GENTEX CORP (GNTX) Stock Fundamental Analysis
USA - NASDAQ:GNTX - US3719011096 - Common Stock
22.89 USD
-0.39 (-1.68%)
22.89 USD
0 (0%)
Overall GNTX gets a fundamental rating of 7 out of 10. We evaluated GNTX against 82 industry peers in the Automobile Components industry. Both the health and profitability get an excellent rating, making GNTX a very profitable company, without any liquidiy or solvency issues. GNTX has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year GNTX was profitable.
GNTX had a positive operating cash flow in the past year.
Each year in the past 5 years GNTX has been profitable.
GNTX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 14.06%, GNTX belongs to the top of the industry, outperforming 97.56% of the companies in the same industry.
GNTX has a better Return On Equity (16.28%) than 93.90% of its industry peers.
GNTX's Return On Invested Capital of 16.19% is amongst the best of the industry. GNTX outperforms 96.34% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for GNTX is significantly above the industry average of 8.55%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.06% | ||
| ROE | 16.28% | ||
| ROIC | 16.19% |
ROA(3y)14.7%
ROA(5y)15.27%
ROE(3y)16.54%
ROE(5y)17.08%
ROIC(3y)16.39%
ROIC(5y)16.87%
1.3 Margins
GNTX has a better Profit Margin (16.59%) than 100.00% of its industry peers.
In the last couple of years the Profit Margin of GNTX has declined.
With an excellent Operating Margin value of 19.76%, GNTX belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
GNTX's Operating Margin has declined in the last couple of years.
GNTX has a better Gross Margin (33.54%) than 91.46% of its industry peers.
In the last couple of years the Gross Margin of GNTX has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.76% | ||
| PM (TTM) | 16.59% | ||
| GM | 33.54% |
OM growth 3Y-5.06%
OM growth 5Y-5.07%
PM growth 3Y-5.63%
PM growth 5Y-5.25%
GM growth 3Y-2.35%
GM growth 5Y-2.08%
2. Health
2.1 Basic Checks
GNTX has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
The number of shares outstanding for GNTX has been reduced compared to 1 year ago.
GNTX has less shares outstanding than it did 5 years ago.
There is no outstanding debt for GNTX. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
GNTX has an Altman-Z score of 10.27. This indicates that GNTX is financially healthy and has little risk of bankruptcy at the moment.
GNTX's Altman-Z score of 10.27 is amongst the best of the industry. GNTX outperforms 93.90% of its industry peers.
The Debt to FCF ratio of GNTX is 0.01, which is an excellent value as it means it would take GNTX, only 0.01 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.01, GNTX belongs to the top of the industry, outperforming 97.56% of the companies in the same industry.
GNTX has a Debt/Equity ratio of 0.00. This is a healthy value indicating a solid balance between debt and equity.
GNTX has a better Debt to Equity ratio (0.00) than 93.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Altman-Z | 10.27 |
ROIC/WACC1.84
WACC8.78%
2.3 Liquidity
GNTX has a Current Ratio of 3.15. This indicates that GNTX is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of GNTX (3.15) is better than 90.24% of its industry peers.
GNTX has a Quick Ratio of 1.74. This is a normal value and indicates that GNTX is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of GNTX (1.74) is better than 86.59% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.15 | ||
| Quick Ratio | 1.74 |
3. Growth
3.1 Past
The earnings per share for GNTX have decreased by -4.81% in the last year.
The Earnings Per Share has been growing slightly by 1.76% on average over the past years.
GNTX shows a small growth in Revenue. In the last year, the Revenue has grown by 0.61%.
The Revenue has been growing slightly by 4.47% on average over the past years.
EPS 1Y (TTM)-4.81%
EPS 3Y6.5%
EPS 5Y1.76%
EPS Q2Q%-13.21%
Revenue 1Y (TTM)0.61%
Revenue growth 3Y10.14%
Revenue growth 5Y4.47%
Sales Q2Q%7.68%
3.2 Future
Based on estimates for the next years, GNTX will show a quite strong growth in Earnings Per Share. The EPS will grow by 13.88% on average per year.
GNTX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.35% yearly.
