OTCPK:SODI

Stock Analysis Report

Executive Summary

Solitron Devices, Inc. designs, develops, manufactures, and markets solid-state semiconductor components and related devices primarily for the military and aerospace markets.

Snowflake

Fundamentals

Flawless balance sheet and overvalued.

Risks

  • Solitron Devices has significant price volatility in the past 3 months.
  • Solitron Devices is not covered by any analysts.

Share Price & News

How has Solitron Devices's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

OTCPK:SODI

-0.8%

US Semiconductor

-0.02%

US Market


1 Year Return

-39.7%

OTCPK:SODI

10.2%

US Semiconductor

1.6%

US Market

SODI underperformed the Semiconductor industry which returned 10.7% over the past year.

SODI underperformed the Market in United States of America which returned 1.9% over the past year.


Share holder returns

SODIIndustryMarket
7 Day0%-0.8%-0.02%
30 Day-18.0%5.8%2.7%
90 Day14.5%12.0%1.4%
1 Year-39.7%-39.7%12.3%10.2%3.8%1.6%
3 Year-51.1%-51.1%82.2%71.6%45.2%35.8%
5 Year-46.8%-49.8%122.9%100.2%61.8%44.1%

Price Volatility Vs. Market

How volatile is Solitron Devices's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Solitron Devices undervalued based on future cash flows and its price relative to the stock market?

0.72x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Solitron Devices to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Solitron Devices to establish if it is available at substantial discount.


Price Based on Earnings

Solitron Devices is loss making, we can't compare its value to the US Semiconductor industry average.

Solitron Devices is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Solitron Devices, we can't assess if its growth is good value.


Price Based on Value of Assets

Solitron Devices is good value based on assets compared to the US Semiconductor industry average.


Next Steps

Future Growth

How is Solitron Devices expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.0%

Forecasted Semiconductors industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Solitron Devices has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Solitron Devices performed over the past 5 years?

-56.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Solitron Devices does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Solitron Devices's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Solitron Devices's 1-year growth to the US Semiconductor industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Solitron Devices has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Solitron Devices has efficiently used its assets last year compared to the US Semiconductor industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Solitron Devices improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Solitron Devices's financial position?


Financial Position Analysis

Solitron Devices is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Solitron Devices's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Solitron Devices has no debt.

Solitron Devices has not taken on any debt in the past 5 years.

Solitron Devices has no debt, it does not need to be covered by operating cash flow.

Solitron Devices has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

High level of physical assets or inventory.

Solitron Devices has no debt, it does not need to be covered by short term assets.


Next Steps

Dividend

What is Solitron Devices's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Solitron Devices's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Solitron Devices's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Solitron Devices has not reported any payouts.

Unable to verify if Solitron Devices's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Solitron Devices has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Solitron Devices's salary, the management and board of directors tenure and is there insider trading?

4.1yrs

Average board tenure


CEO

Tim Eriksen (50yo)

3.2yrs

Tenure

US$7,500

Compensation

Mr. Howard Timothy Eriksen, also known as Tim, has been Chief Executive Officer and Interim Chief Financial Officer of Solitron Devices, Inc. since July 22, 2016. Mr. Eriksen has been a Director of Solitro ...


Board Age and Tenure

4.1yrs

Average Tenure

50yo

Average Age

The tenure for the Solitron Devices board of directors is about average.


Insider Trading

More shares have been bought than sold by Solitron Devices individual insiders in the past 3 months, but not in substantial volumes.


