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Jenoptik AGXTRA:JEN Stock Report

Market Cap €2.6b
Share Price
€46.00
€38.31
20.1% overvalued intrinsic discount
1Y138.0%
7D3.5%
1D
Portfolio Value
View

Jenoptik AG

XTRA:JEN Stock Report

Market Cap: €2.6b

Jenoptik (JEN) Stock Overview

Provides advanced photonic solutions and smart mobility solutions in Germany and internationally. More details

JEN fundamental analysis
Snowflake Score
Valuation1/6
Future Growth3/6
Past Performance2/6
Financial Health6/6
Dividends3/6

Rewards

Risk Analysis

No risks detected for JEN from our risk checks.

JEN Community Fair Values

Create Narrative

See what 38 others think this stock is worth. Follow their fair value or set your own to get alerts.

Jenoptik AG Competitors

Price History & Performance

Summary of share price highs, lows and changes for Jenoptik
Historical stock prices
Current Share Price€46.00
52 Week High€46.42
52 Week Low€16.04
Beta1.18
1 Month Change42.68%
3 Month Change63.47%
1 Year Change137.97%
3 Year Change46.22%
5 Year Change91.51%
Change since IPO218.24%

Recent News & Updates

Narrative Update May 25

JEN: Future P/E Repricing Will Pressure Fair Value Despite Recent Optimism

The analyst price target for Jenoptik has been raised from about €34.81 to about €38.31. Analysts point to refreshed views on growth, margins, and a higher assumed future P/E multiple, following several recent target increases and rating changes on the stock.
Narrative Update May 06

JEN: Fair Value View Will Hinge On Mixed P/E And Margin Expectations

Analysts have raised the fair value estimate for Jenoptik from €28.50 to approximately €34.81, reflecting updated assumptions on revenue growth, profit margins, and future P/E, along with recent mixed rating and price target revisions from several banks. Analyst Commentary Bullish Takeaways Bullish analysts have raised price targets for Jenoptik, which points to greater confidence in the company’s ability to support a higher fair value over time if it executes as expected.

Recent updates

Narrative Update May 25

JEN: Future P/E Repricing Will Pressure Fair Value Despite Recent Optimism

The analyst price target for Jenoptik has been raised from about €34.81 to about €38.31. Analysts point to refreshed views on growth, margins, and a higher assumed future P/E multiple, following several recent target increases and rating changes on the stock.
Narrative Update May 06

JEN: Fair Value View Will Hinge On Mixed P/E And Margin Expectations

Analysts have raised the fair value estimate for Jenoptik from €28.50 to approximately €34.81, reflecting updated assumptions on revenue growth, profit margins, and future P/E, along with recent mixed rating and price target revisions from several banks. Analyst Commentary Bullish Takeaways Bullish analysts have raised price targets for Jenoptik, which points to greater confidence in the company’s ability to support a higher fair value over time if it executes as expected.
Narrative Update Apr 21

JEN: Future Returns Will Depend On Execution Against Higher P E Assumptions

Analysts have raised their price targets on Jenoptik by €1 to €6, citing slightly adjusted assumptions for revenue growth, profit margins and future P/E multiples as the key factors behind the revised estimates. Analyst Commentary Recent research updates on Jenoptik point to a mixed backdrop, with higher price targets and rating upgrades sitting alongside more cautious voices that are focused on execution risk and valuation sensitivity.
Narrative Update Apr 06

JEN: Future Returns Will Depend On Cautious P/E Assumptions Despite Recent Upgrade

Analysts have nudged their Jenoptik price targets higher, with recent increases of €1 and €6. These changes help to support a slightly lower P/E assumption and a modestly stronger revenue growth outlook in the updated model.
Narrative Update Mar 23

JEN: Higher P/E Confidence Will Support Appeal Despite Margin Reset

Analysts have raised their fair value estimate for Jenoptik from €32.00 to €33.00, reflecting updated assumptions on revenue growth, profit margins, and future P/E, as well as recent supportive Street research. Analyst Commentary Recent Street research points to a more constructive tone around Jenoptik, with bullish analysts highlighting factors they see as supportive of the revised €33.00 fair value estimate.
Narrative Update Mar 09

JEN: Fair Value View Will Rely On Margins And P/E Holding Firm

Analysts have raised their price target on Jenoptik from €25.56 to €28.50. They cite adjustments to fair value estimates, discount rate assumptions, revenue growth expectations, profit margin outlook and future P/E levels as the reasons for the change.
Narrative Update Feb 23

