Solvay SA operates as an advanced materials and specialty chemicals worldwide.
Moderate growth potential second-rate dividend payer.
Share Price & News
How has Solvay's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SOLB has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: SOLB underperformed the Belgian Chemicals industry which returned 0.9% over the past year.
Return vs Market: SOLB exceeded the Belgian Market which returned -22.4% over the past year.
Price Volatility Vs. Market
How volatile is Solvay's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StWhat Does Solvay SA's (EBR:SOLB) Share Price Indicate?
2 months ago | Simply Wall StWhy It Might Not Make Sense To Buy Solvay SA (EBR:SOLB) For Its Upcoming Dividend
2 months ago | Simply Wall StAre Dividend Investors Getting More Than They Bargained For With Solvay SA's (EBR:SOLB) Dividend?
Is Solvay undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: SOLB (€71.22) is trading above our estimate of fair value (€45.32)
Significantly Below Fair Value: SOLB is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SOLB is unprofitable, so we can't compare its PE Ratio to the BE Chemicals industry average.
PE vs Market: SOLB is unprofitable, so we can't compare its PE Ratio to the Belgian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SOLB's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SOLB is good value based on its PB Ratio (1x) compared to the BE Chemicals industry average (1.3x).
How is Solvay forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SOLB is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.6%).
Earnings vs Market: SOLB is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: SOLB's is expected to become profitable in the next 3 years.
Revenue vs Market: SOLB's revenue (2.8% per year) is forecast to grow slower than the Belgian market (5.7% per year).
High Growth Revenue: SOLB's revenue (2.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SOLB's Return on Equity is forecast to be low in 3 years time (7.8%).
How has Solvay performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SOLB is currently unprofitable.
Growing Profit Margin: SOLB is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SOLB is unprofitable, and losses have increased over the past 5 years at a rate of 22.3% per year.
Accelerating Growth: Unable to compare SOLB's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SOLB is unprofitable, making it difficult to compare its past year earnings growth to the Chemicals industry (-14.2%).
Return on Equity
High ROE: SOLB has a negative Return on Equity (-23.97%), as it is currently unprofitable.
How is Solvay's financial position?
Financial Position Analysis
Short Term Liabilities: SOLB's short term assets (€4.5B) exceed its short term liabilities (€2.8B).
Long Term Liabilities: SOLB's short term assets (€4.5B) do not cover its long term liabilities (€7.1B).
Debt to Equity History and Analysis
Debt Level: SOLB's debt to equity ratio (45.4%) is considered high.
Reducing Debt: SOLB's debt to equity ratio has increased from 36.1% to 45.4% over the past 5 years.
Debt Coverage: SOLB's debt is well covered by operating cash flow (43.1%).
Interest Coverage: SOLB is unprofitable, therefore interest payments are not well covered by earnings.
What is Solvay current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SOLB's dividend (5.27%) is higher than the bottom 25% of dividend payers in the Belgian market (2.53%).
High Dividend: SOLB's dividend (5.27%) is low compared to the top 25% of dividend payers in the Belgian market (5.4%).
Stability and Growth of Payments
Stable Dividend: SOLB's dividend payments have been volatile in the past 10 years.
Growing Dividend: SOLB's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: SOLB is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: SOLB's dividends in 3 years are forecast to be well covered by earnings (50% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ilham Kadri (51 yo)
Dr. Ilham Kadri has been Chief Executive Officer and Non independent Director at Solvay SA since March 1, 2019 and serves as its Chairman of Executive Committee. Dr. Kadri was an Executive Officer of Solva ...
CEO Compensation Analysis
Compensation vs Market: Ilham's total compensation ($USD5.19M) is above average for companies of similar size in the Belgian market ($USD2.59M).
Compensation vs Earnings: Insufficient data to compare Ilham's compensation with company performance.
|Chairman of the Executive Committee||1.42yrs||€4.41m||no data|
|CFO & Member of the Executive Committee||6.83yrs||€1.71m||no data|
|Member of Executive Committee||14.58yrs||€1.44m||no data|
|President of Specialty Polymers & Member of the Executive Committee||2.5yrs||€1.29m||no data|
|President of the GBU Special Chem & Member of the Executive Committee||2.5yrs||€1.34m||no data|
|Chief People Officer & Member of Executive Committee||0.92yr||€547.02k||no data|
|Head of Investor Relations||no data||no data||no data|
|Head of Legal & Compliance and Group General Counsel||3.58yrs||no data||no data|
|Group General Manager of Communications||4.5yrs||no data||no data|
|Group General Manager of Marketing & Sales||no data||no data||no data|
|President of The Silica Global Business Unit||5.83yrs||no data||no data|
|President of Performance Polyamides||no data||no data||no data|
Experienced Management: SOLB's management team is considered experienced (3.6 years average tenure).
|Chairman of the Executive Committee||1.42yrs||€4.41m||no data|
|Independent Director||6.25yrs||€89.50k||no data|
|Non Independent Non Executive Director||14.42yrs||€95.00k||no data|
|Independent Director||6.58yrs||€90.00k||no data|
|Non-Independent Director||13.25yrs||no data||no data|
|Independent Director||5.25yrs||€111.00k||no data|
|Independent Director||7.08yrs||€37.94k||no data|
|Independent Director||11.58yrs||€99.00k||no data|
|Independent Director||10.58yrs||€109.00k||no data|
|Independent Director||7.08yrs||€92.00k||no data|
|Independent Director||3.25yrs||€95.00k||no data|
Experienced Board: SOLB's board of directors are considered experienced (7.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Solvay SA's company bio, employee growth, exchange listings and data sources
- Name: Solvay SA
- Ticker: SOLB
- Exchange: ENXTBR
- Founded: 1863
- Industry: Diversified Chemicals
- Sector: Materials
- Market Cap: €7.053b
- Shares outstanding: 103.41m
- Website: https://www.solvay.com
Number of Employees
- Solvay SA
- Rue de Ransbeek, 310
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SVYS.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jan 1992|
|SOLB||ENXTBR (Euronext Brussels)||Yes||Ordinary Shares||BE||EUR||Jan 1992|
|SOL||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jan 1992|
|0NZR||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Jan 1992|
|SOLBB||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Jan 1992|
|SOLB||WBAG (Wiener Boerse AG)||Yes||Ordinary Shares||AT||EUR||Jan 1992|
|SOL||ETLX (Eurotlx)||Yes||Ordinary Shares||IT||EUR||Jan 1992|
|SOLV.Y||OTCPK (Pink Sheets LLC)||SPONSORED ADR||US||USD||Aug 2010|
Solvay SA operates as an advanced materials and specialty chemicals worldwide. It operates through four segments: Advanced Materials, Advanced Formulations, Performance Chemicals, and Corporate & Business ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/05 21:03|
|End of Day Share Price||2020/08/05 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.