SODIOTCSemiconductors & Related DevicesFiscal year ends February 28
SOLITRON DEVICES INC
Financials through Q2 FY2027, quarter ended Aug 31, 2026Last filing: 10-Q on Oct 13, 2026
$36.45+1.45 (+4.14%)
Close on Oct 19, 2026
- Market cap
- $78.47M
- P/E (TTM)
- 21.3
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2026
Gross margin
30.2%−0.9 pts over 5 years
Operating margin
9.5%−1.6 pts over 5 years
Net margin
4.8%−8.4 pts over 5 years
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +20.8% | +38.4% | +10.0% | +7.3% | |
| Gross profit | +28.2% | +54.0% | +9.3% | +11.2% | |
| Operating income | +62.1% | – | +6.7% | – | |
| Net income | -1.0% | -0.8% | -10.2% | – | |
| Free cash flow | +82.7% | – | -8.5% | +9.2% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | -1.4% | 22.2% | 4.3% | |
| Return on assets | -1.3% | 17.1% | 3.2% | |
| Current ratio | 17.06 | 6.10 | 4.56 | |
| Debt to equity | – | 0.00 | – | |
| Net debt to EBITDA | – | -2.72× | – | |
| Interest coverage | – | 233.8× | 6.2× | |
| Inventory turnover | 1.7× | 0.0× | 3.1× | |
| Capex to revenue | 2.2% | 0.7% | 1.9% | |
| Diluted shares | 2M | 2M | 2M |
Where the cash went
Fiscal 2022 to 2026, five years combined
Solitron Devices generated $9.96M from operations and spent $9.66M on capital expenditure, dividends and share buybacks. 99% of that went back into the business.
Generated
$9.96M
Used
$9.66M
Capital expenditure$9.60M99%Dividends$00%Share buybacks$63.00K1%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin4.8%
×Asset turnover0.67×
×Equity multiplier1.34×
=Return on equity, FY20264.3%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2026 | 4.8% | 0.67× | 1.34× | 4.3% |
| FY2025 | 5.8% | 0.57× | 1.41× | 4.7% |
| FY2024 | 45.5% | 0.64× | 1.41× | 40.9% |
| FY2023 | 12.9% | 0.43× | 1.36× | 7.6% |
| FY2022 | 28.6% | 1.05× | 1.35× | 40.4% |
| FY2021 | 13.1% | 1.31× | 1.30× | 22.2% |
| FY2020 | -6.6% | 1.32× | 1.23× | -10.6% |
| FY2016 | -2.0% | 0.65× | 1.07× | -1.4% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
6of 8 tests passed in fiscal 2026. Some tests lack the figures they need.
- ProfitableNet income above zero$807.00K
- Cash generatingOperating cash flow above zero$1.35M
- Return on assets improvedROA up on the prior year3.3% → 3.3%
- Earnings backed by cashOperating cash flow above net income$1.35M vs $807.00K
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose5.04 → 4.56
- No dilutionShare count did not rise2M → 2M
- Gross margin improvedGross margin up on the prior year28.41% → 30.16%
- More efficientAsset turnover rose0.57 → 0.69