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5242 (Solid Automotive Bhd) Stock Analysis
Buy, Hold or Sell?

Let's analyze Solid Automotive Bhd together

I guess you are interested in Solid Automotive Bhd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

  • 📊 Fundamental Analysis (FA) – Solid Automotive Bhd’s Financial Insights
  • 📈 Technical Analysis (TA) – Solid Automotive Bhd’s Price Targets

I'm going to help you getting a better view of Solid Automotive Bhd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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1. Quick Overview

1.1. Quick analysis of Solid Automotive Bhd (30 sec.)










1.2. What can you expect buying and holding a share of Solid Automotive Bhd? (30 sec.)

How much money do you get?

How much money do you get?
RM0.00
When do you have the money?
1 year
How often do you get paid?
24.1%

What is your share worth?

Current worth
RM0.45
Expected worth in 1 year
RM0.52
How sure are you?
86.2%

+ What do you gain per year?

Total Gains per Share
RM0.07
Return On Investment
42.5%

For what price can you sell your share?

Current Price per Share
RM0.16
Expected price per share
RM0.15 - RM0.165
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of Solid Automotive Bhd (5 min.)




Live pricePrice per Share (EOD)
RM0.16
Intrinsic Value Per Share
RM-0.66 - RM-0.79
Total Value Per Share
RM-0.21 - RM-0.34

2.2. Growth of Solid Automotive Bhd (5 min.)




Is Solid Automotive Bhd growing?

Current yearPrevious yearGrowGrow %
How rich?$56.1m$47.2m$8.6m15.5%

How much money is Solid Automotive Bhd making?

Current yearPrevious yearGrowGrow %
Making money$2.3m$370.6k$1.9m84.2%
Net Profit Margin12.1%1.9%--

How much money comes from the company's main activities?

2.3. Financial Health of Solid Automotive Bhd (5 min.)




2.4. Comparing to competitors in the Auto Parts industry (5 min.)




  Industry Rankings (Auto Parts)  

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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Solid Automotive Bhd?

Welcome investor! Solid Automotive Bhd's management wants to use your money to grow the business. In return you get a share of Solid Automotive Bhd.

First you should know what it really means to hold a share of Solid Automotive Bhd. And how you can make/lose money.

Speculation

The Price per Share of Solid Automotive Bhd is RM0.16. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Solid Automotive Bhd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Solid Automotive Bhd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is RM0.45. Based on the TTM, the Book Value Change Per Share is RM0.02 per quarter. Based on the YOY, the Book Value Change Per Share is RM0.00 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is RM0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Solid Automotive Bhd.

How much money are you going to get?

 MRQTTMYOY3Y5Y10Y
 RM% of Price per ShareRM% of Price per ShareRM% of Price per ShareRM% of Price per ShareRM% of Price per ShareRM% of Price per Share
Usd Eps0.000.6%0.002.8%0.000.4%0.001.3%0.000.9%0.000.7%
Usd Book Value Change Per Share0.000.6%0.002.5%0.000.5%0.001.2%0.001.3%0.002.3%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.1%0.000.1%0.000.1%
Usd Total Gains Per Share0.000.6%0.002.5%0.000.5%0.001.3%0.001.4%0.002.4%
Usd Price Per Share0.04-0.05-0.04-0.05-0.05-0.10-
Price to Earnings Ratio10.89-11.94-32.70-20.32-16.90-53.62-
Price-to-Total Gains Ratio45.41-21.30-71.52-48.41-45.64-30.21-
Price to Book Ratio0.41-0.43-0.48-0.48-0.58-1.47-
Price-to-Total Gains Ratio45.41-21.30-71.52-48.41-45.64-30.21-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.038128
Number of shares26227
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.00
Usd Total Gains Per Share0.000.00
Gains per Quarter (26227 shares)106.1357.17
Gains per Year (26227 shares)424.51228.68
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1042541519210219
2084984037420448
301274126556630677
401698169075840906
50212321159410501135
602547254011212601364
702972296513114701593
803396339015016791822
903821381516918892051
1004245424018720992280

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%19.01.00.095.0%27.01.01.093.1%27.01.01.093.1%
Book Value Change Per Share3.01.00.075.0%10.02.00.083.3%16.04.00.080.0%23.06.00.079.3%23.06.00.079.3%
Dividend per Share0.00.04.00.0%4.00.08.033.3%6.00.014.030.0%7.00.022.024.1%7.00.022.024.1%
Total Gains per Share3.01.00.075.0%11.01.00.091.7%18.02.00.090.0%25.04.00.086.2%25.04.00.086.2%
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3.2. Key Performance Indicators

