GENTEX CORP (GNTX) Stock Fundamental Analysis
USA - NASDAQ:GNTX - US3719011096 - Common Stock
23.48 USD
+0.42 (+1.82%)
23.4788 USD
0 (-0.01%)
GNTX gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 82 industry peers in the Automobile Components industry. GNTX scores excellent points on both the profitability and health parts. This is a solid base for a good stock. GNTX has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year GNTX was profitable.
GNTX had a positive operating cash flow in the past year.
In the past 5 years GNTX has always been profitable.
Each year in the past 5 years GNTX had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 14.06%, GNTX belongs to the best of the industry, outperforming 97.56% of the companies in the same industry.
Looking at the Return On Equity, with a value of 16.28%, GNTX belongs to the top of the industry, outperforming 93.90% 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 96.34% of its industry peers.
GNTX had an Average Return On Invested Capital over the past 3 years of 16.39%. This is significantly above the industry average of 8.52%.
| 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
Looking at the Profit Margin, with a value of 16.59%, GNTX belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
In the last couple of years the Profit Margin of GNTX has declined.
Looking at the Operating Margin, with a value of 19.76%, GNTX belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
GNTX's Operating Margin has declined in the last couple of years.
GNTX has a Gross Margin of 33.54%. This is amongst the best in the industry. GNTX outperforms 91.46% 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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), GNTX is creating value.
GNTX has less shares outstanding than it did 1 year ago.
GNTX has less shares outstanding than it did 5 years ago.
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 10.33 indicates that GNTX is not in any danger for bankruptcy at the moment.
The Altman-Z score of GNTX (10.33) is better than 93.90% of its industry peers.
The Debt to FCF ratio of GNTX is 0.01, which is an excellent value as it means it would take GNTX, only 0.01 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.01, GNTX belongs to the top of the industry, outperforming 97.56% of the companies in the same industry.
GNTX has a Debt/Equity ratio of 0.00. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.00, GNTX belongs to the top of the industry, outperforming 95.12% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Altman-Z | 10.33 |
ROIC/WACC1.84
WACC8.82%
2.3 Liquidity
GNTX has a Current Ratio of 3.15. This indicates that GNTX is financially healthy and has no problem in meeting its short term obligations.
GNTX's Current ratio of 3.15 is amongst the best of the industry. GNTX outperforms 90.24% of its industry peers.
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 86.59% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.15 | ||
| Quick Ratio | 1.74 |
3. Growth
3.1 Past
The earnings per share for GNTX have decreased by -4.81% in the last year.
Measured over the past 5 years, GNTX shows a small growth in Earnings Per Share. The EPS has been growing by 1.76% on average per year.
Looking at the last year, GNTX shows a small growth in Revenue. The Revenue has grown by 0.61% in the last year.
The Revenue has been growing slightly by 4.47% on average over the past years.
EPS 1Y (TTM)-4.81%
EPS 3Y6.5%
EPS 5Y1.76%
EPS Q2Q%-13.21%
Revenue 1Y (TTM)0.61%
Revenue growth 3Y10.14%
Revenue growth 5Y4.47%
Sales Q2Q%7.68%
3.2 Future
GNTX is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 14.48% yearly.
The Revenue is expected to grow by 7.37% on average over the next years.
EPS Next Y0.38%
EPS Next 2Y6.18%
EPS Next 3Y9.02%
EPS Next 5Y14.48%
Revenue Next Year6.45%
Revenue Next 2Y6.25%
Revenue Next 3Y5.96%
Revenue Next 5Y7.37%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 13.19, which indicates a correct valuation of GNTX.
64.63% of the companies in the same industry are more expensive than GNTX, based on the Price/Earnings ratio.
GNTX's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.67.
The Price/Forward Earnings ratio is 11.57, which indicates a very decent 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.
