Company Valuation: Solid State plc

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 100.4 122.3 152.6 94.91 80.84 94.17 - -
Change - 21.79% 24.74% -37.79% -14.82% 16.49% - -
Enterprise Value (EV) 1 105.6 130.4 157.3 102.3 85.04 102.2 99.87 94.17
Change - 23.46% 20.59% -34.94% -16.88% 20.15% -2.25% -5.71%
P/E 39.8x 16.7x 17.2x 186x 20.1x 17.3x 14.9x 10.4x
PBR 3.71x 2.11x 2.36x 0.3x - 2x 1.93x 3.39x
PEG - 0x 0.8x -2x 0x 0.5x 0.9x 0.2x
Capitalization / Revenue 1.18x 0.97x 0.93x 0.76x 0.52x 0.6x 0.58x 0.55x
EV / Revenue 1.24x 1.03x 0.96x 0.82x 0.55x 0.65x 0.62x 0.55x
EV / EBITDA 11.5x 9.19x 7.63x 10.9x 6.11x 7.16x 6.5x 5.17x
EV / EBIT 14.3x 11.2x 9.23x 17x 8.85x 10.4x 9.33x 7.24x
EV / FCF 32.3x - 16.7x 18.4x 10x 13.7x 13.1x 9.71x
FCF Yield 3.09% - 5.99% 5.43% 9.98% 7.28% 7.64% 10.3%
Dividend per Share 2 0.039 0.04 0.043 0.025 0.0275 0.0295 0.0326 0.0401
Rate of return 1.66% 1.85% 1.6% 1.49% 1.93% 1.78% 1.96% 2.42%
EPS 2 0.059 0.129 0.156 0.009 0.071 0.0958 0.1111 0.1603
Distribution rate 66.1% 31% 27.6% 278% 38.7% 30.8% 29.3% 25%
Net sales 1 85 126.5 163.3 125.1 154.1 156.8 161.5 172.6
EBITDA 1 9.191 14.18 20.61 9.404 13.93 14.27 15.37 18.2
EBIT 1 7.4 11.63 17.04 6.034 9.61 9.8 10.7 13
Net income 1 2.523 6.69 8.872 0.512 4.088 5.45 6.3 9.1
Net Debt 1 5.2 8.1 4.7 7.4 4.2 8 5.7 -
Reference price 2 2.350 2.160 2.690 1.675 1.425 1.660 1.660 1.660
Nbr of stocks (in thousands) 42,733 56,622 56,713 56,663 56,731 56,731 - -
Announcement Date 7/27/22 7/4/23 7/8/24 7/8/25 6/29/26 - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
34.12x6.35x19.36x0.66% 214B
61.15x7.63x26.14x0.71% 141B
34.41x12.23x22.34x0.8% 123B
13.47x0.31x6.78x3.73% 111B
41.96x6.89x22.53x0.83% 97.72B
75.33x8.08x37.26x0.19% 86.45B
25.33x9.09x18.46x0.5% 80.89B
45.53x6.37x24x0.01% 66B
20.27x3.41x13.04x1.32% 63.8B
Average 39.06x 6.70x 21.10x 0.97% 109.41B
Weighted average by Cap. 39.26x 6.83x 21.01x 0.99%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield