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Jenoptik AG research

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Jenoptik AG Introduction Jenoptik is a German integrated photonics group that divides its activities into three photonics-based divisions: Light & Optics  Light & Production Light & Safety. The company's customers around the world mainly include companies in the semiconductor equipment manufacturing industry, automotive and automotive supplier industry, medical technology, security and defense technology as well as the aviation industry. The Jenoptik Group headquarters are in Jena, Thuringia. In addition to several major sites in Germany Jenoptik is represented in about 80 countries worldwide, for example in the US, France, the Netherlands and Switzerland as well as in Singapore, India, China, Korea, Japan and Australia. Jenoptik is listed on the Frankfurt Stock Exchange and included in the TecDax index.     First steps in valuation - Section 2.5 I chose to do my valuation in Euros, €, as I am a European investor, the company reports the financial results i