GENTEX CORP (GNTX) Stock Fundamental Analysis
USA - NASDAQ:GNTX - US3719011096 - Common Stock
23.48 USD
+0.42 (+1.82%)
23.48 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. GNTX scores excellent points on both the profitability and health parts. This is a solid base for a good stock. GNTX has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
GNTX had positive earnings in the past year.
GNTX had a positive operating cash flow in the past year.
GNTX had positive earnings in each of the past 5 years.
GNTX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 14.06%, GNTX belongs to the best 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.
The Return On Invested Capital of GNTX (16.19%) is better than 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 8.52%.
| 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
With an excellent Profit Margin value of 16.59%, GNTX belongs to the best 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.
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
GNTX has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it 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
An Altman-Z score of 10.33 indicates that GNTX is not in any danger for bankruptcy at the moment.
The Altman-Z score of GNTX (10.33) is better than 93.90% 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.
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.
Looking at the Debt to Equity ratio, with a value of 0.00, GNTX belongs to the top of the industry, outperforming 95.12% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Altman-Z | 10.33 |
ROIC/WACC1.85
WACC8.75%
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.
GNTX has a Current ratio of 3.15. This is amongst the best in the industry. GNTX outperforms 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
GNTX shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -4.81%.
The Earnings Per Share has been growing slightly by 1.76% on average over the past years.
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
The Earnings Per Share is expected to grow by 14.48% on average over the next years. This is quite good.
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
GNTX is valuated correctly with a Price/Earnings ratio of 13.19.
Based on the Price/Earnings ratio, GNTX is valued a bit cheaper than the industry average as 64.63% of the companies are valued more expensively.
GNTX's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.83.
With a Price/Forward Earnings ratio of 11.57, the valuation of GNTX can be described as very reasonable.
GNTX's Price/Forward Earnings ratio is in line with the industry average.
GNTX is valuated cheaply when we compare the Price/Forward Earnings ratio to 32.68, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.19 | ||
| Fwd PE | 11.57 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as GNTX.
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 | 12.92 | ||
| EV/EBITDA | 8.58 |
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)34.62
PEG (5Y)7.51
EPS Next 2Y6.18%
EPS Next 3Y9.02%
5. Dividend
5.1 Amount
GNTX has a Yearly Dividend Yield of 2.08%.
Compared to an average industry Dividend Yield of 4.29, GNTX has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.37, GNTX has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.08% |
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 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.
GNTX's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP27.6%
EPS Next 2Y6.18%
EPS Next 3Y9.02%
23.48
+0.42 (+1.82%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners102.12%
Inst Owner Change0.14%
Ins Owners0.27%
Ins Owner Change4.92%
Market Cap5.15B
Revenue(TTM)2.31B
Net Income(TTM)395.58M
Analysts75.71
Price Target30.26 (28.88%)
Short Float %2.46%
Short Ratio2.24
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.08% |
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)-1.57%
PT rev (3m)9.82%
EPS NQ rev (1m)2.53%
EPS NQ rev (3m)14.98%
EPS NY rev (1m)0.57%
EPS NY rev (3m)9.94%
Revenue NQ rev (1m)1.33%
Revenue NQ rev (3m)6.65%
Revenue NY rev (1m)0.31%
Revenue NY rev (3m)3.7%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.19 | ||
| Fwd PE | 11.57 | ||
| P/S | 2.16 | ||
| P/FCF | 12.92 | ||
| P/OCF | 9.31 | ||
| P/B | 2.12 | ||
| P/tB | 2.83 | ||
| EV/EBITDA | 8.58 |
EPS(TTM)1.78
EY7.58%
EPS(NY)2.03
Fwd EY8.64%
FCF(TTM)1.82
FCFY7.74%
OCF(TTM)2.52
OCFY10.74%
SpS10.87
BVpS11.07
TBVpS8.29
PEG (NY)34.62
PEG (5Y)7.51
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 | 10.33 |
F-Score5
WACC8.75%
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 Y0.38%
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%.