The key performance indicators of Solid Automotive Bhd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-3Y+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.0040.017-76%0.004+15%0.008-49%0.008-51%0.016-74%
Book Value Per Share--0.4530.452+0%0.382+19%0.401+13%0.370+23%0.338+34%
Current Ratio--2.9523.175-7%2.538+16%2.724+8%2.678+10%2.9530%
Debt To Asset Ratio--0.2860.281+2%0.332-14%0.327-13%0.336-15%0.322-11%
Debt To Equity Ratio--0.4000.391+2%0.497-20%0.490-18%0.513-22%0.462-14%
Dividend Per Share----0%0.000-100%0.001-100%0.001-100%0.001-100%
Enterprise Value--1929820.0008841694.250-78%18750497.500-90%22820623.917-92%42465537.350-95%151400972.724-99%
Eps--0.0040.019-78%0.003+42%0.009-51%0.006-33%0.005-12%
Ev To Sales Ratio--0.0050.025-78%0.057-90%0.067-92%0.151-96%1.068-99%
Free Cash Flow Per Share---0.057-0.012-79%0.018-416%-0.002-97%0.001-4601%0.001-8914%
Free Cash Flow To Equity Per Share---0.057-0.012-79%0.008-848%0.000-3180499%0.007-859%0.007-938%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%0.966+4%
Intrinsic Value_10Y_max---0.794----------
Intrinsic Value_10Y_min---0.661----------
Intrinsic Value_1Y_max---0.018----------
Intrinsic Value_1Y_min---0.017----------
Intrinsic Value_3Y_max---0.100----------
Intrinsic Value_3Y_min---0.094----------
Intrinsic Value_5Y_max---0.239----------
Intrinsic Value_5Y_min---0.218----------
Market Cap83099520.000-16%96083820.000100628325.000-5%94785390.000+1%98247870.000-2%107769690.000-11%212405238.621-55%
Net Profit Margin--0.0250.121-79%0.019+35%0.054-54%0.036-30%0.031-20%
Operating Margin----0%0.022-100%0.013-100%0.009-100%0.022-100%
Operating Ratio--1.7371.653+5%1.747-1%1.711+2%1.731+0%1.694+3%
Pb Ratio0.353-16%0.4080.429-5%0.478-15%0.475-14%0.581-30%1.471-72%
Pe Ratio9.422-16%10.89411.939-9%32.700-67%20.322-46%16.897-36%53.623-80%
Price Per Share0.160-16%0.1850.194-5%0.183+1%0.189-2%0.208-11%0.409-55%
Price To Free Cash Flow Ratio-0.705+14%-0.8151.479-155%2.687-130%1.067-176%0.533-253%0.176-563%
Price To Total Gains Ratio39.272-16%45.40821.305+113%71.521-37%48.412-6%45.637-1%30.208+50%
Quick Ratio--1.2461.400-11%1.317-5%1.421-12%1.467-15%1.503-17%
Return On Assets--0.0070.031-78%0.005+27%0.014-53%0.011-37%0.009-24%
Return On Equity--0.0090.042-78%0.008+19%0.020-53%0.015-38%0.011-14%
Total Gains Per Share--0.0040.017-76%0.004+15%0.009-53%0.009-55%0.016-75%
Usd Book Value--56106781.80055916714.316+0%47227374.691+19%49580647.163+13%45742604.004+23%41780620.188+34%
Usd Book Value Change Per Share--0.0010.004-76%0.001+15%0.002-49%0.002-51%0.004-74%
Usd Book Value Per Share--0.1080.108+0%0.091+19%0.095+13%0.088+23%0.080+34%
Usd Dividend Per Share----0%0.000-100%0.000-100%0.000-100%0.000-100%
Usd Enterprise Value--459876.1062106975.740-78%4468243.554-90%5438154.679-92%10119537.551-95%36078851.800-99%
Usd Eps--0.0010.005-78%0.001+42%0.002-51%0.002-33%0.001-12%
Usd Free Cash Flow---7024369.100-1441198.783-79%2219393.705-416%-216549.068-97%156063.421-4601%57710.204-12272%
Usd Free Cash Flow Per Share---0.014-0.003-79%0.004-416%0.000-97%0.000-4601%0.000-8914%
Usd Free Cash Flow To Equity Per Share---0.014-0.003-79%0.002-848%0.000-3180499%0.002-859%0.002-938%
Usd Market Cap19802615.616-16%22896774.30623979729.848-5%22587358.437+1%23412467.421-2%25681517.127-11%50616168.363-55%
Usd Price Per Share0.038-16%0.0440.046-5%0.043+1%0.045-2%0.049-11%0.097-55%
Usd Profit--525451.5002339235.788-78%370675.650+42%1065106.534-51%784934.618-33%600098.433-12%
Usd Revenue--20904152.60020608679.843+1%19889577.839+5%20345517.885+3%18907432.289+11%16505215.343+27%
Usd Total Gains Per Share--0.0010.004-76%0.001+15%0.002-53%0.002-55%0.004-75%
 EOD+3 -5MRQTTM+9 -26YOY+24 -143Y+11 -275Y+11 -2710Y+12 -27

