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Solid State plc (SOLI) Fair Value & Analysis

Technology · GB · Market cap 111M GBX

SS Solid State plc SOLI · LSE
Price£1.95
Fair Value£1.44
Upside-26.2%
Quality65/100
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Evidence: High Range £1.08 – £1.80

Fair value as of: Jul 19, 2026

From 24 valuation models · updated today

Fair value updated Jul 19, 2026, revised from £0.2100 to £1.44 (+585.7%) since Jul 18, 2026. Share price +5.4% over the past month.

Price vs Fair Value (12 months)

£2.05 £1.37 Fair Value £1.44 Jul 2025 Jul 2026

12‑month range £1.37 – £2.05 · fair‑value band £1.08 – £1.80 · the £1.95 price screens above the £1.44 fair value. As of Jul 19, 2026.

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Analysis

Solid State plc (SOLI) currently trades at £1.95, while our model-based Fair Value estimate is £1.44, implying the stock looks roughly 26.2% overvalued today. We read business quality at 65/100 (solid quality), in the Technology sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Solid State plc generated revenue of £149M at a net margin of 1.6%. Revenue grew 38.7% year over year. It earns a return on equity of 3.9%. Net debt stands at £9.5M. Fundamentals as of Jul 19, 2026

Our scenario range runs from £1.08 (bear case) to £1.80 (bull case); at £1.95, the current price sits above that range. For context, the median of 10 Technology peers we cover trades at -74% fair-value upside, at -26%, SOLI screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 154M GBX
Revenue growth (YoY) +8.2%
Net margin 2.7%
Return on equity 6.6%
Free cash flow 7.8M GBX FY2026
P/E ratio 27.9
More key figures
Operating margin 4.4%
EPS (TTM) £0.0700
Dividend yield 1.4%
EPS growth (YoY) +194%
Net debt 9.5M GBX FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 19, 2026. TTM = trailing twelve months.

About the company

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. 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, …

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

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.

Revenue +16.0%/yr
FY22 £85.0M
FY23 £127M
FY24 £163M
FY25 £125M
FY26 £154M
Net income +12.8%/yr
FY22 £2.5M
FY23 £6.7M
FY24 £8.9M
FY25 £512K
FY26 £4.1M

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Cite: Fair Value Calculator (2026). "Solid State plc Fair Value". https://www.fairvalue-calculator.com/stock/SOLI

Similar stocks

10 more Electronic Components stocks, each showing price versus our Fair Value estimate (as of Jul 19, 2026).

Stock Price Fair Value vs Fair Value
Hon Hai Precision Industry Co HHPD $19.66 $19.47 -1%
Amphenol Corporation A1PH34 R$393.00 R$313.81 -20%
Delta Electronics, Inc 2308 2,080 TWD 420.52 TWD -80%
Luxshare Precision Industry Co 002475 ¥68.77 ¥52.40 -24%
Samsung Electro-Mechanics Co 009150 1,000,000 KRW 143,055 KRW -86%
Elite Material Co 2383 5,095 TWD 760.06 TWD -85%
Yageo Corporation 2327 1,020 TWD 222.67 TWD -78%
Shengyi Technology Co 600183 ¥146.90 ¥38.75 -74%
Shennan Circuits Co 002916 ¥457.34 ¥93.50 -80%
Victory Giant Technology (HuiZhou) Co 2476 HK$297.00 HK$103.98 -65%

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Frequently asked questions

Is Solid State plc (SOLI) undervalued?
As of Jul 19, 2026, our model estimates a fair value of £1.44 versus a price of £1.95, about −26% (overvalued). Model-based estimate, not financial advice.
What is the fair value of SOLI?
Our model-based fair value for Solid State plc is £1.44 (as of Jul 19, 2026), built from audited fundamentals. The current price is £1.95.
What is the quality score of SOLI?
Solid State plc has a Quality Score of 65/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Solid State plc (SOLI)?
Solid State plc reported trailing-twelve-month revenue of about £149M (latest available figure, as of Jul 19, 2026).
What is the net profit margin of SOLI?
The net profit margin of Solid State plc is about 1.6%, meaning it keeps roughly 1.6% of revenue as net income. Based on the latest reported figures.
Does Solid State plc pay a dividend?
Solid State plc currently shows a dividend yield of about 1.37% relative to its recent price (as of Jul 19, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.