GNTX - Gentex Corp Stock Price, Fair Value and News

34.86USD+0.20 (+0.58%)Market Closed

Market Summary

USD34.86+0.20

Market Closed

0.58%

GNTX Stock Price

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GNTX RSI Chart

GNTX Valuation

Market Cap

8.0B

Price/Earnings (Trailing)

18.25

Price/Sales (Trailing)

3.43

EV/EBITDA

12.73

Price/Free Cashflow

14.67

GNTX Price/Sales (Trailing)

GNTX Profitability

EBT Margin

22.09%

Return on Equity

18.48%

Return on Assets

16.18%

Free Cashflow Yield

6.82%

GNTX Fundamentals

GNTX Revenue

Revenue (TTM)

2.3B

Rev. Growth (Yr)

7.17%

Rev. Growth (Qtr)

0.19%

GNTX Earnings

Earnings (TTM)

439.1M

Earnings Growth (Yr)

10.92%

Earnings Growth (Qtr)

-7.45%

Breaking Down GNTX Revenue

52 Week Range

25.8634.86

(Low)(High)

Last 7 days

1.1%

Last 30 days

-3.4%

Last 90 days

0.4%

Trailing 12 Months

20.9%

How does GNTX drawdown profile look like?

GNTX Financial Health

Current Ratio

3.52

GNTX Investor Care

Dividend Yield

1.38%

Dividend/Share (TTM)

0.48

Buy Backs (1Y)

1.08%

Diluted EPS (TTM)

1.89

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	2.3B	0	0	0
2023	2.0B	2.1B	2.2B	2.3B
2022	1.7B	1.8B	1.8B	1.9B
2021	1.7B	1.9B	1.8B	1.7B
2020	1.8B	1.6B	1.6B	1.7B
2019	1.8B	1.9B	1.9B	1.9B
2018	1.8B	1.8B	1.8B	1.8B
2017	1.7B	1.7B	1.8B	1.8B
2016	1.6B	1.6B	1.7B	1.7B
2015	1.4B	1.4B	1.5B	1.5B
2014	1.2B	1.3B	1.4B	1.4B
2013	1.1B	1.1B	1.1B	1.2B
2012	1.1B	1.1B	1.1B	1.1B
2011	881.4M	922.9M	985.5M	1.0B
2010	636.5M	720.7M	771.8M	816.3M
2009	0	597.4M	570.9M	544.5M
2008	0	0	0	623.8M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Gentex Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Feb 29, 2024	nash kevin c	gifted	-66,886	36.53	-1,831	chief financial officer
Feb 20, 2024	chiodo matthew	acquired	-	-	8,290	vice president of sales
Feb 20, 2024	downing steven r	sold (taxes)	-1,052,710	35.0111	-30,068	president and ceo
Feb 20, 2024	ryan scott p	acquired	286,750	22.94	12,500	general counsel
Feb 20, 2024	chiodo matthew	sold (taxes)	-501,254	35.0111	-14,317	vice president of sales
Feb 20, 2024	ryan scott p	sold (taxes)	-220,010	35.0111	-6,284	general counsel
Feb 20, 2024	downing steven r	acquired	-	-	25,203	president and ceo
Feb 20, 2024	nash kevin c	sold	-446,087	33.0435	-13,500	chief financial officer
Feb 20, 2024	nash kevin c	sold (taxes)	-249,804	35.0111	-7,135	chief financial officer
Feb 20, 2024	ryan scott p	acquired	-	-	7,636	general counsel

