5242 SOLID | Malaysia

SOLID AUTOMOTIVE BHD

RM 0.255 on: 2021-07-27

+6.25% Past 1-day return
+6.25% Past 5-day return

Strong Revenue Growth Wholesale Distributors


Price/Valuation Analysis
Current Price Status
  • Stock is in Momentum

    Stock is currently overvalued by the market with the expectation of annual earning growth at 49.52% 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 in Positive Earning
Fair Value
  • SOLID current price is 15.91% 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
  • Outperformed
    SOLID past 5-day return perform better than Wholesale Distributors industry average return by 5.82%
  • Above 30-Day Average
    Current price RM0.255 is above than 30-day average RM0.25 by 2%

Return (%) SOLID Wholesale Distributors
1-Day+6.25% -1.22%
5-Day+6.25% +0.43%
30-Day-1.92% -4.77%
Bank Analyst Price Targets
No recent bank analyst price target available yet
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) (%)
2021-01-31 78,899k +3% 0.0147 +177%
2020-10-31 76,281k +4% 0.0053 -18%
2020-07-31 73,622k +67% 0.0065 0%
2020-04-30 44,103k -31% -0.0221 0%
2020-01-31 63,493k -12% 0.0013 +63%
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 -49.09% lower than past month average.

Past 30-Day Past 5-Day
55k daily28k daily
Financials
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.

Stock Thematic Baskets

Usually the more the stock is included in popular themes, the more opportunity for price-driven momentum and better liquidity.

Market News & Investor Opinions
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.