GENTEX CORP (GNTX) Stock Fundamental Analysis
USA - NASDAQ:GNTX - US3719011096 - Common Stock
28.46 USD
+0.05 (+0.18%)
28.46 USD
0 (0%)
GNTX gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 80 industry peers in the Automobile Components industry. Both the health and profitability get an excellent rating, making GNTX a very profitable company, without any liquidiy or solvency issues. GNTX is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
GNTX had positive earnings in the past year.
In the past year GNTX had a positive cash flow from operations.
In the past 5 years GNTX has always been profitable.
GNTX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
GNTX has a Return On Assets of 14.06%. This is amongst the best in the industry. GNTX outperforms 98.75% of its industry peers.
With an excellent Return On Equity value of 16.28%, GNTX belongs to the best of the industry, outperforming 95.00% of the companies in the same industry.
GNTX's Return On Invested Capital of 16.19% is amongst the best of the industry. GNTX outperforms 96.25% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for GNTX is significantly above the industry average of 8.51%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.06% | ||
| ROE | 16.28% | ||
| ROIC | 16.19% |
ROA(3y)14.7%
ROA(5y)15.27%
ROE(3y)16.54%
ROE(5y)17.08%
ROIC(3y)16.39%
ROIC(5y)16.87%
1.3 Margins
GNTX has a Profit Margin of 16.59%. This is amongst the best in the industry. GNTX outperforms 100.00% of its industry peers.
GNTX's Profit Margin has declined in the last couple of years.
The Operating Margin of GNTX (19.76%) is better than 100.00% of its industry peers.
GNTX's Operating Margin has declined in the last couple of years.
GNTX has a better Gross Margin (33.54%) than 92.50% of its industry peers.
In the last couple of years the Gross Margin of GNTX has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.76% | ||
| PM (TTM) | 16.59% | ||
| GM | 33.54% |
OM growth 3Y-5.06%
OM growth 5Y-5.07%
PM growth 3Y-5.63%
PM growth 5Y-5.25%
GM growth 3Y-2.35%
GM growth 5Y-2.08%
2. Health
2.1 Basic Checks
GNTX has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for GNTX has been reduced compared to 1 year ago.
Compared to 5 years ago, GNTX has less shares outstanding
There is no outstanding debt for GNTX. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
An Altman-Z score of 12.18 indicates that GNTX is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 12.18, GNTX belongs to the best of the industry, outperforming 95.00% of the companies in the same industry.
GNTX has a debt to FCF ratio of 0.01. This is a very positive value and a sign of high solvency as it would only need 0.01 years to pay back of all of its debts.
GNTX's Debt to FCF ratio of 0.01 is amongst the best of the industry. GNTX outperforms 97.50% of its industry peers.
A Debt/Equity ratio of 0.00 indicates that GNTX is not too dependend on debt financing.
GNTX has a better Debt to Equity ratio (0.00) than 95.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Altman-Z | 12.18 |
ROIC/WACC1.68
WACC9.66%
2.3 Liquidity
A Current Ratio of 3.15 indicates that GNTX has no problem at all paying its short term obligations.
With an excellent Current ratio value of 3.15, GNTX belongs to the best of the industry, outperforming 91.25% of the companies in the same industry.
GNTX has a Quick Ratio of 1.74. This is a normal value and indicates that GNTX is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of GNTX (1.74) is better than 86.25% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.15 | ||
| Quick Ratio | 1.74 |
3. Growth
3.1 Past
GNTX shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 3.35%.
GNTX shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.76% yearly.
GNTX shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -18.28%.
The Revenue has been growing slightly by 4.47% on average over the past years.
EPS 1Y (TTM)3.35%
EPS 3Y6.5%
EPS 5Y1.76%
EPS Q2Q%27.03%
Revenue 1Y (TTM)-18.28%
Revenue growth 3Y10.14%
Revenue growth 5Y4.47%
Sales Q2Q%14.82%
3.2 Future
Based on estimates for the next years, GNTX will show a quite strong growth in Earnings Per Share. The EPS will grow by 14.48% on average per year.
Based on estimates for the next years, GNTX will show a small growth in Revenue. The Revenue will grow by 7.37% on average per year.
EPS Next Y-0.81%
EPS Next 2Y6.12%
EPS Next 3Y9.07%
EPS Next 5Y14.48%
Revenue Next Year6.12%
Revenue Next 2Y6.31%
Revenue Next 3Y5.49%
Revenue Next 5Y7.37%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 15.38, which indicates a correct valuation of GNTX.
The rest of the industry has a similar Price/Earnings ratio as GNTX.
The average S&P500 Price/Earnings ratio is at 27.30. GNTX is valued slightly cheaper when compared to this.
A Price/Forward Earnings ratio of 14.04 indicates a correct valuation of GNTX.
Compared to the rest of the industry, the Price/Forward Earnings ratio of GNTX is on the same level as its industry peers.
The average S&P500 Price/Forward Earnings ratio is at 22.73. GNTX is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.38 | ||
| Fwd PE | 14.04 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of GNTX indicates a slightly more expensive valuation: GNTX is more expensive than 61.25% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of GNTX indicates a somewhat cheap valuation: GNTX is cheaper than 61.25% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.66 | ||
| EV/EBITDA | 10.66 |
4.3 Compensation for Growth
The excellent profitability rating of GNTX may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)8.76
EPS Next 2Y6.12%
EPS Next 3Y9.07%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.69%, GNTX has a reasonable but not impressive dividend return.
GNTX's Dividend Yield is comparable with the industry average which is at 3.89.
Compared to the average S&P500 Dividend Yield of 2.38, GNTX is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.69% |
5.2 History
The dividend of GNTX has a limited annual growth rate of 1.12%.
