Current Price Status
Stock is Under Pressure
Market is pricing a weaker earning growth potential than the industry average.
Undervalued stock can be true bargain buy if the stock is believed to be only under pressured for a short-term weak earning growth.
Company is in Positive Earning
- SOLID current price is 46.94% below OneDelta estimated fair value.
The fair value is estimated via OneDelta proprietary model that updated daily basis based on stock fundamental and specific industry relative marco outlook. It can be assessed as stock potential upside range or the stock true value price in case of downside.
Relative Price Performance
OutperformedSOLID past 5-day return perform better than Wholesale Distributors industry average return by 2.2%
Below 30-Day AverageCurrent price RM0.245 is below 30-day average RM0.25 by 2%
|Return (%)||SOLID||Wholesale Distributors|
Bank Analyst Price Targets
Revenue & Earning Growth Analysis
Strong Positive Revenue Growth
SOLID has been achieving revenue growth for past 3 quarters by average +25%.
Potential Better Profit Growth
SOLID posted a better profit growth than average in the recent quarter.
Past Quarter Reports
|Quarter Date||Revenue (RM)||(%)||EPS (RM)||(%)|
Volume Trend Analysis
Recent Volume is Decreasing
Decreasing trading volume tends to keep stock price range bound in near term.
Low Volume/Liquidity Stock
Only RM106k worth of stock was traded for this stock past month. Low liquidity stock is danger for price manipulation and more difficult to sell at market price.
SOLID recent daily traded volume is -57.14% lower than past month average.
|Past 30-Day||Past 5-Day|
|14k daily||6k daily|
Price History Chart
Past 30-day Average Price: RM0.25
Stock Fundamental Factors
Fundamental factor characteristics help us understand and expect how the stock price will behave in short and long term.
Stocks that achieved more than two quarters of consecutive revenue growth
Stock Thematic Baskets
Usually the more the stock is included in popular themes, the more opportunity for price-driven momentum and better liquidity.
Stock Company Profile
SOLID AUTOMOTIVE BHD
Solid Automotive Bhd. is an investment holding company, which engages in marketing of automotive electrical parts and components. It operates through the following segments: Automotive Electrical Parts, Automotive Engine and Mechanical Parts, and Others. The Automotive Electrical Parts segment trades and distributes automotive batteries, lubricants, industrial supplies, electrical parts, and components. The Automotive Engine and Mechanical Parts segment retails automotive engine and mechanical parts and components. The Other segment involves in the property and investment holding and offers management services. The company was founded on September 12, 2012 and is headquartered in Pasir Gudang, Malaysia.