Solid State plc (AIM:SOLI)

Solid State Statistics

Total Valuation

Solid State has a market cap or net worth of GBP 102.15 million. The enterprise value is 115.21 million.

Market Cap	102.15M
Enterprise Value	115.21M

Important Dates

The last earnings date was Tuesday, July 8, 2025.

Earnings Date	Jul 8, 2025
Ex-Dividend Date	Sep 11, 2025

Share Statistics

Solid State has 56.75 million shares outstanding. The number of shares has decreased by -0.80% in one year.

Current Share Class	56.75M
Shares Outstanding	56.75M
Shares Change (YoY)	-0.80%
Shares Change (QoQ)	-1.15%
Owned by Insiders (%)	15.61%
Owned by Institutions (%)	59.30%
Float	38.45M

Valuation Ratios

The trailing PE ratio is 200.02 and the forward PE ratio is 18.85.

PE Ratio	200.02
Forward PE	18.85
PS Ratio	0.82
PB Ratio	1.66
P/TBV Ratio	3.91
P/FCF Ratio	18.40
P/OCF Ratio	13.02
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 13.43, with an EV/FCF ratio of 20.75.

EV / Earnings	225.03
EV / Sales	0.92
EV / EBITDA	13.43
EV / EBIT	27.77
EV / FCF	20.75

Financial Position

The company has a current ratio of 1.62, with a Debt / Equity ratio of 0.27.

Current Ratio	1.62
Quick Ratio	0.69
Debt / Equity	0.27
Debt / EBITDA	1.93
Debt / FCF	2.98
Interest Coverage	3.58

Financial Efficiency

Return on equity (ROE) is 0.81% and return on invested capital (ROIC) is 3.25%.

Return on Equity (ROE)	0.81%
Return on Assets (ROA)	2.38%
Return on Invested Capital (ROIC)	3.25%
Return on Capital Employed (ROCE)	5.86%
Revenue Per Employee	312,660
Profits Per Employee	1,280
Employee Count	400
Asset Turnover	1.15
Inventory Turnover	3.22

Taxes

Income Tax	-192,000
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -34.31% in the last 52 weeks. The beta is 0.74, so Solid State's price volatility has been lower than the market average.

Beta (5Y)	0.74
52-Week Price Change	-34.31%
50-Day Moving Average	186.49
200-Day Moving Average	172.23
Relative Strength Index (RSI)	40.79
Average Volume (20 Days)	88,763

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, Solid State had revenue of GBP 125.06 million and earned 512,000 in profits. Earnings per share was 0.01.

Revenue	125.06M
Gross Profit	39.33M
Operating Income	4.15M
Pretax Income	320,000
Net Income	512,000
EBITDA	7.47M
EBIT	4.15M
Earnings Per Share (EPS)	0.01

Balance Sheet

The company has 3.51 million in cash and 16.57 million in debt, giving a net cash position of -13.06 million or -0.23 per share.

Cash & Cash Equivalents	3.51M
Total Debt	16.57M
Net Cash	-13.06M
Net Cash Per Share	-0.23
Equity (Book Value)	61.50M
Book Value Per Share	1.09
Working Capital	20.85M

Cash Flow

In the last 12 months, operating cash flow was 7.84 million and capital expenditures -2.29 million, giving a free cash flow of 5.55 million.

Operating Cash Flow	7.84M
Capital Expenditures	-2.29M
Free Cash Flow	5.55M
FCF Per Share	0.10

Margins

Gross margin is 31.45%, with operating and profit margins of 3.32% and 0.41%.

Gross Margin	31.45%
Operating Margin	3.32%
Pretax Margin	0.26%
Profit Margin	0.41%
EBITDA Margin	5.97%
EBIT Margin	3.32%
FCF Margin	4.44%

Dividends & Yields

This stock pays an annual dividend of 0.03, which amounts to a dividend yield of 1.39%.

Dividend Per Share	0.03
Dividend Yield	1.39%
Dividend Growth (YoY)	-41.86%
Years of Dividend Growth	4
Payout Ratio	413.87%
Buyback Yield	0.80%
Shareholder Yield	2.19%
Earnings Yield	0.50%
FCF Yield	5.43%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on October 2, 2024. It was a forward split with a ratio of 5.

Last Split Date	Oct 2, 2024
Split Type	Forward
Split Ratio	5

Scores

Solid State has an Altman Z-Score of 3.81 and a Piotroski F-Score of 5.

Altman Z-Score	3.81
Piotroski F-Score	5