GENTEX CORP (GNTX) Stock Fundamental Analysis
USA - NASDAQ:GNTX - US3719011096 - Common Stock
21.83 USD
-0.32 (-1.44%)
21.83 USD
0 (0%)
Taking everything into account, GNTX scores 7 out of 10 in our fundamental rating. GNTX was compared to 82 industry peers in the Automobile Components industry. GNTX has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. 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.
In the past 5 years GNTX has always been profitable.
GNTX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
GNTX's Return On Assets of 14.06% is amongst the best of the industry. GNTX outperforms 97.56% of its industry peers.
With an excellent Return On Equity value of 16.28%, GNTX belongs to the best of the industry, outperforming 93.90% of the companies in the same industry.
GNTX's Return On Invested Capital of 16.19% is amongst the best of the industry. GNTX outperforms 96.34% of its industry peers.
GNTX had an Average Return On Invested Capital over the past 3 years of 16.39%. This 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
Looking at the Profit Margin, with a value of 16.59%, GNTX belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
GNTX's Profit Margin has declined in the last couple of years.
The Operating Margin of GNTX (19.76%) is better than 100.00% of its industry peers.
GNTX's Operating Margin has declined in the last couple of years.
GNTX has a Gross Margin of 33.54%. This is amongst the best in the industry. GNTX outperforms 91.46% of its industry peers.
GNTX's Gross Margin has declined in the last couple of years.
| 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.
GNTX has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, GNTX has less shares outstanding
GNTX has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
An Altman-Z score of 10.02 indicates that GNTX is not in any danger for bankruptcy at the moment.
GNTX's Altman-Z score of 10.02 is amongst the best of the industry. GNTX outperforms 95.12% of its industry peers.
GNTX has a debt to FCF ratio of 0.01. This is a very positive value and a sign of high solvency as it would only need 0.01 years to pay back of all of its debts.
GNTX's Debt to FCF ratio of 0.01 is amongst the best of the industry. GNTX outperforms 97.56% of its industry peers.
A Debt/Equity ratio of 0.00 indicates that GNTX is not too dependend on debt financing.
GNTX's Debt to Equity ratio of 0.00 is amongst the best of the industry. GNTX outperforms 93.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Altman-Z | 10.02 |
ROIC/WACC1.85
WACC8.77%
2.3 Liquidity
A Current Ratio of 3.15 indicates that GNTX has no problem at all paying 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.
With an excellent Quick ratio value of 1.74, GNTX belongs to the best of the industry, outperforming 86.59% of the companies in the same industry.
| 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.
Looking at the last year, GNTX shows a small growth in Revenue. The Revenue has grown by 0.61% in the last year.
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.
The Revenue is expected to grow by 7.35% on average over the next years.
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 12.26, the valuation of GNTX can be described as correct.
GNTX's Price/Earnings ratio is a bit cheaper when compared to the industry. GNTX is cheaper than 63.41% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 25.07. GNTX is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 10.98 indicates a reasonable valuation of GNTX.
GNTX's Price/Forward Earnings is on the same level as the industry average.
GNTX's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 34.08.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.26 | ||
| Fwd PE | 10.98 |
4.2 Price Multiples
GNTX's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, GNTX is valued a bit cheaper than the industry average as 65.85% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.01 | ||
| EV/EBITDA | 8.23 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The excellent profitability rating of GNTX may justify a higher PE ratio.
PEG (NY)40.88
PEG (5Y)6.99
EPS Next 2Y5.08%
EPS Next 3Y8.06%
5. Dividend
5.1 Amount
GNTX has a Yearly Dividend Yield of 2.06%. Purely for dividend investing, there may be better candidates out there.
The stock price of GNTX dropped by -22.48% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
GNTX's Dividend Yield is comparable with the industry average which is at 4.20.
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 its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
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%
21.83
-0.32 (-1.44%)
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 Cap4.79B
Revenue(TTM)2.31B
Net Income(TTM)395.58M
Analysts75.71
Price Target30.26 (38.62%)
Short Float %3.24%
Short Ratio2.62
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 | 12.26 | ||
| Fwd PE | 10.98 | ||
| P/S | 2.01 | ||
| P/FCF | 12.01 | ||
| P/OCF | 8.65 | ||
| P/B | 1.97 | ||
| P/tB | 2.63 | ||
| EV/EBITDA | 8.23 |
EPS(TTM)1.78
EY8.15%
EPS(NY)1.99
Fwd EY9.1%
FCF(TTM)1.82
FCFY8.32%
OCF(TTM)2.52
OCFY11.56%
SpS10.87
BVpS11.07
TBVpS8.29
PEG (NY)40.88
PEG (5Y)6.99
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 | 10.02 |
F-Score5
WACC8.77%
ROIC/WACC1.85
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%.