Solstice Advanced Materials: Shares Plunge on Element Solutions Acquisition; We Trim Our Valuation
Solstice Advanced Materials announced a deal to acquire Element Solutions. Solstice shares were down 15% at the time of writing on July 6.
Solstice Advanced Materials announced a deal to acquire Element Solutions. Solstice shares were down 15% at the time of writing on July 6.
Solstice will see long-term profit growth from the transition to low global warming potential refrigerants.
Over time, new entrants will develop similar advanced refrigerants, eroding Solstice’s growth and pricing power.
|
Metric
|
SOLS
|
DD
|
Q
|
|---|---|---|---|
Price/Earnings (Normalized) | 36.61 | 14.01 | 37.15 |
Price/Book Value | 6.24 | 1.32 | 3.98 |
Price/Sales | 2.33 | 2.35 | 5.78 |
Price/Cash Flow | 16.64 | 28.18 | 27.88 |
|
Metric
|
SOLS
|
DD
|
Q
|
|---|---|---|---|
Quick Ratio | 0.93 | 1.15 | 1.50 |
Current Ratio | 1.43 | 2.68 | 2.12 |
Interest Coverage | 5.07 | 0.96 | 4.22 |
|
Metric
|
SOLS
|
DD
|
Q
|
|---|---|---|---|
Return on Assets (Normalized) | 4.64% | 4.38% | 4.70% |
Return on Equity (Normalized) | 13.73% | 6.95% | 8.51% |
Return on Invested Capital (Normalized) | 9.48% | 5.69% | 7.22% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Linde PLC
LIN
| LOCK|%GDk%Cp | LOCK|%% | $237B | |||
| Sherwin-Williams Co
SHW
| LOCK|!N>J>$Hv | LOCK|RC | $82B | |||
| Ecolab Inc
ECL
| LOCK|?Sy!<F^ | LOCK|&< | $77B | |||
| Air Products and Chemicals Inc
APD
| LOCK|yfzl?M | LOCK|#y< | $66B | |||
| PPG Industries Inc
PPG
| LOCK|dgk>VS | LOCK|tf%# | $26B | |||
| International Flavors & Fragrances Inc
IFF
| LOCK|^&fp%Rw | LOCK|VftS | $20B | |||
| LyondellBasell Industries NV Class A
LYB
| LOCK|XBsG@P? | LOCK|hV$<Z | $19B | |||
| Sociedad Quimica Y Minera De Chile SA ADR
SQM
| LOCK|RHV<$!q | LOCK|YQ!> | $19B | |||
| DuPont de Nemours Inc
DD
| LOCK|@l<N@& | LOCK|<mGNM | $18B | |||
| Albemarle Corp
ALB
| LOCK|GW<?!$b | LOCK|y%@?l | $14B |