Qnity Electronics, Inc. logo Q - Qnity Electronics, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 0
BUY 3
HOLD 0
SELL 0
STRONG
SELL 0
| PRICE TARGET: $161.29 DETAILS
HIGH: $200.00
LOW: $100.00
MEDIAN: $170.00
CONSENSUS: $161.29
UPSIDE: 2.78%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Cyclical & Capital-Intensive 70% confidence

Primary model: Normalized Earnings × Cycle Multiple

Valuation Signal Overvalued Strong
Trading 265.3% above fair value
Current Price $156.93
Bear Case $29.74 81.0% downside ($29.74 - $156.93) / $156.93 = -81.0% $3.30 × 12x + net cash
Fair Value $42.96 72.6% downside ($42.96 - $156.93) / $156.93 = -72.6% $3.30 × 16x + net cash
Bull Case $56.18 64.2% downside ($56.18 - $156.93) / $156.93 = -64.2% $3.30 × 20x + net cash

Adjust Assumptions

16.0x
3.3$

Key Value Driver

Through-cycle normalized EPS ($3.30)

Implied Market Multiple 47.5x

Plain-Language Summary

Using 4-year normalized EPS of $3.30 at a 16x cycle multiple, the base-case value is $42.96 per share.

Warnings

⚠ This company has a built-in lending arm whose debt is mixed in with the main business. We capped the debt adjustment to avoid overstating what the core business owes.

Key Risks

  • Standard 10-year DCF produces unreliable terminal values for cyclicals
  • 'Cheap' P/E at cycle peak is the most common value trap — normalize first
  • Captive finance subsidiaries have different risk profiles from manufacturing