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Gentex Corp Stock Research

GNTX

32.66USD+0.42(+1.30%)Delayedas of 20 Sep 2023, 02:00 pm
Watchlist

Market Summary

USD32.66+0.42
Delayedas of 20 Sep 2023, 02:00 pm
1.30%

GNTX Alerts

GNTX Stock Price

GNTX RSI Chart

GNTX Valuation

Market Cap

7.2B

Price/Earnings (Trailing)

22.03

Price/Sales (Trailing)

3.62

EV/EBITDA

14.69

Price/Free Cashflow

21.11

GNTX Price/Sales (Trailing)

GNTX Profitability

EBT Margin

19.11%

Return on Equity

15.49%

Return on Assets

13.51%

Free Cashflow Yield

4.74%

GNTX Fundamentals

GNTX Revenue

Revenue (TTM)

2.1B

Revenue Y/Y

25.91%

Revenue Q/Q

5.94%

GNTX Earnings

Earnings (TTM)

365.6M

Earnings Y/Y

50.76%

Earnings Q/Q

11.86%

Price Action

52 Week Range

23.2834.33
(Low)(High)

Last 7 days

-0.6%

Last 30 days

1.2%

Last 90 days

16.1%

Trailing 12 Months

21.0%

GNTX Financial Health

Current Ratio

3.38

GNTX Investor Care

Dividend Yield

1.49%

Dividend/Share (TTM)

0.48

Buy Backs (1Y)

0.96%

Diluted EPS (TTM)

1.57

Historical Charts for Stock Metrics

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

Latest Insider Trading transactions for GNTX

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-08-17
Nash Kevin C
gifted
-9,772
32.575
-300
chief financial officer
2023-07-31
ANDERSON JOSEPH B JR
sold
-148,043
33.5243
-4,416
-
2023-07-31
Starkoff Kathleen
acquired
95,067
21.46
4,430
-
2023-07-31
Starkoff Kathleen
sold
-147,094
33.2041
-4,430
-
2023-05-19
GOODE GARY F
sold
-124,837
28.2693
-4,416
-
2023-05-19
Hollars James A
sold
-124,837
28.2693
-4,416
-
2023-05-18
BROWN LESLIE L
acquired
-
-
4,716
-
2023-05-18
ANDERSON JOSEPH B JR
acquired
-
-
4,716
-
2023-05-18
WALKER BRIAN C
acquired
-
-
4,716
-
2023-05-18
GOODE GARY F
acquired
-
-
4,716
-

1–10 of 50

Which funds bought or sold GNTX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-12
Farther Finance Advisors, LLC
added
350
1,865
2,370
-%
2023-08-24
Harvest Investment Advisors, LLC
added
0.1
55,479
1,289,750
1.10%
2023-08-24
Alberta Investment Management Corp
unchanged
-
216,504
5,150,340
0.05%
2023-08-22
COMERICA BANK
new
-
-
-
-%
2023-08-21
OSAIC HOLDINGS, INC.
added
38.38
1,106,530
3,595,340
0.01%
2023-08-21
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
added
10.31
159,000
1,212,000
0.01%
2023-08-21
BOKF, NA
added
3.86
67,091
863,872
0.02%
2023-08-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-3.12
93,568
8,389,690
0.01%
2023-08-21
VisionPoint Advisory Group, LLC
new
-
15,743
15,743
0.01%
2023-08-17
Orion Portfolio Solutions, LLC
reduced
-0.68
26,660
751,212
0.01%

1–10 of 49

Latest Funds Activity

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

Schedule 13G FIlings of Gentex

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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
Mar 06, 2020
vanguard group inc
10.06%
25,291,502
SC 13G/A
Feb 12, 2020
vanguard group inc
9.85%
24,931,717
SC 13G/A

Recent SEC filings of Gentex

View All Filings
Date Filed Form Type Document
Aug 18, 2023
4
Insider Trading
Aug 03, 2023
4
Insider Trading
Aug 03, 2023
10-Q
Quarterly Report
Aug 01, 2023
4
Insider Trading
Jul 31, 2023
144
Notice of Insider Sale Intent
Jul 31, 2023
144
Notice of Insider Sale Intent
Jul 28, 2023
8-K
Current Report

GNTX Fair Value

Loading...

