ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Judges Scientific's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2025 was 2.17%.
As of today (2026-06-25), Judges Scientific's WACC % is 5.61%. Judges Scientific's ROIC % is 5.34% (calculated using TTM income statement data).
Judges Scientific earns returns that do not match up to its cost of capital. It will destroy value as it grows.
ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.
There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.
Why is ROIC % important?
Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.
As of today, Judges Scientific's WACC % is 5.61%. Judges Scientific's ROIC % is 5.34% (calculated using TTM income statement data).
Judges Scientific earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Be Aware
Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Judges Scientific ROIC % Related Terms
Judges Scientific ROIC % Historical Data
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The historical data trend for Judges Scientific's ROIC % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Scientific & Technical Instruments subindustry, Judges Scientific's ROIC %, along with its competitors' market caps and ROIC % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Judges Scientific ROIC % vs Hardware Industry
For the Hardware industry and Technology sector, Judges Scientific's ROIC % distribution charts can be found below:
* The bar in red indicates where Judges Scientific's ROIC % falls into.
Note:
The Operating Income data used here is two times the semi-annual (Dec. 2025) data.
The tax rate is limited to between 0% and 100%.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Judges Scientific (JSCIF) has a ROIC % of 2.17% as of Dec. 2025. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Judges Scientific and its competitors.
Is Judges Scientific's ROIC % too high?
Judges Scientific's current ROIC % is 2.17%. The Hardware industry median ROIC % is 4.12. Judges Scientific's value of 2.17% is 47.3% below this industry median. Overall, Judges Scientific has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Judges Scientific's ROIC % compare to COHR and KEYS?
Judges Scientific's ROIC % of 2.17% can be compared against companies in the Hardware industry. The industry median ROIC % is 4.12. Judges Scientific's value of 2.17% is 47.3% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROIC % for a Hardware company?
The median ROIC % among Hardware companies is 4.12, based on 2,443 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Judges Scientific's current ROIC % of 2.17% is 47.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Judges Scientific and its competitors. For the Hardware industry, the median ROIC % is 4.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Judges Scientific's current ROIC % is 2.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Judges Scientific stock overvalued right now?
Based on GuruFocus' analysis, Judges Scientific (JSCIF) is currently considered Significantly Undervalued. The stock's GF Value™ is $124.11, compared to a current price of $62.50 — trading 49.6% below its estimated fair value. The current ROIC % is 2.17% and 47.3% below the Hardware industry median of 4.12. Judges Scientific's overall GF Score™ is 77/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For Judges Scientific (JSCIF), the current ROIC % is 2.17% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Judges Scientific (JSCIF) Overvalued in 2026?
Based on GuruFocus' analysis, Judges Scientific stock appears to be undervalued.
The current stock price of $62.50 is trading 49.6% below its estimated GF Value™ of $124.11.
GuruFocus considers Judges Scientific to be Significantly Undervalued.
Key valuation signals for JSCIF:
ROIC %: 2.17%
GF Value™: $124.11 vs. price of $62.50 (49.6% below fair value)
Industry Position: 47.3% below the Hardware median
No single metric tells the full story. See the JSCIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Judges Scientific PLC is engaged in the designing, manufacturing, and sale of scientific instruments. The company operates in two main segments namely Materials Sciences and Vacuum. The firm specializes in the acquisition and development of a portfolio of scientific instrument businesses. The company has operational footprints across the United Kingdom, the Rest of Europe, North America, and the Rest of the world.
77GF Score
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