Solstice Advanced Materials Inc Dossier
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SectorMaterials IndustrySpecialty Chemicals Beta (adjusted)1.00 Intrinsic Value $183.08median of 4 methods · middle span $72-$294based on filings through 30 Jun 2026 Market Price $56.98Price as of 1 Oct 2026 Significantly undervaluedIntrinsic value is 221% above the market price −50% · IV below pricenear fair value ±15%IV above price · +50% marker beyond scale (+221%) Data confidence Sign in to view data confidence Market Cap $9.1B Enterprise Value $10.3B Shares Outstanding 159.5M diluted Moat Rating Wide Next Earnings Date4 Nov 2026 Last ex-dividend27 Aug 2026 All prices and values are periodic snapshots, not live quotes. Source dates are shown for reference. ThesisStreet consensus, scenarios, merits, risks, and invalidation triggers Thesis Summary Solstice enters the second half of 2026 with strong operating momentum and a more focused standalone strategy. Second-quarter net sales increased 11% year over year, four businesses delivered double-digit growth, and management raised and subsequently reaffirmed FY2026 guidance. The balance sheet supported a USD 500 million repurchase authorization after the Element Solutions transaction was terminated. These positives are balanced by lower consolidated and Refrigerants & Applied Solutions margins, rising standalone-company costs, elevated growth capital expenditures and Solstice's limited operating history as an independent public company. This section is the 12-month view: analyst targets and the probability-weighted scenarios built from them. The intrinsic value at the top of this page answers a different question: what the business is worth today. Street view · analyst 12-month targets Low · most bearish analyst$70.00 Mean target$80.43 High · most bullish analyst$95.00 Our research · scenarios, merits, risks, and invalidation triggersResearch as of 2 Sep 2026 Scenarios · 12-month scenario targets Bear CaseDownside scenario $70.0019% The bear case assumes annual sales fall below the USD 4.125 billion guidance floor as macroeconomic, raw-material, regulatory or demand pressures weaken growth, while plant turnarounds, standalone costs and elevated capital expenditures prevent margin recovery. Failure to translate the terminated acquisition and repurchase authorization into durable per-share value would compound the downside. Base CaseCentral scenario $80.4358% Matches the consensus meanThe base case assumes Solstice delivers within its reaffirmed FY2026 ranges of USD 4.125-4.185 billion in net sales and USD 1.035-1.055 billion in adjusted EBITDA, with growth investments and standalone costs limiting near-term margin expansion. Bull CaseUpside scenario $95.0023% The bull case assumes performance near the upper end of FY2026 guidance, continued double-digit demand growth in Nuclear, Electronic Materials, Refrigerants and Healthcare Packaging, recovery of Refrigerants & Applied Solutions margins toward management's mid-30% second-half expectation, and value creation from disciplined deployment of the USD 500 million repurchase authorization. Scenarios are anchored to street consensus at the research date, with our probabilities and rationale. Key Investment Merits
Key Investment Risks
All scenarios are estimates and subject to change. Past performance is not indicative of future results. Quality Pillars MembersThis section is available to registered members. Create a free account or sign in to unlock the full breakdown. Explore this dossierValuationIntrinsic value, the six-method breakdown, peer medians, and your assumptions sandbox.Financial SnapshotRevenue, profitability, returns, balance sheet, dividends, and the filing-level detail.Qualitative AnalysisBusiness overview, strategic initiatives, and mergers, acquisitions & partnerships.Outlook & Key DatesForward estimates, reporting calendar, and the monitoring framework. |