Peers (Alternatives to Gentex)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
845.9B
94.0B
23.67% -13.77%
69.36
9
39.99% 28.15%
47.0B
169.7B
2.54% -17.58%
4.6
0.28
28.48% 17.97%
29.0B
19.3B
6.98% 6.62%
30.41
1.51
20.28% 442.05%
9.6B
16.9B
4.01% 10.07%
10.14
0.57
14.72% 48.05%
MID-CAP
8.1B
9.8B
2.33% 26.90%
20.99
0.83
19.51% 15.13%
8.1B
22.5B
-3.62% -1.42%
15.5
0.36
15.59% 362.44%
7.2B
2.1B
1.19% 21.02%
22.03
3.62
21.15% 13.96%
3.5B
15.3B
-1.02% 13.90%
30.83
0.23
15.66% -85.53%
3.0B
4.0B
-4.07% 5.06%
35.63
0.75
-27.79% -82.89%
SMALL-CAP
2.1B
3.8B
-0.25% 19.79%
5.73
0.55
10.49% 1.37%
845.5M
6.0B
-3.35% -18.97%
19.53
0.14
12.58% 274.60%
523.2M
966.1M
-10.41% 1.60%
-55.54
0.54
16.77% 70.13%
270.5M
2.7B
-3.38% 96.38%
-0.97
0.1
15.58% 12.70%

Gentex News

Best Stocks
Gentex Co. Receives Hold Rating from Analysts, Director Sells Shares.
Best Stocks,
3 hours ago
DirectorsTalk Interviews
Simply Wall St
Marketscreener.com

Returns for GNTX

Cumulative Returns on GNTX

11.4%


10-Year Cumulative Returns

10.9%


7-Year Cumulative Returns

8.8%


5-Year Cumulative Returns

8.1%


3-Year Cumulative Returns

Risks for GNTX

What is the probability of a big loss on GNTX?

60.8%


Probability that Gentex stock will be more than 20% underwater in next one year

24.6%


Probability that Gentex stock will be more than 30% underwater in next one year.

0%


Probability that Gentex stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does GNTX drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Gentex was unfortunately bought at previous high price.

Drawdowns

Financials for Gentex

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue6.0%2,1222,0011,9191,8451,7511,7161,7311,8411,9161,7181,6881,6021,6051,8441,8591,8681,8511,8371,8341,8401,819
Gross Profit7.2%669624610600594597620692740632605551543675688699691687690699697
Operating Expenses1.3%247244240236228217210208205204206203205203200195189186182182179
  S&GA Expenses-1.8%10610810610610295.0092.0092.0091.0090.0090.0087.0088.0087.0085.0083.0078.0077.0075.0077.0076.00
  R&D Expenses3.8%141136133130126122118116114114116115117116115113110109107105103
EBITDA-100.0%-478466461465483515594648544517464453586605------
EBITDA Margin-100.0%-0.24*0.24*0.25*0.27*0.28*0.30*0.32*0.34*0.32*0.31*0.29*0.28*0.32*0.33*------
Earnings Before Taxes11.5%426382370364367384416492545440412360349483500518517515522529530
EBT Margin-100.0%-0.19*0.19*0.20*0.21*0.22*0.24*0.27*0.28*0.26*0.24*0.22*0.22*0.26*0.27*------
Net Income11.2%366329319317321335361420460372348304299410425431431431438462441
Net Income Margin-100.0%-0.16*0.17*0.17*0.18*0.20*0.21*0.23*0.24*0.22*0.21*0.19*0.19*0.22*0.23*------
Free Cashflow-100.0%-343338299299287362435526504464451423523506------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets2.2%2,4872,4332,3272,3112,2842,1802,1312,1162,1672,2422,1982,1922,1012,1582,1692,1672,1432,1002,0852,0692,192
  Current Assets2.0%1,0251,0059499899929568738759251,011979975859911950987930886851828943
    Cash Equivalents10.3%238215215223269280262270353456423400344279296260260222217194297
  Inventory-2.9%390402404418393363316293264233226233260251249239225225225213212
  Net PPE3.7%597575550527489468464452459461468474485493498492501493498497500
  Goodwill0.0%3143143143143143143143153122.00312311309315307307307307307307307
Liabilities-6.1%291310261277298251193229250281234297278323231246238243224226271
  Current Liabilities-7.1%276297251265286239182192196223178236218264172182178184169173214
    LT Debt, Current------------25.0075.0075.00------23.00
Shareholder's Equity3.4%2,1962,1232,0662,0341,9871,9291,9381,8881,9161,9611,9641,8961,8231,8351,9381,9211,9041,8571,8621,8431,921
  Retained Earnings5.0%1,2531,1931,1481,1081,0831,0391,0421,0051,0381,0851,0901,0469861,0181,1161,1071,1111,0931,1021,0861,157
  Additional Paid-In Capital1.5%943928917909901881879865860859853830819801808799777749745743749
Accumulated Depreciation---928---860---789---729---699--
Shares Outstanding---234---236---244---251---259--
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations13.9%391343338299299287362435526504464451423523506538534539552547530
  Share Based Compensation3.7%33.0032.0030.0030.0030.0028.0027.0028.0027.0030.0031.0029.0027.0023.0022.0021.0020.0019.0018.0019.0018.00
Cashflow From Investing3.0%-235-243-172-149-111-74.54-113-80.76-41.4130.0026.0027.00-5.24-85.53-56.71-97.06-77.68-230-185-144-176
Cashflow From Financing-16.3%-186-160-209-196-270-388-410-484-475-356-363-337-334-381-369-374-492-611-719-769-637
  Dividend Payments-0.1%113113113113114115115116117118117117117117116116116117117116115
  Buy Backs32.8%10277.00113114182298325382323207288279344414331333409485592623507

