Added to YB: 2026-06-02
Pitch date: 2026-05-30
SOLV [neutral]
Solventum Corporation
Author Info
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Company Info
Solventum Corporation, a healthcare company, develops, manufactures, and commercializes a portfolio of solutions to address critical customer and patient needs in the United States and internationally.
Market Cap
$13.0B
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
14.21
P/E
9.18
EV/Sales
2.14
Sector
Health Care Equipment and Supplies
Category
special_situation
$SOLV: the spin fixed its balance sheet, and the stock noticed
SOLV (overview): 3M healthcare spin (wound care, dental, HIS). Fixed balance sheet via $4B Purification sale to Thermo Fisher ($3.4B to debt). Stock rerated to ~$76 high, ~11.6x FY26 EPS guide $6.40-6.60. Catch: FCF only ~$200M vs ~$1.1B adj net income—separation costs eating cash. Low-single-digit grower in mature cats. Cheap-spin window closed; conversion is now the story. Watch Q2 FCF.
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