COMP <GO>
NL vs VHI // EV/EBITDA & P/E VALUATION
NLI Holdings Inc. (NYSE) VS. Valhi Inc. (NYSE) • 15-METRIC TALLY: NL 7
— VHI 3
■ METRIC PARITY
LAST: $6.99 (-0.71%) • MKT CAP: $341.8M
valuation
16.7x
LAST: $13.99 (-0.07%) • MKT CAP: $396.2M
valuation
—
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (NL VS. VHI)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | NL | VHI | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 30.40% | 14.20% | +16.20 | NL | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 3.40% | 6.20% | -2.80 | VHI | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | 16.7x | — | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | -11.75% | -20.72% | +8.97 | NL | /fcf-yield <GO> |
| Operating Margin | 6.70% | 3.00% | +3.70 | NL | /operating-margins <GO> |
| Net Profit Margin | -23.90% | -2.80% | -21.10 | VHI | /net-margins <GO> |
| Revenue Growth (YoY) | 8.50% | -1.30% | +9.80 | NL | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 5.15% | 2.30% | +2.85 | NL | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | — | — | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 4/9 | 2/9 | +2.00 | NL | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 60.9 | 39.4 | +21.54 | NL | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | — | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | — | — | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $341.8M | $396.2M | -$54.4M | VHI | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | NL REV | VHI REV | NL GROSS % | VHI GROSS % | NL FCF | VHI FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $158.3M | $2.08B | 30.4% | 14.2% | -$40.1M | -$82.1M |
| FY 2024 | $145.9M | $2.10B | 28.3% | 20.2% | $24.1M | $13.1M |
| FY 2023 | $161.3M | $1.92B | — | — | $37.0M | $3.9M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
NL // BETA —
VHI // BETA —