Jenoptik (JEN) AI Stock Analysis

• Market Cap: €1.09B
• Dividend Yield: 1.82%
• Average Volume (3M): 214.66K
• Price to Earnings (P/E): 12.6
• Beta (1Y): 1.63
• Revenue Growth: 1.39%
• EPS Growth: 13.98%
• Country: DE
• Employees: 4,071
• Sector: Industrials
• Sector Strength: 92
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 0.16
• Shares Outstanding: 57,238,117
• 10 Day Avg. Volume: 237,730
• 30 Day Avg. Volume: 214,657
• PEG Ratio: 2.77
• Price to Book (P/B): 1.44
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 14.18
• 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: €27.86
• Price Target Upside: 45.79% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 8

• Rating: 76 Outperform
• Price Target: €21.50 ▲( 12.51% Upside)

Jenoptik's strong financial performance and reasonable valuation are the primary drivers of its solid overall score. The technical analysis reflects mixed signals, contributing less positively to the score. The absence of notable earnings call insights and corporate events suggests a stable outlook without immediate catalysts.

Positive Factors

Future expectations

Jenoptik confirms its guidance and expects an upturn in the second half of the year.

Technology products

A favorable view is maintained on Jenoptik's technology-intensive products.

Negative Factors

Financial performance

Jenoptik published weak Q1 figures, with Q1 sales coming in at only €342.6m, a 4.9% decrease year over year.

Lithography business performance

Weak performance in the lithography business has led to reduced EBITDA estimates.

Semiconductor recovery risks

Increased risk is associated with the timing and strength of the semiconductor recovery.

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 the sale of its photonics-based products and services across multiple industries. Its key revenue streams include the sale of optical systems and components to the semiconductor and electronics markets, providing metrology and laser processing solutions to the automotive and manufacturing sectors, and offering traffic safety products and services. The company also benefits from long-term contracts and partnerships with governments and industrial clients, particularly in the defense and security sectors. Jenoptik's earnings are further supported by continuous innovation and expansion into emerging markets, ensuring a diversified and sustainable revenue base.

Jenoptik Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
1.11B	1.07B	980.68M	750.72M	767.20M	855.24M
	Gross Profit
380.38M	370.52M	345.70M	256.90M	262.19M	291.80M
	EBIT
154.09M	111.51M	122.66M	82.86M	72.42M	91.86M
	EBITDA
221.22M	198.69M	173.60M	155.54M	92.21M	132.99M
	Net Income Common Stockholders
84.14M	72.47M	55.10M	82.00M	41.77M	67.65M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
151.95M	67.69M	59.09M	57.14M	69.31M	169.89M
	Total Assets
985.91M	1.67B	1.67B	1.76B	1.34B	1.08B
	Total Debt
121.53M	490.76M	536.78M	597.74M	269.28M	159.56M
	Net Debt
32.27M	423.07M	480.02M	542.92M	205.88M	60.53M
	Total Liabilities
387.96M	763.60M	828.46M	976.38M	649.45M	427.89M
	Stockholders Equity
597.28M	896.59M	831.95M	767.81M	677.77M	654.79M
Cash Flow		Free Cash Flow
95.43M	77.93M	63.46M	51.87M	46.04M	63.95M
	Operating Cash Flow
186.56M	166.99M	142.71M	98.03M	89.75M	108.89M
	Investing Cash Flow
-72.75M	-48.48M	-13.41M	-413.62M	-188.44M	-54.38M
	Financing Cash Flow
-90.78M	-104.94M	-127.33M	304.20M	63.72M	-46.13M

Jenoptik Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 19.11
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:JEN, the sentiment is Negative. The current price of 19.11 is above the 20-day moving average (MA) of 18.52, below the 50-day MA of 19.14, and below the 200-day MA of 22.66, indicating a neutral trend. The MACD of 0.25 indicates Negative momentum. The RSI at 55.37 is Neutral, neither overbought nor oversold. The STOCH value of 62.52 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DE:JEN.

Jenoptik Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
JEN	76 Outperform	€1.09B	12.63	9.13%	1.82%	1.39%	13.98%
Sector *	64 Neutral	$4.39B	11.81	5.20%	249.38%	3.96%	-12.36%
0E4K		€983.13M	27.59	1.96%	2.36%	―	―
0QFU		€5.40B	26.53	3.39%	1.70%	―	―
0MPL		€421.81M	6.82	-16.90%	―	―	―
0N2Z		€1.39B	20.91	11.64%	1.46%	―	―
CTTAF		$17.36B	12.68	10.07%	3.09%	―	―