Solid State Plc (SOLI) fair value: what the stock is really worth
As of Oct 16, 2026: fair value (intrinsic value) of Solid State Plc stock £2.01, price £1.63, upside +23.7%, quality 69 out of 100. Rating: undervalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 2, 2026.
How to read this chart
60‑month range £1.14 – £2.93 · fair‑value band £1.39 – £2.57 · the £1.63 price screens below the £2.01 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 2, 2026.
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Solid State plc, together with its subsidiaries, designs, manufactures, distributes and supplies electronic equipment in the United Kingdom, rest of Europe, Asia, North America, and Internationally. The company operates through Components and Systems divisions.
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The Components division provides own brand manufactured and franchised components; and value-added services, including sourcing and obsolescence management.
This division also designs-in technical solutions for customers seeking cutting edge, electronic, opto-electronic, electro-mechanical components, and displays.
The Systems division offers systems solutions, which include industrial computing and vision systems; custom battery packs providing portable power; energy storage solutions; and advanced communication systems, encompassing wideband antennas and radio products.
It also supplies electronic components and materials; and designs and manufactures digital images, as well as provides engineering consultation services, and ferrite and magnetic components and solutions.
It serves industrial, defense and security, medical, energy, autonomous systems, and transportation industries. The company was formerly known as Solid State Supplies plc and changed its name to Solid State plc in May 2006.
Solid State plc was incorporated in 1963 and is headquartered in Redditch, the United Kingdom.
Stock analysis
Solid State Plc (SOLI) currently trades at £1.63, while our model-based Fair Value estimate is £2.01, implying the stock looks roughly 19.2% undervalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of £2.41 per share, and 16 of the 24 models we run sit above the £1.63 price.
Bear case: the Asset-Based group reads lowest at £0.2800, and 8 of the 24 models stay below the price. Data coverage for this calculation is high.
Scenario range: £1.39 (bear) to £2.57 (bull), the price of £1.63 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 69/100 (solid quality), in the Technology sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Solid State Plc reported revenue of £154M in FY2026 versus £85.0M in FY2022, a compound +16.0%/yr. Reported net income was £4.1M in FY2026, compounding +12.8%/yr from FY2022.
Key figures
Market cap £93.4M · P/E ratio 23.2 · P/S ratio 0.62 · EPS (TTM) £0.0700 · Dividend yield 1.7% · Net margin 2.7% · Return on equity 6.6% · Return on assets (EBIT) 6.9%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 36 out of 100 (low confidence).
What moves the price
The share trades about 20% below its 52-week high and 20% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at −45% fair-value upside, at 24%, SOLI screens cheaper than that median.
Fair Value models
Bear£1.39Fair Value £2.01Bull£2.57
Price £1.63 · Upside +23.7%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2026 figures (about 7 months old). Earnings retained since then (£0.0230 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.85/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+23.3%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+6.8%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+18.4%
Start year 2021 (pandemic). Over 10 years: +13.3% a year
Revenue growth 32 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+13.4%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Basis: EBIT basis.
+8.1%
Earnings growth per share plus dividend.
Earnings per share, growth per year+6.4%
Dividend (yield on the price)1.7%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−2.0% vs 0.5%, steady
Profit margin 2021 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.7% → 5%
Pace: the 5-year rate starts in 2021 (pandemic)
Growth Forecast
A lot of optimism in the price
The price assumes less growth than the company has delivered so far and more than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+7.3%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+2.6%
Yearly sales growth analysts expect, extended to five years.
After inflation (UK: IMF forecast 2.3% a year to 2030, 3.3% from 2016 to 2025) that is about +4.8% a year for the price and +0.3% for the forecasts.
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Electronic Components · 645 stocks
Beats the industry median on 9/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score69 · Top 25%
Fair Value upside+23.7% · Top 25%
Profitability
Return on equity (12 months)6.6% · Below median
Return on assets3.8% · Above median
Net margin (12 months)2.7% · Below median
Operating margin (12 months)4.4% · Below median
Growth and dividend
Revenue growth8.2% · Below median
Dividend yield (12 months)1.7% · Above median
Balance sheet
Debt / equity0.16× · Above median
Valuation Multiplesvs Electronic Components median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Solid State Plc Fair Value". https://www.fairvalue-calculator.com/stock/SOLI
Frequently asked questions
Is Solid State Plc (SOLI) overvalued or undervalued?
As of Oct 2, 2026, our model estimates a fair value of £2.01 versus a price of £1.63, about +24% upside (undervalued).
What is the fair value of SOLI?
Our model-based fair value for Solid State Plc is £2.01 (as of Oct 2, 2026), built from audited fundamentals. The current price: £1.63.
What is the quality score of SOLI?
Solid State Plc has a Quality Score of 69/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Solid State Plc (SOLI)?
Our model-based price target is the fair value of £2.01 (as of Oct 2, 2026) from 24 valuation models. Cautious scenario £1.39, optimistic scenario £2.57. It is a calculation from audited fundamentals, not an analyst target.
What is the Solid State Plc stock forecast for 2026?
Our models put fair value at £2.01, about +24% upside versus a price of £1.63 (undervalued). Cautious scenario £1.39, optimistic scenario £2.57. The calculation is refreshed regularly with new filings.
What is the revenue of Solid State Plc (SOLI)?
Solid State Plc reported trailing-twelve-month revenue of about £154M (latest available figure, as of Oct 2, 2026).
Does Solid State Plc pay a dividend?
