Qnity Electronics, Inc. (Q) DCF Valuation
Why we don't show a single “fair value” for Q
Even the optimistic scenario of a conservative trailing-FCF model ($44.08) sits far below today's price — the market is paying for growth and durability beyond what this model structure captures. The honest lens is the question below: what growth does today's price actually require? The model scenarios are listed further down for reference.
What would today's price require?
$168.98 is justified only if free cash flow grows about +38.0% a year (fading to 2.5% long-run) at a 11.5% required return.
| Scenario | FCF growth (fading to 2.5%) | Discount | Value / share |
|---|---|---|---|
| Conservative | 0.5%/yr | 12.5% | $23.79 |
| Base case | 2.0%/yr | 11.5% | $31.08 |
| Optimistic | 5.0%/yr | 10.5% | $44.08 |
| Analyst DCF (FMP) | independent reference — different model | $29.30 | |
Current Price
$168.98
Market-Implied Growth
+38.0%/yr
Base-Case Model Value
$31.08
model output — not a price target
Q DCF Fair Value Calculator
Edit the assumptions to see how they change the estimated fair value. Opens seeded with TGM's data-driven base case for Q (growth from its own 5-year record, discount from its beta), so the sandbox starts where the scenarios above leave off. Illustrative model — not investment advice.
Base inputs: FCF $906.0M · 0.21B shares · net debt $3.6B
Estimated Fair Value
$30.38
-82.0% vs $168.98
Sensitivity — fair value by discount rate × terminal growth
How the estimated fair value shifts with the discount rate (WACC) and terminal growth, holding your 2.0%/yr FCF growth and 10-year horizon fixed. Green = above today's $168.98; red = below. Your current case is outlined.
| WACC ↓ / Terminal → | 1.50% | 2.00% | 2.50% | 3.00% | 3.50% |
|---|---|---|---|---|---|
| 9.5% | $39.67 | $41.61 | $43.83 | $46.40 | $49.38 |
| 10.5% | $33.29 | $34.69 | $36.27 | $38.06 | $40.11 |
| 11.5% | $28.18 | $29.22 | $30.38 | $31.68 | $33.13 |
| 12.5% | $24.01 | $24.80 | $25.67 | $26.63 | $27.70 |
| 13.5% | $20.53 | $21.14 | $21.81 | $22.54 | $23.34 |
About Qnity Electronics, Inc.
Qnity Electronics, Inc. specializes in providing electronic solutions and materials essential for manufacturing semiconductor chips, alongside advanced electronic materials. Previously known as Novus SpinCo 1, Inc., the company officially adopted its current name, Qnity Electronics, Inc., in April 2025. Its operations are headquartered in Wilmington, Delaware.
- Sector
- Technology
- Industry
- Semiconductors
- CEO
- Jon D. Kemp