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Solid Automotive Berhad KLSE:SOLID Stock Report

Last Price

RM 0.18

Market Cap

RM 93.5m

7D

-2.7%

1Y

-5.3%

Updated

23 Nov, 2024

Data

Company Financials

Solid Automotive Berhad

KLSE:SOLID Stock Report

Market Cap: RM 93.5m

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

SOLID fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends4/6

Solid Automotive Berhad Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Solid Automotive Berhad
Historical stock prices
Current Share PriceRM 0.18
52 Week HighRM 0.24
52 Week LowRM 0.17
Beta0.13
11 Month Change-2.70%
3 Month Change-7.69%
1 Year Change-5.26%
33 Year Change-12.20%
5 Year Change-32.08%
Change since IPO-34.37%

Recent News & Updates

Does Solid Automotive Berhad (KLSE:SOLID) Have A Healthy Balance Sheet?

Aug 02
Does Solid Automotive Berhad (KLSE:SOLID) Have A Healthy Balance Sheet?

Investors Still Aren't Entirely Convinced By Solid Automotive Berhad's (KLSE:SOLID) Earnings Despite 30% Price Jump

Jul 05
Investors Still Aren't Entirely Convinced By Solid Automotive Berhad's (KLSE:SOLID) Earnings Despite 30% Price Jump

Recent updates

Does Solid Automotive Berhad (KLSE:SOLID) Have A Healthy Balance Sheet?

Aug 02
Does Solid Automotive Berhad (KLSE:SOLID) Have A Healthy Balance Sheet?

Investors Still Aren't Entirely Convinced By Solid Automotive Berhad's (KLSE:SOLID) Earnings Despite 30% Price Jump

Jul 05
Investors Still Aren't Entirely Convinced By Solid Automotive Berhad's (KLSE:SOLID) Earnings Despite 30% Price Jump

Returns On Capital Are Showing Encouraging Signs At Solid Automotive Berhad (KLSE:SOLID)

Jun 10
Returns On Capital Are Showing Encouraging Signs At Solid Automotive Berhad (KLSE:SOLID)

Solid Automotive Berhad's (KLSE:SOLID) Conservative Accounting Might Explain Soft Earnings

Apr 05
Solid Automotive Berhad's (KLSE:SOLID) Conservative Accounting Might Explain Soft Earnings

Here's Why Solid Automotive Berhad (KLSE:SOLID) Can Manage Its Debt Responsibly

Dec 13
Here's Why Solid Automotive Berhad (KLSE:SOLID) Can Manage Its Debt Responsibly

Solid Automotive Berhad (KLSE:SOLID) Has A Rock Solid Balance Sheet

Jun 28
Solid Automotive Berhad (KLSE:SOLID) Has A Rock Solid Balance Sheet

Solid Automotive Berhad (KLSE:SOLID) Could Easily Take On More Debt

Dec 14
Solid Automotive Berhad (KLSE:SOLID) Could Easily Take On More Debt

Solid Automotive Berhad's (KLSE:SOLID) Solid Profits Have Weak Fundamentals

Aug 05
Solid Automotive Berhad's (KLSE:SOLID) Solid Profits Have Weak Fundamentals

These 4 Measures Indicate That Solid Automotive Berhad (KLSE:SOLID) Is Using Debt Reasonably Well

Jun 24
These 4 Measures Indicate That Solid Automotive Berhad (KLSE:SOLID) Is Using Debt Reasonably Well

Be Wary Of Solid Automotive Berhad (KLSE:SOLID) And Its Returns On Capital

May 12
Be Wary Of Solid Automotive Berhad (KLSE:SOLID) And Its Returns On Capital

Here's Why Solid Automotive Berhad (KLSE:SOLID) Has A Meaningful Debt Burden

Mar 23
Here's Why Solid Automotive Berhad (KLSE:SOLID) Has A Meaningful Debt Burden

We're Watching These Trends At Solid Automotive Berhad (KLSE:SOLID)

Jan 28
We're Watching These Trends At Solid Automotive Berhad (KLSE:SOLID)

Here's What We Think About Solid Automotive Berhad's (KLSE:SOLID) CEO Pay

Dec 23
Here's What We Think About Solid Automotive Berhad's (KLSE:SOLID) CEO Pay

Here's Why Solid Automotive Berhad (KLSE:SOLID) Has A Meaningful Debt Burden

Nov 19
Here's Why Solid Automotive Berhad (KLSE:SOLID) Has A Meaningful Debt Burden

Shareholder Returns

SOLIDMY Retail DistributorsMY Market
7D-2.7%0.9%0.09%
1Y-5.3%28.1%9.5%

Return vs Industry: SOLID underperformed the MY Retail Distributors industry which returned 28.1% over the past year.

Return vs Market: SOLID underperformed the MY Market which returned 9.5% over the past year.

Price Volatility

Is SOLID's price volatile compared to industry and market?
SOLID volatility
SOLID Average Weekly Movement5.6%
Retail Distributors Industry Average Movement5.5%
Market Average Movement5.1%
10% most volatile stocks in MY Market10.4%
10% least volatile stocks in MY Market2.5%

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

FoundedEmployeesCEOWebsite
1982508Min Kerwww.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

How do Solid Automotive Berhad's earnings and revenue compare to its market cap?
SOLID fundamental statistics
Market capRM 93.49m
Earnings (TTM)RM 37.52m
Revenue (TTM)RM 377.52m

2.5x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SOLID income statement (TTM)
RevenueRM 377.52m
Cost of RevenueRM 267.66m
Gross ProfitRM 109.86m
Other ExpensesRM 72.34m
EarningsRM 37.52m

Last Reported Earnings

Jul 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.072
Gross Margin29.10%
Net Profit Margin9.94%
Debt/Equity Ratio15.3%

How did SOLID perform over the long term?

See historical performance and comparison

Dividends

3.3%

Current Dividend Yield

8%

Payout Ratio