Solvay/SOLB

2.67%
-
1D1W1MYTD1YMAX

About Solvay

Solvay SA is a Belgium-based international chemical and advanced materials company. Through its subsidiaries, it operates four segments: Advanced Materials, Advanced Formulations, Performance Chemicals and Corporate & Business Services. Advanced Materials offers high-performance materials for multiple applications primarily in the automotive, aerospace, electronics, and health markets providing sustainable mobility solutions, reducing weight and improving CO2 and energy efficiency. Advanced Formulations serves primarily the consumer goods, agro and food, and energy markets offering customized specialty formulations that impact surface chemistry and alter liquid behavior while minimizing the environmental impact. Performance Chemicals specializes in chemical intermediates serving mainly the consumer goods and food markets. Corporate & Business Services includes corporate and other business services, such as the research and innovation center, and energy services.

Ticker

SOLB

Sector

Basic Materials

Trading on

BSE

Industry

Chemicals - Plastics & Rubber

CEO

Ilham Kadri

Employees

21,998

Headquarters

Bruxelles, Belgium

Solvay Metrics

BasicAdvanced
€3.26B
Market cap
1.60
P/E ratio
€19.21
EPS
1.30
Beta
€1.70
Dividend rate
5.53%
Dividend yield
€3.26B
1.29823
€31.04
€17.90
505.35K
€1.70
1.238
0.945
156.849
168.804
-0.2%
-2.21%
-0.27%
1.601
0.54
2.557
10.925
7.467
9.56%
5.53%
5.53%
-24.5%
-116.21%
-14.72%
-13.47%

What the Analysts think about Solvay

Analyst Ratings

Majority rating from 18 analysts.
Hold

Price Targets

Average projection from 16 analysts.
8.52% downside
High €40.00
Low €20.00
€31.57
Current price
€28.88
Average price target

Solvay Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
34.77% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
€6.02B
98.62%
Net income
€2.1B
852.27%
Profit margin
34.77%
379.59%

Solvay Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 69.2%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
€4.42
€4.10
€3.27
€0.30
-
Expected
€2.87
€3.28
€2.44
€0.97
€0.77
Surprise
54.17%
24.85%
34.18%
-69.2%
-
Latest price is delayed by 15 minutes. Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by ICE Data Services and Euronext. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for Solvay stock?

Solvay (SOLB) has a market cap of €3.26B as of April 23, 2024.

What is the P/E ratio for Solvay stock?

The price to earnings (P/E) ratio for Solvay (SOLB) stock is 1.6 as of April 23, 2024.

Does Solvay stock pay dividends?

Yes, the Solvay (SOLB) stock pays dividends to shareholders. As of April 23, 2024, the dividend rate is €1.701 and the yield is 5.53%. Solvay has a payout ratio of 0% on a trailing twelve-month basis.

When is the next Solvay dividend payment date?

The next Solvay (SOLB) dividend payment is scheduled for June 05, 2024.

What is the beta indicator for Solvay?

Solvay (SOLB) has a beta rating of 1.3. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Solvay stock price target?

The target price for Solvay (SOLB) stock is €28.88, which is 8.52% below the current price of €31.57. This is an average based on projections from 16 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

Buy or sell Solvay stock

Buy or sell Solvay stock

Stocks, funds and up to 4.50% interest earned on uninvested cash. When you invest, your capital is at risk.
Start investing