Solid State (FRA:OUY) Debt-to-Equity: 0.25 (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:OUY Solid State PLC FRA:OUY
68 GF Score
Price €2.10
GF Value €2.58
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Solid State Debt-to-Equity?

Solid State FRA:OUY +0.96% 68 Debt-to-Equity is 0.25 as of Mar. 2026, which is at its 10-year median of 0.25. GuruFocus rates FRA:OUY with a GF Score™ of 68/100 and a GF Value™ of €2.58 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,224 Hardware companies, Solid State ranks better than 53.01% on this metric.

Solid State's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €1.4 Mil. Solid State's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €17.1 Mil. Solid State's Total Stockholders Equity for the quarter that ended in Mar. 2026 was €73.0 Mil. Solid State's debt to equity for the quarter that ended in Mar. 2026 was 0.25.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Solid State's Debt-to-Equity or its related term are showing as below:

FRA:OUY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.25   Max: 0.29
Current: 0.25

During the past 13 years, the highest Debt-to-Equity Ratio of Solid State was 0.29. The lowest was 0.00. And the median was 0.25.

FRA:OUY's Debt-to-Equity is ranked better than
53.01% of 2224 companies
in the Hardware industry
Industry Median: 0.275 vs FRA:OUY: 0.25

Solid State  (FRA:OUY) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Solid State Debt-to-Equity Related Terms


Solid State Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Solid State's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Solid State Debt-to-Equity Chart

Solid State Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.29 0.26 0.27 0.25

Solid State Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.26 0.23 0.27 0.29 0.25

FRA:OUY vs APH, GLW, TEL: Debt-to-Equity Comparison

For the Electronic Components subindustry, Solid State's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Solid State Debt-to-Equity vs Hardware Industry

For the Hardware industry and Technology sector, Solid State's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Solid State's Debt-to-Equity falls into.


FRA:OUY
68GF Score
Solid State PLC FRA:OUY
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Solid State Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Solid State's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Solid State's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.25 mean?
Solid State (FRA:OUY) has a Debt-to-Equity of 0.25 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Solid State and its competitors. This is near median its historical median of 0.25. According to the industry distribution chart, Solid State ranks #1045 out of 2224 companies in the Hardware industry, placing it in the top 47%.
Is Solid State's Debt-to-Equity too high?
Solid State's current Debt-to-Equity of 0.25 is near median its 10-year median of 0.25. The Hardware industry median Debt-to-Equity is 0.28. Solid State's value of 0.25 is 9.1% below this industry median. Based on the distribution chart, Solid State ranks #1045 out of 2224 companies in the Hardware industry, which is above the industry midpoint. Overall, Solid State has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Solid State's Debt-to-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Solid State ranks #1045 out of 2224 companies for Debt-to-Equity. This puts Solid State in the upper half of its industry. The industry median Debt-to-Equity is 0.28. Solid State's value of 0.25 is 9.1% below this benchmark. While the company's 10-year median is 0.25 vs. the industry median of 0.28, Solid State has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Hardware company?
The median Debt-to-Equity among Hardware companies is 0.28, based on 2,224 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Solid State's current Debt-to-Equity of 0.25 is 9.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Solid State and its competitors. For the Hardware industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solid State's current Debt-to-Equity is 0.25, which is near median its own 10-year median of 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solid State stock overvalued right now?
Based on GuruFocus' analysis, Solid State (FRA:OUY) is currently considered Modestly Undervalued. The stock's GF Value™ is €2.58, compared to a current price of €2.10 — trading 18.6% below its estimated fair value. The current Debt-to-Equity is 0.25, which is near median its 10-year median of 0.25 and 9.1% below the Hardware industry median of 0.28. Solid State's overall GF Score™ is 68/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Solid State (FRA:OUY), the current Debt-to-Equity is 0.25 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Solid State (FRA:OUY) Overvalued in 2026?

Based on GuruFocus' analysis, Solid State stock appears to be undervalued. The current stock price of €2.10 is trading 18.6% below its estimated GF Value™ of €2.58. GuruFocus considers Solid State to be Modestly Undervalued.

Key valuation signals for FRA:OUY:

  • Debt-to-Equity: 0.25 (near median its 10-year median of 0.25)
  • GF Value™: €2.58 vs. price of €2.10 (18.6% below fair value)
  • GF Score™: 68/100 with 2 warning signs
  • Industry Position: 9.1% below the Hardware median (#1045 of 2224)

No single metric tells the full story. See the FRA:OUY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Solid State Business Description

Other Exchanges SOLI:UK
Address Hedera Road, 2 Ravensbank Business Park, Redditch, Worcestershire, GBR, B98 9EY
Solid State PLC is engaged in the manufacturing as well as distribution of electronic components and materials. The company's operating segment includes divisions, which are Components and Systems. Geographically, it derives the majority of its revenue from the United Kingdom and has a presence in the Rest of Europe, Asia, North America, and the Rest of the World. The company generates revenue from products such as Computing, Communications, Power and Optoelectronics, and electronic components and modules.
68GF Score

Get the complete analysis for FRA:OUY

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€2.10
Price
€2.58
GF Value