3.3 Fundamental Score

Let's check the fundamental score of Solid Automotive Bhd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-159.422
Price to Book Ratio (EOD)Between0-10.353
Net Profit Margin (MRQ)Greater than00.025
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than11.246
Current Ratio (MRQ)Greater than12.952
Debt to Asset Ratio (MRQ)Less than10.286
Debt to Equity Ratio (MRQ)Less than10.400
Return on Equity (MRQ)Greater than0.150.009
Return on Assets (MRQ)Greater than0.050.007
Total7/10 (70.0%)

3.4 Technical Score

Let's check the technical score of Solid Automotive Bhd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5051.438
Ma 20Greater thanMa 500.159
Ma 50Greater thanMa 1000.158
Ma 100Greater thanMa 2000.164
OpenGreater thanClose0.160
Total2/5 (40.0%)

4. In-depth Analysis

4.1 About Solid Automotive Bhd

Solid Automotive Berhad, an investment holding company, engages in the trading and distribution of automotive spare parts and components in Malaysia, the Middle East, Africa, and internationally. The company operates in three segments: Automotive Electrical Parts, Automotive Engine and Mechanical Parts, and Others. It also trades in and distributes automotive engines, mechanical parts and components, car accessories, automotive batteries, lubricants, and industrial supplies, as well as electrical parts, spare parts, and components for passenger and commercial vehicles. In addition, the company engages in property and investment holding activities, as well as provision of management services. Solid Automotive Berhad was founded in 1982 and is headquartered in Johor Bahru, Malaysia.

Fundamental data was last updated by Penke on 2025-06-28 06:07:05.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is underpriced.
Based on how much money comes from the company's main activities, the company is cheap.
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4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profit Solid Automotive Bhd earns for each RM1 of revenue.

  • Above 10% is considered healthy but always compare Solid Automotive Bhd to the Auto Parts industry mean.
  • A Net Profit Margin of 2.5% means that RM0.03 for each RM1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Solid Automotive Bhd:

  • The MRQ is 2.5%. The company is making a profit. +1
  • The TTM is 12.1%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ2.5%TTM12.1%-9.6%
TTM12.1%YOY1.9%+10.2%
TTM12.1%5Y3.6%+8.5%
5Y3.6%10Y3.1%+0.4%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ2.5%4.2%-1.7%
TTM12.1%3.6%+8.5%
YOY1.9%4.1%-2.2%
3Y5.4%3.6%+1.8%
5Y3.6%3.4%+0.2%
10Y3.1%3.9%-0.8%
4.3.1.2. Return on Assets

Shows how efficient Solid Automotive Bhd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Solid Automotive Bhd to the Auto Parts industry mean.
  • 0.7% Return on Assets means that Solid Automotive Bhd generated RM0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Solid Automotive Bhd:

  • The MRQ is 0.7%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 3.1%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ0.7%TTM3.1%-2.4%
TTM3.1%YOY0.5%+2.5%
TTM3.1%5Y1.1%+2.0%
5Y1.1%10Y0.9%+0.2%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7%1.2%-0.5%
TTM3.1%1.1%+2.0%
YOY0.5%1.2%-0.7%
3Y1.4%1.1%+0.3%
5Y1.1%1.1%0.0%
10Y0.9%1.3%-0.4%
4.3.1.3. Return on Equity

Shows how efficient Solid Automotive Bhd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Solid Automotive Bhd to the Auto Parts industry mean.
  • 0.9% Return on Equity means Solid Automotive Bhd generated RM0.01 for each RM1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Solid Automotive Bhd:

  • The MRQ is 0.9%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 4.2%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.9%TTM4.2%-3.3%
TTM4.2%YOY0.8%+3.4%
TTM4.2%5Y1.5%+2.7%
5Y1.5%10Y1.1%+0.4%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9%2.4%-1.5%
TTM4.2%2.3%+1.9%
YOY0.8%2.6%-1.8%
3Y2.0%2.2%-0.2%
5Y1.5%2.0%-0.5%
10Y1.1%2.3%-1.2%
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4.3.2. Operating Efficiency of Solid Automotive Bhd.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

Measures how efficient Solid Automotive Bhd is operating .

