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Gentex Corporation (GNTX)

POSITIVE
Consumer CyclicalAuto PartsUnited States

Fundamental

71

Price

$23.80

Market Cap

$5.01B

Part 1 · What the company is worth

Overview

Gentex Corporation designs, develops, manufactures, markets, and supplies digital vision, connected car, dimmable glass, fire protection technologies, audio products, medical devices, and consumer electronics. It operates through Automotive Products, Audio Products, and Other segments. The company offers automotive products, including interior and exterior electrochromic automatic-dimming rearview mirrors, automotive electronics, and non-automatic-dimming rearview mirrors for automotive passenger cars, light trucks, pick-up trucks, sport utility vehicles, and vans for original equipment manufacturers, automotive suppliers, and various aftermarket and accessory customers; and HomeLink modules for the automotive industry. It also provides variable dimmable windows to aircraft manufacturers and airline operators. In addition, the company offers photoelectric smoke detectors and alarms, visual signaling alarms, photoelectric smoke alarms, electrochemical carbon monoxide alarms and detectors, audible and visual signaling appliances, and bells and speakers used in fire detection systems in office buildings, hotels, and other commercial and residential buildings. It sells its fire protection products directly, as well as through sales managers and manufacturer representative organizations to fire protection and security product distributors, electrical wholesale houses, and original equipment manufacturers of fire protection systems. Further, the company is involved in the research and development of nanofiber chemical sensing products; and market and sale of eSight smart glasses to consumers with visual impairment or eye conditions, as well as of identity authentication and access control products that utilizes biometrics technology. It operates in the United States, China, Germany, Japan, Mexico, South Korea, and internationally. Gentex Corporation was incorporated in 1974 and is headquartered in Zeeland, Michigan.

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Direct competitors

Who this company fights with for the same customers

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No competitor list for this company yet.

Balance Sheet & Liquidity

Revenue

$2.63B

Trailing 12 months (through 6/30/2026)

Net Income

$407M

Trailing 12 months (through 6/30/2026)

Free Cash Flow

$458M

Total Equity

$2.49B

Total Liabilities

$438M

Current Ratio

3.04

Interest Coverage

-

Debt/EBITDA

0.02

Earnings Per Share

Revenue & Net Income

Free Cash Flow

Income Breakdown

Historical statement

Margins over time

Debt over time

How heavy the debt is

Growth grid

Growth — Revenue

Fair Value Estimation

CyclicalUndervalued

Fair Value

$33.76

Current Price

$23.80

Margin of Safety

+29.5%

Fair Value Range

$22.13 - $45.40

Estimation Methods

Analyst price target:$27.78
Discounted cash flow (DCF):Not applicable to this type of company
Earnings multiple (P/E):$20.57
Graham growth formula:Not applicable to this type of company
Earnings power value (EPV):$20.44
Justified P/B:Not applicable to this type of company
Dividend discount (Gordon):Not applicable to this type of company
P/FFO, funds from operations:Not applicable to this type of company
Mid-cycle earnings:$46.65
Revenue multiple:Not applicable to this type of company
Analyst Consensus:Buy (8B / 7H / 0S)
Last Earnings Surprise:+14.06%

Valuation Metrics

P/E Ratio

12.48

ROE

15.5%

P/B Ratio

1.96

P/FCF

10.01

Gross Margin

35.0%

ROIC

15.4%

Profitability Radar

Value Creation (Economic Moat)

ROIC

15.4%

WACC

9.2%

ROIC − WACC

+6.2 pp

ROIC exceeds the cost of capital — the company is creating value for shareholders.

Fundamental Analysis Criteria

Passed (20)

  • EPS shows upward trend
  • EPS CAGR 8.42%
  • ROIC 15.5%
  • Gross Margin 35.0%
  • P/FCF 10.01
  • P/B Ratio 1.96
  • Debt/Equity ratio
  • Operating Margin 19.3%
  • Positive Free Cash Flow
  • CapEx intensity
  • Current Ratio
  • Debt/EBITDA
  • Return on Tangible Assets
  • ROE 16.2%
  • Revenue Growth 5Y 8.5%
  • Analyst Consensus 53% Buy
  • Earnings Surprise avg 4.7%
  • Earnings Quality (OCF/NI) 1.46
  • Share Dilution -3.8%
  • Piotroski F-Score 6/9

Failed (6)

  • Price CAGR 1.85%
  • Low reliance on intangibles
  • Price below Graham Number
  • DCF valuation (Fairly valued)
  • PEG Ratio 2.81
  • Net Margin Trend 15.5% vs 16.8%

Unavailable (2)

  • Dividend Payout NaN%
  • Interest Coverage

Piotroski F-Score

6/9

Mixed signals: some areas need attention

score
criteria

Earnings Quality

1.46

High quality: earnings backed by cash

Share Dilution

-3.8%

Buying back shares. Shareholder friendly

Governance

Executive Team

NameTitleAge
Mr. Steven R. DowningPresident, CEO & Director47
Mr. Kevin C. Nash C.M.A.VP of Finance, CFO, Treasurer & Chief Accounting Officer50
Mr. Neil BoehmCOO & CTO53
Mr. Scott Ryan J.D.VP, General Counsel, Corporate Secretary & Sustainability Officer44
Mr. Matthew ChiodoSenior VP of Sales & Chief Sales Officer60
Mr. Josh O'BerskiVice President of Investor Relations-
Mr. Craig PiersmaVice President of Marketing & Corporate Communications-
Mr. Seth BushouseVice President of Human Resources-
Ms. Rosa EstradaVP of Accounting & Corporate Controller-

Audit Risk

2

Board Risk

4

Compensation Risk

4

Shareholder Rights Risk

6

Part 2 · The price and when to enter

This part won't tell you whether the company is worth owning: it helps you choose when to buy it, once the fundamentals have convinced you. Inside: technical analysis, potential, historical drawdowns, gamma exposure.

Latest News

Recent headlines for GNTX, sourced from Markets Gazette.

No recent news for GNTX.