Judges Scientific PLC

Chart & Performance

D1W1MN

P/E

77.58

P/S

5.42

EPS

1.43

Div Yield, %

0.61%

Shrs. gr., 5y

1.08%

Rev. gr., 5y

11.81%

Revenues

136m

+20.22%

Net income

10m

-24.00%

CFO

27m

+31.06%

Earnings

Mar 19, 2025

Profile

Judges Scientific plc designs, manufactures, and sells scientific instruments. The company operates through two segments, Materials Sciences and Vacuum. It offers engineering teaching and research equipment for universities, colleges, schools, and research centers; and research and development systems for food, beverage, dairy, edible oil, and pharmaceutical industries. The company also provides LED illumination systems for bioscience and clinical microscopy; tensile testing, motion control, and specimen cooling for microscopy applications; automated measurement systems for a range of fibers; edge-welded metal bellows; and fire testing instruments, such as cone calorimeters, large scale calorimeters, NBS smoke chambers and oxygen index test, and related fire testing instruments. In addition, it offers equipment and software used for the computer-controlled testing of soils and rocks; film deposition systems; physical and chemical vapour deposition instruments; open flow cryocoolers for the X-ray diffraction market and crycoolers for cooling applications, such as radio astronomy; test equipment for the characterization of optical fibers; scientific instruments primarily used for electron microscopy sample preparation; scientific equipment used by electrophysiology and imaging researchers; and gas purifiers for metal analysis. Further, the company provides specialized calorimeters used for chemical and battery industries; sample heating and manipulation products for use in vacuum markets for materials research and production; and sheet metalwork services, including components and casting, fabrication, bespoke engineering solutions, as well as laser cutting and CNC machining services. The company operates in the United Kingdom, rest of Europe, North America, China, and internationally. Judges Scientific plc was incorporated in 2002 and is based in London, the United Kingdom.

URL

http://www.judges.uk.com/

IPO date

May 24, 2005

Employees

595

Domiciled in

Incorporated in

Valuation

Order:

Title GBP in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title GBP in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	136,100 20.22%	113,208 24.01%	91,289 14.30%
Cost of revenue	53,700	113,435	91,910
Unusual Expense (Income)
NOPBT	82,400	(227)	(621)
NOPBT Margin	60.54%
Operating Taxes	3,500	3,192	1,956
Tax Rate	4.25%
NOPAT	78,900	(3,419)	(2,577)
Net income	9,500 -24.00%	12,500 -1.44%	12,682 54.28%
Dividends	(5,700)	(4,400)	(3,630)
Dividend yield	0.94%	0.81%	0.68%
Proceeds from repurchase of equity	400	231	186
BB yield	-0.07%	-0.04%	-0.03%
Debt
Debt current	7,400	7,227	5,544
Long-term debt	64,800	52,719	15,771
Deferred revenue		52,719	3,420
Other long-term liabilities		(49,392)	1,324
Net debt	58,500	39,119	(13,804)
Cash flow
Cash from operating activities	26,500	20,219	16,885
CAPEX	(4,700)	(7,893)	(3,448)
Cash from investing activities	(25,900)	(51,111)	(5,207)
Cash from financing activities	(7,600)	33,214	(8,815)
FCF	68,636	(835)	(3,836)
Balance
Cash	13,700	20,827	18,408
Long term investments			16,711
Excess cash	6,895	15,167	30,555
Stockholders' equity	38,000	37,251	26,727
Invested Capital	141,005	97,065	37,580
ROIC	66.28%
ROCE	52.85%
EV
Common stock shares outstanding	6,621	6,428	6,398
Price	91.20 8.06%	84.40 0.48%	84.00 31.66%
Market cap	603,821 11.30%	542,509 0.94%	537,465 31.90%
EV	662,521	581,847	524,279
EBITDA	97,800	10,745	4,133
EV/EBITDA	6.77	54.15	126.85
Interest	7,400	1,964	713
Interest/NOPBT	8.98%