The Digital Imaging segment incorporates Synoptics brands, Atik Cameras, and Graticules Optics, while the Sensors & Control segment combines Sentek, Astles Control Systems, Applied Thermal Control, Thermal Exchange, MPB Industries and Chell Instruments. The company has made solid progress in 2025 with new products generating revenues, alongside earnings-enhancing acquisitions including Severn Thermal Solutions in the first half. SDI is pursuing a strategic acquisition strategy to consolidate specialized scientific instrument manufacturers and drive operational synergies.
Cyborg Score Rationale
SDI's PEG ratio is 0.84, indicating very good value when taking growth into account. The company trades at a P/E of 11.5 with forecast EPS growth and recent acquisitions are immediately earnings-enhancing with a 6% uplift to adjusted EBIT. The company demonstrates solid operational momentum with robust order books and strategic M&A execution, though as a small-cap it faces liquidity constraints.
Top Insights
Three acquisitions completed within nine months: Collins Walker (April 2024), Inspecvision (October 2024), and Severn Thermal Solutions
Recent PRP Optoelectronics acquisition operates in strong growth sectors including aviation and defence with blue chip customers
Company maintains robust order book with strong momentum continuing into FY26 amid global economic uncertainty and niche product demand
America represents only 13% of revenues versus 33% for peer JDG; SDI trades at 12.2x P/E versus JDG at 23.2x
Named Competitors
Thermal Chamber Systems — Environmental and high-temperature chamber systems
Scientific Imaging Systems — Life science and industrial imaging solutions
Flow Measurement Instruments — Gas flow and pressure measurement systems
Recent Developments
(February 2026) PRP Optoelectronics acquisition announced with aviation/defence customer focus