Added to YB: 2024-06-10
Pitch date: 2024-06-08
SOLI.L [bullish]
Solid State plc
-46.74%
current return
Author Info
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Company Info
Solid State plc, together with its subsidiaries, designs, manufactures, and supplies electronic equipment in the United Kingdom, rest of Europe, Asia, North America, and internationally.
Market Cap
GBP 82.2M
Pitch Price
GBP 2.91
Price Target
N/A
Dividend
2.97%
EV/EBITDA
5.49
P/E
15.89
EV/Sales
0.64
Sector
Electronic Equipment, Instruments and Components
Category
growth
Solid State plc: Compounding shareholder capital in industries with high regulatory barriers to entry
SOLI.L: UK electronics maker for regulated industries. 18% annual sales/EPS growth since 2010. 7.3% owner earnings yield, 11.1x EV/EBIT. Strong client relationships, design-in approach. Secular growth in medical, IoT, aerospace/defense. M&A strategy, high ROIC. Risks: talent access, OEM insourcing. 15%+ IRR potential.
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