Gentex Financials

GNTX Stock  USD 30.40  0.52  1.74%   
Based on the key measurements obtained from Gentex's financial statements, Gentex may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Gentex's Liabilities And Stockholders Equity is fairly stable compared to the past year. Non Current Liabilities Total is likely to rise to about 50.8 M in 2024, whereas Net Debt is likely to drop (234 M) in 2024. Key indicators impacting Gentex's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.140.1863
Way Down
Slightly volatile
Return On Assets0.110.164
Way Down
Slightly volatile
Return On Equity0.130.1853
Way Down
Slightly volatile
Debt Equity Ratio0.03250.0343
Notably Down
Slightly volatile
Operating Income520.5 M495.7 M
Sufficiently Up
Slightly volatile
Current Ratio5.493.6734
Way Up
Slightly volatile
The financial analysis of Gentex is a critical element in measuring its lifeblood. Investors should not minimize Gentex's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

449.82 Million

  
Understanding current and past Gentex Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Gentex's financial statements are interrelated, with each one affecting the others. For example, an increase in Gentex's assets may result in an increase in income on the income statement.

Gentex Earnings Geography

Please note, the imprecision that can be found in Gentex's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Gentex. Check Gentex's Beneish M Score to see the likelihood of Gentex's management manipulating its earnings.

Gentex Stock Summary

Gentex competes with LKQ, and Commercial Vehicle. 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. Gentex Corporation was incorporated in 1974 and is headquartered in Zeeland, Michigan. Gentex Corp operates under Auto Parts classification in the United States and is traded on NASDAQ Exchange. It employs 4998 people.
Specialization
Consumer Discretionary, Automobiles & Components
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS3719011096
CUSIP371901109
LocationMichigan; U.S.A
Business Address600 North Centennial
SectorAutomobile Components
IndustryConsumer Discretionary
BenchmarkDow Jones Industrial
Websitewww.gentex.com
Phone616 772 1800
CurrencyUSD - US Dollar

Gentex Key Financial Ratios

Gentex Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets2.2B2.2B2.1B2.3B2.6B2.7B
Net Debt(296.3M)(423.4M)(262.3M)(214.8M)(222.9M)(234.0M)
Retained Earnings1.1B1.1B1.0B1.1B1.3B1.4B
Cash296.3M423.4M262.3M214.8M226.4M242.1M
Net Receivables235.4M284.9M249.8M276.5M321.8M337.9M
Inventory248.9M226.3M316.3M404.4M402.5M422.6M
Other Current Assets29.3M17.6M39.2M30.0M32.7M31.0M
Total Liab230.7M234.0M193.4M261.4M298.9M313.9M
Total Current Assets950.4M979.3M873.0M948.7M997.7M1.0B
Other Current Liab74.3M89.2M83.1M80.1M84.7M88.9M
Intangible Assets272.8M276.5M272.6M312.4M280.5M294.5M
Accounts Payable97.6M84.8M98.3M151.7M184.4M193.6M
Common Stock15.1M14.6M14.2M14.1M13.9M11.5M
Net Tangible Assets1.9B2.0B1.4B2.1B2.4B1.8B
Capital Surpluse807.9M852.8M879.4M917.5M1.1B710.9M
Other Liab58.5M56.3M11.7M10.2M9.1M8.7M

Gentex Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
201920202021202220232024 (projected)
Interest Expense116.6M600K105.7M96.3M110.7M116.3M
Total Revenue1.9B1.7B1.7B1.9B2.3B2.4B
Gross Profit688.3M605.4M619.7M609.8M762.6M800.8M
Operating Income383.8M294.8M310.7M273.4M495.7M520.5M
Ebit383.8M294.8M310.7M370.0M495.7M520.5M
Ebitda488.5M399.6M409.8M466.6M589.1M618.5M
Cost Of Revenue1.2B1.1B1.1B1.3B1.5B1.6B
Income Before Tax500.4M411.8M416.4M369.7M505.0M530.2M
Net Income424.7M347.6M360.8M318.8M428.4M449.8M
Income Tax Expense75.7M64.2M55.6M51.0M76.6M52.0M
Research Development114.7M115.9M117.8M133.3M154.4M162.1M
Tax Provision75.7M64.2M55.6M51.0M76.6M74.7M

Gentex Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Gentex. It measures of how well Gentex is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Gentex brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Gentex had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Gentex has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change To Inventory(23.7M)22.7M(90.0M)(88.1M)2.1M2.2M
Change In Cash79.3M127.0M(161.1M)(43.6M)7.7M5.5M
Free Cash Flow421.4M412.8M293.3M191.8M353.6M371.2M
Depreciation104.7M104.7M99.1M96.6M93.3M98.0M
Capital Expenditures84.6M51.7M68.8M146.4M183.7M192.9M
Net Income424.7M347.6M360.8M318.8M428.4M449.8M
End Period Cash Flow296.3M423.4M262.3M218.8M226.4M258.0M
Other Non Cash Items(50.5K)(2.2M)(1.3M)1.7M6.1M6.4M
Dividends Paid116.3M117.2M115.3M113.1M112.2M89.6M
Investments28.9M93.3M(29.3M)(23.0M)(242.5M)(230.4M)
Change Receivables(21.9M)(49.3M)35.1M(26.7M)(30.7M)(32.2M)
Change To Netincome17.7M12.2M(15.7M)12.1M10.9M7.3M

Gentex Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Gentex's current stock value. Our valuation model uses many indicators to compare Gentex value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Gentex competition to find correlations between indicators driving Gentex's intrinsic value. More Info.
Gentex is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers reporting about  0.64  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Gentex is roughly  1.56 . At this time, Gentex's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Gentex's earnings, one of the primary drivers of an investment's value.

Gentex's Earnings Breakdown by Geography

Gentex Systematic Risk

Gentex's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Gentex volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Gentex correlated with the market. If Beta is less than 0 Gentex generally moves in the opposite direction as compared to the market. If Gentex Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Gentex is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Gentex is generally in the same direction as the market. If Beta > 1 Gentex moves generally in the same direction as, but more than the movement of the benchmark.

Gentex Thematic Clasifications

Gentex is part of several thematic ideas from Cars to Automobiles and Trucks. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Gentex Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Gentex's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Gentex growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.9

At this time, Gentex's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Gentex November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Gentex help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Gentex. We use our internally-developed statistical techniques to arrive at the intrinsic value of Gentex based on widely used predictive technical indicators. In general, we focus on analyzing Gentex Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Gentex's daily price indicators and compare them against related drivers.

Additional Tools for Gentex Stock Analysis

When running Gentex's price analysis, check to measure Gentex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Gentex is operating at the current time. Most of Gentex's value examination focuses on studying past and present price action to predict the probability of Gentex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gentex's price. Additionally, you may evaluate how the addition of Gentex to your portfolios can decrease your overall portfolio volatility.