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Oxford Instruments PLC (GB:OXIG)
LSE:OXIG

Oxford Instruments (OXIG) AI Stock Analysis

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GBOxford Instruments
(LSE:OXIG)
65Neutral
Oxford Instruments maintains strong financial health with consistent revenue growth and robust profitability. However, bearish technical indicators suggest caution in the short term. The stock is reasonably valued with a moderate P/E ratio and modest dividend yield. Recent corporate events imply positive future prospects, but their impact is not included in the overall score.
Positive Factors
Order Performance
Order intake is up 3% on a year-over-year basis, indicating offsetting areas of growth.
Profitability
Advanced Technologies is expected to return to profitability, with the CFO stating that absent of the stock provision, the division would have been break even.
Negative Factors
Margins
Margins are expected to be weaker on a reported basis.

Oxford Instruments (OXIG) vs. S&P 500 (SPY)

Oxford Instruments Business Overview & Revenue Model

Company DescriptionOxford Instruments (OXIG) is a leading provider of high-technology tools and systems for industry and research. Operating primarily within sectors such as nanotechnology, industrial and commercial applications, and scientific research, the company specializes in developing advanced instrumentation and equipment. Their core products and services include analytical instruments, X-ray technology, imaging tools, and scientific instrumentation used for material characterization and precision measurement.
How the Company Makes MoneyOxford Instruments generates revenue through the sale of its high-tech equipment and instrumentation to a diverse customer base that includes academic institutions, research facilities, and industrial companies. Key revenue streams include the sales of capital equipment, ongoing service contracts, and software solutions that complement their hardware offerings. The company also benefits from strategic partnerships and collaborations with leading research organizations and industrial partners, which enhance its market position and drive sales across its product portfolio.

Oxford Instruments Financial Statement Overview

Summary
Oxford Instruments demonstrates a strong financial position with consistent revenue growth and solid profitability margins. The balance sheet is robust with low leverage, but there are challenges in free cash flow generation, which slightly moderates the overall financial performance score.
Income Statement
85
Very Positive
Oxford Instruments shows a strong financial performance with a consistent upward trend in revenue, as evidenced by a Revenue Growth Rate of 5.77% from 2023 to 2024. The Gross Profit Margin is robust at 51.53%, and the company maintains a healthy Net Profit Margin of 10.78%. The EBIT Margin of 14.52% and EBITDA Margin of 19.79% indicate efficient operations and good profitability potential.
Balance Sheet
80
Positive
The company has a solid balance sheet with a Debt-to-Equity Ratio of 0.13, indicating low leverage, which reduces financial risk. The Return on Equity is impressive at 13.86%, showcasing effective management in generating profits from equity. The Equity Ratio of 60.30% suggests a strong equity base relative to assets, providing stability.
Cash Flow
75
Positive
Oxford Instruments displays moderate cash flow management with some areas for improvement. The Free Cash Flow Growth Rate declined by 57.65% from 2023 to 2024, highlighting potential issues in cash generation. However, the Operating Cash Flow to Net Income Ratio of 0.84 and Free Cash Flow to Net Income Ratio of 0.29 suggest reasonable cash conversion efficiency.
Breakdown
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020
Income StatementTotal Revenue
470.40M444.70M367.30M318.50M317.40M
Gross Profit
242.40M219.50M176.40M153.90M146.70M
EBIT
68.30M66.70M50.80M47.40M40.70M
EBITDA
93.10M94.80M67.40M71.60M58.00M
Net Income Common Stockholders
50.70M58.60M38.60M41.80M33.80M
Balance SheetCash, Cash Equivalents and Short-Term Investments
97.80M112.70M96.40M128.00M119.50M
Total Assets
606.30M572.00M514.00M450.70M464.00M
Total Debt
47.40M43.90M28.90M37.90M60.60M
Net Debt
-50.40M-68.80M-67.50M-90.10M-58.90M
Total Liabilities
240.60M228.00M197.60M184.50M212.40M
Stockholders Equity
365.70M344.00M316.40M266.20M251.60M
Cash FlowFree Cash Flow
14.70M34.70M34.50M36.70M48.00M
Operating Cash Flow
42.40M67.60M49.20M41.80M55.20M
Investing Cash Flow
-37.50M-37.50M-45.70M-4.90M14.70M
Financing Cash Flow
-18.00M-16.60M-15.70M-30.50M-11.40M

Oxford Instruments Technical Analysis

Technical Analysis Sentiment
Negative
Last Price1838.00
Price Trends
50DMA
2019.94
Negative
100DMA
2057.43
Negative
200DMA
2186.92
Negative
Market Momentum
MACD
-41.92
Positive
RSI
30.77
Neutral
STOCH
20.70
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:OXIG, the sentiment is Negative. The current price of 1838 is below the 20-day moving average (MA) of 1953.45, below the 50-day MA of 2019.94, and below the 200-day MA of 2186.92, indicating a bearish trend. The MACD of -41.92 indicates Positive momentum. The RSI at 30.77 is Neutral, neither overbought nor oversold. The STOCH value of 20.70 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:OXIG.

Oxford Instruments Peers Comparison

Overall Rating
UnderperformOutperform
Sector (59)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
70
Neutral
£2.42B5.0221.80%5.27%-15.51%200.70%
66
Neutral
£5.61B44.3814.50%1.38%13.59%6.14%
65
Neutral
$1.07B21.0614.23%1.07%7.18%-13.14%
59
Neutral
$22.39B11.53-18.05%2.31%5.00%-25.89%
56
Neutral
£134.97M205.36-5.28%5.77%6.63%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:OXIG
Oxford Instruments
1,838.00
-312.74
-14.54%
GB:DPLM
Diploma
4,182.00
779.61
22.91%
GB:JMAT
Johnson Matthey
1,448.00
-176.99
-10.89%
GB:RCDO
Ricardo
217.00
-206.59
-48.77%

Oxford Instruments Corporate Events

Business Operations and Strategy
BlackRock Adjusts Stake in Oxford Instruments
Neutral
Mar 6, 2025

BlackRock, Inc., a major shareholder in Oxford Instruments PLC, has adjusted its holdings, reducing its total voting rights from 10.94% to 9.97%. This change in holdings, effective as of March 4, 2025, reflects a strategic shift in BlackRock’s investment approach, potentially impacting Oxford Instruments’ shareholder dynamics and market perception.

