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Solid State AIM:SOLI Stock Report

Last Price

UK£1.28

Market Cap

UK£72.7m

7D

-1.9%

1Y

-53.5%

Updated

22 Dec, 2024

Data

Company Financials +

Solid State plc

AIM:SOLI Stock Report

Market Cap: UK£72.7m

SOLI Stock Overview

Designs, manufactures, and supplies electronic equipment in the United Kingdom, rest of Europe, Asia, North America, and internationally. More details

SOLI fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance1/6
Financial Health5/6
Dividends5/6

Rewards

Trading at 39.5% below our estimate of its fair value

Pays a reliable dividend of 3.37%

Risk Analysis

Earnings are forecast to decline by an average of 69.2% per year for the next 3 years

Highly volatile share price over the past 3 months compared to the UK market

Does not have a meaningful market cap (£73M)

Large one-off items impacting financial results


My Notes

Capture your thoughts, links and company narrative

Solid State plc Competitors

Strix Group

AIM:KETL

UK£103.7m

SDI Group

AIM:SDI

UK£60.6m

Synectics

AIM:SNX

UK£58.3m

Spectra Systems

AIM:SPSY

UK£113.8m

Price History & Performance

Summary of share price highs, lows and changes for Solid State
Historical stock prices
Current Share PriceUK£1.28
52 Week HighUK£3.08
52 Week LowUK£1.00
Beta1.04
1 Month Change-3.77%
3 Month Change-49.20%
1 Year Change-53.47%
3 Year Change-52.43%
5 Year Change4.94%
Change since IPO608.33%

Recent News & Updates

Market Cool On Solid State plc's (LON:SOLI) Earnings Pushing Shares 46% Lower

Nov 16
Market Cool On Solid State plc's (LON:SOLI) Earnings Pushing Shares 46% Lower

Recent updates

Market Cool On Solid State plc's (LON:SOLI) Earnings Pushing Shares 46% Lower

Nov 16
Market Cool On Solid State plc's (LON:SOLI) Earnings Pushing Shares 46% Lower

Solid State (LON:SOLI) Is Increasing Its Dividend To £0.145

Aug 09
Solid State (LON:SOLI) Is Increasing Its Dividend To £0.145

The Strong Earnings Posted By Solid State (LON:SOLI) Are A Good Indication Of The Strength Of The Business

Jul 15
The Strong Earnings Posted By Solid State (LON:SOLI) Are A Good Indication Of The Strength Of The Business

Solid State's (LON:SOLI) Upcoming Dividend Will Be Larger Than Last Year's

Jul 11
Solid State's (LON:SOLI) Upcoming Dividend Will Be Larger Than Last Year's

Solid State's (LON:SOLI) Dividend Will Be £0.07

Dec 11
Solid State's (LON:SOLI) Dividend Will Be £0.07

Here's Why We Think Solid State (LON:SOLI) Might Deserve Your Attention Today

Oct 12
Here's Why We Think Solid State (LON:SOLI) Might Deserve Your Attention Today

We Think Solid State (LON:SOLI) Can Manage Its Debt With Ease

Sep 23
We Think Solid State (LON:SOLI) Can Manage Its Debt With Ease

Solid State's (LON:SOLI) Upcoming Dividend Will Be Larger Than Last Year's

Aug 30
Solid State's (LON:SOLI) Upcoming Dividend Will Be Larger Than Last Year's

Solid State's (LON:SOLI) Dividend Will Be Increased To £0.135

Aug 16
Solid State's (LON:SOLI) Dividend Will Be Increased To £0.135

Solid State (LON:SOLI) Is Increasing Its Dividend To £0.135

Jul 07
Solid State (LON:SOLI) Is Increasing Its Dividend To £0.135

Solid State's (LON:SOLI) Shareholders Will Receive A Bigger Dividend Than Last Year

Jan 09
Solid State's (LON:SOLI) Shareholders Will Receive A Bigger Dividend Than Last Year

Solid State (LON:SOLI) Is Increasing Its Dividend To £0.065

Dec 23
Solid State (LON:SOLI) Is Increasing Its Dividend To £0.065

Solid State (LON:SOLI) Is Paying Out A Larger Dividend Than Last Year

Dec 09
Solid State (LON:SOLI) Is Paying Out A Larger Dividend Than Last Year

Calculating The Intrinsic Value Of Solid State plc (LON:SOLI)

Oct 27
Calculating The Intrinsic Value Of Solid State plc (LON:SOLI)

Solid State (LON:SOLI) Has Announced That It Will Be Increasing Its Dividend To £0.1325

Aug 13
Solid State (LON:SOLI) Has Announced That It Will Be Increasing Its Dividend To £0.1325

Solid State's (LON:SOLI) Upcoming Dividend Will Be Larger Than Last Year's

Jul 30
Solid State's (LON:SOLI) Upcoming Dividend Will Be Larger Than Last Year's

Estimating The Intrinsic Value Of Solid State plc (LON:SOLI)

Jul 20
Estimating The Intrinsic Value Of Solid State plc (LON:SOLI)

Is Now The Time To Look At Buying Solid State plc (LON:SOLI)?

