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Element Solutions Inc (ESI)

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Upturn Advisory Summary
01/09/2026: ESI (1-star) has a low Upturn Star Rating. Not recommended to BUY.
1 Year Target Price $32
1 Year Target Price $32
| 7 | Strong Buy |
| 3 | Buy |
| 1 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -17.75% | Avg. Invested days 37 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating ![]() | Upturn Advisory Performance | Stock Returns Performance |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 6.67B USD | Price to earnings Ratio 27.84 | 1Y Target Price 32 |
Price to earnings Ratio 27.84 | 1Y Target Price 32 | ||
Volume (30-day avg) 11 | Beta 1.28 | 52 Weeks Range 16.60 - 28.13 | Updated Date 01/9/2026 |
52 Weeks Range 16.60 - 28.13 | Updated Date 01/9/2026 | ||
Dividends yield (FY) 1.15% | Basic EPS (TTM) 0.99 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 9.58% | Operating Margin (TTM) 15.36% |
Management Effectiveness
Return on Assets (TTM) 4.38% | Return on Equity (TTM) 9.35% |
Valuation
Trailing PE 27.84 | Forward PE 16.34 | Enterprise Value 7700417629 | Price to Sales(TTM) 2.67 |
Enterprise Value 7700417629 | Price to Sales(TTM) 2.67 | ||
Enterprise Value to Revenue 3.08 | Enterprise Value to EBITDA 15.17 | Shares Outstanding 241999914 | Shares Floating 225737520 |
Shares Outstanding 241999914 | Shares Floating 225737520 | ||
Percent Insiders 7.63 | Percent Institutions 101.7 |
Upturn AI SWOT
Element Solutions Inc