Business Operations and Strategy
Artemis Increases Stake in Oxford Instruments
Neutral
Mar 5, 2025

Artemis Investment Management LLP has increased its voting rights in Oxford Instruments PLC to 11.041235%, up from a previous position of 10.010264%. This change in holdings reflects a strategic move by Artemis, potentially impacting the company’s shareholder dynamics and influencing its future governance and decision-making processes.

Executive/Board ChangesRegulatory Filings and Compliance
Oxford Instruments Executives Acquire Shares Under Incentive Plan
Neutral
Mar 5, 2025

Oxford Instruments plc announced the acquisition of partnership and matching shares by its CEO Richard Tyson and CFO Gavin Hill under the company’s Share Incentive Plan. This transaction, conducted on the London Stock Exchange, aligns with the company’s regulatory compliance under the EU Market Abuse Regulation, potentially impacting the company’s governance and stakeholder confidence.

Regulatory Filings and Compliance
Oxford Instruments Updates Shareholders on Voting Rights and Capital
Neutral
Mar 3, 2025

Oxford Instruments announced that as of 28 February 2025, its issued share capital with voting rights consists of 58,093,163 ordinary shares. This figure is crucial for shareholders to determine their notification requirements under the FCA’s Disclosure Guidance and Transparency Rules, impacting how they manage their interests in the company.

Executive/Board Changes
Oxford Instruments Strengthens Board with New Independent Director
Positive
Feb 17, 2025

Oxford Instruments plc announced the appointment of Rowena Innocent as an Independent Non-Executive Director. Joining the board from February 17, 2025, Innocent will also become a member of several key committees. With over 30 years of experience in high-tech product design and manufacturing, her expertise is expected to significantly enhance the company’s engineering, research, and development pursuits, contributing to its core business objectives.

Regulatory Filings and Compliance
Oxford Instruments’ Executives Acquire Shares in Incentive Plan
Positive
Feb 10, 2025

Oxford Instruments plc announced a transaction involving its Chief Executive Officer Richard Tyson and Chief Financial Officer Gavin Hill, who both acquired Partnership Shares and Matching Shares in the company’s Share Incentive Plan. The transaction, conducted on 10 February 2025 at the London Stock Exchange, reflects the management’s confidence in the company, potentially influencing stakeholder perception positively. The company made this announcement in compliance with the EU Market Abuse Regulation, underscoring its commitment to transparency and regulatory adherence.

Oxford Instruments Executives Acquire Shares, Aligning with Shareholder Interests
Jan 13, 2025

Oxford Instruments plc has announced the acquisition of shares by its Chief Executive Officer, Richard Tyson, and Chief Financial Officer, Gavin Hill, as part of the company’s Share Incentive Plan. These transactions, conducted on the London Stock Exchange, signify a strategic move under the EU Market Abuse Regulation, reflecting confidence in the company’s growth and aligning the interests of its top executives with shareholder value.

Oxford Instruments Appoints New CFO as Part of Leadership Transition
Jan 9, 2025

Oxford Instruments announced a leadership change with the appointment of Paul Fry as the new Chief Financial Officer, succeeding Gavin Hill who will step down at the end of March 2025. Paul Fry brings extensive experience from senior roles in international healthcare and technology companies, which aligns with Oxford Instruments’ growth strategy and commitment to business transformation and innovation.

Oxford Instruments Director Transition Announcement
Jan 7, 2025

Oxford Instruments plc announces that Hannah Nichols, their Non-Executive Director and Chair of the Audit and Risk Committee, will transition to Coats Group plc as Group Chief Financial Officer designate and Executive Director on April 24, 2025, taking full CFO responsibilities after Coats Group’s AGM on May 21, 2025. Nichols will be leaving her current position as Group Chief Financial Officer and Executive Director at Hill & Smith PLC by the end of March 2025. This change is part of the company’s compliance with listing regulations, and it may influence Oxford Instruments’ governance and strategic planning.

Oxford Instruments Announces Voting Rights Update
Jan 2, 2025

Oxford Instruments plc announced that as of 31 December 2024, its issued share capital with voting rights comprised 58,047,197 ordinary shares. This information is crucial for shareholders to determine their interests in compliance with the FCA’s Disclosure Guidance and Transparency Rules, thereby impacting how they report their shareholdings.

Artemis Investment Boosts Stake in Oxford Instruments, Exceeding 10% Voting Rights
Dec 13, 2024

Oxford Instruments PLC announced a significant change in its shareholder structure, as Artemis Investment Management LLP increased its voting rights in the company to over 10%. This acquisition represents a strategic positioning move, potentially influencing the governance and future strategic decisions of Oxford Instruments, with implications for its stakeholders and market performance.

Oxford Instruments Announces Executive Share Transactions
Dec 12, 2024

Oxford Instruments PLC has announced share transactions conducted by its CEO, Richard Tyson, and CFO, Gavin Hill, as part of the company’s Share Incentive Plan. These transactions involve the acquisition of Partnership and Matching Shares on the London Stock Exchange, with details disclosed in compliance with EU Market Abuse Regulation. These actions reflect internal adjustments and compliance measures, potentially reinforcing investor confidence through transparent executive activities.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.