Current Price Status
Stock is in Momentum
Stock is currently overvalued by the market with the expectation of annual earning growth at 263.67% to match current price.
Overvalued stock can be traded very volatile. If the earning growth momentum continue, overvalued stock can match into fair value, on the flip side, the downside risk can be huge if the stock is not meeting the market expectation.
Company is not in Profit
- SOLID current price is 150% above 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
UnderperformedSOLID past 5-day return lagged behind the Wholesale Distributors industry average return by 1.06%
Below 30-Day AverageCurrent price RM0.2 is below 30-day average RM0.22 by 10%
|Return (%)||SOLID||Wholesale Distributors|
Bank Analyst Price Targets
Revenue & Earning Growth Analysis
Recent Positive Revenue Growth
SOLID managed to achieve better revenue growth for past 2 quarters by average +35%.
Unstable Profit Growth
SOLID has been experiencing substantial ups and downs on profit growth.
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.
SOLID recent daily traded volume is -83.33% lower than past month average.
|Past 30-Day||Past 5-Day|
|174k daily||29k daily|
Price History Chart
Past 30-day Average Price: RM0.22
Stock Fundamental Factors
Fundamental factor characteristics help us understand and expect how the stock price will behave in short and long term.
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.