Which funds bought or sold GNTX recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 06, 2024	SG Americas Securities, LLC	added	72.19	150,000	316,000	-%
May 06, 2024	DiNuzzo Private Wealth, Inc.	unchanged	-	114	1,192	-%
May 06, 2024	BUCKHEAD CAPITAL MANAGEMENT LLC	reduced	-9.12	21,787	4,346,470	1.47%
May 06, 2024	Quantbot Technologies LP	sold off	-100	-611,885	-	-%
May 06, 2024	Mesirow Institutional Investment Management, Inc.	added	12.65	2,817,810	14,278,900	1.27%
May 06, 2024	NEW YORK LIFE INVESTMENT MANAGEMENT LLC	reduced	-4.11	48,472	849,687	0.01%
May 06, 2024	Empowered Funds, LLC	new	-	352,892	352,892	0.01%
May 06, 2024	GREENUP STREET WEALTH MANAGEMENT LLC	unchanged	-	24,070	251,286	0.06%
May 06, 2024	Investors Research Corp	unchanged	-	875	9,138	-%
May 06, 2024	Merit Financial Group, LLC	added	15.91	128,899	739,125	0.02%

Are Funds Buying or Selling GNTX?

Are funds buying GNTX calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own GNTX

No. of Funds

Unveiling Gentex Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	9.55%	22,280,716	SC 13G/A
Jan 25, 2024	blackrock inc.	8.9%	20,726,451	SC 13G/A
Feb 09, 2023	vanguard group inc	10.15%	23,811,022	SC 13G/A
Jan 27, 2023	blackrock inc.	9.3%	21,699,625	SC 13G/A
Jan 24, 2023	blackrock inc.	9.3%	21,699,625	SC 13G/A
Feb 10, 2022	vanguard group inc	10.12%	23,944,606	SC 13G/A
Feb 01, 2022	blackrock inc.	8.8%	20,799,366	SC 13G/A
Apr 12, 2021	vanguard group inc	10.26%	24,997,451	SC 13G/A
Feb 10, 2021	vanguard group inc	9.36%	22,944,337	SC 13G/A
Jan 29, 2021	blackrock inc.	8.9%	21,745,806	SC 13G/A

Recent SEC filings of Gentex Corp

View All Filings

Date Filed	Form Type	Document
May 03, 2024	10-Q	Quarterly Report
Apr 26, 2024	8-K	Current Report
Apr 04, 2024	ARS	ARS
Apr 04, 2024	DEF 14A	DEF 14A
Apr 04, 2024	DEFA14A	DEFA14A
Mar 01, 2024	4	Insider Trading
Feb 22, 2024	10-K	Annual Report
Feb 21, 2024	4	Insider Trading
Feb 21, 2024	4	Insider Trading
Feb 21, 2024	4	Insider Trading

Peers (Alternatives to Gentex Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
TSLA	567.1B	94.7B	7.83%	3.50%	41.66	5.99	10.12%	15.85%
GM	52.3B	174.9B	2.40%	34.55%	4.9	0.3	8.79%	13.26%
F	48.4B	177.5B	-8.43%	1.16%	12.3	0.27	7.54%	33.01%
APTV	22.6B	20.1B	11.07%	-11.67%	7.54	1.12	11.06%	348.88%
KMX	10.9B	26.5B	-15.04%	-4.84%	22.74	0.41	-10.61%	-1.15%
MID-CAP
BWA	8.4B	14.4B	6.39%	-18.23%	13.66	0.58	5.28%	-36.11%
ALSN	6.6B	3.1B	-8.13%	57.17%	9.84	2.15	8.82%	17.48%
ABG	4.4B	15.4B	-2.09%	8.67%	7.79	0.29	2.10%	-39.62%
GT	3.5B	19.7B	-4.09%	8.85%	-5.47	0.18	-5.64%	-9328.57%
ADNT	2.5B	15.2B	-10.95%	-22.64%	15.77	0.16	3.04%	1216.67%
SMALL-CAP
BLBD	1.2B	1.2B	-0.85%	87.90%	19.51	0.98	33.91%	215.64%
AXL	891.1M	6.2B	4.40%	4.26%	-111.38	0.14	5.67%	-113.75%
CAAS	105.0M	576.4M	-6.70%	-19.82%	2.79	0.18	8.84%	77.79%
WKHS	63.0M	13.1M	-4.76%	-80.77%	-0.51	4.81	160.69%	-5.67%
AYRO	5.8M	498.9K	-23.87%	131.37%	-0.17	11.61	-83.32%	-48.94%