Apr 28
Is Now The Time To Look At Buying Solid State plc (LON:SOLI)?

Solid State (LON:SOLI) Might Be Having Difficulty Using Its Capital Effectively

Mar 23
Solid State (LON:SOLI) Might Be Having Difficulty Using Its Capital Effectively

Is Now The Time To Put Solid State (LON:SOLI) On Your Watchlist?

Jan 11
Is Now The Time To Put Solid State (LON:SOLI) On Your Watchlist?

Solid State (LON:SOLI) Is Paying Out A Larger Dividend Than Last Year

Dec 23
Solid State (LON:SOLI) Is Paying Out A Larger Dividend Than Last Year

Here's Why Solid State (LON:SOLI) Can Manage Its Debt Responsibly

Dec 23
Here's Why Solid State (LON:SOLI) Can Manage Its Debt Responsibly

Solid State (LON:SOLI) Is Increasing Its Dividend To UK£0.063

Dec 09
Solid State (LON:SOLI) Is Increasing Its Dividend To UK£0.063

Capital Allocation Trends At Solid State (LON:SOLI) Aren't Ideal

Dec 08
Capital Allocation Trends At Solid State (LON:SOLI) Aren't Ideal

At UK£11.10, Is It Time To Put Solid State plc (LON:SOLI) On Your Watch List?

Sep 29
At UK£11.10, Is It Time To Put Solid State plc (LON:SOLI) On Your Watch List?

Capital Allocation Trends At Solid State (LON:SOLI) Aren't Ideal

Aug 10
Capital Allocation Trends At Solid State (LON:SOLI) Aren't Ideal

Solid State (LON:SOLI) Is Increasing Its Dividend To UK£0.11

Jul 16
Solid State (LON:SOLI) Is Increasing Its Dividend To UK£0.11

At UK£8.80, Is Solid State plc (LON:SOLI) Worth Looking At Closely?

Jun 03
At UK£8.80, Is Solid State plc (LON:SOLI) Worth Looking At Closely?

Shareholder Returns

SOLIGB ElectronicGB Market
7D-1.9%-0.7%-2.6%
1Y-53.5%-3.3%2.4%

Return vs Industry: SOLI underperformed the UK Electronic industry which returned -3.3% over the past year.

Return vs Market: SOLI underperformed the UK Market which returned 2.4% over the past year.

Price Volatility

Is SOLI's price volatile compared to industry and market?
SOLI volatility
SOLI Average Weekly Movement12.8%
Electronic Industry Average Movement6.1%
Market Average Movement4.8%
10% most volatile stocks in GB Market10.7%
10% least volatile stocks in GB Market2.6%

Stable Share Price: SOLI's share price has been volatile over the past 3 months compared to the UK market.

Volatility Over Time: SOLI's weekly volatility has increased from 7% to 13% over the past year.

About the Company

FoundedEmployeesCEOWebsite
1963400Gary Marshsolidstateplc.com

Solid State plc, together with its subsidiaries, designs, manufactures, and supplies electronic equipment in the United Kingdom, rest of Europe, Asia, North America, and internationally. The company operates through Components and Systems divisions. The Components division provides own brand manufactured and franchised components; and value-added services, including sourcing and obsolescence management.

Solid State plc Fundamentals Summary

How do Solid State's earnings and revenue compare to its market cap?
SOLI fundamental statistics
Market capUK£72.73m
Earnings (TTM)UK£5.35m
Revenue (TTM)UK£136.95m

13.6x

P/E Ratio

0.5x

P/S Ratio

Is SOLI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SOLI income statement (TTM)
RevenueUK£136.95m
Cost of RevenueUK£93.23m
Gross ProfitUK£43.72m
Other ExpensesUK£38.38m
EarningsUK£5.35m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.094
Gross Margin31.92%
Net Profit Margin3.90%
Debt/Equity Ratio16.6%

How did SOLI perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

40%

Payout Ratio

Does SOLI pay a reliable dividends?

See SOLI dividend history and benchmarks
When do you need to buy SOLI by to receive an upcoming dividend?
Solid State dividend dates
Ex Dividend DateJan 23 2025
Dividend Pay DateFeb 14 2025
Days until Ex dividend32 days
Days until Dividend pay date54 days

Does SOLI pay a reliable dividends?

See SOLI dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:56
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Solid State plc is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David BuxtonCavendish
Natalya DaviesEdison Investment Research
John Stephen CumminsZeus Capital Limited