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Oxford Instruments plcLSE:OXIG Stock Report

Market Cap UK£1.7b
Share Price
UK£31.54
UK£26.08
21.0% overvalued intrinsic discount
1Y75.4%
7D10.6%
1D
Portfolio Value
View

Oxford Instruments plc

LSE:OXIG Stock Report

Market Cap: UK£1.7b

Oxford Instruments (OXIG) Stock Overview

Oxford Instruments plc provide scientific technology products and services for academic and commercial organizations in the United Kingdom and internationally. More details

OXIG fundamental analysis
Snowflake Score
Valuation0/6
Future Growth3/6
Past Performance0/6
Financial Health6/6
Dividends0/6

OXIG Community Fair Values

Create Narrative

See what 24 others think this stock is worth. Follow their fair value or set your own to get alerts.

Oxford Instruments plc Competitors

Price History & Performance

Summary of share price highs, lows and changes for Oxford Instruments
Historical stock prices
Current Share PriceUK£31.54
52 Week HighUK£31.62
52 Week LowUK£16.82
Beta1.05
1 Month Change12.97%
3 Month Change18.79%
1 Year Change75.42%
3 Year Change17.25%
5 Year Change52.37%
Change since IPO1,438.54%

Recent News & Updates

Narrative Update Apr 23

OXIG: Rebased P/E Assumptions And Margin Outlook Will Guide Future Repricing

Analysts have lifted their price target on Oxford Instruments by £2.20 to reflect updated assumptions around slightly higher profit margins, a modestly adjusted discount rate, and a lower forward P/E multiple, informed by recent Jefferies and JPMorgan research. Analyst Commentary Recent Street research on Oxford Instruments points to supportive sentiment around the shares, with bullish analysts revisiting their valuation work and adjusting price targets higher.
Narrative Update Apr 09

OXIG: Elevated Margin Assumptions Will Drive Future Downside Risk

Narrative update on Oxford Instruments The analyst price target for Oxford Instruments has moved up by £4.00 to £2,675, with analysts pointing to slightly improved margin assumptions and modestly lower P/E expectations as key factors supporting this adjustment. Analyst Commentary Recent Street research around Oxford Instruments has focused on how far the current valuation can be supported by margins and earnings, even as published price targets are being adjusted.
Narrative Update Mar 25

OXIG: Higher Price Assumptions Will Shape Future Risk Reward Balance

Analysts have raised their price target for Oxford Instruments by £4.00, citing recent Street research, including revised targets of £2,675 and above, as support for this updated view. Analyst Commentary Recent Street research around Oxford Instruments, including the revised £2,675 target and the additional £4.00 uplift cited by analysts, provides a clearer sense of how the market is thinking about valuation and execution risk.
Narrative Update Mar 11

OXIG: Higher Fair Value And Raised Broker Levels Will Support Repricing

Analysts have lifted their fair value estimate for Oxford Instruments from £27.00 to £30.00, reflecting updated assumptions around revenue growth, profit margins and a slightly higher discount rate. This follows recent price target increases from £2,675 at Deutsche Bank and a further £400 uplift highlighted in recent Street research.

Recent updates

Narrative Update Apr 23

OXIG: Rebased P/E Assumptions And Margin Outlook Will Guide Future Repricing

Analysts have lifted their price target on Oxford Instruments by £2.20 to reflect updated assumptions around slightly higher profit margins, a modestly adjusted discount rate, and a lower forward P/E multiple, informed by recent Jefferies and JPMorgan research. Analyst Commentary Recent Street research on Oxford Instruments points to supportive sentiment around the shares, with bullish analysts revisiting their valuation work and adjusting price targets higher.
Narrative Update Apr 09

OXIG: Elevated Margin Assumptions Will Drive Future Downside Risk

Narrative update on Oxford Instruments The analyst price target for Oxford Instruments has moved up by £4.00 to £2,675, with analysts pointing to slightly improved margin assumptions and modestly lower P/E expectations as key factors supporting this adjustment. Analyst Commentary Recent Street research around Oxford Instruments has focused on how far the current valuation can be supported by margins and earnings, even as published price targets are being adjusted.
Narrative Update Mar 25

OXIG: Higher Price Assumptions Will Shape Future Risk Reward Balance

Analysts have raised their price target for Oxford Instruments by £4.00, citing recent Street research, including revised targets of £2,675 and above, as support for this updated view. Analyst Commentary Recent Street research around Oxford Instruments, including the revised £2,675 target and the additional £4.00 uplift cited by analysts, provides a clearer sense of how the market is thinking about valuation and execution risk.
Narrative Update Mar 11

OXIG: Higher Fair Value And Raised Broker Levels Will Support Repricing

Analysts have lifted their fair value estimate for Oxford Instruments from £27.00 to £30.00, reflecting updated assumptions around revenue growth, profit margins and a slightly higher discount rate. This follows recent price target increases from £2,675 at Deutsche Bank and a further £400 uplift highlighted in recent Street research.
Narrative Update Feb 24