  • Measures how much profit Solid Automotive Bhd makes for each RM1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Solid Automotive Bhd to the Auto Parts industry mean.
  • An Operating Margin of 0.0% means the company generated RM0.00  for each RM1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Solid Automotive Bhd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY2.2%-2.2%
TTM-5Y0.9%-0.9%
5Y0.9%10Y2.2%-1.4%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ-7.8%-7.8%
TTM-5.8%-5.8%
YOY2.2%3.9%-1.7%
3Y1.3%3.1%-1.8%
5Y0.9%3.7%-2.8%
10Y2.2%4.8%-2.6%
4.3.2.2. Operating Ratio

Measures how efficient Solid Automotive Bhd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Auto Parts industry mean).
  • An Operation Ratio of 1.74 means that the operating costs are RM1.74 for each RM1 in net sales.

Let's take a look of the Operating Ratio trends of Solid Automotive Bhd:

  • The MRQ is 1.737. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.653. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.737TTM1.653+0.084
TTM1.653YOY1.747-0.094
TTM1.6535Y1.731-0.077
5Y1.73110Y1.694+0.036
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ1.7371.659+0.078
TTM1.6531.585+0.068
YOY1.7471.140+0.607
3Y1.7111.324+0.387
5Y1.7311.297+0.434
10Y1.6941.174+0.520
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4.4.3. Liquidity of Solid Automotive Bhd.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if Solid Automotive Bhd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Auto Parts industry mean).
  • A Current Ratio of 2.95 means the company has RM2.95 in assets for each RM1 in short-term debts.

Let's take a look of the Current Ratio trends of Solid Automotive Bhd:

  • The MRQ is 2.952. The company is able to pay all its short-term debts. +1
  • The TTM is 3.175. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ2.952TTM3.175-0.223
TTM3.175YOY2.538+0.637
TTM3.1755Y2.678+0.497
5Y2.67810Y2.953-0.275
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ2.9521.528+1.424
TTM3.1751.551+1.624
YOY2.5381.615+0.923
3Y2.7241.635+1.089
5Y2.6781.622+1.056
10Y2.9531.531+1.422
4.4.3.2. Quick Ratio

Measures if Solid Automotive Bhd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Solid Automotive Bhd to the Auto Parts industry mean.
  • A Quick Ratio of 1.25 means the company can pay off RM1.25 for each RM1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Solid Automotive Bhd:

  • The MRQ is 1.246. The company is just able to pay all its short-term debts with the most liquid assets.
  • The TTM is 1.400. The company is able to pay all its short-term debts with the most liquid assets. +1
Trends
Current periodCompared to+/- 
MRQ1.246TTM1.400-0.154
TTM1.400YOY1.317+0.083
TTM1.4005Y1.467-0.067
5Y1.46710Y1.503-0.036
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2460.656+0.590
TTM1.4000.684+0.716
YOY1.3170.795+0.522
3Y1.4210.788+0.633
5Y1.4670.836+0.631
10Y1.5030.888+0.615
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4.5.4. Solvency of Solid Automotive Bhd.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much % of Solid Automotive Bhd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Solid Automotive Bhd to Auto Parts industry mean.
  • A Debt to Asset Ratio of 0.29 means that Solid Automotive Bhd assets are financed with 28.6% credit (debt) and the remaining percentage (100% - 28.6%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Solid Automotive Bhd:

  • The MRQ is 0.286. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.281. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.286TTM0.281+0.005
TTM0.281YOY0.332-0.051
TTM0.2815Y0.336-0.055
5Y0.33610Y0.322+0.014
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2860.504-0.218
TTM0.2810.501-0.220
YOY0.3320.490-0.158
3Y0.3270.497-0.170
5Y0.3360.492-0.156
10Y0.3220.480-0.158
4.5.4.2. Debt to Equity Ratio

Measures if Solid Automotive Bhd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Solid Automotive Bhd to the Auto Parts industry mean.
  • A Debt to Equity ratio of 40.0% means that company has RM0.40 debt for each RM1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Solid Automotive Bhd:

  • The MRQ is 0.400. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.391. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.400TTM0.391+0.009
TTM0.391YOY0.497-0.106
TTM0.3915Y0.513-0.122
5Y0.51310Y0.462+0.051
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4001.058-0.658
TTM0.3911.031-0.640
YOY0.4971.003-0.506
3Y0.4901.017-0.527
5Y0.5131.026-0.513
10Y0.4621.017-0.555
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every RM1 in earnings Solid Automotive Bhd generates.