EPS Next Y0.3%
EPS Next 2Y5.08%
EPS Next 3Y8.06%
EPS Next 5Y13.88%
Revenue Next Year6.98%
Revenue Next 2Y5.96%
Revenue Next 3Y5.71%
Revenue Next 5Y7.35%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 12.86, GNTX is valued correctly.
Based on the Price/Earnings ratio, GNTX is valued a bit cheaper than 63.41% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 25.89. GNTX is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 11.52 indicates a reasonable valuation of GNTX.
Compared to the rest of the industry, the Price/Forward Earnings ratio of GNTX is on the same level as its industry peers.
GNTX is valuated cheaply when we compare the Price/Forward Earnings ratio to 34.59, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.86 | ||
| Fwd PE | 11.52 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of GNTX is on the same level as its industry peers.
GNTX's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. GNTX is cheaper than 64.63% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.6 | ||
| EV/EBITDA | 8.52 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates GNTX does not grow enough to justify the current Price/Earnings ratio.
GNTX has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)42.87
PEG (5Y)7.33
EPS Next 2Y5.08%
EPS Next 3Y8.06%
5. Dividend
5.1 Amount
GNTX has a Yearly Dividend Yield of 2.06%.
Compared to an average industry Dividend Yield of 4.20, GNTX has a dividend in line with its industry peers.
GNTX's Dividend Yield is comparable with the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.06% |
5.2 History
The dividend of GNTX has a limited annual growth rate of 1.12%.
GNTX has been paying a dividend for at least 10 years, so it has a reliable track record.
GNTX has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)1.12%
Div Incr Years0
Div Non Decr Years21
5.3 Sustainability
GNTX pays out 27.60% of its income as dividend. This is a sustainable payout ratio.
The dividend of GNTX is growing, but earnings are growing more, so the dividend growth is sustainable.
DP27.6%
EPS Next 2Y5.08%
EPS Next 3Y8.06%
22.89
-0.39 (-1.68%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners102.12%
Inst Owner Change-3.09%
Ins Owners0.27%
Ins Owner Change-0.12%
Market Cap5.02B
Revenue(TTM)2.31B
Net Income(TTM)395.58M
Analysts75.71
Price Target30.26 (32.2%)
Short Float %2.46%
Short Ratio2.24
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.06% |
Yearly Dividend0.48
Dividend Growth(5Y)1.12%
DP27.6%
Div Incr Years0
Div Non Decr Years21
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)9.51%
Min EPS beat(2)-1.18%
Max EPS beat(2)20.21%
EPS beat(4)2
Avg EPS beat(4)3.78%
Min EPS beat(4)-12.61%
Max EPS beat(4)20.21%
EPS beat(8)4
Avg EPS beat(8)-0.86%
EPS beat(12)6
Avg EPS beat(12)-0.72%
EPS beat(16)8
Avg EPS beat(16)-1.94%
Revenue beat(2)1
Avg Revenue beat(2)2.12%
Min Revenue beat(2)-0.97%
Max Revenue beat(2)5.2%
Revenue beat(4)2
Avg Revenue beat(4)-1.59%
Min Revenue beat(4)-11.34%
Max Revenue beat(4)5.2%
Revenue beat(8)3
Avg Revenue beat(8)-2.07%
Revenue beat(12)5
Avg Revenue beat(12)-1.46%
