Huntsman Corporation (HUN) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+650.6%

$75.10

vs $10.01 price

Levered DCF

$28.18

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

1.49

Distress zone

Rating

B-

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	-6.29×	-16.39×	44.09×	12×	7.31×	19.05×	12.92×	13.58×
P/B	0.63×	1.05×	1.37×	1.52×	1.75×	1.58×	2.06×	1.82×
P/S	0.3×	0.51×	0.73×	0.69×	1×	0.92×	0.81×	0.49×
EV / EBITDA	21.25×	15.2×	13.54×	6.72×	5.37×	9.26×	10.13×	5.95×
Gross margin	13.2%	14.3%	14.8%	19.3%	20.7%	18.3%	20.3%	21.6%
Operating margin	-0.7%	-0.4%	1.4%	8.4%	9.5%	7.2%	6.9%	11.1%
Net margin	-4.8%	-3.1%	1.7%	5.7%	13.6%	17.2%	8.3%	3.6%
Current ratio	1.3×	1.36×	1.97×	1.85×	1.92×	1.8×	1.87×	1.84×
Debt / equity	0.87×	0.76×	0.64×	0.59×	0.44×	0.73×	1.05×	0.92×
Interest coverage	-0.49×	-0.32×	1.29×	10.84×	10.91×	5.03×	4.23×	9.03×
Dividend yield	8.5%	5.6%	3.8%	3.1%	2.1%	2.6%	2.7%	3.4%
Payout ratio	-53.1%	-92.1%	167.3%	37.2%	15.2%	13.9%	26.7%	46.3%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	-10.0%	-6.4%	3.1%	12.7%	23.9%	29.4%	20.9%	13.4%
Return on invested capital	-0.7%	-0.4%	0.5%	7.4%	8.4%	5.1%	7.1%	14.5%
Return on assets	-3.9%	-2.7%	1.4%	5.6%	11.1%	11.9%	6.8%	4.2%
Free cash flow yield	6.7%	2.5%	-0.5%	11.6%	8.2%	0.1%	11.3%	19.5%
Earnings yield	-15.9%	-6.1%	2.3%	8.3%	13.7%	18.6%	10.2%	7.3%
Enterprise value	$3.7B	$5B	$6B	$7B	$8.5B	$6.5B	$7.8B	$6.6B
Net debt / EBITDA	11.33×	5.77×	3.46×	1.41×	0.57×	1.4×	2.97×	1.79×
Cash conversion cycle (days)	51	54	55	40	60	53	57	63