SLVYY (Solvay) Piotroski F-Score: 6 (As of Jun. 26, 2026) — Near Median


SLVYY Solvay SA SLVYY
70 GF Score
Price $3.02
GF Value $2.95
Valuation Fairly Valued
! 7 Warning Signs
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What is Solvay Piotroski F-Score?

Solvay SLVYY -0.17% 70 Piotroski F-Score is 6 as of Jun. 26, 2026, which is at its 10-year median of 6.00. GuruFocus rates SLVYY with a GF Score™ of 70/100 and a GF Value™ of $2.95 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,566 Chemicals companies, Solvay ranks better than 76.18% on this metric.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Solvay has an F-score of 6 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Solvay's Piotroski F-Score or its related term are showing as below:

SLVYY' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 8
Current: 6

During the past 13 years, the highest Piotroski F-Score of Solvay was 8. The lowest was 3. And the median was 6.

Solvay  (OTCPK:SLVYY) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Solvay Piotroski F-Score Related Terms


Solvay Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Solvay's Piotroski F-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Solvay Piotroski F-Score Chart

Solvay Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 7.00 4.00 5.00 4.00

Solvay Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.00 5.00 5.00 4.00 6.00

SLVYY vs DOW: Piotroski F-Score Comparison

For the Chemicals subindustry, Solvay's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Solvay Piotroski F-Score vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Solvay's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Solvay's Piotroski F-Score falls into.


SLVYY
70GF Score
Solvay SA SLVYY
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

How is the Piotroski F-Score calculated?

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

This Year (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 10.381 + 39.906 + -111.241 + 30.058 = $-31 Mil.
Cash Flow from Operations was 131.488 + 218.31 + 311.475 + 108.671 = $770 Mil.
Revenue was 1397.924 + 1403.756 + 1282.201 + 1320.231 = $5,404 Mil.
Gross Profit was 290.657 + 311.033 + 275.176 + 307.514 = $1,184 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(6859.459 + 7262.976 + 7424.883 + 7204.918 + 7165.318) / 5 = $7183.5108 Mil.
Total Assets at the begining of this year (Mar25) was $6,859 Mil.
Long-Term Debt & Capital Lease Obligation was $2,116 Mil.
Total Current Assets was $2,532 Mil.
Total Current Liabilities was $2,065 Mil.
Net Income was 72.121 + 21.088 + 31.414 + 87.568 = $212 Mil.

Revenue was 1434.876 + 1381.798 + 1313.089 + 1343.784 = $5,474 Mil.
Gross Profit was 332.616 + 304.107 + 285.864 + 272.432 = $1,195 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(7545.652 + 7119.483 + 7253.052 + 7009.424 + 6859.459) / 5 = $7157.414 Mil.
Total Assets at the begining of last year (Mar24) was $7,546 Mil.
Long-Term Debt & Capital Lease Obligation was $2,263 Mil.
Total Current Assets was $2,557 Mil.
Total Current Liabilities was $1,851 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Solvay's current Net Income (TTM) was -31. ==> Negative ==> Score 0.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Solvay's current Cash Flow from Operations (TTM) was 770. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Mar25)
=-30.896/6859.459
=-0.00450415

ROA (Last Year)=Net Income/Total Assets (Mar24)
=212.191/7545.652
=0.02812096

Solvay's return on assets of this year was -0.00450415. Solvay's return on assets of last year was 0.02812096. ==> Last year is higher ==> Score 0.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Solvay's current Net Income (TTM) was -31. Solvay's current Cash Flow from Operations (TTM) was 770. ==> 770 > -31 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=2115.607/7183.5108
=0.29450878

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=2262.703/7157.414
=0.31613415

Solvay's gearing of this year was 0.29450878. Solvay's gearing of last year was 0.31613415. ==> This year is lower or equal to last year. ==> Score 1.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Mar26)=Total Current Assets/Total Current Liabilities
=2531.792/2064.74
=1.22620378

