Solid State plc Logo

Solid State plc

SOLI.L

(2.0)
Stock Price

137,50 GBp

12.07% ROA

14.05% ROE

3.2x PER

Market Cap.

142.118.050,00 GBp

22.01% DER

3.96% Yield

5.43% NPM

Solid State plc Stock Analysis

Solid State plc Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Solid State plc Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a minimal amount of debt (21%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

2 Dividend

With a solid track record of dividend payments over the past five years, the company has established itself as a dependable choice for investors seeking consistent income.

3 ROE

ROE in an average range (9.6%) suggests satisfactory profitability and decent utilization of shareholders' equity.

4 ROA

The stock's ROA (5.43%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

5 Assets Growth

Over the past three years, this company's revenue has consistently grown, demonstrating a positive financial trend that makes it an appealing choice.

6 Dividend Growth

Investors can take confidence in the company's impressive track record of annual dividend growth over the last three years, showcasing a commitment to providing higher returns.

7 PBV

The stock's elevated P/BV ratio (4.28x) raises concerns about its overvaluation, making it an imprudent choice for investors seeking value.

8 Revenue Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

9 Net Profit Growth

Despite the passage of five years, this company's net profit has not shown any improvement, highlighting a lack of growth and making it a less appealing investment prospect.

10 Graham Number

Based on the Graham number, this company's stock price appears to be higher than its intrinsic value, signaling a potentially unfavorable investment choice.

11 Buffet Intrinsic Value

The company's stock presents a potential concern as it appears overvalued (320) by Warren Buffett's formula, indicating that its market price exceeds its estimated intrinsic value.

Solid State plc Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Solid State plc Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Buy

