GNTX - Gentex Stock

Market Summary

USD32.66+0.42

Delayedas of 20 Sep 2023, 02:00 pm

1.30%

GNTX Alerts

Big jump in Revenue (Y/Y)
Big jump in Earnings (Y/Y)

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

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

Latest Insider Trading transactions for GNTX

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
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	-

Which funds bought or sold GNTX recently?

View All Details

Datesorted ascending	Fund Name	Type	% 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%

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 Filed	Name of Filer	Percent of Class	No. of Shares	Form 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

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Peers (Alternatives to Gentex)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
TSLA	845.9B	94.0B	23.67%	-13.77%	69.36	9	39.99%	28.15%
GM	47.0B	169.7B	2.54%	-17.58%	4.6	0.28	28.48%	17.97%
APTV	29.0B	19.3B	6.98%	6.62%	30.41	1.51	20.28%	442.05%
BWA	9.6B	16.9B	4.01%	10.07%	10.14	0.57	14.72%	48.05%
MID-CAP
ALV	8.1B	9.8B	2.33%	26.90%	20.99	0.83	19.51%	15.13%
LEA	8.1B	22.5B	-3.62%	-1.42%	15.5	0.36	15.59%	362.44%
GNTX	7.2B	2.1B	1.19%	21.02%	22.03	3.62	21.15%	13.96%
ADNT	3.5B	15.3B	-1.02%	13.90%	30.83	0.23	15.66%	-85.53%
LCII	3.0B	4.0B	-4.07%	5.06%	35.63	0.75	-27.79%	-82.89%
SMALL-CAP
GTX	2.1B	3.8B	-0.25%	19.79%	5.73	0.55	10.49%	1.37%
AXL	845.5M	6.0B	-3.35%	-18.97%	19.53	0.14	12.58%	274.60%
SRI	523.2M	966.1M	-10.41%	1.60%	-55.54	0.54	16.77%	70.13%
CPS	270.5M	2.7B	-3.38%	96.38%	-0.97	0.1	15.58%	12.70%

Gentex News

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)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Last 12 Months)																					(In Millions)
Description	(%) Q/Q	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3	2018Q2
Revenue	6.0%	2,122	2,001	1,919	1,845	1,751	1,716	1,731	1,841	1,916	1,718	1,688	1,602	1,605	1,844	1,859	1,868	1,851	1,837	1,834	1,840	1,819
Gross Profit	7.2%	669	624	610	600	594	597	620	692	740	632	605	551	543	675	688	699	691	687	690	699	697
Operating Expenses	1.3%	247	244	240	236	228	217	210	208	205	204	206	203	205	203	200	195	189	186	182	182	179
S&GA Expenses	-1.8%	106	108	106	106	102	95.00	92.00	92.00	91.00	90.00	90.00	87.00	88.00	87.00	85.00	83.00	78.00	77.00	75.00	77.00	76.00
R&D Expenses	3.8%	141	136	133	130	126	122	118	116	114	114	116	115	117	116	115	113	110	109	107	105	103
EBITDA	-100.0%	-	478	466	461	465	483	515	594	648	544	517	464	453	586	605	-	-	-	-	-	-
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 Taxes	11.5%	426	382	370	364	367	384	416	492	545	440	412	360	349	483	500	518	517	515	522	529	530
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 Income	11.2%	366	329	319	317	321	335	361	420	460	372	348	304	299	410	425	431	431	431	438	462	441
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%	-	343	338	299	299	287	362	435	526	504	464	451	423	523	506	-	-	-	-	-	-

Balance Sheet
(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3	2018Q2
Assets	2.2%	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	2,085	2,069	2,192
Current Assets	2.0%	1,025	1,005	949	989	992	956	873	875	925	1,011	979	975	859	911	950	987	930	886	851	828	943
Cash Equivalents	10.3%	238	215	215	223	269	280	262	270	353	456	423	400	344	279	296	260	260	222	217	194	297
Inventory	-2.9%	390	402	404	418	393	363	316	293	264	233	226	233	260	251	249	239	225	225	225	213	212
Net PPE	3.7%	597	575	550	527	489	468	464	452	459	461	468	474	485	493	498	492	501	493	498	497	500
Goodwill	0.0%	314	314	314	314	314	314	314	315	312	2.00	312	311	309	315	307	307	307	307	307	307	307
Liabilities	-6.1%	291	310	261	277	298	251	193	229	250	281	234	297	278	323	231	246	238	243	224	226	271
Current Liabilities	-7.1%	276	297	251	265	286	239	182	192	196	223	178	236	218	264	172	182	178	184	169	173	214
LT Debt, Current	-	-	-	-	-	-	-	-	-	-	-	-	25.00	75.00	75.00	-	-	-	-	-	-	23.00
Shareholder's Equity	3.4%	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	1,862	1,843	1,921
Retained Earnings	5.0%	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	1,102	1,086	1,157
Additional Paid-In Capital	1.5%	943	928	917	909	901	881	879	865	860	859	853	830	819	801	808	799	777	749	745	743	749
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/Q	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3	2018Q2
Cashflow From Operations	13.9%	391	343	338	299	299	287	362	435	526	504	464	451	423	523	506	538	534	539	552	547	530
Share Based Compensation	3.7%	33.00	32.00	30.00	30.00	30.00	28.00	27.00	28.00	27.00	30.00	31.00	29.00	27.00	23.00	22.00	21.00	20.00	19.00	18.00	19.00	18.00
Cashflow From Investing	3.0%	-235	-243	-172	-149	-111	-74.54	-113	-80.76	-41.41	30.00	26.00	27.00	-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%	113	113	113	113	114	115	115	116	117	118	117	117	117	117	116	116	116	117	117	116	115
Buy Backs	32.8%	102	77.00	113	114	182	298	325	382	323	207	288	279	344	414	331	333	409	485	592	623	507

