Dashboard
1
Weak Long Term Fundamental Strength with an average Return on Equity (ROE) of 11.63%
- The company has been able to generate a Return on Equity (avg) of 11.63% signifying low profitability per unit of shareholders funds
2
The company declared negative results in Sep'24 after flat results in Mar'24
3
With ROE of 0.83%, it has a very expensive valuation with a 1.52 Price to Book Value
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-10.0%
0%
-10.0%
6 Months
21.15%
0%
21.15%
1 Year
-47.32%
0%
-47.32%
2 Years
-29.37%
0%
-29.37%
3 Years
-27.84%
0%
-27.84%
4 Years
-8.12%
0%
-8.12%
5 Years
35.08%
0%
35.08%
Solid State Plc for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
17.36%
EBIT Growth (5y)
-0.96%
EBIT to Interest (avg)
5.91
Debt to EBITDA (avg)
0.17
Net Debt to Equity (avg)
0.05
Sales to Capital Employed (avg)
2.01
Tax Ratio
26.76%
Dividend Payout Ratio
277.78%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
16.10%
ROE (avg)
11.63%
Valuation key factors
Factor
Value
P/E Ratio
93
Industry P/E
Price to Book Value
1.52
EV to EBIT
76.43
EV to EBITDA
15.42
EV to Capital Employed
1.46
EV to Sales
0.82
PEG Ratio
NA
Dividend Yield
30.32%
ROCE (Latest)
1.91%
ROE (Latest)
0.83%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Bearish
Mildly Bullish
Dow Theory
Mildly Bullish
Mildly Bearish
OBV
Mildly Bullish
Mildly Bearish
Shareholding Snapshot
No data for shareholding present.
Shareholding Compare (%holding) 
No data for shareholding present.
Annual Results Snapshot (Consolidated) - Mar'23
Mar'23
Mar'22
Change(%)
Net Sales
126.50
85.00
48.82%
Operating Profit (PBDIT) excl Other Income
14.10
7.10
98.59%
Interest
0.80
0.20
300.00%
Exceptional Items
-0.40
-0.60
33.33%
Consolidate Net Profit
6.70
2.50
168.00%
Operating Profit Margin (Excl OI)
78.20%
50.40%
2.78%
USD in Million.
Net Sales
YoY Growth in year ended Mar 2023 is 48.82% vs 28.21% in Mar 2022
Consolidated Net Profit
YoY Growth in year ended Mar 2023 is 168.00% vs -37.50% in Mar 2022
About Solid State Plc 
Solid State Plc
Electronics & Appliances
Solid State PLC is engaged in manufacturing of electronic equipment and distribution of electronic components and materials. The Company is a manufacturer and specialist design-in distributor to the electronics industry. Its segments are Distribution division and Manufacturing division. The distribution division comprises Solid State Supplies Limited and Ginsbury Electronics Limited. The manufacturing division includes Steatite Limited and Q-Par Angus Limited. Its geographical segments include UK and Non UK. The Company is a supplier of computing technologies, electronic components, antennas, microwave systems, secure communications systems and battery power solutions. It markets its products through brands, including ndura RUGGED and RZ Pressure. It acts as both a distributor to original equipment manufacturers (OEMs) and manufacturer of specialist units to clients with complex requirements. It serves aerospace, environmental, government, oil and gas, and transportation markets.
Company Coordinates 
Company Details
Ravensbank Business Park, 2 Hedera Road , REDDITCH None : B98 9EY
Registrar Details