JEN: Future Returns Will Depend On Uncertain Margin And P/E Assumptions

Narrative Update on Jenoptik Analysts have lifted their fair value estimate for Jenoptik from €21.50 to €24.00. This reflects slightly adjusted assumptions around discount rates, revenue growth, profit margins and future P/E multiples in recent research updates.
Analysis Article Feb 14

We Think Jenoptik (ETR:JEN) Is Taking Some Risk With Its Debt

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Narrative Update Feb 09

JEN: Upgraded Outlook Will Rely On Optimistic Margin And P/E Assumptions

Analysts have nudged their fair value target for Jenoptik slightly higher to €21.50, citing updated assumptions for discount rate, revenue growth, profit margin and future P/E that reflect the latest Deutsche Bank research upgrade and related Street analysis. Analyst Commentary Recent research points to a more cautious tone around Jenoptik, even with fair value estimates now centered around €21.50.
Analysis Article Jan 29

Investors Appear Satisfied With Jenoptik AG's (ETR:JEN) Prospects As Shares Rocket 25%

Jenoptik AG ( ETR:JEN ) shareholders have had their patience rewarded with a 25% share price jump in the last month...
Narrative Update Jan 26

JEN: Multi Year Outlook Will Balance Leadership Transition And Earnings Multiple

Analysts have reaffirmed their price target on Jenoptik at €21.50, reflecting updated views on the company’s discount rate, revenue growth assumptions, profit margin outlook, and expected future P/E multiple. What's in the News Jenoptik's supervisory board announced that President & CEO Dr. Stefan Traeger will step down from the Executive Board on February 15, 2026, after nearly nine years in the role, and will leave Jenoptik AG by mutual agreement.
Narrative Update Jan 11

JEN: Higher Margin Outlook Will Support Appeal Despite Leadership Transition

Analysts have trimmed their fair value estimate for Jenoptik from €34.22 to €32.00, citing updated assumptions for slightly lower revenue growth, a higher profit margin and a reduced future P/E multiple. What's in the News The supervisory board announced that Dr. Stefan Traeger will step down from the Executive Board on February 15, 2026 and leave Jenoptik AG by mutual agreement after nearly nine years as President & CEO (Key Developments).
Analysis Article Jan 03

What Does Jenoptik AG's (ETR:JEN) Share Price Indicate?

Jenoptik AG ( ETR:JEN ), is not the largest company out there, but it saw a double-digit share price rise of over 10...
Narrative Update Dec 26

JEN: Multi Year Revenue Outlook Will Support Stronger Future Earnings Multiple

Analysts have raised their price target on Jenoptik from €18.50 to €21.50, reflecting improved expectations for multi year revenue growth, slightly higher profit margins, and a richer future earnings multiple. What's in the News The supervisory board announced that President and CEO Dr. Stefan Traeger will step down from the Executive Board on February 15, 2026, and will leave Jenoptik AG by mutual agreement after nearly nine years in the role (company announcement) Valuation Changes The fair value estimate has risen moderately from €18.50 to €21.50, reflecting a more optimistic outlook on Jenoptik's intrinsic worth.
Narrative Update Dec 12

JEN: Stable Margins And Leadership Transition Will Support Future Upside Potential

Analysts have marginally increased their price target on Jenoptik to approximately $25.56. This reflects slightly higher assumptions for the company’s discount rate and future price to earnings multiple, while maintaining stable growth and margin expectations.
Analysis Article Dec 01

An Intrinsic Calculation For Jenoptik AG (ETR:JEN) Suggests It's 49% Undervalued

Key Insights Using the 2 Stage Free Cash Flow to Equity, Jenoptik fair value estimate is €39.06 Jenoptik's €19.74 share...
Narrative Update Nov 27

JEN: Modest Profit Margin Increase Will Drive Upside Potential

Analysts have raised their price target on Jenoptik slightly, increasing it from €25.44 to €25.56. They cited refinements in their financial models based on modest improvements in the company’s valuation metrics and outlook.
Narrative Update Nov 13

JEN: Revenue Gains And Profit Margin Improvement Will Support Upside Potential

Analysts have increased their fair value estimate for Jenoptik from €24.46 to €25.44. This change reflects expectations of higher revenue growth and improved profit margins, even though the discount rate is slightly lower.
Analysis Article Oct 04

Cautious Investors Not Rewarding Jenoptik AG's (ETR:JEN) Performance Completely

With a price-to-earnings (or "P/E") ratio of 14.3x Jenoptik AG ( ETR:JEN ) may be sending bullish signals at the...
Narrative Update Sep 12

