JENOPTIK AG (JEN.DE) Stock Fundamental Analysis
FRA:JEN - Deutsche Boerse Ag - DE000A2NB601 - Common Stock - Currency: EUR
We assign a fundamental rating of 5 out of 10 to JEN. JEN was compared to 49 industry peers in the Electronic Equipment, Instruments & Components industry. JEN has an excellent profitability rating, but there are some minor concerns on its financial health. JEN has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year JEN was profitable.
JEN had a positive operating cash flow in the past year.
In the past 5 years JEN has always been profitable.
In the past 5 years JEN always reported a positive cash flow from operatings.
1.2 Ratios
JEN has a better Return On Assets (5.14%) than 83.67% of its industry peers.
JEN has a better Return On Equity (8.97%) than 77.55% of its industry peers.
JEN has a Return On Invested Capital of 7.16%. This is in the better half of the industry: JEN outperforms 77.55% of its industry peers.
JEN had an Average Return On Invested Capital over the past 3 years of 7.15%. This is in line with the industry average of 7.13%.
The last Return On Invested Capital (7.16%) for JEN is above the 3 year average (7.15%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.14% | ||
| ROE | 8.97% | ||
| ROIC | 7.16% |
ROA(3y)4.32%
ROA(5y)4.15%
ROE(3y)8.12%
ROE(5y)8.24%
ROIC(3y)7.15%
ROIC(5y)6.58%
1.3 Margins
JEN has a better Profit Margin (7.85%) than 89.80% of its industry peers.
JEN's Profit Margin has been stable in the last couple of years.
Looking at the Operating Margin, with a value of 12.46%, JEN belongs to the top of the industry, outperforming 91.84% of the companies in the same industry.
In the last couple of years the Operating Margin of JEN has grown nicely.
JEN's Gross Margin of 33.03% is on the low side compared to the rest of the industry. JEN is outperformed by 63.27% of its industry peers.
JEN's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.46% | ||
| PM (TTM) | 7.85% | ||
| GM | 33.03% |
OM growth 3Y-1.94%
OM growth 5Y5.73%
PM growth 3Y-8.73%
PM growth 5Y0.97%
GM growth 3Y0.54%
GM growth 5Y0.38%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so JEN is still creating some value.
JEN has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for JEN remains at a similar level compared to 5 years ago.
JEN has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.50 indicates that JEN is not a great score, but indicates only limited risk for bankruptcy at the moment.
JEN has a Altman-Z score of 2.50. This is comparable to the rest of the industry: JEN outperforms 53.06% of its industry peers.
JEN has a debt to FCF ratio of 5.44. This is a neutral value as JEN would need 5.44 years to pay back of all of its debts.
The Debt to FCF ratio of JEN (5.44) is better than 63.27% of its industry peers.
JEN has a Debt/Equity ratio of 0.31. This is a healthy value indicating a solid balance between debt and equity.
JEN has a Debt to Equity ratio (0.31) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 5.44 | ||
| Altman-Z | 2.5 |
ROIC/WACC1.26
WACC5.67%
2.3 Liquidity
JEN has a Current Ratio of 1.52. This is a normal value and indicates that JEN is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of JEN (1.52) is comparable to the rest of the industry.
JEN has a Quick Ratio of 1.52. This is a bad value and indicates that JEN is not financially healthy enough and could expect problems in meeting its short term obligations.
JEN has a Quick ratio of 0.77. This is in the lower half of the industry: JEN underperforms 75.51% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.52 | ||
| Quick Ratio | 0.77 |
3. Growth
3.1 Past
JEN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 13.53%, which is quite good.
The Earnings Per Share has been growing slightly by 6.54% on average over the past years.
The Revenue has been growing slightly by 1.39% in the past year.
Measured over the past years, JEN shows a small growth in Revenue. The Revenue has been growing by 5.46% on average per year.
EPS 1Y (TTM)13.53%
EPS 3Y4.03%
EPS 5Y6.54%
EPS Q2Q%-40.74%
Revenue 1Y (TTM)1.39%
Revenue growth 3Y14.12%
Revenue growth 5Y5.46%
Sales Q2Q%-4.9%
3.2 Future
JEN is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 11.48% yearly.
The Revenue is expected to grow by 3.76% on average over the next years.
EPS Next Y5.08%
EPS Next 2Y11.72%
EPS Next 3Y10.46%
EPS Next 5Y11.48%
Revenue Next Year0.18%
Revenue Next 2Y2.88%
Revenue Next 3Y3.15%
Revenue Next 5Y3.76%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
JEN is valuated correctly with a Price/Earnings ratio of 12.89.
Based on the Price/Earnings ratio, JEN is valued cheaply inside the industry as 83.67% of the companies are valued more expensively.
JEN's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.46.
A Price/Forward Earnings ratio of 9.62 indicates a reasonable valuation of JEN.
Compared to the rest of the industry, the Price/Forward Earnings ratio of JEN indicates a somewhat cheap valuation: JEN is cheaper than 75.51% of the companies listed in the same industry.
