gentex corp. - GNTX
GNTX
Close Chg Chg %
30.58 0.01 0.03%
Closed Market
30.59
+0.01 (0.03%)
Volume: 1.30M
Last Updated:
Dec 13, 2024, 4:00 PM EDT
Company Overview: gentex corp. - GNTX
GNTX Key Data
| Open $30.52 | Day Range 30.17 - 30.64 |
| 52 Week Range 28.30 - 37.58 | Market Cap $6.95B |
| Shares Outstanding 227.43M | Public Float 226.88M |
| Beta 0.90 | Rev. Per Employee N/A |
| P/E Ratio 16.34 | EPS $1.87 |
| Yield 156.97% | Dividend $0.12 |
| EX-DIVIDEND DATE Jan 8, 2025 | SHORT INTEREST N/A |
| AVERAGE VOLUME 1.16M |
GNTX Performance
| 1 Week | 2.79% | ||
| 1 Month | 1.46% | ||
| 3 Months | 4.80% | ||
| 1 Year | -3.32% | ||
| 5 Years | 10.23% |
GNTX Analyst Ratings
- Sell
- Under
- Hold
- Over
- Buy
Number of Ratings
13
Full Ratings ➔
About gentex corp. - GNTX
Gentex Corp. engages in the business of designing, developing, manufacturing, marketing, and supplying digital vision, connected car, dimmable glass, and fire protection technologies including automatic-dimming rearview and non-dimming mirrors and electronics for the automotive industry, dimmable aircraft windows for the aviation industry, and commercial smoke alarms and signaling devices for the fire protection industry. It operates under the Automotive Products and Other segments. The Automotive Products segment focuses on operating virtually all the foregoing facilities. The Other segment includes dimmable aircraft windows, fire protection products, nanofiber, and medical. The company was founded by Fred Bauer in 1974 and is headquartered in Zeeland, MI.
GNTX At a Glance
Gentex Corp.
600 North Centennial Street
Zeeland, Michigan 49464
| Phone | 1-616-772-1800 | Revenue | 2.30B | |
| Industry | Auto Parts: OEM | Net Income | 422.05M | |
| Sector | Producer Manufacturing | 2023 Sales Growth | 19.816% | |
| Fiscal Year-end | 12 / 2024 | Employees | 6,245 | |
| View SEC Filings |
GNTX Valuation
| P/E Current | 16.337 |
| P/E Ratio (with extraordinary items) | N/A |
| P/E Ratio (without extraordinary items) | 17.776 |
| Price to Sales Ratio | 3.263 |
| Price to Book Ratio | 3.269 |
| Price to Cash Flow Ratio | 13.965 |
| Enterprise Value to EBITDA | 12.328 |
| Enterprise Value to Sales | 3.158 |
| Total Debt to Enterprise Value | N/A |
GNTX Efficiency
| Revenue/Employee | 368,168.942 |
| Income Per Employee | 67,582.201 |
| Receivables Turnover | 7.145 |
| Total Asset Turnover | 0.907 |
GNTX Liquidity
| Current Ratio | 3.673 |
| Quick Ratio | 2.192 |
| Cash Ratio | 0.887 |
GNTX Profitability
| Gross Margin | 33.169 |
| Operating Margin | 21.561 |
| Pretax Margin | 21.963 |
| Net Margin | 18.356 |
| Return on Assets | 16.657 |
| Return on Equity | 19.279 |
| Return on Total Capital | 18.251 |
| Return on Invested Capital | 19.279 |
GNTX Capital Structure
| Total Debt to Total Equity | N/A |
| Total Debt to Total Capital | N/A |
| Total Debt to Total Assets | N/A |
| Long-Term Debt to Equity | N/A |
| Long-Term Debt to Total Capital | N/A |
- Income Statement
- Balance Sheet
- Cash Flow Statement
Annual Financials for Gentex Corp. - GNTX
Collapse All in section
| All values USD millions. | 2020 | 2021 | 2022 | 2023 | 5-year trend |
|---|---|---|---|---|---|
Sales/Revenue
| 1.69B | 1.73B | 1.92B | 2.30B | |
Sales Growth
| -9.18% | +2.55% | +10.85% | +19.82% | |
Cost of Goods Sold (COGS) incl D&A
| 1.08B | 1.11B | 1.31B | 1.54B | |
COGS excluding D&A
| - | - | - | - | - |
Depreciation & Amortization Expense
| 104.74M | 99.11M | 96.57M | 93.32M | |
Depreciation
