| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 1/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
OXIG Stock Overview
Oxford Instruments plc, through its subsidiaries, researches, develops, manufactures, rents, sells, and services tools and systems in the United Kingdom, China, Japan, the United States, Germany, rest of Europe, rest of Asia, and internationally.
Rewards
Risk Analysis
No risks detected for OXIG from our risk checks.
Oxford Instruments Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | UK£23.60 |
| 52 Week High | UK£28.30 |
| 52 Week Low | UK£17.00 |
| Beta | 0.95 |
| 1 Month Change | -8.35% |
| 3 Month Change | -1.67% |
| 1 Year Change | 21.65% |
| 3 Year Change | 165.17% |
| 5 Year Change | 206.49% |
| Change since IPO | 1,051.22% |
Recent News & Updates
We Think Oxford Instruments (LON:OXIG) Can Manage Its Debt With Ease
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
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Investors Will Want Oxford Instruments' (LON:OXIG) Growth In ROCE To Persist
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Does Oxford Instruments (LON:OXIG) Deserve A Spot On Your Watchlist?
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Shareholder Returns
| OXIG | GB Electronic | GB Market | |
|---|---|---|---|
| 7D | -2.1% | -7.1% | -0.5% |
| 1Y | 21.6% | 3.1% | 8.7% |
Return vs Industry: OXIG exceeded the UK Electronic industry which returned 3.1% over the past year.
Return vs Market: OXIG exceeded the UK Market which returned 8.7% over the past year.
Price Volatility
| OXIG volatility | |
|---|---|
| OXIG Average Weekly Movement | 4.3% |
| Electronic Industry Average Movement | 5.6% |
| Market Average Movement | 5.0% |
| 10% most volatile stocks in GB Market | 10.5% |
| 10% least volatile stocks in GB Market | 2.4% |
Stable Share Price: OXIG is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: OXIG's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1959 | 1,619 | Ian Barkshire | https://www.oxinst.com |
Oxford Instruments plc, through its subsidiaries, researches, develops, manufactures, rents, sells, and services tools and systems in the United Kingdom, China, Japan, the United States, Germany, rest of Europe, rest of Asia, and internationally. It operates through e Materials & Characterisation, Research & Discovery, and Service & Healthcare. The company offers atomic force microscopy products; tools for use in research and development across a range of applications, including semiconductors, renewable energy, mining, metallurgy, and forensics; etch and deposition processing equipment and solutions for use in power and RF devices, VCSELs/lasers, 2D materials, augmented reality, biomems, failure analysis, HBLEDs, infrared sensors, MEMS and sensors, and quantum; and low temperature systems comprising wet systems, magnet systems, instrumentation products, and custom and specialty systems.
Oxford Instruments Fundamentals Summary
| OXIG fundamental statistics | |
|---|---|
| Market Cap | UK£1.36b |
| Earnings (TTM) | UK£42.40m |
| Revenue (TTM) | UK£348.30m |
32.1x
P/E Ratio3.9x
P/S RatioIs OXIG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| OXIG income statement (TTM) | |
|---|---|
| Revenue | UK£348.30m |
| Cost of Revenue | UK£168.20m |
| Gross Profit | UK£180.10m |
| Expenses | UK£137.70m |
| Earnings | UK£42.40m |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
Jun 14, 2022
| Earnings per share (EPS) | 0.74 |
| Gross Margin | 51.71% |
| Net Profit Margin | 12.17% |
| Debt/Equity Ratio | 17.6% |
How did OXIG perform over the long term?
See historical performance and comparisonDividends
0.7%
Current Dividend Yield23%
Payout RatioValuation
Is Oxford Instruments undervalued compared to its fair value and its price relative to the market?
32.06x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: OXIG (£23.6) is trading above our estimate of fair value (£17.77)
Significantly Below Fair Value: OXIG is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: OXIG is poor value based on its PE Ratio (32.1x) compared to the UK Electronic industry average (30.4x).
PE vs Market: OXIG is poor value based on its PE Ratio (32.1x) compared to the UK market (19.5x).
