Huntsman Corp (HUN) is undervalued and LSB Industries Inc (LXU) is undervalued.
Against our estimates of intrinsic value, HUN trades at the wider discount: a margin of safety of +57%, against +45% for LXU.
Values as of the 22 Sept 2026 close.
Its through-the-cycle earnings (7.0% median margin), capitalised at 7.6% with no growth, values the shares at $20.99; the price of $9.05 is 57% below that value.
Leak Score 56/100 on 8 of 12 signals
Discounting its cash flows at 7.1% (average of 3 methods) values the shares at $19.19; the price of $10.51 is 45% below that value, and 83% of that value comes from beyond year five.
Leak Score 56/100 on 10 of 12 signals
| Metric | HUN | LXU |
|---|---|---|
| Verdict | Undervalued | Undervalued |
| Price | $9.05 | $10.51 |
| Intrinsic value | $20.99 | $19.19 |
| Margin of safety | +57% | +45% |
| Leak Score | 56/100 (8/12) | 56/100 (10/12) |
| Market cap | $1.6B | $757M |
| Revenue growth, 5 years | -1.1% | 11.9% |
| Operating margin | -0.1% | 9.5% |
| Net margin | -2.9% | 5.6% |
| Return on equity | -6.1% | 7.1% |
| Debt to equity | 0.93 | 0.91 |
| P/E | — | 20.7x |
| Forward P/E | 82.2x | 14.3x |
| P/B | 0.6x | 1.4x |
| Dividend yield | 4.2% | — |