Company Overview
History and Background
Element Solutions Inc., formerly known as MacDermid Performance Solutions, was formed in 2019 through a spin-off from Platform Specialty Products. The company's roots can be traced back through various acquisitions and mergers of specialty chemical companies over decades, with significant operations dating back to the mid-20th century. The rebranding to Element Solutions Inc. aimed to better reflect its diversified portfolio of high-value specialty chemicals and advanced materials.
Core Business Areas
- Electronics: Designs, manufactures, and supplies advanced chemical processes and materials for the electronics industry, including semiconductor fabrication, printed circuit board (PCB) manufacturing, and assembly. Products include plating chemicals, etching solutions, and surface finishing materials.
- Industrial & Specialty: Provides a broad range of specialty chemicals, materials, and services for various industrial applications such as automotive, aerospace, and general manufacturing. This includes metal finishing chemicals, surface treatment solutions, and coatings.
- Water Treatment: Offers a portfolio of specialty chemicals and services for water treatment applications, primarily focused on industrial and municipal water systems. This segment aims to improve water quality, manage wastewater, and enhance operational efficiency.
Leadership and Structure
Element Solutions Inc. is led by a senior management team comprising a Chief Executive Officer, Chief Financial Officer, and heads of its various business segments. The company operates through its main segments and has a global presence with manufacturing and R&D facilities worldwide.
Top Products and Market Share
Key Offerings
- Plating Chemicals for PCBs: Essential chemicals used in the manufacturing of printed circuit boards for electroplating and surface finishing. Competitors include Atotech (MKS Instruments), Dow, and Henkel.
- Semiconductor Fabrication Chemicals: High-purity chemicals and process solutions critical for semiconductor manufacturing steps like etching, cleaning, and deposition. Key competitors include Entegris, Merck KGaA (EMD Electronics), and DuPont.
- Surface Treatment for Automotive and Aerospace: Specialty coatings and chemical treatments for improving the durability, corrosion resistance, and aesthetic appeal of metal components in automotive and aerospace industries. Competitors include PPG Industries, Sherwin-Williams, and AkzoNobel.
Market Dynamics
Industry Overview
Element Solutions operates in the highly specialized and cyclical specialty chemicals market. Key drivers include global industrial production, technological advancements in electronics, and increasing demand for high-performance materials. The industry is characterized by strong R&D requirements, stringent regulatory compliance, and a need for deep technical expertise and customer relationships.
Positioning
Element Solutions Inc. is positioned as a provider of high-value, mission-critical specialty chemicals and materials. Its competitive advantages lie in its strong technological capabilities, extensive patent portfolio, deep customer relationships, and a global manufacturing and service footprint. The company focuses on niche markets where performance and reliability are paramount.
Total Addressable Market (TAM)
The TAM for the specialty chemicals market is substantial and growing, with estimates varying by segment but generally in the hundreds of billions of dollars globally. Element Solutions' TAM is primarily within the electronics, industrial coatings, and water treatment sectors. The company aims to capture a significant share of these high-growth, high-margin segments through innovation and strategic expansion.
Upturn SWOT Analysis
Strengths
- Strong technological expertise and R&D capabilities.
- Diversified portfolio across multiple end markets.
- Established global manufacturing and distribution network.
- Long-standing customer relationships and deep integration.
- Focus on high-value, differentiated products.
Weaknesses
- Susceptibility to cyclicality in end markets (e.g., automotive, electronics).
- Potential for supply chain disruptions.
- Reliance on key raw materials and fluctuating commodity prices.
- Integration challenges from past or future acquisitions.
Opportunities
- Growing demand for advanced materials in electronics and semiconductors.
- Expansion into emerging markets and new geographic regions.
- Development of sustainable and environmentally friendly chemical solutions.
- Strategic acquisitions to enhance product portfolio or market reach.
- Increased outsourcing of chemical processes by manufacturing companies.
Threats
- Intensifying competition from established players and new entrants.
- Increasing environmental regulations and compliance costs.
- Economic downturns impacting industrial production.
- Technological obsolescence of existing products.
- Geopolitical risks and trade uncertainties.
Competitors and Market Share
Key Competitors
- Atotech (MKS Instruments) (MKS)
- DuPont (DD)
- Henkel AG & Co. KGaA (OTCPK:HENKY)
- Merck KGaA (EMD Electronics) (OTCPK:MKGAF)
- Entegris (ENTG)
Competitive Landscape
Element Solutions Inc. holds a strong position in its key markets due to its technological leadership, integrated solutions, and established customer base. Its advantages include a comprehensive product portfolio serving critical stages of electronics manufacturing and industrial processes. However, it faces intense competition from global chemical giants with significant R&D budgets and diversified offerings, as well as specialized players in specific niches. Pricing pressure and the need for continuous innovation are constant challenges.
Major Acquisitions
Duralum
- Year: 2021
- Acquisition Price (USD millions):
- Strategic Rationale: Acquisition of Duralum, a manufacturer of aluminum anode and magnesium products, was aimed at strengthening Element Solutions' position in the aluminum finishing market and expanding its portfolio of surface treatment solutions for industrial applications.
Zestron
- Year: 2020
- Acquisition Price (USD millions):
- Strategic Rationale: Acquisition of Zestron, a global leader in cleaning solutions for the electronics industry, was intended to enhance Element Solutions' offering in the electronics assembly and cleaning segment, complementing its existing PCB and semiconductor materials business.
Growth Trajectory and Initiatives
Historical Growth: Element Solutions has achieved historical growth through a combination of organic expansion, driven by innovation and strong demand in its core segments, and strategic acquisitions that have broadened its product offerings and market penetration.
Future Projections: Analyst projections generally indicate continued revenue and earnings growth for Element Solutions, supported by ongoing trends in digitalization, advanced manufacturing, and the demand for high-performance specialty chemicals. Growth is expected to be particularly robust in the Electronics segment. Specific analyst consensus figures would be required for precise projections.
Recent Initiatives: Recent initiatives include continued investment in R&D to develop next-generation materials for the semiconductor and electronics industries, integration of acquired businesses, and efforts to optimize operational efficiency and sustainability across its global footprint.
Summary
Element Solutions Inc. is a strong player in the specialty chemicals market, particularly within electronics and industrial applications, benefiting from innovation and global reach. Its diversified portfolio and focus on high-value products provide resilience. However, it must navigate industry cyclicality, intense competition, and evolving regulatory landscapes to maintain its growth trajectory and competitive edge.
Similar Stocks
Sources and Disclaimers
Data Sources:
- Element Solutions Inc. Investor Relations
- Company SEC Filings (10-K, 10-Q)
- Financial News Outlets (e.g., Reuters, Bloomberg)
- Industry Research Reports
Disclaimers:
This analysis is based on publicly available information and is intended for informational purposes only. It does not constitute financial advice. Market share data and acquisition prices are estimates and may vary. Specific financial metrics require consulting the latest official financial reports. Projections are subject to inherent uncertainties and market fluctuations.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Element Solutions Inc
Exchange NYSE | Headquaters Fort Lauderdale, FL, United States | ||
IPO Launch date 2013-10-22 | CEO & Director Mr. Benjamin Gliklich | ||
Sector Basic Materials | Industry Specialty Chemicals | Full time employees 5300 | Website https://elementsolutionsinc.com |
Full time employees 5300 | Website https://elementsolutionsinc.com | ||
Element Solutions Inc operates as a specialty chemicals company in the United States, China, and internationally. It operates in two segments: Electronics and Industrial & Specialty. The Electronics segment provides assembly solutions, including surface mount technologies, fluxes, thermal management materials, coatings, and other attachment materials; circuitry solutions, such as circuit board metallization, circuit formation products, electronic materials, surface finishes, and film and smart surface solutions; and semiconductor solutions, which includes semiconductor assembly and wafer level packaging materials. This segment serves the mobile communications, computers, automobiles, and aerospace equipment industries. The Industrial & Specialty segment offers industrial solutions, including electroless nickel, plating products, pre-treatment and cleaning solutions, functional conversion coatings, wastewater solutions, and water treatment; graphics solutions, such as solid sheet printing elements and liquid imaging products; and energy solutions, which includes offshore fluids. This segment serves the aerospace, automotive, construction, consumer electronics, consumer packaged goods, and oil and gas production end markets. The company was formerly known as Platform Specialty Products Corporation and changed its name to Element Solutions Inc in January 2019. Element Solutions Inc was founded in 1785 and is headquartered in Fort Lauderdale, Florida.

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