Financials Solid State plc

Equities

SOLI

GB0008237132

Electrical Components & Equipment

Market Closed - London S.E. 11:35:26 2024-04-26 am EDT 5-day change 1st Jan Change
1,370 GBX -0.36% Intraday chart for Solid State plc +0.37% -1.08%

Valuation

Fiscal Period: März 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 32.4 32.8 70.9 100.4 122.3 155.6 -
Enterprise Value (EV) 1 34.37 29.6 75.26 105.6 130.4 161 154.9
P/E ratio 12.4 x 9.58 x 17.9 x 39.8 x 16.7 x 16.8 x 29.8 x
Yield 3.28% 3.26% 1.93% 1.66% 1.85% 1.53% 1.61%
Capitalization / Revenue 0.58 x 0.49 x 1.07 x 1.18 x 0.97 x 0.95 x 1.09 x
EV / Revenue 0.61 x 0.44 x 1.14 x 1.24 x 1.03 x 0.98 x 1.09 x
EV / EBITDA 6.76 x 4.61 x 10.9 x 11.5 x 9.19 x 7.49 x 9.44 x
EV / FCF 9.11 x 4.43 x 12.9 x 32.3 x - 15.2 x 21.8 x
FCF Yield 11% 22.6% 7.76% 3.09% - 6.58% 4.58%
Price to Book 1.62 x 1.45 x 2.77 x 3.71 x - 2.39 x 2.3 x
Nbr of stocks (in thousands) 8,504 8,542 8,543 8,547 11,324 11,357 -
Reference price 2 3.810 3.840 8.300 11.75 10.80 13.70 13.70
Announcement Date 7/2/19 6/30/20 7/13/21 7/27/22 7/4/23 - -
1GBP in Million2GBP
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025
Net sales 1 56.3 67.42 66.28 85 126.5 164.3 142.6
EBITDA 1 5.083 6.417 6.881 9.191 14.18 21.5 16.4
EBIT 1 3.653 4.848 5.472 7.4 11.63 16.5 11.6
Operating Margin 6.49% 7.19% 8.26% 8.71% 9.19% 10.04% 8.14%
Earnings before Tax (EBT) 1 2.811 4.002 4.2 3.5 8.436 12.2 7.1
Net income 1 2.658 3.414 3.953 2.523 6.69 8.7 4.7
Net margin 4.72% 5.06% 5.96% 2.97% 5.29% 5.3% 3.3%
EPS 2 0.3070 0.4010 0.4640 0.2950 0.6450 0.8170 0.4600
Free Cash Flow 1 3.774 6.677 5.84 3.266 - 10.6 7.1
FCF margin 6.7% 9.9% 8.81% 3.84% - 6.45% 4.98%
FCF Conversion (EBITDA) 74.25% 104.05% 84.87% 35.53% - 49.3% 43.29%
FCF Conversion (Net income) 141.99% 195.58% 147.74% 129.45% - 121.84% 151.06%
Dividend per Share 2 0.1250 0.1250 0.1600 0.1950 0.2000 0.2100 0.2200
Announcement Date 7/2/19 6/30/20 7/13/21 7/27/22 7/4/23 - -
1GBP in Million2GBP
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025
Net Debt 1 1.98 - 4.36 5.2 8.1 5.4 -
Net Cash position 1 - 3.2 - - - - 0.7
Leverage (Debt/EBITDA) 0.3886 x - 0.6333 x 0.5658 x 0.5711 x 0.2512 x -
Free Cash Flow 1 3.77 6.68 5.84 3.27 - 10.6 7.1
ROE (net income / shareholders' equity) 16.4% 17.8% 19.7% 23.4% - 17.9% 11.2%
ROA (Net income/ Total Assets) - - - - - - -
Assets 1 - - - - - - -
Book Value Per Share 2 2.340 2.650 2.990 3.170 - 5.730 5.950
Cash Flow per Share - - - - - - -
Capex 1 0.9 0.86 0.66 1.78 1.15 2.9 4.25
Capex / Sales 1.6% 1.28% 0.99% 2.09% 0.91% 1.77% 2.98%
Announcement Date 7/2/19 6/30/20 7/13/21 7/27/22 7/4/23 - -
1GBP in Million2GBP
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
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Annual profits - Rate of surprise

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