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DCF valuation

What is Solstice Advanced Materials Inc. worth?

With the base-case assumptions below, a discounted cash flow model on Solstice Advanced Materials Inc.'s reported free cash flow gives $4.38 per share. The share price was $65.02 on November 10, 2026, 1,386% above that value.

Inputs from the filings

Free cash flow, fiscal 2025
$119M
Average free cash flow, last 3 years
$375.3M
Cash
$714M
balance sheet of September 30, 2026
Debt
$1.97B
balance sheet of September 30, 2026
Diluted shares, fiscal 2025
158,900,000
Revenue growth per year, last 2 years
3.2%

Three sets of assumptions

CaseGrowth yrs 1-5Growth yrs 6-10After year 10Discount rateValue per shareValue vs price
Bear-2.0%-0.0%2.0%10.0%-$0.28-100%
Base3.0%3.0%2.5%9.0%$4.38-93%
Bull8.0%5.5%3.0%8.0%$13.07-80%

Sensitivity: base case value per share

Discount rate down the side, growth after year 10 across the top. Everything else as in the base case.

1.5%2.0%2.5%3.0%3.5%
7.0%$7.67$8.66$9.88$11.40$13.35
8.0%$5.22$5.86$6.63$7.54$8.66
9.0%$3.43$3.87$4.38$4.97$5.67
10.0%$2.06$2.37$2.73$3.13$3.60
11.0%$0.98$1.21$1.47$1.76$2.08

Where the presets come from

Base: years 1 to 5 grow at Solstice Advanced Materials Inc.'s revenue growth rate over the last 2 fiscal years (3.2% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.

Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.

Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.

This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.

Adjust the assumptions

Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.

Adjust the assumptions

Solstice Advanced Materials Inc. company page