GNTX Income Statement

2023-06-30

Unaudited Condensed Consolidated Statements of Income - USD ($)

3 Months Ended

6 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 SOLD

390,389,807

315,055,988

766,413,887

622,894,804

Gross profit

193,083,039

148,367,014

367,820,270

308,778,973

OPERATING EXPENSES:

Engineering, research and development

37,973,790

32,857,419

72,627,537

64,832,406

Selling, general & administrative

27,819,861

29,718,626

54,652,698

54,849,694

Total operating expenses

65,793,651

62,576,045

127,280,235

119,682,100

Income from operations

127,289,388

85,790,969

240,540,035

189,096,873

OTHER INCOME (LOSS)

Investment income

2,890,934

920,284

5,830,128

1,708,600

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 TAXES

128,603,784

84,807,984

244,598,886

188,103,394

PROVISION FOR INCOME TAXES

19,448,381

12,403,581

37,865,222

28,170,366

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]

0.47

0.31

0.88

0.68

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 Cash

0

4,000,000

Short-term investments

20,172,297

23,007,385

Accounts receivable, net

350,409,472

276,493,752

Inventories

390,026,268

404,360,270

Prepaid expenses and other

27,032,788

26,036,331

Total current assets

1,025,306,426

948,652,376

PLANT AND EQUIPMENT—NET

596,694,337

550,033,036

OTHER ASSETS

Goodwill

313,647,268

313,807,494

Long-term investments

239,621,466

202,331,983

Intangible assets, net

209,710,910

219,360,910

Deferred tax asset

28,943,561

25,528,700

Patents and other assets, net

73,183,124

67,515,425

Total other assets

865,106,329

828,544,512

Total assets

2,487,107,092

2,327,229,924

CURRENT LIABILITIES

Accounts payable

168,456,476

151,740,046

Accrued liabilities

107,605,540

98,812,706

Total current liabilities

276,062,016

250,552,752

OTHER NON-CURRENT LIABILITIES

15,095,750

10,884,351

Total liabilities

291,157,766

261,437,103

SHAREHOLDERS’ INVESTMENT

Common stock

14,005,799

14,050,160

Additional paid-in capital

942,660,764

917,499,323

Retained earnings

1,252,525,531

1,148,386,272

Accumulated other comprehensive loss

(13,242,768)

(14,142,934)

Total shareholders’ investment

2,195,949,326

2,065,792,821

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.

About Gentex

Steve R. Downing

www.gentex.com

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.

Market Summary

GNTX Alerts

GNTX Stock Price

GNTX RSI Chart

GNTX Valuation

GNTX Price/Sales (Trailing)

GNTX Profitability

GNTX Fundamentals

GNTX Revenue

GNTX Earnings

Price Action

52 Week Range

GNTX Financial Health

GNTX Investor Care

Historical Charts for Stock Metrics

Latest Insider Trading transactions for GNTX

Which funds bought or sold GNTX recently?

Latest Funds Activity

GNTX Alerts

Schedule 13G FIlings of Gentex

Recent SEC filings of Gentex

GNTX Fair Value

Peers (Alternatives to Gentex)

Gentex News

Returns for GNTX

Cumulative Returns on GNTX

Risks for GNTX

What is the probability of a big loss on GNTX?

How does GNTX drawdown profile look like?

Financials for Gentex

Income Statement (Last 12 Months).css-zgnqz2{margin:0;font-family:"Roboto","Helvetica","Arial",sans-serif;font-weight:400;font-size:0.75rem;line-height:1.66;letter-spacing:0.03333em;color:#595959;}(In Millions)

Balance Sheet(In Millions)

Cashflow (Last 12 Months)(In Millions)

GNTX Income Statement

GNTX Balance Sheet

About Gentex

Income Statement (Last 12 Months)
(In Millions)

Balance Sheet
(In Millions)

Cashflow (Last 12 Months)
(In Millions)