Solstice Advanced Materials Inc. (SOLS) 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

+310.8%

$243.72

vs $59.33 price

Levered DCF

$156.50

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

2.63

Grey zone

Rating

Overall 3 / 5

Ratios by fiscal year

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

Metric	FY2025	FY2024	FY2023	FY2022	FY2021
P/E	32.6×	18.2×	12.38×	10.71×	0×
P/B	5.47×	2.36×	2.47×	0×	0×
P/S	1.99×	2.04×	2.11×	2.14×	0×
EV / EBITDA	10.74×	7.7×	6.95×	0×	0×
Gross margin	32.2%	34.4%	35.2%	39.1%	0.0%
Operating margin	18.8%	20.2%	22.6%	27.0%	0.0%
Net margin	6.1%	11.2%	17.0%	20.0%	0.0%
Current ratio	1.39×	1.72×	1.66×	0×	0×
Debt / equity	1.72×	0.13×	0.07×	0×	0×
Interest coverage	26.14×	5.1×	51.5×	46.05×	0×
Dividend yield	19.4%	0.0%	0.0%	0.0%	0.0%
Payout ratio	632.9%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021
Return on equity	16.8%	13.0%	20.0%	0.0%	0.0%
Return on invested capital	7.5%	13.9%	17.4%	0.0%	0.0%
Return on assets	4.2%	8.4%	13.3%	0.0%	0.0%
Free cash flow yield	1.3%	7.1%	6.0%	6.6%	0.0%
Earnings yield	3.1%	5.5%	8.1%	9.3%	0.0%
Enterprise value	$9.6B	$7.4B	$7.3B	$0	$0
Net debt / EBITDA	2.11×	-0.25×	-0.36×	0×	0×
Cash conversion cycle (days)	34	23	28	0	0