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← CockpitCompetitor Analysis › JDG.L Judges Scientific plcOpen in the cockpit ↗

Judges Scientific plcJDG.LCompetitor analysis, valuation and peers

United Kingdom · GBP·Information Technology›Electronic Equipment/Instruments
Momentum laggard 6
Mkt cap
$305M
US dollars, full cap
Free float
90%
of shares outstanding
$/day
$1.63M
20-day average traded
Fwd P/E
17.1×
forward earnings
ROIC−WACC
-6.5 pp
WACC 8.7%
Hurdle
+18 pp
Req g minus delivered
Next earnings
138 days
24 Mar 2027
Close · GBP£3,410
1D+0.9%
1W+0.3%
1M-4.8%
3M-18.8%
6M-32.9%
YTD-40.2%
1Y-35.9%
ATR %3.1%
52w lowhigh43.2% off high

What Judges Scientific does

Employees: 791

Judges Scientific at a glance

Size Judges Scientific (JDG.L) is a United Kingdom Information Technology company (Electronic Equipment/Instruments) with a market value of $305M, the 361st largest of 363 United Kingdom companies the cockpit tracks. Shares closed at £3,410 on 6 Nov 2026.

Performance Over six months the shares fell 32.9%, against -26.3% for the median peer and +3.6% for the United Kingdom market (cap-weighted) — 6th lowest of 21 in its peer set.

Growth Revenue fell 8.2% over the last twelve months (peer median -1.6%); the operating margin is 3.0% (peer median 3.2%).

Valuation It trades at 17.1× forward earnings against a peer median of 17.6× (5th cheapest of 11).

Price implies For today's price to make sense, revenue must grow about 31% a year for seven years (Req g). Recent delivered growth is +13%, so the hurdle is +18 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.

Capital Return on invested capital runs 6.5 points below its cost of capital (8.7% WACC).

Next results Next results expected around 24 Mar 2027 (exchange calendar; dates can move).

Relative performance

8010011 May 202611 Aug 20266 Nov 2026Peer median 73JDG.L 66
Six months, rebased to 100: Judges Scientific against the median of its 20 peers (local-currency closes).

Judges Scientific financials

Reported figures in GBP; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue£131M£146M£134M£136M£113M
Revenue growth—+9%-2%+20%—
Gross profit£3.90M£12.8M£17.4M£21.8M£21.1M
EBITDA£23.0M£32.1M£31.2M£37.2M£32.2M
Net income-£600,000£5.50M£10.4M£9.50M£12.5M
Free cash flow£13.1M£21.0M£20.3M£19.1M£13.9M
Capital expenditure£7.00M£7.20M£6.40M£5.90M£7.90M
Total debtn/a£65.2M£75.3M£65.3M£59.9M

Quarterly statements and history in the cockpit →

Judges Scientific competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-40%-20%0%+20%-40%-30%-20%-10%00285761923013533455232368814830016530081306429067423001123002752235688367GENO6005607715688056253590300025JDG.L6-month return →1-month return →
Up and to the right = strong over both horizons. Judges Scientific is the large dot.

Fundamentals: revenue growth against valuation

-50%0%+50%+100%0×50×100×002857619206429067423002752235GENO688056253590JDG.LRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Judges Scientific is the large dot.

Capital: growth delivered against growth the price implies

-20%0%+20%+40%+60%-25%0%25%50%6192232330016567423002752235688367GENO7715688056300025JDG.LGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Judges Scientific is the large dot.