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=2556.757/1850.811
=1.38142522

Solvay's current ratio of this year was 1.22620378. Solvay's current ratio of last year was 1.38142522. ==> Last year's current ratio is higher ==> Score 0.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Solvay's number of shares in issue this year was 1050.962. Solvay's number of shares in issue last year was 1056.062. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=1184.38/5404.112
=0.21916274

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1195.019/5473.547
=0.21832625

Solvay's gross margin of this year was 0.21916274. Solvay's gross margin of last year was 0.21832625. ==> This year's gross margin is higher. ==> Score 1.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=5404.112/6859.459
=0.78783356

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=5473.547/7545.652
=0.72539086

Solvay's asset turnover of this year was 0.78783356. Solvay's asset turnover of last year was 0.72539086. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=0+1+0+1+1+0+1+1+1
=6

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Solvay has an F-score of 6 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 6 mean?
Solvay (SLVYY) has a Piotroski F-Score of 6 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Solvay and its competitors. This is near median its historical median of 6.00. Over the past decade, Solvay's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Solvay ranks #373 out of 1566 companies in the Chemicals industry, placing it in the top 23.8%.
Is Solvay's Piotroski F-Score too high?
Solvay's current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 8.00. The Chemicals industry median Piotroski F-Score is 5.00. Solvay's value of 6 is 20% above this industry median. Based on the distribution chart, Solvay ranks #373 out of 1566 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Solvay has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Solvay's Piotroski F-Score compare to DOW?
According to the Chemicals industry distribution chart, Solvay ranks #373 out of 1566 companies for Piotroski F-Score. This places Solvay in the top 24% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Solvay's value of 6 is 20% above this benchmark. Historically, Solvay's own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Solvay has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for a Chemicals company?
The median Piotroski F-Score among Chemicals companies is 5.00, based on 1,566 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Solvay's current Piotroski F-Score of 6 is 20% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Solvay and its competitors. For the Chemicals industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solvay's current Piotroski F-Score is 6, which is near median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solvay stock overvalued right now?
Based on GuruFocus' analysis, Solvay (SLVYY) is currently considered Fairly Valued. The stock's GF Value™ is $2.95, compared to a current price of $3.02 — trading 2.2% above its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Chemicals industry median of 5.00. Solvay's overall GF Score™ is 70/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Solvay (SLVYY), the current Piotroski F-Score is 6 as of Jun. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Solvay (SLVYY) Overvalued in 2026?

Based on GuruFocus' analysis, Solvay stock appears to be overvalued. The current stock price of $3.02 is trading 2.2% above its estimated GF Value™ of $2.95. GuruFocus considers Solvay to be Fairly Valued.

Key valuation signals for SLVYY:

  • Piotroski F-Score: 6 (near median its 10-year median of 6.00)
  • GF Value™: $2.95 vs. price of $3.02 (2.2% above fair value)
  • GF Score™: 70/100 with 7 warning signs
  • Industry Position: 20% above the Chemicals median (#373 of 1566)

No single metric tells the full story. See the SLVYY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Solvay Business Description

Address Rue De Ransbeek, 310, Brussels, BEL, 1120
Solvay SA is a Belgium-based producer of chemicals, plastics, and composites, operating businesses in soda ash, peroxides, silica, rare earths, and fluorine. The company's segments are: Basic Chemicals, including soda ash, bicarbonate, and peroxides, serving mature and resilient markets such as building and construction, consumer goods, and food; Performance Chemicals, through Silica, Coatis, Rare Earths, and Fluorine (GBU Special Chem), offering customized products based on formulations and application expertise; and Corporate, comprising corporate and other business services, including Business Services, Procurement, and Energy expertise. Its products serve diverse end markets, including Consumer, Home & Personal Care, Healthcare, Automotive, Food & Feed, and others.
70GF Score

Get the complete analysis for SLVYY

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.02
Price
$2.95
GF Value