Solid State plc Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Solid State plc Revenue
Year Revenue Growth
1993 2.722.000
1994 3.304.000 17.62%
1995 4.226.000 21.82%
1996 4.971.000 14.99%
1997 5.309.000 6.37%
1998 6.100.000 12.97%
1999 6.327.000 3.59%
2000 9.166.000 30.97%
2001 5.986.000 -53.12%
2002 9.008.000 33.55%
2003 8.638.000 -4.28%
2004 9.480.000 8.88%
2005 10.452.000 9.3%
2006 12.370.000 15.51%
2007 10.724.000 -15.35%
2008 12.522.000 14.36%
2009 13.509.000 7.31%
2010 21.169.000 36.18%
2011 25.874.000 18.18%
2012 31.494.977 17.85%
2013 32.085.432 1.84%
2014 36.559.277 12.24%
2015 44.100.261 17.1%
2016 40.021.000 -10.19%
2017 46.268.000 13.5%
2018 56.299.000 17.82%
2019 67.417.000 16.49%
2020 67.417.000 0%
2020 66.281.000 -1.71%
2021 84.997.000 22.02%
2022 126.503.000 32.81%
2023 300.712.000 57.93%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Solid State plc Research and Development Expenses
Year Research and Development Expenses Growth
1993 0
1994 0 0%
1995 0 0%
1996 0 0%
1997 0 0%
1998 0 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 10.000 100%
2006 89.000 88.76%
2007 94.000 5.32%
2008 154.000 38.96%
2009 87.000 -77.01%
2010 115.000 24.35%
2011 178.000 35.39%
2012 0 0%
2013 0 0%
2014 0 0%
2015 532.000 100%
2016 989.000 46.21%
2017 914.000 -8.21%
2018 1.785.000 48.8%
2019 1.350.000 -32.22%
2020 0 0%
2020 1.664.000 100%
2021 2.044.000 18.59%
2022 2.190.000 6.67%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Solid State plc General and Administrative Expenses
Year General and Administrative Expenses Growth
1993 0
1994 0 0%
1995 0 0%
1996 0 0%
1997 0 0%
1998 0 0%
1999 0 0%
2000 0 0%
2001 575.000 100%
2002 1.328.000 56.7%
2003 2.477.000 46.39%
2004 -155.000 1698.06%
2005 -6.000 -2483.33%
2006 -1.304.000 99.54%
2007 308.000 523.38%
2008 430.000 28.37%
2009 428.000 -0.47%
2010 900.000 52.44%
2011 1.052.000 14.45%
2012 3.872.384 72.83%
2013 4.287.653 9.69%
2014 4.700.601 8.79%
2015 5.997.690 21.63%
2016 9.291.000 35.45%
2017 10.229.000 9.17%
2018 13.452.000 23.96%
2019 16.681.000 19.36%
2020 16.681.000 0%
2020 15.634.000 -6.7%
2021 23.801.000 34.31%
2022 30.266.000 21.36%
2023 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Solid State plc EBITDA
Year EBITDA Growth
1993 228.000
1994 385.000 40.78%
1995 482.000 20.12%
1996 386.000 -24.87%
1997 176.000 -119.32%
1998 436.000 59.63%
1999 508.000 14.17%
2000 1.060.000 52.08%
2001 116.000 -813.79%
2002 301.000 61.46%
2003 553.000 45.57%
2004 502.000 -10.16%
2005 129.000 -289.15%
2006 839.000 84.62%
2007 633.000 -32.54%
2008 775.000 18.32%
2009 654.000 -18.5%
2010 1.425.000 54.11%
2011 1.746.000 18.38%
2012 2.119.917 17.64%
2013 2.574.312 17.65%
2014 3.555.725 27.6%
2015 4.939.680 28.02%
2016 3.570.000 -38.37%
2017 3.409.000 -4.72%
2018 4.350.000 21.63%
2019 6.196.000 29.79%
2020 6.196.000 0%
2020 6.374.000 2.79%
2021 6.545.000 2.61%
2022 13.567.000 51.76%
2023 38.120.000 64.41%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Solid State plc Gross Profit
Year Gross Profit Growth
1993 2.722.000
1994 3.304.000 17.62%
1995 4.226.000 21.82%
1996 4.971.000 14.99%
1997 5.309.000 6.37%
1998 1.767.000 -200.45%
1999 1.881.000 6.06%
