The shares now trade on 24.3x FY2022E earnings, versus a peer group trading on a blended 24.9x. Judges' shares more than regained their composure in early 2022, before events in Ukraine and continued Covid concerns (notably China) weighed on sentiment. As a result, some treading of water is likely in our view. But given the strength of the business (we believe earnings risk is towards the upside) and balance sheet, the quality of earnings and the company's continued ability to execute deals on s ....
27 Jun 2022
Judges Scientific (JDG) – Acquisition of minority shareholding in Bordeaux
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Judges Scientific (JDG) – Acquisition of minority shareholding in Bordeaux
Judges Scientific plc (JDG:LON) | 10,825 -16237.5 (-1.4%) | Mkt Cap: 716.5m
- Published:
27 Jun 2022 -
Author:
Matthew Davis -
Pages:
5
The shares now trade on 24.3x FY2022E earnings, versus a peer group trading on a blended 24.9x. Judges' shares more than regained their composure in early 2022, before events in Ukraine and continued Covid concerns (notably China) weighed on sentiment. As a result, some treading of water is likely in our view. But given the strength of the business (we believe earnings risk is towards the upside) and balance sheet, the quality of earnings and the company's continued ability to execute deals on s ....