Solid State Plc Stock Fundamentals

SOLI Stock   130.00  10.00  8.33%   
Solid State Plc fundamentals help investors to digest information that contributes to Solid State's financial success or failures. It also enables traders to predict the movement of Solid Stock. The fundamental analysis module provides a way to measure Solid State's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Solid State stock.
At this time, Solid State's Total Operating Expenses is comparatively stable compared to the past year. Income Before Tax is likely to gain to about 12.8 M in 2024, despite the fact that Net Interest Income is likely to grow to (1.4 M).
  
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Solid State Plc Company Return On Equity Analysis

Solid State's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Solid State Return On Equity

    
  0.15  
Most of Solid State's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Solid State Plc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Competition

Solid Total Stockholder Equity

Total Stockholder Equity

67.85 Million

At this time, Solid State's Total Stockholder Equity is comparatively stable compared to the past year.
Based on the latest financial disclosure, Solid State Plc has a Return On Equity of 0.1453. This is much higher than that of the Electronic Equipment, Instruments & Components sector and significantly higher than that of the Information Technology industry. The return on equity for all United Kingdom stocks is notably lower than that of the firm.

Solid State Plc Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Solid State's current stock value. Our valuation model uses many indicators to compare Solid State value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Solid State competition to find correlations between indicators driving Solid State's intrinsic value. More Info.
Solid State Plc is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about  0.62  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Solid State Plc is roughly  1.60 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Solid State's earnings, one of the primary drivers of an investment's value.

Solid Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Solid State's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Solid State could also be used in its relative valuation, which is a method of valuing Solid State by comparing valuation metrics of similar companies.
Solid State is currently under evaluation in return on equity category among its peers.

Solid Fundamentals

About Solid State Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Solid State Plc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Solid State using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Solid State Plc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue6.5 M6.8 M
Total Revenue163.3 M171.5 M
Cost Of Revenue116.9 M122.7 M

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Additional Tools for Solid Stock Analysis

When running Solid State's price analysis, check to measure Solid State's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Solid State is operating at the current time. Most of Solid State's value examination focuses on studying past and present price action to predict the probability of Solid State's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Solid State's price. Additionally, you may evaluate how the addition of Solid State to your portfolios can decrease your overall portfolio volatility.