GNTX's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 31.86.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.19 | ||
| Fwd PE | 11.57 |
4.2 Price Multiples
GNTX's Enterprise Value to EBITDA ratio is in line with the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of GNTX indicates a somewhat cheap valuation: GNTX is cheaper than 64.63% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.92 | ||
| EV/EBITDA | 8.58 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The excellent profitability rating of GNTX may justify a higher PE ratio.
PEG (NY)34.62
PEG (5Y)7.51
EPS Next 2Y6.18%
EPS Next 3Y9.02%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.04%, GNTX has a reasonable but not impressive dividend return.
GNTX's Dividend Yield is comparable with the industry average which is at 4.31.
Compared to an average S&P500 Dividend Yield of 2.40, GNTX has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.04% |
5.2 History
The dividend of GNTX has a limited annual growth rate of 1.12%.
GNTX has been paying a dividend for at least 10 years, so it has a reliable track record.
GNTX has not decreased their dividend for at least 10 years, which is a reliable track record.
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 2Y6.18%
EPS Next 3Y9.02%
23.48
+0.42 (+1.82%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners102.12%
Inst Owner Change0.14%
Ins Owners0.27%
Ins Owner Change4.92%
Market Cap5.15B
Revenue(TTM)2.31B
Net Income(TTM)395.58M
Analysts72.86
Price Target30.26 (28.88%)
Short Float %2.46%
Short Ratio2.24
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.04% |
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)-1.57%
PT rev (3m)9.82%
EPS NQ rev (1m)2.53%
EPS NQ rev (3m)14.98%
EPS NY rev (1m)0.57%
EPS NY rev (3m)9.94%
Revenue NQ rev (1m)1.33%
Revenue NQ rev (3m)6.65%
Revenue NY rev (1m)0.31%
Revenue NY rev (3m)3.7%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.19 | ||
| Fwd PE | 11.57 | ||
| P/S | 2.16 | ||
| P/FCF | 12.92 | ||
| P/OCF | 9.31 | ||
| P/B | 2.12 | ||
| P/tB | 2.83 | ||
| EV/EBITDA | 8.58 |
EPS(TTM)1.78
EY7.58%
EPS(NY)2.03
Fwd EY8.64%
FCF(TTM)1.82
FCFY7.74%
OCF(TTM)2.52
OCFY10.74%
SpS10.87
BVpS11.07
TBVpS8.29
PEG (NY)34.62
PEG (5Y)7.51
Graham Number21.06
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%
ROICexgc growth 3Y-8.78%
ROICexgc 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 | 10.33 |
F-Score5
WACC8.82%
ROIC/WACC1.84
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)-4.81%
EPS 3Y6.5%
EPS 5Y1.76%
EPS Q2Q%-13.21%
EPS Next Y0.38%
EPS Next 2Y6.18%
EPS Next 3Y9.02%
EPS Next 5Y14.48%
Revenue 1Y (TTM)0.61%
Revenue growth 3Y10.14%
Revenue growth 5Y4.47%
Sales Q2Q%7.68%
Revenue Next Year6.45%
Revenue Next 2Y6.25%
Revenue Next 3Y5.96%
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%
GENTEX CORP / GNTX FAQ
Can you provide the ChartMill fundamental rating for GENTEX CORP?
ChartMill assigns a fundamental rating of 7 / 10 to GNTX.
What is the valuation status of GENTEX CORP (GNTX) stock?
ChartMill assigns a valuation rating of 5 / 10 to GENTEX CORP (GNTX). This can be considered as Fairly Valued.
How profitable is GENTEX CORP (GNTX) stock?
GENTEX CORP (GNTX) has a profitability rating of 8 / 10.
Can you provide the expected EPS growth for GNTX stock?
The Earnings per Share (EPS) of GENTEX CORP (GNTX) is expected to grow by 0.38% in the next year.
How sustainable is the dividend of GENTEX CORP (GNTX) stock?
The dividend rating of GENTEX CORP (GNTX) is 6 / 10 and the dividend payout ratio is 27.6%.