Revenue beat(16)6
Avg Revenue beat(16)-1.52%
PT rev (1m)-2.1%
PT rev (3m)0.94%
EPS NQ rev (1m)1.07%
EPS NQ rev (3m)3.12%
EPS NY rev (1m)0.49%
EPS NY rev (3m)9.85%
Revenue NQ rev (1m)0.73%
Revenue NQ rev (3m)1.02%
Revenue NY rev (1m)0.82%
Revenue NY rev (3m)2.05%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.86 | ||
| Fwd PE | 11.52 | ||
| P/S | 2.11 | ||
| P/FCF | 12.6 | ||
| P/OCF | 9.07 | ||
| P/B | 2.07 | ||
| P/tB | 2.76 | ||
| EV/EBITDA | 8.52 |
EPS(TTM)1.78
EY7.78%
EPS(NY)1.99
Fwd EY8.68%
FCF(TTM)1.82
FCFY7.94%
OCF(TTM)2.52
OCFY11.02%
SpS10.87
BVpS11.07
TBVpS8.29
PEG (NY)42.87
PEG (5Y)7.33
Graham Number21.06
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.06% | ||
| ROE | 16.28% | ||
| ROCE | 19.03% | ||
| ROIC | 16.19% | ||
| ROICexc | 17.17% | ||
| ROICexgc | 23.23% | ||
| OM | 19.76% | ||
| PM (TTM) | 16.59% | ||
| GM | 33.54% | ||
| FCFM | 16.72% |
ROA(3y)14.7%
ROA(5y)15.27%
ROE(3y)16.54%
ROE(5y)17.08%
ROIC(3y)16.39%
ROIC(5y)16.87%
ROICexc(3y)18.34%
ROICexc(5y)19.59%
ROICexgc(3y)26.09%
ROICexgc(5y)29.13%
ROCE(3y)19.23%
ROCE(5y)19.78%
ROICexgc growth 3Y-8.78%
ROICexgc growth 5Y-10.64%
ROICexc growth 3Y-5.13%
ROICexc growth 5Y-7.85%
OM growth 3Y-5.06%
OM growth 5Y-5.07%
PM growth 3Y-5.63%
PM growth 5Y-5.25%
GM growth 3Y-2.35%
GM growth 5Y-2.08%
F-Score5
Asset Turnover0.85
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Debt/EBITDA | 0.01 | ||
| Cap/Depr | 155.42% | ||
| Cap/Sales | 6.49% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 96.99% | ||
| Profit Quality | 100.83% | ||
| Current Ratio | 3.15 | ||
| Quick Ratio | 1.74 | ||
| Altman-Z | 10.27 |
F-Score5
WACC8.78%
ROIC/WACC1.84
Cap/Depr(3y)172.18%
Cap/Depr(5y)129%
Cap/Sales(3y)7.51%
Cap/Sales(5y)6.03%
Profit Quality(3y)76.56%
Profit Quality(5y)85.99%
High Growth Momentum
Growth
EPS 1Y (TTM)-4.81%
EPS 3Y6.5%
EPS 5Y1.76%
EPS Q2Q%-13.21%
EPS Next Y0.3%
EPS Next 2Y5.08%
EPS Next 3Y8.06%
EPS Next 5Y13.88%
Revenue 1Y (TTM)0.61%
Revenue growth 3Y10.14%
Revenue growth 5Y4.47%
Sales Q2Q%7.68%
Revenue Next Year6.98%
Revenue Next 2Y5.96%
Revenue Next 3Y5.71%
Revenue Next 5Y7.35%
EBIT growth 1Y-25.05%
EBIT growth 3Y4.57%
EBIT growth 5Y-0.83%
EBIT Next Year13.25%
EBIT Next 3Y9.99%
EBIT Next 5Y12.49%
FCF growth 1Y92.87%
FCF growth 3Y6.42%
FCF growth 5Y-3.67%
OCF growth 1Y41.73%
OCF growth 3Y11.21%
OCF growth 5Y-0.31%
GENTEX CORP / GNTX FAQ
Can you provide the ChartMill fundamental rating for GENTEX CORP?
ChartMill assigns a fundamental rating of 7 / 10 to GNTX.
What is the valuation status of GENTEX CORP (GNTX) stock?
ChartMill assigns a valuation rating of 5 / 10 to GENTEX CORP (GNTX). This can be considered as Fairly Valued.
How profitable is GENTEX CORP (GNTX) stock?
GENTEX CORP (GNTX) has a profitability rating of 8 / 10.
Can you provide the expected EPS growth for GNTX stock?
The Earnings per Share (EPS) of GENTEX CORP (GNTX) is expected to grow by 0.3% in the next year.
How sustainable is the dividend of GENTEX CORP (GNTX) stock?
The dividend rating of GENTEX CORP (GNTX) is 6 / 10 and the dividend payout ratio is 27.6%.