The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

AFX.DE

Concerning the House

Carl Zeiss Meditec AG operates as a medical technology company in Germany, rest of Europe, North America, and Asia. It operates in two segments, Ophthalmology and Microsurgery. The Ophthalmology segment offers products and solutions for the diagnosis and treatment of chronic eye diseases, including slit lamps, refractometers, and tonometers; optical coherence tomography and fundus cameras for retina examination; functional glaucoma diagnostic devices (perimeters); surgical ophthalmology products comprising surgical microscopes, biometers, and phacoemulsification and vitrectomy equipment; intraocular lenses for cataract surgery; and systems and consumables for laser eye surgery that include the VISUMAX femtosecond laser, which enables minimally invasive correction of vision defects using lenticular extraction, as well as digital products for the storage, analysis, and sharing of clinical data. The Microsurgery segment provides products and solutions for minimally invasive surgical treatments, including surgical visualization, interoperative radiotherapy, interoperative pathology, special surgical instruments, and digital solutions, as well as the ZEISS Tumor Workflow, a cross-product workflow solution. It serves physicians in various fields and hospitals. The company has a strategic collaboration with Envision Health Technologies Inc. to help advance glaucoma care through gamified virtual reality technology. The company was founded in 1846 and is headquartered in Jena, Germany. Carl Zeiss Meditec AG operates as a subsidiary of ZEISS Group.

Germany · www.zeiss.com/meditec-ag/de/investor-relations.html?vaURL=www.zeiss.de/meditec-ag/ir

The Ledger
LineDec 2024Mar 2025Jun 2025Sep 2025
Revenue$490.50M$560.02M$549.63M$627.54M
Gross profit$252.10M$301.73M$289.70M$331.70M
Operating income$28.00M$71.18M$53.06M$71.12M
Net income$15.70M$45.33M$28.38M$51.81M
Diluted EPS0.180.52
Free cash flow-$26.30M-$5.79M$97.79M$67.56M
Quotation

$30.44

+0.62 (+2.1%)

52w hi$46.67
52w lo$22.90
Vol360.99K
As ofAug 13
The Verdict

Hold

Our score +0.17

Short+0.01
Medium+0.25
Long+0.31

computed 2026-08-13

By the Numbers

Carl Zeiss Meditec AG

Healthcare · Medical Instruments & Supplies

Market cap$2.66B
Enterprise value$3.19B
Trailing P/E22.22x
Forward P/E18.68x
EV / EBITDA14.66x
P / S (ttm)1.22x
Profit margin5.6%
Return on equity
Revenue growth+2.4%
Earnings growth+97.5%
Debt / equity27.56
Risk Metrics
Beta vs SPX0.48
Corr SPX0.16
Annual vol47.1%
Annual ret-20.8%
Sharpe-0.44
Max DD-63.5%

Window: 504 trading days (489 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.25
Sector+0.12
Technical+0.00
Earnings+0.00
Sentiment+0.12

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$29.30$30.56$29.30$30.44360.99K
Aug 12$30.84$30.90$29.64$29.82335.83K
Aug 11$27.72$31.28$27.70$31.08618.68K
Aug 10$29.62$30.22$29.10$30.00317.06K
Aug 7$29.00$30.20$28.98$29.90380.89K