2000 2.683.000 29.89%
2001 1.619.000 -65.72%
2002 2.760.000 41.34%
2003 2.811.000 1.81%
2004 2.782.000 -1.04%
2005 2.909.000 4.37%
2006 3.586.000 18.88%
2007 3.310.000 -8.34%
2008 3.515.000 5.83%
2009 3.644.000 3.54%
2010 5.886.000 38.09%
2011 7.197.000 18.22%
2012 8.234.458 12.6%
2013 9.356.793 11.99%
2014 11.163.582 16.18%
2015 14.027.767 20.42%
2016 12.027.000 -16.64%
2017 12.743.000 5.62%
2018 16.372.000 22.17%
2019 20.803.000 21.3%
2020 20.803.000 0%
2020 19.919.000 -4.44%
2021 27.527.000 27.64%
2022 39.674.000 30.62%
2023 87.292.000 54.55%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Solid State plc Net Profit
Year Net Profit Growth
1993 119.000
1994 370.000 67.84%
1995 308.000 -20.13%
1996 245.000 -25.71%
1997 79.000 -210.13%
1998 226.000 65.04%
1999 319.000 29.15%
2000 689.000 53.7%
2001 84.000 -720.24%
2002 235.000 64.26%
2003 197.000 -19.29%
2004 236.000 16.53%
2005 -44.000 636.36%
2006 461.000 109.54%
2007 333.000 -38.44%
2008 486.000 31.48%
2009 406.000 -19.7%
2010 968.000 58.06%
2011 1.317.000 26.5%
2012 1.487.078 11.44%
2013 1.876.069 20.73%
2014 2.891.707 35.12%
2015 4.168.327 30.63%
2016 1.851.000 -125.19%
2017 2.243.000 17.48%
2018 2.658.000 15.61%
2019 3.414.000 22.14%
2020 3.414.000 0%
2020 3.953.000 13.64%
2021 2.523.000 -56.68%
2022 6.693.000 62.3%
2023 17.480.000 61.71%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Solid State plc Earning per Share (EPS)
Year Earning per Share (EPS) Growth
1993 0
1994 0 0%
1995 0 0%
1996 0 0%
1997 0 0%
1998 0 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 1 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2020 0 0%
2021 0 0%
2022 1 0%
2023 2 100%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Solid State plc Free Cashflow
Year Free Cashflow Growth
1993 91.000
1994 -138.000 165.94%
1995 -138.000 0%
1996 -497.000 72.23%
1997 -197.000 -152.28%
1998 243.000 181.07%
1999 271.000 10.33%
2000 -1.065.000 125.45%
2001 1.194.000 189.2%
2002 -194.000 715.46%
2003 231.000 183.98%
2004 520.000 55.58%
2005 805.000 35.4%
2006 -122.000 759.84%
2007 655.000 118.63%
2008 364.000 -79.95%
2009 116.000 -213.79%
2010 -110.000 205.45%
2011 -393.000 72.01%
2012 502.289 178.24%
2013 1.641.165 69.39%
2014 1.018.342 -61.16%
2015 885.657 -14.98%
2016 7.249.000 87.78%
2017 640.000 -1032.66%
2018 3.774.000 83.04%
2019 6.797.000 44.48%
2020 5.840.000 -16.39%
2020 1.699.250 -243.68%
2021 3.266.000 47.97%
2022 6.706.000 51.3%
2023 600.000 -1017.67%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Solid State plc Operating Cashflow
Year Operating Cashflow Growth
1993 168.000
1994 -49.000 442.86%
1995 -21.000 -133.33%
1996 -419.000 94.99%
1997 -150.000 -179.33%
1998 404.000 137.13%
1999 381.000 -6.04%
2000 -915.000 141.64%
2001 1.258.000 172.73%
2002 -75.000 1777.33%
2003 420.000 117.86%
2004 601.000 30.12%
2005 950.000 36.74%
2006 67.000 -1317.91%
2007 760.000 91.18%
2008 466.000 -63.09%
2009 278.000 -67.63%
2010 387.000 28.17%
2011 -96.000 503.13%
2012 831.070 111.55%
2013 2.052.377 59.51%
2014 2.204.011 6.88%
2015 1.821.802 -20.98%
2016 9.152.000 80.09%
2017 1.391.000 -557.94%
2018 4.674.000 70.24%
2019 7.657.000 38.96%
2020 6.498.000 -17.84%