Solid State Plc currently shows a dividend yield of 1.72% relative to its recent price (as of Oct 2, 2026).
What growth is priced into Solid State Plc (SOLI)?
For today's price to be fair in a discounted-cash-flow model, Solid State Plc would have to grow free cash flow by +7.3 % per year for five years (discount rate 12.8 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +18.4 % per year. As of Oct 2, 2026.
What discount rate (WACC) does the fair value of SOLI use?
Our models discount Solid State Plc at 12.8 %: a base by market capitalisation (micro), damped by beta 0.86, country premium for United Kingdom. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Solid State Plc that is +7.3 % per year a year over ten years, using the same discount rate (12.8 %) and the same formula as our fair value.
How much growth has Solid State Plc (SOLI) delivered so far?
Over the past 5 years revenue at Solid State Plc grew +18.4 % a year. The price currently implies +7.3 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Solid State Plc (SOLI) growing?
The median revenue growth in the sector is +10.7 % a year. That is the yardstick for the growth priced into Solid State Plc (+7.3 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Solid State Plc (SOLI)?
The free-cash-flow yield on the price is 8.40 %: that much free cash flow Solid State Plc produces per unit of market value. When it exceeds the discount rate of our models (12.8 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Solid State Plc (SOLI)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Solid State Plc it is £2.01 per share (as of Oct 2, 2026), against a price of £1.63. It is the blended result of 24 valuation models (cash flow, earnings, asset, dividend).
Is Solid State Plc stock overvalued or undervalued in 2026?
As of Oct 2, 2026, SOLI trades below its calculated fair value: price £1.63, fair value £2.01, a gap of about +24% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of SOLI?
No. The price is what the market pays today (£1.63); the fair value is what the company's own numbers justify (£2.01). For Solid State Plc the two are £0.3850 per share apart. That gap is exactly why we show both numbers side by side.
How much is Solid State Plc worth?
The market values Solid State Plc at about £93.4M (market capitalisation, as of Oct 2, 2026). Per share that is £1.63; our models calculate a fair value of £2.01 per share.
What do the bullish and bearish scenarios say about SOLI?
Our models span a range for Solid State Plc: cautious scenario £1.39, base £2.01, optimistic £2.57 per share (as of Oct 2, 2026, price £1.63). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of SOLI?
Solid State Plc trades at a price-to-earnings ratio of 23.2 (as of Oct 2, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of £2.01 is built from several models across several years. Other multiples: P/B 1.5, P/S 0.6, EV/EBITDA 8.8.
How solid is the balance sheet of Solid State Plc (SOLI)?
Balance-sheet figures for Solid State Plc (as of Oct 2, 2026): return on equity 6.6%, debt of 0.16 per unit of equity. They feed the Quality Score of 69/100, which measures business quality independently of the share price.
How far is SOLI from its 52-week high?
Solid State Plc trades at £1.63, about 20% below its 52-week high of £2.03 and 20% above the low of £1.35 (as of Oct 16, 2026). Distance from the high says nothing about value: that is what the fair value of £2.01 is for.
Which stocks are comparable to Solid State Plc?
From the same area (Technology) we also value Amphenol Corporation, Delta Electronics, Inc, Corning Incorporated, Samsung Electro-Mechanics Co, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Solid State Plc stock attractive at the current price?
The data as of Oct 2, 2026: price £1.63, calculated fair value £2.01 (+24%), Quality Score 69/100, from 24 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of SOLI calculated?
We run Solid State Plc through 24 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of £2.01, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.7 % above its aggregate fair value. Solid State Plc currently trades 19 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Solid State Plc (SOLI)?
The closing price on Oct 16, 2026 was £1.63. Our model-based fair value is £2.01, about +24% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Solid State Plc right now?
Solid quality (69/100) at a price below fair value, the discount is the argument here, not the business quality. A fairly wide model range (£1.39 to £2.57) leaves room in how you read the outcome.
Where does the earnings growth of Solid State Plc (SOLI) come from?
Earnings per share at Solid State Plc grew +1.2 % a year from 2015 to 2026. Broken into its drivers: revenue per share +11.6 %, EBIT margin −5.4 %, tax rate −2.7 %, residual (interest, one-offs) −1.5 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Solid State Plc
How large is the market capitalisation of Solid State Plc (SOLI)?
The market capitalisation of Solid State Plc is £93.4M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Solid State Plc (SOLI)?
The price-to-sales ratio of Solid State Plc is 0.62 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Solid State Plc (SOLI)?
Earnings per share at Solid State Plc are £0.0700 (price ÷ EPS = P/E 23.2). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Solid State Plc (SOLI)?
The dividend yield of Solid State Plc is 1.7% (payout 40.0%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Solid State Plc (SOLI)?
The net margin of Solid State Plc is 2.7% (fiscal year 2026). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Solid State Plc (SOLI)?
The return on equity (ROE) of Solid State Plc is 6.6% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Solid State Plc (SOLI)?
On an EBIT basis the return on assets of Solid State Plc is 6.9% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Solid State Plc (SOLI)?
The operating margin of Solid State Plc is 4.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Solid State Plc (SOLI)?
Revenue at Solid State Plc is growing +8.2% versus a year earlier (3y avg +6.8%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Solid State Plc (SOLI)?
Earnings per share at Solid State Plc are growing +194% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Solid State Plc (SOLI) carry?
The net debt of Solid State Plc is £9.5M (fiscal year 2026, ≈ 1.2 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Broad data
Oct 2, 2026