| 82.34M | 76.91M | 74.87M | 73.62M | |
Amortization of Intangibles
| 22.40M | 22.20M | 21.70M | 19.70M | |
COGS Growth
| -7.50% | +2.65% | +17.79% | +17.37% | |
Gross Income
| 605.44M | 619.71M | 609.81M | 762.63M | |
Gross Income Growth
| -12.04% | +2.36% | -1.60% | +25.06% | |
Gross Profit Margin
| +35.86% | +35.80% | +31.78% | +33.17% |
| 2020 | 2021 | 2022 | 2023 | 5-year trend | |
|---|---|---|---|---|---|
SG&A Expense
| 205.24M | 209.55M | 239.81M | 266.90M | |
Research & Development
| 115.94M | 117.76M | 133.31M | 154.36M | |
Other SG&A
| 89.30M | 91.79M | 106.50M | 112.54M | |
SGA Growth
| +2.74% | +2.10% | +14.44% | +11.30% | |
Other Operating Expense
| - | - | - | - | - |
Unusual Expense
| - | - | 650.00K | 375.00K | - |
EBIT after Unusual Expense
| 399.56M | 409.78M | 370.01M | 495.73M | |
Non Operating Income/Expense
| 12.86M | 6.57M | (283.05K) | 9.25M | |
Non-Operating Interest Income
| 6.99M | 3.59M | 4.80M | 13.50M | |
Equity in Earnings of Affiliates
| - | - | - | - | - |
Interest Expense
| - | - | - | 600.00K | - |
Interest Expense Growth
| - | - | - | -100.00% | - |
Gross Interest Expense
| - | - | - | 600.00K | - |
Interest Capitalized
| - | - | - | - | - |
Pretax Income
| 411.81M | 416.35M | 369.72M | 504.98M | |
Pretax Income Growth
| -17.71% | +1.10% | -11.20% | +36.58% | |
Pretax Margin
| +24.39% | +24.05% | +19.27% | +21.96% | |
Income Tax
| 64.25M | 55.55M | 50.97M | 76.58M | |
Income Tax - Current - Domestic
| 77.79M | 95.15M | 66.98M | 92.22M | |
Income Tax - Current - Foreign
| 1.88M | 2.10M | 1.76M | 2.09M | |
Income Tax - Deferred - Domestic
| (15.42M) | (41.69M) | (17.78M) | (17.74M) | |
Income Tax - Deferred - Foreign
| - | - | - | - | - |
Income Tax Credits
| - | - | - | - | - |
Equity in Earnings of Affiliates
| - | - | - | - | - |
Other After Tax Income (Expense)
| (4.96M) | (5.59M) | (4.88M) | (6.35M) | |
Consolidated Net Income
| 342.60M | 355.21M | 313.88M | 422.05M | |
Minority Interest Expense
| - | - | - | - | - |
Net Income
| 342.60M | 355.21M | 313.88M | 422.05M | |
Net Income Growth
| -18.36% | +3.68% | -11.63% | +34.46% | |
Net Margin Growth
| +20.29% | +20.52% | +16.36% | +18.36% | |
Extraordinaries & Discontinued Operations
| - | - | - | - | - |
Discontinued Operations
| - | - | - | - | - |
Net Income After Extraordinaries
| 342.60M | 355.21M | 313.88M | 422.05M | |
Preferred Dividends
| - | - | - | - | - |
Net Income Available to Common
| 342.60M | 355.21M | 313.88M | 422.05M | |
EPS (Basic)
| 1.4122 | 1.5081 | 1.3598 | 1.8398 | |
EPS (Basic) Growth
| -15.27% | +6.79% | -9.83% | +35.30% | |
Basic Shares Outstanding
| 242.60M | 235.53M | 230.83M | 229.41M | |
EPS (Diluted)
| 1.406 | 1.5013 | 1.3575 | 1.8373 | |
EPS (Diluted) Growth
| -15.15% | +6.78% | -9.58% | +35.34% | |
Diluted Shares Outstanding
| 243.68M | 236.60M | 231.22M | 229.72M | |
EBITDA
| 504.95M | 509.27M | 466.57M | 589.05M | |
EBITDA Growth
| -14.88% | +0.86% | -8.38% | +26.25% | |
EBITDA Margin
| +29.91% | +29.42% | +24.31% | +25.62% |
Snapshot
| Average Recommendation | OVERWEIGHT | Average Target Price | 34.222 | |
| Number of Ratings | 13 | Current Quarters Estimate | 0.48 | |
| FY Report Date | 12 / 2024 | Current Year's Estimate | 1.861 | |
| Last Quarter’s Earnings | 0.53 | Median PE on CY Estimate | N/A | |
| Year Ago Earnings | 1.84 | Next Fiscal Year Estimate | 2.079 | |
| Median PE on Next FY Estimate | N/A |
Earnings Per Share
| This Quarter | Next Quarter | This Fiscal | Next Fiscal | |
|---|---|---|---|---|