Judges Scientific competitors and peer comparison

How Judges Scientific compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Judges Scientific against its 20 peers (data as of 6 Nov 2026)
MeasureJDG.LPeer medianRank in peer set
1-month return-4.8%-17.0%2nd highest of 21
6-month return-32.9%-26.3%6th lowest of 21
Distance from 52-week high-43.2%-44.5%10th highest of 21
Revenue growth (TTM)-8.2%-1.6%9th lowest of 21
Operating margin3.0%3.2%11th highest of 21
Forward P/E17.1×17.6×5th cheapest of 11
Growth the price implies (Req g, 7 yrs)31.1%7.8%5th most demanding of 12
Growth delivered (Del g)+12.8%+4.4%3rd highest of 12
Hurdle (Req g minus delivered)+18.3 pp+15.8 pp6th most demanding of 12
ROIC minus cost of capital-6.5 pp-5.3 pp8th lowest of 21
EV / EBITDA12.0×12.8×4th cheapest of 10
Net debt / EBITDA2.1×-1.9×3rd most indebted of 12

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Judges Scientific JDG.LUnited Kingdom$305M-33%-8%3%17.1×31.1%+12.8%
Sms Electric 002857.SZChina$303M-31%-48%-20%31.5×n/an/a
Lumax International 6192.TWTaiwan$311M-12%-4%16%9.1×-20.6%+4.4%
Zhejiang Prulde Electric Appliance 301353.SZChina$312M-26%+20%7%n/an/an/a
UTECHZONE 3455.TWOTaiwan$297M-43%-23%2%n/an/an/a
Cmc Magnetics 2323.TWTaiwan$287M-6%+7%2%n/a13.4%-5.2%
Guangdong Fangyuan New Materials 688148.SSChina$328M-59%+27%0%n/an/an/a
Jiangsu Skyray Instrument 300165.SZChina$340M-38%-8%-16%n/a7.8%-8.0%
ZheJiang Tailin Bioengineering 300813.SZChina$340M-27%+6%2%n/an/an/a
INTEKPLUS 064290.KSSouth Korea$347M+18%-12%-11%112.1×n/an/a
Kyosan Electric Manufacturing 6742.TJapan$350M+26%+9%7%8.3×2.0%+8.4%
Shenzhen Maxonic Automation Control 300112.SZChina$350M-13%-6%-2%n/an/an/a
Chongqing MAS Science & Technology 300275.SZChina$351M-28%-13%6%17.1×35.3%+9.0%
MicroTech Medical (Hangzhou) 2235.HKHong Kong$354M-15%+95%8%26.7×3.5%+53.2%
Hefei Gocom Information Technology 688367.SSChina$357M-33%-10%-1%n/a55.8%-1.3%
General Oceans GENO.OLNorway$359M-32%+34%13%18.1×-1.9%+34.3%
Beijing AriTime Intelligent Control 600560.SSChina$359M-26%+33%4%n/an/an/a
Nagano Keiki 7715.TJapan$364M+1%+2%11%8.1×-0.4%+8.6%
Beijing Labtech Instruments 688056.SSChina$368M-1%0%5%66.2×34.7%+2.8%
NEOSEM 253590.KSSouth Korea$369M-37%-31%5%13.0×n/an/a
Hangzhou Huaxing Chuangye Communication Technology 300025.SZChina$373M-15%-16%-24%n/a36.0%-6.5%

Questions

Which companies are Judges Scientific's closest peers?
The cockpit's peer set: Sms Electric (002857.SZ), Lumax International (6192.TW), Zhejiang Prulde Electric Appliance (301353.SZ), UTECHZONE (3455.TWO), Cmc Magnetics (2323.TW), Guangdong Fangyuan New Materials (688148.SS), Jiangsu Skyray Instrument (300165.SZ), ZheJiang Tailin Bioengineering (300813.SZ).
Is Judges Scientific expensive compared with its peers?
On forward p/e it trades at 17.1× against a peer median of 17.6×, 5th cheapest of 11 in its peer set. For today's price to make sense, revenue must grow about 31% a year for seven years (Req g). Recent delivered growth is +13%, so the hurdle is +18 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
How has Judges Scientific stock performed?
Over six months to 6 Nov 2026 the shares returned -32.9% against -26.3% for the median peer; over one year -35.9%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.