Solid State (LSE:SOLI) Net Margin %: 3.37% (As of Sep. 2025) — 32% Below Median


LSE:SOLI Solid State PLC LSE:SOLI
81 GF Score
Price £1.93
GF Value £2.53
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Solid State Net Margin %?

Solid State LSE:SOLI -3.27% 81 Net Margin % is 3.37% as of Sep. 2025, which is 32% below its 10-year median of 4.96. GuruFocus rates LSE:SOLI with a GF Score™ of 81/100 and a GF Value™ of £2.53 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 2,473 Hardware companies, Solid State ranks worse than 57.02% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Solid State's Net Income for the six months ended in Sep. 2025 was £2.9 Mil. Solid State's Revenue for the six months ended in Sep. 2025 was £85.7 Mil. Therefore, Solid State's net margin for the quarter that ended in Sep. 2025 was 3.37%.

The historical rank and industry rank for Solid State's Net Margin % or its related term are showing as below:

LSE:SOLI' s Net Margin % Range Over the Past 10 Years
Min: 0.41   Med: 4.96   Max: 11.32
Current: 1.63


LSE:SOLI's Net Margin % is ranked worse than
57.02% of 2473 companies
in the Hardware industry
Industry Median: 2.7 vs LSE:SOLI: 1.63

Solid State  (LSE:SOLI) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Solid State Net Margin % Related Terms


Solid State Net Margin % Historical Data

* Premium members only.

The historical data trend for Solid State's Net Margin % 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 Net Margin % Chart

Solid State Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.96 2.97 5.29 5.43 0.41

Solid State Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Net Margin % 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 5.11 5.81 1.58 -0.73 3.37

LSE:SOLI vs APH, GLW, TEL: Net Margin % Comparison

For the Electronic Components subindustry, Solid State's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Hardware Industry

For the Hardware industry and Technology sector, Solid State's Net Margin % distribution charts can be found below:

* The bar in red indicates where Solid State's Net Margin % falls into.


LSE:SOLI
81GF Score
Solid State PLC LSE:SOLI
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Solid State Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Solid State's Net Margin for the fiscal year that ended in Mar. 2025 is calculated as

Net Margin=Net Income (A: Mar. 2025 )/Revenue (A: Mar. 2025 )
=0.512/125.064
=0.41 %

Solid State's Net Margin for the quarter that ended in Sep. 2025 is calculated as

Net Margin=Net Income (Q: Sep. 2025 )/Revenue (Q: Sep. 2025 )
=2.885/85.653
=3.37 %

* 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 Net Margin % →
What does a Net Margin % of 3.37% mean?
Solid State (LSE:SOLI) has a Net Margin % of 3.37% as of Sep. 2025. Net margin is the ratio of total net income to net sales. View historical data on Solid State and its competitors. This is 32% below median its historical median of 4.96. Over the past decade, Solid State's Net Margin % has ranged from 0.41 to 11.32. According to the industry distribution chart, Solid State ranks #1410 out of 2473 companies in the Hardware industry, placing it in the top 57%.
Is Solid State's Net Margin % too high?
Solid State's current Net Margin % of 3.37% is 32% below median its 10-year median of 4.96. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 11.32. The Hardware industry median Net Margin % is 2.70. Solid State's value of 3.37% is 24.8% above this industry median. Based on the distribution chart, Solid State ranks #1410 out of 2473 companies in the Hardware industry, which is below the industry midpoint. Overall, Solid State has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Solid State's Net Margin % compare to APH and GLW?
According to the Hardware industry distribution chart, Solid State ranks #1410 out of 2473 companies for Net Margin %. This places Solid State in the lower half of its industry. The industry median Net Margin % is 2.70. Solid State's value of 3.37% is 24.8% above this benchmark. Historically, Solid State's own Net Margin % has ranged from 0.41 to 11.32 over the past decade. While the company's 10-year median is 4.96 vs. the industry median of 2.70, Solid State has consistently been above 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 Net Margin % for a Hardware company?
The median Net Margin % among Hardware companies is 2.70, based on 2,473 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Solid State's current Net Margin % of 3.37% is 24.8% above 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Solid State and its competitors. For the Hardware industry, the median Net Margin % is 2.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solid State's current Net Margin % is 3.37%, which is 32% below median its own 10-year median of 4.96. 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 (LSE:SOLI) is currently considered Modestly Undervalued. The stock's GF Value™ is £2.53, compared to a current price of £1.93 — trading 23.9% below its estimated fair value. The current Net Margin % is 3.37%, which is 32% below median its 10-year median of 4.96 and 24.8% above the Hardware industry median of 2.70. Solid State's overall GF Score™ is 81/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Solid State (LSE:SOLI), the current Net Margin % is 3.37% as of Sep. 2025. 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 (LSE:SOLI) Overvalued in 2026?

Based on GuruFocus' analysis, Solid State stock appears to be undervalued. The current stock price of £1.93 is trading 23.9% below its estimated GF Value™ of £2.53. GuruFocus considers Solid State to be Modestly Undervalued.

Key valuation signals for LSE:SOLI:

  • Net Margin %: 3.37% (32% below median its 10-year median of 4.96)
  • GF Value™: £2.53 vs. price of £1.93 (23.9% below fair value)
  • GF Score™: 81/100 with 9 warning signs
  • Industry Position: 24.8% above the Hardware median (#1410 of 2473)

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


Solid State Business Description

Other Exchanges OUY:Germany
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.
81GF Score

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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£1.93
Price
£2.53
GF Value