Stephen Simpson, CFA
Long only, growth at reasonable price, value, research analyst

Excellence At Spectris Has Not Gone Unrewarded

The last year has not been all that great for the shares of European specialty instrumentation and controls company Spectris (OTCPK:SEPJY) (SXS.L), though the stock has done pretty well compared to peer group members like Mettler-Toledo (NYSE:MTD), Danaher (NYSE:DHR), and MTS Systems (NASDAQ:MTSC) over the past two and five years. As a leader in a collection of niche specialty instrumentation markets, Spectris has not only established strong margins and returns on capital, but is also uncommonly diversified across industries and geographies.

As a play on automation, Spectris should have a pretty good long-term outlook. Spectris is still small enough to benefit from bolt-on acquisitions, but large enough to compete globally without sacrificing...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
  • Access Top Ideas, chosen by Seeking Alpha’s editors
  • Filter long and short ideas by market cap and sector
  • Get Coverage of over 5,000 stocks, many of which have little or no coverage elsewhere
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO." Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else." Patrick Rice, Mainstay Capital Management
100% Satisfaction Guaranteed
Money back guarantee. Seeking Alpha PRO members receive a no-questions-asked refund for membership on months paid and not used. Details