| # of Estimates | 9 | 5 | 9 | 9 |
| Mean Estimate | 0.48 | 0.47 | 1.86 | 2.08 |
| High Estimates | 0.52 | 0.50 | 1.89 | 2.30 |
| Low Estimate | 0.45 | 0.45 | 1.84 | 1.97 |
| Coefficient of Variance | 4.06 | 4.37 | 0.89 | 4.56 |
Analysts Recommendations
| Current | 1 Month Ago | 3 Months Ago | |
|---|---|---|---|
| BUY | 3 | 3 | 2 |
| OVERWEIGHT | 4 | 4 | 3 |
| HOLD | 6 | 6 | 6 |
| UNDERWEIGHT | 0 | 0 | 0 |
| SELL | 0 | 0 | 0 |
| MEAN | Overweight | Overweight | Overweight |
SEC Filings for Gentex Corp. - GNTX
| Filing Date | Type | Category | Amended |
|---|---|---|---|
| No results | |||
Insider Actions for Gentex Corp. - GNTX
| Date | Name | Shares | Transaction | Value |
|---|---|---|---|---|
| May 21, 2024 | Joseph B. Anderson Director | 3,764 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $34.46 per share | 129,707.44 |
| May 21, 2024 | Gary F. Goode Director | 24,464 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $34.46 per share | 843,029.44 |
| Mar 1, 2024 | Kevin C. Nash Chief Financial Officer | 42,490 | Bona fide gift Non-derivative transaction at $36.53 per share | 1,552,159.70 |
| Feb 22, 2024 | Matthew Chiodo Vice President of Sales | 31,639 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $35.01 per share | 1,107,681.39 |
| Feb 22, 2024 | Scott P. Ryan General Counsel | 12,500 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Feb 22, 2024 | Scott P. Ryan General Counsel | 28,949 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $35 per share | 1,013,215.00 |
| Feb 22, 2024 | Scott P. Ryan General Counsel | 41,449 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $22.94 per share | 950,840.06 |
| Feb 22, 2024 | Scott P. Ryan General Counsel | 28,949 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $35.01 per share | 1,013,504.49 |
| Feb 22, 2024 | Scott P. Ryan General Counsel | 31,525 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $35.01 per share | 1,103,690.25 |
| Feb 22, 2024 | Scott P. Ryan General Counsel | 35,233 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Feb 22, 2024 | Neil Boehm Chief Technology Officer | 39,497 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $35.01 per share | 1,382,789.97 |
| Feb 22, 2024 | Neil Boehm Chief Technology Officer | 45,953 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $35.01 per share | 1,608,814.53 |
| Feb 22, 2024 | Neil Boehm Chief Technology Officer | 54,831 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Feb 22, 2024 | Kevin C. Nash Chief Financial Officer | 13,500 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Feb 22, 2024 | Kevin C. Nash Chief Financial Officer | 44,321 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $33.04 per share | 1,464,365.84 |
| Feb 22, 2024 | Kevin C. Nash Chief Financial Officer | 57,821 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $22.94 per share | 1,326,413.74 |
| Feb 22, 2024 | Kevin C. Nash Chief Financial Officer | 44,321 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $35.01 per share | 1,551,678.21 |
| Feb 22, 2024 | Kevin C. Nash Chief Financial Officer | 47,265 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $35.01 per share | 1,654,747.65 |
| Feb 22, 2024 | Steve R. Downing President and CEO | 164,078 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $35.01 per share | 5,744,370.78 |
| Feb 22, 2024 | Steve R. Downing President and CEO | 182,405 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $35.01 per share | 6,385,999.05 |