GENTEX CORP (GNTX) Stock Fundamental Analysis
USA - NASDAQ:GNTX - US3719011096 - Common Stock
23.64 USD
-2.68 (-10.18%)
23.75 USD
+0.11 (+0.47%)
GNTX gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 83 industry peers in the Automobile Components industry. GNTX gets an excellent profitability rating and is at the same time showing great financial health properties. GNTX has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
GNTX had positive earnings in the past year.
In the past year GNTX had a positive cash flow from operations.
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 has a Return On Assets of 14.06%. This is amongst the best in the industry. GNTX outperforms 97.59% of its industry peers.
Looking at the Return On Equity, with a value of 16.28%, GNTX belongs to the top of the industry, outperforming 95.18% of the companies in the same industry.
GNTX has a better Return On Invested Capital (16.19%) than 96.39% 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 8.52%.
| 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
The Profit Margin of GNTX (16.59%) is better than 100.00% of its industry peers.
GNTX's Profit Margin has declined in the last couple of years.
GNTX has a better Operating Margin (19.76%) than 100.00% of its industry peers.
GNTX's Operating Margin has declined in the last couple of years.
The Gross Margin of GNTX (33.54%) is better than 91.57% 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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), GNTX is creating value.
Compared to 1 year ago, GNTX has less shares outstanding
The number of shares outstanding for GNTX has been reduced compared to 5 years ago.
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
GNTX has an Altman-Z score of 10.53. This indicates that GNTX is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 10.53, GNTX belongs to the best of the industry, outperforming 93.98% of the companies in the same industry.
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.
With an excellent Debt to FCF ratio value of 0.01, GNTX belongs to the best of the industry, outperforming 97.59% of the companies in the same industry.
A Debt/Equity ratio of 0.00 indicates that GNTX is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.00, GNTX belongs to the top of the industry, outperforming 95.18% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Altman-Z | 10.53 |
ROIC/WACC1.78
WACC9.1%
2.3 Liquidity
A Current Ratio of 3.15 indicates that GNTX has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 3.15, GNTX belongs to the top of the industry, outperforming 90.36% of the companies in the same industry.
A Quick Ratio of 1.74 indicates that GNTX should not have too much problems paying its short term obligations.
GNTX has a Quick ratio of 1.74. This is amongst the best in the industry. GNTX outperforms 86.75% 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.
GNTX shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.76% yearly.
The Revenue has been growing slightly by 0.61% in the past year.
GNTX shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.47% yearly.
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 14.48% on average per year.
Based on estimates for the next years, GNTX will show a small growth in Revenue. The Revenue will grow by 7.37% on average per year.
EPS Next Y0.38%
EPS Next 2Y6.18%
EPS Next 3Y9.02%
EPS Next 5Y14.48%
Revenue Next Year6.45%
Revenue Next 2Y6.25%
Revenue Next 3Y5.96%
Revenue Next 5Y7.37%
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
Based on the Price/Earnings ratio of 13.28, 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 62.65% of the companies in the same industry.
GNTX's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.91.
The Price/Forward Earnings ratio is 11.65, which indicates a very decent 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 valuation a bit cheaper than the S&P500 average which is at 22.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.28 | ||
| Fwd PE | 11.65 |
4.2 Price Multiples
GNTX's Enterprise Value to EBITDA is on the same level as the industry average.
GNTX's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. GNTX is cheaper than 63.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.01 | ||
| EV/EBITDA | 8.8 |
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)34.85
PEG (5Y)7.57
EPS Next 2Y6.18%
EPS Next 3Y9.02%
5. Dividend
5.1 Amount
GNTX has a Yearly Dividend Yield of 1.82%.
Compared to an average industry Dividend Yield of 4.41, GNTX has a dividend in line with its industry peers.
Compared to the average S&P500 Dividend Yield of 2.32, GNTX is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.82% |
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
27.60% of the earnings are spent on dividend by GNTX. This is a low number and sustainable payout ratio.
The dividend of GNTX is growing, but earnings are growing more, so the dividend growth is sustainable.
DP27.6%
EPS Next 2Y6.18%
EPS Next 3Y9.02%
23.64
-2.68 (-10.18%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners102.12%
Inst Owner Change-0.15%
Ins Owners0.27%
Ins Owner Change5.72%
Market Cap5.19B
Revenue(TTM)2.31B
Net Income(TTM)395.58M
Analysts72.86
Price Target30.91 (30.75%)
Short Float %2.88%
Short Ratio2.63
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.82% |
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)0.54%
PT rev (3m)12.17%
EPS NQ rev (1m)2.17%
EPS NQ rev (3m)15.44%
EPS NY rev (1m)0.57%
EPS NY rev (3m)9.94%
Revenue NQ rev (1m)0.6%
Revenue NQ rev (3m)6.08%
Revenue NY rev (1m)0.31%
Revenue NY rev (3m)3.7%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.28 | ||
| Fwd PE | 11.65 | ||
| P/S | 2.18 | ||
| P/FCF | 13.01 | ||
| P/OCF | 9.37 | ||
| P/B | 2.14 | ||
| P/tB | 2.85 | ||
| EV/EBITDA | 8.8 |
EPS(TTM)1.78
EY7.53%
EPS(NY)2.03
Fwd EY8.59%
FCF(TTM)1.82
FCFY7.69%
OCF(TTM)2.52
OCFY10.67%
SpS10.87
BVpS11.07
TBVpS8.29
PEG (NY)34.85
PEG (5Y)7.57
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 | 10.53 |
F-Score5
WACC9.1%
ROIC/WACC1.78
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 Y0.38%
EPS Next 2Y6.18%
EPS Next 3Y9.02%
EPS Next 5Y14.48%
Revenue 1Y (TTM)0.61%
Revenue growth 3Y10.14%
Revenue growth 5Y4.47%
Sales Q2Q%7.68%
Revenue Next Year6.45%
Revenue Next 2Y6.25%
Revenue Next 3Y5.96%
Revenue Next 5Y7.37%
EBIT growth 1Y-25.05%
EBIT growth 3Y4.57%
EBIT growth 5Y-0.83%
EBIT Next Year13.25%
EBIT Next 3Y9.99%
EBIT Next 5Y12.58%
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 0.38% 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%.