GENTEX CORP (GNTX) Stock Fundamental Analysis
USA - NASDAQ:GNTX - US3719011096 - Common Stock
22.42 USD
+0.59 (+2.7%)
22.42 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 gets an excellent profitability rating and is at the same time showing great financial health properties. GNTX is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year GNTX was profitable.
In the past year GNTX had a positive cash flow from operations.
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.
The Return On Equity of GNTX (16.28%) is better than 93.90% of its industry peers.
Looking at the Return On Invested Capital, with a value of 16.19%, GNTX belongs to the top of the industry, outperforming 96.34% of the companies in the same industry.
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
GNTX's Profit Margin of 16.59% is amongst the best of the industry. GNTX outperforms 100.00% of its industry peers.
In the last couple of years the Profit Margin of GNTX has declined.
The Operating Margin of GNTX (19.76%) is better than 100.00% of its industry peers.
In the last couple of years the Operating Margin of GNTX has declined.
GNTX has a better Gross Margin (33.54%) than 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
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
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
GNTX has an Altman-Z score of 9.91. This indicates that GNTX is financially healthy and has little risk of bankruptcy at the moment.
GNTX's Altman-Z score of 9.91 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 | 9.91 |
ROIC/WACC1.85
WACC8.74%
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.
With an excellent Current ratio value of 3.15, GNTX belongs to the best of the industry, outperforming 90.24% of the companies in the same industry.
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.
GNTX has a Quick ratio of 1.74. This is amongst the best in the industry. GNTX outperforms 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.
GNTX shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.76% yearly.
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.
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
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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
The Price/Earnings ratio is 12.60, which indicates a correct valuation of GNTX.
Based on the Price/Earnings ratio, GNTX is valued a bit cheaper than 63.41% of the companies in the same industry.
GNTX is valuated cheaply when we compare the Price/Earnings ratio to 25.45, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 11.28, the valuation of GNTX can be described as very reasonable.
The rest of the industry has a similar Price/Forward Earnings ratio as GNTX.
When comparing the Price/Forward Earnings ratio of GNTX to the average of the S&P500 Index (34.46), we can say GNTX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.6 | ||
| Fwd PE | 11.28 |
4.2 Price Multiples
GNTX's Enterprise Value to EBITDA ratio is in line with the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of GNTX indicates a somewhat cheap valuation: GNTX is cheaper than 67.07% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.34 | ||
| EV/EBITDA | 8.11 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
GNTX has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)41.99
PEG (5Y)7.18
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 -20.38% 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.
Compared to an average industry Dividend Yield of 4.20, GNTX has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.45, GNTX has a dividend comparable with the average S&P500 company.
| 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 paid a dividend for at least 10 years, which is 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
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 2Y5.08%
EPS Next 3Y8.06%
22.42
+0.59 (+2.7%)
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 Cap4.92B
Revenue(TTM)2.31B
Net Income(TTM)395.58M
Analysts75.71
Price Target30.26 (34.97%)
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 | 12.6 | ||
| Fwd PE | 11.28 | ||
| P/S | 2.06 | ||
| P/FCF | 12.34 | ||
| P/OCF | 8.89 | ||
| P/B | 2.03 | ||
| P/tB | 2.7 | ||
| EV/EBITDA | 8.11 |
EPS(TTM)1.78
EY7.94%
EPS(NY)1.99
Fwd EY8.87%
FCF(TTM)1.82
FCFY8.11%
OCF(TTM)2.52
OCFY11.25%
SpS10.87
BVpS11.07
TBVpS8.29
PEG (NY)41.99
PEG (5Y)7.18
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 | 9.91 |
F-Score5
WACC8.74%
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%.