Jenoptik (JEN) AI Stock Analysis

• Market Cap: €1.09B
• Dividend Yield: 2.09%
• Average Volume (3M): 210.74K
• Price to Earnings (P/E): 14.1
• Beta (1Y): 1.66
• Revenue Growth: -2.59%
• EPS Growth: -3.21%
• Country: DE
• Employees: 4,071
• Sector: Technology
• Sector Strength: 88
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 0.26
• 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: €26.00
• Price Target Upside: 42.70% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 8
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 75 Outperform
• Price Target: €23.50 ▲(28.98% Upside)

Jenoptik's overall stock score is driven by strong technical momentum and a reasonable valuation. While financial performance is stable, addressing revenue and cash flow growth challenges will be crucial for future improvements.

Positive Factors

Strong Profitability Margins

Strong profitability margins indicate efficient operations and pricing power, supporting long-term financial health and competitive positioning.

Solid Equity Base

A solid equity base provides financial stability and resilience, enabling the company to withstand economic fluctuations and invest in growth opportunities.

Manageable Leverage

Manageable leverage ensures financial flexibility and reduces risk, allowing the company to pursue strategic initiatives without excessive debt burden.

Negative Factors

Declining Revenue Growth

Declining revenue growth can hinder the company's ability to expand and compete, necessitating strategic adjustments to revitalize sales and market presence.

Decreasing Free Cash Flow

Decreasing free cash flow limits financial flexibility and investment capacity, potentially impacting the company's ability to fund growth and innovation.

Negative EPS Growth

Negative EPS growth reflects challenges in profitability and efficiency, which could affect investor confidence and the company's ability to generate shareholder value.

Jenoptik Business Overview & Revenue Model

Company Description

Jenoptik AG is a global technology company based in Germany, specializing in photonics and optical technologies. The company operates primarily in three sectors: Industrial Metrology, Medical Technology, and Defense & Civil Systems. Jenoptik offers a wide range of products and services, including laser systems, measurement technology, and solutions for the automotive and aerospace industries, as well as medical imaging devices and systems for security applications.

How the Company Makes Money

Jenoptik generates revenue through multiple streams, primarily by selling high-precision measurement and laser systems to industrial clients, which include automotive and aerospace manufacturers. The Industrial Metrology sector contributes significantly to the company's earnings by providing metrology solutions that enhance manufacturing processes and quality assurance. In the Medical Technology segment, Jenoptik develops and sells medical imaging systems and components, catering to hospitals and healthcare providers. The Defense & Civil Systems sector focuses on supplying equipment and systems for security and defense applications. Key revenue streams also include service contracts and maintenance agreements that provide ongoing support to clients. Additionally, strategic partnerships with other technology firms and collaborations with research institutions enhance Jenoptik's innovation capabilities and market reach, further contributing to its financial performance.

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 to be addressed 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	1.07B	1.12B	1.07B	980.68M	750.72M	615.47M
Gross Profit	346.47M	373.15M	370.52M	310.72M	256.90M	262.19M
EBITDA	204.12M	220.69M	198.69M	173.60M	162.69M	99.06M
Net Income	77.41M	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	53.16M	86.74M	67.69M	59.09M	57.14M	69.31M
Total Debt	444.81M	481.12M	490.76M	536.78M	597.74M	269.28M
Total Liabilities	691.45M	772.81M	763.60M	828.46M	976.38M	649.45M
Stockholders Equity	957.97M	960.34M	896.59M	831.95M	767.81M	677.77M
Cash Flow
Free Cash Flow	69.76M	73.12M	77.93M	63.46M	51.87M	46.04M
Operating Cash Flow	163.83M	167.12M	166.99M	142.71M	98.03M	89.75M
Investing Cash Flow	-90.88M	-88.03M	-48.48M	-13.41M	-413.62M	-188.44M
Financing Cash Flow	-87.81M	-62.38M	-104.94M	-127.33M	304.20M	63.72M

Jenoptik Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 18.22
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

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 18.22 is below the 20-day moving average (MA) of 19.59, below the 50-day MA of 18.23, and below the 200-day MA of 19.10, indicating a bearish trend. The MACD of 0.04 indicates Positive momentum. The RSI at 39.49 is Neutral, neither overbought nor oversold. The STOCH value of 3.23 is Positive, 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	75 Outperform	€1.09B	14.09	7.86%	2.09%	-2.59%	-3.21%
P4O	64 Neutral	€18.88M	41.35	3.65%	―	-5.92%	-63.83%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
M7U	57 Neutral	€66.02M	-9.92	-2.71%	―	-14.11%	-170.11%
V6C	50 Neutral	€44.20M	―	-11.29%	0.98%	-25.83%	-556.17%
DAM	46 Neutral	€99.44M	―	-0.61%	0.43%	-15.02%	-108.21%