Recent Insider Transactions

BuyUS$5,40114 Aug 19
Howard Eriksen
EntityIndividual
Role
Chief Executive Officer
CEO, Interim CFO & Director
Shares2,572
Max PriceUS$2.10
BuyUS$6,77012 Aug 19
Howard Eriksen
EntityIndividual
Role
Chief Executive Officer
CEO, Interim CFO & Director
Shares3,224
Max PriceUS$2.10
BuyUS$38002 Aug 19
Howard Eriksen
EntityIndividual
Role
Chief Executive Officer
CEO, Interim CFO & Director
Shares200
Max PriceUS$1.90
BuyUS$26,25020 May 19
David Pointer
EntityIndividual
Role
Chairman of the Board
Chairman
Shares15,000
Max PriceUS$1.75
BuyUS$9,25020 May 19
Howard Eriksen
EntityIndividual
Role
Chief Executive Officer
CEO, Interim CFO & Director
Shares5,000
Max PriceUS$1.85
BuyUS$6,82520 May 19
Eriksen Capital Management LLC
EntityCompany
Shares3,900
Max PriceUS$1.75
BuyUS$78,75020 May 19
Cedar Creek Partners, L.L.C.
EntityCompany
Shares45,000
Max PriceUS$1.75
BuyUS$24111 Apr 19
Olesen Capital Management LLC
EntityCompany
Shares120
Max PriceUS$2.01
BuyUS$25,71324 Jan 19
Olesen Capital Management LLC
EntityCompany
Shares13,250
Max PriceUS$2.00
BuyUS$16,50003 Jan 19
Olesen Capital Management LLC
EntityCompany
Shares10,000
Max PriceUS$1.70
BuyUS$17,35026 Dec 18
Olesen Capital Management LLC
EntityCompany
Shares10,000
Max PriceUS$1.76
BuyUS$11,40006 Dec 18
Olesen Capital Management LLC
EntityCompany
Shares5,000
Max PriceUS$2.28
BuyUS$15,07421 Nov 18
Olesen Capital Management LLC
EntityCompany
Shares5,900
Max PriceUS$2.61
BuyUS$4,17608 Nov 18
Olesen Capital Management LLC
EntityCompany
Shares1,600
Max PriceUS$2.61
BuyUS$13,55008 Nov 18
Olesen Capital Management LLC
EntityCompany
Shares5,000
Max PriceUS$2.71
BuyUS$14,55001 Nov 18
Olesen Capital Management LLC
EntityCompany
Shares5,000
Max PriceUS$2.91
BuyUS$133,57912 Oct 18
Olesen Capital Management LLC
EntityCompany
Shares42,871
Max PriceUS$3.20
BuyUS$43,55825 Sep 18
Olesen Capital Management LLC
EntityCompany
Shares13,119
Max PriceUS$3.41

Ownership Breakdown


Management Team

  • Mark Matson (59yo)

    President & COO

    • Tenure: 3.2yrs
  • Jesse Quinn

    Director of Operations

    • Tenure: 0yrs
    • Compensation: US$111.81k
  • Tim Eriksen (50yo)

    CEO, Interim CFO & Director

    • Tenure: 3.2yrs
    • Compensation: US$7.50k

Board Members

  • John Chiste (63yo)

    Independent Director

    • Tenure: 4.7yrs
    • Compensation: US$27.00k
  • Dave Pointer (49yo)

    Chairman

    • Tenure: 3.2yrs
    • Compensation: US$7.50k
  • Chuck Gillman (49yo)

    Director

    • Tenure: 3.2yrs
  • Dwight Aubrey (72yo)

    Independent Director

    • Tenure: 4.7yrs
    • Compensation: US$19.50k
  • Tim Eriksen (50yo)

    CEO, Interim CFO & Director

    • Tenure: 3.2yrs
    • Compensation: US$7.50k

Company Information

Solitron Devices, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Solitron Devices, Inc.
  • Ticker: SODI
  • Exchange: OTCPK
  • Founded: 1959
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Market Cap: US$3.899m
  • Shares outstanding: 1.90m
  • Website: https://www.solitrondevices.com

Number of Employees


Location

  • Solitron Devices, Inc.
  • 3301 Electronics Way
  • West Palm Beach
  • Florida
  • 33407
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SODIOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJan 1968

Biography

Solitron Devices, Inc. designs, develops, manufactures, and markets solid-state semiconductor components and related devices primarily for the military and aerospace markets. The company offers various bip ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/18 23:40
End of Day Share Price2019/09/10 00:00
Earnings2019/05/31
Annual Earnings2019/02/28


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.