will be 1.7%, which is lower than the industry average of 2.0%. Sustainability & Growth Dividend is not covered by earnings (dividend approximately 15x earnings). However, it is well covered by cash flows (20% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 1,589% to bring the payout ratio under control. However, EPS has declined by 68% over the last 5 years so the company would need to reverse this trend.
分析記事 • May 24There's No Escaping Valhi, Inc.'s (NYSE:VHI) Muted Revenues Despite A 27% Share Price RiseDespite an already strong run, Valhi, Inc. ( NYSE:VHI ) shares have been powering on, with a gain of 27% in the last...
お知らせ • May 24Valhi, Inc. Declares Quarterly Dividend, Payable on June 27, 2024Valhi, Inc. has declared a regular quarterly dividend of eight cents ($0.08) per share on its common stock, payable on June 27, 2024 to stockholders of record at the close of business on June 10, 2024.
分析記事 • May 21Here's Why Valhi (NYSE:VHI) Has A Meaningful Debt BurdenHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Reported Earnings • May 11First quarter 2024 earnings released: EPS: US$0.27 (vs US$0.17 loss in 1Q 2023)First quarter 2024 results: EPS: US$0.27 (up from US$0.17 loss in 1Q 2023). Revenue: US$542.8m (up 10% from 1Q 2023). Net income: US$7.80m (up US$12.7m from 1Q 2023). Profit margin: 1.4% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.
分析記事 • Apr 04Valhi, Inc. (NYSE:VHI) Shares Fly 27% But Investors Aren't Buying For GrowthValhi, Inc. ( NYSE:VHI ) shares have had a really impressive month, gaining 27% after a shaky period beforehand...
お知らせ • Apr 04Valhi, Inc., Annual General Meeting, May 23, 2024Valhi, Inc., Annual General Meeting, May 23, 2024, at 10:00 Central Daylight. Location: Three Lincoln Centre Conference Center, 5430 LBJ Freeway, Suite 350, Dallas,Texas 75240-2620 Dallas Texas United States Agenda: To consider and approve Director Nominees; Nonbinding advisory vote approving named executive officer compensation; to approve, on a nonbinding advisory basis, named executive officer compensation; to transact such other business as may properly come before the meeting or any adjournment or postponement thereof; and to discuss other matters.
Reported Earnings • Mar 08Full year 2023 earnings released: US$0.42 loss per share (vs US$3.17 profit in FY 2022)Full year 2023 results: US$0.42 loss per share (down from US$3.17 profit in FY 2022). Revenue: US$1.98b (down 11% from FY 2022). Net loss: US$12.1m (down 113% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
分析記事 • Mar 05Valhi (NYSE:VHI) Is Paying Out A Dividend Of $0.08Valhi, Inc. ( NYSE:VHI ) will pay a dividend of $0.08 on the 26th of March. The dividend yield will be 2.5% based on...
Declared Dividend • Mar 04Third quarter dividend of US$0.08 announcedDividend of US$0.08 is the same as last year. Ex-date: 8th March 2024 Payment date: 26th March 2024 Dividend yield will be 2.5%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments.
お知らせ • Mar 01Valhi, Inc. Declares a Regular Quarterly Dividend, Payable on March 26, 2024Valhi, Inc. announced that its board of directors has declared a regular quarterly dividend of eight cents ($0.08) per share on its common stock, payable on March 26, 2024 to stockholders of record at the close of business on March 11, 2024.
分析記事 • Dec 21Revenues Working Against Valhi, Inc.'s (NYSE:VHI) Share PriceWhen you see that almost half of the companies in the Chemicals industry in the United States have price-to-sales...
Upcoming Dividend • Nov 23Upcoming dividend of US$0.08 per share at 2.4% yieldEligible shareholders must have bought the stock before 30 November 2023. Payment date: 21 December 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of American dividend payers (5.0%). Higher than average of industry peers (2.1%).
Reported Earnings • Nov 07Third quarter 2023 earnings released: US$0.21 loss per share (vs US$0.92 profit in 3Q 2022)Third quarter 2023 results: US$0.21 loss per share (down from US$0.92 profit in 3Q 2022). Revenue: US$476.4m (down 14% from 3Q 2022). Net loss: US$6.00m (down 123% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 6% per year.