Global Semiconductor Investment Will Advance Photonics And Mobility Expansion

The downward revision in Jenoptik’s consensus price target reflects softer revenue growth forecasts, with fair value decreasing from €25.12 to €24.46. What's in the News Jenoptik AG removed from Germany MDAX Index (Performance).
Analysis Article Aug 30

An Intrinsic Calculation For Jenoptik AG (ETR:JEN) Suggests It's 49% Undervalued

Key Insights The projected fair value for Jenoptik is €33.48 based on 2 Stage Free Cash Flow to Equity Jenoptik's...
Analysis Article Jul 23

Does Jenoptik (ETR:JEN) Have A Healthy Balance Sheet?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article May 16

Jenoptik AG Just Missed EPS By 16%: Here's What Analysts Think Will Happen Next

It's been a good week for Jenoptik AG ( ETR:JEN ) shareholders, because the company has just released its latest...
Analysis Article Apr 30

Jenoptik (ETR:JEN) Is Paying Out A Larger Dividend Than Last Year

Jenoptik AG ( ETR:JEN ) has announced that it will be increasing its dividend from last year's comparable payment on...
Analysis Article Apr 20

Are Investors Undervaluing Jenoptik AG (ETR:JEN) By 34%?

Key Insights Using the 2 Stage Free Cash Flow to Equity, Jenoptik fair value estimate is €24.74 Jenoptik's €16.45 share...
Analysis Article Apr 05

Benign Growth For Jenoptik AG (ETR:JEN) Underpins Stock's 34% Plummet

Jenoptik AG ( ETR:JEN ) shareholders that were waiting for something to happen have been dealt a blow with a 34% share...
Analysis Article Feb 27

At €23.20, Is Jenoptik AG (ETR:JEN) Worth Looking At Closely?

Jenoptik AG ( ETR:JEN ), might not be a large cap stock, but it saw a double-digit share price rise of over 10% in the...
User avatar
New Narrative Feb 22

Investments In Dresden Facility And Diversification Will Support Future Performance

Strategic investments in semiconductor capacity and sales channels bolster future growth, helping offset market volatility and enhance revenue potential.
Analysis Article Jan 13

Here's Why Jenoptik (ETR:JEN) Can Manage Its Debt Responsibly

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Nov 15

Earnings Beat: Jenoptik AG Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Jenoptik AG ( ETR:JEN ) shareholders are probably feeling a little disappointed, since its shares fell 3.2% to €21.82...
Analysis Article Nov 14

Jenoptik AG's (ETR:JEN) 28% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/ERatio

Jenoptik AG ( ETR:JEN ) shareholders that were waiting for something to happen have been dealt a blow with a 28% share...
Analysis Article Oct 14

Is Jenoptik AG (ETR:JEN) Trading At A 47% Discount?

Key Insights The projected fair value for Jenoptik is €54.80 based on 2 Stage Free Cash Flow to Equity Current share...
Analysis Article Sep 28

Is There Now An Opportunity In Jenoptik AG (ETR:JEN)?

While Jenoptik AG ( ETR:JEN ) might not have the largest market cap around , it saw a double-digit share price rise of...
Analysis Article Aug 15

Market Participants Recognise Jenoptik AG's (ETR:JEN) Earnings

When close to half the companies in Germany have price-to-earnings ratios (or "P/E's") below 17x, you may consider...
Analysis Article Jun 12

Here's Why Shareholders May Want To Be Cautious With Increasing Jenoptik AG's (ETR:JEN) CEO Pay Packet

Key Insights Jenoptik will host its Annual General Meeting on 18th of June CEO Stefan Traeger's total compensation...
Analysis Article May 30

Does Jenoptik (ETR:JEN) Have A Healthy Balance Sheet?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Analysis Article Apr 25

Jenoptik (ETR:JEN) Will Pay A Larger Dividend Than Last Year At €0.35

The board of Jenoptik AG ( ETR:JEN ) has announced that it will be paying its dividend of €0.35 on the 21st of June, an...
Analysis Article Apr 15

Jenoptik AG's (ETR:JEN) P/E Is On The Mark

When close to half the companies in Germany have price-to-earnings ratios (or "P/E's") below 17x, you may consider...
Analysis Article Mar 30

Jenoptik's (ETR:JEN) Upcoming Dividend Will Be Larger Than Last Year's

Jenoptik AG ( ETR:JEN ) has announced that it will be increasing its periodic dividend on the 21st of June to €0.35...
Analysis Article Mar 22

At €30.04, Is Jenoptik AG (ETR:JEN) Worth Looking At Closely?