Gentex Corp News

Latest updates

Gentex Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	0.2%	590	589	576	583	551	494	494	463	468	420	400	428	484	530	475	230	454	444	478	469	469
Gross Profit	-0.6%	202	203	191	193	175	154	147	148	160	144	141	152	183	217	188	44.00	157	162	180	177	170
Operating Expenses	3.3%	73.00	71.00	69.00	66.00	61.00	60.00	60.00	63.00	57.00	56.00	53.00	52.00	50.00	54.00	49.00	51.00	52.00	51.00	52.00	49.00	48.00
S&GA Expenses	5.7%	31.00	29.00	29.00	28.00	27.00	25.00	27.00	30.00	25.00	25.00	23.00	23.00	22.00	25.00	22.00	22.00	22.00	22.00	23.00	20.00	20.00
R&D Expenses	1.6%	42.00	42.00	40.00	38.00	35.00	35.00	34.00	33.00	32.00	31.00	30.00	29.00	28.00	30.00	28.00	29.00	30.00	29.00	29.00	28.00	28.00
EBITDA Margin	0.2%	0.26*	0.26*	0.25*	0.25*	0.24*	0.24*	0.25*	0.27*	0.28*	0.30*	0.32*	0.34*	-	-	-	-	-	-	-	-	-
Income Taxes	2.4%	19.00	19.00	20.00	19.00	18.00	9.00	14.00	12.00	16.00	5.00	13.00	15.00	22.00	22.00	26.00	-1.50	18.00	14.00	20.00	21.00	21.00
Earnings Before Taxes	-6.1%	128	136	124	129	116	95.00	86.00	85.00	103	89.00	90.00	102	135	166	143	-3.87	107	114	132	130	125
EBT Margin	0.6%	0.22*	0.22*	0.21*	0.20*	0.19*	0.19*	0.20*	0.21*	0.22*	0.24*	0.27*	0.28*	-	-	-	-	-	-	-	-	-
Net Income	-7.5%	108	117	105	109	98.00	86.00	73.00	72.00	88.00	84.00	77.00	87.00	113	143	117	-2.37	90.00	100	112	109	104
Net Income Margin	0.8%	0.19*	0.19*	0.18*	0.17*	0.16*	0.17*	0.17*	0.18*	0.20*	0.21*	0.23*	0.24*	-	-	-	-	-	-	-	-	-
Free Cashflow	-23.4%	130	170	126	121	121	102	47.00	73.00	116	63.00	47.00	61.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	3.9%	2,713	2,611	2,558	2,487	2,433	2,327	2,311	2,284	2,180	2,131	2,116	2,167	2,242	2,198	2,192	2,101	2,158	2,169	2,167	2,143	2,100
Current Assets	7.5%	1,073	998	1,055	1,025	1,005	949	989	992	956	873	875	925	1,011	979	975	859	911	950	987	930	886
Cash Equivalents	10.0%	249	226	261	238	215	215	223	269	280	262	270	353	456	423	400	344	279	296	260	260	222
Inventory	8.5%	437	402	395	390	402	404	418	393	363	316	293	264	233	226	233	260	251	249	239	225	225
Net PPE	1.8%	665	653	606	597	575	550	527	489	468	464	452	459	461	468	474	485	493	498	492	501	493
Goodwill	0%	340	340	313	314	314	314	314	314	314	314	315	312	2.00	312	311	309	315	307	307	307	307
Liabilities	12.7%	337	299	290	291	310	261	277	298	251	193	229	250	281	234	297	278	323	231	246	238	243
Current Liabilities	12.1%	304	272	274	276	297	251	265	286	239	182	192	196	223	178	236	218	264	172	182	178	184
LT Debt, Current	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	25.00	75.00	75.00	-	-	-	-
Shareholder's Equity	2.8%	2,376	2,313	2,268	2,196	2,123	2,066	2,034	1,987	1,929	1,938	1,888	1,916	1,961	1,964	1,896	1,823	1,835	1,938	1,921	1,904	1,857
Retained Earnings	3.1%	1,379	1,337	1,307	1,253	1,193	1,148	1,108	1,083	1,039	1,042	1,005	1,038	1,085	1,090	1,046	986	1,018	1,116	1,107	1,111	1,093
Additional Paid-In Capital	2.4%	991	968	961	943	928	917	909	901	881	879	865	860	859	853	830	819	801	808	799	777	749
Accumulated Depreciation	-100.0%	-	989	-	-	-	928	-	-	-	860	-	-	-	789	-	-	-	729	-	-	-
Shares Outstanding	-100.0%	-	231	-	-	-	234	-	-	-	236	-	-	-	244	-	-	-	251	-	-	-
Float	-	-	-	-	6,817	-	-	-	6,588	-	-	-	8,238	-	-	-	6,346	-	-	-	6,258	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-23.4%	129,877	169,581	125,902	120,852	120,914	101,843	47,097	73,303	115,959	62,787	47,139	61,393	190,849	135,448	138,592	39,172	151,280	122,027	110,473	139,627	133,840
Share Based Compensation	4.9%	10,474	9,985	10,948	9,745	8,520	7,255	7,612	8,573	6,788	7,307	7,493	6,728	5,895	7,530	7,307	9,604	6,356	5,744	5,788	5,276	4,863
Cashflow From Investing	50.0%	-55,142	-110,340	-62,680	-53,998	-72,396	-53,419	-56,101	-61,173	-2,044	-30,644	-18,067	-23,786	-40,609	1,705	21,283	47,144	-43,716	2,345	-11,017	-33,139	-14,898
Cashflow From Financing	44.2%	-52,165	-93,439	-40,253	-48,639	-47,819	-52,602	-37,433	-22,465	-96,517	-39,795	-112,139	-140,514	-117,670	-114,280	-103,187	-21,029	-125,360	-88,200	-99,637	-67,842	-114,278
Dividend Payments	-0.8%	27,774	27,991	28,012	28,047	28,100	28,151	28,215	28,136	28,590	28,383	28,674	28,985	29,243	29,407	29,493	29,385	28,897	29,092	29,299	29,392	28,526
Buy Backs	-39.4%	43,039	70,997	25,169	25,103	25,676	23,855	22,257	-	71,252	20,447	90,582	115,921	97,693	78,000	31,661	-	178,820	68,708	96,625	69,871	96,267

