---
title: Qnity Electronics (Q) — intrinsic value and fair price
canonical: https://sweetvaluelab.com/stocks/q
ticker: Q
as_of: 2026-10-17
sector: Technology
industry: Semiconductors
---
# Qnity Electronics (Q)

Qnity Electronics (Q) closed at $115.37 on Oct 16, 2026, overvalued by 71% vs its model value of $67.57 (from a five-year discounted cash flow).

## Key figures

| Figure | Value |
| --- | ---: |
| Last close | $115.37 (Oct 16, 2026) |
| Model value (from a five-year discounted cash flow) | $67.57 |
| Price vs model | overvalued by 71% vs model |
| Range of that model | $45.47 – $119.80 |
| Market value | $24.1B |
| P/E (fiscal 2025) | 35.0 |
| Net margin (fiscal 2025) | 14.6% |
| Free cash flow (fiscal 2025) | $988.0M |
| Dividend yield (trailing twelve months) | 0.26% |
| Beta | 1.59 |
| Cost of capital (WACC) | 9.86% |
| Business classification | Cyclical (Low/slowing growth (~9% recent), Moderate margins (15% net margin), Moderately volatile earnings) |

## On the stock lists

| List | Place | Figure | Page |
| --- | ---: | ---: | --- |
| Insider buying | #38 | $138,136 | https://sweetvaluelab.com/lists/insider-buying |

## Dividends

| Figure | Value |
| --- | ---: |
| Trailing dividend yield | 0.26% |
| Dividends per share, last 12 months | $0.30 |
| Dividends / free cash flow (fiscal 2025) | 1.3% |
| Raised | — |
| Growth | — |
| Latest payment | $0.08, ex-date Aug 31, 2026, paid Sep 15, 2026 |

| Year of payments | Dividends per share |
| --- | ---: |
| Trailing twelve months (to Aug 31, 2026) | $0.30 |

## Valuation models

Each model's value per share and the role the engine gave it for this business. The headline above is one model's value; every other model is listed with its own, and each has a page of its own under the valuation. Computed Oct 17, 2026.

| Model | Role | Value per share | Low | High |
| --- | --- | ---: | ---: | ---: |
| DCF · Perpetuity growth · 5y | primary | $67.57 | $45.47 | $119.80 |
| DCF · Perpetuity growth · 10y | cross check | $80.58 | $55.77 | $138.29 |
| DCF · EBITDA exit · 5y | cross check | $210.16 | $166.27 | $261.23 |
| DCF · EBITDA exit · 10y | cross check | $202.99 | $150.58 | $271.11 |
| P/E · peers | cross check | $144.57 | $119.65 | $216.99 |
| P/E · own history | cross check | $0.00 | $0.00 | $0.00 |
| PEG | sanity check | $76.87 | $76.87 | $76.87 |
| EV/EBITDA · peers | cross check | $206.61 | $159.57 | $238.18 |
| EV/Revenue · peers | cross check | $192.31 | $148.57 | $246.12 |
| Earnings power value | cross check | $20.81 | $16.11 | $27.21 |
| Dividend discount | cross check | $1.08 | $0.80 | $1.56 |

## Insider activity (SEC Form 4)

Past 90 days: 1 open-market buy ($138,136) and 0 open-market sales ($0); 10b5-1 plan sales included.

| Date | Insider | Relationship | Transaction | Shares | Value |
| --- | --- | --- | --- | ---: | ---: |
| Aug 31, 2026 | CURTIN TERRENCE R | Director | Grant / award | 272.126 | $32,500 |
| Aug 31, 2026 | Green Byron | Director | Grant / award | 272.126 | $32,500 |
| Aug 11, 2026 | De Bondt Karin | Director | Open-market buy | 1,000 | $138,136 |
| Aug 5, 2026 | Dei Cas Katherine | President, Semiconductor | Grant / award | 2,937 | $0 |
| Jun 12, 2026 | Fortebuono Kathleen M. | Chief People Officer | Tax withholding | 418.02 | $62,600.5 |

## Recent SEC filings

| Filed | Form | What | Filing |
| --- | --- | --- | --- |
| Sep 10, 2026 | 8-K | 8.01 Other Events | https://www.sec.gov/Archives/edgar/data/2058873/000205887326000037/q-20260910.htm |
| Aug 21, 2026 | 8-K | 5.02 Departure/Election of Directors or Officers; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/2058873/000205887326000033/q-20260821.htm |
| Aug 4, 2026 | 10-Q | Quarterly report | https://www.sec.gov/Archives/edgar/data/2058873/000205887326000030/q-20260630.htm |
| Aug 4, 2026 | 8-K | 2.02 Results of Operations (Earnings); 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/2058873/000205887326000028/q-20260804.htm |
| Jul 1, 2026 | 8-K | 1.01 Entry into a Material Agreement; 2.03 Creation of a Direct Financial Obligation; 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/2058873/000205887326000025/q-20260701.htm |

## Superinvestors holding it (latest 13F)

| Manager | Quarter | Shares | Value |
| --- | --- | ---: | ---: |
| Henry Ellenbogen | 2026-06-30 | 4,553,414 | $743.6M |
| Druckenmiller | 2026-06-30 | 125,655 | $20.5M |
| Bridgewater | 2026-06-30 | 11,219 | $1.8M |
| Dodge & Cox | 2026-06-30 | 6,369 | $1.0M |

5 tracked managers in all.

## About

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.

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Source: https://sweetvaluelab.com/stocks/q (SweetValueLab, free, no account). Prices and statements from Financial Modeling Prep; filings from SEC EDGAR. Research and educational data, not investment advice; nothing here is a recommendation to buy, sell or hold any security.