GNTX Income Statement

2023-06-30
Unaudited Condensed Consolidated Statements of Income - USD ($)
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]    
NET SALES$ 583,472,846$ 463,423,002$ 1,134,234,157$ 931,673,777
COST OF GOODS SOLD390,389,807315,055,988766,413,887622,894,804
Gross profit193,083,039148,367,014367,820,270308,778,973
OPERATING EXPENSES:    
Engineering, research and development37,973,79032,857,41972,627,53764,832,406
Selling, general & administrative27,819,86129,718,62654,652,69854,849,694
Total operating expenses65,793,65162,576,045127,280,235119,682,100
Income from operations127,289,38885,790,969240,540,035189,096,873
OTHER INCOME (LOSS)    
Investment income2,890,934920,2845,830,1281,708,600
Other loss, net(1,576,538)(1,903,269)(1,771,277)(2,702,079)
Total other income (loss)1,314,396(982,985)4,058,851(993,479)
INCOME BEFORE PROVISION FOR INCOME TAXES128,603,78484,807,984244,598,886188,103,394
PROVISION FOR INCOME TAXES19,448,38112,403,58137,865,22228,170,366
NET INCOME$ 109,155,403$ 72,404,403$ 206,733,664$ 159,933,028
EARNINGS PER SHARE:    
Basic (in dollars per share)[1]$ 0.47$ 0.31$ 0.88$ 0.68
Diluted (in dollars per share)[1]0.470.310.880.68
Cash Dividends Declared per Share (in dollars per share)$ 0.12$ 0.120$ 0.240$ 0.24
[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

2023-06-30
Unaudited Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2023
Dec. 31, 2022
[1]
CURRENT ASSETS  
Cash and cash equivalents$ 237,665,601$ 214,754,638
Restricted Cash04,000,000
Short-term investments20,172,29723,007,385
Accounts receivable, net350,409,472276,493,752
Inventories390,026,268404,360,270
Prepaid expenses and other27,032,78826,036,331
Total current assets1,025,306,426948,652,376
PLANT AND EQUIPMENT—NET596,694,337550,033,036
OTHER ASSETS  
Goodwill313,647,268313,807,494
Long-term investments239,621,466202,331,983
Intangible assets, net209,710,910219,360,910
Deferred tax asset28,943,56125,528,700
Patents and other assets, net73,183,12467,515,425
Total other assets865,106,329828,544,512
Total assets2,487,107,0922,327,229,924
CURRENT LIABILITIES  
Accounts payable168,456,476151,740,046
Accrued liabilities107,605,54098,812,706
Total current liabilities276,062,016250,552,752
OTHER NON-CURRENT LIABILITIES15,095,75010,884,351
Total liabilities291,157,766261,437,103
SHAREHOLDERS’ INVESTMENT  
Common stock14,005,79914,050,160
Additional paid-in capital942,660,764917,499,323
Retained earnings1,252,525,5311,148,386,272
Accumulated other comprehensive loss(13,242,768)(14,142,934)
Total shareholders’ investment2,195,949,3262,065,792,821
Total liabilities and shareholders’ investment$ 2,487,107,092$ 2,327,229,924
[1]The condensed consolidated balance sheet at December 31, 2022 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.
Steve R. Downing
5000
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. The company 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. Gentex Corporation was incorporated in 1974 and is headquartered in Zeeland, Michigan.