| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 39 | 45.7x | 17.3x | Bottom tier | |
Growth | 27 | 9.2% | 7.1% | Bottom tier | |
Quality | 54 | 11.2% | 4.5% | Around median | |
Safety | 64 | 1.1x | 2.6x | Around median | |
Capital Return | 75 | 15.89% | 0.06% | Top tier | |
Momentum | 27 | — | -1.6% | Bottom tier | |
Sentiment | 43 | 3 | 3 | Around median |
The floor: what the company is worth if growth stopped today
55% of today's price is what a buyer pays for growth that has not happened yet.
10-year US Treasury yield 4.96% as of 2026-10-22. Estimates computed from company data and analyst targets, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Solstice Advanced Materials manufactures advanced materials through two main segments. The Refrigerants and Applied Solutions segment generated revenue of $850 million in Q2 fiscal 2026, with activities spanning refrigerants, nuclear solutions, building materials, intermediates, and healthcare packaging; meanwhile, the Electronic and Specialty Materials segment generated revenue of $298 million from electronic materials, safety and defense solutions, research chemicals, and high-performance materials. The company benefits from product pricing and sales volumes and reinvests its cash flows in expanding Spokane capacity for sputtering targets, Spectra ballistic fibers in Virginia, and its nuclear conversion business.
Solstice recorded net sales of $1.148 billion in Q2 fiscal 2026, up 11% year over year, adjusted earnings before interest, taxes, depreciation, and amortization of $290 million, up 2%, and an adjusted margin of 25.3%. Net income attributable to the company was $119 million, compared with $97 million in the comparable period, while GAAP diluted earnings per share were $0.75 and adjusted diluted earnings per share were $0.88. According to EDGAR data, gross profit was $370 million on revenue of approximately $1.1 billion in the same quarter, equivalent to a gross profit margin of approximately 33.6%.
Refrigerants and Applied Solutions represented approximately 74% of Q2 fiscal 2026 sales and generated adjusted earnings before interest, taxes, depreciation, and amortization of $280 million and a margin of 32.9%, but recorded a 6% year-over-year decline in earnings and a 648-basis-point contraction in margin. Electronic and Specialty Materials represented approximately 26% of sales and increased adjusted earnings by 24% to $64 million, with margin improving by 280 basis points to 21.6%. For fiscal 2025, the company recorded revenue of $3.9 billion and net income of $237 million, while revenue for the twelve months ended in 2026 was approximately $4.1 billion and net income was $210 million.
The average analyst price target is $81.17, within a wide range of $70 to $101, compared with a 52-week share-price range of $40.43 to $90.80; accordingly, the average target is approximately 10.6% below the top of the 52-week range, while the highest target exceeds that peak. The analyst consensus is Buy, but the absence of a published price-to-earnings ratio prevents evaluating the stock using that metric, and the optimistic targets should be weighed against the margin contraction in Refrigerants and Applied Solutions and the financing and integration risks associated with Element Solutions.
Figures in the text are as of 2026-08-29; the live price is shown at the top of the page.
Net sales increased 11% year over year to $1.148 billion, driven by volume growth and improved pricing in the nuclear and refrigerants businesses and volume growth in electronic materials. Refrigerant sales grew 13% to $473 million, nuclear sales grew 27% to $125 million, and electronic materials sales grew 15% to $119 million. Healthcare packaging sales also recovered from the inventory reduction recorded in the second half of fiscal 2025, increasing 24% to $73 million.
The company benefits through electronic materials used in semiconductors and through data center refrigerants, and electronic materials grew 15% to $119 million in Q2 fiscal 2026. Products cited by management include sputtering targets, thermal interface materials, and heat spreaders, and the company is accelerating the Spokane expansion to produce copper and manganese sputtering targets. Data center cooling remains a small part of refrigerant sales, but it is the fastest-growing at a double-digit rate, with immersion cooling and direct-to-chip two-phase cooling solutions under development.
Automated analysis for informational purposes only — not investment advice.
Solstice announced the transaction on July 6, 2026, with the aim of building a broader advanced materials platform and increasing exposure to electronics, AI infrastructure, and thermal management. Management believes Solstice’s chemical expertise and Element Solutions’ formulation capabilities will allow the combined company to serve customers from early development through large-scale manufacturing. The transaction remains subject to shareholder and regulatory approvals and customary closing conditions, with closing expected in the first half of 2027 and a target of reducing net debt to less than three times earnings before interest, taxes, depreciation, and amortization within 18 months of closing.
Net income attributable to Solstice increased from $97 million to $119 million, while GAAP diluted earnings per share were $0.75 and adjusted diluted earnings per share were $0.88. However, adjusted earnings before interest, taxes, depreciation, and amortization increased only 2% to $290 million, compared with sales growth of 11%, and the margin stood at 25.3%. Pressure was concentrated in Refrigerants and Applied Solutions, where the margin declined 648 basis points to 32.9% due to planned plant outages and the timing of production incentives.
Management expects fiscal 2026 revenue of between $4.125 billion and $4.185 billion and adjusted earnings before interest, taxes, depreciation, and amortization of between $1.035 billion and $1.055 billion. Adjusted diluted earnings per share guidance ranges from $2.75 to $2.95, while expected capital expenditures range from $420 million to $440 million. For Q3 fiscal 2026, the company expects revenue of between $990 million and $1.03 billion, with continued momentum in refrigerants and electronic materials and more modest nuclear performance.
The first risk is margins, after the Refrigerants and Applied Solutions margin declined to 32.9% in Q2 fiscal 2026 despite 12% sales growth. The second risk is weakness in construction and Specialty Additives, as Building Solutions and Intermediates sales declined 1% to $180 million and management did not assume significant improvement in construction during the second half of fiscal 2026. The expected negative impact of approximately $30 million from the return of nuclear product loans, sulfur cost inflation, and the execution and financing of the Element Solutions transaction should also be monitored.