  • Above 15 is considered overpriced but always compare Solid Automotive Bhd to the Auto Parts industry mean.
  • A PE ratio of 10.89 means the investor is paying RM10.89 for every RM1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Solid Automotive Bhd:

  • The EOD is 9.422. Based on the earnings, the company is underpriced. +1
  • The MRQ is 10.894. Based on the earnings, the company is underpriced. +1
  • The TTM is 11.939. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD9.422MRQ10.894-1.472
MRQ10.894TTM11.939-1.045
TTM11.939YOY32.700-20.760
TTM11.9395Y16.897-4.958
5Y16.89710Y53.623-36.726
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
EOD9.42214.217-4.795
MRQ10.89413.869-2.975
TTM11.93913.638-1.699
YOY32.70014.096+18.604
3Y20.32215.592+4.730
5Y16.89716.857+0.040
10Y53.62321.264+32.359
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Solid Automotive Bhd:

  • The EOD is -0.705. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -0.815. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 1.479. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD-0.705MRQ-0.815+0.110
MRQ-0.815TTM1.479-2.294
TTM1.479YOY2.687-1.208
TTM1.4795Y0.533+0.946
5Y0.53310Y0.176+0.357
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
EOD-0.7053.184-3.889
MRQ-0.8152.928-3.743
TTM1.4792.437-0.958
YOY2.6873.515-0.828
3Y1.0671.710-0.643
5Y0.5332.789-2.256
10Y0.1761.832-1.656
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price of Solid Automotive Bhd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Auto Parts industry mean).
  • A PB ratio of 0.41 means the investor is paying RM0.41 for each RM1 in book value.

Let's take a look of the Price to Book Ratio trends of Solid Automotive Bhd:

  • The EOD is 0.353. Based on the equity, the company is cheap. +2
  • The MRQ is 0.408. Based on the equity, the company is cheap. +2
  • The TTM is 0.429. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.353MRQ0.408-0.055
MRQ0.408TTM0.429-0.021
TTM0.429YOY0.478-0.050
TTM0.4295Y0.581-0.152
5Y0.58110Y1.471-0.890
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
EOD0.3531.411-1.058
MRQ0.4081.369-0.961
TTM0.4291.427-0.998
YOY0.4781.664-1.186
3Y0.4751.631-1.156
5Y0.5811.759-1.178
10Y1.4712.239-0.768
4.6.2. Total Gains per Share
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6. Financial Statements




6.1. Latest Balance Sheet

Balance Sheet of 2025-01-31. Currency in MYR. All numbers in thousands.

Summary
Total Assets329,600
Total Liabilities94,154
Total Stockholder Equity235,446
 As reported
Total Liabilities 94,154
Total Stockholder Equity+ 235,446
Total Assets = 329,600

Assets

Total Assets329,600
Total Current Assets257,797
Long-term Assets71,803
Total Current Assets
Cash And Cash Equivalents 30,195
Short-term Investments 45,786
Net Receivables 63,020
Inventory 105,953
Total Current Assets  (as reported)257,797
Total Current Assets  (calculated)244,954
+/- 12,843
Long-term Assets
Property Plant Equipment 66,562
Long-term Assets  (as reported)71,803
Long-term Assets  (calculated)66,562
+/- 5,241

Liabilities & Shareholders' Equity

Total Current Liabilities87,325
Long-term Liabilities6,829
Total Stockholder Equity235,446
Total Current Liabilities
Short Long Term Debt 46,916
Accounts payable 22,401
Total Current Liabilities  (as reported)87,325
Total Current Liabilities  (calculated)69,317
+/- 18,008
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt5,340
Long-term Liabilities  (as reported)6,829
Long-term Liabilities  (calculated)5,340
+/- 1,489
Total Stockholder Equity
Retained Earnings 139,492
Total Stockholder Equity (as reported)235,446
Total Stockholder Equity (calculated)139,492
+/- 95,954
Other
Capital Stock135,762
Common Stock Shares Outstanding 519,372
Net Debt 20,190
Net Invested Capital 285,831
Net Working Capital 170,472
Property Plant and Equipment Gross 66,562



6.2. Balance Sheets Structured

Currency in MYR. All numbers in thousands.

