Jenoptik AGCHIX:JEND 72 Return-on-Tangible-Equity is 19.57% as of Mar. 2026, which is 15% below its 10-year median of 22.94. GuruFocus rates CHIX:JEND with a GF Score™ of 72/100 and a GF Value™ of €24.69 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,379 Hardware companies, Jenoptik AG ranks better than 90.75% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Jenoptik AG's annualized net income for the quarter that ended in Mar. 2026 was €67 Mil. Jenoptik AG's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €342 Mil. Therefore, Jenoptik AG's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 19.57%.
The historical rank and industry rank for Jenoptik AG's Return-on-Tangible-Equity or its related term are showing as below:
CHIX:JENd'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 13.2 Med: 22.94 Max: 95.1
Current: 25.65
During the past 13 years, Jenoptik AG's highest Return-on-Tangible-Equity was 95.10%. The lowest was 13.20%. And the median was 22.94%.
CHIX:JENd's Return-on-Tangible-Equity is ranked better than 90.75% of 2379
companies
in the Hardware industry
Industry Median: 5.26
vs CHIX:JENd: 25.65
Jenoptik AG (CHIX:JENd) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Jenoptik AG Return-on-Tangible-Equity Related Terms
Jenoptik AG Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Jenoptik AG's Return-on-Tangible-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
CHIX:JEND vs APH, GLW, TEL: Return-on-Tangible-Equity Comparison
For the Electronic Components subindustry, Jenoptik AG's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Jenoptik AG Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Jenoptik AG's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Jenoptik AG's Return-on-Tangible-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 19.57% mean?
Jenoptik AG (CHIX:JEND) has a Return-on-Tangible-Equity of 19.57% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Jenoptik AG and its competitors. This is 15% below median its historical median of 22.94. Over the past decade, Jenoptik AG's Return-on-Tangible-Equity has ranged from 13.20 to 95.10. According to the industry distribution chart, Jenoptik AG ranks #220 out of 2379 companies in the Hardware industry, placing it in the top 9.2%.
Is Jenoptik AG's Return-on-Tangible-Equity too high?
Jenoptik AG's current Return-on-Tangible-Equity of 19.57% is 15% below median its 10-year median of 22.94. Over the past 10 years, this metric has ranged from a low of 13.20 to a high of 95.10. The Hardware industry median Return-on-Tangible-Equity is 5.26. Jenoptik AG's value of 19.57% is 272.1% above this industry median. Based on the distribution chart, Jenoptik AG ranks #220 out of 2379 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Jenoptik AG has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jenoptik AG's Return-on-Tangible-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Jenoptik AG ranks #220 out of 2379 companies for Return-on-Tangible-Equity. This places Jenoptik AG in the top 9% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.26. Jenoptik AG's value of 19.57% is 272.1% above this benchmark. Historically, Jenoptik AG's own Return-on-Tangible-Equity has ranged from 13.20 to 95.10 over the past decade. While the company's 10-year median is 22.94 vs. the industry median of 5.26, Jenoptik AG has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.26, based on 2,379 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Jenoptik AG's current Return-on-Tangible-Equity of 19.57% is 272.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Jenoptik AG and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jenoptik AG's current Return-on-Tangible-Equity is 19.57%, which is 15% below median its own 10-year median of 22.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jenoptik AG stock overvalued right now?
Based on GuruFocus' analysis, Jenoptik AG (CHIX:JEND) is currently considered Significantly Overvalued. The stock's GF Value™ is €24.69, compared to a current price of €44.60 — trading 80.6% above its estimated fair value. The current Return-on-Tangible-Equity is 19.57%, which is 15% below median its 10-year median of 22.94 and 272.1% above the Hardware industry median of 5.26. Jenoptik AG's overall GF Score™ is 72/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Jenoptik AG (CHIX:JEND), the current Return-on-Tangible-Equity is 19.57% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Jenoptik AG (CHIX:JEND) Overvalued in 2026?
Based on GuruFocus' analysis, Jenoptik AG stock appears to be overvalued.
The current stock price of €44.60 is trading 80.6% above its estimated GF Value™ of €24.69.
GuruFocus considers Jenoptik AG to be Significantly Overvalued.
Key valuation signals for CHIX:JEND:
Return-on-Tangible-Equity: 19.57% (15% below median its 10-year median of 22.94)
GF Value™: €24.69 vs. price of €44.60 (80.6% above fair value)
Industry Position: 272.1% above the Hardware median (#220 of 2379)
No single metric tells the full story. See the CHIX:JEND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jenoptik AG is a Germany-based company that manufactures and distributes optical technology products to the semiconductor equipment, automotive, medical technology, defense, security, and aviation industries. Its products include optoelectronic systems, power supply, and drive systems, industrial metrology, camera and camera modules, laser technology, light-emitting diode technology, aviation systems, and traffic safety systems. The company's operating segments are; Photonic Solutions which generates key revenue, Smart Mobility Solutions, and Non-Photonic portfolio and others.
72GF Score
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