OXIG: Higher P/E Expectations Will Shape Balanced Risk Reward Outlook

The analyst price target for Oxford Instruments has been lifted by about £1 to reflect higher fair value estimates and a modestly higher assumed future P/E of roughly 23x. Analysts point to recent price target increases at £2,675 and an additional £4.00 from major banks as key support for the revision.
Narrative Update Feb 09

OXIG: Buybacks And Mixed Ratings Will Shape Future Return Balance

The analyst fair value estimate for Oxford Instruments has shifted from £19.50 to £23.00, reflecting higher Street price targets and updated assumptions on discount rate, revenue trajectory, profit margin and future P/E that analysts see as better aligned with recent research from banks covering the stock. Analyst Commentary Recent Street research on Oxford Instruments presents a mixed picture for investors, with price targets and ratings signalling both confidence in the long term story and pockets of caution on execution and valuation risk.
Analysis Article Feb 06

Some Shareholders Feeling Restless Over Oxford Instruments plc's (LON:OXIG) P/S Ratio

When close to half the companies in the Electronic industry in the United Kingdom have price-to-sales ratios (or "P/S...
Narrative Update Jan 25

OXIG: Buyback And Dividend Actions Will Frame Balanced Risk Reward Outlook

Analysts have increased their fair value estimate for Oxford Instruments from £23.89 to £24.99 per share, reflecting updated assumptions on profit margins and P/E expectations that are consistent with recent price target changes from the Street. Analyst Commentary Recent Street research on Oxford Instruments points to a mix of optimism on the upside potential and caution around execution and valuation, which is reflected in the updated fair value estimate.
Analysis Article Jan 22

Should You Think About Buying Oxford Instruments plc (LON:OXIG) Now?

Oxford Instruments plc ( LON:OXIG ), might not be a large cap stock, but it received a lot of attention from a...
Narrative Update Jan 10

OXIG: Buybacks And Softer Guidance Will Shape Future Return Balance

Oxford Instruments' analyst price targets have edged lower to a range of about £23.00 to £24.00 per share, as analysts moderate their views while still citing supportive factors such as resilient margins and a P/E profile they view as reasonable for the business. Analyst Commentary Recent Street research on Oxford Instruments points to a more cautious tone, with several bearish analysts trimming price targets into the mid £20 range and, in one case, lowering the rating while still keeping a positive stance overall.
Narrative Update Dec 26

OXIG: Share Buybacks And Execution Risks Will Shape Future Return Balance

Oxford Instruments' analyst price target has been trimmed modestly to around £23 per share from approximately £25, as analysts factor in slightly softer growth expectations but stronger margins. This is reflected in a series of recent target reductions while broadly maintaining positive ratings.
Narrative Update Dec 12

OXIG: Share Buybacks And Margin Outlook Will Shape Balanced Future Returns

We raise our Oxford Instruments fair value estimate by approximately £1.00 per share to reflect analysts' slightly lower topline expectations but improved profitability outlook, as well as still supportive, albeit trimmed, Street price targets in the £23.00 to £25.00 range. Analyst Commentary Recent Street research on Oxford Instruments reflects a more cautious stance, with several bearish analysts trimming price targets and rebalancing their recommendations as the shares approach previously optimistic valuation ranges.
Analysis Article Dec 05

Returns On Capital At Oxford Instruments (LON:OXIG) Have Hit The Brakes

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to...
Analysis Article Nov 20

There May Be Some Bright Spots In Oxford Instruments' (LON:OXIG) Earnings

Oxford Instruments plc's ( LON:OXIG ) stock was strong despite it releasing a soft earnings report last week. Our...
Analysis Article Nov 05

A Look At The Intrinsic Value Of Oxford Instruments plc (LON:OXIG)

Key Insights The projected fair value for Oxford Instruments is UK£22.31 based on 2 Stage Free Cash Flow to Equity...
Analysis Article Sep 21

Investors Interested In Oxford Instruments plc's (LON:OXIG) Earnings

With a price-to-earnings (or "P/E") ratio of 41.6x Oxford Instruments plc ( LON:OXIG ) may be sending very bearish...
Analysis Article Sep 03

Oxford Instruments (LON:OXIG) Hasn't Managed To Accelerate Its Returns

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article Aug 05

Oxford Instruments (LON:OXIG) Seems To Use Debt Quite Sensibly

LSE:OXIG 1 Year Share Price vs Fair Value Explore Oxford Instruments's Fair Values from the Community and select yours...
Analysis Article Jun 25

Oxford Instruments (LON:OXIG) Is Paying Out A Larger Dividend Than Last Year

Oxford Instruments plc ( LON:OXIG ) has announced that it will be increasing its dividend from last year's comparable...
Analysis Article Jun 10

Should You Investigate Oxford Instruments plc (LON:OXIG) At UK£19.04?