 Trend2025-01-312024-10-312024-07-312024-04-302024-01-312023-10-312023-07-312023-04-302023-01-312022-10-312022-07-312022-04-302022-01-312021-10-312021-07-312021-04-302021-01-312020-10-312020-07-312020-04-302020-01-312019-10-312019-07-312019-04-302019-01-312016-04-302016-01-312015-10-312015-07-31
> Total Assets 
153,000
150,000
161,000
157,000
238,365
234,818
242,356
235,979
236,259
235,536
241,787
245,324
270,657
250,889
250,479
279,681
288,943
288,221
303,277
315,947
304,822
293,272
295,568
297,218
300,529
318,433
328,293
329,414
329,600
329,600329,414328,293318,433300,529297,218295,568293,272304,822315,947303,277288,221288,943279,681250,479250,889270,657245,324241,787235,536236,259235,979242,356234,818238,365157,000161,000150,000153,000
   > Total Current Assets 
105,000
102,000
111,000
107,000
165,982
161,973
169,595
164,171
164,403
160,328
167,314
172,068
198,079
179,803
180,328
210,456
219,402
218,397
232,571
245,854
235,982
224,993
227,993
230,264
242,112
264,996
274,969
276,728
257,797
257,797276,728274,969264,996242,112230,264227,993224,993235,982245,854232,571218,397219,402210,456180,328179,803198,079172,068167,314160,328164,403164,171169,595161,973165,982107,000111,000102,000105,000
       Cash And Cash Equivalents 
15,000
12,000
10,000
11,000
22,248
19,291
20,367
18,963
16,392
16,180
23,286
24,566
47,315
27,104
27,844
40,938
40,800
34,972
35,330
39,693
26,609
23,578
19,367
20,539
25,508
29,437
72,502
37,658
30,195
30,19537,65872,50229,43725,50820,53919,36723,57826,60939,69335,33034,97240,80040,93827,84427,10447,31524,56623,28616,18016,39218,96320,36719,29122,24811,00010,00012,00015,000
       Short-term Investments 
8,000
6,000
18,000
18,000
0
3,046
0
3,500
400
1,600
0
0
0
15,176
18,336
19,929
18,507
17,610
21,791
19,111
17,924
20,620
26,144
27,826
30,910
73,361
30,387
62,514
45,786
45,78662,51430,38773,36130,91027,82626,14420,62017,92419,11121,79117,61018,50719,92918,33615,1760001,6004003,50003,046018,00018,0006,0008,000
       Net Receivables 
34,000
36,000
34,000
34,000
48,795
50,013
53,992
49,307
51,126
52,798
58,688
61,060
61,129
63,377
52,229
61,247
63,788
70,907
76,632
75,964
71,195
72,701
76,671
69,646
64,675
63,543
69,613
63,565
63,020
63,02063,56569,61363,54364,67569,64676,67172,70171,19575,96476,63270,90763,78861,24752,22963,37761,12961,06058,68852,79851,12649,30753,99250,01348,79534,00034,00036,00034,000
       Inventory 
49,000
48,000
49,000
43,000
83,944
81,061
87,360
84,936
89,276
81,416
75,052
75,477
74,084
67,197
74,019
77,320
86,008
84,139
87,454
111,018
120,254
103,965
105,811
103,920
99,791
89,621
92,139
99,950
105,953
105,95399,95092,13989,62199,791103,920105,811103,965120,254111,01887,45484,13986,00877,32074,01967,19774,08475,47775,05281,41689,27684,93687,36081,06183,94443,00049,00048,00049,000
   > Long-term Assets 
0
0
0
0
0
72,845
72,761
71,808
71,856
75,208
74,473
73,256
72,578
71,085
70,151
69,225
69,541
69,823
70,706
70,093
68,840
68,278
67,575
66,954
58,417
53,437
53,324
52,686
71,803
71,80352,68653,32453,43758,41766,95467,57568,27868,84070,09370,70669,82369,54169,22570,15171,08572,57873,25674,47375,20871,85671,80872,76172,84500000
       Property Plant Equipment 
0
0
0
0
56,492
56,191
55,777
55,363
55,546
62,085
61,489
60,345
60,406
60,044
59,273
58,497
58,890
54,939
55,854
55,261
54,048
49,395
48,731
48,292
48,682
47,996
47,903
47,317
66,562
66,56247,31747,90347,99648,68248,29248,73149,39554,04855,26155,85454,93958,89058,49759,27360,04460,40660,34561,48962,08555,54655,36355,77756,19156,4920000
       Goodwill 
0
0
0
0
2,427
2,303
2,303
2,303
2,303
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000000002,3032,3032,3032,3032,4270000
       Intangible Assets 
0
0
0
0
0
0
0
0
0
239
0
0
0
239
0
0
0
239
0
0
0
239
0
0
0
239
0
0
0
000239000239000239000239000239000000000
       Other Assets 
0
0
0
0
1,176
699
1,147
720
720
149
165
165
165
168
138
169
139
121
131
14,593
14,553
18,644
