Solid State Plc

  • Market Cap: Micro Cap
  • Industry: Electronics & Appliances
  • ISIN: GB0008237132
GBP
1.61
-0.01 (-0.92%)
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

N/A

Shareholding

FII

N/A

DII

N/A

Promoter

N/A

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

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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

Healthy long term growth as Net Sales has grown by an annual rate of 17.36% and Operating profit at -0.96%

 
3

The company declared negative results in Sep'24 after flat results in Mar'24

4

With ROE of 0.83%, it has a very expensive valuation with a 1.52 Price to Book Value

stock-summaryMojo Parameters

Mojo Parameters

Stock DNA

stock-summary
Industry

Electronics & Appliances

stock-summary
Market cap

GBP 92 Million (Micro Cap)

stock-summary
P/E

93.00

stock-summary
Industry P/E

NA

stock-summary
Dividend Yield

31.79%

stock-summary
Debt Equity

0.13

stock-summary
Return on Equity

3.89%

stock-summary
Price to Book

1.48

Revenue and Profits:
Net Sales:
(Quarterly Results - )
Net Profit:
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
0.63%
0%
0.63%
6 Months
-6.67%
0%
-6.67%
1 Year
17.09%
0%
17.09%
2 Years
-37.6%
0%
-37.6%
3 Years
-88.12%
0%
-88.12%
4 Years
-84.67%
0%
-84.67%
5 Years
-74.44%
0%
-74.44%

Solid State Plc for the last several years.

Risk Adjusted Returns v/s stock-summary
stock-summaryNews & Corporate Actions

News

Icon
No Recent News for the Company

Announcements stock-summary

Icon
No announcement available

Corporate Actions stock-summary

Icon
No corporate action available
stock-summaryKey Factors

Quality key factors stock-summary

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
Mildly Bullish
Mildly Bullish
RSI
Bearish
No Signal
Bollinger Bands
Mildly Bullish
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Bullish
Mildly Bullish
Dow Theory
No Trend
Mildly Bullish
OBV
No Trend
Mildly Bullish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshotstock-summary
Icon
No data for shareholding present.
Shareholding Compare (%holding) stock-summary
Icon
No data for shareholding present.
stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "alert": "No Quarterly Results declared by Solid State Plc"
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'23",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2023 is 48.82% vs 28.21% in Mar 2022",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2023 is 168.00% vs -37.50% in Mar 2022",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'23",
        "Mar'22",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "126.50",
          "val2": "85.00",
          "chgp": "48.82%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "14.10",
          "val2": "7.10",
          "chgp": "98.59%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.80",
          "val2": "0.20",
          "chgp": "300.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "-0.40",
          "val2": "-0.60",
          "chgp": "33.33%",
          "chgp_class": "positive"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "6.70",
          "val2": "2.50",
          "chgp": "168.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "78.20%",
          "val2": "50.40%",
          "chgp": "2.78%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]

Annual Results Snapshot (Consolidated) - Mar'23stock-summary

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.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2023 is 48.82% vs 28.21% in Mar 2022

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2023 is 168.00% vs -37.50% in Mar 2022

stock-summaryCompany CV
About Solid State Plc stock-summary
stock-summary
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 stock-summary
Company Details
Ravensbank Business Park, 2 Hedera Road , REDDITCH None : B98 9EY
Registrar Details