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GNTX Income Statement

2024-03-31

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)

3 Months Ended

Mar. 31, 2024

Mar. 31, 2023

Income Statement [Abstract]

NET SALES

$ 590,225,211

$ 550,761,311

COST OF GOODS SOLD

387,987,605

376,024,080

Gross profit

202,237,606

174,737,231

OPERATING EXPENSES:

Engineering, research and development

42,181,986

34,653,747

Selling, general & administrative

30,709,308

26,832,837

Total operating expenses

72,891,294

61,486,584

Income from operations

129,346,312

113,250,647

OTHER INCOME (LOSS)

Investment (loss) income

(3,368,524)

2,939,195

Other income (loss), net

1,670,139

(194,740)

Total other (loss) income

(1,698,385)

2,744,455

INCOME BEFORE PROVISION FOR INCOME TAXES

127,647,927

115,995,102

PROVISION FOR INCOME TAXES

19,417,213

18,416,841

NET INCOME

$ 108,230,714

$ 97,578,261

EARNINGS PER SHARE:

Basic (in dollars per share)

^[1]

$ 0.47

$ 0.42

Diluted (in dollars per share)

^[1]

0.47

0.42

Cash Dividends Declared per Share (in dollars per share)

$ 0.12

[1]	(1) Earnings Per Share has been adjusted to exclude the portion of net income allocated to participating securities as a result of share-based payment awards.