18,605
0
0
0
0
0
0
00000018,60518,64414,55314,5931311211391691381681651651651497207201,1476991,1760000
> Total Liabilities 
36,000
29,000
25,000
23,000
92,210
88,176
94,446
87,475
88,040
95,141
96,719
98,288
93,909
69,042
67,494
97,084
103,259
101,057
111,452
122,364
112,008
97,243
97,622
98,623
100,360
84,251
92,658
96,084
94,154
94,15496,08492,65884,251100,36098,62397,62297,243112,008122,364111,452101,057103,25997,08467,49469,04293,90998,28896,71995,14188,04087,47594,44688,17692,21023,00025,00029,00036,000
   > Total Current Liabilities 
28,000
22,000
19,000
17,000
74,011
68,059
75,212
68,447
72,528
72,742
77,850
80,013
78,503
58,396
57,390
73,108
80,087
80,629
94,018
104,111
102,763
89,636
90,405
91,721
92,778
77,156
85,552
89,325
87,325
87,32589,32585,55277,15692,77891,72190,40589,636102,763104,11194,01880,62980,08773,10857,39058,39678,50380,01377,85072,74272,52868,44775,21268,05974,01117,00019,00022,00028,000
       Short-term Debt 
20,000
11,000
10,000
9,000
34,514
27,574
31,069
28,173
29,126
25,515
22,609
22,896
20,469
16,182
18,932
24,656
27,091
26,685
30,843
41,524
53,617
44,913
34,440
0
0
0
0
0
0
00000034,44044,91353,61741,52430,84326,68527,09124,65618,93216,18220,46922,89622,60925,51529,12628,17331,06927,57434,5149,00010,00011,00020,000
       Short Long Term Debt 
20,000
11,000
10,000
9,000
34,514
27,574
31,069
28,173
36,514
31,155
30,782
31,640
28,538
16,586
19,286
29,960
32,488
32,056
36,306
46,993
59,080
49,970
42,707
40,976
40,588
35,306
32,429
40,238
46,916
46,91640,23832,42935,30640,58840,97642,70749,97059,08046,99336,30632,05632,48829,96019,28616,58628,53831,64030,78231,15536,51428,17331,06927,57434,5149,00010,00011,00020,000
       Accounts payable 
9,000
12,000
11,000
9,000
18,694
20,303
24,854
19,670
18,154
20,317
26,194
25,325
24,762
22,639
20,668
23,667
28,639
26,875
32,368
32,539
21,992
18,012
27,787
30,007
28,382
21,512
31,076
28,072
22,401
22,40128,07231,07621,51228,38230,00727,78718,01221,99232,53932,36826,87528,63923,66720,66822,63924,76225,32526,19420,31718,15419,67024,85420,30318,6949,00011,00012,0009,000
       Other Current Liabilities 
6,000
5,000
5,000
5,000
0
0
0
-1
0
0
0
1
0
0
0
0
0
0
0
22,114
19,271
9,820
17,363
0
0
0
0
0
0
00000017,3639,82019,27122,11400000001000-10005,0005,0005,0006,000
   > Long-term Liabilities 
0
0
0
0
18,199
20,117
19,234
19,028
15,422
22,326
18,793
18,193
15,334
10,627
10,097
23,976
23,172
20,428
17,434
18,253
9,245
7,608
7,217
6,902
7,582
7,095
7,106
6,759
6,829
6,8296,7597,1067,0957,5826,9027,2177,6089,24518,25317,43420,42823,17223,97610,09710,62715,33418,19318,79322,32615,42219,02819,23420,11718,1990000
       Long term Debt Total 
0
0
0
0
17,769
20,117
19,234
19,028
15,422
0
0
18,193
15,334
10,627
10,097
23,976
23,172
20,428
17,434
18,253
9,245
7,608
7,217
0
0
0
0
0
0
0000007,2177,6089,24518,25317,43420,42823,17223,97610,09710,62715,33418,1930015,42219,02819,23420,11717,7690000
> Total Stockholder Equity
0
0
0
0
141,161
141,565
142,622
143,015
148,219
140,395
145,068
147,036
176,748
181,847
182,985
182,597
185,684
187,164
191,825
193,583
192,814
196,028
197,946
198,595
200,169
234,183
235,635
233,330
235,446
235,446233,330235,635234,183200,169198,595197,946196,028192,814193,583191,825187,164185,684182,597182,985181,847176,748147,036145,068140,395148,219143,015142,622141,565141,1610000
   Retained Earnings 
63,000
66,000
64,000
63,000
68,092
25,117
69,453
69,565
47,047
40,758
39,953
42,064
38,407
43,316
44,335
44,113
47,170
48,419
52,788
97,441
97,121
99,913
101,661
101,921
103,343
137,452
139,178
137,287
139,492
139,492137,287139,178137,452103,343101,921101,66199,91397,12197,44152,78848,41947,17044,11344,33543,31638,40742,06439,95340,75847,04769,56569,45325,11768,09263,00064,00066,00063,000
   Accumulated Other Comprehensive Income 00000000000000000000000000000
   Capital Surplus 00000000000000000000000000000
   Treasury Stock00000000000000000000000000000



