Jenoptik (JEN) AI Stock Analysis

• Market Cap: €1.22B
• Dividend Yield: 1.97%
• Average Volume (3M): 210.74K
• Price to Earnings (P/E): 16.9
• Beta (1Y): 1.64
• Revenue Growth: -5.27%
• EPS Growth: -13.70%
• Country: DE
• Employees: 4,071
• Sector: Technology
• Sector Strength: 88
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 0.37
• Shares Outstanding: 57,238,117
• 10 Day Avg. Volume: 223,199
• 30 Day Avg. Volume: 210,743
• PEG Ratio: 0.50
• Price to Book (P/B): 1.34
• Price to Sales (P/S): 1.15
• P/FCF Ratio: 17.57
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €26.08
• Price Target Upside: 21.98% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 6
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 70 Outperform
• Price Target: €21.00 ▼(-1.78% Downside)

Jenoptik's overall stock score reflects its solid financial performance, characterized by strong cash flow and a balanced capital structure. The technical analysis indicates a neutral to slightly bearish trend, while the valuation suggests the stock is fairly priced. The absence of recent earnings call data and corporate events means these factors do not influence the score.

Positive Factors

Cash Generation

Strong cash generation supports future investments and debt reduction, enhancing financial stability and growth potential.

Balanced Capital Structure

A balanced capital structure with reduced leverage improves financial flexibility and reduces risk, supporting long-term stability.

Healthy Profit Margins

Consistent cost management maintains healthy profit margins, indicating operational efficiency and resilience in market conditions.

Negative Factors

Inconsistent Revenue Growth

Inconsistent revenue growth can hinder long-term planning and investment, impacting the company's ability to scale and compete.

Declining Profitability

A decline in profitability suggests pressure on margins, which could affect the company's ability to reinvest and grow.

Decreased Return on Equity

A decrease in ROE indicates reduced efficiency in generating profits from shareholders' equity, potentially impacting investor returns.

Jenoptik Business Overview & Revenue Model

Company Description

Jenoptik AG engages in the optics and photonics business in Germany and internationally. The company operates through Light & Optics, Light & Production, and Light & Safety divisions. It offers imaging solutions and cameras, including microscope and thermographic camera, imaging modules, polymer-based camera modules, and digital microscope subsystem; laser and laser technology, such as laser ablation, scoring, cutting, welding, and distance meters and sensors, as well as laser OEM solutions comprising diode laser and disk laser technology, diode pumped disk lasers, laser systems, and LK heat sink; and optical modules and components for light detection and ranging sensors. The company also provides optics and optical systems, including objective lenses for laser material processing, system partner for optics, customized and standardized objective lenses, optical measuring systems, and precision optical components; optical shaft measuring systems, optical 3D measurement technology, optical in-line inspection, vision-systems, and ultra-fast opto-electronic probe card; and optoelectronics and optoelectronic systems comprising system partner for optoelectronic systems, customized-specific optoelectronic systems, optoelectronics assemblies and subsystems, light modulation, and photodiodes and LEDs. In addition, it offers road safety solutions, such as speed enforcement, average speed cameras, red light cameras, evaluation software, and traffic services; and civil security solutions, including automatic number plate recognition and data analysis software, border security, combating organized crime, protecting public places, and monitoring suspect vehicles. The company serves automotive, defense and security, electronics and information technology, healthcare and life science, industry and mechanical engineering, semiconductor equipment, and public safety sectors. Jenoptik AG was founded in 1846 and is headquartered in Jena, Germany.

How the Company Makes Money

Jenoptik generates revenue through multiple key streams, primarily from the sale of high-tech optical systems, laser technology, and industrial measurement solutions. The company benefits from long-term contracts with clients in sectors like automotive and aerospace, enabling stable revenue from ongoing projects. Additionally, Jenoptik has established significant partnerships with global players in the semiconductor and automotive industries, which enhance its market presence and provide recurring revenue opportunities through maintenance and service contracts. The company's focus on innovation and development of advanced technologies also positions it to capitalize on emerging market trends, further contributing to its earnings.

Jenoptik Financial Statement Overview

Summary

Jenoptik demonstrates a stable financial position with strong profitability margins and a solid equity base. However, challenges with declining revenue and free cash flow growth need addressing to enhance financial performance.

Income Statement

Jenoptik's income statement reflects a stable performance with a slight decline in revenue growth at -2.71% TTM. The company maintains healthy margins with a gross profit margin of 33.03% and a net profit margin of 7.85% TTM. EBIT and EBITDA margins are also strong at 12.41% and 19.28% respectively, indicating efficient operations. However, the negative revenue growth rate is a concern that needs addressing.

Balance Sheet

The balance sheet shows a moderate debt-to-equity ratio of 0.50, suggesting manageable leverage. Return on equity is reasonable at 9.38%, reflecting decent profitability. The equity ratio stands at 57.82%, indicating a solid equity base. While the company has reduced its debt levels over time, maintaining this trajectory is crucial for financial stability.

Cash Flow

Cash flow analysis reveals a decline in free cash flow growth at -11.97% TTM, which is concerning. However, the operating cash flow to net income ratio is healthy at 0.64, and the free cash flow to net income ratio is 0.43, indicating adequate cash generation relative to earnings. Improving free cash flow growth should be a priority to enhance financial flexibility.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.05B	1.12B	1.07B	980.68M	750.72M	615.47M
Gross Profit	336.72M	373.15M	370.52M	310.72M	256.90M	262.19M
EBITDA	198.26M	220.69M	198.69M	173.60M	162.69M	99.06M
Net Income	72.61M	92.65M	72.47M	55.10M	82.00M	41.77M
Balance Sheet
Total Assets	1.66B	1.74B	1.67B	1.67B	1.76B	1.34B
Cash, Cash Equivalents and Short-Term Investments	59.11M	86.74M	67.69M	59.09M	57.14M	69.31M
Total Debt	419.61M	481.12M	490.76M	536.78M	597.74M	269.28M
Total Liabilities	679.42M	772.81M	763.60M	828.46M	976.38M	649.45M
Stockholders Equity	974.94M	960.34M	896.59M	831.95M	767.81M	677.77M
Cash Flow
Free Cash Flow	91.13M	73.12M	77.93M	63.46M	51.87M	46.04M
Operating Cash Flow	171.66M	167.12M	166.99M	142.71M	98.03M	89.75M
Investing Cash Flow	-78.99M	-88.03M	-48.48M	-13.41M	-413.62M	-188.44M
Financing Cash Flow	-95.22M	-62.38M	-104.94M	-127.33M	304.20M	63.72M

Jenoptik Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 21.38
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:JEN, the sentiment is Positive. The current price of 21.38 is above the 20-day moving average (MA) of 19.77, above the 50-day MA of 19.47, and above the 200-day MA of 18.60, indicating a bullish trend. The MACD of 0.53 indicates Negative momentum. The RSI at 67.76 is Neutral, neither overbought nor oversold. The STOCH value of 86.57 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for DE:JEN.

Jenoptik Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
JEN	70 Outperform	€1.22B	16.85	7.17%	1.97%	-5.27%	-13.70%
P4O	64 Neutral	€23.49M	51.43	3.65%	―	-5.92%	-63.83%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
M7U	57 Neutral	€68.64M	-10.32	-2.71%	―	-14.11%	-170.11%
DAM	55 Neutral	€102.26M	-17.25	-4.04%	0.41%	-12.13%	-178.13%
V6C	41 Neutral	€38.43M	-5.72	-12.99%	―	-23.69%	-123.57%