GNTX Balance Sheet

2024-03-31

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)

Mar. 31, 2024

Dec. 31, 2023

^[1]

CURRENT ASSETS

Cash and cash equivalents

$ 249,004,534

$ 226,435,019

Short-term investments

16,758,924

14,356,476

Accounts receivable, net

341,591,131

321,809,868

Inventories

436,537,244

402,473,028

Prepaid expenses and other

28,702,868

32,663,762

Total current assets

1,072,594,701

997,738,153

PLANT AND EQUIPMENT—NET

664,788,932

652,877,672

OTHER ASSETS

Goodwill

340,105,631

Long-term investments

311,028,408

299,080,876

Intangible assets, net

209,809,035

214,005,910

Deferred tax asset

44,741,075

41,113,759

Patents and other assets, net

70,146,788

66,515,551

Total other assets

975,830,937

960,821,727

Total assets

2,713,214,570

2,611,437,552

CURRENT LIABILITIES

Accounts payable

191,736,616

184,398,820

Accrued liabilities

112,674,602

87,210,156

Total current liabilities

304,411,218

271,608,976

OTHER NON-CURRENT LIABILITIES

32,439,563

27,311,507

Total liabilities

336,850,781

298,920,483

SHAREHOLDERS’ INVESTMENT

Common stock

13,871,933

13,887,326

Additional paid-in capital

991,053,652

968,245,875

Retained earnings

1,378,904,530

1,336,940,990

Accumulated other comprehensive loss

(7,466,326)

(6,557,122)

Total shareholders’ investment

2,376,363,789

2,312,517,069

Total liabilities and shareholders’ investment

$ 2,713,214,570

$ 2,611,437,552

[1]

The condensed consolidated balance sheet at December 31, 2023 has been derived from the audited consolidated financial statements at that date, but does not include all of the information and footnotes required by accounting principles generally accepted in the United States for complete financial statements.

About Gentex Corp

Gentex Corporation designs, develops, manufactures, markets, and supplies digital vision, connected car, dimmable glass, and fire protection products in the United States, Germany, Japan, Mexico, and internationally. It operates through Automotive 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. It also provides variable dimmable windows to aircraft manufacturers and airline operators. In addition, the company offers photoelectric smoke detectors and alarms, electrochemical carbon monoxide alarms and detectors, audible and visual signaling alarms, and bells and speakers used in fire detection systems in office buildings, hotels, and other commercial and residential buildings, as well as researches and develops nanofiber chemical sensing products. 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. The company was incorporated in 1974 and is headquartered in Zeeland, Michigan.

CEO	Mr. Steven R. Downing
WEBSITE	gentex.com
INDUSTRY	Autos
EMPLOYEES	5466

Gentex Corp Frequently Asked Questions

What is the ticker symbol for Gentex Corp? What does GNTX stand for in stocks?

GNTX is the stock ticker symbol of Gentex Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Gentex Corp (GNTX)?

As of Tue May 07 2024, market cap of Gentex Corp is 8.01 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of GNTX stock?

You can check GNTX's fair value in chart for subscribers.

What is the fair value of GNTX stock?

You can check GNTX's fair value in chart for subscribers. The fair value of Gentex Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Gentex Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for GNTX so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Gentex Corp a good stock to buy?

The fair value guage provides a quick view whether GNTX is over valued or under valued. Whether Gentex Corp is cheap or expensive depends on the assumptions which impact Gentex Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for GNTX.

What is Gentex Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, GNTX's PE ratio (Price to Earnings) is 18.25 and Price to Sales (PS) ratio is 3.43. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. GNTX PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Gentex Corp's stock?

In the past 10 years, Gentex Corp has provided 0.108 (multiply by 100 for percentage) rate of return.