6.3. Balance Sheets

Currency in MYR. All numbers in thousands.




6.4. Cash Flows

Currency in MYR. All numbers in thousands.




6.5. Income Statements

Currency in MYR. All numbers in thousands.


6.6. Latest Income Statement

Income Statement (annual), 2024-04-30. Currency in MYR. All numbers in thousands.

Gross Profit (+$)
totalRevenue330,841
Cost of Revenue-258,141
Gross Profit72,70072,700
 
Operating Income (+$)
Gross Profit72,700
Operating Expense-288,339
Operating Income42,502-215,639
 
Operating Expense (+$)
Research Development-
Selling General Administrative-
Selling And Marketing Expenses-
Operating Expense288,3390
 
Net Interest Income (+$)
Interest Income-
Interest Expense-2,890
Other Finance Cost-0
Net Interest Income-2,890
 
Pretax Income (+$)
Operating Income42,502
Net Interest Income-2,890
Other Non-Operating Income Expenses-
Income Before Tax (EBT)38,83242,502
EBIT - interestExpense = -2,890
37,539
40,430
Interest Expense2,890
Earnings Before Interest and Taxes (EBIT)-41,722
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax38,832
Tax Provision-1,292
Net Income From Continuing Ops37,53937,539
Net Income37,539
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-2,890
 

Technical Analysis of Solid Automotive Bhd
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Solid Automotive Bhd. The general trend of Solid Automotive Bhd is BEARISH with 57.1% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Solid Automotive Bhd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-57.1%) Bearish trend (57.1%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Solid Automotive Bhd Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Solid Automotive Bhd.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 0.165 < 0.165 < 0.165.

The bearish price targets are: 0.15 > 0.15 > 0.15.

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Solid Automotive Bhd Daily Support & Resistance Chart
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2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Solid Automotive Bhd. The current mas is .

The long score for the Moving Averages is 3/14.
The longshort score for the Moving Averages is -8/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Solid Automotive Bhd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Solid Automotive Bhd. The current macd is -0.000032.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Solid Automotive Bhd price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Solid Automotive Bhd. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Solid Automotive Bhd price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Solid Automotive Bhd Daily Moving Average Convergence/Divergence (MACD) ChartSolid Automotive Bhd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Solid Automotive Bhd. The current adx is 23.78.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Solid Automotive Bhd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Solid Automotive Bhd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Solid Automotive Bhd. The current sar is 0.1503.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Solid Automotive Bhd Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Solid Automotive Bhd. The current rsi is 51.44. The current phase is Correction in bear market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 2/(-13 +13).

  • Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
  • Trending down: The RSI is trending down. -1
Solid Automotive Bhd Daily Relative Strength Index (RSI) ChartSolid Automotive Bhd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Solid Automotive Bhd. The current phase is Correction in bear market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -2/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Solid Automotive Bhd price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Solid Automotive Bhd Daily Stochastic Oscillator ChartSolid Automotive Bhd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Solid Automotive Bhd. The current cci is 4.41501104.

Solid Automotive Bhd Daily Commodity Channel Index (CCI) ChartSolid Automotive Bhd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Solid Automotive Bhd. The current cmo is 4.66894973.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Solid Automotive Bhd Daily Chande Momentum Oscillator (CMO) ChartSolid Automotive Bhd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Solid Automotive Bhd. The current willr is -33.33333333.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Solid Automotive Bhd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Solid Automotive Bhd Daily Williams %R ChartSolid Automotive Bhd Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Solid Automotive Bhd.

Solid Automotive Bhd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Solid Automotive Bhd. The current atr is 0.00559528.

Solid Automotive Bhd Daily Average True Range (ATR) ChartSolid Automotive Bhd Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Solid Automotive Bhd. The current obv is 67,973,301.

Solid Automotive Bhd Daily On-Balance Volume (OBV) ChartSolid Automotive Bhd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Solid Automotive Bhd. The current mfi is 38.35.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Solid Automotive Bhd Daily Money Flow Index (MFI) ChartSolid Automotive Bhd Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Solid Automotive Bhd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2025-01-28STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-02-03STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-02-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-02-06DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-02-07MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-02-13DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-02-14DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-02-17STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-02-18SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2025-02-19MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-02-21CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-02-25STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-02-27MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-02-28BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-03-03RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-03-04STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-03-05RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-03-06CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-03-10STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-03-11RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-03-14STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-17SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2025-03-19STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-24MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-25MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-02STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-03STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-07STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-04-09STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-10MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2025-04-14CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-04-15STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-04-18MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-04-21SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-04-22STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-04-23DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-04-24STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-04-28STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-04-29STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-05-06CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-05-07MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-05-08STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-05-13BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-05-14ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-05-15ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-05-19CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-05-21MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-05-22SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2025-05-26CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-05-27STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-05-28STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-05-30STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-03MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2025-06-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-06-05STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-06-06STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-06-09MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-06-10CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-06-11DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-06-12CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-06-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-06-17STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-06-18STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-06-19STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-06-20STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-06-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-06-30STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

Solid Automotive Bhd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Solid Automotive Bhd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5051.438
Ma 20Greater thanMa 500.159
Ma 50Greater thanMa 1000.158
Ma 100Greater thanMa 2000.164
OpenGreater thanClose0.160
Total2/5 (40.0%)
Penke
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