QM · rank #3 · 2026-10-26
JEN
XETRA · EUR · $2.59B (USD)
The exact numbers the algorithm saw.
| Momentum 12-1 Return from 12 months ago to 1 month ago. | +137.87% |
|---|---|
| ROE TTM Return on equity, trailing 12 months. | +8.8% |
| Profit margin Net profit margin, trailing 12 months. | +8.3% |
| Market cap (USD) Size filter: > $300M required (USD-equivalent). | $2.59B |
| Anchor (recent) Close on 2026-09-25 | $40.68 |
| Anchor (far) Close on 2025-09-26 | $17.10 |
The AI research card
Independent qualitative review of each pick before the order is placed. On the rare day the research service is unavailable, the paper book trades on the quant ranking alone and no card appears here.
Summary
Jenoptik is a German photonics and optical-systems supplier serving semiconductor equipment, medical technology, metrology and smart mobility customers as a high-end technology partner with selected sole-supplier positions.
Rationale
The 1.38 momentum score is directly supported by a concrete fundamental catalyst — a guidance upgrade to ~22% EBITDA margin, 53% H1 order-intake growth and a record €1.1 billion order intake — giving the price trend a durable earnings-revision backbone rather than pure sentiment.
Material risks
- 1Customer concentration (top 7 = ~43% of 2025 revenue) means a single insourcing decision or vendor switch by a major semiconductor-equipment OEM could simultaneously collapse revenue and invalidate the sole-supplier moat that underpins the quality score.
- 2Semiconductor-equipment demand is inherently cyclical, and the current order surge is partly OEM restocking; a capex pause by leading-edge fabs could rapidly reverse the order-intake trajectory and compress the newly raised margin guidance.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 3 of 3 voted to proceed.