お知らせ • Nov 04Valhi, Inc. Announces Effective November 2, 2023, Elected Gina A. Norris to the Board of DirectorsValhi, Inc. announced Effective November 2, 2023, the registrant’s board of directors elected Gina A. Norris to fill the vacancy on the registrant’s board of directors, to serve as a director until her successor is elected and qualified or her earlier resignation, removal or death. The board of directors also appointed Ms. Norris to serve on its audit committee. Ms. Norris, age 65, has been senior vice president, partner relations at Matthews Southwest, a private real estate development company, since 2013. She has served as a director of Encore Wire Corporation, a publicly traded manufacturer of wire products, since 2020 and serves on that board’s audit committee, sustainability committee (as chair), compensation committee, and nominating and corporate governance committee. Ms. Norris also serves as an independent director of Texas Security Bankshares, Inc., a privately held bank holding company, and as a director of the State Fair of Texas, a private nonprofit, where she was board chair from 2019 to 2022. From 2010 to 2012, Ms. Norris was president of Stratford Lending, an affiliate of Stratford Land, a private real estate investment fund based in Dallas, Texas. From 2000 to 2010, Ms. Norris served as managing director at Crow Holdings, a private investment company, where she was responsible for a portfolio of investments in real estate, industrial manufacturing and real estate-based operating businesses in the U.S. and Europe. Ms. Norris started her career in 1982, spending eighteen years in corporate banking at First Chicago and Bank One. She is also a CFA charterholder. She was also appointed on November 1, 2023 to the board of directors and audit committee of CompX International Inc., one of the registrant’s publicly traded subsidiaries.
お知らせ • Nov 03Valhi, Inc. Declares Regular Quarterly Dividend, Payable on December 21, 2023Valhi, Inc. announced that its board of directors has declared a regular quarterly dividend of eight cents ($0.08) per share on its common stock, payable on December 21, 2023 to stockholders of record at the close of business on December 1, 2023.
お知らせ • Nov 02Valhi, Inc. Announces Resignation of Kevin B. Krame from the Board of DirectorsOn October 25, 2023, Kevin B. Kramer resigned as a member of the board of directors of Valhi, Inc. . Mr. Kramer’s resignation did not result from any disagreement with the registrant and followed his appointment on October 25, 2023 as a director of Kronos Worldwide, Inc., one of the registrant’s publicly traded subsidiaries.
分析記事 • Aug 28Valhi (NYSE:VHI) Has Announced A Dividend Of $0.08The board of Valhi, Inc. ( NYSE:VHI ) has announced that it will pay a dividend on the 21st of September, with...
Upcoming Dividend • Aug 24Upcoming dividend of US$0.08 per share at 2.5% yieldEligible shareholders must have bought the stock before 31 August 2023. Payment date: 21 September 2023. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 2.5%. Lower than top quartile of American dividend payers (4.9%). Higher than average of industry peers (2.1%).
Seeking Alpha • Aug 10Valhi: Share Price Has Plummeted, Time To Get In?Summary Valhi, Inc.'s share price has been consistently declining, with investors losing over 70% of their initial investment in the past year. The company operates in the specialty chemicals industry and has shown decent growth in both top and bottom lines. Valhi's diversification across industries and global presence provide some stability, but the company's low return on assets and declining sales volumes are concerning. Read the full article on Seeking Alpha
分析記事 • Aug 07Valhi's (NYSE:VHI) Dividend Will Be $0.08The board of Valhi, Inc. ( NYSE:VHI ) has announced that it will pay a dividend on the 21st of September, with...
New Risk • Aug 07New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 134% The company is paying a dividend despite having no free cash flows. Dividend yield: 2.3% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 134% Paying a dividend despite having no free cash flows. Earnings have declined by 26% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.3% net profit margin).
Reported Earnings • Aug 04Second quarter 2023 earnings released: US$0.18 loss per share (vs US$0.98 profit in 2Q 2022)Second quarter 2023 results: US$0.18 loss per share (down from US$0.98 profit in 2Q 2022). Revenue: US$517.6m (down 20% from 2Q 2022). Net loss: US$5.10m (down 118% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 04Valhi, Inc. Announces Quarterly Cash Dividend, Payable on September 21, 2023Valhi, Inc. announced that its board of directors has declared a regular quarterly dividend of eight cents ($0.08) per share on its common stock, payable on September 21, 2023 to stockholders of record at the close of business on September 1, 2023.
分析記事 • Jul 13Is Valhi (NYSE:VHI) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
分析記事 • May 29Valhi (NYSE:VHI) Is Due To Pay A Dividend Of $0.08Valhi, Inc. ( NYSE:VHI ) will pay a dividend of $0.08 on the 22nd of June. This means that the annual payment will be...
Reported Earnings • May 06First quarter 2023 earnings released: US$0.17 loss per share (vs US$1.59 profit in 1Q 2022)First quarter 2023 results: US$0.17 loss per share (down from US$1.59 profit in 1Q 2022). Revenue: US$505.8m (down 18% from 1Q 2022). Net loss: US$4.90m (down 111% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Mar 16Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to US$17.58, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 13x in the Chemicals industry in the US. Total returns to shareholders of 49% over the past three years.
Reported Earnings • Mar 10Full year 2022 earnings released: EPS: US$3.17 (vs US$4.46 in FY 2021)Full year 2022 results: EPS: US$3.17 (down from US$4.46 in FY 2021). Revenue: US$2.27b (down 1.3% from FY 2021). Net income: US$90.2m (down 29% from FY 2021). Profit margin: 4.0% (down from 5.5% in FY 2021). Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.