SOLID Stock Overview
An investment holding company, engages in the trading and distribution of automotive spare parts and components in Malaysia, the Middle East, Africa, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
My Notes
Capture your thoughts, links and company narrative
Solid Automotive Berhad Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | RM 0.20 |
| 52 Week High | RM 0.24 |
| 52 Week Low | RM 0.17 |
| Beta | 0.14 |
| 1 Month Change | 8.33% |
| 3 Month Change | -4.88% |
| 1 Year Change | 8.33% |
| 3 Year Change | -9.30% |
| 5 Year Change | -26.42% |
| Change since IPO | -28.91% |
Recent News & Updates
Recent updates
Does Solid Automotive Berhad (KLSE:SOLID) Have A Healthy Balance Sheet?
Aug 02
Investors Still Aren't Entirely Convinced By Solid Automotive Berhad's (KLSE:SOLID) Earnings Despite 30% Price Jump
Jul 05Returns On Capital Are Showing Encouraging Signs At Solid Automotive Berhad (KLSE:SOLID)
Jun 10Solid Automotive Berhad's (KLSE:SOLID) Conservative Accounting Might Explain Soft Earnings
Apr 05Here's Why Solid Automotive Berhad (KLSE:SOLID) Can Manage Its Debt Responsibly
Dec 13Solid Automotive Berhad (KLSE:SOLID) Has A Rock Solid Balance Sheet
Jun 28Solid Automotive Berhad (KLSE:SOLID) Could Easily Take On More Debt
Dec 14Solid Automotive Berhad's (KLSE:SOLID) Solid Profits Have Weak Fundamentals
Aug 05These 4 Measures Indicate That Solid Automotive Berhad (KLSE:SOLID) Is Using Debt Reasonably Well
Jun 24Be Wary Of Solid Automotive Berhad (KLSE:SOLID) And Its Returns On Capital
May 12Here's Why Solid Automotive Berhad (KLSE:SOLID) Has A Meaningful Debt Burden
Mar 23We're Watching These Trends At Solid Automotive Berhad (KLSE:SOLID)
Jan 28Here's What We Think About Solid Automotive Berhad's (KLSE:SOLID) CEO Pay
Dec 23
Here's Why Solid Automotive Berhad (KLSE:SOLID) Has A Meaningful Debt Burden
Nov 19Shareholder Returns
| SOLID | MY Retail Distributors | MY Market | |
|---|---|---|---|
| 7D | 2.6% | -3.5% | -0.7% |
| 1Y | 8.3% | 29.1% | 10.2% |
Return vs Industry: SOLID underperformed the MY Retail Distributors industry which returned 29.1% over the past year.
Return vs Market: SOLID underperformed the MY Market which returned 10.2% over the past year.
Price Volatility
| SOLID volatility | |
|---|---|
| SOLID Average Weekly Movement | 5.5% |
| Retail Distributors Industry Average Movement | 5.2% |
| Market Average Movement | 4.8% |
| 10% most volatile stocks in MY Market | 10.5% |
| 10% least volatile stocks in MY Market | 2.5% |
Stable Share Price: SOLID has not had significant price volatility in the past 3 months compared to the MY market.
Volatility Over Time: SOLID's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1982 | 508 | Min Ker | www.solidautomotive.com |
Solid Automotive Berhad, an investment holding company, engages in the trading and distribution of automotive spare parts and components in Malaysia, the Middle East, Africa, and internationally. The company operates in three segments: Automotive Electrical Parts, Automotive Engine and Mechanical Parts, and Others. It also trades in and distributes automotive engines, mechanical parts and components, car accessories, automotive batteries, lubricants, and industrial supplies, as well as electrical parts, spare parts, and components for passenger and commercial vehicles.
Solid Automotive Berhad Fundamentals Summary
| SOLID fundamental statistics | |
|---|---|
| Market cap | RM 101.28m |
| Earnings (TTM) | RM 38.48m |
| Revenue (TTM) | RM 381.14m |
2.6x
P/E Ratio0.3x
P/S RatioIs SOLID overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SOLID income statement (TTM) | |
|---|---|
| Revenue | RM 381.14m |
| Cost of Revenue | RM 268.26m |
| Gross Profit | RM 112.88m |
| Other Expenses | RM 74.40m |
| Earnings | RM 38.48m |
Last Reported Earnings
Oct 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.074 |
| Gross Margin | 29.62% |
| Net Profit Margin | 10.10% |
| Debt/Equity Ratio | 18.8% |
How did SOLID perform over the long term?
See historical performance and comparisonDividends
3.1%
Current Dividend Yield8%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 03:01 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/10/31 |
| Annual Earnings | 2024/04/30 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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 Automotive Berhad is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Yoon Lai | Inter-Pacific Research Sdn Bhd |
| James Ratnam | TA Securities Holdings Berhad |