2020 1.914.250 -239.45%
2021 5.045.000 62.06%
2022 9.048.000 44.24%
2023 2.144.000 -322.01%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Solid State plc Capital Expenditure
Year Capital Expenditure Growth
1993 77.000
1994 89.000 13.48%
1995 117.000 23.93%
1996 78.000 -50%
1997 47.000 -65.96%
1998 161.000 70.81%
1999 110.000 -46.36%
2000 150.000 26.67%
2001 64.000 -134.38%
2002 119.000 46.22%
2003 189.000 37.04%
2004 81.000 -133.33%
2005 145.000 44.14%
2006 189.000 23.28%
2007 105.000 -80%
2008 102.000 -2.94%
2009 162.000 37.04%
2010 497.000 67.4%
2011 297.000 -67.34%
2012 328.781 9.67%
2013 411.212 20.05%
2014 1.185.669 65.32%
2015 936.145 -26.65%
2016 1.903.000 50.81%
2017 751.000 -153.4%
2018 900.000 16.56%
2019 860.000 -4.65%
2020 658.000 -30.7%
2020 215.000 -206.05%
2021 1.779.000 87.91%
2022 2.342.000 24.04%
2023 1.544.000 -51.68%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Solid State plc Equity
Year Equity Growth
1993 689.000
1994 933.000 26.15%
1995 987.000 5.47%
1996 1.834.000 46.18%
1997 1.850.000 0.86%
1998 1.951.000 5.18%
1999 2.082.000 6.29%
2000 2.490.000 16.39%
2001 2.062.000 -20.76%
2002 2.079.000 0.82%
2003 2.089.000 0.48%
2004 2.198.000 4.96%
2005 2.019.000 -8.87%
2006 2.426.000 16.78%
2007 2.600.000 6.69%
2008 2.965.000 12.31%
2009 3.195.000 7.2%
2010 3.939.000 18.89%
2011 5.106.000 22.86%
2012 6.281.033 18.71%
2013 10.407.103 39.65%
2014 12.391.034 16.01%
2015 15.764.542 21.4%
2016 16.642.000 5.27%
2017 18.020.000 7.65%
2018 19.903.000 9.46%
2019 22.529.000 11.66%
2020 25.502.000 11.66%
2021 27.076.000 5.81%
2022 57.954.000 53.28%
2023 64.620.000 10.32%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Solid State plc Assets
Year Assets Growth
1993 1.748.000
1994 2.121.000 17.59%
1995 2.683.000 20.95%
1996 3.061.000 12.35%
1997 3.459.000 11.51%
1998 3.141.000 -10.12%
1999 3.467.000 9.4%
2000 4.890.000 29.1%
2001 2.957.000 -65.37%
2002 4.482.000 34.02%
2003 4.619.000 2.97%
2004 4.152.000 -11.25%
2005 5.134.000 19.13%
2006 5.702.000 9.96%
2007 6.276.000 9.15%
2008 6.313.000 0.59%
2009 7.022.000 10.1%
2010 10.041.000 30.07%
2011 13.253.000 24.24%
2012 14.639.108 9.47%
2013 21.738.921 32.66%
2014 22.785.478 4.59%
2015 26.641.551 14.47%
2016 23.201.000 -14.83%
2017 25.866.000 10.3%
2018 38.151.000 32.2%
2019 38.678.000 1.36%
2020 53.967.000 28.33%
2021 62.326.000 13.41%
2022 113.788.000 45.23%
2023 113.584.000 -0.18%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Solid State plc Liabilities
Year Liabilities Growth
1993 1.059.000
1994 1.188.000 10.86%
1995 1.696.000 29.95%
1996 1.227.000 -38.22%
1997 1.609.000 23.74%
1998 1.190.000 -35.21%
1999 1.385.000 14.08%
2000 2.400.000 42.29%
2001 895.000 -168.16%
2002 2.403.000 62.75%
2003 2.530.000 5.02%
2004 1.954.000 -29.48%
2005 3.115.000 37.27%
2006 3.276.000 4.91%
2007 3.676.000 10.88%
2008 3.348.000 -9.8%
2009 3.827.000 12.52%
2010 6.102.000 37.28%
2011 8.147.000 25.1%
2012 8.358.075 2.53%
2013 11.331.818 26.24%
2014 10.394.444 -9.02%
2015 10.877.009 4.44%
2016 6.559.000 -65.83%
2017 7.846.000 16.4%
2018 18.248.000 57%
2019 16.149.000 -13%
2020 28.465.000 43.27%
2021 35.250.000 19.25%
2022 55.834.000 36.87%
2023 48.964.000 -14.03%