Price to Earnings Growth Ratio
PEG Ratio: OXIG is poor value based on its PEG Ratio (3.1x)
Price to Book Ratio
PB vs Industry: OXIG is overvalued based on its PB Ratio (4.9x) compared to the GB Electronic industry average (2.5x).
Future Growth
How is Oxford Instruments forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
10.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: OXIG's forecast earnings growth (10.4% per year) is above the savings rate (0.9%).
Earnings vs Market: OXIG's earnings (10.4% per year) are forecast to grow slower than the UK market (12.1% per year).
High Growth Earnings: OXIG's earnings are forecast to grow, but not significantly.
Revenue vs Market: OXIG's revenue (4.2% per year) is forecast to grow slower than the UK market (4.9% per year).
High Growth Revenue: OXIG's revenue (4.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if OXIG's Return on Equity is forecast to be high in 3 years time
Past Performance
How has Oxford Instruments performed over the past 5 years?
47.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: OXIG has high quality earnings.
Growing Profit Margin: OXIG's current net profit margins (12.2%) are higher than last year (11%).
Past Earnings Growth Analysis
Earnings Trend: OXIG's earnings have grown significantly by 47.9% per year over the past 5 years.
Accelerating Growth: OXIG's earnings growth over the past year (28.5%) is below its 5-year average (47.9% per year).
Earnings vs Industry: OXIG earnings growth over the past year (28.5%) exceeded the Electronic industry 10.3%.
Return on Equity
High ROE: OXIG's Return on Equity (15.2%) is considered low.
Financial Health
How is Oxford Instruments's financial position?
Financial Position Analysis
Short Term Liabilities: OXIG's short term assets (£275.7M) exceed its short term liabilities (£204.8M).
Long Term Liabilities: OXIG's short term assets (£275.7M) exceed its long term liabilities (£17.9M).
Debt to Equity History and Analysis
Debt Level: OXIG has more cash than its total debt.
Reducing Debt: OXIG's debt to equity ratio has reduced from 117.8% to 17.6% over the past 5 years.
Debt Coverage: OXIG's debt is well covered by operating cash flow (74.2%).
Interest Coverage: OXIG's interest payments on its debt are well covered by EBIT (39.5x coverage).
Balance Sheet
Dividend
What is Oxford Instruments's current dividend yield, its reliability and sustainability?
0.73%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: OXIG's dividend (0.73%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.39%).
High Dividend: OXIG's dividend (0.73%) is low compared to the top 25% of dividend payers in the UK market (4.05%).
Stability and Growth of Payments
Stable Dividend: OXIG is not paying a notable dividend for the UK market, therefore no need to check if payments are stable.
Growing Dividend: OXIG is not paying a notable dividend for the UK market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: OXIG is not paying a notable dividend for the UK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of OXIG's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.7yrs
Average management tenure
CEO
Ian Barkshire (55 yo)
5.67yrs
Tenure
UK£2,244,000
Compensation
Dr. Ian Barkshire has been the Chief Executive of Oxford Instruments plc since May 11, 2016 and its Executive Director since November 10, 2015. Dr. Barkshire served as the Chief Operating Officer of Oxford...
CEO Compensation Analysis
Compensation vs Market: Ian's total compensation ($USD3.06M) is above average for companies of similar size in the UK market ($USD1.56M).
Compensation vs Earnings: Ian's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: OXIG's management team is seasoned and experienced (5.7 years average tenure).
Board Members
Experienced Board: OXIG's board of directors are considered experienced (5.7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Oxford Instruments plc's employee growth, exchange listings and data sources
Key Information
- Name: Oxford Instruments plc
- Ticker: OXIG
- Exchange: LSE
- Founded: 1959
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Implied Market Cap: UK£1.359b
- Shares outstanding: 57.59m
- Website: https://www.oxinst.com
Number of Employees
Location
- Oxford Instruments plc
- Tubney Woods
- Abingdon
- Oxfordshire
- OX13 5QX
- United Kingdom
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/17 22:58 |
| End of Day Share Price | 2022/01/17 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2021/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.