Jenoptik AG

Jenoptik AG

JEN.DE
Jenoptik AGDE flagDeutsche Börse
37.86
EUR
-5.82
- -
2.17BMarket Cap
Jenoptik AG
JEN.DE
(Deutsche Börse)

Recent

price

37.86

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
9.08
9.49
10.22
10.49
10.31
11.68
11.96
13.07
14.58
14.94
10.75
13.12
17.13
18.62
19.49
18.27
18.12
Revenue per Share
0.65
0.62
0.88
0.82
0.73
0.87
1
1.27
1.53
1.18
0.73
1.43
0.96
1.27
1.62
1.26
1.38
Basic EPS, GAAP
0.52
0.31
0.62
0.63
0.29
1.13
1.24
1.08
1.64
1.32
1.11
1.71
2.49
2.92
2.92
3.42
3.02
Free Cash Flow per Basic Share
- -
- -
0.15
0.18
0.2
0.2
0.22
0.25
0.3
0.35
0.13
0.25
0.25
0.3
0.35
0.38
- -
Dividend per Share
2.65
2.6
2.6
2.6
2.6
2.6
2.6
2.6
2.6
2.6
2.6
2.6
2.6
2.6
2.6
2.6
2.58
Book Value per Share
3.54
4.01
4.54
5.1
4.6
5.46
6.38
7.15
6.86
7.73
3.53
0.48
1.97
3.33
4.79
5.93
6.22
Tangible Book Value per Share
56
57
57
57
57
57
57
57
57
57
57
57
57
57
57
57
58
Basic Weighted Avg Shares
511
543
585
600
590
669
685
748
835
855
615
751
981
1,066
1,116
1,046
1,044
Sales/Revenue/Turnover
11.05
9.31
8.81
7.75
7.45
8.57
9.62
10.88
11.47
10.84
9
10.57
12.13
13.3
12.87
10.66
11.55
Operating Margin (%)
26
23
22
22
25
29
28
29
31
44
51
54
68
71
75
77
76
Depreciation Expense
36
35
50
47
42
50
57
73
88
68
42
82
55
72
93
72
79
Net Income, GAAP
14.2
2.55
- -
0.14
10.49
13.13
11.65
9.28
4.38
20.61
19.46
9.45
33.46
33.73
28.99
28.8
28.86
Effective Tax Rate (%)
7.14
6.5
8.59
7.86
7.06
7.41
8.38
9.69
10.49
7.91
6.79
10.92
5.62
6.8
8.3
6.88
7.62
Profit Margin (%)
137
160
174
210
214
222
280
316
276
276
73
173
234
300
328
208
330
Working Capital
- -
123
116
115
157
113
120
109
111
123
138
449
478
472
464
274
370
LT Debt
272
298
330
367
387
435
476
530
598
655
689
781
843
903
967
1,010
1,031
Total Equity
18.74
13.83
- -
9.9
7.64
8.95
9.96
11.56
13.02
9.45
4.98
6.09
5.67
6.7
7.13
5.51
6.04
Return on Invested Capital (%)
33.76
22.08
- -
20.18
16.77
18.71
22.46
27.76
33.6
24.77
12.34
14.31
8.18
12.26
14.47
12
13.64
Return on Capital (%)
25.65
23.74
33.76
31.71
27.99
33.31
38.57
48.72
58.85
45.46
28.07
55.1
37.02
48.69
62.25
48.38
53.4
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
128
127
25
LT Borrowings
- -
224
- -
LT Finance Leases
- -
50
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
57
57
57
Market Capitalization
991
1,129
1,624

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
542
554
586
Cash, Cash Equivalents & STI
59
85
84
Accounts Receivable, Net
109
128
131
Inventories
270
233
261
Total Current Liabilities
348
346
256
Payables & Accruals
- -
- -
- -
ST Debt
128
127
25
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.82%
7.97%
4.38%
Free Cash Flow
14.75%
26.99%
17.3%
Net Income, GAAP
10.25%
20.12%
-22.28%
Sales/Revenue/Turnover
5.74%
11.94%
-6.26%
Total Cash Common Dividend
- -
- -
8.57%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
256
285
274
301
1,116
2025
244
255
255
293
1,046
2026
241
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.27
0.42
0.46
- -
1.62
2025
0.16
0.26
0.37
- -
1.26
2026
0.29
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.35
- -
- -
0.35
2025
- -
- -
- -
- -
0.38
2026
- -
- -
- -
- -
- -
Business
Jenoptik AG Jenoptik AG is a Germany-based global photonics group that develops, manufactures and sells optical technologies including optomechanical and optoelectronic systems, modules and assemblies; single and multi-coated optical components such as aspherical lenses, filters and cylindrical lenses; diffractive and refractive optical elements, micro-optical systems; components for digital microscopy and camera systems; photodiodes, LEDs and color sensors; laser systems for cutting, welding, perforating and structuring materials like plastics, metals, glass, ceramics and semiconductors; industrial metrology equipment for roughness, contour, form and dimensional measurement; OEM components, cameras, radar and laser-based sensors, classifiers for traffic monitoring including red light, speed enforcement and vehicle classification; and software solutions for traffic management and safety. The company operates primarily in two photonic divisions, Advanced Photonic Solutions serving semiconductor equipment, electronics, life science, biophotonics, medical technology, industrial automation and automotive industries, and Smart Mobility Solutions focused on traffic safety and municipal security; its non-photonic activities are managed within the Non-Photonic Portfolio Companies segment. Jenoptik AG maintains headquarters in Jena, Thuringia, with major production sites in Germany, the US, France and Switzerland, offices in 80 countries and significant stakes in companies across Singapore, India, China, Korea, Japan and Australia; founded in 1991 as the successor to the historic Carl Zeiss Jena operations dating back to 1846, it employs approximately 4,600 people and generates revenue primarily from these photonics markets. Recent developments include the 2022 implementation of Agenda 2025 "More Value" strategy with organizational restructuring to consolidate into two core photonic divisions and divestiture of the Vincorion defense business in 2021; acquisitions of TRIOPTICS in 2020 for optical test equipment, BG Medical Applications and SwissOptic Group in 2021 for precision optics in medical and semiconductor sectors; a 2025 low single-digit million-euro contract with Greater Amman Municipality in Jordan via partner TrafficTech Middle East for advanced traffic safety systems; investment in a new high-tech fab in Dresden for micro-optics and sensors; combination of Prodomax and HOMMEL-ETAMIC investments into the Non-Photonic Portfolio Companies segment with plans for potential divestiture; and the November 2025 announcement that CEO Dr. Stefan Traeger will step down from the Executive Board on February 15, 2026.