Solid State plc Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
14.39
Net Income per Share
0.78
Price to Earning Ratio
3.2x
Price To Sales Ratio
0.87x
POCF Ratio
2.93
PFCF Ratio
20.8
Price to Book Ratio
0.44
EV to Sales
0.92
EV Over EBITDA
7.85
EV to Operating CashFlow
15.55
EV to FreeCashFlow
22.01
Earnings Yield
0.31
FreeCashFlow Yield
0.05
Market Cap
0,14 Bil.
Enterprise Value
0,15 Bil.
Graham Number
10.01
Graham NetNet
-0.6

Income Statement Metrics

Net Income per Share
0.78
Income Quality
1.09
ROE
0.14
Return On Assets
0.08
Return On Capital Employed
0.17
Net Income per EBT
0.73
EBT Per Ebit
0.89
Ebit per Revenue
0.08
Effective Tax Rate
0.27

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.28
Operating Profit Margin
0.08
Pretax Profit Margin
0.07
Net Profit Margin
0.05

Dividends

Dividend Yield
0.04
Dividend Yield %
3.96
Payout Ratio
0.26
Dividend Per Share
0.1

Operating Metrics

Operating Cashflow per Share
0.85
Free CashFlow per Share
0.6
Capex to Operating CashFlow
0.29
Capex to Revenue
0.02
Capex to Depreciation
0.58
Return on Invested Capital
0.13
Return on Tangible Assets
0.12
Days Sales Outstanding
62.92
Days Payables Outstanding
31.27
Days of Inventory on Hand
78.34
Receivables Turnover
5.8
Payables Turnover
11.67
Inventory Turnover
4.66
Capex per Share
0.25

Balance Sheet

Cash per Share
0,74
Book Value per Share
5,69
Tangible Book Value per Share
2.16
Shareholders Equity per Share
5.69
Interest Debt per Share
1.38
Debt to Equity
0.22
Debt to Assets
0.13
Net Debt to EBITDA
0.43
Current Ratio
1.92
Tangible Asset Value
0,02 Bil.
Net Current Asset Value
0,02 Bil.
Invested Capital
79021000
Working Capital
0,03 Bil.
Intangibles to Total Assets
0.35
Average Receivables
0,02 Bil.
Average Payables
0,01 Bil.
Average Inventory
26394000
Debt to Market Cap
0.1

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Solid State plc Dividends
Year Dividends Growth
1996 1
1997 3 66.67%
1998 1 0%
1999 3 100%
2000 4 33.33%
2001 7 50%
2002 5 -50%
2003 3 -33.33%
2004 2 -50%
2005 4 33.33%
2006 1 0%
2007 3 100%
2008 2 -50%
2009 3 33.33%
2010 102 97.06%
2011 6 -1600%
2012 7 14.29%
2013 8 12.5%
2014 13 33.33%
2015 8 -50%
2016 16 50%
2017 8 -100%
2018 12 33.33%
2019 13 0%
2020 13 0%
2021 16 25%
2022 20 15.79%
2023 20 5%
2024 370 94.58%

Solid State plc Profile

About Solid State plc

Solid State plc designs and manufactures electronic equipment and supplies the value added electronic components and materials in the United Kingdom, rest of Europe, Asia, North America, and internationally. It operates through Components and Systems divisions. The Components division supplies designed-in products and solutions at the component and sub assembly level to the original equipment manufacturers and the contract electronics manufacturing communities for use in 5G and the Internet of Things, embedded processing, control, wireless and wired communications, electromechanical, power management, optical emitters, sensors, displays, and LED lighting. The Systems division manufactures industrial computers; custom battery packs; and advanced communication systems, including specialist antennas, radios, and video transmission products. This division also designs and manufactures image capture, processing, and transmission computing systems. The company also supplies opto-electronic components. It serves security and defense, medical, greentech, energy, transport, and industrial sectors. The company was formerly known as Solid State Supplies plc and changed its name to Solid State plc in May 2006. Solid State plc was incorporated in 1963 and is headquartered in Redditch, the United Kingdom.

CEO
Mr. Gary Stephen Marsh
Employee
400
Address
2 Ravensbank Business Park
Redditch, B98 9EY

Solid State plc Executives & BODs

Solid State plc Executives & BODs
# Name Age
1 Ms. Lyn Davidson F.C.A.
Group Financial Controller & Company Secretary
70
2 Mr. Alastair Wallace
MD of Steatite Systems
70
3 Mr. John Lawford Macmichael
Executive Director
70
4 Ms. Lyenka Logan
Group HR Director
70
5 Mr. Peter Owen James B.Sc., F.C.A.
Chief Financial Officer, Group Finance Director & Executive Director
70
6 Mr. Gary Stephen Marsh
Chief Executive Officer & Executive Director
70
7 Mr. Matthew Thomas Richards
Executive Director
70

Solid State plc Competitors

Cohort plc Logo
Cohort plc

CHRT.L

(2.8)
XP Power Limited Logo
XP Power Limited

XPP.L

(0.8)
D4t4 Solutions Plc Logo
D4t4 Solutions Plc

D4T4.L

(1.8)
Judges Scientific plc Logo
Judges Scientific plc

JDG.L

(2.2)