While Jenoptik AG ( ETR:JEN ) might not have the largest market cap around , it saw a double-digit share price rise of...
Analysis Article Jan 07

Getting In Cheap On Jenoptik AG (ETR:JEN) Might Be Difficult

When close to half the companies in Germany have price-to-earnings ratios (or "P/E's") below 16x, you may consider...
Analysis Article Dec 20

Is Jenoptik (ETR:JEN) A Risky Investment?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Dec 05

Why Jenoptik AG (ETR:JEN) Could Be Worth Watching

While Jenoptik AG ( ETR:JEN ) might not be the most widely known stock at the moment, it saw a significant share price...
Analysis Article Sep 01

Is It Too Late To Consider Buying Jenoptik AG (ETR:JEN)?

Jenoptik AG ( ETR:JEN ), might not be a large cap stock, but it saw significant share price movement during recent...
Analysis Article Aug 11

Is There An Opportunity With Jenoptik AG's (ETR:JEN) 49% Undervaluation?

Key Insights The projected fair value for Jenoptik is €53.53 based on 2 Stage Free Cash Flow to Equity Jenoptik's...
Analysis Article Jul 25

Jenoptik (ETR:JEN) Has A Pretty Healthy Balance Sheet

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article May 07

Jenoptik (ETR:JEN) Will Pay A Larger Dividend Than Last Year At €0.30

Jenoptik AG ( ETR:JEN ) has announced that it will be increasing its dividend from last year's comparable payment on...
Analysis Article Apr 04

We Think Jenoptik (ETR:JEN) Can Stay On Top Of Its Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Feb 19

Should You Think About Buying Jenoptik AG (ETR:JEN) Now?

Jenoptik AG ( ETR:JEN ), is not the largest company out there, but it received a lot of attention from a substantial...

Shareholder Returns

JENDE ElectronicDE Market
7D3.5%8.9%0.7%
1Y138.0%114.5%2.0%

Return vs Industry: JEN exceeded the German Electronic industry which returned 127.7% over the past year.

Return vs Market: JEN exceeded the German Market which returned 2.2% over the past year.

Price Volatility

Is JEN's price volatile compared to industry and market?
JEN volatility
JEN Average Weekly Movement8.3%
Electronic Industry Average Movement8.3%
Market Average Movement6.1%
10% most volatile stocks in DE Market13.1%
10% least volatile stocks in DE Market2.7%

Stable Share Price: JEN has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: JEN's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18464,020n/awww.jenoptik.com

Jenoptik AG provides advanced photonic solutions and smart mobility solutions in Germany and internationally. The company operates through Semiconductor & Advanced Manufacturing, Biophotonics, Metrology & Production Solutions, and Smart Mobility Solutions segments. It provides imaging solutions and cameras, including microscope and thermographic camera, imaging modules, polymer-based camera modules, and miniaturized digital microscope subsystem; and laser and laser technology, such as laser ablation, scoring, cutting, and rangefinder, as well as laser OEM solutions comprising diode laser and disk laser technology, diode pumped disk lasers, laser systems, and LK heat sink.

Jenoptik AG Fundamentals Summary

How do Jenoptik's earnings and revenue compare to its market cap?
JEN fundamental statistics
Market cap€2.64b
Earnings (TTM)€76.38m
Revenue (TTM)€1.04b
34.5x
P/E Ratio
2.5x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
JEN income statement (TTM)
Revenue€1.04b
Cost of Revenue€697.27m
Gross Profit€346.33m
Other Expenses€269.95m
Earnings€76.38m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

Aug 12, 2026

Earnings per share (EPS)1.33
Gross Margin33.19%
Net Profit Margin7.32%
Debt/Equity Ratio38.2%

How did JEN perform over the long term?

See historical performance and comparison

Dividends

0.9%
Current Dividend Yield
30%
Payout Ratio

Does JEN pay a reliable dividends?

See JEN dividend history and benchmarks
When do you need to buy JEN by to receive an upcoming dividend?
Jenoptik dividend dates
Ex Dividend DateJun 10 2026
Dividend Pay DateJun 12 2026
Days until Ex dividend10 days
Days until Dividend pay date12 days

Does JEN pay a reliable dividends?

See JEN dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/29 11:26
End of Day Share Price 2026/05/29 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Jenoptik AG is covered by 18 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Peter RothenaicherBaader Helvea Equity Research
Volker BosseBaader Helvea Equity Research
Lasse StuebenBerenberg