JEN's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.30.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.89 | ||
| Fwd PE | 9.62 |
4.2 Price Multiples
65.31% of the companies in the same industry are more expensive than JEN, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of JEN is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.98 | ||
| EV/EBITDA | 6.88 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
JEN has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)2.54
PEG (5Y)1.97
EPS Next 2Y11.72%
EPS Next 3Y10.46%
5. Dividend
5.1 Amount
JEN has a Yearly Dividend Yield of 1.95%.
Compared to an average industry Dividend Yield of 2.97, JEN pays a bit more dividend than its industry peers.
JEN's Dividend Yield is comparable with the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.95% |
5.2 History
Dividend Growth(5Y)0%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
23.13% of the earnings are spent on dividend by JEN. This is a low number and sustainable payout ratio.
DP23.13%
EPS Next 2Y11.72%
EPS Next 3Y10.46%
FRA:JEN (6/4/2025, 10:25:19 AM)
19.46
+0.23 (+1.2%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners50.11%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap1.11B
Analysts81.05
Price Target28.23 (45.07%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.95% |
Yearly Dividend0.35
Dividend Growth(5Y)0%
DP23.13%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-8.18%
Min EPS beat(2)-20.99%
Max EPS beat(2)4.63%
EPS beat(4)2
Avg EPS beat(4)-1.45%
Min EPS beat(4)-20.99%
Max EPS beat(4)13.86%
EPS beat(8)3
Avg EPS beat(8)-7.97%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-2.63%
Min Revenue beat(2)-3.34%
Max Revenue beat(2)-1.93%
Revenue beat(4)1
Avg Revenue beat(4)-1.42%
Min Revenue beat(4)-3.34%
Max Revenue beat(4)2.62%
Revenue beat(8)2
Avg Revenue beat(8)-5.53%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-1.77%
PT rev (3m)-8.04%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-1.14%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.53%
Revenue NY rev (3m)-1.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.89 | ||
| Fwd PE | 9.62 | ||
| P/S | 1.01 | ||
| P/FCF | 13.98 | ||
| P/OCF | 6.19 | ||
| P/B | 1.15 | ||
| P/tB | 3.94 | ||
| EV/EBITDA | 6.88 |
EPS(TTM)1.51
EY7.76%
EPS(NY)2.02
Fwd EY10.39%
FCF(TTM)1.39
FCFY7.15%
OCF(TTM)3.14
OCFY16.15%
SpS19.27
BVpS16.86
TBVpS4.94
PEG (NY)2.54
PEG (5Y)1.97
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.14% | ||
| ROE | 8.97% | ||
| ROCE | 10.43% | ||
| ROIC | 7.16% | ||
| ROICexc | 7.5% | ||
| ROICexgc | 16.37% | ||
| OM | 12.46% | ||
| PM (TTM) | 7.85% | ||
| GM | 33.03% | ||
| FCFM | 7.22% |
ROA(3y)4.32%
ROA(5y)4.15%
ROE(3y)8.12%
ROE(5y)8.24%
ROIC(3y)7.15%
ROIC(5y)6.58%
ROICexc(3y)7.54%
ROICexc(5y)6.96%
ROICexgc(3y)16.1%
ROICexgc(5y)15.71%
ROCE(3y)10.41%
ROCE(5y)9.58%
ROICexcg growth 3Y-2.02%
ROICexcg growth 5Y2.07%
ROICexc growth 3Y7.18%
ROICexc growth 5Y-3.9%
OM growth 3Y-1.94%
OM growth 5Y5.73%
PM growth 3Y-8.73%
PM growth 5Y0.97%
GM growth 3Y0.54%
GM growth 5Y0.38%
F-Score5
Asset Turnover0.65
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 5.44 | ||
| Debt/EBITDA | 1.42 | ||
| Cap/Depr | 132.32% | ||
| Cap/Sales | 9.09% | ||
| Interest Coverage | 8.57 | ||
| Cash Conversion | 84.38% | ||
| Profit Quality | 91.98% | ||
| Current Ratio | 1.52 | ||
| Quick Ratio | 0.77 | ||
| Altman-Z | 2.5 |
F-Score5
WACC5.67%
ROIC/WACC1.26
Cap/Depr(3y)121.37%
Cap/Depr(5y)106.88%
Cap/Sales(3y)8.22%
Cap/Sales(5y)7.57%
Profit Quality(3y)101.44%
Profit Quality(5y)95.78%
High Growth Momentum
Growth
EPS 1Y (TTM)13.53%
EPS 3Y4.03%
EPS 5Y6.54%
EPS Q2Q%-40.74%
EPS Next Y5.08%
EPS Next 2Y11.72%
EPS Next 3Y10.46%
EPS Next 5Y11.48%
Revenue 1Y (TTM)1.39%
Revenue growth 3Y14.12%
Revenue growth 5Y5.46%
Sales Q2Q%-4.9%
Revenue Next Year0.18%
Revenue Next 2Y2.88%
Revenue Next 3Y3.15%
Revenue Next 5Y3.76%
EBIT growth 1Y3.83%
EBIT growth 3Y11.91%
EBIT growth 5Y11.51%
EBIT Next Year46.8%
EBIT Next 3Y21.91%
EBIT Next 5Y14.54%
FCF growth 1Y-8.38%
FCF growth 3Y12.68%
FCF growth 5Y2.87%
OCF growth 1Y6.31%
OCF growth 3Y19.51%
OCF growth 5Y8.88%