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Jenoptik AG
XETRA:JEN

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Jenoptik AG
XETRA:JEN
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Price: 33.38 EUR 3.54% Market Closed
Market Cap: €1.9B

P/E

26.5
Current
39%
More Expensive
vs 3-y average of 19.1

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
26.5
=
Market Cap
€1.7B
/
Net Income
€72m

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
26.5
=
Market Cap
€1.7B
/
Net Income
€72m

Valuation Scenarios

Jenoptik AG is trading above its 3-year average

If P/E returns to its 3-Year Average (19.1), the stock would be worth €24.04 (28% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-28%
Maximum Upside
+165%
Average Upside
22%
Scenario P/E Value Implied Price Upside/Downside
Current Multiple 26.5 €33.38
0%
3-Year Average 19.1 €24.04
-28%
5-Year Average 20.6 €25.94
-22%
Industry Average 70.3 €88.42
+165%
Country Average 19.3 €24.23
-27%

Forward P/E
Today’s price vs future net income

Today's Market Cap Net Income Forward P/E
€1.7B
/
Jan 2026
€72m
=
26.5
Current
€1.7B
/
Dec 2026
€98.3m
=
17.5
Forward
€1.7B
/
Dec 2027
€116.8m
=
14.7
Forward
€1.7B
/
Dec 2028
€130.2m
=
13.2
Forward
€1.7B
/
Dec 2029
€145.3m
=
11.8
Forward

Forward P/E shows whether today’s P/E still looks high or low once future net income are taken into account.

Market Distribution

In line with most companies in Germany
Percentile
65th
Based on 2 106 companies
65th percentile
26.5
Low
0 — 13.8
Typical Range
13.8 — 29.5
High
29.5 —
Distribution Statistics
Germany
Min 0
30th Percentile 13.8
Median 19.3
70th Percentile 29.5
Max 8 582.9

Jenoptik AG
Glance View

In the realm of high-tech innovation, Jenoptik AG emerges as a compelling testament to German engineering prowess and strategic adaptation. Founded in the wake of Germany's reunification, the company has evolved from its origins as a state-owned optics manufacturer to a global player in the photonics industry. Its journey reflects a masterful navigation through technological advancements and market demands. Headquartered in Jena, often dubbed the "City of Light," Jenoptik has capitalized on the region's rich optical heritage. The firm now boasts an impressive portfolio spanning metrology, laser technology, and optical systems, catering to industries ranging from healthcare and automotive to security and defense. Jenoptik operates through a diversified business model, split into three primary divisions: Light & Optics, Light & Production, and Light & Safety. Each division plays a pivotal role in sustaining its revenue streams. For instance, the Light & Optics segment thrives by serving semiconductor equipment manufacturers with precision optics and complex optical systems. Meanwhile, the Light & Production arm supports the automotive and mechanical engineering sectors with automation solutions that enhance manufacturing processes. The Light & Safety division complements these endeavors by providing traffic safety and public security solutions. This multifaceted approach not only anchors Jenoptik's footing in existing markets but also equips it to explore emerging opportunities in a rapidly evolving technological landscape. Through its blend of innovative products and strategic market positioning, Jenoptik continues to shape its path as a leader in the dynamic world of photonics.

JEN Intrinsic Value
30.65 EUR
Overvaluation 8%
Intrinsic Value
Price €33.38
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