While Oxford Instruments plc ( LON:OXIG ) might not have the largest market cap around , it led the LSE gainers with a...
Analysis Article May 13

Oxford Instruments (LON:OXIG) Has Some Way To Go To Become A Multi-Bagger

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article Apr 24

Earnings Not Telling The Story For Oxford Instruments plc (LON:OXIG)

When close to half the companies in the United Kingdom have price-to-earnings ratios (or "P/E's") below 15x, you may...
Analysis Article Apr 06

Calculating The Fair Value Of Oxford Instruments plc (LON:OXIG)

Key Insights Using the 2 Stage Free Cash Flow to Equity, Oxford Instruments fair value estimate is UK£17.03 Current...
User avatar
New Narrative Feb 20

Operational Improvements And US Market Focus Will Strengthen Future Margins

Strategic regional rebalancing and leadership changes in North America could foster expansion into new markets and drive revenue growth.
Analysis Article Feb 12

Is Now The Time To Look At Buying Oxford Instruments plc (LON:OXIG)?

Oxford Instruments plc ( LON:OXIG ), is not the largest company out there, but it saw significant share price movement...
Analysis Article Jan 27

Oxford Instruments (LON:OXIG) Has A Pretty Healthy Balance Sheet

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Analysis Article Jan 09

Oxford Instruments plc's (LON:OXIG) Share Price Not Quite Adding Up

When close to half the companies in the United Kingdom have price-to-earnings ratios (or "P/E's") below 16x, you may...
Analysis Article Dec 23

A Look At The Intrinsic Value Of Oxford Instruments plc (LON:OXIG)

Key Insights Oxford Instruments' estimated fair value is UK£23.07 based on 2 Stage Free Cash Flow to Equity Oxford...
Analysis Article Dec 05

Slowing Rates Of Return At Oxford Instruments (LON:OXIG) Leave Little Room For Excitement

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article Sep 06

Oxford Instruments plc's (LON:OXIG) Shareholders Might Be Looking For Exit

With a price-to-earnings (or "P/E") ratio of 25.3x Oxford Instruments plc ( LON:OXIG ) may be sending bearish signals...
Analysis Article Aug 03

Does Oxford Instruments (LON:OXIG) Have A Healthy Balance Sheet?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Jun 28

Oxford Instruments' (LON:OXIG) Returns Have Hit A Wall

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...
Analysis Article May 10

At UK£23.95, Is Oxford Instruments plc (LON:OXIG) Worth Looking At Closely?

Oxford Instruments plc ( LON:OXIG ), is not the largest company out there, but it saw a decent share price growth of...
Analysis Article Apr 25

Oxford Instruments plc (LON:OXIG) Shares Could Be 31% Above Their Intrinsic Value Estimate

Key Insights The projected fair value for Oxford Instruments is UK£16.65 based on 2 Stage Free Cash Flow to Equity...
Analysis Article Mar 13

Here's What To Make Of Oxford Instruments' (LON:OXIG) Decelerating Rates Of Return

What are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...
Analysis Article Feb 29

Oxford Instruments (LON:OXIG) Has A Pretty Healthy Balance Sheet

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Shareholder Returns

OXIGGB ElectronicGB Market
7D10.6%2.7%1.5%
1Y75.4%60.0%19.4%

Return vs Industry: OXIG exceeded the UK Electronic industry which returned 60% over the past year.

Return vs Market: OXIG exceeded the UK Market which returned 19.4% over the past year.

Price Volatility

Is OXIG's price volatile compared to industry and market?
OXIG volatility
OXIG Average Weekly Movement5.5%
Electronic Industry Average Movement6.0%
Market Average Movement5.7%
10% most volatile stocks in GB Market12.0%
10% least volatile stocks in GB Market3.1%

Stable Share Price: OXIG has not had significant price volatility in the past 3 months compared to the UK market.

Volatility Over Time: OXIG's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19592,169Richard Tysonwww.oxinst.com

Oxford Instruments plc provide scientific technology products and services for academic and commercial organizations in the United Kingdom and internationally. It operates through two segments: Imaging and Analysis and Advanced Technologies. The company offers atomic force, electron, light, and Raman microscopy; deposition tools comprising plasma enhanced chemical vapour deposition, inductively coupled plasma chemical vapour deposition, atomic layer deposition, and ion beam deposition systems; and etch tools, including inductively coupled plasma etching, reactive ion etching, deep silicon etching, atomic layer etching, and ion beam etching systems.

Oxford Instruments plc Fundamentals Summary

How do Oxford Instruments's earnings and revenue compare to its market cap?
OXIG fundamental statistics
Market capUK£1.74b
Earnings (TTM)UK£15.70m
Revenue (TTM)UK£481.80m
111.0x
P/E Ratio
3.6x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
OXIG income statement (TTM)
RevenueUK£481.80m
Cost of RevenueUK£234.00m
Gross ProfitUK£247.80m
Other ExpensesUK£232.10m
EarningsUK£15.70m

Last Reported Earnings

Sep 30, 2025

Next Earnings Date

Jun 09, 2026

Earnings per share (EPS)0.28
Gross Margin51.43%
Net Profit Margin3.26%
Debt/Equity Ratio7.7%

How did OXIG perform over the long term?

See historical performance and comparison

Dividends

0.7%
Current Dividend Yield
83%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/25 06:34
End of Day Share Price 2026/05/22 00:00
Earnings2025/09/30
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Oxford Instruments plc is covered by 22 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Richard PaigeBarclays
James BaylissBerenberg
Calum BattersbyBerenberg