GNTX has paid a dividend for at least 10 years, which is a reliable track record.
GNTX has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)1.12%
Div Incr Years0
Div Non Decr Years21
5.3 Sustainability
27.60% of the earnings are spent on dividend by GNTX. This is a low number and sustainable payout ratio.
The dividend of GNTX is growing, but earnings are growing more, so the dividend growth is sustainable.
DP27.6%
EPS Next 2Y6.12%
EPS Next 3Y9.07%
28.46
+0.05 (+0.18%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners99.59%
Inst Owner Change-1.75%
Ins Owners0.26%
Ins Owner Change5.72%
Market Cap6.25B
Analysts75
Price Target30.74 (8.01%)
Short Float %3.2%
Short Ratio2.89
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.69% |
Yearly Dividend0.48
Dividend Growth(5Y)1.12%
DP27.6%
Div Incr Years0
Div Non Decr Years21
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)9.51%
Min EPS beat(2)-1.18%
Max EPS beat(2)20.21%
EPS beat(4)2
Avg EPS beat(4)3.78%
Min EPS beat(4)-12.61%
Max EPS beat(4)20.21%
EPS beat(8)4
Avg EPS beat(8)-0.86%
EPS beat(12)6
Avg EPS beat(12)-0.72%
EPS beat(16)8
Avg EPS beat(16)-1.94%
Revenue beat(2)1
Avg Revenue beat(2)2.12%
Min Revenue beat(2)-0.97%
Max Revenue beat(2)5.2%
Revenue beat(4)2
Avg Revenue beat(4)-1.59%
Min Revenue beat(4)-11.34%
Max Revenue beat(4)5.2%
Revenue beat(8)3
Avg Revenue beat(8)-2.07%
Revenue beat(12)5
Avg Revenue beat(12)-1.46%
Revenue beat(16)6
Avg Revenue beat(16)-1.52%
PT rev (1m)2.55%
PT rev (3m)13.92%
EPS NQ rev (1m)0.58%
EPS NQ rev (3m)17.18%
EPS NY rev (1m)8.64%
EPS NY rev (3m)10%
Revenue NQ rev (1m)-0.31%
Revenue NQ rev (3m)5.63%
Revenue NY rev (1m)1.22%
Revenue NY rev (3m)3.34%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.38 | ||
| Fwd PE | 14.04 | ||
| P/S | 2.62 | ||
| P/FCF | 15.66 | ||
| P/OCF | 11.28 | ||
| P/B | 2.57 | ||
| P/tB | 3.43 | ||
| EV/EBITDA | 10.66 |
EPS(TTM)1.85
EY6.5%
EPS(NY)2.03
Fwd EY7.12%
FCF(TTM)1.82
FCFY6.38%
OCF(TTM)2.52
OCFY8.86%
SpS10.87
BVpS11.07
TBVpS8.29
PEG (NY)N/A
PEG (5Y)8.76
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.06% | ||
| ROE | 16.28% | ||
| ROCE | 19.03% | ||
| ROIC | 16.19% | ||
| ROICexc | 17.17% | ||
| ROICexgc | 23.23% | ||
| OM | 19.76% | ||
| PM (TTM) | 16.59% | ||
| GM | 33.54% | ||
| FCFM | 16.72% |
ROA(3y)14.7%
ROA(5y)15.27%
ROE(3y)16.54%
ROE(5y)17.08%
ROIC(3y)16.39%
ROIC(5y)16.87%
ROICexc(3y)18.34%
ROICexc(5y)19.59%
ROICexgc(3y)26.09%
ROICexgc(5y)29.13%
ROCE(3y)19.23%
ROCE(5y)19.78%
ROICexcg growth 3Y-8.78%
ROICexcg growth 5Y-10.64%
ROICexc growth 3Y-5.13%
ROICexc growth 5Y-7.85%
OM growth 3Y-5.06%
OM growth 5Y-5.07%
PM growth 3Y-5.63%
PM growth 5Y-5.25%
GM growth 3Y-2.35%
GM growth 5Y-2.08%
F-Score5
Asset Turnover0.85
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Debt/EBITDA | 0.01 | ||
| Cap/Depr | 155.42% | ||
| Cap/Sales | 6.49% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 96.99% | ||
| Profit Quality | 100.83% | ||
| Current Ratio | 3.15 | ||
| Quick Ratio | 1.74 | ||
| Altman-Z | 12.18 |
F-Score5
WACC9.66%
ROIC/WACC1.68
Cap/Depr(3y)172.18%
Cap/Depr(5y)129%
Cap/Sales(3y)7.51%
Cap/Sales(5y)6.03%
Profit Quality(3y)76.56%
Profit Quality(5y)85.99%
High Growth Momentum
Growth
EPS 1Y (TTM)3.35%
EPS 3Y6.5%
EPS 5Y1.76%
EPS Q2Q%27.03%
EPS Next Y-0.81%
EPS Next 2Y6.12%
EPS Next 3Y9.07%
EPS Next 5Y14.48%
Revenue 1Y (TTM)-18.28%
Revenue growth 3Y10.14%
Revenue growth 5Y4.47%
Sales Q2Q%14.82%
Revenue Next Year6.12%
Revenue Next 2Y6.31%
Revenue Next 3Y5.49%
Revenue Next 5Y7.37%
EBIT growth 1Y-25.05%
EBIT growth 3Y4.57%
EBIT growth 5Y-0.83%
EBIT Next Year13.25%
EBIT Next 3Y9.99%
EBIT Next 5Y12.58%
FCF growth 1Y92.87%
FCF growth 3Y6.42%
FCF growth 5Y-3.67%
OCF growth 1Y41.73%
OCF growth 3Y11.21%
OCF growth 5Y-0.31%