Financials Solid State plc

Equities

SOLI

GB0008237132

Electrical Components & Equipment

Market Closed - London S.E. 11:35:03 2024-07-12 am EDT 5-day change 1st Jan Change
1,465 GBX -0.34% Intraday chart for Solid State plc -4.25% +5.78%

Valuation

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 32.8 70.9 100.4 122.3 152.6 166.6 -
Enterprise Value (EV) 1 29.6 75.26 105.6 130.4 157.3 168.7 165.7
P/E ratio 9.58 x 17.9 x 39.8 x 16.7 x 17.2 x 32 x 26.8 x
Yield 3.26% 1.93% 1.66% 1.85% 1.6% 1.54% 1.57%
Capitalization / Revenue 0.49 x 1.07 x 1.18 x 0.97 x 0.93 x 1.17 x 1.11 x
EV / Revenue 0.44 x 1.14 x 1.24 x 1.03 x 0.96 x 1.18 x 1.11 x
EV / EBITDA 4.61 x 10.9 x 11.5 x 9.19 x 7.63 x 10.6 x 9.52 x
EV / FCF 4.43 x 12.9 x 32.3 x - 16.7 x 21.4 x 29.1 x
FCF Yield 22.6% 7.76% 3.09% - 5.99% 4.68% 3.44%
Price to Book 1.45 x 2.77 x 3.71 x - 2.36 x 2.48 x 2.35 x
Nbr of stocks (in thousands) 8,542 8,543 8,547 11,324 11,343 11,369 -
Reference price 2 3.840 8.300 11.75 10.80 13.45 14.65 14.65
Announcement Date 6/30/20 7/13/21 7/27/22 7/4/23 7/8/24 - -
1GBP in Million2GBP
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026
Net sales 1 67.42 66.28 85 126.5 163.3 142.6 149.7
EBITDA 1 6.417 6.881 9.191 14.18 20.61 15.85 17.4
EBIT 1 4.848 5.472 7.4 11.63 17.04 11.6 12.6
Operating Margin 7.19% 8.26% 8.71% 9.19% 10.43% 8.14% 8.42%
Earnings before Tax (EBT) 1 4.002 4.2 3.5 8.436 12.19 7.1 8.6
Net income 1 3.414 3.953 2.523 6.69 8.872 4.7 5.7
Net margin 5.06% 5.96% 2.97% 5.29% 5.43% 3.3% 3.81%
EPS 2 0.4010 0.4640 0.2950 0.6450 0.7800 0.4580 0.5460
Free Cash Flow 1 6.677 5.84 3.266 - 9.427 7.9 5.7
FCF margin 9.9% 8.81% 3.84% - 5.77% 5.54% 3.81%
FCF Conversion (EBITDA) 104.05% 84.87% 35.53% - 45.75% 49.84% 32.76%
FCF Conversion (Net income) 195.58% 147.74% 129.45% - 106.26% 168.09% 100%
Dividend per Share 2 0.1250 0.1600 0.1950 0.2000 0.2150 0.2250 0.2300
Announcement Date 6/30/20 7/13/21 7/27/22 7/4/23 7/8/24 - -
1GBP in Million2GBP
Estimates

Balance Sheet Analysis

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - 4.36 5.2 8.1 4.7 2.15 -
Net Cash position 1 3.2 - - - - - 0.9
Leverage (Debt/EBITDA) - 0.6333 x 0.5658 x 0.5711 x 0.2281 x 0.1356 x -
Free Cash Flow 1 6.68 5.84 3.27 - 9.43 7.9 5.7
ROE (net income / shareholders' equity) 17.8% 19.7% 23.4% - 13.6% 11.2% 11.8%
ROA (Net income/ Total Assets) - - - - - - -
Assets 1 - - - - - - -
Book Value Per Share 2 2.650 2.990 3.170 - 5.690 5.910 6.230
Cash Flow per Share - - - - - - -
Capex 1 0.86 0.66 1.78 1.15 1.52 5.6 5.6
Capex / Sales 1.28% 0.99% 2.09% 0.91% 0.93% 3.93% 3.74%
Announcement Date 6/30/20 7/13/21 7/27/22 7/4/23 7/8/24 - -
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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