TacticScaleWhat Solstice Advanced Materials Does & How It Makes Money (SOLS)
Updated October 2026 · reflects Solstice Advanced Materials's latest reported financials
Specialty chemicals maker of refrigerants, electronic materials and high-strength fibers. It makes money by manufacturing and selling specialty chemicals and materials to industrial customers through two segments: Refrigerants & Applied Solutions, and Electronic & Specialty Materials.
How Solstice Advanced Materials makes money
It makes money by manufacturing and selling specialty chemicals and materials to industrial customers through two segments: Refrigerants & Applied Solutions, and Electronic & Specialty Materials. Its main brands include Solstice, Genetron, Aclar, Spectra, Fluka and Hydranal.
What Solstice Advanced Materials does
Solstice Advanced Materials is a specialty chemicals and advanced materials company based in Morris Plains, New Jersey. It was incorporated in 2025 and sells in the U.S. and internationally through two segments. The larger-scale Refrigerants & Applied Solutions (RAS) segment makes low global warming potential (LGWP) refrigerants, blowing agents, solvents and aerosol materials, plus pharmaceutical packaging materials and alternative energy services, under the Solstice, Genetron and Aclar brands. The Electronic & Specialty Materials (ESM) segment serves the semiconductor, defense, pharmaceutical and construction markets. Its products include sputtering targets for chipmaking, Spectra lightweight high-strength fibers, and Fluka and Hydranal high-purity life science chemicals. Together, the two segments tie the company to demand from HVAC and refrigeration, which is shifting to lower-emission cooling, and to demand for advanced electronics and specialty industrial materials.
Products & services
- Solstice low-GWP refrigerants and blowing agents
- Genetron refrigerants
- Aclar pharmaceutical packaging materials
- Spectra lightweight high-strength fibers
- Semiconductor sputtering targets
- Fluka and Hydranal high-purity lab chemicals
What is Solstice Advanced Materials worth?
On an owner-earnings DCF, Solstice Advanced Materials's most-likely value is about $31 versus a recent price near $61 (49% above fair value). But TacticScale only calls a stock undervalued when the price sits below its conservative no-growth floor (~$18) with a margin of safety — so the honest verdict here is “Fairly priced — no edge.” Fair value earns its keep only at the extremes, not in the wide middle.
Price sits in the normal range — fair value isn't actionable here; it earns its keep only when price drops below the no-growth floor, or runs to roughly double the optimistic case.
⚠ High leverage — net debt is 5.5× annual cash flow. Net debt is subtracted from this fair value, but refinancing at higher rates, principal timing, and share dilution aren’t modeled — the equity can be worth far less if cash flow weakens.
Analysis, not advice. Fair value is a margin-of-safety estimate from a deterministic owner-earnings DCF, not a price target or recommendation. See the full breakdown →
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