GENTEX CORP (GNTX)
US3719011096 - Common Stock
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 is valied quite expensively at the moment, while it does show a decent growth rate. This makes GNTX very considerable for quality investing!
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.
Each year in the past 5 years GNTX had a positive operating cash flow.
1.2 Ratios
GNTX has a better Return On Assets (19.53%) than 100.00% of its industry peers.
The Return On Equity of GNTX (22.10%) is better than 95.06% of its industry peers.
GNTX's Return On Invested Capital of 22.04% is amongst the best of the industry. GNTX outperforms 98.77% 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 9.39%.
The 3 year average ROIC (17.11%) for GNTX is below the current ROIC(22.04%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 19.53% | ||
| ROE | 22.1% | ||
| ROIC | 22.04% |
ROA(3y)15.44%
ROA(5y)16.25%
ROE(3y)17.26%
ROE(5y)18.17%
ROIC(3y)17.11%
ROIC(5y)17.91%
1.3 Margins
GNTX has a better Profit Margin (18.10%) than 98.77% of its industry peers.
GNTX's Profit Margin has declined in the last couple of years.
GNTX has a Operating Margin of 21.42%. This is amongst the best in the industry. GNTX outperforms 100.00% of its industry peers.
GNTX's Operating Margin has declined in the last couple of years.
The Gross Margin of GNTX (33.90%) is better than 91.36% of its industry peers.
GNTX's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 21.42% | ||
| PM (TTM) | 18.1% | ||
| GM | 33.9% |
OM growth 3Y-3.76%
OM growth 5Y-4.89%
PM growth 3Y-3.29%
PM growth 5Y-5.12%
GM growth 3Y-2.78%
GM growth 5Y-2.5%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so GNTX is creating value.
The number of shares outstanding for GNTX has been reduced compared to 1 year ago.
Compared to 5 years ago, GNTX has less shares outstanding
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
An Altman-Z score of 15.73 indicates that GNTX is not in any danger for bankruptcy at the moment.
The Altman-Z score of GNTX (15.73) is better than 97.53% of its industry peers.
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.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 15.73 |
ROIC/WACC2.44
WACC9.05%
2.3 Liquidity
A Current Ratio of 3.69 indicates that GNTX has no problem at all paying its short term obligations.
With an excellent Current ratio value of 3.69, GNTX belongs to the best of the industry, outperforming 92.59% of the companies in the same industry.
GNTX has a Quick Ratio of 2.11. This indicates that GNTX is financially healthy and has no problem in meeting its short term obligations.
GNTX's Quick ratio of 2.11 is amongst the best of the industry. GNTX outperforms 90.12% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.69 | ||
| Quick Ratio | 2.11 |
3. Growth
3.1 Past
GNTX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 9.36%, which is quite good.
GNTX shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 2.45% yearly.
Looking at the last year, GNTX shows a very strong growth in Revenue. The Revenue has grown by 33.91%.
The Revenue has been growing slightly by 4.62% on average over the past years.
EPS 1Y (TTM)9.36%
EPS 3Y8.51%
EPS 5Y2.45%
EPS Q2Q%17.78%
Revenue 1Y (TTM)33.91%
Revenue growth 3Y10.85%
Revenue growth 5Y4.62%
Sales Q2Q%5.67%
3.2 Future
The Earnings Per Share is expected to grow by 10.78% on average over the next years. This is quite good.
GNTX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.82% yearly.
EPS Next Y3.11%
EPS Next 2Y7.84%
EPS Next 3Y8.2%
EPS Next 5Y10.78%
Revenue Next Year4.27%
Revenue Next 2Y5.07%
Revenue Next 3Y5.28%
Revenue Next 5Y5.82%
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
A Price/Earnings ratio of 15.98 indicates a correct valuation of GNTX.
GNTX's Price/Earnings ratio is in line with the industry average.
GNTX is valuated rather cheaply when we compare the Price/Earnings ratio to 28.96, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 13.96, which indicates a correct valuation of GNTX.
GNTX's Price/Forward Earnings is on the same level as the industry average.
GNTX is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.82, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.98 | ||
| Fwd PE | 13.96 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, GNTX is valued a bit more expensive than the industry average as 61.73% of the companies are valued more cheaply.
Based on the Price/Free Cash Flow ratio, GNTX is valued a bit more expensive than the industry average as 62.96% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.95 | ||
| EV/EBITDA | 9.07 |
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)5.14
PEG (5Y)6.51
EPS Next 2Y7.84%
EPS Next 3Y8.2%
5. Dividend
5.1 Amount
GNTX has a Yearly Dividend Yield of 1.58%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 4.30, GNTX is paying slightly less dividend.
GNTX's Dividend Yield is slightly below the S&P500 average, which is at 2.23.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.58% |
5.2 History
The dividend of GNTX has a limited annual growth rate of 2.19%.
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)2.19%
Div Incr Years0
Div Non Decr Years20
5.3 Sustainability
20.79% 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.
DP20.79%
EPS Next 2Y7.84%
EPS Next 3Y8.2%
GENTEX CORP
NASDAQ:GNTX (11/21/2024, 8:00:01 PM)
After market: 29.88 0 (0%)29.88
+0.38 (+1.29%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap6.80B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.58% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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EPS beat(4)
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EPS beat(8)
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EPS beat(16)
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Revenue beat(2)
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Revenue beat(4)
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Revenue beat(8)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.98 | ||
| Fwd PE | 13.96 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)5.14
PEG (5Y)6.51
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 19.53% | ||
| ROE | 22.1% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 21.42% | ||
| PM (TTM) | 18.1% | ||
| GM | 33.9% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.08
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 3.69 | ||
| Quick Ratio | 2.11 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)9.36%
EPS 3Y8.51%
EPS 5Y
EPS Q2Q%
EPS Next Y3.11%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)33.91%
Revenue growth 3Y10.85%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y